Current performance may be lower or higher than the quoted past performance, which cannot guarantee future results. Share price, principal value, and return will vary, and you may have a gain or loss when you sell your shares. Performance assumes reinvestment of distributions and does not account for taxes. The "before sales charge" performance does not reflect the current maximum sales charges, which we explain below. If performance did reflect the charges, it would be lower. The "after sales charge" performance (or returns at public offering price) varies by share class and fund. For class A and class M shares, the current maximum initial sales charges are 5.75% and 3.50% for equity funds and 4.00% and 3.25% for income funds, respectively (with these exceptions: 2.25% for class A of Putnam Floating Rate Income Fund, Short-Term Municipal Income, Short Duration Bond Fund, and Fixed Income Absolute Return Fund). Class B share performance reflects the applicable contingent deferred sales charge (CDSC), which is 5% in the first year, declines to 1% in the sixth year, and is eliminated thereafter (except for Putnam Floating Rate Income Fund, Putnam Short Duration Bond Fund, Putnam Fixed Income Absolute Return Fund, and Putnam Short-Term Municipal Income Fund; for these funds, the CDSC is 1% in the first year, declines to 0.5% in the second year, and is eliminated thereafter). Class C share performance reflects a 1% CDSC the first year that is eliminated thereafter. Performance for class B, C, M, N, R, and Y shares prior to their inception is derived from the historical performance of class A shares by adjusting for the applicable sales charge (or CDSC) and, except for class Y shares, the higher operating expenses for such shares (note, for two funds — Putnam Tax-Free High Yield Fund and Putnam Strategic Intermediate Municipal Fund performance prior to inception is based on the historical performance of class B shares). Performance for class A, C, R6, and Y shares of Putnam Mortgage Opportunities Fund before their inception is derived from the historical performance of class I shares, which has been adjusted for the applicable sales charge (or CDSC) and the higher operating expenses for such shares. The "after sales charge" performance (at public offering price) for class N shares reflects the current maximum initial sales charge of 1.50%. Class R, R3, R4, R5, and R6 shares, which are available to qualified employee-benefit plans only, are sold without an initial sales charge and have no CDSC. Class Y shares are generally only available for corporate and institutional clients and have no initial sales charge. Performance for class R3 and R4 shares prior to their inception is derived from the historical performance of class Y shares by adjusting for the higher operating expenses for such shares. Performance for class R5 shares before their inception is derived from the historical performance of class Y shares, which has not been adjusted for the lower expenses; had it been adjusted, performance would be higher (with the exception of the RetirementReady Maturity, 2025, 2030, 2035, and 2040 Funds, for which performance is derived from the historical performance of class R6 shares and has been adjusted for the higher operating expenses for such shares; and the RetirementReady 2045, 2050, 2055, and 2060 Funds, for which performance is derived from the historical performance of class R6 shares and has not been adjusted for the lower expenses; had it been adjusted, performance would be higher). Performance for class R6 shares before their inception is derived from the historical performance of class Y shares, which has not been adjusted for the lower operating expenses; had it been adjusted, performance would be higher. For a portion of the period, some funds had expenses limitations or had been sold on a limited basis with limited assets and expenses. Had these limits not been in place, performance would be lower.
Active Equities
Large Cap Value Fund (Class Y) (PEIYX)
A multidimensional approach to value investing
Darren Jaroch, CFA, and Lauren DeMore, CFA, manage a disciplined process to target a wider array of opportunities than many other large-cap value funds. In selecting stocks, they place extra emphasis on businesses that could enhance the fund's capital appreciation potential.
Highlights
Objective
The fund seeks capital growth and current income.
Strategy and process
- A large-value focus The fund focuses on large companies whose stocks are priced below their long-term potential, and where there may be a catalyst for positive change.
- Dividend growth The fund places a distinct emphasis on companies that can grow their dividends and are able and willing to return cash to shareholders.
- A disciplined process The portfolio managers invest using fundamental research and quantitative tools supported by strong risk controls in portfolio construction.
