Small Cap Growth Fund (PNSAX)
Seeking to capitalize on growing small companies
Pam Gao
(investing since 1993)
Summary
Fund price |
Yesterday's close | 52-week high | 52-week low |
|---|---|---|---|
| Net asset value |
$30.38
-0.39% ( $-0.12 ) |
$30.56
(03/04/14) |
$21.02
(04/18/13) |
Seeking to capitalize on growing small companies
- Small companies: Often overlooked by Wall Street analysts, the stocks of small companies can represent attractive opportunities to firms with strong research capabilities.
- A focus on growth: Small companies tend to be flexible and innovative, and can often expand their earnings at faster rates than larger companies.
- Rigorous research: Using intensive fundamental research, the portfolio manager seeks to uncover companies with the opportunity for strong growth.
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 loss when you sell your shares. To obtain the most recent month-end performance, visit putnam.com.
Performance assumes reinvestment of distributions and does not account for taxes. Returns before sales charge do not reflect the current maximum sales charges as indicated below. Had the sales charge been reflected, returns would be lower. Returns at public offering price (after sales charge) for class A and class M shares reflect the current maximum initial sales charges of 5.75% and 3.50% for equity funds and Putnam Absolute Return 500 Fund and 700 Fund, and 4.00% and 3.25% for income funds (1.00% and 0.75% for Putnam Floating Rate Income Fund, Putnam Absolute Return 100 Fund and 300 Fund, and Putnam Short-Term Municipal Income Fund), respectively. Class B share returns reflect the applicable contingent deferred sales charge (CDSC), which is 5% in the first year, declining to 1% in the sixth year, and is eliminated thereafter (except for Putnam Floating Rate Income Fund, Putnam Absolute Return 100 Fund and 300 Fund, and Putnam Short-Term Municipal Income Fund, which is 1% in the first year, declining to 0.5% in the second year, and is eliminated thereafter). Class C shares reflect a 1% CDSC the first year that is eliminated thereafter. Performance for class B, C, M, R, T, and Y shares prior to their inception is derived from the historical performance of class A shares, adjusted for the applicable sales charge (or CDSC) and, except for class Y shares, the higher operating expenses for such shares (with the exception of Putnam Tax-Free High Yield Fund and Putnam AMT-Free Municipal Fund, which are based on the historical performance of class B shares). Performance for Class R5/R6 shares before their inception are derived from the historical performance of class Y shares, which have not been adjusted for the lower expenses; had they, returns would have been higher. Class A, M, and T shares of Putnam money market funds have no initial sales charge. For a portion of the period, some funds had expenses limitations or had been sold on a limited basis with limited assets and expenses, without which returns would be lower.
Objective
The fund seeks capital appreciation.
Fund facts as of 02/28/14
| Fiscal year end | June |
|---|---|
| Asset Class | Growth |
| Inception date | 12/31/97 |
| Total net assets | $167.29M |
| Dividend frequency | Annually |
| Number of holdings | 269 |
| Open to new investors | |
| CUSIP | 746763549 |
| Fund code | 0052 |
| Turnover (fiscal year end) | 141% |
| Ticker | PNSAX |
Literature
- Prospectuses/SAI
- Fact Sheet (PDF)
- Annual Fund Report (PDF)
- Semiannual Fund Report (PDF)
- Equity Outlook (PDF)
Related topics
Performance
Total return (%) as of 12/31/13
| Annualized performance | 1 yr. | 3 yrs. | 5 yrs. | 10 yrs. |
|---|---|---|---|---|
| Before sales charge | 47.55% | 17.47% | 21.27% | 7.43% |
| After sales charge | 39.07% | 15.18% | 19.84% | 6.80% |
| Russell 2000 Growth Index | 43.30% | 16.82% | 22.58% | 9.41% |
| Cumulative performance | 1 yr. | 3 yrs. | 5 yrs. | 10 yrs. |
|---|---|---|---|---|
| Before sales charge | 47.55% | 62.11% | 162.31% | 104.83% |
| After sales charge | 39.07% | 52.79% | 147.23% | 93.05% |
Annual performance as of 12/31/13
| 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Before sales charge | 16.58% | 8.52% | 5.61% | 2.82% | -43.16% | 26.30% | 28.12% | -3.87% | 14.29% | 47.55% |
| Russell 2000 Growth Index | 14.31% | 4.15% | 13.35% | 7.05% | -38.54% | 34.47% | 29.09% | -2.91% | 14.59% | 43.30% |
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 loss when you sell your shares. To obtain the most recent month-end performance, visit putnam.com.
