Michael Salm - Putnam American Insider

PAMBX -- USA Fund  

USD 8.19  0.02  0.24%

Mr. Salm is a CoHead of Fixed Income, specializing in liquid markets and securitized strategies. In this role, he oversees investment strategies related to mortgage and securitized products, interestrate and volatility derivatives, and money markets. In addition, he manages trading operations and Putnams Fixed Income quantitative teams. He is a portfolio manager of core global, core plus, global government, fixed income global alpha, and dedicated mortgage strategies, as well as fixed income hedge funds. Mr. Salm joined Putnam in 1997 and was in the investment industry since 1989. Previously at Putnam, he served as a Portfolio Manager responsible for mortgage strategies in fixed income portfolios. Prior to joining Putnam, Mr. Salm was a Mortgage Specialist at BlackRock Financal Management from 1996 to 1997, a Vice President and Trader at Nomura Securities from 1994 to 1996, a Vice President and Structurer at Nikko Securities from 1993 to 1994, and an Analyst at Fitch Investor

Management Performance (%)

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Fund Summary

The investment seeks high current income with preservation of capital as its secondary objective. Putnam American is traded on NASDAQ Stock Exchange in USA.The fund is listed under Intermediate Government category and is part of Putnam family.

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