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Managed Fund Since 2025
Equity Active
PGRI Putnam International Stock ETF
- Durable growth: Targets companies that have strong moats, quality management, significant market share, and attractive end markets
- High conviction: Aims to invest in a concentrated, high active share portfolio of opportunities identified through deep fundamental research
- Disciplined risk management: Amplifies stock-driven alpha by actively managing factor risks within the portfolio.
Popular Documents
Overview
Fund Facts
Fund description
The fund seeks capital appreciation by investing in non-US large and midsize companies, across developed and emerging markets, with what managers believe are structural competitive advantages and attractive end markets.
- Benchmark
- MSCI All Country World ex-US Growth Index-NR
- Fund Inception Date
- 10/21/2025
- Listing Exchange
- NYSE Arca
Identifiers
- Ticker
- PGRI
- CUSIP Code
- 35473P330
- ISIN Code
- US35473P3304
- Bloomberg Code
- PGRI US
Average Annual Total Returns As of 12/31/2025
- —1 Year
- —3 Years
- —5 Years
- —10 Years
- -0.96%Since Inception
10/21/2025
Performance data quoted represents past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the figures shown.
Geographic Focus
As of 01/31/2026 % of Total (Updated Monthly)
United Kingdom23.37% | |
Information Technology17.54% | |
Industrials17.52% | |
Japan12.66% | |
France12.11% | |
Health Care15.59% | |
Financials9.93% | |
China8.32% | |
United States7.83% | |
Consumer Staples9.64% |
Additional Fund Info
- Fiscal Year End
- March 31
- ETF Type
- Active
- Morningstar Category
- Foreign Large Growth
Trading Characteristics
- Shares Outstanding
- 200,000
- Daily Volume
- 152
- 20-Day Average Volume
- 133.05
Manager and Commentary
Commentary Highlights
12/31/2025- Markets: Most non-U.S. equity markets had a solid quarter, finishing a year of generally strong performance.
- Contributors :Stock selection in financials, health care and consumer staples
- Detractors: Stock selection in consumer discretionary and materials
- Outlook : We remain focused on targeting quality companies that demonstrate key durable growth characteristics.
Putnam Investments
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Managed Fund Since 2025
Performance
Calendar Year Returns
As of 12/31/2025
Putnam International Stock ETF - Market Price Return (%)
Putnam International Stock ETF - NAV Return (%)
MSCI All Country World ex-US Growth Index-NR (%)
Portfolio
Assets
As of02/09/2026 (Updated Daily)
- Total Net Assets
- $5.21 Million
Positions
As of 12/31/2025 (Updated Monthly)
Number of Issuers
- Fund
- 28
Portfolio Statistics
As of 12/31/2025 (Updated Monthly)
Price to Book
- Fund
- 4.52x
- Fund
- 20.10x
- Fund
- $254.38 Billion
Sector Allocation
As of 01/31/2026 % of Total (Updated Monthly)
| Sector | % of Total |
|---|---|
Information Technology | 17.54% |
Industrials | 17.52% |
Health Care | 15.59% |
Financials | 9.93% |
Consumer Staples | 9.64% |
Materials | 9.43% |
Consumer Discretionary | 9.04% |
Communication Services | 8.74% |
Cash & Other Net Assets | 2.58% |
Holdings
As of 02/09/2026 (Updated Daily)
TAIWAN SEMICONDUCTOR-SP A
ASML HOLDING NV
ASTRAZENECA PLC
HOYA CORP
PRUDENTIAL PLC
AIA GROUP LTD
BRITISH AMERICAN TOBACCO
INFINEON TECHNOLOGIES AG
SAFRAN SA
AIRBUS SE
Distributions & Tax
- Distribution Frequency
- AnnuallyThis fund is an ex-Dividend fund
- Capital Gain Distributions
- -
Distributions are not guaranteed and are subject to change.
Final composition of the current year’s distribution—income, capital gains and/or return of capital—are based on US tax rules and will be determined by February of the following year. For tax characterization of a distribution, such as return of capital and tax-exempt income, click on the “Tax Information” tab above.
Distributions Per Share
12/22/2025
Annually, a fund must distribute all realized capital gains net of realized losses, so the fund will not be subject to an entity level income tax. A fund’s capital gain distribution in a particular year may be a result of the disposition of holdings that appreciated in value during prior years. Thus, while the fund may gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund.