Performance assumes reinvestment of distributions and does not account for taxes. Returns before sales charge do not reflect the current maximum sales charges as indicated below. Had the sales charge been reflected, returns would be lower. Returns at public offering price (after sales charge) for class A and class M shares reflect the current maximum initial sales charges of 5.75% and 3.50% for equity funds and Putnam Absolute Return 500 Fund and 700 Fund, and 4.00% and 3.25% for income funds (1.00% and 0.75% for Putnam Floating Rate Income Fund, Putnam Absolute Return 100 Fund and 300 Fund, and Putnam Short-Term Municipal Income Fund), respectively. Class B share returns reflect the applicable contingent deferred sales charge (CDSC), which is 5% in the first year, declining to 1% in the sixth year, and is eliminated thereafter (except for Putnam Floating Rate Income Fund, Putnam Absolute Return 100 Fund and 300 Fund, and Putnam Short-Term Municipal Income Fund, which is 1% in the first year, declining to 0.5% in the second year, and is eliminated thereafter). Class C shares reflect a 1% CDSC the first year that is eliminated thereafter. Performance for class B, C, M, R, T, and Y shares prior to their inception is derived from the historical performance of class A shares, adjusted for the applicable sales charge (or CDSC) and, except for class Y shares, the higher operating expenses for such shares (with the exception of Putnam Tax-Free High Yield Fund and Putnam AMT-Free Municipal Fund, which are based on the historical performance of class B shares). Performance for Class R5/R6 shares before their inception are derived from the historical performance of class Y shares, which have not been adjusted for the lower expenses; had they, returns would have been higher. Class A, M, and T shares of Putnam money market funds have no initial sales charge. For a portion of the period, some funds had expenses limitations or had been sold on a limited basis with limited assets and expenses, without which returns would be lower.
Performance snapshot
| Before sales charge | After sales charge | |
|---|---|---|
| 1 mt. | 4.53 % | -1.48 % |
| as of 02/28/14 | ||
| YTD | 4.04 % | -1.94 % |
| as of 03/10/14 | ||
Lipper rankings as of 01/31/14
| Small-Cap Growth | Percentile ranking | Rank/Funds in category |
|---|---|---|
| 1 yr. | 29% | 144/513 |
| 3 yrs. | 38% | 171/457 |
| 5 yrs. | 62% | 248/400 |
| 10 yrs. | 83% | 222/268 |
Morningstar ratings as of 01/31/14
| Small Growth | Rating | Number of funds in category |
|---|---|---|
| Overall | 2 | (630) |
| 3 yrs. | 3 | (630) |
| 5 yrs. | 2 | (553) |
| 10 yrs. | 2 | (370) |
Volatility as of 01/31/14
| Standard deviation (3 yrs.) | 18.41% |
|---|---|
| Beta | 1.05 |
| R-squared | 0.97 |
Risk-adjusted performance as of 01/31/14
| Alpha (3 yrs.) | -0.87 |
|---|---|
| Sharpe ratio (3 yrs.) | 0.88 |
| Treynor ratio (3 yrs.) | 15.48 |
| Information ratio (3 yrs.) | -0.02 |
Capture ratio as of 01/31/14
| Up-market (3 yrs.) | 102.17 |
|---|---|
| Down-market (3 yrs.) | 104.04 |
Lipper rankings 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.
For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its 3-, 5-, and 10-year (if applicable) Morningstar Rating metrics. Data is historical. Past performance is no guarantee of future results.
The up-market capture ratio is used to evaluate how well an investment manager performed relative to an index during periods when that index has risen. The ratio is calculated by dividing the manager’s returns by the returns of the index during the up-market, and multiplying that factor by 100. The down-market capture ratio is used to evaluate how well an investment manager performed relative to an index during periods when that index has dropped. The ratio is calculated by dividing the manager’s returns by the returns of the index during the down-market and multiplying that factor by 100.
Holdings
Top 10 holdings as of 01/31/14
| Jazz Pharmaceuticals | 2.61% |
|
|---|---|---|
| Cubist Pharmaceuticals | 1.24% |
|
| Echostar Corp | 1.24% |
|
| Manhattan Associates | 1.13% |
|
| Itt Educational Services | 1.04% |
|
| Franklin Electric | 0.93% |
|
| Ultimate Software Group The | 0.87% |
|
| Tyler Technologies | 0.85% |
|
| Calamp Corp | 0.84% |
|
| Hff | 0.83% |
|
| Top 10 holdings, percent of portfolio | 11.58% |
|
Full portfolio holdings as of 12/31/13
| JAZZ PHARMACEUTICALS PLC | 2.13 % |
|---|---|
| ECHOSTAR CORP-A | 1.28 % |
| CUBIST PHARMACEUTICALS INC | 1.14 % |
| TREX COMPANY INC | 1.13 % |
| FRANKLIN ELECTRIC CO INC | 1.02 % |
| ITT EDUCATIONAL SERVICES INC | 0.98 % |
| ULTIMATE SOFTWARE GROUP INC | 0.97 % |
| MANHATTAN ASSOCIATES INC | 0.96 % |
| GENERAC HOLDINGS INC | 0.91 % |
| TRUEBLUE INC | 0.80 % |
| TYLER TECHNOLOGIES INC | 0.80 % |
| ON ASSIGNMENT INC | 0.79 % |
| CALAMP CORP | 0.78 % |
| KAR AUCTION SERVICES INC | 0.77 % |
| GREATBATCH INC | 0.76 % |
| STAAR SURGICAL CO | 0.74 % |
| HFF INC-CLASS A | 0.73 % |
| SWIFT TRANSPORTATION CO | 0.73 % |
| CHEMTURA CORP | 0.71 % |
| GENMARK DIAGNOSTICS INC | 0.71 % |
| PAPA JOHN S INTL | 0.71 % |
| TRIMAS CORP | 0.71 % |
| PRESTIGE BRANDS HOLDINGS INC | 0.70 % |
| BARRETT BUSINESS SVCS INC | 0.69 % |
| WAGEWORKS INC | 0.69 % |
| ENERSYS | 0.68 % |
| CHART INDUSTRIES INC | 0.66 % |
| MENTOR GRAPHICS CORP | 0.65 % |
| MWI VETERINARY SUPPLY INC | 0.65 % |
| DELEK US HOLDINGS INC | 0.64 % |
| ALPHA NATURAL RESOURCES INC | 0.63 % |
| ASPEN TECHNOLOGY INC | 0.63 % |
| AZZ INC | 0.63 % |
| CONMED CORP | 0.62 % |
| CORE-MARK HOLDING CO INC | 0.60 % |
| SS&C TECHNOLOGIES HOLDINGS | 0.60 % |
| DXP ENTERPRISES INC | 0.59 % |
| INNOSPEC INC | 0.59 % |
| LIN MEDIA LLC - A | 0.57 % |
| SPIRIT AIRLINES INC | 0.57 % |
| ACTUATE CORP | 0.56 % |
| DESTINATION MATERNITY CORP | 0.55 % |
| GREENBRIER COMPANIES INC | 0.55 % |
| INTRALINKS HOLDINGS INC | 0.55 % |
| ACXIOM CORP | 0.54 % |
| CARMIKE CINEMAS INC | 0.54 % |
| CHEMED CORP | 0.52 % |
| PTC INC | 0.51 % |
| SINCLAIR BROADCAST GROUP -A | 0.51 % |
| WELLCARE HEALTH PLANS INC | 0.51 % |
| CON-WAY INC | 0.50 % |
| ENCORE CAPITAL GROUP INC | 0.50 % |
| ENDO HEALTH SOLUTIONS INC | 0.50 % |
| QUALITY DISTRIBUTION INC | 0.50 % |
| STEALTHGAS INC | 0.50 % |
| VOXX INTERNATIONAL CORP | 0.50 % |
| BOFI HOLDING INC | 0.49 % |
| CORNERSTONE ONDEMAND INC | 0.49 % |
| RETAILMENOT INC | 0.49 % |
| SAFEGUARD SCIENTIFICS INC | 0.49 % |
| STANDEX INTERNATIONAL CORP | 0.49 % |
| ALTRA INDUSTRIAL MOTION CORP | 0.47 % |
| ANIXTER INTERNATIONAL INC | 0.47 % |
| ALKERMES PLC | 0.46 % |
| BLUCORA INC | 0.46 % |
| BRIGHT HORIZONS FAMILY SOLUT | 0.46 % |
