# EDGAR Filing Document

**Accession Number:** 0000794614
**File Stem:** 0001133228-26-009645
**Filing Date:** 2026-6
**Character Count:** 260250
**Document Hash:** 620563f2cc50174140bdf8eefc056853
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001133228-26-009645.hdr.sgml**: 20260626

**ACCESSION NUMBER**: 0001133228-26-009645

**CONFORMED SUBMISSION TYPE**: N-CSRS

**PUBLIC DOCUMENT COUNT**: 30

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260626

**DATE AS OF CHANGE**: 20260626

**EFFECTIVENESS DATE**: 20260626

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PUTNAM GLOBAL INCOME TRUST
- **CENTRAL INDEX KEY:** 0000794614

**ORGANIZATION NAME:**
- **EIN:** 046549525
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** N-CSRS
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04524
- **FILM NUMBER:** 261123790

**BUSINESS ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110
- **BUSINESS PHONE:** 6172921000

**MAIL ADDRESS:**
- **STREET 1:** 100 FEDERAL STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02110

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PUTNAM GOVERNMENT INCOME GLOBAL TRUST
- **DATE OF NAME CHANGE:** 19870225

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PUTNAM GLOBAL GOVERNMENT INCOME TRUST
- **DATE OF NAME CHANGE:** 19870115

## Series and Classes Contracts Data

### PUTNAM GLOBAL INCOME TRUST (Series ID: S000005653)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000015446 | Class C Shares |  |
| C000015447 | Class Y Shares |  |
| C000015448 | Class A Shares | PGGIX           |
| C000015451 | Class R Shares | PGBRX           |
| C000118067 | Class R5       |  |
| C000118068 | Class R6       |  |

?xml version='1.0' encoding='ASCII'? 2026-05-2074200164900_PutnamGlobalIncomeTrust_ClassA_TSRSemiAnnual

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

**FORM N-CSR**

CERTIFIED SHAREHOLDER REPORT OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

Investment Company Act file number **811-04524**

 **Putnam Global Income Trust**

(Exact name of registrant as specified in charter)

**100 Federal Street, Boston, Massachusetts 02110**

(Address of principal executive offices) (Zip code)

Stephen Tate, Vice President

100 Federal Street

Boston, Massachusetts 02110

Copy to:

Bryan Chegwidden, Esq.

Ropes & Gray LLP

1211 Avenue of the Americas

New York, New York 10036

James E. Thomas, Esq.

Ropes & Gray LLP

800 Boylston Street

Boston, Massachusetts 02199

(Name and address of agent for service)

Registrant's telephone number, including area code: **(617) 292-1000**

Date of fiscal year end: **October 31**

Date of reporting period: **April 30, 2026**

ITEM 1. REPORT TO STOCKHOLDERS.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Report to Shareholders is filed herewith

---

| | |
|:---|:---|
| **Putnam Global Income Trust**  | ![image](img2199_202405220716489.jpg) |
| Class A [PGGIX] | ![image](img2199_202405220716489.jpg) |
| Semi-Annual Shareholder Report \| April 30, 2026  | ![image](img2199_202405220716489.jpg) |
| ![image](img2195_202408190904545.jpg) | ![image](img2195_202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Putnam Global Income Trust for the period November 1, 2025, to April 30, 2026.

You can find additional information about the Fund at https://www.franklintempleton.com/regulatory-fund-documents. You can also request this information by contacting us at (800) 225-1581.

**WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** | **Costs paid as a percentage of a** **$10,000 investment**<sup>\*</sup><sup>,</sup><sup>†</sup>  |
| Class A | $44 | 0.88% |

---

\* Reflects fee waivers and/or expense reimbursements, without which expenses would have been higher.

† Annualized.

**KEY FUND STATISTICS** (as of April 30, 2026)

---

| | |
|:---|:---|
| **Total Net Assets** | $215414043 |
| **Total Number of Portfolio Holdings (excludes derivatives, except purchased options, if any)** | 715 |
| **Portfolio Turnover Rate** | 138% |

---

**WHAT DID THE FUND INVEST IN?** (as of April 30, 2026)

**Portfolio Composition**<sup>\*</sup> **(% of Total Investments)**

![image](ts7547img003.jpg)

\* Does not include derivatives, except purchased options, if any.

---

| | |
|:---|:---|
| ![image](img11308_202405310907293.jpg) | **WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?** |
| ![image](img11308_202405310907293.jpg) | Additional information is available on https://www.franklintempleton.com/regulatory-fund-documents, including its: |
| ![image](img11308_202405310907293.jpg) | • prospectus • proxy voting information • financial information • holdings • tax information |

---

Putnam Global Income Trust PAGE 1 38916-STSA-0626

29.827.915.16.36.25.44.32.22.8 ------

---

| | |
|:---|:---|
| **Putnam Global Income Trust**  | ![image](img2199_202405220716489.jpg) |
| Class C [PGGLX] | ![image](img2199_202405220716489.jpg) |
| Semi-Annual Shareholder Report \| April 30, 2026  | ![image](img2199_202405220716489.jpg) |
| ![image](img2195_202408190904545.jpg) | ![image](img2195_202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Putnam Global Income Trust for the period November 1, 2025, to April 30, 2026.

You can find additional information about the Fund at https://www.franklintempleton.com/regulatory-fund-documents. You can also request this information by contacting us at (800) 225-1581.

**WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** | **Costs paid as a percentage of a** **$10,000 investment**<sup>\*</sup><sup>,</sup><sup>†</sup>  |
| Class C | $81 | 1.63% |

---

\* Reflects fee waivers and/or expense reimbursements, without which expenses would have been higher.

† Annualized.

**KEY FUND STATISTICS** (as of April 30, 2026)

---

| | |
|:---|:---|
| **Total Net Assets** | $215414043 |
| **Total Number of Portfolio Holdings (excludes derivatives, except purchased options, if any)** | 715 |
| **Portfolio Turnover Rate** | 138% |

---

**WHAT DID THE FUND INVEST IN?** (as of April 30, 2026)

**Portfolio Composition**<sup>\*</sup> **(% of Total Investments)**

![image](ts7548img003.jpg)

\* Does not include derivatives, except purchased options, if any.

---

| | |
|:---|:---|
| ![image](img11308_202405310907293.jpg) | **WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?** |
| ![image](img11308_202405310907293.jpg) | Additional information is available on https://www.franklintempleton.com/regulatory-fund-documents, including its: |
| ![image](img11308_202405310907293.jpg) | • prospectus • proxy voting information • financial information • holdings • tax information |

---

Putnam Global Income Trust PAGE 1 38916-STSC-0626

29.827.915.16.36.25.44.32.22.8 ------

---

| | |
|:---|:---|
| **Putnam Global Income Trust**  | ![image](img2199_202405220716489.jpg) |
| Class R [PGBRX] | ![image](img2199_202405220716489.jpg) |
| Semi-Annual Shareholder Report \| April 30, 2026  | ![image](img2199_202405220716489.jpg) |
| ![image](img2195_202408190904545.jpg) | ![image](img2195_202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Putnam Global Income Trust for the period November 1, 2025, to April 30, 2026.

You can find additional information about the Fund at https://www.franklintempleton.com/regulatory-fund-documents. You can also request this information by contacting us at (800) 225-1581.

**WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** | **Costs paid as a percentage of a** **$10,000 investment**<sup>\*</sup><sup>,</sup><sup>†</sup>  |
| Class R | $56 | 1.13% |

---

\* Reflects fee waivers and/or expense reimbursements, without which expenses would have been higher.

† Annualized.

**KEY FUND STATISTICS** (as of April 30, 2026)

---

| | |
|:---|:---|
| **Total Net Assets** | $215414043 |
| **Total Number of Portfolio Holdings (excludes derivatives, except purchased options, if any)** | 715 |
| **Portfolio Turnover Rate** | 138% |

---

**WHAT DID THE FUND INVEST IN?** (as of April 30, 2026)

**Portfolio Composition**<sup>\*</sup> **(% of Total Investments)**

![image](ts7549img003.jpg)

\* Does not include derivatives, except purchased options, if any.

---

| | |
|:---|:---|
| ![image](img11308_202405310907293.jpg) | **WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?** |
| ![image](img11308_202405310907293.jpg) | Additional information is available on https://www.franklintempleton.com/regulatory-fund-documents, including its: |
| ![image](img11308_202405310907293.jpg) | • prospectus • proxy voting information • financial information • holdings • tax information |

---

Putnam Global Income Trust PAGE 1 38916-STSR-0626

29.827.915.16.36.25.44.32.22.8 ------

---

| | |
|:---|:---|
| **Putnam Global Income Trust**  | ![image](img2199_202405220716489.jpg) |
| Class R5 [PGGDX] | ![image](img2199_202405220716489.jpg) |
| Semi-Annual Shareholder Report \| April 30, 2026  | ![image](img2199_202405220716489.jpg) |
| ![image](img2195_202408190904545.jpg) | ![image](img2195_202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Putnam Global Income Trust for the period November 1, 2025, to April 30, 2026.

You can find additional information about the Fund at https://www.franklintempleton.com/regulatory-fund-documents. You can also request this information by contacting us at (800) 225-1581.

**WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** | **Costs paid as a percentage of a** **$10,000 investment**<sup>\*</sup><sup>,</sup><sup>†</sup>  |
| Class R5 | $26 | 0.53% |

---

\* Reflects fee waivers and/or expense reimbursements, without which expenses would have been higher.

† Annualized.

**KEY FUND STATISTICS** (as of April 30, 2026)

---

| | |
|:---|:---|
| **Total Net Assets** | $215414043 |
| **Total Number of Portfolio Holdings (excludes derivatives, except purchased options, if any)** | 715 |
| **Portfolio Turnover Rate** | 138% |

---

**WHAT DID THE FUND INVEST IN?** (as of April 30, 2026)

**Portfolio Composition**<sup>\*</sup> **(% of Total Investments)**

![image](ts7550img003.jpg)

\* Does not include derivatives, except purchased options, if any.

---

| | |
|:---|:---|
| ![image](img11308_202405310907293.jpg) | **WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?** |
| ![image](img11308_202405310907293.jpg) | Additional information is available on https://www.franklintempleton.com/regulatory-fund-documents, including its: |
| ![image](img11308_202405310907293.jpg) | • prospectus • proxy voting information • financial information • holdings • tax information |

---

Putnam Global Income Trust PAGE 1 38916-STSR5-0626

29.827.915.16.36.25.44.32.22.8 ------

---

| | |
|:---|:---|
| **Putnam Global Income Trust**  | ![image](img2199_202405220716489.jpg) |
| Class R6 [PGGEX] | ![image](img2199_202405220716489.jpg) |
| Semi-Annual Shareholder Report \| April 30, 2026  | ![image](img2199_202405220716489.jpg) |
| ![image](img2195_202408190904545.jpg) | ![image](img2195_202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Putnam Global Income Trust for the period November 1, 2025, to April 30, 2026.

You can find additional information about the Fund at https://www.franklintempleton.com/regulatory-fund-documents. You can also request this information by contacting us at (800) 225-1581.

**WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** | **Costs paid as a percentage of a** **$10,000 investment**<sup>\*</sup><sup>,</sup><sup>†</sup>  |
| Class R6 | $24 | 0.48% |

---

\* Reflects fee waivers and/or expense reimbursements, without which expenses would have been higher.

† Annualized.

**KEY FUND STATISTICS** (as of April 30, 2026)

---

| | |
|:---|:---|
| **Total Net Assets** | $215414043 |
| **Total Number of Portfolio Holdings (excludes derivatives, except purchased options, if any)** | 715 |
| **Portfolio Turnover Rate** | 138% |

---

**WHAT DID THE FUND INVEST IN?** (as of April 30, 2026)

**Portfolio Composition**<sup>\*</sup> **(% of Total Investments)**

![image](ts7551img003.jpg)

\* Does not include derivatives, except purchased options, if any.

---

| | |
|:---|:---|
| ![image](img11308_202405310907293.jpg) | **WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?** |
| ![image](img11308_202405310907293.jpg) | Additional information is available on https://www.franklintempleton.com/regulatory-fund-documents, including its: |
| ![image](img11308_202405310907293.jpg) | • prospectus • proxy voting information • financial information • holdings • tax information |

---

Putnam Global Income Trust PAGE 1 38916-STSR6-0626

29.827.915.16.36.25.44.32.22.8 ------

---

| | |
|:---|:---|
| **Putnam Global Income Trust**  | ![image](img2199_202405220716489.jpg) |
| Class Y [PGGYX] | ![image](img2199_202405220716489.jpg) |
| Semi-Annual Shareholder Report \| April 30, 2026  | ![image](img2199_202405220716489.jpg) |
| ![image](img2195_202408190904545.jpg) | ![image](img2195_202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Putnam Global Income Trust for the period November 1, 2025, to April 30, 2026.

You can find additional information about the Fund at https://www.franklintempleton.com/regulatory-fund-documents. You can also request this information by contacting us at (800) 225-1581.

**WHAT WERE THE FUND COSTS FOR THE LAST SIX MONTHS?** (based on a hypothetical $10,000 investment)

---

| | | |
|:---|:---|:---|
| **Class Name** | **Costs of a $10,000** **investment** | **Costs paid as a percentage of a** **$10,000 investment**<sup>\*</sup><sup>,</sup><sup>†</sup>  |
| Class Y | $31 | 0.63% |

---

\* Reflects fee waivers and/or expense reimbursements, without which expenses would have been higher.

† Annualized.

**KEY FUND STATISTICS** (as of April 30, 2026)

---

| | |
|:---|:---|
| **Total Net Assets** | $215414043 |
| **Total Number of Portfolio Holdings (excludes derivatives, except purchased options, if any)** | 715 |
| **Portfolio Turnover Rate** | 138% |

---

**WHAT DID THE FUND INVEST IN?** (as of April 30, 2026)

**Portfolio Composition**<sup>\*</sup> **(% of Total Investments)**

![image](ts7552img003.jpg)

\* Does not include derivatives, except purchased options, if any.

---

| | |
|:---|:---|
| ![image](img11308_202405310907293.jpg) | **WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?** |
| ![image](img11308_202405310907293.jpg) | Additional information is available on https://www.franklintempleton.com/regulatory-fund-documents, including its: |
| ![image](img11308_202405310907293.jpg) | • prospectus • proxy voting information • financial information • holdings • tax information |

---

Putnam Global Income Trust PAGE 1 38916-STSY-0626

29.827.915.16.36.25.44.32.22.8 ------

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable

ITEM 2. CODE OF ETHICS.

Not applicable.

ITEM 3. AUDIT COMMITTEE FINANCIAL EXPERT.

Not applicable.

ITEM 4. PRINCIPAL ACCOUNTANT FEES AND SERVICES.

Not applicable.

ITEM 5. AUDIT COMMITTEE OF LISTED REGISTRANTS.

Not applicable.

ITEM 6. SCHEDULE OF INVESTMENTS.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Please see schedule of investments contained in the Financial Statements and Financial Highlights included under Item 7 of this Form N-CSR.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable.

ITEM 7. FINANCIAL STATEMENTS AND FINANCIAL HIGHLIGHTS FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.

#### Putnam

#### Global

#### Income

#### Trust

#### Financial

#### Statements

#### and

#### Other

#### Important

#### Information

#### Semi-Annual
\|

April

30,

2026

#### If

#### you

#### need

#### assistance

#### accessing

#### this

#### content,

#### please

#### reach

#### out

#### to

#### your

#### sales

#### representative

#### or

#### send

#### an

#### email

#### to

#### accessibility@franklintempleton.com

#### .

#### Table

#### of

#### Contents
franklintempleton.com

Financial

Statements

and

Other

Important

Information—Semiannual

Financial

Highlights

and

Schedule

of

Investments

#### 2
Financial

Statements

#### 38
Notes

to

Financial

Statements

#### 43
Changes

In

and

Disagreements

with

Accountants

#### 60
Results

of

Meeting(s)

of

Shareholders

Remuneration

Paid

to

Directors,

Officers

and

Others

Board

Approval

of

Management

and

Subadvisory

Agreements

Putnam

Global

Income

Trust

Financial

Highlights

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

#### Six

#### Months

#### Ended

#### April

#### 30,

#### 2026
(unaudited)

#### Year

#### Ended

#### October

#### 31,

#### 2025

#### 2024

#### 2023

#### 2022

#### 2021

#### Class

#### A

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

.....

$10.10

$10.10

$9.41

$9.47

$11.95

$12.45

Income

from

investment

operations

a

:

Net

investment

income

b

.............

0.17 0.36 0.37 0.33 0.26 0.24 Net

realized

and

unrealized

gains

(losses)

(0.12)

0.15 0.60 (0.19)

(2.54)

(0.54)

Total

from

investment

operations

........

0.05 0.51 0.97 0.14 (2.28)

(0.30)

Less

distributions

from:

Net

investment

income

..............

(0.16)

(0.51)

(0.28)

(0.19)

(0.06)

(0.20)

Tax

return

of

capital

................

—

—

—

(0.01)

(0.14)

—

Total

distributions

...................

(0.16)

(0.51)

(0.28)

(0.20)

(0.20)

(0.20)

Net

asset

value,

end

of

period

..........

$9.99

$10.10

$10.10

$9.41

$9.47

$11.95

Total

return

c

.......................

0.49%

5.24%

10.35%

1.45%

(19.23)%

(2.43)%

#### Ratios

#### to

#### average

#### net

#### assets

#### d
Expenses

before

waiver

and

payments

by

affiliates

..........................

1.12%

1.16%

1.24%

1.35%

1.26%

1.18%

Expenses

net

of

waiver

and

payments

by

affiliates

e

..........................

0.88%

0.90%

0.93%

0.93%

0.91%

0.88%

Net

investment

income

...............

3.40%

3.60%

3.69%

3.38%

2.38%

1.91%

#### Supplemental

#### data
Net

assets

,

end

of

period

(000's)

........

$69,496

$68,939

$75,726

$77,720

$78,619

$110,713

Portfolio

turnover

rate

................

138%

241%

693%

925%

989%

838%

a

The

amount

shown

for

a

share

outstanding

throughout

the

period

may

not

correlate

with

the

Statement

of

Operations

for

the

period

due

to

the

timing

of

sales

and

repurchases

of

the

Fund's

shares

in

relation

to

income

earned

and/or

fluctuating

fair

value

of

the

investments

of

the

Fund.

b

Based

on

average

daily

shares

outstanding.

c

Total

return

does

not

reflect

sales

commissions

or

contingent

deferred

sales

charges,

if

applicable,

and

is

not

annualized

for

periods

less

than

one

year.

d

Ratios

are

annualized

for

periods

less

than

one

year.

e

Benefit

of

expense

reduction

rounds

to

less

than

0.01%.

Putnam

Global

Income

Trust

Financial

Highlights

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

#### Six

#### Months

#### Ended

#### April

#### 30,

#### 2026
(unaudited)

#### Year

#### Ended

#### October

#### 31,

#### 2025

#### 2024

#### 2023

#### 2022

#### 2021

#### Class

#### C

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

.....

$10.05

$10.05

$9.37

$9.43

$11.89

$12.39

Income

from

investment

operations

a

:

Net

investment

income

b

.............

0.13 0.28 0.29 0.25 0.17 0.14 Net

realized

and

unrealized

gains

(losses)

(0.12)

0.16 0.59 (0.18)

(2.50)

(0.53)

Total

from

investment

operations

........

0.01 0.44 0.88 0.07 (2.33)

(0.39)

Less

distributions

from:

Net

investment

income

..............

(0.12)

(0.44)

(0.20)

(0.12)

(0.04)

(0.11)

Tax

return

of

capital

................

—

—

—

(0.01)

(0.09)

—

Total

distributions

...................

(0.12)

(0.44)

(0.20)

(0.13)

(0.13)

(0.11)

Net

asset

value,

end

of

period

..........

$9.94

$10.05

$10.05

$9.37

$9.43

$11.89

Total

return

c

.......................

0.11%

4.47%

9.47%

0.69%

(19.77)%

(3.19)%

#### Ratios

#### to

#### average

#### net

#### assets

#### d
Expenses

before

waiver

and

payments

by

affiliates

..........................

1.87%

1.91%

1.99%

2.10%

2.01%

1.93%

Expenses

net

of

waiver

and

payments

by

affiliates

e

..........................

1.63%

1.65%

1.68%

1.68%

1.66%

1.63%

Net

investment

income

...............

2.65%

2.85%

2.94%

2.54%

1.55%

1.14%

#### Supplemental

#### data
Net

assets

,

end

of

period

(000's)

........

$1,650

$1,525

$1,936

$1,552

$2,143

$3,833

Portfolio

turnover

rate

................

138%

241%

693%

925%

989%

838%

a

The

amount

shown

for

a

share

outstanding

throughout

the

period

may

not

correlate

with

the

Statement

of

Operations

for

the

period

due

to

the

timing

of

sales

and

repurchases

of

the

Fund's

shares

in

relation

to

income

earned

and/or

fluctuating

fair

value

of

the

investments

of

the

Fund.

b

Based

on

average

daily

shares

outstanding.

c

Total

return

does

not

reflect

sales

commissions

or

contingent

deferred

sales

charges,

if

applicable,

and

is

not

annualized

for

periods

less

than

one

year.

d

Ratios

are

annualized

for

periods

less

than

one

year.

e

Benefit

of

expense

reduction

rounds

to

less

than

0.01%.

Putnam

Global

Income

Trust

Financial

Highlights

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

#### Six

#### Months

#### Ended

#### April

#### 30,

#### 2026
(unaudited)

#### Year

#### Ended

#### October

#### 31,

#### 2025

#### 2024

#### 2023

#### 2022

#### 2021

#### Class

#### R

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

.....

$10.10

$10.10

$9.41

$9.47

$11.94

$12.45

Income

from

investment

operations

a

:

Net

investment

income

b

.............

0.16 0.34 0.34 0.31 0.24 0.21 Net

realized

and

unrealized

gains

(losses)

(0.13)

0.15 0.61 (0.19)

(2.54)

(0.55)

Total

from

investment

operations

........

0.03 0.49 0.95 0.12 (2.30)

(0.34)

Less

distributions

from:

Net

investment

income

..............

(0.15)

(0.49)

(0.26)

(0.17)

(0.05)

(0.17)

Tax

return

of

capital

................

—

—

—

(0.01)

(0.12)

—

Total

distributions

...................

(0.15)

(0.49)

(0.26)

(0.18)

(0.17)

(0.17)

Net

asset

value,

end

of

period

..........

$9.98

$10.10

$10.10

$9.41

$9.47

$11.94

Total

return

c

.......................

0.26%

4.98%

10.09%

1.20%

(19.35)%

(2.76)%

#### Ratios

#### to

#### average

#### net

#### assets

#### d
Expenses

before

waiver

and

payments

by

affiliates

..........................

1.37%

1.41%

1.49%

1.60%

1.51%

1.43%

Expenses

net

of

waiver

and

payments

by

affiliates

e

..........................

1.13%

1.15%

1.18%

1.18%

1.16%

1.13%

Net

investment

income

...............

3.15%

3.35%

3.44%

3.16%

2.18%

1.69%

#### Supplemental

#### data
Net

assets

,

end

of

period

(000's)

........

$1,022

$1,053

$1,221

$1,243

$1,460

$1,963

Portfolio

turnover

rate

................

138%

241%

693%

925%

989%

838%

a

The

amount

shown

for

a

share

outstanding

throughout

the

period

may

not

correlate

with

the

Statement

of

Operations

for

the

period

due

to

the

timing

of

sales

and

repurchases

of

the

Fund's

shares

in

relation

to

income

earned

and/or

fluctuating

fair

value

of

the

investments

of

the

Fund.

b

Based

on

average

daily

shares

outstanding.

c

Total

return

is

not

annualized

for

periods

less

than

one

year.

d

Ratios

are

annualized

for

periods

less

than

one

year.

e

Benefit

of

expense

reduction

rounds

to

less

than

0.01%.

Putnam

Global

Income

Trust

Financial

Highlights

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

#### Six

#### Months

#### Ended

#### April

#### 30,

#### 2026
(unaudited)

#### Year

#### Ended

#### October

#### 31,

#### 2025

#### 2024

#### 2023

#### 2022

#### 2021

#### Class

#### R5

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

.....

$10.10

$10.10

$9.41

$9.47

$11.94

$12.44

Income

from

investment

operations

a

:

Net

investment

income

b

.............

0.19 0.40 0.41 0.37 0.30 0.28 Net

realized

and

unrealized

gains

(losses)

(0.12)

0.15 0.60 (0.19)

(2.53)

(0.54)

Total

from

investment

operations

........

0.07 0.55 1.01 0.18 (2.23)

(0.26)

Less

distributions

from:

Net

investment

income

..............

(0.18)

(0.55)

(0.32)

(0.23)

(0.07)

(0.24)

Tax

return

of

capital

................

—

—

—

(0.01)

(0.17)

—

Total

distributions

...................

(0.18)

(0.55)

(0.32)

(0.24)

(0.24)

(0.24)

Net

asset

value,

end

of

period

..........

$9.99

$10.10

$10.10

$9.41

$9.47

$11.94

Total

return

c

.......................

0.67%

5.63%

10.75%

1.82%

(18.88)%

(2.12)%

#### Ratios

#### to

#### average

#### net

#### assets

#### d
Expenses

before

waiver

and

payments

by

affiliates

..........................

0.77%

0.81%

0.86%

0.97%

0.90%

0.85%

Expenses

net

of

waiver

and

payments

by

affiliates

e

..........................

0.53%

0.55%

0.55%

0.55%

0.55%

0.55%

Net

investment

income

...............

3.74%

3.96%

4.06%

3.82%

2.76%

2.25%

#### Supplemental

#### data
Net

assets

,

end

of

period

(000's)

........

$64

$55

$51

$58

$32

$44

Portfolio

turnover

rate

................

138%

241%

693%

925%

989%

838%

a

The

amount

shown

for

a

share

outstanding

throughout

the

period

may

not

correlate

with

the

Statement

of

Operations

for

the

period

due

to

the

timing

of

sales

and

repurchases

of

the

Fund's

shares

in

relation

to

income

earned

and/or

fluctuating

fair

value

of

the

investments

of

the

Fund.

b

Based

on

average

daily

shares

outstanding.

c

Total

return

is

not

annualized

for

periods

less

than

one

year.

d

Ratios

are

annualized

for

periods

less

than

one

year.

e

Benefit

of

expense

reduction

rounds

to

less

than

0.01%.

Putnam

Global

Income

Trust

Financial

Highlights

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

#### Six

#### Months

#### Ended

#### April

#### 30,

#### 2026
(unaudited)

#### Year

#### Ended

#### October

#### 31,

#### 2025

#### 2024

#### 2023

#### 2022

#### 2021

#### Class

#### R6

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

.....

$10.09

$10.10

$9.41

$9.47

$11.95

$12.45

Income

from

investment

operations

a

:

Net

investment

income

b

.............

0.19 0.40 0.41 0.38 0.31 0.29 Net

realized

and

unrealized

gains

(losses)

(0.12)

0.15 0.61 (0.19)

(2.53)

(0.54)

Total

from

investment

operations

........

0.07 0.55 1.02 0.19 (2.22)

(0.25)

Less

distributions

from:

Net

investment

income

..............

(0.18)

(0.56)

(0.33)

(0.24)

(0.08)

(0.25)

Tax

return

of

capital

................

—

—

—

(0.01)

(0.18)

—

Total

distributions

...................

(0.18)

(0.56)

(0.33)

(0.25)

(0.26)

(0.25)

Net

asset

value,

end

of

period

..........

$9.98

$10.09

$10.10

$9.41

$9.47

$11.95

Total

return

c

.......................

0.70%

5.61%

10.88%

1.93%

(18.88)%

(2.05)%

#### Ratios

#### to

#### average

#### net

#### assets

#### d
Expenses

before

waiver

and

payments

by

affiliates

..........................

0.71%

0.73%

0.79%

0.90%

0.83%

0.78%

Expenses

net

of

waiver

and

payments

by

affiliates

e

..........................

0.48%

0.48%

0.48%

0.48%

0.48%

0.48%

Net

investment

income

...............

3.81%

4.03%

4.14%

3.84%

2.80%

2.31%

#### Supplemental

#### data
Net

assets

,

end

of

period

(000's)

........

$14,126

$14,496

$17,012

$22,287

$20,822

$30,989

Portfolio

turnover

rate

................

138%

241%

693%

925%

989%

838%

a

The

amount

shown

for

a

share

outstanding

throughout

the

period

may

not

correlate

with

the

Statement

of

Operations

for

the

period

due

to

the

timing

of

sales

and

repurchases

of

the

Fund's

shares

in

relation

to

income

earned

and/or

fluctuating

fair

value

of

the

investments

of

the

Fund.

b

Based

on

average

daily

shares

outstanding.

c

Total

return

is

not

annualized

for

periods

less

than

one

year.

d

Ratios

are

annualized

for

periods

less

than

one

year.

e

Benefit

of

expense

reduction

rounds

to

less

than

0.01%.

Putnam

Global

Income

Trust

Financial

Highlights

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

#### Six

#### Months

#### Ended

#### April

#### 30,

#### 2026
(unaudited)

#### Year

#### Ended

#### October

#### 31,

#### 2025

#### 2024

#### 2023

#### 2022

#### 2021

#### Class

#### Y

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

.....

$10.10

$10.10

$9.41

$9.47

$11.94

$12.44

Income

from

investment

operations

a

:

Net

investment

income

b

.............

0.18 0.39 0.40 0.36 0.28 0.27 Net

realized

and

unrealized

gains

(losses)

(0.12)

0.15 0.59 (0.19)

(2.52)

(0.53)

Total

from

investment

operations

........

0.06 0.54 0.99 0.17 (2.24)

(0.26)

Less

distributions

from:

Net

investment

income

..............

(0.17)

(0.54)

(0.30)

(0.22)

(0.07)

(0.24)

Tax

return

of

capital

................

—

—

—

(0.01)

(0.16)

—

Total

distributions

...................

(0.17)

(0.54)

(0.30)

(0.23)

(0.23)

(0.24)

Net

asset

value,

end

of

period

..........

$9.99

$10.10

$10.10

$9.41

$9.47

$11.94

Total

return

c

.......................

0.62%

5.52%

10.62%

1.70%

(18.98)%

(2.19)%

#### Ratios

#### to

#### average

#### net

#### assets

#### d
Expenses

before

waiver

and

payments

by

affiliates

..........................

0.87%

0.91%

0.99%

1.10%

1.01%

0.93%

Expenses

net

of

waiver

and

payments

by

affiliates

e

..........................

0.63%

0.65%

0.68%

0.68%

0.66%

0.63%

Net

investment

income

...............

3.65%

3.85%

3.93%

3.64%

2.59%

2.17%

#### Supplemental

#### data
Net

assets

,

end

of

period

(000's)

........

$129,056

$127,144

$119,721

$56,728

$44,507

$88,836

Portfolio

turnover

rate

................

138%

241%

693%

925%

989%

838%

a

The

amount

shown

for

a

share

outstanding

throughout

the

period

may

not

correlate

with

the

Statement

of

Operations

for

the

period

due

to

the

timing

of

sales

and

repurchases

of

the

Fund's

shares

in

relation

to

income

earned

and/or

fluctuating

fair

value

of

the

investments

of

the

Fund.

b

Based

on

average

daily

shares

outstanding.

c

Total

return

is

not

annualized

for

periods

less

than

one

year.

d

Ratios

are

annualized

for

periods

less

than

one

year.

e

Benefit

of

expense

reduction

rounds

to

less

than

0.01%.

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited),

April

30,

2026

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

a

#### Country

#### Shares
a

#### Value
a

a

#### a
a

#### Management

#### Investment

#### Companies

#### 2.5%

#### Capital

#### Markets

#### 2.5%
a

Franklin

Ultra

Short

Bond

ETF

..........................

United

States

217,238

$

5,435,295

#### Total

#### Management

#### Investment

#### Companies

#### (Cost

#### $

#### 5,401,724

####)
...................

#### 5,435,295

#### Principal

#### Amount

#### \*

#### Corporate

#### Bonds

#### 33.6%

#### Aerospace

#### &

#### Defense

#### 1.2%
b

BAE

Systems

plc

,

Senior

Bond

,

144A,

5.3 %

,

3/26/34

.........

United

Kingdom

685,000

699,629

Boeing

Co.

(The)

,

Senior

Bond

,

2.95 %

,

2/01/30

.........................

United

States

24,000

22,687

Senior

Bond

,

6.125 %

,

2/15/33

........................

United

States

36,000

38,502

Senior

Bond

,

3.6 %

,

5/01/34

..........................

United

States

97,000

87,212

Senior

Bond

,

3.25 %

,

2/01/35

.........................

United

States

45,000

38,950

Senior

Bond

,

3.5 %

,

3/01/39

..........................

United

States

85,000

68,646

Senior

Bond

,

6.875 %

,

3/15/39

........................

United

States

110,000

121,973

Senior

Bond

,

3.375 %

,

6/15/46

........................

United

States

62,000

42,771

Senior

Bond

,

3.9 %

,

5/01/49

..........................

United

States

188,000

138,240

Senior

Bond

,

6.858 %

,

5/01/54

........................

United

States

139,000

154,507

Senior

Bond

,

3.95 %

,

8/01/59

.........................

United

States

165,000

114,694

Senior

Note

,

2.7 %

,

2/01/27

..........................

United

States

152,000

150,259

Senior

Note

,

6.259 %

,

5/01/27

........................

United

States

3,000

3,051

Senior

Note

,

6.298 %

,

5/01/29

........................

United

States

5,000

5,245

b

Honeywell

Aerospace,

Inc.

,

Senior

Bond

,

144A,

4.95 %

,

3/16/36

....................

United

States

165,000

163,190

Senior

Bond

,

144A,

5.732 %

,

3/16/56

...................

United

States

90,000

88,582

Senior

Bond

,

144A,

5.852 %

,

3/16/66

...................

United

States

60,000

59,103

Senior

Note

,

144A,

4.6 %

,

3/16/33

.....................

United

States

80,000

79,017

Howmet

Aerospace,

Inc.

,

Senior

Bond

,

4.75 %

,

4/15/36

.........................

United

States

35,000

34,013

Senior

Bond

,

5.95 %

,

2/01/37

.........................

United

States

287,000

305,460

Senior

Note

,

%

,

1/15/29

...........................

United

States

174,000

167,841

2,583,572

#### Automobiles

#### 0.4%
b

Hyundai

Capital

America

,

Senior

Bond

,

144A,

6.375 %

,

4/08/30

...................

United

States

50,000

52,556

Senior

Note

,

144A,

6.5 %

,

1/16/29

.....................

United

States

200,000

208,942

Senior

Note

,

144A,

5.35 %

,

3/19/29

....................

United

States

497,000

506,053

Senior

Note

,

144A,

5.4 %

,

1/08/31

.....................

United

States

85,000

86,690

854,241

#### Banks

#### 4.3%
Banco

Santander

SA

,

Senior

Non-Preferred

Bond

,

4.379 %

,

4/12/28

.........................................

Spain

200,000

199,510

Bank

of

America

Corp.

,

Senior

Bond

,

5.511%

to

1/23/35,

FRN

thereafter

,

1/24/36

...

United

States

98,000

100,269

Senior

Note

,

4.948%

to

7/21/27,

FRN

thereafter

,

7/22/28

....

United

States

368,000

370,235

Senior

Note

,

5.162%

to

1/23/30,

FRN

thereafter

,

1/24/31

....

United

States

97,000

98,826

Sub.

Bond

,

5.425%

to

8/14/34,

FRN

thereafter

,

8/15/35

.....

United

States

210,000

210,808

Sub.

Bond

,

3.846%

to

3/07/32,

FRN

thereafter

,

3/08/37

.....

United

States

597,000

554,770

Bank

of

Nova

Scotia

(The)

,

Junior

Sub.

Bond

,

7.35%

to

4/26/30,

FRN

thereafter

,

4/27/85

.............................

Canada

340,000

352,148

b

Banque

Federative

du

Credit

Mutuel

SA

,

Senior

Preferred

Note

,

144A,

4.541 %

,

1/15/31

..............................

France

200,000

197,724

Barclays

plc

,

Senior

Note

,

5.367%

to

2/24/30,

FRN

thereafter

,

2/25/31

.........................................

United

Kingdom

250,000

254,538

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

#### a
a

#### Corporate

#### Bonds
(continued)

#### Banks
(continued)

b

BNP

Paribas

SA

,

Sub.

Bond

,

144A,

4.375 %

,

5/12/26

.........

France

400,000

$

400,000

b

BPCE

SA

,

Senior

Non-Preferred

Bond

,

144A,

3.5 %

,

10/23/27

..

France

250,000

246,612

b

CaixaBank

SA

,

Senior

Non-Preferred

Note

,

144A,

4.634%

to

7/02/28,

FRN

thereafter

,

7/03/29

.................................

Spain

295,000

295,324

Senior

Non-Preferred

Note

,

144A,

5.673%

to

3/14/29,

FRN

thereafter

,

3/15/30

.................................

Spain

200,000

205,170

Citigroup,

Inc.

,

c

Junior

Sub.

Bond

,

6.625%

to

2/14/31,

FRN

thereafter

,

Perpetual

.......................................

United

States

190,000

192,441

c

GG

,

Junior

Sub.

Bond

,

6.875%

to

8/14/30,

FRN

thereafter

,

Perpetual

.......................................

United

States

416,000

422,636

Senior

Note

,

4.503%

to

9/10/30,

FRN

thereafter

,

9/11/31

....

United

States

485,000

479,690

Sub.

Bond

,

6.174%

to

5/24/33,

FRN

thereafter

,

5/25/34

.....

United

States

60,000

62,529

b

Commonwealth

Bank

of

Australia

,

Sub.

Bond

,

144A,

5.837 %

,

3/13/34

.........................................

Australia

400,000

414,542

Fifth

Third

Bancorp

,

Senior

Note

,

4.895%

to

9/05/29,

FRN

thereafter

,

9/06/30

.................................

United

States

225,000

225,888

First-Citizens

Bank

&

Trust

Co.

,

Sub.

Bond

,

6.125 %

,

3/09/28

...

United

States

276,000

282,844

ING

Groep

NV

,

Senior

Note

,

6.083%

to

9/10/26,

FRN

thereafter

,

9/11/27

.........................................

Netherlands

275,000

276,517

JPMorgan

Chase

&

Co.

,

Senior

Bond

,

5.502%

to

1/23/35,

FRN

thereafter

,

1/24/36

...

United

States

133,000

136,244

Senior

Note

,

6.07%

to

10/21/26,

FRN

thereafter

,

10/22/27

...

United

States

1,080,000

1,089,081

Senior

Note

,

5.14%

to

1/23/30,

FRN

thereafter

,

1/24/31

.....

United

States

337,000

343,062

Sub.

Bond

,

5.717%

to

9/13/32,

FRN

thereafter

,

9/14/33

.....

United

States

121,000

125,588

Sub.

Bond

,

5.576%

to

7/22/35,

FRN

thereafter

,

7/23/36

.....

United

States

95,000

96,424

Mitsubishi

UFJ

Financial

Group,

Inc.

,

Senior

Note

,

5.159%

to

4/23/30,

FRN

thereafter

,

4/24/31

......................

Japan

535,000

542,688

NatWest

Group

plc

,

Senior

Note

,

1.642%

to

6/13/26,

FRN

thereafter

,

6/14/27

.................................

United

Kingdom

301,000

299,959

PNC

Financial

Services

Group,

Inc.

(The)

,

Senior

Bond

,

5.373%

to

7/20/35,

FRN

thereafter

,

7/21/36

.....................

United

States

65,000

65,351

d

Truist

Bank

,

Sub.

Bond

,

FRN

,

4.632 %

,

(5-year

CMT

T-Note

+

1.15 %),

9/17/29

...................................

United

States

250,000

248,445

Truist

Financial

Corp.

,

Senior

Bond

,

5.711%

to

1/23/34,

FRN

thereafter

,

1/24/35

.................................

United

States

180,000

185,295

US

Bancorp

,

Sub.

Bond

,

2.491%

to

11/02/31,

FRN

thereafter

,

11/03/36

........................................

United

States

294,000

255,586

Wells

Fargo

&

Co.

,

Senior

Note

,

5.574%

to

7/24/28,

FRN

thereafter

,

7/25/29

....

United

States

220,000

224,874

Sub.

Bond

,

4.3 %

,

7/22/27

...........................

United

States

200,000

199,793

9,655,411

#### Beverages

#### 0.1%
Keurig

Dr.

Pepper,

Inc.

,

Senior

Bond

,

5.3 %

,

3/15/34

.........

United

States

105,000

104,796

#### Biotechnology

#### 0.2%
AbbVie,

Inc.

,

Senior

Bond

,

5.05 %

,

3/15/34

.........................

United

States

63,000

63,897

Senior

Bond

,

4.75 %

,

3/15/36

.........................

United

States

40,000

39,129

Senior

Note

,

4.4 %

,

3/15/33

..........................

United

States

125,000

122,748

Amgen,

Inc.

,

Senior

Bond

,

5.65 %

,

3/02/53

.........................

United

States

93,000

89,491

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

#### a
a

#### Corporate

#### Bonds
(continued)

#### Biotechnology
(continued)

Amgen,

Inc.,

(continued)

Senior

Note

,

5.25 %

,

3/02/30

.........................

United

States

185,000

$

189,718

504,983

#### Broadline

#### Retail

#### 0.2%
Amazon.com,

Inc.

,

Senior

Bond

,

4.875 %

,

3/13/36

........................

United

States

149,000

146,872

Senior

Bond

,

5.8 %

,

3/13/56

..........................

United

States

20,000

19,699

Senior

Bond

,

6.05 %

,

3/13/76

.........................

United

States

130,000

128,192

Senior

Note

,

4.55 %

,

3/13/33

.........................

United

States

100,000

98,831

393,594

#### Building

#### Products

#### 0.0%

#### †
Carlisle

Cos.,

Inc.

,

Senior

Bond

,

5.25 %

,

9/15/35

............

United

States

95,000

95,514

#### Capital

#### Markets

#### 1.8%
Blackstone

Private

Credit

Fund

,

Senior

Note

,

3.25 %

,

3/15/27

..

United

States

169,000

166,284

Goldman

Sachs

Group,

Inc.

(The)

,

c

U

,

Junior

Sub.

Bond

,

3.65%

to

8/09/26,

FRN

thereafter

,

Perpetual

.......................................

United

States

57,000

56,855

Senior

Bond

,

5.065%

to

1/20/36,

FRN

thereafter

,

1/21/37

...

United

States

85,000

83,131

Senior

Note

,

5.094%

to

4/19/33,

FRN

thereafter

,

4/20/34

....

United

States

70,000

69,855

Sub.

Bond

,

5.95 %

,

1/15/27

..........................

United

States

172,000

174,067

Intercontinental

Exchange,

Inc.

,

Senior

Note

,

4.35 %

,

6/15/29

...

United

States

200,000

199,668

Jefferies

Financial

Group,

Inc.

,

Senior

Note

,

4.5 %

,

9/15/26

....

United

States

300,000

300,194

LPL

Holdings,

Inc.

,

Senior

Note

,

6.75 %

,

11/17/28

........................

United

States

128,000

134,029

Senior

Note

,

5.2 %

,

3/15/30

..........................

United

States

218,000

220,185

Morgan

Stanley

,

Senior

Bond

,

5.073%

to

1/29/36,

FRN

thereafter

,

1/30/37

...

United

States

130,000

127,249

Senior

Bond

,

5.9%

to

3/12/46,

FRN

thereafter

,

3/13/47

.....

United

States

130,000

130,316

Senior

Note

,

5.123%

to

1/31/28,

FRN

thereafter

,

2/01/29

....

United

States

733,000

740,681

Senior

Note

,

4.994%

to

4/11/28,

FRN

thereafter

,

4/12/29

....

United

States

267,000

269,305

Senior

Note

,

5.23%

to

1/14/30,

FRN

thereafter

,

1/15/31

.....

United

States

285,000

289,797

Senior

Note

,

4.493%

to

1/15/31,

FRN

thereafter

,

1/16/32

....

United

States

130,000

127,945

Senior

Note

,

4.708%

to

3/11/31,

FRN

thereafter

,

3/12/32

....

United

States

190,000

188,576

Sub.

Bond

,

5.948%

to

1/18/33,

FRN

thereafter

,

1/19/38

.....

United

States

30,000

30,917

b

MSCI,

Inc.

,

Senior

Bond

,

144A,

3.625 %

,

9/01/30

............

United

States

451,000

427,041

Nasdaq,

Inc.

,

Senior

Bond

,

5.55 %

,

2/15/34

................

United

States

30,000

31,001

3,767,096

#### Chemicals

#### 0.1%
FMC

Corp.

,

Sub.

Bond

,

8.45%

to

10/31/30,

FRN

thereafter

,

11/01/55

........................................

United

States

155,000

102,829

#### Commercial

#### Services

#### &

#### Supplies

#### 0.6%
Republic

Services,

Inc.

,

Senior

Note

,

%

,

11/15/29

..........

United

States

378,000

386,010

Waste

Connections,

Inc.

,

Senior

Bond

,

%

,

3/01/34

...........................

United

States

463,000

466,608

Senior

Bond

,

4.8 %

,

7/15/36

..........................

United

States

155,000

151,793

Waste

Management,

Inc.

,

Senior

Note

,

4.875 %

,

2/15/29

......

United

States

147,000

149,302

1,153,713

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

#### a
a

#### Corporate

#### Bonds
(continued)

#### Communications

#### Equipment

#### 0.2%
Motorola

Solutions,

Inc.

,

Senior

Bond

,

2.3 %

,

11/15/30

.........................

United

States

52,000

$

46,995

Senior

Bond

,

5.4 %

,

4/15/34

..........................

United

States

215,000

217,939

Senior

Note

,

4.85 %

,

8/15/30

.........................

United

States

59,000

59,494

324,428

#### Consumer

#### Finance

#### 1.4%
AerCap

Ireland

Capital

DAC

/

AerCap

Global

Aviation

Trust

,

Senior

Bond

,

3.3 %

,

1/30/32

..........................

Ireland

660,000

603,419

Senior

Note

,

4.125 %

,

2/28/29

........................

Ireland

150,000

148,178

Ally

Financial,

Inc.

,

Senior

Bond

,

%

,

11/01/31

.............

United

States

162,000

181,011

American

Express

Co.

,

Senior

Note

,

5.098%

to

2/15/27,

FRN

thereafter

,

2/16/28

.................................

United

States

311,000

312,867

b

Avolon

Holdings

Funding

Ltd.

,

Senior

Note

,

144A,

5.75 %

,

11/15/29

...................

Ireland

270,000

276,756

Senior

Note

,

144A,

4.9 %

,

10/10/30

....................

Ireland

295,000

293,568

Capital

One

Financial

Corp.

,

Senior

Note

,

1.878%

to

11/01/26,

FRN

thereafter

,

11/02/27

..

United

States

104,000

102,593

Senior

Note

,

4.493%

to

9/10/30,

FRN

thereafter

,

9/11/31

....

United

States

165,000

162,387

Ford

Motor

Credit

Co.

LLC

,

Senior

Note

,

5.8 %

,

3/05/27

.......

United

States

200,000

201,449

General

Motors

Financial

Co.,

Inc.

,

Senior

Bond

,

5.45 %

,

9/06/34

.........................

United

States

105,000

105,006

Senior

Note

,

4.2 %

,

10/27/28

.........................

United

States

70,000

69,441

Senior

Note

,

5.8 %

,

1/07/29

..........................

United

States

175,000

180,098

Senior

Note

,

4.9 %

,

10/06/29

.........................

United

States

66,000

66,440

b

Macquarie

Airfinance

Holdings

Ltd.

,

Senior

Note

,

144A,

5.15 %

,

3/17/30

....................

United

Kingdom

159,000

158,429

Senior

Note

,

144A,

6.5 %

,

3/26/31

.....................

United

Kingdom

180,000

188,212

3,049,854

#### Consumer

#### Staples

#### Distribution

#### &

#### Retail

#### 0.3%
b

7-Eleven,

Inc.

,

Senior

Bond

,

144A,

1.8 %

,

2/10/31

.....................

United

States

54,000

47,059

Senior

Note

,

144A,

1.3 %

,

2/10/28

.....................

United

States

483,000

457,287

b

Alimentation

Couche-Tard,

Inc.

,

Senior

Bond

,

144A,

3.55 %

,

7/26/27

.........................................

Canada

256,000

253,362

757,708

#### Containers

#### &

#### Packaging

#### 0.3%
AptarGroup,

Inc.

,

Senior

Note

,

4.75 %

,

3/30/31

.............

United

States

130,000

129,125

Berry

Global,

Inc.

,

Senior

Secured

Note

,

1.65 %

,

1/15/27

..................

United

States

292,000

286,476

Senior

Secured

Note

,

5.5 %

,

4/15/28

...................

United

States

25,000

25,471

WestRock

MWV

LLC

,

Senior

Bond

,

8.2 %

,

1/15/30

...........

United

States

155,000

173,627

614,699

#### Diversified

#### REITs

#### 0.5%
VICI

Properties

LP

,

Senior

Bond

,

5.75 %

,

4/01/34

.........................

United

States

257,000

261,047

Senior

Note

,

4.75 %

,

2/15/28

.........................

United

States

165,000

165,287

b

VICI

Properties

LP

/

VICI

Note

Co.,

Inc.

,

Senior

Note

,

144A,

3.75 %

,

2/15/27

....................

United

States

62,000

61,570

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

#### a
a

#### Corporate

#### Bonds
(continued)

#### Diversified

#### REITs
(continued)

b

VICI

Properties

LP

/

VICI

Note

Co.,

Inc.,

(continued)

Senior

Note

,

144A,

3.875 %

,

2/15/29

...................

United

States

510,000

$

496,887

984,791

#### Diversified

#### Telecommunication

#### Services

#### 0.9%
AT&T,

Inc.

,

Senior

Bond

,

2.55 %

,

12/01/33

........................

United

States

9,000

7,612

Senior

Bond

,

5.125 %

,

4/30/36

........................

United

States

110,000

108,238

Senior

Bond

,

6.2 %

,

10/30/56

.........................

United

States

90,000

89,216

Senior

Note

,

4.1 %

,

2/15/28

..........................

United

States

95,000

94,662

b

Cipher

Compute

LLC

,

Senior

Secured

Note

,

144A,

7.125 %

,

11/15/30

........................................

United

States

490,000

508,502

Comcast

Corp.

,

Senior

Bond

,

2.35 %

,

1/15/27

..............

United

States

368,000

363,740

b

RD

Michigan

Property

Owner

I

LLC

,

Senior

Secured

Bond

,

144A,

7.5 %

,

3/30/45

....................................

United

States

305,000

305,092

Sprint

Capital

Corp.

,

Senior

Bond

,

6.875 %

,

11/15/28

.........

United

States

217,000

229,150

b

SV

RNO

Property

Owner

LLC

,

Senior

Secured

Note

,

144A,

5.875 %

,

3/01/31

...................................

United

States

155,000

152,179

Verizon

Communications,

Inc.

,

Senior

Bond

,

5.25 %

,

4/02/35

.........................

United

States

58,000

58,010

Senior

Bond

,

5.875 %

,

11/30/55

.......................

United

States

80,000

77,368

Senior

Note

,

4.75 %

,

1/15/33

.........................

United

States

116,000

114,505

2,108,274

#### Electric

#### Utilities

#### 2.9%
American

Electric

Power

Co.,

Inc.

,

C

,

Junior

Sub.

Bond

,

5.8%

to

3/14/31,

FRN

thereafter

,

3/15/56

United

States

285,000

283,592

D

,

Junior

Sub.

Bond

,

6.05%

to

3/14/36,

FRN

thereafter

,

3/15/56

.........................................

United

States

95,000

94,743

Senior

Bond

,

5.625 %

,

3/01/33

........................

United

States

98,000

101,388

DTE

Electric

Co.

,

Senior

Bond

,

5.25 %

,

5/15/35

.........................

United

States

165,000

167,404

A

,

Senior

Bond

,

4.85 %

,

3/01/36

.......................

United

States

125,000

122,270

Duke

Energy

Corp.

,

Senior

Bond

,

3.15 %

,

8/15/27

.........................

United

States

368,000

363,200

Senior

Bond

,

5.8 %

,

6/15/54

..........................

United

States

63,000

60,313

Senior

Note

,

4.85 %

,

1/05/29

.........................

United

States

26,000

26,259

b

Enel

Finance

International

NV

,

Senior

Bond

,

144A,

7.5 %

,

10/14/32

....................

Italy

410,000

463,166

Senior

Note

,

144A,

4.375 %

,

9/30/30

...................

Italy

235,000

231,222

Eversource

Energy

,

Senior

Note

,

5.45 %

,

3/01/28

............

United

States

49,000

49,748

Exelon

Corp.

,

Senior

Bond

,

5.625 %

,

6/15/35

........................

United

States

126,000

129,293

Senior

Note

,

5.15 %

,

3/15/29

.........................

United

States

383,000

390,207

FirstEnergy

Transmission

LLC

,

Senior

Note

,

4.55 %

,

1/15/30

...

United

States

155,000

154,917

Georgia

Power

Co.

,

Senior

Bond

,

4.95 %

,

5/17/33

.........................

United

States

121,000

121,906

Senior

Bond

,

5.25 %

,

3/15/34

.........................

United

States

275,000

280,326

IPALCO

Enterprises,

Inc.

,

Senior

Secured

Note

,

4.25 %

,

5/01/30

United

States

315,000

304,309

NextEra

Energy

Capital

Holdings,

Inc.

,

Senior

Bond

,

3.55 %

,

5/01/27

.........................

United

States

368,000

365,521

Senior

Bond

,

5.9 %

,

3/15/55

..........................

United

States

40,000

39,221

Northern

States

Power

Co.

,

Senior

Bond

,

5.05 %

,

5/15/35

.....

United

States

180,000

181,381

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

#### a
a

#### Corporate

#### Bonds
(continued)

#### Electric

#### Utilities
(continued)

Pacific

Gas

and

Electric

Co.

,

Senior

Bond

,

5.9 %

,

6/15/32

..........................

United

States

117,000

$

121,580

Senior

Bond

,

5.2 %

,

5/01/36

..........................

United

States

20,000

19,489

Senior

Bond

,

4.95 %

,

7/01/50

.........................

United

States

90,000

74,800

Senior

Bond

,

6.75 %

,

1/15/53

.........................

United

States

170,000

177,639

Senior

Note

,

5.55 %

,

5/15/29

.........................

United

States

324,000

331,397

Southern

Co.

(The)

,

Senior

Bond

,

5.7 %

,

3/15/34

..........................

United

States

167,000

173,220

Senior

Note

,

5.5 %

,

3/15/29

..........................

United

States

26,000

26,738

Virginia

Electric

and

Power

Co.

,

Senior

Bond

,

5.05 %

,

8/15/34

.........................

United

States

100,000

100,205

Senior

Bond

,

4.95 %

,

3/15/36

.........................

United

States

240,000

234,068

C

,

Senior

Bond

,

4.9 %

,

9/15/35

.......................

United

States

230,000

225,104

b

Vistra

Operations

Co.

LLC

,

Senior

Bond

,

144A,

%

,

4/15/34

......................

United

States

368,000

380,027

Senior

Bond

,

144A,

5.25 %

,

10/15/35

...................

United

States

85,000

82,538

Senior

Note

,

144A,

3.7 %

,

1/30/27

.....................

United

States

224,000

222,918

Senior

Secured

Bond

,

144A,

4.3 %

,

7/15/29

..............

United

States

184,000

180,623

Xcel

Energy,

Inc.

,

Senior

Bond

,

5.6 %

,

4/15/35

..............

United

States

190,000

193,583

6,474,315

#### Electrical

#### Equipment

#### 0.4%
Eaton

Corp.

,

Senior

Bond

,

4.8 %

,

3/06/36

.................

United

States

200,000

196,971

b

Vertiv

Group

Corp.

,

Senior

Secured

Note

,

144A,

4.125 %

,

11/15/28

........................................

United

States

475,000

469,601

Vertiv

Holdings

Co.

,

Senior

Bond

,

4.85 %

,

3/15/36

.........................

United

States

219,000

213,274

Senior

Bond

,

5.8 %

,

3/15/56

..........................

United

States

50,000

48,525

928,371

#### Electronic

#### Equipment,

#### Instruments

#### &

#### Components

#### 0.1%
Amphenol

Corp.

,

Senior

Note

,

4.4 %

,

2/15/33

...............

United

States

240,000

234,693

#### Entertainment

#### 0.3%
b

Netflix,

Inc.

,

Senior

Bond

,

Reg

S,

3.875 %

,

11/15/29

.................

United

States

435,000

EUR

521,632

Senior

Bond

,

144A,

5.375 %

,

11/15/29

..................

United

States

20,000

20,554

542,186

#### Financial

#### Services

#### 0.3%
Corebridge

Financial,

Inc.

,

Senior

Note

,

3.85 %

,

4/05/29

.......

United

States

149,000

145,906

b

Petronas

Capital

Ltd.

,

Senior

Note

,

144A,

4.95 %

,

1/03/31

.....

Malaysia

380,000

389,247

535,153

#### Food

#### Products

#### 1.0%
JBS

NV

/

JBS

USA

Foods

Group

Holdings,

Inc.

/

JBS

USA

Food

Co.

Holdings

,

b

Senior

Bond

,

144A,

5.625 %

,

3/10/37

...................

United

States

45,000

44,946

b

Senior

Bond

,

144A,

6.4 %

,

5/10/57

.....................

United

States

45,000

44,310

Senior

Note

,

%

,

2/02/29

...........................

United

States

192,000

184,523

Senior

Note

,

6.75 %

,

3/15/34

.........................

United

States

20,000

21,748

Senior

Note

,

5.95 %

,

4/20/35

.........................

United

States

45,000

46,632

Kellanova

,

Senior

Bond

,

4.5 %

,

4/01/46

..........................

United

States

32,000

27,365

B

,

Senior

Bond

,

7.45 %

,

4/01/31

.......................

United

States

47,000

52,941

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

#### a
a

#### Corporate

#### Bonds
(continued)

#### Food

#### Products
(continued)

Kraft

Heinz

Foods

Co.

,

Senior

Bond

,

6.875 %

,

1/26/39

........................

United

States

65,000

$

70,814

Senior

Bond

,

4.625 %

,

10/01/39

.......................

United

States

65,000

57,474

Senior

Bond

,

%

,

6/04/42

...........................

United

States

260,000

230,013

b

Mars,

Inc.

,

Senior

Bond

,

144A,

5.65 %

,

5/01/45

....................

United

States

125,000

123,096

Senior

Bond

,

144A,

5.7 %

,

5/01/55

.....................

United

States

240,000

233,691

Senior

Bond

,

144A,

5.8 %

,

5/01/65

.....................

United

States

65,000

63,779

Senior

Note

,

144A,

4.6 %

,

3/01/28

.....................

United

States

575,000

578,577

Senior

Note

,

144A,

%

,

3/01/32

......................

United

States

35,000

35,515

Senior

Note

,

144A,

5.2 %

,

3/01/35

.....................

United

States

205,000

206,900

Pilgrim's

Pride

Corp.

,

Senior

Note

,

3.5 %

,

3/01/32

...........

United

States

85,000

77,689

2,100,013

#### Ground

#### Transportation

#### 0.8%
b

Ashtead

Capital,

Inc.

,

Senior

Bond

,

144A,

4.375 %

,

8/15/27

....

United

Kingdom

435,000

432,539

Burlington

Northern

Santa

Fe

LLC

,

Senior

Bond

,

5.55 %

,

3/15/56

United

States

115,000

111,334

b

Penske

Truck

Leasing

Co.

LP

/

PTL

Finance

Corp.

,

Senior

Bond

,

144A,

3.4 %

,

11/15/26

....................

United

States

93,000

92,514

Senior

Note

,

144A,

4.4 %

,

7/01/27

.....................

United

States

395,000

394,325

b

SMBC

Aviation

Capital

Finance

DAC

,

Senior

Note

,

144A,

5.3 %

,

4/03/29

.....................

Ireland

485,000

492,097

Senior

Note

,

144A,

5.1 %

,

4/01/30

.....................

Ireland

200,000

201,695

1,724,504

#### Health

#### Care

#### Equipment

#### &

#### Supplies

#### 0.2%
GE

HealthCare

Technologies,

Inc.

,

Senior

Note

,

5.65 %

,

11/15/27

United

States

190,000

193,492

b

Medline

Borrower

LP

,

Senior

Secured

Note

,

144A,

3.875 %

,

4/01/29

.........................................

United

States

275,000

267,317

460,809

#### Health

#### Care

#### Providers

#### &

#### Services

#### 0.6%
CVS

Health

Corp.

,

Junior

Sub.

Bond

,

7%

to

3/09/30,

FRN

thereafter

,

3/10/55

...

United

States

220,000

228,401

Senior

Bond

,

1.875 %

,

2/28/31

........................

United

States

85,000

74,552

Senior

Bond

,

4.78 %

,

3/25/38

.........................

United

States

127,000

117,752

HCA,

Inc.

,

Senior

Bond

,

5.6 %

,

4/01/34

..........................

United

States

200,000

205,070

Senior

Bond

,

%

,

4/01/54

...........................

United

States

263,000

253,794

Senior

Note

,

3.625 %

,

3/15/32

........................

United

States

59,000

55,089

Humana,

Inc.

,

Senior

Note

,

5.75 %

,

3/01/28

................

United

States

180,000

183,563

Icon

Investments

Six

DAC

,

Senior

Secured

Note

,

5.809 %

,

5/08/27

.........................................

United

States

215,000

216,692

1,334,913

#### Hotels,

#### Restaurants

#### &

#### Leisure

#### 1.0%
Airbnb,

Inc.

,

Senior

Bond

,

5.25 %

,

3/16/36

.........................

United

States

50,000

49,884

Senior

Note

,

4.65 %

,

3/16/31

.........................

United

States

95,000

94,867

b

Carnival

Corp.

,

Senior

Note

,

144A,

5.125 %

,

5/01/29

...................

United

States

295,000

294,269

Senior

Note

,

144A,

5.75 %

,

3/15/30

....................

United

States

298,000

302,483

Senior

Note

,

144A,

5.75 %

,

8/01/32

....................

United

States

275,000

276,726

Senior

Secured

Note

,

144A,

%

,

8/01/28

................

United

States

687,000

671,179

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

#### a
a

#### Corporate

#### Bonds
(continued)

#### Hotels,

#### Restaurants

#### &

#### Leisure
(continued)

Hyatt

Hotels

Corp.

,

Senior

Note

,

5.25 %

,

6/30/29

.........................

United

States

185,000

$

187,947

Senior

Note

,

5.375 %

,

12/15/31

.......................

United

States

120,000

122,345

Marriott

International,

Inc.

,

Senior

Note

,

4.5 %

,

5/01/33

........

United

States

135,000

130,888

2,130,588

#### Household

#### Durables

#### 0.2%
DR

Horton,

Inc.

,

Senior

Bond

,

%

,

10/15/34

...............

United

States

70,000

69,334

Toll

Brothers

Finance

Corp.

,

Senior

Bond

,

4.35 %

,

2/15/28

.........................

United

States

111,000

110,608

Senior

Bond

,

3.8 %

,

11/01/29

.........................

United

States

425,000

414,226

594,168

#### Independent

#### Power

#### and

#### Renewable

#### Electricity

#### Producers

#### 0.6%
b

AES

Andes

SA

,

Senior

Note

,

144A,

6.25 %

,

3/14/32

..........

Chile

200,000

207,352

b

Alexander

Funding

Trust

II

,

Senior

Secured

Note

,

144A,

7.467 %

,

7/31/28

.........................................

United

States

240,000

252,630

Constellation

Energy

Generation

LLC

,

Senior

Bond

,

6.125 %

,

1/15/34

........................

United

States

99,000

106,120

Senior

Bond

,

6.5 %

,

10/01/53

.........................

United

States

120,000

127,555

Senior

Bond

,

5.75 %

,

3/15/54

.........................

United

States

184,000

179,867

Senior

Note

,

5.6 %

,

3/01/28

..........................

