- ISIN
- US7467451081
- CUSIP
- 746745108
- Issuer
- Putnam
- Inception Date
- Jun 15, 1977
- Category
- Large Cap Value Equities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
PEYAX Performance Chart
Putnam Large Cap Value Fund (PEYAX) is up 10.9% since the beginning of the year. PEYAX is currently trading at $43 per share. Investors who bought $1,000 worth of PEYAX shares 5 years ago would now be looking at an investment worth $1,846.
Loading charts...
Returns By Period
Putnam Large Cap Value Fund (PEYAX) has returned 10.90% so far this year and 27.70% over the past 12 months. Over the last ten years, PEYAX has had an annualized return of 13.35%, just under the S&P 500 Index benchmark’s 13.88%.
Putnam Large Cap Value Fund
- 1D
- 0.16%
- 1M
- 2.60%
- YTD
- 10.90%
- 6M
- 10.45%
- 1Y
- 27.70%
- 3Y*
- 19.76%
- 5Y*
- 13.04%
- 10Y*
- 13.35%
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%
PEYAX Monthly Returns History
Based on dividend-adjusted daily data since Jun 30, 1977, PEYAX's average daily return is +0.03%, while the average monthly return is +0.57%. At this rate, an investment would double in approximately 10.2 years.
Historically, 62% of months were positive and 38% were negative. The best month was Nov 2020 with a return of +14.0%, while the worst month was Oct 1987 at -27.5%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 5 months.
On a daily basis, PEYAX closed higher 47% of trading days. The best single day was Oct 13, 2008 with a return of +10.7%, while the worst single day was Oct 22, 1987 at -17.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.44% | 1.85% | -4.38% | 5.96% | 1.96% | 1.90% | 10.90% | ||||||
| 2025 | 4.41% | 0.72% | -2.74% | -2.90% | 3.93% | 3.61% | 1.06% | 3.11% | 1.68% | 1.08% | 3.09% | 1.72% | 20.09% |
| 2024 | 1.33% | 4.35% | 6.42% | -2.54% | 3.79% | 0.20% | 3.60% | 2.40% | 0.59% | -0.81% | 5.39% | -6.47% | 18.99% |
| 2023 | 4.86% | -2.16% | -0.80% | 1.43% | -3.07% | 7.04% | 3.43% | -2.51% | -2.35% | -2.41% | 6.78% | 4.73% | 15.09% |
| 2022 | -1.61% | -0.59% | 2.65% | -4.68% | 2.62% | -8.44% | 6.14% | -1.73% | -7.74% | 10.55% | 6.16% | -9.78% | -8.37% |
| 2021 | -0.08% | 5.55% | 5.40% | 3.56% | 3.21% | -0.39% | 0.77% | 2.47% | -3.22% | 5.77% | -3.52% | 5.09% | 26.84% |
Benchmark Metrics
Putnam Large Cap Value Fund has an annualized alpha of -0.80%, beta of 0.78, and R2 of 0.70 versus S&P 500 Index. Calculated based on daily prices since June 30, 1977.
- This fund participated in 92.63% of S&P 500 Index downside but only 79.64% of its upside - more exposed to losses than it benefited from rallies.
- Alpha
- -0.80%
- Beta
- 0.78
- R²
- 0.70
- Upside Capture
- 79.64%
- Downside Capture
- 92.63%
Expense Ratio
PEYAX has an expense ratio of 0.88%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PEYAX ranks 83 for risk / return — in the top 83% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Putnam Large Cap Value Fund (PEYAX) 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.
| PEYAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.84 | ||
| Omega ratioGain probability vs. loss probability | 1.46 | 1.37 | +0.10 |
| Calmar ratioReturn relative to maximum drawdown | 3.85 | 2.78 | +1.07 |
| Martin ratioReturn relative to average drawdown | 14.92 | 12.44 | +2.48 |
Dividends
Dividend History
Putnam Large Cap Value Fund provided a 4.76% dividend yield over the last twelve months, with an annual payout of $2.07 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $2.07 | $2.10 | $2.35 | $1.52 | $0.34 | $2.21 | $1.57 | $1.00 | $1.20 | $0.81 | $0.49 | $1.13 |
Dividend yield | 4.76% | 5.36% | 6.80% | 4.93% | 1.21% | 7.09% | 5.97% | 3.79% | 5.67% | 3.31% | 2.27% | 5.86% |
Monthly Dividends
The table displays the monthly dividend distributions for Putnam Large Cap Value 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 | $0.07 | $0.00 | $0.00 | $0.07 | ||||||
| 2025 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.09 | $0.00 | $1.79 | $2.10 |
| 2024 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $2.06 | $2.35 |
| 2023 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $1.25 | $1.52 |
| 2022 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.34 |
| 2021 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $1.93 | $2.21 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Putnam Large Cap Value 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 Large Cap Value Fund was 56.92%, occurring on Oct 11, 1990. Recovery took 1536 trading sessions.
The current Putnam Large Cap Value Fund drawdown is 0.84%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
1990 bear market1990 | -56.92%Oct 1990 | 9y 6mo | 6y 28d | 15y 7moApr 1981 - Nov 1996 |
Financial crisis2007–2009 | -51.47%Mar 2009 | 1y 7mo | 2y 1mo | 3y 9moJul 2007 - Apr 2011 |
COVID crash2020 | -36.06%Mar 2020 | 1mo 9d | 7mo 28d | 9mo 7dFeb 2020 - Nov 2020 |
Dot-com crash2000–2002 | -29.28%Oct 2002 | 1y 4mo | 1y 2mo | 2y 6moMay 2001 - Dec 2003 |
2000 bear market2000 | -22.56%Feb 2000 | 9mo 17d | 10mo 6d | 1y 7moMay 1999 - Dec 2000 |
Drawdown Indicators
| PEYAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -56.92% | -56.78% | -0.14% |
Max Drawdown (1Y)Largest decline over 1 year | -7.23% | -9.10% | +1.87% |
Max Drawdown (3Y)Largest decline over 3 years | -15.12% | -18.90% | +3.78% |
Max Drawdown (5Y)Largest decline over 5 years | -15.31% | -25.43% | +10.12% |
Max Drawdown (10Y)Largest decline over 10 years | -36.06% | -33.92% | -2.14% |
Current DrawdownCurrent decline from peak | -0.84% | -1.80% | +0.96% |
Average DrawdownAverage peak-to-trough decline | -14.04% | -10.71% | -3.33% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.86% | 2.03% | -0.17% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with PEYAX
Add Putnam Large Cap Value Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with PEYAX