| LSB INDUSTRIES INC | 0.46 % |
| COMMVAULT SYSTEMS INC | 0.45 % |
| CREDIT ACCEPTANCE CORP | 0.45 % |
| EAGLE BANCORP INC | 0.45 % |
| HSN INC | 0.44 % |
| BRUNSWICK CORP | 0.43 % |
| INSULET CORP | 0.43 % |
| PS BUSINESS PARKS INC/CA | 0.43 % |
| SILICON IMAGE INC | 0.43 % |
| SPARTON CORP | 0.43 % |
| TILE SHOP HLDGS INC | 0.43 % |
| XO GROUP INC | 0.43 % |
| PHOTRONICS INC | 0.42 % |
| WORLD FUEL SERVICES CORP | 0.42 % |
| INSYS THERAPEUTICS INC | 0.41 % |
| KODIAK OIL & GAS CORP | 0.41 % |
| MEDICINES COMPANY | 0.41 % |
| FOSTER (LB) CO-A | 0.40 % |
| SOLARWINDS INC | 0.40 % |
| SONIC AUTOMOTIVE INC-CLASS A | 0.40 % |
| VERINT SYSTEMS INC | 0.40 % |
| AUXILIUM PHARMACEUTICALS INC | 0.39 % |
| FUTUREFUEL CORP | 0.39 % |
| HARBINGER GROUP INC | 0.39 % |
| NPS PHARMACEUTICALS INC | 0.39 % |
| PENN NATIONAL GAMING INC | 0.39 % |
| PORTFOLIO RECOVERY ASSOCIATE | 0.39 % |
| PROVIDENCE SERVICE CORP | 0.39 % |
| STERIS CORP | 0.39 % |
| TENNECO INC | 0.39 % |
| VAIL RESORTS INC | 0.39 % |
| ASTRONICS CORP | 0.38 % |
| BRIGHTCOVE | 0.38 % |
| RF MICRO DEVICES INC | 0.38 % |
| ALERE INC | 0.37 % |
| FEI COMPANY | 0.37 % |
| HEICO CORP | 0.37 % |
| HILL-ROM HOLDINGS INC | 0.37 % |
| LANDEC CORP | 0.37 % |
| ROUNDY'S INC | 0.37 % |
| UBIQUITI NETWORKS INC | 0.37 % |
| ALIGN TECHNOLOGY INC | 0.36 % |
| ANN INC | 0.36 % |
| BEACON ROOFING SUPPLY INC | 0.36 % |
| CORPORATE EXECUTIVE BOARD CO | 0.36 % |
| GLOBAL CASH ACCESS HOLDINGS | 0.36 % |
| MAGNACHIP SEMICONDUCT | 0.36 % |
| QUESTCOR PHARMACEUTICALS | 0.36 % |
| RYLAND GROUP INC/THE | 0.36 % |
| TRINITY BIOTECH PLC-SPON ADR | 0.36 % |
| UNITED NATURAL FOODS INC | 0.36 % |
| HORSEHEAD HOLDING CORP | 0.35 % |
| SALIX PHARMACEUTICALS LTD | 0.35 % |
| STEWART INFORMATION SERVICES | 0.35 % |
| RUCKUS WIRELESS INC | 0.34 % |
| TECH DATA CORP | 0.34 % |
| ACADIA PHARMACEUTICALS INC | 0.33 % |
| II-VI INC | 0.33 % |
| MEDASSETS INC | 0.33 % |
| MINE SAFETY APPLIANCES CO | 0.33 % |
| NETSCOUT SYSTEMS INC | 0.33 % |
| PACWEST BANCORP | 0.33 % |
| SYNAPTICS INC | 0.33 % |
| AMSURG CORP | 0.32 % |
| BLUE NILE INC | 0.32 % |
| GLOBUS MEDICAL INC - A | 0.32 % |
| HAEMONETICS CORP/MASS | 0.32 % |
| WESCO INTERNATIONAL INC | 0.32 % |
| ACCURAY INC | 0.31 % |
| BRADY CORPORATION - CL A | 0.31 % |
| CEVA INC | 0.31 % |
| HERITAGE FINANCIAL GROUP INC | 0.31 % |
| IMPAX LABORATORIES INC | 0.31 % |
| KFORCE INC | 0.31 % |
| BALLY TECHNOLOGIES INC | 0.30 % |
| BIG LOTS INC | 0.30 % |
| BROWN SHOE COMPANY INC | 0.30 % |
| CALLON PETROLEUM CO | 0.30 % |
| INFOBLOX INC | 0.30 % |
| KADANT INC | 0.30 % |
| MTS SYSTEMS CORP | 0.30 % |
| OPENTABLE INC | 0.30 % |
| THIRD POINT REINSURANCE LTD | 0.30 % |
| TOWN SPORTS INTERNATIONAL | 0.30 % |
