PGM Stock Report - Putnam Invst Grd

The Putnam Investment Grade Bond Fund is a mutual fund that invests primarily in investment-grade bonds, which are bonds that are considered to have a relatively low risk of default. The fund seeks to provide a high level of current income while maintaining capital preservation.

As of its last market close, the PGM fund had net assets of approximately $3.4 billion USD and was trading at a net asset value of approximately $10.31 USD per share. The fund has a distribution yield of approximately 2.28% and an expense ratio of 0.46%.

Investing in the PGM fund carries risks, including interest rate risk, credit risk, and market risk. Additionally, the fund is subject to management risk, which is the risk that the investment decisions made by the fund's portfolio managers may not produce the desired results. Investors should carefully consider these risks before making any investment decisions.

Stock Sector: Financial Services: Closed-End Fund - Debt