Putnam Equity Income Fund
Data updated: 2026-09-25
C000118172 — Putnam Equity Income Fund. United States Large Cap Value Equity · $55.39B AUM · 0.52% expense ratio. Holdings, fees, performance and SEC filings.
C000118172 Fund Overview
Putnam Equity Income Fund is a US mutual fund managed by Putnam Large Cap Value Fund, 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 Large Cap Value Fund
- Category: United States Large Cap Value Equity
- Assets under management: $55.39B
- 1-year return: 29.5%
- SEC CIK: 0000216934
- SEC series ID: S000005581
- Share class ID: C000118172
C000118172 Investment Objective and Strategy
Putnam Equity Income Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Putnam Large Cap Value Fund.
Investment objective
Putnam Equity Income Fund seeks capital growth and current income.
Principal investment strategy
We invest mainly in common stocks of midsize and large U.S. companies, with a focus on value stocks that offer the potential for capital growth, current income, or both. Under normal circumstances, we invest at least 80% of the fund’s net assets in common stocks and other equity investments that offer the potential for current income. This policy may be changed only after 60 days’ notice to shareholders. Value stocks are issued by companies that we believe are currently undervalued by the market. If we are correct and other investors ultimately recognize the value of the company, the price of its stock may rise. We may consider, among other factors, a company’s 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.
C000118172 Holdings
Top 10 holdings of Putnam Equity Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Microsoft Corp. | 6.74% |
| Apple, Inc. | 6.44% |
| Amazon.com, Inc. | 4.17% |
| Citigroup, Inc. | 3.33% |
| ExxonMobil Holdings Corp. | 2.74% |
| Cisco Systems, Inc. | 2.65% |
| AbbVie, Inc. | 2.48% |
| Coca-Cola Co. (The) | 2.38% |
| Philip Morris International, Inc. | 2.35% |
| Bank of America Corp. | 2.08% |
C000118172 Portfolio Allocation
Asset-class allocation of Putnam Equity Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.0% |
| Cash & Equivalents | 1.6% |
| Other | 0.4% |
C000118172 Performance
Total returns for C000118172 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 6.8% |
| 1 year | 29.5% |
| 3 years (annualised) | 19.9% |
| 5 years (annualised) | 13.6% |
C000118172 Risk Information
Risk metrics for C000118172, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.7%
C000118172 Costs and Fees
C000118172 costs about $52 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.52%
- Gross expense ratio: 0.52%
- Portfolio turnover: 18%
- Brokerage commissions: 2.19 bps of average net assets (SEC N-CEN)
C000118172 Cashflows
Over the 12 months to 2026-04, Putnam Equity Income Fund had net inflows of $6.11B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $43.61M |
| 2026-03 | $395.00M |
| 2026-02 | $1.06B |
| 2026-01 | $595.50M |
| 2025-12 | $2.08B |
| 2025-11 | $50.20M |
C000118172 Debt Constituents
Largest debt holdings of Putnam Equity Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States of America | 0.00% |
C000118172 Prospectus and SEC Filings
Official Putnam Equity Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-02-24
- Prospectus (485BPOS) — filed 2025-02-26
- Prospectus (485BPOS) — filed 2024-02-26
- Portfolio holdings (N-PORT) — filed 2026-09-25
- Portfolio holdings (N-PORT) — filed 2026-06-24
- Portfolio holdings (N-PORT) — filed 2026-03-27
- Annual census (N-CEN) — filed 2026-01-12
- Annual census (N-CEN) — filed 2025-01-13
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.