| NIC INC | 0.29 % |
| ARIAD PHARMACEUTICALS INC | 0.28 % |
| IDT CORP-CLASS B | 0.28 % |
| KEY ENERGY SERVICES INC | 0.28 % |
| LUMBER LIQUIDATORS HOLDINGS | 0.28 % |
| OMNIVISION TECHNOLOGIES INC | 0.28 % |
| POOL CORP | 0.28 % |
| PROCERA NETWORKS INC | 0.28 % |
| ROSETTA RESOURCES INC | 0.28 % |
| CIRRUS LOGIC INC | 0.27 % |
| GENESCO INC | 0.27 % |
| INNOPHOS HOLDINGS INC | 0.27 % |
| MAGELLAN HEALTH SERVICES INC | 0.27 % |
| MAXIMUS INC | 0.27 % |
| MICROSEMI CORP | 0.27 % |
| TIVO INC | 0.27 % |
| DEXCOM INC | 0.26 % |
| GREENHILL & CO INC | 0.26 % |
| INTEGRATED SILICON SOLUTION | 0.26 % |
| INTELIQUENT INC | 0.26 % |
| MELLANOX TECHNOLOGIES LTD | 0.26 % |
| ZEP INC | 0.26 % |
| EDUCATION REALTY TRUST INC | 0.25 % |
| SELECT COMFORT CORPORATION | 0.25 % |
| THORATEC CORP | 0.25 % |
| VALUECLICK INC | 0.25 % |
| W&T OFFSHORE INC | 0.25 % |
| AFC ENTERPRISES | 0.24 % |
| CYBERONICS INC | 0.24 % |
| INCYTE CORP | 0.24 % |
| ISIS PHARMACEUTICALS INC | 0.24 % |
| REPLIGEN CORP | 0.24 % |
| SHORETEL INC | 0.24 % |
| SOVRAN SELF STORAGE INC | 0.24 % |
| SUCAMPO PHARMACEUTICALS-CL A | 0.24 % |
| ATHENAHEALTH INC | 0.23 % |
| FAIRCHILD SEMICONDUCTOR INTE | 0.23 % |
| HAWAIIAN HOLDINGS INC | 0.23 % |
| NAVISTAR INTERNATIONAL CORP | 0.23 % |
| CENTENE CORP | 0.22 % |
| HAIN CELESTIAL GROUP INC | 0.22 % |
| MARCUS CORPORATION | 0.22 % |
| S&W SEED CO | 0.22 % |
| SILICON GRAPHICS INTERNATION | 0.22 % |
| ARRIS GROUP INC | 0.21 % |
| BOTTOMLINE TECHNOLOGIES (DE) | 0.21 % |
| DIANA SHIPPING INC | 0.21 % |
| GRAND CANYON EDUCATION INC | 0.21 % |
| NANOSPHERE INC | 0.21 % |
| PERRY ELLIS INTERNATIONAL | 0.21 % |
| RUBY TUESDAY INC | 0.21 % |
| SCIQUEST INC | 0.21 % |
| VERIFONE SYSTEMS INC | 0.21 % |
| CSG SYSTEMS INTL INC | 0.20 % |
| PIER 1 IMPORTS INC | 0.20 % |
| THE GEO GROUP INC | 0.20 % |
| THRESHOLD PHARMACEUTICALS | 0.20 % |
| ZYNGA INC - CL A | 0.20 % |
| ARRAY BIOPHARMA INC | 0.19 % |
| ASCENT CAPITAL GROUP INC-A | 0.19 % |
| COMPUTER PROGRAMS & SYSTEMS | 0.19 % |
| INCONTACT INC | 0.19 % |
| KOPPERS HOLDINGS INC | 0.19 % |
| LIFELOCK INC | 0.19 % |
| DFC GLOBAL CORP | 0.18 % |
| GULFPORT ENERGY CORP | 0.18 % |
| LA-Z-BOY INC | 0.18 % |
| MATSON INC | 0.18 % |
| NEWLINK GENETICS CORP | 0.18 % |
| ORASURE TECHNOLOGIES INC | 0.18 % |
| STEVEN MADDEN LTD | 0.18 % |
| VOCUS INC | 0.18 % |
| BUCKLE INC/THE | 0.17 % |
| CORESITE REALTY CORP | 0.17 % |
| MEN S WEARHOUSE | 0.17 % |
| NXSTAGE MEDICAL INC | 0.17 % |
| PLANTRONICS INC | 0.17 % |
| REPUBLIC AIRWAYS HOLDINGS IN | 0.17 % |
| SHUTTERFLY INC | 0.17 % |
| VAALCO ENERGY INC | 0.17 % |
| ABAXIS INC | 0.16 % |
| AEGERION PHARMACEUTICALS INC | 0.16 % |
| ARUBA NETWORKS INC | 0.16 % |
