Robert L. Davis, CFA
Portfolio Manager
Mr. Davis is a Portfolio Manager on the Portfolio Construction team within Fixed Income, focusing on
developed and emerging market currencies and interest-rate markets. He is a Portfolio Manager of
Putnam Diversified Income Trust, Putnam Global Income Trust, Putnam Master Intermediate Income Trust, and Putnam Premier Income Trust. Mr. Davis is responsible for analyzing market and macroeconomic data, developing quantitative models, and recommending global macro and relativevalue positions.
Previously at Putnam, Mr. Davis served in various roles of increasing responsibility, including as an Analyst and a Portfolio Associate. He has been in the investment industry since he joined Putnam in 1999.
Closed End Funds |
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Master Intermediate Income Trust | ||||
Premier Income Trust |
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.

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.