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About Putnam Focused Large Cap Growth ETF
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Inception date
May 25, 2021
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Putnam Investment Management LLC
Distributor
Franklin Distributors LLC
ISIN
US7467294093
PGRO highlights Putnams expertise to actively select large-cap growth companies in the United States. The fund uses a combination of bottom-up research and top-down investment themes to select securities. In buying or selling a position, the fund manager will consider fundamental factors like company valuation, financial strength, growth prospects, competitive position within its industry, future earnings, cash flows, and dividends. Unlike traditional ETFs, PGRO only discloses its full holdings quarterly, with an 8-day lag. A tracking basket is published daily on its website, in place of the actual portfolio. This includes some of the funds holdings from recent disclosure, other liquid ETFs, cash and cash equivalents. Investors should note that a non-transparent structure could result in wider spreads.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stocks96.13%
Technology Services33.24%
Electronic Technology30.50%
Retail Trade8.05%
Finance7.87%
Health Technology5.56%
Consumer Services4.56%
Consumer Durables2.59%
Producer Manufacturing1.44%
Industrial Services1.23%
Process Industries1.08%
Bonds, Cash & Other3.87%
Cash3.87%
Stock breakdown by region
North America96.15%
Europe3.85%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PGRO invests in stocks. The fund's major sectors are Technology Services, with 33.24% stocks, and Electronic Technology, with 30.50% of the basket. The assets are mostly located in the North America region.
PGRO top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 15.20% and 13.89% of the portfolio correspondingly.
PGRO last dividends amounted to 0.03 USD. The year before, the issuer paid 0.05 USD in dividends, which shows a 65.75% decrease.
PGRO assets under management is 56.87 M USD. It's fallen 0.30% over the last month.
PGRO fund flows account for −17.92 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PGRO pays dividends to its holders with the dividend yield of 0.08%. The last dividend (Dec 9, 2024) amounted to 0.03 USD. The dividends are paid annually.
PGRO shares are issued by Franklin Resources, Inc. under the brand Putnam. The ETF was launched on May 25, 2021, and its management style is Active.
PGRO expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
PGRO follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PGRO invests in stocks.
PGRO price has risen by 1.43% over the last month, and its yearly performance shows a 27.84% increase. See more dynamics on PGRO price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.46% over the last month, showed a 8.37% increase in three-month performance and has increased by 21.25% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.46% over the last month, showed a 8.37% increase in three-month performance and has increased by 21.25% in a year.
PGRO trades at a premium (0.16%) meaning the ETF is trading at a higher price than the calculated NAV.