# EDGAR Filing Document

**Accession Number:** 0000794614
**File Stem:** 0001133228-25-006842
**Filing Date:** 2025-6
**Character Count:** 259108
**Document Hash:** d55d2250f12d92dc97bba2a4f3837e5c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001133228-25-006842.hdr.sgml**: 20250627

**ACCESSION NUMBER**: 0001133228-25-006842

**CONFORMED SUBMISSION TYPE**: N-CSRS

**PUBLIC DOCUMENT COUNT**: 31

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250627

**DATE AS OF CHANGE**: 20250627

**EFFECTIVENESS DATE**: 20250627

**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:** 251084491

**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'? 2025-05-2374200164900_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, 2025**

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](i202405220716489.jpg) |
| Class A [PGGIX] | ![image](i202405220716489.jpg) |
| Semi-Annual Shareholder Report \| April 30, 2025  | ![image](i202405220716489.jpg) |
| ![image](i202408190904545.jpg) | ![image](i202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Putnam Global Income Trust for the period November 1, 2024, to April 30, 2025.

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 | $46 | 0.91% |

---

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

† Annualized.

**KEY FUND STATISTICS** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Total Net Assets** | $214824599 |
| **Total Number of Portfolio Holdings**<sup>\*</sup>  | 658 |
| **Portfolio Turnover Rate** | 194% |

---

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

**WHAT DID THE FUND INVEST IN?** (as of April 30, 2025)

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

![image](ts4124img003.jpg)

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

---

| | |
|:---|:---|
| ![image](i202405310907293.jpg) | **WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?** |
| ![image](i202405310907293.jpg) | Additional information is available on https://www.franklintempleton.com/regulatory-fund-documents, including its: |
| ![image](i202405310907293.jpg) | • prospectus • proxy voting information • financial information • holdings • tax information |

---

Putnam Global Income Trust PAGE 1 38916-STSA-0625

29.827.814.48.45.54.94.61.43.2 ------

---

| | |
|:---|:---|
| **Putnam Global Income Trust**  | ![image](i202405220716489.jpg) |
| Class C [PGGLX] | ![image](i202405220716489.jpg) |
| Semi-Annual Shareholder Report \| April 30, 2025  | ![image](i202405220716489.jpg) |
| ![image](i202408190904545.jpg) | ![image](i202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Putnam Global Income Trust for the period November 1, 2024, to April 30, 2025.

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 | $83 | 1.66% |

---

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

† Annualized.

**KEY FUND STATISTICS** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Total Net Assets** | $214824599 |
| **Total Number of Portfolio Holdings**<sup>\*</sup>  | 658 |
| **Portfolio Turnover Rate** | 194% |

---

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

**WHAT DID THE FUND INVEST IN?** (as of April 30, 2025)

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

![image](ts4125img003.jpg)

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

---

| | |
|:---|:---|
| ![image](i202405310907293.jpg) | **WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?** |
| ![image](i202405310907293.jpg) | Additional information is available on https://www.franklintempleton.com/regulatory-fund-documents, including its: |
| ![image](i202405310907293.jpg) | • prospectus • proxy voting information • financial information • holdings • tax information |

---

Putnam Global Income Trust PAGE 1 38916-STSC-0625

29.827.814.48.45.54.94.61.43.2 ------

---

| | |
|:---|:---|
| **Putnam Global Income Trust**  | ![image](i202405220716489.jpg) |
| Class R [PGBRX] | ![image](i202405220716489.jpg) |
| Semi-Annual Shareholder Report \| April 30, 2025  | ![image](i202405220716489.jpg) |
| ![image](i202408190904545.jpg) | ![image](i202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Putnam Global Income Trust for the period November 1, 2024, to April 30, 2025.

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 | $58 | 1.16% |

---

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

† Annualized.

**KEY FUND STATISTICS** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Total Net Assets** | $214824599 |
| **Total Number of Portfolio Holdings**<sup>\*</sup>  | 658 |
| **Portfolio Turnover Rate** | 194% |

---

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

**WHAT DID THE FUND INVEST IN?** (as of April 30, 2025)

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

![image](ts4126img003.jpg)

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

---

| | |
|:---|:---|
| ![image](i202405310907293.jpg) | **WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?** |
| ![image](i202405310907293.jpg) | Additional information is available on https://www.franklintempleton.com/regulatory-fund-documents, including its: |
| ![image](i202405310907293.jpg) | • prospectus • proxy voting information • financial information • holdings • tax information |

---

Putnam Global Income Trust PAGE 1 38916-STSR-0625

29.827.814.48.45.54.94.61.43.2 ------

---

| | |
|:---|:---|
| **Putnam Global Income Trust**  | ![image](i202405220716489.jpg) |
| Class R5 [PGGDX] | ![image](i202405220716489.jpg) |
| Semi-Annual Shareholder Report \| April 30, 2025  | ![image](i202405220716489.jpg) |
| ![image](i202408190904545.jpg) | ![image](i202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Putnam Global Income Trust for the period November 1, 2024, to April 30, 2025.

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 | $28 | 0.55% |

---

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

† Annualized.

**KEY FUND STATISTICS** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Total Net Assets** | $214824599 |
| **Total Number of Portfolio Holdings**<sup>\*</sup>  | 658 |
| **Portfolio Turnover Rate** | 194% |

---

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

**WHAT DID THE FUND INVEST IN?** (as of April 30, 2025)

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

![image](ts4127img003.jpg)

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

---

| | |
|:---|:---|
| ![image](i202405310907293.jpg) | **WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?** |
| ![image](i202405310907293.jpg) | Additional information is available on https://www.franklintempleton.com/regulatory-fund-documents, including its: |
| ![image](i202405310907293.jpg) | • prospectus • proxy voting information • financial information • holdings • tax information |

---

Putnam Global Income Trust PAGE 1 38916-STSR5-0625

29.827.814.48.45.54.94.61.43.2 ------

---

| | |
|:---|:---|
| **Putnam Global Income Trust**  | ![image](i202405220716489.jpg) |
| Class R6 [PGGEX] | ![image](i202405220716489.jpg) |
| Semi-Annual Shareholder Report \| April 30, 2025  | ![image](i202405220716489.jpg) |
| ![image](i202408190904545.jpg) | ![image](i202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Putnam Global Income Trust for the period November 1, 2024, to April 30, 2025.

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, 2025)

---

| | |
|:---|:---|
| **Total Net Assets** | $214824599 |
| **Total Number of Portfolio Holdings**<sup>\*</sup>  | 658 |
| **Portfolio Turnover Rate** | 194% |

---

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

**WHAT DID THE FUND INVEST IN?** (as of April 30, 2025)

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

![image](ts4128img003.jpg)

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

---

| | |
|:---|:---|
| ![image](i202405310907293.jpg) | **WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?** |
| ![image](i202405310907293.jpg) | Additional information is available on https://www.franklintempleton.com/regulatory-fund-documents, including its: |
| ![image](i202405310907293.jpg) | • prospectus • proxy voting information • financial information • holdings • tax information |

---

Putnam Global Income Trust PAGE 1 38916-STSR6-0625

29.827.814.48.45.54.94.61.43.2 ------

---

| | |
|:---|:---|
| **Putnam Global Income Trust**  | ![image](i202405220716489.jpg) |
| Class Y [PGGYX] | ![image](i202405220716489.jpg) |
| Semi-Annual Shareholder Report \| April 30, 2025  | ![image](i202405220716489.jpg) |
| ![image](i202408190904545.jpg) | ![image](i202408190904545.jpg) |

---

This semi-annual shareholder report contains important information about Putnam Global Income Trust for the period November 1, 2024, to April 30, 2025.

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 | $33 | 0.66% |

---

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

† Annualized.

**KEY FUND STATISTICS** (as of April 30, 2025)

---

| | |
|:---|:---|
| **Total Net Assets** | $214824599 |
| **Total Number of Portfolio Holdings**<sup>\*</sup>  | 658 |
| **Portfolio Turnover Rate** | 194% |

---

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

**WHAT DID THE FUND INVEST IN?** (as of April 30, 2025)

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

![image](ts4129img003.jpg)

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

---

| | |
|:---|:---|
| ![image](i202405310907293.jpg) | **WHERE CAN I FIND ADDITIONAL INFORMATION ABOUT THE FUND?** |
| ![image](i202405310907293.jpg) | Additional information is available on https://www.franklintempleton.com/regulatory-fund-documents, including its: |
| ![image](i202405310907293.jpg) | • prospectus • proxy voting information • financial information • holdings • tax information |

---

Putnam Global Income Trust PAGE 1 38916-STSY-0625

29.827.814.48.45.54.94.61.43.2 ------

&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,

2025

#### Table

#### of

#### Contents
franklintempleton.com

Financial

Statements

and

Other

Important

Information—Semiannual

Financial

Highlights

and

Schedule

of

Investments

#### 2
Financial

Statements

#### 39
Notes

to

Financial

Statements

#### 43
Changes

In

and

Disagreements

with

Accountants

#### 59
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,

#### 2025
(unaudited)

#### Year

#### Ended

#### October

#### 31,

#### 2024

#### 2023

#### 2022

#### 2021

#### 2020

#### Class

#### A

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

.....

$10.10

$9.41

$9.47

$11.95

$12.45

$12.35

Income

from

investment

operations

a

:

Net

investment

income

b

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

0.18 0.37 0.33 0.26 0.24 0.22 Net

realized

and

unrealized

gains

(losses)

0.11 0.60 (0.19)

(2.54)

(0.54)

0.10 Total

from

investment

operations

........

0.29 0.97 0.14 (2.28)

(0.30)

0.32 Less

distributions

from:

Net

investment

income

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

(0.31)

(0.28)

(0.19)

(0.06)

(0.20)

(0.07)

Tax

return

of

capital

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

—

—

(0.01)

(0.14)

—

(0.15)

Total

distributions

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

(0.31)

(0.28)

(0.20)

(0.20)

(0.20)

(0.22)

Net

asset

value,

end

of

period

..........

$10.08

$10.10

$9.41

$9.47

$11.95

$12.45

Total

return

c

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

2.93%

10.35%

1.45%

(19.23)%

(2.43)%

2.64%

#### Ratios

#### to

#### average

#### net

#### assets

#### d
Expenses

before

waiver

and

payments

by

affiliates

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

1.19%

1.24%

1.35%

1.26%

1.18%

1.20%

Expenses

net

of

waiver

and

payments

by

affiliates

e

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

0.91%

0.93%

0.93%

0.91%

0.88%

1.09%

Net

investment

income

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

3.71%

3.69%

3.38%

2.38%

1.91%

1.76%

#### Supplemental

#### data
Net

assets

,

end

of

period

(000's)

........

$72,780

$75,726

$77,720

$78,619

$110,713

$114,466

Portfolio

turnover

rate

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

194%

693%

925%

989%

838%

590%

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,

#### 2025
(unaudited)

#### Year

#### Ended

#### October

#### 31,

#### 2024

#### 2023

#### 2022

#### 2021

#### 2020

#### Class

#### C

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

.....

$10.05

$9.37

$9.43

$11.89

$12.39

$12.29

Income

from

investment

operations

a

:

Net

investment

income

b

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

0.15 0.29 0.25 0.17 0.14 0.12 Net

realized

and

unrealized

gains

(losses)

0.10 0.59 (0.18)

(2.50)

(0.53)

0.11 Total

from

investment

operations

........

0.25 0.88 0.07 (2.33)

(0.39)

0.23 Less

distributions

from:

Net

investment

income

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

(0.27)

(0.20)

(0.12)

(0.04)

(0.11)

(0.04)

Tax

return

of

capital

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

—

—

(0.01)

(0.09)

—

(0.09)

Total

distributions

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

(0.27)

(0.20)

(0.13)

(0.13)

(0.11)

(0.13)

Net

asset

value,

end

of

period

..........

$10.03

$10.05

$9.37

$9.43

$11.89

$12.39

Total

return

c

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

2.55%

9.47%

0.69%

(19.77)%

(3.19)%

1.88%

#### Ratios

#### to

#### average

#### net

#### assets

#### d
Expenses

before

waiver

and

payments

by

affiliates

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

1.94%

1.99%

2.10%

2.01%

1.93%

1.95%

Expenses

net

of

waiver

and

payments

by

affiliates

e

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

1.66%

1.68%

1.68%

1.66%

1.63%

1.84%

Net

investment

income

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

2.96%

2.94%

2.54%

1.55%

1.14%

1.03%

#### Supplemental

#### data
Net

assets

,

end

of

period

(000's)

........

$1,810

$1,936

$1,552

$2,143

$3,833

$6,508

Portfolio

turnover

rate

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

194%

693%

925%

989%

838%

590%

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,

#### 2025
(unaudited)

#### Year

#### Ended

#### October

#### 31,

#### 2024

#### 2023

#### 2022

#### 2021

#### 2020

#### Class

#### R

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

.....

$10.10

$9.41

$9.47

$11.94

$12.45

$12.35

Income

from

investment

operations

a

:

Net

investment

income

b

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

0.17 0.34 0.31 0.24 0.21 0.19 Net

realized

and

unrealized

gains

(losses)

0.10 0.61 (0.19)

(2.54)

(0.55)

0.10 Total

from

investment

operations

........

0.27 0.95 0.12 (2.30)

(0.34)

0.29 Less

distributions

from:

Net

investment

income

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

(0.30)

(0.26)

(0.17)

(0.05)

(0.17)

(0.06)

Tax

return

of

capital

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

—

—

(0.01)

(0.12)

—

(0.13)

Total

distributions

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

(0.30)

(0.26)

(0.18)

(0.17)

(0.17)

(0.19)

Net

asset

value,

end

of

period

..........

$10.07

$10.10

$9.41

$9.47

$11.94

$12.45

Total

return

c

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

2.70%

10.09%

1.20%

(19.35)%

(2.76)%

2.39%

#### Ratios

#### to

#### average

#### net

#### assets

#### d
Expenses

before

waiver

and

payments

by

affiliates

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

1.44%

1.49%

1.60%

1.51%

1.43%

1.45%

Expenses

net

of

waiver

and

payments

by

affiliates

e

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

1.16%

1.18%

1.18%

1.16%

1.13%

1.34%

Net

investment

income

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

3.46%

3.44%

3.16%

2.18%

1.69%

1.52%

#### Supplemental

#### data
Net

assets

,

end

of

period

(000's)

........

$1,173

$1,221

$1,243

$1,460

$1,963

$2,475

Portfolio

turnover

rate

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

194%

693%

925%

989%

838%

590%

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,

#### 2025
(unaudited)

#### Year

#### Ended

#### October

#### 31,

#### 2024

#### 2023

#### 2022

#### 2021

#### 2020

#### Class

#### R5

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

.....

$10.10

$9.41

$9.47

$11.94

$12.44

$12.35

Income

from

investment

operations

a

:

Net

investment

income

b

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

0.20 0.41 0.37 0.30 0.28 0.26 Net

realized

and

unrealized

gains

(losses)

0.11 0.60 (0.19)

(2.53)

(0.54)

0.09 Total

from

investment

operations

........

0.31 1.01 0.18 (2.23)

(0.26)

0.35 Less

distributions

from:

Net

investment

income

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

(0.33)

(0.32)

(0.23)

(0.07)

(0.24)

(0.08)

Tax

return

of

capital

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

—

—

(0.01)

(0.17)

—

(0.18)

Total

distributions

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

(0.33)

(0.32)

(0.24)

(0.24)

(0.24)

(0.26)

Net

asset

value,

end

of

period

..........

$10.08

$10.10

$9.41

$9.47

$11.94

$12.44

Total

return

c

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

3.13%

10.75%

1.82%

(18.88)%

(2.12)%

2.91%

#### Ratios

#### to

#### average

#### net

#### assets

#### d
Expenses

before

waiver

and

payments

by

affiliates

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

0.83%

0.86%

0.97%

0.90%

0.85%

0.86%

Expenses

net

of

waiver

and

payments

by

affiliates

e

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

0.55%

0.55%

0.55%

0.55%

0.55%

0.75%

Net

investment

income

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

4.06%

4.06%

3.82%

2.76%

2.25%

2.10%

#### Supplemental

#### data
Net

assets

,

end

of

period

(000's)

........

$58

$51

$58

$32

$44

$33

Portfolio

turnover

rate

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

194%

693%

925%

989%

838%

590%

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,

#### 2025
(unaudited)

#### Year

#### Ended

#### October

#### 31,

#### 2024

#### 2023

#### 2022

#### 2021

#### 2020

#### Class

#### R6

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

.....

$10.10

$9.41

$9.47

$11.95

$12.45

$12.35

Income

from

investment

operations

a

:

Net

investment

income

b

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

0.20 0.41 0.38 0.31 0.29 0.26 Net

realized

and

unrealized

gains

(losses)

0.10 0.61 (0.19)

(2.53)

(0.54)

0.11 Total

from

investment

operations

........

0.30 1.02 0.19 (2.22)

(0.25)

0.37 Less

distributions

from:

Net

investment

income

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

(0.33)

(0.33)

(0.24)

(0.08)

(0.25)

(0.08)

Tax

return

of

capital

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

—

—

(0.01)

(0.18)

—

(0.19)

Total

distributions

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

(0.33)

(0.33)

(0.25)

(0.26)

(0.25)

(0.27)

Net

asset

value,

end

of

period

..........

$10.07

$10.10

$9.41

$9.47

$11.95

$12.45

Total

return

c

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

3.06%

10.88%

1.93%

(18.88)%

(2.05)%

3.05%

#### Ratios

#### to

#### average

#### net

#### assets

#### d
Expenses

before

waiver

and

payments

by

affiliates

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

0.76%

0.79%

0.90%

0.83%

0.78%

0.79%

Expenses

net

of

waiver

and

payments

by

affiliates

e

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

0.48%

0.48%

0.48%

0.48%

0.48%

0.68%

Net

investment

income

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

4.14%

4.14%

3.84%

2.80%

2.31%

2.14%

#### Supplemental

#### data
Net

assets

,

end

of

period

(000's)

........

$12,553

$17,012

$22,287

$20,822

$30,989

$35,357

Portfolio

turnover

rate

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

194%

693%

925%

989%

838%

590%

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,

#### 2025
(unaudited)

#### Year

#### Ended

#### October

#### 31,

#### 2024

#### 2023

#### 2022

#### 2021

#### 2020

#### Class

#### Y

#### Per

#### share

#### operating

#### performance
(for

a

share

outstanding

throughout

the

period)

Net

asset

value,

beginning

of

period

.....

$10.10

$9.41

$9.47

$11.94

$12.44

$12.35

Income

from

investment

operations

a

:

Net

investment

income

b

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

0.20 0.40 0.36 0.28 0.27 0.24 Net

realized

and

unrealized

gains

(losses)

0.09 0.59 (0.19)

(2.52)

(0.53)

0.11 Total

from

investment

operations

........

0.29 0.99 0.17 (2.24)

(0.26)

0.35 Less

distributions

from:

Net

investment

income

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

(0.32)

(0.30)

(0.22)

(0.07)

(0.24)

(0.08)

Tax

return

of

capital

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

—

—

(0.01)

(0.16)

—

(0.18)

Total

distributions

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

(0.32)

(0.30)

(0.23)

(0.23)

(0.24)

(0.26)

Net

asset

value,

end

of

period

..........

$10.07

$10.10

$9.41

$9.47

$11.94

$12.44

Total

return

c

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

2.96%

10.62%

1.70%

(18.98)%

(2.19)%

2.83%

#### Ratios

#### to

#### average

#### net

#### assets

#### d
Expenses

before

waiver

and

payments

by

affiliates

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

0.94%

0.99%

1.10%

1.01%

0.93%

0.95%

Expenses

net

of

waiver

and

payments

by

affiliates

e

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

0.66%

0.68%

0.68%

0.66%

0.63%

0.84%

Net

investment

income

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

3.96%

3.93%

3.64%

2.59%

2.17%

1.99%

#### Supplemental

#### data
Net

assets

,

end

of

period

(000's)

........

$126,450

$119,721

$56,728

$44,507

$88,836

$91,059

Portfolio

turnover

rate

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

194%

693%

925%

989%

838%

590%

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,

2025

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

#### 1.6%

#### Capital

#### Markets

#### 1.6%
a

Franklin

Ultra

Short

Bond

ETF

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

United

States

136,838

$

3,418,898

#### Total

#### Management

#### Investment

#### Companies

#### (Cost

#### $3,399,764)

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

#### 3,418,898

#### Principal

#### Amount

#### \*

#### Corporate

#### Bonds

#### 31.0%

#### Aerospace

#### &

#### Defense

#### 0.7%
Boeing

Co.

(The)

,

Senior

Bond,

2.95%,

2/01/30

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

United

States

24,000

22,038

Senior

Bond,

6.125%,

2/15/33

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

United

States

36,000

37,371

Senior

Bond,

3.375%,

6/15/46

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

United

States

62,000

41,259

Senior

Bond,

5.805%,

5/01/50

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

United

States

108,000

101,313

Senior

Bond,

6.858%,

5/01/54

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

United

States

139,000

148,607

Senior

Bond,

3.95%,

8/01/59

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

United

States

165,000

110,105

Senior

Note,

2.196%,

2/04/26

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

United

States

387,000

379,247

Senior

Note,

2.7%,

2/01/27

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

United

States

152,000

146,914

Senior

Note,

6.259%,

5/01/27

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

United

States

3,000

3,091

Senior

Note,

6.298%,

5/01/29

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

United

States

5,000

5,261

Senior

Note,

6.528%,

5/01/34

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

United

States

45,000

48,370

Howmet

Aerospace,

Inc.

,

Senior

Bond,

5.95%,

2/01/37

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

United

States

287,000

299,013

Senior

Note,

3%,

1/15/29

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

United

States

174,000

165,492

1,508,081

#### Automobiles

#### 0.4%
b

Hyundai

Capital

America

,

Senior

Bond,

144A,

6.375%,

4/08/30

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

United

States

50,000

52,314

Senior

Note,

144A,

6.5%,

1/16/29

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

United

States

200,000

208,957

Senior

Note,

144A,

5.35%,

3/19/29

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

United

States

497,000

501,067

Senior

Note,

144A,

5.4%,

1/08/31

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

United

States

85,000

85,484

847,822

#### Banks

#### 4.9%
b

ABN

AMRO

Bank

NV

,

Sub.

Bond

,

144A,

4.75 %

,

7/28/25

......

Netherlands

400,000

399,645

Banco

Santander

SA

,

Senior

Non-Preferred

Bond,

4.379%,

4/12/28

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

Spain

200,000

198,872

Sub.

