Putnam Large Cap Value Fund

Putnam Large Cap Value Fund · 5 share classes

Actively managed U.S. equity fund
One fund, 5 share classes:PEYAXPEQNXPEQCXPEQRXPEIYX
$50.21B NAV
110 positions · as of 2026-04-30 · filed 2026-06-24

Fund classification

Classified from what the fund holds · as of 2026 Q2

Putnam Large Cap Value Fund is an actively managed U.S. equity fund. 6% of PEYAX’s stock holdings are in companies whose revenue grew in the top quartile of U.S. companies over the last five fiscal years (covering 90% of the fund’s equity).

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund

Fund profile

As filed in the prospectus · 2026 Q1

The fund seeks capital growth and current income.

Strategy · summarised

The fund invests primarily in large-cap U.S. value stocks selected by the Investment Manager based on criteria including valuation, financial strength, growth potential, competitive position, projected earnings, cash flows, and dividends. The fund holds at least 80% of its net assets in companies of a size similar to those in the Russell 1000 Value Index and may also invest in midsize companies. Returns depend on the Investment Manager's security selection decisions.

Expenses
0.52% 1.60%across 6 share classes
Share classExpense ratio
PEYAX0.85%
PEQCX1.60%
PEQRX1.10%
PEIYX0.60%
C0001181710.62%
C0001181720.52%

Portfolio turnover 18.00% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

100.11%
of net assets
Stocks96.60%
Cash & short-term3.19%
Other0.39%
Derivatives-0.07%

The outer band is exposure held short — written against the portfolio rather than part of it, which is why it sits outside the ring and why the two are never netted into one figure.

Derivatives are shown at market value, not notional exposure.

Sector allocation

The same holdings as Allocation above, grouped by market sector instead of asset type · as of 2026 Q2

100%
of net assets
Financials19.7%
Industrials10.9%
Health Care10.4%
Consumer Staples9.0%
10 smaller50.0%

Government, Securitized and Cash are non-corporate buckets; International is foreign holdings we don’t sector-classify, and Other is the residual (held funds, unresolved names).

Portfolio growth profile

How much of the fund’s stock holdings are in fast-growing companies · as of 2026 Q2

Revenue growth
6%of stock holdings in top-quartile growers
covering 90% of the fund’s equity
Earnings growth
16%of stock holdings in top-quartile growers
covering 87% of the fund’s equity

Share of the fund’s equity (by value) in companies whose trailing five-year revenue — or net-income — growth ranks in the top 25% of U.S. public companies. Foreign and newly-listed holdings are excluded, so the figure covers only part of the book. From SEC filings — not investment advice. How we measure this.

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 29 new36 exited

Largest new: AstraZeneca plc, KR, BSX, WAT, Walmart, Inc., TotalEnergies Capital SA, Victory Receivables Corp., Atlantic Asset Securitization LLC

Largest exited: AstraZeneca plc, TGT, DuPont de Nemours, Inc., Canadian Imperial Bank of Commerce ×2, TotalEnergies Capital SA, Barclays Bank plc, Zero Cpn Usd

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+29.06%+70.53%+97.45%8.66%-9.95%
+28.09%+66.75%+90.24%8.66%-10.18%
+28.74%+69.25%+94.91%8.68%-10.04%
+29.37%+71.79%+99.84%8.68%-9.92%
+29.34%+71.65%+99.79%8.69%-9.88%
+29.47%+72.19%+100.69%8.67%-9.84%
Cumulative return· May 2023 – Apr 2026

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Alphabet, Inc.GOOGL4.51%$2.26B
Citigroup, Inc.C4.21%$2.11B
Cisco Systems, Inc.CSCO3.44%$1.73B
Exxon Mobil Corp.XOM2.97%$1.49B
Amazon.com, Inc.AMZN2.57%$1.29B
NextEra Energy, Inc.NEE2.47%$1.24B
Coca-Cola Co. (The)KO2.35%$1.18B
General Motors Co.GM2.25%$1.13B
Philip Morris International, Inc.PM2.22%$1.12B
Microsoft Corp.MSFT2.18%$1.09B
Showing 10 of 110Sign in to see more

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.

Top 10 positions are 29.17% of net assets, top 25 55.25%, across 99 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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