C000118015 Fees and Costs — Putnam International Equity Fund, Class R5
Data updated: 2026-09-10
The net expense ratio is 0.94%: a 0.72% management fee plus 0.22% other expenses. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $641K in broker commissions, 0.0693% of average net assets, and portfolio turnover was 77%.
C000118015 Fees and Expenses
Annual operating expenses and sales charges of C000118015. Prospectus, as of June 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.72% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.22% |
| Gross expense ratio | 0.94% |
| Fee waiver | — |
| Net expense ratio | 0.94% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
C000118015 Costs Over Time
On $10,000 invested in C000118015, assuming 5% a year before costs, total costs come to $631 over 5 years, cutting the return by 1.06% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.94%) | $99 | $308 | $534 |
| Trading costs (broker commissions) | $7 | $23 | $39 |
| Lost growth on money paid in costs | $0 | $16 | $58 |
| Total costs | $106 | $347 | $631 |
| Value after costs | $10,394 | $11,229 | $12,132 |
| Impact on return, per year | 1.06% | 1.06% | 1.06% |
C000118015 Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending June 30, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0693%
- Total broker commissions: $641K
- Bought from dealers (principal trades, not a cost): $7.7M
- Portfolio turnover (prospectus): 77%
- Securities on loan, average value: $631K
- Net income from securities lending: $3K (0.000% of average net assets)
C000118015 Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $257K | 41.58% |
| UBS Securities LLC | $86K | 13.91% |
| Citigroup Global Markets Inc. | $83K | 13.44% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $74K | 11.94% |
| Goldman Sachs & Co. LLC | $68K | 10.99% |
| Jefferies LLC | $17K | 2.73% |
| BNP Paribas Securities Corp. | $12K | 1.96% |
| Daiwa Capital Markets America Inc. | $8K | 1.27% |
| Morgan Stanley & Co. LLC | $7K | 1.17% |
| REDBURN (USA) LLC | $6K | 1.00% |
C000118015 Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNP Paribas Securities Corp. | $2.3M | 29.60% |
| Nomura Securities International, Inc. | $2.2M | 28.47% |
| J.P. Morgan Securities LLC | $987K | 12.89% |
| Barclays Capital, Inc. | $693K | 9.05% |
| BofA Securities, Inc. | $594K | 7.76% |
| Bank of Montreal | $394K | 5.15% |
| Mizuho Securities USA LLC | $394K | 5.15% |
| Wells Fargo Securities, LLC | $148K | 1.94% |
Putnam International Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| POVYX | Class Y | 0.77% | none |
| C000118016 | Class R6 | 0.77% | none |
| C000118015 | Class R5 | 0.94% | none |
| POVSX | Class A | 1.19% | 5.75% |
| PIERX | Class R | 1.44% | none |
| PIGCX | Class C | 1.94% | none |
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.