Bond,

5.179%,

11/19/25

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

Spain

400,000

400,517

Bank

of

America

Corp.

,

Senior

Bond,

5.511%

to

1/23/35,

FRN

thereafter,

1/24/36

...

United

States

98,000

99,371

Senior

Note,

4.948%

to

7/21/27,

FRN

thereafter,

7/22/28

....

United

States

368,000

371,994

Senior

Note,

5.162%

to

1/23/30,

FRN

thereafter,

1/24/31

....

United

States

97,000

98,838

Sub.

Bond,

5.425%

to

8/14/34,

FRN

thereafter,

8/15/35

.....

United

States

210,000

205,620

Sub.

Bond,

3.846%

to

3/07/32,

FRN

thereafter,

3/08/37

.....

United

States

473,000

421,922

Bank

of

Nova

Scotia

(The)

,

Junior

Sub.

Bond

,

7.35%

to

4/26/30,

FRN

thereafter

,

4/27/85

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

Canada

340,000

337,269

Barclays

plc

,

Senior

Note

,

5.367%

to

2/24/30,

FRN

thereafter

,

2/25/31

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

United

Kingdom

250,000

253,432

b

BNP

Paribas

SA

,

Sub.

Bond

,

144A,

4.375 %

,

5/12/26

.........

France

400,000

397,559

b

BPCE

SA

,

Senior

Non-Preferred

Bond

,

144A,

3.5 %

,

10/23/27

..

France

250,000

243,551

b

CaixaBank

SA

,

Senior

Non-Preferred

Note

,

144A,

5.673%

to

3/14/29,

FRN

thereafter

,

3/15/30

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

Spain

200,000

206,341

Citigroup,

Inc.

,

c

X,

Junior

Sub.

Bond,

3.875%

to

2/17/26,

FRN

thereafter,

Perpetual

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

United

States

373,000

363,697

Sub.

Bond,

6.174%

to

5/24/33,

FRN

thereafter,

5/25/34

.....

United

States

60,000

61,433

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

Commonwealth

Bank

of

Australia

,

Sub.

Bond

,

144A,

5.837 %

,

3/13/34

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

Australia

400,000

$

408,327

b

Credit

Agricole

SA

,

Sub.

Bond

,

144A,

4%

to

1/09/28,

FRN

thereafter

,

1/10/33

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

France

400,000

386,961

Fifth

Third

Bancorp

,

Senior

Note

,

4.895%

to

9/05/29,

FRN

thereafter

,

9/06/30

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

United

States

225,000

224,534

First-Citizens

Bank

&

Trust

Co.

,

Sub.

Bond

,

6.125 %

,

3/09/28

...

United

States

276,000

284,937

ING

Groep

NV

,

Senior

Note

,

6.083%

to

9/10/26,

FRN

thereafter

,

9/11/27

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

Netherlands

275,000

280,624

b

Intesa

Sanpaolo

SpA

,

Sub.

Bond

,

144A,

4.198%

to

5/31/31,

FRN

thereafter

,

6/01/32

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

Italy

251,000

224,622

JPMorgan

Chase

&

Co.

,

Senior

Bond,

5.502%

to

1/23/35,

FRN

thereafter,

1/24/36

...

United

States

133,000

135,374

Senior

Note,

1.04%

to

2/03/26,

FRN

thereafter,

2/04/27

.....

United

States

990,000

964,660

Senior

Note,

6.07%

to

10/21/26,

FRN

thereafter,

10/22/27

...

United

States

1,080,000

1,107,377

Senior

Note,

5.14%

to

1/23/30,

FRN

thereafter,

1/24/31

.....

United

States

337,000

344,268

Sub.

Bond,

5.717%

to

9/13/32,

FRN

thereafter,

9/14/33

.....

United

States

121,000

124,853

Mitsubishi

UFJ

Financial

Group,

Inc.

,

Senior

Note

,

5.159%

to

4/23/30,

FRN

thereafter

,

4/24/31

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

Japan

535,000

544,960

NatWest

Group

plc

,

Senior

Note

,

1.642%

to

6/13/26,

FRN

thereafter

,

6/14/27

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

United

Kingdom

301,000

291,121

d

Truist

Bank

,

Sub.

Bond

,

FRN

,

4.632 %

,

(5-year

CMT

T-Note

+

1.15 %),

9/17/29

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

United

States

250,000

244,785

Truist

Financial

Corp.

,

Senior

Bond

,

5.711%

to

1/23/34,

FRN

thereafter

,

1/24/35

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

United

States

180,000

183,183

US

Bancorp

,

Sub.

Bond

,

2.491%

to

11/02/31,

FRN

thereafter

,

11/03/36

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

United

States

294,000

243,392

Wells

Fargo

&

Co.

,

c

BB,

Junior

Sub.

Bond,

3.9%

to

3/14/26,

FRN

thereafter,

Perpetual

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

United

States

120,000

117,934

Senior

Note,

5.574%

to

7/24/28,

FRN

thereafter,

7/25/29

....

United

States

220,000

226,395

Sub.

Bond,

4.3%,

7/22/27

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

United

States

200,000

199,835

10,598,203

#### Biotechnology

#### 0.1%
AbbVie,

Inc.

,

Senior

Bond

,

5.05 %

,

3/15/34

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

United

States

63,000

63,552

Amgen,

Inc.

,

Senior

Bond,

5.65%,

3/02/53

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

United

States

93,000

89,325

Senior

Note,

5.25%,

3/02/30

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

United

States

185,000

190,319

343,196

#### Capital

#### Markets

#### 2.6%
Ares

Capital

Corp.

,

Senior

Note

,

3.875 %

,

1/15/26

...........

United

States

472,000

468,369

Bank

of

New

York

Mellon

(The)

,

Senior

Note

,

4.729%

to

4/19/28,

FRN

thereafter

,

4/20/29

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

United

States

615,000

623,820

Blackstone

Private

Credit

Fund

,

Senior

Note

,

3.25 %

,

3/15/27

..

United

States

169,000

162,859

Goldman

Sachs

Group,

Inc.

(The)

,

c

U,

Junior

Sub.

Bond,

3.65%

to

8/09/26,

FRN

thereafter,

Perpetual

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

United

States

57,000

54,624

Sub.

Bond,

5.95%,

1/15/27

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

United

States

172,000

176,753

Intercontinental

Exchange,

Inc.

,

Senior

Note

,

4.35 %

,

6/15/29

...

United

States

200,000

200,491

Jefferies

Financial

Group,

Inc.

,

Senior

Note,

5.03%,

3/16/26

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

United

States

225,000

225,585

Senior

Note,

6.2%,

4/14/34

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

United

States

117,000

118,634

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)

#### Capital

#### Markets
(continued)

LPL

Holdings,

Inc.

,

Senior

Note,

6.75%,

11/17/28

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

United

States

128,000

$

136,104

Senior

Note,

5.2%,

3/15/30

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

United

States

218,000

220,185

Morgan

Stanley

,

Senior

Note,

5.123%

to

1/31/28,

FRN

thereafter,

2/01/29

....

United

States

733,000

744,748

Senior

Note,

4.994%

to

4/11/28,

FRN

thereafter,

4/12/29

....

United

States

267,000

270,688

Senior

Note,

5.23%

to

1/14/30,

FRN

thereafter,

1/15/31

.....

United

States

285,000

290,667

b

MSCI,

Inc.

,

Senior

Bond

,

144A,

3.625 %

,

9/01/30

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

United

States

357,000

330,198

Nasdaq,

Inc.

,

Senior

Bond

,

5.55 %

,

2/15/34

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

United

States

30,000

30,817

b

UBS

Group

AG

,

c

Junior

Sub.

Bond,

Reg

S,

6.875%

to

8/06/25,

FRN

thereafter,

Perpetual

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

Switzerland

300,000

300,353

Senior

Note,

144A,

2.193%

to

6/04/25,

FRN

thereafter,

6/05/26

Switzerland

250,000

249,367

Senior

Note,

144A,

1.305%

to

2/01/26,

FRN

thereafter,

2/02/27

Switzerland

379,000

369,311

Senior

Note,

144A,

5.428%

to

2/07/29,

FRN

thereafter,

2/08/30

Switzerland

420,000

430,257

5,403,830

#### Chemicals

#### 0.6%
Celanese

US

Holdings

LLC

,

Senior

Note,

6.415%,

7/15/27

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

United

States

210,000

211,891

Senior

Note,

6.58%,

7/15/29

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

United

States

62,000

62,609

DuPont

de

Nemours,

Inc.

,

Senior

Bond

,

5.419 %

,

11/15/48

.....

United

States

337,000

329,409

Huntsman

International

LLC

,

Senior

Bond,

4.5%,

5/01/29

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

United

States

250,000

235,774

Senior

Bond,

5.7%,

10/15/34

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

United

States

335,000

302,430

b

International

Flavors

&

Fragrances,

Inc.

,

Senior

Bond

,

144A,

2.3 %

,

11/01/30

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

United

States

97,000

84,462

1,226,575

#### Commercial

#### Services

#### &

#### Supplies

#### 0.5%
Republic

Services,

Inc.

,

Senior

Note

,

%

,

11/15/29

..........

United

States

378,000

387,060

Waste

Connections,

Inc.

,

Senior

Bond

,

%

,

3/01/34

..........

United

States

463,000

464,899

Waste

Management,

Inc.

,

Senior

Note

,

4.875 %

,

2/15/29

......

United

States

147,000

150,560

1,002,519

#### Consumer

#### Finance

#### 0.9%
AerCap

Ireland

Capital

DAC

/

AerCap

Global

Aviation

Trust

,

Senior

Bond

,

3.3 %

,

1/30/32

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

Ireland

660,000

583,440

Ally

Financial,

Inc.

,

Senior

Bond

,

%

,

11/01/31

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

United

States

162,000

179,491

American

Express

Co.

,

Senior

Note

,

5.098%

to

2/15/27,

FRN

thereafter

,

2/16/28

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

United

States

311,000

315,030

Capital

One

Financial

Corp.

,

Senior

Note

,

1.878%

to

11/01/26,

FRN

thereafter

,

11/02/27

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

United

States

104,000

99,762

Ford

Motor

Credit

Co.

LLC

,

Senior

Note

,

5.8 %

,

3/05/27

.......

United

States

200,000

198,927

General

Motors

Financial

Co.,

Inc.

,

Senior

Note,

5.8%,

1/07/29

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

United

States

175,000

178,663

Senior

Note,

4.9%,

10/06/29

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

United

States

66,000

64,943

b

Macquarie

Airfinance

Holdings

Ltd.

,

Senior

Note,

144A,

5.15%,

3/17/30

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

United

Kingdom

159,000

156,190

Senior

Note,

144A,

6.5%,

3/26/31

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

United

Kingdom

180,000

185,047

1,961,493

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)

#### Consumer

#### Staples

#### Distribution

#### &

#### Retail

#### 0.3%
b

7-Eleven,

Inc.

,

Senior

Note

,

144A,

1.3 %

,

2/10/28

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

United

States

573,000

$

524,001

b

Alimentation

Couche-Tard,

Inc.

,

Senior

Bond

,

144A,

3.55 %

,

7/26/27

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

Canada

256,000

250,759

774,760

#### Containers

#### &

#### Packaging

#### 0.2%
Berry

Global,

Inc.

,

Senior

Secured

Note,

1.65%,

1/15/27

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

United

States

292,000

277,164

Senior

Secured

Note,

5.5%,

4/15/28

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

United

States

25,000

25,571

WestRock

MWV

LLC

,

Senior

Bond

,

8.2 %

,

1/15/30

...........

United

States

155,000

177,046

479,781

#### Diversified

#### REITs

#### 0.8%
GLP

Capital

LP

/

GLP

Financing

II,

Inc.

,

Senior

Bond,

6.75%,

12/01/33

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

United

States

193,000

203,658

Senior

Note,

5.375%,

4/15/26

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

United

States

448,000

447,154

VICI

Properties

LP

,

Senior

Bond,

5.75%,

4/01/34

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

United

States

257,000

258,618

Senior

Note,

4.75%,

2/15/28

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

United

States

165,000

165,186

b

VICI

Properties

LP

/

VICI

Note

Co.,

Inc.

,

Senior

Note,

144A,

3.75%,

2/15/27

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

United

States

62,000

60,911

Senior

Note,

144A,

3.875%,

2/15/29

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

United

States

510,000

488,902

1,624,429

#### Diversified

#### Telecommunication

#### Services

#### 0.1%
AT&T,

Inc.

,

Senior

Bond,

2.55%,

12/01/33

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

United

States

9,000

7,430

Senior

Note,

4.1%,

2/15/28

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

United

States

95,000

94,682

Sprint

Capital

Corp.

,

Senior

Bond

,

6.875 %

,

11/15/28

.........

United

States

217,000

232,160

334,272

#### Electric

#### Utilities

#### 2.4%
American

Electric

Power

Co.,

Inc.

,

Senior

Bond

,

5.625 %

,

3/01/33

United

States

98,000

100,495

Duke

Energy

Corp.

,

Senior

Bond,

3.15%,

8/15/27

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

United

States

368,000

358,471

Senior

Bond,

5.45%,

6/15/34

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

United

States

89,000

90,532

Senior

Bond,

5.8%,

6/15/54

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

United

States

63,000

60,442

Senior

Note,

4.85%,

1/05/29

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

United

States

26,000

26,362

b

Enel

Finance

International

NV

,

Senior

Bond

,

144A,

7.5 %

,

10/14/32

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

Italy

410,000

464,168

Eversource

Energy

,

Senior

Note

,

5.45 %

,

3/01/28

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

United

States

49,000

50,216

Exelon

Corp.

,

Senior

Bond,

5.625%,

6/15/35

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

United

States

126,000

127,318

Senior

Note,

5.15%,

3/15/29

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

United

States

383,000

391,719

FirstEnergy

Transmission

LLC

,

Senior

Note

,

4.55 %

,

1/15/30

...

United

States

155,000

153,557

Georgia

Power

Co.

,

Senior

Bond,

4.95%,

5/17/33

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

United

States

121,000

120,770

Senior

Bond,

5.25%,

3/15/34

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

United

States

275,000

277,809

IPALCO

Enterprises,

Inc.

,

Senior

Secured

Note

,

4.25 %

,

5/01/30

United

States

315,000

300,567

NextEra

Energy

Capital

Holdings,

Inc.

,

Senior

Bond,

3.55%,

5/01/27

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

United

States

368,000

362,286

Senior

Bond,

5.9%,

3/15/55

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

United

States

40,000

39,021

Senior

Note,

5.3%,

3/15/32

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

United

States

130,000

132,739

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)

#### Electric

#### Utilities
(continued)

e

Northern

States

Power

Co.

,

Senior

Bond

,

5.05 %

,

5/15/35

.....

United

States

180,000

$

180,689

Pacific

Gas

and

Electric

Co.

,

Senior

Bond,

5.9%,

6/15/32

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

United

States

117,000

118,654

Senior

Bond,

4.95%,

7/01/50

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

United

States

90,000

72,604

Senior

Bond,

6.75%,

1/15/53

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

United

States

170,000

171,392

Senior

Note,

5.55%,

5/15/29

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

United

States

324,000

329,400

Southern

Co.

(The)

,

Senior

Bond,

5.7%,

3/15/34

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

United

States

167,000

172,803

Senior

Note,

5.5%,

3/15/29

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

United

States

26,000

26,994

Virginia

Electric

and

Power

Co.

,

Senior

Bond

,

5.05 %

,

8/15/34

..

United

States

100,000

99,014

b

Vistra

Operations

Co.

LLC

,

Senior

Secured

Bond,

144A,

4.3%,

7/15/29

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

United

States

184,000

180,042

Senior

Secured

Bond,

144A,

6%,

4/15/34

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

United

States

368,000

372,057

Senior

Secured

Note,

144A,

3.7%,

1/30/27

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

United

States

224,000

220,188

Xcel

Energy,

Inc.

,

Senior

Bond

,

5.6 %

,

4/15/35

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

United

States

190,000

191,967

5,192,276

#### Electrical

#### Equipment

#### 0.2%
b

Vertiv

Group

Corp.

,

Senior

Secured

Note

,

144A,

4.125 %

,

11/15/28

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

United

States

330,000

319,094

#### Electronic

#### Equipment,

#### Instruments

#### &

#### Components

#### 0.1%
Flex

Ltd.

,

Senior

Note

,

5.25 %

,

1/15/32

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

United

States

250,000

245,784

#### Entertainment

#### 0.5%
Netflix,

Inc.

,

b

Senior

Bond,

Reg

S,

3.875%,

11/15/29

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

United

States

435,000

EUR

515,670

Senior

Bond,

5.4%,

8/15/54

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

United

States

85,000

82,553

b

Senior

Bond,

144A,

5.375%,

11/15/29

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

United

States

20,000

20,836

Warnermedia

Holdings,

Inc.

,

Senior

Note

,

4.279 %

,

3/15/32

....

United

States

417,000

357,219

976,278

#### Financial

#### Services

#### 0.3%
Corebridge

Financial,

Inc.

,

Senior

Note

,

3.85 %

,

4/05/29

.......

United

States

149,000

144,493

Global

Payments,

Inc.

,

Senior

Note

,

2.15 %

,

1/15/27

.........

United

States

55,000

52,729

b

Petronas

Capital

Ltd.

,

Senior

Note

,

144A,

4.95 %

,

1/03/31

.....

Malaysia

380,000

385,748

582,970

#### Food

#### Products

#### 1.3%
JBS

USA

Holding

Lux

SARL

/

JBS

USA

Food

Co.

/

JBS

Lux

Co.

SARL

,

Senior

Note,

3%,

2/02/29

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

United

States

192,000

180,624

Senior

Note,

5.5%,

1/15/30

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

United

States

155,000

157,489

Senior

Note,

6.75%,

3/15/34

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

United

States

214,000

232,169

b

JBS

USA

LUX

SARL

/

JBS

USA

Food

Co.

/

JBS

USA

Foods

Group

,

Senior

Bond

,

144A,

5.95 %

,

4/20/35

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

United

States

45,000

46,354

b

Mars,

Inc.

,

Senior

Bond,

144A,

5.65%,

5/01/45

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

United

States

125,000

124,226

Senior

Bond,

144A,

5.7%,

5/01/55

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

United

States

100,000

98,643

Senior

Bond,

144A,

5.8%,

5/01/65

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

United

States

65,000

64,118

Senior

Note,

144A,

4.6%,

3/01/28

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

United

States

575,000

581,357

Senior

Note,

144A,

4.8%,

3/01/30

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

United

States

1,050,000

1,063,205

Senior

Note,

144A,

4.65%,

4/20/31

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

United

States

71,000

71,588

Senior

Note,

144A,

5%,

3/01/32

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

United

States

105,000

105,893

Senior

Note,

144A,

5.2%,

3/01/35

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

United

States

135,000

135,587

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)

#### Food

#### Products
(continued)

Pilgrim's

Pride

Corp.

,

Senior

Note

,

3.5 %

,

3/01/32

...........

United

States

85,000

$

75,507

2,936,760

#### Ground

#### Transportation

#### 0.6%
b

Ashtead

Capital,

Inc.

,

Senior

Bond

,

144A,

4.375 %

,

8/15/27

....

United

Kingdom

435,000

431,621

b

Penske

Truck

Leasing

Co.

LP

/

PTL

Finance

Corp.

,

Senior

Bond,

144A,

3.4%,

11/15/26

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

United

States

93,000

91,365

Senior

Note,

144A,

4.4%,

7/01/27

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

United

States

395,000

393,583

b

SMBC

Aviation

Capital

Finance

DAC

,

Senior

Note

,

144A,

5.3 %

,

4/03/29

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

Ireland

485,000

491,467

1,408,036

#### Health

#### Care

#### Equipment

#### &

#### Supplies

#### 0.1%
GE

HealthCare

Technologies,

Inc.

,

Senior

Note

,

5.65 %

,

11/15/27

United

States

190,000

195,481

#### Health

#### Care

#### Providers

#### &

#### Services

#### 0.6%
CVS

Health

Corp.

,

Senior

Bond

,

4.78 %

,

3/25/38

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

United

States

127,000

114,599

HCA,

Inc.

,

Senior

Bond,

5.875%,

2/15/26

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

United

States

150,000

150,394

Senior

Bond,

5.6%,

4/01/34

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

United

States

200,000

201,112

Senior

Bond,

6%,

4/01/54

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

United

States

263,000

250,349

Senior

Note,

3.625%,

3/15/32

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

United

States

59,000

53,539

Humana,

Inc.

,

Senior

Note

,

5.75 %

,

3/01/28

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

United

States

180,000

185,447

Icon

Investments

Six

DAC

,

Senior

Secured

Note

,

5.809 %

,

5/08/27

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

United

States

215,000

219,356

1,174,796

#### Hotels,

#### Restaurants

#### &

#### Leisure

#### 0.4%
b

Carnival

Corp.

,

Senior

Note,

144A,

5.75%,

3/15/30

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

United

States

33,000

32,791

Senior

Secured

Note,

144A,

4%,

8/01/28

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

United

States

687,000

655,704

Hyatt

Hotels

Corp.

,

Senior

Note,

5.25%,

6/30/29

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

United

States

185,000

185,685

Senior

Note,

5.375%,

12/15/31

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

United

States

120,000

119,363

993,543

#### Household

#### Durables

#### 0.6%
DR

Horton,

Inc.

,

Senior

Bond,

5%,

10/15/34

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

United

States

556,000

540,029

Senior

Bond,

5.5%,

10/15/35

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

United

States

260,000

260,449

Toll

Brothers

Finance

Corp.

,

Senior

Bond,

4.35%,

2/15/28

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

United

States

111,000

110,015

Senior

Bond,

3.8%,

11/01/29

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

United

States

425,000

407,379

1,317,872

#### Independent

#### Power

#### and

#### Renewable

#### Electricity

#### Producers

#### 0.6%
b

AES

Andes

SA

,

Senior

Note

,

144A,

6.25 %

,

3/14/32

..........

Chile

200,000

200,211

b

Alexander

Funding

Trust

II

,

Senior

Secured

Note

,

144A,

7.467 %

,

7/31/28

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

United

States

100,000

106,227

Constellation

Energy

Generation

LLC

,

Senior

Bond,

6.125%,

1/15/34

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

United

States

99,000

104,112

Senior

Bond,

6.5%,

10/01/53

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

United

States

240,000

248,759

Senior

Bond,

5.75%,

3/15/54

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

United

States

184,000

174,023

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)

#### Independent

#### Power

#### and

#### Renewable

#### Electricity

#### Producers
(continued)

Constellation

Energy

Generation

LLC,

(continued)

Senior

Note,

5.6%,

3/01/28

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

United

States

342,000

$

353,430

1,186,762

#### Insurance

#### 1.4%
Arthur

J

Gallagher

&

Co.

