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. 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 4.00% and 3.25% for income funds (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), 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 Short Duration Bond Fund, Putnam Fixed Income Absolute Return 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, N, R, 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 A, C, and Y shares of Putnam Mortgage Opportunities Fund before their inception is derived from the historical performance of class I shares, which have been adjusted for the applicable sales charge (or CDSC) and the higher operating expenses for such shares. Returns at public offering price (after sales charge) for class N shares reflect the current maximum initial sales charge of 1.50%. Class R5/R6 shares, 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 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 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.
Active Equities
Multi-Cap Core Fund (Class Y) (PMYYX)
Seeking opportunities across a wide range of stocks
Highlights
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 |
$27.05
-0.04% | $-0.01 |
$27.12
02/12/20 |
$22.47
06/03/19 |
Fund facts as of 01/31/20
$2,621.10M
41%
Annually
132
April
74676P839 / 1876
09/24/10
Blend
PMYYX
Literature
Fund documents |
| Prospectuses/SAI |
| Fact Sheet (R6 share) (PDF) |
| Fact Sheet (Y share) (PDF) |
| Annual Fund Report (PDF) |
| Semiannual Fund Report (PDF) |
| Quarterly commentary (PDF) |
| The benefits of multi-cap investing (PDF) |
| Equity Outlook (PDF) |
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.
17.25%
Best 5-year annualized return
(for period ending 09/30/16)
7.47%
Worst 5-year annualized return
(for period ending 12/31/18)
13.13%
Average 5-year annualized return
Total return (%) as of 12/31/19
Annual performance as of 12/31/19
Annualized Total return (%) as of 12/31/19
| Annualized performance | 1 yr. | 3 yrs. | 5 yrs. | Life (inception: 09/24/10 ) |
|---|---|---|---|---|
| Before sales charge | 32.50% | 14.81% | 10.79% | 15.31% |
| After sales charge | N/A | N/A | N/A | N/A |
| Russell 3000 Index | 31.02% | 14.57% | 11.24% | -- |
Performance snapshot
| Before sales charge | After sales charge | ||
|---|---|---|---|
| 1 mt. as of 01/31/20 | -1.19% | - | |
| YTD as of 02/14/20 | 3.72% | - | |
Risk-adjusted performance as of 12/31/19
| Alpha (3 yrs.) | -0.22 |
|---|---|
| Sharpe ratio (3 yrs.) | 1.03 |
| Treynor ratio (3 yrs.) | 12.75 |
| Information ratio (3 yrs.) | 0.11 |
Volatility as of 12/31/19
| Standard deviation (3 yrs.) | 12.83% |
|---|---|
| Beta | 1.04 |
| R-squared | 0.97 |
Capture ratio as of 12/31/19
| Up-market (3 yrs.) | 103.67 |
|---|---|
| Down-market (3 yrs.) | 105.78 |
Lipper rankings as of 12/31/19
| Time period | Rank/Funds in category | Percentile ranking |
|---|---|---|
| 1 yr. | 101/715 | 15% |
| 3 yrs. | 87/617 | 15% |
| 5 yrs. | 93/524 | 18% |
| 10 yrs. | -- |
Morningstar Ratings™ as of 12/31/19
| Time period | Funds in category | Morningstar Rating™ |
|---|---|---|
| Overall | 1203 | |
| 3 yrs. | 1203 | |
| 5 yrs. | 1058 |
Distributions
| Record/Ex dividend date | 12/05/19 |
|---|---|
| Payable date | 12/09/19 |
| Income | $0.268 |
| Extra income | -- |
| Short-term cap. gain | $0.028 |
| Long-term cap. gain | $0.946 |
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 | 7.04% |
|---|---|
| Apple | 6.38% |
| JPMorgan Chase | 2.82% |
| Bank Of America Corp | 2.65% |
| Alphabet | 2.60% |
| Amazon.Com | 2.21% |
| Cisco Systems | 1.98% |
| Walmart | 1.94% |
| Visa | 1.85% |
| Amgen | 1.82% |
| Top 10 holdings, percent of portfolio | 31.29% |
| Top 10 holdings as of 12/31/19 | |
|---|---|
| Microsoft Corp | |
| Apple | |
| JPMorgan Chase | |
| Bank Of America Corp | |
| Alphabet | |
| Amazon.Com | |
| Cisco Systems | |
| Walmart | |
| Visa | |
| Amgen | |
| Holdings represent 31.29% of portfolio | |
| Top 10 holdings as of 11/30/19 | |
|---|---|
| Microsoft Corp | |
| Apple | |
| JPMorgan Chase | |
| Alphabet | |
| Bank Of America Corp | |
| Amazon.Com | |
| Walmart | |
| Cisco Systems | |
| Visa | |
| Amgen | |
| Holdings represent 30.52% of portfolio | |
| Top 10 holdings as of 10/31/19 | |
|---|---|
| Microsoft Corp | |
| Apple | |
| JPMorgan Chase | |
| Alphabet | |
| Bank Of America Corp | |
| Amazon.Com | |
| Cisco Systems | |
| Walmart | |
| Visa | |
| Amgen | |
| Holdings represent 30.13% of portfolio | |
| Top 10 holdings as of 09/30/19 | |
|---|---|
| Microsoft Corp | |
| Apple | |
| JPMorgan Chase | |
| Alphabet | |
| Bank Of America Corp | |
| Amazon.Com | |
| Cisco Systems | |
| Walmart | |
| Visa | |
| Berkshire Hathaway | |
| Holdings represent 29.62% of portfolio | |
| MICROSOFT CORP SEDOL 2588173 | 7.04% |
|---|---|
| APPLE INC SEDOL 2046251 | 6.38% |
| JPMORGAN CHASE & CO SEDOL 2190385 | 2.82% |
| BANK OF AMERICA CORP SEDOL 2295677 | 2.65% |
| ALPHABET INC-CL C SEDOL BYY88Y7 | 2.60% |
| AMAZON.COM INC SEDOL 2000019 | 2.21% |
| CISCO SYSTEMS INC SEDOL 2198163 | 1.98% |
| WALMART INC SEDOL 2936921 | 1.94% |
| VISA INC-CLASS A SHARES SEDOL B2PZN04 | 1.85% |
