Putnam Investments of Boston reopened its New Opportunities Fund to new investors on Jan. 10, but the availability was short-lived. After only nine trading days, the $34 billion portfolio surged another $1 billion, and Putnam decided to close the fund once again on Jan. 18, said a company spokesperson.

The draw to the Putnam New Opportunities Fund is notable, given its year-to-date return of minus three percent, according to data from Lipper of Summit, N.J. However, the fund has risen a cumulative 307 percent since 1994, according to Lipper.

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