PRACX Putnam U.S. Research Fund
- A best-ideas fund. The fund invests in stocks that represent the highest conviction ideas from Putnam's Equity Research team.
- Sector neutral. The fund is managed with a sector-neutral approach, with the flexibility to own both growth and value stocks.
- Differentiated research. The portfolio managers select stocks in a collaborative effort that emphasizes non-consensus critical thinking.
Popular Documents
Overview
Fund Facts
Fund description
The fund seeks capital appreciation. The fund invests in stocks that represent the highest conviction ideas from Putnam's Equity Research team.
- Benchmark
- S&P 500 Index
- Fund Inception Date
- 10/02/1995
- Dividend Frequency, if any
- Annually
- Portfolio Turnover
- 65%
Sales Charges, Expenses & Fees
- Gross Expense Ratio
- 1.73%
- Net Expense Ratio
- 1.63%
- Maximum Initial Charge
- —
- CDSC
- 1.00%
- 12b-1 Fee
- 1.00%
Identifiers
- Ticker
- PRACX
- Fund Number
- 449
- CUSIP Code
- 746802628
Top Sectors
As of 05/31/2026 % of Total (Updated Monthly)
Information Technology37.75% | |
Financials11.00% | |
Communication Services9.59% | |
Consumer Discretionary9.11% | |
Health Care8.43% |
Additional Fund Info
- Share Class Inception Date
- 02/01/1999
- Investment Style
- Large Cap
- Lipper Classification
- Large-Cap Core Funds
- Morningstar Category
- Large Blend
A Message from Kate Lakin, Portfolio Manager and Director of Research
Learn about Putnam’s U.S. research strategy and the disciplined team working to deliver performance excellence for investors.
Manager and Commentary
About the Team
Putnam Investments has been serving clients and shareholders for over 85 years. We manage a range of equity portfolios with a focus on stock-specific opportunities. Our approach — stock-driven rather than style-driven — is designed to offer consistent outperformance, regardless of the market environment. Our portfolios are fueled by a variety of independent views and perspectives, enhanced by fundamental research and ongoing dialogue and debate. We combine this with portfolio construction that aims to reduce broader macro exposures and manage downside risk.