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(PINVX) In Search of Growth and Value
Putnam Investors Fund

The stock market is generally efficient over time, but does make mistakes in evaluating businesses, especially when overwhelmed by negative macroeconomic trends or controversial situations. That’s the perfect opportunity for the Putnam Investors Fund. Unconstrained by a narrow growth or value universe, its managers focus on valuing businesses better than the market and capitalize on the gap between the stock price and the intrinsic value of the business behind it.

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