Putnam Focused Large Etf Profile
PGRO Etf | USD 37.82 0.31 0.81% |
Performance10 of 100
| Odds Of DistressLess than 9
|
Putnam Focused is selling at 37.82 as of the 28th of November 2024; that is 0.81 percent decrease since the beginning of the trading day. The etf's open price was 38.13. Putnam Focused has less than a 9 % chance of experiencing financial distress in the next few years and had a ok performance during the last 90 days. Equity ratings for Putnam Focused Large are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund invests mainly in common stocks of large U.S. companies, with a focus on growth stocks. Putnam Focused is traded on NYSEARCA Exchange in the United States. More on Putnam Focused Large
Moving together with Putnam Etf
Putnam Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Size And Style ETFs, Large Cap ETFs, Large Growth, Putnam (View all Sectors) |
Issuer | Putnam Investments |
Inception Date | 2021-05-25 |
Entity Type | Regulated Investment Company |
Asset Under Management | 67.66 Million |
Asset Type | Equity |
Category | Size and Style |
Focus | Large Cap |
Market Concentration | Developed Markets |
Region | North America |
Administrator | Putnam Investment Management LLC |
Advisor | Putnam Investment Management, LLC |
Custodian | State Street Bank and Trust Company |
Distributor | Foreside Fund Services, LLC |
Portfolio Manager | Richard Bodzy, Gregory McCullough |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 31-Aug |
Exchange | NYSE Arca, Inc. |
Market Maker | RBC Capital Markets |
Total Expense | 0.56 |
Management Fee | 0.55 |
Country Name | USA |
Returns Y T D | 31.62 |
Name | Putnam Focused Large Cap Growth ETF |
Currency Code | USD |
Open Figi | BBG0115QJ958 |
In Threey Volatility | 21.1 |
1y Volatility | 16.04 |
200 Day M A | 34.2809 |
50 Day M A | 36.7122 |
Code | PGRO |
Updated At | 27th of November 2024 |
Currency Name | US Dollar |
In Threey Sharp Ratio | 0.27 |
Type | ETF |
Putnam Focused Large [PGRO] is traded in USA and was established 2021-05-25. The fund is listed under Large Growth category and is part of Putnam family. The entity is thematically classified as Size And Style ETFs. Putnam Focused Large at this time have 9 M in assets. , while the total return for the last 3 years was 9.8%.
Check Putnam Focused Probability Of Bankruptcy
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Putnam Etf. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Putnam Etf, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Putnam Focused Large Etf, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Putnam Focused Large Etf Constituents
AAPL | Apple Inc | Stock | Information Technology | |
ADBE | Adobe Systems Incorporated | Stock | Information Technology | |
AMZN | Amazon Inc | Stock | Consumer Discretionary | |
GOOGL | Alphabet Inc Class A | Stock | Communication Services | |
MA | Mastercard | Stock | Financials | |
MSFT | Microsoft | Stock | Information Technology | |
NKE | Nike Inc | Stock | Consumer Discretionary | |
NVDA | NVIDIA | Stock | Information Technology |
Putnam Focused Large Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Putnam Focused. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.1002 | |||
Jensen Alpha | 0.0233 | |||
Total Risk Alpha | (0.04) | |||
Sortino Ratio | 0.0062 |
Putnam Focused Against Markets
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam Focused Large. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Sync Your Broker module to sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors..
The market value of Putnam Focused Large is measured differently than its book value, which is the value of Putnam that is recorded on the company's balance sheet. Investors also form their own opinion of Putnam Focused's value that differs from its market value or its book value, called intrinsic value, which is Putnam Focused's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Putnam Focused's market value can be influenced by many factors that don't directly affect Putnam Focused's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Putnam Focused's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Focused is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Focused's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.