United

States

342,000

349,009

Senior

Note

,

4.4 %

,

1/15/31

..........................

United

States

95,000

94,035

Southern

Power

Co.

,

B

,

Senior

Bond

,

4.9 %

,

10/01/35

.......................

United

States

65,000

62,985

A

,

Senior

Note

,

4.25 %

,

10/01/30

......................

United

States

35,000

34,595

1,414,148

#### Insurance

#### 1.2%
Arthur

J

Gallagher

&

Co.

,

Senior

Note

,

4.85 %

,

12/15/29

......

United

States

125,000

126,242

b

Athene

Global

Funding

,

Secured

Note

,

144A,

1.985 %

,

8/19/28

..................

United

States

385,000

360,334

Secured

Note

,

144A,

5.526 %

,

7/11/31

..................

United

States

320,000

321,790

Secured

Note

,

144A,

5.322 %

,

11/13/31

.................

United

States

222,000

221,306

Athene

Holding

Ltd.

,

Senior

Bond

,

6.25 %

,

4/01/54

...........

United

States

108,000

99,382

Brown

&

Brown,

Inc.

,

Senior

Note

,

4.9 %

,

6/23/30

..........................

United

States

246,000

245,764

Senior

Note

,

5.25 %

,

6/23/32

.........................

United

States

89,000

88,854

CNA

Financial

Corp.

,

Senior

Bond

,

5.125 %

,

2/15/34

.........

United

States

162,000

160,744

b

CNO

Global

Funding

,

Secured

Note

,

144A,

4.95 %

,

9/09/29

....

United

States

54,000

54,414

b

Massachusetts

Mutual

Life

Insurance

Co.

,

Sub.

Bond

,

144A,

3.729 %

,

10/15/70

..................................

United

States

387,000

244,748

b

MetLife

Capital

Trust

IV

,

Junior

Sub.

Bond

,

144A,

7.875 %

,

12/15/37

........................................

United

States

110,000

120,466

b

Protective

Life

Global

Funding

,

Secured

Note

,

144A,

5.467 %

,

12/08/28

........................................

United

States

305,000

311,730

b

Teachers

Insurance

&

Annuity

Association

of

America

,

Sub.

Bond

,

144A,

6.85 %

,

12/16/39

..............................

United

States

92,000

103,197

2,458,971

#### Interactive

#### Media

#### &

#### Services

#### 0.2%
Meta

Platforms,

Inc.

,

Senior

Bond

,

5.25 %

,

5/15/36

.........................

United

States

140,000

139,769

Senior

Bond

,

6.3 %

,

5/15/56

..........................

United

States

100,000

100,355

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

#### a
a

#### Corporate

#### Bonds
(continued)

#### Interactive

#### Media

#### &

#### Services
(continued)

Meta

Platforms,

Inc.,

(continued)

Senior

Note

,

3.5 %

,

8/15/27

..........................

United

States

175,000

$

173,847

413,971

#### IT

#### Services

#### 0.1%
b

Beignet

Investor

LLC

,

Senior

Secured

Bond

,

144A,

6.581 %

,

5/30/49

.........................................

United

States

121,000

125,070

#### Leisure

#### Products

#### 0.1%
Brunswick

Corp.

,

Senior

Bond

,

2.4 %

,

8/18/31

..............

United

States

297,000

258,940

#### Life

#### Sciences

#### Tools

#### &

#### Services

#### 0.2%
Illumina,

Inc.

,

Senior

Note

,

4.65 %

,

9/09/26

................

United

States

150,000

150,101

Thermo

Fisher

Scientific,

Inc.

,

Senior

Bond

,

4.902 %

,

2/12/36

...

United

States

115,000

113,887

263,988

#### Media

#### 0.3%
Charter

Communications

Operating

LLC

/

Charter

Communications

Operating

Capital

Corp.

,

Senior

Secured

Bond

,

5.85 %

,

12/01/35

.................

United

States

125,000

122,035

Senior

Secured

Bond

,

3.5 %

,

6/01/41

...................

United

States

110,000

76,368

Time

Warner

Cable

Enterprises

LLC

,

Senior

Secured

Bond

,

8.375 %

,

7/15/33

...................................

United

States

448,000

507,602

706,005

#### Metals

#### &

#### Mining

#### 0.6%
b

Anglo

American

Capital

plc

,

Senior

Note

,

144A,

%

,

3/21/33

...

South

Africa

200,000

197,869

b

Glencore

Finance

Canada

Ltd.

,

Senior

Bond

,

144A,

%

,

11/15/41

Australia

115,000

117,259

b

Glencore

Funding

LLC

,

Senior

Bond

,

144A,

5.634 %

,

4/04/34

...................

Australia

396,000

407,136

Senior

Bond

,

144A,

5.508 %

,

4/01/36

...................

Australia

170,000

171,259

Senior

Note

,

144A,

6.375 %

,

10/06/30

..................

Australia

247,000

261,933

1,155,456

#### Multi-Utilities

#### 0.3%
Ameren

Corp.

,

Senior

Note

,

%

,

1/15/29

..................

United

States

198,000

201,018

Dominion

Energy,

Inc.

,

Junior

Sub.

Bond

,

6.2%

to

2/14/36,

FRN

thereafter

,

2/15/56

.................................

United

States

140,000

140,329

DTE

Energy

Co.

,

Senior

Note

,

4.95 %

,

7/01/27

..............

United

States

155,000

155,989

Southern

Co.

Gas

Capital

Corp.

,

Senior

Bond

,

4.95 %

,

9/15/34

.

United

States

100,000

98,651

595,987

#### Oil,

#### Gas

#### &

#### Consumable

#### Fuels

#### 2.4%
b

Aker

BP

ASA

,

Senior

Bond

,

144A,

5.8 %

,

10/01/54

...........

Norway

190,000

174,884

Canadian

Natural

Resources

Ltd.

,

Senior

Bond

,

7.2 %

,

1/15/32

..........................

Canada

238,000

265,320

Senior

Note

,

%

,

12/15/29

..........................

Canada

104,000

105,522

Cheniere

Energy

Partners

LP

,

Senior

Bond

,

3.25 %

,

1/31/32

.........................

United

States

137,000

125,421

Senior

Note

,

4.5 %

,

10/01/29

.........................

United

States

242,000

240,805

b

Cheniere

Energy,

Inc.

,

Senior

Bond

,

144A,

5.2 %

,

7/30/36

.....

United

States

35,000

34,615

b

Columbia

Pipelines

Operating

Co.

LLC

,

Senior

Note

,

144A,

5.927 %

,

8/15/30

...................................

United

States

95,000

99,429

b

DT

Midstream,

Inc.

,

Senior

Bond

,

144A,

5.8 %

,

12/15/34

......

United

States

310,000

319,623

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

#### a
a

#### Corporate

#### Bonds
(continued)

#### Oil,

#### Gas

#### &

#### Consumable

#### Fuels
(continued)

Eastern

Energy

Gas

Holdings

LLC

,

Senior

Bond

,

5.8 %

,

1/15/35

..........................

United

States

137,000

$

142,607

Senior

Bond

,

5.65 %

,

10/15/54

........................

United

States

53,000

49,994

Energy

Transfer

LP

,

c

B

,

Junior

Sub.

Bond

,

6.625%

to

2/14/28,

FRN

thereafter

,

Perpetual

.......................................

United

States

330,000

333,957

Senior

Note

,

5.25 %

,

7/01/29

.........................

United

States

203,000

207,383

Senior

Note

,

5.2 %

,

4/01/30

..........................

United

States

120,000

122,611

b

KazMunayGas

National

Co.

JSC

,

Senior

Bond

,

Reg

S,

5.375 %

,

4/24/30

.........................................

Kazakhstan

260,000

264,843

Kinder

Morgan,

Inc.

,

Senior

Note

,

%

,

2/01/29

.............

United

States

139,000

141,127

ONEOK,

Inc.

,

Senior

Note

,

4.75 %

,

10/15/31

...............

United

States

265,000

263,437

b

Pertamina

Hulu

Energi

PT

,

Senior

Note

,

144A,

5.25 %

,

5/21/30

.

Indonesia

230,000

232,557

South

Bow

USA

Infrastructure

Holdings

LLC

,

Senior

Note

,

5.026 %

,

10/01/29

..................................

Canada

505,000

508,700

Targa

Resources

Corp.

,

Senior

Note

,

4.35 %

,

4/15/31

........

United

States

105,000

102,959

Targa

Resources

Partners

LP

/

Targa

Resources

Partners

Finance

Corp.

,

Senior

Bond

,

4.875 %

,

2/01/31

............

United

States

84,000

83,983

Transcontinental

Gas

Pipe

Line

Co.

LLC

,

Senior

Note

,

5.1 %

,

3/15/36

.........................................

United

States

130,000

129,039

b

Venture

Global

Calcasieu

Pass

LLC

,

Senior

Secured

Bond

,

144A,

%

,

5/01/36

...............

United

States

85,000

85,701

Senior

Secured

Note

,

144A,

6.25 %

,

1/15/30

.............

United

States

545,000

561,216

Viper

Energy

Partners

LLC

,

Senior

Bond

,

5.7 %

,

8/01/35

..........................

United

States

126,000

127,982

Senior

Note

,

4.9 %

,

8/01/30

..........................

United

States

128,000

127,991

Williams

Cos.,

Inc.

(The)

,

Senior

Bond

,

5.6 %

,

3/15/35

........

United

States

175,000

179,396

5,031,102

#### Paper

#### &

#### Forest

#### Products

#### 0.2%
b

Georgia-Pacific

LLC

,

Senior

Note

,

144A,

4.95 %

,

6/30/32

....................

United

States

280,000

283,811

Senior

Note

,

144A,

4.9 %

,

5/15/33

.....................

United

States

160,000

159,724

443,535

#### Passenger

#### Airlines

#### 0.2%
b

AS

Mileage

Plan

IP

Ltd.

,

Senior

Secured

Note

,

144A,

5.021 %

,

10/20/29

........................................

United

States

345,000

341,559

#### Personal

#### Care

#### Products

#### 0.5%
Haleon

US

Capital

LLC

,

Senior

Note

,

3.375 %

,

3/24/27

........................

United

States

250,000

247,967

Senior

Note

,

3.375 %

,

3/24/29

........................

United

States

310,000

301,465

Kenvue,

Inc.

,

Senior

Note

,

4.85 %

,

5/22/32

.................

United

States

460,000

465,518

1,014,950

#### Pharmaceuticals

#### 1.1%
Merck

&

Co.,

Inc.

,

Senior

Bond

,

4.75 %

,

12/04/35

............

United

States

100,000

97,926

Novartis

Capital

Corp.

,

Senior

Bond

,

4.9 %

,

3/18/36

..........................

United

States

145,000

144,052

Senior

Bond

,

5.7 %

,

3/18/56

..........................

United

States

75,000

75,177

Senior

Note

,

4.1 %

,

11/05/30

.........................

United

States

445,000

439,300

Senior

Note

,

4.6 %

,

3/18/33

..........................

United

States

115,000

114,239

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

#### a
a

#### Corporate

#### Bonds
(continued)

#### Pharmaceuticals
(continued)

Pfizer

Investment

Enterprises

Pte.

Ltd.

,

Senior

Bond

,

5.3 %

,

5/19/53

..........................

United

States

124,000

$

114,952

Senior

Note

,

4.45 %

,

5/19/28

.........................

United

States

102,000

102,487

Pharmacia

LLC

,

Senior

Bond

,

6.6 %

,

12/01/28

..............

United

States

190,000

200,655

Royalty

Pharma

plc

,

Senior

Bond

,

5.4 %

,

9/02/34

..........................

United

States

191,000

193,628

Senior

Bond

,

5.2 %

,

9/25/35

..........................

United

States

130,000

128,876

Senior

Note

,

2.2 %

,

9/02/30

..........................

United

States

154,000

139,120

Teva

Pharmaceutical

Finance

Netherlands

III

BV

,

Senior

Bond

,

4.1 %

,

10/01/46

...................................

Israel

230,000

177,389

Zoetis,

Inc.

,

Senior

Bond

,

%

,

8/17/35

....................

United

States

520,000

517,993

2,445,794

#### Professional

#### Services

#### 0.2%
Paychex,

Inc.

,

Senior

Note

,

5.1 %

,

4/15/30

.................

United

States

492,000

497,453

#### Semiconductors

#### &

#### Semiconductor

#### Equipment

#### 1.2%
Broadcom,

Inc.

,

Senior

Bond

,

4.95 %

,

1/15/36

.........................

United

States

105,000

104,008

Senior

Bond

,

5.7 %

,

1/15/56

..........................

United

States

15,000

14,923

b

Senior

Bond

,

144A,

4.926 %

,

5/15/37

...................

United

States

364,000

354,781

Senior

Note

,

3.459 %

,

9/15/26

........................

United

States

600,000

598,630

b

Foundry

JV

Holdco

LLC

,

Senior

Secured

Bond

,

144A,

6.4 %

,

1/25/38

..............

United

States

200,000

213,882

Senior

Secured

Note

,

144A,

6.15 %

,

1/25/32

.............

United

States

355,000

373,741

Senior

Secured

Note

,

144A,

5.9 %

,

1/25/33

..............

United

States

200,000

208,256

Intel

Corp.

,

Senior

Bond

,

4.15 %

,

8/05/32

.........................

United

States

380,000

365,619

Senior

Bond

,

5.3 %

,

5/15/36

..........................

United

States

101,495

101,108

Senior

Bond

,

6.125 %

,

5/15/56

........................

United

States

62,319

61,898

Marvell

Technology,

Inc.

,

Senior

Bond

,

5.3 %

,

4/15/36

..........................

United

States

230,000

230,214

Senior

Note

,

4.75 %

,

7/15/30

.........................

United

States

75,000

75,360

2,702,420

#### Software

#### 0.6%
Oracle

Corp.

,

Senior

Bond

,

5.7 %

,

2/04/36

..........................

United

States

235,000

225,800

Senior

Bond

,

3.65 %

,

3/25/41

.........................

United

States

77,000

54,669

Senior

Bond

,

6.7 %

,

2/04/56

..........................

United

States

75,000

69,176

Senior

Note

,

4.45 %

,

9/26/30

.........................

United

States

130,000

125,416

Senior

Note

,

4.8 %

,

9/26/32

..........................

United

States

170,000

161,711

Salesforce,

Inc.

,

Senior

Note

,

5.2 %

,

3/15/33

...............

United

States

280,000

279,579

Synopsys,

Inc.

,

Senior

Bond

,

5.15 %

,

4/01/35

.........................

United

States

447,000

447,206

Senior

Bond

,

5.7 %

,

4/01/55

..........................

United

States

20,000

19,221

1,382,778

#### Specialized

#### REITs

#### 0.6%
American

Tower

Corp.

,

Senior

Bond

,

3.55 %

,

7/15/27

.........................

United

States

446,000

441,848

Senior

Bond

,

3.8 %

,

8/15/29

..........................

United

States

200,000

195,587

Senior

Bond

,

2.9 %

,

1/15/30

..........................

United

States

217,000

204,322

Senior

Note

,

4.7 %

,

12/15/32

.........................

United

States

75,000

74,098

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

#### a
a

#### Corporate

#### Bonds
(continued)

#### Specialized

#### REITs
(continued)

Crown

Castle,

Inc.

,

Senior

Bond

,

3.65 %

,

9/01/27

.........................

United

States

172,000

$

170,125

Senior

Bond

,

3.8 %

,

2/15/28

..........................

United

States

100,000

98,660

EPR

Properties

,

Senior

Bond

,

4.5 %

,

6/01/27

...............

United

States

58,000

57,841

Equinix,

Inc.

,

Senior

Bond

,

3.2 %

,

11/18/29

................

United

States

168,000

160,406

1,402,887

#### Specialty

#### Retail

#### 0.1%
Dick's

Sporting

Goods,

Inc.

,

Senior

Bond

,

3.15 %

,

1/15/32

.........................

United

States

185,000

168,637

Senior

Bond

,

4.1 %

,

1/15/52

..........................

United

States

200,000

142,089

310,726

#### Technology

#### Hardware,

#### Storage

#### &

#### Peripherals

#### 0.1%
Hewlett

Packard

Enterprise

Co.

,

Senior

Note

,

4.55 %

,

10/15/29

........................

United

States

139,000

138,529

Senior

Note

,

4.85 %

,

10/15/31

........................

United

States

162,000

161,116

299,645

#### Textiles,

#### Apparel

#### &

#### Luxury

#### Goods

#### 0.2%
Tapestry,

Inc.

,

Senior

Bond

,

3.05 %

,

3/15/32

.........................

United

States

57,000

51,439

Senior

Bond

,

5.5 %

,

3/11/35

..........................

United

States

170,000

170,867

Senior

Note

,

5.1 %

,

3/11/30

..........................

United

States

140,000

141,739

364,045

#### Tobacco

#### 0.9%
BAT

Capital

Corp.

,

Senior

Bond

,

4.39 %

,

8/15/37

.........................

United

Kingdom

143,000

130,303

Senior

Note

,

4.625 %

,

3/22/33

........................

United

Kingdom

510,000

499,928

Philip

Morris

International,

Inc.

,

Senior

Note

,

4.875 %

,

2/13/29

........................

United

States

535,000

542,099

Senior

Note

,

5.125 %

,

2/15/30

........................

United

States

626,000

639,457

1,811,787

#### Trading

#### Companies

#### &

#### Distributors

#### 0.5%
b

Aviation

Capital

Group

LLC

,

Senior

Note

,

144A,

6.25 %

,

4/15/28

....................

United

States

270,000

277,317

Senior

Note

,

144A,

5.375 %

,

7/15/29

...................

United

States

260,000

264,338

Senior

Note

,

144A,

5.125 %

,

4/10/30

...................

United

States

275,000

277,093

Sumisho

Air

Lease

Corp.

,

Senior

Note

,

5.85 %

,

12/15/27

......

United

States

139,000

141,680

960,428

#### Wireless

#### Telecommunication

#### Services

#### 0.9%
Rogers

Communications,

Inc.

,

Senior

Note

,

%

,

2/15/29

...........................

Canada

306,000

308,633

Senior

Note

,

3.8 %

,

3/15/32

..........................

Canada

144,000

134,589

Sub.

Bond

,

7.125%

to

4/14/35,

FRN

thereafter

,

4/15/55

.....

Canada

160,000

165,161

NC5

,

Sub.

Bond

,

7%

to

4/14/30,

FRN

thereafter

,

4/15/55

....

Canada

320,000

326,803

T-Mobile

USA,

Inc.

,

Senior

Bond

,

%

,

2/15/36

...........................

United

States

205,000

200,683

Senior

Note

,

3.75 %

,

4/15/27

.........................

United

States

329,000

327,733

Senior

Note

,

2.05 %

,

2/15/28

.........................

United

States

240,000

230,454

Senior

Note

,

3.375 %

,

4/15/29

........................

United

States

198,000

192,195

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

#### a
a

#### Corporate

#### Bonds
(continued)

#### Wireless

#### Telecommunication

#### Services
(continued)

T-Mobile

USA,

Inc.,

(continued)

Senior

Note

,

3.875 %

,

4/15/30

........................

United

States

11,000

$

10,713

Senior

Note

,

6.7 %

,

12/15/33

.........................

United

States

25,000

27,441

1,924,405

#### Total

#### Corporate

#### Bonds

#### (Cost

#### $

#### 72,469,131

####)
....................................

#### 72,441,266

#### Foreign

#### Government

#### and

#### Agency

#### Securities

#### 31.4%
b

Angola

Government

Bond

,

Senior

Bond

,

144A,

8.25 %

,

5/09/28

.

Angola

260,000

266,756

b

Australia

Government

Bond

,

Senior

Bond

,

Reg

S,

2.25 %

,

5/21/28

...................

Australia

1,640,000

AUD

1,123,300

Senior

Bond

,

Reg

S,

3.75 %

,

4/21/37

...................

Australia

220,000

AUD

140,493

Senior

Bond

,

Reg

S,

%

,

3/21/47

......................

Australia

310,000

AUD

156,318

b

Austria

Government

Bond

,

Senior

Bond

,

144A,

Reg

S,

0.5 %

,

2/20/29

...............

Austria

630,000

EUR

695,970

Senior

Bond

,

144A,

Reg

S,

1.5 %

,

2/20/47

...............

Austria

360,000

EUR

286,744

b

Bank

Gospodarstwa

Krajowego

,

Senior

Bond

,

Reg

S,

5.375 %

,

5/22/33

.........................................

Poland

200,000

204,496

b

Belgium

Government

Bond

,

Senior

Bond

,

144A,

Reg

S,

%

,

6/22/26

.................

Belgium

740,000

EUR

867,348

Senior

Bond

,

144A,

Reg

S,

0.1 %

,

6/22/30

...............

Belgium

1,500,000

EUR

1,569,860

Senior

Bond

,

144A,

Reg

S,

4.25 %

,

3/28/41

..............

Belgium

630,000

EUR

765,227

b

Benin

Government

Bond

,

Senior

Bond

,

Reg

S,

4.95 %

,

1/22/35

.

Benin

225,000

EUR

238,908

Brazil

Government

Bond

,

Senior

Bond

,

3.875 %

,

6/12/30

........................

Brazil

400,000

384,300

Senior

Bond

,

%

,

10/20/33

...........................

Brazil

200,000

202,260

b

Bulgaria

Government

Bond

,

Senior

Bond

,

Reg

S,

%

,

3/05/37

......................

Bulgaria

88,000

85,917

Senior

Note

,

Reg

S,

3.625 %

,

9/05/32

...................

Bulgaria

210,000

EUR

249,341

b

Bundesrepublik

Deutschland

,

Reg

S,

2.5 %

,

10/11/29

..............................

Germany

900,000

EUR

1,050,566

Reg

S,

2.5 %

,

4/16/31

...............................

Germany

2,000,000

EUR

2,321,186

b

Bundesrepublik

Deutschland

Bundesanleihe

,

Reg

S,

2.6 %

,

8/15/34

.........................................

Germany

900,000

EUR

1,029,620

Chile

Government

Bond

,

Senior

Note

,

4.85 %

,

1/22/29

........

Chile

230,000

233,163

Colombia

Government

Bond

,

Senior

Bond

,

7.5 %

,

2/02/34

..........................

Colombia

240,000

251,640

Senior

Note

,

4.5 %

,

11/26/30

..........................

Colombia

110,000

EUR

127,042

b

Comision

Federal

de

Electricidad

,

Senior

Bond

,

Reg

S,

3.875 %

,

7/26/33

.........................................

Mexico

300,000

262,372

b

Corp.

Nacional

del

Cobre

de

Chile

,

Senior

Bond

,

144A,

6.33 %

,

1/13/35

.........................................

Chile

200,000

212,400

b

Costa

Rica

Government

Bond

,

Senior

Bond

,

144A,

6.125 %

,

2/19/31

.........................................

Costa

Rica

310,000

323,004

Denmark

Government

Bond

,

0.5 %

,

11/15/27

....................................

Denmark

1,550,000

DKK

236,852

4.5 %

,

11/15/39

....................................

Denmark

650,000

DKK

118,417

b

Dominican

Republic

Government

Bond

,

Senior

Bond

,

Reg

S,

%

,

7/19/28

......................

Dominican

Republic

260,000

264,199

Senior

Bond

,

Reg

S,

4.875 %

,

9/23/32

..................

Dominican

Republic

270,000

255,406

b

Eagle

Funding

Luxco

SARL

,

Senior

Note

,

144A,

5.5 %

,

8/17/30

.

Mexico

260,000

262,327

Ecopetrol

SA

,

Senior

Bond

,

4.625 %

,

11/02/31

..............

Colombia

140,000

126,218

b

Egypt

Government

Bond

,

Senior

Bond

,

Reg

S,

7.6 %

,

3/01/29

..

Egypt

240,000

246,753

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

#### a
a

#### Foreign

#### Government

#### and

#### Agency

#### Securities
(continued)

b

El

Salvador

Government

Bond

,

Senior

Bond

,

Reg

S,

8.625 %

,

2/28/29

.........................................

El

Salvador

240,000

$

255,844

b

,c

Electricite

de

France

SA

,

Junior

Sub.

Bond

,

144A,

9.125%

to

6/14/33,

FRN

thereafter

,

Perpetual

.....................

France

200,000

233,288

b

Finland

Government

Bond

,

Senior

Bond

,

144A,

Reg

S,

1.125 %

,

4/15/34

.........................................

Finland

370,000

EUR

371,691

b

France

Government

Bond

,

144A,

Reg

S,

0.5 %

,

5/25/26

..........................

France

230,000

EUR

269,727

144A,

Reg

S,

2.75 %

,

10/25/27

........................

France

1,440,000

EUR

1,689,500

144A,

Reg

S,

2.75 %

,

2/25/29

.........................

France

1,500,000

EUR

1,754,750

144A,

Reg

S,

0.5 %

,

5/25/29

..........................

France

830,000

EUR

906,977

144A,

Reg

S,

11/25/30

..............................

France

560,000

EUR

573,062

144A,

Reg

S,

%

,

5/25/33

...........................

France

620,000

EUR

710,048

144A,

Reg

S,

%

,

11/25/34

..........................

France

1,750,000

EUR

1,968,697

144A,

Reg

S,

4.5 %

,

4/25/41

..........................

France

780,000

EUR

960,918

144A,

Reg

S,

3.25 %

,

5/25/45

.........................

France

140,000

EUR

143,672

144A,

Reg

S,

%

,

4/25/55

...........................

France

480,000

EUR

522,956

b

Guatemala

Government

Bond

,

Senior

Bond

,

Reg

S,

6.6 %

,

6/13/36

....................

Guatemala

200,000

215,000

Senior

Note

,

144A,

7.05 %

,

10/04/32

....................

Guatemala

200,000

218,345

b

Hungary

Government

Bond

,

Senior

Note

,

Reg

S,

5.25 %

,

6/16/29

Hungary

260,000

264,648

b

Indonesia

Government

Bond

,

Senior

Bond

,

Reg

S,

4.35 %

,

1/08/27

.........................................

Indonesia

260,000

260,608

b

Ireland

Government

Bond

,

Reg

S,

1.1 %

,

5/15/29

...............................

Ireland

260,000

EUR

290,896

Reg

S,

%

,

2/18/45

................................

Ireland

110,000

EUR

101,372

b

Italy

Buoni

Poliennali

del

Tesoro

,

Senior

Bond

,

144A,

Reg

S,

1.65 %

,

3/01/32

..............

Italy

1,730,000

EUR

1,852,642

Senior

Bond

,

144A,

Reg

S,

%

,

2/01/37

.................

Italy

450,000

EUR

534,520

Senior

Bond

,

144A,

Reg

S,

3.1 %

,

3/01/40

...............

Italy

100,000

EUR

104,906

Senior

Bond

,

144A,

Reg

S,

4.75 %

,

9/01/44

..............

Italy

500,000

EUR

620,042

Senior

Bond

,

144A,

Reg

S,

1.7 %

,

9/01/51

...............

Italy

280,000

EUR

191,256

Senior

Bond

,

Reg

S,

6.5 %

,

11/01/27

...................

Italy

1,520,000

EUR

1,880,756

Senior

Note

,

Reg

S,

2.95 %

,

7/01/30

....................

Italy

1,000,000

EUR

1,166,077

b

Ivory

Coast

Government

Bond

,

Senior

Bond

,

Reg

S,

6.125 %

,

6/15/33

.........................................

Ivory

Coast

340,000

332,922

Japan

Government

Bond

,

0.1 %

,

3/20/27

....................................

Japan

600,000,000

JPY

3,800,671

2.3 %

,

6/20/27

....................................

Japan

205,000,000

JPY

1,326,938

2.2 %

,

3/20/31

....................................

Japan

845,000,000

JPY

5,477,832

0.4 %

,

3/20/36

....................................

Japan

435,000,000

JPY

2,269,416

2.3 %

,

3/20/40

....................................

Japan

310,000,000

JPY

1,832,258

0.3 %

,

6/20/46

....................................

Japan

171,000,000

JPY

601,687

0.8 %

,

3/20/47

....................................

Japan

93,000,000

JPY

361,670

2.2 %

,

3/20/51

....................................

Japan

212,000,000

JPY

1,033,208

2.1 %

,

9/20/54

....................................

Japan

90,000,000

JPY

411,477

0.5 %

,

3/20/60

....................................

Japan

102,000,000

JPY

255,868

b

Kazakhstan

Government

Bond

,

Senior

Bond

,

Reg

S,

4.714 %

,

4/09/35

.........................................

Kazakhstan

260,000

256,427

Malaysia

Government

Bond

,

3.582 %

,

7/15/32

..............

Malaysia

2,280,000

MYR

578,426

Mexican

Bonos

Desarr

Fixed

Rate

,

M

,

7.75 %

,

5/29/31

........

Mexico

10,900,000

e

MXN

599,329

Mexico

Government

Bond

,

Senior

Bond

,

2.659 %

,

5/24/31

.....

Mexico

220,000

195,833

b

Montenegro

Government

Bond

,

Senior

Note

,

144A,

4.875 %

,

4/01/32

.........................................

Montenegro

100,000

EUR

118,146

b

Netherlands

Government

Bond

,

144A,

Reg

S,

0.5 %

,

7/15/26

..........................

Netherlands

300,000

EUR

351,064

144A,

Reg

S,

0.25 %

,

7/15/29

.........................

Netherlands

290,000

EUR

315,019

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

#### a
a

#### Foreign

#### Government

#### and

#### Agency

#### Securities
(continued)

b

Netherlands

Government

Bond,

(continued)

144A,

Reg

S,

2.75 %

,

7/15/36

.........................

Netherlands

500,000

EUR

$

566,120

144A,

Reg

S,

3.75 %

,

1/15/42

.........................

Netherlands

410,000

EUR

500,306

New

Zealand

Government

Bond

,

%

,

4/20/29

..............

New

Zealand

380,000

NZD

219,001

b

Nigeria

Government

Bond

,

Senior

Note

,

144A,

8.375 %

,

3/24/29

Nigeria

240,000

256,762

b

North

Macedonia

Government

Bond

,

Senior

Note

,

144A,

4.75 %

,

1/21/34

.........................................

North

Macedonia

170,000

EUR

194,624

b

Norway

Government

Bond

,

Senior

Bond

,

144A,

Reg

S,

1.75 %

,

2/17/27

.........................................

Norway

1,880,000

NOK

198,740

b

Paraguay

Government

Bond

,

Senior

Bond

,

144A,

3.849 %

,

6/28/33

.........................................

Paraguay

490,000

460,232

Peru

Government

Bond

,

Senior

Bond

,

2.783 %

,

1/23/31

.......

Peru

420,000

387,009

Petroleos

Mexicanos

,

Senior

Note

,

6.7 %

,

2/16/32

...........

Mexico

145,000

145,563

Philippines

Government

Bond

,

Senior

Bond

,

5.5 %

,

2/04/35

....

Philippines

360,000

369,886

Poland

Government

Bond

,

5.75 %

,

4/25/29

................

Poland

1,480,000

PLN

418,880

b

Portugal

Obrigacoes

do

Tesouro

,

Senior

Bond

,

144A,

Reg

S,

0.3 %

,

10/17/31

...................................

Portugal

320,000

EUR

326,645

b

Power

Finance

Corp.

Ltd.

,

Senior

Bond

,

Reg

S,

3.95 %

,

4/23/30

.

India

270,000

261,489

b

Romania

Government

Bond

,

Senior

Bond

,

Reg

S,

5.625 %

,

2/22/36

..................

Romania

320,000

EUR

366,262

Senior

Note

,

144A,

%

,

2/27/27

.......................

Romania

330,000

325,170

b

Serbia

Government

Bond

,

Senior

Note

,

144A,

6.25 %

,

5/26/28

..

Serbia

310,000

318,463

South

Africa

Government

Bond

,

Senior

Bond

,

4.85 %

,

9/27/27

.........................

South

Africa

400,000

401,078

Senior

Bond

,

5.875 %

,

4/20/32

........................

South

Africa

200,000

203,008

b

Spain

Bonos

Y

Obligaciones

del

Estado

,

144A,

Reg

S,

5.15 %

,

10/31/28

........................

Spain

800,000

EUR

992,865

Senior

Bond

,

144A,

Reg

S,

3.55 %

,

10/31/33

.............

Spain

1,010,000

EUR

1,209,022

Senior

Bond

,

144A,

Reg

S,

3.3 %

,

4/30/36

...............

Spain

600,000

EUR

692,851

Senior

Bond

,

144A,

Reg

S,

5.15 %

,

10/31/44

.............

Spain

410,000

EUR

556,963

Senior

Bond

,

144A,

Reg

S,

2.9 %

,

10/31/46

..............

Spain

210,000

EUR

208,796

Senior

Bond

,

144A,

Reg

S,

%

,

10/31/50

................

Spain

50,000

EUR

31,009

b

Sweden

Government

Bond

,

Reg

S,

%

,

11/12/26

...............................

Sweden

6,950,000

SEK

748,465

Reg

S,

3.5 %

,

3/30/39

...............................

Sweden

660,000

SEK

75,652

b

Switzerland

Government

Bond

,

Reg

S,

%

,

4/08/28

................................

Switzerland

540,000

CHF

742,576

Reg

S,

1.5 %

,

4/30/42

...............................

Switzerland

290,000

CHF

424,537

Thailand

Government

Bond

,

Senior

Bond

,

%

,

12/17/31

...........................

Thailand

15,700,000

THB

489,602

Senior

Bond

,

2.41 %

,

3/17/35

.........................

Thailand

15,500,000

THB

485,956

Turkiye

Government

Bond

,

Senior

Bond

,

5.95 %

,

1/15/31

......

Turkiye

590,000

579,474

b

United

Kingdom

Gilt

,

Reg

S,

%

,

12/07/28

...............................

United

Kingdom

420,000

GBP

594,560

Reg

S,

3.5 %

,

7/22/68

...............................

United

Kingdom

610,000

GBP

549,996

f

Uruguay

Government

Bond

,

Senior

Bond

,

PIK,

7.875 %

,

1/15/33

Uruguay

370,000

435,675

b

Uzbekistan

Government

Bond

,

Senior

Note

,

144A,

6.9 %

,

2/28/32

Uzbekistan

240,000

257,744

#### Total

#### Foreign

#### Government

#### and

#### Agency

#### Securities

#### (Cost

#### $

#### 74,129,544

####)
............

#### 67,733,773

#### Asset-Backed

#### Securities

#### 7.1%

#### Capital

#### Markets

#### 0.2%
b

,g

Magnetite

XL

Ltd.

,

2024-40A

,

A1

,

144A,

FRN

,

5.123 %

,

(3-month

SOFR

+

1.45 %),

7/15/37

.

............................

United

States

512,000

513,557

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

#### a
a

#### Asset-Backed

#### Securities
(continued)

#### Financial

#### Services

#### 6.9%
b

,g

AIMCO

CLO

Ltd.

,

2022-17A

,

A1R

,

144A,

FRN

,

5.014 %

,

(3-month

SOFR

+

1.35 %),

7/20/37

.

....................

Jersey

350,000

$

350,925

b

,g

Allegro

CLO

XII

Ltd.

,

2020-1A

,

A1R

,

144A,

FRN

,

5.112 %

,

(3-month

SOFR

+

1.44 %),

7/21/37

.

....................

United

States

250,000

250,768

b

,g

Apex

Credit

CLO

Ltd.

,

2024-2A

,

A

,

144A,

FRN

,

5.187 %

,

(3-month

SOFR

+

1.52 %),

7/25/37

.

............................

United

States

250,000

250,866

b

,g

Bain

Capital

Credit

CLO

Ltd.

,

2022-2A

,

A1R

,

144A,

FRN

,

4.814 %

,

(3-month

SOFR

+

1.15 %),

4/22/35

.

....................

United

States

250,000

250,247

b

,g

Battalion

CLO

Ltd.

,

2020-18A

,

ARR

,

144A,

FRN

,

4.853 %

,

(3-month

SOFR

+

1.18 %),

10/15/36

.

...................

United

States

260,000

260,302

b

,g

Battalion

CLO

X

Ltd.

,

2016-10A

,

A1R3

,

144A,

FRN

,

4.807 %

,

(3-month

SOFR

+

1.14 %),

1/24/35

.

....................

United

States

271,375

271,668

b

Bayview

Opportunity

Master

Fund

VII

Trust

,

2023-1A

,

A

,

144A,

6.93 %

,

10/28/60

.

..................................

United

States

89,042

90,786

b

,g

Birch

Grove

CLO

Ltd.

,

2021-2A

,

A1R

,

144A,

FRN

,

5.075 %

,

(3-month

SOFR

+

1.4 %),

10/19/37

.

....................

United

States

250,000

250,780

g

Carrington

Mortgage

Loan

Trust

,

2006-NC2

,

A4

,

FRN

,

4.249 %

,

(1-month

SOFR

+

0.594 %),

6/25/36

.

...................

United

States

77,247

75,644

b

,g

Cathedral

Lake

VIII

Ltd.

,

2021-8A

,

A1R

,

144A,

FRN

,

4.805 %

,

(3-month

SOFR

+

1.13 %),

1/20/35

.

....................

United

States

400,000

400,324

b

,g

CBAM

Ltd.

,

2017-2A

,

AR

,

144A,

FRN

,

5.132 %

,

(3-month

SOFR

+

1.452 %),

7/17/34

.

.................................

United

States

175,000

175,326

b

,g

CIFC

Funding

Ltd.

,

2021-4A

,

AR

,

144A,

FRN

,

5.026 %

,

(3-month

SOFR

+

1.36 %),

7/23/37

.........................................

United

States

250,000

250,662

2021-7A

,

AR

,

144A,

FRN

,

4.756 %

,

(3-month

SOFR

+

1.09 %),

1/23/35

.........................................

United

States

909,000

909,135

b

Compass

Datacenters

Issuer

II

LLC

,

2025-2A

,

A1

,

144A,

4.926 %

,

11/25/50

.

........................................

United

States

580,000

570,138

b

,g

Diameter

Capital

CLO

Ltd.

,

2024-7A

,

A1A

,

144A,

FRN

,

5.155 %

,

(3-month

SOFR

+

1.48 %),

7/20/37

.

....................

United

States

250,000

250,437

b

,g

Elevation

CLO

Ltd.

,

2021-13A

,

A1R

,

144A,

FRN

,

4.733 %

,

(3-month

SOFR

+

1.06 %),

7/15/34

.

....................

United

States

250,000

250,184

b

,g

Elmwood

CLO

Ltd.

,

2024-3A

,

A

,

144A,

FRN

,

5.195 %

,

(3-month

SOFR

+

1.52 %),

4/18/37

.

....................

United

States

300,000

300,150

b

,g

Elmwood

CLO

Ltd.

,

2024-9RA

,

AR

,

144A,

FRN

,

5.052 %

,

(3-month

SOFR

+

1.38 %),

10/21/37

.

...................

United

States

250,000

250,677

b

,g

Elmwood

CLO

I

Ltd.

,

2019-1A

,

A1R3

,

144A,

FRN

,

4.795 %

,

(3-month

SOFR

+

1.12 %),

4/20/37

.

....................

United

States

225,000

224,553

b

,g

Elmwood

CLO

III

Ltd.

,

2019-3A

,

A1RR

,

144A,

FRN

,

5.055 %

,

(3-month

SOFR

+

1.38 %),

7/18/37

.

....................

United

States

250,000

250,661

b

FIGRE

Trust

,

2025-FL1

,

A1

,

144A,

5.265 %

,

7/25/55

..................

United

States

118,352

118,367

2025-FL2

,

A1

,

144A,

5.053 %

,

11/25/55

.................

United

States

135,502

134,802

h

GSAA

Home

Equity

Trust

,

2006-15

,

AF3A

,

FRN

,

5.882 %

,

9/25/36

.

United

States

815,587

265,119

b

,i

Iskandar

Enterprise

LLC

,

2026-1A

,

A21

,

144A,

5.049 %

,

4/17/56

.

United

States

502,000

503,161

b

,g

J.P.

Morgan

Mortgage

Trust

,

2023-HE2

,

A1

,

144A,

FRN

,

5.34 %

,

(30-day

SOFR

Average

+

1.7 %),

3/20/54

.

................

United

States

155,678

156,121

b

,g

Madison

Park

Funding

L

Ltd.

,

2021-50A

,

AR

,

144A,

FRN

,

4.645 %

,

(3-month

SOFR

+

0.97 %),

4/19/34

.

....................

United

States

500,000

499,993

b

,g

Neuberger

Berman

CLO

XVII

Ltd.

,

2014-17A

,

AR3

,

144A,

FRN

,

5.064 %

,

(3-month

SOFR

+

1.4 %),

7/22/38

.

...............

United

States

300,000

300,920

b

,g

Neuberger

Berman

Loan

Advisers

CLO

Ltd.

,

2017-25A

,

AR2

,

144A,

FRN

,

5.075 %

,

(3-month

SOFR

+

1.4 %),

7/18/38

.

.....

United

States

250,000

250,769

b

,g

Northwoods

Capital

Ltd.

,

2021-27A

,

A1R

,

144A,

FRN

,

4.86 %

,

(3-month

SOFR

+

1.18 %),

10/17/34

.

...................

United

States

380,000

380,439

g

NovaStar

Mortgage

Funding

Trust

,

2006-5

,

A2C

,

FRN

,

4.109 %

,

(1-month

SOFR

+

0.454 %),

11/25/36

.

...................

United

States

930,383

279,447

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

#### a
a

#### Asset-Backed

#### Securities
(continued)

#### Financial

#### Services
(continued)

b

,g

Oaktree

CLO

Ltd.

,

2019-4A

,

ARR

,

144A,

FRN

,

5.185 %

,

(3-month

SOFR

+

1.51 %),

7/20/37

.........................................

United

States

250,000

$

250,869

2021-1A

,

A1R

,

144A,

FRN

,

5.023 %

,

(3-month

SOFR

+

1.35 %),

1/15/38

.........................................

United

States

250,000

250,465

b

,g

Octagon

Investment

Partners

Ltd.

,

2020-5A

,

ARR

,

144A,

FRN

,

4.793 %

,

(3-month

SOFR

+

1.12 %),

4/15/37

.

..............

United

States

1,220,000

1,217,516

b

,g

OHA

Loan

Funding

Ltd.

,

2016-1A

,

A1R2

,

144A,

FRN

,

5.135 %

,

(3-month

SOFR

+

1.46 %),

7/20/37

.

....................

United

States

427,000

428,303

b

PK

ALIFT

Loan

Funding

LP

,

2025-2

,

A

,

144A,

4.75 %

,

3/15/43

.

United

States

233,210

231,021

b

PRET

LLC

,

2026-NPL3

,

A1

,

144A,

4.968 %

,

2/25/56

.

.........

United

States

833,600

827,829

b

,g

PRMI

Securitization

Trust

,

2024-CMG1

,

A1

,

144A,

FRN

,

5.104 %

,

(30-day

SOFR

Average

+

1.45 %),

7/25/54

.

...............

United

States

196,308

196,331

g

Renaissance

Home

Equity

Loan

Trust

,

2003-4

,

A1

,

FRN

,

4.809 %

,

(1-month

SOFR

+

1.154 %),

3/25/34

.

...................

United

States

108,383

98,330

b

,g

RR

Ltd.

,

2024-29RA

,

A1R

,

144A,

FRN

,

5.063 %

,

(3-month

SOFR

+

1.39 %),

7/15/39

.

............................

United

States

250,000

250,658

b

Stack

Infrastructure

Issuer

LLC

,

2026-1A

,

A2

,

144A,

%

,

3/27/56

.

United

States

477,000

461,384

b

,g

Symphony

CLO

XXIII

Ltd.

,

2020-23A

,

AR2

,

144A,

FRN

,

4.573 %

,

(3-month

SOFR

+

0.9 %),

1/15/34

.

.....................

United

States

159,354

159,357

b

,g

Towd

Point

Mortgage

Trust

,

2025-HE1

,

A1A

,

144A,

FRN

,

4.995 %

,

(30-day

SOFR

Average

+

1.35 %),

7/25/65

.

...............

United

States

87,009

87,267

b

,g

Trinitas

CLO

XVI

Ltd.

,

2021-16A

,

A1R

,

144A,

FRN

,

4.805 %

,

(3-month

SOFR

+

1.13 %),

7/20/34

.

....................

United

States

540,000

540,573

b

VCAT

LLC

,

2026-NPL1

,

A1

,

144A,

5.101 %

,

1/25/56

.

.........

United

States

121,666

121,190

b

,g

Venture

XIX

CLO

Ltd.

,

2014-19A

,

ARR

,

144A,

FRN

,

5.195 %

,

(3-month

SOFR

+

1.522 %),

1/15/32

.

...................

United

States

42,095

42,096

g

Washington

Mutual

Asset-Backed

Certificates

WMABS

Trust

,

2006-HE2

,

A3

,

FRN

,

4.069 %

,

(1-month

SOFR

+

0.414 %),

5/25/36

.

.........................................

United

States

419,628

331,965

b

,g

Wise

CLO

Ltd.

,

2024-2A

,

A

,

144A,

FRN

,

5.133 %

,

(3-month

SOFR

+

1.46 %),

7/15/37

.

.................................

United

States

400,000

401,210

14,669,735

a

a

a

a

a

a

#### Total

#### Asset-Backed

#### Securities

#### (Cost

#### $

#### 15,568,590

####)
.............................

#### 15,183,292

#### Commercial

#### Mortgage-Backed

#### Securities

#### 4.8%

#### Financial

#### Services

#### 4.8%
b

,g

AREIT

Trust

,

2022-CRE6

,

A

,

144A,

FRN

,

4.89 %

,

(30-day

SOFR

Average

+

1.25 %),

1/20/37

...........................

United

States

140,547

140,760

h

,j

BANK

,

2019-BN20

,

XA

,

IO,

FRN

,

0.922 %

,

9/15/62

..............

United

States

8,718,692

201,078

2020-BN30

,

XA

,

IO,

FRN

,

1.351 %

,

12/15/53

.............

United

States

6,772,420

305,418

Barclays

Commercial

Mortgage

Trust

,

2019-C3

,

B

,

4.096 %

,

5/15/52

.........................................

United

States

246,000

229,262

h

,j

BBCMS

Mortgage

Trust

,

2020-C8

,

XA

,

IO,

FRN

,

1.909 %

,

10/15/53

........................................

United

States

4,420,599

241,277

Benchmark

Mortgage

Trust

,

2026-V21

,

AS

,

5.506 %

,

3/15/59

.......................

United

States

220,000

224,071

h,j

2026-V21

,

XA

,

IO,

FRN

,

1.648 %

,

3/15/59

................

United

States

1,965,907

120,981

b

BX

Trust

,

h

2025-ARIA

,

C

,

144A,

FRN

,

5.701 %

,

12/13/42

.............

United

States

436,000

438,003

g

2025-VOLT

,

A

,

144A,

FRN

,

5.355 %

,

(1-month

SOFR

+

1.7 %),

12/15/44

........................................

United

States

120,000

120,134

h

CD

Mortgage

Trust

,

2017-CD4

,

B

,

FRN

,

3.947 %

,

5/10/50

.....

United

States

323,000

296,522

h

CFCRE

Commercial

Mortgage

Trust

,

b

2011-C2

,

E

,

144A,

FRN

,

5.08 %

,

12/15/47

................

United

States

230,000

217,647

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

#### a
a

#### Commercial

#### Mortgage-Backed

#### Securities
(continued)

#### Financial

#### Services
(continued)

h

CFCRE

Commercial

Mortgage

Trust,

(continued)

2017-C8

,

B

,

FRN

,

4.199 %

,

6/15/50

....................

United

States

210,000

$

204,262

h

Citigroup

Commercial

Mortgage

Trust

,

2016-P6

,

A5

,

FRN

,

3.72 %

,

12/10/49

........................................

United

States

238,000

235,672

h

COMM

Mortgage

Trust

,

b

2013-CR13

,

D

,

144A,

FRN

,

5.003 %

,

11/10/46

............

United

States

166,612

94,346

2014-CR14

,

C

,

FRN

,

3.246 %

,

2/10/47

..................

United

States

222,000

217,691

2014-CR17

,

C

,

FRN

,

4.942 %

,

5/10/47

..................

United

States

459,000

434,084

2015-LC19

,

C

,

FRN

,

4.567 %

,

2/10/48

..................

United

States

195,367

190,613

b

,h

,j

Credit

Suisse

Commercial

Mortgage

Trust

,

2006-C4

,

AX

,

IO,

144A,

FRN

,

1.411 %

,

9/15/39

............

United

States

—

2007-C2

,

AX

,

IO,

144A,

FRN

,

0.029 %

,

1/15/49

............

United

States

614,587

CSAIL

Commercial

Mortgage

Trust

,

h

2015-C1

,

C

,

FRN

,

3.888 %

,

4/15/50

....................

United

States

371,000

348,416

2016-C6

,

AS

,

3.346 %

,

1/15/49

........................

United

States

99,170

98,877

h

CSMC

Trust

,

2016-NXSR

,

AS

,

FRN

,

4.049 %

,

12/15/49

.......

United

States

267,000

262,370

b

,h

DBUBS

Mortgage

Trust

,

2011-LC3A

,

D

,

144A,

FRN

,

5.535 %

,

8/10/44

.........................................

United

States

548,119

536,113

b

,h

GS

Mortgage

Securities

Corp.

Trust

,

2017-375H

,

A

,

144A,

FRN

,

3.591 %

,

9/10/37

...................................

United

States

350,000

341,036

b

,h

J.P.

Morgan

Chase

Commercial

Mortgage

Securities

Trust

,

2012-

LC9

,

D

,

144A,

FRN

,

3.691 %

,

12/15/47

..................

United

States

441,000

430,794

h

JPMBB

Commercial

Mortgage

Securities

Trust

,

j

2014-C22

,

XA

,

IO,

FRN

,

0.554 %

,

9/15/47

................

United

States

420,677

2014-C23

,

B

,

FRN

,

4.673 %

,

9/15/47

...................

United

States

168,076

166,122

h

,j

JPMCC

Commercial

Mortgage

Securities

Trust

,

2019-COR5

,

XA

,

IO,

FRN

,

1.577 %

,

6/13/52

...........................

United

States

7,057,878

228,295

b

,h

MAD

Commercial

Mortgage

Trust

,

2025-11MD

,

C

,

144A,

FRN

,

5.818 %

,

10/15/42

............

United

States

317,000

319,712

2025-11MD

,

D

,

144A,

FRN

,

6.571 %

,

10/15/42

............

United

States

306,000

309,924

h

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

,

2013-C10

,

B

,

FRN

,

4.082 %

,

7/15/46

...................

United

States

481,236

457,899

b

2013-C9

,

D

,

144A,

FRN

,

3.917 %

,

5/15/46

...............

United

States

274,000

249,926

2015-C22

,

C

,

FRN

,

4.104 %

,

4/15/48

...................

United

States

659,000

560,153

b

One

Bryant

Park

Trust

,

2019-OBP

,

A

,

144A,

2.516 %

,

9/15/54

..

United

States

214,000

198,221

b

,g

SHRN

Trust

,

2025-MF18

,

A

,

144A,

FRN

,

4.855 %

,

(1-month

SOFR

+

1.2 %),

10/15/40

.................................

United

States

320,000

319,992

h

,j

UBS

Commercial

Mortgage

Trust

,

2017-C7

,

XA

,

IO,

FRN

,

1.115 %

,

12/15/50

..................................

United

States

5,129,869

64,602

b

,h

VEGAS

,

2024-GCS

,

D

,

144A,

FRN

,

6.424 %

,

7/10/36

.........

United

States

217,000

215,816

Wells

Fargo

Commercial

Mortgage

Trust

,

2016-BNK1

,

AS

,

2.814 %

,

8/15/49

......................

United

States

707,000

685,541

h,j

2016-LC25

,

XA

,

IO,

FRN

,

0.921 %

,

12/15/59

..............

United

States

3,406,138

5,954

2017-RC1

,

AS

,

3.844 %

,

1/15/60

.......................

United

States

182,000

180,249

2017-RC1

,

C

,

4.591 %

,

1/15/60

........................

United

States

199,000

193,637

h,j

2019-C52

,

XA

,

IO,

FRN

,

1.706 %

,

8/15/52

................

United

States

2,958,348

116,637

h

2020-C57

,

C

,

FRN

,

4.157 %

,

8/15/53

...................

United

States

167,000

152,572

h

,j

WFRBS

Commercial

Mortgage

Trust

,

2013-C14

,

XA

,

IO,

FRN

,

0.456 %

,

6/15/46

...................................

United

States

114,877

10,354,845

a

a

a

a

a

a

#### Total

#### Commercial

#### Mortgage-Backed

#### Securities

#### (Cost

#### $

#### 10,622,859

####)
..............

#### 10,354,845

#### Mortgage-Backed

#### Securities

#### 18.4%

#### Federal

#### Home

#### Loan

#### Mortgage

#### Corp.
(FHLMC)

#### Fixed

#### Rate

#### 0.9%
FHLMC

Pool,

Year

,

3.5 %,

4/01/52

.....................

United

States

835,343

764,300

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

#### a
a

#### Mortgage-Backed

#### Securities
(continued)

#### Federal

#### Home

#### Loan

#### Mortgage

#### Corp.
(FHLMC)

#### Fixed

#### Rate
(continued)

FHLMC

Pool,

Year

,

%,

9/01/53

......................

United

States

1,139,199

$

1,174,029

1,938,329

#### Federal

#### National

#### Mortgage

#### Association
(FNMA)

#### Fixed

#### Rate

#### 14.4%
FNMA,

Year

,

1.5 %,

11/01/41

.........................

United

States

480,072

401,510

FNMA,

Year

,

3.5 %,

11/01/51

.........................

United

States

760,674

694,741

FNMA,

Year

,

%,

9/01/54

...........................

United

States

1,039,254

1,062,140

k

Uniform

Mortgage-Backed

Securities

,

%

,

TBA,

5/25/56

......

United

States

5,000,000

4,001,811

k

Uniform

Mortgage-Backed

Securities

,

2.5 %

,

TBA,

5/25/56

.....

United

States

5,000,000

4,187,577

k

Uniform

Mortgage-Backed

Securities

,

%

,

TBA,

5/25/56

......

United

States

2,000,000

1,751,210

k

Uniform

Mortgage-Backed

Securities

,

3.5 %

,

TBA,

5/25/56

.....

United

States

1,000,000

910,371

k

Uniform

Mortgage-Backed

Securities

,

4.5 %

,

TBA,

5/25/56

.....

United

States

4,000,000

3,848,160

k

Uniform

Mortgage-Backed

Securities

,

%

,

TBA,

5/25/56

......

United

States

3,000,000

2,955,974

k

Uniform

Mortgage-Backed

Securities

,

5.5 %

,

TBA,

5/25/56

.....

United

States

4,000,000

4,020,522

k

Uniform

Mortgage-Backed

Securities

,

%

,

TBA,

5/25/56

......

United

States

2,000,000

2,041,978

k

Uniform

Mortgage-Backed

Securities

,

6.5 %

,

TBA,

5/25/56

.....

United

States

5,000,000

5,188,128

31,064,122

#### Government

#### National

#### Mortgage

#### Association
(GNMA)

#### Fixed

#### Rate

#### 3.1%
k

GNMA

II,

Single-family,

Year

,

2.5 %,

5/15/56

.............

United

States

1,000,000

856,734

GNMA

II,

Single-family,

Year

,

%,

2/20/48

...............

United

States

1,531,320

1,458,540

k

GNMA

II,

Single-family,

Year

,

%,

5/15/56

...............

United

States

1,000,000

933,223

k

GNMA

II,

Single-family,

Year

,

5.5 %,

5/15/56

.............

United

States

2,000,000

2,014,367

GNMA

II,

Single-family,

Year

,

%,

11/20/53

..............

United

States

1,414,868

1,474,028

6,736,892

#### Total

#### Mortgage-Backed

#### Securities

#### (Cost

#### $

#### 39,635,742

####)
..........................

#### 39,739,343

#### Residential

#### Mortgage-Backed

#### Securities

#### 7.0%

#### Financial

#### Services

#### 7.0%
b

A&D

Mortgage

Trust

,

2023-NQM5

,

A1

,

144A,

7.049 %

,

11/25/68

.

United

States

522,991

527,576

g

Alternative

Loan

Trust

,

2006-OA10

,

1A1

,

FRN

,

4.469 %

,

(12-month

average

of

1-year

CMT

+

0.96 %),

8/25/46

.............................

United

States

81,905

76,255

2006-OA10

,

4A1

,

FRN

,

4.149 %

,

(1-month

SOFR

+

0.494 %),

8/25/46

.........................................

United

States

215,242

192,158

2006-OA19

,

A1

,

FRN

,

3.955 %

,

(1-month

SOFR

+

0.294 %),

2/20/47

.........................................

United

States

116,865

95,480

2006-OA7

,

1A2

,

FRN

,

4.449 %

,

(12-month

average

of

1-year

CMT

+

0.94 %),

6/25/46

.............................

United

States

153,602

152,922

b

Angel

Oak

Mortgage

Trust

,

2024-9

,

A1

,

144A,

5.138 %

,

9/25/69

.

United

States

221,736

221,847

b

,h

Arroyo

Mortgage

Trust

,

2019-3

,

A3

,

144A,

FRN

,

3.416 %

,

10/25/48

........................................

United

States

41,786

40,268

g

BankUnited

Trust

,

2005-1

,

1A1

,

FRN

,

4.369 %

,

(1-month

SOFR

+

0.714 %),

9/25/45

..................................

United

States

46,890

44,944

b

BRAVO

Residential

Funding

Trust

,

2024-NQM2

,

A1

,

144A,

6.285 %

,

2/25/64

...................................

United

States

113,344

114,158

b

,g

Chase

Home

Lending

Mortgage

Trust

,

2025-10

,

A11

,

144A,

FRN

,

4.945 %

,

(30-day

SOFR

Average

+

1.3 %),

7/25/56

....................................

United

States

84,279

84,513

2025-7

,

A11

,

144A,

FRN

,

5.045 %

,

(30-day

SOFR

Average

+

1.4 %),

5/25/56

....................................

United

States

83,274

83,594

b

,g

Chevy

Chase

Funding

LLC

,

2006-4A

,

A2

,

144A,

FRN

,

3.949 %

,

(1-month

SOFR

+

0.294 %),

11/25/47

...................

United

States

134,272

121,008

b

COLT

Mortgage

Loan

Trust

,

2023-3

,

A1

,

144A,

7.18 %

,

9/25/68

.

United

States

500,800

503,885

b

Cross

Mortgage

Trust

,

2024-H1

,

A1

,

144A,

6.085 %

,

12/25/68

..................

United

States

191,703

192,764

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

#### a
a

#### Residential

#### Mortgage-Backed

#### Securities
(continued)

#### Financial

#### Services
(continued)

b

Cross

Mortgage

Trust,

(continued)

2024-H3

,

A1

,

144A,

6.272 %

,

6/25/69

...................

United

States

187,313

$

188,971

2024-H4

,

A1

,

144A,

6.147 %

,

7/25/69

...................

United

States

444,336

448,511

b

,g

FHLMC

STACR

REMIC

Trust

,

2021-DNA5

,

M2

,

144A,

FRN

,

5.295 %

,

(30-day

SOFR

Average

+

1.65 %),

1/25/34

.................................

United

States

34,430

34,520

2021-DNA6

,

M2

,

144A,

FRN

,

5.145 %

,

(30-day

SOFR

Average

+

1.5 %),

10/25/41

.................................

United

States

273,438

274,079

2021-DNA7

,

M2

,

144A,

FRN

,

5.445 %

,

(30-day

SOFR

Average

+

1.8 %),

11/25/41

..................................

United

States

889,000

893,413

2022-DNA2

,

M1A

,

144A,

FRN

,

4.945 %

,

(30-day

SOFR

Average

+

1.3 %),

2/25/42

..................................

United

States

31,951

31,964

2022-DNA3

,

M1B

,

144A,

FRN

,

6.545 %

,

(30-day

SOFR

Average

+

2.9 %),

4/25/42

..................................

United

States

30,000

30,527

2022-DNA5

,

M1A

,

144A,

FRN

,

6.595 %

,

(30-day

SOFR

Average

+

2.95 %),

6/25/42

.................................

United

States

181,809

184,047

2022-DNA6

,

M1A

,

144A,

FRN

,

5.795 %

,

(30-day

SOFR

Average

+

2.15 %),

9/25/42

.................................

United

States

4,428

4,439

2022-DNA6

,

M1B

,

144A,

FRN

,

7.345 %

,

(30-day

SOFR

Average

+

3.7 %),

9/25/42

..................................

United

States

24,000

24,818

2022-HQA1

,

M1A

,

144A,

FRN

,

5.745 %

,

(30-day

SOFR

Average

+

2.1 %),

3/25/42

..................................

United

States

2,207

2,208

2023-DNA1

,

M1A

,

144A,

FRN

,

5.746 %

,

(30-day

SOFR

Average

+

2.1 %),

3/25/43

..................................

United

States

121,961

123,408

2023-HQA2

,

M1A

,

144A,

FRN

,

5.645 %

,

(30-day

SOFR

Average

+

%),

6/25/43

....................................

United

States

18,813

18,832

2023-HQA3

,

A1

,

144A,

FRN

,

5.495 %

,

(30-day

SOFR

Average

+

1.85 %),

11/25/43

..................................

United

States

123,944

124,713

2023-HQA3

,

M1

,

144A,

FRN

,

5.495 %

,

(30-day

SOFR

Average

+

1.85 %),

11/25/43

.................................

United

States

45,145

45,406

2024-DNA1

,

A1

,

144A,

FRN

,

4.995 %

,

(30-day

SOFR

Average

+

1.35 %),

2/25/44

...................................

United

States

133,701

134,333

2024-DNA2

,

A1

,

144A,

FRN

,

4.895 %

,

(30-day

SOFR

Average

+

1.25 %),

5/25/44

...................................

United

States

103,395

103,859

2025-DNA1

,

A1

,

144A,

FRN

,

4.595 %

,

(30-day

SOFR

Average

+

0.95 %),

1/25/45

...................................

United

States

38,710

38,752

2025-DNA3

,

M1

,

144A,

FRN

,

4.745 %

,

(30-day

SOFR

Average

+

1.1 %),

9/25/45

..................................

United

States

225,493

225,604

g

FNMA

Connecticut

Avenue

Securities

Trust

,

2018-C02

,

2M2

,

FRN

,

5.96 %

,

(30-day

SOFR

Average

+

2.314 %),

8/25/30

..................................

United

States

10,215

10,350

b

2021-R03

,

1M2

,

144A,

FRN

,

5.295 %

,

(30-day

SOFR

Average

+

1.65 %),

12/25/41

..................................

United

States

289,463

290,633

b

2022-R01

,

1M1

,

144A,

FRN

,

4.645 %

,

(30-day

SOFR

Average

+

%),

12/25/41

....................................

United

States

8,053

8,051

b

2022-R02

,

2M2

,

144A,

FRN

,

6.645 %

,

(30-day

SOFR

Average

+

%),

1/25/42

.....................................

United

States

406,072

411,240

b

2022-R03

,

1M2

,

144A,

FRN

,

7.145 %

,

(30-day

SOFR

Average

+

3.5 %),

3/25/42

....................................

United

States

127,000

129,779

b

2022-R04

,

1M2

,

144A,

FRN

,

6.745 %

,

(30-day

SOFR

Average

+

3.1 %),

3/25/42

....................................

United

States

120,000

122,070

b

2022-R09

,

2M1

,

144A,

FRN

,

6.145 %

,

(30-day

SOFR

Average

+

2.5 %),

9/25/42

....................................

United

States

39,068

39,377

b

2023-R06

,

1M1

,

144A,

FRN

,

5.345 %

,

(30-day

SOFR

Average

+

1.7 %),

7/25/43

....................................

United

States

25,295

25,355

b

2023-R07

,

2M1

,

144A,

FRN

,

5.595 %

,

(30-day

SOFR

Average

+

1.95 %),

9/25/43

...................................