| AMGEN INC SEDOL 2023607 | 1.82% |
| UNITEDHEALTH GROUP INC SEDOL 2917766 | 1.62% |
| BERKSHIRE HATHAWAY INC-CL B SEDOL 2073390 | 1.61% |
| FACEBOOK INC-CLASS A SEDOL B7TL820 | 1.56% |
| CITIGROUP INC SEDOL 2297907 | 1.52% |
| INTEL CORP SEDOL 2463247 | 1.37% |
| COMCAST CORP-CLASS A SEDOL 2044545 | 1.35% |
| INDUSTRIAL SELECT SECT SPDR SEDOL 2502139 | 1.32% |
| HEALTH CARE SELECT SECTOR SEDOL 2371823 | 1.28% |
| HONEYWELL INTERNATIONAL INC SEDOL 2020459 | 1.21% |
| GOLDMAN SACHS GROUP INC SEDOL 2407966 | 1.20% |
| PROCTER & GAMBLE CO/THE SEDOL 2704407 | 1.18% |
| TARGET CORP SEDOL 2259101 | 1.14% |
| MERCK & CO. INC. SEDOL 2778844 | 1.13% |
| PULTEGROUP INC SEDOL 2708841 | 1.11% |
| WALT DISNEY CO/THE SEDOL 2270726 | 1.08% |
| AT&T INC SEDOL 2831811 | 1.06% |
| ORACLE CORP SEDOL 2661568 | 1.05% |
| LAM RESEARCH CORP SEDOL 2502247 | 1.02% |
| CAPITAL ONE FINANCIAL CORP SEDOL 2654461 | 1.00% |
| LOWES COMPANIES INC | 0.98% |
| JOHNSON & JOHNSON SEDOL 2475833 | 0.93% |
| RAYMOND JAMES FINANCIAL INC SEDOL 2718992 | 0.92% |
| HCA HEALTHCARE INC SEDOL B4MGBG6 | 0.92% |
| CONOCOPHILLIPS | 0.89% |
| COCA-COLA CO/THE SEDOL 2206657 | 0.88% |
| ROYAL DUTCH SHELL-SPON ADR-A SEDOL B03MM62 | 0.88% |
| BAXTER INTERNATIONAL INC SEDOL 2085102 | 0.88% |
| BEST BUY CO INC SEDOL 2094670 | 0.87% |
| NRG ENERGY INC SEDOL 2212922 | 0.87% |
| AMERIPRISE FINANCIAL INC SEDOL B0J7D57 | 0.81% |
| ABBVIE INC SEDOL B92SR70 | 0.79% |
| ENTERGY CORP SEDOL 2317087 | 0.76% |
| SOUTHWEST AIRLINES CO SEDOL 2831543 | 0.74% |
| BRISTOL-MYERS SQUIBB CO SEDOL 2126335 | 0.73% |
| GILEAD SCIENCES INC SEDOL 2369174 | 0.73% |
| KINDER MORGAN INC SEDOL B3NQ4P8 | 0.72% |
| LIVE NATION ENTERTAINMENT IN SEDOL B0T7YX2 | 0.71% |
| WELLS FARGO & CO SEDOL 2649100 | 0.69% |
| UNION PACIFIC CORP SEDOL 2914734 | 0.69% |
| APOLLO GLOBAL MANAGEMENT INC SEDOL BKRLVD5 | 0.68% |
| BOOKING HOLDINGS INC SEDOL BDRXDB4 | 0.68% |
| CELANESE CORP SEDOL B05MZT4 | 0.67% |
| CBRE GROUP INC - A SEDOL B6WVMH3 | 0.67% |
| AIR CANADA SEDOL BSDHYK1 | 0.66% |
| REPUBLIC SERVICES INC SEDOL 2262530 | 0.64% |
| MAGNA INTERNATIONAL INC SEDOL 2554549 | 0.63% |
| MORGAN STANLEY | 0.62% |
| ASSURED GUARANTY LTD SEDOL B00V7H8 | 0.62% |
| HOME DEPOT INC SEDOL 2434209 | 0.62% |
| ENTERPRISE PRODUCTS PARTNERS SEDOL 2285388 | 0.61% |
| NORTHROP GRUMMAN CORP SEDOL 2648806 | 0.60% |
| MCKESSON CORP SEDOL 2378534 | 0.60% |
| JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4 | 0.59% |
| EXELON CORP SEDOL 2670519 | 0.59% |
| INTL BUSINESS MACHINES CORP SEDOL 2005973 | 0.59% |
| MICRON TECHNOLOGY INC SEDOL 2588184 | 0.58% |
