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. Performance assumes reinvestment of distributions and does not account for taxes. The "before sales charge" performance does not reflect the current maximum sales charges, which we explain below. If performance did reflect the charges, it would be lower. The "after sales charge" performance (or returns at public offering price) varies by share class and fund. For class A and class M shares, the current maximum initial sales charges are 5.75% and 3.50% for equity funds and 4.00% and 3.25% for income funds, respectively (with these exceptions: 2.25% for class A of Putnam Floating Rate Income Fund, Short-Term Municipal Income, Short Duration Bond Fund, and Fixed Income Absolute Return Fund). Class B share performance reflects the applicable contingent deferred sales charge (CDSC), which is 5% in the first year, declines to 1% in the sixth year, and is eliminated thereafter (except for Putnam Floating Rate Income Fund, Putnam Short Duration Bond Fund, and Putnam Fixed Income Absolute Return Fund; for these funds, the CDSC is 1% in the first year, declines to 0.5% in the second year, and is eliminated thereafter). Class C share performance reflects a 1% CDSC the first year that is eliminated thereafter. Performance for class B, C, M, N, R, and Y shares prior to their inception is derived from the historical performance of class A shares by adjusting for the applicable sales charge (or CDSC) and, except for class Y shares, the higher operating expenses for such shares (note, for two funds — Putnam Tax-Free High Yield Fund and Putnam Strategic Intermediate Municipal Fund performance prior to inception is based on the historical performance of class B shares). Performance for class A, C, R6, and Y shares of Putnam Mortgage Opportunities Fund before their inception is derived from the historical performance of class I shares, which has been adjusted for the applicable sales charge (or CDSC) and the higher operating expenses for such shares. The "after sales charge" performance (at public offering price) for class N shares reflects the current maximum initial sales charge of 1.50%. Class R, R3, R4, R5, and R6 shares, which are available to qualified employee-benefit plans only, are sold without an initial sales charge and have no CDSC. Class Y shares are generally only available for corporate and institutional clients and have no initial sales charge. Performance for class R3 and R4 shares prior to their inception is derived from the historical performance of class Y shares by adjusting for the higher operating expenses for such shares. Performance for class R5 shares before their inception is derived from the historical performance of class Y shares, which has not been adjusted for the lower expenses; had it been adjusted, performance would be higher (with the exception of the RetirementReady Maturity, 2025, 2030, 2035, and 2040 Funds, for which performance is derived from the historical performance of class R6 shares and has been adjusted for the higher operating expenses for such shares; and the RetirementReady 2045, 2050, 2055, and 2060 Funds, for which performance is derived from the historical performance of class R6 shares and has not been adjusted for the lower expenses; had it been adjusted, performance would be higher). Performance for class R6 shares before their inception is derived from the historical performance of class Y shares, which has not been adjusted for the lower operating expenses; had it been adjusted, performance would be higher. For a portion of the period, some funds had expenses limitations or had been sold on a limited basis with limited assets and expenses. Had these limits not been in place, performance would be lower.
Active Equities
Multi-Cap Core Fund (Class Y) (PMYYX)
Seeking opportunities across a wide range of stocks
Find out how an active core strategy can benefit equity investors.
Portfolio Managers, Gerard P. Sullivan and Arthur Yeager believe Putnam's active approach to investing in the multi-cap core universe offers many benefits. Here's why we think investors should consider this approach.
Read moreHighlights
Objective
The fund seeks capital appreciation.
Strategy and process
- "Go anywhere" approach The fund invests in stocks of U.S. companies of all sizes and has the flexibility to own both growth and value stocks.
- A disciplined process The portfolio managers use a disciplined, fundamental investment process with three buckets of idea generation: legacy companies, smart-money indicators, and special situations.
- Research focus Backed by an Equity Research team, the portfolio managers use their stock-picking expertise to identify opportunities and manage risk.
