Putnam Hartford Capital Manager

Putnam Growth and Income Subaccount

The subaccount seeks capital growth and current income.

  • Highlights
  • Holdings

Fund Description

The subaccount pursues growth and income by employing a value-based strategy. It targets attractively priced stocks of large, dividend-paying companies whose performance potential appears to be changing for the better. Holdings are broadly diversified across industry sectors.

Sales Story

Seeking growth and income from attractively valued, dividend-paying companiesGrowth and income: The fund pursues a combination of growth and income primarily from American blue-chip companies.A value strategy: The fund focuses on large and midsize companies whose stocks are priced below their long-term potential, and where there may be a catalyst for positive change.A rigorous process: The fund's experienced portfolio manager uses a combination of fundamental and quantitative investment research to find opportunities and manage risk.

Management team

‡ Lipper Ranking as of 04/30/16

Category: Large-Cap Value Funds

  Percentile ranking Rank/Funds in category
10 yrs. 85% 77/90
1 yr. 92% 114/123
3 yrs. 77% 91/118
5 yrs. 70% 78/111

Risk Characteristics as of 04/30/16

Alpha (%) -2.64
Beta 1.06
R Squared 0.97
Standard Deviation (3 yrs.) 12.18

Variable annuities are long-term investments designed for retirement purposes. Withdrawals prior to age 59 1/2 may be subject to a 10% IRS penalty.The use of derivatives involves additional risks, such as the potential inability to terminate or sell derivatives positions and the potential failure of the other party to the instrument to meet its obligations.Although value investing targets stocks believed to be priced too low, there is no guarantee they will appreciate.

You can lose money by investing in a fund. Any given fund may not achieve its goal, and is not intended as a complete investment program. All funds have risk. The value and/or returns of a portfolio will fluctuate with market conditions. You may have more or less than the original amount invested when you redeem your shares.