Putnam Focused Large Cap Value ETF
$54.11−0.03 (−0.06%)
- 0.56%
- $14.8B
- +31.5%
- 0.88%
- 1.7M sh
- $53.89
- low $41.86high $54.70
The ETF.net PVAL Grade
B
Score 59 out of 100
- 23 of 66
Score 59 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C47 out of 100Rank 33 of 66Mission
Whether the fund did what it promised, tested against its stated mandate.A75 out of 100Rank 14 of 27Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.A76 out of 100Rank 4 of 63Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A71 out of 100Rank 10 of 66Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D39 out of 100Rank 51 of 66Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A86 out of 100Rank 3 of 66
Our read on PVAL
BAn active value fund that acts like one: about 40 large-cap US names picked for growth and income, not an index on autopilot. Putnam's stockpicking desk, now flying Franklin Templeton colors.
The fund seeks capital growth and current income.
Why people hold it
- Concentrated by design: about 40 large-cap value names, so each pick carries real weight instead of vanishing into a 500-stock crowd.
- A multi-billion-dollar fund that trades actively, so getting in and out is rarely the hard part.
- The mandate names both goals: capital growth and current income. Distributions land quarterly.
- Running since 2021 and still doing the one job it advertises, US large-cap value, which puts it in the upper half of a crowded active-value field.
Worth knowing
- At 0.56% it sits about mid-pack for active value, but index-style rivals like AVLV (0.15%) and DFLV (0.21%) cost a fraction. You're paying for the stockpicker.
- Concentration cuts both ways. With about 40 holdings, one company's stumble moves this fund more than it would a broad index.
- Value is a style with long quiet stretches, and this fund stays in that lane rather than drifting toward whatever's leading.
PVAL Holdings
- Stocks
- 46
- 43%
- MSFT
Sectors
- Technology22.3%
- Financials17.9%
- Health Care14.8%
- Consumer Discretionary10.0%
- Energy8.5%
- Consumer Staples7.9%
- Industrials7.9%
- Utilities4.7%
- Materials3.2%
- Real Estate1.9%
- Communication0.9%
Geography
- United States97.53%
- United Kingdom1.53%
- Ireland0.94%
PVAL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
PVAL$13,148
Returns run to the Oct 12, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | PVAL |
|---|---|
| Year to date | +19.7% |
| 1 month | +0.6% |
| 3 months | +4.7% |
| 1 year | +31.5% |
| 3 years | +24.9% |
| 5 years | +17.1% |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | PVAL |
|---|---|---|
| 2026 YTD | +19.7% | |
| 2025 | +24.2% | |
| 2024 | +19.3% | |
| 2023 | +18.4% | |
| 2022 | −2.6% | |
| 2021 | +11.4% |
PVAL in the news
PVAL Dividends
- 0.88%
- $0.47
- $0.10 per share
- Quarterly
Distribution history
PVAL Risk
- 11.6%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 1.48
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −16.7%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.74
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PVAL Cost
0.56%
PVAL0.56%
- The middle half of US Active Value funds
- Median 0.55%
35 of the 66 US Active Value funds charge less.
Other funds in US Active Value
- BTEQIT. Rowe Price Equity Income ETFExpense ratio 0.54%1 year return +22.5%
- BLSVDLSV Disciplined Value ETFExpense ratio 0.40%1 year return +33.9%
- BVUSVVanguard Wellesley Income Fund - Vanguard Wellington U.S. Value Active ETFExpense ratio 0.30%1 year return —
- BACVUHartford Quality Value ETFExpense ratio 0.45%1 year return +24.9%
- BASLVAllspring Special Large Value ETFExpense ratio 0.35%1 year return +14.7%