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Putnam Investments is an investment management firm founded in 1937 by George Putnam, who established one of the first balanced mutual funds, The George Putnam Fund of Boston. Headquartered in Boston, Massachusetts, it has offices in London, Tokyo, Frankfurt, Sydney, and Singapore. Putnam is currently a subsidiary of Franklin Templeton Investments.
On December 3, 2003, the SEC proposed new rules to stop after-hours trading in mutual funds. [9] [10] On December 18, 2003, the SEC “announced an enforcement action against Alliance Capital Management L.P. (Alliance Capital) for defrauding mutual fund investors. The SEC ordered Alliance Capital to pay $250 million.
The following is a limited list of mutual-fund families in the United States.A family of mutual funds is a group of funds that are marketed under one or more brand names, usually having the same distributor (the company which handles selling and redeeming shares of the fund in transactions with investors), and investment advisor (which is usually a corporate cousin of the distributor).
Below we share with you three top-ranked Putnam mutual funds. Each has earned a Zacks Mutual Fund Rank 1 (Strong Buy) 3 Top-Ranked Putnam Mutual Funds to Buy Today
Each has earned a Zacks Mutual Fund Rank 1 (Strong Buy) Below we share with you three top-ranked Putnam mutual funds. Each has earned a Zacks Mutual Fund Rank 1 (Strong Buy)
Putnam Investments managed assets worth more than $172 billion as of April 2018, of which $78 billion is allocated to more than 100 mutual funds, including equity and fixed income funds. The ...
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