Putnam Multi-Cap Core’s veteran managers employ an opportunistic approach, which doesn’t make for a consistent offering. It warrants a Morningstar Analyst Rating of Neutral across all share classes.
Will PMYYX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PMYYX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PMYYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PMYYX’s parent organization’s priorities and whether they’re in line with investors’ interests.