Putnam Income Fund Class M (PNCMX)
| Fund Assets | 1.02B |
| Expense Ratio | 0.99% |
| Min. Investment | $500 |
| Turnover | 900.00% |
| Dividend (ttm) | 0.22 |
| Dividend Yield | 4.39% |
| Dividend Growth | -49.50% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 27, 2026 |
| Previous Close | 5.09 |
| YTD Return | 1.56% |
| 1-Year Return | 8.17% |
| 5-Year Return | -3.17% |
| 52-Week Low | 4.72 |
| 52-Week High | 5.10 |
| Beta (5Y) | n/a |
| Holdings | 1221 |
| Inception Date | Nov 1, 1954 |
About PNCMX
Putnam Income Fund Class M is an actively managed mutual fund in the taxable bond category, specifically classified as an intermediate core-plus bond fund. Its principal objective is to provide high current income while maintaining prudent levels of risk. The fund primarily invests across a diverse range of bonds, including both government and corporate debt securities, as well as securitized debt instruments such as mortgage-backed securities. Portfolio holdings may include investment-grade and below-investment-grade bonds, collectively targeting intermediate- to long-term maturities. Managed by Franklin Templeton Investments, Putnam Income Fund Class M adopts a dynamic approach, using derivative instruments for purposes such as hedging and broader portfolio management. This broad-based investment strategy gives the fund exposure to multiple fixed-income sectors, enhancing diversification and responsiveness to changing market conditions. Overall, the fund plays a role in providing investors with consistent income generation while navigating credit and interest rate risks inherent in global bond markets.
Performance
PNCMX had a total return of 8.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.06%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGBPX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class I | 0.50% |
| FSMTX | Fidelity | Fidelity SAI Total Bond Fund | 0.29% |
| FGBCX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class C | 1.52% |
| FGBTX | Fidelity | Fidelity Advisor Investment Grade Bond Fund - Class M | 0.74% |
| FTKFX | Fidelity | Fidelity Total Bond K6 Fund | 0.30% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 27, 2026 | $0.0184 | Jan 27, 2026 |
| Dec 26, 2025 | $0.0272 | Dec 26, 2025 |
| Nov 24, 2025 | $0.017 | Nov 24, 2025 |
| Oct 28, 2025 | $0.0177 | Oct 28, 2025 |
| Sep 25, 2025 | $0.0186 | Sep 25, 2025 |
| Aug 26, 2025 | $0.0186 | Aug 26, 2025 |