Jonathan M. Topper

Trader

Mr. Topper is a Trader in the Fixed Income Money Market group. He is a portfolio manager of Putnam Money Market Fund and Putnam Government Money Market Fund. Mr. Topper develops and implements investment strategies for portfolios managed under SEC Rule 2a-7. He has been in the investment industry since he joined Putnam in 1990.

Mutual Funds

Fact sheet Annual Semi annual Compare
Government Money Market Fund
Money Market Fund

More from the Fixed Income team

Sector views

Fixed income markets experienced widespread declines in the U.S. and globally in the third quarter of 2022, as inflation remained high and became more broad-based.

More »

The Fed walks a line between inflation and financial stability

Given the fragilities in financial markets, the Fed will likely move cautiously in monetary tightening to fight inflation.

More »

Will interest rates go down?

Our base case for our strategy remains that a recession will wipe out excess savings, and the relatively low interest-rate environment will return.

More »

Expect a pause, not a pivot, as savings fuel spending

In the coming months, the Fed will not likely pivot, but pause and wait with a high level of rates for convincing signs of disinflation.

More »