Putnam Global Financials Fund Quote
| PGFMX Fund | USD 10.77 0.01 0.09% |
Performance12 of 100
| Odds Of DistressLess than 18
|
Putnam Global is trading at 10.77 as of the 13th of November 2024; that is 0.09 percent up since the beginning of the trading day. The fund's open price was 10.76. Putnam Global has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. Equity ratings for Putnam Global Financials are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 15th of August 2024 and ending today, the 13th of November 2024. Click here to learn more.
Under normal circumstances, the fund will invest approximately 60 percent of its total assets in underlying funds that invest primarily in a portfolio of equity securities and non-traditional asset classes and invest the remainder of the funds total assets in underlying funds that invest primarily in fixed income securities.. More on Putnam Global Financials
Moving together with Putnam Mutual Fund
| 0.8 | PEYAX | Putnam Equity Income | PairCorr |
| 0.64 | PFRYX | Putnam Floating Rate | PairCorr |
| 0.84 | PGEOX | George Putnam | PairCorr |
| 0.84 | PGEMX | George Putnam | PairCorr |
Moving against Putnam Mutual Fund
Putnam Mutual Fund Highlights
| Fund Concentration | Putnam Funds, Large Blend Funds, Allocation--50% to 70% Equity Funds, Allocation--50% to 70% Equity, Putnam (View all Sectors) |
| Update Date | 30th of September 2024 |
Putnam Global Financials [PGFMX] is traded in USA and was established 13th of November 2024. Putnam Global is listed under Putnam category by Fama And French industry classification. The fund is listed under Allocation--50% to 70% Equity category and is part of Putnam family. This fund at this time has accumulated 28.99 M in assets with no minimum investment requirementsPutnam Global Financials is currently producing year-to-date (YTD) return of 0.07%, while the total return for the last 3 years was 0.04%.
Check Putnam Global 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 Global Financials 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 Global Financials Mutual Fund Constituents
| SCHW | Charles Schwab Corp | Stock | Financials | |
| PGPHF | Partners Group | Pink Sheet | Asset Management | |
| JPM | JPMorgan Chase Co | Stock | Financials | |
| AGO | Assured Guaranty | Stock | Financials | |
| GS | Goldman Sachs Group | Stock | Financials | |
| KKR | KKR Co LP | Stock | Financials | |
| BAC | Bank of America | Stock | Financials | |
| RDN | Radian Group | Stock | Financials |
Putnam Global Financials Risk Profiles
| Mean Deviation | 0.2983 | |||
| Semi Deviation | 0.2334 | |||
| Standard Deviation | 0.3988 | |||
| Variance | 0.159 |
Putnam Global Against Markets
Other Information on Investing in Putnam Mutual Fund
Putnam Global financial ratios help investors to determine whether Putnam Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Putnam with respect to the benefits of owning Putnam Global security.
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