Why Putnam
Global Income
Trust?
- The global opportunity set is back: With drastically divergent growth and interest rates around the world, we believe there are ample opportunities for active managers
- Strong Lipper rankings: The fund (class A shares) outperformed 95% of its Lipper peers for the three-year period ended 12/31/11
- A history of strong performance: The fund has beaten its benchmark over the 3-, 5-, and 10-year periods ended 12/31/11 (class A shares before sales charge)
- A comprehensive investment process that combines top-down strategies in rates and currencies with bottom-up security selection driven by intensive fundamental research
The fund invests in sectors beyond the benchmark
(portfolio composition as of 12/31/11)
Annualized total return performance as of 12/31/11
| Class A shares inception 6/1/87 |
Before sales charge | After sales charge | Barclays Capital Global Aggregate Bond Index |
|---|---|---|---|
| 1 year | 2.41% |
-1.67% |
5.64% |
| 3 years | 16.51 |
14.94 |
6.04 |
| 5 years | 7.71 |
6.83 |
6.46 |
| 10 years | 7.96 |
7.52 |
7.16 |
| Life of fund | 7.32 |
7.14 |
— |
Total expense ratio: 1.14%
Current performance may be lower or higher than the quoted past performance, which cannot guarantee future results. Share price, principal value, and return will vary, and you may have a gain or a loss when you sell your shares. Performance of class A shares after sales charge assumes reinvestment of distributions and does not account for taxes. After-sales-charge returns reflect a maximum 4.00% load. For a portion of the periods, this fund had expense limitations, without which returns would have been lower. A short-term trading fee of 1% may apply to redemptions or exchanges from certain funds within the time period specified in the fund's prospectus. To obtain the most recent month-end performance, visit putnam.com.
The Barclays Capital Global Aggregate Bond Index is an unmanaged index of global investment-grade fixed-income securities. You cannot invest directly in an index.
Average effective duration provides a measure of a fund's interest-rate sensitivity. The longer a fund's duration, the more sensitive the fund is to shifts in interest rates.
Current yield is the annual rate of return earned from dividends or interest of an investment. Current yield is expressed as a percentage of the price of a security, fund share, or principal investment. The SEC Yield is a standardized annual yield based on the most recent 30 day period. It is calculated in accordance with current Securities and Exchange Commission regulations and is subject to change.
Managed by a tenured team averaging more than 20 years of experience
| Portfolio managers | experience |
|---|---|
| D. William Kohli | since 1987 |
| Michael V. Salm | since 1989 |
| Raman Srivastava, CFA | since 1997 |
| Michael J. Atkin | since 1988 |
About Putnam Global Income Trust
- Fact sheet (PDF)
- Prospectus (PDF)
- Annual report (PDF)
- Semiannual report (PDF)
- Quarterly Fund Manager Q&A (pdf)
- Multi-Sector fixed-income brochure (pdf)
Consider these risks before investing: International investing involves certain risks, such as currency fluctuations, economic instability, and political developments. Additional risks may be associated with emerging-market securities, including illiquidity and volatility. Lower-rated bonds may offer higher yields in return for more risk. Funds that invest in government securities are not guaranteed. Mortgage-backed securities are subject to prepayment risk. The fund invests in fewer issuers or concentrates its investments by region or sector, and involves more risk than a fund that invests more broadly. The fund’s policy of concentrating on a limited group of industries and the fund’s non-diversified status, which means the fund may invest in fewer issuers, can increase the fund’s vulnerability to common economic forces and may result in greater losses and volatility. The use of derivatives involves additional risks, such as the potential inability to terminate or sell derivatives positions and the potential failure of the other party to the instrument to meet its obligations. Funds that invest in bonds are subject to certain risks including interest-rate risk, credit risk, and inflation risk. As interest rates rise, the prices of bonds fall. Long-term bonds are more exposed to interest-rate risk than short-term bonds. Unlike bonds, bond funds have ongoing fees and expenses.
Investors should carefully consider the investment objectives, risks, charges, and expenses of a fund before investing. For a prospectus, or a summary prospectus if available, containing this and other information for any Putnam fund or product, contact your financial representative, call Putnam at 1-888-4-PUTNAM (1-888-478-8626), or click on the prospectus section to view or download a prospectus. Please read the prospectus carefully before investing.
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