Putnam Equity Spectrum M (PYSMX)
* As of 31-Jul-15
Quotes delayed, except where indicated otherwise. Currency in USD.
|Morningstar Overall Rating:|
|Annual Report Expense Ratio (net):||1.75%|
Performance & Risk
|5y Avg Return:||17.05%|
|Rank in Category (ytd):||98|
|% Rank in Category (ytd):||24.69%|
|Morningstar Risk Rating:||2|
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"). It is non-diversified. View More