,

Senior

Note

,

4.85 %

,

12/15/29

......

United

States

125,000

126,624

b

Athene

Global

Funding

,

Secured

Note,

144A,

1.985%,

8/19/28

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

United

States

385,000

353,302

Secured

Note,

144A,

5.526%,

7/11/31

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

United

States

320,000

325,333

Secured

Note,

144A,

5.322%,

11/13/31

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

United

States

222,000

221,760

Athene

Holding

Ltd.

,

Senior

Bond,

5.875%,

1/15/34

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

United

States

119,000

120,626

Senior

Bond,

6.25%,

4/01/54

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

United

States

108,000

104,812

CNA

Financial

Corp.

,

Senior

Bond

,

5.125 %

,

2/15/34

.........

United

States

162,000

160,060

CNO

Financial

Group,

Inc.

,

Senior

Bond

,

6.45 %

,

6/15/34

......

United

States

432,000

446,152

b

CNO

Global

Funding

,

Secured

Note

,

144A,

4.95 %

,

9/09/29

....

United

States

54,000

54,122

Fidelity

National

Financial,

Inc.

,

Senior

Bond

,

3.2 %

,

9/17/51

...

United

States

144,000

85,021

b

Massachusetts

Mutual

Life

Insurance

Co.

,

Sub.

Bond

,

144A,

3.729 %

,

10/15/70

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

United

States

387,000

255,022

b

MetLife

Capital

Trust

IV

,

Junior

Sub.

Bond

,

144A,

7.875 %

,

12/15/37

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

United

States

110,000

118,872

b

Nippon

Life

Insurance

Co.

,

Sub.

Bond

,

144A,

6.5%

to

4/29/35,

FRN

thereafter

,

4/30/55

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

Japan

385,000

390,836

b

Protective

Life

Global

Funding

,

Secured

Note

,

144A,

5.467 %

,

12/08/28

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

United

States

305,000

316,505

b

Teachers

Insurance

&

Annuity

Association

of

America

,

Sub.

Bond

,

144A,

6.85 %

,

12/16/39

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

United

States

92,000

104,102

3,183,149

#### Interactive

#### Media

#### &

#### Services

#### 0.5%
Meta

Platforms,

Inc.

,

Senior

Bond,

5.4%,

8/15/54

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

United

States

142,000

136,752

Senior

Bond,

5.75%,

5/15/63

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

United

States

710,000

710,734

Senior

Bond,

5.55%,

8/15/64

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

United

States

140,000

134,832

Senior

Note,

3.5%,

8/15/27

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

United

States

175,000

173,683

1,156,001

#### Leisure

#### Products

#### 0.2%
Brunswick

Corp.

,

Senior

Bond,

2.4%,

8/18/31

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

United

States

297,000

242,317

Senior

Bond,

5.1%,

4/01/52

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

United

States

261,000

194,085

436,402

#### Life

#### Sciences

#### Tools

#### &

#### Services

#### 0.1%
Illumina,

Inc.

,

Senior

Note

,

4.65 %

,

9/09/26

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

United

States

150,000

150,070

#### Media

#### 0.4%
Charter

Communications

Operating

LLC

/

Charter

Communications

Operating

Capital

Corp.

,

Senior

Secured

Note

,

4.908 %

,

7/23/25

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

United

States

97,000

96,877

Comcast

Corp.

,

Senior

Bond

,

2.35 %

,

1/15/27

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

United

States

368,000

357,560

Paramount

Global

,

Senior

Bond,

4.2%,

6/01/29

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

United

States

150,000

144,865

Senior

Bond,

4.95%,

1/15/31

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

United

States

110,000

106,458

Senior

Bond,

4.375%,

3/15/43

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

United

States

108,000

77,854

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)

#### Media
(continued)

Paramount

Global,

(continued)

Senior

Note,

3.7%,

6/01/28

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

United

States

180,000

$

175,044

958,658

#### Metals

#### &

#### Mining

#### 0.4%
b

Glencore

Finance

Canada

Ltd.

,

Senior

Bond

,

144A,

%

,

11/15/41

Australia

115,000

112,149

b

Glencore

Funding

LLC

,

Senior

Bond,

144A,

5.634%,

4/04/34

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

Australia

396,000

396,237

Senior

Note,

144A,

6.375%,

10/06/30

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

Australia

247,000

263,315

771,701

#### Multi-Utilities

#### 0.2%
Ameren

Corp.

,

Senior

Note

,

%

,

1/15/29

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

United

States

198,000

200,969

DTE

Energy

Co.

,

Senior

Note

,

4.95 %

,

7/01/27

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

United

States

155,000

156,625

Southern

Co.

Gas

Capital

Corp.

,

Senior

Bond

,

4.95 %

,

9/15/34

.

United

States

100,000

97,239

454,833

#### Oil,

#### Gas

#### &

#### Consumable

#### Fuels

#### 2.6%
b

Aker

BP

ASA

,

Senior

Bond

,

144A,

5.8 %

,

10/01/54

...........

Norway

190,000

166,476

Canadian

Natural

Resources

Ltd.

,

Senior

Bond,

7.2%,

1/15/32

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

Canada

238,000

258,887

b

Senior

Note,

144A,

5%,

12/15/29

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

Canada

104,000

103,726

Cheniere

Energy

Partners

LP

,

Senior

Bond,

3.25%,

1/31/32

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

United

States

137,000

120,337

Senior

Note,

4.5%,

10/01/29

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

United

States

242,000

236,525

b

Columbia

Pipelines

Operating

Co.

LLC

,

Senior

Bond,

144A,

6.544%,

11/15/53

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

United

States

108,000

110,167

Senior

Note,

144A,

5.927%,

8/15/30

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

United

States

95,000

99,402

b

DT

Midstream,

Inc.

,

Senior

Secured

Bond

,

144A,

5.8 %

,

12/15/34

United

States

310,000

307,416

Eastern

Energy

Gas

Holdings

LLC

,

Senior

Bond,

5.8%,

1/15/35

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

United

States

137,000

141,508

Senior

Bond,

5.65%,

10/15/54

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

United

States

53,000

49,946

Energy

Transfer

LP

,

c

B,

Junior

Sub.

Bond,

6.625%

to

2/14/28,

FRN

thereafter,

Perpetual

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

United

States

330,000

318,043

Senior

Note,

5.25%,

7/01/29

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

United

States

203,000

205,826

Senior

Note,

5.2%,

4/01/30

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

United

States

120,000

121,246

b

KazMunayGas

National

Co.

JSC

,

Senior

Bond

,

Reg

S,

5.375 %

,

4/24/30

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

Kazakhstan

260,000

254,504

Kinder

Morgan

Energy

Partners

LP

,

Senior

Bond

,

5.4 %

,

9/01/44

United

States

198,000

177,826

Kinder

Morgan,

Inc.

,

Senior

Note

,

%

,

2/01/29

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

United

States

139,000

140,468

Occidental

Petroleum

Corp.

,

Senior

Note,

8.5%,

7/15/27

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

United

States

286,000

302,633

Senior

Note,

5.2%,

8/01/29

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

United

States

140,000

138,067

ONEOK,

Inc.

,

Senior

Note,

4.75%,

10/15/31

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

United

States

265,000

258,602

Senior

Note,

6.1%,

11/15/32

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

United

States

198,000

205,743

Ovintiv,

Inc.

,

Senior

Bond,

6.25%,

7/15/33

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

United

States

43,000

42,412

Senior

Note,

5.65%,

5/15/28

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

United

States

194,000

197,651

Petrobras

Global

Finance

BV

,

Senior

Bond

,

6.5 %

,

7/03/33

.....

Brazil

44,000

44,501

b

South

Bow

USA

Infrastructure

Holdings

LLC

,

Senior

Bond,

144A,

5.584%,

10/01/34

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

Canada

130,000

125,785

Senior

Note,

144A,

5.026%,

10/01/29

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

Canada

505,000

501,093

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)

#### Oil,

#### Gas

#### &

#### Consumable

#### Fuels
(continued)

Targa

Resources

Partners

LP

/

Targa

Resources

Partners

Finance

Corp.

,

Senior

Bond

,

4.875 %

,

2/01/31

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

United

States

84,000

$

81,741

b

Venture

Global

Calcasieu

Pass

LLC

,

Senior

Secured

Note

,

144A,

6.25 %

,

1/15/30

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

United

States

545,000

545,689

Williams

Cos.,

Inc.

(The)

,

Senior

Bond

,

5.6 %

,

3/15/35

........

United

States

175,000

176,601

5,432,821

#### Passenger

#### Airlines

#### 0.2%
b

AS

Mileage

Plan

IP

Ltd.

,

Senior

Secured

Note

,

144A,

5.021 %

,

10/20/29

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

United

States

345,000

334,835

#### Personal

#### Care

#### Products

#### 0.3%
Haleon

US

Capital

LLC

,

Senior

Note,

3.375%,

3/24/27

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

United

States

250,000

246,242

Senior

Note,

3.375%,

3/24/29

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

United

States

310,000

298,329

544,571

#### Pharmaceuticals

#### 0.4%
Bristol-Myers

Squibb

Co.

,

Senior

Note

,

4.9 %

,

2/22/29

........

United

States

52,000

53,292

Pfizer

Investment

Enterprises

Pte.

Ltd.

,

Senior

Bond,

5.3%,

5/19/53

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

United

States

124,000

114,921

Senior

Note,

4.45%,

5/19/28

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

United

States

102,000

102,820

Pharmacia

LLC

,

Senior

Bond

,

6.6 %

,

12/01/28

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

United

States

190,000

204,542

Royalty

Pharma

plc

,

Senior

Bond,

5.4%,

9/02/34

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

United

States

191,000

189,761

Senior

Note,

5.15%,

9/02/29

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

United

States

154,000

155,677

821,013

#### Professional

#### Services

#### 0.2%
Paychex,

Inc.

,

Senior

Note

,

5.1 %

,

4/15/30

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

United

States

492,000

499,531

#### Semiconductors

#### &

#### Semiconductor

#### Equipment

#### 0.7%
Broadcom

Corp.

/

Broadcom

Cayman

Finance

Ltd.

,

Senior

Note

,

3.875 %

,

1/15/27

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

United

States

415,000

412,200

Broadcom,

Inc.

,

b

Senior

Bond,

144A,

4.926%,

5/15/37

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

United

States

364,000

348,775

Senior

Note,

3.459%,

9/15/26

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

United

States

600,000

592,601

b

Foundry

JV

Holdco

LLC

,

Senior

Secured

Note

,

144A,

5.9 %

,

1/25/33

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

United

States

200,000

204,163

1,557,739

#### Software

#### 0.4%
Atlassian

Corp.

,

Senior

Bond,

5.5%,

5/15/34

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

United

States

70,000

70,467

Senior

Note,

5.25%,

5/15/29

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

United

States

105,000

106,823

Oracle

Corp.

,

Senior

Bond,

2.65%,

7/15/26

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

United

States

99,000

96,936

Senior

Bond,

2.875%,

3/25/31

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

United

States

85,000

76,506

Senior

Bond,

3.65%,

3/25/41

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

United

States

154,000

117,782

Senior

Bond,

4%,

11/15/47

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

United

States

54,000

40,083

Synopsys,

Inc.

,

Senior

Bond,

5.15%,

4/01/35

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

United

States

250,000

250,630

Senior

Bond,

5.7%,

4/01/55

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

United

States

20,000

19,348

778,575

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

#### 0.6%
American

Tower

Corp.

,

Senior

Bond,

3.55%,

7/15/27

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

United

States

446,000

$

438,288

Senior

Bond,

3.8%,

8/15/29

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

United

States

200,000

193,447

Senior

Bond,

2.9%,

1/15/30

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

United

States

217,000

201,061

Crown

Castle,

Inc.

,

Senior

Bond,

3.65%,

9/01/27

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

United

States

172,000

168,251

Senior

Bond,

3.8%,

2/15/28

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

United

States

100,000

97,725

EPR

Properties

,

Senior

Bond

,

4.5 %

,

6/01/27

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

United

States

58,000

57,044

Equinix,

Inc.

,

Senior

Bond

,

3.2 %

,

11/18/29

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

United

States

168,000

158,156

Weyerhaeuser

Co.

,

Senior

Bond

,

7.375 %

,

3/15/32

..........

United

States

30,000

33,688

1,347,660

#### Specialty

#### Retail

#### 0.1%
Dick's

Sporting

Goods,

Inc.

,

Senior

Bond

,

4.1 %

,

1/15/52

......

United

States

200,000

137,203

Home

Depot,

Inc.

(The)

,

Senior

Bond

,

5.3 %

,

6/25/54

.........

United

States

80,000

76,034

213,237

#### Technology

#### Hardware,

#### Storage

#### &

#### Peripherals

#### 0.2%
Hewlett

Packard

Enterprise

Co.

,

Senior

Bond,

5%,

10/15/34

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

United

States

81,000

78,232

Senior

Bond,

5.6%,

10/15/54

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

United

States

163,000

150,490

Senior

Note,

4.55%,

10/15/29

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

United

States

139,000

137,744

Senior

Note,

4.85%,

10/15/31

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

United

States

162,000

160,103

526,569

#### Textiles,

#### Apparel

#### &

#### Luxury

#### Goods

#### 0.2%
Tapestry,

Inc.

,

Senior

Bond,

3.05%,

3/15/32

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

United

States

57,000

49,358

Senior

Bond,

5.5%,

3/11/35

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

United

States

170,000

165,650

Senior

Note,

5.1%,

3/11/30

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

United

States

140,000

140,648

355,656

#### Tobacco

#### 0.6%
Philip

Morris

International,

Inc.

,

Senior

Note,

4.875%,

2/13/29

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

United

States

535,000

543,812

Senior

Note,

5.125%,

2/15/30

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

United

States

626,000

642,432

1,186,244

#### Trading

#### Companies

#### &

#### Distributors

#### 0.7%
Air

Lease

Corp.

,

Senior

Bond,

4.625%,

10/01/28

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

United

States

342,000

341,947

Senior

Note,

5.85%,

12/15/27

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

United

States

139,000

143,253

b

Aircastle

Ltd.

,

Senior

Note

,

144A,

5.25 %

,

8/11/25

...........

United

States

203,000

202,696

b

Aviation

Capital

Group

LLC

,

Senior

Note,

144A,

6.25%,

4/15/28

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

United

States

270,000

279,520

Senior

Note,

144A,

5.375%,

7/15/29

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

United

States

260,000

262,610

Senior

Note,

144A,

5.125%,

4/10/30

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

United

States

275,000

272,304

1,502,330

#### Wireless

#### Telecommunication

#### Services

#### 0.8%
Rogers

Communications,

Inc.

,

Senior

Note,

5%,

2/15/29

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

Canada

306,000

308,700

Senior

Note,

3.8%,

3/15/32

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

Canada

144,000

131,681

Sub.

Bond,

7.125%

to

4/14/35,

FRN

thereafter,

4/15/55

.....

Canada

160,000

159,523

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)

Rogers

Communications,

Inc.,

(continued)

NC5,

Sub.

Bond,

7%

to

4/14/30,

FRN

thereafter,

4/15/55

....

Canada

320,000

$

322,583

T-Mobile

USA,

Inc.

,

Senior

Bond,

5.05%,

7/15/33

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

United

States

31,000

30,812

Senior

Note,

3.75%,

4/15/27

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

United

States

329,000

325,528

Senior

Note,

2.05%,

2/15/28

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

United

States

240,000

225,731

Senior

Note,

3.375%,

4/15/29

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

United

States

198,000

188,761

Senior

Note,

3.875%,

4/15/30

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

United

States

11,000

10,617

1,703,936

#### Total

#### Corporate

#### Bonds

#### (Cost

#### $66,917,422)
....................................

#### 66,550,144

#### Foreign

#### Government

#### and

#### Agency

#### Securities

#### 33.1%
b

Australia

Government

Bond

,

Senior

Bond,

Reg

S,

2.25%,

5/21/28

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

Australia

1,640,000

AUD

1,018,441

Senior

Bond,

Reg

S,

3.75%,

4/21/37

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

Australia

220,000

AUD

134,172

Senior

Bond,

Reg

S,

3%,

3/21/47

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

Australia

310,000

AUD

152,548

b

Austria

Government

Bond

,

Senior

Bond,

144A,

Reg

S,

0.5%,

2/20/29

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

Austria

630,000

EUR

672,082

Senior

Bond,

144A,

Reg

S,

1.5%,

2/20/47

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

Austria

360,000

EUR

292,549

b

Bank

Gospodarstwa

Krajowego

,

Senior

Bond

,

Reg

S,

5.375 %

,

5/22/33

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

Poland

200,000

201,518

b

Belgium

Government

Bond

,

Senior

Bond,

144A,

Reg

S,

1%,

6/22/26

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

Belgium

740,000

EUR

830,884

Senior

Bond,

144A,

Reg

S,

3.1%,

6/22/35

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

Belgium

1,200,000

EUR

1,366,630

Senior

Bond,

144A,

Reg

S,

4.25%,

3/28/41

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

Belgium

630,000

EUR

779,819

b

Benin

Government

Bond

,

Senior

Bond,

144A,

7.96%,

2/13/38

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

Benin

200,000

180,261

Senior

Bond,

Reg

S,

4.95%,

1/22/35

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

Benin

225,000

EUR

206,158

Brazil

Government

Bond

,

Senior

Bond,

3.875%,

6/12/30

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

Brazil

400,000

374,065

Senior

Bond,

6%,

10/20/33

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

Brazil

400,000

394,778

b

Bulgaria

Government

Bond

,

Senior

Bond,

Reg

S,

5%,

3/05/37

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

Bulgaria

88,000

85,273

Senior

Bond,

Reg

S,

1.375%,

9/23/50

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

Bulgaria

193,000

EUR

129,391

b

Bundesobligation

,

Reg

S,

2.5 %

,

10/11/29

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

Germany

900,000

EUR

1,043,554

b

Bundesrepublik

Deutschland

Bundesanleihe

,

Reg

S,

0.25%,

2/15/27

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

Germany

3,000,000

EUR

3,315,349

Reg

S,

2.6%,

8/15/34

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

Germany

900,000

EUR

1,034,936

Chile

Government

Bond

,

Senior

Bond

,

5.65 %

,

1/13/37

.......

Chile

320,000

327,972

Colombia

Government

Bond

,

Senior

Bond,

3.125%,

4/15/31

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

Colombia

200,000

161,478

Senior

Bond,

7.5%,

2/02/34

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

Colombia

390,000

380,821

Senior

Bond,

8%,

11/14/35

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

Colombia

260,000

255,596

b

Comision

Federal

de

Electricidad

,

Senior

Bond

,

Reg

S,

3.875 %

,

7/26/33

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

Mexico

300,000

247,343

b

Corp.

Nacional

del

Cobre

de

Chile

,

Senior

Bond

,

144A,

6.33 %

,

1/13/35

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

Chile

200,000

207,520

Denmark

Government

Bond

,

0.5%,

11/15/27

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

Denmark

1,550,000

DKK

229,267

4.5%,

11/15/39

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

Denmark

650,000

DKK

121,698

b

Dominican

Republic

Government

Bond

,

Senior

Bond,

144A,

6.95%,

3/15/37

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

Dominican

Republic

250,000

248,575

Senior

Bond,

Reg

S,

5.95%,

1/25/27

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

Dominican

Republic

241,000

242,542

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

Electricite

de

France

SA

,

Senior

Bond,

144A,

5.75%,

1/13/35

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

France

315,000

$

321,383

Senior

Bond,

144A,

4.75%,

10/13/35

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

France

414,000

393,221

b

Finland

Government

Bond

,

Senior

Bond

,

144A,

Reg

S,

1.125 %

,

4/15/34

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

Finland

370,000

EUR

363,505

b

France

Government

Bond

,

144A,

Reg

S,

0.5%,

5/25/26

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

France

230,000

EUR

257,020

144A,

Reg

S,

2.75%,

10/25/27

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

France

1,440,000

EUR

1,662,090

144A,

Reg

S,

2.75%,

2/25/29

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

France

1,500,000

EUR

1,731,073

144A,

Reg

S,

0.5%,

5/25/29

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

France

830,000

EUR

876,290

144A,

Reg

S,

11/25/30

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

France

560,000

EUR

552,437

144A,

Reg

S,

3%,

5/25/33

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

France

620,000

EUR

706,248

144A,

Reg

S,

3%,

11/25/34

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

France

1,750,000

EUR

1,963,951

144A,

Reg

S,

4.5%,

4/25/41

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

France

780,000

EUR

983,847

144A,

Reg

S,

3.25%,

5/25/45

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

France

140,000

EUR

149,243

144A,

Reg

S,

4%,

4/25/55

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

France

480,000

EUR

554,974

b

Guatemala

Government

Bond

,

Senior

Bond,

Reg

S,

6.6%,

6/13/36

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

Guatemala

200,000

200,353

Senior

Note,

144A,

7.05%,

10/04/32

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

Guatemala

200,000

210,323

b

Hungary

Government

Bond

,

Senior

Note

,

Reg

S,

5.25 %

,

6/16/29

Hungary

260,000

260,003

b

Indonesia

Government

Bond

,

Senior

Bond

,

Reg

S,

4.35 %

,

1/08/27

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

Indonesia

500,000

499,659

b

Ireland

Government

Bond

,

Reg

S,

1.1%,

5/15/29

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

Ireland

260,000

EUR

283,703

Reg

S,

2%,

2/18/45

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

Ireland

110,000

EUR

103,078

b

Italy

Buoni

Poliennali

del

Tesoro

,

Senior

Bond,

144A,

Reg

S,

1.65%,

3/01/32

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

Italy

1,730,000

EUR

1,800,315

Senior

Bond,

144A,

Reg

S,

4%,

2/01/37

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

Italy

450,000

EUR

528,033

Senior

Bond,

144A,

Reg

S,

3.1%,

3/01/40

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

Italy

100,000

EUR

102,963

Senior

Bond,

144A,

Reg

S,

4.75%,

9/01/44

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

Italy

500,000

EUR

615,590

Senior

Bond,

144A,

Reg

S,

1.7%,

9/01/51

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

Italy

280,000

EUR

194,428

Senior

Bond,

Reg

S,

6.5%,

11/01/27

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

Italy

1,520,000

EUR

1,909,282

Senior

Note,

Reg

S,

3.5%,

1/15/26

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

Italy

580,000

EUR

663,858

b

Ivory

Coast

Government

Bond

,

Senior

Bond

,

Reg

S,

4.875 %

,

1/30/32

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

Ivory

Coast

148,000

EUR

145,201

Japan

Government

Bond

,

0.1%,

3/20/27

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

Japan

600,000,000

4,152,880

2.3%,

6/20/27

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

Japan

205,000,000

1,483,028

2.2%,

3/20/31

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

Japan

845,000,000

6,345,225

0.4%,

3/20/36

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

Japan

435,000,000

2,724,744

2.3%,

3/20/40

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

Japan

310,000,000

2,286,857

0.3%,

6/20/46

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

Japan

171,000,000

799,887

0.8%,

3/20/47

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

Japan

93,000,000

481,253

2.2%,

3/20/51

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

Japan

212,000,000

1,392,398

2.1%,

9/20/54

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

Japan

90,000,000

560,317

0.5%,

3/20/60

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

Japan

102,000,000

353,304

b

Kazakhstan

Government

Bond

,

Senior

Bond

,

Reg

S,

4.714 %

,

4/09/35

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

Kazakhstan

260,000

251,520

Malaysia

Government

Bond

,

3.582 %

,

7/15/32

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

Malaysia

2,280,000

MYR

529,854

Mexican

Bonos

Desarr

Fixed

Rate

,

M

,

7.75 %

,

5/29/31

........

