- What does POVSX invest in?
- The fund primarily invests in the common stock of large and mid-sized companies located outside the United States, seeking out those the advisor believes offer promising investment opportunities. It may target firms characterized by growth, value, or a combination of both approaches. While its main geographical focus is on developed countries, the fund has the flexibility to allocate capital to emerging markets. At least 80% of its net assets will be dedicated to equity securities. In making buy or sell decisions, the manager considers various elements such as a company's valuation, financial stability, growth potential, competitive standing, and projections for earnings, cash flow, and dividends.
- What is the expense ratio of POVSX?
- Putnam International Equity Fd Class A (POVSX) charges an expense ratio of 1.19%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is POVSX?
- Putnam International Equity Fd Class A (POVSX) manages $1.04B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is POVSX actively managed or an index fund?
- POVSX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (POVSX's is 1.19%) in exchange for the discretion to over- or under-weight positions.
- When was POVSX launched?
- Putnam International Equity Fd Class A (POVSX) launched in February 1991 and is managed by Putnam.
- How has POVSX performed?
- POVSX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