Fund price |
Yesterday’s close | 52-week high | 52-week low |
|---|---|---|---|
| Net asset value |
$30.84
0.88% | $0.27 |
$31.44
06/04/21 |
$22.40
06/26/20 |
Fund facts as of 05/31/21
$16,514.84M
21%
Quarterly
84
November
746745405 / 1810
10/01/98
Value
PEIYX
Management team
Literature
Fund documents |
| Prospectuses/SAI |
| Fact Sheet (R6 share) (PDF) |
| Fact Sheet (YA share) (PDF) |
| Brochure (PDF) |
| Annual Fund Report (PDF) |
| Semiannual Fund Report (PDF) |
| Quarterly commentary (PDF) |
How BDCs can help in changing equity markets
Many features, including the potential for high yields, make BDCs a good counterweight to equity market volatility.Don't overlook international small caps
When focused on diversification one asset class that is often overlooked is non-U.S. small-caps.Time-as-a-Service, anyone?
The evolution of time-as-a-service illustrates the changing nature of economic moats, competitive advantages that protect a company’s market share.Performance
Consistency of positive performance over five years
Performance shown above does not reflect the effects of any sales charges. Click on the dots to see specific returns in each five-year period as of the date revealed. Note that returns of 0.00% are counted as positive periods. For complete fund performance, please see below.
21.69%
Best 5-year annualized return
(for period ending 06/30/99)
-2.12%
Worst 5-year annualized return
(for period ending 03/31/09)
10.46%
Average 5-year annualized return
Total return (%) as of 03/31/21
Annual performance as of 03/31/21
Annualized Total return (%) as of 03/31/21
| Annualized performance | 1 yr. | 3 yrs. | 5 yrs. | 10 yrs. |
|---|---|---|---|---|
| Before sales charge | 57.62% | 12.95% | 13.77% | 11.99% |
| After sales charge | N/A | N/A | N/A | N/A |
| Russell 1000 Value Index | 56.09% | 10.96% | 11.74% | 10.99% |
Performance snapshot
| Before sales charge | After sales charge | ||
|---|---|---|---|
| 1 mt. as of 05/31/21 | 3.14% | - | |
| YTD as of 06/24/21 | 17.98% | - | |
Yield
| Distribution rate before sales charge as of 06/24/21 |
1.49% |
|---|---|
| Distribution rate after sales charge as of 06/24/21 |
1.49% |
| 30-day SEC yield as of 05/31/21 | 1.23% |
Risk-adjusted performance as of 05/31/21
| Alpha (3 yrs.) | 1.99 |
|---|---|
| Sharpe ratio (3 yrs.) | 0.69 |
| Treynor ratio (3 yrs.) | 13.69 |
| Information ratio (3 yrs.) | 0.71 |
Volatility as of 05/31/21
| Standard deviation (3 yrs.) | 19.54% |
|---|---|
| Beta | 0.98 |
| R-squared | 0.98 |
Capture ratio as of 05/31/21
| Up-market (3 yrs.) | 101.75 |
|---|---|
| Down-market (3 yrs.) | 95.40 |
Lipper rankings as of 05/31/21
| Time period | Rank/Funds in category | Percentile ranking |
|---|---|---|
| 1 yr. | 195/343 | 57% |
| 3 yrs. | 74/322 | 23% |
| 5 yrs. | 47/306 | 16% |
| 10 yrs. | 33/238 | 14% |
Morningstar Ratings™ as of 05/31/21
| Time period | Funds in category | Morningstar Rating™ |
|---|---|---|
| Overall | 1140 | |
| 3 yrs. | 1140 | |
| 5 yrs. | 1009 | |
| 10 yrs. | 736 |
Distributions
| Record/Ex dividend date | 06/08/21 |
|---|---|
| Payable date | 06/10/21 |
| Income | $0.115 |
| Extra income | -- |
| Short-term cap. gain | -- |
| Long-term cap. gain | -- |
Lipper rankings are based on total return without sales charge relative to all share classes of funds with similar objectives as determined by Lipper. Past performance is not indicative of future results.
