A veteran lead manager handles Putnam Multi-Cap Core, but process inconsistency warrants a Morningstar Analyst Rating of Neutral across all share classes.
Will PMYZX 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 PMYZX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PMYZX 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 PMYZX’s parent organization’s priorities and whether they’re in line with investors’ interests.