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PGGIX vs. DGFFX
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Performance

PGGIX vs. DGFFX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Putnam Global Income Trust (PGGIX) and Destinations Global Fixed Income Opportunities Fund (DGFFX). The values are adjusted to include any dividend payments, if applicable.

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PGGIX vs. DGFFX - Yearly Performance Comparison


2026 (YTD)202520242023202220212020201920182017
PGGIX
Putnam Global Income Trust
-0.97%6.27%-0.26%5.27%-15.05%-6.38%5.93%9.35%-2.36%5.30%
DGFFX
Destinations Global Fixed Income Opportunities Fund
0.68%5.84%8.04%7.82%-6.09%4.91%3.59%6.64%-0.35%3.57%

Returns By Period

In the year-to-date period, PGGIX achieves a -0.97% return, which is significantly lower than DGFFX's 0.68% return.


PGGIX

1D
0.40%
1M
-2.07%
YTD
-0.97%
6M
-0.57%
1Y
3.10%
3Y*
2.67%
5Y*
-2.00%
10Y*
0.69%

DGFFX

1D
0.22%
1M
-0.66%
YTD
0.68%
6M
1.32%
1Y
5.76%
3Y*
7.00%
5Y*
3.50%
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

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PGGIX vs. DGFFX - Expense Ratio Comparison

PGGIX has a 0.91% expense ratio, which is lower than DGFFX's 0.99% expense ratio.


Return for Risk

PGGIX vs. DGFFX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

PGGIX
PGGIX Risk / Return Rank: 3636
Overall Rank
PGGIX Sharpe Ratio Rank: 4242
Sharpe Ratio Rank
PGGIX Sortino Ratio Rank: 3939
Sortino Ratio Rank
PGGIX Omega Ratio Rank: 2929
Omega Ratio Rank
PGGIX Calmar Ratio Rank: 3333
Calmar Ratio Rank
PGGIX Martin Ratio Rank: 3636
Martin Ratio Rank

DGFFX
DGFFX Risk / Return Rank: 8484
Overall Rank
DGFFX Sharpe Ratio Rank: 9494
Sharpe Ratio Rank
DGFFX Sortino Ratio Rank: 9090
Sortino Ratio Rank
DGFFX Omega Ratio Rank: 9797
Omega Ratio Rank
DGFFX Calmar Ratio Rank: 6767
Calmar Ratio Rank
DGFFX Martin Ratio Rank: 7272
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

PGGIX vs. DGFFX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Putnam Global Income Trust (PGGIX) and Destinations Global Fixed Income Opportunities Fund (DGFFX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


PGGIXDGFFXDifference

Sharpe ratio

Return per unit of total volatility

0.96

2.22

-1.27

Sortino ratio

Return per unit of downside risk

1.36

2.69

-1.33

Omega ratio

Gain probability vs. loss probability

1.17

1.67

-0.50

Calmar ratio

Return relative to maximum drawdown

1.09

1.74

-0.65

Martin ratio

Return relative to average drawdown

4.41

7.61

-3.20

PGGIX vs. DGFFX - Sharpe Ratio Comparison

The current PGGIX Sharpe Ratio is 0.96, which is lower than the DGFFX Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of PGGIX and DGFFX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


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Sharpe Ratios by Period


PGGIXDGFFXDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

0.96

2.22

-1.27

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.39

1.53

-1.92

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

0.15

Sharpe Ratio (All Time)

Calculated using the full available price history

0.80

1.48

-0.68

Correlation

The correlation between PGGIX and DGFFX is 0.37, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.


Dividends

PGGIX vs. DGFFX - Dividend Comparison

PGGIX's dividend yield for the trailing twelve months is around 3.51%, less than DGFFX's 6.20% yield.


TTM20252024202320222021202020192018201720162015
PGGIX
Putnam Global Income Trust
3.51%3.86%2.79%2.17%2.06%1.72%1.65%2.04%2.42%3.17%3.29%2.44%
DGFFX
Destinations Global Fixed Income Opportunities Fund
6.20%5.52%6.81%4.95%3.37%4.14%4.22%4.18%3.79%2.94%0.00%0.00%

Drawdowns

PGGIX vs. DGFFX - Drawdown Comparison

The maximum PGGIX drawdown since its inception was -26.81%, which is greater than DGFFX's maximum drawdown of -12.69%. Use the drawdown chart below to compare losses from any high point for PGGIX and DGFFX.


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Drawdown Indicators


PGGIXDGFFXDifference

Max Drawdown

Largest peak-to-trough decline

-26.81%

-12.69%

-14.12%

Max Drawdown (1Y)

Largest decline over 1 year

-3.14%

-2.35%

-0.79%

Max Drawdown (5Y)

Largest decline over 5 years

-23.55%

-8.17%

-15.38%

Max Drawdown (10Y)

Largest decline over 10 years

-25.24%

Current Drawdown

Current decline from peak

-12.26%

-0.98%

-11.28%

Average Drawdown

Average peak-to-trough decline

-4.46%

-1.34%

-3.12%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.77%

0.77%

0.00%

Volatility

PGGIX vs. DGFFX - Volatility Comparison

Putnam Global Income Trust (PGGIX) has a higher volatility of 1.61% compared to Destinations Global Fixed Income Opportunities Fund (DGFFX) at 0.78%. This indicates that PGGIX's price experiences larger fluctuations and is considered to be riskier than DGFFX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


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Volatility by Period


PGGIXDGFFXDifference

Volatility (1M)

Calculated over the trailing 1-month period

1.61%

0.78%

+0.83%

Volatility (6M)

Calculated over the trailing 6-month period

2.29%

1.43%

+0.86%

Volatility (1Y)

Calculated over the trailing 1-year period

3.58%

3.31%

+0.27%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

5.11%

2.38%

+2.73%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

4.57%

2.60%

+1.97%