The fund invests mainly in common stocks of large U.S. companies, with a focus on growth stocks. Under normal circumstances, it invests at least 80% of the fund"s net assets in companies of a size similar to those in the Russell 1000 Growth Index. The fund"s investment manager, Putnam Investment Management, LLC (Putnam Management) may consider, among other factors, a company"s valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments. It is non-diversified.
Frequently asked questions
What is the Putnam Focused Large Cap Growth ETF (PGRO) expense ratio?
The Putnam Focused Large Cap Growth ETF funds expense ratio is 0.56%.
What is Putnam Focused Large Cap Growth ETF (PGRO) current stock price?
As of the latest data, Putnam Focused Large Cap Growth ETF stock price is $46.61, with a previous close of $46.14. Putnam Focused Large Cap Growth ETF gained $0.47 in the last trading session, representing a 1.02% increase.
Does Putnam Focused Large Cap Growth ETF (PGRO) pay dividends?
Yes. Putnam Focused Large Cap Growth ETF pays annual dividends with an annualized yield of 0.02% and an estimated annual payout of $0.01 per share.