PEYAX: A Large-Cap Value MF Worth Considering

(9min)

Summary

  • I recommend the Putnam Large Cap Value Fund A with a Buy rating due to it providing better results than a top-rated LCV ETF.
  • PEYAX's strategy includes a relative value approach, dividend growth focus, and disciplined risk management, making it a robust investment choice.
  • PEYAX outperforms the Fidelity High Dividend ETF in yield, despite higher fees, and offers diversified sector holdings.
  • Investors should note PEYAX's quarterly income dividends and December capital gains distributions, especially for taxable accounts.
  • Looking for more investing ideas like this one? Get them exclusively at iREIT®+HOYA Capital. Learn More »

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Introduction

My recent article on the Fidelity Equity-Income Fund (FEQIX) gave that mutual fund a Sell rating, with the suggestion that the Putnam Large Cap Value Fund A (MUTF:PEYAX) was a

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This article was written by

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Retired Investor has been investing since the 1980s and has a background in data analysis and pension fund management. He writes articles to help others prepare for retirement by investing in CEFs, ETFs, BDCs, and REITs. He is a long only investor and shares strategies for trading options with a focus on cash-secured-puts.

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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