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PUTNAM CORE EQUITY FUND
mutual fund
PMYTX
Payout Change
Pending
Price as of:
$44.28
+0.47
+1.07%
primary theme
U.S. Large-Cap Blend Equity
share class
PMYTX (Mutual Fund)
PUTNAM CORE EQUITY FUND
Payout Change
Pending
Price as of:
$44.28
+0.47
+1.07%
primary theme
U.S. Large-Cap Blend Equity
share class
PMYTX (Mutual Fund)
PUTNAM CORE EQUITY FUND
Payout Change
Pending
Price as of:
$44.28
+0.47
+1.07%
primary theme
U.S. Large-Cap Blend Equity
share class
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
29.6%
1 yr return
29.5%
3 Yr Avg Return
12.2%
5 Yr Avg Return
16.5%
Net Assets
$5.09 B
Holdings in Top 10
39.3%
52 WEEK LOW AND HIGH
$43.8
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.64%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 46.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
PMYTX - Profile
Distributions
- YTD Total Return 29.6%
- 3 Yr Annualized Total Return 12.2%
- 5 Yr Annualized Total Return 16.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.03%
- Dividend Yield 0.8%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NamePUTNAM CORE EQUITY FUND
-
Fund Family NamePutnam Family of Funds
-
Inception DateMay 21, 2018
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGerard Sullivan
Fund Description
Investments
We invest mainly in common stocks (growth or value stocks or both) of U.S. companies of any size that we believe have favorable investment potential. For example, we may purchase stocks of companies with stock prices that reflect a value lower than that which we place on the company. We may also consider other factors we believe will cause the stock price to rise. We may consider, among other factors, a company’s valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments. Under normal circumstances, we invest at least 80% of the fund’s net assets (plus the amount of any borrowings for investment purposes) in equity investments, including common stocks, preferred stocks, convertible securities, warrants, American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs). This policy may be changed only after 60 days’ notice to shareholders.
PMYTX - Performance
Return Ranking - Trailing
| Period | PMYTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 29.6% | -53.3% | 47.6% | 11.22% |
| 1 Yr | 29.5% | -53.0% | 47.8% | 10.39% |
| 3 Yr | 12.2%* | -24.7% | 16.4% | 3.86% |
| 5 Yr | 16.5%* | -10.4% | 108.3% | 2.75% |
| 10 Yr | N/A* | -0.6% | 52.3% | 0.95% |
* Annualized
Return Ranking - Calendar
| Period | PMYTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 24.6% | -42.6% | 47.4% | 11.06% |
| 2022 | -20.0% | -56.3% | -4.2% | 34.42% |
| 2021 | 19.3% | -27.2% | 537.8% | 41.02% |
| 2020 | 14.9% | -22.5% | 2181.7% | 33.30% |
| 2019 | 26.2% | -13.5% | 40.4% | 32.84% |
Total Return Ranking - Trailing
| Period | PMYTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 29.6% | -53.3% | 47.6% | 11.22% |
| 1 Yr | 29.5% | -53.0% | 47.8% | 10.39% |
| 3 Yr | 12.2%* | -24.7% | 16.4% | 3.86% |
| 5 Yr | 16.5%* | -10.4% | 108.3% | 2.75% |
| 10 Yr | N/A* | -0.6% | 52.3% | 0.95% |
* Annualized
Total Return Ranking - Calendar
| Period | PMYTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 28.1% | -5.0% | 47.4% | 12.81% |
| 2022 | -15.8% | -36.8% | -2.2% | 31.16% |
| 2021 | 30.8% | 3.0% | 537.8% | 8.51% |
| 2020 | 17.9% | -15.8% | 2266.0% | 44.43% |
| 2019 | 32.6% | -0.4% | 241.3% | 12.15% |
NAV & Total Return History
PMYTX - Holdings
Concentration Analysis
| PMYTX | Category Low | Category High | PMYTX % Rank | |
|---|---|---|---|---|
| Net Assets | 5.09 B | 2.34 M | 1.84 T | 28.77% |
| Number of Holdings | 141 | 2 | 3963 | 43.37% |
| Net Assets in Top 10 | 2 B | 880 K | 525 B | 28.52% |
| Weighting of Top 10 | 39.28% | 0.3% | 111.6% | 34.47% |
Top 10 Holdings
- COMMON STOCK 6.00%
- COMMON STOCK 5.95%
- COMMON STOCK 5.68%
- SHORT TERM INV FUND 5.36%
- COMMON STOCK 3.46%
- COMMON STOCK 3.14%
- EQUITY INDEX FUTURE 3.07%
- COMMON STOCK 2.79%
- COMMON STOCK 1.97%
- COMMON STOCK 1.87%
Asset Allocation
| Weighting | Return Low | Return High | PMYTX % Rank | |
|---|---|---|---|---|
| Stocks | 94.12% | 0.00% | 105.79% | 93.70% |
| Cash | 7.17% | 0.00% | 99.07% | 3.15% |
| Other | 4.18% | -13.91% | 100.00% | 3.07% |
| Bonds | 0.40% | 0.00% | 93.85% | 4.15% |
| Preferred Stocks | 0.00% | 0.00% | 2.15% | 40.46% |
| Convertible Bonds | 0.00% | 0.00% | 5.54% | 37.52% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PMYTX % Rank | |
