Putnam Focused Large Cap Value ETF (PVAL)

Putnam Focused Large Cap Value ETF (PVAL) is an exchange-traded fund in the Large Value category. It has $15.01B in assets, an expense ratio of 0.55% and a 0.68% dividend yield. The fund invests mainly in common stocks of U.S. companies, with a focus on value stocks that offer the potential for capital growth, current income, or both. Under normal circumstances, the fund invests at least 80% of the fund’s net assets in large-cap companies, which, for purposes of this policy, are of a size similar to those in the Russell 1000 Value Index. The fund may also invest in midsize companies.