Fund price |
Yesterday’s close | 52-week high | 52-week low |
|---|---|---|---|
| Net asset value |
$33.43
-1.65% | $-0.56 |
$38.91
11/16/21 |
$30.34
01/29/21 |
Fund facts as of 12/31/21
$3,616.34M
46%
Annually
108
April
74676P839 / 1876
09/24/10
Blend
PMYYX
Literature
Fund documents |
| Prospectuses/SAI |
| Fact Sheet (R6 share) (PDF) |
| Fact Sheet (YA share) (PDF) |
| Annual Fund Report (PDF) |
| Semiannual Fund Report (PDF) |
| The benefits of multi-cap investing (PDF) |
| White Paper: Integrated Insights (PDF) |
Finding growth potential in unexpected places
For franchised U.S. auto dealers, consolidation and the e-commerce imperative could mark the biggest changes to the industry’s structure, possibly ever.The equity bull market is intact
In our view, despite the elongated pandemic and fears about inflation, the bull market remains intact, supported by strong earnings growth and higher-than-expected P/E multiples applied to those earnings.Risk managers: Essential partners for delivering performance
A successful risk team is one that can analyze multiple measures of risk and work with investment teams before trades are executed to capture alpha.Performance
Consistency of positive performance over five years
Performance shown above does not reflect the effects of any sales charges. Click on the dots to see specific returns in each five-year period as of the date revealed. Note that returns of 0.00% are counted as positive periods. For complete fund performance, please see below.
19.73%
Best 5-year annualized return
(for period ending 06/30/21)
4.84%
Worst 5-year annualized return
(for period ending 03/31/20)
13.56%
Average 5-year annualized return
Total return (%) as of 12/31/21
Annual performance as of 12/31/21
Annualized Total return (%) as of 12/31/21
| Annualized performance | 1 yr. | 3 yrs. | 5 yrs. | 10 yrs. |
|---|---|---|---|---|
| Before sales charge | 30.75% | 26.79% | 18.41% | 17.26% |
| After sales charge | N/A | N/A | N/A | N/A |
| Russell 3000 Index | 25.66% | 25.79% | 17.97% | 16.30% |
Performance snapshot
| Before sales charge | After sales charge | ||
|---|---|---|---|
| 1 mt. as of 12/31/21 | 4.45% | - | |
| YTD as of 01/21/22 | -6.46% | - | |
Risk-adjusted performance as of 12/31/21
| Alpha (3 yrs.) | 0.04 |
|---|---|
| Sharpe ratio (3 yrs.) | 1.38 |
| Treynor ratio (3 yrs.) | 24.94 |
| Information ratio (3 yrs.) | 0.38 |
Volatility as of 12/31/21
| Standard deviation (3 yrs.) | 18.80% |
|---|---|
| Beta | 1.04 |
| R-squared | 0.98 |
Capture ratio as of 12/31/21
| Up-market (3 yrs.) | 105.16 |
|---|---|
| Down-market (3 yrs.) | 107.09 |
Lipper rankings as of 12/31/21
| Time period | Rank/Funds in category | Percentile ranking |
|---|---|---|
| 1 yr. | 58/641 | 10% |
| 3 yrs. | 78/583 | 14% |
| 5 yrs. | 70/509 | 14% |
| 10 yrs. | 14/342 | 5% |
Morningstar Ratings™ as of 12/31/21
| Time period | Funds in category | Morningstar Rating™ |
|---|---|---|
| Overall | 1244 | |
| 3 yrs. | 1244 | |
| 5 yrs. | 1109 | |
| 10 yrs. | 822 |
Distributions
| Record/Ex dividend date | 12/06/21 |
|---|---|
| Payable date | 12/08/21 |
| Income | $0.354 |
| Extra income | -- |
| Short-term cap. gain | $1.481 |
| Long-term cap. gain | $1.472 |
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.
The Morningstar RatingTM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product 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. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.
