Putnam VT Small Cap Growth Fund
Data updated: 2026-08-27
C000010861 — Putnam VT Small Cap Growth Fund. United States Mid Cap Growth Equity · $52.12M AUM. Holdings, fees, performance and SEC filings.
C000010861 Fund Overview
Putnam VT Small Cap Growth Fund is a US mutual fund managed by Putnam Variable Trust, categorised as United States Mid Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Putnam Variable Trust
- Category: United States Mid Cap Growth Equity
- Assets under management: $52.12M
- 1-year return: 37.1%
- SEC CIK: 0000822671
- SEC series ID: S000003883
- Share class ID: C000010861
C000010861 Investment Objective and Strategy
Putnam VT Small Cap Growth Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Putnam Variable Trust.
Investment objective
The fund seeks capital appreciation.
Principal investment strategy
The fund invests mainly in common stocks of small U.S. companies, with a focus on growth stocks. Growth stocks are stocks of companies whose earnings are expected to grow faster than those of similar firms, and whose business growth and other characteristics may lead to an increase in stock price. Under normal circumstances, the fund invests at least 80% of the funds net assets in companies of a size similar to those in the Russell 2000 Growth Index. This policy may be changed only after 60 days notice to shareholders. As of March 31, 2026, the index was composed of companies having market capitalizations of between approximately $4.4 million and $38.3 billion. The Investment Manager, as defined below, may consider, among other factors, a companys 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.
C000010861 Holdings
Top 10 holdings of Putnam VT Small Cap Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Putnam Cash Collateral Pool LLC | 4.10% |
| Putnam Short Term Investment Fund | 3.45% |
| DigitalOcean Holdings, Inc. | 2.40% |
| RBC Bearings, Inc. | 2.32% |
| Nova Ltd. | 2.31% |
| Advanced Energy Industries, Inc. | 2.02% |
| iShares Russell 2000 Growth ETF | 1.98% |
| BrightSpring Health Services, Inc. | 1.95% |
| Enova International, Inc. | 1.93% |
| IES Holdings, Inc. | 1.65% |
C000010861 Portfolio Allocation
Asset-class allocation of Putnam VT Small Cap Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 94.4% |
| Other | 5.8% |
| Cash & Equivalents | 4.1% |
C000010861 Performance
Total returns for C000010861 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 28.2% |
| 1 year | 37.1% |
| 3 years (annualised) | 22.5% |
| 5 years (annualised) | 10.4% |
C000010861 Risk Information
Risk metrics for C000010861, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 18.7%
C000010861 Costs and Fees
C000010861 costs about $87 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.87%
- Gross expense ratio: 0.92%
- Portfolio turnover: 62%
- Brokerage commissions: 11.33 bps of average net assets (SEC N-CEN)
C000010861 Cashflows
Over the 12 months to 2026-06, Putnam VT Small Cap Growth Fund had net inflows of $5.90M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $2.94M |
| 2026-05 | $167.99K |
| 2026-04 | $996.54K |
| 2026-03 | $1.93M |
| 2026-02 | −$417.72K |
| 2026-01 | $424.05K |
C000010861 Debt Constituents
No individual debt constituents are reported in Putnam VT Small Cap Growth Fund's latest SEC N-PORT filing.
C000010861 Prospectus and SEC Filings
Official Putnam VT Small Cap Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-20
- Prospectus (485BPOS) — filed 2025-04-28
- Prospectus (485BPOS) — filed 2024-04-29
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-27
- Portfolio holdings (N-PORT) — filed 2026-02-25
- Annual census (N-CEN) — filed 2026-03-13
- Annual census (N-CEN) — filed 2025-03-12
Related Funds
Other United States Mid Cap Growth Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.