United

States

17,396

17,431

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

#### a
a

#### Residential

#### Mortgage-Backed

#### Securities
(continued)

#### Financial

#### Services
(continued)

g

FNMA

Connecticut

Avenue

Securities

Trust,

(continued)

b

2024-R02

,

1M1

,

144A,

FRN

,

4.745 %

,

(30-day

SOFR

Average

+

1.1 %),

2/25/44

....................................

United

States

3,261

$

3,261

b

2024-R03

,

2M1

,

144A,

FRN

,

4.795 %

,

(30-day

SOFR

Average

+

1.15 %),

3/25/44

...................................

United

States

17,461

17,464

b

2024-R04

,

1M1

,

144A,

FRN

,

4.745 %

,

(30-day

SOFR

Average

+

1.1 %),

5/25/44

....................................

United

States

12,170

12,171

b

2024-R06

,

1A1

,

144A,

FRN

,

4.795 %

,

(30-day

SOFR

Average

+

1.15 %),

9/25/44

...................................

United

States

241,258

242,103

b

2025-R01

,

1A1

,

144A,

FRN

,

4.595 %

,

(30-day

SOFR

Average

+

0.95 %),

1/25/45

...................................

United

States

72,382

72,456

b

2025-R01

,

1M1

,

144A,

FRN

,

4.745 %

,

(30-day

SOFR

Average

+

1.1 %),

1/25/45

....................................

United

States

44,815

44,833

b

2025-R02

,

1A1

,

144A,

FRN

,

4.645 %

,

(30-day

SOFR

Average

+

%),

2/25/45

.....................................

United

States

122,928

123,170

b

2025-R02

,

1M1

,

144A,

FRN

,

4.795 %

,

(30-day

SOFR

Average

+

1.15 %),

2/25/45

...................................

United

States

168,665

168,771

b

2025-R04

,

1A1

,

144A,

FRN

,

4.645 %

,

(30-day

SOFR

Average

+

%),

5/25/45

.....................................

United

States

98,951

99,119

b

2025-R04

,

1M1

,

144A,

FRN

,

4.845 %

,

(30-day

SOFR

Average

+

1.2 %),

5/25/45

....................................

United

States

203,341

203,559

b

2025-R06

,

1A1

,

144A,

FRN

,

4.545 %

,

(30-day

SOFR

Average

+

0.9 %),

9/25/45

....................................

United

States

234,793

235,051

b

2026-R01

,

2A1

,

144A,

FRN

,

4.495 %

,

(30-day

SOFR

Average

+

0.85 %),

1/25/46

...................................

United

States

420,139

420,274

b

2026-R01

,

2M1

,

144A,

FRN

,

4.645 %

,

(30-day

SOFR

Average

+

%),

1/25/46

.....................................

United

States

451,856

452,140

b

J.P.

Morgan

Mortgage

Trust

,

2024-VIS2

,

A1

,

144A,

5.853 %

,

11/25/64

.................

United

States

486,086

489,417

g

2025-2

,

A11

,

144A,

FRN

,

4.895 %

,

(30-day

SOFR

Average

+

1.25 %),

7/25/55

...................................

United

States

418,533

419,967

b

Legacy

Mortgage

Asset

Trust

,

2021-GS3

,

A1

,

144A,

5.75 %

,

7/25/61

.........................................

United

States

188,539

188,788

b

MFA

Trust

,

2023-INV2

,

A1

,

144A,

6.775 %

,

10/25/58

.................

United

States

722,353

726,105

2025-NQM3

,

A1

,

144A,

5.261 %

,

8/25/70

................

United

States

133,010

133,325

b

,h

Morgan

Stanley

Resecuritization

Trust

,

2015-R4

,

CB1

,

144A,

FRN

,

4.037 %

,

8/26/47

..............................

United

States

22,387

22,413

b

Morgan

Stanley

Residential

Mortgage

Loan

Trust

,

g

2024-3

,

AF

,

144A,

FRN

,

4.995 %

,

(30-day

SOFR

Average

+

1.35 %),

7/25/54

...................................

United

States

88,666

88,883

2024-NQM2

,

A1

,

144A,

6.386 %

,

5/25/69

................

United

States

203,682

205,738

b

,g

New

Residential

Mortgage

Loan

Trust

,

2018-4A

,

A1M

,

144A,

FRN

,

4.669 %

,

(1-month

SOFR

+

1.014 %),

1/25/48

.........

United

States

23,524

23,295

b

OBX

Trust

,

2023-NQM7

,

A1

,

144A,

6.844 %

,

4/25/63

................

United

States

227,618

228,762

g

2025-J2

,

AF

,

144A,

FRN

,

4.945 %

,

(30-day

SOFR

Average

+

1.3 %),

9/25/55

....................................

United

States

106,155

106,525

b

,h

Onity

Loan

Investment

Trust

,

2025-HB1

,

A

,

144A,

FRN

,

%

,

6/25/38

.........................................

United

States

43,201

42,425

b

PRET

LLC

,

2026-NPL1

,

A1

,

144A,

5.18 %

,

1/25/56

..........

United

States

144,543

143,558

b

PRPM

LLC

,

2026-1

,

A1

,

144A,

5.185 %

,

2/25/31

............

United

States

312,657

309,953

b

,g

Station

Place

Securitization

Trust

,

2025-1

,

A

,

144A,

FRN

,

4.552 %

,

(1-month

SOFR

+

0.9 %),

7/23/26

.........................................

United

States

752,000

752,472

2025-3

,

A

,

144A,

FRN

,

4.552 %

,

(1-month

SOFR

+

0.9 %),

9/23/26

.........................................

United

States

760,000

763,338

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

#### a
a

#### Residential

#### Mortgage-Backed

#### Securities
(continued)

#### Financial

#### Services
(continued)

b,g

Station

Place

Securitization

Trust,

(continued)

2025-7

,

A

,

144A,

FRN

,

4.552 %

,

(1-month

SOFR

+

0.9 %),

11/24/26

........................................

United

States

750,000

$

754,215

b

,g

Structured

Agency

Credit

Risk

,

2026-DNA1

,

M1

,

144A,

FRN

,

4.645 %

,

(30-day

SOFR

Average

+

%),

2/25/46

...........

United

States

225,404

225,328

g

Structured

Asset

Mortgage

Investments

II

Trust

,

2007-AR7

,

1A1

,

FRN

,

5.469 %

,

(1-month

SOFR

+

1.814 %),

5/25/47

.........

United

States

266,353

221,314

b

Verus

Securitization

Trust

,

2024-1

,

A1

,

144A,

5.712 %

,

1/25/69

.

United

States

360,639

361,967

b

,h

Vista

Point

Securitization

Trust

,

2020-2

,

A2

,

144A,

FRN

,

1.986 %

,

4/25/65

.........................................

United

States

20,112

19,706

g

WaMu

Mortgage

Pass-Through

Certificates

Trust

,

2005-AR1

,

A1B

,

FRN

,

4.549 %

,

(1-month

SOFR

+

0.894 %),

1/25/45

.........................................

United

States

75,906

73,586

2005-AR13

,

A1C3

,

FRN

,

4.749 %

,

(1-month

SOFR

+

1.094 %),

10/25/45

........................................

United

States

67,186

65,086

2005-AR2

,

2A1B

,

FRN

,

4.509 %

,

(1-month

SOFR

+

0.854 %),

1/25/45

.........................................

United

States

65,108

65,409

2005-AR9

,

A1C3

,

FRN

,

4.729 %

,

(1-month

SOFR

+

1.074 %),

7/25/45

.........................................

United

States

138,217

136,628

15,100,637

a

a

a

a

a

a

#### Total

#### Residential

#### Mortgage-Backed

#### Securities

#### (Cost

#### $

#### 14,953,886

####)
...............

#### 15,100,637

#### Agency

#### Commercial

#### Mortgage-Backed

#### Securities

#### 6.1%

#### Financial

#### Services

#### 6.1%
FHLMC

,

g

,

F30

,

FRN

,

4.795 %

,

(30-day

SOFR

Average

+

1.15 %),

10/25/53

........................................

United

States

175,688

177,298

j

5077

,

GI

,

IO,

3.5 %

,

2/25/51

..........................

United

States

2,723,881

565,131

j

5116

,

BI

,

IO,

%

,

1/25/50

............................

United

States

3,716,551

745,735

g

5396

,

FG

,

FRN

,

4.645 %

,

(30-day

SOFR

Average

+

%),

4/25/54

.........................................

United

States

444,126

446,860

g

5466

,

FG

,

FRN

,

4.595 %

,

(30-day

SOFR

Average

+

0.95 %),

10/25/54

........................................

United

States

854,087

858,258

h

,j

FHLMC,

Multi-family

Structured

Pass-Through

Certificates

,

K098

,

X1

,

IO,

FRN

,

1.258 %

,

8/25/29

...................

United

States

2,705,383

89,108

K113

,

XAM

,

IO,

FRN

,

1.684 %

,

6/25/30

..................

United

States

2,243,000

130,936

FNMA

,

g,j

2019-42

,

SA

,

IO,

FRN

,

2.29 %

,

(-

x

30-day

SOFR

Average

+

5.936 %),

8/25/49

..................................

United

States

2,154,627

221,175

j

2021-14

,

CI

,

IO,

4.5 %

,

11/25/49

.......................

United

States

4,106,762

917,664

j

2022-13

,

CI

,

IO,

%

,

12/25/51

........................

United

States

3,792,151

564,219

j

2023-49

,

IA

,

IO,

%

,

8/25/46

.........................

United

States

329,936

42,160

g

2024-103

,

FB

,

FRN

,

4.595 %

,

(30-day

SOFR

Average

+

0.95 %),

1/25/55

.........................................

United

States

676,560

681,315

g

2024-105

,

FC

,

FRN

,

4.645 %

,

(30-day

SOFR

Average

+

%),

1/25/55

.........................................

United

States

729,528

736,257

g

2024-77

,

DF

,

FRN

,

4.845 %

,

(30-day

SOFR

Average

+

1.2 %),

10/25/53

........................................

United

States

185,465

187,773

g

2024-82

,

FE

,

FRN

,

4.595 %

,

(30-day

SOFR

Average

+

0.95 %),

11/25/54

........................................

United

States

229,043

230,165

g

2024-98

,

FA

,

FRN

,

4.795 %

,

(30-day

SOFR

Average

+

1.15 %),

12/25/53

........................................

United

States

363,668

367,242

g

2025-25

,

FB

,

FRN

,

4.595 %

,

(30-day

SOFR

Average

+

0.95 %),

4/25/55

.........................................

United

States

374,704

376,676

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

#### a
a

#### Agency

#### Commercial

#### Mortgage-Backed

#### Securities
(continued)

#### Financial

#### Services
(continued)

b

,g

FNMA

Multi-family

Connecticut

Avenue

Securities

Trust

,

2019-01

,

M10

,

144A,

FRN

,

7.01 %

,

(30-day

SOFR

Average

+

3.364 %),

10/25/49

........................................

United

States

371,811

$

377,698

GNMA

,

g,j

2010-171

,

SB

,

IO,

FRN

,

2.671 %

,

(-

x

1-month

SOFR

+

6.336 %),

12/16/40

.................................

United

States

267,368

29,317

j

2014-102

,

IG

,

IO,

3.5 %

,

3/16/41

.......................

United

States

23,557

j

2014-76

,

IO,

%

,

5/20/44

............................

United

States

159,449

32,248

h,j

2014-H12

,

BI

,

IO,

FRN

,

1.591 %

,

5/20/64

................

United

States

599,443

22,516

h,j

2014-H21

,

AI

,

IO,

FRN

,

2.115 %

,

10/20/64

...............

United

States

379,284

18,605

h,j

2015-H25

,

AI

,

IO,

FRN

,

1.681 %

,

9/20/65

................

United

States

326,187

7,013

h,j

2015-H26

,

DI

,

IO,

FRN

,

2.37 %

,

10/20/65

................

United

States

297,581

16,037

h,j

2015-H26

,

EI

,

IO,

FRN

,

1.707 %

,

10/20/65

...............

United

States

407,172

15,025

j

2016-75

,

LI

,

IO,

%

,

1/20/40

.........................

United

States

261,205

35,811

h,j

2016-H23

,

NI

,

IO,

FRN

,

2.748 %

,

10/20/66

...............

United

States

606,867

29,977

h,j

2017-H02

,

BI

,

IO,

FRN

,

2.312 %

,

1/20/67

................

United

States

545,925

22,840

h,j

2017-H04

,

BI

,

IO,

FRN

,

2.418 %

,

2/20/67

................

United

States

629,774

27,353

h,j

2017-H19

,

MI

,

IO,

FRN

,

2.05 %

,

4/20/67

.................

United

States

442,711

15,975

h,j

2020-190

,

IO,

FRN

,

1.051 %

,

11/16/62

..................

United

States

3,497,933

262,508

j

2021-117

,

MI

,

IO,

3.5 %

,

5/20/42

.......................

United

States

2,633,507

403,057

h,j

2021-17

,

IO,

FRN

,

1.053 %

,

1/16/61

....................

United

States

2,209,509

170,344

j

2021-182

,

TI

,

IO,

3.5 %

,

10/20/51

......................

United

States

2,496,023

465,514

h,j

2021-189

,

IO,

FRN

,

0.882 %

,

6/16/61

...................

United

States

4,690,338

286,639

j

2021-214

,

AI

,

IO,

%

,

12/20/51

.......................

United

States

2,818,518

558,361

j

2021-97

,

NI

,

IO,

2.5 %

,

8/20/49

........................

United

States

6,817,599

742,201

j

2022-160

,

IB

,

IO,

4.5 %

,

2/20/50

.......................

United

States

4,684,611

967,892

j

2024-186

,

IO,

%

,

9/20/51

...........................

United

States

3,089,928

454,580

j

2024-4

,

GI

,

IO,

%

,

2/20/53

..........................

United

States

1,680,321

413,866

g

2025-169

,

FC

,

FRN

,

4.64 %

,

(30-day

SOFR

Average

+

%),

10/20/55

........................................

United

States

327,022

329,203

13,042,803

a

a

a

a

a

a

#### Total

#### Agency

#### Commercial

#### Mortgage-Backed

#### Securities

#### (Cost

#### $

#### 12,646,105

####)
.......

#### 13,042,803

#### Total

#### Long

#### Term

#### Investments

#### (Cost

#### $

#### 245,427,581

####)
.............................

#### 239,031,254

#### a

#### Short

#### Term

#### Investments

#### 3.1%
a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

a

#### a
a

#### U.S.

#### Government

#### and

#### Agency

#### Securities

#### 0.7%
l,m

U.S.

Treasury

Bills

,

.56

%

,

7/16/26

......................

United

States

1,600,000

1,587,904

#### Total

#### U.S.

#### Government

#### and

#### Agency

#### Securities

#### (Cost

#### $

#### 1,588,115

####)
................

#### 1,587,904
Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

#### Short

#### Term

#### Investments
(continued)

a

a

#### Country

#### Shares
a

#### Value
a

a

#### a
a

#### Management

#### Investment

#### Companies

#### 2.4%
a,n

Putnam

Short

Term

Investment

Fund

,

Class

P

,

3.843 %

.......

United

States

5,103,022

$

5,103,022

#### Total

#### Management

#### Investment

#### Companies

#### (Cost

#### $

#### 5,103,022

####)
...................

#### 5,103,022

#### Total

#### Short

#### Term

#### Investments

#### (Cost

#### $

#### 6,691,137

####)
...............................

#### 6,690,926

#### a

#### Total

#### Investments

#### (Cost

#### $

#### 252,118,718

####)
114.0 #### %
................................

#### $245,722,180

#### TBA

#### Sale

#### Commitments

#### (1.4 ####)

#### %
..............................................

#### (#### 3,061,572

####)

#### Other

#### Assets,

#### less

#### Liabilities

#### (12.6 ####)

#### %
........................................

#### (27,246,565)

#### Net

#### Assets

#### 100.0%

#### .........................................................

#### $215,414,043

#### a

#### Principal

#### Amount

#### \*
o

#### TBA

#### Sale

#### Commitments

#### (1.4)%

#### Mortgage-Backed

#### Securities

#### (1.4)%

#### Federal

#### National

#### Mortgage

#### Association
(FNMA)

#### Fixed

#### Rate

#### (0.5)%
Uniform

Mortgage-Backed

Securities

,

TBA,

%

,

5/25/56

......

United

States

(1,090,000)

(1,022,344)

#### Government

#### National

#### Mortgage

#### Association
(GNMA)

#### Fixed

#### Rate

#### (0.9)%
GNMA

II,

Single-family,

Year

,

%

,

5/15/56

...............

United

States

(2,000,000)

(2,039,228)

#### Total

#### TBA

#### Sale

#### Commitments

#### (Proceeds

#### $

#### (#### 3,070,278

####)
.........................

#### $(3,061,572)
\*

The

principal

amount

is

stated

in

U.S.

dollars

unless

otherwise

indicated.

†

Rounds

to

less

than

0.1%

of

net

assets.

a

See

Note

(g)

regarding

investments

in

affiliated

management

investment

companies.

b

Security

was

purchased

pursuant

to

Rule

144A

or

Regulation

S

under

the

Securities

Act

of

1933. 144A

securities

may

be

sold

in

transactions

exempt

from

registration

only

to

qualified

institutional

buyers

or

in

a

public

offering

registered

under

the

Securities

Act

of

1933. Regulation

S

securities

cannot

be

sold

in

the

United

States

without

either

an

effective

registration

statement

filed

pursuant

to

the

Securities

Act

of

1933,

or

pursuant

to

an

exemption

from

registration.

At

April

30,

2026,

the

aggregate

value

of

these

securities

was

$98,636,136,

representing

45.8%

of

net

assets.

c

Perpetual

security

with

no

stated

maturity

date.

d

The

coupon

rate

shown

represents

the

rate

at

period

end.

e

Principal

amount

is

stated

in

Mexican

Peso

Units.

f

Income

may

be

received

in

additional

securities

and/or

cash.

g

The

coupon

rate

shown

represents

the

rate

inclusive

of

any

caps

or

floors,

if

applicable,

in

effect

at

period

end.

h

Adjustable

rate

security

with

an

interest

rate

that

is

not

based

on

a

published

reference

index

and

spread.

The

rate

is

based

on

the

structure

of

the

agreement

and

current

market

conditions.

The

coupon

rate

shown

represents

the

rate

at

period

end.

i

A

portion

or

all

of

the

security

purchased

on

a

delayed

delivery

basis.

See

Note

(d).

j

Investment

in

an

interest-only

security

entitles

holders

to

receive

only

the

interest

payment

on

the

underlying

instruments.

The

principal

amount

shown

is

the

notional

amount

of

the

underlying

instruments.

k

Security

purchased

on

a

to-be-announced

(TBA)

basis.

See

Note

(d).

l

The

rate

shown

represents

the

yield

at

period

end.

m

A

portion

or

all

of

the

security

has

been

segregated

as

collateral

for

certain

derivative

contracts.

At

April

30,

2026,

the

value

of

this

security

pledged

amounted

to

$1,246,008,

representing

0.6%

of

net

assets.

n

The

rate

shown

is

the

annualized

seven-day

effective

yield

at

period

end.

o

Security

sold

on

a

to-be-announced

(TBA)

basis

resulting

in

a

short

position.

As

such,

the

Fund

is

not

subject

to

fees

and

expenses

associated

with

short

sale

transactions.

See

Note

(d).

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

At

April

30,

2026

,

the

Fund

had

the

following futures

contracts

outstanding.

See

Note

(e).

At

April

30,

2026

,

the

Fund

had

the

following

forward

exchange

contracts

outstanding.

See

Note

1(e)

.

#### Futures

#### Contracts

#### Description

#### Type

#### Number

#### of

#### Contracts

#### Notional

#### Amount

#### \*

#### Expiration

#### Date

#### Value/

#### Unrealized

#### Appreciation
(Depreciation)

#### Interest

#### rate

#### contracts
Australia

Year

Bonds

.......................

Long

$

77,080

6/15/26

$

(762)

Australia

Year

Bonds

........................

Long

74,423

6/15/26

(455)

Canada

Year

Bonds

........................

Long

3,157,272

6/19/26

(87,094)

Euro-Bobl

..................................

Long

677,489

6/08/26

(9,557)

Euro-Bund

.................................

Long

1,177,030

6/08/26

(23,587)

Euro-Buxl

..................................

Long

895,331

6/08/26

(21,530)

Euro-Schatz

................................

Long

868,794

6/08/26

(6,817)

Japan

Year

Bonds

.........................

Short

4,128,262

6/15/26

79,802

Long

Gilt

...................................

Long

3,652,648

6/26/26

(244,477)

U.S.

Treasury

Year

Notes

....................

Long

3,317,812

6/18/26

(79,266)

U.S.

Treasury

Year

Ultra

Notes

................

Long

902,875

6/18/26

(25,577)

U.S.

Treasury

Year

Notes

.....................

Short

3,728,250

6/30/26

33,021

U.S.

Treasury

Year

Notes

.....................

Long

4,313,438

6/30/26

(76,908)

U.S.

Treasury

Long

Bonds

.....................

Long

1,579,812

6/18/26

(67,249)

U.S.

Treasury

Ultra

Bonds

......................

Long

1,610,438

6/18/26

(77,699)

Total

Futures

Contracts

......................................................................

$(608,155)

\*

As

of

period

end.

#### Forward

#### Exchange

#### Contracts

#### Currency

#### Counter-

#### party

#### a

#### Type

#### Quantity

#### Contract

#### Amount

#### \*

#### Settlement

#### Date

#### Unrealized

#### Appreciation

#### Unrealized

#### Depreciation

#### a

#### OTC

#### Forward

#### Exchange

#### Contracts
Chinese

Yuan

......

CITI

Sell

2,338,600

340,913

5/20/26

$

—

$

(1,832)

Chinese

Yuan

......

JPHQ

Buy

6,208,400

903,282

5/20/26

6,619

—

Chinese

Yuan

......

JPHQ

Sell

2,418,900

351,934

5/20/26

—

(2,579)

Chinese

Yuan

......

WPAC

Buy

146,054,700

21,250,440

5/20/26

155,294

—

Chinese

Yuan

......

WPAC

Sell

73,330,700

10,669,356

5/20/26

—

(77,970)

Indonesian

Rupiah

..

GSCO

Buy

13,374,158,000

794,662

5/20/26

—

(22,184)

Indonesian

Rupiah

..

GSCO

Sell

6,815,649,400

404,970

5/20/26

11,305

—

Japanese

Yen

......

BOFA

Buy

115,762,000

735,512

5/20/26

8,145

(3,175)

Japanese

Yen

......

GSCO

Buy

93,184,000

605,504

5/20/26

—

(9,444)

Japanese

Yen

......

HSBK

Buy

125,259,900

798,053

5/20/26

6,189

(3,006)

Japanese

Yen

......

HSBK

Sell

197,309,400

1,256,102

5/20/26

5,445

(11,449)

Japanese

Yen

......

JPHQ

Sell

640,525,000

4,161,917

5/20/26

64,745

—

Japanese

Yen

......

MSCO

Buy

29,592,800

192,317

5/20/26

—

(3,024)

Japanese

Yen

......

MSCO

Sell

636,780,400

4,138,286

5/20/26

65,067

—

Japanese

Yen

......

SSBT

Sell

15,470,400

100,523

5/20/26

1,565

—

Japanese

Yen

......

TDOM

Buy

33,318,700

216,537

5/20/26

—

(3,412)

Japanese

Yen

......

TDOM

Sell

37,300,500

242,415

5/20/26

3,819

—

Japanese

Yen

......

UBSW

Buy

4,651,300

30,219

5/20/26

—

(467)

Singapore

Dollar

....

HSBK

Buy

591,200

470,178

5/20/26

—

(5,155)

Singapore

Dollar

....

HSBK

Sell

278,700

221,649

5/20/26

2,430

—

South

Korean

Won

..

GSCO

Buy

419,556,300

288,851

5/20/26

—

(3,948)

South

Korean

Won

..

JPHQ

Buy

2,991,339,800

2,058,875

5/20/26

—

(27,582)

South

Korean

Won

..

JPHQ

Sell

1,582,624,800

1,089,287

5/20/26

14,593

—

Thai

Baht

.........

SSBT

Sell

16,563,600

535,537

5/20/26

26,731

—

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

#### Forward

#### Exchange

#### Contracts
(continued)

#### Currency

#### Counter-

#### party

#### a

#### Type

#### Quantity

#### Contract

#### Amount\*

#### Settlement

#### Date

#### Unrealized

#### Appreciation

#### Unrealized

#### Depreciation

#### a

#### OTC

#### Forward

#### Exchange

#### Contracts
(continued)

British

Pound

......

HSBK

Buy

5,375,400

7,137,246

6/17/26

$

176,700

$

—

British

Pound

......

HSBK

Sell

3,803,500

5,061,088

6/17/26

—

(114,079)

Czech

Koruna

......

HSBK

Buy

7,216,000

339,272

6/17/26

8,235

—

Czech

Koruna

......

HSBK

Sell

2,795,900

131,454

6/17/26

—

(3,191)

Danish

Krone

......

MSCO

Buy

562,400

86,848

6/17/26

1,705

—

Danish

Krone

......

MSCO

Sell

1,366,700

211,052

6/17/26

—

(4,144)

Euro

.............

BOFA

Sell

410,600

473,459

6/17/26

—

(9,449)

Euro

.............

BZWS

Buy

547,000

641,010

6/17/26

2,318

—

Euro

.............

BZWS

Sell

824,500

966,203

6/17/26

—

(3,494)

Euro

.............

HSBK

Buy

14,528,100

16,750,681

6/17/26

335,860

—

Euro

.............

HSBK

Sell

21,719,900

25,042,719

6/17/26

—

(502,119)

Euro

.............

JPHQ

Buy

1,035,000

1,194,049

6/17/26

23,218

—

Euro

.............

MSCO

Sell

1,075,200

1,244,843

6/17/26

—

(19,702)

Euro

.............

SSBT

Buy

1,262,000

1,484,008

6/17/26

—

Euro

.............

SSBT

Sell

543,700

639,346

6/17/26

—

(101)

Euro

.............

TDOM

Sell

277,600

320,064

6/17/26

—

(6,422)

Euro

.............

UBSW

Buy

1,347,900

1,554,109

6/17/26

31,161

—

Euro

.............

UBSW

Sell

1,998,100

2,309,716

6/17/26

—

(40,256)

Hungarian

Forint

....

BOFA

Buy

33,688,000

98,287

6/17/26

9,991

—

Hungarian

Forint

....

BOFA

Sell

17,449,200

50,909

6/17/26

—

(5,175)

Norwegian

Krone

...

MSCO

Sell

5,574,400

572,825

6/17/26

—

(28,543)

Polish

Zloty

........

MSCO

Buy

147,300

39,582

6/17/26

1,051

—

Polish

Zloty

........

MSCO

Sell

911,300

244,883

6/17/26

—

(6,502)

Romanian

New

Leu

.

HSBK

Buy

687,600

153,843

6/17/26

996

—

Romanian

New

Leu

.

HSBK

Sell

342,900

76,720

6/17/26

—

(496)

Swedish

Krona

.....

MSCO

Sell

6,652,900

713,508

6/17/26

—

(8,787)

Swiss

Franc

.......

SSBT

Buy

288,000

369,664

6/17/26

741

—

Swiss

Franc

.......

UBSW

Buy

656,400

842,587

6/17/26

1,628

—

Swiss

Franc

.......

UBSW

Sell

483,300

620,388

6/17/26

—

(1,198)

Australian

Dollar

....

BOFA

Buy

237,900

168,302

7/15/26

2,731

—

Australian

Dollar

....

BOFA

Sell

639,600

452,485

7/15/26

—

(7,342)

Australian

Dollar

....

CITI

Buy

79,300

56,100

7/15/26

911

—

Australian

Dollar

....

GSCO

Buy

32,700

23,139

7/15/26

—

Australian

Dollar

....

JPHQ

Buy

96,900

68,569

7/15/26

1,095

—

Australian

Dollar

....

MSCO

Buy

75,100

53,144

7/15/26

848

—

Australian

Dollar

....

MSCO

Sell

301,100

213,070

7/15/26

—

(3,399)

Australian

Dollar

....

SSBT

Buy

282,400

199,845

7/15/26

3,180

—

Australian

Dollar

....

SSBT

Sell

1,161,900

822,238

7/15/26

—

(13,084)

Australian

Dollar

....

TDOM

Buy

11,500

8,137

7/15/26

—

Australian

Dollar

....

UBSW

Buy

447,100

316,379

7/15/26

5,054

—

Australian

Dollar

....

WPAC

Buy

298,800

211,444

7/15/26

3,371

—

Australian

Dollar

....

WPAC

Sell

197,000

139,406

7/15/26

—

(2,223)

Canadian

Dollar

....

BOFA

Buy

167,700

121,989

7/15/26

1,856

—

Canadian

Dollar

....

BOFA

Sell

1,869,600

1,359,986

7/15/26

—

(20,690)

Canadian

Dollar

....

BZWS

Sell

304,700

221,602

7/15/26

—

(3,415)

Canadian

Dollar

....

CITI

Buy

1,590,300

1,159,736

7/15/26

14,680

—

Canadian

Dollar

....

CITI

Sell

2,381,200

1,738,471

7/15/26

—

(20,016)

Canadian

Dollar

....

GSCO

Sell

163,900

120,236

7/15/26

—

(803)

Canadian

Dollar

....

HSBK

Buy

5,369,500

3,905,261

7/15/26

60,047

—

Canadian

Dollar

....

JPHQ

Buy

18,900

13,746

7/15/26

—

Canadian

Dollar

....

MSCO

Sell

216,800

157,664

7/15/26

—

(2,440)

Canadian

Dollar

....

SSBT

Buy

161,700

117,620

7/15/26

1,793

—

Canadian

Dollar

....

SSBT

Sell

508,300

369,736

7/15/26

—

(5,637)

Canadian

Dollar

....

TDOM

Buy

146,400

106,485

7/15/26

1,629

—

Canadian

Dollar

....

UBSW

Buy

676,900

492,388

7/15/26

7,494

—

Israeli

New

Shekel

..

BOFA

Sell

225,800

74,388

7/15/26

—

(2,260)

Israeli

New

Shekel

..

SSBT

Buy

605,900

199,471

7/15/26

6,204

—

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

At

April

30,

2026,

the

Fund

had

the

following forward

premium

swap

options contracts

outstanding.

See

Note

1(e).

#### Forward

#### Exchange

#### Contracts
(continued)

#### Currency

#### Counter-

#### party

#### a

#### Type

#### Quantity

#### Contract

#### Amount\*

#### Settlement

#### Date

#### Unrealized

#### Appreciation

#### Unrealized

#### Depreciation

#### a

#### OTC

#### Forward

#### Exchange

#### Contracts
(continued)

Israeli

New

Shekel

..

SSBT

Sell

217,200

71,505

7/15/26

$

—

$

(2,224)

Mexican

Peso

......

BOFA

Sell

3,509,400

201,435

7/15/26

1,776

—

Mexican

Peso

......

HSBK

Buy

395,400

22,694

7/15/26

—

(199)

Mexican

Peso

......

MSCO

Sell

1,995,800

114,560

7/15/26

1,013

—

Mexican

Peso

......

TDOM

Buy

2,680,100

153,834

7/15/26

—

(1,356)

Mexican

Peso

......

UBSW

Buy

1,767,000

101,421

7/15/26

—

(892)

New

Zealand

Dollar

.

BOFA

Sell

199,900

117,475

7/15/26

—

(897)

New

Zealand

Dollar

.

MSCO

Sell

335,300

197,049

7/15/26

—

(1,500)

New

Zealand

Dollar

.

SSBT

Sell

200,300

117,713

7/15/26

—

(895)

New

Zealand

Dollar

.

UBSW

Sell

37,300

21,919

7/15/26

—

(168)

New

Zealand

Dollar

.

WPAC

Sell

97,200

57,128

7/15/26

—

(429)

Total

Forward

Exchange

Contracts

...................................................

$1,080,180

$(1,018,754)

Net

unrealized

appreciation

(depreciation)

............................................

$61,426

\*

In

U.S.

dollars

unless

otherwise

indicated.

a

May

be

comprised

of

multiple

contracts

with

the

same

counterparty,

currency

and

settlement

date.

