Putnam Focused Large Cap Value ETF

Frequently Asked Questions About PVAL

What does PVAL invest in?

This ETF aims to deliver both long-term capital appreciation and consistent income. It primarily allocates its investments to common shares of U.S.-based companies, with a strategic emphasis on value stocks that offer the prospect of either significant growth, regular income streams, or a combination of the two.

What is the expense ratio of PVAL?

Putnam Focused Large Cap Value ETF (PVAL) charges an expense ratio of 0.56%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PVAL?

Putnam Focused Large Cap Value ETF (PVAL) manages $12.73B 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 PVAL actively managed or an index fund?

PVAL's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was PVAL launched?

Putnam Focused Large Cap Value ETF (PVAL) launched in May 2021 and is managed by Franklin Templeton.

How has PVAL performed?

PVAL'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.