About PHSRX
Putnam Global Health Care Fund Class R is a mutual fund focused on the global health care sector. Its primary objective is capital appreciation by investing predominantly in common stocks of large and mid-sized companies worldwide that operate within the medical and health-care industries. The portfolio covers a broad range of areas, including pharmaceutical firms, medical-device manufacturers, biotechnology companies, service providers like HMOs and hospitals, as well as nursing homes. The fund leverages a combination of fundamental research and technical analysis, with active monitoring of scientific advancements and regulatory shifts that impact the sector. Managed by Michael Maguire since 2016, it seeks to capture growth opportunities driven by innovation and demographic trends in the global health sector. The fund's holdings are notably concentrated, with over half of its assets in its top ten positions, reflecting a targeted rather than highly diversified approach. Putnam Global Health Care Fund Class R serves investors seeking focused exposure to the dynamic and essential health care industry, which plays a critical role in both developed and emerging markets.
Fund Family Franklin Templeton Investments
Category Health
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol PHSRX
Share Class Class R Shares
Index MSCI World/Health Care NR
PHSRX had a total return of 24.05% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.29%.
