Putnam Multicap Core Fund Quote
| PMYCX Fund | USD 35.71 0.09 0.25% |
Performance7 of 100
| Odds Of DistressLess than 20
|
Putnam Multicap is trading at 35.71 as of the 19th of April 2024; that is -0.25% down since the beginning of the trading day. The fund's open price was 35.8. Putnam Multicap has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Putnam Multicap Core are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
The fund invests mainly in common stocks of U.S. companies of any size that the adviser believes have favorable investment potential. The adviser may also consider other factors the advisor believes will cause the stock price to rise. The adviser may consider, among other factors, a companys valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments.. More on Putnam Multicap Core
Moving together with Putnam Mutual Fund
| 0.96 | PEYAX | Putnam Equity Me | PairCorr |
| 0.87 | PFICX | Putnam Floating Rate | PairCorr |
| 0.89 | PFJAX | Putnam High Yield | PairCorr |
| 0.87 | PFLRX | Putnam Floating Rate | PairCorr |
| 0.87 | PFLLX | Putnam Floating Rate | PairCorr |
| 0.87 | PFRBX | Putnam Floating Rate | PairCorr |
Putnam Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Putnam Multicap's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Putnam Multicap or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Putnam Funds, Large Blend Funds, Large Blend, Putnam (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 22nd of August 2022 |
| Fiscal Year End | April |
Putnam Multicap Core [PMYCX] is traded in USA and was established 19th of April 2024. Putnam Multicap is listed under Putnam category by Fama And French industry classification. The fund is listed under Large Blend category and is part of Putnam family. This fund at this time has accumulated 3.45 B in assets with no minimum investment requirementsPutnam Multicap Core is currently producing year-to-date (YTD) return of 8.54% with the current yeild of 0.0%, while the total return for the last 3 years was 8.64%.
Check Putnam Multicap Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Putnam Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Putnam Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Putnam Multicap Core Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Putnam Multicap Core Mutual Fund Constituents
| BA | The Boeing | Stock | Industrials |
| C | Citigroup | Stock | Financials |
| GOOGL | Alphabet Inc Class A | Stock | Communication Services |
| WMT | Walmart | Stock | Consumer Staples |
| V | Visa Class A | Stock | Financials |
| MSFT | Microsoft | Stock | Information Technology |
| LOW | Lowes Companies | Stock | Consumer Discretionary |
Putnam Multicap Target Price Odds Analysis
Based on a normal probability distribution, the odds of Putnam Multicap jumping above the current price in 90 days from now is about 54.55%. The Putnam Multicap Core probability density function shows the probability of Putnam Multicap mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon the mutual fund has a beta coefficient of 1.0194 indicating Putnam Multicap Core market returns are sensitive to returns on the market. As the market goes up or down, Putnam Multicap is expected to follow. Additionally, putnam Multicap Core has an alpha of 0.027, implying that it can generate a 0.027 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Putnam Multicap to move above the current price in 90 days from now is about 54.55 (This Putnam Multicap Core probability density function shows the probability of Putnam Mutual Fund to fall within a particular range of prices over 90 days) .
Putnam Multicap Core Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Putnam Multicap market risk premium is the additional return an investor will receive from holding Putnam Multicap long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Putnam Multicap. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Putnam Multicap's alpha and beta are two of the key measurements used to evaluate Putnam Multicap's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.5683 | |||
| Semi Deviation | 0.5666 | |||
| Standard Deviation | 0.7197 | |||
| Variance | 0.5179 |
Putnam Multicap Against Markets
Picking the right benchmark for Putnam Multicap mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Putnam Multicap mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Putnam Multicap is critical whether you are bullish or bearish towards Putnam Multicap Core at a given time. Please also check how Putnam Multicap's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Putnam Multicap without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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| All Next | Launch Module |
How to buy Putnam Mutual Fund?
Before investing in Putnam Multicap, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Putnam Multicap. To buy Putnam Multicap fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Putnam Multicap. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Putnam Multicap fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Putnam Multicap Core fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Putnam Multicap Core fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Putnam Multicap Core, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Putnam Multicap Core?
The danger of trading Putnam Multicap Core is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Putnam Multicap is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Putnam Multicap. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Putnam Multicap Core is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam Multicap Core. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators. Note that the Putnam Multicap Core information on this page should be used as a complementary analysis to other Putnam Multicap's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.