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
| Microsoft Corp | 8.03% |
|---|---|
| Apple | 7.74% |
| Alphabet | 3.92% |
| Amazon.Com | 3.50% |
| Bank Of America Corp | 3.32% |
| Meta Platforms | 1.96% |
| Berkshire Hathaway | 1.83% |
| Lowe'S Cos | 1.81% |
| UnitedHealth Group | 1.79% |
| Cisco Systems Delaware | 1.55% |
| Top 10 holdings, percent of portfolio | 35.45% |
| Top 10 holdings as of 12/31/21 | |
|---|---|
| Microsoft Corp | |
| Apple | |
| Alphabet | |
| Amazon.Com | |
| Bank Of America Corp | |
| Meta Platforms | |
| Berkshire Hathaway | |
| Lowe'S Cos | |
| UnitedHealth Group | |
| Cisco Systems Delaware | |
| Holdings represent 35.45% of portfolio | |
| Top 10 holdings as of 11/30/21 | |
|---|---|
| Microsoft Corp | |
| Apple | |
| Alphabet | |
| Amazon.Com | |
| Bank Of America Corp | |
| Meta Platforms | |
| Lowe'S Cos | |
| Berkshire Hathaway | |
| Target Corp | |
| UnitedHealth Group | |
| Holdings represent 35.80% of portfolio | |
| Top 10 holdings as of 10/31/21 | |
|---|---|
| Microsoft Corp | |
| Apple | |
| Alphabet | |
| Bank Of America Corp | |
| Amazon.Com | |
| Lowe'S Cos | |
| Meta Platforms | |
| Berkshire Hathaway | |
| Target Corp | |
| UnitedHealth Group | |
| Holdings represent 35.44% of portfolio | |
| Top 10 holdings as of 09/30/21 | |
|---|---|
| Microsoft Corp | |
| Apple | |
| Alphabet | |
| Amazon.Com | |
| Bank Of America Corp | |
| Lowe's | |
| Berkshire Hathaway | |
| Target Corp | |
| Walmart | |
| Holdings represent 35.17% of portfolio | |
| MICROSOFT CORP SEDOL 2588173 | 8.03% |
|---|---|
| APPLE INC SEDOL 2046251 | 7.74% |
| ALPHABET INC-CL C SEDOL BYY88Y7 | 3.92% |
| AMAZON.COM INC SEDOL 2000019 | 3.50% |
| BANK OF AMERICA CORP SEDOL 2295677 | 3.32% |
| E-MINI RUSS 2000 MAR22 RTYH2 | 2.53% |
| S&P500 EMINI FUT MAR22 ESH2 | 2.52% |
| META PLATFORMS INC-CLASS A SEDOL B7TL820 | 1.96% |
| BERKSHIRE HATHAWAY INC-CL B SEDOL 2073390 | 1.83% |
| LOWES COMPANIES INC | 1.81% |
| UNITEDHEALTH GROUP INC SEDOL 2917766 | 1.79% |
| CISCO SYSTEMS INC SEDOL 2198163 | 1.55% |
| JOHNSON & JOHNSON SEDOL 2475833 | 1.53% |
| TARGET CORP SEDOL 2259101 | 1.53% |
| UNION PACIFIC CORP SEDOL 2914734 | 1.49% |
| WALMART INC SEDOL 2936921 | 1.45% |
| MASTERCARD INC - A SEDOL B121557 | 1.44% |
| ABBVIE INC SEDOL B92SR70 | 1.40% |