| CAMPBELL SOUP CO SEDOL 2162845 | 0.58% |
| TENET HEALTHCARE CORP SEDOL B8DMK08 | 0.58% |
| EQUITY COMMONWEALTH SEDOL BPH3N63 | 0.58% |
| GENERAL MOTORS CO SEDOL B665KZ5 | 0.57% |
| EASTERLY GOVERNMENT PROPERTI SEDOL BVSS693 | 0.57% |
| UNITED RENTALS INC SEDOL 2134781 | 0.57% |
| DISCOVERY INC - A SEDOL B3D7K31 | 0.55% |
| LINCOLN NATIONAL CORP SEDOL 2516378 | 0.55% |
| MASTERCARD INC - A SEDOL B121557 | 0.55% |
| VALERO ENERGY CORP SEDOL 2041364 | 0.54% |
| ARMADA HOFFLER PROPERTIES IN SEDOL B96FTB5 | 0.52% |
| EASTMAN CHEMICAL CO SEDOL 2298386 | 0.50% |
| MASCO CORP SEDOL 2570200 | 0.50% |
| ENERGY TRANSFER LP SEDOL B0WHXD2 | 0.49% |
| WALGREENS BOOTS ALLIANCE INC SEDOL BTN1Y44 | 0.46% |
| SUNCOR ENERGY INC SEDOL B3NB0P5 | 0.45% |
| AMERICAN AIRLINES GROUP INC SEDOL BCV7KT2 | 0.44% |
| NUCOR CORP SEDOL 2651086 | 0.44% |
| KKR & CO INC -A SEDOL BG1FRR1 | 0.42% |
| BIOGEN INC SEDOL 2455965 | 0.39% |
| CHANGE HEALTHCARE INC SEDOL BK5CVS5 | 0.37% |
| CATERPILLAR INC SEDOL 2180201 | 0.35% |
| ON SEMICONDUCTOR CORP SEDOL 2583576 | 0.35% |
| LIBERTY GLOBAL PLC-A SEDOL B8W6766 | 0.34% |
| COSTCO WHOLESALE CORP SEDOL 2701271 | 0.34% |
| RADIAN GROUP INC SEDOL 2173911 | 0.31% |
| KROGER CO SEDOL 2497406 | 0.31% |
| FREEPORT-MCMORAN INC SEDOL 2352118 | 0.29% |
| SPDR S&P HOMEBUILDERS ETF SEDOL B0Y90L3 | 0.29% |
| API GROUP CORP P/P 144A SEDOL BK7KDD6 | 0.28% |
| MOLSON COORS BEVERAGE CO - B SEDOL B067BM3 | 0.28% |
| BRIGHAM MINERALS INC-CL A SEDOL BJHQ638 | 0.25% |
| PIRELLI & C SPA SEDOL BZ5ZHK3 | 0.25% |
| DYNATRACE INC SEDOL BJV2RD9 | 0.24% |
| DIAMONDBACK ENERGY INC SEDOL B7Y8YR3 | 0.24% |
| DOW INC SEDOL BHXCF84 | 0.24% |
| GAMING AND LEISURE PROPERTIE SEDOL BFPK4S5 | 0.21% |
| ALPINE INCOME PROPERTY TRUST SEDOL BKMQX40 | 0.20% |
| PLAINS GP HOLDINGS LP-CL A SEDOL BDGHN95 | 0.20% |
| ENCANA CORP SEDOL 2793182 | 0.18% |
| BLOOMIN' BRANDS INC SEDOL B847RJ0 | 0.18% |
| HILLTOP HOLDINGS INC SEDOL 2365428 | 0.18% |
| RATTLER MIDSTREAM LP SEDOL BJV12K8 | 0.16% |
| KURA SUSHI USA INC-CLASS A SEDOL BKDV6G7 | 0.15% |
| GREEN BRICK PARTNERS INC SEDOL BS7T2R6 | 0.15% |
| SIRIUS INTERNATIONAL INSURAN SEDOL BG36857 | 0.14% |
| KENNEDY-WILSON HOLDINGS INC SEDOL B298495 | 0.12% |
| LARGO RESOURCES LTD SEDOL BRK9VY6 | 0.11% |
| BRIGHTVIEW HOLDINGS INC SEDOL BG0ZML1 | 0.11% |
| SWITCHBACK ENERGY ACQUISITIO SEDOL BJMSS55 | 0.08% |
| ACCEL ENTERTAINMENT INC-CW SEDOL BK7FYN8 | 0.03% |
| TREASURY BILL 00.0000 06/18/2020 | 0.03% |
| PRIORITY TECHNOLOGY HOLDINGS SEDOL BZ9NRB4 | 0.02% |
| KIMBELL ROYALTY PARTNERS LP SEDOL BYQFVW5 | 0.02% |
