PGNBX — Putnam International Value Fund
Data updated: 2026-08-27
PGNBX — Putnam International Value Fund. Europe Mid Cap Value Energy Equity · $1.21B AUM · 1.86% expense ratio. Holdings, fees, performance and SEC filings.
PGNBX Fund Overview
PGNBX — Putnam International Value Fund is a US mutual fund managed by Putnam Funds Trust, categorised as Europe Mid Cap Value Energy 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 Funds Trust
- Category: Europe Mid Cap Value Energy Equity
- Assets under management: $1.21B
- 1-year return: 25.1%
- Ticker: PGNBX
- SEC CIK: 0001005942
- SEC series ID: S000000775
- Share class ID: C000002292
PGNBX Investment Objective and Strategy
Putnam International Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Putnam Funds Trust.
Investment objective
Putnam International Value Fund seeks capital growth.
Principal investment strategy
We invest mainly in common stocks of large and midsize companies outside the United States, with a focus on value stocks. Value stocks are those 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 invest mainly in developed countries, but may invest in emerging markets. 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. We may also use derivatives, such as futures, options, certain foreign currency transactions, warrants and swap contracts, for both hedging and non-hedging purposes.
PGNBX Holdings
Top 10 holdings of Putnam International Value Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Shell plc | 4.52% |
| HSBC Holdings plc | 4.01% |
| ING Groep NV | 3.73% |
| Mitsubishi UFJ Financial Group, Inc. | 3.62% |
| Barclays plc | 3.32% |
| BNP Paribas SA | 3.11% |
| Sumitomo Mitsui Financial Group, Inc. | 2.52% |
| Axa SA | 2.33% |
| CaixaBank SA | 2.32% |
| Cenovus Energy, Inc. | 2.28% |
PGNBX Portfolio Allocation
Asset-class allocation of Putnam International Value Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 95.9% |
| Other | 2.0% |
| Cash & Equivalents | 0.5% |
| Fixed Income | 0.1% |
PGNBX Performance
Total returns for PGNBX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 25.1% |
| 3 years (annualised) | 7.3% |
| 5 years (annualised) | 8.8% |
PGNBX Risk Information
Risk metrics for PGNBX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.0%
PGNBX Costs and Fees
PGNBX costs about $186 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.86%
- Gross expense ratio: 2.09%
- Portfolio turnover: 26%
- Brokerage commissions: 12.50 bps of average net assets (SEC N-CEN)
PGNBX Cashflows
Over the 12 months to 2026-06, Putnam International Value Fund had net inflows of $297.21M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $6.46M |
| 2026-05 | $3.87M |
| 2026-04 | $26.72M |
| 2026-03 | −$11.39M |
| 2026-02 | $9.90M |
| 2026-01 | $5.24M |
PGNBX Debt Constituents
Largest debt holdings of Putnam International Value Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States of America | 0.07% |
PGNBX Prospectus and SEC Filings
Official Putnam International Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-10-27
- Prospectus (485BPOS) — filed 2024-10-25
- Prospectus (485BPOS) — filed 2023-10-26
- 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 2025-09-10
- Annual census (N-CEN) — filed 2024-08-21
Related Funds
Related 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.