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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Key stats


Assets under management (AUM)
‪2.93 B‬USD
Fund flows (1Y)
‪2.27 B‬USD
Dividend yield (indicated)
1.28%
Discount/Premium to NAV
0.09%
Shares outstanding
‪75.40 M‬
Expense ratio
0.56%

About Putnam Focused Large Cap Value ETF


Brand
Putnam
Home page
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
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Stock breakdown by region
94%5%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to PVAL via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PVAL trades at 37.98 USD today, its price has fallen −1.83% in the past 24 hours. Track more dynamics on PVAL price chart.
PVAL net asset value is 38.08 today — it's risen 9.61% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PVAL assets under management is ‪2.93 B‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PVAL price has risen by 8.17% over the last month, and its yearly performance shows a 4.31% increase. See more dynamics on PVAL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 9.61% over the last month, showed a −2.93% decrease in three-month performance and has increased by 6.09% in a year.
PVAL fund flows account for ‪2.27 B‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PVAL invests in stocks. See more details in our Analysis section.
PVAL expense ratio is 0.56%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PVAL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PVAL technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PVAL shows the buy signal. See more of PVAL technicals for a more comprehensive analysis.
Yes, PVAL pays dividends to its holders with the dividend yield of 1.28%.
PVAL trades at a premium (0.09%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PVAL shares are issued by Franklin Resources, Inc.
PVAL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on May 25, 2021.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.