FAM Value InvFAMVX

Morningstar Rating

Fund Research and Analysis

by Michael Breen

FAM Value is a fine core holding.

This fund is lagging nearly all its rivals so far in 2009, but there's no need to worry. It's gained 14.4% for the year to date through Sept. 25--solid in anyone's book. It also lost much less than most in 2008, so Read more

Kudos

Great long-term record.

Experienced managers employ a disciplined strategy.

Tax-efficient. Read more

Risks

Bottom-up approach leads to sector concentrations that can put the fund out of step with the market at times. Read more

Strategy

The managers look for fundamentally strong companies that are trading at a discount. Good growth records, high margins, and strong balance sheets are important fundamental factors. The fund prefers to Read more

Management

Thomas Putnam has managed this fund since its inception in January 1987. John Fox joined him in May 2000. In addition to this fund, Putnam also manages FAM Equity-Income FAMEX. Both have ownership stakes in this offering and its parent, Fenimore Asset Read more

Inside Scoop

This stock-picker's fund has performed respectably over the long term and especially well when value stocks are running. However, the fairly concentrated portfolio can struggle Read more

First Name

Last Name

Email Address

Zip Code

Create Password

Verify Password

(6-15 characters; case sensitive)

What is your occupation or job title?

Select...

Your registration indicates agreement to the terms of use.

Dodge & Cox: Health Care Now More Attractive
Watch more