The Morningstar RatingTM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.
The up-market capture ratio is used to evaluate how well an investment manager performed relative to an index during periods when that index has risen. The ratio is calculated by dividing the manager’s returns by the returns of the index during the up-market, and multiplying that factor by 100. The down-market capture ratio is used to evaluate how well an investment manager performed relative to an index during periods when that index has dropped. The ratio is calculated by dividing the manager’s returns by the returns of the index during the down-market and multiplying that factor by 100.
Holdings
| Bank Of America Corp | 3.60% |
|---|---|
| JPMorgan Chase | 3.43% |
| Citigroup | 3.20% |
| Microsoft Corp | 2.95% |
| Walmart | 2.48% |
| Freeport-Mcmoran | 2.30% |
| General Motors | 2.11% |
| Southwest Airlines | 1.96% |
| Johnson Johnson | 1.90% |
| Abbvie | 1.78% |
| Top 10 holdings, percent of portfolio | 25.71% |
| Top 10 holdings as of 05/31/21 | |
|---|---|
| Bank Of America Corp | |
| JPMorgan Chase | |
| Citigroup | |
| Microsoft Corp | |
| Walmart | |
| Freeport-Mcmoran | |
| General Motors | |
| Southwest Airlines | |
| Johnson Johnson | |
| Abbvie | |
| Holdings represent 25.71% of portfolio | |
| Top 10 holdings as of 04/30/21 | |
|---|---|
| Bank Of America Corp | |
| JPMorgan Chase | |
| Microsoft Corp | |
| Citigroup | |
| Freeport-Mcmoran | |
| Walmart | |
| General Motors | |
| Southwest Airlines | |
| Johnson Johnson | |
| Cigna Corp | |
| Holdings represent 26.09% of portfolio | |
| Top 10 holdings as of 03/31/21 | |
|---|---|
| Bank Of America Corp | |
| JPMorgan Chase | |
| Citigroup | |
| Microsoft Corp | |
| Walmart | |
| Freeport-Mcmoran | |
| General Motors | |
| Southwest Airlines | |
| Johnson Johnson | |
| Cigna Corp | |
| Holdings represent 26.23% of portfolio | |
| Top 10 holdings as of 02/28/21 | |
|---|---|
| JPMorgan Chase | |
| Bank Of America Corp | |
| Microsoft Corp | |
| Citigroup | |
| Freeport-Mcmoran | |
| Walmart | |
| Southwest Airlines | |
| General Motors | |
| Johnson Johnson | |
| T-Mobile Us | |
| Holdings represent 26.33% of portfolio | |
| BANK OF AMERICA CORP SEDOL 2295677 | 3.54% |
|---|---|
| JPMORGAN CHASE & CO SEDOL 2190385 | 3.42% |
| CITIGROUP INC SEDOL 2297907 | 3.18% |
| MICROSOFT CORP SEDOL 2588173 | 3.00% |
| WALMART INC SEDOL 2936921 | 2.55% |
| FREEPORT-MCMORAN INC SEDOL 2352118 | 2.51% |
| GENERAL MOTORS CO SEDOL B665KZ5 | 2.20% |
| SOUTHWEST AIRLINES CO SEDOL 2831543 | 2.09% |
| JOHNSON & JOHNSON SEDOL 2475833 | 1.99% |
| CIGNA CORP SEDOL BHJ0775 | 1.75% |
| FIDELITY NATIONAL INFO SERV SEDOL 2769796 | 1.64% |
| NORTHROP GRUMMAN CORP SEDOL 2648806 | 1.62% |
| NRG ENERGY INC SEDOL 2212922 | 1.56% |
| CHARTER COMMUNICATIONS INC-A SEDOL BZ6VT82 | 1.55% |
| UNITED RENTALS INC SEDOL 2134781 | 1.54% |
| GOLDMAN SACHS GROUP INC SEDOL 2407966 | 1.53% |
| QUALCOMM INC SEDOL 2714923 | 1.51% |
| DOW INC SEDOL BHXCF84 | 1.50% |
| UNION PACIFIC CORP SEDOL 2914734 | 1.48% |
| PNC FINANCIAL SERVICES GROUP SEDOL 2692665 | 1.48% |
| CONOCOPHILLIPS | 1.46% |
| EXELON CORP SEDOL 2670519 | 1.45% |
| COMCAST CORP-CLASS A SEDOL 2044545 | 1.44% |
| ABBVIE INC SEDOL B92SR70 | 1.43% |
| PROCTER & GAMBLE CO/THE SEDOL 2704407 | 1.43% |
| TARGET CORP SEDOL 2259101 | 1.41% |
| VALERO ENERGY CORP SEDOL 2041364 | 1.37% |
| CORTEVA INC SEDOL BK73B42 | 1.35% |
| JOHNSON CONTROLS INTERNATION SEDOL BY7QL61 | 1.35% |
| AMGEN INC SEDOL 2023607 | 1.32% |
| BJ'S WHOLESALE CLUB HOLDINGS SEDOL BFZNZF8 | 1.27% |
| CRH PLC SEDOL 4182249 | 1.22% |
| GAMING AND LEISURE PROPERTIE SEDOL BFPK4S5 | 1.22% |
| MERCK & CO. INC. SEDOL 2778844 | 1.20% |
| AMERICAN ELECTRIC POWER SEDOL 2026242 | 1.19% |
| ELI LILLY & CO SEDOL 2516152 | 1.18% |
| ASSURED GUARANTY LTD SEDOL B00V7H8 | 1.14% |
| PULTEGROUP INC SEDOL 2708841 | 1.14% |
| REGENERON PHARMACEUTICALS SEDOL 2730190 | 1.11% |
| ACTIVISION BLIZZARD INC SEDOL 2575818 | 1.09% |
| EATON CORP PLC SEDOL B8KQN82 | 1.08% |
| CISCO SYSTEMS INC SEDOL 2198163 | 1.07% |
| HILTON WORLDWIDE HOLDINGS IN SEDOL BYVMW06 | 1.06% |
| PEPSICO INC SEDOL 2681511 | 1.05% |
| EXXON MOBIL CORP SEDOL 2326618 | 1.01% |
| HOME DEPOT INC SEDOL 2434209 | 1.00% |
| BOSTON PROPERTIES INC SEDOL 2019479 | 1.00% |
| RAYTHEON TECHNOLOGIES CORP SEDOL BM5M5Y3 | 0.98% |
| ASTRAZENECA PLC-SPONS ADR SEDOL 2989044 | 0.96% |
| RADIAN GROUP INC SEDOL 2173911 | 0.94% |
| AMERICAN TOWER CORP SEDOL B7FBFL2 | 0.91% |
| AMERICAN INTERNATIONAL GROUP SEDOL 2027342 | 0.88% |
| AXA SA SEDOL 7088429 | 0.88% |
| T-MOBILE US INC P/P 144A 05.2500 CV PFD | 0.86% |
| BAXTER INTERNATIONAL INC SEDOL 2085102 | 0.85% |
| T-MOBILE US INC SEDOL B94Q9V0 | 0.84% |
| SCHWAB (CHARLES) CORP SEDOL 2779397 | 0.84% |
| TEXAS INSTRUMENTS INC SEDOL 2885409 | 0.82% |
| DANAHER CORP SEDOL 2250870 | 0.80% |
| ARAMARK SEDOL BH3XG17 | 0.79% |
| HONEYWELL INTERNATIONAL INC SEDOL 2020459 | 0.78% |
| CAPITAL ONE FINANCIAL CORP SEDOL 2654461 | 0.78% |
| NXP SEMICONDUCTORS NV SEDOL B505PN7 | 0.77% |
| STATE STREET CORP SEDOL 2842040 | 0.77% |
