
Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$11.52
+0.35%
$303.06 B
-
$0.00
-0.86%
-
$11.35
+0.27%
$221.77 B
2.20%
$0.25
-0.96%
-
$11.11
+0.36%
$90.58 B
1.58%
$0.17
-0.63%
-
$13.69
+0.22%
$69.19 B
1.88%
$0.26
-0.73%
-
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$87.28
-0.13%
$303.06 B
2.24%
$1.95
-1.03%
-
AGG | ETF
$117.13
-0.20%
$85.21 B
2.16%
$2.53
-0.90%
-
$92.03
-0.07%
$41.17 B
2.27%
$2.09
-0.88%
-
SCHZ | ETF
$55.54
-0.18%
$8.72 B
2.44%
$1.36
-0.87%
-
IUSB | ETF
$54.17
-0.09%
$6.02 B
2.47%
$1.34
-0.75%
-
The fund invests mainly in bonds that are securitized debt instruments (such as mortgage-backed investments) and other obligations of companies and governments worldwide denominated in U.S. dollars, are either investment-grade or below-investment-grade in quality (sometimes referred to as "junk bonds") and have intermediate- to long-term maturities (three years or longer). It typically uses to a significant extent derivatives, such as futures, options and swap contracts, for both hedging and non-hedging purposes.
Period | PINCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.8% | -1.8% | 7.8% | 86.45% |
1 Yr | 7.1% | -4.0% | 18.5% | 75.00% |
3 Yr | 6.1%* | 0.9% | 9.8% | 14.97% |
5 Yr | 5.2%* | 1.1% | 9.2% | 21.36% |
10 Yr | 4.7%* | 1.6% | 8.4% | 16.79% |
* Annualized
Period | PINCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 1.4% | -10.1% | 946.1% | 92.00% |
2019 | 6.1% | -2.6% | 13.9% | 31.62% |
2018 | -3.0% | -10.3% | 2.7% | 34.39% |
2017 | 2.2% | -49.5% | 8.1% | 14.24% |
2016 | -1.2% | -49.3% | 192.8% | 93.28% |
Period | PINCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.8% | -1.8% | 7.8% | 86.45% |
1 Yr | 2.8% | -6.2% | 18.5% | 94.66% |
3 Yr | 4.7%* | 0.9% | 9.8% | 68.98% |
5 Yr | 4.4%* | 1.1% | 9.2% | 59.46% |
10 Yr | 4.3%* | 1.6% | 8.4% | 33.17% |
* Annualized
Period | PINCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 1.4% | -10.1% | 946.1% | 92.00% |
2019 | 6.1% | -2.6% | 13.9% | 32.43% |
2018 | -3.0% | -10.3% | 3.9% | 46.68% |
2017 | 2.2% | -6.0% | 8.4% | 34.42% |
2016 | -1.2% | -5.7% | 204.3% | 95.61% |
PINCX | Category Low | Category High | PINCX % Rank | |
---|---|---|---|---|
Net Assets | 4.03 B | 3.2 M | 303 B | 28.62% |
Number of Holdings | 1458 | 1 | 18497 | 24.58% |
Net Assets in Top 10 | 1.97 B | -1.13 B | 35.6 B | 18.48% |
Weighting of Top 10 | 90.59% | 3.1% | 100.0% | 2.46% |
Weighting | Return Low | Return High | PINCX % Rank | |
---|---|---|---|---|
Bonds | 130.62% | -52.64% | 351.52% | 2.77% |
Convertible Bonds | 0.93% | 0.00% | 11.80% | 58.60% |
Preferred Stocks | 0.06% | 0.00% | 84.28% | 27.82% |
Stocks | 0.00% | -0.25% | 10.46% | 94.82% |
Other | -3.76% | -14.22% | 7.23% | 96.21% |
Cash | -27.85% | -238.91% | 161.55% | 96.86% |
Weighting | Return Low | Return High | PINCX % Rank | |
---|---|---|---|---|
Securitized | 55.32% | 0.00% | 98.07% | 10.54% |
Corporate | 17.70% | 0.00% | 100.00% | 87.52% |
Government | 17.30% | 0.00% | 86.49% | 59.70% |
