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PGRWX Putnam Fund for Growth & Income A

  • Fund
  • PGRWX
  • Price as of: Mar 27, 2017
  • $22.91
  • - $0.04
  • - 0.17%
  • Category
  • Large Cap Value Equities

PGRWX - Profile

Vitals

  • YTD Return 3.0%
  • 3 Yr Annualized Return 6.7%
  • 5 Yr Annualized Return 12.4%
  • Net Assets $5.16 B
  • Holdings in Top 10 25.3%

52 WEEK LOW AND HIGH

$22.91
$19.06
$23.72

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.96%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 42.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of 2017-03-06

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Large Cap Value Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Value

Distributions

  • YTD Total Return 3.0%
  • 3 Yr Annualized Total Return 4.6%
  • 5 Yr Annualized Total Return 11.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.39%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Putnam Fund for Growth and Income Fund
  • Fund Family Name Putnam
  • Inception Date Nov 06, 1957
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Darren A. Jaroch

Fund Description

The Putnam Fund For Growth & Income Fund Class A (PGRWX) is an actively managed fund that aims to provide an attractive combination of income and growth from common stocks. The fund uses fundamental analysis to focus on various value metrics of American blue-chip, mid- and large-cap stocks. Risk control and management are an active part of the fund’s strategy. PGRWX features average costs.

Given its focus on value, growth and income, PGRWX is an ideal subcore position within a broader portfolio. The fund is managed by Putnam.

PGRWX - Performance

Return Ranking - Trailing

Period PGRWX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.0% -83.3% 13.9% 34.94% 2
1 Yr 30.5% -47.2% 43.0% 13.90% 1
3 Yr 6.7% * -20.9% 15.9% 73.98% 4
5 Yr 12.4% * -7.4% 16.0% 42.86% 3
10 Yr 4.8% * -3.8% 9.6% 73.33% 4

* Annualized


Return Ranking - Calendar

Period PGRWX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 12.9% -40.1% 180.5% 19.51% 2
2015 -9.0% -47.3% 9.6% 42.60% 3
2014 9.0% -46.4% 35.3% 20.74% 2
2013 33.7% -13.6% 45.0% 9.97% 1
2012 17.0% -22.7% 35.8% 8.17% 1

Total Return Ranking - Trailing

Period PGRWX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.0% -83.3% 13.9% 34.81% 2
1 Yr 23.0% -51.7% 110.4% 54.41% 3
3 Yr 4.6% * -11.2% 19.9% 86.94% 5
5 Yr 11.1% * -0.1% 16.0% 68.81% 4
10 Yr 4.2% * -0.6% 13.7% 83.58% 5

* Annualized


Total Return Ranking - Calendar

Period PGRWX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 13.8% -23.8% 187.5% 20.32% 2
2015 -7.8% -26.0% 39.5% 80.14% 5
2014 10.4% -14.3% 57.4% 67.76% 4
2013 37.5% 0.0% 289.2% 58.59% 3
2012 20.6% -21.5% 528.1% 47.68% 3

NAV & Total Return History

PGRWX - Holdings

Filings data as of: Dec 31, 2016

Concentration Analysis

PGRWX Category Low Category High PGRWX % Rank Quintile
Net Assets 5.16 B 273 K 90 B 3.81% 1
Number of Holdings 143 1 966 4.95% 1
Net Assets in Top 10 1.26 B 0 26.5 B 4.00% 1
Weighting of Top 10 25.3% 0.0% 100.1% 20.08% 4

Top 10 Holdings

  1. JPMorgan Chase & Co 4.62%
  2. Wells Fargo & Co 3.45%
  3. Citigroup Inc 2.85%
  4. Pfizer Inc 1.63%
  5. Bank of America Corporation 3.45%
  6. American International Group Inc 2.01%
  7. Microsoft Corp 2.50%
  8. Johnson & Johnson 1.49%
  9. Cisco Systems Inc 1.81%
  10. Merck & Co Inc 1.48%

