Jo Anne Ferullo, CFA

Ms. Ferullo is a Portfolio Manager within Franklin Templeton Fixed Income focusing on Stable Value strategies. She co-leads and is responsible for the oversight, development, and management of Stable Value strategies, including responsibilities for top-down asset allocation decisions along with book value contract negotiations/relationships. In addition, she is also responsible for the communication of policy, strategy, and tactics to Franklin Templeton's fixed income clients. Ms. Ferullo joined Putnam in 2010 and has been in the investment industry since 1989.

Previously at Putnam, Ms. Ferullo served as a Senior Investment Director, Fixed Income, overseeing the product development efforts for the firm's fixed income strategies, including Putnam Ultra Short Duration Income Fund, Putnam's U.S. High Yield and Tax-Exempt products and strategies, and numerous structured credit and multi-sector strategies.

Prior to joining Putnam, Ms. Ferullo was a Vice President, de facto Chief Operating Officer, and a Commercial Real Estate Loan Workout Officer at State Street Bank and Trust from 2009 to 2010 and a Vice President, Fixed Income Portfolio Manager, at State Street Global Advisors from 1998 to 2009. Earlier, she served at Fidelity Investments as a Fixed Income Assistant Trader from 1996 to 1998 and an Accounting Manager and Mutual Fund Accountant II from 1989 to 1996.

Ms. Ferullo earned an M.B.A. from Boston University and a B.A. from Boston College.