Putnam U.S. Research Fund Class C (PRACX)
| Fund Assets | 675.65M |
| Expense Ratio | 1.76% |
| Min. Investment | $500 |
| Turnover | 65.00% |
| Dividend (ttm) | 3.74 |
| Dividend Yield | 6.96% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 47.67 |
| YTD Return | 0.21% |
| 1-Year Return | 1.38% |
| 5-Year Return | 59.96% |
| 52-Week Low | 38.22 |
| 52-Week High | 54.21 |
| Beta (5Y) | n/a |
| Holdings | 138 |
| Inception Date | Feb 1, 1999 |
About PRACX
Putnam Research Fund Class C is an actively managed mutual fund that primarily pursues capital appreciation by investing in a diversified portfolio of large U.S. companies. The fund utilizes insights from Putnam's Equity Research team, building its holdings from the team’s highest-conviction investment ideas. Its strategy allows it to include both growth and value stocks, offering broad exposure across sectors while emphasizing companies with strong prospects for long-term growth. Managed by Franklin Templeton, Putnam Research Fund Class C is designed for investors seeking access to the U.S. large-cap equity market through a research-driven approach. With over $460 million in assets under management, the fund plays a significant role in the mutual fund landscape by leveraging in-depth fundamental analysis and multiple managers to identify opportunities and manage risk across changing market conditions.
Performance
PRACX had a total return of 1.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.24%.
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
40.71% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 6.67% |
| NVIDIA Corporation | NVDA | 6.47% |
| Alphabet Inc. | GOOGL | 5.41% |
| Apple Inc. | AAPL | 5.23% |
| Amazon.com, Inc. | AMZN | 4.50% |
| Broadcom Inc. | AVGO | 3.50% |
| Meta Platforms, Inc. | META | 2.71% |
| Tesla, Inc. | TSLA | 2.25% |
| Cisco Systems, Inc. | CSCO | 2.05% |
| Lam Research Corporation | LRCX | 1.92% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 5, 2024 | $3.743 | Dec 9, 2024 |
| Dec 6, 2022 | $3.020 | Dec 8, 2022 |
| Dec 6, 2021 | $3.540 | Dec 8, 2021 |
| Dec 4, 2020 | $0.572 | Dec 8, 2020 |
| Dec 5, 2019 | $2.244 | Dec 9, 2019 |
| Dec 6, 2018 | $4.050 | Dec 10, 2018 |