Putnam Focused Large Cap Value ETF Offers a Substantial Upside Potential

This interesting ETF invests in value stocks of large-cap companies in the Russell 1000 Value Index of large-cap companies in the Russell 1000 Value Index. This ETF is considered a lesser-known player in the large-cap value space. The fund attempts to compare the performance of its portfolio to the Russell 1000 Value Index.

Focused Large Cap Value ETF is launched and managed by Putnam Investment Management, LLC (co-managed by Putnam Investments). The ETF was established on May 25, 2021. Notably, Franklin Resources, Inc., a leading global asset manager, acquired Putnam Investments on January 1, 2024.

Once again, 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.

Results so far tend to suggest that the PVAL ETF is rated a Buy and has been the best-performing stock over the past 3 years. Putnam PVAL holds stocks currently undervalued by the market, as determined by Putnam. PVAL has $505 million in assets under management and charges 56 basis points in fees, the same as other actively managed equity ETFs. The TTM return rate is only 1.5% implying a huge upside potential given the fund’s fundamentals.