PEQCX Mutual Fund — Putnam Large Cap Value Fund Class C

Putnam Large Cap Value Fund Class C (PEQCX)

Updated October 16, 2026.

PEQCX is a Mutual Fund. its distribution rate is 3.97%, its trailing-12-month yield is 3.97%, its expense ratio is 1.60%. Dividend Vision Distribution Safety Score™ is 41/100 (Caution). Total return is 844.3% over the past 25.1 years, 86.4 points behind SPY at 930.7%.

Putnam Large Cap Value Fund Class C is a mutual fund investing primarily in undervalued large-cap U.S. common stocks selected for potential capital growth, current income, or both. The fund carries a modest expense ratio of 1.60% and distributes quarterly, with a very low current distribution rate. It appeals to value-oriented investors seeking exposure to large-cap equities with an income component.

PEQCX performance versus SPY

Price and return data through 2026-10-16.

Total return is 844.3% over the past 25.1 years, 86.4 points behind SPY at 930.7%. Over the past year its total return — price change plus distributions reinvested — is 24.1%. Its deepest 1-year drawdown was 7.3%.

PEQCX key facts

Distribution Safety Score™

41 · Caution

Safety-Adjusted Yield

1.63%

Issuer

Putnam

Asset type

Mutual Fund

Asset class

Equity

Inception date

06/15/1977

Expense ratio

1.60%

Distribution rate

3.97%

Distribution frequency

Quarterly

Trailing yield

3.97%

Last close

$44.61 (as of 2026-10-16)

NAV

$43.48 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-16, NAV 2026-09-30) (NAV stale)

AUM

$55,207,740,000

Average volume

0.0

Dividend

$0.032

Ex-dividend date

07/20/2026

Beta

0.68

How Dividend Vision calculates yield and returns

Distribution rate (3.97%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (3.97%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Putnam; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PEQCX risks and drawbacks

PEQCX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.3%.

Who may consider PEQCX — and who may not

PEQCX may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors who need monthly cash flow (PEQCX pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

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Frequently asked questions

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