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Putnam International Capital Opportunities Fund Class M (PIVMX)

37.74 +0.14 (+0.37%)
At close: November 25 at 8:00 PM EST

Fund Summary

The investment seeks long-term capital appreciation. The fund invests mainly in common stocks (growth or value stocks or both) of small and midsize companies outside the United States that the advisor believes have favorable investment potential. It invests mainly in developed countries, but may invest in emerging markets. The fund may also use derivatives, such as futures, options, certain foreign currency transactions, warrants and swap contracts, for both hedging and non-hedging purposes.

Putnam International Capital Opportunities Fund Class M

Putnam Investment Funds
One Post Office Square Mail Stop A 14
800-225-1581

Fund Overview

Category Foreign Small/Mid Blend
Fund Family Putnam
Net Assets 365.17M
YTD Return 17.12%
Yield 0.00%
Morningstar Rating
Inception Date Oct 30, 1996

Fund Operations

Last Dividend 0.00
Last Cap Gain 0.00
Holdings Turnover 42.00%
Average for Category --

Fees & Expenses

Expense PIVMX Category Average
Annual Report Expense Ratio (net) 1.87% 1.22%
Prospectus Net Expense Ratio 1.87% --
Prospectus Gross Expense Ratio 1.87% --
Max 12b1 Fee 0.75% --
Max Front End Sales Load 3.50% 5.46%
Max Deferred Sales Load -- 1.31%
3 Yr Expense Projection 917 --
5 Yr Expense Projection 1,326 --
10 Yr Expense Projection 2,464 --

Management Information

Spencer HW Morgan, Lead Manager since March 31, 2017
Spencer Morgan, holds a Bachelor of Business Administration degree in Finance with a minor in Sports Management from Gonzaga University. Spencer is a member of the Efficient Market Advisors (EMA) Investment Policy Committee. His role includes research, portfolio construction, and performance reporting. While an undergraduate at Gonzaga, Spencer was a four year member of the Pep Band and drumline and could be seen regularly on national television during Gonzaga’s basketball games. Spencer was also a student leader having founded the Kappa Alpha chapter of Theta Chi Fraternity where he was a member of the executive board (treasurer).

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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