Putnam Investment Funds - Putnam Research Fund USD Cls R6
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$49.69
$445 M
0.53%
$0.27
0.66%
Vitals
YTD Return
8.7%
1 yr return
29.5%
3 Yr Avg Return
9.3%
5 Yr Avg Return
14.5%
Net Assets
$445 M
Holdings in Top 10
32.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.66%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 54.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$49.69
$445 M
0.53%
$0.27
0.66%
PLJMX - Profile
Distributions
- YTD Total Return 8.7%
- 3 Yr Annualized Total Return 9.3%
- 5 Yr Annualized Total Return 14.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.65%
- Dividend Yield 0.5%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NamePutnam Investment Funds - Putnam Research Fund USD Cls R6
-
Fund Family NamePutnam
-
Inception DateJun 30, 2015
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerWalter Scully
Fund Description
PLJMX - Performance
Return Ranking - Trailing
Period | PLJMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.7% | -2.3% | 12.5% | 11.89% |
1 Yr | 29.5% | -1.1% | 44.9% | 6.87% |
3 Yr | 9.3%* | -13.2% | 27.1% | 7.48% |
5 Yr | 14.5%* | -2.1% | 106.4% | 6.22% |
10 Yr | N/A* | 2.4% | 20.4% | 9.77% |
* Annualized
Return Ranking - Calendar
Period | PLJMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 28.5% | -42.6% | 47.4% | 2.80% |
2022 | -24.2% | -56.3% | -4.2% | 74.00% |
2021 | 15.3% | -27.2% | 53.7% | 59.27% |
2020 | 17.7% | -36.2% | 2181.7% | 18.58% |
2019 | 23.7% | -22.7% | 40.4% | 46.40% |
Total Return Ranking - Trailing
Period | PLJMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 8.7% | -2.3% | 12.5% | 11.89% |
1 Yr | 29.5% | -1.1% | 44.9% | 6.87% |
3 Yr | 9.3%* | -13.2% | 27.1% | 7.48% |
5 Yr | 14.5%* | -2.1% | 106.4% | 6.22% |
10 Yr | N/A* | 2.4% | 20.4% | 9.01% |
* Annualized
Total Return Ranking - Calendar
Period | PLJMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 29.3% | -5.0% | 47.4% | 8.08% |
2022 | -17.0% | -36.8% | -2.2% | 39.41% |
2021 | 24.6% | 3.0% | 124.3% | 72.24% |
2020 | 20.5% | -15.8% | 2266.0% | 21.97% |
2019 | 33.3% | -0.4% | 241.3% | 8.18% |
NAV & Total Return History
PLJMX - Holdings
Concentration Analysis
PLJMX | Category Low | Category High | PLJMX % Rank | |
---|---|---|---|---|
Net Assets | 445 M | 2.34 M | 1.55 T | 68.95% |
Number of Holdings | 154 | 1 | 4053 | 41.75% |
Net Assets in Top 10 | 155 M | 885 K | 387 B | 67.77% |
Weighting of Top 10 | 32.56% | 0.3% | 112.0% | 56.43% |
Top 10 Holdings
- Microsoft Corp 6.68%
- Amazon.com Inc 5.41%
- Apple Inc 4.97%
- Alphabet Inc Class A 3.82%
- E-mini S&P 500 Future June 22 2.33%
- E-mini S&P 500 Future June 22 2.33%
- E-mini S&P 500 Future June 22 2.33%
- E-mini S&P 500 Future June 22 2.33%
- E-mini S&P 500 Future June 22 2.33%
- E-mini S&P 500 Future June 22 2.33%
Asset Allocation
Weighting | Return Low | Return High | PLJMX % Rank | |
---|---|---|---|---|
Stocks | 98.43% | 0.00% | 124.03% | 61.56% |
Cash | 1.58% | 0.00% | 99.06% | 38.36% |
Preferred Stocks | 0.00% | 0.00% | 2.38% | 30.74% |
Other | 0.00% | -13.91% | 100.00% | 55.27% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 27.44% |
Bonds | 0.00% | -0.50% | 93.78% | 32.15% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PLJMX % Rank | |
---|---|---|---|---|
Technology | 23.34% | 0.00% | 48.94% | 59.20% |
Healthcare | 14.49% | 0.00% | 60.70% | 45.60% |
Consumer Cyclical | 13.89% | 0.00% | 30.33% | 6.32% |
Financial Services | 13.11% | 0.00% | 55.59% | 67.52% |
Industrials | 9.88% | 0.00% | 29.90% | 36.72% |
Communication Services | 7.36% | 0.00% | 27.94% | 66.40% |
Consumer Defense | 7.15% | 0.00% | 47.71% | 39.52% |
Energy | 3.98% | 0.00% | 41.64% | 53.20% |
Utilities | 2.89% | 0.00% | 20.91% | 34.72% |
Basic Materials | 2.82% | 0.00% | 25.70% | 40.48% |
Real Estate | 1.11% | 0.00% | 31.91% | 80.48% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PLJMX % Rank | |
---|---|---|---|---|
US | 93.72% | 0.00% | 124.03% | 85.06% |
Non US | 4.71% | 0.00% | 62.81% | 9.04% |
PLJMX - Expenses
Operational Fees
PLJMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.66% | 0.01% | 16.07% | 61.95% |
Management Fee | 0.54% | 0.00% | 1.90% | 52.69% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
PLJMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
PLJMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
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.
PLJMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 54.00% | 0.00% | 496.00% | 76.67% |
PLJMX - Distributions
Dividend Yield Analysis
PLJMX | Category Low | Category High | PLJMX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.53% | 0.00% | 26.04% | 77.30% |
Dividend Distribution Analysis
PLJMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
PLJMX | Category Low | Category High | PLJMX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.65% | -54.00% | 6.06% | 52.41% |
Capital Gain Distribution Analysis
PLJMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 08, 2023 | $0.265 | OrdinaryDividend |
Dec 08, 2022 | $3.456 | OrdinaryDividend |
Dec 10, 2018 | $0.260 | OrdinaryDividend |
Dec 09, 2016 | $0.402 | OrdinaryDividend |
Dec 09, 2015 | $0.331 | OrdinaryDividend |
PLJMX - Fund Manager Analysis
Managers
Walter Scully
Start Date
Tenure
Tenure Rank
Jul 09, 2010
11.9
11.9%
Mr. Scully is a Portfolio Manager of Putnam's global consumer, global core equity, and research strategies, and is an Assistant Portfolio Manager of Putnam's U.S. large-cap value strategies. In addition, he is an Analyst in the Equity Research group, focusing on the U.S. consumer discretionary sector. Mr. Scully is responsible for conducting fundamental analysis and valuation of companies in this sector, and for making buy/sell recommendations. He has been in the investment industry since he joined Putnam in 1996.
Jacquelyne Cavanaugh
Start Date
Tenure
Tenure Rank
Dec 31, 2014
7.42
7.4%
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.
Kathryn Lakin
Start Date
Tenure
Tenure Rank
Dec 31, 2014
7.42
7.4%
Ms. Lakin is Director of Equity Research. She is responsible for managing a team of analysts, associates, and interns covering multiple sectors. In addition, she is a portfolio manager of Putnam's small-cap core strategy. Ms. Lakin joined Putnam in 2012 and has been in the investment industry since 2008. Prior to joining Putnam, Ms. Lakin was an Equity Research Analyst from 2011 to 2012 and an Equity Research Associate from 2008 to 2011 at Fidelity Investments. Ms. Lakin earned an M.B.A. from Yale School of Management and a B.A. from Wellesley College.
Andrew O'Brien
Start Date
Tenure
Tenure Rank
Nov 30, 2018
3.5
3.5%
Mr. O’Brien is Assistant Director of Equity Research, providing oversight and strategic direction to Putnam's team of equity analysts. In addition, he is a portfolio manager of Putnam's research strategy and an analyst in the Equity Research group, focusing on the U.S. technology sector. He is responsible for conducting fundamental analysis and valuation of companies in the semiconductor, hardware, and software industries, and for making buy/sell recommendations. Mr. O'Brien has been in the investment industry since he joined Putnam in 2011. Previously at Putnam, he served as an Investment Associate on the U.S. consumer team. Mr. O'Brien earned a B.S. in Business Administration from Babson College.
William Rives
Start Date
Tenure
Tenure Rank
Feb 28, 2019
3.25
3.3%
Mr. Rives is a Portfolio Manager of Putnam's small-cap core and global utilities strategies. In addition, he is an Analyst in the Equity Research group, focusing on the natural resources and utilities sectors. Mr. Rives is responsible for conducting fundamental analysis and valuation of E&Ps, MLPs, renewables, energy service companies, and utilities, and for making buy/sell recommendations. He has been in the investment industry since he joined Putnam in 2013. Previously at Putnam, Mr. Rives was an Equity Associate. Mr. Rives earned a B.A. from Amherst College.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 39.02 | 7.24 | 2.42 |