Putnam International Equity A ( POVSX ) a Zacks Ranked #2 (Buy) was incepted in February 1991 and is managed by Putnam Management. POVSX seeks capital appreciation. POVSX invests mainly in common stocks of companies outside United States that the fund believes to have favorable investment potential. For example, POVSX may purchase stocks of companies with stock prices that reflect a value lower than that which fund place on the company. POVSX invests a large share of its net assets in equity investments. POVSX invests mainly in midsize and large companies, although it can invest in companies of any size.
This Non-US Equity fund, as of the last filing, allocates their fund in two major groups; Foreign Stock and Emerging Market. Further, as of the last filing, Toyota Motor Corporation, Novartis AG and Sumitomo Mitsui Financial Group, Inc were the top holdings for POVSX.
Putnam International Equity A, managed by Putnam Funds , carries an expense ratio of 1.26. Moreover, POVSX requires a minimal initial investment of $0.
POVSX has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 3, 5 year benchmarks; 3 year 10.09% and 5 year 8.49%. To see how this fund performed compared in its category, please click here .
POVSX's performance, as of the last filing, when compared to funds in its category was in the top 27% in 1 year, top 14% over the past 3 years, and in the 18% over the past 5 years.
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. Pick the best mutual funds with the Zacks Rank.