| ORACLE CORP SEDOL 2661568 | 1.30% |
| PULTEGROUP INC SEDOL 2708841 | 1.24% |
| LAM RESEARCH CORP SEDOL 2502247 | 1.21% |
| GOLDMAN SACHS GROUP INC SEDOL 2407966 | 1.21% |
| HONEYWELL INTERNATIONAL INC SEDOL 2020459 | 1.16% |
| NVIDIA CORP SEDOL 2379504 | 1.10% |
| NORTHROP GRUMMAN CORP SEDOL 2648806 | 0.98% |
| OTIS WORLDWIDE CORP SEDOL BK531S8 | 0.97% |
| AMGEN INC SEDOL 2023607 | 0.97% |
| RAYTHEON TECHNOLOGIES CORP SEDOL BM5M5Y3 | 0.96% |
| GAMING AND LEISURE PROPERTIE SEDOL BFPK4S5 | 0.95% |
| CBRE GROUP INC - A SEDOL B6WVMH3 | 0.94% |
| KKR & CO INC SEDOL BG1FRR1 | 0.92% |
| MAGNA INTERNATIONAL INC SEDOL 2554549 | 0.88% |
| PROCTER & GAMBLE CO/THE SEDOL 2704407 | 0.87% |
| ELI LILLY & CO SEDOL 2516152 | 0.84% |
| EXELON CORP SEDOL 2670519 | 0.80% |
| HEALTH CARE SELECT SECTOR SEDOL 2371823 | 0.78% |
| COCA-COLA CO/THE SEDOL 2206657 | 0.77% |
| MCKESSON CORP SEDOL 2378534 | 0.77% |
| INTEL CORP SEDOL 2463247 | 0.76% |
| TENET HEALTHCARE CORP SEDOL B8DMK08 | 0.76% |
| UNITED RENTALS INC SEDOL 2134781 | 0.76% |
| MORGAN STANLEY | 0.74% |
| WALT DISNEY CO/THE SEDOL 2270726 | 0.74% |
| CITIGROUP INC SEDOL 2297907 | 0.72% |
| PERSHING SQUARE TONTINE -A SEDOL BLCB6C1 | 0.72% |
| NRG ENERGY INC SEDOL 2212922 | 0.72% |
| COMCAST CORP-CLASS A SEDOL 2044545 | 0.71% |
| FREEPORT-MCMORAN INC SEDOL 2352118 | 0.69% |
| CONSUMER STAPLES SPDR SEDOL 2369389 | 0.68% |
| CVS HEALTH CORP SEDOL 2577609 | 0.68% |
| PFIZER INC SEDOL 2684703 | 0.65% |
| ENTERPRISE PRODUCTS PARTNERS SEDOL 2285388 | 0.65% |
| ASSURED GUARANTY LTD SEDOL B00V7H8 | 0.63% |
| BEST BUY CO INC SEDOL 2094670 | 0.63% |
| P G & E CORP SEDOL 2689560 | 0.62% |
| SOUTHWEST AIRLINES CO SEDOL 2831543 | 0.62% |
| LIBERTY GLOBAL PLC-A SEDOL B8W6766 | 0.59% |
| ALTRIA GROUP INC | 0.59% |
| ADOBE INC SEDOL 2008154 | 0.58% |
| ARCH CAPITAL GROUP LTD SEDOL 2740542 | 0.58% |
| CONOCOPHILLIPS | 0.58% |
| EASTMAN CHEMICAL CO SEDOL 2298386 | 0.58% |
| TEXAS INSTRUMENTS INC SEDOL 2885409 | 0.57% |
| NUCOR CORP SEDOL 2651086 | 0.57% |
| HCA HEALTHCARE INC SEDOL B4MGBG6 | 0.57% |
| DYNATRACE INC SEDOL BJV2RD9 | 0.52% |
| RAYMOND JAMES FINANCIAL INC SEDOL 2718992 | 0.50% |
| KEYCORP SEDOL 2490911 | 0.48% |
| SALESFORCE.COM INC SEDOL 2310525 | 0.47% |
| PAYPAL HOLDINGS INC SEDOL BYW36M8 | 0.46% |
| MCDONALD'S CORP SEDOL 2550707 | 0.45% |