| VONTIER CORP SEDOL BH4GV32 | 0.77% |
| FORTUNE BRANDS HOME & SECURI SEDOL B3MC7D6 | 0.76% |
| APOLLO GLOBAL MANAGEMENT INC SEDOL BKRLVD5 | 0.71% |
| KEURIG DR PEPPER INC SEDOL BD3W133 | 0.70% |
| AMEREN CORPORATION SEDOL 2050832 | 0.68% |
| ENTERPRISE PRODUCTS PARTNERS SEDOL 2285388 | 0.68% |
| DANAHER CORP 05.0000 CV PFD | 0.62% |
| TOTAL SE SEDOL B15C557 | 0.61% |
| BP PLC SEDOL 0798059 | 0.53% |
| KEYCORP SEDOL 2490911 | 0.51% |
| PFIZER INC SEDOL 2684703 | 0.45% |
| DUPONT DE NEMOURS INC SEDOL BK0VN47 | 0.36% |
| EOG RESOURCES INC SEDOL 2318024 | 0.33% |
| ALBEMARLE CORP SEDOL 2046853 | 0.27% |
| HALLIBURTON CO SEDOL 2405302 | 0.27% |
| GENERAL ELECTRIC CO SEDOL 2380498 | 0.24% |
| SHERWIN-WILLIAMS CO/THE SEDOL 2804211 | 0.21% |
| ATLANTIC ASSET SECURITIZATION 04821TR64 DCP 04/06/2021 | 0.16% |
| CHARTA LLC 16115VTG4 DCP 06/16/2021 | 0.16% |
| TREASURY BILL 00.0000 06/01/2021 | 0.03% |
| VIATRIS INC SEDOL BMWS3X9 | 0.02% |
| GBP/USD 06/16/2021 BCAP-FX | 0.01% |
| TREASURY BILL 00.0000 06/10/2021 | 0.01% |
| GBP/USD 06/16/2021 GSFX | 0.01% |
| CASH MGMT BILL 00.0000 07/06/2021 | 0.01% |
| EUR/USD 06/16/2021 UBS | 0.01% |
| EUR/USD 06/16/2021 SSBT | 0.01% |
| CASH MGMT BILL 00.0000 06/29/2021 | 0.01% |
| EUR/USD 06/16/2021 MSCIL | 0.01% |
| EUR/USD 06/16/2021 GSFX | 0.00% |
| EUR/USD 06/16/2021 HSBCB | 0.00% |
| OCCIDENTAL PETROLEUM -CW27 SEDOL BMVF784 | 0.00% |
| TREASURY BILL 00.0000 04/08/2021 | 0.00% |
| EUR/USD 06/16/2021 WPAC | 0.00% |
| TREASURY BILL 00.0000 06/03/2021 | 0.00% |
| GBP/USD 06/16/2021 HSBCB | 0.00% |
| HC BRILLANT SERVICES GMBH P/P | 0.00% |
| EUR/USD 06/16/2021 BANKAM | -0.00% |
| EUR/USD 06/16/2021 BCAP-FX | -0.00% |
| GBP/USD 06/16/2021 BANKAM | -0.00% |
| GBP/USD 06/16/2021 UBS | -0.00% |
| JPMORGAN CHASE & CO SEDOL 2190385 | 3.18% |
|---|---|
| MICROSOFT CORP SEDOL 2588173 | 3.16% |
| BANK OF AMERICA CORP SEDOL 2295677 | 3.09% |
| WALMART INC SEDOL 2936921 | 3.02% |
| CITIGROUP INC SEDOL 2297907 | 2.99% |
| FREEPORT-MCMORAN INC SEDOL 2352118 | 2.22% |
| JOHNSON & JOHNSON SEDOL 2475833 | 2.12% |
| QUALCOMM INC SEDOL 2714923 | 1.94% |
| CHARTER COMMUNICATIONS INC-A SEDOL BZ6VT82 | 1.86% |
| FIDELITY NATIONAL INFO SERV SEDOL 2769796 | 1.84% |
| SOUTHWEST AIRLINES CO SEDOL 2831543 | 1.78% |
| GENERAL MOTORS CO SEDOL B665KZ5 | 1.78% |
| NRG ENERGY INC SEDOL 2212922 | 1.73% |
| NORTHROP GRUMMAN CORP SEDOL 2648806 | 1.71% |
| CIGNA CORP SEDOL BHJ0775 | 1.68% |
| PROCTER & GAMBLE CO/THE SEDOL 2704407 | 1.63% |
| ELI LILLY & CO SEDOL 2516152 | 1.60% |
