was the lead manager on Putnam Voyager PVOYX, and he comanaged Putnam Growth Opportunities POGAX and Putnam New Opportunities PNOPX . O Toole was the last major hire on the investment side before the current CEO Ed Haldeman replaced Larry Lasser, the firm
PMYAX. Brookby helms Putnam Growth Opportunities POGAX in addition to taking over responsibility for Putnam Multi-Cap Growth PNOPX , the fund formed when Vista and New Opportunities merged. David Calabro, formerly of MFS, now runs George Putnam Balanced
to expect a larger commitment. It would make the fund's expense ratio a bit easier to swallow. Putnam Multi-Cap Growth PNOPX and Putnam Growth Opportunities POGAX These large-growth funds are both on the pricey side at 1.29% and 1.32%, respectively
directed investor . " After sharing a story of how a financial advisor had suggested he hang on to Putnam New Opportunities PNOPX , woninvegas imparted the following advice : " 1 . Even if you have a financial advisor , always remember it's your money
Haddad as the fund's sole manager and also assumed management duties for the firm's all - cap fund , Putnam New Opportunities PNOPX . Morningstar hasn't spoken with Brookby about his strategy for this fund , but given his focus at Growth Opportunities
a vote of confidence from Putnam's management when he was recently tapped to lead the struggling Putnam New Opportunities PNOPX and Putnam Vista PVISX in addition to his duties here . Besides overseeing this fund's roughly $ 350 million , his new charges
stay away, and parent Marsh & McLennan MMC is trying to sell the firm. With the notable exception of Putnam New Opportunities PNOPX , Putnam's largest funds are mired in an awful slump. Striking, too, is the dearth of winners. Of the funds in the Morningstar
to rebound. Most of you (55%) believe it is Vanguard U.S. Growth VWUSX. Fidelity High Income SPHIX got 22% of your votes, while Putnam New Opportunities PNOPX received 14%. American Century Giftrust TWGTX came in last with 9%.
management over time. Moreover, the fund charges a low 0.77%, providing another boost to returns. Putnam New Opportunities A PNOPX Like Fidelity High Income, this fund has improved significantly since putting up awful returns in 2000
Today I ll look at the five largest 1-star funds to see if they have any redeeming qualities. Putnam New Opportunities PNOPX With large-growth funds down on their luck, it s tempting to simply blame the bear market. But this fund didn t do much