- 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 $313.0M 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 a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (PSLAX's is 1.10%) because there's no security selection cost.
- 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.
