Mr. Mahanti is a Portfolio Manager in the Fixed Income group. He specializes in agency residential mortgage-backed and asset-backed securities within the Structured Credit team. Mr. Mahanti is a Portfolio Manager of Putnam Core Bond Fund, Putnam Stable Value Fund and Putnam ESG Core Bond ETF. He is responsible for constructing portfolios, providing fiduciary oversight, and communicating investment team decisions on policy, strategy, and tactics to fixed income clients. Previously at Putnam, Mr. Mahanti was an Analyst in the Fixed Income group. He joined Putnam in 2012 and has been in the investment industry since 2000.
|Putnam ESG Core Bond ETF|
|Fact sheet||Annual||Semi annual|
|Core Bond Fund|
More from the Fixed Income team
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.
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.
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.
U.S. recession outlook as China reopens
We outline possible scenarios for inflation and recession in the year ahead and how global forces play roles.