The distributable amount of net capital gains are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution and are recognized by the shareholder for tax purposes as of the ex-date of the distribution, regardless of when the gains or losses arose in the fund. Net gains on holdings held long term by the fund would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the fund.
Refer to the fund’s annual report or statement of additional information for specific information regarding distributions.
Pricing
Pricing History
As of 02/09/2026 (Updated Daily)
Daily Fund Prices
As of 02/09/2026
Share Prices
As of 02/09/2026
52-Week Range
- Highest NAV
As of 01/29/2026 - $26.12
- Lowest NAV
As of 11/21/2025 - $23.98
- Highest Market Price
As of 01/29/2026 - $26.23
- Lowest Market Price
As of 11/20/2025 - $23.91
Premium / Discount
As of 02/09/2026
- 30-Day Median Bid/Ask Spread
- 0.19%
- Bid / Ask Spread
- $0.05
- Avg. of Market Price vs. NAV since Inception
- 0.18%
- Avg. of Market Price vs. NAV at Close
5 - 0.31%
Documents
Fund Literature
| Name | Download | Add to Cart | |
|---|---|---|---|
| Factsheet - Putnam International Stock ETF | |||
| Product Commentary - Putnam International Stock ETF |
Regulatory Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Prospectus - Putnam International Stock ETF | |||
| Summary Prospectus - Putnam International Stock ETF | |||
| Statement of Aditional Information - Putnam International Stock ETF |
Risks
All investments involve risks, including possible loss of principal. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. To the extent the portfolio invests in a concentration of certain securities, regions or industries, it is subject to increased volatility. Small- and mid-cap stocks involve greater risks and volatility than large-cap stocks. Large-capitalization companies may fall out of favor with investors based on market and economic conditions. Derivative instruments can be illiquid, may disproportionately increase losses, and have a potentially large impact on performance. The portfolio is, or could become, non-diversified and may invest in a relatively small number of issuers, which may negatively impact the performance and result in greater fluctuation in value. The manager may consider environmental, social and governance (ESG) criteria in the research or investment process; however, ESG considerations may not be a determinative factor in security selection. In addition, the manager may not assess every investment for ESG criteria, and not every ESG factor may be identified or evaluated. The fund is newly organized, with a limited history of operations. These and other risks are discussed in the fund's prospectus.
Important Information
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Important data provider notices and terms available at www.franklintempletondatasources.com.
Performance data quoted represents past performance, which does not guarantee future results.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
All investments involve risk, including possible loss of principal. Please see each product's web page for specific details regarding investment objective, risks, performance, and other important information. Review this information carefully before you make any investment decision. Investors cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges.
Carefully consider a fund’s investment objectives, risks, charges and expenses before investing. Please view the prospectus or summary prospectus for this and other information. Read it carefully.
Franklin Templeton, its affiliated companies, and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the “promotion or marketing” of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Any such taxpayer should seek advice based on the taxpayer’s particular circumstances from an independent tax advisor.
ETFs trade like stocks, fluctuate in market value and may trade at prices above or below their net asset value. Brokerage commissions and ETF expenses will reduce returns. ETF shares may be bought or sold throughout the day at their market price (MP), not their Net Asset Value (NAV), on the exchange on which they are listed. Shares of ETFs are tradable on secondary markets and may trade either at a premium or a discount to their NAV on the secondary market. Prior to trading in the secondary market, shares of the fund are "created" at NAV by market makers, large investors and institutions only in block-size Creation Units. Each "creator" or "Authorized Participant" enters into an authorized participant agreement with Franklin Distributors, LLC. Only an Authorized Participant may create or redeem Creation Units directly with the fund. Retail investors buy and sell shares of ETFs at market price (not NAV) in the secondary market throughout the trading day. These shares are not individually available for purchase or redemption directly from the ETF.
Franklin Distributors, LLC serves as the distributor of Creation Units for the ETFs on an agency basis. Franklin Distributors, LLC does not maintain a secondary market in the funds' shares.
The MSCI All Country World ex-US Growth Index measures the performance of growth stocks in developed and emerging markets, excluding the US.
Source: MSCI makes no warranties and shall have no liability with respect to any MSCI data reproduced herein. No further redistribution or use is permitted. This report is not prepared or endorsed by MSCI.
Net Returns (NR) include income net of tax withholding when dividends are paid.