Putnam Global Financial A
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
9.0%
1 yr return
-10.8%
3 Yr Avg Return
4.4%
5 Yr Avg Return
1.2%
Net Assets
$19.8 M
Holdings in Top 10
37.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.28%
SALES FEES
Front Load 5.75%
Deferred Load 1.00%
TRADING FEES
Turnover 51.00%
Redemption Fee 1.00%
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PGFFX - Profile
Distributions
- YTD Total Return 9.0%
- 3 Yr Annualized Total Return 2.4%
- 5 Yr Annualized Total Return 0.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.48%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NamePutnam Global Financial Fund
-
Fund Family NamePutnam
-
Inception DateDec 18, 2008
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJacquelyne J. Cavanaugh
Fund Description
PGFFX - Performance
Return Ranking - Trailing
Period | PGFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.0% | 9.0% | 28.8% | 91.94% |
1 Yr | -10.8% | -36.5% | 6.4% | 70.97% |
3 Yr | 4.4%* | -2.4% | 19.3% | 77.42% |
5 Yr | 1.2%* | -5.4% | 9.1% | 94.92% |
10 Yr | 5.8%* | -0.1% | 11.4% | 94.00% |
* Annualized
Return Ranking - Calendar
Period | PGFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -20.6% | -38.6% | -14.3% | 64.52% |
2022 | 18.8% | -7.7% | 46.5% | 33.87% |
2021 | 2.7% | 1.0% | 33.5% | 88.71% |
2020 | -5.2% | -15.2% | 15.0% | 58.06% |
2019 | -23.9% | -24.8% | 12.3% | 93.22% |
Total Return Ranking - Trailing
Period | PGFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.0% | 9.0% | 28.8% | 91.94% |
1 Yr | -15.9% | -25.2% | 6.4% | 70.97% |
3 Yr | 2.4%* | 0.7% | 23.1% | 93.55% |
5 Yr | 0.0%* | -5.4% | 11.2% | 94.92% |
10 Yr | 5.2%* | -0.1% | 13.8% | 94.00% |
* Annualized
Total Return Ranking - Calendar
Period | PGFFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -20.6% | -36.1% | -10.5% | 72.58% |
2022 | 18.8% | -0.2% | 47.6% | 38.71% |
2021 | 2.7% | 1.0% | 37.9% | 88.71% |
2020 | -5.2% | -13.9% | 15.0% | 61.29% |
2019 | -23.9% | -24.8% | 13.2% | 93.22% |
PGFFX - Holdings
Concentration Analysis
PGFFX | Category Low | Category High | PGFFX % Rank | |
---|---|---|---|---|
Net Assets | 19.8 M | 1.37 M | 7.99 B | 88.71% |
Number of Holdings | 86 | 26 | 427 | 35.48% |
Net Assets in Top 10 | 8.11 M | 607 K | 3.4 B | 82.26% |
Weighting of Top 10 | 37.41% | 18.2% | 67.1% | 62.90% |
Top 10 Holdings
- Bank of America Corporation 5.44%
- Citigroup Inc 5.01%
- AIA Group Ltd 4.87%
- Prudential PLC 3.74%
- Assured Guaranty Ltd 3.47%
- KKR & Co Inc 3.20%
- Goldman Sachs Group Inc 3.17%
- Radian Group Inc 2.89%
- E*TRADE Financial Corp 2.82%
- BlackRock Inc 2.80%
Asset Allocation
Weighting | Return Low | Return High | PGFFX % Rank | |
---|---|---|---|---|
Stocks | 98.59% | 53.41% | 100.35% | 56.45% |
Cash | 1.27% | -0.35% | 40.95% | 53.23% |
Preferred Stocks | 0.13% | 0.00% | 0.25% | 16.13% |
Other | 0.00% | -0.86% | 5.39% | 54.84% |
Convertible Bonds | 0.00% | 0.00% | 0.53% | 54.84% |
Bonds | 0.00% | 0.00% | 1.56% | 54.84% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PGFFX % Rank | |
---|---|---|---|---|
Financial Services | 87.54% | 12.03% | 99.28% | 62.90% |
Real Estate | 5.23% | 0.00% | 37.64% | 27.42% |
Healthcare | 2.20% | 0.00% | 2.20% | 9.68% |
Industrials | 2.16% | 0.00% | 8.05% | 35.48% |
