Top 5 Putnam Mutual Funds - Best of Fund Family
17 Janeiro 2012 - 7:51AM
Zacks
Putnam Investments has over seventy years of investment
experience and offers investors 82 mutual funds across a range of
asset classes and investment styles. With over $117 billion in
assets under management, it serves 110 institutional clients
including the pension funds of several states and many large
corporations. Putnam considers its seasoned portfolio managers to
be its biggest assets and relies primarily on original, fundamental
research on a global scale
Below we will share with you 5 top rated Putnam funds. Each has
earned a Zacks #1 Rank (Strong Buy) as we expect the fund to
outperform its peers in the future. To view the Zacks Rank and past
performance of all Putnam funds, then click here.
Putnam International Equity A (POVSX) seeks capital
growth. The fund invests primarily in common stocks of large and
mid-cap foreign companies with good prospects. It focuses on
investing in mature economies but may also invest in emerging
markets. It may also utilize derivatives to manage risk or enhance
returns. This fund has a three year annualized return of 8.3%.
Simon Davis is the fund manager and he has managed this Putnam
mutual fund since 2011.
Putnam Dynamic Asset Allocation: Conservative A (PACAX)
invests 15% to 45% of its assets in equity securities and 55% to
85% in fixed-income securities. The fund rebalances its portfolio
whenever required in order to improve its performance in keeping
with its investment objectives. The fund returned 2.77% over the
last one year period.
As of September 2011, this Putnam mutual fund held 2161 issues,
with 20.50% of its total assets invested in Putnam Money Market
Liquidity.
Putnam CA Tax Exempt Income A (PCTEX) seeks current
income which is not subject to federal income tax and California
personal income tax while aiming to preserve capital invested. At
least 90% of the income distributed by the fund is exempt from
these taxes. This fund has a five year annualized return of
3.26%.
The Putnam mutual fund has a minimum initial investment of $500
and an expense ratio of 0.75% compared to a category average of
0.94%.
Putnam Global Natural Resources A (EBERX) invests heavily
in domestic and foreign common stocks issued by energy and natural
resources companies. The fund focuses on acquiring value stocks
issued by mid-cap and large-cap firms, but may invest in smaller
companies. This fund has a ten year annualized return of 9.94%.
The Fund Manager is Steven Curbow and he has managed this Putnam
mutual fund since 2008.
Putnam Tax-Free High Yield A (PTHAX) seeks high current
income free from federal income tax. The majority of the fund’s
assets are invested in bonds interest from which is exempt from
federal income tax. It purchases securities rated investment grade
as well as those of lower quality. The fund returned 6.33% in the
last one year period.
The Putnam mutual fund has a minimum initial investment of $500
and an expense ratio of 0.80% compared to a category average of
1.00%.
To view the Zacks Rank and past performance of all Putnam mutual
funds, then click here.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find
funds that not only outpaced the market in the past but are also
expected to outperform going forward. Learn more about the Zacks
Mutual Fund Rank at http://www.zacks.com/funds.
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