- ISIN
- US7467781099
- CUSIP
- 746778109
- Issuer
- Putnam
- Inception Date
- May 27, 1982
- Category
- Health & Biotech Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
Share Price Chart
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Performance
PHSTX Performance Chart
Putnam Global Health Care Fund (PHSTX) is down 2.4% since the beginning of the year. PHSTX is currently trading at $62 per share. Investors who bought $1,000 worth of PHSTX shares 5 years ago would now be looking at an investment worth $1,331.
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Returns By Period
Putnam Global Health Care Fund (PHSTX) has returned -2.43% so far this year and 15.68% over the past 12 months. Over the last ten years, PHSTX has returned 9.18% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Putnam Global Health Care Fund
- 1D
- -1.11%
- 1M
- -1.46%
- YTD
- -2.43%
- 6M
- -2.59%
- 1Y
- 15.68%
- 3Y*
- 6.74%
- 5Y*
- 5.89%
- 10Y*
- 9.18%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.15%
- 1Y
- 24.03%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
PHSTX Monthly Returns History
Based on dividend-adjusted daily data since May 28, 1982, PHSTX's average daily return is +0.05%, while the average monthly return is +0.96%. At this rate, an investment would double in approximately 6.0 years.
Historically, 61% of months were positive and 39% were negative. The best month was Dec 1991 with a return of +14.1%, while the worst month was Oct 1987 at -21.1%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.
On a daily basis, PHSTX closed higher 53% of trading days. The best single day was Oct 8, 1986 with a return of +19.1%, while the worst single day was Oct 11, 1985 at -15.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.78% | 3.51% | -7.14% | -0.28% | 2.12% | -1.08% | -2.43% | ||||||
| 2025 | 6.26% | 2.53% | -3.54% | -1.83% | -6.24% | 2.17% | -3.43% | 6.93% | 1.55% | 3.39% | 9.09% | -1.45% | 15.20% |
| 2024 | 2.86% | 2.39% | 3.08% | -2.76% | 2.33% | 1.81% | 3.10% | 5.36% | -3.41% | -4.71% | -0.52% | -7.35% | 1.35% |
| 2023 | -1.93% | -3.44% | 3.32% | 1.94% | -0.63% | 3.32% | -0.09% | 0.28% | -1.46% | -3.59% | 6.23% | 5.38% | 9.11% |
| 2022 | -6.95% | -0.08% | 5.21% | -4.75% | -0.81% | -2.51% | 3.05% | -5.79% | -4.36% | 10.07% | 4.98% | -1.57% | -4.88% |
| 2021 | 0.40% | -1.77% | 2.21% | 3.21% | 1.65% | 2.05% | 2.15% | 4.22% | -3.73% | 5.12% | -3.99% | 7.13% | 19.60% |
Benchmark Metrics
Putnam Global Health Care Fund has an annualized alpha of 3.81%, beta of 0.73, and R2 of 0.54 versus S&P 500 Index. Calculated based on daily prices since May 28, 1982.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (83.52%) than losses (76.84%) - typical of diversified or defensive assets.
- This fund generated an annualized alpha of 3.81% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 3.81%
- Beta
- 0.73
- R²
- 0.54
- Upside Capture
- 83.52%
- Downside Capture
- 76.84%
Expense Ratio
PHSTX has a high expense ratio of 1.05%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
PHSTX ranks 17 for risk / return — in the bottom 17% of mutual funds on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Putnam Global Health Care Fund (PHSTX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PHSTX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.98 | ||
| Sortino ratioReturn per unit of downside risk | -1.09 | ||
| Omega ratioGain probability vs. loss probability | 1.19 | 1.37 | -0.18 |
| Calmar ratioReturn relative to maximum drawdown | 1.56 | 2.78 | -1.23 |
| Martin ratioReturn relative to average drawdown | 3.84 | 12.44 | -8.60 |
Dividends
Dividend History
Putnam Global Health Care Fund provided a 1.83% dividend yield over the last twelve months, with an annual payout of $1.13 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.13 | $1.13 | $2.74 | $3.25 | $4.38 | $7.60 | $5.71 | $3.23 | $3.12 | $8.54 | $5.35 | $8.22 |
Dividend yield | 1.83% | 1.79% | 4.92% | 5.62% | 7.82% | 11.98% | 9.58% | 5.72% | 6.82% | 17.31% | 10.65% | 13.06% |
Monthly Dividends
The table displays the monthly dividend distributions for Putnam Global Health Care Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.13 | $1.13 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.74 | $2.74 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.25 | $3.25 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.38 | $4.38 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $7.60 | $7.60 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Putnam Global Health Care Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Putnam Global Health Care Fund was 45.51%, occurring on Jul 23, 2002. Recovery took 1193 trading sessions.
The current Putnam Global Health Care Fund drawdown is 6.46%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Dot-com crash2000–2002 | -45.51%Jul 2002 | 1y 8mo | 4y 9mo | 6y 5moNov 2000 - Apr 2007 |
1984 bear market1984 | -36.46%Jul 1984 | 1y 28d | 1y 7mo | 2y 8moJun 1983 - Mar 1986 |
Black Monday1987 | -35.38%Oct 1987 | 2mo 1d | 1y 8mo | 1y 10moAug 1987 - Jul 1989 |
Financial crisis2007–2009 | -33.98%Mar 2009 | 1y 10mo | 1y 13d | 2y 10moMay 2007 - Mar 2010 |
1993 bear market1993 | -26.69%Feb 1993 | 1y 1mo | 1y 8mo | 2y 10moJan 1992 - Nov 1994 |
Drawdown Indicators
| PHSTX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -45.51% | -56.78% | +11.27% |
Max Drawdown (1Y)Largest decline over 1 year | -9.71% | -9.10% | -0.61% |
Max Drawdown (3Y)Largest decline over 3 years | -20.71% | -18.90% | -1.81% |
Max Drawdown (5Y)Largest decline over 5 years | -20.71% | -25.43% | +4.72% |
Max Drawdown (10Y)Largest decline over 10 years | -25.51% | -33.92% | +8.41% |
Current DrawdownCurrent decline from peak | -6.46% | -1.80% | -4.66% |
Average DrawdownAverage peak-to-trough decline | -9.92% | -10.71% | +0.79% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.93% | 2.03% | +1.90% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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