Mexico

10,900,000

MXN

525,998

Mexico

Government

Bond

,

Senior

Bond

,

2.659 %

,

5/24/31

.....

Mexico

775,000

660,229

b

Netherlands

Government

Bond

,

144A,

Reg

S,

0.5%,

7/15/26

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

Netherlands

300,000

EUR

334,736

144A,

Reg

S,

0.25%,

7/15/29

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

Netherlands

290,000

EUR

305,065

144A,

Reg

S,

3.75%,

1/15/42

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

Netherlands

410,000

EUR

512,902

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)

New

Zealand

Government

Bond

,

%

,

4/20/29

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

New

Zealand

380,000

NZD

$

220,574

b

Norway

Government

Bond

,

Senior

Bond

,

144A,

Reg

S,

1.75 %

,

2/17/27

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

Norway

1,880,000

NOK

175,048

Panama

Government

Bond

,

Senior

Note

,

7.5 %

,

3/01/31

......

Panama

420,000

436,834

b

Paraguay

Government

Bond

,

Senior

Bond,

Reg

S,

4.7%,

3/27/27

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

Paraguay

200,000

199,700

Senior

Bond,

Reg

S,

4.95%,

4/28/31

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

Paraguay

370,000

365,286

Peru

Government

Bond

,

Senior

Bond

,

2.783 %

,

1/23/31

.......

Peru

580,000

514,795

b

Perusahaan

Perseroan

Persero

PT

Perusahaan

Listrik

Negara

,

Senior

Bond

,

Reg

S,

5.45 %

,

5/21/28

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

Indonesia

260,000

264,678

Petroleos

Mexicanos

,

Senior

Note

,

6.7 %

,

2/16/32

...........

Mexico

145,000

124,379

Philippine

Government

Bond

,

Senior

Bond

,

5.5 %

,

2/04/35

.....

Philippines

360,000

371,478

Poland

Government

Bond

,

5.75 %

,

4/25/29

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

Poland

1,480,000

PLN

408,940

b

Portugal

Obrigacoes

do

Tesouro

OT

,

Senior

Bond

,

144A,

Reg

S,

0.3 %

,

10/17/31

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

Portugal

320,000

EUR

316,794

b

Power

Finance

Corp.

Ltd.

,

Senior

Bond

,

Reg

S,

3.95 %

,

4/23/30

.

India

270,000

256,386

Province

of

Ontario

Canada

,

6.5%,

3/08/29

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

Canada

970,000

CAD

799,184

2.9%,

12/02/46

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

Canada

1,340,000

CAD

771,710

Senior

Bond,

3.65%,

6/02/33

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

Canada

170,000

CAD

124,703

b

Romania

Government

Bond

,

Senior

Bond

,

Reg

S,

5.625 %

,

2/22/36

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

Romania

250,000

EUR

260,066

b

Romanian

Government

Bond

,

Senior

Bond

,

144A,

%

,

2/14/31

.

Romania

450,000

374,976

South

Africa

Government

Bond

,

Senior

Bond,

4.85%,

9/27/27

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

South

Africa

400,000

393,047

Senior

Bond,

5%,

10/12/46

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

South

Africa

200,000

133,476

b

Southern

Gas

Corridor

CJSC

,

Senior

Bond

,

Reg

S,

6.875 %

,

3/24/26

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

Azerbaijan

250,000

252,694

b

Spain

Bonos

Y

Obligaciones

del

Estado

,

Senior

Bond,

144A,

Reg

S,

1.95%,

4/30/26

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

Spain

850,000

EUR

963,983

Senior

Bond,

144A,

Reg

S,

2.9%,

10/31/46

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

Spain

210,000

EUR

208,050

b

Spain

Government

Bond

,

144A,

Reg

S,

5.15%,

10/31/28

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

Spain

800,000

EUR

997,518

Senior

Bond,

144A,

Reg

S,

3.55%,

10/31/33

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

Spain

1,010,000

EUR

1,196,056

Senior

Bond,

144A,

Reg

S,

5.15%,

10/31/44

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

Spain

410,000

EUR

555,323

Senior

Bond,

144A,

Reg

S,

1%,

10/31/50

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

Spain

50,000

EUR

30,998

b

Sweden

Government

Bond

,

Reg

S,

1%,

11/12/26

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

Sweden

6,950,000

SEK

710,352

Reg

S,

3.5%,

3/30/39

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

Sweden

660,000

SEK

76,426

b

Switzerland

Government

Bond

,

Reg

S,

4%,

4/08/28

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

Switzerland

540,000

CHF

732,090

Reg

S,

1.5%,

4/30/42

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

Switzerland

290,000

CHF

412,542

Thailand

Government

Bond

,

Senior

Bond

,

%

,

12/17/31

......

Thailand

15,700,000

THB

478,059

b

United

Kingdom

Gilt

,

Reg

S,

6%,

12/07/28

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

United

Kingdom

420,000

GBP

604,670

Reg

S,

3.5%,

7/22/68

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

United

Kingdom

610,000

GBP

593,776

f

Uruguay

Government

Bond

,

Senior

Bond

,

PIK,

7.875 %

,

1/15/33

Uruguay

475,000

558,244

#### Total

#### Foreign

#### Government

#### and

#### Agency

#### Securities

#### (Cost

#### $75,081,319)
............

#### 71,250,323

#### Asset-Backed

#### Securities

#### 5.1%

#### Capital

#### Markets

#### 0.3%
b,g

Magnetite

XL

Ltd.

,

2024-40A

,

A1

,

144A,

FRN

,

5.706 %

,

(3-month

SOFR

+

1.45 %),

7/15/37

.

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

United

States

512,000

512,681

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

#### 4.8%
b,g

AIMCO

CLO

Ltd.

,

2022-17A

,

A1R

,

144A,

FRN

,

5.622 %

,

(3-month

SOFR

+

1.35 %),

7/20/37

.

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

Jersey

350,000

$

350,829

b,g

Allegro

CLO

XII

Ltd.

,

2020-1A

,

A1R

,

144A,

FRN

,

5.709 %

,

(3-month

SOFR

+

1.44 %),

7/21/37

.

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

United

States

250,000

250,056

b,g

Apex

Credit

CLO

Ltd.

,

2024-2A

,

A

,

144A,

FRN

,

5.802 %

,

(3-month

SOFR

+

1.52 %),

7/25/37

.

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

United

States

250,000

249,732

b,g

Bain

Capital

Credit

CLO

Ltd.

,

2022-2A

,

A1

,

144A,

FRN

,

5.592 %

,

(3-month

SOFR

+

1.32 %),

4/22/35

.

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

United

States

250,000

249,568

b

Bayview

Opportunity

Master

Fund

VII

Trust

,

2023-1A

,

A

,

144A,

6.93 %

,

10/28/60

.

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

United

States

139,137

142,604

b,g

Birch

Grove

CLO

Ltd.

,

2021-2A

,

A1R

,

144A,

FRN

,

5.669 %

,

(3-month

SOFR

+

1.4 %),

10/19/37

.

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

United

States

250,000

250,634

b,g

Birch

Grove

CLO

Ltd.

,

2024-8A

,

A1

,

144A,

FRN

,

5.899 %

,

(3-month

SOFR

+

1.63 %),

4/20/37

.

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

Jersey

150,000

150,441

g

Carrington

Mortgage

Loan

Trust

,

2006-NC2

,

A4

,

FRN

,

4.921 %

,

(1-month

SOFR

+

0.594 %),

6/25/36

.

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

United

States

105,772

102,012

b,g

CBAM

Ltd.

,

2017-2A

,

AR

,

144A,

FRN

,

5.731 %

,

(3-month

SOFR

+

1.452 %),

7/17/34

.

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

United

States

175,000

175,333

b,g

CIFC

Funding

Ltd.

,

2021-4A

,

AR

,

144A,

FRN

,

5.639 %

,

(3-month

SOFR

+

1.36 %),

7/23/37

.

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

United

States

250,000

248,981

b,g

Diameter

Capital

CLO

Ltd.

,

2024-7A

,

A1A

,

144A,

FRN

,

5.749 %

,

(3-month

SOFR

+

1.48 %),

7/20/37

.

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

United

States

250,000

250,465

b,g

Elevation

CLO

Ltd.

,

2018-10A,

AR,

144A,

FRN,

5.189%,

(3-month

SOFR

+

0.92%),

10/20/31

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

United

States

263,315

262,746

2021-13A,

A1R,

144A,

FRN,

5.316%,

(3-month

SOFR

+

1.06%),

7/15/34

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

United

States

250,000

248,910

b,g

Ellington

CLO

III

Ltd.

,

2018-3A

,

B

,

144A,

FRN

,

6.531 %

,

(3-month

SOFR

+

2.262 %),

7/20/30

.

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

United

States

250,000

250,956

b,g

Elmwood

CLO

Ltd.

,

2024-3A

,

A

,

144A,

FRN

,

5.789 %

,

(3-month

SOFR

+

1.52 %),

4/18/37

.

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

United

States

300,000

300,472

b,g

Elmwood

CLO

Ltd.

,

2024-9RA

,

AR

,

144A,

FRN

,

5.649 %

,

(3-month

SOFR

+

1.38 %),

10/21/37

.

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

United

States

250,000

249,159

b,g

Elmwood

CLO

I

Ltd.

,

2019-1A

,

A1RR

,

144A,

FRN

,

5.789 %

,

(3-month

SOFR

+

1.52 %),

4/20/37

.

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

United

States

225,000

225,516

b,g

Elmwood

CLO

III

Ltd.

,

2019-3A

,

A1RR

,

144A,

FRN

,

5.649 %

,

(3-month

SOFR

+

1.38 %),

7/18/37

.

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

United

States

250,000

250,063

b,g

GoldenTree

Loan

Management

US

CLO

Ltd.

,

2021-9A

,

AR

,

144A,

FRN

,

5.769 %

,

(3-month

SOFR

+

1.5 %),

4/20/37

.

.....

United

States

250,000

250,811

h

GSAA

Home

Equity

Trust

,

2006-15

,

AF3A

,

FRN

,

5.882 %

,

9/25/36

.

United

States

839,126

264,915

b,g

Hayfin

US

XIV

Ltd.

,

2021-14A

,

A1

,

144A,

FRN

,

5.761 %

,

(3-month

SOFR

+

1.492 %),

7/20/34

.

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

United

States

250,000

250,378

b,g

ICG

US

CLO

Ltd.

,

2017-1A

,

ARR

,

144A,

FRN

,

5.714 %

,

(3-month

SOFR

+

1.432 %),

7/28/34

.

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

United

States

500,000

501,082

b,g

J.P.

Morgan

Mortgage

Trust

,

2023-HE2

,

A1

,

144A,

FRN

,

6.05 %

,

(30-day

SOFR

Average

+

1.7 %),

3/20/54

.

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

United

States

255,130

257,032

b,g

Neuberger

Berman

CLO

XVII

Ltd.

,

2014-17A

,

AR3

,

144A,

FRN

,

5.672 %

,

(3-month

SOFR

+

1.4 %),

7/22/38

.

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

United

States

300,000

299,172

b,g

Neuberger

Berman

Loan

Advisers

CLO

Ltd.

,

2017-25A

,

AR2

,

144A,

FRN

,

5.669 %

,

(3-month

SOFR

+

1.4 %),

7/18/38

.

.....

United

States

250,000

250,217

g

NovaStar

Mortgage

Funding

Trust

,

2006-5

,

A2C

,

FRN

,

4.781 %

,

(1-month

SOFR

+

0.454 %),

11/25/36

.

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

United

States

964,519

286,856

b,g

Oaktree

CLO

Ltd.

,

2019-4A,

ARR,

144A,

FRN,

5.779%,

(3-month

SOFR

+

1.51%),

7/20/37

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

United

States

250,000

250,627

2021-1A,

A1R,

144A,

FRN,

5.606%,

(3-month

SOFR

+

1.35%),

1/15/38

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

United

States

250,000

248,744

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

OHA

Loan

Funding

Ltd.

,

2016-1A

,

A1R2

,

144A,

FRN

,

5.729 %

,

(3-month

SOFR

+

1.46 %),

7/20/37

.

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

United

States

427,000

$

427,704

b,g

Palmer

Square

CLO

Ltd.

,

2021-3A

,

B

,

144A,

FRN

,

6.168 %

,

(3-month

SOFR

+

1.912 %),

1/15/35

.

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

United

States

400,000

400,757

b,g

PRMI

Securitization

Trust

,

2024-CMG1

,

A1

,

144A,

FRN

,

5.786 %

,

(30-day

SOFR

Average

+

1.45 %),

7/25/54

.

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

United

States

229,911

229,758

g

Renaissance

Home

Equity

Loan

Trust

,

2003-4

,

A1

,

FRN

,

5.481 %

,

(1-month

SOFR

+

1.154 %),

3/25/34

.

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

United

States

118,639

106,556

b,g

Rockland

Park

CLO

Ltd.

,

2021-1A

,

B

,

144A,

FRN

,

6.181 %

,

(3-month

SOFR

+

1.912 %),

4/20/34

.

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

United

States

350,000

350,664

b,g

RR

Ltd.

,

2024-29RA

,

A1R

,

144A,

FRN

,

5.646 %

,

(3-month

SOFR

+

1.39 %),

7/15/39

.

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

United

States

250,000

250,644

b,g

Shackleton

XIV

CLO

Ltd.

,

2019-14A

,

BR

,

144A,

FRN

,

6.331 %

,

(3-month

SOFR

+

2.062 %),

7/20/34

.

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

United

States

250,000

250,592

b,g

Symphony

CLO

XXIII

Ltd.

,

2020-23A

,

AR2

,

144A,

FRN

,

5.156 %

,

(3-month

SOFR

+

0.9 %),

1/15/34

.

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

United

States

456,932

452,790

b,g

Venture

XIX

CLO

Ltd.

,

2014-19A

,

ARR

,

144A,

FRN

,

5.778 %

,

(3-month

SOFR

+

1.522 %),

1/15/32

.

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

United

States

152,198

152,402

g

WaMu

Asset-Backed

Certificates

Trust

,

2006-HE2

,

A3

,

FRN

,

4.741 %

,

(1-month

SOFR

+

0.414 %),

5/25/36

.

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

United

States

442,729

337,369

b,g

Wise

CLO

Ltd.

,

2024-2A

,

A

,

144A,

FRN

,

5.716 %

,

(3-month

SOFR

+

1.46 %),

7/15/37

.

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

Jersey

400,000

399,001

10,426,548

a

a

a

a

a

a

#### Total

#### Asset-Backed

#### Securities

#### (Cost

#### $11,342,279)
.............................

#### 10,939,229

#### Commercial

#### Mortgage-Backed

#### Securities

#### 5.5%

#### Financial

#### Services

#### 5.5%
b,g

AREIT

Trust

,

2022-CRE6

,

A

,

144A,

FRN

,

5.6 %

,

(30-day

SOFR

Average

+

1.25 %),

1/20/37

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

United

States

194,416

193,235

h,i

BANK

,

2019-BN20,

XA,

IO,

FRN,

0.924%,

9/15/62

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

United

States

8,834,988

269,701

2020-BN30,

XA,

IO,

FRN,

1.375%,

12/15/53

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

United

States

6,932,792

370,274

Barclays

Commercial

Mortgage

Trust

,

2019-C3

,

B

,

4.096 %

,

5/15/52

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

United

States

246,000

231,422

h,i

BBCMS

Mortgage

Trust

,

2020-C8

,

XA

,

IO,

FRN

,

1.929 %

,

10/15/53

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

United

States

4,562,287

320,063

h

CD

Mortgage

Trust

,

2017-CD4

,

B

,

FRN

,

3.947 %

,

5/10/50

.....

United

States

323,000

303,934

h

CFCRE

Commercial

Mortgage

Trust

,

b

2011-C2,

E,

144A,

FRN,

5.08%,

12/15/47

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

United

States

230,000

213,694

2017-C8,

B,

FRN,

4.199%,

6/15/50

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

United

States

210,000

200,188

h

Citigroup

Commercial

Mortgage

Trust

,

2015-P1,

C,

FRN,

4.519%,

9/15/48

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

United

States

322,000

310,190

2016-P6,

A5,

FRN,

3.72%,

12/10/49

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

United

States

238,000

232,042

COMM

Mortgage

Trust

,

h

2013-CR13,

C,

FRN,

5.109%,

11/10/46

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

United

States

74,906

70,347

b,h

2013-CR13,

D,

144A,

FRN,

5.109%,

11/10/46

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

United

States

280,000

159,992

h

2014-CR14,

C,

FRN,

3.793%,

2/10/47

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

United

States

52,000

49,433

h

2014-CR17,

C,

FRN,

4.941%,

5/10/47

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

United

States

459,000

421,571

2014-UBS3,

AM,

4.012%,

6/10/47

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

United

States

242,717

232,982

h

2014-UBS6,

C,

FRN,

4.398%,

12/10/47

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

United

States

49,149

48,553

h

2015-CR22,

AM,

FRN,

3.603%,

3/10/48

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

United

States

312,000

306,514

h

2015-LC19,

C,

FRN,

4.242%,

2/10/48

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

United

States

367,000

355,573

h,i

2015-LC21,

XA,

IO,

FRN,

0.65%,

7/10/48

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

United

States

4,641,012

b,h,i

Credit

Suisse

Commercial

Mortgage

Trust

,

2006-C4,

AX,

IO,

144A,

FRN,

1.076%,

9/15/39

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

United

States

866

2007-C2,

AX,

IO,

144A,

FRN,

0.03%,

1/15/49

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

United

States

616,051

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)

CSAIL

Commercial

Mortgage

Trust

,

h

2015-C1,

C,

FRN,

3.958%,

4/15/50

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

United

States

371,000

$

338,649

h

2015-C2,

B,

FRN,

4.208%,

6/15/57

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

United

States

253,000

246,628

2016-C6,

AS,

3.346%,

1/15/49

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

United

States

254,000

245,531

h

CSMC

Trust

,

2016-NXSR

,

AS

,

FRN

,

4.049 %

,

12/15/49

.......

United

States

267,000

257,871

b,h

DBUBS

Mortgage

Trust

,

2011-LC3A

,

D

,

144A,

FRN

,

5.531 %

,

8/10/44

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

United

States

572,705

553,141

h

J.P.

Morgan

Chase

Commercial

Mortgage

Securities

Trust

,

i

2006-CB17,

X,

IO,

FRN,

1.144%,

12/12/43

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

United

States

256,279

5,162

b

2012-LC9,

D,

144A,

FRN,

3.69%,

12/15/47

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

United

States

441,000

420,088

h

JPMBB

Commercial

Mortgage

Securities

Trust

,

i

2014-C22,

XA,

IO,

FRN,

0.549%,

9/15/47

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

United

States

642,484

2014-C23,

B,

FRN,

4.7%,

9/15/47

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

United

States

188,000

181,813

i

2015-C33,

XA,

IO,

FRN,

1.038%,

12/15/48

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

United

States

2,642,133

6,951

h,i

JPMCC

Commercial

Mortgage

Securities

Trust

,

2019-COR5

,

XA

,

IO,

FRN

,

1.609 %

,

6/13/52

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

United

States

7,661,820

338,705

h

Morgan

Stanley

Bank

of

America

Merrill

Lynch

Trust

,

2013-C10,

B,

FRN,

4.112%,

7/15/46

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

United

States

452,087

420,593

b

2013-C9,

D,

144A,

FRN,

3.929%,

5/15/46

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

United

States

274,000

246,589

2015-C22,

C,

FRN,

4.245%,

4/15/48

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

United

States

659,000

594,288

2015-C24,

B,

FRN,

4.45%,

5/15/48

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

United

States

253,000

248,844

2015-C24,

C,

FRN,

4.45%,

5/15/48

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

United

States

313,000

304,998

h

Morgan

Stanley

Capital

I

Trust

,

2015-UBS8

,

B

,

FRN

,

4.315 %

,

12/15/48

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

United

States

203,000

194,754

b,g

Multi-family

Connecticut

Avenue

Securities

Trust

,

2019-01

,

M10

,

144A,

FRN

,

7.718 %

,

(30-day

SOFR

Average

+

3.364 %),

10/25/49

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

United

States

454,387

455,403

h,i

UBS

Commercial

Mortgage

Trust

,

2017-C7

,

XA

,

IO,

FRN

,

1.124 %

,

12/15/50

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

United

States

5,325,612

116,364

Wells

Fargo

Commercial

Mortgage

Trust

,

h

2015-C30,

C,

FRN,

4.629%,

9/15/58

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

United

States

342,000

339,086

2015-C31,

AS,

4.049%,

11/15/48

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

United

States

293,000

289,958

2016-BNK1,

AS,

2.814%,

8/15/49

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

United

States

707,000

672,536

h,i

2016-LC25,

XA,

IO,

FRN,

0.959%,

12/15/59

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

United

States

3,825,806

35,926

2017-RC1,

AS,

3.844%,

1/15/60

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

United

States

182,000

177,350

2017-RC1,

C,

4.591%,

1/15/60

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

United

States

199,000

189,129

h,i

2019-C52,

XA,

IO,

FRN,

1.704%,

8/15/52

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

United

States

3,068,357

158,716

h

2020-C57,

C,

FRN,

4.157%,

8/15/53

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

United

States

167,000

149,924

h

WFRBS

Commercial

Mortgage

Trust

,

2013-C11,

C,

FRN,

4.394%,

3/15/45

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

United

States

295,000

282,564

i

2013-C14,

XA,

IO,

FRN,

0.456%,

6/15/46

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

United

States

203,099

11,761,447

a

a

a

a

a

a

#### Total

#### Commercial

#### Mortgage-Backed

#### Securities

#### (Cost

#### $12,124,875)
..............

#### 11,761,447

#### Mortgage-Backed

#### Securities

#### 20.6%

#### Federal

#### Home

#### Loan

#### Mortgage

#### Corp.
(FHLMC)

#### Fixed

#### Rate

#### 1.5%
FHLMC

Pool,

Year,

3.5%,

4/01/52

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

United

States

934,999

851,525

FHLMC

Pool,

Year,

4%,

5/01/52

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

United

States

928,782

867,961

FHLMC

Pool,

Year,

6%,

9/01/53

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

United

States

1,404,568

1,435,494

3,154,980

#### Federal

#### National

#### Mortgage

#### Association
(FNMA)

#### Fixed

#### Rate

#### 13.5%
FNMA,

Year,

1.5%,

11/01/41

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

United

States

527,347

433,398

FNMA,

Year,

3.5%,

11/01/51

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

United

States

871,548

788,915

FNMA,

Year,

6%,

9/01/54

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

United

States

1,052,277

1,068,687

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

#### National

#### Mortgage

#### Association
(FNMA)

#### Fixed

#### Rate
(continued)

j

Uniform

Mortgage-Backed

Securities,

2%,

TBA,

5/25/55

......

