Michael V. Salm

Chief Investment Officer, Fixed Income

Mr. Salm is Chief Investment Officer of Fixed Income and a member of Putnam's Operating Committee. He is responsible for the overall strategy and positioning of Putnam’s fixed-income portfolios. Mr. Salm specializes in investment strategies related to mortgage and structured credit products and interest-rate and volatility derivatives. He joined Putnam in 1997 and has been in the investment industry since 1989.

Mr. Salm is a portfolio manager of Putnam Core Bond Fund, Putnam Diversified Income Trust, Putnam Global Income Trust, Putnam Income Fund, Putnam Master Intermediate Income Trust, Putnam Mortgage Securities Fund, Putnam Premier Income Trust, Putnam Ultra Short Duration Income Fund, Putnam ESG Core Bond ETF, and 37 Capital's Structured Credit strategies. Previously at Putnam, he served as Co-Head of Fixed Income.

Mutual Funds

Fact sheet Annual Semi annual
Core Bond Fund
Overall Morningstar RatingTM among 426 funds in the Intermediate Core Bond category.
10-year Morningstar RatingTM among 275 funds in the Intermediate Core Bond category.
5-year Morningstar RatingTM among 386 funds in the Intermediate Core Bond category.
3-year Morningstar RatingTM among 426 funds in the Intermediate Core Bond category.
Diversified Income Trust
Global Income Trust
Overall Morningstar RatingTM among 175 funds in the Global Bond category.
10-year Morningstar RatingTM among 124 funds in the Global Bond category.
Income Fund
Mortgage Opportunities Fund
Overall Morningstar RatingTM among 281 funds in the Nontraditional Bond category.
3-year Morningstar RatingTM among 281 funds in the Nontraditional Bond category.
Mortgage Securities Fund
Ultra Short Duration Income Fund
Overall Morningstar RatingTM among 204 funds in the Ultrashort Bond category.
5-year Morningstar RatingTM among 182 funds in the Ultrashort Bond category.
3-year Morningstar RatingTM among 204 funds in the Ultrashort Bond category.

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