About PNVAX
Putnam International Capital Opportunities Fund Class A is a mutual fund focused on achieving long-term capital appreciation. The fund primarily invests in common stocks of small and midsize companies located outside the United States, with a notable emphasis on developed international markets, though it may also allocate assets to emerging markets. Its strategy spans both growth and value equity styles, targeting companies that portfolio managers believe possess favorable investment potential and, in particular, those viewed as high quality and possibly priced below their intrinsic value. The fund's diversified global approach provides exposure to a broad array of industries and sectors beyond U.S. borders, making it a vehicle for investors seeking international diversification through smaller companies. With a relatively concentrated portfolio structure, a significant portion of its assets is allocated to its top holdings, reflecting a selective investment process. Established in 1995, the fund plays a specialized role in the market by giving access to foreign small- and mid-cap equity opportunities, complementing broader global or domestic investment strategies.
Fund Family Franklin Templeton Investments
Category Foreign Small/Mid Blend
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PNVAX
Share Class Class A Shares
Index S&P Developed ex U.S. SmallCap TR USD
PNVAX had a total return of 6.12% in the past year, including dividends.
Since the fund's inception, the average annual return has been 8.77%.
