Putnam Mortgage Securities Y (PUSYX)
| Fund Assets | 410.02M |
| Expense Ratio | 0.70% |
| Min. Investment | $500 |
| Turnover | 1,383.00% |
| Dividend (ttm) | 1.21 |
| Dividend Yield | 15.47% |
| Dividend Growth | 37.67% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 26, 2025 |
| Previous Close | 7.85 |
| YTD Return | 6.38% |
| 1-Year Return | 3.19% |
| 5-Year Return | 2.67% |
| 52-Week Low | 7.41 |
| 52-Week High | 8.65 |
| Beta (5Y) | n/a |
| Holdings | 448 |
| Inception Date | Apr 11, 1994 |
About PUSYX
Putnam Mortgage Securities Fund is a mutual fund specializing in mortgage and mortgage-related fixed income securities. Its primary objective is to generate a high level of current income while seeking to preserve capital. The fund allocates capital across a spectrum of mortgage-backed securities, encompassing both agency-backed instruments—such as those issued by Ginnie Mae, Fannie Mae, or Freddie Mac—and non-agency securities, which may include residential and commercial mortgage-backed securities, including those rated below investment grade. Notably, the fund frequently holds positions in collateralized mortgage obligations and occasionally in other asset-backed securities, offering exposure to both government-guaranteed and privately issued credit markets. Derivatives, such as credit default swaps and interest rate swaps, may also be employed to manage risk and enhance yield. By focusing on this diverse range of mortgage-related assets, Putnam Mortgage Securities Fund plays a key role for investors seeking income within the fixed income sector, especially those interested in the dynamics of U.S. housing and real estate finance markets.
Performance
PUSYX had a total return of 3.19% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.25%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FMGAX | Fidelity | Fidelity Advisor Mortgage Securities A | 0.80% |
| FMSCX | Fidelity | Fidelity Advisor Mortgage Securities I | 0.57% |
| FIKUX | Fidelity | Fidelity Advisor Mortgage Securities Z | 0.36% |
| FMSAX | Fidelity | Fidelity Advisor Mortgage Securities M | 0.80% |
| FMSFX | Fidelity | Fidelity Mortgage Securities | 0.44% |
Top 10 Holdings
105.92% of assets| Name | Symbol | Weight |
|---|---|---|
| Federal National Mortgage Association | FNCL.5.5 8.11 | 26.15% |
| Federal National Mortgage Association | FNCL.6 8.11 | 17.93% |
| Federal National Mortgage Association | FNCL.2 8.13 | 15.57% |
| Federal National Mortgage Association | FNCL.2.5 8.11 | 13.49% |
| Federal National Mortgage Association | FNCL.3.5 8.11 | 7.24% |
| Federal National Mortgage Association | FNCL.3 8.11 | 6.94% |
| Federal National Mortgage Association | FNCL.4 8.11 | 5.44% |
| Government National Mortgage Association | G2SF.4.5 8.11 | 4.66% |
| Federal National Mortgage Association | FNCL.4.5 8.11 | 4.43% |
| Government National Mortgage Association | G2SF.3 8.11 | 4.08% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 26, 2025 | $0.0326 | Aug 26, 2025 |
| Jul 28, 2025 | $0.0413 | Jul 28, 2025 |
| Jun 25, 2025 | $0.029 | Jun 25, 2025 |
| May 27, 2025 | $0.030 | May 27, 2025 |
| Apr 21, 2025 | $0.048 | Apr 21, 2025 |
| Mar 20, 2025 | $0.048 | Mar 20, 2025 |