United

States

5,000,000

$

3,967,140

j

Uniform

Mortgage-Backed

Securities,

2.5%,

TBA,

5/25/55

.....

United

States

5,000,000

4,157,416

j

Uniform

Mortgage-Backed

Securities,

3%,

TBA,

5/25/55

......

United

States

2,000,000

1,736,030

j

Uniform

Mortgage-Backed

Securities,

3.5%,

TBA,

5/25/55

.....

United

States

1,000,000

902,622

j

Uniform

Mortgage-Backed

Securities,

4%,

TBA,

5/25/55

......

United

States

3,000,000

2,796,235

j

Uniform

Mortgage-Backed

Securities,

5.5%,

TBA,

5/25/55

.....

United

States

6,000,000

5,987,985

j

Uniform

Mortgage-Backed

Securities,

6%,

TBA,

5/25/55

......

United

States

2,000,000

2,029,135

j

Uniform

Mortgage-Backed

Securities,

6.5%,

TBA,

5/25/55

.....

United

States

5,000,000

5,149,629

29,017,192

#### Government

#### National

#### Mortgage

#### Association
(GNMA)

#### Fixed

#### Rate

#### 5.6%
j

GNMA

II,

Single-family,

Year,

3%,

5/15/55

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

United

States

1,000,000

885,515

GNMA

II,

Single-family,

Year,

4%,

2/20/48

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

United

States

1,706,268

1,605,961

j

GNMA

II,

Single-family,

Year,

4%,

5/15/55

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

United

States

1,000,000

930,957

j

GNMA

II,

Single-family,

Year,

4.5%,

5/15/55

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

United

States

5,000,000

4,787,104

j

GNMA

II,

Single-family,

Year,

5.5%,

5/15/55

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

United

States

2,000,000

1,999,554

GNMA

II,

Single-family,

Year,

6%,

11/20/53

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

United

States

1,829,164

1,895,071

12,104,162

#### Total

#### Mortgage-Backed

#### Securities

#### (Cost

#### $44,085,110)
..........................

#### 44,276,334

#### Residential

#### Mortgage-Backed

#### Securities

#### 9.3%

#### Financial

#### Services

#### 9.3%
b

A&D

Mortgage

Trust

,

2023-NQM5

,

A1

,

144A,

7.049 %

,

11/25/68

.

United

States

692,826

704,307

g

Alternative

Loan

Trust

,

2006-OA10,

1A1,

FRN,

5.535%,

(12-month

average

of

1-year

CMT

+

0.96%),

8/25/46

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

United

States

91,564

80,621

2006-OA10,

4A1,

FRN,

4.821%,

(1-month

SOFR

+

0.494%),

8/25/46

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

United

States

237,269

197,030

2006-OA19,

A1,

FRN,

4.614%,

(1-month

SOFR

+

0.294%),

2/20/47

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

United

States

130,278

102,224

2006-OA7,

1A2,

FRN,

5.515%,

(12-month

average

of

1-year

CMT

+

0.94%),

6/25/46

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

United

States

169,665

163,779

b

Angel

Oak

Mortgage

Trust

,

2024-9

,

A1

,

144A,

5.138 %

,

9/25/69

.

United

States

313,218

311,727

b,h

Arroyo

Mortgage

Trust

,

2019-3

,

A3

,

144A,

FRN

,

3.416 %

,

10/25/48

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

United

States

58,001

55,351

g

BankUnited

Trust

,

2005-1

,

1A1

,

FRN

,

5.041 %

,

(1-month

SOFR

+

0.714 %),

9/25/45

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

United

States

58,791

54,145

b

BRAVO

Residential

Funding

Trust

,

2024-NQM2

,

A1

,

144A,

6.285 %

,

2/25/64

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

United

States

177,190

178,702

b,g

Chevy

Chase

Funding

LLC

,

2006-4A

,

A2

,

144A,

FRN

,

4.621 %

,

(1-month

SOFR

+

0.294 %),

11/25/47

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

United

States

145,919

125,692

b

COLT

Mortgage

Loan

Trust

,

h

2020-2,

A2,

144A,

FRN,

3.094%,

3/25/65

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

United

States

237,662

235,465

2023-3,

A1,

144A,

7.18%,

9/25/68

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

United

States

719,370

729,739

b,g

Connecticut

Avenue

Securities

Trust

,

2019-HRP1,

M2,

144A,

FRN,

6.618%,

(30-day

SOFR

Average

+

2.264%),

11/25/39

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

United

States

9,191

9,208

2021-R03,

1M2,

144A,

FRN,

6.004%,

(30-day

SOFR

Average

+

1.65%),

12/25/41

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

United

States

296,000

296,790

2022-R01,

1M1,

144A,

FRN,

5.354%,

(30-day

SOFR

Average

+

1%),

12/25/41

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

United

States

40,420

40,353

2022-R01,

1M2,

144A,

FRN,

6.254%,

(30-day

SOFR

Average

+

1.9%),

12/25/41

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

United

States

264,000

265,377

2022-R02,

2M1,

144A,

FRN,

5.554%,

(30-day

SOFR

Average

+

1.2%),

1/25/42

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

United

States

138,225

138,159

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

Connecticut

Avenue

Securities

Trust,

(continued)

2022-R02,

2M2,

144A,

FRN,

7.354%,

(30-day

SOFR

Average

+

3%),

1/25/42

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

United

States

427,000

$

435,896

2022-R03,

1M1,

144A,

FRN,

6.454%,

(30-day

SOFR

Average

+

2.1%),

3/25/42

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

United

States

338,252

341,311

2022-R03,

1M2,

144A,

FRN,

7.854%,

(30-day

SOFR

Average

+

3.5%),

3/25/42

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

United

States

127,000

131,351

2022-R04,

1M1,

144A,

FRN,

6.354%,

(30-day

SOFR

Average

+

2%),

3/25/42

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

United

States

261,320

263,353

2022-R04,

1M2,

144A,

FRN,

7.454%,

(30-day

SOFR

Average

+

3.1%),

3/25/42

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

United

States

120,000

123,346

2022-R06,

1M1,

144A,

FRN,

7.104%,

(30-day

SOFR

Average

+

2.75%),

5/25/42

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

United

States

26,660

27,170

2022-R07,

1M1,

144A,

FRN,

7.303%,

(30-day

SOFR

Average

+

2.95%),

6/25/42

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

United

States

99,205

101,625

2022-R08,

1M1,

144A,

FRN,

6.904%,

(30-day

SOFR

Average

+

2.55%),

7/25/42

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

United

States

112,871

115,216

2022-R09,

2M1,

144A,

FRN,

6.853%,

(30-day

SOFR

Average

+

2.5%),

9/25/42

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

United

States

69,273

70,218

2023-R01,

1M1,

144A,

FRN,

6.753%,

(30-day

SOFR

Average

+

2.4%),

12/25/42

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

United

States

46,282

47,382

2023-R02,

1M1,

144A,

FRN,

6.654%,

(30-day

SOFR

Average

+

2.3%),

1/25/43

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

United

States

91,957

93,790

2023-R06,

1M1,

144A,

FRN,

6.054%,

(30-day

SOFR

Average

+

1.7%),

7/25/43

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

United

States

49,108

49,312

2023-R07,

2M1,

144A,

FRN,

6.303%,

(30-day

SOFR

Average

+

1.95%),

9/25/43

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

United

States

44,104

44,378

2024-R02,

1M1,

144A,

FRN,

5.454%,

(30-day

SOFR

Average

+

1.1%),

2/25/44

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

United

States

9,344

9,319

2024-R03,

2M1,

144A,

FRN,

5.503%,

(30-day

SOFR

Average

+

1.15%),

3/25/44

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

United

States

44,928

44,879

2024-R04,

1M1,

144A,

FRN,

5.454%,

(30-day

SOFR

Average

+

1.1%),

5/25/44

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

United

States

80,292

80,243

2024-R05,

2M1,

144A,

FRN,

5.354%,

(30-day

SOFR

Average

+

1%),

7/25/44

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

United

States

22,244

22,228

2024-R06,

1A1,

144A,

FRN,

5.504%,

(30-day

SOFR

Average

+

1.15%),

9/25/44

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

United

States

324,808

324,347

2024-R06,

1M1,

144A,

FRN,

5.404%,

(30-day

SOFR

Average

+

1.05%),

9/25/44

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

United

States

69,334

69,257

2025-R01,

1A1,

144A,

FRN,

5.303%,

(30-day

SOFR

Average

+

0.95%),

1/25/45

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

United

States

91,418

90,978

2025-R01,

1M1,

144A,

FRN,

5.453%,

(30-day

SOFR

Average

+

1.1%),

1/25/45

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

United

States

104,480

104,205

2025-R02,

1A1,

144A,

FRN,

5.353%,

(30-day

SOFR

Average

+

1%),

2/25/45

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

United

States

141,840

141,289

2025-R02,

1M1,

144A,

FRN,

5.503%,

(30-day

SOFR

Average

+

1.15%),

2/25/45

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

United

States

450,997

451,583

b

Cross

Mortgage

Trust

,

2024-H1,

A1,

144A,

6.085%,

12/25/68

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

United

States

314,977

316,703

2024-H3,

A1,

144A,

6.272%,

6/25/69

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

United

States

284,480

287,517

2024-H4,

A1,

144A,

6.147%,

7/25/69

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

United

States

642,805

649,256

b,h

FHLMC

Seasoned

Credit

Risk

Transfer

Trust

,

2017-2

,

M1

,

144A,

FRN

,

%

,

8/25/56

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

United

States

121,007

120,376

g

FHLMC

STACR

Debt

Notes

,

2015-DNA3

,

M3

,

FRN

,

9.168 %

,

(30-

day

SOFR

Average

+

4.814 %),

4/25/28

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

United

States

252,821

256,848

b,g

FHLMC

STACR

REMIC

Trust

,

2021-DNA5,

M2,

144A,

FRN,

6.004%,

(30-day

SOFR

Average

+

1.65%),

1/25/34

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

United

States

72,496

72,736

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)

b,g

FHLMC

STACR

REMIC

Trust,

(continued)

2021-DNA6,

M2,

144A,

FRN,

5.854%,

(30-day

SOFR

Average

+

1.5%),

10/25/41

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

United

States

359,168

$

358,822

2021-DNA7,

M2,

144A,

FRN,

6.154%,

(30-day

SOFR

Average

+

1.8%),

11/25/41

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

United

States

889,000

892,334

2021-HQA4,

M1,

144A,

FRN,

5.304%,

(30-day

SOFR

Average

+

0.95%),

12/25/41

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

United

States

87,547

86,929

2022-DNA2,

M1A,

144A,

FRN,

5.654%,

(30-day

SOFR

Average

+

1.3%),

2/25/42

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

United

States

97,104

97,068

2022-DNA3,

M1B,

144A,

FRN,

7.254%,

(30-day

SOFR

Average

+

2.9%),

4/25/42

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

United

States

30,000

30,822

2022-DNA4,

M1A,

144A,

FRN,

6.554%,

(30-day

SOFR

Average

+

2.2%),

5/25/42

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

United

States

179,934

182,740

2022-DNA5,

M1A,

144A,

FRN,

7.304%,

(30-day

SOFR

Average

+

2.95%),

6/25/42

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

United

States

311,086

317,400

2022-DNA6,

M1A,

144A,

FRN,

6.504%,

(30-day

SOFR

Average

+

2.15%),

9/25/42

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

United

States

13,823

13,921

2022-DNA6,

M1B,

144A,

FRN,

8.054%,

(30-day

SOFR

Average

+

3.7%),

9/25/42

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

United

States

24,000

25,147

2022-HQA1,

M1A,

144A,

FRN,

6.454%,

(30-day

SOFR

Average

+

2.1%),

3/25/42

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

United

States

14,325

14,394

2022-HQA2,

M1A,

144A,

FRN,

7.004%,

(30-day

SOFR

Average

+

2.65%),

7/25/42

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

United

States

479,171

489,184

2022-HQA3,

M1A,

144A,

FRN,

6.654%,

(30-day

SOFR

Average

+

2.3%),

8/25/42

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

United

States

109,645

111,275

2023-DNA1,

M1A,

144A,

FRN,

6.453%,

(30-day

SOFR

Average

+

2.1%),

3/25/43

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

United

States

174,424

177,394

2023-HQA2,

M1A,

144A,

FRN,

6.354%,

(30-day

SOFR

Average

+

2%),

6/25/43

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

United

States

76,197

76,619

2023-HQA3,

A1,

144A,

FRN,

6.204%,

(30-day

SOFR

Average

+

1.85%),

11/25/43

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

United

States

134,276

135,501

2023-HQA3,

M1,

144A,

FRN,

6.204%,

(30-day

SOFR

Average

+

1.85%),

11/25/43

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

United

States

83,003

83,422

2024-DNA1,

A1,

144A,

FRN,

5.704%,

(30-day

SOFR

Average

+

1.35%),

2/25/44

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

United

States

153,501

153,676

2024-DNA2,

A1,

144A,

FRN,

5.604%,

(30-day

SOFR

Average

+

1.25%),

5/25/44

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

United

States

119,626

119,622

2025-DNA1,

A1,

144A,

FRN,

5.304%,

(30-day

SOFR

Average

+

0.95%),

1/25/45

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

United

States

67,150

66,861

g

FNMA

Connecticut

Avenue

Securities

,

2015-C04,

1M2,

FRN,

10.168%,

(30-day

SOFR

Average

+

5.814%),

4/25/28

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

United

States

201,116

204,671

2016-C01,

1M2,

FRN,

11.218%,

(30-day

SOFR

Average

+

6.864%),

8/25/28

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

United

States

92,402

95,313

2016-C01,

2M2,

FRN,

11.418%,

(30-day

SOFR

Average

+

7.064%),

8/25/28

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

United

States

52,902

54,500

2016-C02,

1M2,

FRN,

10.468%,

(30-day

SOFR

Average

+

6.114%),

9/25/28

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

United

States

38,154

38,922

2016-C03,

2M2,

FRN,

10.368%,

(30-day

SOFR

Average

+

6.014%),

10/25/28

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

United

States

22,141

22,807

2017-C02,

2M2C,

FRN,

8.118%,

(30-day

SOFR

Average

+

3.764%),

9/25/29

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

United

States

72,000

73,655

2017-C06,

1M2B,

FRN,

7.118%,

(30-day

SOFR

Average

+

2.764%),

2/25/30

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

United

States

12,407

12,439

2017-C06,

2M2C,

FRN,

7.268%,

(30-day

SOFR

Average

+

2.914%),

2/25/30

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

United

States

56,122

57,272

2018-C02,

2M2,

FRN,

6.668%,

(30-day

SOFR

Average

+

2.314%),

8/25/30

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

United

States

12,989

13,196

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)

g

FNMA

Connecticut

Avenue

Securities,

(continued)

2018-C05,

1M2,

FRN,

6.818%,

(30-day

SOFR

Average

+

2.464%),

1/25/31

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

United

States

56,032

$

56,504

b

J.P.

Morgan

Mortgage

Trust

,

2024-VIS2,

A1,

144A,

5.853%,

11/25/64

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

United

States

580,750

585,419

g

2025-2,

A11,

144A,

FRN,

5.604%,

(30-day

SOFR

Average

+

1.25%),

7/25/55

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

United

States

690,106

682,480

b

Legacy

Mortgage

Asset

Trust

,

2021-GS3

,

A1

,

144A,

4.75 %

,

7/25/61

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

United

States

208,545

208,368

b

MFA

Trust

,

2023-INV2

,

A1

,

144A,

6.775 %

,

10/25/58

.........

United

States

863,944

875,518

b,h

Morgan

Stanley

Resecuritization

Trust

,

2015-R4

,

CB1

,

144A,

FRN

,

4.368 %

,

8/26/47

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

United

States

47,684

47,470

b

Morgan

Stanley

Residential

Mortgage

Loan

Trust

,

g

2024-3,

AF,

144A,

FRN,

5.704%,

(30-day

SOFR

Average

+

1.35%),

7/25/54

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

United

States

157,986

156,463

2024-NQM2,

A1,

144A,

6.386%,

5/25/69

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

United

States

299,750

303,017

b,g

New

Residential

Mortgage

Loan

Trust

,

2018-4A

,

A1M

,

144A,

FRN

,

5.341 %

,

(1-month

SOFR

+

1.014 %),

1/25/48

.........

United

States

30,161

29,451

b

OBX

Trust

,

2023-NQM7

,

A1

,

144A,

6.844 %

,

4/25/63

.........

United

States

324,025

327,685

b,g

Radnor

Re

Ltd.

,

2024-1

,

M1A

,

144A,

FRN

,

6.354 %

,

(30-day

SOFR

Average

+

%),

9/25/34

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

United

States

86,726

86,803

b

Saluda

Grade

Alternative

Mortgage

Trust

,

2024-RTL4

,

A1

,

144A,

7.5 %

,

2/25/30

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

United

States

812,000

813,777

b,g

Station

Place

Securitization

Trust

,

2024-10,

A,

144A,

FRN,

5.223%,

(1-month

SOFR

+

0.9%),

10/27/25

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

United

States

750,000

752,627

2024-2,

A,

144A,

FRN,

5.223%,

(1-month

SOFR

+

0.9%),

6/22/25

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

United

States

660,000

660,555

2024-5,

A,

144A,

FRN,

5.223%,

(1-month

SOFR

+

0.9%),

8/04/25

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

United

States

685,000

684,663

g

Structured

Asset

Mortgage

Investments

II

Trust

,

2007-AR7

,

1A1

,

FRN

,

5.291 %

,

(1-month

SOFR

+

0.964 %),

5/25/47

.........

United

States

273,045

213,027

b

Verus

Securitization

Trust

,

2024-1

,

A1

,

144A,

5.712 %

,

1/25/69

.

