PGTRX: Putnam Global Technology R

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PGTRX Putnam Global Technology R

  • Fund
  • PGTRX
  • Price as of: Oct 18, 2019
  • $36.94 - $0.49 - 1.31%

PGTRX - Profile

Vitals

  • YTD Return 29.8%
  • 3 Yr Annualized Return 13.6%
  • 5 Yr Annualized Return 13.0%
  • Net Assets $403 M
  • Holdings in Top 10 49.9%

52 WEEK LOW AND HIGH

$36.94
$26.47
$38.81

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.40%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 93.00%

TRADING FEES

  • Max Redemption Fee 1.00%

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Technology

Distributions

  • YTD Total Return 29.8%
  • 3 Yr Annualized Total Return 13.6%
  • 5 Yr Annualized Total Return 13.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.49%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Putnam Global Technology Fund
  • Fund Family Name Putnam
  • Inception Date Dec 18, 2008
  • Shares Outstanding N/A
  • Share Class Retirement
  • Currency USD
  • Domiciled Country United States
  • Manager Di Yao

Fund Description

The fund invests mainly in common stocks (growth or value stocks or both) of large and midsize companies worldwide that the manager believes have favorable investment potential. Under normal circumstances, it invests at least 80% of its net assets in securities of companies in the technology industries. The fund is non-diversified.

PGTRX - Performance

Return Ranking - Trailing

Period PGTRX Return Category Return Low Category Return High Rank in Category (%)
YTD 29.8% -5.8% 38.1% 28.16%
1 Yr 2.6% -32.6% 23.2% 52.30%
3 Yr 13.6%* -33.1% 23.2% 47.71%
5 Yr 13.0%* -21.5% 19.7% 25.17%
10 Yr 9.7%* -4.3% 19.2% 67.52%

* Annualized


Return Ranking - Calendar

Period PGTRX Return Category Return Low Category Return High Rank in Category (%)
2018 -15.4% -49.7% 4.3% 54.27%
2017 36.7% -17.3% 55.5% 12.34%
2016 11.1% -17.1% 32.1% 19.31%
2015 5.5% -17.6% 11.6% 20.69%
2014 7.6% -63.5% 36.9% 40.97%

Total Return Ranking - Trailing

Period PGTRX Return Category Return Low Category Return High Rank in Category (%)
YTD 29.8% -5.8% 38.1% 28.16%
1 Yr 2.6% -32.6% 27.5% 63.79%
3 Yr 13.6%* -33.1% 23.7% 66.67%
5 Yr 13.0%* -21.5% 29.4% 53.74%
10 Yr 9.7%* -4.3% 22.4% 81.20%

* Annualized


Total Return Ranking - Calendar

Period PGTRX Return Category Return Low Category Return High Rank in Category (%)
2018 -15.4% -49.7% 5.1% 65.85%
2017 36.7% -17.3% 55.5% 37.01%
2016 11.1% -17.1% 32.8% 35.17%
2015 5.5% -13.9% 83.1% 40.69%
2014 7.6% -63.5% 38.5% 67.36%

NAV & Total Return History

PGTRX - Holdings

Concentration Analysis

PGTRX Category Low Category High PGTRX % Rank
Net Assets 403 M 993 K 23.8 B 58.52%
Number of Holdings 64 22 327 46.59%
Net Assets in Top 10 201 M 900 K 13.2 B 55.11%
Weighting of Top 10 49.86% 17.8% 84.0% 38.07%

Top 10 Holdings

  1. Microsoft Corp 19.68%

  2. Visa Inc Class A 5.14%

  3. NXP Semiconductors NV 3.52%

  4. Tencent Holdings Ltd 3.47%

  5. GoDaddy Inc A 3.31%

  6. Talend SA ADR 3.11%

  7. Renesas Electronics Corp 3.01%

  8. Fiserv Inc 2.93%

  9. Fidelity National Information Services Inc 2.91%

  10. Screen Holdings Co Ltd 2.79%


Asset Allocation

Weighting Return Low Return High PGTRX % Rank
Stocks
97.62% 72.03% 100.16% 63.64%
Cash
2.34% -0.16% 27.97% 34.09%
Preferred Stocks
0.03% 0.00% 1.98% 11.93%
Other
0.00% -4.62% 5.33% 13.64%
Convertible Bonds
0.00% 0.00% 0.18% 2.27%
Bonds
0.00% 0.00% 0.49% 6.82%

Stock Sector Breakdown

Weighting Return Low Return High PGTRX % Rank
Technology
70.49% 31.25% 98.45% 59.09%
Consumer Cyclical
11.85% 0.00% 31.80% 21.02%
Industrials
7.65% 0.00% 28.26% 14.77%
Financial Services
5.14% 0.00% 39.09% 49.43%
Communication Services
2.49% 0.00% 6.28% 13.64%
Utilities
0.00% 0.00% 3.82% 11.36%
Real Estate
0.00% 0.00% 15.52% 31.25%
Healthcare
0.00% 0.00% 32.74% 47.16%
Energy
0.00% 0.00% 1.50% 4.55%
Consumer Defense
0.00% 0.00% 3.56% 27.27%
Basic Materials
0.00% 0.00% 7.48% 18.18%

Stock Geographic Breakdown

Weighting Return Low Return High PGTRX % Rank
US
64.44% 34.14% 98.52% 90.91%
Non US
33.18% 0.00% 63.79% 1.70%

PGTRX - Expenses

Operational Fees

PGTRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.40% 0.10% 166.12% 45.45%
Management Fee 0.62% 0.09% 1.95% 17.05%
12b-1 Fee 0.50% 0.00% 1.00% 65.81%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

PGTRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PGTRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 0.75% 2.00% 42.50%

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.

PGTRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 93.00% 1.00% 732.00% 69.32%

PGTRX - Distributions

Dividend Yield Analysis

PGTRX Category Low Category High PGTRX % Rank
Dividend Yield 0.00% 0.00% 7.48% 10.23%

Dividend Distribution Analysis

PGTRX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

PGTRX Category Low Category High PGTRX % Rank
Net Income Ratio 0.49% -2.16% 1.10% 6.82%

Capital Gain Distribution Analysis

PGTRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

PGTRX - Managers

Di Yao

Manager

Start Date

Tenure

Tenure Rank

Dec 30, 2012

6.75

6.8%

Di Yao has joined in Putnam Management since 2005 and has become an analyst of The Putnam Advisory Company since 2008.


Neil Desai

Manager

Start Date

Tenure

Tenure Rank

Oct 14, 2014

4.96

5.0%

Mr. Desai is a Portfolio Manager of Putnam's technology and TMT long/short equity strategies. He joined Putnam in 2012 and has been in the investment industry since 1997. Previously at Putnam, Mr. Desai was a Portfolio Manager, Analyst on the Equity Research team, conducting fundamental analysis and valuation of global internet and IT services companies. Prior to joining Putnam, he was a Partner at Crosslink Capital from 2009 to 2012; an Analyst at Tudor Investment Corp/Raptor Capital Management from 2005 to 2009; a Senior Associate at Thoma Cressey Equity Partners, now Thoma Bravo, from 1999 to 2003; and an Analyst in the Global TMT Group, Merrill Lynch Investment Banking, from 1997 to 1999. Mr. Desai earned an M.B.A. from Harvard Business School and a B.A. in Economics from Duke University.


Tenure Analysis

Category Low

0.25

Category High

29.76

Category Average

8.07

Category Mode

5.59