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leveraged-company funds

edited December 2013 in Fund Discussions
http://www.bostonglobe.com/business/2013/12/31/putnam-david-glancy-boston-capital-fund-manager/ZanFc3kBx9f8a0VXUtbsHL/story.html

I assume this guy was Soviero's mentor or at least model (FLVCX). (If paywalled, just searched for putnam glancy boston globe or similar.) Solid strategies well-executed.

Comments

  • Dear davidmoran: Not a big fan of Putman Funds, however; you've got to give the devil his do.
    Happy New Year
    Ted

    M* Snapshot Of PVSAX: http://quotes.morningstar.com/fund/f?region=USA&t=PVSAX
    M* Snapshot OF PYSAX: http://quotes.morningstar.com/fund/f?region=USA&t=PYSAX
  • edited December 2013
    Concur; I know nothing about them and have never wanted to, although like MFS and some others they are a big part of the picture here in Boston. More important, they have made big talent raids on Fido, and some obviously have paid off. (Wonder how much other companies regularly offer Tillinghast.) I would steer people toward Soviero if they wanted to play in that interesting space. However, I hasten to add, as you and others would point out, that if the question is how much better does he do given the extra risk, if you overlay his results with others' (any time periods; not talking indexing), the answer is a little but not a lot. So....
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