C000010861 Performance — Putnam VT Small Cap Growth Fund, Class Ia
Data updated: 2026-08-27
C000010861 returned +28.16% year to date and +37.09% over one year to Jun 2026. Annualised returns are +22.49% over 3 years and +10.40% over 5 years. The fund beat its US Mid-Cap Growth category average: $100 invested three years ago grew to $184, against $152 for the category, and to $137 over one year, against $118. Volatility over the past three years was 20.21% a year. In the 12 months to Jun 2026 the fund took in a net $5.9M, and assets reached $52.12M.
C000010861 Growth of $100
What $100 invested in Putnam VT Small Cap Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Growth category average over the same months.
| Period | C000010861 | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $137 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $184 | $152 |
| 5 years (Jul 2021 – Jun 2026) | $164 | $129 |
| Since data start (Jul 2019 – Jun 2026) | $274 | $203 |
C000010861 Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +28.16% |
| 1 year | +37.09% |
| 3 years (annualised) | +22.49% |
| 5 years (annualised) | +10.40% |
C000010861 Annual Returns
Calendar-year total returns of Putnam VT Small Cap Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +28.16% |
| 2025 | +9.07% |
| 2024 | +23.67% |
| 2023 | +23.46% |
| 2022 | −28.12% |
| 2021 | +14.19% |
| 2020 | +48.70% |
| 2019 (Jul–Dec) | +5.26% |
C000010861 Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.8% | +2.0% | −6.5% | +15.1% | +2.9% | +8.4% | — | — | — | — | — | — |
| 2025 | −6.3% | −7.4% | +3.3% | +3.0% | +5.8% | +4.4% | +2.2% | +3.2% | +3.7% | +1.5% | −1.4% | −2.3% |
| 2024 | +3.0% | +12.5% | +0.2% | +2.3% | +4.6% | −7.3% | +1.8% | +0.9% | +7.3% | −9.1% | +9.1% | −1.8% |
| 2023 | −0.9% | +0.9% | +7.2% | +9.1% | −0.8% | +0.2% | −6.2% | −1.3% | +3.1% | +8.6% | +9.9% | −6.7% |
| 2022 | −1.1% | −0.1% | −14.8% | −6.9% | −0.9% | −11.3% | −7.9% | −2.4% | +11.4% | −6.4% | +1.0% | +9.8% |
| 2021 | −3.0% | +4.4% | +2.0% | +3.8% | −4.8% | +4.7% | −1.0% | +3.7% | +1.3% | +1.9% | −5.4% | +6.6% |
| 2020 | −15.6% | −4.8% | +2.3% | +2.2% | +11.5% | +16.4% | −0.3% | +3.9% | +7.2% | +8.2% | +11.8% | +1.6% |
| 2019 | — | — | — | — | — | — | −4.0% | −1.1% | +2.4% | 0.0% | +6.6% | +1.5% |
C000010861 Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 20.21%
- 3-year Sharpe ratio: 0.89 (vs 4.5% risk-free rate)
- Best month: +15.05% (Apr 2026)
- Worst month: −9.14% (Oct 2024)
C000010861 Fund Flows
Monthly money in and out of Putnam VT Small Cap Growth Fund, from SEC Form N-PORT.
- 12-month net flow: $5.9M
- 12-month gross sales (incl. reinvestments): $12.7M
- Sales ÷ redemptions: 1.87×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $3.7M | $725K | $2.9M |
| May 2026 | $749K | $581K | $168K |
| Apr 2026 | $1.3M | $303K | $997K |
| Mar 2026 | $2.6M | $719K | $1.9M |
| Feb 2026 | $370K | $787K | −$418K |
| Jan 2026 | $991K | $567K | $424K |
| Dec 2025 | $261K | $550K | −$289K |
| Nov 2025 | $330K | $370K | −$40K |
| Oct 2025 | $593K | $536K | $57K |
| Sep 2025 | $1.0M | $592K | $444K |
| Aug 2025 | $472K | $482K | −$10K |
| Jul 2025 | $236K | $545K | −$309K |
C000010861 Assets Under Management
Net assets of Putnam VT Small Cap Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $52.12M |
| 2026-03-31 | $37.22M |
| 2025-12-31 | $37.62M |
| 2025-09-30 | $38.77M |
| 2025-06-30 | $35.35M |
| 2025-03-31 | $31.12M |
| 2024-12-31 | $34.65M |
| 2024-09-30 | $34.48M |
| 2024-06-30 | $31.43M |
| 2024-03-31 | $32.39M |
| 2023-12-31 | $28.50M |
| 2023-09-30 | $26.42M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.