Putnam VT Equity Income Fund
Data updated: 2026-08-27
C000010884 — Putnam VT Equity Income Fund. United States Large Cap Value Equity · $2.73B AUM. Holdings, fees, performance and SEC filings.
C000010884 Fund Overview
Putnam VT Equity Income Fund is a US mutual fund managed by Putnam Variable Trust, categorised as United States Large Cap Value 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 Large Cap Value Equity
- Assets under management: $2.73B
- 1-year return: 24.2%
- SEC CIK: 0000822671
- SEC series ID: S000003894
- Share class ID: C000010884
C000010884 Investment Objective and Strategy
Putnam VT Equity Income 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 growth and current income.
Principal investment strategy
The fund invests mainly in common stocks of U.S. companies, with a focus on value stocks that offer the potential for capital growth, current income, or both. Under normal circumstances, the fund invests at least 80% of its net assets in large-cap companies, which, for purposes of this policy, are of a size similar to those in the Russell 1000 Value 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 $907.1 million to $3.5 trillion. The fund may also invest in midsize companies. Value stocks are issued by companies that the Investment Manager believes are currently undervalued by the market. If the Investment Manager is correct and other investors ultimately recognize the value of the company, the price of its stock may rise.
The Investment Manager 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.
C000010884 Holdings
Top 10 holdings of Putnam VT Equity Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Apple, Inc. | 6.30% |
| Microsoft Corp. | 5.66% |
| Citigroup, Inc. | 3.88% |
| Amazon.com, Inc. | 3.82% |
| Cisco Systems, Inc. | 2.81% |
| AbbVie, Inc. | 2.60% |
| Exxon Mobil Corp. | 2.50% |
| Coca-Cola Co. (The) | 2.34% |
| Philip Morris International, Inc. | 2.31% |
| Advanced Micro Devices, Inc. | 2.16% |
C000010884 Portfolio Allocation
Asset-class allocation of Putnam VT Equity Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.0% |
| Other | 1.7% |
| Cash & Equivalents | 0.2% |
| Derivatives | 0.1% |
C000010884 Performance
Total returns for C000010884 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 10.6% |
| 1 year | 24.2% |
| 3 years (annualised) | 19.6% |
| 5 years (annualised) | 13.8% |
C000010884 Risk Information
Risk metrics for C000010884, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.3%
C000010884 Costs and Fees
C000010884 costs about $79 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.79%
- Gross expense ratio: 0.79%
- Portfolio turnover: 21%
- Brokerage commissions: 1.83 bps of average net assets (SEC N-CEN)
C000010884 Cashflows
Over the 12 months to 2026-06, Putnam VT Equity Income Fund had net inflows of $194.97M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $4.73M |
| 2026-05 | $5.99M |
| 2026-04 | −$3.32M |
| 2026-03 | $192.76M |
| 2026-02 | $7.80M |
| 2026-01 | −$14.26M |
C000010884 Debt Constituents
Largest debt holdings of Putnam VT Equity Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States of America | 0.01% |
C000010884 Prospectus and SEC Filings
Official Putnam VT Equity Income 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 Large Cap Value 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.