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PEYAX Putnam Equity Income A

  • Fund
  • PEYAX
  • Price as of: Dec 09, 2016
  • $21.73
  • + $0.12
  • + 0.56%
  • Category
  • Large Cap Value Equities

PEYAX - Profile

Vitals

  • YTD Return 12.9%
  • 3 Yr Annualized Return 7.3%
  • 5 Yr Annualized Return 13.9%
  • Net Assets $6.3 B
  • Holdings in Top 10 22.9%

52 WEEK LOW AND HIGH

$21.73
$17.20
$21.73

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.96%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 22.00%

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 14.2%
  • 3 Yr Annualized Total Return 5.2%
  • 5 Yr Annualized Total Return 12.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.51%
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 12.9% -75.5% 192.5% 49.18% 3
1 Yr 8.0% -47.2% 27.7% 58.29% 3
3 Yr 7.3% * -15.3% 14.2% 36.07% 2
5 Yr 13.9% * -0.1% 17.6% 26.10% 2
10 Yr 7.1% * -0.9% 8.9% 6.78% 1

* Annualized


Return Ranking - Calendar

Period PEYAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -8.5% -47.3% 0.6% 35.60% 3
2014 2.8% -46.4% 14.8% 51.00% 3
2013 20.5% -13.6% 45.0% 75.08% 5
2012 13.2% -22.7% 35.8% 41.65% 3
2011 -0.3% -34.9% 13.0% 25.81% 2

Total Return Ranking - Trailing

Period PEYAX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 14.2% -75.5% 199.7% 48.31% 3
1 Yr 1.8% -51.7% 110.4% 83.69% 5
3 Yr 5.2% * -11.2% 19.9% 72.15% 4
5 Yr 12.5% * -0.1% 17.6% 51.75% 3
10 Yr 6.5% * -0.9% 8.9% 16.52% 1

* Annualized


Total Return Ranking - Calendar

Period PEYAX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -3.4% -26.0% 5.6% 33.86% 2
2014 14.9% -14.3% 39.5% 13.97% 1
2013 45.2% 0.0% 289.2% 26.54% 2
2012 31.6% 0.0% 528.1% 12.50% 1
2011 3.0% -84.2% 231.9% 23.92% 2

NAV & Total Return History

PEYAX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

PEYAX Category Low Category High PEYAX % Rank Quintile
Net Assets 6.3 B 273 K 84.6 B 3.04% 1
Number of Holdings 124 1 999 6.76% 2
Net Assets in Top 10 1.42 B 0 24.7 B 3.71% 1
Weighting of Top 10 22.9% 0.0% 100.1% 24.36% 5

Top 10 Holdings

  1. Exxon Mobil Corp 2.24%
  2. Eli Lilly and Co 2.57%
  3. Johnson & Johnson 2.26%
  4. Northrop Grumman Corp 2.75%
  5. Wells Fargo & Co 1.77%
  6. Comcast Corp Class A 2.03%
  7. JPMorgan Chase & Co 2.24%
  8. Microsoft Corp 2.76%
  9. AT&T Inc 2.16%
  10. Citigroup Inc 2.12%

Asset Allocation

Weighting Category Low Category High PEYAX % Rank Quintile
Stocks
95.24% 0.00% 132.93% 18.93% 4
Cash
2.62% -32.93% 100.00% 11.61% 2
Preferred Stocks
1.38% 0.00% 18.87% 1.33% 1
Other
0.46% -2.64% 25.55% 4.85% 1
Convertible Bonds
0.30% 0.00% 6.90% 0.86% 1
Bonds
0.00% -0.12% 75.03% 4.57% 2

Stock Sector Breakdown

Weighting Category Low Category High PEYAX % Rank Quintile
Financial Services
18.78% 0.00% 38.34% 20.59% 4
Healthcare
12.76% 0.00% 29.91% 13.44% 3
Technology
11.81% 0.00% 29.49% 13.25% 3
Industrials
10.03% 0.00% 31.48% 15.44% 3
Communication Services
8.38% -0.70% 10.47% 1.53% 1
Energy
8.12% 0.00% 29.15% 19.83% 4
Consumer Defense
7.57% -1.44% 25.28% 14.78% 3
Consumer Cyclical
7.30% 0.00% 34.71% 17.54% 3
Utilities
4.80% -0.70% 78.64% 9.34% 2
Real Estate
3.29% 0.00% 19.44% 6.86% 2
Basic Materials
2.41% 0.00% 14.96% 16.21% 4

Stock Geographic Breakdown

Weighting Category Low Category High PEYAX % Rank Quintile
US
90.64% 0.00% 132.93% 15.70% 3
Non US
4.60% 0.00% 98.98% 14.84% 3

PEYAX - Expenses

Operational Fees

PEYAX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.96% 0.05% 21.67% 17.03% 2
Management Fee 0.47% 0.00% 1.20% 4.76% 2
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 22.00% 0.00% 221.00% 12.18% 2

PEYAX - Distributions

Dividend Yield Analysis

PEYAX Category Low Category High PEYAX % Rank Quintile
Dividend Yield 0.3% 0.00% 3.58% 22.13% 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 1.51% -1.41% 3.83% 13.13% 3

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

4.26

Tenure Rank

9.0%

Mr. Jaroch is Portfolio Manager of Putnam Equity Income Fund, Putnam Global Dividend Fund, and Putnam International Value Fund. He also manages U.S. value institutional portfolios and global and international value institutional portfolios. In addition, he has managed global core equity institutional portfolios. A CFA charterholder, Mr. Jaroch joined Putnam in 1999, working with the U.S. Value team on quantitative models before becoming a portfolio manager. He has been in the investment industry since 1996. Mr. Jaroch earned a B.A. from Hartwick College.


Walter Scully

Manager

Start Date

Aug 29, 2012

Tenure

4.26

Tenure Rank

9.0%

Mr. Scully is an Analyst in the Global 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 the portfolio manager of Putnam Global Consumer Fund, an assistant portfolio manager of Putnam Equity Income Fund, and a portfolio manager of Putnam Global Sector Fund and Putnam Research Fund. Mr. Scully has been in the investment industry since he joined Putnam in 1996.


Tenure Analysis

Category Low

0.0

Category High

38.3

Category Average

7

Category Mode

1.9