4 / 5 Stars
5 4 2 3 2
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
3 / 5 Stars
#13 in World Bond
U.S. News evaluated 98 World Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 1.00 percent over the past year, 3.44 percent over the past three years, 11.35 percent over the past five years, and 5.69 percent over the past decade.
|Trailing Returns||Updated 01.31.2014|
|Year to date||0.2%|
|3 Years (Annualized)||3.4%|
|5 Years (Annualized)||11.3%|
|10 Years (Annualized)||5.7%|
The investment seeks high current income; preservation of capital and long-term total return are secondary objectives, but only to the extent consistent with the objective of seeking high current income. The fund invests mainly in bonds and securitized debt instruments (such as mortgage-backed investments) that are obligations of companies and governments worldwide; that are investment-grade in quality; and that have intermediate-term to long-term maturities (three years or longer). It may also invest in bonds that are below investment-grade in quality (sometimes referred to as "junk bonds"). The fund is non-diversified.
Fees are High compared to funds in the same category.
Putnam Global Income Trust has an expense ratio of 1.10 percent.
Risk is Average compared to funds in the same category according to Morningstar.