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Putnam U.S. Large Cap Value Equity Concentrated SMA

As of 09/30/2025

Year to Date Returns (Net)

14.12%

 
 

Year to Date Returns (Gross)

15.82%

 

Overview

Investment Overview

A multidimensional approach to value investing

 

  • Relative value approach - Defines the value universe daily with fundamental and quantitative tools to identify unique value opportunities
  • Focus on cash flows - Puts distinct emphasis on companies able and willing to return cash to shareholders, and focuses on future cash flows instead of earnings to evaluate value creation
  • Disciplined risk management - Utilizes proprietary tools to maximize stock-specific risk and limit unintended factor risks, seeking alpha over a full market cycle

No assurance can be given that the investment objective will be achieved or that an investor will receive a return of all or part of his or her investment. Actual results could be materially different from the stated goals. Investors should carefully consider the risk involved before deciding to invest. As with any investment, there is a potential for profit as well as the possibility of loss.

Portfolio Managers

Darren Jaroch, CFA®

Massachusetts, United States

Managed Fund Since 2016

Lauren DeMore, CFA®

Massachusetts, United States

Managed Fund Since 2016

Performance

Portfolio

Portfolio Holdings

Top Equity Issuers

As of 10/31/2025 Updated Monthly

Chart

Bar chart with 10 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 2.88903 to 4.1977.
End of interactive chart.
Fund
Citigroup 4.20%
Walmart 3.70%
Cisco Systems 3.66%
Alphabet 3.43%
Exxon Mobil 3.21%
Microsoft 3.16%
Bank of America 3.06%
Amazon 2.98%
McKesson 2.97%
American International Group 2.89%

Documents

Product Literature

PDF Format

Factsheet - PRIMERICA - Putnam U.S. Large Cap Value Equity Concentrated SMA

PDF Format

Product Commentary - PRIMERICA - Putnam U.S. Large Cap Value Equity Concentrated SMA

PDF Format

Brochure - A multidimensional approach to value investing - Putnam U.S. Large Cap Value Equity Concentrated (For Primerica Use Only)

PDF Format

Pitchbook - PRIMERICA - Putnam U.S. Large Cap Value Equity Concentrated SMA

Mailed hardcopies unavailable.

Risks

What Are The Key Risks?

All investments involve risks, including possible loss of principal.

The investment style may become out of favor, which may have a negative impact on performance. To the extent the portfolio invests in a concentration of certain securities, regions or industries, it is subject to increased volatility. The portfolio is 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.

This website is intended for Primerica.