| ANTHEM INC SEDOL BSPHGL4 | 0.44% |
| REGENERON PHARMACEUTICALS SEDOL 2730190 | 0.44% |
| NIKE INC -CL B SEDOL 2640147 | 0.43% |
| NCR CORPORATION SEDOL 2632650 | 0.43% |
| QUALCOMM INC SEDOL 2714923 | 0.43% |
| MEDTRONIC PLC SEDOL BTN1Y11 | 0.43% |
| DEERE & CO SEDOL 2261203 | 0.42% |
| ARMADA HOFFLER PROPERTIES IN SEDOL B96FTB5 | 0.41% |
| MERCK & CO. INC. SEDOL 2778844 | 0.41% |
| INTUIT INC SEDOL 2459020 | 0.39% |
| APOLLO GLOBAL MANAGEMENT INC SEDOL BKRLVD5 | 0.38% |
| AT&T INC SEDOL 2831811 | 0.37% |
| MOLSON COORS BEVERAGE CO - B SEDOL B067BM3 | 0.37% |
| AVERY DENNISON CORP SEDOL 2066408 | 0.35% |
| STARBUCKS CORP SEDOL 2842255 | 0.33% |
| BOSTON PROPERTIES INC SEDOL 2019479 | 0.31% |
| PHILLIPS 66 SEDOL B78C4Y8 | 0.29% |
| SUMMIT MATERIALS INC -CL A SEDOL BW9JPS4 | 0.28% |
| LKQ CORP SEDOL 2971029 | 0.26% |
| PENN NATIONAL GAMING CV 02.7500 05/15/2026 | 0.25% |
| KARAT PACKAGING INC SEDOL BKDZ6W5 | 0.23% |
| STARWOOD PROPERTY TRUST INC SEDOL B3PQ520 | 0.21% |
| COVA ACQUISITION CORP SEDOL BNC4KN3 | 0.20% |
| SENIOR CONNECT ACQUISITION-A SEDOL BN46WK8 | 0.20% |
| KURA SUSHI USA INC-CLASS A SEDOL BKDV6G7 | 0.19% |
| GENERAL MOTORS CO SEDOL B665KZ5 | 0.16% |
| UNIVERSAL MUSIC GROUP NV SEDOL BNZGVV1 | 0.15% |
| CHUY'S HOLDINGS INC SEDOL B88WMY1 | 0.14% |
| TREASURY BILL 00.0000 03/24/2022 | 0.14% |
| VORNADO REALTY TRUST SEDOL 2933632 | 0.14% |
| COMSTOCK RESOURCES INC SEDOL BD82PS1 | 0.13% |
| TREASURY BILL 00.0000 03/10/2022 | 0.13% |
| ALIGNMENT HEALTHCARE INC SEDOL BNNLSZ1 | 0.12% |
| FIRSTMARK HORIZON ACQUISIT-A SEDOL BMD3YV8 | 0.11% |
| NYXOAH SA SEDOL BMZ4JV4 | 0.11% |
| ARCLIGHT II PIPE P/P | 0.10% |
| RINGCENTRAL INC-CLASS A SEDOL BDZCRX3 | 0.10% |
| SWITCHBACK ENERGY- PIPE P/P | 0.07% |
| TREASURY BILL 00.0000 04/21/2022 | 0.07% |
| UPLAND SOFTWARE INC SEDOL BS7K7H4 | 0.05% |
| LUCID DIAGNOSTICS INC SEDOL BMCCHR3 | 0.03% |
| TREASURY BILL 00.0000 04/07/2022 | 0.01% |
| HC BRILLANT SERVICES GMBH P/P | 0.00% |
| MICROSOFT CORP SEDOL 2588173 | 8.04% |
|---|---|
| APPLE INC SEDOL 2046251 | 6.84% |
| ALPHABET INC-CL C SEDOL BYY88Y7 | 3.93% |
| AMAZON.COM INC SEDOL 2000019 | 3.67% |
| BANK OF AMERICA CORP SEDOL 2295677 | 3.44% |
| S&P500 EMINI FUT DEC21 ESZ1 | 3.16% |
| E-MINI RUSS 2000 DEC21 RTYZ1 | 3.15% |
| FACEBOOK INC-CLASS A SEDOL B7TL820 | 2.15% |
| LOWES COMPANIES INC | 2.01% |
