Disciplined process

Disciplined process

Dividend growth focus

Dividend growth focus

Seeks value daily

Seeks value daily

Putnam U.S. Large Cap Value Equity Concentrated SMA

Customized portfolio positioning that can diversify investment risks

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Putnam Focused Large Cap Value ETF

A lower-cost and innovative active ETF you can buy and sell on your own platform

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Putnam Large Cap Value Fund

Overall Morningstar Rating™ out of 1,135 funds in the Large Value category based on total return as of  4/30/23

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Core Features

Disciplined process

Portfolio managers Darren Jaroch and Lauren DeMore combine fundamental research and quantitative tools to pursue multiple alpha sources, with a strong overlay of risk control.

Dividend growth focus

The investment process focuses on future cash flows and puts distinct emphasis on companies that can grow their dividends and are able and willing to return cash to shareholders.

Seeks value daily

Unlike the benchmark, which defines the value universe once per year, management takes an active approach to defining value daily.

Putnam large cap value portfolio managers

We believe investors want performance that is consistently good rather than occasionally great. This takes risk controls and a strategic approach to dividends.

Over

27
years in the investment industry

23
years managing large-cap value portfolios at Putnam

25
analysts providing deep fundamental research and insights to the value investing space

Darren A. Jaroch, CFA

Portfolio Manager

Darren joined Putnam in 1999 and has been in the investment industry since 1996.

Darren A. Jaroch, CFA

Lauren B. DeMore, CFA

Portfolio Manager

Lauren joined Putnam in 2006 and has been in the investment industry since 2002.

Lauren B. DeMore, CFA

Alpha is a measure of performance on a risk-adjusted basis. Alpha takes the volatility of a mutual fund and compares its risk-adjusted performance to a benchmark index. The excess return of the fund relative to the return of the benchmark index is a fund's alpha.