Michael V. Salm

Co-Head of Fixed Income

Mr. Salm is Co-Head of Fixed Income at Putnam. He is also a Portfolio Manager of Putnam Absolute Return 100 Fund, Putnam Absolute Return 300 Fund, Putnam American Government Income Fund, Putnam Diversified Income Trust, Putnam Global Income Trust, Putnam Income Fund, Putnam Master Intermediate Income Trust, Putnam Premier Income Trust, Putnam Short Duration Income Fund, and Putnam U.S. Government Income Trust. Mr. Salm specializes in mortgage derivatives, interest-rate derivatives, and government securities. Mr. Salm joined Putnam in 1997 and has been in the investment industry since 1989.

Funds managed

Fact sheet Annual Semi annual
Absolute Return 100 Fund
Absolute Return 300 Fund
American Government Income Fund
overall Morningstar rating among 243 funds in the Intermediate Government category.
10-year Morningstar rating among 171 funds in the Intermediate Government category.
Diversified Income Trust
5-year Morningstar rating among 159 funds in the Nontraditional Bond category.
Global Income Trust
overall Morningstar rating among 308 funds in the World Bond category.
10-year Morningstar rating among 126 funds in the World Bond category.
Income Fund
overall Morningstar rating among 434 funds in the Intermediate-Term Bond category.
10-year Morningstar rating among 539 funds in the Intermediate-Term Bond category.
5-year Morningstar rating among 428 funds in the Intermediate-Term Bond category.
Short Duration Income Fund
U.S. Government Income Trust
overall Morningstar rating among 243 funds in the Intermediate Government category.
10-year Morningstar rating among 171 funds in the Intermediate Government category.
5-year Morningstar rating among 230 funds in the Intermediate Government category.

Closed End Funds

Master Intermediate Income Trust
Premier Income Trust

Whitepapers

Fixed-Income Outlook

17-Jan

Analysis of global bond market sectors from the Co-Heads of Fixed Income.