Credit: Shutterstock photoPutnam Global Technology Y FundPGTYX seeks growth of capital over the long run. PGTYX invests a major portion of its assets in securities of companies involved in operations related to the technology domain. PGTYX uses a blend strategy to invest in common stocks of companies. PGTYX primarily invests in securities of large- and mid-cap companies.
This Sector - Tech product has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 3, 5 year benchmarks; 3 year 21.7% and 5 year 18.9%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here .
PGTYX's performance, as of the last filing, when compared to funds in its category was in the top 4% over the past 1 year, and in the top 6% over the past 3 years and in the top 29% over the past 5 years.
The Putnam Global Technology Y fund, as of the last filing, allocates their fund in top two major groups; Large Growth and Foreign Stock. Further, as of the last filing, Alphabet Inc, Apple Inc and Facebook Inc were the top holdings for PGTYX.
This Zacks Rank #1 (Strong Buy) was incepted in December 2008 and is managed by Putnam Funds . PGTYX carries an expense ratio of 1.05% and requires a minimal initial investment of $0.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
