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Putnam Global Financial M (PGFMX)

Nasdaq - Nasdaq Delayed Price. Currency in USD
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12.83+0.01 (+0.08%)
At close: 8:01PM EDT

Putnam Global Financial M

Putnam Funds TrustOne Post Office SquareBoston MA 02109
800-225-1581
Management Information
Jacquelyne Cavanaugh,Lead Manager since January 31, 2012
Ms. Cavanaugh is an Analyst in Equity Research group, focusing on the global financials sector. She is responsible for conducting fundamental analysis and valuation of companies in the banking, asset management, exchanges, and insurance industries, and making buy/sell recommendations. In addition, she is a portfolio manager of Putnam's global financial and research strategies. 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, where she was a Baker Scholar, and a B.A., with Honors, in Economics, Business Management, and Political Science from Brown University.
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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.

Fund Overview

CategoryFinancial
Fund FamilyPutnam
Net Assets24.32M
YTD Return11.90%
Yield1.14%
Morningstar Rating★★
Inception DateDec 17, 2008

Fund Operations

Last Dividend0.14
Last Cap Gain0.00
Holdings Turnover46.00%
Average for CategoryN/A

Fees & Expenses

ExpensePGFMXCategory Average
Annual Report Expense Ratio (net)1.78%1.42%
Prospectus Net Expense Ratio1.81%N/A
Prospectus Gross Expense Ratio2.76%N/A
Max 12b1 Fee0.75%N/A
Max Front End Sales Load3.50%5.12%
Max Deferred Sales LoadN/A1.84%
3 Yr Expense Projection1,090N/A
5 Yr Expense Projection1,677N/A
10 Yr Expense Projection3,265N/A