| CAVIUM INC | 0.16 % |
| CROCS INC | 0.16 % |
| BIOSPECIFICS TECHNOLOGIES | 0.15 % |
| POLYPORE INTERNATIONAL INC | 0.15 % |
| SODASTREAM INTERNATIONAL LTD | 0.15 % |
| TRONOX LTD-CL A | 0.15 % |
| BOULDER BRANDS INC | 0.14 % |
| CALIX INC | 0.14 % |
| FIVE BELOW | 0.14 % |
| G & K SERVICES INC -CL A | 0.14 % |
| HEALTHSOUTH CORP | 0.14 % |
| SEARS HOMETOWN AND OUTLET ST | 0.14 % |
| SEMTECH CORP | 0.14 % |
| SEQUENOM INC | 0.14 % |
| AVG TECHNOLOGIES | 0.13 % |
| IRIDIUM COMMUNICATIONS INC | 0.13 % |
| RECEPTOS INC | 0.13 % |
| UNITED THERAPEUTICS CORP | 0.13 % |
| US ECOLOGY INC | 0.13 % |
| QLIK TECHNOLOGIES INC | 0.12 % |
| SWIFT ENERGY CO | 0.12 % |
| LOUISIANA-PACIFIC CORP | 0.10 % |
| TEARLAB CORP | 0.10 % |
| BROADSOFT INC | 0.09 % |
| LEXICON PHARMACEUTICALS INC | 0.09 % |
| PDL BIOPHARMA INC | 0.09 % |
| RINGCENTRAL INC-CLASS A | 0.07 % |
| ZULILY INC - CL A | 0.06 % |
| ANGIE'S LIST INC | 0.05 % |
| GT ADVANCED TECHNOLOGIES INC | 0.05 % |
| EXACT SCIENCES CORP | 0.04 % |
| CONATUS PHARMACEUTICALS INC | 0.03 % |
| HONG KONG DOLLAR CALL ACCOUNT | 0.00 % |
Prior top 10 holdings
| Top 10 holdings as of 01/31/14 |
|---|
| Jazz Pharmaceuticals |
| Cubist Pharmaceuticals |
| Echostar Corp |
| Manhattan Associates |
| Itt Educational Services |
| Franklin Electric |
| Ultimate Software Group The |
| Tyler Technologies |
| Calamp Corp |
| Hff |
| Holdings represent 11.58% of portfolio |
| Top 10 holdings as of 12/31/13 |
|---|
| Jazz Pharmaceuticals |
| Echostar Corp |
| Cubist Pharmaceuticals |
| Trex |
| Franklin Electric |
| Itt Educational Services |
| Ultimate Software Group The |
| Manhattan Associates |
| Generac Holdings |
| Trueblue |
| Holdings represent 11.32% of portfolio |
| Top 10 holdings as of 11/30/13 |
|---|
| Jazz Pharmaceuticals |
| Gentium Spa |
| Echostar Corp |
| Cubist Pharmaceuticals |
| Itt Educational Services |
| Trex |
| Franklin Electric |
| Ultimate Software Group The |
| Manhattan Associates |
| Generac Holdings |
| Holdings represent 12.22% of portfolio |
| Top 10 holdings as of 10/31/13 |
|---|
| Gentium Spa |
| Viropharma |
| Jazz Pharmaceuticals |
| Echostar Corp |
| Itt Educational Services |
| Cubist Pharmaceuticals |
| Trex |
| Ultimate Software Group The |
| Manhattan Associates |
| Franklin Electric |
| Holdings represent 12.68% of portfolio |
Portfolio composition as of 01/31/14
| Common stock | 98.74% |
|
|---|---|---|
| Cash and net other assets | 1.26% |
|
Equity statistics as of 01/31/14
| Median market cap | $1.37B |
|---|---|
| Weighted average market cap | $2.10B |
| Price to book | 2.85 |
| Price to earnings | 13.69 |
Top Industry Sectors as of 01/31/14
| Health care | 26.15% |
