Putnam Mortgage Opportunities C (PMOZX)
| Fund Assets | 453.02M |
| Expense Ratio | 1.60% |
| Min. Investment | $500 |
| Turnover | 966.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.94% |
| Dividend Growth | -21.08% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 25, 2026 |
| Previous Close | 9.20 |
| YTD Return | 4.85% |
| 1-Year Return | 5.46% |
| 5-Year Return | 28.14% |
| 52-Week Low | 8.83 |
| 52-Week High | 9.22 |
| Beta (5Y) | n/a |
| Holdings | 463 |
| Inception Date | Jul 1, 2019 |
About PMOZX
Putnam Mortgage Opportunities Fund – Class C is an open‑end mutual fund focused on securitized credit across the U.S. mortgage market. The fund seeks total return by actively allocating among agency mortgage‑backed securities, non‑agency residential mortgage‑backed securities, commercial mortgage‑backed securities, and related structured credit, complemented by derivatives to manage interest‑rate and prepayment risks. It is categorized as a nontraditional bond strategy with an absolute‑return orientation, reflecting flexible duration and broad latitude across mortgage sectors. The portfolio is broadly diversified, holding several hundred positions and maintaining a short effective duration profile, which can help moderate sensitivity to rate moves while emphasizing security selection and structural analysis. The fund distributes income on a monthly basis and measures results against cash and mortgage market benchmarks, underscoring its focus on risk‑adjusted returns rather than benchmark replication. Class C shares carry a contingent deferred sales charge if redeemed within 12 months, alongside higher ongoing expenses relative to institutional share classes.
Performance
PMOZX had a total return of 5.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.16%.
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% | CFMT.2024-HB13 M1 | 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 | $0.0293 | Jun 25, 2026 |
| May 26, 2026 | $0.0148 | May 26, 2026 |
| Apr 27, 2026 | $0.0085 | Apr 27, 2026 |
| Mar 26, 2026 | $0.0019 | Mar 26, 2026 |
| Feb 24, 2026 | $0.0284 | Feb 24, 2026 |
| Jan 27, 2026 | $0.0067 | Jan 27, 2026 |