Putnam's investment process transforms sector research into a diversified portfolio of best ideas. Successful investing in today's markets requires a broad-based approach, the flexibility to exploit a range of sectors and investment opportunities, and a keen understanding of the complex global interrelationships that drive the markets. That's why Putnam has more than 70 fixed-income professionals focusing on key areas from global rates and credit to portfolio construction. Together, our team offers comprehensive coverage of every aspect of the fixed-income world, based not only on sector, but also on the broad sources of risk — and opportunities — most likely to drive returns. Fixed income approach