United

States

572,436

573,459

b,h

Vista

Point

Securitization

Trust

,

2020-2

,

A2

,

144A,

FRN

,

1.986 %

,

4/25/65

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

United

States

39,991

38,495

g

WaMu

Mortgage

Pass-Through

Certificates

Trust

,

2005-AR1,

A1B,

FRN,

5.221%,

(1-month

SOFR

+

0.894%),

1/25/45

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

United

States

87,332

82,533

2005-AR13,

A1C3,

FRN,

5.421%,

(1-month

SOFR

+

1.094%),

10/25/45

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

United

States

80,591

78,045

2005-AR2,

2A1B,

FRN,

5.181%,

(1-month

SOFR

+

0.854%),

1/25/45

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

United

States

89,295

87,499

2005-AR9,

A1C3,

FRN,

5.401%,

(1-month

SOFR

+

1.074%),

7/25/45

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

United

States

153,360

150,594

20,075,139

a

a

a

a

a

a

#### Total

#### Residential

#### Mortgage-Backed

#### Securities

#### (Cost

#### $19,978,800)
...............

#### 20,075,139

#### Agency

#### Commercial

#### Mortgage-Backed

#### Securities

#### 6.2%

#### Financial

#### Services

#### 6.2%
FHLMC

,

g

406,

F30,

FRN,

5.504%,

(30-day

SOFR

Average

+

1.15%),

10/25/53

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

United

States

247,280

248,566

g,i

4979,

SN,

IO,

FRN,

1.582%,

(30-day

SOFR

Average

+

5.936%),

6/25/50

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

United

States

832,244

105,835

i

5077,

GI,

IO,

3.5%,

2/25/51

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

United

States

3,046,069

578,810

i

5116,

BI,

IO,

4%,

1/25/50

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

United

States

4,188,229

866,855

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)

h,i

FHLMC,

Multi-family

Structured

Pass-Through

Certificates

,

K098,

X1,

IO,

FRN,

1.262%,

8/25/29

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

United

States

2,744,530

$

114,059

K113,

XAM,

IO,

FRN,

1.686%,

6/25/30

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

United

States

2,243,000

159,145

FNMA

,

g,i

2019-42,

SA,

IO,

FRN,

1.582%,

(30-day

SOFR

Average

+

5.936%),

8/25/49

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

United

States

2,435,408

295,071

i

2021-14,

CI,

IO,

4.5%,

11/25/49

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

United

States

4,567,385

1,082,942

i

2022-13,

CI,

IO,

3%,

12/25/51

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

United

States

4,180,068

643,783

i

2023-49,

IA,

IO,

3%,

8/25/46

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

United

States

392,825

50,646

g

2024-103,

FB,

FRN,

5.304%,

(30-day

SOFR

Average

+

0.95%),

1/25/55

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

United

States

1,101,770

1,098,567

g

2024-105,

FC,

FRN,

5.354%,

(30-day

SOFR

Average

+

1%),

1/25/55

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

United

States

1,049,386

1,049,086

i

GNMA

,

g

2010-171,

SB,

IO,

FRN,

2.015%,

(1-month

SOFR

+

6.336%),

12/16/40

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

United

States

308,274

40,173

2014-102,

IG,

IO,

3.5%,

3/16/41

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

United

States

84,918

1,929

2014-76,

IO,

5%,

5/20/44

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

United

States

181,016

38,189

h

2014-H12,

BI,

IO,

FRN,

1.562%,

5/20/64

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

United

States

1,165,086

38,491

h

2014-H21,

AI,

IO,

FRN,

2.209%,

10/20/64

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

United

States

1,061,741

36,485

h

2015-H25,

AI,

IO,

FRN,

1.62%,

9/20/65

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

United

States

971,827

14,354

h

2015-H26,

DI,

IO,

FRN,

2.383%,

10/20/65

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

United

States

721,747

34,357

h

2015-H26,

EI,

IO,

FRN,

1.744%,

10/20/65

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

United

States

831,380

27,672

2016-75,

LI,

IO,

6%,

1/20/40

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

United

States

339,142

50,529

h

2016-H23,

NI,

IO,

FRN,

3.027%,

10/20/66

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

United

States

1,281,833

55,696

h

2017-H02,

BI,

IO,

FRN,

2.364%,

1/20/67

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

United

States

1,115,791

42,288

h

2017-H04,

BI,

IO,

FRN,

2.525%,

2/20/67

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

United

States

1,124,051

46,735

h

2017-H19,

MI,

IO,

FRN,

2.081%,

4/20/67

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

United

States

733,540

30,103

h

2020-190,

IO,

FRN,

1.051%,

11/16/62

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

United

States

3,685,829

286,157

2021-117,

MI,

IO,

3.5%,

5/20/42

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

United

States

2,955,253

478,123

h

2021-17,

IO,

FRN,

1.051%,

1/16/61

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

United

States

2,284,123

182,912

2021-182,

TI,

IO,

3.5%,

10/20/51

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

United

States

2,774,171

549,436

h

2021-189,

IO,

FRN,

0.884%,

6/16/61

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

United

States

4,874,194

332,467

2021-214,

AI,

IO,

4%,

12/20/51

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

United

States

3,110,124

638,532

2021-97,

NI,

IO,

2.5%,

8/20/49

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

United

States

7,730,860

947,164

2022-160,

IB,

IO,

4.5%,

2/20/50

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

United

States

5,276,484

1,111,595

2022-60,

IY,

IO,

3%,

2/20/52

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

United

States

6,692,859

1,020,313

2024-186,

IO,

3%,

9/20/51

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

United

States

3,416,670

528,205

2024-4,

GI,

IO,

5%,

2/20/53

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

United

States

1,812,096

439,852

13,265,122

a

a

a

a

a

a

#### Total

#### Agency

#### Commercial

#### Mortgage-Backed

#### Securities

#### (Cost

#### $12,776,974)
.......

#### 13,265,122

#### Total

#### Long

#### Term

#### Investments

#### (Cost

#### $245,706,543)

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

#### 241,536,636

#### a

#### Short

#### Term

#### Investments

#### 3.6%
a

a

#### Country

#### Principal

#### Amount

#### \*
a

#### Value
a

a

#### a
a

#### U.S.

#### Government

#### and

#### Agency

#### Securities

#### 1.3%
k,l

U.S.

Treasury

Bills

,

4.03%,

5/20/25

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

United

States

400,000

399,107

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

#### Principal

#### Amount

#### \*
a

#### Value
a

a

#### a
a

#### U.S.

#### Government

#### and

#### Agency

#### Securities
(continued)

k,l

U.S.

Treasury

Bills,

(continued)

4.13%,

10/02/25

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

United

States

2,400,000

$

2,358,116

2,757,223

#### Total

#### U.S.

#### Government

#### and

#### Agency

#### Securities

#### (Cost

#### $2,757,513)

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

#### 2,757,223

#### Shares

#### Money

#### Market

#### Funds

#### 2.3%
a,m

Putnam

Short

Term

Investment

Fund,

Class

P,

4.468%

.......

United

States

4,877,968

4,877,968

#### Total

#### Money

#### Market

#### Funds

#### (Cost

#### $4,877,968)

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

#### 4,877,968

#### Total

#### Short

#### Term

#### Investments

#### (Cost

#### $7,635,481

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

#### 7,635,191

#### a

#### Total

#### Investments

#### (Cost

#### $253,342,024)

#### 116.0%

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

#### $249,171,827

#### TBA

#### Sale

#### Commitments

#### (4.6)%

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

#### (9,788,066)

#### Other

#### Assets,

#### less

#### Liabilities

#### (11.4)%

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

#### (24,559,162)

#### Net

#### Assets

#### 100.0%

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

#### $214,824,599

#### a

#### Principal

#### Amount

#### \*
n

#### TBA

#### Sale

#### Commitments

#### (4.6)%

#### Mortgage-Backed

#### Securities

#### (4.6)%

#### Federal

#### National

#### Mortgage

#### Association
(FNMA)

#### Fixed

#### Rate

#### (3.6)%
Uniform

Mortgage-Backed

Securities

,

4.5%,

TBA,

5/25/55

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

United

States

(3,000,000)

(2,869,454)

5%,

TBA,

5/25/55

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

United

States

(5,000,000)

(4,895,253)

(7,764,707)

#### Government

#### National

#### Mortgage

#### Association
(GNMA)

#### Fixed

#### Rate

#### (1.0)%
GNMA

II,

Single-family,

Year,

6%,

5/15/55

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

United

States

(2,000,000)

(2,023,359)

#### Total

#### TBA

#### Sale

#### Commitments

#### (Proceeds

#### $(9,803,281))

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

#### $(9,788,066)
\*

The

principal

amount

is

stated

in

U.S.

dollars

unless

otherwise

indicated.

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,

2025,

the

aggregate

value

of

these

securities

was

$92,183,579,

representing

42.9%

of

net

assets.

c

Perpetual

security

with

no

stated

maturity

date.

d

The

coupon

rate

shown

represents

the

rate

at

period

end.

e

A

portion

or

all

of

the

security

purchased

on

a

delayed

delivery

basis.

See

Note

(d).

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

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.

j

Security

purchased

on

a

to-be-announced

(TBA)

basis.

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.

k

A

portion

or

all

of

the

security

has

been

segregated

as

collateral

for

certain

derivative

contracts.

At

April

30,

2025,

the

aggregate

value

of

these

securities

pledged

amounted

to

$2,212,603,

representing

1.0%

net

assets.

l

The

rate

shown

represents

the

yield

at

period

end.

m

The

rate

shown

is

the

annualized

seven-day

effective

yield

at

period

end.

n

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.

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited),

April

30,

2025

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

At

April

30,

2025,

the

Fund

had

the

following futures

contracts

outstanding.

See

Note

(e).

At

April

30,

2025,

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

$

73,645

6/16/25

$

1,977

Australia

Year

Bonds

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

Long

68,957

6/16/25

890

Canada

Year

Bonds

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

Long

1,704,294

6/19/25

8,952

Euro-

Bobl

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

Long

813,137

6/06/25

6,323

Euro-Bund

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

Long

1,343,583

6/06/25

7,131

Euro-

Buxl

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

Long

702,933

6/06/25

(6,711)

Euro-Schatz

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

Long

1,584,189

6/06/25

7,552

Japan

Year

Bonds

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

Short

9,837,040

6/13/25

(182,350)

Long

Gilt

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

Long

4,362,194

6/26/25

94,951

U.S.

Treasury

Year

Notes

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

Long

3,815,438

6/18/25

80,693

U.S.

Treasury

Year

Ultra

Notes

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

Long

917,875

6/18/25

16,416

U.S.

Treasury

Year

Notes

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

Short

6,452,602

6/30/25

(60,680)

U.S.

Treasury

Year

Notes

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

Long

5,132,180

6/30/25

103,108

U.S.

Treasury

Long

Bonds

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

Long

1,866,000

6/18/25

9,972

U.S.

Treasury

Ultra

Bonds

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

Long

1,694,438

6/18/25

(2,541)

Total

Futures

Contracts

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

$85,683

\*

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

......

BOFA

Buy

12,109,900

1,670,829

5/21/25

$

—

$

(2,289)

Chinese

Yuan

......

BOFA

Sell

2,619,700

361,446

5/21/25

—

Chinese

Yuan

......

CITI

Buy

6,836,000

941,347

5/21/25

1,081

(542) Chinese

Yuan

......

CITI

Sell

1,743,800

239,326

5/21/25

—

(940) Chinese

Yuan

......

GSCO

Buy

37,854,500

5,223,544

5/21/25

—

(7,832)

Chinese

Yuan

......

GSCO

Sell

31,002,600

4,278,050

5/21/25

6,414

—

Chinese

Yuan

......

HSBK

Buy

52,919,700

7,302,704

5/21/25

—

(11,261)

Chinese

Yuan

......

HSBK

Sell

9,753,500

1,345,943

5/21/25

2,076

—

Chinese

Yuan

......

JPHQ

Buy

2,578,700

355,786

5/21/25

—

(484) Chinese

Yuan

......

JPHQ

Sell

1,352,200

186,564

5/21/25

—

Chinese

Yuan

......

MSCO

Buy

2,728,200

376,397

5/21/25

—

(497) Chinese

Yuan

......

MSCO

Sell

1,850,600

255,319

5/21/25

—

Chinese

Yuan

......

SSBT

Buy

37,132,700

5,122,317

5/21/25

—

(6,057)

Chinese

Yuan

......

SSBT

Sell

33,239,600

4,589,023

5/21/25

9,167

—

Chinese

Yuan

......

TDOM

Buy

3,416,000

471,341

5/21/25

—

(674) Chinese

Yuan

......

TDOM

Sell

1,349,900

186,260

5/21/25

—

Chinese

Yuan

......

UBSW

Buy

1,248,300

172,219

5/21/25

—

(225) Hong

Kong

Dollar

...

SSBT

Buy

199,200

25,634

5/21/25

—

Hong

Kong

Dollar

...

SSBT

Sell

199,200

25,647

5/21/25

—

(45) Indonesian

Rupiah

..

GSCO

Buy

13,374,158,000

815,100

5/21/25

—

(7,675)

Indonesian

Rupiah

..

GSCO

Sell

6,815,649,400

415,386

5/21/25

3,911

—

Japanese

Yen

......

BOFA

Buy

31,341,400

207,210

5/21/25

12,473

—

Japanese

Yen

......

CITI

Buy

77,664,600

544,733

5/21/25

—

(354) Japanese

Yen

......

GSCO

Buy

190,327,300

1,262,202

5/21/25

71,870

—

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

#### Forward

#### Exchange

#### Contracts
(continued)

#### Currency

#### Counter-

#### party

#### a

#### Type

#### Quantity

#### Contract

#### Amount\*

#### Settlement

#### Date

#### Unrealized

#### Appreciation

#### Unrealized

#### Depreciation

#### a

#### OTC

#### Forward

#### Exchange

#### Contracts
(continued)

Japanese

Yen

......

GSCO

Sell

91,146,700

606,950

5/21/25

$

—

$

(31,930)

Japanese

Yen

......

HSBK

Buy

26,565,000

175,682

5/21/25

10,522

—

Japanese

Yen

......

HSBK

Sell

48,121,100

318,238

5/21/25

—

(19,060)

Japanese

Yen

......

JPHQ

Sell

905,985,700

6,039,744

5/21/25

636

(311,272)

Japanese

Yen

......

MSCO

Buy

29,592,800

195,636

5/21/25

11,791

—

Japanese

Yen

......

MSCO

Sell

797,211,100

5,270,306

5/21/25

—

(317,634)

Japanese

Yen

......

SSBT

Buy

116,296,700

769,000

5/21/25

46,165

—

Japanese

Yen

......

SSBT

Sell

15,470,400

102,297

5/21/25

—

(6,141)

Japanese

Yen

......

TDOM

Buy

35,866,900

237,128

5/21/25

14,276

—

Japanese

Yen

......

UBSW

Buy

60,021,900

396,925

5/21/25

23,790

—

Singapore

Dollar

....

BOFA

Sell

105,700

78,638

5/21/25

—

(2,381)

Singapore

Dollar

....

JPHQ

Buy

426,100

316,990

5/21/25

9,614

—

Singapore

Dollar

....

JPHQ

Sell

173,000

128,701

5/21/25

—

(3,903)

Singapore

Dollar

....

SSBT

Buy

165,100

122,823

5/21/25

3,726

—

South

Korean

Won

..

GSCO

Buy

419,556,300

290,854

5/21/25

4,069

—

South

Korean

Won

..

JPHQ

Buy

2,991,339,800

2,076,673

5/21/25

26,306

(250) South

Korean

Won

..

JPHQ

Sell

1,582,624,800

1,097,034

5/21/25

—

(15,455)

Thai

Baht

.........

UBSW

Buy

4,559,900

136,618

5/21/25

—

Thai

Baht

.........

UBSW

Sell

4,542,200

136,088

5/21/25

—

(84) Thai

Baht

.........

WPAC

Buy

5,427,800

162,616

5/21/25

—

Thai

Baht

.........

WPAC

Sell

6,366,600

190,742

5/21/25

—

(123) British

Pound

......

BOFA

Buy

273,700

350,944

6/18/25

13,883

—

British

Pound

......

CITI

Sell

165,100

211,892

6/18/25

—

(8,177)

British

Pound

......

JPHQ

Buy

69,300

88,846

6/18/25

3,527

—

British

Pound

......

JPHQ

Sell

1,138,900

1,460,124

6/18/25

—

(57,965)

British

Pound

......

MSCO

Buy

3,527,300

4,559,194

6/18/25

142,497

—

British

Pound

......

MSCO

Sell

420,100

539,495

6/18/25

—

(20,474)

British

Pound

......

SSBT

Buy

970,500

1,244,142

6/18/25

49,479

—

British

Pound

......

TDOM

Buy

339,100

434,744

6/18/25

17,257

—

British

Pound

......

TDOM

Sell

1,040,000

1,333,334

6/18/25

—

(52,927)

British

Pound

......

UBSW

Buy

21,000

26,942

6/18/25

1,050

—

British

Pound

......

UBSW

Sell

579,800

743,853

6/18/25

—

(28,987)

Czech

Koruna

......

BOFA

Buy

4,859,800

211,044

6/18/25

9,841

—

Czech

Koruna

......

BOFA

Sell

2,795,900

121,416

6/18/25

—

(5,661)

Czech

Koruna

......

HSBK

Buy

2,356,200

102,299

6/18/25

4,794

—

Danish

Krone

......

CITI

Sell

918,000

133,268

6/18/25

—

(6,519)

Danish

Krone

......

JPHQ

Sell

448,700

64,939

6/18/25

—

(3,386)

Danish

Krone

......

MSCO

Buy

562,400

81,400

6/18/25

4,239

—

Euro

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

BOFA

Sell

838,200

902,465

6/18/25

—

(49,967)

Euro

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

CITI

Buy

3,456,200

3,721,206

6/18/25

206,013

—

Euro

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

CITI

Sell

5,067,000

5,461,004

6/18/25

—

(296,538)

Euro

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

HSBK

Buy

2,935,000

3,160,775

6/18/25

174,214

—

Euro

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

HSBK

Sell

8,221,200

8,853,616

6/18/25

—

(487,988)

Euro

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

JPHQ

Buy

3,696,800

3,979,588

6/18/25

221,020

—

Euro

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

JPHQ

Sell

5,802,800

6,246,688

6/18/25

—

(346,931)

Euro

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

MSCO

Buy

1,865,100

2,061,490

6/18/25

61,108

(3,317)

Euro

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

MSCO

Sell

2,758,300

2,951,785

6/18/25

—

(182,423)

Euro

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

SSBT

Buy

223,700

240,878

6/18/25

13,308

—

Euro

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

SSBT

Sell

946,300

1,018,966

6/18/25

—

(56,298)

Euro

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

TDOM

Buy

675,200

727,066

6/18/25

40,152

—

Euro

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

TDOM

Sell

143,400

154,415

6/18/25

—

(8,528)

Euro

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

UBSW

Buy

4,127,100

4,442,658

6/18/25

246,892

—

Euro

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

UBSW

Sell

770,800

880,336

6/18/25

4,490

—

Euro

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

WPAC

Buy

1,520,300

1,636,857

6/18/25

90,633

—

Euro

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

WPAC

Sell

1,038,900

1,128,700

6/18/25

—

(51,784)

Hungarian

Forint

....

SSBT

Buy

33,688,000

91,028

6/18/25

3,102

—

Hungarian

Forint

....

SSBT

Sell

17,449,200

47,149

6/18/25

—

(1,607)

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

#### Forward

#### Exchange

#### Contracts
(continued)

#### Currency

#### Counter-

#### party

#### a

#### Type

#### Quantity

#### Contract

#### Amount\*

#### Settlement

#### Date

#### Unrealized

#### Appreciation

#### Unrealized

#### Depreciation

#### a

#### OTC

#### Forward

#### Exchange

#### Contracts
(continued)

Norwegian

Krone

...

BOFA

Sell

813,000

74,975

6/18/25

$

—

$

(3,174)

Norwegian

Krone

...

BZWS

Sell

57,300

5,282

6/18/25

—

(226) Norwegian

Krone

...

CITI

Sell

523,200

48,218

6/18/25

—

(2,074)

Norwegian

Krone

...

GSCO

Sell

38,900

3,587

6/18/25

—

(153) Norwegian

Krone

...

HSBK

Sell

173,100

15,960

6/18/25

—

(680) Norwegian

Krone

...

JPHQ

Sell

300,800

27,723

6/18/25

—

(1,192)

Norwegian

Krone

...

MSCO

Sell

1,761,100

162,379

6/18/25

—

(6,905)

Norwegian

Krone

...

SSBT

Sell

631,400

58,216

6/18/25

—

(2,477)

Norwegian

Krone

...

TDOM

Sell

1,275,600

117,593

6/18/25

—

(5,022)

Polish

Zloty

........

BOFA

Sell

548,800

142,008

6/18/25

—

(2,992)

Polish

Zloty

........

BZWS

Buy

146,700

37,954

6/18/25

806

—

Polish

Zloty

........

GSCO

Sell

362,500

93,805

6/18/25

—

(1,972)

Polish

Zloty

........

SSBT

Buy

600

6/18/25

—

Romanian

New

Leu

.

CITI

Buy

687,600

149,286

6/18/25

6,837

—

Romanian

New

Leu

.

CITI

Sell

342,900

74,448

6/18/25

—

(3,409)

Swedish

Krona

.....

BOFA

Sell

1,733,500

172,600

6/18/25

—

(7,285)

Swedish

Krona

.....

GSCO

Sell

888,800

88,479

6/18/25

—

(3,751)

Swedish

Krona

.....

SSBT

Sell

405,400

40,353

6/18/25

—

(1,716)

Swedish

Krona

.....

TDOM

Sell

1,250,000

124,436

6/18/25

—

(5,276)

Swedish

Krona

.....

UBSW

Sell

2,375,200

236,472

6/18/25

—

(10,002)

Swiss

Franc

.......

BOFA

Buy

69,800

79,501

6/18/25

5,574

—

Swiss

Franc

.......

BOFA

Sell

221,000

251,714

6/18/25

—

(17,648)

Swiss

Franc

.......

BZWS

Sell

262,300

298,676

6/18/25

—

(21,024)

Swiss

Franc

.......

HSBK

Buy

107,600

122,455

6/18/25

8,692

—

Swiss

Franc

.......

JPHQ

Buy

479,000

581,926

6/18/25

1,907

(12) Australian

Dollar

....

BOFA

Buy

237,900

150,070

7/16/25

2,454

—

Australian

Dollar

....

BOFA

Sell

639,600

403,466

7/16/25

—

(6,597)

Australian

Dollar

....

CITI

Buy

79,300

50,016

7/16/25

825

—

Australian

Dollar

....

GSCO

Buy

32,700

20,626

7/16/25

—

Australian

Dollar

....

JPHQ

Buy

96,900

61,145

7/16/25

980

—

Australian

Dollar

....

MSCO

Buy

75,100

47,367

7/16/25

781

—

Australian

Dollar

....

MSCO

Sell

301,100

189,911

7/16/25

—

(3,131)

Australian

Dollar

....

SSBT

Buy

282,400

178,112

7/16/25

2,942

—

Australian

Dollar

....

SSBT

Sell

1,161,900

732,819

7/16/25

—

(12,105)

Australian

Dollar

....

TDOM

Buy

11,500

7,254

7/16/25

—

Australian

Dollar

....

UBSW

Buy

447,100

282,017

7/16/25

4,630

—

Australian

Dollar

....

WPAC

Buy

459,100

289,737

7/16/25

4,604

—

Australian

Dollar

....

WPAC

Sell

197,000

124,326

7/16/25

—

(1,976)

Canadian

Dollar

....

BOFA

Buy

167,700

117,807

7/16/25

4,309

—

Canadian

Dollar

....

BOFA

Sell

1,869,600

1,313,373

7/16/25

—

(48,034)

Canadian

Dollar

....

BZWS

Sell

304,700

214,016

7/16/25

—

(7,861)

Canadian

Dollar

....

CITI

Buy

525,000

368,739

7/16/25

13,556

—

Canadian

Dollar

....

CITI

Sell

1,065,900

748,645

7/16/25

—

(27,523)

Canadian

Dollar

....

HSBK

Buy

3,026,600

2,155,168

7/16/25

48,744

—

Canadian

Dollar

....

JPHQ

Buy

18,900

13,275

7/16/25

—

Canadian

Dollar

....

MSCO

Sell

216,800

152,270

7/16/25

—

(5,600)

Canadian

Dollar

....

SSBT

Buy

161,700

113,578

7/16/25

4,169

—

Canadian

Dollar

....

SSBT

Sell

508,300

357,030

7/16/25

—

(13,104)

Canadian

Dollar

....

TDOM

Buy

146,400

102,826

7/16/25

3,779

—

Canadian

Dollar

....

UBSW

Buy

676,900

475,441

7/16/25

17,464

—

Israeli

New

Shekel

..

BOFA

Sell

225,800

61,262

7/16/25

—

(928) Israeli

New

Shekel

..

SSBT

Buy

605,900

164,383

7/16/25

2,495

—

Israeli

New

Shekel

..

SSBT

Sell

217,200

58,927

7/16/25

—

(894) Mexican

Peso

......

BOFA

Sell

3,509,400

168,910

7/16/25

—

(8,229)

Mexican

Peso

......

HSBK

Buy

395,400

19,027

7/16/25

931

—

Mexican

Peso

......

MSCO

Sell

1,995,800

96,045

7/16/25

—

(4,694)

Mexican

Peso

......

TDOM

Buy

2,680,100

128,946

7/16/25

6,334

—

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,

2025,

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)

Mexican

Peso

......

UBSW

Buy

1,767,000

85,075

7/16/25

$

4,115

$

—

New

Zealand

Dollar

.

BOFA

Sell

199,900

115,105

7/16/25

—

(3,920)

New

Zealand

Dollar

.

MSCO

Sell

335,300

193,064

7/16/25

—

(6,582)

New

Zealand

Dollar

.

SSBT

Sell

200,300

115,339

7/16/25

—

(3,925)

New

Zealand

Dollar

.

UBSW

Sell

37,300

21,479

7/16/25

—

(731) New

Zealand

Dollar

.

WPAC

Sell

97,200

55,990

7/16/25

—

(1,886)

Total

Forward

Exchange

Contracts

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

$1,714,862

$(2,671,295)

Net

unrealized

appreciation

(depreciation)

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

$(956,433)

\*

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
3.833%/1-day

SOFR/Sep-35/(Purchased)

BNDP

9/08/25

/

3.833%

1,448,800

$

34,554

$

11,249

(3.833%)/1-day

SOFR/Sep-35/(Purchased)

BNDP

9/08/25

/

3.833%

1,448,800

34,554

(14,808)

3.85%/1-day

SOFR/Feb-27/(Purchased)

BNDP

2/05/26

/

3.85%

31,100,000

129,065

157,955

3.3%/1-day

SOFR/Feb-27/(Written)

BNDP

2/05/26

/

3.3%

46,650,000

(102,630)

(157,154)

3.725%/1-day

SOFR/Nov-36/(Purchased)

BOFA

11/23/26

/

3.725%

2,565,500

125,453

(17,436)

(4.225%)/1-day

SOFR/Nov-36/(Purchased)

BOFA

11/23/26

/

4.225%

2,565,500

131,353

(60,164)

3.428%/1-day

SOFR/Aug-37/(Purchased)

BOFA

8/13/27

/

3.428%

658,500

37,897

(14,396)

(3.428%)/1-day

SOFR/Aug-37/(Purchased)

BOFA

8/13/27

/

3.428%

658,500

37,897

6,615

3.61%/1-day

SOFR/Oct-34/(Purchased)

BOFA

10/09/29

/

3.61%

70,900

2,783

(478) (3.61%)/1-day

SOFR/Oct-34/(Purchased)

BOFA

10/09/29

/

3.61%

70,900

2,783

(3.987%)/1-day

SOFR/Mar-40/(Purchased)

BOFA

3/26/30

/

3.987%

625,000

45,156

880

3.987%/1-day

SOFR/Mar-40/(Purchased)

BOFA

3/26/30

/

3.987%

625,000

45,156

(4,727)

(4%)/1-day

SOFR/Dec-30/(Purchased)

CITI

12/08/25

/

4%

5,584,100

63,100

(32,638)

4.495%/6-month

AUD

BBR/Jul-35/(Purchased)

DBAB

7/14/25

/

4.495%

AUD

4,965,000

109,400

20,624

(4.495%)/6-month

AUD

BBR/Jul-35/

(Purchased)

DBAB

7/14/25

/

4.495%

AUD

4,965,000

109,400

(99,694)

2.35%/1-day

SOFR/Mar-59/(Purchased)

GSCO

3/12/29

/

2.35%

2,033,100

118,530

(51,037)

1.441%/6-month

AUD

BBR/Jul-45/(Purchased)

JPHQ

7/01/25

/

1.441%

AUD

125,100

7,432

(7,386)

(1.441%)/6-month

AUD

BBR/Jul-45/

(Purchased)

JPHQ

7/01/25

/

1.441%

AUD

125,100

7,432

24,364

(2.495%)/6-month

AUD

BBR/Nov-46/

(Purchased)

JPHQ

11/23/26

/

2.495%

AUD

1,458,600

90,476

148,196

2.495%/6-month

AUD

BBR/Nov-46/

(Purchased)

JPHQ

11/23/26

/

2.495%

AUD

1,458,600

90,476

(84,885)

2.452%/6-month

EURIBOR/Feb-48/

(Purchased)

JPHQ

1/31/28

/

2.452%

EUR

1,131,300

88,330

(10,216)

(2.452%)/6-month

EURIBOR/Feb-48/

(Purchased)

JPHQ

1/31/28

/

2.452%

EUR

1,131,300

88,330

22,683

1.201%/6-month

EURIBOR/Apr-39/

(Purchased)

JPHQ

4/11/29

/

1.201%

EUR

1,958,200

38,868

(16,689)

(4.201%)/6-month

EURIBOR/Apr-39/

(Purchased)

JPHQ

4/11/29

/

4.201%

EUR

1,958,200

48,952

(12,000)

(1.445%)/6-month

AUD

BBR/Mar-40/

(Purchased)

JPHQ

3/27/30

/

1.445%

AUD

261,200

9,989

29,052

1.445%/6-month

AUD

BBR/Mar-40/

(Purchased)

JPHQ

3/27/30

/

1.445%

AUD

261,200

9,989

(8,132)

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

At

April

30,

2025,

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
(4.5%)/1-day

SOFR/Oct-30/(Written)

MCML

10/09/25

/

4.5%

5,584,100

$

(18,181)

$

11,213

2.85%/1-day

SOFR/Oct-30/(Purchased)

MCML

10/09/25

/

2.85%

5,584,100

37,595

(922) 4.01%/1-day

SOFR/Mar-52/(Purchased)

MCML

3/29/32

/

4.01%

117,800

14,124

(159) (4.01%)/1-day

SOFR/Mar-52/(Purchased)

MCML

3/29/32

/

4.01%

117,800

14,124

568

(2.952%)/6-month

EURIBOR/Jun-49/

(Purchased)

MSCO

6/18/29

/

2.952%

EUR

1,685,000

134,324

(5,102)

(4.825%)/1-day

SOFR/May-57/(Purchased)

NATW

4/30/27

/

4.825%

1,008,800

36,519

–

(2%)/6-month

AUD

BBR/Sep-46/(Purchased)

UBSW

9/10/36

/

2%

AUD

975,900

51,763

55,656

2%/6-month

AUD

BBR/Sep-46/(Purchased)

UBSW

9/10/36

/

2%

AUD

975,900

51,763

(30,853)

(2.7%)/6-month

AUD

BBR/Apr-47/(Purchased)

UBSW

4/01/37

/

2.7%

AUD

1,140,000

69,163

34,384

2.7%/6-month

AUD

BBR/Apr-47/(Purchased)

UBSW

4/01/37

/

2.7%

AUD

1,140,000

69,164

(37,200)

#### Unrealized

#### appreciation

#### 523,751

#### Unrealized
(depreciation)

#### (666,076)

#### Total

#### $(142,325)
\*

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) #### OTC

#### Swap

#### Contracts

#### to

#### Buy

#### Protection
(c) #### Traded

#### Index
CMBX.NA.BBB-.7

(3.00)%

Monthly

MLCO

1/17/47

16,000

$

1,000

$

1,311

$

(311) #### Contracts

#### to

#### Sell

#### Protection

#### (c)(d)

#### Traded

#### Index
CMBX.NA.BBB-.7

3.00%

Monthly

JPHQ

1/17/47

16,000

(1,000)

(3,756)

2,756

Investment

Grade

Total

OTC

Swap

Contracts

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

$—

$(2,445)

$2,445

Total

Credit

Default

Swap

Contracts

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

$—

$

(2,445)

$2,445

(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,

2025,

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

Fixed

4.14%

..

Quarterly

Pay

Floating

3-month

AUD

BBR

.........

Quarterly

10/15/25

24,825,200

AUD

$

28,408

$

—

$

28,408

Receive

Floating

3-month

AUD

BBR

...........

Quarterly

Pay

Fixed

3.61%

....

Quarterly

12/18/26

11,238,000

AUD

(37,004)

9,567

(46,571)

Receive

Floating

1-day

SOFR

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

Annual

Pay

Fixed

3.75%

....

Annual

6/18/27

13,126,000

(120,457)

(71,972)

(48,485)

Receive

Fixed

2.35%

..

Semi-Annual

Pay

Floating

1-day

REPO_CORRA

.....

Semi-Annual

6/18/27

7,087,000

CAD

6,640

(3,177)

9,817

Receive

Fixed

2.35%

..

Annual

Pay

Floating

6-month

EURIBOR

.........

Semi-Annual

6/18/27

6,550,000

EUR

71,440

6,260

65,180

Receive

Fixed

3.65%

..

Quarterly

Pay

Floating

3-month

AUD

BBR

.........

Quarterly

6/18/27

8,245,000

AUD

53,832

1,876

51,956

Receive

Fixed

4.05%

..

Annual

Pay

Floating

1-day

SONIA

...........

Annual

6/18/27

3,575,000

GBP

45,736

6,156

39,580

Receive

Fixed

4.226%

.

Semi-Annual

Pay

Floating

6-month

AUD

BBR

.........

Semi-Annual

2/15/29

2,482,000

AUD

42,534

—

42,534

Receive

Fixed

3.701%

.

Semi-Annual

Pay

Floating

6-month

AUD

BBR

.........

Semi-Annual

12/18/29

6,237,000

AUD

11,320

(67,550)

78,870

Receive

Floating

6-month

AUD

BBR

...........

Semi-Annual

Pay

Fixed

3.64%

....

Semi-Annual

12/18/29

14,187,000

AUD

(3) (28,267)

28,264

Receive

Fixed

3.75%

..

Annual

Pay

Floating

1-day

SOFR

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

Annual

3/19/30

5,027,000

92,703

8,157

84,546

Receive

Floating

6-month

EURIBOR

...........

Semi-Annual

Pay

Fixed

1.95%

....

Annual

3/19/30

694,000

EUR

6,842

17,117

(10,275)

Receive

Fixed

1.65%

..

Quarterly

Pay

Floating

1-week

CNY-Fixing

Repo

Rate

Quarterly

6/18/30

192,710,000

CNY

323,149

(26,105)

349,254

Receive

Floating

1-day

SOFR

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

Annual

Pay

Fixed

3.75%

....

Annual

6/18/30

38,593,000

(756,705)

(111,279)

(645,426)

Receive

Fixed

2.55%

..

Annual

Pay

Floating

6-month

EURIBOR

.........

Semi-Annual

6/18/30

1,762,000

EUR

40,840

9,455

31,385

Putnam

Global

Income

Trust

Schedule

of

Investments

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

#### 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

Fixed

3.92%

..

Semi-Annual

Pay

Floating

6-month

AUD

BBR

.........

Semi-Annual

12/18/34

8,427,900

AUD

$

(54,906)

$

(94,710)

$

39,804

Receive

Fixed

2.05%

..

Annual

Pay

Floating

6-month

EURIBOR

.........

Semi-Annual

3/19/35

334,000

EUR

(12,971)

(5,098)

(7,873)

Receive

Floating

6-month

AUD

BBR

...........

Semi-Annual

Pay

Fixed

4.05%

....

Semi-Annual

3/19/35

151,000

AUD

(116) 2,485

(2,601)

Receive

Fixed

0.85%

..

Annual

Pay

Floating

1-day

SARON

..........

Annual

6/18/35

1,426,000

CHF

78,573

(1,443)

80,016

Receive

Floating

1-day

REPO_CORRA

.......

Semi-Annual

Pay

Fixed

2.75%

....

Semi-Annual

6/18/35

1,662,000

CAD

5,165

4,126

1,039

Receive

Fixed

2.65%

..

Quarterly

Pay

Floating

3-month

CD_KSDA

.........

Quarterly

6/18/35

3,919,000,000

KRW

69,386

(480) 69,866

Receive

Fixed

2.75%

..

Annual

Pay

Floating

6-month

EURIBOR

.........

Semi-Annual

6/18/35

10,338,000

EUR

329,583

71,178

258,405

Receive

Fixed

3.85%

..

Annual

Pay

Floating

1-day

SOFR

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

Annual

6/18/35

4,299,000

83,319

30,526

52,793

Receive

Floating

3-month

AUD

BBR

...........

Quarterly

Pay

Fixed

4.25%

....

Semi-Annual

6/18/35

1,630,000

NZD

(24,930)

(1,593)

(23,337)

Receive

Floating

3-month

STIBOR

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

Quarterly

Pay

Fixed

2.95%

....

Annual

6/18/35

19,690,000

SEK

(60,882)

7,728

(68,610)

Receive

Fixed

4.15%

..

Annual

Pay

Floating

1-day

SONIA

...........

Annual

6/18/35

1,705,000

GBP

39,211

(1,108)

40,319

Receive

Fixed

4.55%

..

Semi-Annual

Pay

Floating

6-month

AUD

BBR

.........

Semi-Annual

6/18/35

1,324,000

AUD

36,448

26,943

9,505

Receive

Floating

6-month

AUD

BBR

...........

Semi-Annual

Pay

Fixed

4.45%

....

Semi-Annual

6/18/35

5,277,000

AUD

(117,062)

(55,528)

(61,534)

Receive

Floating

6-month

NIBOR

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

Semi-Annual

Pay

Fixed

4.15%

....

Annual

6/18/35

29,633,000

NOK

(66,432)

(7,405)

(59,027)

Receive

Floating

6-month

AUD

BBR

...........

Semi-Annual

Pay

Fixed

5.092%

...

Semi-Annual

4/07/40

449,500

AUD

(3,581)

—

(3,581)

Receive

Floating

6-month

AUD

BBR

...........

Semi-Annual

Pay

Fixed

4.91%

....

Semi-Annual

1/27/43

448,300

AUD

(2,052)

—

(2,052)

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,

2025,

the

Fund

had

the

following total

return swap

contracts

outstanding.

See

Note

1(e)

.

#### 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

SOFR

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

Annual

Pay

Fixed

3.55%

....

Annual

3/19/55

1,829,000

$

88,105

$

76,238

$

11,867

Receive

Fixed

2.05%

..

Annual

Pay

Floating

6-month

EURIBOR

.........

Semi-Annual

3/19/55

663,000

EUR

(60,521)

(28,115)

(32,406)

Receive

Fixed

2.95%

..

Semi-Annual

Pay

Floating

1-day

REPO_CORRA

.....

Semi-Annual

6/18/55

462,000

CAD

(4,937)

5,136

(10,073)

Receive

Fixed

3.85%

..

Annual

Pay

Floating

1-day

SOFR

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

Annual

6/18/55

2,548,000

19,251

34,857

(15,606)

Receive

Fixed

4.45%

..

Annual

Pay

Floating

1-day

SONIA

...........

Annual

6/18/55

510,000

GBP

11,227

8,320

2,907

Receive

Fixed

4.55%

..

Semi-Annual

Pay

Floating

6-month

AUD

BBR

.........

Semi-Annual

6/18/55

415,000

AUD

14,996

5,934

9,062

Receive

Fixed

3.825%

.

Annual

Pay

Floating

1-day

SOFR

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

Annual

5/04/57

194,700

—

—

—

Total

Centrally

Cleared

Swap

Contracts

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

$176,149

$(171,771)

$347,920

Total

Interest

Rate

Swap

Contracts

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

$176,149

$

(171,771)

$347,920

\*

In

U.S.

dollars

unless

otherwise

indicated.

#### Total

#### Return

#### Swap

#### Contracts

#### Underlying

#### Instruments

#### Financing

#### Rate

#### Payment

#### Frequency

#### Counter-

#### party

#### Maturity

#### Date

#### Notional

#### Value

#### \*

#### Value/

#### Unrealized

#### Appreciation
(Depreciation)

#### OTC

#### Swap

#### Contracts

#### Long
(a) Ephesus

Funding

DAC

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

0.165%

At

Maturity

MSCO

9/22/25

502,000

$

5,714

Total

Return

Swap

Contracts

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

$5,714

\*

In

U.S.

dollars

unless

otherwise

indicated.

(a) The

Fund

receives

the

total

return

on

the

underlying

instrument

and

pays

a

variable

financing

rate.

See

Note

regarding

other

derivative

information.

See

A

bbreviations

on

.

Putnam

Global

Income

Trust

Financial

Statements

Statement

of

Assets

and

Liabilities

April

30,

2025

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

#### Putnam

#### Global

#### Income

#### Trust
Assets:

Investments

in

securities:

Cost

-

Unaffiliated

issuers

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

$245,064,292

Cost

-

Non-controlled

affiliates

(Note

g)

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

8,277,732

Value

-

Unaffiliated

issuers

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

$240,874,961

Value

-

Non-controlled

affiliates

(Note

g)

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

8,296,866

Cash

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

608,340

Receivables:

Receivable

for

sales

of

TBA

securities

(Note

d)

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

9,803,281

Capital

shares

sold

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

64,236

Dividends

and

interest

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

764,261

Deposits

with

brokers

for:

Centrally

cleared

swap

contracts

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

1,580,414

Variation

margin

on

futures

contracts

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

14,121

Variation

margin

on

centrally

cleared

swap

contracts

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

38,049

OTC

swap

contracts

(upfront

payments

$

1,311)

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

1,311

Unrealized

appreciation

on

OTC

forward

exchange

contracts

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

1,714,862

Unrealized

appreciation

on

forward

premium

swap

option

contracts

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

523,751

Unrealized

appreciation

on

OTC

swap

contracts

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

8,470

Prepaid

expenses

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

95,349

Total

assets

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

264,388,272

Liabilities:

Payables:

Investment

securities

purchased

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

141,060

Payable

for

purchases

of

TBA

securities

(Note

d)

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

35,371,367

Capital

shares

redeemed

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

493,241

Management

fees

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

47,051

Administrative

fees

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

987

Distribution

fees

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

16,997

Transfer

agent

fees

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

117,983

Trustees'

fees

and

expenses

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

70,434

OTC

swap

contracts

(upfront

receipts

$

3,756)

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

3,756

Unrealized

depreciation

on

OTC

swap

contracts

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

Unrealized

depreciation

on

OTC

forward

exchange

contracts

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

2,671,295

Unrealized

depreciation

on

forward

premium

swap

option

contracts

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

666,076

TBA

sale

commitments,

at

value

(proceeds

$9,803,281)

(Note

1d)

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

9,788,066

Accrued

expenses

and

other

liabilities

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

175,049

Total

liabilities

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

49,563,673

Net

assets,

at

value

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

$214,824,599

Net

assets

consist

of:

Paid-in

capital

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

$251,072,847

Total

distributable

earnings

(losses)

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

(36,248,248)

Net

assets,

at

value

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

$214,824,599

Putnam

Global

Income

Trust

Financial

Statements

Statement

of

Assets

and

Liabilities

(continued)

April

30,

2025

(unaudited)

franklintempleton.com

Semiannual

Report

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

#### Putnam

#### Global

#### Income

#### Trust

#### Class

#### A:
Net

assets,

at

value

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

$72,780,328

Shares

outstanding

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

7,221,425

Net

asset

value

per

share

a

,b

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

$10.08

Maximum

offering

price

per

share

(net

asset

value

per

share

÷

.00

%)

b

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

$10.50

#### Class

#### C:
Net

assets,

at

value

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

$1,810,249

Shares

outstanding

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

180,563

Net

asset

value

and

maximum

offering

price

per

share

a

,b

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

$10.03

#### Class

#### R:
Net

assets,

at

value

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

$1,173,389

Shares

outstanding

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

116,518

Net

asset

value

and

maximum

offering

price

per

share

b

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

$10.07

#### Class

#### R5:
Net

assets,

at

value

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

$57,587

Shares

outstanding

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

5,715

Net

asset

value

and

maximum

offering

price

per

share

b

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

$10.08

#### Class

#### R6:
Net

assets,

at

value

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

$12,553,403

Shares

outstanding

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

1,246,550

Net

asset

value

and

maximum

offering

price

per

share

b

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

$10.07

#### Class

#### Y:
Net

assets,

at

value

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

$126,449,643

Shares

outstanding

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

12,552,554

Net

asset

value

and

maximum

offering

price

per

share

b

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

$10.07

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,

2025

(unaudited)

franklintempleton.com

The

accompanying

notes

are

an

integral

part

of

these

financial

statements.

Semiannual

Report

#### Putnam

#### Global

#### Income

#### Trust
Investment

income:

Dividends:

Non-controlled

affiliates

(Note

g)

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

$349,699

Interest:

(net

of

foreign

taxes

of

$48,742)

Unaffiliated

issuers

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

4,565,160

Total

investment

income

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

4,914,859

Expenses:

Management

fees

(Note

a)

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

557,837

Administrative

fees

(Note

b)

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

2,404

Distribution

fees:

(Note

3c)

&nbsp;&nbsp;&nbsp;&nbsp;Class

A

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

92,133

&nbsp;&nbsp;&nbsp;&nbsp;Class

C

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

9,271

&nbsp;&nbsp;&nbsp;&nbsp;Class

R

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

3,016

Transfer

agent

fees:

(Note

3e)

&nbsp;&nbsp;&nbsp;&nbsp;Class

A

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

85,220

&nbsp;&nbsp;&nbsp;&nbsp;Class

C

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

2,159

&nbsp;&nbsp;&nbsp;&nbsp;Class

R

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

1,404

&nbsp;&nbsp;&nbsp;&nbsp;Class

R5

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

&nbsp;&nbsp;&nbsp;&nbsp;Class

R6

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

3,500

&nbsp;&nbsp;&nbsp;&nbsp;Class

Y

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

141,844

Custodian

fees

(Note

4)

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

23,887

Reports

to

shareholders

fees

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

31,071

Registration

and

filing

fees

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

48,499

Professional

fees

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

86,518

Trustees'

fees

and

expenses

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

3,737

Other

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

756

Total

expenses

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

1,093,290

Expense

reductions

(Note

4)

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

(978) Expenses

waived/paid

by

affiliates

(Note

g

and

h)

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

(298,214)

Net

expenses

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

794,098

Net

investment

income

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

4,120,761

Realized

and

unrealized

gains

(losses):

Net

realized

gain

(loss)

from:

Investments:

Unaffiliated

issuers

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

(1,517,608)

Foreign

currency

transactions

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

3,644

Forward

exchange

contracts

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

656,654

Forward

premium

swap

option

contracts

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

304,737

Futures

contracts

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

(326,962)

TBA

sale

commitments

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

296,367

Swap

contracts

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

382,385

Net

realized

gain

(loss)

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

(200,783)

Net

change

in

unrealized

appreciation

(depreciation)

on:

Investments:

Unaffiliated

issuer

s

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

3,595,157

Non-controlled

affiliates

(Note

g)

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

19,134

Translation

of

other

assets

and

liabilities

denominated

in

foreign

currencies

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

67,433

Forward

exchange

contracts

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

(1,622,255)

Forward

premium

swap

option

contracts

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

(146,575)

Futures

contracts

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

573,001

Swap

contracts

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

(184,343)

Net

change

in

unrealized

appreciation

(depreciation)

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

2,301,552

Net

realized

and

unrealized

gain

(loss)

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

2,100,769

Net

increase

(decrease)

in

net

assets

resulting

from

operations

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

$6,221,530

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,

#### 2025
(unaudited)

#### Year

#### Ended

#### October

#### 31,

#### 2024
Increase

(decrease)

in

net

assets:

Operations:

Net

investment

income

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

$4,120,761

$7,511,726

Net

realized

gain

(loss)

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

(200,783)

(613,929)

Net

change

in

unrealized

appreciation

(depreciation)

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

2,301,552

11,201,596

Net

increase

(decrease)

in

net

assets

resulting

from

operations

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

6,221,530

18,099,393

Distributions

to

shareholders:

Class

A

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

(2,276,777)

(2,174,749)

Class

B

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

—

(401) Class

C

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

(51,453)

(39,267)

Class

R

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

(36,406)

(32,216)

Class

R5

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

(1,766)

(1,592)

Class

R6

............................................................