| BERKSHIRE HATHAWAY INC-CL B SEDOL 2073390 | 1.81% |
| TARGET CORP SEDOL 2259101 | 1.64% |
| WALMART INC SEDOL 2936921 | 1.64% |
| ORACLE CORP SEDOL 2661568 | 1.57% |
| JOHNSON & JOHNSON SEDOL 2475833 | 1.57% |
| MASTERCARD INC - A SEDOL B121557 | 1.52% |
| UNITEDHEALTH GROUP INC SEDOL 2917766 | 1.51% |
| HEALTH CARE SELECT SECTOR SEDOL 2371823 | 1.49% |
| LAM RESEARCH CORP SEDOL 2502247 | 1.47% |
| CISCO SYSTEMS INC SEDOL 2198163 | 1.45% |
| CONSUMER STAPLES SPDR SEDOL 2369389 | 1.37% |
| GOLDMAN SACHS GROUP INC SEDOL 2407966 | 1.30% |
| HONEYWELL INTERNATIONAL INC SEDOL 2020459 | 1.28% |
| UNION PACIFIC CORP SEDOL 2914734 | 1.26% |
| ABBVIE INC SEDOL B92SR70 | 1.22% |
| CITIGROUP INC SEDOL 2297907 | 1.20% |
| AMGEN INC SEDOL 2023607 | 1.17% |
| COMCAST CORP-CLASS A SEDOL 2044545 | 1.14% |
| PULTEGROUP INC SEDOL 2708841 | 1.08% |
| RAYTHEON TECHNOLOGIES CORP SEDOL BM5M5Y3 | 1.04% |
| OTIS WORLDWIDE CORP SEDOL BK531S8 | 1.00% |
| NORTHROP GRUMMAN CORP SEDOL 2648806 | 0.99% |
| GAMING AND LEISURE PROPERTIE SEDOL BFPK4S5 | 0.99% |
| WALT DISNEY CO/THE SEDOL 2270726 | 0.98% |
| ELI LILLY & CO SEDOL 2516152 | 0.95% |
| CBRE GROUP INC - A SEDOL B6WVMH3 | 0.92% |
| SOUTHWEST AIRLINES CO SEDOL 2831543 | 0.92% |
| MAGNA INTERNATIONAL INC SEDOL 2554549 | 0.89% |
| UNITED RENTALS INC SEDOL 2134781 | 0.87% |
| PAYPAL HOLDINGS INC SEDOL BYW36M8 | 0.86% |
| INTEL CORP SEDOL 2463247 | 0.85% |
| KKR & CO INC SEDOL BG1FRR1 | 0.82% |
| MORGAN STANLEY | 0.80% |
| BEST BUY CO INC SEDOL 2094670 | 0.79% |
| PERSHING SQUARE TONTINE -A SEDOL BLCB6C1 | 0.75% |
| COCA-COLA CO/THE SEDOL 2206657 | 0.74% |
| NRG ENERGY INC SEDOL 2212922 | 0.74% |
| EXELON CORP SEDOL 2670519 | 0.73% |
| ENTERPRISE PRODUCTS PARTNERS SEDOL 2285388 | 0.70% |
| LIBERTY GLOBAL PLC-A SEDOL B8W6766 | 0.69% |
| MCKESSON CORP SEDOL 2378534 | 0.67% |
| TENET HEALTHCARE CORP SEDOL B8DMK08 | 0.67% |
| DYNATRACE INC SEDOL BJV2RD9 | 0.66% |
| ASSURED GUARANTY LTD SEDOL B00V7H8 | 0.64% |
| EASTMAN CHEMICAL CO SEDOL 2298386 | 0.64% |
| TEXAS INSTRUMENTS INC SEDOL 2885409 | 0.64% |
| ALTRIA GROUP INC | 0.62% |
| CVS HEALTH CORP SEDOL 2577609 | 0.61% |
| CONOCOPHILLIPS | 0.59% |
| FREEPORT-MCMORAN INC SEDOL 2352118 | 0.59% |
| HCA HEALTHCARE INC SEDOL B4MGBG6 | 0.58% |
| MEDTRONIC PLC SEDOL BTN1Y11 | 0.56% |