Asset Allocation

Weighting Category Low Category High PGRWX % Rank Quintile
Stocks
99.00% 0.00% 104.78% 5.71% 2
Cash
0.99% -4.77% 100.00% 18.65% 4
Other
0.02% -2.85% 24.50% 7.42% 2
Preferred Stocks
0.00% 0.00% 35.63% 3.71% 2
Convertible Bonds
0.00% 0.00% 75.13% 1.43% 2
Bonds
0.00% -0.06% 75.60% 4.47% 2

Stock Sector Breakdown

Weighting Category Low Category High PGRWX % Rank Quintile
Financial Services
27.40% 0.00% 44.35% 6.39% 2
Healthcare
12.28% 0.00% 29.91% 12.87% 3
Energy
11.23% 0.00% 21.82% 9.91% 2
Technology
10.26% 0.00% 25.91% 16.30% 3
Consumer Defense
9.44% 0.00% 32.88% 7.44% 2
Industrials
9.21% 0.00% 36.78% 16.87% 4
Basic Materials
4.74% 0.00% 18.54% 6.67% 2
Communication Services
4.65% 0.00% 11.07% 7.72% 2
Consumer Cyclical
4.36% 0.00% 32.87% 24.12% 5
Utilities
3.48% 0.00% 56.55% 12.39% 3
Real Estate
1.95% 0.00% 19.13% 10.58% 2

Stock Geographic Breakdown

Weighting Category Low Category High PGRWX % Rank Quintile
US
90.62% 0.00% 100.16% 15.70% 3
Non US
8.38% 0.00% 98.81% 7.80% 2

PGRWX - Expenses

Operational Fees

PGRWX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.96% 0.05% 21.67% 16.65% 2
Management Fee 0.47% 0.00% 1.20% 4.85% 1
12b-1 Fee 0.25% 0.00% 1.00% 2.03% 2
Administrative Fee N/A 0.00% 0.50% N/A N/A

Sales Fees

PGRWX Fees (% of AUM) Category Low Category High PGRWX Rank Quintile
Front Load 5.75% 1.00% 5.75% 0.59% 3
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

PGRWX Fees (% of AUM) Category Low Category High PGRWX Rank Quintile
Max Redemption Fee N/A 0.50% 2.00% N/A N/A

Turnover 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.

PGRWX Fees (% of AUM) Category Low Category High PGRWX Rank Quintile
Turnover 42.00% 0.00% 229.00% 9.42% 3

PGRWX - Distributions

Dividend Yield Analysis

PGRWX Category Low Category High PGRWX % Rank Quintile
Dividend Yield 0.2% 0.00% 3.58% 37.34% 3

Dividend Distribution Analysis

PGRWX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

PGRWX Category Low Category High PGRWX % Rank Quintile
Net Income Ratio 1.39% -2.34% 3.83% 14.37% 3

Capital Gain Distribution Analysis

PGRWX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

PGRWX - Managers

Darren A. Jaroch

Manager

Start Date

Nov 16, 2016

Tenure

0.28

Tenure Rank

13.1%

Mr. Jaroch is a Portfolio Manager of U.S., international, and global value strategies. He joined Putnam in 1999 and has been in the investment industry since 1996. Previously at Putnam, Mr. Jaroch managed global core equity strategies and worked on quantitative models as a member of the U.S. Value team. Prior to joining Putnam, he was a Senior Auditor, Client Service, at State Street Bank & Trust from 1996 to 1998 and a Research Associate at Abt Associates from 1995 to 1996. Mr. Jaroch earned a B.A. from Hartwick College.


Walter Scully

Manager

Start Date

Nov 16, 2016

Tenure

0.28

Tenure Rank

13.1%

Mr. Scully is an Analyst in the Equity Research group, focusing on the U.S. consumer sector. He is responsible for conducting fundamental analysis and valuation of the companies in the consumer cyclicals industry, and making buy/sell recommendations. In addition, he is a PM of Putnam's global consumer and research strategies, and an assistant portfolio manager of Putnam's U.S. large-cap value strategies. Mr. Scully has been in the investment industry since he joined Putnam in 1996. Prior to joining Putnam, Mr. Scully was a Senior Accountant at PricewaterhouseCoopers from 1990 to 1994.


Tenure Analysis

Category Low

0.0

Category High

38.5

Category Average

6.93

Category Mode

2.2