Putnam is readying to launch the Putnam Income Opportunities Fund, a new blended fund, the firm disclosed in an SEC filing on June 25.

A Putnam spokeswoman said that the fund will be incubated, and that they have no plans to market the fund. The blended fund will invest in domestic and foreign large-cap stocks and bonds.

Putnam will offer A shares of the fund with a 5.25 percent load.

Jeffrey Knight, Robert Kea, Bruce MacDonald and Robert Schoen are slated to manage the fund.

Yee Haw
Putnam Income Opportunities Fund	Portfolio Allocation (%)
Global investment grade bonds	35-65%
Global high-yield bonds (junk bonds)	15-35%
Real estate investment trusts (REITs)	0-7%
U.S. and non-U.S. common stocks	15-35%
Source: SEC filing

 

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