Cash & Equivalents | 9.50% | 0.00% | 57.87% | 29.57% |
Derivative | 0.12% | 0.00% | 23.90% | 28.28% |
Municipal | 0.05% | 0.00% | 89.53% | 69.69% |
Weighting | Return Low | Return High | PINCX % Rank | |
---|---|---|---|---|
US | 127.42% | -52.88% | 336.16% | 2.50% |
Non US | 3.20% | -144.79% | 48.76% | 86.41% |
PINCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.74% | 0.01% | 19.93% | 50.78% |
Management Fee | 0.39% | 0.00% | 0.85% | 55.51% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 61.11% |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
PINCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 4.00% | 2.00% | 5.75% | 52.11% |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
PINCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
PINCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 3.00% | 484.45% | 99.89% |
PINCX | Category Low | Category High | PINCX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 3.80% | 96.21% |
PINCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
PINCX | Category Low | Category High | PINCX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.19% | -0.39% | 11.28% | 70.79% |
PINCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount |
---|---|
Mar 25, 2019 | $0.020 |
Feb 25, 2019 | $0.020 |
Jan 25, 2019 | $0.020 |
Dec 26, 2018 | $0.020 |
Nov 26, 2018 | $0.020 |
Oct 25, 2018 | $0.020 |
Sep 25, 2018 | $0.020 |
Aug 27, 2018 | $0.020 |
Jul 25, 2018 | $0.020 |
Jun 25, 2018 | $0.020 |
May 25, 2018 | $0.020 |
Apr 25, 2018 | $0.020 |
Mar 26, 2018 | $0.020 |
Feb 26, 2018 | $0.020 |
Jan 25, 2018 | $0.020 |
Dec 26, 2017 | $0.020 |
Nov 27, 2017 | $0.020 |
Oct 25, 2017 | $0.020 |
Sep 25, 2017 | $0.020 |
Aug 25, 2017 | $0.020 |
Jul 25, 2017 | $0.020 |
Jun 26, 2017 | $0.020 |
May 25, 2017 | $0.020 |
Apr 25, 2017 | $0.020 |
Mar 27, 2017 | $0.020 |
Feb 27, 2017 | $0.020 |
Jan 25, 2017 | $0.020 |
Dec 27, 2016 | $0.020 |
Nov 25, 2016 | $0.020 |
Oct 25, 2016 | $0.020 |
Sep 26, 2016 | $0.020 |
Aug 25, 2016 | $0.020 |
Jul 25, 2016 | $0.020 |
Jun 27, 2016 | $0.017 |
May 25, 2016 | $0.017 |
Apr 25, 2016 | $0.017 |
Mar 28, 2016 | $0.017 |
Feb 25, 2016 | $0.015 |
Jan 25, 2016 | $0.015 |
Dec 28, 2015 | $0.015 |
Nov 25, 2015 | $0.015 |
Oct 26, 2015 | $0.015 |
Sep 25, 2015 | $0.015 |
Aug 25, 2015 | $0.015 |
Jul 27, 2015 | $0.015 |
Jun 25, 2015 | $0.015 |
May 26, 2015 | $0.020 |
Apr 27, 2015 | $0.020 |
Mar 25, 2015 | $0.020 |
Feb 25, 2015 | $0.020 |
Jan 26, 2015 | $0.023 |
Dec 26, 2014 | $0.023 |
Nov 25, 2014 | $0.023 |
Oct 27, 2014 | $0.023 |
Sep 25, 2014 | $0.026 |
Aug 25, 2014 | $0.026 |
Jul 25, 2014 | $0.026 |
Jun 25, 2014 | $0.026 |
May 27, 2014 | $0.026 |
Apr 25, 2014 | $0.026 |
Mar 25, 2014 | $0.026 |
Feb 25, 2014 | $0.026 |
Jan 27, 2014 | $0.026 |
Dec 26, 2013 | $0.029 |
Nov 25, 2013 | $0.021 |
Oct 25, 2013 | $0.021 |
Sep 25, 2013 | $0.021 |
Aug 26, 2013 | $0.021 |
Jul 25, 2013 | $0.021 |
Jun 25, 2013 | $0.021 |
May 28, 2013 | $0.021 |
