Putnam Mortgage Opportunities Fund Class I (PMOTX)
| Fund Assets | 416.31M |
| Expense Ratio | 0.47% |
| Min. Investment | $5,000,000 |
| Turnover | 966.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 5.63% |
| Dividend Growth | -11.71% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 26, 2026 |
| Previous Close | 9.03 |
| YTD Return | 2.97% |
| 1-Year Return | 5.28% |
| 5-Year Return | 22.85% |
| 52-Week Low | 8.83 |
| 52-Week High | 9.07 |
| Beta (5Y) | 0.01 |
| Holdings | 449 |
| Inception Date | Apr 7, 2015 |
About PMOTX
Putnam Mortgage Opportunities Fund Class I is an actively managed mutual fund focused on the U.S. mortgage-backed securities market. The fund seeks to maximize total return with prudent risk by investing across residential and commercial mortgage-backed securities, including agency and non-agency pools, credit-risk transfer notes, and structured tranches, as well as related securitized credit instruments. Its mandate enables broad exposure to interest rate and credit dynamics within the mortgage ecosystem, spanning government-backed issuers and private-label deals. The strategy’s portfolio reflects deep diversification across vintage, collateral type, and structure, aiming to balance income generation with capital preservation in varying rate environments. Positioned within the securitized fixed income segment, the fund serves investors looking for dedicated mortgage market exposure and a differentiated return profile relative to core bond strategies. It plays a role in fixed income allocations as a specialist sleeve that can complement Treasuries and investment-grade credit by offering access to the housing finance channel and commercial real estate lending via securitizations.
Performance
PMOTX had a total return of 5.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.88%.
Top 10 Holdings
134.92% of assets| Name | Symbol | Weight |
|---|---|---|
| Federal National Mortgage Association | FNCL.5.5 3.12 | 60.05% |
| Cash And Equivalents | n/a | 39.37% |
| Government National Mortgage Association | G2SF.6 4.11 | 22.77% |
| Federal National Mortgage Association | FNCL.5 3.12 | 3.38% |
| Government National Mortgage Association | G2SF.6 3.12 | 3.19% |
| Federal National Mortgage Association | FNCL.2.5 3.12 | 1.46% |
| Irs Usd Fixed 3.45% Usd Float Usd-Sofr-Ois Compound 2031-0 | n/a | 1.39% |
| Federal National Mortgage Association | FNCL.3 3.12 | 1.30% |
| Federal Home Loan Mortgage Corp. 12.13169% | STACR.2019-FTR1 B2 | 1.12% |
| Federal Home Loan Mortgage Corp. 14.78169% | STACR.2018-HQA2 B2 | 0.90% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 26, 2026 | $0.0104 | Mar 26, 2026 |
| Feb 24, 2026 | $0.0363 | Feb 24, 2026 |
| Jan 27, 2026 | $0.0155 | Jan 27, 2026 |
| Dec 26, 2025 | $0.1179 | Dec 26, 2025 |
| Nov 24, 2025 | $0.0397 | Nov 24, 2025 |
| Oct 28, 2025 | $0.0415 | Oct 28, 2025 |