Putnam Global Incm Fund One Year Return
PGGYX Fund | USD 10.05 0.02 0.20% |
Putnam Global Incm fundamentals help investors to digest information that contributes to Putnam Global's financial success or failures. It also enables traders to predict the movement of Putnam Mutual Fund. The fundamental analysis module provides a way to measure Putnam Global's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Putnam Global mutual fund.
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Putnam Global Incm Mutual Fund One Year Return Analysis
Putnam Global's One Year Return is the annualized return generated from holding a security for exactly 12 months. The measure is considered to be good short-term measures of fund performance. In other words, it represents the capital appreciation of fund investments over the last year. However when the market is volatile such as in recent years, One Year Return measure can be misleading.
More About One Year Return | All Equity Analysis
One Year Return | = | (Mean of Monthly Returns - 1) | X | 100% |
Current Putnam Global One Year Return | 6.77 % |
Most of Putnam Global's fundamental indicators, such as One Year Return, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Putnam Global Incm is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Although One Year Fund Return indicator can give a sense of overall fund short-term potential, it is recommended to look at mid and long term return measure before selecting a particular fund or ETF. The great way to validate fund short-term performance is to compare it with other similar funds or ETFs for the same 12 months interval.
Competition |
Based on the recorded statements, Putnam Global Incm has an One Year Return of 6.7736%. This is 57.95% lower than that of the Putnam family and significantly higher than that of the World Bond category. The one year return for all United States funds is notably lower than that of the firm.
Putnam One Year Return Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Putnam Global's direct or indirect competition against its One Year Return to detect undervalued stocks with similar characteristics or determine the mutual funds which would be a good addition to a portfolio. Peer analysis of Putnam Global could also be used in its relative valuation, which is a method of valuing Putnam Global by comparing valuation metrics of similar companies.Putnam Global is currently under evaluation in one year return among similar funds.
Putnam Fundamentals
Price To Earning | 13.39 X | |||
Total Asset | 152.63 M | |||
Annual Yield | 0.01 % | |||
Year To Date Return | 1.66 % | |||
One Year Return | 6.77 % | |||
Three Year Return | (3.08) % | |||
Five Year Return | (1.72) % | |||
Ten Year Return | 3.64 % | |||
Net Asset | 231.77 M | |||
Last Dividend Paid | 0.02 | |||
Cash Position Weight | (43.08) % | |||
Bond Positions Weight | 35.40 % |
About Putnam Global Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Putnam Global Incm's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Putnam Global using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Putnam Global Incm based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Putnam Mutual Fund
Putnam Global financial ratios help investors to determine whether Putnam Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Putnam with respect to the benefits of owning Putnam Global security.
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