PVAL Putnam Focused Large Cap Value ETF
PVAL Fund Description
PVAL is an actively-managed, non-transparent ETF that provides exposure to large-cap value companies in the US. The fund utilizes the Fidelity non-transparent model.
PVAL Factset Analytics Insight
PVAL highlights Putnam’s large-cap value stock selection expertise in an active, non-transparent ETF wrapper. Although the fund mainly invests in large-caps, it may also include some midcaps in the portfolio. After identifying undervalued stocks in the market, PVAL’s fund adviser may also consider other fundamental metrics such as financial strength, growth potential, industry position, projected earnings, cash flow and dividends to determine the fund’s holdings. Unlike traditional ETFs, PVAL 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 fund’s holdings from recent disclosure, other liquid ETFs, cash and cash equivalents. Investors should note that a non-transparent structure could result in wider spreads.
PVAL Summary Data
PVAL Portfolio Data
PVAL Index Data
PVAL Portfolio Management
PVAL Tax Exposures
PVAL Fund Structure
PVAL Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PVAL. PVAL is rated a N/A out of 5.
PVAL Sector/Industry Breakdown
PVAL Top 10 Holdings[View All]
PVAL Economic Development
PVAL Performance Statistics
PVAL Benchmark Comparison Summary
PVAL Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.