PGBRX Fees and Costs — Putnam Global Income Trust, CL R
Data updated: 2026-09-25
The net expense ratio is 1.15%: a 0.52% management fee, a 0.50% 12b-1 fee plus 0.39% other expenses, less a 0.26% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $6K in broker commissions, 0.0026% of average net assets, and portfolio turnover was 241%.
PGBRX Fees and Expenses
Annual operating expenses and sales charges of PGBRX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.52% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.39% |
| Gross expense ratio | 1.41% |
| Fee waiver | −0.26% |
| Net expense ratio | 1.15% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
PGBRX Costs Over Time
On $10,000 invested in PGBRX, assuming 5% a year before costs, total costs come to $719 over 5 years, cutting the return by 1.21% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.15%) | $121 | $376 | $651 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $19 | $66 |
| Total costs | $121 | $396 | $719 |
| Value after costs | $10,379 | $11,181 | $12,044 |
| Impact on return, per year | 1.21% | 1.21% | 1.21% |
PGBRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0026%
- Total broker commissions: $6K
- Bought from dealers (principal trades, not a cost): $7.5B
- Portfolio turnover (prospectus): 241%
- Securities lending: none during the year
PGBRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Global Markets Inc. | $4K | 68.30% |
| J.P. Morgan Securities LLC | $2K | 31.45% |
| Goldman Sachs & Co. LLC | $10 | 0.18% |
| BofA Securities, Inc. | $4 | 0.08% |
PGBRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $2.4B | 32.57% |
| Morgan Stanley & Co. LLC | $1.1B | 15.77% |
| Wells Fargo Securities, LLC | $835.5M | 11.50% |
| Goldman Sachs & Co. LLC | $775.4M | 10.67% |
| Citigroup Global Markets Inc. | $622.3M | 8.56% |
| BofA Securities, Inc. | $572.2M | 7.87% |
| Mizuho Securities USA LLC | $565.0M | 7.77% |
| Barclays Capital, Inc. | $274.3M | 3.77% |
| BMO Capital Markets Corp. | $58.3M | 0.80% |
| BNP Paribas Securities Corp. | $51.4M | 0.71% |
Putnam Global Income Trust Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000118068 | CL R6 | 0.48% | none |
| C000118067 | CL R5 | 0.55% | none |
| C000015447 | CL Y | 0.65% | none |
| PGGIX | CL A | 0.90% | 4.00% |
| PGBRX | CL R | 1.15% | none |
| C000015446 | CL C | 1.65% | none |
| PGLBX | CL B | 1.68% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.