Putnam Mortgage Opportunities Y (PMOYX)
| Fund Assets | 453.02M |
| Expense Ratio | 0.60% |
| Min. Investment | $500 |
| Turnover | 966.00% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 4.92% |
| Dividend Growth | -17.70% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 25, 2026 |
| Previous Close | 9.18 |
| YTD Return | 5.29% |
| 1-Year Return | 6.23% |
| 5-Year Return | 28.07% |
| 52-Week Low | 8.82 |
| 52-Week High | 9.20 |
| Beta (5Y) | n/a |
| Holdings | 463 |
| Inception Date | Jul 1, 2019 |
About PMOYX
Putnam Mortgage Opportunities Fund Class Y is an open‑end mutual fund focused on mortgage‑related fixed income. Its stated objective is to maximize total return within what the managers consider prudent risk, primarily by investing across residential and commercial mortgage‑backed securities, complemented by related derivatives and select positions that may span investment‑grade and below‑investment‑grade quality. The strategy is categorized as a nontraditional bond approach, giving the portfolio flexibility to navigate prepayment dynamics, credit dispersion, and interest‑rate shifts within the securitized market. The fund typically emphasizes agency mortgage pools and structured securities, while maintaining tools such as short effective duration to manage rate sensitivity. It distributes income monthly, reflecting its income‑oriented securitized focus. Serving institutions and individuals seeking diversified exposure to the U.S. mortgage ecosystem, the fund plays a role in connecting investors to housing‑ and commercial‑property‑linked cash flows, helping to intermediate capital to the broader real estate finance market while offering a specialized sleeve within fixed income allocations.
Performance
PMOYX had a total return of 6.23% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.43%.
Top 10 Holdings
55.75% of assets| Name | Symbol | Weight |
|---|---|---|
| Federal National Mortgage Association | FNCL.5.5 6.11 | 27.18% |
| Federal National Mortgage Association | FNCL.6 6.11 | 10.67% |
| Federal National Mortgage Association | FNCL.5 6.11 | 5.96% |
| Federal National Mortgage Association | FNCL.4.5 6.11 | 4.81% |
| Government National Mortgage Association | G2SF.6 6.11 | 2.77% |
| Federal National Mortgage Association | FNCL.3 6.11 | 1.09% |
| Federal Home Loan Mortgage Corp. 12.07658% | STACR.2019-FTR1 B2 | 0.96% |
| CFMT 2024-HB13 LLC 3% | n/a | 0.78% |
| Federal Home Loan Mortgage Corp. 14.72658% | STACR.2018-HQA2 B2 | 0.77% |
| Freddie Mac Stacr Remic Trust 2022-DNA7 9.8621% | STACR.2021-DNA3 B2 | 0.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 25, 2026 | $0.0368 | Jun 25, 2026 |
| May 26, 2026 | $0.0225 | May 26, 2026 |
| Apr 27, 2026 | $0.0158 | Apr 27, 2026 |
| Mar 26, 2026 | $0.0096 | Mar 26, 2026 |
| Feb 24, 2026 | $0.0351 | Feb 24, 2026 |
| Jan 27, 2026 | $0.0143 | Jan 27, 2026 |