Illinois Class C Distribution Plan and Agreement between Putnam Mutual Funds Corp and Putnam High Yield Trust II
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Putnam Investments ? ETFs, Mutual Funds, Institutional, and 529. Putnam is the only fund family ranked in the top 10 by Barron's across all time periods. Barron's list of Best Fund Families, 2023.
Putnam Investments TypeSubsidiaryKey peopleRobert L. Reynolds, CEOProducts401(k)s, mutual funds, retirement plansAUMUS$ 165 billion (October 2022)Number of employees1,700+7 more rows
Although Putnam Investments itself is not a public company, GWL and Power are traded on the Toronto Stock Exchange.
Franklin Templeton will pay approximately $825 million2 in stock consideration up-front at closing and $100 million in cash 180 days after closing for 100% of Putnam.
Power Financial Corp. subsidiary Great-West Lifeco Inc. today announced a $4.6 billion deal to acquire U.S.-based Putnam Investments Trust.
The fixed income strategy includes funds with municipal bonds and tax-exempt bonds. Putnam Investment has more than 100 mutual funds and 60 institutional strategies across a range of asset classes and investment styles.
Founded in 1937, Putnam is a global asset management firm with $136 billion3 in AUM as of April 2023. Putnam has offices in Boston, London, Munich, Tokyo, Singapore and Sydney.