PVAL: Historical Outperformance May Not Continue

Core Viewpoint - The Putnam Focused Large Cap Value ETF (PVAL) is an actively managed ETF that offers investors exposure to U.S. large cap value stocks, launched in May 2021 with net assets of $6.9 billion and a net expense ratio of 0.55% [1] Summary by Category Fund Overview - PVAL is designed to provide exposure to large cap value stocks in the U.S. market [1] - The ETF was launched in May 2021 and currently has net assets totaling $6.9 billion [1] - The fund has a net expense ratio of 0.55%, indicating the cost of managing the ETF [1]