Value equities
An active strategy for harnessing the potential of U.S. value stocks
Global expertise
Portfolio Manager Darren Jaroch manages U.S. and international portfolios, giving him broad investing insight. His knowledge of the landscape across global markets enhances his research of U.S. companies and dividend opportunities for Putnam Large Cap Value Fund.
Multiple sources of insight
In managing the fund, Darren combines his own analysis with research and ideas from analysts in Putnam's Equity Research organization as well as information from quantitative screening and risk-management tools.
A strategic dividend investor
"It's important to differentiate companies that can simply support a dividend from those that can grow that dividend," says Darren of his approach, which focuses on company cash flows, earnings quality, and capital allocation.
Putnam Large Cap Value Fund PEIYX
Analyze the fund's performance in FundVisualizer, including its risk-adjusted returns versus its benchmark.
I've always been patient and disciplined. And I think those traits have served me well as an investor.
Darren A. Jaroch, CFA
Portfolio Manager | Industry since 1996
22
years in the investment industry
19
years managing value portfolios at Putnam
35
analysts provide support for Darren's research and stock selection process
A multidimensional approach to value investing
A distinct feature of Putnam Large Cap Value Fund is Darren's multidimensional strategy — in which he targets a wider array of opportunities than many other large-cap value funds. In selecting stocks, he places extra emphasis on businesses that could enhance the fund's capital appreciation potential.
VALUE STOCKS | Attractively priced stocks of companies that are poised for improvement
DIVIDEND GROWERS | Stocks of companies that are willing and able to increase their dividends
CASH-FLOW GENERATORS | Stocks of companies with strong cash flows, earnings quality, and capital allocation strategies
From our equity investment professionals
The power of diversified alpha
Our diversified alpha approach seeks to avoid performance extremes. We use a stock-driven, rather than style-driven, process that gives us the chance to outperform our benchmarks in all market environments.
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