Putnam Hartford Capital Manager
Putnam Growth and Income Subaccount
The subaccount seeks capital growth and current income. (Closed to new investors)
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.
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.
- Walter D. Scully, CPA (Investing since 1996)
- Darren A. Jaroch, CFA (Investing since 1996)
Lipper ranking ‡ as of 02/28/17
Category: Large-Cap Value Funds
|Percentile ranking||Rank/Funds in category|
Risk Characteristics as of 02/28/17
|Standard deviation (3 yrs.)||11.32|
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.