Putnam Global Health Care APHSTX

Putnam Global Health Care has merit, but not enough to tip the scales in its favor.

Christopher Stevo joined Kelsey Chen as a comanager of this fund in late January 2009. Stevo ran a sleeve of Putnam International Equity POVSX for about four years and is now responsible for this fund's international health-care picks.  Read more 

Management invests in a wide selection of health-care companies, including big-cap drugmakers, biotechnology companies, and both medical-services and medical-technology firms. Management invests across the market-cap spectrum and owns a chunk of foreign stocks as well.  Read more 

Christopher Stevo joined manager Kelsey Chen in late January 2009 to comanage this fund, and he is responsible for foreign stock selection. Stevo ran a sleeve of Putnam International Equity for four years prior to joining this team. Sheba Alexander and Kelsey Chen took over this fund in early 2005, and it was the first retail assignment for both.  Read more 

This fund reduced its reliance on large-cap drug stocks after new managers took over in 2005. Like other Putnam offerings, it marries quantitative screening and fundamental analysis.  Read more