Putnam Global Health Fund Quote
| PGHAX Fund | USD 70.34 0.55 0.79% |
Performance0 of 100
| Odds Of DistressLess than 21
|
Putnam Global is trading at 70.34 as of the 28th of November 2024; that is 0.79 percent up since the beginning of the trading day. The fund's open price was 69.79. Putnam Global has about a 21 % chance of experiencing some form of financial distress in the next two years of operation but has generated negative returns over the last 90 days. Equity ratings for Putnam Global Health are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of December 2022 and ending today, the 28th of November 2024. Click here to learn more.
The fund invests mainly in common stocks of large and midsize companies worldwide that the manager believes have favorable investment potential. Under normal circumstances, it invests at least 80 percent of its net assets in securities of companies in the health care industries. More on Putnam Global Health
Moving against Putnam Mutual Fund
Putnam Mutual Fund Highlights
| Thematic Idea | Healthcare Funds (View all Themes) |
| Fund Concentration | Putnam Funds, Large Blend Funds, Health Funds, Healthcare Funds, Health, Putnam, Large Growth, Health (View all Sectors) |
| Update Date | 30th of September 2024 |
Putnam Global Health [PGHAX] is traded in USA and was established 28th of November 2024. Putnam Global is listed under Putnam category by Fama And French industry classification. The fund is listed under Health category and is part of Putnam family. The entity is thematically classified as Healthcare Funds. Putnam Global Health at this time has accumulated 1.6 B in assets with no minimum investment requirements with the current yeild of 0.0%.
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 Health 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 Health Mutual Fund Constituents
| ABBV | AbbVie Inc | Stock | Health Care | |
| ABT | Abbott Laboratories | Stock | Health Care | |
| ASND | Ascendis Pharma AS | Stock | Health Care | |
| DHR | Danaher | Stock | Health Care | |
| INVA | Innoviva | Stock | Health Care | |
| IRWD | Ironwood Pharmaceuticals | Stock | Health Care | |
| JNJ | Johnson Johnson | Stock | Health Care | |
| LLY | Eli Lilly and | Stock | Health Care |
Putnam Global Health Risk Profiles
| Mean Deviation | 0.5259 | |||
| Standard Deviation | 0.6658 | |||
| Variance | 0.4433 | |||
| Risk Adjusted Performance | (0.15) |
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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