| TREASURY BILL 00.0000 04/23/2020 | 0.02% |
| TREASURY BILL 00.0000 04/16/2020 | 0.01% |
| J.C. PENNEY CO INC SEDOL 2680303 | 0.01% |
| J2 ACQUISITION LTD-CW20 SEDOL BKTPKB6 | 0.01% |
| SIRIUS INTERNATIONAL-CW23 SEDOL BH4CWB5 | 0.01% |
| RA MEDICAL SYSTEMS INC SEDOL BF12X88 | 0.00% |
| NESCO HOLDINGS-CW25 SEDOL BJ01GS5 | 0.00% |
| GLOBAL FASHION GRP P/P | 0.00% |
| HC BRILLANT SERVICES GMBH P/P | 0.00% |
| NEW BIGFOOT OTHER ASSETS GMBH P/P | 0.00% |
| NEW MIDDLE EAST OTHER ASSETS GMBH P/P | 0.00% |
| T 20200117 C 41.00BCBP | 0.00% |
| ABBV 20200117 C 87.50UBS | -0.00% |
| APO 20200117 C 45.00BCBP | -0.04% |
| MICROSOFT CORP SEDOL 2588173 | 6.71% |
|---|---|
| APPLE INC SEDOL 2046251 | 5.24% |
| JPMORGAN CHASE & CO SEDOL 2190385 | 2.64% |
| ALPHABET INC-CL C SEDOL BYY88Y7 | 2.56% |
| BANK OF AMERICA CORP SEDOL 2295677 | 2.50% |
| AMAZON.COM INC SEDOL 2000019 | 2.24% |
| CISCO SYSTEMS INC SEDOL 2198163 | 2.24% |
| WALMART INC SEDOL 2936921 | 2.08% |
| VISA INC-CLASS A SHARES SEDOL B2PZN04 | 1.82% |
| BERKSHIRE HATHAWAY INC-CL B SEDOL 2073390 | 1.59% |
| AMGEN INC SEDOL 2023607 | 1.58% |
| COMCAST CORP-CLASS A SEDOL 2044545 | 1.55% |
| FACEBOOK INC-CLASS A SEDOL B7TL820 | 1.46% |
| CITIGROUP INC SEDOL 2297907 | 1.42% |
| INDUSTRIAL SELECT SECT SPDR SEDOL 2502139 | 1.36% |
| INTEL CORP SEDOL 2463247 | 1.27% |
| PROCTER & GAMBLE CO/THE SEDOL 2704407 | 1.26% |
| UNITEDHEALTH GROUP INC SEDOL 2917766 | 1.25% |
| HEALTH CARE SELECT SECTOR SEDOL 2371823 | 1.22% |
| PULTEGROUP INC SEDOL 2708841 | 1.20% |
| GOLDMAN SACHS GROUP INC SEDOL 2407966 | 1.19% |
| ORACLE CORP SEDOL 2661568 | 1.17% |
| WALT DISNEY CO/THE SEDOL 2270726 | 1.13% |
| HONEYWELL INTERNATIONAL INC SEDOL 2020459 | 1.13% |
| AT&T INC SEDOL 2831811 | 1.11% |
| BAXTER INTERNATIONAL INC SEDOL 2085102 | 1.09% |
| TARGET CORP SEDOL 2259101 | 1.07% |
| MERCK & CO. INC. SEDOL 2778844 | 1.02% |
| NRG ENERGY INC SEDOL 2212922 | 1.01% |
| ROYAL DUTCH SHELL-SPON ADR-A SEDOL B03MM62 | 1.00% |
| LOWES COMPANIES INC | 0.97% |
| LAM RESEARCH CORP SEDOL 2502247 | 0.96% |
| CAPITAL ONE FINANCIAL CORP SEDOL 2654461 | 0.95% |
| COCA-COLA CO/THE SEDOL 2206657 | 0.94% |
| RAYMOND JAMES FINANCIAL INC SEDOL 2718992 | 0.92% |
| CONOCOPHILLIPS | 0.90% |
| JOHNSON & JOHNSON SEDOL 2475833 | 0.89% |
| CELANESE CORP SEDOL B05MZT4 | 0.88% |
| ENTERGY CORP SEDOL 2317087 | 0.85% |
| LIVE NATION ENTERTAINMENT IN SEDOL B0T7YX2 | 0.84% |
| EXELON CORP SEDOL 2670519 | 0.84% |
| HCA HEALTHCARE INC SEDOL B4MGBG6 | 0.81% |
| SOUTHWEST AIRLINES CO SEDOL 2831543 | 0.80% |
