Putnam Equity Income Fund Quote

PEYAX Fund  USD 34.49  0.40  1.17%   

Performance

28 of 100

 
Low
 
High
Strong

Odds Of Distress

Less than 25

 
100  
 
Zero
Low
Putnam Equity is trading at 34.49 as of the 28th of March 2024; that is 1.17 percent increase since the beginning of the trading day. The fund's open price was 34.09. Putnam Equity has about a 25 % chance of experiencing some form of financial distress in the next two years of operation and had a somewhat strong performance during the last 90 days. Equity ratings for Putnam Equity Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 8th of April 2022 and ending today, the 28th of March 2024. Click here to learn more.
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. Value stocks are issued by companies that the adviser believes are currently undervalued by the market. More on Putnam Equity Income

Moving together with Putnam Mutual Fund

  0.88POGAX Putnam Growth OpportPairCorr
  0.96POVSX Putnam InternationalPairCorr
  0.83PGHAX Putnam Global HealthPairCorr
  0.82PHSRX Putnam Global HealthPairCorr
  0.88PIGWX Putnam Intl ValuePairCorr
  0.78PRCCX Putnam Convertible -gwthPairCorr

Putnam Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Putnam Equity's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Putnam Equity or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationPutnam Funds, Large Value Funds, Large Value, Putnam, Large Value, Large Value (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date28th of February 2023
Fiscal Year EndOctober
Putnam Equity Income [PEYAX] is traded in USA and was established 28th of March 2024. Putnam Equity is listed under Putnam category by Fama And French industry classification. The fund is listed under Large Value category and is part of Putnam family. This fund at this time has accumulated 19.73 B in assets with no minimum investment requirementsPutnam Equity Income is currently producing year-to-date (YTD) return of 10.76% with the current yeild of 0.01%, while the total return for the last 3 years was 11.98%.
Check Putnam Equity Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Putnam Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Putnam Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Putnam Equity Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Putnam Equity Income Mutual Fund Constituents

AEPAmerican Electric PowerStockUtilities
BDXBecton Dickinson AndStockHealth Care
ABBVAbbVie IncStockHealth Care
WMTWalmartStockConsumer Staples
WFCWells FargoStockFinancials
REGNRegeneron PharmaceuticalsStockHealth Care
QCOMQualcomm IncorporatedStockInformation Technology
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Putnam Equity Target Price Odds Analysis

Based on a normal probability distribution, the odds of Putnam Equity jumping above the current price in 90 days from now is near 1%. The Putnam Equity Income probability density function shows the probability of Putnam Equity mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Putnam Equity Income has a beta of -0.1043 indicating as returns on benchmark increase, returns on holding Putnam Equity are expected to decrease at a much lower rate. During the bear market, however, Putnam Equity Income is likely to outperform the market. Additionally, putnam Equity Income has an alpha of 0.1879, implying that it can generate a 0.19 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 34.49HorizonTargetOdds Above 34.49
99.14%90 days
 34.49 
0.84%
Based on a normal probability distribution, the odds of Putnam Equity to move above the current price in 90 days from now is near 1 (This Putnam Equity Income probability density function shows the probability of Putnam Mutual Fund to fall within a particular range of prices over 90 days) .

Putnam Equity Income Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Putnam Equity market risk premium is the additional return an investor will receive from holding Putnam Equity long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Putnam Equity. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Putnam Equity's alpha and beta are two of the key measurements used to evaluate Putnam Equity's performance over the market, the standard measures of volatility play an important role as well.

Putnam Equity Against Markets

Picking the right benchmark for Putnam Equity mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Putnam Equity mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Putnam Equity is critical whether you are bullish or bearish towards Putnam Equity Income at a given time. Please also check how Putnam Equity's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Putnam Equity without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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How to buy Putnam Mutual Fund?

Before investing in Putnam Equity, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Putnam Equity. To buy Putnam Equity fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Putnam Equity. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Putnam Equity fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Putnam Equity Income fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Putnam Equity Income fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Putnam Equity Income, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Putnam Equity Income?

The danger of trading Putnam Equity Income is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Putnam Equity is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Putnam Equity. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Putnam Equity Income is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam Equity Income. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in nation.
Note that the Putnam Equity Income information on this page should be used as a complementary analysis to other Putnam Equity's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Putnam Mutual Fund analysis

When running Putnam Equity's price analysis, check to measure Putnam Equity's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Putnam Equity is operating at the current time. Most of Putnam Equity's value examination focuses on studying past and present price action to predict the probability of Putnam Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Putnam Equity's price. Additionally, you may evaluate how the addition of Putnam Equity to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Putnam Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Equity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.