| ABBVIE INC SEDOL B92SR70 | 1.58% |
| EXELON CORP SEDOL 2670519 | 1.56% |
| UNION PACIFIC CORP SEDOL 2914734 | 1.56% |
| COMCAST CORP-CLASS A SEDOL 2044545 | 1.56% |
| DOW INC SEDOL BHXCF84 | 1.45% |
| MERCK & CO. INC. SEDOL 2778844 | 1.42% |
| TARGET CORP SEDOL 2259101 | 1.40% |
| PNC FINANCIAL SERVICES GROUP SEDOL 2692665 | 1.40% |
| GOLDMAN SACHS GROUP INC SEDOL 2407966 | 1.38% |
| GAMING AND LEISURE PROPERTIE SEDOL BFPK4S5 | 1.36% |
| AMGEN INC SEDOL 2023607 | 1.36% |
| ALBEMARLE CORP SEDOL 2046853 | 1.36% |
| AMERICAN ELECTRIC POWER SEDOL 2026242 | 1.31% |
| CRH PLC SEDOL 4182249 | 1.24% |
| CONOCOPHILLIPS | 1.23% |
| PEPSICO INC SEDOL 2681511 | 1.22% |
| ACTIVISION BLIZZARD INC SEDOL 2575818 | 1.21% |
| UNITED RENTALS INC SEDOL 2134781 | 1.21% |
| VALERO ENERGY CORP SEDOL 2041364 | 1.21% |
| BJ'S WHOLESALE CLUB HOLDINGS SEDOL BFZNZF8 | 1.18% |
| JOHNSON CONTROLS INTERNATION SEDOL BY7QL61 | 1.17% |
| HILTON WORLDWIDE HOLDINGS IN SEDOL BYVMW06 | 1.09% |
| ASTRAZENECA PLC-SPONS ADR SEDOL 2989044 | 1.07% |
| EATON CORP PLC SEDOL B8KQN82 | 1.04% |
| BOSTON PROPERTIES INC SEDOL 2019479 | 1.04% |
| PULTEGROUP INC SEDOL 2708841 | 1.04% |
| T-MOBILE US INC P/P 144A 05.2500 CV PFD | 1.04% |
| CISCO SYSTEMS INC SEDOL 2198163 | 1.03% |
| RAYTHEON TECHNOLOGIES CORP SEDOL BM5M5Y3 | 1.01% |
| T-MOBILE US INC SEDOL B94Q9V0 | 1.01% |
| SCHWAB (CHARLES) CORP SEDOL 2779397 | 0.98% |
| HOME DEPOT INC SEDOL 2434209 | 0.98% |
| AMERICAN TOWER CORP SEDOL B7FBFL2 | 0.96% |
| ASSURED GUARANTY LTD SEDOL B00V7H8 | 0.95% |
| RADIAN GROUP INC SEDOL 2173911 | 0.91% |
| BAXTER INTERNATIONAL INC SEDOL 2085102 | 0.90% |
| ARAMARK SEDOL BH3XG17 | 0.89% |
| DANAHER CORP SEDOL 2250870 | 0.88% |
| AXA SA SEDOL 7088429 | 0.87% |
| HONEYWELL INTERNATIONAL INC SEDOL 2020459 | 0.86% |
| EXXON MOBIL CORP SEDOL 2326618 | 0.83% |
| APOLLO GLOBAL MANAGEMENT INC SEDOL BKRLVD5 | 0.82% |
| AMERICAN INTERNATIONAL GROUP SEDOL 2027342 | 0.80% |
| TEXAS INSTRUMENTS INC SEDOL 2885409 | 0.80% |
| VONTIER CORP SEDOL BH4GV32 | 0.79% |
| FORTUNE BRANDS HOME & SECURI SEDOL B3MC7D6 | 0.76% |
| REGENERON PHARMACEUTICALS SEDOL 2730190 | 0.75% |
| STATE STREET CORP SEDOL 2842040 | 0.74% |
| AMEREN CORPORATION SEDOL 2050832 | 0.73% |
| KEURIG DR PEPPER INC SEDOL BD3W133 | 0.73% |
| DANAHER CORP 05.0000 CV PFD | 0.69% |
| NXP SEMICONDUCTORS NV SEDOL B505PN7 | 0.68% |
| CAPITAL ONE FINANCIAL CORP SEDOL 2654461 | 0.68% |
| ENTERPRISE PRODUCTS PARTNERS SEDOL 2285388 | 0.67% |
| TOTAL SE SEDOL B15C557 | 0.64% |
| PFIZER INC SEDOL 2684703 | 0.51% |
| BP PLC SEDOL 0798059 | 0.50% |
| KEYCORP SEDOL 2490911 | 0.48% |
| DUPONT DE NEMOURS INC SEDOL BK0VN47 | 0.38% |
| HALLIBURTON CO SEDOL 2405302 | 0.27% |
| EOG RESOURCES INC SEDOL 2318024 | 0.25% |
| SHERWIN-WILLIAMS CO/THE SEDOL 2804211 | 0.24% |
| GENERAL ELECTRIC CO SEDOL 2380498 | 0.22% |
| TREASURY BILL 00.0000 03/18/2021 | 0.05% |
| VIATRIS INC SEDOL BMWS3X9 | 0.03% |
| GBP/USD 03/17/2021 UBS | 0.01% |
| GBP/USD 03/17/2021 BANKAM | 0.00% |
| TREASURY BILL 00.0000 01/19/2021 | 0.00% |
| TREASURY BILL 00.0000 04/08/2021 | 0.00% |
| OCCIDENTAL PETROLEUM -CW27 SEDOL BMVF784 | 0.00% |
| EUR/USD 03/17/2021 BCAP-FX | 0.00% |
| EUR/USD 03/17/2021 BANKAM | 0.00% |
| GBP/USD 03/17/2021 HSBCB | 0.00% |
| HC BRILLANT SERVICES GMBH P/P | 0.00% |
| EUR/USD 03/17/2021 WPAC | -0.00% |
| EUR/USD 03/17/2021 GSFX | -0.00% |
| EUR/USD 03/17/2021 HSBCB | -0.00% |
| EUR/USD 03/17/2021 SSBT | -0.00% |
| EUR/USD 03/17/2021 UBS | -0.00% |
| GBP/USD 03/17/2021 GSFX | -0.02% |
| GBP/USD 03/17/2021 BCAP-FX | -0.02% |
Portfolio composition as of 05/31/21
| Common stock | 95.76% |
|---|---|
| Cash and net other assets | 2.73% |
| Convertible preferred stock | 1.51% |
Equity statistics as of 05/31/21
| Median market cap | $82.71B |
|---|---|
| Weighted average market cap | $192.69B |
| Price to book | 2.55 |
| Price to earnings | 15.87 |
Fund characteristics will vary over time.
Due to rounding, percentages may not equal 100%.
Consider these risks before investing: Value stocks may fail to rebound, and the market may not favor value-style investing. Income provided by the fund may be reduced by changes in the dividend policies of, and the capital resources available at, the companies in which the fund invests. The value of investments in the fund's portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general economic, political or financial market conditions, investor sentiment and market perceptions, government actions, geopolitical events or changes, and factors related to a specific issuer, geography, industry or sector. These and other factors may lead to increased volatility and reduced liquidity in the fund's portfolio holdings. Our investment techniques, analyses, and judgments may not produce the outcome we intend. The investments we select for the fund may not perform as well as other securities that we do not select for the fund. We, or the fund's other service providers, may experience disruptions or operating errors that could have a negative effect on the fund. You can lose money by investing in the fund.