#### Forward

#### Premium

#### Swap

#### Option

#### Contracts

#### Fixed

#### right

#### or

#### obligation

#### to

#### receive

#### or

#### (pay)/

#### Floating

#### rate

#### index/Maturity

#### date

#### Counter

#### par

#### t

#### y

#### Expiration

#### date/strike

#### Notional/

#### Contract

#### amount

#### \*

#### Premium

#### receivable/
(payable)

#### Unrealized

#### appreciation/
(depreciation)

#### a
3.725%/1-day

SOFR/Nov-36/(Purchased)

BOFA

11/23/26

/

3.725%

2,565,500

$

125,453

$

(97,764)

(4.225%)/1-day

SOFR/Nov-36/(Purchased)

BOFA

11/23/26

/

4.225%

2,565,500

131,353

(98,197)

(3.428%)/1-day

SOFR/Aug-37/(Purchased)

BOFA

8/13/27

/

3.428%

658,500

37,897

3,401

3.428%/1-day

SOFR/Aug-37/(Purchased)

BOFA

8/13/27

/

3.428%

658,500

37,897

(29,199)

4.2%/1-day

SOFR/Aug-60/(Purchased)

BOFA

8/26/30

/

4.2%

175,900

21,935

(3,731)

(4.2%)/1-day

SOFR/Aug-60/(Purchased)

BOFA

8/26/30

/

4.2%

175,900

21,935

(1,279)

(4.608%)/1-day

SOFR/May-56/(Purchased)

CITI

5/26/26

/

4.608%

729,800

26,492

(26,159)

4.33%/1-day

SOFR/May-52/(Purchased)

DBAB

5/19/32

/

4.33%

65,400

8,191

(1,732)

(4.33%)/1-day

SOFR/May-52/(Purchased)

DBAB

5/19/32

/

4.33%

65,400

8,191

(710)

2.35%/1-day

SOFR/Mar-59/(Purchased)

GSCO

3/12/29

/

2.35%

2,033,100

118,530

(91,984)

(2.495%)/6-month

AUD

BBR/Nov-46/

(Purchased)

JPHQ

11/23/26

/

2.495%

AUD

1,458,600

90,476

266,913

2.495%/6-month

AUD

BBR/Nov-46/

(Purchased)

JPHQ

11/23/26

/

2.495%

AUD

1,458,600

90,476

(88,218)

(4.13%)/1-day

SOFR/Dec-57/(Purchased)

JPHQ

12/09/27

/

4.13%

640,500

50,183

(2,088)

4.13%/1-day

SOFR/Dec-57/(Purchased)

JPHQ

12/09/27

/

4.13%

640,500

50,183

(13,488)

2.452%/6-month

EURIBOR/Feb-48/

(Purchased)

JPHQ

1/31/28

/

2.452%

EUR

1,131,300

88,330

(65,786)

(2.452%)/6-month

EURIBOR/Feb-48/

(Purchased)

JPHQ

1/31/28

/

2.452%

EUR

1,131,300

88,330

90,385

1.201%/6-month

EURIBOR/Apr-39/

(Purchased)

JPHQ

4/11/29

/

1.201%

EUR

1,958,200

38,868

(29,930)

(4.201%)/6-month

EURIBOR/Apr-39/

(Purchased)

JPHQ

4/11/29

/

4.201%

EUR

1,958,200

48,952

(5,800)

(1.445%)/6-month

AUD

BBR/Mar-40/

(Purchased)

JPHQ

3/27/30

/

1.445%

AUD

261,200

9,989

39,840

1.445%/6-month

AUD

BBR/Mar-40/

(Purchased)

JPHQ

3/27/30

/

1.445%

AUD

261,200

9,989

(8,003)

4.2%/1-day

SOFR/Feb-39/(Purchased)

MCM

2/05/29

/

4.2%

1,690,000

75,205

—

(4.2%)/1-day

SOFR/Feb-39/(Purchased)

MCM

2/05/29

/

4.2%

1,690,000

75,205

1,460

4.01%/1-day

SOFR/Mar-52/(Purchased)

MCM

3/29/32

/

4.01%

117,800

14,124

(4,626)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

At

April

30,

2026

,

the

Fund

had

the

following credit

default

swap

contracts outstanding.

See

Note

(e).

#### Forward

#### Premium

#### Swap

#### Option

#### Contracts
(continued)

#### Fixed

#### right

#### or

#### obligation

#### to

#### receive

#### or

#### (pay)/

#### Floating

#### rate

#### index/Maturity

#### date

#### Counter

#### party

#### Expiration

#### date/strike

#### Notional/

#### Contract

#### amount

#### \*

#### Premium

#### receivable/
(payable)

#### Unrealized

#### appreciation/
(depreciation)

#### a
(4.01%)/1-day

SOFR/Mar-52/(Purchased)

MCM

3/29/32

/

4.01%

117,800

$

14,124

$

1,150

(2.952%)/6-month

EURIBOR/Jun-49/

(Purchased)

MSCO

6/18/29

/

2.952%

EUR

1,685,000

134,324

59,207

(4.825%)/1-day

SOFR/May-57/(Purchased)

NATW

4/30/27

/

4.825%

1,008,800

36,518

(17,462)

(2%)/6-month

AUD

BBR/Sep-46/(Purchased)

UBSW

9/10/36

/

2%

AUD

975,900

51,763

82,427

2%/6-month

AUD

BBR/Sep-46/(Purchased)

UBSW

9/10/36

/

2%

AUD

975,900

51,763

(29,390)

(2.7%)/6-month

AUD

BBR/Apr-47/(Purchased)

UBSW

4/01/37

/

2.7%

AUD

1,140,000

69,163

63,164

2.7%/6-month

AUD

BBR/Apr-47/(Purchased)

UBSW

4/01/37

/

2.7%

AUD

1,140,000

69,164

(36,625)

#### Unrealized

#### appreciation

#### 607,947

#### Unrealized
(depreciation)

#### (652,171)

#### Total

#### $(44,224)
\*

In

U.S.

dollars

unless

otherwise

indicated.

#### Credit

#### Default

#### Swap

#### Contracts

#### Description

#### Periodic

#### Payment

#### Rate

#### Received
(Paid)

#### Payment

#### Frequency

#### Counter-

#### party

#### Maturity

#### Date

#### Notional

#### Amount

#### a

#### Value

#### Upfront

#### Payments
(Receipts)

#### Unrealized

#### Appreciation
(Depreciation)

#### Rating

#### b

#### Centrally

#### Cleared

#### Swap

#### Contracts

#### to

#### Buy

#### Protection

#### c

#### Traded

#### Index
iTraxx

Europe

Main

....

(1.00)%

Quarterly

6/20/31

2,810,000

EUR

$

(67,700)

$

(41,451)

$

(26,249)

#### Contracts

#### to

#### Sell

#### Protection

#### c,d

#### Traded

#### Index
CDX.NA.IG.46

..

1.00%

Quarterly

6/20/31

3,230,000

71,613

51,256

20,357

Investment

Grade

Total

Centrally

Cleared

Swap

Contracts

.....................................

$3,913

$9,805

$(5,892)

#### OTC

#### Swap

#### Contracts

#### to

#### Buy

#### Protection

#### c

#### Traded

#### Index
CMBX.NA.BBB-.7

(3.00)%

Monthly

MLCO

1/17/47

16,000

602

1,311

(709)

#### Contracts

#### to

#### Sell

#### Protection

#### c,d

#### Traded

#### Index
CMBX.NA.BBB-.7

3.00%

Monthly

JPHQ

1/17/47

16,000

(602)

(3,756)

3,154

Investment

Grade

Total

OTC

Swap

Contracts

..............................................

$—

$(2,445)

$2,445

Total

Credit

Default

Swap

Contracts

....................................

$3,913

$

7,360

$(3,447)

a

In

U.S.

dollars

unless

otherwise

indicated.

For

contracts

to

sell

protection,

the

notional

amount

is

equal

to

the

maximum

potential

amount

of

the

future

payments

and

no

recourse

provisions

have

been

entered

into

in

association

with

the

contracts.

b

Based

on

Standard

and

Poor's

(S&P)

Rating

for

single

name

swaps

and

internal

ratings

for

index

swaps.

Internal

ratings

based

on

mapping

into

equivalent

ratings

from

external

vendors.

c

Performance

triggers

for

settlement

of

contract

include

default,

bankruptcy

or

restructuring

for

single

name

swaps,

and

failure

to

pay

or

bankruptcy

of

the

underlying

securities

for

traded

index

swaps.

d

The

fund

enters

contracts

to

sell

protection

to

create

a

long

credit

position.

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

At

April

30,

2026

,

the

Fund

had

the

following

interest

rate

swap

contracts

outstanding.

See

Note

(e).

#### Interest

#### Rate

#### Swap

#### Contracts

#### Description

#### Payment

#### Frequency

#### Maturity

#### Date

#### Notional

#### Amount

#### \*

#### Value

#### Upfront

#### Payments
(Receipts)

#### Unrealized

#### Appreciation
(Depreciation)

aa

#### aa

#### Centrally

#### Cleared

#### Swap

#### Contracts
Receive

Floating

1-day

SOFR

..............

Annual

Pay

Fixed

3.3%

.....

Annual

3/18/28

20,827,000

$

175,866

$

(19,081)

$

194,947

Receive

Floating

1-day

REPO_CORRA

.......

Semi-Annual

Pay

Fixed

2.75%

....

Semi-Annual

6/17/28

3,318,000

CAD

6,728

6,598

Receive

Floating

1-day

SOFR

..............

Annual

Pay

Fixed

3.5%

.....

Annual

6/17/28

3,800,000

15,826

15,826

—

Receive

Fixed

2.7%

...

Annual

Pay

Floating

6-month

EURIBOR

.........

Semi-Annual

6/17/28

9,360,000

EUR

(39,985)

(18,662)

(21,323)

Receive

Floating

3-month

AUD

BBR

...........

Quarterly

Pay

Fixed

4.6%

.....

Quarterly

6/17/28

2,366,500

AUD

3,895

3,589

Receive

Fixed

4.05%

..

Annual

Pay

Floating

1-day

SONIA

...........

Annual

6/17/28

920,000

GBP

(6,903)

(5,862)

(1,041)

Receive

Floating

1-day

SOFR

..............

Annual

Pay

Fixed

3.45%

....

Annual

3/18/31

24,999,000

314,394

53,774

260,620

Receive

Fixed

1.65%

..

Quarterly

Pay

Floating

1-week

CNY-Fixing

Repo

Rate

Quarterly

6/17/31

139,401,000

CNY

89,019

55,011

34,008

Receive

Floating

1-day

SOFR

..............

Annual

Pay

Fixed

3.55%

....

Annual

6/17/31

5,089,000

42,981

26,224

16,757

Receive

Fixed

2.95%

..

Semi-Annual

Pay

Floating

1-day

REPO_CORRA

.....

Semi-Annual

6/17/31

5,611,000

CAD

(15,178)

(24,199)

9,021

Receive

Fixed

4.15%

..

Annual

Pay

Floating

1-day

SONIA

...........

Annual

6/17/31

2,868,000

GBP

(26,615)

(15,920)

(10,695)

Receive

Fixed

4.9%

...

Semi-Annual

Pay

Floating

6-month

AUD

BBR

.........

Semi-Annual

6/17/31

1,694,000

AUD

(2,707)

1,240

(3,947)

Receive

Floating

6-month

EURIBOR

...........

Semi-Annual

Pay

Fixed

2.8%

.....

Annual

6/17/31

868,000

EUR

4,790

8,927

(4,137)

Receive

Fixed

3.75%

..

Annual

Pay

Floating

1-day

SOFR

............

Annual

3/18/36

2,245,000

(36,858)

7,211

(44,069)

Receive

Fixed

0.65%

..

Annual

Pay

Floating

1-day

SARON

..........

Annual

6/17/36

1,191,000

CHF

5,147

5,523

(376)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

#### Interest

#### Rate

#### Swap

#### Contracts
(continued)

#### Description

#### Payment

#### Frequency

#### Maturity

#### Date

#### Notional

#### Amount\*

#### Value

#### Upfront

#### Payments
(Receipts)

#### Unrealized

#### Appreciation
(Depreciation)

aa

#### aa

#### Centrally

#### Cleared

#### Swap

#### Contracts
(continued)

Receive

Floating

1-day

REPO_CORRA

.......

Semi-Annual

Pay

Fixed

3.3%

.....

Semi-Annual

6/17/36

4,974,000

CAD

$

7,459

$

(4,517)

$

11,976

Receive

Floating

1-day

SOFR

..............

Annual

Pay

Fixed

3.8%

.....

Annual

6/17/36

3,784,000

51,780

43,198

8,582

Receive

Floating

1-day

SONIA

.............

Annual

Pay

Fixed

4.4%

.....

Annual

6/17/36

809,000

GBP

14,059

13,849

Receive

Fixed

3.05%

..

Annual

Pay

Floating

6-month

EURIBOR

.........

Semi-Annual

6/17/36

7,170,000

EUR

(27,705)

(71,977)

44,272

Receive

Fixed

3.65%

..

Quarterly

Pay

Floating

3-month

CD_KSDA

.........

Quarterly

6/17/36

3,210,895,000

KRW

(36,441)

(1,879)

(34,562)

Receive

Floating

3-month

AUD

BBR

...........

Quarterly

Pay

Fixed

4.4%

.....

Semi-Annual

6/17/36

1,465,000

NZD

1,052

1,327

(275)

Receive

Floating

3-month

STIBOR

............

Quarterly

Pay

Fixed

3%

......

Annual

6/17/36

1,342,000

SEK

931

1,132

(201)

Receive

Floating

6-month

AUD

BBR

...........

Semi-Annual

Pay

Fixed

5.05%

....

Semi-Annual

6/17/36

1,133,000

AUD

4,482

3,155

1,327

Receive

Floating

6-month

NIBOR

.............

Semi-Annual

Pay

Fixed

4.4%

.....

Annual

6/17/36

32,675,000

NOK

14,579

2,888

11,691

Receive

Fixed

4.1%

...

Annual

Pay

Floating

1-day

SOFR

............

Annual

3/18/56

3,564,000

(67,048)

(49,189)

(17,859)

Receive

Fixed

3.15%

..

Annual

Pay

Floating

6-month

EURIBOR

.........

Semi-Annual

6/17/56

857,000

EUR

(2,395)

(5,774)

3,379

Receive

Fixed

3.6%

...

Semi-Annual

Pay

Floating

1-day

REPO_CORRA

.....

Semi-Annual

6/17/56

1,093,000

CAD

(1,895)

(4,672)

2,777

Receive

Fixed

4.8%

...

Annual

Pay

Floating

1-day

SONIA

...........

Annual

6/17/56

311,000

GBP

(10,352)

(456)

(9,896)

Receive

Fixed

5.1%

...

Semi-Annual

Pay

Floating

6-month

AUD

BBR

.........

Semi-Annual

6/17/56

1,295,000

AUD

(1,564)

2,941

(4,505)

Total

Interest

Rate

Swap

Contracts

.................................

$477,342

$

16,586

$460,756

\*

In

U.S.

dollars

unless

otherwise

indicated.

See

Note

regarding

other

derivative

information.

See

A

bbreviations

on

.

Putnam

Global

Income

Trust

Financial

Statements

Statement

of

Assets

and

Liabilities

April

30,

2026

(unaudited)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

#### Putnam

#### Global

#### Income

#### Trust
Assets:

Investments

in

securities:

Cost

-

Unaffiliated

issuers

...................................................................

$241,613,972

Cost

-

Non-controlled

affiliates

(Note

g)

........................................................

10,504,746

Value

-

Unaffiliated

issuers

..................................................................

$235,183,863

Value

-

Non-controlled

affiliates

(Note

g)

.......................................................

10,538,317

Cash

....................................................................................

1,286,547

Foreign

currency,

at

value

(cost

$72,603)

.........................................................

72,679

Receivables:

Investment

securities

sold

...................................................................

5,983

Receivable

for

sales

of

TBA

securities

(Note

d)

..................................................

3,070,278

Capital

shares

sold

........................................................................

510,670

Dividends

and

interest

.....................................................................

1,351,357

Deposits

with

brokers

for:

Centrally

cleared

swap

contracts

............................................................

1,312,999

Variation

margin

on

futures

contracts

...........................................................

68,990

OTC

swap

contracts

(upfront

payments)

..........................................................

1,311

Unrealized

appreciation

on

OTC

forward

exchange

contracts

..........................................

1,080,180

Unrealized

appreciation

on

forward

premium

swap

option

contracts

.....................................

607,947

Unrealized

appreciation

on

OTC

swap

contracts

....................................................

3,154

Prepaid

expenses

..........................................................................

90,068

Total

assets

..........................................................................

255,184,343

Liabilities:

Payables:

Investment

securities

purchased

..............................................................

1,172,455

Payable

for

purchases

of

TBA

securities

(Note

d)

................................................

32,826,836

Capital

shares

redeemed

...................................................................

362,283

Management

fees

.........................................................................

50,089

Distribution

fees

..........................................................................

16,144

Transfer

agent

fees

........................................................................

64,299

Trustees'

fees

and

expenses

.................................................................

60,956

Variation

margin

on

centrally

cleared

swap

contracts

...............................................

73,355

Deposits

from

brokers

for:

OTC

derivative

contracts

..................................................................

310,000

OTC

swap

contracts

(upfront

receipts)

...........................................................

3,756

Unrealized

depreciation

on

OTC

swap

contracts

....................................................

709

Unrealized

depreciation

on

OTC

forward

exchange

contracts

..........................................

1,018,754

Unrealized

depreciation

on

forward

premium

swap

option

contracts

.....................................

652,171

TBA

sale

commitments,

at

value

(proceeds

$3,070,278)

(Note

1d)

......................................

3,061,572

Accrued

expenses

and

other

liabilities

...........................................................

96,921

Total

liabilities

.........................................................................

39,770,300

Net

assets,

at

value

.................................................................

$215,414,043

Net

assets

consist

of:

Paid-in

capital

.............................................................................

$253,470,358

Total

distributable

earnings

(losses)

.............................................................

(38,056,315)

Net

assets,

at

value

.................................................................

$215,414,043

Putnam

Global

Income

Trust

Financial

Statements

Statement

of

Assets

and

Liabilities

(continued)

April

30,

2026

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

#### Putnam

#### Global

#### Income

#### Trust

#### Class

#### A:
Net

assets,

at

value

.......................................................................

$69,496,204

Shares

outstanding

........................................................................

6,955,967

Net

asset

value

per

share

a,b

..................................................................

$9.99

Maximum

offering

price

per

share

(net

asset

value

per

share

÷

96.00%)

b

................................

$10.41

#### Class

#### C:
Net

assets,

at

value

.......................................................................

$1,649,903

Shares

outstanding

........................................................................

166,018

Net

asset

value

and

maximum

offering

price

per

share

a,b

............................................

$9.94

#### Class

#### R:
Net

assets,

at

value

.......................................................................

$1,022,365

Shares

outstanding

........................................................................

102,402

Net

asset

value

and

maximum

offering

price

per

share

b

.............................................

$9.98

#### Class

#### R5:
Net

assets,

at

value

.......................................................................

$63,850

Shares

outstanding

........................................................................

6,393

Net

asset

value

and

maximum

offering

price

per

share

b

.............................................

$9.99

#### Class

#### R6:
Net

assets,

at

value

.......................................................................

$14,126,068

Shares

outstanding

........................................................................

1,415,068

Net

asset

value

and

maximum

offering

price

per

share

b

.............................................

$9.98

#### Class

#### Y:
Net

assets,

at

value

.......................................................................

$129,055,653

Shares

outstanding

........................................................................

12,924,014

Net

asset

value

and

maximum

offering

price

per

share

b

.............................................

$9.99

a

Redemption

price

is

equal

to

net

asset

value

less

contingent

deferred

sales

charges,

if

applicable.

b

Net

asset

value

per

share

may

not

recalculate

due

to

rounding.

Putnam

Global

Income

Trust

Financial

Statements

Statement

of

Operations

for

the

six

months

ended

April

30,

2026

(unaudited)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

#### Putnam

#### Global

#### Income

#### Trust
Investment

income:

Dividends:

Non-controlled

affiliates

(Note

g)

.............................................................

$304,350

Interest:

Unaffiliated

issuers

........................................................................

4,299,925

Total

investment

income

...................................................................

4,604,275

Expenses:

Management

fees

(Note

a)

...................................................................

556,950

Administrative

fees

(Note

b)

..................................................................

1,826

Distribution

fees:

(Note

3c)

&nbsp;&nbsp;&nbsp;&nbsp;Class

A

................................................................................

87,863

&nbsp;&nbsp;&nbsp;&nbsp;Class

C

................................................................................

8,107

&nbsp;&nbsp;&nbsp;&nbsp;Class

R

................................................................................

2,629

Transfer

agent

fees:

(Note

3e)

&nbsp;&nbsp;&nbsp;&nbsp;Class

A

................................................................................

72,162

&nbsp;&nbsp;&nbsp;&nbsp;Class

C

................................................................................

1,659

&nbsp;&nbsp;&nbsp;&nbsp;Class

R

................................................................................

1,071

&nbsp;&nbsp;&nbsp;&nbsp;Class

R5

...............................................................................

&nbsp;&nbsp;&nbsp;&nbsp;Class

R6

...............................................................................

3,586

&nbsp;&nbsp;&nbsp;&nbsp;Class

Y

................................................................................

130,491

Custodian

fees

.............................................................................

2,546

Reports

to

shareholders

fees

..................................................................

22,011

Registration

and

filing

fees

....................................................................

45,535

Professional

fees

...........................................................................

76,098

Trustees'

fees

and

expenses

(Note

f)

...........................................................

4,393

Other

....................................................................................

3,845

Total

expenses

.........................................................................

1,020,802

Expense

reductions

(Note

4)

...............................................................

(1,280)

Expenses

waived/paid

by

affiliates

(Note

g

and

h)

..............................................

(255,018)

Net

expenses

.........................................................................

764,504

Net

investment

income

................................................................

3,839,771

Putnam

Global

Income

Trust

Financial

Statements

Statement

of

Operations

(continued)

for

the

six

months

ended

April

30,

2026

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

#### Putnam

#### Global

#### Income

#### Trust
Realized

and

unrealized

gains

(losses):

Net

realized

gain

(loss)

from:

Investments:

Unaffiliated

issuers

......................................................................

267,522

Foreign

currency

transactions

................................................................

(22,555)

Forward

exchange

contracts

.................................................................

887,412

Forward

premium

swap

option

contracts

........................................................

(44,507)

Futures

contracts

.........................................................................

633,118

TBA

sale

commitments

.....................................................................

144,632

Swap

contracts

...........................................................................

(846,159)

Net

realized

gain

(loss)

..................................................................

1,019,463

Net

change

in

unrealized

appreciation

(depreciation)

on:

Investments:

Unaffiliated

issuers

......................................................................

(2,795,623)

Non-controlled

affiliates

(Note

g)

...........................................................

(13,034)

Translation

of

other

assets

and

liabilities

denominated

in

foreign

currencies

..............................

(31,702)

Forward

exchange

contracts

.................................................................

(473,320)

Forward

premium

swap

option

contracts

........................................................

117,452

Futures

contracts

.........................................................................

(1,051,289)

TBA

sale

commitments

.....................................................................

15,885

Swap

contracts

...........................................................................

607,119

Net

change

in

unrealized

appreciation

(depreciation)

............................................

(3,624,512)

Net

realized

and

unrealized

gain

(loss)

............................................................

(2,605,049)

Net

increase

(decrease)

in

net

assets

resulting

from

operations

..........................................

$1,234,722

Putnam

Global

Income

Trust

Financial

Statements

Statements

of

Changes

in

Net

Assets

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

#### Putnam

#### Global

#### Income

#### Trust

#### Six

#### Months

#### Ended

#### April

#### 30,

#### 2026
(unaudited)

#### Year

#### Ended

#### October

#### 31,

#### 2025
Increase

(decrease)

in

net

assets:

Operations:

Net

investment

income

.................................................

$3,839,771

$8,079,558

Net

realized

gain

(loss)

.................................................

1,019,463

(920,913)

Net

change

in

unrealized

appreciation

(depreciation)

...........................

(3,624,512)

4,105,587

Net

increase

(decrease)

in

net

assets

resulting

from

operations

................

1,234,722

11,264,232

Distributions

to

shareholders:

Class

A

.............................................................

(1,125,163)

(3,715,315)

Class

C

.............................................................

(19,589)

(79,298)

Class

R

.............................................................

(15,402)

(56,421)

Class

R5

............................................................

(1,010)

(2,989)

Class

R6

............................................................

(258,237)

(769,956)

Class

Y

.............................................................

(2,200,047)

(6,677,582)

Total

distributions

to

shareholders

..........................................

(3,619,448)

(11,301,561)

Capital

share

transactions:

(Note

2)

Class

A

.............................................................

1,330,529

(6,759,197)

Class

C

.............................................................

143,019

(407,490)

Class

R

.............................................................

(20,234)

(165,742)

Class

R5

............................................................

9,922

3,880

Class

R6

............................................................

(208,075)

(2,442,191)

Class

Y

.............................................................

3,331,601

7,355,270

Total

capital

share

transactions

............................................

4,586,762

(2,415,470)

Net

increase

(decrease)

in

net

assets

...................................

2,202,036

(2,452,799)

Net

assets:

Beginning

of

period

.....................................................

213,212,007

215,664,806

End

of

period

..........................................................

$215,414,043

$213,212,007

Putnam

Global

Income

Trust

franklintempleton.com

Semiannual

Report

Notes

to

Financial

Statements

(unaudited)

1. #### Organization

#### and

#### Significant

#### Accounting

#### Policies
Putnam

Global

Income

Trust (Fund)

is

registered

under

the

Investment

Company

Act

of

1940

(1940

Act)

as

an

open-end

management

investment

company.

The Fund

follows

the

accounting

and

reporting

guidance

in

Financial

Accounting

Standards

Board

(FASB)

Accounting

Standards

Codification

Topic

946,

Financial

Services

–

Investment

Companies

(ASC

946)

and

applies

the

specialized

accounting

and

reporting

guidance

in

U.S.

Generally

Accepted

Accounting

Principles

(U.S.

GAAP),

including,

but

not

limited

to,

ASC

946. The

Fund

offers six

classes

of

shares:

Class

A,

Class

C,

Class

R,

Class

R5,

Class

R6

and

Class

Y. Class

C

shares

automatically

convert

to

Class

A

shares

on

a

monthly

basis,

after

they

have

been

held

for

years.

Each

class

of

shares

may

differ

by

its

initial

sales

load,

contingent

deferred

sales

charges,

voting

rights

on

matters

affecting

a

single

class,

its

exchange

privilege

and

fees

due

to

differing

arrangements

for

distribution

and

transfer

agent

fees.

The

Fund

will

be

closed

to

new

investors

effective

June

26,

2026. The

following

summarizes

the

Fund

's

significant

accounting

policies.

a. #### Financial

#### Instrument

#### Valuation
The

Fund's

investments

in

financial

instruments

are

carried

at

fair

value

daily.

Fair

value

is

the

price

that

would

be

received

to

sell

an

asset

or

paid

to

transfer

a

liability

in

an

orderly

transaction

between

market

participants

on

the

measurement

date.

The

Fund

calculates

the

net

asset

value

(NAV)

per

share

each business

day as

of

p.m.

Eastern

time

or

the

regularly

scheduled

close

of

the

New

York

Stock

Exchange

(NYSE),

whichever

is

earlier.

Under

compliance

policies

and

procedures

approved

by

the Fund's

Board

of

Trustees

(the

Board),

the

Board

has

designated

the

Fund's

investment

manager

as

the

valuation

designee

and

has

responsibility

for

oversight

of

valuation.

The

investment

manager

is

assisted

by

the

Fund's

administrator

in

performing

this

responsibility,

including

leading

the

cross-

functional

Valuation

Committee

(VC).

The

Fund

may

utilize

independent

pricing

services,

quotations

from

securities

and

financial

instrument

dealers,

and

other

market

sources

to

determine

fair

value.

Equity

securities,

exchange

traded

funds,

and

derivative

financial

instruments

listed

on

an

exchange

or

on

the

NASDAQ

National

Market

System

are

valued

at

the

last

quoted

sale

price

or

the

official

closing

price

of

the

day,

respectively.

Over-the-counter

(OTC)

securities

are

valued

within

the

range

of

the

most

recent

quoted

bid

and

ask

prices.

Securities

that

trade

in

multiple

markets

or

on

multiple

exchanges

are

valued

according

to

the

broadest

and

most

representative

market.

Certain

equity

securities

are

valued

based

upon

fundamental

characteristics

or

relationships

to

similar

securities.

Debt

securities

generally

trade

in

the OTC

market

rather

than

on

a

securities

exchange.

The

Fund's

pricing

services

use

multiple

valuation

techniques

to

determine

fair

value.

In

instances

where

sufficient

market

activity

exists,

the

pricing

services

may

utilize

a

market-based

approach

through

which

quotes

from

market

makers

are

used

to

determine

fair

value.

In

instances

where

sufficient

market

activity

may

not

exist

or

is

limited,

the

pricing

services

also

utilize

proprietary

valuation

models

which

may

consider

market

characteristics

such

as

benchmark

yield

curves,

credit

spreads,

estimated

default

rates,

anticipated

market

interest

rate

volatility,

coupon

rates,

anticipated

timing

of

principal

repayments,

underlying

collateral,

and

other

unique

security

features

in

order

to

estimate

the

relevant

cash

flows,

which

are

then

discounted

to

calculate

the

fair

value.

Securities

denominated

in

a

foreign

currency

are

converted

into

their

U.S.

dollar

equivalent

at

the

foreign

exchange

rate

in

effect

at

p.m.

Eastern

time

on

the

date

that

the

values

of

the

foreign

debt

securities

are

determined.

Investments

in open-end mutual

funds

are

valued

at

the

closing

NAV.

Certain

derivative

financial

instruments

are

centrally

cleared

or

trade

in

the

OTC

market.

The

Fund's

pricing

services

use

various

techniques

including

industry

standard

option

pricing

models

and

proprietary

discounted

cash

flow

models

to

determine

the

fair

value

of

those

instruments.

The

Fund's

net

benefit

or

obligation

under

the

derivative

contract,

as

measured

by

the

fair

value

of

the

contract,

is

included

in

net

assets.

The

Fund

has

procedures

to

determine

the

fair

value

of

financial

instruments

for

which

market

prices

are

not

reliable

or

readily

available.

Under

these

procedures,

the Fund

primarily

employs

a

market-based

approach

which

may

use

related

or

comparable

assets

or

liabilities,

recent

transactions,

market

multiples,

and

other

relevant

information

for

the

investment

to

determine

the

fair

value

of

the

investment.

An

income-based

valuation

approach

may

also

be

used

in

which

the

anticipated

future

cash

flows

of

the

Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

investment

are

discounted

to

calculate

fair

value.

Discounts

may

also

be

applied

due

to

the

nature

or

duration

of

any

restrictions

on

the

disposition

of

the

investments.

Due

to

the

inherent

uncertainty

of

valuations

of

such

investments,

the

fair

values

may

differ

significantly

from

the

values

that

would

have

been

used

had

an

active

market

existed.

b. #### Foreign

#### Currency

#### Translation
Portfolio

securities

and

other

assets

and

liabilities

denominated

in

foreign

currencies

are

translated

into

U.S.

dollars

based

on

the

exchange

rate

of

such

currencies

against

U.S.

dollars

on

the

date

of

valuation.

The

Fund

may

enter

into

foreign

currency

exchange

contracts

to

facilitate

transactions

denominated

in

a

foreign

currency.

Purchases

and

sales

of

securities,

income

and

expense

items

denominated

in

foreign

currencies

are

translated

into

U.S.

dollars

at

the

exchange

rate

in

effect

on

the

transaction

date.

Portfolio

securities

and

assets

and

liabilities

denominated

in

foreign

currencies

contain

risks

that

those

currencies

will

decline

in

value

relative

to

the

U.S.

dollar.

Occasionally,

events

may

impact

the

availability

or

reliability

of

foreign

exchange

rates

used

to

convert

the

U.S.

dollar

equivalent

value.

If

such

an

event

occurs,

the

foreign

exchange

rate

will

be

valued

at

fair

value

using

procedures

established

and

approved

by

the

Board.

