
Comanagers have changed often over the years.Above-average fees.Joe Joseph has a long tenure on the fund.Willing to veer substantially away from benchmark.Decent record.Joe Joseph has been the lead manager at this fund since 1999 and at Putnam since 1994. Comanager Randy Farina joined in 2004 and
Comanagers Randy Farina and John McLanahan support Joseph, and the trio also runs Putnam International Capital Opportunities PNVAX .USAPCOAXononSupporting PlayerSupportingManagement buys small-cap stocks that look cheap based on the firms' expected earnings
funds or shown the exit. Joseph helps run other offerings for the firm, including Putnam International Capital Opportunities PNVAX .USAPCOAXononSupporting PlayerSupportingThis small-cap fund has a sensible approach and a reasonable price tag. However
funds or shown the exit. Joseph helps run other offerings for the family, including Putnam International Capital Opportunities PNVAX .USAPCOAXononSupporting PlayerSupportingThis small-cap fund has a sensible approach and a reasonable price tag. However
Membership of management team has changed often over the years.Sweeping changes underway at Putnam add uncertainty to outlook for all funds.Joe Joseph has very long tenure on the fund.Willing to veer substantially away from benchmark.Solid record.Both managers have more than $1 million of their own
rallied strongly. But that doesn't mean such a fund was doomed. Take a look at Putnam International Capital Opportunities PNVAX : Although it had the fourth-largest Japan weighting of the 30 separate funds in the foreign small/mid-value category
and Swiss airport shop operator Dufry. We think this fund deserves consideration. Putnam International Capital Opportunities PNVAX This fund has a more tenured manager at its helm than the preceding two funds, but Joe Joseph has had a roller-coaster ride
elsewhere. Interestingly, her colleague at Putnam, Joe Joseph of small-cap focused Putnam International Capital Opportunities PNVAX , is in the opposite camp. He says prices have not come down nearly enough to provide a lot of enticing opportunities in emerging
announced yet another departure--Christopher Crawford, a member of the team running International Capital Opportunities PNVAX --the same day it revealed that Arnold and Pollard were headed out the door. Changes of management can sometimes improve
hunter Longleaf Partners International LLINX have also lagged markedly in early 2003, as has Putnam International Voyager PNVAX , which favors fast-growing smaller caps. The long-term success, as well as the overall attractiveness, of those six