Putnam Voyager Fund

A key to Voyager's performance success was less risk.

  • No one stock has accounted for more than 6% of the fund's performance ... so it's been very broad-based.

— Nick Thakore, Portfolio Manager

Globe - Nick Thakore named manager of the yearIn highlighting how Portfolio Manager Nick Thakore's skillful stock picking produced outstanding results for Putnam Voyager Fund in 2009, Steven Syre of The Boston Globe notes that "it wasn't a few huge home runs that led the fund to beat the competition." Get the article (PDF)

Top 10 Holdings of the Voyager Fund as of 8/31/09

Lipper Rankings for Large-Cap Growth Funds as of 8/31/09
Lipper rankings for class A shares are based on total return without sales charge relative to all share classes of funds with similar objectives as determined by Lipper. Past performance is not indicative of future results.

Annualized total return performance

Nick Thakore's disciplined risk-conscious approach to investing
  • A focus on fundamental research to find rapidly growing companies
  • Limited concentrations in any one sector of the market
  • A preference for stocks with compelling valuations
About Nick Thakore

Understanding growth

Portolio Manager Nick Thakore discusses his peer-beating approach and why he’s constructive on the stock market in 2010.

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Current performance may be lower or higher than the quoted past performance, which cannot guarantee future results. Share price, principal value, and return will vary, and you may have a gain or a loss when you sell your shares. Performance of class A shares is shown before sales charge, assumes reinvestment of distributions, and does not account for taxes. Had the 5.75% sales charge been reflected, returns would have been lower. For a portion of the period, this fund may have limited expenses, without which returns would have been lower. A 1% short-term trading fee may apply. For the most recent month-end performance, visit http://www.putnam.com/funds/voyager.htm.

Recent performance benefited from receipt of an Enron Class Action Settlement pertaining to investments made prior to 2002.

Russell 1000 Growth Index is an unmanaged index of those companies in the large-cap Russell 1000 Index chosen for their growth orientation. You cannot invest directly in an index.

Consider these risks before investing: The fund invests some or all of its assets in small and/or midsize companies. Such investments increase the risk of greater price fluctuations. Stocks with above-average earnings may be more volatile, especially if earnings do not continue to grow.

Investors should carefully consider the investment objectives, risks, charges, and expenses of a fund before investing. For a prospectus, or a summary prospectus if available, containing this and other information for any Putnam fund or product, contact your financial representative, call Putnam at 1-888-4-PUTNAM (1-888-478-8626), or click on the prospectus section to view or download a prospectus. Please read the prospectus carefully before investing.

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