| SALESFORCE.COM INC SEDOL 2310525 | 0.55% |
| ARCH CAPITAL GROUP LTD SEDOL 2740542 | 0.54% |
| NUCOR CORP SEDOL 2651086 | 0.54% |
| P G & E CORP SEDOL 2689560 | 0.53% |
| MICRON TECHNOLOGY INC SEDOL 2588184 | 0.51% |
| RAYMOND JAMES FINANCIAL INC SEDOL 2718992 | 0.50% |
| KEYCORP SEDOL 2490911 | 0.48% |
| CIGNA CORP SEDOL BHJ0775 | 0.47% |
| NCR CORPORATION SEDOL 2632650 | 0.45% |
| AT&T INC SEDOL 2831811 | 0.44% |
| MOLSON COORS BEVERAGE CO - B SEDOL B067BM3 | 0.40% |
| ARMADA HOFFLER PROPERTIES IN SEDOL B96FTB5 | 0.39% |
| PENN NATIONAL GAMING CV 02.7500 05/15/2026 | 0.36% |
| APOLLO GLOBAL MANAGEMENT INC SEDOL BKRLVD5 | 0.36% |
| BOSTON PROPERTIES INC SEDOL 2019479 | 0.31% |
| PHILLIPS 66 SEDOL B78C4Y8 | 0.30% |
| DEERE & CO SEDOL 2261203 | 0.30% |
| COMSTOCK RESOURCES INC SEDOL BD82PS1 | 0.28% |
| SENIOR CONNECT ACQUISITION-A SEDOL BN46WK8 | 0.27% |
| KARAT PACKAGING INC SEDOL BKDZ6W5 | 0.26% |
| SUMMIT MATERIALS INC -CL A SEDOL BW9JPS4 | 0.24% |
| LKQ CORP SEDOL 2971029 | 0.24% |
| STARWOOD PROPERTY TRUST INC SEDOL B3PQ520 | 0.23% |
| COVA ACQUISITION CORP SEDOL BNC4KN3 | 0.22% |
| CITRIX SYSTEMS INC SEDOL 2182553 | 0.21% |
| CHUY'S HOLDINGS INC SEDOL B88WMY1 | 0.16% |
| NYXOAH SA SEDOL BMZ4JV4 | 0.16% |
| TREASURY BILL 00.0000 03/24/2022 | 0.16% |
| SWITCHBACK II CORP -CLASS A SEDOL BKP8HC9 | 0.16% |
| TREASURY BILL 00.0000 03/10/2022 | 0.14% |
| KURA SUSHI USA INC-CLASS A SEDOL BKDV6G7 | 0.14% |
| VORNADO REALTY TRUST SEDOL 2933632 | 0.13% |
| FIRSTMARK HORIZON ACQUISIT-A SEDOL BMD3YV8 | 0.12% |
| RINGCENTRAL INC-CLASS A SEDOL BDZCRX3 | 0.12% |
| SWITCHBACK ENERGY- PIPE P/P | 0.11% |
| ENGAGESMART INC SEDOL BMHT1H7 | 0.11% |
| VOR BIOPHARMA INC SEDOL BLCD876 | 0.10% |
| UPLAND SOFTWARE INC SEDOL BS7K7H4 | 0.09% |
| TREASURY BILL 00.0000 10/05/2021 | 0.07% |
| BETTER CHOICE CO INC SEDOL BLB1741 | 0.03% |
| TREASURY BILL 00.0000 10/14/2021 | 0.01% |
| HC BRILLANT SERVICES GMBH P/P | 0.00% |
| FB 20211119 C 385.00UBS | -0.00% |
Portfolio composition as of 12/31/21
| Common stock | 94.11% |
|---|---|
| Cash and net other assets | 5.64% |
| Convertible bonds | 0.25% |
Equity statistics as of 12/31/21
| Median market cap | $66.57B |
|---|---|
| Weighted average market cap | $760.17B |
| Price to book | 4.05 |
| Price to earnings | 18.18 |
Fund characteristics will vary over time.
