Putnam Investments
- Company typePrivate
- Founded1937
- HeadquartersBoston, United States
- Headcount1,001–5,000
- GTM typeB2B and B2C
- OfferingServices
Putnam Investments firmographics
Firmographics- 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
Putnam Investments industry classification
Industry- 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
Where Putnam Investments is headquartered
LocationHeadquarters
- HQ city
- Boston
- HQ country
- United States
- HQ region
- North America
Markets served
Putnam Investments business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- 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
| Model | Billing | Price |
|---|---|---|
| Other | Annual | BDC Income ETF (PBDC) expense ratio of 0.13% |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels3 records
Putnam Investments product offering
Product offeringCore 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
Companies that use Putnam Investments
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
Putnam Investments technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Putnam Investments partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- Scotia Global Asset ManagementcoreScotia 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 LansdowncoreHargreaves 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
Putnam Investments competitors and assessment
Company assessmentBroad 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
Putnam Investments social profiles
Digital presencePutnam Investments financial estimates
Financial estimateRevenue estimate
Valuation estimate
Putnam Investments leadership team
Management profileNumber of profiles
Profiles7 records
Putnam Investments funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Putnam Investments M&A and investment
M&A and investmentM&A
Investments20 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Putnam Investments
What does Putnam Investments do?
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.
Is Putnam Investments a public or private company?
Putnam Investments is a private company. It is classified as corporate owned and is currently operating.
When was Putnam Investments founded?
Putnam Investments was founded in 1937. It employs 1,001 to 5,000 people.
Where is Putnam Investments based?
Putnam Investments is headquartered in Boston, United States, in the North America region.
How does Putnam Investments make money?
One revenue line is on record: asset Management Fees.
Who are Putnam Investments's main competitors?
Broad incumbents on record are Nuveen (TIAA), BlackRock, Invesco and Fidelity Investments. Direct peers are American Funds (Capital Group), Eaton Vance, Wellington Management, MFS Investment Management, Loomis Sayles and T. Rowe Price.
Does Putnam Investments have an API?
No public API is recorded for Putnam Investments.
What industry is Putnam Investments in?
Putnam Investments's product category is Investment Management. Its primary akta.pro industry code is FSAAACAG, Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions), with a secondary code of FSAAAIAH, Style Equity — Value (Active). Its NAICS code is 523940 and its SIC code is 6282.