Michael V. Salm

Senior Vice President, Fixed Income

Michael V. Salm


Mr. Salm is Senior Vice President of Fixed Income and a member of Putnam's Operating Committee. He oversees the 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 is a portfolio manager of Putnam's Core, Core Global, Core Plus, Dedicated Mortgage, Fixed Income Global Alpha, Global Government, and Ultra Short Duration Income strategies, in addition to 37 Capital's Structured Credit strategies. Mr. Salm joined Putnam in 1997 and has been in the investment industry since 1989.

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Years in the industry: 35
Years at Putnam Investments: 27

  • BlackRock Financial Management, Mortgage Specialist, 1996–1997
  • Nomura Securities, Vice President, Trader, 1994–1996
  • Nikko Securities, Vice President, Structurer, 1993–1994
  • Fitch Investor Services, Analyst, 1991–1992
  • Security Pacific Bank and Bankers Trust , Analyst, 1989–1991


  • Cornell University, B.S., Applied Economics and Management