Robert L. Salvin

Co-Head of Corporate and Tax-exempt Credit

Mr. Salvin is Co-Head of Corporate and Tax-exempt Credit in the Fixed Income group. He is responsible for managing the corporate credit investment process. In addition, Mr. Salvin is a portfolio manager of Putnam Convertible Securities Fund, Putnam Floating Rate Income Fund, and Putnam High Yield Fund. He joined Putnam in 2000 and has been in the investment industry since 1986.

Products managed

Fact sheet Annual Semi annual
Convertible Securities Fund
Floating Rate Income Fund
High Yield Fund
Overall Morningstar RatingTM among 625 funds in the High Yield Bond category.
10-year Morningstar RatingTM among 357 funds in the High Yield Bond category.


Holding the middle ground with convertible securities


With characteristics of stocks and bonds, convertible securities can help diversify a portfolio. This study highlights Putnam's active approach to managing a convertibles portfolio.

Blog posts

Higher rates are unlikely to detour convertibles


A common misperception of the convertibles market is that the returns of these securities are more dependent on interest rates ...

Positive climate for convertible securities


Today's low corporate default rate combined with attractive credit spreads and equity valuations provide an attractive climate for convertible securities,

Part 2: Hold the middle ground


Dogged by lingering memories of the 2008–2009 bear market, many investors remain cautious about increasing their exposure to equities — ...