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Putnam Focused Large Cap Value ETFPutnam Focused Large Cap Value ETFPutnam Focused Large Cap Value ETF

Putnam Focused Large Cap Value ETF

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Overview
Analysis
Holdings Discussions Technicals Seasonals

Key stats


Assets under management (AUM)
‪2.61 B‬ USD
Fund flows (1Y)
‪2.13 B‬ USD
Dividend yield (indicated)
1.33%
Discount/Premium to NAV
0.04%
Shares outstanding
‪70.83 M‬
Expense ratio
0.56%

About Putnam Focused Large Cap Value ETF


Issuer
Franklin Resources, Inc.
Brand
Putnam
Home page
putnam.com
Inception date
May 25, 2021
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Putnam Investment Management LLC
Distributor
Franklin Distributors LLC
PVAL highlights Putnams large-cap value stock selection expertise in an active, non-transparent ETF wrapper. Although the fund mainly invests in large-caps, it may also include some midcaps in the portfolio. After identifying undervalued stocks in the market, PVALs fund adviser may also consider other fundamental metrics such as financial strength, growth potential, industry position, projected earnings, cash flow and dividends to determine the funds holdings. Unlike traditional ETFs, PVAL only discloses its full holdings quarterly, with an 8-day lag. A tracking basket is published daily on its website, in place of the actual portfolio. This includes some of the funds holdings from recent disclosure, other liquid ETFs, cash and cash equivalents. Investors should note that a non-transparent structure could result in wider spreads.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Value
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance——————
NAV total return——————

What's in the fund


As of March 31, 2025
Exposure type
StocksBonds, Cash & Other
Finance
Stocks94.91%
Finance22.24%
Health Technology9.31%
Energy Minerals7.54%
Consumer Non-Durables6.41%
Retail Trade5.97%
Electronic Technology5.82%
Utilities5.10%
Transportation4.78%
Technology Services3.84%
Consumer Durables3.75%
Consumer Services3.68%
Process Industries3.64%
Producer Manufacturing3.29%
Health Services2.92%
Distribution Services2.91%
Communications1.93%
Non-Energy Minerals1.80%
Bonds, Cash & Other5.09%
Cash3.26%
Government1.02%
ETF0.80%
Stock breakdown by region
94%5%
North America94.17%
Europe5.83%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows