Putnam Research Fund Class C (PRACX)
| Fund Assets | 596.50M |
| Expense Ratio | 1.76% |
| Min. Investment | $500 |
| Turnover | 35.00% |
| Dividend (ttm) | 3.74 |
| Dividend Yield | 7.61% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 5, 2024 |
| Previous Close | 49.18 |
| YTD Return | 7.24% |
| 1-Year Return | 15.71% |
| 5-Year Return | 101.54% |
| 52-Week Low | 38.22 |
| 52-Week High | 51.37 |
| Beta (5Y) | n/a |
| Holdings | 162 |
| 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 15.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.55%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FALCX | Fidelity | Fidelity Rutland Square Trust II - Strategic Advisers Large Cap Fund | 0.24% |
| FLCEX | Fidelity | Fidelity Large Cap Core Enhanced Index Fund | 0.39% |
| 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% |
Top 10 Holdings
39.48% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 7.74% |
| NVIDIA Corporation | NVDA | 7.22% |
| Amazon.com, Inc. | AMZN | 4.85% |
| Apple Inc. | AAPL | 4.26% |
| Meta Platforms, Inc. | META | 3.55% |
| Broadcom Inc. | AVGO | 3.18% |
| Alphabet Inc. | GOOGL | 3.15% |
| Cisco Systems, Inc. | CSCO | 1.88% |
| Tesla, Inc. | TSLA | 1.85% |
| Mastercard Incorporated | MA | 1.79% |
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 |