Current performance may be lower or higher than the quoted past performance, which cannot guarantee future results. Share price, principal value, and return will vary, and you may have a gain or loss when you sell your shares. Performance assumes reinvestment of distributions and does not account for taxes. The "before sales charge" performance does not reflect the current maximum sales charges, which we explain below. If performance did reflect the charges, it would be lower. The "after sales charge" performance (or returns at public offering price) varies by share class and fund. For class A and class M shares, the current maximum initial sales charges are 5.75% and 3.50% for equity funds and 4.00% and 3.25% for income funds, respectively (with these exceptions: 2.25% for class A of Putnam Floating Rate Income Fund, Short-Term Municipal Income, Short Duration Bond Fund, and Fixed Income Absolute Return Fund). Class B share performance reflects the applicable contingent deferred sales charge (CDSC), which is 5% in the first year, declines to 1% in the sixth year, and is eliminated thereafter (except for Putnam Floating Rate Income Fund, Putnam Short Duration Bond Fund, and Putnam Fixed Income Absolute Return Fund; for these funds, the CDSC is 1% in the first year, declines to 0.5% in the second year, and is eliminated thereafter). Class C share performance reflects a 1% CDSC the first year that is eliminated thereafter. Performance for class B, C, M, N, R, and Y shares prior to their inception is derived from the historical performance of class A shares by adjusting for the applicable sales charge (or CDSC) and, except for class Y shares, the higher operating expenses for such shares (note, for two funds — Putnam Tax-Free High Yield Fund and Putnam Strategic Intermediate Municipal Fund performance prior to inception is based on the historical performance of class B shares). Performance for class A, C, R6, and Y shares of Putnam Mortgage Opportunities Fund before their inception is derived from the historical performance of class I shares, which has been adjusted for the applicable sales charge (or CDSC) and the higher operating expenses for such shares. The "after sales charge" performance (at public offering price) for class N shares reflects the current maximum initial sales charge of 1.50%. Class R, R3, R4, R5, and R6 shares, which are available to qualified employee-benefit plans only, are sold without an initial sales charge and have no CDSC. Class Y shares are generally only available for corporate and institutional clients and have no initial sales charge. Performance for class R3 and R4 shares prior to their inception is derived from the historical performance of class Y shares by adjusting for the higher operating expenses for such shares. Performance for class R5 shares before their inception is derived from the historical performance of class Y shares, which has not been adjusted for the lower expenses; had it been adjusted, performance would be higher (with the exception of the RetirementReady Maturity, 2025, 2030, 2035, and 2040 Funds, for which performance is derived from the historical performance of class R6 shares and has been adjusted for the higher operating expenses for such shares; and the RetirementReady 2045, 2050, 2055, and 2060 Funds, for which performance is derived from the historical performance of class R6 shares and has not been adjusted for the lower expenses; had it been adjusted, performance would be higher). Performance for class R6 shares before their inception is derived from the historical performance of class Y shares, which has not been adjusted for the lower operating expenses; had it been adjusted, performance would be higher. For a portion of the period, some funds had expenses limitations or had been sold on a limited basis with limited assets and expenses. Had these limits not been in place, performance would be lower.
Active Equities
Small Cap Growth Fund (Class Y) (PSYGX)
Seeking to capitalize on growing small companies
Highlights
Objective
The fund seeks capital appreciation.
Strategy and process
- Small companies Often overlooked by Wall Street analysts, the stocks of small companies can represent attractive opportunities.
- A focus on growth Small companies tend to be flexible and innovative, and can often expand their earnings at faster rates than larger companies.
- A disciplined process The portfolio manager uses a disciplined bottom-up fundamental investment process that focuses on quality and growth.
Fund price and assets |
Yesterday’s close | 52-week high | 52-week low | Net assets and outstanding shares |
---|---|---|---|---|
Net asset value |
$50.15
0.86% | $0.43 |
$88.84
11/08/21 |
$47.30
06/16/22 |
Download CSV |
Fund facts as of 02/28/22
$837.88M
70%
Annually
86
June
746763499 / 1852
11/03/03
Growth
PSYGX
Literature
Fund documents |
Prospectuses/SAI |
Fact Sheet (R6 share) (PDF) |
Fact Sheet (YA share) (PDF) |
Annual Fund Report (PDF) |
Semiannual Fund Report (PDF) |
Quarterly Commentary (PDF) |
White Paper: Integrated Insights (PDF) |
Now what? What's next for tech
Although there are near-term challenges, we believe there remains a long runway for growth as technology companies penetrate massive addressable markets.Look beyond dividends for income from value investing
To build a value investment strategy, consider dividends in the context of overall income.War and inflation put bull market in hibernation
Investors may be underestimating the immense range of potential outcomes for the Russia-Ukraine War.Performance
Consistency of positive performance over five years
Performance shown above does not reflect the effects of any sales charges. Click on the dots to see specific returns in each five-year period as of the date revealed. Note that returns of 0.00% are counted as positive periods. For complete fund performance, please see below.
25.04%
Best 5-year annualized return
(for period ending 03/31/14)
-8.37%
Worst 5-year annualized return
(for period ending 03/31/09)
9.25%
Average 5-year annualized return
Total return (%) as of 06/30/22
Annual performance as of 06/30/22
Annualized Total return (%) as of 06/30/22
Annualized performance | 1 yr. | 3 yrs. | 5 yrs. | 10 yrs. |
---|---|---|---|---|
Before sales charge | -25.58% | 7.31% | 12.00% | 12.73% |
After sales charge | N/A | N/A | N/A | N/A |
Russell 2000 Growth Index | -33.43% | 1.40% | 4.80% | 9.30% |
Performance snapshot
Before sales charge | After sales charge | ||
---|---|---|---|
1 mt. as of 06/30/22 | -6.69% | - | |
YTD as of 07/05/22 | -29.77% | - | |
Risk-adjusted performance as of 02/28/22
Alpha (3 yrs.) | 10.43 |
---|---|
Sharpe ratio (3 yrs.) | 0.81 |
Treynor ratio (3 yrs.) | 20.57 |
Information ratio (3 yrs.) | 1.14 |
Volatility as of 02/28/22
Standard deviation (3 yrs.) | 21.75% |
---|---|
Beta | 0.86 |
R-squared | 0.88 |
Capture ratio as of 02/28/22
Up-market (3 yrs.) | 102.03 |
---|---|
Down-market (3 yrs.) | 72.60 |
Lipper rankings as of 02/28/22
Time period | Rank/Funds in category | Percentile ranking |
---|---|---|
1 yr. | 345/709 | 49% |
3 yrs. | 34/677 | 6% |
5 yrs. | 79/610 | 13% |
10 yrs. | 38/451 | 9% |
Morningstar Ratings™ as of 05/31/22
Time period | Funds in category | Morningstar Rating™ |
---|---|---|
Overall | 585 | |
3 yrs. | 585 | |
5 yrs. | 533 | |
10 yrs. | 395 |
Distributions
Record/Ex dividend date | 12/06/21 |
---|---|
Payable date | 12/08/21 |
Income | -- |
Extra income | -- |
Short-term cap. gain | $1.065 |
Long-term cap. gain | $9.272 |
Lipper rankings are based on total return without sales charge relative to all share classes of funds with similar objectives as determined by Lipper. Past performance is not indicative of future results.
The Morningstar RatingTM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.
The up-market capture ratio is used to evaluate how well an investment manager performed relative to an index during periods when that index has risen. The ratio is calculated by dividing the manager’s returns by the returns of the index during the up-market, and multiplying that factor by 100. The down-market capture ratio is used to evaluate how well an investment manager performed relative to an index during periods when that index has dropped. The ratio is calculated by dividing the manager’s returns by the returns of the index during the down-market and multiplying that factor by 100.
Holdings
Tfi International | 2.94% |
---|---|
R1 Rcm | 2.55% |
Colliers International Group | 2.46% |
Boot Barn Holdings | 2.43% |
Verra Mobility Corp | 2.19% |
Conmed Corp | 2.14% |
Nova | 2.12% |
Willscot Mobile Mini Holdings Corp | 2.07% |
Inmode | 2.05% |
Churchill Downs | 1.96% |
Top 10 holdings, percent of portfolio | 22.91% |
Top 10 holdings as of 02/28/22 | |
---|---|
Tfi International | |
R1 Rcm | |
Colliers International Group | |
Boot Barn Holdings | |
Verra Mobility Corp | |
Conmed Corp | |
Nova | |
Willscot Mobile Mini Holdings Corp | |
Inmode | |
Churchill Downs | |
Holdings represent 22.91% of portfolio |
Top 10 holdings as of 01/31/22 | |
---|---|
Tfi International | |
Colliers International Group | |
Boot Barn Holdings | |
Nova | |
Inmode | |
Medpace Holdings | |
R1 Rcm | |
Willscot Mobile Mini Holdings Corp | |
Verra Mobility Corp | |
Techtarget | |
Holdings represent 23.63% of portfolio |
Top 10 holdings as of 12/31/21 | |
---|---|
Boot Barn Holdings | |
Inmode | |
Tfi International | |
Nova | |
Medpace Holdings | |
Colliers International Group | |
R1 Rcm | |
Willscot Mobile Mini Holdings Corp | |
Techtarget | |
Hamilton Lane | |
Holdings represent 24.40% of portfolio |
Top 10 holdings as of 11/30/21 | |
---|---|
Inmode | |
Boot Barn Holdings | |
Tfi International | |
Medpace Holdings | |
Nova | |
Colliers International Group | |
Hamilton Lane | |
Techtarget | |
Scs Transportation | |
R1 Rcm | |
Holdings represent 24.48% of portfolio |
TFI INTERNATIONAL INC SEDOL BDRXBF4 | 3.04% |
---|---|
BOOT BARN HOLDINGS INC SEDOL BRS6600 | 2.68% |
R1 RCM INC SEDOL BD8PMK1 | 2.54% |
COLLIERS INTERNATIONAL GROUP SEDOL BYL7SB4 | 2.36% |
WILLSCOT MOBILE MINI HOLDING SEDOL BMHL0Z4 | 2.30% |
NOVA LTD SEDOL 2577740 | 2.22% |
CONMED CORP SEDOL 2216010 | 2.20% |
MEDPACE HOLDINGS INC SEDOL BDCBC61 | 2.07% |
VERRA MOBILITY CORP SEDOL BFXX5X8 | 2.04% |
TECHTARGET SEDOL B1XH822 | 2.03% |
MANHATTAN ASSOCIATES INC SEDOL 2239471 | 1.93% |
KINSALE CAPITAL GROUP INC SEDOL BD1MGQ3 | 1.90% |
CHURCHILL DOWNS INC SEDOL 2194105 | 1.85% |
LANTHEUS HOLDINGS INC SEDOL BP8S8J5 | 1.81% |
INMODE LTD SEDOL BK5Z9R9 | 1.79% |
WNS HOLDINGS LTD-ADR SEDOL B194GX4 | 1.77% |
PLANET FITNESS INC - CL A SEDOL BYSFJV8 | 1.75% |
NOVANTA INC SEDOL BD8S5H8 | 1.75% |
PERFICIENT INC SEDOL 2442547 | 1.72% |
FIVE BELOW SEDOL B85KFY9 | 1.71% |
MONTROSE ENVIRONMENTAL GROUP SEDOL BLCB610 | 1.67% |
PERFORMANCE FOOD GROUP CO SEDOL BYVYD43 | 1.63% |
PAYLOCITY HOLDING CORP SEDOL BKM4N88 | 1.62% |
RBC BEARINGS INC SEDOL B0GLYB5 | 1.60% |
SPS COMMERCE INC SEDOL B57VWJ3 | 1.59% |
SAIA INC SEDOL 2982399 | 1.56% |
KORN FERRY SEDOL 2386849 | 1.48% |
HAMILTON LANE INC-CLASS A SEDOL BF0SR29 | 1.48% |
LITTELFUSE INC SEDOL 2531832 | 1.45% |
ZIFF DAVIS INC SEDOL B75DGJ3 | 1.41% |
HALOZYME THERAPEUTICS INC SEDOL 2975098 | 1.39% |
SERVISFIRST BANCSHARES INC SEDOL BMH0MP5 | 1.35% |
LITHIA MOTORS INC SEDOL 2515030 | 1.28% |
ONTO INNOVATION INC SEDOL BKZ7N95 | 1.16% |
BIOHAVEN PHARMACEUTICAL HOLD SEDOL BZ8FXC4 | 1.16% |
EVERI HOLDINGS INC SEDOL BYV34V4 | 1.14% |
CHAMPIONX CORP SEDOL BMW7N69 | 1.11% |
AXONICS INC SEDOL BGDQ8B3 | 1.09% |
APPLIED INDUSTRIAL TECH INC SEDOL 2086309 | 1.08% |
MAGNOLIA OIL & GAS CORP - A SEDOL BF2GC59 | 1.08% |
RAPID7 INC SEDOL BZ22CY6 | 1.05% |
MATADOR RESOURCES CO SEDOL B7MSLL8 | 0.97% |
BANCORP INC/THE SEDOL B05BRL7 | 0.97% |
CABLE ONE INC SEDOL BZ07DS4 | 0.97% |
BRINK'S CO/THE SEDOL 2691305 | 0.96% |
DIGITAL TURBINE INC SEDOL BVFNZL6 | 0.94% |
OMNICELL INC SEDOL 2789523 | 0.92% |
SYNAPTICS INC SEDOL 2839268 | 0.90% |
RYMAN HOSPITALITY PROPERTIES SEDOL B8QV5C9 | 0.88% |
ULTRA CLEAN HOLDINGS INC SEDOL B00G0F2 | 0.86% |
CYTOKINETICS INC SEDOL BBBSBJ5 | 0.82% |
EMCOR GROUP INC SEDOL 2474164 | 0.79% |
SURGERY PARTNERS INC SEDOL BYTC1B2 | 0.73% |
WORKIVA INC SEDOL BSS6HY8 | 0.73% |
DECKERS OUTDOOR CORP SEDOL 2267278 | 0.72% |
SITEONE LANDSCAPE SUPPLY INC SEDOL BYQ7X81 | 0.70% |
ACCEL ENTERTAINMENT INC SEDOL BK7FYL6 | 0.68% |
ASCENDIS PHARMA A/S - ADR SEDOL BV9G6B8 | 0.67% |
REVOLVE GROUP INC SEDOL BJ1FD74 | 0.63% |
ALTRA INDUSTRIAL MOTION CORP SEDOL B1L82T2 | 0.62% |
KONTOOR BRANDS INC SEDOL BJTJGC4 | 0.62% |
RANPAK HOLDINGS CORP SEDOL BKBQD30 | 0.61% |
SPROUT SOCIAL INC - CLASS A SEDOL BKTNTS0 | 0.61% |
INSMED INC SEDOL 2614487 | 0.56% |
ATRICURE INC SEDOL B0C8KV2 | 0.56% |
OPTION CARE HEALTH INC SEDOL BKM5C62 | 0.55% |
PERIMETER SOLUTIONS SA SEDOL BP8KZH8 | 0.55% |
PACIRA BIOSCIENCES INC SEDOL B3X26D8 | 0.52% |
LIBERTY OILFIELD SERVICES -A SEDOL BDCWFT8 | 0.52% |
WALKER & DUNLOP INC SEDOL B4TZV44 | 0.51% |
SM ENERGY CO SEDOL 2764188 | 0.50% |
STEPSTONE GROUP INC-CLASS A SEDOL BLFDXF6 | 0.50% |
F45 TRAINING HOLDINGS INC SEDOL BL53KF5 | 0.48% |
AZEK CO INC/THE SEDOL BKPVG43 | 0.47% |
REPLIGEN CORP SEDOL 2731654 | 0.44% |
HEALTH CATALYST INC SEDOL BKLCX50 | 0.42% |
INTELLIA THERAPEUTICS INC SEDOL BYZM6C2 | 0.37% |
ANTARES PHARMA INC SEDOL 2383163 | 0.37% |
CASELLA WASTE SYSTEMS INC-A SEDOL 2120490 | 0.36% |
STAAR SURGICAL CO SEDOL 2836292 | 0.31% |
MP MATERIALS CORP SEDOL BN15Y35 | 0.29% |
ORION ENGINEERED CARBONS SA SEDOL BP8FKJ0 | 0.27% |
SILVERGATE CAPITAL CORP-CL A SEDOL BJ1DBR4 | 0.27% |
H AND E EQUIPMENT SERVICES INC | 0.25% |
DENALI THERAPEUTICS INC SEDOL BD2B4V0 | 0.23% |
ADVANCED DRAINAGE SYSTEMS IN SEDOL BP7RS59 | 0.10% |
BOOT BARN HOLDINGS INC SEDOL BRS6600 | 3.09% |
---|---|
INMODE LTD SEDOL BK5Z9R9 | 3.04% |
TFI INTERNATIONAL INC SEDOL BDRXBF4 | 2.75% |
NOVA LTD SEDOL 2577740 | 2.57% |
MEDPACE HOLDINGS INC SEDOL BDCBC61 | 2.39% |
COLLIERS INTERNATIONAL GROUP SEDOL BYL7SB4 | 2.32% |
R1 RCM INC SEDOL BD8PMK1 | 2.08% |
WILLSCOT MOBILE MINI HOLDING SEDOL BMHL0Z4 | 2.06% |
TECHTARGET SEDOL B1XH822 | 2.05% |
HAMILTON LANE INC-CLASS A SEDOL BF0SR29 | 2.05% |
SAIA INC SEDOL 2982399 | 2.02% |
FIVE BELOW SEDOL B85KFY9 | 1.92% |
MANHATTAN ASSOCIATES INC SEDOL 2239471 | 1.86% |
NOVANTA INC SEDOL BD8S5H8 | 1.86% |
MONTROSE ENVIRONMENTAL GROUP SEDOL BLCB610 | 1.85% |
CONMED CORP SEDOL 2216010 | 1.77% |
VERRA MOBILITY CORP SEDOL BFXX5X8 | 1.75% |
CHURCHILL DOWNS INC SEDOL 2194105 | 1.70% |
AZEK CO INC/THE SEDOL BKPVG43 | 1.69% |
KINSALE CAPITAL GROUP INC SEDOL BD1MGQ3 | 1.66% |
PAYLOCITY HOLDING CORP SEDOL BKM4N88 | 1.60% |
LITTELFUSE INC SEDOL 2531832 | 1.53% |
SPS COMMERCE INC SEDOL B57VWJ3 | 1.52% |
KORN FERRY SEDOL 2386849 | 1.48% |
PERFICIENT INC SEDOL 2442547 | 1.46% |
WNS HOLDINGS LTD-ADR SEDOL B194GX4 | 1.46% |
RBC BEARINGS INC SEDOL B0GLYB5 | 1.38% |
ZIFF DAVIS INC SEDOL B75DGJ3 | 1.29% |
HALOZYME THERAPEUTICS INC SEDOL 2975098 | 1.26% |
SITEONE LANDSCAPE SUPPLY INC SEDOL BYQ7X81 | 1.20% |
DIGITAL TURBINE INC SEDOL BVFNZL6 | 1.17% |
ONTO INNOVATION INC SEDOL BKZ7N95 | 1.16% |
BIOHAVEN PHARMACEUTICAL HOLD SEDOL BZ8FXC4 | 1.16% |
BROOKS AUTOMATION INC | 1.11% |
PERFORMANCE FOOD GROUP CO SEDOL BYVYD43 | 1.10% |
LITHIA MOTORS INC SEDOL 2515030 | 1.09% |
RANPAK HOLDINGS CORP SEDOL BKBQD30 | 1.07% |
CABLE ONE INC SEDOL BZ07DS4 | 1.06% |
REPLIGEN CORP SEDOL 2731654 | 1.02% |
ALTRA INDUSTRIAL MOTION CORP SEDOL B1L82T2 | 1.02% |
ULTRA CLEAN HOLDINGS INC SEDOL B00G0F2 | 1.00% |
RAPID7 INC SEDOL BZ22CY6 | 0.95% |
INSTALLED BUILDING PRODUCTS SEDOL BJSP4C9 | 0.92% |
NATERA INC SEDOL BYQRG48 | 0.91% |
APPLIED INDUSTRIAL TECH INC SEDOL 2086309 | 0.90% |
PATRICK INDUSTRIES INC SEDOL 2673154 | 0.89% |
CYTOKINETICS INC SEDOL BBBSBJ5 | 0.87% |
DECKERS OUTDOOR CORP SEDOL 2267278 | 0.85% |
INGEVITY CORP SEDOL BD4LHG4 | 0.84% |
AXONICS INC SEDOL BGDQ8B3 | 0.84% |
WINGSTOP INC SEDOL BYYXHN4 | 0.82% |
PLANET FITNESS INC - CL A SEDOL BYSFJV8 | 0.81% |
BRINK'S CO/THE SEDOL 2691305 | 0.80% |
EVERI HOLDINGS INC SEDOL BYV34V4 | 0.78% |
CROCS INC SEDOL B0T7Z62 | 0.76% |
SYNAPTICS INC SEDOL 2839268 | 0.74% |
SERVISFIRST BANCSHARES INC SEDOL BMH0MP5 | 0.74% |
JOHN BEAN TECHNOLOGIES CORP SEDOL B3BRJZ8 | 0.74% |
LANTHEUS HOLDINGS INC SEDOL BP8S8J5 | 0.72% |
CHAMPIONX CORP SEDOL BMW7N69 | 0.72% |
RH SEDOL BYXR425 | 0.70% |
SPROUT SOCIAL INC - CLASS A SEDOL BKTNTS0 | 0.69% |
WORKIVA INC SEDOL BSS6HY8 | 0.69% |
REVOLVE GROUP INC SEDOL BJ1FD74 | 0.67% |
ASCENDIS PHARMA A/S - ADR SEDOL BV9G6B8 | 0.63% |
STEPSTONE GROUP INC-CLASS A SEDOL BLFDXF6 | 0.61% |
ACCEL ENTERTAINMENT INC SEDOL BK7FYL6 | 0.61% |
OPEN LENDING CORP - CL A SEDOL BMTD3M6 | 0.60% |
HEALTH CATALYST INC SEDOL BKLCX50 | 0.59% |
KONTOOR BRANDS INC SEDOL BJTJGC4 | 0.59% |
INSMED INC SEDOL 2614487 | 0.56% |
ORION ENGINEERED CARBONS SA SEDOL BP8FKJ0 | 0.54% |
ATRICURE INC SEDOL B0C8KV2 | 0.51% |
PERIMETER SOLUTIONS SA SEDOL BP8KZH8 | 0.50% |
INTELLIA THERAPEUTICS INC SEDOL BYZM6C2 | 0.50% |
PHREESIA INC SEDOL BKF9DQ8 | 0.48% |
VERACYTE INC SEDOL BFTWZY0 | 0.43% |
F45 TRAINING HOLDINGS INC SEDOL BL53KF5 | 0.41% |
OMNICELL INC SEDOL 2789523 | 0.35% |
DENALI THERAPEUTICS INC SEDOL BD2B4V0 | 0.34% |
DIGITALOCEAN HOLDINGS INC SEDOL BNC23Q1 | 0.33% |
CASTLE BIOSCIENCES INC SEDOL BKLCWZ3 | 0.32% |
BEAUTY HEALTH CO/THE SEDOL BNQQ6C6 | 0.31% |
STAAR SURGICAL CO SEDOL 2836292 | 0.30% |
PACIFIC BIOSCIENCES OF CALIF SEDOL B4N8MH9 | 0.28% |
ANTARES PHARMA INC SEDOL 2383163 | 0.27% |
DEFINITIVE HEALTHCARE CORP SEDOL BMGSDK2 | 0.27% |
TURNING POINT THERAPEUTICS I SEDOL BJXBP30 | 0.26% |
SILVERGATE CAPITAL CORP-CL A SEDOL BJ1DBR4 | 0.23% |
Portfolio composition as of 02/28/22
Common stock | 96.06% |
---|---|
Cash and net other assets | 3.94% |
Fund characteristics will vary over time.
Due to rounding, percentages may not equal 100%.
Consider these risks before investing: Investments in small and/or midsize companies increase the risk of greater price fluctuations. Growth stocks may be more susceptible to earnings disappointments, and the market may not favor growth-style investing.
The value of investments in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general economic, political, or financial market conditions; investor sentiment and market perceptions; government actions; geopolitical events or changes; and factors related to a specific issuer, geography, industry, or sector. These and other factors may lead to increased volatility and reduced liquidity in the fund’s portfolio holdings. These risks are generally greater for small and midsize companies. From time to time, the fund may invest a significant portion of its assets in companies in one or more related industries or sectors, which would make the fund more vulnerable to adverse developments affecting those industries or sectors.
Our investment techniques, analyses, and judgments may not produce the outcome we intend. The investments we select for the fund may not perform as well as other securities that we do not select for the fund. We, or the fund’s other service providers, may experience disruptions or operating errors that could have a negative effect on the fund. You can lose money by investing in the fund.
Expenses
Expense ratio |
Class A | Class B | Class C | Class R | Class R6 | Class Y |
---|---|---|---|---|---|---|
Total expense ratio | 1.21% | 1.96% | 1.96% | 1.46% | 0.83% | 0.96% |
What you pay | 1.21% | 1.96% | 1.96% | 1.46% | 0.83% | 0.96% |
Sales charge
Investment Breakpoint | Class A | Class B | Class C | Class R | Class R6 | Class Y |
---|---|---|---|---|---|---|
$0-$49,999 | 5.75% | 0.00% | 0.00% | -- | -- | -- |
$50,000-$99,999 | 4.50% | 0.00% | 0.00% | -- | -- | -- |
$100,000-$249,999 | 3.50% | -- | 0.00% | -- | -- | -- |
$250,000-$499,999 | 2.50% | -- | 0.00% | -- | -- | -- |
$500,000-$999,999 | 2.00% | -- | 0.00% | -- | -- | -- |
$1M-$4M | 0.00% | -- | -- | -- | -- | -- |
$4M-$50M | 0.00% | -- | -- | -- | -- | -- |
$50M+ | 0.00% | -- | -- | -- | -- | -- |
CDSC
Class A (sales for $1,000,000+) | Class B | Class C | Class R | Class R6 | Class Y | |
---|---|---|---|---|---|---|
0 to 9 mts. | 1.00% | 5.00% | 1.00% | -- | -- | -- |
9 to 12 mts. | 1.00% | 5.00% | 1.00% | -- | -- | -- |
2 yrs. | 0.00% | 4.00% | 0.00% | -- | -- | -- |
3 yrs. | 0.00% | 3.00% | 0.00% | -- | -- | -- |
4 yrs. | 0.00% | 3.00% | 0.00% | -- | -- | -- |
5 yrs. | 0.00% | 2.00% | 0.00% | -- | -- | -- |
6 yrs. | 0.00% | 1.00% | 0.00% | -- | -- | -- |
7+ yrs. | 0.00% | 0.00% | 0.00% | -- | -- | -- |
The Russell 2000® Growth Index is an unmanaged index of those companies in the small-cap Russell 2000® Index chosen for their growth orientation. You cannot invest directly in an index.
Consider these risks before investing: Investments in small and/or midsize companies increase the risk of greater price fluctuations. Growth stocks may be more susceptible to earnings disappointments, and the market may not favor growth-style investing.
The value of investments in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general economic, political, or financial market conditions; investor sentiment and market perceptions; government actions; geopolitical events or changes; and factors related to a specific issuer, geography, industry, or sector. These and other factors may lead to increased volatility and reduced liquidity in the fund’s portfolio holdings. These risks are generally greater for small and midsize companies. From time to time, the fund may invest a significant portion of its assets in companies in one or more related industries or sectors, which would make the fund more vulnerable to adverse developments affecting those industries or sectors.
Our investment techniques, analyses, and judgments may not produce the outcome we intend. The investments we select for the fund may not perform as well as other securities that we do not select for the fund. We, or the fund’s other service providers, may experience disruptions or operating errors that could have a negative effect on the fund. You can lose money by investing in the fund.