Ms. Cavanaugh is a Portfolio Manager and an Analyst in the Equity Research group, focusing on the global financial and U.S. health-care sectors. She is a Portfolio Manager of Putnam Focused Equity Fund and Putnam Research Fund. As an Analyst, Ms. Cavanaugh is responsible for conducting fundamental analysis, developing insights on material sustainability issues, assessing valuations, and making buy/sell recommendations for companies in the global investment banking, global brokerage and insurance, alternative asset management, and managed care industries. She joined Putnam in 2011 and has been in the investment industry since 1995.