Top 5 Zacks #1 Ranked Putnam Funds - Best of Fund Family
June 12 2012 - 1:19PM
Zacks
With over seventy five years of investment experience, Putnam
Investments offers investors 82 mutual funds across a range of
asset classes and investment styles. The company has over $118
billion in assets under management and serves 110 institutional
clients including the pension funds of several states and many
large corporations. Putnam believes that its team of seasoned
portfolio managers is one of its greatest 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, investors can click here to see
the complete list of funds.
Putnam Investors A (PINVX) seeks capital appreciation
over the long term and any growth in income flow as a result of
this appreciation. The fund primarily invests in common stocks of
domestic companies which possess investment potential. It may
purchase either growth or value stocks or both. The fund has a
three year annualized return of 19.48%
Gerard P. Sullivan is the fund manager and has managed this
Putnam mutual fund since 2008.
Putnam International Value A (PNGAX) invests primarily in
common stocks of foreign companies. The fund focuses on acquiring
stocks which are attractively priced relative to their intrinsic
value. It invests in companies regardless of their size and may
purchase securities issued from both mature and emerging economies.
This fund has a three year annualized return of 12.26%.
The Putnam mutual fund has a minimum initial investment of $500
and an expense ratio of 1.37% compared to a category average of
1.37%.
Putnam Global Natural Resources A (EBERX) seeks capital
growth. The fund 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 three
year annualized return of 15.68%.
As of March 2012, this Putnam mutual fund held 133 issues, with
10.32% of its total assets invested in Exxon Mobil Corporation.
Putnam Multi-Cap Growth A (PNOPX) invests primarily in
growth oriented domestic companies whose earnings are projected to
increase in the future. The fund focuses on acquiring common stocks
and invests in companies regardless of their size. The fund has a
three year annualized return of 19.68%
Robert Brookby is the fund manager and has managed this Putnam
mutual fund since 2010.
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 has a three year
annualized return of 13.5%
The Putnam mutual fund has a minimum initial investment of $500
and an expense ratio of 1.22% compared to a category average of
1.27%.
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 at http://www.zacks.com/funds.
View All Zacks #1 Ranked Mutual Funds
(EBERX): ETF Research Reports
(PINVX): ETF Research Reports
(PNGAX): ETF Research Reports
(PNOPX): ETF Research Reports
(PTHAX): ETF Research Reports
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