PNCYX – Putnam Income Y Investment Strategy | Morningstar

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Strategy

The investment seeks high current income consistent with prudent risk. The fund invests mainly in bonds that are securitized debt instruments (such as mortgage-backed investments) and related derivative instruments, and other obligations of companies and governments worldwide denominated in U.S. dollars or (to a lesser extent) foreign currencies, are either investment-grade or below-investment-grade in quality and have intermediate- to long-term maturities (three years or longer).

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PNCYX	Putnam Income Fund Class Y	Institutional	Open			Jun 16, 1994	$414.65M	0.480%	Average	$0	−$36.10M
PINCX	Putnam Income Fund Class A	Front Load	Closed			Nov 1, 1954	$325.54M	0.730%	Below Average	$0	−$48.89M
PUICX	Putnam Income Fund Class C	Level Load	Open			Jul 26, 1999	$13.19M	1.490%	Average	$0	−$6.45M
PINFX	Putnam Income Fund Class R5	Retirement, Large	Open			Jul 2, 2012	$3.64M	0.450%	Above Average	$0	$235,655.12
PINHX	Putnam Income Fund Class R6	Retirement, Large	Closed			Jul 2, 2012	$98.38M	0.380%	Average	$0	−$4.44M
PIFRX	Putnam Income Fund Class R	Retirement, Medium	Closed			Jan 21, 2003	$3.69M	0.990%	Above Average	$0	−$438,595.25

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