PUGCX Performance — Putnam Focused International Equity Fund, CL C
Data updated: 2026-09-25
PUGCX returned +12.37% year to date and +28.33% over one year to Jul 2026. Annualised returns are +17.06% over 3 years and +8.39% over 5 years. The fund beat its International Large Blend category average: $100 invested three years ago grew to $160, against $158 for the category, and to $128 over one year, against $126. Volatility over the past three years was 13.32% a year. In the 12 months to Jul 2026 the fund took in a net $32.9M, and assets reached $1.03B.
PUGCX Growth of $100
What $100 invested in Putnam Focused International Equity Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Large Blend category average over the same months.
| Period | PUGCX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $128 | $126 |
| 3 years (Aug 2023 – Jul 2026) | $160 | $158 |
| 5 years (Aug 2021 – Jul 2026) | $150 | $156 |
| Since data start (Aug 2019 – Jul 2026) | $191 | $210 |
PUGCX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +12.37% |
| 1 year | +28.33% |
| 3 years (annualised) | +17.06% |
| 5 years (annualised) | +8.39% |
PUGCX Annual Returns
Calendar-year total returns of Putnam Focused International Equity Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +12.37% |
| 2025 | +31.35% |
| 2024 | +15.22% |
| 2023 | +14.78% |
| 2022 | −25.78% |
| 2021 | +23.77% |
| 2020 | +3.91% |
| 2019 (Aug–Dec) | +2.63% |
PUGCX 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 | +4.9% | +3.2% | −8.9% | +7.5% | +5.4% | +2.5% | −1.9% | — | — | — | — | — |
| 2025 | +0.1% | +2.6% | −0.2% | +5.5% | +4.9% | +5.1% | −3.5% | +2.7% | +5.6% | +2.5% | +0.9% | +1.8% |
| 2024 | +9.1% | −1.3% | +2.6% | +0.2% | +1.3% | −0.4% | +2.7% | −5.9% | +1.2% | +3.6% | +2.9% | −1.3% |
| 2023 | +17.2% | +1.0% | +4.3% | −4.8% | +3.3% | +2.2% | −1.8% | −3.9% | −3.4% | −3.6% | 0.0% | +5.5% |
| 2022 | −5.8% | −7.3% | +1.3% | −4.2% | +4.2% | −9.0% | +1.4% | +3.3% | −12.5% | −5.6% | +10.6% | −3.5% |
| 2021 | +9.3% | +3.2% | +2.2% | +3.3% | −0.8% | +0.3% | +1.2% | +3.5% | −2.6% | +1.3% | −2.7% | +3.9% |
| 2020 | +2.5% | +13.2% | −17.3% | −7.4% | +5.4% | +2.4% | +5.8% | −3.4% | −2.9% | +4.8% | −0.4% | +4.6% |
| 2019 | — | — | — | — | — | — | — | +1.7% | +2.0% | −2.0% | −1.7% | +2.8% |
PUGCX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 13.32%
- 3-year Sharpe ratio: 0.94 (vs 4.5% risk-free rate)
- Best month: +9.10% (Jan 2024)
- Worst month: −8.88% (Mar 2026)
PUGCX Fund Flows
Monthly money in and out of Putnam Focused International Equity Fund, from SEC Form N-PORT.
- 12-month net flow: $32.9M
- 12-month gross sales (incl. reinvestments): $149.5M
- Sales ÷ redemptions: 1.28×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $6.6M | $9.8M | −$3.2M |
| Jun 2026 | $3.7M | $7.8M | −$4.1M |
| May 2026 | $3.4M | $14.6M | −$11.2M |
| Apr 2026 | $4.5M | $8.4M | −$3.9M |
| Mar 2026 | $38.8M | $9.9M | $29.0M |
| Feb 2026 | $8.1M | $11.2M | −$3.0M |
| Jan 2026 | $7.2M | $8.9M | −$1.7M |
| Dec 2025 | $62.2M | $14.3M | $47.9M |
| Nov 2025 | $5.2M | $7.5M | −$2.3M |
| Oct 2025 | $3.9M | $9.3M | −$5.4M |
| Sep 2025 | $2.3M | $6.7M | −$4.4M |
| Aug 2025 | $3.4M | $8.2M | −$4.8M |
PUGCX Assets Under Management
Net assets of Putnam Focused International Equity Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $1.03B |
| 2026-04-30 | $989.06M |
| 2026-01-31 | $954.10M |
| 2025-10-31 | $899.46M |
| 2025-07-31 | $820.98M |
| 2025-04-30 | $780.48M |
| 2025-01-31 | $738.28M |
| 2024-10-31 | $761.95M |
| 2024-07-31 | $789.92M |
| 2024-04-30 | $781.00M |
| 2024-01-31 | $791.95M |
| 2023-10-31 | $705.31M |
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.