PSLBX Performance — Putnam Small Cap Value Fund, CL B
Data updated: 2026-07-27
PSLBX returned +19.12% over one year to Aug 2024. Annualised returns are +6.08% over 3 years and +13.10% over 5 years. The fund beat its US Small Value category average: $100 invested three years ago grew to $119, against $117 for the category, and to $119 over one year, against $118. Volatility over the past three years was 23.32% a year. In the 12 months to May 2026 the fund lost a net $2.0M, and assets reached $296.91M.
PSLBX Growth of $100
What $100 invested in Putnam Small Cap Value Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Small Value category average over the same months.
| Period | PSLBX | Category average |
|---|---|---|
| 1 year (Sep 2023 – Aug 2024) | $119 | $118 |
| 3 years (Sep 2021 – Aug 2024) | $119 | $117 |
| 5 years (Sep 2019 – Aug 2024) | $185 | $174 |
PSLBX Trailing Returns
Total returns to Aug 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +19.12% |
| 3 years (annualised) | +6.08% |
| 5 years (annualised) | +13.10% |
PSLBX Annual Returns
Calendar-year total returns of Putnam Small Cap Value Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Aug) | +18.82% |
| 2023 | +3.14% |
| 2022 | −4.89% |
| 2021 | +31.11% |
| 2020 | +23.12% |
| 2019 (Sep–Dec) | −1.62% |
PSLBX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | −3.8% | +11.4% | +5.0% | −5.6% | +4.8% | −2.0% | +10.1% | −1.1% | — | — | — | — |
| 2023 | +8.7% | −6.6% | −1.8% | −2.1% | −9.8% | −2.4% | +7.0% | +11.8% | +10.2% | −5.3% | −4.8% | +0.9% |
| 2022 | −4.6% | +5.5% | +1.8% | −7.1% | +2.2% | −2.9% | +9.2% | −11.3% | +0.6% | +14.9% | −10.6% | +0.6% |
| 2021 | +3.0% | +10.0% | +6.1% | +3.2% | +5.9% | +1.2% | −3.0% | −0.7% | −3.8% | +3.2% | +0.4% | +2.8% |
| 2020 | −4.5% | +3.8% | +5.7% | +15.2% | −30.3% | +5.4% | +1.3% | +4.2% | +19.5% | +1.8% | −4.5% | +13.2% |
| 2019 | — | — | — | — | — | — | — | — | +4.0% | +1.2% | +4.8% | −10.9% |
PSLBX Risk
Risk measures from monthly returns over Sep 2021 – Aug 2024.
- 3-year volatility (annualised): 23.32%
- 3-year Sharpe ratio: 0.07 (vs 4.5% risk-free rate)
- Best month: +14.94% (Oct 2022)
- Worst month: −11.28% (Aug 2022)
PSLBX Fund Flows
Monthly money in and out of Putnam Small Cap Value Fund, from SEC Form N-PORT.
- 12-month net flow: −$2.0M
- 12-month gross sales (incl. reinvestments): $59.9M
- Sales ÷ redemptions: 0.97×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $4.4M | $3.1M | $1.3M |
| Apr 2026 | $4.5M | $5.3M | −$776K |
| Mar 2026 | $3.5M | $4.7M | −$1.1M |
| Feb 2026 | $2.9M | $6.3M | −$3.4M |
| Jan 2026 | $2.7M | $7.1M | −$4.4M |
| Dec 2025 | $20.1M | $5.2M | $14.9M |
| Nov 2025 | $2.1M | $4.3M | −$2.3M |
| Oct 2025 | $7.4M | $6.9M | $516K |
| Sep 2025 | $3.8M | $3.9M | −$129K |
| Aug 2025 | $3.2M | $4.7M | −$1.5M |
| Jul 2025 | $1.8M | $3.1M | −$1.3M |
| Jun 2025 | $3.4M | $7.1M | −$3.8M |
PSLBX Assets Under Management
Net assets of Putnam Small Cap Value Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $296.91M |
| 2026-02-28 | $282.38M |
| 2025-11-30 | $268.91M |
| 2025-08-31 | $274.77M |
| 2025-05-31 | $251.53M |
| 2025-02-28 | $264.94M |
| 2024-11-30 | $304.16M |
| 2024-08-31 | $281.40M |
| 2024-05-31 | $269.69M |
| 2024-02-29 | $261.31M |
| 2023-11-30 | $249.82M |
| 2023-08-31 | $260.80M |
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.