Putnam Large Cap Value is a multidimensional stress-tested strategy powered by dividend potential

Relative value approach

Relative value approach

Dividend growth focus

Dividend growth focus

Disciplined risk management

Disciplined risk management

Discover how we live value, daily

Putnam Large Cap Value Fund

Overall Morningstar Rating™ out of 1,155 funds in the Large Value category based on total return as of 12/31/22

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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 U.S. Large Cap Value Equity Concentrated SMA

Customized portfolio positioning that can diversify investment risks

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Core Features

Relative value approach

Portfolio managers Darren Jaroch and Lauren DeMore believe that defining the value universe daily differentiates the portfolio from the benchmark and targets unique value opportunities that have multiple ways of winning.

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.

Disciplined risk management

The managers utilize numerous proprietary tools to maximize stock-specific risk and limit unintended factor risks, validated by stress testing, to seek outperformance (alpha) over a full market cycle.

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