Morningstar Rating

Fund Research and Analysis

by Jonathan Rahbar
Putnam Fund for Growth & Income looks better, but we're still not convinced.

From 2001 to 2008, this fund couldn't manage to outperform its large-value peers in any given year. But, after several years of dismal returns, the fund has been doing better with the recent bounce in equity markets.  Read more 

Kudos

Below-average expenses. Read more 

Risks

This fund has experienced significant management turnover in recent years. Read more 

Strategy

This fund's manager, Bob Ewing, follows a fundamentally based investing approach and uses traditional analyst-driven research. Ewing replaced former fundamental manager Eric Harthun in November 2008, and he plans to adhere to a relative-value approach but will also look to a stock's growth characteristics and catalysts that imply future improved firm positioning.  Read more 

Management

Bob Ewing is this fund's primary manager. Ewing replaced fundamental manager Eric Harthun in November 2008 and previously was lead manager on a number of RiverSource offerings, including RiverSource Large Cap Value.  Read more 

Inside Scoop

Putnam and this fund has gone through numerous management changes in the executive and investment-management ranks over the last year, fostering a lot of uncertainty.  Read more 

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