PNGAX Performance — Putnam International Value Fund, CL A
Data updated: 2026-09-10
PNGAX returned +8.81% year to date and +19.75% over one year to Jun 2026. Annualised returns are +17.84% over 3 years and +11.72% over 5 years. Against its International Mid-Cap Value category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $164, against $158 for the category, and to $120 over one year, against $120. Volatility over the past three years was 12.31% a year. In the 12 months to Jun 2026 the fund took in a net $297.2M, and assets reached $1.21B.
PNGAX Growth of $100
What $100 invested in Putnam International Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Mid-Cap Value category average over the same months.
| Period | PNGAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $120 | $120 |
| 3 years (Jul 2023 – Jun 2026) | $164 | $158 |
| 5 years (Jul 2021 – Jun 2026) | $174 | $152 |
| Since data start (Jul 2019 – Jun 2026) | $221 | $196 |
PNGAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +8.81% |
| 1 year | +19.75% |
| 3 years (annualised) | +17.84% |
| 5 years (annualised) | +11.72% |
PNGAX Annual Returns
Calendar-year total returns of Putnam International Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +8.81% |
| 2025 | +34.66% |
| 2024 | +5.81% |
| 2023 | +18.46% |
| 2022 | −6.84% |
| 2021 | +14.20% |
| 2020 | +4.18% |
| 2019 (Jul–Dec) | +8.32% |
PNGAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.5% | +4.4% | −6.9% | +5.5% | +0.9% | −0.3% | — | — | — | — | — | — |
| 2025 | +4.5% | +4.0% | +2.5% | +2.4% | +4.8% | +2.3% | −0.4% | +4.4% | +2.4% | −1.6% | +1.8% | +3.2% |
| 2024 | +5.0% | +0.9% | −1.1% | −3.8% | +5.8% | −1.6% | +0.3% | +2.2% | +5.5% | −3.4% | +0.4% | −3.8% |
| 2023 | +0.2% | −1.2% | +8.5% | +5.7% | −4.1% | +3.1% | −2.0% | −3.3% | +3.7% | +4.2% | +8.1% | −4.6% |
| 2022 | −0.8% | −3.1% | +0.9% | −10.2% | +4.2% | −6.0% | −8.7% | −4.2% | +2.5% | +0.3% | +13.6% | +6.7% |
| 2021 | +3.7% | +5.5% | −1.0% | −4.0% | +4.8% | +3.0% | −1.5% | +1.9% | 0.0% | +5.4% | −5.7% | +1.9% |
| 2020 | −16.4% | −7.8% | −3.3% | +3.3% | +5.0% | +5.1% | −4.4% | +5.1% | +1.3% | +5.4% | +19.6% | −4.2% |
| 2019 | — | — | — | — | — | — | +4.1% | −2.5% | −2.0% | +3.5% | +1.2% | +4.0% |
PNGAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 12.31%
- 3-year Sharpe ratio: 1.08 (vs 4.5% risk-free rate)
- Best month: +8.06% (Nov 2023)
- Worst month: −6.89% (Mar 2026)
PNGAX Fund Flows
Monthly money in and out of Putnam International Value Fund, from SEC Form N-PORT.
- 12-month net flow: $297.2M
- 12-month gross sales (incl. reinvestments): $611.1M
- Sales ÷ redemptions: 1.95×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $49.8M | $43.3M | $6.5M |
| May 2026 | $31.5M | $27.6M | $3.9M |
| Apr 2026 | $57.8M | $31.1M | $26.7M |
| Mar 2026 | $31.4M | $42.8M | −$11.4M |
| Feb 2026 | $41.4M | $31.5M | $9.9M |
| Jan 2026 | $40.1M | $34.9M | $5.2M |
| Dec 2025 | $68.4M | $18.1M | $50.3M |
| Nov 2025 | $42.6M | $25.7M | $16.9M |
| Oct 2025 | $79.2M | $18.4M | $60.8M |
| Sep 2025 | $27.0M | $10.3M | $16.7M |
| Aug 2025 | $80.1M | $15.2M | $64.9M |
| Jul 2025 | $61.7M | $14.9M | $46.8M |
PNGAX Assets Under Management
Net assets of Putnam International Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.21B |
| 2026-03-31 | $1.11B |
| 2025-12-31 | $1.07B |
| 2025-09-30 | $941.07M |
| 2025-06-30 | $757.47M |
| 2025-03-31 | $594.47M |
| 2024-12-31 | $461.58M |
| 2024-09-30 | $490.07M |
| 2024-06-30 | $441.33M |
| 2024-03-31 | $440.85M |
| 2023-12-31 | $399.68M |
| 2023-09-30 | $359.25M |
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.