Putnam Equity Spectrum Fund Class A (PYSAX)

36.94
Net Asset Value
-0.24%
1 Day
-2.33%
Year-to-Date
Overall Morningstar Rating
Mid-cap blend
Style or Category
5.75
Sales Expenses
0.48%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund invests in equity securities of companies of any size- including both growth and value stocks- that the managers believe have favorable investment potential. The adviser expects to invest in leveraged companies- which employ significant leverage in their capital structure through borrowing from banks or other lenders or through issuing fixed-income- convertible or preferred equity securities- and their fixed income securities are often rated below-investment-grade (sometimes referred to as "junk bonds"). The fund is non-diversified.

Performance

1 month-0.05% 3 years-2.27%
3 months-5.18% 5 years+6.06%
1 year-7.30% Since inception+13.58%
Data through --

Peer Comparisonvs. Mid-cap blend

 PYSAXCategory
Performance 5-yr return+6.06%+10.43%
Expense ratio0.48%1.09%
Risk 5 year sharpe ratio0.430.92
Net assets$818.3M$2.2B
Average market cap$5.2B$8.1B
Average P/E26.817.5
Portfolio turnover11%11%

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Fund Management and Purchase Info

Fund familyPutnam
Fund manager & tenureDavid Glancy / 8 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock86.01%
Cash6.29%
International stock3.62%
Fixed income2.15%
Other1.93%
Top 5 Sectors
Portfolio weighting
Telecommunication 15.53%
Energy 14.39%
Media 13.87%
Financial service 13.61%
Business service 12.90%
Top 10 Holdings
Portfolio weighting
JAZZ Jazz Pharmaceuticals PLC20.43%
SATS EchoStar Corp19.16%
DISH DISH Network17.76%
STAA STAAR Surgical Co8.08%
ASPS Altisource Portfolio Solutions SA5.24%
AAL American Airlines3.27%
GRA W. R. Grace & Co3.15%
AAMC Altisource Asset Management Corp2.15%
-- 2.15%
PXD Pioneer Natural Resources Co2.15%