A 47-year era at Putnam is coming to a close. Bob Reynolds and his team are preparing to merge away Putnam's [profile] former flagship mutual fund, Putnam Voyager.

Robert Brookby Putnam Investments Portfolio Manager

On Friday the board filed with the SEC to shut down the $3.3-billion, one-star, neutral-rated Putnam Voyager Fund. The plan is to merge the fund into the $609.2-million, three-star Putnam Growth Opportunities Fund on July 15.

Barron's picked up on the news. The publication calls Voyager Putnam's "long-time flagship stock mutual fund". In its heyday in 2000, before the bursting of the technology and other pain of the first decade of the new century, Voyager reached $26.2 billion.

Robert Brookby will PM the combined fund. Brookby has PMed Putnam Growth Opportunities since 2009, and he took Voyager earlier this year. 

Edited by: Neil Anderson, Managing Editor


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