Putnam U.S. Research Fund Class A (PNRAX)
| Fund Assets | 622.18M |
| Expense Ratio | 1.01% |
| Min. Investment | $500 |
| Turnover | 65.00% |
| Dividend (ttm) | 6.42 |
| Dividend Yield | 10.22% |
| Dividend Growth | 60.73% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 22, 2025 |
| Previous Close | 59.25 |
| YTD Return | 7.07% |
| 1-Year Return | 35.63% |
| 5-Year Return | 90.16% |
| 52-Week Low | 49.50 |
| 52-Week High | 62.83 |
| Beta (5Y) | 1.05 |
| Holdings | 174 |
| Inception Date | Oct 2, 1995 |
About PNRAX
Putnam Research Fund Class A is a mutual fund that seeks capital appreciation by primarily investing in common stocks of large U.S. companies. The fund leverages the highest conviction ideas from Putnam's Equity Research team, targeting both growth and value stocks that are believed to have favorable investment prospects. Its portfolio is typically concentrated in leading sectors such as technology, consumer cyclical, and communication services, with significant holdings in major companies like Microsoft, NVIDIA, Amazon.com, and Apple. This structure enables the fund to maintain exposure to a broad range of influential U.S. corporations, reflecting both established market leaders and dynamic innovators. As part of the large blend category, the fund aims to balance growth and value characteristics, making it suitable for investors seeking broad exposure to the U.S. equity market through a diversified, research-driven approach.
Performance
PNRAX had a total return of 35.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.32%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VQNPX | Vanguard | Vanguard Growth and Income Fund Investor Shares | 0.36% |
| FMGKX | Fidelity | Fidelity Magellan Fund - Class K | 0.40% |
| FMAGX | Fidelity | Fidelity Magellan Fund | 0.47% |
| FEQDX | Fidelity | Fidelity Advisor Hedged Equity Fund - Class C | 1.55% |
| VPMCX | Vanguard | Vanguard PRIMECAP Fund Investor Shares | 0.38% |
Top 10 Holdings
37.81% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 6.54% |
| Microsoft Corporation | MSFT | 5.38% |
| Alphabet Inc. | GOOGL | 4.94% |
| Apple Inc. | AAPL | 4.62% |
| Amazon.com, Inc. | AMZN | 4.10% |
| Broadcom Inc. | AVGO | 3.04% |
| Lam Research Corporation | LRCX | 2.70% |
| Meta Platforms, Inc. | META | 2.21% |
| Exxon Mobil Corporation | XOM | 2.17% |
| Analog Devices, Inc. | ADI | 2.11% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $6.4212 | Dec 22, 2025 |
| Dec 5, 2024 | $3.995 | Dec 9, 2024 |
| Dec 6, 2023 | $0.125 | Dec 8, 2023 |
| Dec 6, 2022 | $3.303 | Dec 8, 2022 |
| Dec 6, 2021 | $3.541 | Dec 8, 2021 |
| Dec 4, 2020 | $0.808 | Dec 8, 2020 |