PEIYX: Putnam Equity Income Y

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PEIYX Putnam Equity Income Y


Profile

PEIYX - Profile

Vitals

  • YTD Return -23.8%
  • 3 Yr Annualized Return -3.0%
  • 5 Yr Annualized Return -1.1%
  • Net Assets $12.1 B
  • Holdings in Top 10 25.9%

52 WEEK LOW AND HIGH

$20.16
$17.26
$27.19

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.66%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 12.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -23.8%
  • 3 Yr Annualized Total Return -3.0%
  • 5 Yr Annualized Total Return -1.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.91%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Putnam Equity Income Fund
  • Fund Family Name
    Putnam
  • Inception Date
    Oct 01, 1998
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Darren Jaroch

Fund Description

The fund invests mainly in common stocks of midsize and large U.S. companies, with a focus on value stocks that offer the potential for capital growth, current income, or both. Value stocks are issued by companies that the adviser believes are currently undervalued by the market. The adviser may consider, among other factors, a company's valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments.


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Categories

Fund Company Quick Screens

PEIYX - Fund Company Quick Screens


Performance

PEIYX - Performance

Return Ranking - Trailing

Period PEIYX Return Category Return Low Category Return High Rank in Category (%)
YTD -23.8% -53.3% 1.0% 49.62%
1 Yr -16.2% -53.2% 21.3% 30.38%
3 Yr -3.0%* -27.4% 12.8% 16.32%
5 Yr -1.1%* -25.1% 9.4% 20.07%
10 Yr 3.4%* -16.3% 17.6% 28.44%

* Annualized

Return Ranking - Calendar

Period PEIYX Return Category Return Low Category Return High Rank in Category (%)
2019 25.0% -32.1% 48.5% 11.94%
2018 -13.6% -62.4% 16.7% 25.65%
2017 14.8% -16.4% 22.0% 12.96%
2016 10.9% -27.9% 31.0% 44.62%
2015 -8.5% -43.1% 1.3% 42.98%

Total Return Ranking - Trailing

Period PEIYX Return Category Return Low Category Return High Rank in Category (%)
YTD -23.8% -53.3% 1.0% 49.62%
1 Yr -16.2% -53.2% 21.3% 30.38%
3 Yr -3.0%* -27.2% 12.8% 39.23%
5 Yr -1.1%* -17.4% 9.4% 55.50%
10 Yr 3.4%* -7.6% 17.6% 72.81%

* Annualized

Total Return Ranking - Calendar

Period PEIYX Return Category Return Low Category Return High Rank in Category (%)
2019 25.0% -32.1% 48.5% 11.94%
2018 -13.6% -37.1% 17.4% 60.02%
2017 14.8% -9.5% 25.7% 50.11%
2016 10.9% -27.9% 32.2% 73.77%
2015 -8.5% -28.9% 3.9% 74.14%

NAV & Total Return History


Holdings

PEIYX - Holdings

Concentration Analysis

PEIYX Category Low Category High PEIYX % Rank
Net Assets 12.1 B 851 K 69.7 B 5.28%
Number of Holdings 119 1 1191 20.45%
Net Assets in Top 10 3.57 B 86.3 K 24.7 B 6.79%
Weighting of Top 10 25.90% 6.3% 186.4% 64.93%

Top 10 Holdings

  1. JPMorgan Chase & Co 4.48%
  2. Bank of America Corp 3.56%
  3. Microsoft Corp 3.16%
  4. Citigroup Inc 3.04%
  5. Walmart Inc 2.47%
  6. Apple Inc 2.12%
  7. Johnson & Johnson 1.95%
  8. Northrop Grumman Corp 1.91%
  9. Cigna Corp 1.63%
  10. Merck & Co Inc 1.57%

Asset Allocation

Weighting Return Low Return High PEIYX % Rank
Stocks
97.01% 83.89% 141.55% 76.72%
Cash
2.21% -104.41% 15.60% 28.46%
Preferred Stocks
0.63% 0.00% 7.57% 5.56%
Bonds
0.16% -0.15% 71.79% 4.05%
Other
0.00% -2.51% 30.06% 83.69%
Convertible Bonds
0.00% -0.01% 7.42% 83.13%

Stock Sector Breakdown

Weighting Return Low Return High PEIYX % Rank
Financial Services
23.37% 0.00% 61.45% 49.57%
Healthcare
14.87% 0.00% 35.11% 39.70%
Technology
10.81% 0.00% 27.03% 36.28%
Industrials
9.99% 0.00% 40.34% 55.18%
Energy
9.15% 0.00% 19.35% 22.22%
Consumer Defense
8.19% 0.00% 32.31% 54.80%
Communication Services
5.60% 0.00% 25.54% 72.36%
Utilities
5.23% 0.00% 44.62% 50.71%
Consumer Cyclical
5.16% 0.00% 28.45% 70.09%
Basic Materials
3.98% 0.00% 23.37% 27.35%
Real Estate
3.65% 0.00% 20.28% 44.54%

Stock Geographic Breakdown

Weighting Return Low Return High PEIYX % Rank
US
93.21% 80.44% 139.76% 49.86%
Non US
3.80% 0.00% 18.95% 52.03%

Bond Sector Breakdown

Weighting Return Low Return High PEIYX % Rank
Cash & Equivalents
74.15% 0.00% 100.00% 87.64%
Corporate
20.46% 0.00% 100.00% 8.33%
Government
5.39% 0.00% 39.62% 1.44%
Derivative
0.00% 0.00% 72.65% 83.62%
Securitized
0.00% 0.00% 22.84% 83.05%
Municipal
0.00% 0.00% 0.25% 83.05%

Bond Geographic Breakdown

Weighting Return Low Return High PEIYX % Rank
US
0.16% -0.15% 57.11% 3.96%
Non US
0.00% 0.00% 17.56% 83.03%

Expenses

PEIYX - Expenses

Operational Fees

PEIYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.66% 0.00% 19.26% 84.36%
Management Fee 0.47% 0.00% 1.50% 26.47%
12b-1 Fee 0.00% 0.00% 1.00% 14.78%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

PEIYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

PEIYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

PEIYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 12.00% 0.00% 431.00% 5.45%

Distributions

PEIYX - Distributions

Dividend Yield Analysis

PEIYX Category Low Category High PEIYX % Rank
Dividend Yield 0.00% 0.00% 9.88% 83.60%

Dividend Distribution Analysis

PEIYX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Quarterly

Net Income Ratio Analysis

PEIYX Category Low Category High PEIYX % Rank
Net Income Ratio 1.91% -0.36% 4.13% 38.84%

Capital Gain Distribution Analysis

PEIYX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

PEIYX - Fund Manager Analysis

Managers

Darren Jaroch


Start Date

Tenure

Tenure Rank

Aug 29, 2012

7.59

7.6%

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.

Lauren DeMore


Start Date

Tenure

Tenure Rank

Aug 31, 2019

0.58

0.6%

Ms. DeMore is an Assistant Portfolio Manager of Putnam's U.S. large-cap value and international value strategies. She joined Putnam in 2006 and has been in the investment industry since 2002. Previously at Putnam, Ms. DeMore was an Analyst covering the non-U.S. financials, telecommunications, and utilities sectors. Prior to joining Putnam, Ms. DeMore was an Analyst at EnCapital from 2002 to 2006.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 84.42 7.04 1.15