Norman P. Boucher

Portfolio Manager

Mr. Boucher is a Portfolio Manager in the Fixed Income group, specializing in high-yield products. He is a Portfolio Manager of Putnam High Yield Fund and Putnam Floating Rate Income Fund. Previously at Putnam, he was a Portfolio Manager in the U.S. High Yield group and an Analyst covering the automotive, aerospace, and technology sectors. Mr. Boucher managed European high-yield portfolios and the allocation of global high-yield portfolios from Putnam’s London office. He joined Putnam in 1998 and has been in the investment industry since 1985.

Products managed

Fact sheet Annual Semi annual Compare
Floating Rate Income Fund
Overall Morningstar RatingTM among 229 funds in the Bank Loan category.
10-year Morningstar RatingTM among 113 funds in the Bank Loan category.
High Yield Fund
Overall Morningstar RatingTM among 631 funds in the High Yield Bond category.
10-year Morningstar RatingTM among 356 funds in the High Yield Bond category.

Blog posts

Active investing may matter more than risk trade

11/13/2012

Improving fundamental conditions in the high-yield bond sector may make the ability to research sectors and individual issues more important


Comparing high yield and equities? Consider risk

9/21/2012

The high-yield sector may offer more attractive returns with potentially lower volatility than equities, based on a comparison of the


Gas, chemicals break new ground in high yield

8/22/2012

Fundamental changes in old industries, from gas to chemicals to telecommunications, are shaping the landscape of high-yield investment opportunities.