Putnam Small Cap Value A

Frequently Asked Questions About PSLAX

What does PSLAX invest in?

Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of value companies of a size similar to those in the Russell 2000 Index over the past six months.

What is the expense ratio of PSLAX?

Putnam Small Cap Value A (PSLAX) charges an expense ratio of 1.10%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PSLAX?

Putnam Small Cap Value A (PSLAX) manages $291.3M 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 PSLAX actively managed or an index fund?

PSLAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PSLAX's is 1.10%) in exchange for the discretion to over- or under-weight positions.

When was PSLAX launched?

Putnam Small Cap Value A (PSLAX) launched in April 1999 and is managed by Putnam.

How has PSLAX performed?

PSLAX'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.