Putnam Research Fund (PNRAX)
The fund invests mainly in common stocks (growth or value stocks or both) of large U.S. companies that the managers believe have favorable investment potential. For example, the manager may purchase stocks of companies with stock prices that reflect a value lower than that which the managers place on the company. The manager may also consider other factors that the managers believe will cause the stock price to rise.
Fund Info
| ISIN | US7468028839 |
|---|---|
| CUSIP | 746802883 |
| Issuer | Putnam |
| Inception Date | Oct 2, 1995 |
| Category | Large Cap Blend Equities |
| Min. Investment | $0 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
PNRAX has a high expense ratio of 1.03%, 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: PNRAX vs. CMNWX, PNRAX vs. SMGIX, PNRAX vs. PMYYX, PNRAX vs. VFIAX, PNRAX vs. FAGCX, PNRAX vs. QQQ, PNRAX vs. PEYAX, PNRAX vs. FXAIX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Putnam Research 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 Research Fund had a return of 28.77% year-to-date (YTD) and 39.10% in the last 12 months. Over the past 10 years, Putnam Research Fund had an annualized return of 9.17%, while the S&P 500 had an annualized return of 11.39%, indicating that Putnam Research Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 28.77% | 25.45% |
| 1 month | 2.68% | 2.91% |
| 6 months | 14.26% | 14.05% |
| 1 year | 39.10% | 35.64% |
| 5 years (annualized) | 11.27% | 14.13% |
| 10 years (annualized) | 9.17% | 11.39% |
Monthly Returns
The table below presents the monthly returns of PNRAX, 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 | 2.38% | 5.81% | 3.66% | -4.05% | 5.36% | 3.69% | 0.68% | 1.77% | 2.79% | -0.79% | 28.77% | ||
| 2023 | 6.13% | -2.05% | 3.19% | 1.87% | 1.28% | 6.41% | 3.06% | -1.27% | -4.13% | -1.69% | 9.10% | 4.56% | 28.83% |
| 2022 | -4.92% | -3.40% | 2.83% | -8.05% | 0.50% | -7.97% | 9.36% | -4.02% | -9.30% | 8.59% | 5.77% | -12.94% | -23.54% |
| 2021 | -0.92% | 2.85% | 3.45% | 5.28% | 0.13% | 2.67% | 2.34% | 3.21% | -4.91% | 7.40% | -1.64% | -4.88% | 15.15% |
| 2020 | -0.26% | -7.68% | -12.07% | 12.03% | 5.63% | 2.60% | 5.43% | 7.33% | -3.72% | -2.82% | 11.19% | 2.20% | 18.27% |
| 2019 | 7.93% | 2.92% | 1.92% | 5.47% | -6.34% | 6.96% | 1.88% | -1.96% | 1.55% | 2.36% | 3.62% | -3.10% | 24.70% |
| 2018 | 5.68% | -3.46% | -2.40% | 0.36% | 2.39% | 0.74% | 3.64% | 2.07% | 0.91% | -7.11% | 1.54% | -19.31% | -16.26% |
| 2017 | 3.00% | 3.27% | 0.48% | 1.30% | 3.18% | -0.33% | 2.11% | 0.64% | 2.02% | 2.51% | 2.27% | -0.93% | 21.25% |
| 2016 | -6.00% | -0.26% | 6.22% | 0.76% | 2.11% | -0.39% | 3.76% | 0.19% | 0.49% | -1.54% | 3.27% | 1.67% | 10.25% |
| 2015 | -2.72% | 5.91% | -1.09% | 0.42% | 1.71% | -2.09% | 1.60% | -6.75% | -3.86% | 8.41% | -0.39% | -1.88% | -1.65% |
| 2014 | -2.38% | 4.97% | 0.17% | 0.04% | 3.13% | 2.75% | -1.86% | 4.17% | -1.43% | 2.13% | 2.80% | -0.45% | 14.61% |
| 2013 | 4.77% | 0.89% | 3.80% | 1.54% | 2.35% | -1.43% | 5.90% | -2.79% | 3.47% | 4.66% | 3.20% | 2.76% | 32.88% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of PNRAX is 84, placing it in the top 16% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Putnam Research Fund (PNRAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Putnam Research Fund provided a 0.22% dividend yield over the last twelve months, with an annual payout of $0.13 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.13 | $0.13 | $0.40 | $0.00 | $0.24 | $0.34 | $0.12 | $0.00 | $0.29 | $0.30 | $0.25 | $0.16 |
Dividend yield | 0.22% | 0.28% | 1.14% | 0.00% | 0.59% | 0.98% | 0.42% | 0.00% | 1.06% | 1.19% | 0.98% | 0.69% |
Monthly Dividends
The table displays the monthly dividend distributions for Putnam Research 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 | $0.13 | $0.13 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.40 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.34 | $0.34 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.30 | $0.30 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2013 | $0.16 | $0.16 |
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 Research 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 Research Fund was 61.03%, occurring on Mar 9, 2009. Recovery took 1028 trading sessions.
The current Putnam Research Fund drawdown is 0.36%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -61.03% | Sep 5, 2000 | 2132 | Mar 9, 2009 | 1028 | Apr 10, 2013 | 3160 |
| -33.79% | Sep 24, 2018 | 376 | Mar 23, 2020 | 95 | Aug 6, 2020 | 471 |
| -31.01% | Nov 17, 2021 | 280 | Dec 28, 2022 | 307 | Mar 20, 2024 | 587 |
| -20.46% | Jul 21, 1998 | 58 | Oct 8, 1998 | 31 | Nov 20, 1998 | 89 |
| -17.59% | Jul 21, 2015 | 143 | Feb 11, 2016 | 126 | Aug 11, 2016 | 269 |
Volatility
Volatility Chart
The current Putnam Research Fund volatility is 3.87%, 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.