2 Newly Rated Putman Funds Worth Buying

2. CMG Absolute Return Strategies A

CMG Absolute Return Strategies A(CMGTX) seeks capital appreciation. The fund invests primarily in equity and fixed income securities of U.S. companies, both directly and indirectly through mutual funds, including open-end funds, closed-end funds and exchange-traded funds.

Expense Ratio: 3.31%

Three Year Total Return: 0.94%

Rated "C" by TheStreet Ratings:

1. FundX Tactical Total Return Fund

FundX Tactical Total Return Fund (TOTLX) seeks long-term capital appreciation and current income with an emphasis on risk management. The fund will typically hold a combination of core equity, balanced and fixed income mutual funds, as well as ETFs, and will emphasize risk management in structuring the portfolio.

Expense Ratio: 2.94%

Three Year Total Return: 4.48%

Rated "C" by TheStreet Ratings:

Here are the two newly rated stock mutual funds ranked at 'Sell':

2. Toews Hedged Emerging Markets

Toews Hedged Emerging Markets(JVTAX) seeks to provide long-term growth of capital. The fund is intended for investors who want to participate in the global emerging markets and also want to limit investment risk in periods when markets are falling in value.

Expense Ratio: 2.15%

Three Year Total Return: -5.8%

Rated "E-" by TheStreet Ratings:

1. Mutual International A