Putnam Growth Opportunities Fund Y Shares

Frequently Asked Questions About PGOYX

What does PGOYX invest in?

Typically, the fund allocates a minimum of 80% of its total assets (including any funds borrowed for investment) to companies whose market capitalization mirrors those found within the Russell 1000 Growth Index. Its portfolio primarily consists of equity securities issued by substantial U.S. corporations, with a particular emphasis on growth-oriented equities. Growth stocks are identified as shares of companies projected to achieve earnings expansion at a pace exceeding comparable businesses, and whose operational development or other attributes are likely to drive appreciation in their share value. This fund operates as a non-diversified investment vehicle.

What is the expense ratio of PGOYX?

Putnam Growth Opportunities Fund Y Shares (PGOYX) charges an expense ratio of 0.68%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PGOYX?

Putnam Growth Opportunities Fund Y Shares (PGOYX) manages $14.71B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is PGOYX actively managed or an index fund?

PGOYX is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (PGOYX's is 0.68%) because there's no security selection cost.

When was PGOYX launched?

Putnam Growth Opportunities Fund Y Shares (PGOYX) launched in June 1999 and is managed by the fund issuer.

How has PGOYX performed?

PGOYX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.