Category | Fund Name | Summary | Net Assets ($ M)* | YTD (%) |
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Equity-Income | George Putnam Balanced Fund | 1570 | 0 | |
The fund seeks total return including current income by investing in U.S. stocks. The fund invests in common stocks and bonds and generates capital gains and current income balancing total return with market volatility. The investment team considers investing in established companies with above-average return on capital and financial strength. The fund also invests investment grade bonds with maturity of 3-years or longer issued by high quality companies. The high-conviction stocks drive relative returns and high-quality bonds help in managing portfolio volatility. |
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Mixed-Regions | Putnam Emerging Markets Equity Fund | 357.78 | -0.2 | |
The fund seeks to appreciate capital by investing in companies in emerging markets around the world. The fund believes that the rising earnings and wealth in developing nations of Asia, Central Europe and Latin America provides attractive long-term investment opportunities. In addition, the increased investment infrastructure development in the region is expected to drive growth of employment and business. The investment team reviews local, regional and global trends and with the help of fundamental analysis and stock research focuses on a narrow list of investment candidates. The fund is geographically diversified and China, Taiwan, South Korea, and India account for about 80% of total investments. |
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Equity-Income | Putnam Equity Income Fund | 18000 | 0 | |
The fund seeks total return including current income or dividend by investing in large- and mid-sized U.S. companies. The fund invests in large-size companies that are estimated to trade cheaper than the market or peers for temporary reasons or out of favor with investors or offering simply a better relative value. The value-analysis focused investment process is designed to identify companies that are financially strong but suffering from the lack of investor interest or are undergoing financial, management, or product portfolio change that may have interrupted historic growth. The stocks may be out of favor because of the industry it participates in or are simply lagging compared to its peers because of investor apathy or lack of understanding of the business model. The fund prefers to invest in companies where there may be a catalyst for positive change. The fund has the flexibility to invest in the benchmark companies but generally invests in large-size companies above the market capitalization of $20 billion. The fund also balances risks of cyclicality and volatility with strict sell discipline and position size control. |
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Industrial Goods-Services-NA | Putnam Focused Equity Fund | 569.54 | 4.3 | |
The fund seeks to appreciate capital by investing in large- and mid-size U.S. companies. The investment process focuses on preserving capital especially during market drawdowns and focuses on selecting companies that are established and generate above-average return on capital with multiple catalysts to drive returns. The fund invests across all market capitalizations but about 50% of its assets are in large- or mega-size companies and additional 40% of its assets are in small- and mid-size companies. |
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Multi-Cap-Core | Putnam Global Equity Fund | 729.37 | 4 | |
The fund seeks capital appreciation by investing in large- and mid-size companies around the world including the United States. The fund pursues a flexible investment strategy and invests in companies that may be trading cheaper than the broader market or peers and companies that are growing at a faster rate. The investment process is driven by fundamental analysis and quantitative tools guide the research team in stock analysis and looks for multiple sources of return. The team also looks for companies that offer attractive relative values based on the long-term growth. The fund practices strong sell discipline and control risk with position sizes and diversification across sectors, industries and regions. |
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Health-Biotechnology-NA | Putnam Global Health Care Fund | 1600 | 5.2 | |
The fund seeks capital appreciation by investing in companies engaged in research, development, distribution and marketing of healthcare products and services. The investment team looks for innovative solutions providers or companies that can sell in the global market and generate positive returns regardless of economic conditions. The fund prefers to invest in companies that are either first-in-class or best-in-class solution providers and follows a bottom-up stock selection process. The fund invests across all market capitalizations and about 90% of total assets are invested in above $3 billion. The fund is diversified across all regions but the majority of its investments are in developed markets with more than 70% in the United States and the rest in Switzerland, Japan, U.K., France, Denmark and Germany. |
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Science-Technology-NA | Putnam Global Technology Fund | 603.66 | 0.2 | |
