Robert L. Salvin
Head of Corporate and Tax-Exempt Credit
Mr. Salvin is Head of Corporate and Tax-Exempt Credit within Fixed Income. He is responsible for managing the corporate credit and municipal investment processes. In addition, Mr. Salvin is a portfolio manager of Putnam Convertible Securities Fund, Putnam Diversified Income Trust, Putnam Floating Rate Income Fund, Putnam High Yield Fund, Putnam Master Intermediate Income Trust, Putnam Premier Income Trust, and Putnam ESG High Yield ETF. Mr. Salvin is also responsible for covering the retail sector and portions of the non-cyclical market, as well as convertible securities. He joined Putnam in 2000 and has been in the investment industry since 1986.
ETFs |
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Putnam ESG High Yield ETF |
Mutual Funds |
Fact sheet | Annual | Semi annual |
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Convertible Securities Fund | |||
Diversified Income Trust | |||
Floating Rate Income Fund | |||
High Yield Fund |
Closed End Funds |
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Master Intermediate Income Trust | ||||
Premier Income Trust |
More from the Fixed Income team

Fed's quantitative tightening (QT) will face constraints
The Fed is pursuing QT while being careful to avoid market disruption. Compare scenarios for QT and markets in Putnam's Macro Report.

Currency views
Signs of falling inflation have helped risk assets recently, but the relief is likely temporary.

The debt ceiling is raised, but the debt problem persists
As inflation sticks around, it is important to think about how it is related to high government debt.

Contracting money supply poses risk to bonds
A contracting money supply paired with the Fed's quantitative tightening is adding bank sector stress on Treasury and MBS markets.