Putnam Global Income Fund Manager Performance Evaluation

PGGIX Fund  USD 10.12  0.04  0.39%   
The fund holds a Beta of -0.0264, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Putnam Global are expected to decrease at a much lower rate. During the bear market, Putnam Global is likely to outperform the market.

Risk-Adjusted Performance

0 of 100

 
Weak
 
Strong
Very Weak
Over the last 90 days Putnam Global Income has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong forward indicators, Putnam Global is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...more
Expense Ratio Date28th of February 2023
Expense Ratio0.9300
  

Putnam Global Relative Risk vs. Return Landscape

If you would invest  1,033  in Putnam Global Income on September 14, 2024 and sell it today you would lose (21.00) from holding Putnam Global Income or give up 2.03% of portfolio value over 90 days. Putnam Global Income is currently producing negative expected returns and takes up 0.2454% volatility of returns over 90 trading days. Put another way, 2% of traded mutual funds are less volatile than Putnam, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
  Expected Return   
       Risk  
Assuming the 90 days horizon Putnam Global is expected to under-perform the market. But the company apears to be less risky and when comparing its historical volatility, the company is 2.99 times less risky than the market. the firm trades about -0.13 of its potential returns per unit of risk. The Dow Jones Industrial is currently generating roughly 0.12 of returns per unit of risk over similar time horizon.

Putnam Global Current Valuation

Fairly Valued
Today
10.12
Please note that Putnam Global's price fluctuation is very steady at this time. At this time, the fund appears to be fairly valued. Putnam Global Income holds a recent Real Value of $9.93 per share. The prevailing price of the fund is $10.12. We determine the value of Putnam Global Income from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Since Putnam Global is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Putnam Mutual Fund. However, Putnam Global's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value.
Historical Market  10.12 Real  9.93 Hype  10.12 Naive  10.14
The intrinsic value of Putnam Global's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Putnam Global's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
9.93
Real Value
10.18
Upside
Estimating the potential upside or downside of Putnam Global Income helps investors to forecast how Putnam mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Putnam Global more accurately as focusing exclusively on Putnam Global's fundamentals will not take into account other important factors:
Bollinger
Band Projection (param)
LowerMiddle BandUpper
9.9910.1110.24
Details
Hype
Prediction
LowEstimatedHigh
9.8710.1210.37
Details
Naive
Forecast
LowNext ValueHigh
9.8910.1410.38
Details

Putnam Global Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for Putnam Global's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Putnam Global Income, and traders can use it to determine the average amount a Putnam Global's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = -0.1295

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsPGGIX

Estimated Market Risk

 0.25
  actual daily
2
98% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.13
  actual daily
0
Most of other assets perform better
Based on monthly moving average Putnam Global is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Putnam Global by adding Putnam Global to a well-diversified portfolio.

Putnam Global Fundamentals Growth

Putnam Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Putnam Global, and Putnam Global fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Putnam Mutual Fund performance.

About Putnam Global Performance

Evaluating Putnam Global's performance through its fundamental ratios, provides valuable insights into its operational efficiency and profitability. For instance, if Putnam Global has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if Putnam Global has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements. Please also refer to our technical analysis and fundamental analysis pages.
The fund invests mainly in bonds and securitized debt instruments that are obligations of companies and governments worldwide that are investment-grade in quality and that have intermediate- to long-term maturities . It invests at least 80 percent of its net assets in investment-grade securities. The fund may also invest in bonds that are below investment-grade in quality. It is non-diversified.

Things to note about Putnam Global Income performance evaluation

Checking the ongoing alerts about Putnam Global for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Putnam Global Income help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
Putnam Global Income generated a negative expected return over the last 90 days
Putnam Global Income generated five year return of -2.0%
This fund maintains about 35.4% of its assets in bonds
Evaluating Putnam Global's performance can involve analyzing a variety of financial metrics and factors. Some of the key considerations to evaluate Putnam Global's mutual fund performance include:
  • Analyzing Putnam Global's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
  • Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Putnam Global's stock is overvalued or undervalued compared to its peers.
  • Examining Putnam Global's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
  • Evaluating Putnam Global's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Putnam Global's management team can help you assess the Mutual Fund's leadership.
  • Pay attention to analyst opinions and ratings of Putnam Global's mutual fund. These opinions can provide insight into Putnam Global's potential for growth and whether the stock is currently undervalued or overvalued.
It's essential to remember that evaluating Putnam Global's mutual fund performance is not an exact science, and many factors can impact Putnam Global's mutual fund market price. Therefore, it's also important to diversify your portfolio and not rely solely on one company or stock for your investments.

Other Information on Investing in Putnam Mutual Fund

Putnam Global financial ratios help investors to determine whether Putnam Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Putnam with respect to the benefits of owning Putnam Global security.
AI Portfolio Architect
Use AI to generate optimal portfolios and find profitable investment opportunities
Stocks Directory
Find actively traded stocks across global markets
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios