Robert Reynolds - Putnam Managed President
PMM Stock | USD 6.19 0.02 0.32% |
President
Mr. Robert L. Reynolds Trustee, President of Putnam Funds of the Company. Mr. Reynolds is President and Chief Executive Officer of Putnam Investments, LLC since 2008 and, since 2014, President and Chief Executive Officer of GreatWest Life Annuity Insurance Company, a financial services company that provides retirement savings plans, life insurance, and annuity and executive benefits products, and of GreatWest Lifeco U.S. Inc., a holding company that owns Putnam Investments and GreatWest Financial. Mr. Reynolds is a member of Putnam Investments and GreatWest Financials Board of Directors, and President of the Putnam funds. He has more than 30 years of investment and financial services experience. Prior to joining Putnam Investments in 2008, Mr. Reynolds was Vice Chairman and Chief Operating Officer of Fidelity Investments from 2000 to 2007. During this time, he served on the Board of Directors for FMR Corporationrationration, Fidelity Investments Insurance Ltd., Fidelity Investments Canada Ltd., and Fidelity Management Trust Company. He was also a Trustee of the Fidelity Family of Funds. From 1984 to 2000, Mr. Reynolds served in a number of increasingly responsible leadership roles at Fidelity. Mr. Reynolds serves on several notforprofit boards, including those of the West Virginia University Foundation, Concord Museum, DanaFarber Cancer Institute and Boston Chamber of Commerce. He is a member of the Chief Executives Club of Boston, the National Innovation Initiative, and the Council on Competitiveness, and he is a former President of the Commercial Club of Boston. since 2019.
Age | 72 |
Tenure | 5 years |
Address | 100 Federal Street, Boston, MA, United States, 02110 |
Phone | 617-292-1000 |
Web | https://www.putnam.com/individual/mutual-funds/clo |
Putnam Managed Management Efficiency
The company has Return on Asset of 0.024 % which means that on every $100 spent on assets, it made $0.024 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0483 %, implying that it generated $0.0483 on every 100 dollars invested. Putnam Managed's management efficiency ratios could be used to measure how well Putnam Managed manages its routine affairs as well as how well it operates its assets and liabilities. As of the 22nd of November 2024, Return On Capital Employed is likely to grow to 0.06, while Return On Tangible Assets are likely to drop 0.03. At this time, Putnam Managed's Total Assets are very stable compared to the past year. As of the 22nd of November 2024, Net Tangible Assets is likely to grow to about 346.9 M, while Other Assets are likely to drop about 28.4 K.Similar Executives
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Management Performance
Return On Equity | 0.0483 | ||||
Return On Asset | 0.024 |
Putnam Managed Municipal Leadership Team
Elected by the shareholders, the Putnam Managed's board of directors comprises two types of representatives: Putnam Managed inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Putnam. The board's role is to monitor Putnam Managed's management team and ensure that shareholders' interests are well served. Putnam Managed's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Putnam Managed's outside directors are responsible for providing unbiased perspectives on the board's policies.
Robert Reynolds, President, Interested Trustee and Member of Investment Oversight Committee A | ||
CFA CFA, Portfolio Manager | ||
Susan McCormack, Senior Manager | ||
Michael Higgins, Vice President Treasurer, Clerk | ||
Robert Patterson, Independent Trustee | ||
Janet Smith, Principal Financial Officer, Principal Accounting Officer, Vice President, Assistant Treasurer | ||
George Putnam, Independent Trustee | ||
Mark Trenchard, Vice President , BSA Compliance Officer | ||
Manoj Singh, Independent Trustee | ||
Richard Kircher, Vice President BSA Compliance Officer | ||
Thalia CFA, Portfolio Manager | ||
Katinka Domotorffy, Independent Trustee | ||
Robert Burns, Vice President Chief Legal Officer | ||
Susan Malloy, Vice President Assistant Treasurer | ||
Kenneth Leibler, Chairman of the Board of the Trustee | ||
Joshua Brooks, Portfolio Manager | ||
Nancy Florek, Vice President Director - Proxy Voting and Corporate Governance, Assistant Clerk, and Associate Treasurer | ||
Barbara Baumann, Independent Trustee | ||
James Clark, Chief Compliance Officer, Vice President | ||
Catharine Hill, Independent Trustee | ||
Jonathan Horwitz, Principal Executive Officer, Executive Vice President and Compliance Liaison | ||
Paul Joskow, Independent Trustee | ||
Liaquat Ahamed, Independent Trustee | ||
Ravi Akhoury, Independent Trustee | ||
Mona Sutphen, Independent Trustee | ||
Denere Poulack, Assistant Vice President Assistant Treasurer, Assistant Clerk |
Putnam Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Putnam Managed a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
Return On Equity | 0.0483 | ||||
Return On Asset | 0.024 | ||||
Profit Margin | 1.02 % | ||||
Operating Margin | 0.87 % | ||||
Current Valuation | 393.94 M | ||||
Shares Outstanding | 45.74 M | ||||
Shares Owned By Insiders | 0.01 % | ||||
Shares Owned By Institutions | 16.10 % | ||||
Number Of Shares Shorted | 47.49 K | ||||
Price To Earning | 49.92 X |
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Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Putnam Managed. If investors know Putnam will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Putnam Managed listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.251 | Dividend Share 0.286 | Earnings Share 0.58 | Revenue Per Share 0.422 | Quarterly Revenue Growth (0) |
The market value of Putnam Managed Municipal is measured differently than its book value, which is the value of Putnam that is recorded on the company's balance sheet. Investors also form their own opinion of Putnam Managed's value that differs from its market value or its book value, called intrinsic value, which is Putnam Managed's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Putnam Managed's market value can be influenced by many factors that don't directly affect Putnam Managed's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Putnam Managed's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Managed is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Managed's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.