Prospectus Supplement | January 11, 2022 |
Putnam Global Income Trust | |
Prospectus dated February 28, 2021 |
Paul Scanlon, who is currently a portfolio manager of the fund, will retire as a portfolio manager of the fund effective March 31, 2022.
Effective March 31, 2022, the sub-section Your fund’s management in the section Fund summary is replaced in its entirety with the following:
Your fund’s management
Investment advisor
Putnam Investment Management, LLC
Portfolio managers
Michael Salm, Chief Investment Officer, Fixed Income, portfolio manager of the fund since 2007
Michael Atkin, Head of Macro and Sovereign Credit, portfolio manager of the fund since 2007
Norman Boucher, Portfolio Manager, portfolio manager of the fund since 2022
Albert Chan, Head of Portfolio Construction, portfolio manager of the fund since 2020
Robert Davis, Portfolio Manager, portfolio manager of the fund since 2017
Sub-advisor
Putnam Investments Limited*
* Though the investment advisor has retained the services of Putnam Investments Limited (PIL), PIL does not currently manage any assets of the fund.
Effective March 31, 2022, the sub-section The fund’s investment manager – Portfolio managers in the section Who oversees and manages the fund? is replaced in its entirety with the following:
• Portfolio managers. The officers of Putnam Management identified below are jointly and primarily responsible for the day-to-day management of the fund’s portfolio.
Portfolio | Joined | ||
managers | fund | Employer | Positions over past five years |
Michael Salm | 2007 | Putnam Management | Chief Investment Officer, Fixed Income |
1997–Present | Previously, Co-Chief Investment Officer, | ||
Fixed Income, Co-Head of Fixed Income | |||
Michael Atkin | 2007 | Putnam Management | Head of Macro and Sovereign Credit |
1997–Present | Previously, Portfolio Manager | ||
Norman Boucher | 2022 | Putnam Management | Portfolio Manager |
1998–Present | |||
Albert Chan | 2020 | Putnam Management | Head of Portfolio Construction |
2002–Present | Previously, Portfolio Manager | ||
Robert Davis | 2017 | Putnam Management | Portfolio Manager |
1999–Present | Previously, Analyst |
The SAI provides information about these individuals’ compensation, other accounts managed by these individuals and these individuals’ ownership of securities in the fund.
328561 2/22 |
Statement of Additional Information Supplement | January 11, 2022 |
Putnam Global Income Trust | |
Statement of Additional Information dated February 28, 2021 |
Effective March 31, 2022, the sub-sections Other accounts managed and Ownership of securities in the PORTFOLIO MANAGERS section are supplemented to reflect that the fund’s portfolio managers are now Michael Salm, Michael Atkin, Norman Boucher, Albert Chan and Robert Davis. The sub-sections below are also supplemented solely with regard to Mr. Boucher as follows:
Other accounts managed
The following table shows the number and approximate assets of other investment accounts (or portions of investment accounts) that the fund's portfolio manager managed as of November 30, 2021. The other accounts may include accounts for which the individual was not designated as a portfolio manager. Unless noted, none of the other accounts pays a fee based on the account's performance.
Other accounts | |||||||
(including separate | |||||||
accounts, managed | |||||||
account programs and | |||||||
Other SEC-registered | Other accounts that pool | single-sponsor defined | |||||
Portfolio | open-end and closed-end | assets from more than | contribution plan | ||||
manager | funds | one client | offerings) | ||||
Number | Number | Number | |||||
of | of | of | |||||
accounts | Assets | accounts | Assets | accounts | Assets | ||
Norman Boucher | 10 | $2,464,600,000 | 8 | $487,000,000 | 9 | $1,746,400,000 |
Ownership of securities
The dollar range of shares of the fund owned by Mr. Boucher as of November 30, 2021, including investments by immediate family members and amounts invested through retirement and deferred compensation plans, was $0.
SAI Supplement – 01/22 |