|---|---|---|---|---|
| Technology | 25.02% | 0.00% | 48.94% | 34.21% |
| Financial Services | 15.25% | 0.00% | 55.59% | 28.13% |
| Healthcare | 14.56% | 0.00% | 52.29% | 43.24% |
| Consumer Cyclical | 11.05% | 0.00% | 30.33% | 38.51% |
| Industrials | 8.68% | 0.00% | 29.90% | 56.42% |
| Communication Services | 8.02% | 0.00% | 27.94% | 56.33% |
| Consumer Defense | 7.02% | 0.00% | 47.71% | 40.46% |
| Real Estate | 3.23% | 0.00% | 31.91% | 30.32% |
| Utilities | 2.46% | 0.00% | 20.91% | 57.52% |
| Energy | 2.37% | 0.00% | 41.64% | 74.16% |
| Basic Materials | 2.34% | 0.00% | 25.70% | 64.02% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PMYTX % Rank | |
|---|---|---|---|---|
| US | 93.76% | 0.00% | 105.79% | 84.41% |
| Non US | 0.36% | 0.00% | 63.83% | 22.39% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | PMYTX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 7.17% | 0.00% | 100.00% | 6.06% |
| Derivative | 4.18% | -1.48% | 25.41% | 2.49% |
| Securitized | 0.00% | 0.00% | 52.16% | 36.76% |
| Corporate | 0.00% | 0.00% | 100.00% | 43.82% |
| Municipal | 0.00% | 0.00% | 2.10% | 36.24% |
| Government | 0.00% | 0.00% | 100.00% | 38.24% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | PMYTX % Rank | |
|---|---|---|---|---|
| US | 0.40% | 0.00% | 91.39% | 4.15% |
| Non US | 0.00% | 0.00% | 13.58% | 35.57% |
PMYTX - Expenses
Operational Fees
| PMYTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.64% | 0.01% | 19.75% | 63.61% |
| Management Fee | 0.55% | 0.00% | 1.90% | 56.92% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 34.10% |
| Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
| PMYTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 1.00% | 5.75% | 96.74% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| PMYTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| PMYTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 46.00% | 0.00% | 268.00% | 73.89% |
PMYTX - Distributions
Dividend Yield Analysis
| PMYTX | Category Low | Category High | PMYTX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.78% | 0.00% | 25.47% | 35.00% |
Dividend Distribution Analysis
| PMYTX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
| PMYTX | Category Low | Category High | PMYTX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.03% | -54.00% | 2.44% | 31.69% |
Capital Gain Distribution Analysis
| PMYTX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 05, 2024 | $0.119 | CapitalGainShortTerm |
| Dec 05, 2024 | $0.341 | OrdinaryDividend |
| Dec 05, 2024 | $1.495 | CapitalGainLongTerm |
| Dec 06, 2023 | $0.592 | CapitalGainLongTerm |
| Dec 06, 2023 | $0.364 | OrdinaryDividend |
| Dec 06, 2022 | $1.534 | OrdinaryDividend |
| Dec 06, 2021 | $3.334 | OrdinaryDividend |
| Dec 04, 2020 | $0.751 | OrdinaryDividend |
| Dec 05, 2019 | $0.301 | OrdinaryDividend |
| Dec 05, 2019 | $0.028 | CapitalGainShortTerm |
| Dec 05, 2019 | $0.946 | CapitalGainLongTerm |
| Dec 06, 2018 | $0.001 | CapitalGainShortTerm |
| Dec 06, 2018 | $0.058 | CapitalGainLongTerm |
| Jun 20, 2018 | $0.184 | CapitalGainShortTerm |
| Jun 20, 2018 | $0.245 | CapitalGainLongTerm |
PMYTX - Fund Manager Analysis
Managers
Gerard Sullivan
Start Date
Tenure
Tenure Rank
Sep 24, 2010
11.69
11.7%
Mr. Sullivan is a Portfolio Manager of Putnam's U.S. multi-cap core and U.S. large-cap core equity strategies. He joined Putnam in 2008 and has been in the investment industry since 1982.
Arthur Yeager
Start Date
Tenure
Tenure Rank
Nov 30, 2017
4.5
4.5%
Mr. Yeager is a Portfolio Manager and an Analyst in the Equity Research group. He is an Assistant Portfolio Manager of Putnam Investors Fund and Putnam Multi-Cap Core Fund. Mr. Yeager joined Putnam in 2017 and has been in the investment industry since 1984. Prior to joining Putnam, Mr. Yeager was a Senior Vice President at Raymond James from 2003 to 2017 and a First Vice President, Institutional Equity Sales, at Merrill Lynch from 1993 to 2003. Prior to these roles, Mr. Yeager served as a Vice President, Institutional Equity Sales, at Bear Sterns from 1992 to 1993 and at CJ Lawrence from 1990 to 1992. Earlier in his career he served in Institutional Sales at Merrill Lynch from 1986 to 1990 and as an Associate at J.P. Morgan Investment Management from 1984 to 1986. Mr. Yeager earned a B.B.A. in Accounting from the University of Texas at Austin.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 39.02 | 7.29 | 2.42 |
