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Managed Fund Since 2010
Equity
Putnam VT Core Equity Fund
Popular Documents
Total Net Assets
$176.76M
As of 10/31/2025 (Updated Monthly)
Overview
Fund Facts
Fund description
The fund seeks capital appreciation. The fund invests in stocks of U.S. companies of all sizes and has the flexibility to own both growth and value stocks.
- Benchmark
- Russell 3000 Index
- Fund Inception Date
- 04/30/1998
- Share Class Inception Date
- 04/30/1998
Identifiers
- Ticker
- —
- Fund Number
- 5419
- CUSIP Code
- 746896778
- Bloomberg Code
- VPIVIAV US
Top Sectors
As of 10/31/2025 % of Total (Updated Monthly)
Information Technology31.64% | |
Financials17.00% | |
Consumer Discretionary11.63% | |
Communication Services10.73% | |
Health Care9.10% |
Additional Fund Info
- Asset Class
- Equity
- Morningstar Category
4 - Large Blend
- Lipper Classification
- Multi-Cap Core Funds
- Investment Style
- Blend
Manager and Commentary
About the Team
Putnam Investments
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.
Putnam Investments
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Managed Fund Since 2017
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Managed Fund Since 2025
Latest Insights
August 14, 2025
March 19, 2025
Ratings 4
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Portfolio
Assets
As of10/31/2025 (Updated Monthly)
- Total Net Assets
- $176.76 Million
Positions
As of 10/31/2025 (Updated Monthly)
Number of Issuers
- Fund
- 137
Portfolio Statistics
As of 10/31/2025 (Updated Monthly)
Price to Book
- Fund
- 4.45x
- Fund
- $1,471.11 Billion
- Fund
- 20.42x
Geographic Allocation
As of 10/31/2025 % of Total (Updated Monthly)
| Geography | Fund |
|---|---|
United States | 98.77% |
Bermuda | 0.52% |
Netherlands | 0.39% |
United Kingdom | 0.25% |
Belgium | 0.01% |
Cash & Other Net Assets | 0.05% |
Holdings
As of 10/31/2025 (Updated Monthly)
NVIDIA CORP SEDOL 2379504
MICROSOFT CORP SEDOL 2588173
APPLE INC SEDOL 2046251
ALPHABET INC-CL C SEDOL BYY88Y7
AMAZON.COM INC SEDOL 2000019
BROADCOM INC SEDOL BDZ78H9
META PLATFORMS INC-CLASS A SEDOL B7TL820
TESLA INC SEDOL B616C79
MASTERCARD INC - A SEDOL B121557
BERKSHIRE HATHAWAY INC-CL B SEDOL 2073390
Distributions & Tax
- Distribution Frequency
- AnnuallyThis fund is an ex-Dividend fund
- Capital Gain Distributions
- March
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
03/28/2025
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.
Documents
Regulatory Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Annual Financial Statements and Other Information - Putnam VT Core Equity Fund | |||
| Annual Report - Putnam VT Core Equity Fund - Class IA | |||
| Semi-Annual Report - Putnam VT Core Equity Fund - Class IA | |||
| Semi-Annual Financial Statements and Other Information - Putnam VT Core Equity Fund | |||
| Prospectus - Putnam VT Core Equity Fund | |||
| Summary Prospectus - Putnam VT Core Equity Fund | |||
| Statement Of Additional Information - Putnam Variable Trust | |||
| Fiscal Q1 Holdings - Putnam VT Core Equity Fund | |||
| Fiscal Q3 Holdings - PUTNAM VARIABLE TRUST |
Risks
All investments involve risks, including possible loss of principal. Small- and mid-cap stocks involve greater risks and volatility than large-cap stocks. The investment style may become out of favor, which may have a negative impact on performance. Active management does not ensure gains or protect against market declines. 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. These and other risks are discussed in the fund's prospectus.
Important Information
Past performance is no guarantee of future results. These portfolios are available as investment options under a variable annuity or variable life contract. Shares of the portfolios are offered only to insurance company separate accounts that fund certain variable annuity or life contracts. These portfolios may not be available in all states and may only be offered in certain variable products. Please refer to the prospectuses. Variable annuities are long-term, tax-deferred investment vehicles designed for retirement purposes. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Withdrawals made prior to age 59 1/2 are subject to a 10% IRS penalty charge and/or surrender charges. Investments in a variable annuity are subject to market risks, including loss of principal. Guarantees are based on the claims-paying ability of the insurer.
VARIABLE ANNUITIES ARE SOLD BY PROSPECTUS ONLY. AN INVESTOR SHOULD CONSIDER THE INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES OF THE INSURANCE CONTRACT AND THE UNDERLYING PORTFOLIO CAREFULLY BEFORE INVESTING. THE PROSPECTUSES CONTAIN THIS AND OTHER IMPORTANT INFORMATION ABOUT THE INSURANCE CONTRACT AND THE UNDERLYING PORTFOLIO. FOR A FREE PROSPECTUS ON THE UNDERLYING PORTFOLIO, PLEASE CLICK ON THE PROSPECTUS LINK. AN INVESTOR SHOULD READ THE PROSPECTUSES CAREFULLY BEFORE INVESTING.
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Important data provider notices and terms available at www.franklintempletondatasources.com.
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.
The Russell 3000 Index measures the performance of the 3,000 largest U.S. companies based on total market capitalization.
Source: FTSE.
Franklin Distributors, LLC. Member FINRA/SIPC. Putnam Investment is a Franklin Templeton company. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the fund are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
FINANCIAL ADVISORS: Please note that not all share classes may be available for sale at your firm. Please call Franklin Templeton at (800) 530-2432 for more information.