The

Fund

does

not

separately

report

the

effect

of

changes

in

foreign

exchange

rates

from

changes

in

market

prices

on

securities

held.

Such

changes

are

included

in

net

realized

and

unrealized

gain

or

loss

from

investments

in

the

Statement of

Operations.

Realized

foreign

exchange

gains

or

losses

arise

from

sales

of

foreign

currencies,

currency

gains

or

losses

realized

between

the

trade

and

settlement

dates

on

securities

transactions

and

the

difference

between

the

recorded

amounts

of

dividends,

interest,

and

foreign

withholding

taxes

and

the

U.S.

dollar

equivalent

of

the

amounts

actually

received

or

paid.

Net

unrealized

foreign

exchange

gains

and

losses

arise

from

changes

in

foreign

exchange

rates

on

foreign

denominated

assets

and

liabilities

other

than

investments

in

securities

held

at

the

end

of

the

reporting

period.

c. #### Stripped

#### Securities
The

Fund

may

invest

in

stripped

securities

which

represent

a

participation

in

securities

that

may

be

structured

in

classes

with

rights

to

receive

different

portions

of

the

interest

and

principal.

Interest-only

securities

receive

all

of

the

interest

and

principal-only

securities

receive

all

of

the

principal.

If

the

interest

only

securities

experience

greater

than

anticipated

prepayments

of

principal,

the

Fund

may

fail

to

recoup

fully

its

initial

investment

in

these

securities.

Conversely,

principal-

only

securities

increase

in

value

if

prepayments

are

greater

than

anticipated

and

decline

if

prepayments

are

slower

than

anticipated.

The

fair

value

of

these

securities

is

highly

sensitive

to

changes

in

interest

rates.

d. #### Purchased

#### on

#### a

#### When-Issued,

#### Forward Commitment or

#### Delayed

#### Delivery

#### Basis

#### and

#### TBA

#### Basis
The

Fund

may

purchase

securities

on

a when-issued,

forward

commitment

or

delayed

delivery

and to-be-

announced

(TBA)

basis,

with

payment

and

delivery

scheduled

for

a

future

date.

These

transactions

are

subject

to

market

fluctuations

and

are

subject

to

the

risk

that

the

value

at

delivery

may

be

more

or

less

than

the

trade

date

purchase

price.

Although

the

Fund

will

generally

purchase

these

securities

with

the

intention

of

holding

the

securities, it

may

sell

the

securities

before

the

settlement

date.

The

Fund

may

also

enter

into

TBA

sale

commitments

to

hedge

its

portfolio

positions,

to

sell

mortgage-backed

securities

it

owns

under

delayed

delivery

arrangements

or

to

take

a

short

position

in

mortgage-backed

securities.

Proceeds

of

TBA

sale

commitments

are

not

received

until

the

contractual

settlement

date.

During

the

time

a

TBA

sale

commitment

is

outstanding,

either

equivalent

deliverable

securities

or

an

offsetting

TBA

purchase

commitment

deliverable

on

or

before

the

sale

commitment

date

are

held

as

"cover"

for

the

transaction,

or

other

liquid

assets

in

an

amount

equal

to

the

notional

value

of

the

TBA

sale

commitment

are

segregated.

If

the

TBA

sale

commitment

is

closed

through

the

acquisition

of

an

offsetting

TBA

purchase

commitment,

the

Fund

realizes

a

gain

or

loss.

If

the

Fund

delivers

securities

under

the

commitment,

the

Fund

realizes

a

gain

or

a

loss

from

the

sale

of

the

securities

based

upon

the

unit

price

established

at

the

date

the

commitment

was

entered

into.

1. #### Organization

#### and

#### Significant

#### Accounting

#### Policies
(continued)

a. #### Financial

#### Instrument

#### Valuation
(continued)

Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

TBA

commitments,

which

are

accounted

for

as

purchase

and

sale

transactions,

may

be

considered

securities

themselves,

and

involve

a

risk

of

loss

due

to

changes

in

the

value

of

the

security

prior

to

the

settlement

date

as

well

as

the

risk

that

the

counterparty

to

the

transaction

will

not

perform

its

obligations.

Counterparty

risk

is

mitigated

by

having

a

master

agreement

between

the

Fund

and

the

counterparty.

Unsettled

TBA

commitments

are

valued

at

their

fair

value

according

to

the

procedures

described

in

the

Financial

Instrument

Valuation

note.

The

contract

is

marked

to

market

daily

and

the

change

in

fair

value

is

recorded

by

the

Fund

as

an

unrealized

gain

or

loss.

Based

on

market

circumstances,

the

investment

manager

will

determine

whether

to

take

delivery

of

the

underlying

securities

or

to

dispose

of

the

TBA

commitments

prior

to

settlement.

e. #### Derivative

#### Financial

#### Instruments
The

Fund invested

in

derivative

financial

instruments

in

order

to

manage

risk

or

gain

exposure

to

various

other

investments

or

markets.

Derivatives

are

financial

contracts

based

on

an

underlying

or

notional

amount,

require

no

initial

investment

or

an

initial

net

investment

that

is

smaller

than

would

normally

be

required

to

have

a

similar

response

to

changes

in

market

factors,

and

require

or

permit

net

settlement.

Derivatives

contain

various

risks

including

the

potential

inability

of

the

counterparty

to

fulfill

their

obligations

under

the

terms

of

the

contract,

the

potential

for

an

illiquid

secondary

market,

and/or

the

potential

for

market

movements

which

expose

the

Fund

to

gains

or

losses

in

excess

of

the

amounts

shown

in

the

Statement

of

Assets

and

Liabilities.

Realized

gain

and

loss

and

unrealized

appreciation

and

depreciation

on

these

contracts

for

the

period

are

included

in

the

Statement

of

Operations.

Derivative

counterparty

credit

risk

is

managed

through

a

formal

evaluation

of

the

creditworthiness

of

all

potential

counterparties.

The

Fund

attempts

to

reduce

its

exposure

to

counterparty

credit

risk

on

OTC

derivatives,

whenever

possible,

by

entering

into

International

Swaps

and

Derivatives

Association

(ISDA)

master

agreements

with

certain

counterparties.

These

agreements

contain

various

provisions,

including

but

not

limited

to

collateral

requirements,

events

of

default,

or

early

termination.

Termination

events

applicable

to

the

counterparty

include

certain

deteriorations

in

the

credit

quality

of

the

counterparty.

Termination

events

applicable

to

the

Fund

include

failure

of

the

Fund

to

maintain

certain

net

asset

levels

and/or

limit

the

decline

in

net

assets

over

various

periods

of

time.

In

the

event

of

default

or

early

termination,

the

ISDA

master

agreement

gives

the

non-defaulting

party

the

right

to

net

and

close-out

all

transactions

traded,

whether

or

not

arising

under

the

ISDA

agreement,

to

one

net

amount

payable

by

one

counterparty

to

the

other.

However,

absent

an

event

of

default

or

early

termination,

OTC

derivative

assets

and

liabilities

are

presented

gross

and

not

offset

in

the

Statement

of

Assets

and

Liabilities.

Early

termination

by

the

counterparty

may

result

in

an

immediate

payment

by

the

Fund

of

any

net

liability

owed

to

that

counterparty

under

the

ISDA

agreement.

Collateral

requirements

differ

by

type

of

derivative.

Collateral

or

initial

margin

requirements

are

set

by

the

broker

or

exchange

clearing

house

for

exchange

traded

and

centrally

cleared

derivatives.

Initial

margin

deposited

is

held

at

the

exchange

or

at

the

broker and

can

be

in

the

form

of

cash

and/or

securities.

For

OTC

derivatives

traded

under

an

ISDA

master

agreement,

posting

of

collateral

is

required

by

either

the

Fund

or

the

applicable

counterparty

if

the

total

net

exposure

of

all

OTC

derivatives

with

the

applicable

counterparty

exceeds

the

minimum

transfer

amount,

which

typically

ranges

from

$100,000

to

$250,000,

and

can

vary

depending

on

the

counterparty

and

the

type

of agreement.

Generally,

collateral

is

determined

at

the

close

of

Fund

business

each

day

and

any

additional

collateral

required

due

to

changes

in

derivative

values

may

be

delivered

by

the

Fund

or

the

counterparty

the

next

business

day,

or

within

a

few

business

days.

Collateral

pledged

and/or

received

by

the

Fund

for

OTC

derivatives,

if

any,

is

held

in

segregated

accounts

with

the

Fund's

custodian/counterparty

broker

and

can

be

in

the

form

of

cash

and/or

securities.

Unrestricted

cash

may

be

invested

according

to

the

Fund's

investment

objectives.

To

the

extent

that

the

amounts

due

to

the

Fund

from

its

counterparties

are

not

subject

to

collateralization

or

are

not

fully

collateralized,

the

Fund

bears

the

risk

of

loss

from

counterparty

non-performance.

The

Fund

entered

into

exchange

traded

futures

contracts

primarily

to

manage

and/or

gain

exposure

to

interest

rate

risk.

A

futures

contract

is

an

agreement

between

the

Fund

and

a

counterparty

to

buy

or

sell

an

asset

at

a

specified

price

on

a

future

date.

Required

initial

margins

are

pledged

by

the

1. #### Organization

#### and

#### Significant

#### Accounting

#### Policies
(continued)

d. #### Securities

#### Purchased

#### on

#### a

#### When-Issued,

#### Forward Commitment or

#### Delayed

#### Delivery

#### Basis

#### and

#### TBA

#### Basis
(continued)

Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

Fund,

and

the

daily

change

in

fair

value

is

accounted

for

as

a

variation

margin

payable

or

receivable

in

the

Statement

of

Assets

and

Liabilities.

Futures

contracts

outstanding

at

period

end,

if

any,

are

listed

in

the

Fund's

Schedule

of

Investments.

The

Fund entered

into

OTC

forward

exchange

contracts

primarily

to

manage

and/or

gain exposure

to

certain

foreign

currencies.

A

forward

exchange

contract

is

an

agreement

between

the

Fund

and

a

counterparty

to

buy

or

sell

a

foreign

currency at

a

specific

exchange

rate

on

a

future

date.

Forward

exchange

contracts

outstanding

at

period

end,

if

any,

are

listed

in

the

Fund's

Schedule

of

Investments.

The

Fund

entered

into

credit

default

swap

contracts

primarily

to

manage

and/or

gain

exposure

to

credit

risk.

A

credit

default

swap

is

an

agreement

between

the

Fund

and

a

counterparty

whereby

the

buyer

of

the

contract

receives

credit

protection

and

the

seller

of

the

contract

guarantees

the

credit

worthiness

of

a

referenced

debt

obligation.

These

agreements

may

be

privately

negotiated

in

the

over-the-

counter

market

(OTC

credit

default

swaps)

or

may

be

executed

in

a

multilateral

trade

facility

platform,

such

as

a

registered

exchange

(centrally

cleared

credit

default

swaps).

The

underlying

referenced

debt

obligation

may

be

a

single

issuer

of

corporate

or

sovereign

debt,

a

credit

index,

a

basket

of

issuers

or

indices,

or

a

tranche

of

a

credit

index

or

basket

of

issuers

or

indices.

In

the

event

of

a

default

of

the

underlying

referenced

debt

obligation,

the

buyer

is

entitled

to

receive

the

notional

amount

of

the

credit

default

swap

contract

from

the

seller

in

exchange

for

the

referenced

debt

obligation,

a

net

settlement

amount

equal

to

the

notional

amount

of

the

credit

default

swap

less

the

recovery

value

of

the

referenced

debt

obligation,

or

other

agreed

upon

amount.

For

centrally

cleared

credit

default

swaps,

required

initial

margins

are

pledged

by

the

Fund,

and

the

daily

change

in

fair

value

is

accounted

for

as

a

variation

margin

payable

or

receivable

in

the

Statement

of

Assets

and

Liabilities.

Over

the

term

of

the

contract,

the

buyer

pays

the

seller

a

periodic

stream

of

payments,

provided

that

no

event

of

default

has

occurred.

Such

periodic

payments

are

accrued

daily

as

an

unrealized

appreciation or

depreciation

until

the

payments

are

made,

at

which

time

they

are

realized.

Upfront

payments

and

receipts

are

reflected

in

the Statement

of

Assets

and

Liabilities

and

represent

compensating

factors

between

stated

terms

of

the

credit

default

swap

agreement

and

prevailing

market

conditions

(credit

spreads

and

other

relevant

factors).

These

upfront

payments

and

receipts

are

amortized

over

the

term

of

the

contract

as

a

realized

gain

or

loss

in

the Statement

of

Operations.

Credit

default

swap

contracts

outstanding

at

period

end,

if

any,

are

listed

in

the

Fund's

Schedule

of

Investments.

The

Fund entered

into

interest

rate

swap

contracts

primarily

to

manage

interest

rate

risk.

An

interest

rate

swap

is

an

agreement

between

the

Fund

and

a

counterparty

to

exchange

cash

flows

based

on

the

difference

between

two

interest

rates,

applied

to

a

notional

amount.

These

agreements

may

be

privately

negotiated

in

the

over-the-

counter

market

(OTC

interest

rate

swaps)

or

may

be

executed

on

a

registered

exchange

(centrally

cleared

interest

rate

swaps).

For

centrally

cleared

interest

rate

swaps,

required

initial

margins

are

pledged

by

the

Fund,

and

the

daily

change

in

fair

value

is

accounted

for

as

a

variation

margin

payable

or

receivable

in

the

Statement

of

Assets

and

Liabilities.

Over

the

term

of

the

contract,

contractually

required

payments

to

be

paid

and

to

be

received

are

accrued

daily

and

recorded

as

unrealized

appreciation

or

depreciation

until

the

payments

are

made,

at

which

time

they

are

realized.

Interest

rate

swap

contracts

outstanding

at

period

end,

if

any,

are

listed

in

the

Fund's

Schedule

of

Investments.

The

Fund

purchased

or

wrote

OTC

option

contracts

primarily

to

manage

and/or

gain exposure

to

interest

rate

risk.

An

option

is

a

contract

entitling

the

holder

to

purchase

or

sell

a

specific

amount

of

shares

or

units

of

an

asset

or

notional

amount

of

a

swap

(swaption),

at

a

specified

price.

When

an

option

is

purchased

or

written,

an

amount

equal

to

the

premium

paid

or

received

is

recorded

as

an

asset

or

liability,

respectively.

Upon

exercise

of

an

option,

the

acquisition

cost

or

sales

proceeds

of

the

underlying

investment

is

adjusted

by

any

premium

received

or

paid.

Upon

expiration

of

an

option,

any

premium

received

or

paid

is

recorded

as

a

realized

gain

or

loss.

Upon

closing

an

option

other

than

through

expiration

or

exercise,

the

difference

between

the

premium

received

or

paid

and

the

cost

to

close

the

position

is

recorded

as

a

realized

gain

or

loss.

Option

contracts

outstanding

at

period

end,

if

any,

are

listed

in

the

Fund's

Schedule

of

Investments.

See

Note

regarding

other

derivative

information.

1. #### Organization

#### and

#### Significant

#### Accounting

#### Policies
(continued)

e. #### Derivative

#### Financial

#### Instruments
(continued)

Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

f. #### Income

#### and

#### Deferred

#### Taxes
It

is the Fund's

policy

to

qualify

as

a

regulated

investment

company

under

the

Internal

Revenue

Code. The Fund

intends

to

distribute

to

shareholders

substantially

all

of

its

taxable

income

and

net

realized

gains

to

relieve

it

from

federal

income

and

excise

taxes.

As

a

result,

no

provision

for

U.S.

federal

income

taxes

is

required.

The Fund

may

be

subject

to

foreign

taxation

related

to

income

received,

capital

gains

on

the

sale

of

securities

and

certain

foreign

currency

transactions

in

the

foreign

jurisdictions

in

which

it

invests.

Foreign

taxes,

if

any,

are

recorded

based

on

the

tax

regulations

and

rates

that

exist

in

the

foreign

markets

in

which

the

Fund

invests.

When

a

capital

gain

tax

is

determined

to

apply,

the

Fund

records

an

estimated

deferred

tax

liability

in

an

amount

that

would

be

payable

if

the

securities

were

disposed

of

on

the

valuation

date.

The Fund

may

recognize

an

income

tax

liability

related

to

its

uncertain

tax

positions

under

U.S.

GAAP

when

the

uncertain

tax

position

has

a

less

than

50%

probability

that

it

will

be

sustained

upon

examination

by

the

tax

authorities

based

on

its

technical

merits.

As

of

April

30,

2026, the Fund

has

determined

that

no

tax

liability

is

required

in

its

financial

statements

related

to

uncertain

tax

positions

for

any

open

tax

years

(or

expected

to

be

taken

in

future

tax

years).

The

Fund's

federal

and

state

income

and

federal

excise

tax

returns

for

the

prior

three

fiscal

years

are

subject

to

examination

by

the

Internal

Revenue

Service

and

state

departments

of

revenue.

g. #### Security

#### Transactions,

#### Investment

#### Income,

#### Expenses

#### and

#### Distributions
Security

transactions

are

accounted

for

on

trade

date.

Realized

gains

and

losses

on

security

transactions

are

determined

on

a

specific

identification basis.

Interest

income

(including

interest

income

from

payment-in-kind

securities,

if

any)

and

estimated

expenses

are

accrued

daily.

Amortization

of

premium

and

accretion

of

discount

on

debt

securities

are

included

in

interest

income.

Paydown

gains

and

losses

are

recorded

as

an

adjustment

to

interest

income.

Dividend

income

is recorded

on

the

ex-dividend

date.

Distributions

to

shareholders

are

recorded

on

the

ex-dividend

date.

Distributable

earnings are

determined

according

to

income

tax

regulations

(tax

basis)

and

may

differ

from

earnings recorded

in

accordance

with

U.S.

GAAP.

These

differences

may

be

permanent

or

temporary.

Permanent differences

are

reclassified

among

capital

accounts

to

reflect

their

tax

character.

These reclassifications

have

no

impact

on

net

assets

or

the

results

of

operations.

Temporary

differences are

not

reclassified,

as

they

may

reverse

in

subsequent

periods.

Realized

and

unrealized

gains

and

losses

and

net

investment

income,

excluding

class

specific

expenses,

are

allocated

daily

to

each

class

of

shares

based

upon

the

relative

proportion

of

net

assets

of

each

class.

Differences

in

per

share

distributions

by

class

are

generally

due

to

differences

in

class

specific

expenses.

h. #### Accounting

#### Estimates
The

preparation

of

financial

statements

in

accordance

with

U.S.

GAAP

requires

management

to

make

estimates

and

assumptions

that

affect

the

reported

amounts

of

assets

and

liabilities

at

the

date

of

the

financial

statements

and

the

amounts

of

income

and

expenses

during

the

reporting

period.

Actual

results

could

differ

from

those

estimates.

i. #### Guarantees

#### and

#### Indemnifications
Under

the Fund's

organizational

documents,

its

officers

and trustees

are

indemnified

by

the

Fund against

certain

liabilities

arising

out

of

the

performance

of

their

duties

to

the

Fund.

Additionally,

in

the

normal

course

of

business,

the

Fund

enters

into

contracts

with

service

providers

that

contain

general

indemnification

clauses.

The Fund's

maximum

exposure

under

these

arrangements

is

unknown

as

this

would

involve

future

claims

that

may

be

made

against

the Fund

that

have

not

yet

occurred.

Currently,

the Fund

expects

the

risk

of

loss

to

be

remote.

1. #### Organization

#### and

#### Significant

#### Accounting

#### Policies
(continued)

Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

2. #### Shares

#### of

#### Beneficial

#### Interest
At

April

30,

2026,

there

were

an

unlimited

number

of

shares

authorized

(without

par

value).

Transactions

in

the

Fund's

shares

were

as

follows:

#### Six

#### Months

#### Ended

#### April

#### 30,

#### 2026

#### Year

#### Ended

#### October

#### 31,

#### 2025

#### Shares

#### Amount

#### Shares

#### Amount

#### Class

#### A

#### Shares:
Shares

sold

a

...................................

914,397

$9,213,114

1,212,324

$12,201,914

Shares

issued

in

reinvestment

of

distributions

..........

105,394

1,060,335

349,001

3,483,953

Shares

redeemed

...............................

(887,416)

(8,942,920)

(2,232,585)

(22,445,064)

Net

increase

(decrease)

..........................

132,375

$1,330,529

(671,260)

$(6,759,197)

#### Class

#### C

#### Shares:
Shares

sold

...................................

26,215

$263,400

6,410

$64,247

Shares

issued

in

reinvestment

of

distributions

..........

1,956

19,585

7,993

79,266

Shares

redeemed

a

..............................

(13,951)

(139,966)

(55,186)

(551,003)

Net

increase

(decrease)

..........................

14,220

$143,019

(40,783)

$(407,490)

#### Class

#### R

#### Shares:
Shares

sold

...................................

6,097

$61,436

17,405

$173,851

Shares

issued

in

reinvestment

of

distributions

..........

1,532

15,402

5,661

56,421

Shares

redeemed

...............................

(9,560)

(97,072)

(39,643)

(396,014)

Net

increase

(decrease)

..........................

(1,931)

$(20,234)

(16,577)

$(165,742)

#### Class

#### R5

#### Shares:
Shares

sold

...................................

1,530

$15,418

2,851

$28,523

Shares

issued

in

reinvestment

of

distributions

..........

812

2,375

Shares

redeemed

...............................

(626) (6,308)

(2,686)

(27,018)

Net

increase

(decrease)

..........................

985

$9,922

$3,880

#### Class

#### R6

#### Shares:
Shares

sold

...................................

209,316

$2,107,319

639,386

$6,435,925

Shares

issued

in

reinvestment

of

distributions

..........

24,983

251,121

75,174

749,845

Shares

redeemed

...............................

(255,175)

(2,566,515)

(963,313)

(9,627,961)

Net

increase

(decrease)

..........................

(20,876)

$(208,075)

(248,753)

$(2,442,191)

#### Class

#### Y

#### Shares:
Shares

sold

...................................

1,254,434

$12,621,624

2,589,837

$25,954,142

Shares

issued

in

reinvestment

of

distributions

..........

216,744

2,179,241

656,271

6,550,309

Shares

redeemed

...............................

(1,138,317)

(11,469,264)

(2,509,060)

(25,149,181)

Net

increase

(decrease)

..........................

332,861

$3,331,601

737,048

$7,355,270

a

May

include

a

portion

of

Class

C

shares

that

were

automatically

converted

to

Class

A. Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

3. #### Transactions

#### with

#### Affiliates
Franklin

Resources,

Inc.

is

the

holding

company

for

various

subsidiaries

that

together

are

referred

to

as

Franklin

Templeton.

Certain

officers

and trustees

of

the Fund are

also

officers

and/or directors

of

the

following

subsidiaries:

a. #### Management

#### Fees
The

Fund

pays Advisers

a

management

fee

(based

on

the

Fund's

average

net

assets

and

computed

and

paid

monthly)

at

annual

rates

that

may

vary

based

on

the

average

of

the

aggregate

net

assets

of

all

open-end

mutual

funds

sponsored

by

Putnam

Management

(including

open-end

funds

managed

by

affiliates

of

Putnam

Management

that

have

been

deemed

to

be

sponsored

by

Putnam

Management

for

this

purpose)

(excluding

net

assets

of

such

funds

that

are

invested

in,

or

that

are

invested

in

by,

other

such

funds

to

the

extent

necessary

to

avoid

"double

counting"

of

those

assets).

Such

annual

rates

may

vary

as

follows:

For

the

period

ended

April

30,

2026,

the

annualized

gross

effective

investment

management

fee

rate

was 0.518%

of

the

Fund's

average daily

net

assets.

Advisers

retained

Putnam

Management

as

subadvisor

for

the

Fund.

Pursuant

to

the

agreement,

Putnam

Management

provides

certain

advisory

and

related

services

to

the

Fund.

Advisers

pays

a

monthly

fee

to

Putnam

Management

based

on

the

costs

of

Putnam

Management

in

providing

these

services

to

the

Fund,

which

may

include

a

mark-up

not

to

exceed

15%

over

such

costs.

Under

a

subadvisory

agreement,

FTIML

provides

subadvisory

services

to

the

Fund.

The

subadvisory

fee

is

paid by Advisers

based

on

the

average

net

assets

managed

by

FTIML,

and

is

not

an

additional

expense

of

the

Fund.

b. #### Administrative

#### Fees
Under

an

agreement

with

Advisers,

FT

Services

provides

administrative

services

to

the

Fund.

The

fee

is

paid

by Advisers

based

on

the Fund's

average

daily

net

assets,

and

is

not

an

additional

expense

of

the

Fund.

#### Subsidiary

#### Affiliation
Franklin

Advisers,

Inc.

(Advisers)

Investment

manager

Putnam

Investment

Management,

LLC

(Putnam

Management)

Subadvisor

Franklin

Templeton

Investment

Management

Limited

(FTIML)

Subadvisor

Franklin

Templeton

Services,

LLC

(FT

Services)

Administrative

manager

Franklin

Distributors,

LLC

(Distributors)

Principal

underwriter

Putnam

Investor

Services,

Inc.

(PSERV)

Transfer

agent

#### Annualized

#### Fee

#### Rate

#### Net

#### Assets
0.700%

of

the

first

$5

billion,

0.650%

of

the

next

$5

billion,

0.600%

of

the

next

$10

billion,

0.550%

of

the

next

$10

billion,

0.500%

of

the

next

$50

billion,

0.480%

of

the

next

$50

billion,

0.470%

of

the

next

$100

billion

and

0.465%

of

any

excess

thereafter.

Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

The

Fund

reimburses

Advisers

an

allocated

amount

for

the

compensation

and

related

expenses

of

certain

officers

of

the

Fund

and

their

staff

who

provide

administrative

services

to

the

Fund.

The

aggregate

amount

of

all

such

reimbursements

is

determined

annually

by

the

Trustees.

c. #### Distribution

#### Fees
The

Fund

has

adopted

distribution

plans

(the

Plans)

with

respect

to

the

following

share

classes

pursuant

to

Rule

12b–1

under

the

1940

Act.

The

purpose

of

the

Plans

is

to

compensate

Distributors

for

services

provided

and

expenses

incurred

in

distributing

shares

of

the

Fund.

The

Plans

provide

payments

by

the

Fund

to

Distributors

at

an

annual

rate

of

up

to

the

following

amounts

(Maximum

%)

of

the

average

net

assets

attributable

to

each

class.

The

Trustees

have

approved

payment

by

the

Fund

at

the

following

annual

rate

(Approved

%)

of

the

average

net

assets

attributable

to

each

class.

d. #### Sales

#### Charges/Underwriting

#### Agreements
Front-end

sales

charges

and

contingent

deferred

sales

charges

(CDSC)

do

not

represent

expenses

of

the

Fund.

These

charges

are

deducted

from

the

proceeds

of

sales

of

fund

shares

prior

to

investment

or

from

redemption

proceeds

prior

to

remittance,

as

applicable.

Distributors

has

advised

the

Fund

of

the

following

commission

transactions

related

to

the

sales

and

redemptions

of

the

Fund's

shares

for

the

period:

e. #### Transfer

#### Agent

#### Fees
PSERV,

an

affiliate

of

Advisers,

provides

investor

servicing

agent

functions

to

the

Fund.

PSERV

received

fees

for

investor

servicing

for

Class

A,

Class

C, Class

R and

Class

Y

shares

that

included

(1) a

per

account

fee

for

each

direct

and

underlying

non-defined

contribution

account

(retail

account)

of

the

Fund;

(2) a

specified

rate

of

the

Fund's

assets

attributable

to

defined

contribution

plan

accounts;

and

(3) a

specified

rate

based

on

the

average

net

assets

in

retail

accounts.

PSERV

has

agreed

that

the

aggregate

investor

servicing

fees

for

each

Fund's

retail

and

defined

contribution

accounts

for

these

share

classes

will

not

exceed

an

annual

rate

of

0.25%

of the

Fund's

average

assets

attributable

to

such

accounts.

Class

R5

shares

paid

a

monthly

fee

based

on

the

average

net

assets

of

Class

R5

shares

at

an

annual

rate

of

0.12%.

Class

R6

shares

paid

a

monthly

fee

based

on

the

average

net

assets

of

Class

R6

shares

at

an

annual

rate

of

0.05%.

f. #### Trustee

#### Fees
The

Fund

has

adopted

a

Trustee

Fee

Deferral

Plan

(the

Deferral

Plan)

which

allows

the

Trustees to

defer

the

receipt

of

all

or

a

portion

of

Trustees'

fees

payable

from

July

1,

1995

through

December

31,

2023. The

deferred

fees

remain

invested

in

certain

Putnam

funds

until

distribution

in

accordance

with

the

Deferral

Plan.

The

Fund

has

adopted

an

unfunded

noncontributory

defined

benefit

pension

plan

(the

Pension

Plan)

covering

all

Trustees

of

the

Fund

who

have

served

as

a

Trustee

for

at

least

five

years

and

were

first

elected

prior

to

2004. Benefits

under

the

Pension

Plan

are

equal

to

50%

of

the

Trustee's

average

annual

attendance

and

retainer

fees

for

the

three

years

ended

December

31,

#### Maximum

#### %

#### Approved

#### %
Class

A

...................................................................

0.35%

0.25%

Class

C

...................................................................

1.00%

1.00%

Class

R

...................................................................

1.00%

0.50%

Sales

charges

retained

net

of

commissions

paid

to

unaffiliated

brokers/dealers

..............................

$1,482

CDSC

retained

..............................................................................

$45

3. #### Transactions

#### with

#### Affiliates
(continued)

b. #### Administrative

#### Fees
(continued)

Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

2005. The

retirement

benefit

is

payable

during

a

Trustee's

lifetime,

beginning

the

year

following

retirement,

for

the

number

of

years

of

service

through

December

31,

2006. Pension

expense

for

the

Fund

is

included

in

the

Trustees' fees

and

expenses

in

the

Statement

of

Operations.

Accrued

pension

liability

is

included

in

Payable

for

Trustees' fees

and

expenses

in

the

Statement

of

Assets

and

Liabilities.

The

Trustees

have

terminated

the

Pension

Plan

with

respect

to

any

Trustee

first

elected

after

2003. g. #### Investments

#### in

#### Affiliated

#### Management

#### Investment

#### Companies
The

Fund

invests

in

one

or

more

affiliated

management

investment

companies.

As

defined

in

the

1940

Act,

an

investment

is

deemed

to

be

a

"Controlled

Affiliate"

of

a

fund

when

a

fund

owns,

either

directly

or

indirectly,

25%

or

more

of

the

affiliated

fund's

outstanding

shares

or

has

the

power

to

exercise

control

over

management

or

policies

of

such

fund.

The

Fund

does

not

invest

for

purposes

of

exercising

a

controlling

influence

over

the

management

or

policies.

Management

fees

paid

by

the

Fund

are

waived

on

assets

invested

in

the

affiliated

management

investment

companies,

as

noted

in

the

Statement

of

Operations,

in

an

amount

not

to

exceed

the

management

and

administrative

fees,

if

applicable, paid

directly

or

indirectly

by

each

affiliate.

During

the

period

ended

April

30,

2026,

the

Fund

held

investments

in

affiliated

management

investment

companies

as

follows:

h. #### Waiver

#### and

#### Expense

#### Reimbursements
Advisers

has

contractually

agreed,

through

February

28,

2027,

to

waive

fees

and/or

reimburse

the

Fund's

expenses

to

the

extent

necessary

to

limit

the

cumulative

expenses

of

the

Fund,

exclusive

of

brokerage,

interest,

taxes,

investment-related

expenses,

extraordinary

expenses,

acquired

fund

fees

and

expenses

and

payments

under

the

Fund's

investor

servicing

contract,

investment

management

contract

and

distribution

plans,

on

a

fiscal

year-to-date

basis

to

an

annual

rate

of

0.20%

of

the

Fund's

average

net

assets

over

such

fiscal

year-to-date

period.

Total

expenses

waived

or

paid

are

not

subject

to

recapture

subsequent

to

the

Fund's

fiscal

year

end.

