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PUTNAM INTERNATIONAL EQUITY FUND /MA/
mutual fund
POVSX
Payout Change
Pending
Price as of:
$24.84
+0.03
+0.12%
primary theme
International Large-Cap Blend Equity
share class
POVSX (Mutual Fund)
PUTNAM INTERNATIONAL EQUITY FUND /MA/
Payout Change
Pending
Price as of:
$24.84
+0.03
+0.12%
primary theme
International Large-Cap Blend Equity
share class
POVSX (Mutual Fund)
PUTNAM INTERNATIONAL EQUITY FUND /MA/
Payout Change
Pending
Price as of:
$24.84
+0.03
+0.12%
primary theme
International 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
-1.1%
1 yr return
0.1%
3 Yr Avg Return
0.2%
5 Yr Avg Return
4.1%
Net Assets
$724 M
Holdings in Top 10
29.2%
52 WEEK LOW AND HIGH
$24.8
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.20%
SALES FEES
Front Load 5.75%
Deferred Load N/A
TRADING FEES
Turnover 91.00%
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
POVSX - Profile
Distributions
- YTD Total Return -1.1%
- 3 Yr Annualized Total Return 0.2%
- 5 Yr Annualized Total Return 4.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.72%
- Dividend Yield 1.8%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NamePUTNAM INTERNATIONAL EQUITY FUND /MA/
-
Fund Family NamePutnam Family of Funds
-
Inception DateAug 31, 1994
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerVivek Gandhi
Fund Description
Investments
We invest mainly in common stocks (growth or value stocks or both) of large and midsize companies outside the United States 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. Under normal circumstances, we invest at least 80% of the fund’s net assets in equity investments. This policy may be changed only after 60 days’ notice to shareholders. 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. We may also consider other factors that we believe will cause the stock price to rise. We invest mainly in developed countries but may invest in emerging markets. We may also use derivatives, such as certain foreign currency transactions, futures, options, warrants and swap contracts, for both hedging and non-hedging purposes. For example, we typically use foreign currency forward contracts in connection with the fund’s investments in foreign securities in order to hedge the fund’s currency exposure relative to the MSCI EAFE Index-NR.
POVSX - Performance
Return Ranking - Trailing
| Period | POVSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.1% | -12.5% | 24.0% | 93.04% |
| 1 Yr | 0.1% | -11.8% | 28.6% | 92.72% |
| 3 Yr | 0.2%* | -15.0% | 44.7% | 67.32% |
| 5 Yr | 4.1%* | -34.2% | 73.2% | 63.33% |
| 10 Yr | 3.5%* | 0.9% | 31.8% | 86.61% |
* Annualized
Return Ranking - Calendar
| Period | POVSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 16.4% | -1.4% | 22.0% | 14.31% |
| 2022 | -14.8% | -43.6% | 71.3% | 13.94% |
| 2021 | -4.9% | -28.5% | 18.9% | 86.32% |
| 2020 | 8.9% | -90.1% | 992.1% | 41.37% |
| 2019 | 23.5% | -1.9% | 38.8% | 19.18% |
Total Return Ranking - Trailing
| Period | POVSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -1.1% | -12.5% | 24.0% | 93.04% |
| 1 Yr | 0.1% | -11.8% | 28.6% | 92.72% |
| 3 Yr | 0.2%* | -15.0% | 44.7% | 67.32% |
| 5 Yr | 4.1%* | -34.2% | 73.2% | 63.33% |
| 10 Yr | 3.5%* | 0.9% | 31.8% | 86.61% |
* Annualized
Total Return Ranking - Calendar
| Period | POVSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 18.6% | 3.2% | 23.8% | 18.08% |
| 2022 | -14.8% | -43.6% | 144.8% | 36.54% |
| 2021 | 8.8% | -22.6% | 56.0% | 66.12% |
| 2020 | 11.7% | -89.7% | 1010.8% | 37.69% |
| 2019 | 25.5% | 4.3% | 38.8% | 25.75% |
NAV & Total Return History
POVSX - Holdings
Concentration Analysis
| POVSX | Category Low | Category High | POVSX % Rank | |
|---|---|---|---|---|
| Net Assets | 724 M | 3.3 M | 443 B | 54.22% |
| Number of Holdings | 143 | 1 | 10898 | 49.06% |
| Net Assets in Top 10 | 221 M | 1.01 M | 47.5 B | 45.16% |
| Weighting of Top 10 | 29.15% | 4.6% | 147.7% | 31.60% |
Top 10 Holdings
- ORDINARY SHARES 3.17%
- ORDINARY SHARES 3.15%
- ORDINARY SHARES 3.12%
- CURRENCY FORWARDS 3.05%
- ORDINARY SHARES 3.03%
- COMMON STOCK 2.87%
- ORDINARY SHARES 2.72%
- ORDINARY SHARES 2.71%
- ORDINARY SHARES 2.68%
- ORDINARY SHARES 2.65%
Asset Allocation
| Weighting | Return Low | Return High | POVSX % Rank | |
|---|---|---|---|---|
| Stocks | 95.92% | 0.00% | 102.32% | 78.13% |
| Other | 47.54% | -2.12% | 47.54% | 0.63% |
| Preferred Stocks | 2.42% | -0.16% | 6.89% | 4.69% |
| Cash | 1.72% | 0.00% | 44.84% | 51.72% |
| Bonds | 0.44% | 0.00% | 95.29% | 5.94% |
| Convertible Bonds | 0.00% | 0.00% | 4.18% | 39.03% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | POVSX % Rank | |
|---|---|---|---|---|
| Financial Services | 21.41% | 0.00% | 47.75% | 11.86% |
| Industrials | 20.55% | 5.17% | 99.49% | 8.49% |
| Technology | 12.25% | 0.00% | 36.32% | 41.51% |
| Healthcare | 12.23% | 0.00% | 20.35% | 47.12% |
| Basic Materials | 9.03% | 0.00% | 23.86% | 32.37% |
| Consumer Defense | 8.85% | 0.00% | 32.29% | 57.53% |
| Consumer Cyclical | 6.52% | 0.00% | 36.36% | 91.35% |
| Communication Services | 5.87% | 0.00% | 21.69% | 50.96% |
| Energy | 3.29% | 0.00% | 16.89% | 75.00% |
| Utilities | 0.00% | 0.00% | 13.68% | 91.35% |
| Real Estate | 0.00% | 0.00% | 14.59% | 83.81% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | POVSX % Rank | |
|---|---|---|---|---|
| Non US | 88.92% | 0.00% | 99.42% | 56.56% |
| US | 7.00% | 0.00% | 102.01% | 46.72% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | POVSX % Rank | |
|---|---|---|---|---|
| Derivative | 47.54% | -2.12% | 47.54% | 0.63% |
| Cash & Equivalents | 1.72% | -1.87% | 100.00% | 39.06% |
| Securitized | 0.00% | 0.00% | 47.51% | 38.31% |
| Corporate | 0.00% | 0.00% | 100.00% | 51.46% |
| Municipal | 0.00% | 0.00% | 0.17% | 38.31% |
| Government | 0.00% | 0.00% | 44.25% | 42.37% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | POVSX % Rank | |
|---|---|---|---|---|
| US | 0.44% | 0.00% | 87.90% | 5.31% |
| Non US | 0.00% | 0.00% | 8.52% | 38.59% |
POVSX - Expenses
Operational Fees
| POVSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.20% | 0.01% | 19.62% | 37.09% |
| Management Fee | 0.66% | 0.00% | 1.65% | 53.77% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 36.62% |
| Administrative Fee | N/A | 0.01% | 1.00% | N/A |
Sales Fees
| POVSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.75% | 3.50% | 5.75% | 19.51% |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| POVSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 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.
| POVSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 91.00% | 2.00% | 247.00% | 86.27% |
POVSX - Distributions
Dividend Yield Analysis
| POVSX | Category Low | Category High | POVSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.81% | 0.00% | 17.49% | 63.44% |
Dividend Distribution Analysis
| POVSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | SemiAnnual |
Net Income Ratio Analysis
| POVSX | Category Low | Category High | POVSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.72% | -0.93% | 6.38% | 83.33% |
Capital Gain Distribution Analysis
| POVSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 21, 2023 | $0.471 | OrdinaryDividend |
| Dec 22, 2021 | $3.590 | OrdinaryDividend |
| Dec 23, 2020 | $0.681 | OrdinaryDividend |
| Dec 23, 2019 | $0.386 | OrdinaryDividend |
| Dec 21, 2017 | $0.085 | OrdinaryDividend |
| Dec 22, 2016 | $0.641 | OrdinaryDividend |
| Dec 23, 2015 | $0.593 | OrdinaryDividend |
| Dec 26, 2014 | $0.215 | OrdinaryDividend |
| Dec 26, 2013 | $0.173 | OrdinaryDividend |
| Dec 26, 2012 | $0.187 | OrdinaryDividend |
| Dec 22, 2011 | $0.957 | OrdinaryDividend |
| Dec 22, 2010 | $0.409 | OrdinaryDividend |
| Dec 23, 2009 | $0.430 | OrdinaryDividend |
| Dec 21, 2007 | $2.058 | CapitalGainShortTerm |
| Dec 21, 2007 | $3.330 | CapitalGainLongTerm |
| Dec 21, 2007 | $0.910 | OrdinaryDividend |
| Dec 20, 2006 | $0.195 | CapitalGainShortTerm |
| Dec 20, 2006 | $1.268 | CapitalGainLongTerm |
| Dec 20, 2006 | $0.700 | OrdinaryDividend |
| Dec 21, 2005 | $0.528 | OrdinaryDividend |
| Dec 22, 2004 | $0.325 | OrdinaryDividend |
| Dec 19, 2003 | $0.354 | OrdinaryDividend |
POVSX - Fund Manager Analysis
Managers
Vivek Gandhi
Start Date
Tenure
Tenure Rank
Feb 28, 2018
4.25
4.3%
Mr. Gandhi is the Portfolio Manager of Putnam's global communications, international core, and European core equity strategies. Based in London, he is responsible for conducting fundamental analysis and valuation of European utilities and telecommunication companies in Europe, China, and Japan, and for making buy/sell recommendations. Mr. Gandhi joined Putnam in 1999 and has been in the investment industry since 1994. Prior to joining Putnam, Mr. Gandhi was a Vice President, Equity Analyst, at Alliance Capital Management from 1998 to 1999 and an Investment Manager at Aberdeen Asset Management from 1994 to 1998. Mr. Gandhi earned an M.B.A. from XLRI in Jamshedpur, India, and a B.Eng. in Computer Science from National Institute of Technology, Bhopal, India.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.35 | 6.32 | 3.25 |
