About PHSYX
Putnam Global Health Care Fund Class Y is an actively managed mutual fund focused on the global health care sector. Its primary goal is capital appreciation, achieved by investing predominantly in common stocks of large and midsize health care companies worldwide, including both growth and value stocks. The fund employs a research-driven approach, combining thorough fundamental analysis with technical expertise to identify opportunities across the health care landscape, while also closely tracking scientific innovations and regulatory developments that may impact the sector.
The fund maintains a non-diversified portfolio, with at least 80% of assets allocated to health care-related securities, spanning companies engaged in pharmaceuticals, biotechnology, medical devices, health care services, and related industries. Its top holdings often include major players such as Eli Lilly, UnitedHealth Group, and AbbVie, reflecting a bias toward established leaders in the sector.
With a significant portion of assets invested internationally, the fund provides broad exposure to health care markets in both the United States and abroad. Its institutional share class, Class Y, typically features a lower expense structure, making it suitable for larger investors and retirement plans. Putnam Global Health Care Fund Class Y serves investors seeking targeted exposure to the innovation-driven global health care industry.
Fund Family Franklin Templeton, Inc
Category Health
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol PHSYX
Share Class Class Y Shares
Index MSCI World/Health Care NR
PHSYX had a total return of 20.38% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.61%.