Apr 25, 2013 | $0.021 |
Mar 25, 2013 | $0.018 |
Feb 25, 2013 | $0.018 |
Jan 25, 2013 | $0.018 |
Dec 26, 2012 | $0.018 |
Nov 26, 2012 | $0.016 |
Oct 25, 2012 | $0.016 |
Sep 25, 2012 | $0.016 |
Aug 27, 2012 | $0.016 |
Jul 25, 2012 | $0.016 |
Jun 25, 2012 | $0.016 |
May 25, 2012 | $0.016 |
Apr 25, 2012 | $0.016 |
Mar 26, 2012 | $0.020 |
Feb 27, 2012 | $0.020 |
Jan 25, 2012 | $0.020 |
Dec 27, 2011 | $0.020 |
Nov 25, 2011 | $0.020 |
Oct 25, 2011 | $0.020 |
Sep 26, 2011 | $0.020 |
Aug 25, 2011 | $0.029 |
Jul 25, 2011 | $0.029 |
May 25, 2011 | $0.029 |
Apr 25, 2011 | $0.029 |
Mar 25, 2011 | $0.029 |
Feb 25, 2011 | $0.034 |
Jan 25, 2011 | $0.034 |
Dec 27, 2010 | $0.034 |
Nov 26, 2010 | $0.034 |
Oct 25, 2010 | $0.038 |
Sep 27, 2010 | $0.038 |
Aug 25, 2010 | $0.038 |
Jul 26, 2010 | $0.043 |
Jun 25, 2010 | $0.043 |
May 25, 2010 | $0.043 |
Apr 26, 2010 | $0.043 |
Mar 25, 2010 | $0.043 |
Feb 25, 2010 | $0.039 |
Jan 25, 2010 | $0.039 |
Dec 28, 2009 | $0.039 |
Nov 25, 2009 | $0.039 |
Oct 26, 2009 | $0.039 |
Sep 25, 2009 | $0.039 |
Aug 25, 2009 | $0.039 |
Jul 27, 2009 | $0.039 |
Jun 25, 2009 | $0.039 |
May 26, 2009 | $0.039 |
Apr 27, 2009 | $0.039 |
Mar 25, 2009 | $0.039 |
Feb 25, 2009 | $0.039 |
Jan 26, 2009 | $0.039 |
Dec 26, 2008 | $0.039 |
Nov 25, 2008 | $0.039 |
Oct 27, 2008 | $0.039 |
Sep 25, 2008 | $0.039 |
Aug 25, 2008 | $0.039 |
Jul 25, 2008 | $0.039 |
Jun 25, 2008 | $0.039 |
May 27, 2008 | $0.039 |
Apr 25, 2008 | $0.039 |
Mar 25, 2008 | $0.029 |
Feb 25, 2008 | $0.029 |
Jan 25, 2008 | $0.029 |
Dec 26, 2007 | $0.044 |
Nov 26, 2007 | $0.027 |
Oct 25, 2007 | $0.027 |
Sep 25, 2007 | $0.027 |
Aug 27, 2007 | $0.027 |
Jul 27, 2007 | $0.027 |
Jun 25, 2007 | $0.027 |
May 25, 2007 | $0.027 |
Apr 25, 2007 | $0.027 |
Mar 26, 2007 | $0.027 |
Feb 26, 2007 | $0.027 |
Jan 25, 2007 | $0.026 |
Dec 26, 2006 | $0.026 |
Nov 27, 2006 | $0.026 |
Oct 25, 2006 | $0.026 |
Sep 25, 2006 | $0.026 |
Aug 25, 2006 | $0.024 |
Jul 25, 2006 | $0.024 |
Jun 26, 2006 | $0.024 |
May 25, 2006 | $0.024 |
Apr 25, 2006 | $0.023 |
Mar 27, 2006 | $0.023 |
Feb 27, 2006 | $0.023 |
Jan 25, 2006 | $0.023 |
Dec 27, 2005 | $0.023 |
Nov 25, 2005 | $0.023 |
Oct 25, 2005 | $0.023 |
Sep 26, 2005 | $0.023 |
Aug 25, 2005 | $0.019 |
Jul 25, 2005 | $0.019 |
Jun 27, 2005 | $0.019 |
May 25, 2005 | $0.016 |
Apr 25, 2005 | $0.016 |
Mar 28, 2005 | $0.016 |
Feb 25, 2005 | $0.016 |
Jan 25, 2005 | $0.015 |
Dec 27, 2004 | $0.015 |
Nov 26, 2004 | $0.015 |
Oct 25, 2004 | $0.015 |
Sep 27, 2004 | $0.015 |
Aug 25, 2004 | $0.015 |
Jul 26, 2004 | $0.015 |
Jun 25, 2004 | $0.015 |
May 25, 2004 | $0.015 |
Apr 26, 2004 | $0.015 |
Mar 25, 2004 | $0.015 |
Feb 25, 2004 | $0.019 |
Jan 26, 2004 | $0.019 |
Dec 26, 2003 | $0.019 |
Nov 25, 2003 | $0.019 |
Oct 27, 2003 | $0.019 |
Sep 25, 2003 | $0.019 |
Jun 25, 2003 | $0.019 |
May 27, 2003 | $0.021 |
Apr 25, 2003 | $0.021 |
Mar 25, 2003 | $0.021 |
Feb 25, 2003 | $0.021 |
Jan 27, 2003 | $0.025 |
Dec 26, 2002 | $0.025 |
Nov 25, 2002 | $0.025 |
Oct 25, 2002 | $0.025 |
Sep 25, 2002 | $0.025 |
Aug 26, 2002 | $0.030 |
Jul 25, 2002 | $0.030 |
Jun 25, 2002 | $0.030 |
May 28, 2002 | $0.030 |
Apr 25, 2002 | $0.030 |
Mar 25, 2002 | $0.030 |
Feb 25, 2002 | $0.030 |
Jan 25, 2002 | $0.030 |
Dec 26, 2001 | $0.030 |
Nov 26, 2001 | $0.030 |
Oct 25, 2001 | $0.030 |
Sep 25, 2001 | $0.030 |
Jun 25, 2001 | $0.030 |
May 25, 2001 | $0.030 |
Apr 25, 2001 | $0.030 |
Mar 26, 2001 | $0.035 |
Feb 26, 2001 | $0.035 |
Jan 25, 2001 | $0.035 |
Dec 26, 2000 | $0.028 |
Nov 27, 2000 | $0.035 |
Oct 25, 2000 | $0.035 |
Sep 25, 2000 | $0.035 |
Aug 25, 2000 | $0.035 |
Jul 25, 2000 | $0.035 |
Jun 26, 2000 | $0.035 |
May 25, 2000 | $0.035 |
Apr 25, 2000 | $0.035 |
Mar 27, 2000 | $0.035 |
Jan 25, 2000 | $0.035 |
Dec 27, 1999 | $0.035 |
Nov 26, 1999 | $0.035 |
Oct 25, 1999 | $0.035 |
Sep 27, 1999 | $0.035 |
Aug 25, 1999 | $0.035 |
Jul 26, 1999 | $0.035 |
Jun 25, 1999 | $0.035 |
May 25, 1999 | $0.035 |
Mar 25, 1999 | $0.035 |
Feb 25, 1999 | $0.035 |
Jan 25, 1999 | $0.037 |
Dec 28, 1998 | $0.037 |
Nov 25, 1998 | $0.037 |
Oct 26, 1998 | $0.037 |
Sep 25, 1998 | $0.037 |
Aug 25, 1998 | $0.037 |
Jul 27, 1998 | $0.037 |
Jun 25, 1998 | $0.037 |
May 26, 1998 | $0.037 |
Apr 27, 1998 | $0.037 |
Mar 25, 1998 | $0.037 |
Feb 25, 1998 | $0.037 |
Jan 26, 1998 | $0.037 |
Nov 25, 1997 | $0.037 |
Oct 27, 1997 | $0.037 |
Sep 25, 1997 | $0.037 |
Aug 25, 1997 | $0.037 |
Jul 25, 1997 | $0.037 |
Jun 25, 1997 | $0.037 |
May 27, 1997 | $0.037 |
Apr 25, 1997 | $0.037 |
Mar 25, 1997 | $0.037 |
Feb 25, 1997 | $0.037 |
Jan 27, 1997 | $0.037 |
Nov 25, 1996 | $0.037 |
Oct 25, 1996 | $0.037 |
Sep 25, 1996 | $0.037 |
Aug 26, 1996 | $0.037 |
Jul 25, 1996 | $0.037 |
Jun 25, 1996 | $0.038 |
May 28, 1996 | $0.039 |
Apr 25, 1996 | $0.039 |
Mar 25, 1996 | $0.039 |
Feb 26, 1996 | $0.039 |
Jan 25, 1996 | $0.039 |
Dec 26, 1995 | $0.039 |
Nov 27, 1995 | $0.040 |
Oct 25, 1995 | $0.040 |
Sep 25, 1995 | $0.040 |
Aug 25, 1995 | $0.040 |
Jul 25, 1995 | $0.040 |
Jun 26, 1995 | $0.040 |
May 25, 1995 | $0.040 |
Apr 25, 1995 | $0.040 |
Mar 27, 1995 | $0.040 |
Feb 27, 1995 | $0.040 |
Jan 25, 1995 | $0.040 |
Dec 27, 1994 | $0.040 |
Nov 25, 1994 | $0.040 |
Oct 25, 1994 | $0.043 |
Sep 26, 1994 | $0.043 |
Aug 25, 1994 | $0.043 |
Jul 25, 1994 | $0.043 |
Jun 27, 1994 | $0.043 |
May 25, 1994 | $0.043 |
Apr 25, 1994 | $0.043 |
Mar 25, 1994 | $0.043 |
Feb 25, 1994 | $0.046 |
Jan 25, 1994 | $0.046 |
Nov 26, 1993 | $0.046 |
Oct 25, 1993 | $0.046 |
Sep 27, 1993 | $0.046 |
Aug 25, 1993 | $0.046 |
Jul 26, 1993 | $0.046 |
Jun 25, 1993 | $0.046 |
May 25, 1993 | $0.049 |
Apr 26, 1993 | $0.049 |
Mar 25, 1993 | $0.049 |
Feb 25, 1993 | $0.049 |
Jan 25, 1993 | $0.049 |
Dec 28, 1992 | $0.049 |
Nov 25, 1992 | $0.049 |
Oct 26, 1992 | $0.049 |
Sep 25, 1992 | $0.049 |
Aug 25, 1992 | $0.049 |
Jul 27, 1992 | $0.049 |
Jun 25, 1992 | $0.049 |
May 26, 1992 | $0.049 |
Start Date
Tenure
Tenure Rank
Jun 30, 2007
13.52
13.5%
