Dow Up1.25% Nasdaq Up1.16%

Putnam Global Financial M (PGFMX)

9.51 Up 0.22(2.37%) Jun 29

Profile as of May 30, 2016Get Profile for:
Putnam Global Financial M
Putnam Funds TrustOne Post Office SquareBoston MA 02109
Phone: 800-225-1581
Fund Overview 
Fund Family:Putnam
Net Assets:14.32M
Year-to-Date Return:-3.92%
Morningstar Rating:1 stars
Fund Inception Date:Dec 18, 2008
Morningstar Style Box 
[View Category Definition]
View Top Financial Funds
About the Morningstar Style Box
Management Information 
Jacquelyne Cavanaugh
Lead Manager since Feb 1, 2012
Ms. Cavanaugh is an Analyst in Global Equity Research group, focusing on the global financials sector. She is responsible for conducting fundamental analysis and valuation of companies in the asset management exchange and insurance industries, and making buy/sell recommendations. In addition, she is a portfolio manager of Putnam Global Financials Fund, Putnam Global Sector Fund, and Putnam Research Fund. Ms. Cavanaugh joined Putnam in 2011 and has been in the investment industry since 1995. Prior to joining Putnam, Ms. Cavanaugh was a Leader of the Global Financials Team and a Senior Equity Analyst at Janus Capital Group from 2005 to 2011; Vice President of Goldman Sachs Asset Management at Goldman Sachs & Co. from 2003 to 2005; and a Financial Analyst, Investment Banking Division, Media/Entertainment Group, at Goldman Sachs & Co. from 1995 to 1998. In addition, she was an Associate in the Investment Banking Division, Media/Entertainment Group, at Donaldson, Lufkin & Jenrette from 2000 to 2002. Ms. Cavanaugh earned an M.B.A. from Harvard Business School and a B.A. in Economics, Business Management, and Political Science from Brown University.
Investment Information 
Min Initial Investment:0
Min Initial Investment, IRA:N/A
Min Initial Investment, AIP:N/A
Min Subsequent Investment:N/A
Min Subsequent Investment, IRA:N/A
Min Subsequent Investment, AIP:N/A
PGFMX can be purchased from 28 brokerages.

Fund Summary 
The investment seeks capital appreciation. The fund invests mainly in common stocks (growth or value stocks or both) of large and midsize companies worldwide that the managers believe have favorable investment potential. Under normal circumstances, it invests at least 80% of its net assets in securities of companies in the financial services industries. It is non-diversified.

Fund Operations 
Last Dividend : 0.00
Last Cap Gain (Dec 22, 2015) : 0.00
Annual Holdings Turnover (Jun 27, 2016) : 39.00%
Average for Category:48.51%
Fees & Expenses 
ExpensePGFMXCategory Avg
Annual Report Expense Ratio (net):1.78%1.49%
Prospectus Net Expense Ratio:1.78%N/A
Prospectus Gross Expense Ratio:2.78%N/A
Max 12b1 Fee:0.75%N/A
Max Front End Sales Load:3.50%5.09%
Max Deferred Sales Load: N/A2.05%
3 Yr Expense Projection*:1,091894
5 Yr Expense Projection*:1,6821,335
10 Yr Expense Projection*:3,2802,450
* Per $10,000 invested