| KINDER MORGAN INC SEDOL B3NQ4P8 | 0.79% |
| AMERIPRISE FINANCIAL INC SEDOL B0J7D57 | 0.77% |
| GILEAD SCIENCES INC SEDOL 2369174 | 0.77% |
| UNION PACIFIC CORP SEDOL 2914734 | 0.74% |
| BEST BUY CO INC SEDOL 2094670 | 0.74% |
| HOME DEPOT INC SEDOL 2434209 | 0.70% |
| BOOKING HOLDINGS INC SEDOL BDRXDB4 | 0.70% |
| WELLS FARGO & CO SEDOL 2649100 | 0.70% |
| ENTERPRISE PRODUCTS PARTNERS SEDOL 2285388 | 0.66% |
| INTL BUSINESS MACHINES CORP SEDOL 2005973 | 0.66% |
| REPUBLIC SERVICES INC SEDOL 2262530 | 0.66% |
| AIR CANADA SEDOL BSDHYK1 | 0.66% |
| MAGNA INTERNATIONAL INC SEDOL 2554549 | 0.66% |
| EQUITY COMMONWEALTH SEDOL BPH3N63 | 0.65% |
| CBRE GROUP INC - A SEDOL B6WVMH3 | 0.63% |
| BRISTOL-MYERS SQUIBB CO SEDOL 2126335 | 0.62% |
| VALERO ENERGY CORP SEDOL 2041364 | 0.61% |
| ASSURED GUARANTY LTD SEDOL B00V7H8 | 0.60% |
| LINCOLN NATIONAL CORP SEDOL 2516378 | 0.60% |
| GENERAL MOTORS CO SEDOL B665KZ5 | 0.60% |
| MCKESSON CORP SEDOL 2378534 | 0.59% |
| APOLLO GLOBAL MANAGEMENT INC SEDOL BKRLVD5 | 0.58% |
| ABBVIE INC SEDOL B92SR70 | 0.58% |
| JAZZ PHARMACEUTICALS PLC SEDOL B4Q5ZN4 | 0.58% |
| CAMPBELL SOUP CO SEDOL 2162845 | 0.56% |
| MORGAN STANLEY | 0.56% |
| SPDR S&P HOMEBUILDERS ETF SEDOL B0Y90L3 | 0.56% |
| EASTERLY GOVERNMENT PROPERTI SEDOL BVSS693 | 0.55% |
| ARMADA HOFFLER PROPERTIES IN SEDOL B96FTB5 | 0.55% |
| ELI LILLY & CO SEDOL 2516152 | 0.54% |
| MASTERCARD INC - A SEDOL B121557 | 0.54% |
| NORTHROP GRUMMAN CORP SEDOL 2648806 | 0.52% |
| MICRON TECHNOLOGY INC SEDOL 2588184 | 0.50% |
| BIOGEN INC SEDOL 2455965 | 0.50% |
| KENNEDY-WILSON HOLDINGS INC SEDOL B298495 | 0.50% |
| DISCOVERY INC - A SEDOL B3D7K31 | 0.48% |
| PEPSICO INC SEDOL 2681511 | 0.48% |
| ENERGY TRANSFER LP SEDOL B0WHXD2 | 0.48% |
| SUNCOR ENERGY INC SEDOL B3NB0P5 | 0.46% |
| WALGREENS BOOTS ALLIANCE INC SEDOL BTN1Y44 | 0.46% |
| AMERICAN AIRLINES GROUP INC SEDOL BCV7KT2 | 0.45% |
| KKR & CO INC -A SEDOL BG1FRR1 | 0.44% |
| UNITED RENTALS INC SEDOL 2134781 | 0.43% |
| CATERPILLAR INC SEDOL 2180201 | 0.40% |
| NUCOR CORP SEDOL 2651086 | 0.40% |
| TPG PACE HOLDINGS CORP SEDOL BF0N393 | 0.39% |
| PIRELLI & C SPA SEDOL BZ5ZHK3 | 0.38% |
| TENET HEALTHCARE CORP SEDOL B8DMK08 | 0.36% |
| KROGER CO SEDOL 2497406 | 0.36% |
| MASCO CORP SEDOL 2570200 | 0.31% |
| NORFOLK SOUTHERN CORP SEDOL 2641894 | 0.31% |
| ON SEMICONDUCTOR CORP SEDOL 2583576 | 0.30% |
| LIBERTY GLOBAL PLC-A SEDOL B8W6766 | 0.28% |
| RADIAN GROUP INC SEDOL 2173911 | 0.28% |
| FREEPORT-MCMORAN INC SEDOL 2352118 | 0.28% |
| CHANGE HEALTHCARE INC SEDOL BK5CVS5 | 0.28% |
| DUPONT DE NEMOURS INC SEDOL BK0VN47 | 0.27% |
