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PEYAX Putnam Equity Income A

  • Fund
  • PEYAX
  • Price as of: Mar 28, 2017
  • $22.09
  • - $0.01
  • - 0.05%
  • Category
  • Large Cap Value Equities

PEYAX - Profile

Vitals

  • YTD Return 3.5%
  • 3 Yr Annualized Return 8.9%
  • 5 Yr Annualized Return 13.2%
  • Net Assets $6.58 B
  • Holdings in Top 10 24.6%

52 WEEK LOW AND HIGH

$22.09
$18.85
$22.80

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.97%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 15.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Large Cap Value Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Value

Distributions

  • YTD Total Return 3.5%
  • 3 Yr Annualized Total Return 6.8%
  • 5 Yr Annualized Total Return 11.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.66%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Putnam Equity Income Fund
  • Fund Family Name Putnam
  • Inception Date Jun 15, 1977
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Darren A. Jaroch

PEYAX - Performance

Return Ranking - Trailing

Period PEYAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.5% -83.3% 14.5% 44.08% 3
1 Yr 26.7% -47.2% 43.0% 40.94% 3
3 Yr 8.9% * -20.4% 15.9% 28.47% 2
5 Yr 13.2% * -7.6% 16.0% 23.50% 2
10 Yr 7.8% * -3.7% 9.6% 4.91% 1

* Annualized


Return Ranking - Calendar

Period PEYAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 10.9% -40.1% 180.5% 36.16% 2
2015 -8.5% -47.3% 9.6% 36.25% 3
2014 2.8% -46.4% 35.3% 51.58% 3
2013 20.5% -13.6% 45.0% 74.47% 5
2012 13.2% -22.7% 35.8% 41.95% 3

Total Return Ranking - Trailing

Period PEYAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.5% -83.3% 14.5% 44.07% 3
1 Yr 19.4% -51.7% 110.4% 73.03% 4
3 Yr 6.8% * -11.2% 19.9% 67.14% 4
5 Yr 11.8% * -0.1% 16.0% 53.32% 3
10 Yr 7.1% * -0.6% 13.8% 13.13% 1

* Annualized


Total Return Ranking - Calendar

Period PEYAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 12.2% -23.8% 187.5% 37.57% 2
2015 -3.4% -26.0% 39.5% 34.88% 2
2014 14.9% -14.3% 57.4% 14.54% 1
2013 45.2% 0.0% 289.2% 26.37% 2
2012 31.6% -21.5% 528.1% 12.59% 1

NAV & Total Return History

PEYAX - Holdings

Filings data as of: Dec 31, 2016

Concentration Analysis

PEYAX Category Low Category High PEYAX % Rank Quintile
Net Assets 6.58 B 273 K 90 B 3.04% 1
Number of Holdings 124 1 966 5.80% 2
Net Assets in Top 10 1.57 B 0 26.5 B 3.24% 1
Weighting of Top 10 24.6% 0.0% 100.1% 21.03% 4

Top 10 Holdings

  1. Exxon Mobil Corp 2.25%
  2. Eli Lilly and Co 2.29%
  3. Johnson & Johnson 2.14%
  4. Northrop Grumman Corp 2.91%
  5. Wells Fargo & Co 2.15%
  6. JPMorgan Chase & Co 2.83%
  7. Microsoft Corp 2.90%
  8. AT&T Inc 2.20%
  9. Citigroup Inc 2.60%
  10. Bank of America Corporation 2.36%

Asset Allocation

Weighting Category Low Category High PEYAX % Rank Quintile
Stocks
95.21% 0.00% 104.78% 17.79% 4
Cash
2.77% -4.77% 100.00% 10.09% 2
Preferred Stocks
1.30% 0.00% 35.63% 1.52% 1
Other
0.43% -2.85% 24.50% 5.04% 2
Convertible Bonds
0.29% 0.00% 75.13% 1.14% 1
Bonds
0.00% -0.06% 75.60% 4.47% 2

