Michael V. Salm

Co-Head of Fixed Income

Mr. Salm is a Co-Head of Fixed Income. He specializes in mortgage and securitized products, interest-rate and volatility derivatives, and money markets. Mr. Salm is a portfolio manager of Putnam Diversified Income Trust, Putnam Global Income Trust, Putnam Fixed Income Absolute Return Fund, Putnam Income Fund, Putnam Master Intermediate Income Trust, Putnam Mortgage Securities Fund, Putnam Premier Income Trust, Putnam Ultra Short Duration Income Fund, and 37 Capital's Securitized Fixed Income strategy. In addition, he oversees Putnam's trading operations and fixed income quantitative teams. He joined Putnam in 1997 and has been in the investment industry since 1989.

Funds managed

Putnam Fixed Income Global Alpha Fund
Putnam Securitised Credit Fund
Putnam Ultra Short Duration Income Fund


Fixed-Income Outlook

Q2 2020

Analysis of global bond market sectors from the Co-Heads of Fixed Income.