Putnam Investments has over seventy five years of investment
experience and offers investors 70 mutual funds across a range of
asset classes and investment styles. With over $133 billion in
assets under management, it serves several institutional clients
including the pension funds of several states and many large
corporations. Putnam considers its seasoned team of investment
professionals to be its biggest asset 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, investors
can click here to see the complete list of
funds.
Putnam Diversified Income A
(PDINX) seeks high current income. The fund invests 15% to 65% of
its assets in domestic securities. It may also purchase
securities generating high yield which may include debt
instruments rated below investment grade. A minimum of 15% of its
assets are invested in U.S. government instruments. The fund has
a one year annualized return of 12.72%.
D. William Kohli is the fund manager and has managed this
Putnam mutual fund since 1994.
Putnam Global Equity A
(PEQUX) invests the majority of its assets in equity securities
of companies across the world. The fund focuses on acquiring
common stocks of large and mid-cap companies. The fund primarily
invests in mature economies but may also invest in firms from
emerging markets. It may also utilize derivatives to manage risk
or enhance returns. This fund has a one year annualized return of
18.47%.
The Putnam mutual fund has an expense ratio of 1.35% compared
to a category average of 1.36%.
Putnam High Yield Advantage A
(PHYIX) seeks high current income. The fund invests primarily in
bonds issued by domestic companies rated below investment grade.
The maturity period of these securities must be three years or
longer. It may also utilize derivatives to manage risk or enhance
returns. This fund has a one year annualized return of
12.96%.
As of December 2012, this Putnam mutual fund held 713 issues,
with 0.78% of its total assets invested in Intelsat Bermuda
11.5%.
Putnam International Equity A
(POVSX) invests primarily in common stocks of large and mid-cap
foreign companies with good investment potential. The fund may
also invest in derivatives. It predominantly invests in mature
markets but may also invest in emerging economies. The fund has a
one year annualized return of 17.29%
Simon Davis is the fund manager and has managed this Putnam
mutual fund since 2011.
Putnam International Capital Opportunities A
(PNVAX) seeks capital growth over the long term. The fund invests
primarily in common stocks of small and mid-cap foreign companies
with good investment potential. It focuses on investing in mature
markets, but may also invest in emerging economies. This fund has
a one year annualized return of 16.12%.
The Putnam mutual fund has an expense ratio of 1.41% compared
to a category average of 1.48%.
To view the Zacks Rank and past performance of all Putnam
mutual funds, investors can
click here to see the complete list of funds.
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.
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