Putnam Focused International Equity Fund (PGLRX)
| Fund Assets | 820.98M |
| Expense Ratio | 1.42% |
| Min. Investment | $500 |
| Turnover | 31.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 2.92% |
| Dividend Growth | 312.90% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2024 |
| Previous Close | 17.56 |
| YTD Return | 21.85% |
| 1-Year Return | 16.14% |
| 5-Year Return | 43.18% |
| 52-Week Low | 13.94 |
| 52-Week High | 17.75 |
| Beta (5Y) | n/a |
| Holdings | 37 |
| Inception Date | Jan 21, 2003 |
About PGLRX
Putnam Focused International Equity Fund Class R is an open-end mutual fund that seeks capital appreciation by investing primarily in common stocks of companies located outside the United States. The fund follows a focused investment strategy, typically holding a concentrated portfolio—currently with 37 holdings—which allows the management team to target their highest conviction international ideas. It invests across a range of company sizes and sectors, aiming for a blend between growth and value stocks, and generally allocates assets among numerous developed international markets such as Japan, the United Kingdom, France, and Germany. Classified in the foreign large blend category, the fund is designed for investors seeking diversified exposure to leading non-U.S. companies as a way to complement domestic holdings. Managed by Putnam Investment Management, the fund has a long-term track record since its inception in 2003 and serves as a core holding for portfolios seeking to capture global economic opportunities while diversifying away from U.S. market risk.
Performance
PGLRX had a total return of 16.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.27%.
Top 10 Holdings
43.59% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 5.63% |
| Ryanair Holdings plc | RYA | 5.61% |
| ITOCHU Corporation | 8001 | 4.66% |
| AIB Group plc | A5G | 4.40% |
| Constellation Software Inc. | CSU | 4.11% |
| Admiral Group plc | ADM | 4.11% |
| Alphabet Inc. | GOOG | 4.11% |
| Universal Music Group N.V. | UMG | 3.87% |
| Net Cash | n/a | 3.72% |
| International Petroleum Corporation | IPCO | 3.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.512 | Dec 26, 2024 |
| Dec 21, 2023 | $0.124 | Dec 26, 2023 |
| Dec 22, 2022 | $0.301 | Dec 27, 2022 |
| Dec 22, 2021 | $5.334 | Dec 27, 2021 |
| Dec 21, 2017 | $0.022 | Dec 26, 2017 |
| Dec 22, 2016 | $0.148 | Dec 27, 2016 |