The fund seeks capital appreciation by investing in companies engaged in research, development, distribution and marketing of technology products and services. The investment team looks for innovative solutions providers or companies that can sell in the global market and generate positive returns regardless of economic conditions. The fund prefers to invest in companies that can benefit from changes, innovations and disruptions. The fund invests across all market capitalizations and about 80% of total assets are invested in above $3 billion. The fund is diversified across all regions but the majority of its investments are in developed markets with more than 65% in the United States and about 30% in China, Japan, Taiwan, Thailand, and South Korea. |
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Large-Cap-Growth | Putnam Growth Opportunities Fund | 6590 | 1.3 | |
The fund seeks capital appreciation through investing in large-size U.S. companies. The investment process combines top-down investment themes review with the bottom-up stock selection based on fundamental research. The investment process starts with a list of companies in the benchmark and the investable universe of stocks is narrowed using size, quality, growth, and durability of earnings and cash flows. The research team with the help of fundamental analysis and qualitative research identifies companies with above-average earnings growth, high return on capital, market leadership and financial strength. |
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Mid-Cap-Core | Putnam International Capital Opportunities Fund | 296.96 | -0.2 | |
The fund seeks capital appreciation by investing in small- and mid-size companies in developed non-U.S. markets. The research process is driven by fundamental analysis of one stock at a time. The process is designed to focus on companies with established and sustainable business models, attractive earnings growth, and depressed stock prices. The stock may be out of favor with investors for temporary reasons due to the cyclical nature of the industry or company undergoing transformation. The investment team attempts to build a portfolio that is differentiated from its benchmark index with a long-term investment horizon. The fund is geographically diversified and investments in Japan, U.K., France, and Canada account for 60% of total assets. |
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Multi-Cap-Core | Putnam International Equity Fund | 670.25 | 5.1 | |
The fund seeks capital appreciation by investing in large- and mid-size companies in developed non-U.S. markets. The fund pursues a flexible investment strategy and invests in companies that may be trading cheaper than the broader market or peers and companies that are growing at faster rates. The investment process is driven by fundamental analysis and quantitative tools guide the research team in stock analysis and looks for multiple sources of return. The team also looks for companies that offer attractive relative values based on the long-term growth outlook. The fund is diversified geographically and investments in Japan, U.K., Germany, Switzerland and France account for 60% of total assets. The fund practices strong sell discipline and control risk with position sizes and diversification across sectors, industries and regions. |
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Multi-Cap-Growth | Putnam International Growth Fund | 389.29 | 0 | |
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Large-Cap-Value | Putnam International Value Fund | 247.52 | 4.5 | |
The fund seeks capital growth by investing in companies in international markets outside the United States. The fund primarily invests in developed regions but may consider investing in emerging markets. The fund invests in large-size companies that are estimated to trade cheaper than the market or peers for temporary reasons or out of favor with investors or offering simply a better relative value. The value-analysis focused investment process is designed to identify companies that are financially strong but suffering from the lack of investor interest or are undergoing financial, management, or product portfolio change that may have interrupted historic growth. The stocks may be out of favor because of the industry it participates in or are simply lagging compared to its peers because of investor apathy or lack of understanding of the business model. The fund has the flexibility to invest in the benchmark companies but generally invests in large-size companies above the market capitalization of $20 billion. |
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Multi-Cap-Core | Putnam Multi-Cap Core Fund | 2940 | 0 | |
The fund seeks capital appreciation by investing in U.S. companies across all market capitalizations. The fund pursues a flexible investment strategy and invests in companies that may be trading cheaper than the broader market or peers and companies that are growing at faster rates. The team divides investment opportunities in three buckets, established companies with proven business models, early innovators with potential to disrupt, and special situations that could unlock unrealized values. The investment process is driven by fundamental analysis and quantitative tools guide the research team in stock analysis and looks for multiple sources of return. The team also looks for companies that offer attractive relative values based on the long-term growth outlook. The fund practices strong sell discipline and control risk with position sizes and diversification across sectors, industries and regions. |
