Norman P. Boucher

Portfolio Manager

Mr. Boucher is a Portfolio Manager in the Corporate and Tax-Exempt Credit group within Fixed Income. He is a Portfolio Manager of Putnam Fixed Income Absolute Return Fund, Putnam Floating Rate Income Fund, Putnam Global Income Trust, and Putnam High Yield Fund. Mr. Boucher is also responsible for covering cyclical sectors and portions of the non-cyclical market, including food/beverages and utilities. Previously at Putnam, Mr. Boucher served as a Portfolio Manager in the U.S. High Yield group and as an Analyst covering the automotive, aerospace, and technology sectors. Mr. Boucher also has managed European high-yield portfolios and the allocation of global high-yield portfolios from Putnam’s London office. He joined Putnam in 1998 and has been in the investment industry since 1985.

Funds managed

Putnam European High Yield Fund
Putnam Fixed Income Global Alpha Fund
Putnam Global High Yield Bond Fund

Blog posts

Active investing may matter more than risk trade


Improving fundamental conditions in the high-yield bond sector may make the ability to research sectors and individual issues more important

Comparing high yield and equities? Consider risk


The high-yield sector may offer more attractive returns with potentially lower volatility than equities, based on a comparison of the