Putnam Global Technology Y Fund PGTYX seeks growth of capital over the long run. PGTYX invests a major portion of its assets in securities of companies involved in operations related to the technology domain. PGTYX uses a blend strategy to invest in common stocks of companies. PGTYX primarily invests in securities of large- and mid-cap companies.
This Sector - Tech product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 21.7% and 5 year 18.9%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
PGTYX’s performance, as of the last filing, when compared to funds in its category was in the top 4% over the past 1 year, and in the top 6% over the past 3 years and in the top 29% over the past 5 years.
The Putnam Global Technology Y fund, as of the last filing, allocates their fund in top two major groups; Large Growth and Foreign Stock. Further, as of the last filing, Alphabet (NASDAQ:GOOGL) Inc, Apple Inc (NASDAQ:AAPL) and Facebook Inc (NASDAQ:FB) were the top holdings for PGTYX.
This Zacks Rank #1 (Strong Buy) was incepted in December 2008 and is managed by Putnam Funds. PGTYX carries an expense ratio of 1.05% and requires a minimal initial investment of $0.
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