Consumer Cyclical | 1.46% | 0.00% | 1.56% | 14.52% |
Utilities | 0.00% | 0.00% | 0.00% | 51.61% |
Technology | 0.00% | 0.00% | 13.67% | 72.58% |
Energy | 0.00% | 0.00% | 0.00% | 51.61% |
Communication Services | 0.00% | 0.00% | 1.46% | 54.84% |
Consumer Defense | 0.00% | 0.00% | 0.03% | 58.06% |
Basic Materials | 0.00% | 0.00% | 3.56% | 64.52% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PGFFX % Rank | |
---|---|---|---|---|
Non US | 50.49% | 0.00% | 50.49% | 9.68% |
US | 48.10% | 46.60% | 100.00% | 88.71% |
PGFFX - Expenses
Operational Fees
PGFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.28% | 0.10% | 4.42% | 69.35% |
Management Fee | 0.62% | 0.09% | 1.25% | 30.65% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 28.89% |
Administrative Fee | N/A | 0.04% | 0.25% | N/A |
Sales Fees
PGFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.75% | 3.50% | 5.75% | 22.22% |
Deferred Load | 1.00% | 1.00% | 5.00% | 72.22% |
Trading Fees
PGFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | 1.00% | 0.75% | 2.00% | 56.52% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
PGFFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 51.00% | 3.00% | 633.00% | 74.19% |
PGFFX - Distributions
Dividend Yield Analysis
PGFFX | Category Low | Category High | PGFFX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.03% | 72.58% |
Dividend Distribution Analysis
PGFFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Net Income Ratio Analysis
PGFFX | Category Low | Category High | PGFFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.48% | -2.28% | 1.87% | 11.29% |
Capital Gain Distribution Analysis
PGFFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 26, 2017 | $0.200 | |
Dec 27, 2016 | $0.193 | |
Dec 26, 2014 | $0.026 | |
Dec 26, 2013 | $0.110 | |
Dec 26, 2012 | $0.074 | |
Dec 23, 2011 | $0.146 | |
Dec 23, 2010 | $0.120 | |
Dec 24, 2009 | $0.231 | |
Dec 31, 2008 | $0.008 |
PGFFX - Fund Manager Analysis
Managers
Jacquelyne J. Cavanaugh
Start Date
Tenure
Tenure Rank
Dec 31, 2011
7.42
7.4%
Ms. Cavanaugh is a Portfolio Manager of Putnam's global core equity, global financial, and research strategies, and an Assistant Portfolio Manager of the Capital Spectrum and Equity Spectrum strategies. In addition, she is an Analyst focusing on the global financial and U.S. health-care sectors. Ms. Cavanaugh is responsible for conducting fundamental analysis of and making buy/sell recommendations for companies in the global investment banking, global brokerage and insurance, alternative asset management, and managed care industries. She 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. Prior to this role, she served at Goldman Sachs & Co. as a Vice President, Asset Management, from 2003 to 2005 and as a Financial Analyst, Investment Banking Division, Media/Entertainment Group, from 1995 to 1998. Previous to these roles, Ms. Cavanaugh was an Associate in the Investment Banking Division, Media/Entertainment Group, at Donaldson, Lufkin & Jenrette from 2000 to 2002. Ms. Cavanaugh has an M.B.A. from Harvard Business School, where she earned high distinction as a Baker Scholar, and has a B.A. from Brown University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 22.5 | 7.9 | 1.66 |