Putnam Multi Cap Growth Fund Quote
| PNORX Fund | USD 110.82 0.24 0.22% |
Performance8 of 100
| Odds Of DistressLess than 18
|
Putnam Multi is trading at 110.82 as of the 24th of April 2024; that is -0.22 percent down since the beginning of the trading day. The fund's open price was 111.06. Putnam Multi has less than a 18 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Putnam Multi Cap Growth are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 25th of March 2024 and ending today, the 24th of April 2024. Click here to learn more.
The fund mainly invests in common stocks of U.S. companies of any size, with a focus on companies that the advisor believes exhibit a commitment to financially material sustainable business practices. The advisor considers, among other factors, a companys sustainable business practices, 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 Multi Cap Growth
Moving together with Putnam Mutual Fund
| 0.86 | PEYAX | Putnam Equity Me | PairCorr |
| 0.64 | PEXTX | Putnam Tax Exempt | PairCorr |
| 0.78 | PFICX | Putnam Floating Rate | PairCorr |
| 0.87 | PFJAX | Putnam High Yield | PairCorr |
| 0.78 | PFLLX | Putnam Floating Rate | PairCorr |
| 0.79 | PFRBX | Putnam Floating Rate | PairCorr |
| 0.78 | PFRYX | 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 Multi's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Putnam Multi or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Putnam Funds, Large Growth Funds, Large Growth, Putnam, Large Growth, Large Growth (View all Sectors) |
| Update Date | 31st of March 2024 |
Putnam Multi Cap Growth [PNORX] is traded in USA and was established 24th of April 2024. Putnam Multi is listed under Putnam category by Fama And French industry classification. The fund is listed under Large Growth category and is part of Putnam family. This fund at this time has accumulated 4.67 B in assets with no minimum investment requirementsPutnam Multi Cap is currently producing year-to-date (YTD) return of 7.69% with the current yeild of 0.0%, while the total return for the last 3 years was 5.14%.
Check Putnam Multi 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 Multi Cap Growth 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 Multi Cap Growth Mutual Fund Constituents
| GOOG | Alphabet Inc Class C | Stock | Communication Services |
| BABA | Alibaba Group Holding | Stock | Consumer Discretionary |
| NSC | Norfolk Southern | Stock | Industrials |
| NOC | Northrop Grumman | Stock | Industrials |
| BDX | Becton Dickinson and | Stock | Health Care |
| WMT | Walmart | Stock | Consumer Staples |
| AAPL | Apple Inc | Stock | Information Technology |
Putnam Multi Target Price Odds Analysis
Based on a normal probability distribution, the odds of Putnam Multi jumping above the current price in 90 days from now is about 58.13%. The Putnam Multi Cap Growth probability density function shows the probability of Putnam Multi 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 1.0129 indicating Putnam Multi Cap Growth market returns are sensitive to returns on the market. As the market goes up or down, Putnam Multi is expected to follow. Additionally, putnam Multi Cap Growth has an alpha of 0.0024, implying that it can generate a 0.002432 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Putnam Multi to move above the current price in 90 days from now is about 58.13 (This Putnam Multi Cap Growth probability density function shows the probability of Putnam Mutual Fund to fall within a particular range of prices over 90 days) .
Putnam Multi Cap Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Putnam Multi market risk premium is the additional return an investor will receive from holding Putnam Multi 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 Multi. 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 Multi's alpha and beta are two of the key measurements used to evaluate Putnam Multi's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.6218 | |||
| Semi Deviation | 0.6291 | |||
| Standard Deviation | 0.809 | |||
| Variance | 0.6545 |
Putnam Multi Against Markets
Picking the right benchmark for Putnam Multi 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 Multi 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 Multi is critical whether you are bullish or bearish towards Putnam Multi Cap Growth at a given time. Please also check how Putnam Multi'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 Multi 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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How to buy Putnam Mutual Fund?
Before investing in Putnam Multi, 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 Multi. To buy Putnam Multi fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Putnam Multi. 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 Multi fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Putnam Multi Cap Growth 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 Multi Cap Growth 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 Multi Cap Growth, 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 Multi Cap Growth?
The danger of trading Putnam Multi Cap Growth 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 Multi 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 Multi. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Putnam Multi Cap 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 Multi Cap Growth. 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 metropolitan statistical area. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.