# PVAL (Putnam Focused Large Cap Value ETF)

Putnam · Stock ETFs · U.S. large-cap value · data as of Oct 28, 2026

PVAL returned +26.6% over the year to Oct 28, 2026, charges 0.55% a year and holds $14.1bn in net assets on Aug 31, 2026.

Promise check: Not measured. It names no index it tracks. https://etfiq.com/promise-index/stocks/

PVAL is actively managed and returned +26.6% over the past year.

## Key facts

- PVAL, total return, 1 year: +26.6%, as of Oct 28, 2026.
- PVAL, expense ratio: 0.55%, as of Dec 23, 2025.
- PVAL, holdings: 44, as of Aug 31, 2026.
- PVAL, below its high: −0.3%, as of Oct 28, 2026.
- PVAL, 12-month yield, capital gains included, on its starting price: 1.1%, as of Oct 28, 2026.
- PVAL, last payment (paid quarterly), ex-date Oct 6, 2026: $0.0957, as of Oct 6, 2026.
- PVAL, net assets: $14.1bn (SEC filing, whole fund, as filed for Aug 31, 2026).

## PVAL over each window to Oct 28, 2026

| Window | Total return | Benchmark (IWD) | Gap to IWD | S&P 500 (SPY) |
| --- | --- | --- | --- | --- |
| 1 month | +2.4% | +3.5% | −1.1 pts | +0.9% |
| 3 months | +3.7% | +4.1% | −0.4 pts | +6.1% |
| 6 months | +12.4% | +14.7% | −2.3 pts | +9.1% |
| Year to date | +20.0% | +24.3% | −4.3 pts | +14.1% |
| 1 year | +26.6% | +27.5% | −0.9 pts | +13.6% |
| 3 years | +103.5% | +89.9% | +13.6 pts | +95.0% |
| 5 years | +110.2% | +72.9% | +37.3 pts | +79.8% |
| Since launch | +128.5% | +79.3% | +49.2 pts | +98.4% |
| Since launch, annualised | +16.4% | – | – | – |

## PVAL key stats

- 52-week high, daily closes to Oct 28, 2026: $54.58 on Aug 14, 2026 (computed by ETFIQ from Tiingo daily prices)
- 52-week low, daily closes to Oct 28, 2026: $42.82 on Nov 20, 2025 (computed by ETFIQ from Tiingo daily prices)
- Close on Oct 28, 2026, within that range: $54.31, 98% of the way from the low to the high (computed by ETFIQ from Tiingo daily prices)
- Beta to its benchmark, 1 year: 0.91, against IWD (computed by ETFIQ from Tiingo daily prices)
- R-squared, the same days: 0.85 (computed by ETFIQ from Tiingo daily prices)
- Beta and R-squared measured over: 251 daily total returns, Oct 29, 2025 to Oct 28, 2026 (computed by ETFIQ from Tiingo daily prices)
- Holdings: 44
- Top ten weight: 42.8%

## PVAL trading

- Not scored.
- The full trading page: https://etfiq.com/funds/pval/trading/

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| What it tracks | No index, actively managed | ETFIQ |
| Fund type | Equity fund | ETFIQ |
| Category | Stocks · U.S. large-cap value | ETFIQ |
| Expense ratio | 0.55% | 485BPOS XBRL, Dec 23, 2025 |
| Price | $54.31 | ETFIQ |
| First traded | May 26, 2021 | ETFIQ |
| Net assets | $14.1bn | SEC filing, whole fund, as filed for Aug 31, 2026 |
| Benchmark | Russell 1000 Value Index, measured by IWD, which tracks the same index | ETFIQ, from its filings |
| Benchmark named in | its shareholder report, N-CSR, Oct 28, 2026 | ETFIQ |
| PVAL, 1 year to Oct 28, 2026 | +26.6% | ETFIQ |
| IWD, the same days | +27.5% | ETFIQ |
| Against its benchmark, 1 year | −0.9 pts | ETFIQ |
| Below its high | −0.3% | ETFIQ |
| Holdings | 44 | ETFIQ |
| Top ten weight | 42.8% | ETFIQ |
| Holdings as of | Aug 31, 2026 | SEC N-PORT |
| Already in the S&P 500, by weight | 91.4% | ETFIQ |
| Active share vs the S&P 500 | 75.3% | ETFIQ |
| Already in the Nasdaq-100, by weight | 33.5% | ETFIQ |

## Money in and out, to May 31, 2026

Monthly data only. May 2026: +$755m, from SEC Form N-PORT.

Computed by ETFIQ from the change in shares outstanding times the previous day’s NAV. Every day and month: <https://etfiq.com/data/flows/funds/pval.json>. Method: https://etfiq.com/methodology/flows

## Questions

### How has PVAL performed?

Over the year to Oct 28, 2026, PVAL returned +26.6% with distributions reinvested, against +27.5% for its benchmark, the Russell 1000 Value Index. Over three years the number is +103.5%.

### What does PVAL cost?

The prospectus expense ratio is 0.55% a year.

### What does PVAL hold?

44 positions as filed for Aug 31, 2026, with the top ten at 42.8% of the fund. 91% of its weight is in stocks the S&P 500 also holds.

### How far is PVAL below its high?

0.3% below its high of Aug 14, 2026, measured on the reinvested series to Oct 28, 2026.


## Cite this page

ETFIQ, PVAL, stock fund, data as of Oct 28, 2026. https://etfiq.com/funds/pval
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at <https://etfiq.com/data/>.

HTML: https://etfiq.com/funds/pval  ·  JSON: https://etfiq.com/funds/pval.json