Putnam Managed High Yield Trust is a non-diversified, closed-end management investment company. The fund's investment objective is to seek high current income. The fund intends...
Nick C. Thakore and Robert D. Ewing to Lead Putnam's Large Cap Equities BOSTON -- Putnam Investments announced today that two distinguished equity fund managers, Nick C. Thakore, 41, and Robert D. Ewing, 40, will join the firm as Managing Directors and Portfolio Managers of Putnam's Large Cap Equities...
BOSTON -- Putnam Investments has named Jeffrey R. Carney, age 46, Senior Managing Director and Head of Global Marketing and Products, it was announced today by Putnam's President and CEO Robert L. Reynolds. The appointment is effective on October 27. "This new role at Putnam acknowledges the outstanding opportunities...
BOSTON -- The Board of Trustees of the Putnam Funds authorized the Putnam Fund's participation in the U.S. Treasury's Money Market Guaranty Program. The program provides coverage to shareholders of Putnam's retail money market funds as of the close of business on September 19, 2008. The temporary guaranty will...
Ciro Bracci admits that, at the time, he was "a little scared." Probably more than a little. It was late in 1967, and he was being invited to relocate the barber shop he opened several years earlier in the Pine Point section of Springfield, or "the Point," as he called...
BOSTON -- Putnam Investments and the Board of Trustees of the Putnam Funds announced today that the Trustees have authorized Putnam Master Intermediate Income Trust (NYSE: PIM) to conduct a tender offer, to be commenced in the first quarter of 2008, for 15% of the fund's outstanding shares, with a...
BOSTON -- Putnam Investments announced that shareholders have approved two mergers involving five Putnam closed-end funds. Putnam High Yield Municipal Trust (NYSE: PYM) will merge into Putnam Managed Municipal Income Trust (NYSE: PMM). Each of Putnam Investment Grade Municipal Trust (NYSE: PGM) and Putnam Municipal Bond Fund (NYSE: PMG) will...
Byline: Brooke Southall SAN FRANCISCO - Charles "Ed'' Haldeman Jr. has told his peers that he shares blame for the publicity fiasco that nearly sank Putnam Investments. The Boston-based chief executive of Putnam failed to grasp how his...
BOSTON -- Putnam Investments and the Board of Trustees of the Putnam Funds announced today that the Board of Trustees has formally approved i the merger of Putnam High Yield Municipal Trust (NYSE: PYM) into Putnam Managed Municipal Income Trust (NYSE: PMM) and ii the mergers of each of Putnam...
42 Retirement Systems of Alabama Millions Total assets $29,103 Defined benefit $28,098 Defined contribution $1,005 DEFINED BENEFIT PLAN: Employer DB contributions $684 Benefit payments $1,846 Asset...
As a mutual-fund shareholder, you wanted to believe there would be no more scandals, that the bad guys had been caught, would be punished, and that the worst was over. You would have been better off believing in the Tooth Fairy. An agreement reached last week between former Putnam Investments...
Get with it. That was the message for a gathering of mutual fund board executives this summer from a commissioner of the Securities and Exchange Commission, who stressed that part of their job included understanding issues important to the equity trading desks they oversee. SEC Commissioner Annette L. Nazareth encouraged...
Britain still continues to feel the shock waves emanating from the savage murder of a promising black student over 13 years ago. The parents of Stephen Lawrence suspected from the very first that police racism and corruption were behind the shocking inability of the authorities to build a proper case...
BOSTON -- Putnam High Income Securities Fund (NYSE: PCF), Putnam Master Intermediate Income Trust (NYSE: PIM) and Putnam Premier Income Trust (NYSE: PPT) held their annual meeting of shareholders on January 11, 2007.
BOSTON -- Putnam Investments announced today that the Trustees of the Putnam Funds have voted to recommend that shareholders of each of Putnam High Income Securities Fund (NYSE: PCF), Putnam Master Intermediate Income Trust (NYSE: PIM) and Putnam Premier Income Trust (NYSE: PPT) vote, at the funds' upcoming annual shareholder...
Notice is hereby given that a class action lawsuit was filed on April 7, 2006 in the United States District Court for the Eastern District of New York against American International Group, Inc. and certain of its affiliates, on behalf of those who purchased Putnam mutual funds from the AIG...
RECOMMENDED RESOURCES FOR CHILDREN WERE COMPILED BY THE ASSOCIATION FOR LIBRARY SERVICE TO CHILDREN AND FOR YOUNG ADULTS BY THE YOUNG ADULT LIBRARY SERVICES ASSOCIATION YALSA, DIVISIONS OF THE AMERICAN LIBRARY ASSOCIATION. NOTABLE CHILDREN'S BOOKS YOUNGER READERS Amanda...
On January 31, Gerry Putnam gave his final analyst briefing as chief executive of Archipelago Holdings. On March 7, he became president and co-chief operating officer of the newly formed New York Stock Exchange Group. The questions he fielded at the briefing go right to the ...
FOR A DESCRIPTION of each column heading, see page 72. Some other information about the taxable bond fund rankings: CATEGORY. Investment-grade corporate bond funds are classified as ST Corp (short-term), Int Corp (intermediate-term) or LT Corp (long-term). Government bond funds are ST...
FOR A description of each column heading, turn to page 72. Some additional information about the international stock fund listings: CATEGORY. Divers diversified international funds invest primarily in stocks of larger companies based outside the U.S. DivSm includes funds that invest in...
U.S. STOCK FUNDS are categorized by investment style. For more on investment style, see page 72. Among the most useful statistics on these pages are the columns showing the year-by-year decile rank of each fund within its investing style. In other words, a fund ranked 1 in...
