Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

PEYAX Putnam Equity Income A

  • Fund
  • PEYAX
  • Price as of: Jun 05, 2019
  • $23.77 + $0.12 + 0.51%
  • Category
  • Large Cap Value Equities

PEYAX - Profile

Vitals

  • YTD Return 12.3%
  • 3 Yr Annualized Return 6.1%
  • 5 Yr Annualized Return 1.7%
  • Net Assets $12.9 B
  • Holdings in Top 10 24.6%

52 WEEK LOW AND HIGH

$23.77
$20.84
$26.35

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.91%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 16.00%

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 12.3%
  • 3 Yr Annualized Total Return 6.1%
  • 5 Yr Annualized Total Return 1.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.51%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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 (%)
YTD 12.3% -4.3% 25.2% 41.84%
1 Yr -4.7% -33.3% 17.1% 36.61%
3 Yr 6.1%* -15.3% 15.1% 16.33%
5 Yr 1.7%* -28.8% 11.5% 33.03%
10 Yr 7.5%* -10.6% 12.3% 39.69%

* Annualized


Return Ranking - Calendar

Period PEYAX Return Category Return Low Category Return High Rank in Category (%)
2018 -13.7% -38.8% 15.7% 30.88%
2017 14.8% -17.9% 37.3% 13.69%
2016 10.9% -7.3% 28.2% 41.87%
2015 -8.5% -47.3% 0.6% 43.94%
2014 2.8% -46.4% 75.9% 61.07%

Total Return Ranking - Trailing

Period PEYAX Return Category Return Low Category Return High Rank in Category (%)
YTD 12.3% -4.3% 25.2% 40.72%
1 Yr -4.7% -33.3% 16.7% 61.15%
3 Yr 6.1%* -11.5% 16.6% 64.57%
5 Yr 1.7%* -9.9% 13.1% 79.64%
10 Yr 7.5%* -4.0% 14.5% 82.06%

* Annualized


Total Return Ranking - Calendar

Period PEYAX Return Category Return Low Category Return High Rank in Category (%)
2018 -13.7% -32.1% 15.7% 58.16%
2017 14.8% -7.9% 38.3% 51.51%
2016 10.9% -7.3% 29.2% 71.12%
2015 -8.5% -26.2% 4.7% 74.12%
2014 2.8% -45.2% 78.4% 85.85%

NAV & Total Return History

PEYAX - Holdings

Concentration Analysis

PEYAX Category Low Category High PEYAX % Rank
Net Assets 12.9 B 1.42 M 117 B 10.95%
Number of Holdings 117 18 1796 27.99%
Net Assets in Top 10 3.06 B 81.8 K 32.2 B 12.56%
Weighting of Top 10 24.63% 8.7% 74.0% 72.01%

Top 10 Holdings

  1. JPMorgan Chase & Co 3.67%

  2. Microsoft Corp 3.31%

  3. Bank of America Corporation 3.14%

  4. Citigroup Inc 2.67%

  5. Walmart Inc 2.28%

  6. Johnson & Johnson 2.11%

  7. Apple Inc 2.04%

  8. Exxon Mobil Corp 1.82%

  9. Northrop Grumman Corp 1.80%

  10. Becton, Dickinson and Co 1.79%


Asset Allocation

Weighting Return Low Return High PEYAX % Rank
Stocks
96.42% 6.24% 118.05% 68.41%
Cash
2.94% -18.05% 40.48% 35.07%
Preferred Stocks
0.64% 0.00% 16.57% 9.70%
Other
0.00% -0.31% 2.43% 56.97%
Convertible Bonds
0.00% 0.00% 77.39% 56.72%
Bonds
0.00% -0.04% 44.69% 61.32%

Stock Sector Breakdown

Weighting Return Low Return High PEYAX % Rank
Financial Services
20.59% 0.89% 40.80% 64.59%
Healthcare
13.70% 0.00% 25.25% 46.51%
Energy
11.16% 0.00% 24.02% 18.45%
Technology
10.68% 0.00% 35.17% 52.24%
Industrials
9.02% 0.00% 37.45% 54.24%
Consumer Defense
7.73% 0.00% 27.68% 49.63%
Consumer Cyclical
6.46% 0.00% 46.05% 60.35%
Communication Services
5.80% 0.00% 12.01% 28.80%
Utilities
5.61% 0.00% 71.63% 32.42%
Basic Materials
3.57% 0.00% 17.14% 35.04%
Real Estate
2.10% 0.00% 33.69% 57.98%

Stock Geographic Breakdown

Weighting Return Low Return High PEYAX % Rank
US
92.28% 0.18% 118.05% 38.56%
Non US
4.14% 0.00% 99.50% 61.32%

PEYAX - Expenses

Operational Fees

PEYAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.91% 0.03% 8.83% 62.14%
Management Fee 0.47% 0.00% 1.20% 26.74%
12b-1 Fee 0.25% 0.00% 1.00% 39.69%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

PEYAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.75% 1.00% 5.75% 24.82%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

PEYAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 2.00% 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 Return Low Category Return High Rank in Category (%)
Turnover 16.00% 0.00% 258.00% 14.93%

PEYAX - Distributions

Dividend Yield Analysis

PEYAX Category Low Category High PEYAX % Rank
Dividend Yield 0.01% 0.00% 0.10% 50.00%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

PEYAX Category Low Category High PEYAX % Rank
Net Income Ratio 1.51% -2.85% 3.22% 41.59%

Capital Gain Distribution Analysis

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

PEYAX - Managers

Darren A. Jaroch

Manager

Start Date

Tenure

Tenure Rank

Aug 29, 2012

6.76

6.8%

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 D. Scully

Manager

Start Date

Tenure

Tenure Rank

Aug 29, 2012

6.76

6.8%

Mr. Scully is a Portfolio Manager of Putnam's global consumer, global core equity, and research strategies, and is an Assistant Portfolio Manager of Putnam's U.S. large-cap value strategies. In addition, he is an Analyst in the Equity Research group, focusing on the U.S. consumer discretionary sector. Mr. Scully is responsible for conducting fundamental analysis and valuation of companies in this sector, and for making buy/sell recommendations. He has been in the investment industry since he joined Putnam in 1996.


Tenure Analysis

Category Low

0.08

Category High

35.44

Category Average

7.91

Category Mode

13.42