Putnam Focused Large Cap Value ETF (PVAL) — ()
Key Metrics
News
PVAL: Value Means Overvalued In Today's Markets
Published: by:
Sentiment: Negative ()
Value investing means buying high-quality businesses below intrinsic value; current optimistic market conditions make this challenging for ETFs like PVAL. PVAL's high turnover rate (54%) contradicts the long-term mindset essential …
Read More
About Putnam Focused Large Cap Value ETF PVAL
The fund invests mainly in common stocks of U.S. companies, with a focus on value stocks that offer the potential for capital growth, current income, or both. Under normal circumstances, the fund invests at least 80% of the fund’s net assets in large-cap companies, which, for purposes of this policy, are of a size similar to those in the Russell 1000 Value Index. The fund may also invest in midsize companies. It is non-diversified.