Putnam Focused Large Cap Value ETF (PVAL)
| Assets | $15.25B |
| Expense Ratio | 0.55% |
| PE Ratio | 22.06 |
| Forward PE | 16.21 |
| Shares Out | 282.48M |
| Dividend | $0.47 (0.87%) |
| Ex-Dividend Date | Oct 6, 2026 |
| Payout Frequency | Quarterly |
| Payout Ratio | 19.14% |
| Volume | 2,087,148 |
| Open | 54.69 |
| Previous Close | 54.31 |
| Day's Range | 54.59 - 54.81 |
| 52-Week Low | 42.76 |
| 52-Week High | 54.83 |
| Beta | 0.84 |
| Holdings | 52 |
| Inception Date | May 25, 2021 |
About PVAL
Fund Home PageThe Putnam Focused Large Cap Value ETF (PVAL) is an exchange-traded fund that mostly invests in large-cap stocks. The fund is an actively-managed, non-transparent ETF that provides exposure to large-cap value companies in the US. The fund utilizes the Fidelity non-transparent model. PVAL was launched on May 25, 2021 and is issued by Putnam.
Top 10 Holdings
43.65% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 9.61% |
| Apple Inc. | AAPL | 7.22% |
| Amazon.com, Inc. | AMZN | 4.64% |
| ExxonMobil Holdings Corporation | XOM | 3.91% |
| Usd | n/a | 3.44% |
| Citigroup Inc. | C | 3.27% |
| The Charles Schwab Corporation | SCHW | 2.97% |
| The Coca-Cola Company | KO | 2.94% |
| Cisco Systems, Inc. | CSCO | 2.88% |
| Thermo Fisher Scientific Inc. | TMO | 2.79% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 6, 2026 | $0.0957 | Oct 14, 2026 |
| Jul 7, 2026 | $0.1264 | Jul 14, 2026 |
| Apr 7, 2026 | $0.14048 | Apr 14, 2026 |
| Dec 19, 2025 | $0.1124 | Dec 23, 2025 |
| Oct 6, 2025 | $0.10294 | Oct 8, 2025 |
| Jul 7, 2025 | $0.140 | Jul 9, 2025 |
Performance
PVAL had a total return of 27.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.71%.
News
Putnam Converts Focused U.S. Research Strategy to ETF Structure
More conversions to exchange-traded funds (ETFs) from mutual funds continue to underscore the preference of the ETF as the investment vehicle of choice. Last week, Putnam Investments completed the con...
This value-stock strategy has trounced the S&P 500 for nearly five years
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Putnam Investments Launches Fixed Income and Non-U.S. Equity Exchange-Traded Funds
BOSTON--(BUSINESS WIRE)--Putnam Investments today announced that it has officially launched five new transparent, actively managed exchange-traded funds (ETFs) that begin trading today on the New Yo...