Putnam Investments

Name

Putnam Investments

Legal name

Putnam Investment Management, LLC

Website

https://putnam.com

Company type

Private

Founded year

1937

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Product category

Investment Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)

akta.pro secondary industries

Style Equity — Value (Active) (FSAAAIAH), Taft-Hartley / Labor Union & Public Sector Retirement Systems (FSAAAGAK)

Keywords

• Active asset management
• Mutual fund management
• ETF portfolio management
• Institutional sub-advisory
• Equity research investing

Headquarters

HQ city

Boston

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Asset Management Fees: Putnam generates revenue through management fees charged on assets under management across its mutual funds, ETFs, and sub-advisory mandates. The firm earns fees based on a percentage of AUM, typically calculated daily and paid monthly or quarterly.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels3 records

Core offering

Putnam Investments is an active asset management firm that manages investment portfolios for individual and institutional investors. Its product set includes mutual funds, actively managed ETFs (such as the Putnam BDC Income ETF and Putnam Large Cap Value ETF), and institutional sub-advisory mandates across equity, fixed income, and alternative strategies. Following its 2024 acquisition by Franklin Resources Inc., Putnam's strategies are distributed through Franklin Templeton's global platform as well as through third-party wealth platforms and exchange listings.

Product overview

Putnam Investments operates as a diversified investment management firm offering a range of mutual funds, ETFs, and institutional investment strategies. The product portfolio includes proprietary actively managed ETFs such as the Putnam BDC Income ETF (PBDC) and Putnam Large Cap Value ETF (PVAL), alongside sub-advisory relationships with partner asset managers. Following Franklin Templeton's acquisition of Putnam, the firm continues to manage investment strategies across equity, fixed income, and alternative asset classes.

Differentiator

Problem solved

Functional benefit

Brands

• Putnam BDC Income ETF (PBDC): Business Development Company ETF offering yields over 12% from private credit loans, yielding 11.50%.
• Putnam Large Cap Value ETF (PVAL)

Quantifiable outcome

• 14.5% CAGR from November 2016 to March 2025 vs 9.3% Russell 1000 Value Index
• +2 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• Scotia Global Asset ManagementcoreStrategic or Co-development Partner · 11 June 2026Scotia Global Asset Management appointed Putnam Investment Management LLC as sub-adviser for its Scotia Wealth U.S. Large Cap Growth Pool, effective on or around June 25, 2026. The investment objectives of the fund will remain unchanged. This represents a routine administrative change in portfolio management.
• Hargreaves LansdowncoreChannel Partner/ Reseller/ Distributor · 20 October 2025Hargreaves Lansdown added Franklin Templeton's Putnam US Large Cap Value Equity strategy to its HL US fund, expanding access for UK and European investors to Putnam's investment strategy established in 1992 with over $72 billion in assets.

Scale indicators4 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• Nuveen (TIAA): Large diversified asset manager offering active equity, fixed income, and alternatives with a particular strength in income-oriented products — broader in scale than Putnam but overlapping in active value and income-focused product lines.
• BlackRock: Largest global asset manager with both active (e.g., iShares active ETFs) and passive offerings, and broad institutional sub-advisory relationships — a broader incumbent that competes for the same institutional mandates as Putnam.
• Invesco: Global investment manager with significant active ETF and mutual fund franchises (e.g., QQQ), serving both institutional and retail clients — directly overlapping with Putnam's ETF and sub-advisory distribution model.
• Fidelity Investments: Major incumbent asset manager with active equity, income, and ETF products across institutional and retail channels — overlapping with Putnam's full product suite but at materially greater scale and breadth.

Direct peers

• American Funds (Capital Group): Long-tenured active asset manager known for fundamental equity research and multi-manager portfolios, distributing through intermediaries and institutions — closely comparable active-management philosophy and institutional footprint to Putnam.
• Eaton Vance: Active asset manager with comparable strategies in equities and income-producing alternatives (including BDC-related exposure), serving institutional and retail clients — overlapping product set with Putnam's active equity and BDC income strategies.
• Wellington Management: Boston-headquartered, privately held global investment manager with a similar mix of active equity, fixed income, and alternative strategies serving institutional and sub-advisory clients — directly comparable business model and product breadth to Putnam.
• MFS Investment Management: Boston-based active asset manager offering equity, fixed income, and multi-asset strategies to institutional and retail clients globally — a closely comparable peer in size, heritage (founded 1924), and product mix to Putnam.
• Loomis Sayles: Boston-based active asset manager (part of Natixis Investment Managers) with comparable active equity and fixed income strategies distributed to institutional and intermediary clients — a closely comparable regional peer with similar heritage and product focus.
• T. Rowe Price: Long-established active asset manager offering mutual funds, ETFs, and sub-advisory mandates across equity and fixed income strategies, with a comparable institutional and retail distribution model and emphasis on fundamental active management.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/putnamtoday
• Facebookfacebook.com/PutnamInvestments
• LinkedInlinkedin.com/company/putnam-investments

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments20 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Putnam Investments