Mutual Funds - Profile

Putnam PanAgora Market Neutral Fund

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Status

Inactive Fund

Summary

The fund seeks to generate positive returns regardless of the market environment.

The fund invests in a diversified set of long and short strategies in global equity markets using quantitative models and fundamental and technical data. The fund determines disconnect between the stock price and company’s estimated future value which may or may not be fully realized in the market.

The fund invests in several pair trading strategies and looks for inefficiencies in different market segments, at different times and for different reasons that have low correlation to one another.

The fund seeks More

Price

  • Last Close
  • $8.81
    +0
  • 52 Week HL
  • $8.96 - $6.57
  • Net Assets
  • $8.72 M
  • Expense Ratio

Portfolio

  • Holdings
  • -
  • Turnover Ratio
  • -

Manager

  • Name
  • George D. Mussalli
  • Leadership
  • Single Manager
  • Tenure
  • 2003
  • Advisor

Documents

  • Prospectus
  • Fact Sheet
  • Annual Reports

Performance
6 % YTD

  • 3 Year
  • -4.13%
  • 5 Year
  • 0%
  • Best
  • 6.02%
    2021
  • Worst
  • -7.29%
    2019

Returns +
A

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
PPMRX 0%16%29%-6%19%8%-1%14%29%13%0%
S&P 500 21%16%29%-6%19%10%-1%11%30%13%0%

Returns +
Q

2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Q1 6.1% -4.5% -1.9% -1.5% - - - - - - -
Q2 -0.1% -0.9% -2.4% -3.7% -100% - - - - - -
Q3 - 2.7% -1.5% -0.7% -0.5% - - - - - -
Q4 - 0.2% -2.1% -1.1% -1.1% - - - - - -

Returns +
M

J F M A M J J A S O N D
2021 0.5% 1.4% 4.1% 0.6% -0.7% - - - - - - -
2020 -1.2% -2% -1.3% 0.7% -1.5% -0.1% 1.7% -0.2% 1.2% -1.7% 0.7% 1.2%

Annual Return

Index Comparison

Alpha

NAV