(469,395)

(644,452)

Class

Y

.............................................................

(3,949,974)

(2,940,632)

Total

distributions

to

shareholders

..........................................

(6,785,771)

(5,833,309)

Capital

share

transactions:

(Note

2)

Class

A

.............................................................

(2,732,053)

(7,645,784)

Class

B

.............................................................

—

(64,258)

Class

C

.............................................................

(118,189)

266,014

Class

R

.............................................................

(43,684)

(111,688)

Class

R5

............................................................

6,912

(10,894)

Class

R6

............................................................

(4,362,064)

(6,832,480)

Class

Y

.............................................................

6,973,112

58,150,227

Total

capital

share

transactions

............................................

(275,966)

43,751,137

Net

increase

(decrease)

in

net

assets

...................................

(840,207)

56,017,221

Net

assets:

Beginning

of

period

.....................................................

215,664,806

159,647,585

End

of

period

..........................................................

$214,824,599

$215,664,806

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.

Effective

September

5,

2024,

all

Class

B

shares

were

converted

to

Class

A. 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.

Collateral

has

been

pledged

and/or

received

for

open

TBA

trades.

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

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

entered

into

OTC

total

return

swap

contracts

primarily

to

manage

and/or

gain exposure

to

interest

rate

risk

of

an

underlying

instrument

such

as

a

stock,

bond,

index

or

basket

of

securities

or

indices.

A

total

return

swap

is

an

agreement

between

the

Fund

and

a

counterparty

to

exchange

a

return

linked

to

an

underlying

instrument

for

a

floating

or

fixed

rate

payment,

both

based

upon

a

notional

amount.

Over

the

term

of

the

contract,

contractually

required

payments

to

be

paid

or

received

are

accrued

daily

and

recorded

as

unrealized

appreciation or

depreciation

until

the

payments

are

made,

at

which

time

they

are

recognized

as

realized

gain

or

loss. Total

return

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

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

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

7 regarding

other

derivative

information.

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 if

applicable,

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,

2025, 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).

Open

tax

years

are

those

that

remain

subject

to

examination

and

are

based

on

the

statute

of

limitations

in

each

jurisdiction

in

which

the Fund

invests.

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)

e. #### Derivative

#### Financial

#### Instruments
(continued)

Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

2. #### Shares

#### of

#### Beneficial

#### Interest
At

April

30,

2025,

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,

#### 2025

#### Year

#### Ended

#### October

#### 31,

#### 2024

#### Shares

#### Amount

#### Shares

#### Amount

#### Class

#### A

#### Shares:
Shares

sold

a

...................................

797,531

$8,023,268

1,488,918

$14,900,657

Shares

issued

in

reinvestment

of

distributions

..........

215,196

2,136,090

203,069

2,038,429

Shares

redeemed

...............................

(1,286,154)

(12,891,411)

(2,452,627)

(24,584,870)

Net

increase

(decrease)

..........................

(273,427)

$(2,732,053)

(760,640)

$(7,645,784)

#### Class

#### B

#### Shares:

#### \*
Shares

issued

in

reinvestment

of

distributions

..........

—

$—

$401

Shares

redeemed

...............................

—

—

(6,481)

(64,659)

Net

increase

(decrease)

..........................

—

$—

(6,441)

$(64,258)

#### Class

#### C

#### Shares:
Shares

sold

...................................

5,383

$53,955

61,984

$616,059

Shares

issued

in

reinvestment

of

distributions

..........

5,214

51,426

3,891

38,883

Shares

redeemed

a

..............................

(22,615)

(223,570)

(38,962)

(388,928)

Net

increase

(decrease)

..........................

(12,018)

$(118,189)

26,913

$266,014

#### Class

#### R

#### Shares:
Shares

sold

...................................

12,423

$123,636

13,145

$131,601

Shares

issued

in

reinvestment

of

distributions

..........

3,672

36,406

3,211

32,215

Shares

redeemed

...............................

(20,487)

(203,726)

(27,528)

(275,504)

Net

increase

(decrease)

..........................

(4,392)

$(43,684)

(11,172)

$(111,688)

#### Class

#### R5

#### Shares:
Shares

sold

...................................

1,559

$15,459

2,813

$28,263

Shares

issued

in

reinvestment

of

distributions

..........

1,400

1,307

Shares

redeemed

...............................

(990) (9,947)

(4,100)

(40,464)

Net

increase

(decrease)

..........................

709

$6,912

(1,157)

$(10,894)

#### Class

#### R6

#### Shares:
Shares

sold

...................................

213,914

$2,137,136

468,322

$4,681,880

Shares

issued

in

reinvestment

of

distributions

..........

46,233

458,503

63,281

634,149

Shares

redeemed

...............................

(698,294)

(6,957,703)

(1,214,862)

(12,148,509)

Net

increase

(decrease)

..........................

(438,147)

$(4,362,064)

(683,259)

$(6,832,480)

#### Class

#### Y

#### Shares:
Shares

sold

...................................

1,661,018

$16,589,638

7,790,701

$77,861,847

Shares

issued

in

reinvestment

of

distributions

..........

390,199

3,871,181

284,494

2,858,408

Shares

redeemed

...............................

(1,352,768)

(13,487,707)

(2,249,875)

(22,570,028)

Net

increase

(decrease)

..........................

698,449

$6,973,112

5,825,320

$58,150,227

\*

Effective

September

5,

2024,

the

Fund

has

terminated

its

Class

B

shares.

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,

2025,

the

annualized

gross

effective

investment

management

fee

rate

was 0.524%

of

the

Fund's

average daily

net

assets.

Advisers

retained

Putnam

Management

as

subadvisor

for

the

Fund

pursuant

to

a

new

sub-advisory

agreement.

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

..............................

$1,732

CDSC

retained

..............................................................................

$290

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,

2025,

the

Fund

held

investments

in

affiliated

management

investment

companies

as

follows:

h. #### Waiver

#### and

#### Expense

#### Reimbursements
Advisers

has

contractually

agreed,

through

February

28,

2026,

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.

Advisers

has

also

contractually

agreed

to

waive

fees

(and,

to

the

extent

necessary,

bear

other

expenses)

of

the

Fund

through

February

28,

2026,

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.

4. #### Expense

#### Offset

#### Arrangement
The Fund has

entered

into

an

arrangement

with

its

custodian

whereby

credits

realized

as

a

result

of

uninvested

cash

balances

are

used

to

reduce

a

portion

of

the

Fund's

custodian

expenses.

During

the

period

ended

April

30,

2025,

the

custodian

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

.

$—

$3,399,764

$—

$—

$19,134

$3,418,898

136,838

$35,708

Putnam

Short

Term

Investment

Fund,

Class

P,

4.468%

......

25,806,699

33,279,021

(54,207,752)

—

—

4,877,968

4,877,968

313,991

#### Total

#### Affiliated

#### Securities

#### ...
$25,806,699

$36,678,785

$(54,207,752)

$—

$19,134

$8,296,866

$349,699

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,

2024,

the

capital

loss

carryforwards

were

as

follows:

At

April

30,

2025,

the

cost

of

investments

and

net

unrealized

appreciation

(depreciation) for

income

tax

purposes

were

as

follows:

6. #### Investment

#### Transactions
Purchases

and

sales

of

investments

and

ETFs (excluding

short

term

securities) for

the

period

ended

April

30,

2025,

aggregated

$435,354,631 and

$434,067,985,

respectively.

7. #### Other

#### Derivative

#### Information
At

April

30,

2025,

investments

in

derivative

contracts

are

reflected

in

the Statement of

Assets

and

Liabilities

as

follows:

Capital

loss

carryforwards

not

subject

to

expiration:

Short

term

................................................................................

$

15,462,182

Long

term

................................................................................

13,105,443

Total

capital

loss

carryforwards

...............................................................

$28,567,625

Cost

of

investments

..........................................................................

$247,016,924

Unrealized

appreciation

........................................................................

$10,324,672

Unrealized

depreciation

........................................................................

(8,169,769)

Net

unrealized

appreciation

(depreciation)

..........................................................

$2,154,903

#### 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

$

337,965

a

Variation

margin

on

futures

contracts

$

252,282

a

Variation

margin

on

centrally

cleared

swap

contracts

1,385,377

b

Variation

margin

on

centrally

cleared

swap

contracts

1,037,457

b

Unrealized

appreciation

on

OTC

swap

contracts

5,714

Unrealized

depreciation

on

OTC

swap

contracts

—

Unrealized

appreciation

on

forward

premium

swap

option

contracts

523,751

Unrealized

depreciation

on

forward

premium

swap

option

contracts

666,076

Foreign

exchange

contracts

..

Unrealized

appreciation

on

OTC

forward

exchange

contracts

1,714,862

Unrealized

depreciation

on

OTC

forward

exchange

contracts

2,671,295

Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

For

the

period

ended

April

30,

2025,

the

effect

of

derivative

contracts

in

the Statement

of

Operations

was

as

follows:

For

the

period

ended

April

30,

2025

,

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:

#### 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
(continued)

Credit

contracts

............

OTC

swap

contracts

(upfront

payments)

$

1,311

OTC

swap

contracts

(upfront

receipts)

$

3,756

Unrealized

appreciation

on

OTC

swap

contracts

2,756

Unrealized

depreciation

on

OTC

swap

contracts

Total

....................

$3,971,736

$4,631,177

a

This

amount

reflects

the

cumulative

appreciation

(depreciation)

of

futures

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.

b

This

amount

reflects

the

cumulative

appreciation

(depreciation)

of

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.

#### 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

$(326,962)

Futures

contracts

$573,001

Swap

contracts

358,050

Swap

contracts

(162,882)

Forward

premium

swap

option

contracts

304,737

Forward

premium

swap

option

contracts

(146,575)

Foreign

exchange

contracts

.....

Forward

exchange

contracts

656,654

Forward

exchange

contracts

(1,622,255)

Credit

contracts

...............

Swap

contracts

24,335

Swap

contracts

(21,461)

Total

.......................

$1,016,814

$(1,380,172)

#### Putnam

#### Global

#### Income

#### Trust
Futures

contracts

..........................................................................

$

36,805,362

Swap

contracts

............................................................................

196,178,017

Forwards

exchange

contracts

.................................................................

139,102,084

Options

..................................................................................

161,531,566

7. #### Other

#### Derivative

#### Information
(continued)

Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

At

April

30,

2025,

the

Fund's

OTC

derivative

assets

and

liabilities

are

as

follows:

At

April

30,

2025,

OTC

derivative

assets,

which

may

be

offset

against

the

Fund's

OTC

derivative

liabilities

and

collateral

received

from

the

counterparty,

are

as

follows:

#### 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

.............................

$

1,714,862

$

2,671,295

Forward

Premium

Swap

Option

Contracts

...................

523,751

666,076

Swap

Contracts

.......................................

9,781

4,067

Total

.............................................

$2,248,394

$3,341,438

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.

#### 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

#### Net

#### Amount

#### (Not

#### less

#### than

#### zero)

#### Putnam

#### Global

#### Income

#### Trust

#### Counterparty
BNDP

...................

$

169,204

$

(169,204)

$

—

$

—

$

—

BOFA

....................

56,836

(56,836)

—

—

—

BZWS

...................

806

(806) —

—

—

CITI

.....................

228,312

(228,312)

—

—

—

DBAB

...................

20,624

(20,624)

—

—

—

GSCO

...................

86,603

(86,603)

—

—

—

HSBK

...................

249,973

(249,973)

—

—

—

JPHQ

...................

491,783

(491,783)

—

—

—

MCML

...................

11,781

(1,081)

—

—

10,700

MLCO

...................

1,311

(311) —

—

1,000

MSCO

...................

226,467

(226,467)

—

—

—

SSBT

....................

134,614

(104,369)

—

—

30,245

TDOM

...................

82,183

(72,427)

—

—

9,756

UBSW

...................

392,555

(108,082)

(284,473)

—

—

WPAC

...................

95,342

(55,769)

—

—

39,573

Total

...................

$2,248,394

$(1,872,647)

$(284,473)

$—

$91,274

$

a

At

April

30,

2025,

the

Fund

received

U.S

Treasury

Bills,

Bonds

and

Notes

as

collateral

for

derivatives.

b

I

n

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.

7. #### Other

#### Derivative

#### Information
(continued)

Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

At

April

30,

2025,

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

.

8. #### Credit

#### Facility
Effective

January

31,

2025,

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

30,

2026. 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

shall,

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,

#### 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

#### a,b

#### Cash

#### Collateral

#### Pledged

#### Net

#### Amount

#### (Not

#### less

#### than

#### zero)

#### Putnam

#### Global

#### Income

#### Trust

#### Counterparty
BNDP

...................

$

171,962

$

(169,204)

$

—

$

—

$

2,758

BOFA

....................

256,306

(56,836)

(143,452)

—

56,018

BZWS

...................

29,111

(806) —

—

28,305

CITI

.....................

378,714

(228,312)

(111,028)

—

39,374

DBAB

...................

99,694

(20,624)

—

—

79,070

GSCO

...................

104,350

(86,603)

(17,747)

—

—

HSBK

...................

518,989

(249,973)

(269,016)

—

—

JPHQ

...................

883,914

(491,783)

(392,131)

—

—

MCML

...................

1,081

(1,081)

—

—

—

MLCO

...................

(311) —

—

—

MSCO

...................

556,359

(226,467)

(329,892)

—

—

SSBT

....................

104,369

(104,369)

—

—

—

TDOM

...................

72,427

(72,427)

—

—

—

UBSW

...................

108,082

(108,082)

—

—

—

WPAC

...................

55,769

(55,769)

—

—

—

Total

...................

$3,341,438

$(1,872,647)

$(1,263,266)

$—

$205,525

a

See

the

accompanying

Schedule

of

Investments

for

securities

pledged

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.

7. #### Other

#### Derivative

#### Information
(continued)

Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

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

reporting

period,

the

Fund

did

not

use

the

Global

Credit

Facility.

Prior

to

January

31,

2025,

the

Fund

participated,

along

with

other

Putnam

Funds,

in

a

$320

million

syndicated

unsecured

committed

line

of

credit,

provided

by

State

Street

($160

million)

and

JPMorgan

($160

million),

and

a

$235.5

million

unsecured

uncommitted

line

of

credit,

provided

by

State

Street.

Borrowings

may

have

been

made

for

temporary

or

emergency

purposes,

including

the

funding

of

shareholder

redemption

requests

and

trade

settlements.

Interest

was

charged

to

the

Fund

based

on

the

Fund's

borrowings.

A

closing

fee

equal

to

0.04%

of

the

committed

line

of

credit

and

0.04%

of

the

uncommitted

line

of

credit

was

paid

by

the

participating

Funds

and

a

$75,000

fee

was

paid

by

the

participating

Funds

to

State

Street

as

agent

of

the

syndicated

committed

line

of

credit.

In

addition,

a

commitment

fee

of

0.21%

per

annum

on

any

unutilized

portion

of

the

committed

line

of

credit

was

allocated

to

the

participating

Funds

based

on

their

relative

net

assets

and

paid

quarterly.

During

the

reporting

period,

the

Fund

had

no

borrowings

against

these

arrangements.

9. #### 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,

2025,

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:

Management

Investment

Companies

.........

$

3,418,898

$

—

$

—

$

3,418,898

Corporate

Bonds

........................

—

66,550,144

—

66,550,144

Foreign

Government

and

Agency

Securities

....

—

71,250,323

—

71,250,323

Asset-Backed

Securities

...................

—

10,939,229

—

10,939,229

Commercial

Mortgage-Backed

Securities

......

—

11,761,447

—

11,761,447

Mortgage-Backed

Securities

................

—

44,276,334

—

44,276,334

Residential

Mortgage-Backed

Securities

.......

—

20,075,139

—

20,075,139

Agency

Commercial

Mortgage-Backed

Securities

—

13,265,122

—

13,265,122

Short

Term

Investments

...................

4,877,968

2,757,223

—

7,635,191

Total

Investments

in

Securities

...........

$8,296,866

$240,874,961

$—

$249,171,827

Other

Financial

Instruments:

Forward

Exchange

Contracts

...............

$—

$1,714,862

$—

$1,714,862

Forward

Premium

Swap

Option

Contracts

.....

—

523,751

—

523,751

Futures

Contracts

.......................

337,965

—

—

337,965

Swap

Contracts

.........................

—

1,393,847

—

1,393,847

Total

Other

Financial

Instruments

.........

$337,965

$3,632,460

$—

$3,970,425

8. #### Credit

#### Facility
(continued)

Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

10. #### Operating

#### Segments
The

Fund has adopted

the

FASB

Accounting

Standards

Update

(ASU)

2023-07,

*Segment* 

*Reporting* 

*(Topic* 

*280)* 

*-* 

*Improvements* 

*to* 

*Reportable* 

*Segment* 

*Disclosures.*

The

update

is

limited

to

disclosure

requirements

and

does

not

impact

the Fund's

financial

position

or

results

of

operations.

The Fund operates

as

a

single

operating

segment,

which

is

an

investment

portfolio.

The

Fund's Investment

manager

serves

as

the

Chief

Operating

Decision

Maker

(CODM),

evaluating

fund-wide

results

and

performance

under

a

unified

investment

strategy.

The

CODM

uses

these

measures

to

assess

fund

performance

and

allocate

resources

effectively.

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.

11. #### New

#### Accounting

#### Pronouncements
In

December

2023,

the

FASB

issued

ASU

No.

2023-09,

Income

Taxes

(Topic

740)

–

Improvements

to

Income

Tax

Disclosures.

The

amendments

enhance

income

tax

disclosures

by

requiring

greater

disaggregation

in

the

rate

reconciliation

and

income

taxes

paid

by

jurisdiction,

while

removing

certain

disclosure

requirements.

The

ASU

is

effective

for

annual

periods

beginning

after

December

15,

2024,

with

early

adoption

permitted.

Management

is

currently

evaluating

the

impact

and

believes

that

the

adoption

of

the

ASU

will

not

have

a

material

impact

on

the

financial

statements.

12. #### 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.

#### Level

#### 1

#### Level

#### 2

#### Level

#### 3

#### Total

#### Putnam

#### Global

#### Income

#### Trust
(continued)

#### Liabilities:
Other

Financial

Instruments:

TBA

Sale

Commitments

...................

$

—

$

9,788,066

$

—

$

9,788,066

Forward

Exchange

Contracts

...............

—

2,671,295

—

2,671,295

Forward

Premium

Swap

Option

Contracts

......

—

666,076

—

666,076

Futures

Contracts

........................

252,282

—

—

252,282

Swap

Contracts

.........................

—

1,037,768

—

1,037,768

Total

Other

Financial

Instruments

.........

$252,282

$14,163,205

$—

$14,415,487

9. #### Fair

#### Value

#### Measurements
(continued)

Putnam

Global

Income

Trust

Notes

to

Financial

Statements

(unaudited)

franklintempleton.com

Semiannual

Report

#### Abbreviations

#### Counterparty

#### BNDP
BNP

Paribas

SA

#### 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

#### MCML
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

#### 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

#### CMBX.NA.

#### Series

#### number
CMBX

North

America

Index

#### Selected

#### Portfolio

#### BBR
Bank

of

England

Base

Rate

#### CLO
Collateralized

Loan

Obligation

#### CMT
Constant

Monthly

U.S.

Treasury

Securities

Yield

Curve

Rate

Index

#### ETF
Exchange-Traded

Fund

#### FHLMC
Federal

Home

Loan

Mortgage

Corp.

#### FNMA
Federal

National

Mortgage

Association

#### FRN
Floating

Rate

Note

#### GNMA
Government

National

Mortgage

Association

#### 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

#### 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

.................

2.77%

1-day

SARON

.......................

0.20%

1-day

SOFR

........................

4.41%

1-day

SONIA

........................

4.46%

1-week

CNY-Fixing

Repo

Rate

..........

1.83%

3-month

AUD

BBR

...................

3.87%

3-month

CD_KSDA

...................

2.65%

3-month

STIBOR

....................

2.32%

6-month

AUD

BBR

...................

3.89%

6-month

EURIBOR

...................

2.13%

6-month

NIBOR

.....................

4.64%

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

06/25©

2025

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 Registrant's principal executive officer and principal financial officer have concluded that the Registrant's disclosure
 controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act"))
 are effective as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based
 on their evaluation of the disclosure controls and procedures required by Rule 30a-3(b) under the 1940 Act and 15d-15(b) under the Securities
 Exchange Act of 1934.

&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-efp16094_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-efp16094_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: June 26, 2025

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: June 26, 2025

---

| | |
|:---|:---|
| By: | /s/ Jeffrey White |

---

Jeffrey White

Principal Financial Officer

Date: June 26, 2025

## 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 26, 2025 | /s/ Jonathan S. Horwitz |
|  |  | Jonathan S. Horwitz |
|  |  | 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 26, 2025 | /s/ Jeffrey White |
|  |  | Jeffrey White |
|  |  | 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, 2025** (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 26, 2025 Date: June 26, 2025

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.