|---|---|
| Information technology | 23.63% |
| Industrials | 18.27% |
| Consumer discretionary | 14.64% |
| Financials | 5.97% |
| Energy | 3.91% |
| Materials | 3.61% |
| Consumer staples | 1.60% |
| Cash and net other assets | 1.26% |
| 0.96% |
| Telecommunication services | 0.96% |
|---|
0
The unclassified sector (where applicable) includes exchange traded funds and other securities not able to be classified by sector.
Sectors will vary over time. Represents the equity portion of the portfolio.
Fund characteristics will vary over time.
Due to rounding, percentages may not equal 100%.
Expenses
Expense ratio |
Class A | Class B | Class C | Class M | Class R | Class Y |
|---|---|---|---|---|---|---|
| Total expense ratio | 1.25% | 1.25% | 2.00% | 1.75% | 1.50% | 1.00% |
| What you pay | 1.25% | 1.25% | 2.00% | 1.75% | 1.50% | 1.00% |
Sales charge
| Investment Breakpoint | Class A | Class B | Class C | Class M | Class R | Class Y |
|---|---|---|---|---|---|---|
| $0-$49,999 | 5.75% | -- | -- | 3.50% | -- | -- |
| $50,000-$99,999 | 4.50% | -- | -- | 2.50% | -- | -- |
| $100,000-$249,999 | 3.50% | -- | -- | 1.50% | -- | -- |
| $250,000-$499,999 | 2.50% | -- | -- | 1.00% | -- | -- |
| $500,000-$999,999 | 2.00% | -- | -- | 1.00% | -- | -- |
| $1M-$4M | -- | -- | -- | -- | -- | -- |
| $4M-$50M | -- | -- | -- | -- | -- | -- |
| $50M+ | -- | -- | -- | -- | -- | -- |
CDSC
|
Class A
(sales for $1,000,000+) |
Class B | Class C | Class M | Class R | Class Y | |
|---|---|---|---|---|---|---|
| 0 to 9 mts. | 1.00% | 5.00% | 1.00% | -- | -- | -- |
| 9 to 12 mts. | -- | 5.00% | 1.00% | -- | -- | -- |
| 2 yrs. | -- | 4.00% | -- | -- | -- | -- |
| 3 yrs. | -- | 3.00% | -- | -- | -- | -- |
| 4 yrs. | -- | 3.00% | -- | -- | -- | -- |
| 5 yrs. | -- | 2.00% | -- | -- | -- | -- |
| 6 yrs. | -- | 1.00% | -- | -- | -- | -- |
| 7+ yrs. | -- | -- | -- | -- | -- | -- |
The Russell 2000 Growth Index is an unmanaged index of those companies in the small-cap Russell 2000 Index chosen for their growth orientation. Securities in the fund do not match those in the index and performance of the fund will differ. It is not possible to invest directly in an index.
Consider these risks before investing: Investments in small and/or midsize companies increase the risk of greater price fluctuations. Growth stocks may be more susceptible to earnings disappointments, and the market may not favor growth-style investing. Stock prices may fall or fail to rise over time for several reasons, including general financial market conditions and factors related to a specific issuer or industry. You can lose money by investing in the fund.
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.