About PICOX
Putnam International Capital Opportunities Fund Class R6 is a mutual fund designed to pursue long-term capital appreciation by investing predominantly in small and mid-sized companies located in developed markets outside of the United States. The fund primarily targets equities across various sectors, with allocations to industries such as energy, financial services, communication services, basic materials, industrials, and consumer defensive. It is managed to offer diversification beyond the U.S. market, providing exposure to international growth opportunities in regions with established economies.
As a Class R6 share, this fund is generally intended for retirement plans and institutional investors, emphasizing lower expenses relative to other share classes. The fund’s strategy focuses on identifying high-quality companies with robust business models and growth potential, aiming to capitalize on trends in developed international markets. With a turnover rate that suggests a longer-term investment approach and an open status for new investments, the fund presents a specialized option for those seeking to diversify their portfolios through non-U.S. small and mid-cap equity exposure.
Fund Family Franklin Templeton Investments
Category Foreign Small/Mid Blend
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PICOX
Share Class Class R6 Shares
Index S&P Developed ex U.S. SmallCap TR USD
PICOX had a total return of 10.90% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.78%.