| J2 ACQUISITION LTD SEDOL BKTPJJ7 | 0.27% |
| MOLSON COORS BREWING CO -B SEDOL B067BM3 | 0.26% |
| DIAMONDBACK ENERGY INC SEDOL B7Y8YR3 | 0.25% |
| GAMING AND LEISURE PROPERTIE SEDOL BFPK4S5 | 0.25% |
| PLAINS GP HOLDINGS LP-CL A SEDOL BDGHN95 | 0.24% |
| STANLEY BLACK & DECKER INC SEDOL B3Q2FJ4 | 0.20% |
| BRIGHAM MINERALS INC-CL A SEDOL BJHQ638 | 0.20% |
| ENCANA CORP SEDOL 2793182 | 0.19% |
| BLOOMIN' BRANDS INC SEDOL B847RJ0 | 0.18% |
| HILLTOP HOLDINGS INC SEDOL 2365428 | 0.18% |
| SIRIUS INTERNATIONAL INSURAN SEDOL BG36857 | 0.18% |
| LARGO RESOURCES LTD SEDOL BRK9VY6 | 0.18% |
| RATTLER MIDSTREAM LP SEDOL BJV12K8 | 0.17% |
| GREEN BRICK PARTNERS INC SEDOL BS7T2R6 | 0.15% |
| MARATHON OIL CORP SEDOL 2910970 | 0.15% |
| DOW INC SEDOL BHXCF84 | 0.14% |
| KURA SUSHI USA INC-CLASS A SEDOL BKDV6G7 | 0.12% |
| URBAN OUTFITTERS INC SEDOL 2933438 | 0.12% |
| BRIGHTVIEW HOLDINGS INC SEDOL BG0ZML1 | 0.12% |
| KIMBELL ROYALTY PARTNERS LP SEDOL BYQFVW5 | 0.10% |
| SWITCHBACK ENERGY ACQUISITIO SEDOL BJMSS55 | 0.09% |
| DYNATRACE INC SEDOL BJV2RD9 | 0.08% |
| PRIORITY TECHNOLOGY HOLDINGS SEDOL BZ9NRB4 | 0.05% |
| US XPRESS ENTERPRISES INC -A SEDOL BFXH9T4 | 0.03% |
| J2 ACQUISITION LTD-CW20 SEDOL BDZV0G4 | 0.01% |
| RA MEDICAL SYSTEMS INC SEDOL BF12X88 | 0.00% |
| SIRIUS INTERNATIONAL-CW23 SEDOL BH4CWB5 | 0.00% |
| NESCO HOLDINGS-CW25 SEDOL BJ01GS5 | 0.00% |
| GLOBAL FASHION GRP P/P | 0.00% |
| HC BRILLANT SERVICES GMBH P/P | 0.00% |
| NEW BIGFOOT OTHER ASSETS GMBH P/P | 0.00% |
| NEW MIDDLE EAST OTHER ASSETS GMBH P/P | 0.00% |
| APO 20200117 C 45.00BCBP | -0.00% |
Portfolio composition as of 12/31/19
| Common stock | 99.39% |
|---|---|
| Cash and net other assets | 0.61% |
Equity statistics as of 12/31/19
| Median market cap | $24.80B |
|---|---|
| Weighted average market cap | $344.52B |
| Price to book | 2.95 |
| Price to earnings | 15.04 |
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. You can lose money by investing in the fund.
Top industry sectors as of 12/31/19
| Information technology | 23.33% |
|---|---|
| Financials | 16.84% |
| Health care | 13.35% |
| Consumer discretionary | 9.87% |
| Communication services | 9.26% |
| Industrials | 7.84% |
| Consumer staples | 5.96% |
| Energy | 5.62% |
| Real estate | 2.86% |
| Other | 5.07% |
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 | 1.02% | 1.77% | 1.77% | 1.27% | 0.65% | 0.77% |
| What you pay | 1.02% | 1.77% | 1.77% | 1.27% | 0.65% | 0.77% |
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. You can lose money by investing in the fund.