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Morningstar

Putnam Emerging Markets Equity R PEMLX

Morningstar Analyst Rating
Quantitative rating as of
  • NAV / 1-Day Return 12.01  /  0.41 %
  • Total Assets 357.8 Mil
  • Adj. Expense Ratio
    1.580%
  • Expense Ratio 1.610%
  • Distribution Fee Level Average
  • Share Class Type Retirement, Medium
  • Category Diversified Emerging Mkts
  • Investment Style Large Growth
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 0.00
  • Turnover 127%

USD | NAV as of Jan 31, 2023 | 1-Day Return as of Jan 31, 2023, 11:16 PM GMT+00:00

Morningstar’s Analysis PEMLX

Will PEMLX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PEMLX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the PEMLX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of PEMLX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Summary

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The combination of a middling Process Pillar rating and a Below Average People Pillar rating limit Putnam Emerging Markets Equity R to a Morningstar Quantitative Rating of Negative. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

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