Putnam market-timing payout grows

Article Abstract:

Putnam has disclosed that its final tab for settling state and federal market-timing charges have increased to $153.5 million, which is likely to be paid by the end of summer 2005. The Securities and Exchange Commission (SEC) will be adopting a new rule that will be allowing, but not requiring, mutual funds to charge redemption fees of no more than 2% on shares of funds held for less than seven days. The SEC has issued a deficient letter to the Phoenix Companies PNX.

Public Finance Activities, Florida, Investment Offices, Securities issued, listed, Mutual Fund Mgmt Companies, Portfolio Management, Public Finance-State, Expenditures-State Govt, Evaluation, Securities, Mutual funds, United States. Securities and Exchange Commission, Company securities, State finance, Putnam County, Florida

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TCW Galileo Total Return Bond

Article Abstract:

TCW Galileo Total Return Bond is considered as an Analyst Pick as it is a unique fund that has earned the trust of investors. Most investors are well served by owning a diversified core fund with exposure to multiple sectors, but this fund is an excellent choice for those seeking a bond fund almost exclusively in high-quality debt.

United States, Analysis, Return on investment, Rate of return, Bond funds

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