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Focus on Putnam Global Technology A Fund (PGTAX)

Putnam Global Technology A Fund PGTAX invests the lion’s share of its assets in common stocks, including either value or growth stocks or both, of technology companies. PGTAX invests mainly in large- and mid-cap tech companies that are expected to have strong investment prospects. PGTAX seeks appreciation of capital. PGTAX is a non-diversified fund.

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 21.4% and 5 year 18.6%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.  

PGTAX’s performance, as of the last filing, when compared to funds in its category was in the top 5% over the past 1 year, and in the top 8% over the past 3 years and in the top 33% over the past 5 years.

The Putnam Global Technology A 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 Inc, Apple Inc and Facebook Inc were the top holdings for PGTAX.

This Zacks Rank #1 (Strong Buy) was incepted in December 2008 and is managed by Putnam Funds. PGTAX carries an expense ratio of 1.30% and requires a minimal initial investment of $0.

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