Advisers

has

also

contractually

agreed

to

waive

fees

(and,

to

the

extent

necessary,

bear

other

expenses)

of

the

Fund

through

February

28,

2027,

to

the

extent

that

total

expenses

of

the

Fund

(excluding

brokerage,

interest,

taxes,

investment-related

expenses,

payments

under

distribution

plans,

extraordinary

expenses,

payments

under

the

Fund's

investor

servicing

contract

and

acquired

fund

fees

and

expenses,

but

including

payments

under

the

Fund's

investment

management

contract)

would

exceed

an

annual

rate

of

0.43%

of

the

Fund's

average

net

assets.

Total

expenses

waived

or

paid

are

not

subject

to

recapture

subsequent

to

the

Fund's

fiscal

year

end.

4. #### Expense

#### Offset

#### Arrangement
The Fund has entered

into

an arrangement

with PSERV

whereby

credits

realized

as

a

result

of

uninvested

cash

balances

are

used

to

reduce

a

portion

of

the

Fund's

transfer

agent

fees.

During

the

period

ended

April

30,

2026,

the

fees

were

reduced

as

noted

in

the

Statement

of

Operations.

#### &nbsp;&nbsp;&nbsp;&nbsp;aa

#### Value

#### at

#### Beginning

#### of

#### Period

#### Purchases

#### Sales

#### Realized

#### Gain
(Loss)

#### Net

#### Change

#### in

#### Unrealized

#### Appreciation
(Depreciation)

#### Value

#### at

#### End

#### of

#### Period

#### Number

#### of

#### Shares

#### Held

#### at

#### End

#### of

#### Period

#### Investment

#### Income

#### a&nbsp;&nbsp;&nbsp;&nbsp;

#### a

#### Putnam

#### Global

#### Income

#### Trust

#### Non-Controlled

#### Affiliates
Dividends

Franklin

Ultra

Short

Bond

ETF

.

$5,448,329

$—

$—

$—

$(13,034)

$5,435,295

217,238

$114,167

Putnam

Short

Term

Investment

Fund,

Class

P,

3.843%

......

4,110,047

25,708,261

(24,715,286)

—

—

5,103,022

5,103,022

190,183

#### Total

#### Affiliated

#### Securities

#### ...
$9,558,376

$25,708,261

$(24,715,286)

$—

$(13,034)

$10,538,317

$304,350

3. #### Transactions

#### with

#### Affiliates
(continued)

f. #### Trustee

#### Fees
(continued)

Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

5. #### Income

#### Taxes
For

tax

purposes,

capital

losses

may

be

carried

over

to

offset

future

capital

gains.

At

October

31,

2025,

the

capital

loss

carryforwards

were

as

follows:

At

April

30,

2026,

the

cost

of

investments

and

net

unrealized

appreciation

(depreciation) for

income

tax

purposes

were

as

follows:

Differences

between

income

and/or

capital

gains

as

determined

on

a

book

basis

and

a

tax

basis

are

primarily

due

to

differing

treatments

of

defaulted

securities,

foreign

currency

transactions,

wash

sales

and

derivative

financial

instruments.

6. #### Investment

#### Transactions
Purchases

and

sales

of

investments (excluding

short

term

securities) for

the

period

ended

April

30,

2026,

aggregated

$341,565,168 and

$422,828,009,

respectively.

7. #### Credit

#### Risk
At

April

30,

2026,

the

Fund

had

5.5%

of

its

portfolio

invested

in

high

yield

securities

rated

below

investment

grade

and

unrated

securities.

These

securities

may

be

more

sensitive

to

economic

conditions

causing

greater

price

volatility

and

are

potentially

subject

to

a

greater

risk

of

loss

due

to

default

than

higher

rated

securities.

Capital

loss

carryforwards

not

subject

to

expiration:

Short

term

................................................................................

$

14,314,012

Long

term

................................................................................

14,929,100

Total

capital

loss

carryforwards

...............................................................

$29,243,112

Cost

of

investments

..........................................................................

$252,750,773

Unrealized

appreciation

........................................................................

$6,220,622

Unrealized

depreciation

........................................................................

(16,420,485)

Net

unrealized

appreciation

(depreciation)

..........................................................

$(10,199,863)

Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

8. #### Other

#### Derivative

#### Information
At

April

30,

2026,

investments

in

derivative

contracts

are

reflected

in

the Statement of

Assets

and

Liabilities

as

follows:

#### Asset

#### Derivatives

#### Liability

#### Derivatives

#### Derivative

#### Contracts

#### Not

#### Accounted

#### for

#### as

#### Hedging

#### Instruments

#### Statement

#### of

#### Assets

#### and

#### Liabilities

#### Location

#### Fair

#### Value

#### Statement

#### of

#### Assets

#### and

#### Liabilities

#### Location

#### Fair

#### Value

#### Putnam

#### Global

#### Income

#### Trust
Interest

rate

contracts

.......

Variation

margin

on

futures

contracts

$

112,823

a

Variation

margin

on

futures

contracts

$

720,978

a

Variation

margin

on

centrally

cleared

swap

contracts

613,642

a

Variation

margin

on

centrally

cleared

swap

contracts

152,886

a

Unrealized

appreciation

on

forward

premium

swap

option

contracts

607,947

Unrealized

depreciation

on

forward

premium

swap

option

contracts

652,171

Foreign

exchange

contracts

..

Unrealized

appreciation

on

OTC

forward

exchange

contracts

1,080,180

Unrealized

depreciation

on

OTC

forward

exchange

contracts

1,018,754

Credit

contracts

............

Variation

margin

on

centrally

cleared

swap

contracts

20,357

a

Variation

margin

on

centrally

cleared

swap

contracts

26,249

a

OTC

swap

contracts

(upfront

payments)

1,311

OTC

swap

contracts

(upfront

receipts)

3,756

Unrealized

appreciation

on

OTC

swap

contracts

3,154

Unrealized

depreciation

on

OTC

swap

contracts

709

Total

....................

$2,439,414

$2,575,503

a

This

amount

reflects

the

cumulative

appreciation

(depreciation)

of

futures

contracts

and

centrally

cleared

swap

contracts

as

reported

in

the

Schedule

of

Investments.

Only

the

variation

margin

receivable/payable

at

period

end

is

separately

reported

within

the

Statement

of

Assets

and

Liabilities.

Prior

variation

margin

movements

were

recorded

to

cash

upon

receipt

or

payment.

Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

For

the

period

ended

April

30,

2026,

the

effect

of

derivative

contracts

in

the Statement

of

Operations

was

as

follows:

For

the

period

ended

April

30,

2026

,

the

average

month

end

notional

amount

of

futures

contracts,

swap

contracts

and

options,

and

the

average month

end

contract

value

for forward

exchange

contracts,

were as

follows:

At

April

30,

2026,

the

Fund's

OTC

derivative

assets

and

liabilities

are

as

follows:

#### Derivative

#### Contracts

#### Not

#### Accounted

#### for

#### as

#### Hedging

#### Instruments

#### Statement

#### of

#### Operations

#### Location

#### Net

#### Realized

#### Gain
(Loss)

#### for

#### the

#### Period

#### Statement

#### of

#### Operations

#### Location

#### Net

#### Change

#### in

#### Unrealized

#### Appreciation
(Depreciation)

#### for

#### the

#### Period

#### Putnam

#### Global

#### Income

#### Trust
Net

realized

gain

(loss)

from:

Net

change

in

unrealized

&nbsp;&nbsp;&nbsp;&nbsp;appreciation

(depreciation)

on:

Interest

rate

contracts

..........

Futures

contracts

$633,118

Futures

contracts

$(1,051,289)

Swap

contracts

(846,185)

Swap

contracts

613,011

Forward

premium

swap

option

contracts

(44,507)

Forward

premium

swap

option

contracts

117,452

Foreign

exchange

contracts

.....

Forward

exchange

contracts

887,412

Forward

exchange

contracts

(473,320)

Credit

contracts

...............

Swap

contracts

Swap

contracts

(5,892)

Total

.......................

$629,864

$(800,038)

#### Putnam

#### Global

#### Income

#### Trust
Futures

contracts

............................................................................

$32,915,369

Swap

contracts

..............................................................................

137,849,677

Forward

exchange

contracts

....................................................................

125,917,006

Options

....................................................................................

74,913,550

#### Gross

#### Amounts

#### of

#### Assets

#### and

#### Liabilities

#### Presented

#### in

#### the

#### Statement

#### of

#### Assets

#### and

#### Liabilities

#### Assets

#### a

#### Liabilities

#### a

#### Putnam

#### Global

#### Income

#### Trust
Forward

Exchange

Contracts

.............................

$

1,080,180

$

1,018,754

Forward

Premium

Swap

Option

Contracts

...................

607,947

652,171

Swap

Contracts

.......................................

4,465

4,465

Total

.............................................

$1,692,592

$1,675,390

a

Absent

an

event

of

default

or

early

termination,

OTC

derivative

assets

and

liabilities

are

presented

gross

and

not

offset

in

the

Statement

of

Assets

and

Liabilities.

8. #### Other

#### Derivative

#### Information
(continued)

Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

At

April

30,

2026,

OTC

derivative

assets,

which

may

be

offset

against

the

Fund's

OTC

derivative

liabilities

and

collateral

received

from

the

counterparty,

are

as

follows:

#### Amounts

#### Not

#### Offset

#### in

#### the

#### Statement

#### of

#### Assets

#### and

#### Liabilities

#### Gross

#### Amounts

#### of

#### Assets

#### Presented

#### in

#### the

#### Statement

#### of

#### Assets

#### and

#### Liabilities

#### Financial

#### Instruments

#### Available

#### for

#### Offset

#### Financial

#### Instruments

#### Collateral

#### Received

#### a,b

#### Cash

#### Collateral

#### Received

#### b

#### Net

#### Amount

#### (Not

#### less

#### than

#### zero)

#### Putnam

#### Global

#### Income

#### Trust

#### Counterparty
BOFA

....................

$

27,900

$

(27,900)

$

—

$

—

$

—

BZWS

...................

2,318

(2,318)

—

—

—

CITI

.....................

15,591

(15,591)

—

—

—

DBAB

...................

—

—

—

—

—

GSCO

...................

11,675

(11,675)

—

—

—

HSBK

...................

595,902

(595,902)

—

—

—

JPHQ

...................

510,774

(247,230)

(123,544)

(140,000)

—

MCM

....................

2,610

(2,610)

—

—

—

MLCO

...................

1,311

(709) —

—

602

MSCO

...................

128,891

(78,041)

—

(50,850)

—

NATW

...................

—

—

—

—

—

SSBT

....................

40,448

(21,941)

—

—

18,507

TDOM

...................

5,579

(5,579)

—

—

—

UBSW

...................

190,928

(108,996)

(81,932)

—

—

WPAC

...................

158,665

(80,622)

—

—

78,043

Total

...................

$1,692,592

$(1,199,114)

$(205,476)

$(190,850)

$97,152

$

8. #### Other

#### Derivative

#### Information
(continued)

Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

At

April

30,

2026,

OTC

derivative

liabilities,

which

may

be

offset

against

the

Fund's

OTC

derivative

assets

and

collateral

pledged

to

the

counterparty,

are

as

follows:

See

Note

1(e) regarding

derivative

financial

instruments.

See

Abbreviations

on

.

9. #### Upcoming

#### Reorganization
On

May

21,

2026,

the

Board

approved

a

proposal

to

reorganize

the

Fund

with

and

into

Putnam

Diversified

Income

Trust.

Upon

completion

of

the

reorganization

on

or

about

August

31,

2026,

assets

in

the

Fund

will

be

transferred

into

Putnam

Diversified

Income

Trust.

#### Amounts

#### Not

#### Offset

#### in

#### the

#### Statement

#### of

#### Assets

#### and

#### Liabilities

#### Gross

#### Amounts

#### of

#### Liabilities

#### Presented

#### in

#### the

#### Statement

#### of

#### Assets

#### and

#### Liabilities

#### Financial

#### Instruments

#### Available

#### for

#### Offset

#### Financial

#### Instruments

#### Collateral

#### Pledged

#### b,c

#### Cash

#### Collateral

#### Pledged

#### Net

#### Amount

#### (Not

#### less

#### than

#### zero)

#### Putnam

#### Global

#### Income

#### Trust

#### Counterparty
BOFA

....................

$

279,158

$

(27,900)

$

(251,258)

$

—

$

—

BZWS

...................

6,909

(2,318)

—

—

4,591

CITI

.....................

48,007

(15,591)

(20,841)

—

11,575

DBAB

...................

2,442

—

(2,442)

—

—

GSCO

...................

128,363

(11,675)

(116,115)

—

573

HSBK

...................

639,694

(595,902)

(43,792)

—

—

JPHQ

...................

247,230

(247,230)

—

—

—

MCM

....................

4,626

(2,610)

—

—

2,016

MLCO

...................

709

(709) —

—

—

MSCO

...................

78,041

(78,041)

—

—

—

NATW

...................

17,462

—

—

—

17,462

SSBT

....................

21,941

(21,941)

—

—

—

TDOM

...................

11,190

(5,579)

—

—

5,611

UBSW

...................

108,996

(108,996)

—

—

—

WPAC

...................

80,622

(80,622)

—

—

—

Total

...................

$1,675,390

$(1,199,114)

$(434,448)

$—

$41,828

a

At

April

30,

2026,

the

Fund

received

U.S

Treasury

Bills,

Bonds

and

Notes

as

collateral

for

derivatives.

b

In

some

instances,

the

collateral

amounts

disclosed

in

the

table

above

were

adjusted

due

to

the

requirement

to

limit

the

collateral

amounts

to

avoid

the

effect

of

over

collateralization.

Actual

collateral

received

and/or

pledged

may

be

more

than

the

amounts

disclosed

herein.

c

See

the

accompanying

Schedule

of

Investments

for

securities

pledged

as

collateral

for

derivatives.

8. #### Other

#### Derivative

#### Information
(continued)

Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

10. #### Credit

#### Facility
The

Fund,

together

with

other

U.S.

registered

and

foreign

investment

funds

(collectively,

Borrowers),

managed

by

Franklin

Templeton,

are

borrowers

in

a

joint

syndicated

senior

unsecured

credit

facility

totaling

$2.995

billion

(Global

Credit

Facility)

which

matures

on

January

29,

2027. This

Global

Credit

Facility

provides

a

source

of

funds

to

the

Borrowers

for

temporary

and

emergency

purposes,

including

the

ability

to

meet

future

unanticipated

or

unusually

large

redemption

requests.

Under

the

terms

of

the

Global

Credit

Facility,

the

Fund

may,

in

addition

to

interest

charged

on

any

borrowings

made

by

the

Fund

and

other

costs

incurred

by

the

Fund,

pay

its

share

of

fees

and

expenses

incurred

in

connection

with

the

implementation

and

maintenance

of

the

Global

Credit

Facility,

based

upon

its

relative

share

of

the

aggregate

net

assets

of

all

of

the

Borrowers,

including

an

annual

commitment

fee

of

0.15%

based

upon

the

unused

portion

of

the

Global

Credit

Facility.

These

fees

are

reflected

in

other

expenses

in

the

Statement

of

Operations.

During

the

period

ended

April

30,

2026,

the Fund

did

not

use

the

Global

Credit

Facility.

11. #### Fair

#### Value

#### Measurements
The

Fund

follows

a

fair

value

hierarchy

that

distinguishes

between

market

data

obtained

from

independent

sources

(observable

inputs)

and

the Fund's

own

market

assumptions

(unobservable

inputs).

These

inputs

are

used

in

determining

the

value

of

the

Fund's financial

instruments

and

are

summarized

in

the

following

fair

value

hierarchy:

Level

–

quoted

prices

in

active

markets

for

identical

financial

instruments

Level

–

other

significant

observable

inputs

(including

quoted

prices

for

similar

financial

instruments,

interest

rates,

prepayment

speed,

credit

risk,

etc.)

Level

–

significant

unobservable

inputs

(including

the

Fund's

own

assumptions

in

determining

the

fair

value

of

financial

instruments)

The

input

levels

are

not

necessarily

an

indication

of

the

risk

or

liquidity

associated

with

financial

instruments

at

that

level.

A

summary

of

inputs

used

as

of

April

30,

2026,

in

valuing

the

Fund's assets

and

liabilities carried

at

fair

value,

is

as

follows:

#### Level

#### 1

#### Level

#### 2

#### Level

#### 3

#### Total

#### Putnam

#### Global

#### Income

#### Trust

#### Assets:
Investments

in

Securities:

a

Management

Investment

Companies

.........

$

5,435,295

$

—

$

—

$

5,435,295

Corporate

Bonds

........................

—

72,441,266

—

72,441,266

Foreign

Government

and

Agency

Securities

....

—

67,733,773

—

67,733,773

Asset-Backed

Securities

...................

—

15,183,292

—

15,183,292

Commercial

Mortgage-Backed

Securities

......

—

10,354,845

—

10,354,845

Mortgage-Backed

Securities

................

—

39,739,343

—

39,739,343

Residential

Mortgage-Backed

Securities

.......

—

15,100,637

—

15,100,637

Agency

Commercial

Mortgage-Backed

Securities

—

13,042,803

—

13,042,803

Short

Term

Investments

...................

5,103,022

1,587,904

—

6,690,926

Total

Investments

in

Securities

...........

$10,538,317

$235,183,863

$—

$245,722,180

Other

Financial

Instruments:

Forward

Exchange

Contracts

...............

$—

$1,080,180

$—

$1,080,180

Forward

Premium

Swap

Option

Contracts

.....

—

607,947

—

607,947

Futures

Contracts

.......................

112,823

—

—

112,823

Swap

Contracts

.........................

—

637,153

—

637,153

Total

Other

Financial

Instruments

.........

$112,823

$2,325,280

$—

$2,438,103

–

–

–

–

Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

12. #### Operating

#### Segments
The Fund operates

as

a

single

operating

segment,

which

is

an

investment

portfolio.

The

portfolio

managers

assigned

to

the

Fund

within

the

Fund's

investment

manager serve

as

the

Chief

Operating

Decision

Maker

("CODM")

and

are

responsible

for

evaluating

the

Fund's

operating

results

and

allocating

resources

in

accordance

with

the

Fund's

investment

strategy.

Internal

reporting

provided

to

the

CODM

aligns

with

the

accounting

policies

and

measurement

principles

used

in

the financial

statements.

For

information

regarding

segment

assets,

segment

profit

or

loss,

and

significant

expenses,

refer

to

the Statement

of

Assets

and

Liabilities

and

the Statement

of

Operations,

along

with

the

related

notes

to

the financial

statements.

The Schedule

of

Investments

provides

details

of

the Fund's investments

that

generate

returns

such

as

interest,

dividends,

and

realized

and

unrealized

gains

or

losses.

Performance

metrics,

including

portfolio

turnover

and

expense

ratios,

are

disclosed

in

the Financial

Highlights.

13. #### Subsequent

#### Events
The Fund

has

evaluated

subsequent

events

through

the

issuance

of

the

financial

statements

and

determined

that

no

events

have

occurred

that

require

disclosure

other

than

those

already

disclosed

in

the

financial

statements.

#### Level

#### 1

#### Level

#### 2

#### Level

#### 3

#### Total

#### Putnam

#### Global

#### Income

#### Trust
(continued)

#### Liabilities:
Other

Financial

Instruments:

TBA

Sale

Commitments

...................

$

—

$

3,061,572

$

—

$

3,061,572

Forward

Exchange

Contracts

...............

—

1,018,754

—

1,018,754

Forward

Premium

Swap

Option

Contracts

......

—

652,171

—

652,171

Futures

Contracts

........................

720,978

—

—

720,978

Swap

Contracts

.........................

—

179,844

—

179,844

Total

Other

Financial

Instruments

.........

$720,978

$4,912,341

$—

$5,633,319

a

For

detailed

categories,

see

the

accompanying

Schedule

of

Investments.

11. #### Fair

#### Value

#### Measurements
(continued)

Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Abbreviations

#### Counterparty

#### BOFA
Bank

of

America

NA

#### BZWS
Barclays

Bank

plc

#### CITI
Citibank

NA

#### DBAB
Deutsche

Bank

AG

#### GSCO
Goldman

Sachs

Group,

Inc.

#### HSBK
HSBC

Bank

plc

#### JPHQ
JPMorgan

Chase

Bank

NA

#### MCM
Mizuho

Capital

Markets

LLC

#### MLCO
Merrill

Lynch

International

&

Co.

#### MSCO
Morgan

Stanley

#### NATW
Natwest

Markets

plc

#### SSBT
State

Street

Bank

and

Trust

Co.

#### TDOM
Toronto

Dominion

Bank

#### UBSW
UBS

AG

#### WPAC
Westpac

Banking

Corp.

#### Cu

#### r

#### rency

#### AUD
Australian

Dollar

#### CAD
Canadian

Dollar

#### CHF
Swiss

Franc

#### CNY
Chinese

Yuan

#### DKK
Danish

Krone

#### EUR
Euro

#### GBP
British

Pound

#### JPY
Japanese

Yen

#### KRW
South

Korean

Won

#### MXN
Mexican

Peso

#### MYR
Malaysian

Ringgit

#### NOK
Norwegian

Krone

#### NZD
New

Zealand

Dollar

#### PLN
Polish

Zloty

#### SEK
Swedish

Krona

#### THB
Thai

Baht

#### Index

#### CDX.NA.IG.

#### Series

#### number
CDX

North

America

Investment

Grade

Index

#### CMBX.NA.

#### Series

#### number
CMBX

North

America

Index

#### Selected

#### Portfolio

#### AUD

#### BBR
Australian

Bank

Bill

Rate

#### CLO
Collateralized

Loan

Obligation

#### CMT
Constant

Monthly

U.S.

Treasury

Securities

Yield

Curve

Rate

Index

#### CORRA
Canadian

Overnight

Repo

Rate

Average

#### ETF
Exchange-Traded

Fund

#### EURIBOR
Euro

Inter-Bank

Offer

Rate

#### FHLMC
Federal

Home

Loan

Mortgage

Corp.

#### FNMA
Federal

National

Mortgage

Association

#### FRN
Floating

Rate

Note

#### GNMA
Government

National

Mortgage

Association

#### IO
Interest

Only

#### NIBOR
Norwegian

Interbank

Offered

Rate

#### PIK
Payment-In-Kind

#### REIT
Real

Estate

Investment

Trust

#### REMIC
Real

Estate

Mortgage

Investment

Conduit

#### SARON
Swiss

Average

Rate

Overnight

#### SOFR
Secured

Overnight

Financing

Rate

#### SONIA
Sterling

Overnight

Index

Average

#### STACR
Structured

Agency

Credit

Risk

#### STIBOR
Stockholm

Interbank

Offered

Rate

#### T-Note
Treasury

Note

The

following

reference

rates,

and

their

values

as

of

period

end,

are

used

for

security

descriptions:

#### Reference

#### Index

#### Reference

#### Rate
1-day

REPO_CORRA

.................

2.30%

1-day

SARON

.......................

(0.05)%

1-day

SOFR

........................

3.66%

1-day

SONIA

........................

3.73%

1-week

CNY-Fixing

Repo

Rate

..........

1.40%

3-month

AUD

BBR

...................

4.37%

3-month

CD_KSDA

...................

2.81%

3-month

STIBOR

....................

2.09%

6-month

AUD

BBR

...................

4.77%

6-month

EURIBOR

...................

2.52%

6-month

NIBOR

.....................

4.77%

Putnam

Global

Income

Trust

franklintempleton.com

Semiannual

Report

#### Changes

#### In

#### and

#### Disagreements

#### with

#### Accountants
For

the

period

covered

by

this

report

Not

applicable.

#### Results

#### of

#### Meeting(s)

#### of

#### Shareholders
For

the

period

covered

by

this

report

Not

applicable.

#### Remuneration

#### Paid

#### to

#### Directors,

#### Officers

#### and

#### Others
For

the

period

covered

by

this

report

Refer

to

the

financial

statements

included

herein.

Remuneration

to

officers

is

paid

by

the

Fund's

investment

manager

according

to

the

terms

of

the

agreement.

#### Board

#### Approval

#### of

#### Management

#### and

#### Subadvisory

#### Agreements
For

the

period

covered

by

this

report

Not

applicable.

38916-SFSOI

06/26©

2026

Franklin

Templeton.

All

rights

reserved.

ITEM 8. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.

The information is disclosed as part of the Financial Statements included in Item 7 of this Form N-CSR.

ITEM 9. PROXY DISCLOSURES FOR OPEN-END MANAGEMENT INVESTMENT COMPANIES.

The information is disclosed as part of the Financial Statements included in Item 7 of this Form N-CSR.

ITEM 10. REMUNERATION PAID TO DIRECTORS, OFFICERS, AND OTHERS OF OPEN-END MANAGEMENT INVESTMENT COMPANIES.

The information is disclosed as part of the Financial Statements included in Item 7 of this Form N-CSR.

ITEM 11. STATEMENT REGARDING BASIS FOR APPROVAL OF INVESTMENT ADVISORY CONTRACT.

The information is disclosed as part of the Financial Statements included in Item 7 of this Form N-CSR, as applicable.

ITEM 12. DISCLOSURE OF PROXY VOTING POLICIES AND PROCEDURES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

ITEM 13. PORTFOLIO MANAGERS OF CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

ITEM 14. PURCHASES OF EQUITY SECURITIES BY CLOSED-END MANAGEMENT INVESTMENT COMPANY AND AFFILIATED PURCHASERS.

Not applicable.

---

| | |
|:---|:---|
| ITEM 15. | SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS. |

---

There have been no changes to the procedures by which shareholders may recommend nominees to the Registrant's Board of Trustees that would require disclosure herein.

ITEM 16. CONTROLS AND PROCEDURES.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Registrants acknowledge the Staff's comment. In future filings on Form N-CSR, the certifications required by Rule 30a-2 and
 Item 19(a)(3) will include the designations "principal executive officer" and "principal financial officer" in
 the signature blocks, reflecting the capacity in which each signatory executes the certification, in conformity with the language of the
 Rule and Form N-CSR. The Registrants may also include each signatory's actual title with respect to the Funds alongside the required
 designation.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) During the period covered by this report, the Registrant transitioned to a new third-party service provider who performs certain accounting
 and administrative services for the Registrant that are subject to Franklin Templeton's oversight.

ITEM 17. DISCLOSURE OF SECURITIES LENDING ACTIVITIES FOR CLOSED-END MANAGEMENT INVESTMENT COMPANIES.

Not applicable.

ITEM 18. RECOVERY OF ERRONEOUSLY AWARDED COMPENSATION.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Not applicable.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) Not applicable.

ITEM 19. EXHIBITS.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) (1) Not applicable.

Exhibit 99.CODE ETH

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[(a) (3) Certifications pursuant to section 302 of the Sarbanes-Oxley Act of 2002 attached hereto.](pgit-efp25081_ex99cert.htm)

Exhibit 99.CERT

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;[(b) Certifications pursuant to Section 906 of the Sarbanes-Oxley Act of 2002 attached hereto.](pgit-efp25081_ex99906cert.htm)

Exhibit 99.906CERT

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this Report to be signed on its behalf by the undersigned, there unto duly authorized.

**Putnam Global Income Trust**

---

| | |
|:---|:---|
| By: | /s/ Jonathan S. Horwitz |

---

Jonathan S. Horwitz

Principal Executive Officer

Date: <u>June 25, 2026</u>

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

---

| | |
|:---|:---|
| By: | /s/ Jonathan S. Horwitz |

---

Jonathan S. Horwitz

Principal Executive Officer

Date: <u>June 25, 2026</u>

---

| | |
|:---|:---|
| By: | /s/ Jeffrey White |

---

Jeffrey White

Principal Financial Officer

Date: <u>June 25, 2026</u>

## Ex-99.Cert

CERTIFICATIONS PURSUANT TO SECTION 302

EX-99.CERT

**<u>CERTIFICATIONS</u>**

I, Jonathan S. Horwitz, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;1. I have reviewed this report on Form N-CSR of **Putnam Global Income Trust**;

&nbsp;&nbsp;&nbsp;&nbsp;2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary
to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period
covered by this report;

&nbsp;&nbsp;&nbsp;&nbsp;3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material
respects the financial condition, results of operations, changes in net assets, and cash flows (if the financial statements are required
to include a statement of cash flows) of the registrant as of, and for, the periods presented in this report;

&nbsp;&nbsp;&nbsp;&nbsp;4. The registrant's other certifying officers and I are responsible for establishing and maintaining disclosure controls and procedures
(as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule
30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to
be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries,
is made known to us by others within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) Designed such internal control over financial reporting, or caused such internal control over financial
reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the
preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented
in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to
the filing date of this report based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) Disclosed in this report any change in the registrant's internal control over financial reporting
that occurred during the period covered by this report that has materially affected, or is reasonably likely to materially affect, the
registrant's internal control over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;5. The registrant's other certifying officers and I have disclosed to the registrant's auditors
and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) All significant deficiencies and material weaknesses in the design or operation of internal control over
financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and
report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) Any fraud, whether or not material, that involves management or other employees who have a significant
role in the registrant's internal control over financial reporting.

---

| | |
|:---|:---|
| Date: | June 25, 2026 |
| /s/ Jonathan S. Horwitz | /s/ Jonathan S. Horwitz |
| Jonathan S. Horwitz | Jonathan S. Horwitz |
| Principal Executive Officer | Principal Executive Officer |

---

**<u>CERTIFICATIONS</u>**

I, Jeffrey White, certify that:

&nbsp;&nbsp;&nbsp;&nbsp;1. I have reviewed this report on Form N-CSR of **Putnam Global Income Trust**;

&nbsp;&nbsp;&nbsp;&nbsp;2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to
state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not
misleading with respect to the period covered by this report;

&nbsp;&nbsp;&nbsp;&nbsp;3. Based on my knowledge, the financial information included in this report, and the financial statements
on which the financial information is based, fairly present in all material respects the financial condition, results of operations, changes
in net assets, and cash flows (if the financial statements are required to include a statement of cash flows) of the registrant as of,
and for, the periods presented in this report;

&nbsp;&nbsp;&nbsp;&nbsp;4. The registrant's other certifying officers and I are responsible for establishing and maintaining
disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial
reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision,
to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others
within those entities, particularly during the period in which this report is being prepared;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under
our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted accounting principles;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;c) Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions
about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report
based on such evaluation; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;d) Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the period
covered by this report that has materially affected, or is reasonably likely to materially affect, the registrant's internal control
over financial reporting; and

&nbsp;&nbsp;&nbsp;&nbsp;5. The registrant's other certifying officers and I have disclosed to the registrant's auditors
and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;a) All significant deficiencies and material weaknesses
in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's
ability to record, process, summarize, and report financial information; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;b) Any fraud, whether or not material, that involves
management or other employees who have a significant role in the registrant's internal control over financial reporting.

---

| | |
|:---|:---|
| Date: | June 25, 2026 |
| /s/ Jeffrey White | /s/ Jeffrey White |
| Jeffrey White | Jeffrey White |
| Principal Financial Officer | Principal Financial Officer |

---

## Exhibit 99.906

CERTIFICATIONS PURSUANT TO SECTION 906

EX-99.906CERT

**CERTIFICATION**

**Jonathan S. Horwitz,** Principal Executive Officer, and **Jeffrey White,** Principal Financial Officer of **Putnam Global Income Trust** (the "Registrant"), each certify to the best of their knowledge that:

&nbsp;&nbsp;&nbsp;&nbsp;1. The Registrant's periodic report on Form N-CSR for the period ended **April 30, 2026** (the "Form N-CSR") fully complies with the requirements of Section 13(a) or 15(d), as applicable, of the Securities Exchange Act of 1934, as amended; and

&nbsp;&nbsp;&nbsp;&nbsp;2. The information contained in the Form N-CSR fairly presents, in all material respects, the financial condition and results of operations of the Registrant.

---

| | |
|:---|:---|
| **Principal Executive Officer** <br> Putnam Global Income Trust  | **Principal Financial Office**r<br> Putnam Global Income Trust |
| /s/ Jonathan S. Horwitz | /s/ Jeffrey White |
| Jonathan S. Horwitz | Jeffrey White |
| Date: June 25, 2026 | Date: June 25, 2026 |

---

This certification is being furnished to the Securities and Exchange Commission solely pursuant to 18 U.S.C. § 1350 and is not being filed as part of the Form N-CSR with the Commission.