Mr. Salm is a Co-Head of Fixed Income, specializing in liquid markets and securitized strategies. In this role, he oversees investment strategies related to mortgage and securitized products, interest-rate and volatility derivatives, and money markets. In addition, he manages trading operations and Putnam's Fixed Income quantitative teams. He is a portfolio manager of core global, core plus, global government, fixed income global alpha, and dedicated mortgage strategies, as well as fixed income hedge funds. Mr. Salm joined Putnam in 1997 and has been in the investment industry since 1989. Previously at Putnam, he served as a Portfolio Manager responsible for mortgage strategies in fixed income portfolios. Prior to joining Putnam, Mr. Salm was a Mortgage Specialist at BlackRock Financal Management from 1996 to 1997, a Vice President and Trader at Nomura Securities from 1994 to 1996, a Vice President and Structurer at Nikko Securities from 1993 to 1994, and an Analyst at Fitch Investor Services from 1991 to 1992. Mr. Salm earned a B.S. from Cornell University.
Start Date
Tenure
Tenure Rank
Jul 27, 2011
9.44
9.4%
Mr. Kozlowski is a Portfolio Manager in the Fixed Income Structured Credit group. He is responsible for developing investment strategies within securitized sectors, including agency mortgage-backed securities (MBS); non-agency residential mortgage-backed securities (RMBS); commercial mortgage-backed securities (CMBS); and asset-backed securities. In addition, he is a Portfolio Manager of Putnam Income Fund and assists in the management of several institutional client portfolios. He joined Putnam in 2008 and has been in the investment industry since 1997. Prior to joining Putnam, Mr. Kozlowski held roles of increasing responsibility at Fidelity Investmentsincluding Portfolio Manager from 2008 to 2006; Research Analyst from 2006 to 2003; Trader from 2001 to 2003; Portfolio Analyst from 2000 to 2001; and Research Associate from 1997 to 2000. He earned a B.S. from Massachusetts Institute of Technology.
Start Date
Tenure
Tenure Rank
Feb 28, 2017
3.84
3.8%
Ms. Shanks is a Portfolio Manager in the Fixed Income group, specializing in investment-grade strategies. She joined Putnam in 2012 and has been in the investment industry since 1999. Previously at Putnam, Ms. Shanks was an Analyst in the Global Credit Research group, conducting fundamental analysis of high-yield and investment-grade corporate-bond issuers in the retail and services sector, and making buy/sell recommendations. Prior to joining Putnam, Ms. Shanks was a Managing Director, High Yield Research Analyst, at Barclays Capital from 2008 to 2012. Prior to that, Ms. Shanks was a Vice President, High Yield Research Analyst, from 2004 to 2008, and an Associate, Liability Management Group, from 1999 to 2004, at Lehman Brothers. Ms. Shanks earned a B.A. in Mathematics from Williams College.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 32.01 | 6.94 | 1.5 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...