Putnam Large Cap Growth Y (PGOYX)
Putnam Large Cap Growth Y operates in the Asset Management industry of the Financial Services sector, headquartered in Boston, MA, US. The stock last traded at $87.25, up 0.41% on the session, giving a market capitalisation of $15.17B. Its beta of 1.19 implies it has historically moved more than the broad market.
Typically, the fund allocates a minimum of 80% of its total assets (including any funds borrowed for investment) to companies whose market capitalization mirrors those found within the Russell 1000 Growth Index. Its portfolio primarily consists of equity securities issued by substantial U.S. corporations, with a particular emphasis on growth-oriented equities. Growth stocks are identified as shares of companies projected to achieve earnings expansion at a pace exceeding comparable businesses, and whose operational development or other attributes are likely to drive appreciation in their share value. This fund operates as a non-diversified investment vehicle.
Putnam Large Cap Growth Y is most often compared with the following Financial Services names: