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 |
$29.77
0.40% | $0.12 |
$29.77
04/05/21 |
$20.67
04/21/20 |
Fund facts as of 03/31/21
$15,352.49M
21%
Quarterly
83
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) |
What’s next for the hard-hit financials sector?
The financials sector has been among the hardest hit from the COVID-19-induced equity market selloff, but there are reasons for optimism.October stock market volatility may signal a shift
Recent stock market volatility reflects a process of pricing in the fact that the global growth outlook has diverged.Value opportunities gain traction in turmoil
Beneath dire headlines about plunging markets, we are seeing value opportunities assert themselves.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 03/31/21 | 5.42% | - | |
| YTD as of 04/09/21 | 13.47% | - | |
Yield
| Distribution rate before sales charge as of 04/09/21 |
1.57% |
|---|---|
| Distribution rate after sales charge as of 04/09/21 |
1.57% |
| 30-day SEC yield as of 03/31/21 | 1.35% |
Risk-adjusted performance as of 02/28/21
| Alpha (3 yrs.) | 2.05 |
|---|---|
| Sharpe ratio (3 yrs.) | 0.45 |
| Treynor ratio (3 yrs.) | 8.90 |
| Information ratio (3 yrs.) | 0.80 |
Volatility as of 02/28/21
| Standard deviation (3 yrs.) | 19.39% |
|---|---|
| Beta | 0.98 |
| R-squared | 0.98 |
Capture ratio as of 02/28/21
| Up-market (3 yrs.) | 103.52 |
|---|---|
| Down-market (3 yrs.) | 96.11 |
Lipper rankings as of 02/28/21
| Time period | Rank/Funds in category | Percentile ranking |
|---|---|---|
| 1 yr. | 109/488 | 23% |
| 3 yrs. | 124/463 | 27% |
| 5 yrs. | 53/400 | 14% |
| 10 yrs. | 15/243 | 7% |
Morningstar Ratings™ as of 02/28/21
| Time period | Funds in category | Morningstar Rating™ |
|---|---|---|
| Overall | 1132 | |
| 3 yrs. | 1132 | |
| 5 yrs. | 1007 | |
| 10 yrs. | 720 |
Distributions
| Record/Ex dividend date | 03/26/21 |
|---|---|
| Payable date | 03/30/21 |
| Income | $0.117 |
| 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
| JPMorgan Chase | 3.50% |
|---|---|
| Bank Of America Corp | 3.36% |
| Microsoft Corp | 3.13% |
| Citigroup | 3.04% |
| Freeport-Mcmoran | 2.74% |
| Walmart | 2.59% |
| Southwest Airlines | 2.11% |
| General Motors | 2.08% |
| Johnson Johnson | 2.03% |
| T-Mobile Us | 1.75% |
| Top 10 holdings, percent of portfolio | 26.33% |
| 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 | |
| Top 10 holdings as of 01/31/21 | |
|---|---|
| Microsoft Corp | |
| JPMorgan Chase | |
| Bank Of America Corp | |
| Walmart | |
| Citigroup | |
| Freeport-Mcmoran | |
| Johnson Johnson | |
| General Motors | |
| Qualcomm | |
| Eli Lilly And | |
| Holdings represent 26.02% of portfolio | |
| Top 10 holdings as of 12/31/20 | |
|---|---|
| JPMorgan Chase | |
| Microsoft Corp | |
| Bank Of America Corp | |
| Walmart | |
| Citigroup | |
| Freeport-Mcmoran | |
| Johnson Johnson | |
| T-Mobile Us | |
| Qualcomm | |
| Charter Communications | |
| Holdings represent 25.63% of portfolio | |
| Top 10 holdings as of 11/30/20 | |
|---|---|
| Walmart | |
| Microsoft Corp | |
| JPMorgan Chase | |
| Bank Of America Corp | |
| Citigroup | |
| Freeport-Mcmoran | |
| Johnson Johnson | |
| Fidelity National Information Services | |
| T-Mobile Us | |
| Qualcomm | |
| Holdings represent 24.97% of portfolio | |
| 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% |
| MICROSOFT CORP SEDOL 2588173 | 3.40% |
|---|---|
| WALMART INC SEDOL 2936921 | 3.34% |
| BANK OF AMERICA CORP SEDOL 2295677 | 2.80% |
| JPMORGAN CHASE & CO SEDOL 2190385 | 2.75% |
| CITIGROUP INC SEDOL 2297907 | 2.38% |
| JOHNSON & JOHNSON SEDOL 2475833 | 2.29% |
| FIDELITY NATIONAL INFO SERV SEDOL 2769796 | 2.18% |
| NORTHROP GRUMMAN CORP SEDOL 2648806 | 2.01% |
| CHARTER COMMUNICATIONS INC-A SEDOL BZ6VT82 | 1.99% |
| AMERICAN TOWER CORP SEDOL B7FBFL2 | 1.86% |
| PROCTER & GAMBLE CO/THE SEDOL 2704407 | 1.86% |
| BJ'S WHOLESALE CLUB HOLDINGS SEDOL BFZNZF8 | 1.76% |
| AMGEN INC SEDOL 2023607 | 1.71% |
| QUALCOMM INC SEDOL 2714923 | 1.71% |
| UNION PACIFIC CORP SEDOL 2914734 | 1.68% |
| MERCK & CO. INC. SEDOL 2778844 | 1.64% |
| ELI LILLY & CO SEDOL 2516152 | 1.60% |
| UNITED RENTALS INC SEDOL 2134781 | 1.57% |
| COMCAST CORP-CLASS A SEDOL 2044545 | 1.56% |
| CIGNA CORP SEDOL BHJ0775 | 1.56% |
| ABBVIE INC SEDOL B92SR70 | 1.47% |
| AMERICAN ELECTRIC POWER SEDOL 2026242 | 1.46% |
| TARGET CORP SEDOL 2259101 | 1.42% |
| DOW INC SEDOL BHXCF84 | 1.40% |
| NRG ENERGY INC SEDOL 2212922 | 1.36% |
| AIR PRODUCTS & CHEMICALS INC SEDOL 2011602 | 1.36% |
| FREEPORT-MCMORAN INC SEDOL 2352118 | 1.34% |
| ASTRAZENECA PLC-SPONS ADR SEDOL 2989044 | 1.34% |
| PEPSICO INC SEDOL 2681511 | 1.30% |
| EXELON CORP SEDOL 2670519 | 1.26% |
| REGENERON PHARMACEUTICALS SEDOL 2730190 | 1.23% |
| CRH PLC SEDOL 4182249 | 1.21% |
| ACTIVISION BLIZZARD INC SEDOL 2575818 | 1.20% |
| GOLDMAN SACHS GROUP INC SEDOL 2407966 | 1.20% |
| PNC FINANCIAL SERVICES GROUP SEDOL 2692665 | 1.18% |
| JOHNSON CONTROLS INTERNATION SEDOL BY7QL61 | 1.17% |
| HOME DEPOT INC SEDOL 2434209 | 1.16% |
| SOUTHWEST AIRLINES CO SEDOL 2831543 | 1.13% |
| T-MOBILE US INC P/P 144A 05.2500 CV PFD | 1.06% |
| GAMING AND LEISURE PROPERTIE SEDOL BFPK4S5 | 1.05% |
| CISCO SYSTEMS INC SEDOL 2198163 | 1.04% |
| BAXTER INTERNATIONAL INC SEDOL 2085102 | 1.02% |
| EATON CORP PLC SEDOL B8KQN82 | 1.01% |
| DANAHER CORP SEDOL 2250870 | 0.98% |
| PULTEGROUP INC SEDOL 2708841 | 0.95% |
| HILTON WORLDWIDE HOLDINGS IN SEDOL BYVMW06 | 0.95% |
| ALBEMARLE CORP SEDOL 2046853 | 0.93% |
| RAYTHEON TECHNOLOGIES CORP SEDOL BM5M5Y3 | 0.93% |
| APTIV PLC SEDOL B783TY6 | 0.89% |
| FORTUNE BRANDS HOME & SECURI SEDOL B3MC7D6 | 0.87% |
| APOLLO GLOBAL MANAGEMENT INC SEDOL BKRLVD5 | 0.86% |
| CONOCOPHILLIPS | 0.85% |
| AMEREN CORPORATION SEDOL 2050832 | 0.84% |
| PFIZER INC SEDOL 2684703 | 0.84% |
| EXXON MOBIL CORP SEDOL 2326618 | 0.79% |
| TEXAS INSTRUMENTS INC SEDOL 2885409 | 0.79% |
| DANAHER CORP 05.0000 CV PFD | 0.77% |
| AXA SA SEDOL 7088429 | 0.76% |
| SCHWAB (CHARLES) CORP SEDOL 2779397 | 0.76% |
| HONEYWELL INTERNATIONAL INC SEDOL 2020459 | 0.76% |
| RADIAN GROUP INC SEDOL 2173911 | 0.75% |
| ASSURED GUARANTY LTD SEDOL B00V7H8 | 0.74% |
| GENERAL MOTORS CO SEDOL B665KZ5 | 0.72% |
| VALERO ENERGY CORP SEDOL 2041364 | 0.72% |
| KEURIG DR PEPPER INC SEDOL BD3W133 | 0.71% |
| ARAMARK SEDOL BH3XG17 | 0.70% |
| STATE STREET CORP SEDOL 2842040 | 0.69% |
| BOSTON PROPERTIES INC SEDOL 2019479 | 0.68% |
| AMERICAN INTERNATIONAL GROUP SEDOL 2027342 | 0.66% |
| VERIZON COMMUNICATIONS INC SEDOL 2090571 | 0.63% |
| ENTERPRISE PRODUCTS PARTNERS SEDOL 2285388 | 0.62% |
| NXP SEMICONDUCTORS NV SEDOL B505PN7 | 0.61% |
| TOTAL SE SEDOL B15C557 | 0.58% |
| CAPITAL ONE FINANCIAL CORP SEDOL 2654461 | 0.56% |
| BP PLC SEDOL 0798059 | 0.48% |
| MOLSON COORS BEVERAGE CO - B SEDOL B067BM3 | 0.47% |
| KEYCORP SEDOL 2490911 | 0.39% |
| WALGREENS BOOTS ALLIANCE INC SEDOL BTN1Y44 | 0.35% |
| DUPONT DE NEMOURS INC SEDOL BK0VN47 | 0.33% |
| SHERWIN-WILLIAMS CO/THE SEDOL 2804211 | 0.26% |
| EOG RESOURCES INC SEDOL 2318024 | 0.21% |
| HALLIBURTON CO SEDOL 2405302 | 0.19% |
| MARATHON OIL CORP SEDOL 2910970 | 0.15% |
| GENERAL ELECTRIC CO SEDOL 2380498 | 0.14% |
| TREASURY BILL 00.0000 10/27/2020 | 0.12% |
| OCCIDENTAL PETROLEUM CORP SEDOL 2655408 | 0.04% |
| GBP/USD 12/16/2020 BCAP-FX | 0.04% |
| GBP/USD 12/16/2020 GSFX | 0.04% |
| DXC TECHNOLOGY CO SEDOL BYXD7B3 | 0.03% |
| CASH MGMT BILL 00.0000 12/08/2020 | 0.03% |
| TREASURY BILL 00.0000 11/05/2020 | 0.02% |
| EUR/USD 12/16/2020 SSBT | 0.01% |
| EUR/USD 12/16/2020 UBS | 0.01% |
| GBP/USD 12/16/2020 HSBCB | 0.01% |
| EUR/USD 12/16/2020 HSBCB | 0.01% |
| EUR/USD 12/16/2020 GSFX | 0.00% |
| EUR/USD 12/16/2020 BANKAM | 0.00% |
| EUR/USD 12/16/2020 WPAC | 0.00% |
| OCCIDENTAL PETROLEUM -CW27 SEDOL BMVF784 | 0.00% |
| HC BRILLANT SERVICES GMBH P/P | 0.00% |
| EUR/USD 12/16/2020 BCAP-FX | -0.00% |
| GBP/USD 12/16/2020 BANKAM | -0.01% |
| GBP/USD 12/16/2020 UBS | -0.02% |
Portfolio composition as of 02/28/21
| Common stock | 96.96% |
|---|---|
| Convertible preferred stock | 1.55% |
| Cash and net other assets | 1.49% |
Equity statistics as of 02/28/21
| Median market cap | $61.06B |
|---|---|
| Weighted average market cap | $174.97B |
| Price to book | 2.35 |
| Price to earnings | 16.10 |
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 02/28/21
| Financials | 20.79% |
|---|---|
| Health care | 13.87% |
| Industrials | 11.70% |
| Information technology | 9.85% |
| Materials | 7.41% |
| Consumer discretionary | 7.37% |
| Consumer staples | 6.85% |
| Energy | 6.65% |
| Communication services | 6.06% |
| Other | 9.45% |
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.