Putnam Large Cap Growth Fund
Actively managed U.S. stock fund
As of its 2026 Q2 report, Putnam Large Cap Growth Fund held 49 positions with $13.65B in net assets. Its ten largest holdings made up 63.6% of the fund. The POGAX share class costs 0.93% a year. Over the 12 months to May 2026, POGAX returned 26.5%, with dividends reinvested. In 2026 Q3 it added 15 new positions and exited 6.
The fund seeks capital appreciation.
The fund invests mainly in common stocks of large U.S. companies, focusing on growth stocks whose earnings are expected to outpace peers and whose valuations, financial strength, competitive position, and projected cash flows suggest potential for price appreciation. The fund maintains at least 80% of net assets in companies comparable in size to those in the Russell 1000 Growth Index. Because the fund is non-diversified, it may concentrate a greater percentage of assets in fewer issuers than a diversified fund, which concentrates risk in those holdings.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
NVDANVIDIA Corp. | 13.78% | $1.88B | 9.4M | $199.57 |
AAPLApple, Inc. | 9.66% | $1.32B | 4.9M | $271.35 |
MSFTMicrosoft Corp. | 7.50% | $1.02B | 2.5M | $407.78 |
AVGOBroadcom, Inc. | 7.26% | $990.47M | 2.4M | $417.43 |
GOOGAlphabet, Inc. | 7.06% | $963.21M | 2.5M | $381.94 |
AMZNAmazon.com, Inc. | 5.07% | $691.82M | 2.6M | $265.06 |
4.50% | $613.60M | 1.0M | $611.91 | |
3.06% | $417.53M | 446.8K | $934.60 | |
TSLATesla, Inc. | 3.06% | $417.44M | 1.1M | $381.63 |
2.67% | $364.40M | 724.6K | $502.92 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
All 49 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 98.78% |
| Other | 1.26% |
By sector
- Information Technology
- 47.8%
- Communication Services
- 16.9%
- Industrials
- 7.8%
- Health Care
- 6.7%
- 8 other sectors
- 20.9%
- Information Technology
- 47.8%
- Communication Services
- 16.9%
- Industrials
- 7.8%
- Health Care
- 6.7%
- Financials
- 6.5%
- Consumer Discretionary
- 5.9%
- International
- 4.8%
- Materials
- 1.6%
- Consumer Staples
- 1.1%
- Real Estate
- 0.6%
- Other
- 0.4%
- Cash
- 0.0%
How it has done
POGAX share class · total returns with dividends reinvested
Volatility over the last 12 months: 17.77%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 7 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| 0.93% | +26.54% | +101.69% | +85.36% | -12.35% | |
| — | — | — | — | — | |
| 1.69% | +25.56% | +97.11% | +78.53% | -12.48% | |
| 1.19% | +26.20% | +100.10% | +83.02% | -12.41% | |
| 0.68% | +26.87% | +103.14% | +87.65% | -12.33% | |
| 0.70% | +26.83% | +103.10% | +87.62% | -12.34% | |
| 0.60% | +26.95% | +103.69% | +88.55% | -12.32% |
Fees & fund details
Putnam Large Cap Growth Fund is an actively managed U.S. equity fund. 33% of POGAX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 97% of the fund’s equity).
- Asset class
- Equity
- Region
- United States
- Management
- Actively managed
- Fund type
- Open-end fund
- Features
- Non-diversified
- Expense ratio, by class
- 0.60% – 1.69%· POGAX 0.93%
- Portfolio turnover
- 34.00% a year · as of 2025 Q4
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
15 new· the largest 8
6 exited
Understand how this fund fits with the rest.
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