Putnam International Equity Fund Class R (PIERX)
| Fund Assets | 774.40M |
| Expense Ratio | 1.45% |
| Min. Investment | $500 |
| Turnover | 76.00% |
| Dividend (ttm) | 1.26 |
| Dividend Yield | 4.25% |
| Dividend Growth | 204.60% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 23, 2024 |
| Previous Close | 30.14 |
| YTD Return | 23.69% |
| 1-Year Return | 15.95% |
| 5-Year Return | 62.33% |
| 52-Week Low | 23.69 |
| 52-Week High | 30.14 |
| Beta (5Y) | n/a |
| Holdings | 144 |
| Inception Date | Jan 21, 2003 |
About PIERX
Putnam International Equity Fund Class R is an actively managed mutual fund designed to achieve capital appreciation by investing primarily in large and mid-sized companies based outside the United States. The fund targets both growth and value stocks, providing exposure to a wide range of sectors and industries within developed international markets. This diversified approach allows the fund to participate in opportunities across various economic cycles and market environments, adapting to leadership trends in global markets. With more than one hundred holdings, the fund offers investors access to established global companies, aiming to capture long-term growth potential beyond U.S. borders. Launched in 2003, it features a moderate expense ratio and a minimum initial investment requirement. The fund also has a history of distributing dividends, contributing to its total return profile. By focusing on non-U.S. equities, Putnam International Equity Fund Class R plays a significant role in portfolio diversification strategies for those seeking international market exposure.
Performance
PIERX had a total return of 15.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.36%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIENX | Fidelity | Fidelity International Enhanced Index Fund | 0.55% |
| FHLFX | Fidelity | Fidelity Series International Index Fund | 0.01% |
| SWISX | Schwab | Schwab International Index Fund® | 0.06% |
| SICNX | Schwab | Schwab® International Core Equity Fund | 0.86% |
| FSPSX | Fidelity | Fidelity International Index Fund | 0.03% |
Top 10 Holdings
26.69% of assets| Name | Symbol | Weight |
|---|---|---|
| Iberdrola, S.A. | n/a | 3.27% |
| London Stock Exchange Group plc | LSEG | 3.11% |
| Thales S.A. | HO | 2.71% |
| Sony Group Corporation | 6758 | 2.66% |
| Tesco PLC | TSCO | 2.61% |
| Mitsubishi UFJ Financial Group, Inc. | 8306 | 2.53% |
| NatWest Group plc | NWG | 2.52% |
| ASML Holding N.V. | ASML | 2.46% |
| Deutsche Börse AG | DB1 | 2.40% |
| HOYA Corporation | 7741 | 2.40% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $1.258 | Dec 26, 2024 |
| Dec 21, 2023 | $0.413 | Dec 26, 2023 |
| Dec 22, 2021 | $3.514 | Dec 27, 2021 |
| Dec 23, 2020 | $0.546 | Dec 28, 2020 |
| Dec 23, 2019 | $0.303 | Dec 26, 2019 |
| Dec 21, 2018 | $1.180 | Dec 26, 2018 |