2 / 5 Stars
4 4 1 4 1
Zacks Investment Research
1 (Strong Buy)
Standard & Poor's
5 / 5 Stars
#8 in Equity Energy
U.S. News evaluated 48 Equity Energy Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
The fund has returned 13.10 percent over the past year, 0.81 percent over the past three years, and 13.44 percent over the past five years.
|Trailing Returns||Updated 02.28.2014|
|Year to date||0.6%|
|3 Years (Annualized)||0.8%|
|5 Years (Annualized)||13.4%|
|10 Years (Annualized)||N/A|
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 advisor believes have favorable investment potential. Potential investments include companies engaged in the exploration, production, development and refinement of conventional and alternative sources of energy. It may also use derivatives, such as futures, options, certain foreign currency transactions, warrants and swap contracts, for both hedging and non-hedging purposes, and may engage in short sales of securities. The fund is non-diversified.
Fees are Above Average compared to funds in the same category.
Putnam Global Energy Fund has an expense ratio of 1.35 percent.
Risk is Low compared to funds in the same category according to Morningstar.