PVSAX: Putnam Capital Spectrum A

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PVSAX Putnam Capital Spectrum A


Profile

PVSAX - Profile

Vitals

  • YTD Return -7.3%
  • 3 Yr Annualized Return -13.3%
  • 5 Yr Annualized Return -8.1%
  • Net Assets $398 M
  • Holdings in Top 10 52.4%

52 WEEK LOW AND HIGH

$24.20
$18.02
$31.09

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.03%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 88.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Mar 20, 2020
  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--70% to 85% Equity

Distributions

  • YTD Total Return -7.3%
  • 3 Yr Annualized Total Return -13.3%
  • 5 Yr Annualized Total Return -8.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.02%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Putnam Capital Spectrum Fund
  • Fund Family Name
    Putnam
  • Inception Date
    May 18, 2009
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jacquelyne Cavanaugh

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Categories

Performance

PVSAX - Performance

Return Ranking - Trailing

Period PVSAX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.3% -59.8% 67.6% 48.80%
1 Yr -21.4% -73.9% 62.8% 86.37%
3 Yr -13.3%* -44.2% 42.6% 88.89%
5 Yr -8.1%* -38.6% 35.6% 85.03%
10 Yr 2.9%* -39.2% 35.2% 57.42%

* Annualized

Return Ranking - Calendar

Period PVSAX Return Category Return Low Category Return High Rank in Category (%)
2019 0.1% -58.1% 80.6% 83.39%
2018 -23.7% -64.5% 23.6% 89.78%
2017 4.3% -55.3% 69.8% 64.30%
2016 -1.3% -34.8% 68.2% 85.35%
2015 -13.9% -50.8% 22.5% 85.17%

Total Return Ranking - Trailing

Period PVSAX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.3% -59.8% 67.6% 48.80%
1 Yr -21.4% -73.9% 62.8% 86.37%
3 Yr -13.3%* -44.2% 42.6% 91.53%
5 Yr -8.1%* -38.6% 35.6% 91.56%
10 Yr 2.9%* -39.2% 35.2% 74.18%

* Annualized

Total Return Ranking - Calendar

Period PVSAX Return Category Return Low Category Return High Rank in Category (%)
2019 0.1% -58.1% 80.6% 83.39%
2018 -23.7% -64.5% 23.6% 93.23%
2017 4.3% -55.3% 69.8% 77.96%
2016 -1.3% -34.8% 70.7% 88.52%
2015 -13.9% -50.8% 30.8% 89.62%

NAV & Total Return History


Holdings

PVSAX - Holdings

Concentration Analysis

PVSAX Category Low Category High PVSAX % Rank
Net Assets 398 M 92.3 K 97.2 B 30.18%
Number of Holdings 50 1 5871 59.23%
Net Assets in Top 10 188 M -2.14 B 26.6 B 26.17%
Weighting of Top 10 52.37% 0.1% 100.0% 23.27%

Top 10 Holdings

  1. Jazz Pharmaceuticals PLC 9.95%
  2. DISH Network Corp Class A 9.60%
  3. Alphabet Inc Class C 5.78%
  4. EchoStar Corp 5.72%
  5. VanEck Vectors Gold Miners ETF 5.16%
  6. Northrop Grumman Corp 3.91%
  7. Pioneer Natural Resources Co 3.57%
  8. Amazon.com Inc 3.15%
  9. Fidelity National Information Services Inc 2.79%
  10. Cigna Corp 2.74%

Asset Allocation

Weighting Return Low Return High PVSAX % Rank
Stocks
79.13% -46.11% 100.41% 40.07%
Bonds
11.31% -696.69% 45.33% 10.63%
Cash
6.62% -0.92% 1041.68% 76.29%
Preferred Stocks
2.95% -0.02% 19.36% 5.61%
Other
0.00% -895.56% 38.46% 64.84%
Convertible Bonds
0.00% 0.00% 33.69% 59.35%

Stock Sector Breakdown

Weighting Return Low Return High PVSAX % Rank
Healthcare
25.86% 0.00% 100.00% 5.75%
Communication Services
20.75% 0.00% 100.00% 3.67%
Technology
15.17% 0.00% 99.85% 60.95%
Basic Materials
9.10% 0.00% 63.34% 5.63%
Industrials
8.04% 0.00% 70.69% 68.30%
Energy
7.65% 0.00% 100.00% 15.18%
Consumer Cyclical
5.73% 0.00% 59.77% 75.28%
Financial Services
4.58% 0.00% 100.00% 85.80%
Consumer Defense
2.55% 0.00% 69.13% 77.36%
Real Estate
0.57% 0.00% 100.00% 76.62%
Utilities
0.00% 0.00% 99.08% 85.80%

Stock Geographic Breakdown

Weighting Return Low Return High PVSAX % Rank
US
68.71% -29.34% 83.25% 43.22%
Non US
10.42% -48.75% 62.54% 39.25%

Bond Sector Breakdown

Weighting Return Low Return High PVSAX % Rank
Securitized
36.53% 0.00% 43.57% 0.82%
Cash & Equivalents
34.19% -0.92% 100.00% 87.73%
Corporate
29.27% 0.00% 100.00% 13.79%
Derivative
0.00% -0.02% 86.99% 57.36%
Municipal
0.00% 0.00% 15.73% 53.39%
Government
0.00% 0.00% 56.70% 63.67%

Bond Geographic Breakdown

Weighting Return Low Return High PVSAX % Rank
US
10.76% -696.69% 34.30% 9.70%
Non US
0.55% -252.88% 11.03% 11.68%

Expenses

PVSAX - Expenses

Operational Fees

PVSAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.03% 0.03% 12.16% 100.00%
Management Fee 0.00% 0.00% 2.94% 1.52%
12b-1 Fee 0.25% 0.00% 1.00% 38.78%
Administrative Fee N/A 0.01% 1.12% N/A

Sales Fees

PVSAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 0.50% 5.75% 19.58%
Deferred Load N/A 1.00% 5.00% 87.50%

Trading Fees

PVSAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% 92.26%

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.

PVSAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 88.00% 0.00% 485.00% 64.93%

Distributions

PVSAX - Distributions

Dividend Yield Analysis

PVSAX Category Low Category High PVSAX % Rank
Dividend Yield 0.00% 0.00% 11.31% 52.28%

Dividend Distribution Analysis

PVSAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

PVSAX Category Low Category High PVSAX % Rank
Net Income Ratio 1.02% -4.31% 4.44% 29.76%

Capital Gain Distribution Analysis

PVSAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

PVSAX - Fund Manager Analysis

Managers

Jacquelyne Cavanaugh


Start Date

Tenure

Tenure Rank

Dec 31, 2017

2.42

2.4%

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
0.03 41.44 8.19 6.67