Putnam Global Income Trust (PGGIX) belongs to the Global Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PGGIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PGGIX
PGGIX charges 0.91% annually. There are 55 mutual funds in the Global Bonds category with lower expense ratios, going as low as 0.06%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity International Bond Index Fund | 0.06% | — | Oct 2019 | PGGIX vs FBIIX | |
| Vanguard Total International Bond II Index Fund | 0.07% | — | Feb 2021 | PGGIX vs VTILX | |
| Vanguard Total International Bond Index Fund Admir... | 0.10% | 122.00B | May 2013 | PGGIX vs VTABX | |
| Vanguard Total International Bond II Index Fund In... | 0.11% | — | Feb 2021 | PGGIX vs VTIIX | |
| Vanguard Total International Bond Index Fund | 0.13% | — | May 2013 | PGGIX vs VTIBX |
Best Risk-Adjusted Alternatives to PGGIX
PGGIX has a PortfoliosLab risk / return rank of 10. There are 51 mutual funds in the Global Bonds category with higher risk-adjusted ranks, going as high as 98.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Destinations Global Fixed Income Opportunities Fun... | 98 | — | Mar 2017 | PGGIX vs DGFFX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 94 | — | Dec 2008 | PGGIX vs PRSNX | |
| Eaton Vance Global Bond Fund | 87 | — | Jun 2007 | PGGIX vs EAIIX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 84 | — | Jan 2008 | PGGIX vs DFSHX | |
| Payden Global Low Duration Fund | 82 | — | Sep 1996 | PGGIX vs PYGSX |
Top Performing PGGIX Alternatives (YTD)
PGGIX is at 0.53% YTD. There are 51 mutual funds in the Global Bonds category with higher YTD returns, going as high as 3.37%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance Global Bond Fund | 3.37% | — | Jun 2007 | PGGIX vs EAIIX | |
| Dunham International Opportunity Bond Fund | 3.27% | — | Oct 2013 | PGGIX vs DAIOX | |
| Destinations Global Fixed Income Opportunities Fun... | 2.80% | — | Mar 2017 | PGGIX vs DGFFX | |
| T. Rowe Price Global Multi-Sector Bond Fund | 2.69% | — | Dec 2008 | PGGIX vs PRSNX | |
| DFA Global Core Plus Fixed Income Portfolio | 2.10% | — | Jan 2018 | PGGIX vs DGCFX |
Lowest Volatility Alternatives to PGGIX
PGGIX has 3.52% 1-year volatility. There are 32 mutual funds in the Global Bonds category with lower 1-year volatility, going as low as 1.55%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Payden Global Low Duration Fund | 1.55% | — | Sep 1996 | PGGIX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | 1.59% | — | Jan 2008 | PGGIX vs DFSHX | |
| DFA Two Year Global Fixed Income Portfolio | 1.59% | — | Feb 1996 | PGGIX vs DFGFX | |
| DFA Five Year Global Fixed Income Portfolio | 1.90% | — | Nov 1990 | PGGIX vs DFGBX | |
| SA Global Fixed Income Fund | 1.97% | — | Jul 1999 | PGGIX vs SAXIX |
Lowest Drawdown Alternatives to PGGIX
PGGIX has a 1-year max drawdown of -3.14%. There are 32 mutual funds in the Global Bonds category with shallower 1-year drawdowns, going as shallow as -0.10%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| DFA Two Year Global Fixed Income Portfolio | -0.10% | — | Feb 1996 | PGGIX vs DFGFX | |
| Destinations Global Fixed Income Opportunities Fun... | -1.19% | — | Mar 2017 | PGGIX vs DGFFX | |
| Payden Global Low Duration Fund | -1.23% | — | Sep 1996 | PGGIX vs PYGSX | |
| DFA Selectively Hedged Global Fixed Income Portfol... | -1.28% | — | Jan 2008 | PGGIX vs DFSHX | |
| DFA Five Year Global Fixed Income Portfolio | -1.38% | — | Nov 1990 | PGGIX vs DFGBX |
Other Mutual Funds from Putnam
The 10 most viewed Putnam mutual funds shown here include PEYAX, PEQSX, PEIYX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Putnam Large Cap Value Fund | Large Cap Value Equities | 82 | 10.39% | — | Jun 1977 | PGGIX vs PEYAX | |
| Putnam Large Cap Value Fund Class R6 | Large Cap Value Equities | 83 | 10.54% | — | Jul 2012 | PGGIX vs PEQSX | |
| Putnam Large Cap Value Fund | Large Cap Value Equities | 83 | 10.51% | — | Jan 1998 | PGGIX vs PEIYX | |
| Putnam Growth Opportunities Fund | Large Cap Growth Equities | 15 | 4.96% | — | Oct 1995 | PGGIX vs POGAX | |
| Putnam Global Technology Fund | Technology Equities | 73 | 32.35% | — | Dec 2008 | PGGIX vs PGTYX | |
| Putnam Sustainable Leaders Fund | Large Cap Growth Equities | 20 | 3.24% | — | Aug 1990 | PGGIX vs PNOPX | |
| Putnam Multi-Cap Core Fund | Large Cap Blend Equities | 45 | 6.59% | — | Sep 2010 | PGGIX vs PMYYX | |
| Putnam Large Cap Growth Y | Large Cap Growth Equities | 16 | 5.09% | — | Aug 1999 | PGGIX vs PGOYX | |
| Putnam Ultra Short Duration Income Fund | Ultrashort Bond | 99 | 1.43% | — | Oct 2011 | PGGIX vs PSDYX | |
| Putnam Small Cap Growth Fund | Small Cap Growth Equities | 45 | 25.85% | — | Dec 1997 | PGGIX vs PNSAX |
Often Compared With PGGIX
Investors most often compare PGGIX with NUE, GOBSX, UDBPX. These 8 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Nucor Corporation | 91 | 37.37% | — | — | PGGIX vs NUE | ||
| BrandywineGLOBAL - Global Opportunities Bond Fund | Global Bonds | 8 | 1.86% | — | Oct 2006 | PGGIX vs GOBSX | |
| UBS Sustainable Development Bank Bond Fund | Global Bonds | 21 | 0.68% | — | Oct 2018 | PGGIX vs UDBPX | |
| Putnam Research Fund | Large Cap Blend Equities | 74 | 10.93% | — | Oct 1995 | PGGIX vs PNRAX | |
| T. Rowe Price International Bond Fund (USD Hedged) | Global Bonds | 55 | 1.50% | — | Sep 2017 | PGGIX vs TNBMX | |
| Templeton Global Bond Fund - Class R | Global Bonds | 10 | 1.61% | — | Feb 2009 | PGGIX vs FGBRX | |
| Templeton Global Bond Fund | Global Bonds | 11 | 1.71% | — | Sep 1986 | PGGIX vs TPINX | |
| Saturna Sustainable Bond Fund | Global Bonds | 37 | 1.70% | — | Mar 2015 | PGGIX vs SEBFX |
Compare PGGIX with Any Fund or Stock
Compare PGGIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PGGIX with funds that move differently
Putnam Global Income Trust alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PGGIX.
Explore PGGIX Diversifiers