Putnam Absolute Return 700 B
One Post One Post Office Square Boston MA 02109
Map
Phone: 800-225-1581
| Category: | World Allocation | | Fund Family: | Putnam | | Net Assets: | 5.91M | | Year-to-Date Return: | 10.40% | | Yield: | % | | Morningstar Rating: | N/A | | Fund Inception Date: | 24-Dec-08 |
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James A. Fetch
Lead Manager since
24-Dec-08 | | | Fetch is a senior vice president and investment strategist in the Global Asset Allocation Group. He is responsible for researching and implementing top-down investment views across a wide spectrum of asset classes and geographic regions. Fetch joined Putnam in 1994 as a Portfolio Accountant and joined the Global Asset Allocation team in 1996 as an Investment Associate. Fetch has 12 years of investment industry experience. |
| Min Initial Investment: | $500 | | Min Initial Investment, IRA: | NaN | | Min Initial Investment, AIP: | $0 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | $0 |
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| The fund seeks to earn a positive total return that exceeds the rate of inflation by a targeted amount over a reasonable period of time regardless of market conditions. The fund combines two separate investment strategies. The beta strategy consists of a globally diversified asset allocation strategy. The alpha strategy involves the potential use of various ?overlay? strategies. These consist of diverse active trading strategies designed to provide additional total return through the exploitation of market inefficiencies and other conditions. |
| Last Dividend
| YFT_NOT_APPLICABLE_ABBREVIATION | | Last Cap Gain
| YFT_NOT_APPLICABLE_ABBREVIATION | | Annual Holdings Turnover
| YFT_NOT_APPLICABLE_ABBREVIATION | | Average for Category:
| 65.49% |
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| Expense | PDMBX | Category
Avg | | Total Expense Ratio: | 2.40%
| 1.17% | | Max 12b1 Fee: | 1.00%
| N/A | | Max Front End Sales Load: | %
| 4.95% | | Max Deferred Sales Load: | 5.00%
| 2.27% | | 3 Yr Expense Projection*: |
$ 1,078 | $718 | | 5 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $1,129 | | 10 Yr Expense Projection*: |
$ YFT_NOT_APPLICABLE_ABBREVIATION | $2,251 |
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2.03% Nasdaq 
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