Stock Sector Breakdown

Weighting Category Low Category High PEYAX % Rank Quintile
Financial Services
22.07% 0.00% 44.35% 16.78% 4
Technology
11.75% 0.00% 25.91% 12.01% 2
Healthcare
11.06% 0.00% 29.91% 16.49% 3
Energy
9.39% 0.00% 21.82% 16.49% 4
Industrials
8.71% 0.00% 36.78% 18.88% 4
Communication Services
7.96% 0.00% 11.07% 1.62% 1
Consumer Defense
7.68% 0.00% 32.88% 12.87% 3
Consumer Cyclical
6.38% 0.00% 32.87% 19.64% 4
Utilities
4.66% 0.00% 56.55% 8.67% 2
Real Estate
3.01% 0.00% 19.13% 7.24% 2
Basic Materials
2.53% 0.00% 18.54% 15.06% 4

Stock Geographic Breakdown

Weighting Category Low Category High PEYAX % Rank Quintile
US
91.02% 0.00% 100.16% 15.22% 3
Non US
4.19% 0.00% 98.81% 15.51% 3

PEYAX - Expenses

Operational Fees

PEYAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.97% 0.05% 21.67% 16.56% 2
Management Fee 0.47% 0.00% 1.20% 4.85% 1
12b-1 Fee 0.25% 0.00% 1.00% 2.03% 2
Administrative Fee N/A 0.00% 0.50% N/A N/A

Sales Fees

PEYAX Fees (% of AUM) Category Low Category High PEYAX Rank Quintile
Front Load 5.75% 1.00% 5.75% 0.59% 3
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

PEYAX Fees (% of AUM) Category Low Category High PEYAX Rank Quintile
Max Redemption Fee N/A 0.50% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PEYAX Fees (% of AUM) Category Low Category High PEYAX Rank Quintile
Turnover 15.00% 0.00% 229.00% 14.18% 1

PEYAX - Distributions

Dividend Yield Analysis

PEYAX Category Low Category High PEYAX % Rank Quintile
Dividend Yield 0.3% 0.00% 3.58% 22.23% 2

Dividend Distribution Analysis

PEYAX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

PEYAX Category Low Category High PEYAX % Rank Quintile
Net Income Ratio 1.66% -2.34% 3.83% 11.80% 2

Capital Gain Distribution Analysis

PEYAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

PEYAX - Managers

Darren A. Jaroch

Lead Manager

Start Date

Aug 29, 2012

Tenure

4.5

Tenure Rank

8.8%

Mr. Jaroch is a Portfolio Manager of U.S., international, and global value strategies. He joined Putnam in 1999 and has been in the investment industry since 1996. Previously at Putnam, Mr. Jaroch managed global core equity strategies and worked on quantitative models as a member of the U.S. Value team. Prior to joining Putnam, he was a Senior Auditor, Client Service, at State Street Bank & Trust from 1996 to 1998 and a Research Associate at Abt Associates from 1995 to 1996. Mr. Jaroch earned a B.A. from Hartwick College.


Walter Scully

Manager

Start Date

Aug 29, 2012

Tenure

4.5

Tenure Rank

8.8%

Mr. Scully is an Analyst in the Equity Research group, focusing on the U.S. consumer sector. He is responsible for conducting fundamental analysis and valuation of the companies in the consumer cyclicals industry, and making buy/sell recommendations. In addition, he is a PM of Putnam's global consumer and research strategies, and an assistant portfolio manager of Putnam's U.S. large-cap value strategies. Mr. Scully has been in the investment industry since he joined Putnam in 1996. Prior to joining Putnam, Mr. Scully was a Senior Accountant at PricewaterhouseCoopers from 1990 to 1994.


Tenure Analysis

Category Low

0.0

Category High

38.5

Category Average

6.93

Category Mode

2.2