Due to rounding, percentages may not equal 100%.
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 value stocks may fail to rebound. The value of investments in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general economic, political or financial market conditions, investor sentiment and market perceptions, government actions, geopolitical events or changes, and factors related to a specific issuer, geography, industry or sector. These and other factors may lead to increased volatility and reduced liquidity in the fund’s portfolio holdings. Our investment techniques, analyses, and judgments may not produce the outcome we intend. The investments we select for the fund may not perform as well as other securities that we do not select for the fund. We, or the fund's other service providers, may experience disruptions or operating errors that could have a negative effect on the fund. You can lose money by investing in the fund.
Top industry sectors as of 12/31/21
| Information technology | 27.13% |
|---|---|
| Financials | 12.94% |
| Health care | 12.72% |
| Consumer discretionary | 11.80% |
| Communication services | 8.44% |
| Industrials | 7.58% |
| Cash and net other assets | 5.64% |
| Consumer staples | 4.74% |
| Real estate | 2.75% |
| Other | 6.26% |
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.
Expenses
Expense ratio |
Class A | Class B | Class C | Class R | Class R6 | Class Y |
|---|---|---|---|---|---|---|
| Total expense ratio | 0.98% | 1.73% | 1.73% | 1.23% | 0.63% | 0.73% |
| What you pay | 0.98% | 1.73% | 1.73% | 1.23% | 0.63% | 0.73% |
Sales charge
| Investment Breakpoint | Class A | Class B | Class C | Class R | Class R6 | Class Y |
|---|---|---|---|---|---|---|
| $0-$49,999 | 5.75% | 0.00% | 0.00% | -- | -- | -- |
| $50,000-$99,999 | 4.50% | 0.00% | 0.00% | -- | -- | -- |
| $100,000-$249,999 | 3.50% | -- | 0.00% | -- | -- | -- |
| $250,000-$499,999 | 2.50% | -- | 0.00% | -- | -- | -- |
| $500,000-$999,999 | 2.00% | -- | 0.00% | -- | -- | -- |
| $1M-$4M | 0.00% | -- | -- | -- | -- | -- |
| $4M-$50M | 0.00% | -- | -- | -- | -- | -- |
| $50M+ | 0.00% | -- | -- | -- | -- | -- |
CDSC
| Class A (sales for $1,000,000+) | Class B | Class C | Class R | Class R6 | Class Y | |
|---|---|---|---|---|---|---|
| 0 to 9 mts. | 1.00% | 5.00% | 1.00% | -- | -- | -- |
| 9 to 12 mts. | 1.00% | 5.00% | 1.00% | -- | -- | -- |
| 2 yrs. | 0.00% | 4.00% | 0.00% | -- | -- | -- |
| 3 yrs. | 0.00% | 3.00% | 0.00% | -- | -- | -- |
| 4 yrs. | 0.00% | 3.00% | 0.00% | -- | -- | -- |
| 5 yrs. | 0.00% | 2.00% | 0.00% | -- | -- | -- |
| 6 yrs. | 0.00% | 1.00% | 0.00% | -- | -- | -- |
| 7+ yrs. | 0.00% | 0.00% | 0.00% | -- | -- | -- |
The Russell 3000® Index is an unmanaged index of the 3,000 largest U.S. companies. You cannot 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 value stocks may fail to rebound. The value of investments in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general economic, political or financial market conditions, investor sentiment and market perceptions, government actions, geopolitical events or changes, and factors related to a specific issuer, geography, industry or sector. These and other factors may lead to increased volatility and reduced liquidity in the fund’s portfolio holdings. Our investment techniques, analyses, and judgments may not produce the outcome we intend. The investments we select for the fund may not perform as well as other securities that we do not select for the fund. We, or the fund's other service providers, may experience disruptions or operating errors that could have a negative effect on the fund. You can lose money by investing in the fund.