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Putnam Absolute Return 700 Fund

PDMAX:US
NASDAQ GM
12.56
USD
0.03
0.24%
As of 12/12/2017
Fund Type
Open-End Fund
52Wk Range
11.31 - 12.59
1 Yr Return
10.56%
YTD Return
10.27%
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Previous Close
12.59
52Wk Range
11.31 - 12.59
1 Yr Return
10.56%
YTD Return
10.27%
Fund Type
Open-End Fund
Objective
Dynamic Allocation
Asset Class Focus
Mixed Allocation
Geographic Focus
U.S.
NAV (on 12/12/2017)
12.56
Total Assets (b USD) (on 11/30/2017)
1.199
Inception Date
12/23/2008
Last Dividend (on 12/30/2016)
-
Dividend Indicated Gross Yield
-
Fund Managers
JAMES A FETCH / ROBERT J KEA
Front Load Fee
5.75%
Back Load Fee
1.00%
Redemption Fee
0.00%
12b-1 Fee
0.25%
Current Mgmt Fee
0.72%
Expense Ratio
1.19%

Top Fund Holdings

Name Position Value % of Fund
68.00 k 70.01 m 6.10
40.00 k 40.09 m 3.49
29.20 k 29.65 m 2.58
28.00 k 27.10 m 2.36
19.60 k 21.21 m 1.85
598.12 k 19.65 m 1.71
7.42 k 16.67 m 1.45
268.70 k 15.88 m 1.38
176.00 k 15.85 m 1.38
609.20 k 15.75 m 1.37
Profile
Putnam Absolute Return 700 Fund is an open-end fund incorporated in the USA. The Fund seeks to earn a positive total return that exceeds the rate of inflation by a targeted amount over a reasonable period of time regardless of market conditions. The Fund's portfolio combines two separate investment strategies: beta strategy and an alpha strategy.
Address
Putnam Investments
One Post Office Square
Boston, MA 02109
Phone
1-800-225-1581