Putnam Equity Spectrum Fund

Scorecard
5 / 5 Stars
Lipper
5 5 5 1 3
Zacks Investment Research
2 (Buy)
Standard & Poor's
5 / 5 Stars
TheStreet.com
A (Buy)

#1 in Mid-Cap Blend

U.S. News evaluated 135 Mid-Cap Blend Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 32.00 percent over the past year, 20.63 percent over the past three years, and 27.97 percent over the past five years.

Trailing Returns Updated 06.30.2014
Year to date 5.4%
1 Year 32.0%
3 Years (Annualized) 20.6%
5 Years (Annualized) 28.0%
10 Years (Annualized) N/A

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Summary

The investment seeks capital appreciation. The fund invests a majority of its assets in equity securities of leveraged U.S. companies of any size, including both growth and value stocks, that the managers believe have favorable investment potential. These companies 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.

Fees

Fees are Above Average compared to funds in the same category.
Putnam Equity Spectrum Fund has an expense ratio of 1.36 percent.

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Risk

Risk is Below Average compared to funds in the same category according to Morningstar.

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