Top industry sectors as of 05/31/21
| Financials | 20.24% |
|---|---|
| Health care | 15.14% |
| Industrials | 11.79% |
| Information technology | 9.43% |
| Consumer discretionary | 7.49% |
| Materials | 6.87% |
| Consumer staples | 6.70% |
| Energy | 6.12% |
| Communication services | 5.86% |
| Other | 10.36% |
0
The unclassified sector (where applicable) includes exchange traded funds and other securities not able to be classified by sector.
Sectors will vary over time.
Expenses
Expense ratio |
Class A | Class B | Class C | Class R | Class R5 | Class R6 | Class Y |
|---|---|---|---|---|---|---|---|
| Total expense ratio | 0.90% | 1.65% | 1.65% | 1.15% | 0.65% | 0.55% | 0.65% |
| What you pay | 0.90% | 1.65% | 1.65% | 1.15% | 0.65% | 0.55% | 0.65% |
Sales charge
| Investment Breakpoint | Class A | Class B | Class C | Class R | Class R5 | Class R6 | Class Y |
|---|---|---|---|---|---|---|---|
| $0-$49,999 | 5.75% | 0.00% | 0.00% | -- | -- | -- | -- |
| $50,000-$99,999 | 4.50% | 0.00% | 0.00% | -- | -- | -- | -- |
| $100,000-$249,999 | 3.50% | -- | 0.00% | -- | -- | -- | -- |
| $250,000-$499,999 | 2.50% | -- | 0.00% | -- | -- | -- | -- |
| $500,000-$999,999 | 2.00% | -- | 0.00% | -- | -- | -- | -- |
| $1M-$4M | 0.00% | -- | -- | -- | -- | -- | -- |
| $4M-$50M | 0.00% | -- | -- | -- | -- | -- | -- |
| $50M+ | 0.00% | -- | -- | -- | -- | -- | -- |
CDSC
| Class A (sales for $1,000,000+) | Class B | Class C | Class R | Class R5 | Class R6 | Class Y | |
|---|---|---|---|---|---|---|---|
| 0 to 9 mts. | 1.00% | 5.00% | 1.00% | -- | -- | -- | -- |
| 9 to 12 mts. | 1.00% | 5.00% | 1.00% | -- | -- | -- | -- |
| 2 yrs. | 0.00% | 4.00% | 0.00% | -- | -- | -- | -- |
| 3 yrs. | 0.00% | 3.00% | 0.00% | -- | -- | -- | -- |
| 4 yrs. | 0.00% | 3.00% | 0.00% | -- | -- | -- | -- |
| 5 yrs. | 0.00% | 2.00% | 0.00% | -- | -- | -- | -- |
| 6 yrs. | 0.00% | 1.00% | 0.00% | -- | -- | -- | -- |
| 7+ yrs. | 0.00% | 0.00% | 0.00% | -- | -- | -- | -- |
The Russell 1000 Value Index is an unmanaged index of those companies in the large-cap Russell 1000 Index chosen for their value orientation. You cannot invest directly in an index.
Consider these risks before investing: Value stocks may fail to rebound, and the market may not favor value-style investing. Income provided by the fund may be reduced by changes in the dividend policies of, and the capital resources available at, the companies in which the fund invests. The value of investments in the fund's portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general economic, political or financial market conditions, investor sentiment and market perceptions, government actions, geopolitical events or changes, and factors related to a specific issuer, geography, industry or sector. These and other factors may lead to increased volatility and reduced liquidity in the fund's portfolio holdings. Our investment techniques, analyses, and judgments may not produce the outcome we intend. The investments we select for the fund may not perform as well as other securities that we do not select for the fund. We, or the fund's other service providers, may experience disruptions or operating errors that could have a negative effect on the fund. You can lose money by investing in the fund.