PVAL
Putnam Focused Large Cap Value ETF
PVAL is an actively-managed, non-transparent ETF that provides exposure to large-cap value companies in the US.
US
EQUITY
Active
MANAGEMENT STYLE
$ 2.3 B
ASSETS UNDER MGMT
56 bp
EXPENSES
Fund Basics
| Inception date | May 25, 2021 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Annually |
| Currency | USD |
| Holdings Transparency | Non-transparent |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top Holdings
| CITIGROUP INC | 4.5 % |
| WALMART INC | 4.0 % |
| BANK OF AMERICA CORP | 3.9 % |
| EXXONMOBIL HOLDINGS CORP | 3.5 % |
| CAPITAL ONE FINANCIAL CORP | 3.5 % |
| THERMO FISHER SCIENTIFIC INC | 3.4 % |
| ORACLE CORP | 3.3 % |
| UNITEDHEALTH GROUP INC | 3.0 % |
| HILTON WORLDWIDE HOLDINGS INC | 2.9 % |
| NET CASH | 2.7 % |
Historical Performance
Standardized Performance (as of 07/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 17.2% | 31.7% | 19.5% | 20.5% | 15.9% | -- | -- | 15.6% |
| Dividend Yield | 0.6% | 1.4% | 1.4% | 1.7% | 1.3% | -- | -- | 1.2% |
| Total Returns | 17.8% | 33.1% | 20.9% | 22.2% | 17.2% | -- | -- | 16.9% | Ann. Volatility | 12.1% | 11.3% | 14.5% | 13.5% | 15.2% | -- | -- | 15.2% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.70 | 64% |
| MSCI EAFE | 0.54 | 57% |
| MSCI Emg Mkts | 0.27 | 33% |
Liquidity Measures
| Avg. volume (000) | 1,827 |
| ADV traded (mns) | $98 |
| Turnover | 4.2% |
| Avg. Bid/Ask (% of price) | 0.02% |
Technical Indicators
| 30d moving avg. (EMA) | $53.09 |
| Relative strength (RSI) | 68 |
| MACD/Signal | 0.76/0.72 |
| Bollinger Bands (Upper/Lower) | $55.31/$51.55 |
| Short interest (% of AUM) | 0.2% |
Distributions