Putnam Income M (PNCMX)
| Fund Assets | 975.92M |
| Expense Ratio | 0.98% |
| Min. Investment | $500 |
| Turnover | 431.00% |
| Dividend (ttm) | 0.22 |
| Dividend Yield | 4.40% |
| Dividend Growth | -49.03% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 25, 2026 |
| Previous Close | 4.820 |
| YTD Return | 0.27% |
| 1-Year Return | 4.00% |
| 5-Year Return | -4.18% |
| 52-Week Low | 4.780 |
| 52-Week High | 4.940 |
| Beta (5Y) | 0.08 |
| Holdings | 1247 |
| 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 4.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.23%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 25, 2026 | $0.0187 | Jun 25, 2026 |
| May 26, 2026 | $0.0172 | May 26, 2026 |
| Apr 27, 2026 | $0.017 | Apr 27, 2026 |
| Mar 26, 2026 | $0.0174 | Mar 26, 2026 |
| Feb 24, 2026 | $0.012 | Feb 24, 2026 |
| Jan 27, 2026 | $0.0184 | Jan 27, 2026 |