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Alternatives | Putnam PanAgora Managed Futures Strategy | 9.33 | 0 | |
The fund seeks to generate positive return in diverse market environments over time. The investment strategy focuses on identifying price trends in 60+ liquid markets including global equity, fixed-income, currency and commodity markets. The fund attempts to generate absolute return with low correlation to traditional asset classes using momentum-based algorithm to identify trends. The fund many take long and short positions and pair trade and avoid unintended risk correlations. |
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Alternatives | Putnam PanAgora Market Neutral Fund | 8.72 | 0 | |
The fund seeks to generate positive returns regardless of the market environment. The fund invests in a diversified set of long and short strategies in global equity markets using quantitative models and fundamental and technical data. The fund determines disconnect between the stock price and company’s estimated future value which may or may not be fully realized in the market. The fund invests in several pair trading strategies and looks for inefficiencies in different market segments, at different times and for different reasons that have low correlation to one another. The fund seeks to create more stable returns with the help of a diversified set of strategies that are focused on short-term, intermediate-term and long-term using a systematic approach that may include event-driven arbitrage, merger arbitrage, and fundamental opportunities. |
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Large-Cap-Core | Putnam Research Fund | 399.73 | 2.6 | |
The fund seeks capital appreciation by investing in U.S. companies of all sizes. The investment team considers best ideas with the highest conviction from a team of sector experts across the company. The investment process is focused on stock selection based on the sector research conducted by experienced sector analysts. The fund focuses on one company at a time and in constructing a differentiated portfolio from the benchmark with less emphasis on style factors. The multi-cap fund invests across all sizes but generally has 50% in mega-cap, 30% in large-cap and 10% in mid-cap companies. |
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Small-Cap-Growth | Putnam Small Cap Growth Fund | 845.28 | 0.2 | |
The fund seeks capital growth by investing in small-size companies in the U.S. The fund invests in small-size companies that are growing at attractive rates and in the long-term are likely to be become or remain as leaders in their markets. The growth-analysis focused investment process is designed to identify companies with portfolio of innovative products or services and attractive growth rates and free cash flows. The fund has the flexibility to invest in companies in the benchmark but generally invests in companies between the market capitalizations of $1 billion and $5 billion. |
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Small-Cap-Value | Putnam Small Cap Value Fund | 262.21 | 0 | |
The fund seeks capital growth by investing in small-size companies in the U.S. The fund invests in small-size companies that are trading cheaper than the market or peers for temporary reasons and are estimated to have long-term growth profile. The value-analysis focused investment process is designed to identify companies that are financially strong but suffering from the lack of investor interest or are undergoing financial, management, or product portfolio change that may have interrupted historic growth. The stocks may be out of favor because of the industry it participates in. The fund has the flexibility to invest in the benchmark companies but generally invests in companies between the market capitalizations of $500 million and $3 billion. |
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Multi-Cap-Growth | Putnam Sustainable Future Fund | 346.47 | 0 | |
The fund seeks long-term capital appreciation by investing in companies of any size that are having a positive impact on the environment, social progress, and sustainable economic growth. The solutions and products of these impact companies may include improving water quality, reducing carbon footprint, promoting and adopting fair labor practices and shared values with stakeholders. The investment process reviews financial strength, earnings growth, market leadership and long-term growth outlooks of potential investments. The fund may invest in non-U.S. companies. |
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Multi-Cap-Growth | Putnam Sustainable Leaders Fund | 4890 | 0 | |
The fund seeks long-term capital appreciation by investing in companies that are believed to exhibit commitment to sustainable business practices. The investment team believes that companies with leadership in sustainable business practices also often exhibit higher profitability and durable financial returns with lower risk profiles. The investment process places emphasis on companies with demonstrated commitment to environmental, social and corporate governance policies. The fund has the flexibility to invest in companies of any size but generally invests in large- and mega-size companies. The fund may invest in non-U.S. companies. While selecting companies, the team also considers growth and quality of earnings, competitive landscape, financial strength, growth potential and market valuation. |
* Net Assets include for all classes