PMOTX vs. MTGDX
Compare and contrast key facts about Putnam Mortgage Opportunities Fund (PMOTX) and Morgan Stanley Mortgage Securities Trust (MTGDX).
PMOTX is managed by Putnam. It was launched on Apr 6, 2015. MTGDX is managed by Morgan Stanley. It was launched on Jul 28, 1997.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PMOTX or MTGDX.
Correlation
The correlation between PMOTX and MTGDX is -0.00. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
PMOTX vs. MTGDX - Performance Comparison
Key characteristics
PMOTX:
3.77
MTGDX:
2.57
PMOTX:
6.43
MTGDX:
3.82
PMOTX:
2.04
MTGDX:
1.50
PMOTX:
8.99
MTGDX:
5.08
PMOTX:
26.08
MTGDX:
13.16
PMOTX:
0.42%
MTGDX:
0.92%
PMOTX:
2.94%
MTGDX:
4.71%
PMOTX:
-17.86%
MTGDX:
-12.97%
PMOTX:
0.00%
MTGDX:
-0.13%
Returns By Period
In the year-to-date period, PMOTX achieves a 1.89% return, which is significantly higher than MTGDX's 1.06% return.
PMOTX
1.89%
1.47%
4.34%
10.70%
2.94%
N/A
MTGDX
1.06%
1.19%
3.26%
11.96%
3.69%
4.14%
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PMOTX vs. MTGDX - Expense Ratio Comparison
PMOTX has a 0.47% expense ratio, which is lower than MTGDX's 0.72% expense ratio.
Risk-Adjusted Performance
PMOTX vs. MTGDX — Risk-Adjusted Performance Rank
PMOTX
MTGDX
PMOTX vs. MTGDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Putnam Mortgage Opportunities Fund (PMOTX) and Morgan Stanley Mortgage Securities Trust (MTGDX). 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.
Dividends
PMOTX vs. MTGDX - Dividend Comparison
PMOTX's dividend yield for the trailing twelve months is around 5.98%, less than MTGDX's 8.01% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PMOTX Putnam Mortgage Opportunities Fund | 5.98% | 6.64% | 8.15% | 5.59% | 6.73% | 3.64% | 6.83% | 5.94% | 0.68% | 2.91% | 0.00% | 0.00% |
MTGDX Morgan Stanley Mortgage Securities Trust | 8.01% | 8.30% | 6.83% | 6.30% | 3.47% | 3.83% | 3.94% | 4.13% | 4.69% | 4.06% | 5.05% | 7.26% |
Drawdowns
PMOTX vs. MTGDX - Drawdown Comparison
The maximum PMOTX drawdown since its inception was -17.86%, which is greater than MTGDX's maximum drawdown of -12.97%. Use the drawdown chart below to compare losses from any high point for PMOTX and MTGDX. For additional features, visit the drawdowns tool.
Volatility
PMOTX vs. MTGDX - Volatility Comparison
The current volatility for Putnam Mortgage Opportunities Fund (PMOTX) is 0.59%, while Morgan Stanley Mortgage Securities Trust (MTGDX) has a volatility of 1.03%. This indicates that PMOTX experiences smaller price fluctuations and is considered to be less risky than MTGDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.