Michael V. Salm

Co-Chief Investment Officer, Fixed Income

Mr. Salm is Co-Chief Investment Officer of Fixed Income and a member of Putnam's Operating Committee. He is responsible for the overall strategy and positioning of Putnam’s fixed-income portfolios as well as co-leading the Volatility Analysis team. 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 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 Structured Credit strategies. Previously at Putnam, Mr. Salm served as Co-Head of Fixed Income. 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.