Putnam Focused Large Cap Value ETF
Data updated: 2026-07-27
C000227196 — Putnam Focused Large Cap Value ETF. United States Large Cap Value Equity · $11.08B AUM. Holdings, fees, performance and SEC filings.
C000227196 Fund Overview
Putnam Focused Large Cap Value ETF is a US ETF managed by Putnam ETF 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 ETF
- Manager: Putnam ETF Trust
- Category: United States Large Cap Value Equity
- Assets under management: $11.08B
- 1-year return: 37.5%
- SEC CIK: 0001845809
- SEC series ID: S000071710
- Share class ID: C000227196
C000227196 Investment Objective and Strategy
Putnam Focused Large Cap Value ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Putnam ETF 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 the funds 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 (the Index). This policy may be changed only after 60 days notice to shareholders. As of October 31, 2025, the Index was composed of companies having market capitalizations of between approximately $1.1 billion to $3.4 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. The fund is an actively managed ETF that operates pursuant to an exemptive order from the Securities and Exchange Commission (Order) and does not publicly disclose its complete portfolio holdings each business day. Instead, the fund publishes each business day on its website a Tracking Basket, which is designed to closely track the daily performance of the fund but is not the funds actual portfolio. The Tracking Basket is comprised of: (1) select recently disclosed portfolio holdings and/or select securities from the universe from which the funds investments are selected (Strategy Components); (2) liquid ETFs that convey information about the types of instruments (that are not otherwise fully represented by the Strategy Components) in which the fund invests (Representative ETFs); and (3) cash and cash equivalents.
For additional information regarding the Tracking Basket, see Additional information about the fund Tracking basket structure in the prospectus. The fund also publishes each business day on its website the Tracking Basket Weight Overlap, which is the percentage weight overlap between the holdings of the prior business days Tracking Basket compared to the holdings of the fund that formed the basis for the funds calculation of net asset value per share at the end of the prior business day. The Tracking Basket Weight Overlap is designed to provide investors with an understanding of how similar the Tracking Basket is to the funds actual portfolio in percentage terms.
C000227196 Holdings
Top 10 holdings of Putnam Focused Large Cap Value ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Cisco Systems, Inc. | 6.00% |
| Citigroup, Inc. | 4.63% |
| Exxon Mobil Corp. | 3.62% |
| Alphabet, Inc. | 3.29% |
| Advanced Micro Devices, Inc. | 3.06% |
| Seagate Technology Holdings PLC | 3.05% |
| Amazon.com, Inc. | 2.93% |
| Microsoft Corp. | 2.92% |
| Freeport-Mcmoran, Inc. | 2.92% |
| Hilton Worldwide Holdings, Inc. | 2.84% |
C000227196 Portfolio Allocation
Asset-class allocation of Putnam Focused Large Cap Value ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.0% |
| Cash & Equivalents | 0.9% |
C000227196 Performance
Total returns for C000227196 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 11.4% |
| 1 year | 37.5% |
| 3 years (annualised) | 26.1% |
| 5 years (annualised) | 16.8% |
C000227196 Risk Information
Risk metrics for C000227196, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.1%
C000227196 Costs and Fees
C000227196 costs about $55 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.55%
- Gross expense ratio: 0.56%
- Portfolio turnover: 21%
- Brokerage commissions: 1.74 bps of average net assets (SEC N-CEN)
C000227196 Cashflows
Over the 12 months to 2026-05, Putnam Focused Large Cap Value ETF had net inflows of $6.41B, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | $755.34M |
| 2026-04 | $670.04M |
| 2026-03 | $428.99M |
| 2026-02 | $809.07M |
| 2026-01 | $863.80M |
| 2025-12 | $502.38M |
C000227196 Debt Constituents
No individual debt constituents are reported in Putnam Focused Large Cap Value ETF's latest SEC N-PORT filing.
C000227196 Prospectus and SEC Filings
Official Putnam Focused Large Cap Value ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-12-23
- Prospectus (485BPOS) — filed 2024-12-27
- Prospectus (485BPOS) — filed 2023-12-27
- Portfolio holdings (N-PORT) — filed 2026-07-27
- Portfolio holdings (N-PORT) — filed 2026-04-24
- Portfolio holdings (N-PORT) — filed 2026-01-27
- Annual census (N-CEN) — filed 2025-11-12
- Annual census (N-CEN) — filed 2024-11-13
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.