Separately Managed Accounts

Putnam strategies seek to outperform indexes with a disciplined investment process.

Each SMA provides exposure to Putnam's deep research expertise. Our teams seek stocks with idiosyncratic risks that can outperform their benchmarks. The portfolio managers have autonomy to pursue ideas with great potential value as alpha drivers. Active risk management helps to mitigate unintended bets.

Characteristics of Putnam managed account strategies

A focus on selecting stocks with idiosyncratic risks
Pursuit of alpha to achieve meaningful separation from benchmark indexes
Portfolio construction designed around client outcomes

To learn more about our offerings, please call our Client Engagement Center (CEC). We can explain the experience of the portfolio managers and the discipline of each investment process. We can also provide you with portfolio characteristics and performance information.

Putnam Composite AUM ($M) Inception Typical range
of portfolio
holdings
Related Putnam
mutual fund
(Benchmark index) Profile Strategy Composite Strategy Composite
U.S. Multi-Cap Core Equity Managed Account*
Russell 3000 Index
2,765 0.2 10/31/10 8/31/18 40–60 Multi-Cap Core Fund
U.S. Large Cap Growth Equity Managed Account*
Russell 1000 Growth Index
8,095 0.2 1/31/09 3/31/17 25-40 Growth Opportunities Fund
U.S. Large Cap Value Equity Managed Account*
Russell 1000 Value Index
16,125 25.6 12/31/92 11/30/16 35–45 Equity Income Fund
Sustainable Leaders
Russell 3000 Growth Index | S&P 500
5,511 5,511 3/31/18 3/31/18 50–80 Sustainable Leaders Fund
Sustainable Future
Russell Midcap Growth Index
447 447 11/30/17 11/30/17 40-70 Sustainable Future Fund
U.S. Small Cap Growth Equity
Russell 2000 Growth Index
536 536 1/31/00 1/31/00 60–80 Small Cap Growth Fund
International Durable Equity (ADR-Only)
MSCI All Country World Index ex-USA Growth (ND)
0.2 0.2 4/30/17 4/30/17 20–40

As of 6/30/19. Portfolio targets are subject to change.
* Strategy assets include assets for aggregate strategy accounts that are not reflected in the composite. Strategy inception represents the aggregate strategy inception date.

No assurance can be given that the investment objective will be achieved or that an investor will receive a return of all or part of his or her initial investment. Actual results could be materially different from the stated goals. Investors should carefully consider the risks involved before deciding to invest. As with any investment, there is a potential for profit as well as the possibility of loss.

Putnam Investments and its affiliates, which include The Putnam Advisory Company, LLC and Putnam Investment Management, LLC, is limited to providing non-discretionary investment management services through Separately Managed Account (SMA) programs or other platforms, where Putnam generally provides ongoing investment recommendations through one or more "model" portfolios, and the program sponsor, rather than Putnam, makes investment decisions and executes trades on behalf of its underlying clients. The program sponsor decides in its discretion whether to make any changes to the model that Putnam recommends, and is also solely responsible for determining the suitability of the strategy and investments for each client that participates.

Index Definitions:
The Russell 1000 Growth Index is an unmanaged index of those companies in the large-cap Russell 1000 Index chosen for their growth orientation. The Russell 1000 Value Index is an unmanaged index of those companies in the large-cap Russell 1000 Index chosen for their value orientation. The Russell 2000 Growth Index is an unmanaged index of those companies in the small-cap Russell 2000 Index chosen for their growth orientation. The Russell 3000 Index is an unmanaged index of the 3,000 largest U.S. companies. The Russell 3000 Growth Index is an unmanaged index of those companies in the broad-market Russell 3000 Index chosen for their growth orientation. The Russell Midcap Growth Index is an unmanaged index of those companies in the Russell Midcap Index chosen for their growth orientation. The S&P 500 Index is an unmanaged index of common stock performance. The MSCI All Country World Index ex-USA Growth Index captures large- and mid-cap securities exhibiting overall growth style characteristics across 22 developed market (DM) countries and 23 emerging-markets (EM) countries. You cannot invest directly in an index.

Frank Russell Company is the source and owner of the trademarks, service marks, and copyrights related to the Russell Indexes. Russell® is a trademark of Frank Russell Company.