Putnam International Value Fund (PNGAX)
The fund invests mainly in common stocks of large and midsize companies outside the United States, with a focus on value stocks. Value stocks are those that the adviser believes are currently undervalued by the market. It invests mainly in developed countries, but may invest in emerging markets. The fund also use derivatives, which are expected to include certain foreign currency transactions.
Fund Info
| ISIN | US7467632003 |
|---|---|
| CUSIP | 746763200 |
| Issuer | Putnam |
| Inception Date | Jul 31, 1996 |
| Category | Foreign Large Cap Equities |
| Min. Investment | $0 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Value |
Expense Ratio
PNGAX has a high expense ratio of 1.27%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: PNGAX vs. EFA, PNGAX vs. DODFX, PNGAX vs. FZAJX, PNGAX vs. VTI, PNGAX vs. FFLC
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Putnam International Value Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Putnam International Value Fund had a return of 9.72% year-to-date (YTD) and 19.36% in the last 12 months. Over the past 10 years, Putnam International Value Fund had an annualized return of 5.11%, while the S&P 500 had an annualized return of 11.05%, indicating that Putnam International Value Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 9.72% | 21.24% |
| 1 month | -2.13% | 0.55% |
| 6 months | 3.12% | 11.47% |
| 1 year | 19.36% | 32.45% |
| 5 years (annualized) | 8.16% | 13.43% |
| 10 years (annualized) | 5.11% | 11.05% |
Monthly Returns
The table below presents the monthly returns of PNGAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.08% | 0.94% | 4.95% | -1.55% | 5.76% | -3.82% | 5.51% | 2.16% | 0.27% | -3.81% | 9.72% | ||
| 2023 | 8.48% | -1.23% | 0.25% | 3.08% | -4.11% | 5.72% | 3.66% | -3.30% | -1.98% | -4.62% | 8.06% | 4.26% | 18.50% |
| 2022 | 0.90% | -3.08% | -0.75% | -5.99% | 4.22% | -10.15% | 2.49% | -4.21% | -8.68% | 6.73% | 13.61% | 0.29% | -6.85% |
| 2021 | -0.97% | 5.53% | 3.72% | 3.02% | 4.75% | -4.00% | 0.00% | 1.89% | -1.47% | 1.88% | -5.69% | 5.48% | 14.24% |
| 2020 | -3.34% | -7.85% | -16.43% | 5.10% | 4.96% | 3.30% | 1.28% | 5.05% | -4.40% | -4.19% | 19.56% | 5.43% | 4.19% |
| 2019 | 5.74% | 2.56% | -0.48% | 3.48% | -5.70% | 5.15% | -1.98% | -2.50% | 4.14% | 3.97% | 1.18% | 3.46% | 19.96% |
| 2018 | 5.16% | -5.30% | -0.99% | 1.49% | -1.96% | -2.25% | 2.39% | -3.42% | 0.35% | -7.92% | -0.56% | -7.81% | -19.66% |
| 2017 | 2.91% | 0.78% | 3.20% | 2.82% | 3.20% | 0.44% | 3.35% | -0.43% | 3.17% | -0.00% | 0.75% | 1.70% | 24.09% |
| 2016 | -4.96% | -4.18% | 7.30% | 1.63% | -0.80% | -3.42% | 3.86% | 1.10% | 1.39% | -1.76% | -1.30% | 2.75% | 0.91% |
| 2015 | -0.58% | 7.07% | -1.72% | 4.79% | -0.79% | -2.04% | 0.90% | -6.63% | -4.70% | 6.55% | -1.32% | -2.39% | -1.83% |
| 2014 | -4.17% | 5.07% | -1.35% | 1.37% | 1.10% | 0.42% | -3.08% | 1.03% | -3.92% | -1.95% | 0.18% | -4.51% | -9.80% |
| 2013 | 3.80% | -2.57% | 0.71% | 5.84% | -2.19% | -2.33% | 4.98% | -2.09% | 7.85% | 3.95% | 0.35% | 3.91% | 23.74% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PNGAX is 38, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Putnam International Value Fund (PNGAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Putnam International Value Fund provided a 2.14% dividend yield over the last twelve months, with an annual payout of $0.31 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.31 | $0.31 | $0.18 | $0.70 | $0.21 | $0.43 | $0.22 | $0.14 | $0.22 | $0.11 | $0.21 | $0.31 |
Dividend yield | 2.14% | 2.35% | 1.63% | 5.70% | 1.84% | 3.91% | 2.31% | 1.11% | 2.23% | 1.09% | 2.01% | 2.66% |
Monthly Dividends
The table displays the monthly dividend distributions for Putnam International 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.31 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.70 | $0.70 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.43 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.14 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.11 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2013 | $0.31 | $0.31 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Putnam International 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 International Value Fund was 62.85%, occurring on Mar 9, 2009. Recovery took 2170 trading sessions.
The current Putnam International Value Fund drawdown is 4.63%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -62.85% | Nov 1, 2007 | 338 | Mar 9, 2009 | 2170 | Oct 19, 2017 | 2508 |
| -42.93% | Jul 6, 2000 | 670 | Mar 12, 2003 | 415 | Nov 3, 2004 | 1085 |
| -42.75% | Jan 29, 2018 | 541 | Mar 23, 2020 | 231 | Feb 22, 2021 | 772 |
| -28.08% | Jul 21, 1998 | 55 | Oct 5, 1998 | 136 | Apr 13, 1999 | 191 |
| -27.37% | Feb 10, 2022 | 158 | Sep 27, 2022 | 180 | Jun 15, 2023 | 338 |
Volatility
Volatility Chart
The current Putnam International Value Fund volatility is 2.76%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.