Putnam Small Cap Value Fund (PSLAX)
The fund invests mainly in common stocks of small U.S. companies, with a focus on value stocks. Value stocks are issued by companies that are currently undervalued by the market. The fund invests at least 80% of its net assets in companies of a size similar to those in the Russell 2000 Value Index. The adviser may consider, among other factors, a company's valuation, financial strength, and growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments.
Fund Info
| ISIN | US7468026106 |
|---|---|
| CUSIP | 746802610 |
| Issuer | Putnam |
| Inception Date | Apr 12, 1999 |
| Category | Small Cap Value Equities |
| Min. Investment | $0 |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Value |
Expense Ratio
PSLAX has a high expense ratio of 1.15%, 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: PSLAX vs. DEVLX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Putnam Small Cap 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 Small Cap Value Fund had a return of 11.35% year-to-date (YTD) and 25.43% in the last 12 months. Over the past 10 years, Putnam Small Cap Value Fund had an annualized return of 9.31%, while the S&P 500 had an annualized return of 11.39%, indicating that Putnam Small Cap Value Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 11.35% | 25.48% |
| 1 month | 4.16% | 2.14% |
| 6 months | 8.14% | 12.76% |
| 1 year | 25.43% | 33.14% |
| 5 years (annualized) | 12.52% | 13.96% |
| 10 years (annualized) | 9.31% | 11.39% |
Monthly Returns
The table below presents the monthly returns of PSLAX, 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 | -3.68% | 0.87% | 4.91% | -5.50% | 5.02% | -1.08% | 10.24% | -1.93% | -1.13% | -2.41% | 11.35% | ||
| 2023 | 8.80% | 0.58% | -9.70% | -2.07% | -1.79% | 11.99% | 7.02% | -2.21% | -4.73% | -5.26% | 10.24% | 11.45% | 23.54% |
| 2022 | -4.47% | 2.84% | 2.24% | -7.09% | 1.82% | -11.27% | 9.42% | -2.94% | -10.49% | 14.94% | 0.62% | -6.60% | -13.42% |
| 2021 | 2.98% | 13.20% | 6.09% | 3.26% | 6.18% | -0.65% | -2.99% | 1.27% | 0.33% | 3.30% | -3.77% | 5.67% | 39.51% |
| 2020 | -4.50% | -10.84% | -30.23% | 15.30% | 5.78% | 4.35% | 1.31% | 5.52% | -4.45% | 1.75% | 19.70% | 10.14% | 3.60% |
| 2019 | 13.24% | 3.61% | -3.11% | 5.83% | -8.90% | 6.04% | 0.67% | -7.55% | 5.00% | 1.26% | 4.13% | 3.82% | 24.33% |
| 2018 | 0.89% | -4.39% | -0.54% | 0.39% | 4.68% | 1.98% | 1.72% | 1.20% | -1.40% | -10.12% | -1.81% | -9.77% | -16.90% |
| 2017 | 0.12% | 1.09% | 0.17% | 1.13% | -3.40% | 3.06% | -0.00% | -3.03% | 5.78% | -1.42% | 3.05% | 1.13% | 7.55% |
| 2016 | -7.62% | -0.16% | 7.02% | 1.31% | 2.73% | -0.84% | 4.73% | 3.03% | -0.13% | -1.77% | 12.34% | 4.50% | 26.60% |
| 2015 | -4.14% | 5.14% | 1.17% | -0.13% | 0.84% | 0.90% | -1.84% | -3.94% | -3.50% | 4.74% | 2.40% | -3.72% | -2.64% |
| 2014 | -3.26% | 4.25% | 1.88% | -2.80% | 0.46% | 3.51% | -4.90% | 4.03% | -5.66% | 4.31% | -0.77% | 4.08% | 4.42% |
| 2013 | 6.33% | 1.01% | 4.48% | -0.48% | 4.79% | -0.15% | 6.48% | -3.01% | 5.47% | 1.89% | 4.06% | 3.19% | 39.24% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PSLAX 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 Small Cap Value Fund (PSLAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Putnam Small Cap Value Fund provided a 0.47% dividend yield over the last twelve months, with an annual payout of $0.08 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.08 | $0.08 | $0.05 | $0.03 | $0.10 | $0.15 | $0.22 | $0.08 | $0.12 | $0.90 | $0.73 | $0.29 |
Dividend yield | 0.47% | 0.53% | 0.35% | 0.20% | 0.90% | 1.33% | 2.40% | 0.60% | 0.66% | 6.48% | 4.82% | 1.89% |
Monthly Dividends
The table displays the monthly dividend distributions for Putnam Small 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | $0.08 | $0.08 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.05 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.03 | $0.03 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.10 |
| 2019 | $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 |
| 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 | $0.08 | $0.08 |
| 2016 | $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 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.90 | $0.90 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.73 | $0.73 |
| 2013 | $0.29 | $0.29 |
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 Small 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 Small Cap Value Fund was 66.92%, occurring on Mar 9, 2009. Recovery took 987 trading sessions.
The current Putnam Small Cap Value Fund drawdown is 1.65%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -66.92% | Jun 5, 2007 | 442 | Mar 9, 2009 | 987 | Feb 8, 2013 | 1429 |
| -50.86% | Aug 30, 2018 | 389 | Mar 18, 2020 | 195 | Dec 23, 2020 | 584 |
| -37.13% | Apr 17, 2002 | 122 | Oct 9, 2002 | 269 | Nov 4, 2003 | 391 |
| -23.07% | Nov 9, 2021 | 225 | Sep 30, 2022 | 303 | Dec 14, 2023 | 528 |
| -21.61% | Jun 24, 2015 | 161 | Feb 11, 2016 | 134 | Aug 23, 2016 | 295 |
Volatility
Volatility Chart
The current Putnam Small Cap Value Fund volatility is 7.14%, 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.