Putnam Equity Spectrum Fund Class A (PYSAX)

42.69
Net Asset Value
+1.43%
1 Day
+1.19%
Year-to-Date
Overall Morningstar Rating
Mid-cap value
Style or Category
5.75
Sales Expenses
1.46%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks capital appreciation. The fund invests a majority of its assets in equity securities of leveraged U.S. companies of any size, including both growth and value stocks, that the managers believe have favorable investment potential. These companies 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"). It is non-diversified.

Performance

1 month-2.68% 3 years+21.16%
3 months-1.80% 5 years--
1 year+37.89% Since inception+28.32%
Data through --

Peer Comparisonvs. Mid-cap value

 PYSAXCategory
Performance 5-yr return--+23.92%
Expense ratio1.46%1.31%
Risk 5 year sharpe ratio--1.34
Net assets$3.9B$1.5B
Average market cap$13.1B$9.2B
Average P/E22.017.2
Portfolio turnover54%54%

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Fund Management and Purchase Info

Fund familyPutnam
Fund manager & tenureDavid Glancy / 4 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock68.59%
Cash17.91%
International stock11.28%
Fixed income2.22%
Other0.00%
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
DISH DISH Network Corp12.11%
JAZZ Jazz Pharmaceuticals PLC6.56%
SATS EchoStar Corp5.12%
-- Siemens AG3.70%
CBST Cubist Pharmaceuticals, Inc.3.43%
UNH UnitedHealth Group Inc2.54%
AAPL Apple Inc2.31%
GPOR Gulfport Energy Corporation2.31%
STAA Staar Surgical2.23%
-- Japan Airlines Co Ltd2.12%

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