- ISIN
- US7467721020
- CUSIP
- 746772102
- Issuer
- Putnam
- Inception Date
- Jul 1, 1994
- Category
- Foreign Large Cap Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
Share Price Chart
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Performance
PEQUX Performance Chart
Putnam Focused International Equity Fund (PEQUX) is up 14.5% since the beginning of the year. PEQUX is currently trading at $21 per share. Investors who bought $1,000 worth of PEQUX shares 5 years ago would now be looking at an investment worth $1,589.
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Returns By Period
Putnam Focused International Equity Fund (PEQUX) has returned 14.47% so far this year and 31.10% over the past 12 months. Over the last ten years, PEQUX has returned 10.83% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Putnam Focused International Equity Fund
- 1D
- 1.78%
- 1M
- 3.36%
- YTD
- 14.47%
- 6M
- 16.10%
- 1Y
- 31.10%
- 3Y*
- 19.16%
- 5Y*
- 9.70%
- 10Y*
- 10.83%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
PEQUX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 1986, PEQUX's average daily return is +0.03%, while the average monthly return is +0.59%. At this rate, an investment would double in approximately 9.8 years.
Historically, 63% of months were positive and 37% were negative. The best month was Dec 1997 with a return of +39.3%, while the worst month was Oct 1989 at -76.1%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 6 months.
On a daily basis, PEQUX closed higher 52% of trading days. The best single day was Dec 24, 1997 with a return of +36.9%, while the worst single day was Oct 30, 1989 at -75.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.97% | 3.24% | -8.77% | 7.54% | 5.43% | 2.12% | 14.47% | ||||||
| 2025 | 2.95% | 2.67% | -0.13% | 5.59% | 4.99% | 5.16% | -3.51% | 2.83% | 5.62% | 2.61% | 0.93% | 1.93% | 36.14% |
| 2024 | 0.14% | 0.21% | 2.73% | -1.26% | 2.76% | -0.26% | 1.38% | 3.63% | 1.31% | -5.80% | 0.13% | -1.11% | 3.56% |
| 2023 | 10.65% | -4.81% | 4.37% | 1.10% | -1.74% | 2.29% | 3.25% | -3.57% | -3.41% | -3.76% | 9.13% | 5.51% | 19.05% |
| 2022 | -2.57% | -4.16% | 1.38% | -7.26% | 1.39% | -8.95% | 4.28% | -5.55% | -12.48% | 3.50% | 17.16% | -3.39% | -18.17% |
| 2021 | -0.42% | 3.37% | 2.29% | 3.33% | 1.20% | 0.33% | -0.66% | 1.34% | -2.50% | 3.58% | -5.75% | 4.35% | 10.46% |
Benchmark Metrics
Putnam Focused International Equity Fund has an annualized alpha of -1.30%, beta of 0.80, and R2 of 0.41 versus S&P 500 Index. Calculated based on daily prices since January 02, 1986.
- This fund participated in 110.56% of S&P 500 Index downside but only 85.62% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.41 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- -1.30%
- Beta
- 0.80
- R²
- 0.41
- Upside Capture
- 85.62%
- Downside Capture
- 110.56%
Expense Ratio
PEQUX has a high expense ratio of 1.07%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
PEQUX ranks 49 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Putnam Focused International Equity Fund (PEQUX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PEQUX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -0.14 | ||
| Sortino ratioReturn per unit of downside risk | -0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.37 | -0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.56 | 2.78 | -0.23 |
| Martin ratioReturn relative to average drawdown | 10.66 | 12.44 | -1.78 |
Dividends
Dividend History
Putnam Focused International Equity Fund provided a 6.08% dividend yield over the last twelve months, with an annual payout of $1.29 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.29 | $1.29 | $0.55 | $0.15 | $0.35 | $5.36 | $0.10 | $0.01 | $0.00 | $0.06 | $0.20 | $0.07 |
Dividend yield | 6.08% | 6.96% | 3.75% | 1.01% | 2.79% | 34.47% | 0.53% | 0.05% | 0.00% | 0.35% | 1.59% | 0.56% |
Monthly Dividends
The table displays the monthly dividend distributions for Putnam Focused International Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.29 | $1.29 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 | $0.55 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.35 | $0.35 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.00 | $5.33 | $5.36 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Putnam Focused International Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Putnam Focused International Equity Fund was 83.68%, occurring on Jan 23, 1995. Recovery took 4764 trading sessions.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
1995 bear market1995 | -83.68%Jan 1995 | 7y 5mo | 18y 11mo | 26y 4moAug 1987 - Dec 2013 |
COVID crash2020 | -35.75%Mar 2020 | 1mo 2d | 5mo 6d | 6mo 8dFeb 2020 - Aug 2020 |
Bear market2022 | -33.42%Oct 2022 | 11mo 6d | 1y 8mo | 2y 7moNov 2021 - Jul 2024 |
Rate-hike selloffLate 2018 | -22.80%Dec 2018 | 10mo 29d | 10mo 26d | 1y 9moJan 2018 - Nov 2019 |
2016 bear market2016 | -22.02%Feb 2016 | 9mo 2d | 1y 2mo | 1y 11moMay 2015 - May 2017 |
Drawdown Indicators
| PEQUX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -83.68% | -56.78% | -26.90% |
Max Drawdown (1Y)Largest decline over 1 year | -11.80% | -9.10% | -2.70% |
Max Drawdown (3Y)Largest decline over 3 years | -11.80% | -18.90% | +7.10% |
Max Drawdown (5Y)Largest decline over 5 years | -33.42% | -25.43% | -7.99% |
Max Drawdown (10Y)Largest decline over 10 years | -35.75% | -33.92% | -1.83% |
Current DrawdownCurrent decline from peak | 0.00% | -1.80% | +1.80% |
Average DrawdownAverage peak-to-trough decline | -33.92% | -10.71% | -23.21% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.83% | 2.03% | +0.80% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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