C000071536 Fees and Costs — Putnam Global Technology Fund, Class B
Data updated: 2026-07-27
The net expense ratio is 1.91%: a 0.62% management fee, a 1.00% 12b-1 fee plus 0.29% other expenses. This share class carries a deferred sales charge of up to 5.00%. In fiscal 2025 the fund paid $1.7M in broker commissions, 0.1338% of average net assets, and portfolio turnover was 66%.
C000071536 Fees and Expenses
Annual operating expenses and sales charges of C000071536. Prospectus, as of December 31, 2019.
| Annual operating expenses | |
|---|---|
| Management fee | 0.62% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.29% |
| Gross expense ratio | 1.91% |
| Fee waiver | — |
| Net expense ratio | 1.91% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 5.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
C000071536 Costs Over Time
On $10,000 invested in C000071536, assuming 5% a year before costs, total costs come to $1,252 over 5 years, cutting the return by 2.15% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $514 | $0 | $0 |
| Fund expenses (net expense ratio 1.91%) | $201 | $619 | $1,062 |
| Trading costs (broker commissions) | $14 | $43 | $74 |
| Lost growth on money paid in costs | $0 | $33 | $116 |
| Total costs | $729 | $695 | $1,252 |
| Value after costs | $9,771 | $10,881 | $11,511 |
| Impact on return, per year | 7.29% | 2.15% | 2.15% |
C000071536 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1338%
- Total broker commissions: $1.7M
- Bought from dealers (principal trades, not a cost): $30.6M
- Portfolio turnover (prospectus): 66%
- Securities on loan, average value: $1.3M
- Net income from securities lending: $8K (0.001% of average net assets)
C000071536 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $552K | 41.04% |
| J.P. Morgan Securities LLC | $143K | 10.66% |
| Goldman Sachs & Co. LLC | $136K | 10.13% |
| UBS Securities LLC | $103K | 7.62% |
| Citigroup Global Markets Inc. | $99K | 7.35% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $74K | 5.50% |
| Jefferies LLC | $65K | 4.84% |
| RBC Capital Markets, LLC | $62K | 4.62% |
| Mizuho Securities USA LLC | $59K | 4.36% |
| Macquarie Capital (USA) Inc. | $52K | 3.89% |
C000071536 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BMO Capital Markets Corp. | $10.1M | 33.52% |
| J.P. Morgan Securities LLC | $5.6M | 18.72% |
| BofA Securities, Inc. | $4.0M | 13.11% |
| Morgan Stanley & Co. LLC | $3.4M | 11.12% |
| Citigroup Global Markets Inc. | $2.7M | 8.97% |
| Goldman Sachs & Co. LLC | $2.0M | 6.74% |
| Wells Fargo Securities, LLC | $1.0M | 3.47% |
| Nomura Securities International, Inc. | $502K | 1.66% |
| UBS Securities LLC | $417K | 1.38% |
| Barclays Capital, Inc. | $395K | 1.31% |
Putnam Global Technology Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| C000203065 | Class R6 | 0.69% | none |
| C000071540 | Class Y | 0.79% | none |
| C000071535 | Class A | 1.04% | 5.75% |
| C000071539 | Class R | 1.29% | none |
| C000071537 | Class C | 1.79% | none |
| C000071536 | Class B | 1.91% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.