Putnam Growth Opportunities Fund (POGAX)

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Putnam Growth Opportunities Fund (POGAX) is up 9.7% since the beginning of the year. POGAX is currently trading at $82 per share. Investors who bought $1,000 worth of POGAX shares 5 years ago would now be looking at an investment worth $1,966.

Putnam Growth Opportunities Fund (POGAX) has returned 9.66% so far this year and 26.69% over the past 12 months. Looking at the last ten years, POGAX has achieved an annualized return of 18.54%, outperforming the S&P 500 Index benchmark, which averaged 13.75% per year.

Based on dividend-adjusted daily data since Jan 2, 1996, POGAX's average daily return is +0.05%, while the average monthly return is +0.94%. At this rate, an investment would double in approximately 6.2 years.

Historically, 61% of months were positive and 39% were negative. The best month was Dec 1999 with a return of +17.0%, while the worst month was Feb 2001 at -18.6%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.

On a daily basis, POGAX closed higher 53% of trading days. The best single day was Oct 13, 2008 with a return of +12.6%, while the worst single day was Mar 16, 2020 at -12.5%.

Putnam Growth Opportunities Fund has an annualized alpha of 0.94%, beta of 1.10, and R2 of 0.88 versus S&P 500 Index. Calculated based on daily prices since January 03, 1996.

• This fund captured 119.03% of S&P 500 Index gains and 111.49% of its losses - amplifying both gains and losses, but participating more in upside than downside.
• With beta of 1.10 and R2 of 0.88, this fund moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.

POGAX has a high expense ratio of 0.99%, indicating above-average management fees.

POGAX ranks 29 for risk / return — below 29% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

The table below present risk-adjusted performance metrics for Putnam Growth Opportunities Fund (POGAX) and compare them to S&P 500 Index.

Putnam Growth Opportunities Fund provided a 5.18% dividend yield over the last twelve months, with an annual payout of $4.27 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for Putnam Growth Opportunities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Putnam Growth Opportunities 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 Growth Opportunities Fund was 76.55%, occurring on Nov 20, 2008. Recovery took 2073 trading sessions.

The chart below shows the rolling one-month volatility.