Putnam Convertible Securities Fund Class Y (PCGYX)
| Fund Assets | 525.45M |
| Expense Ratio | 0.78% |
| Min. Investment | $500 |
| Turnover | 61.00% |
| Dividend (ttm) | 0.85 |
| Dividend Yield | 2.96% |
| Dividend Growth | 91.84% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 22, 2025 |
| Previous Close | 28.38 |
| YTD Return | 5.70% |
| 1-Year Return | 11.93% |
| 5-Year Return | 10.47% |
| 52-Week Low | 22.63 |
| 52-Week High | 29.08 |
| Beta (5Y) | n/a |
| Holdings | 111 |
| Inception Date | Dec 30, 1998 |
About PCGYX
Putnam Convertible Securities Fund Class Y is a mutual fund focused on providing current income and capital appreciation, with a secondary goal of preserving capital. This fund primarily invests in convertible securities—hybrid instruments that offer features of both bonds and stocks—issued by mid-sized and large U.S. companies. Such securities provide investors with the potential for income through interest payments as well as participation in the potential upside of equity markets. Managed by Putnam Investment Management since its inception in June 1972, the fund follows a disciplined approach, typically allocating at least 80% of its net assets to equity investments. With a diversified portfolio that recently included 99 holdings, the fund aims to capitalize on the unique risk-return profile of convertible securities. Investors receive quarterly dividend distributions and, if applicable, annual capital gains. The fund is designed for those seeking a strategic blend of income generation, capital growth, and moderate risk, making it a distinctive vehicle within the hybrid securities segment of the financial market.
Performance
PCGYX had a total return of 11.93% in the past year, including dividends. Since the fund's inception, the average annual return has been 13.64%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class Z | 0.55% |
| FTCVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class M | 1.19% |
| FCCVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class C | 1.71% |
| FICVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class I | 0.68% |
| FACVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class A | 0.94% |
Top 10 Holdings
21.71% of assets| Name | Symbol | Weight |
|---|---|---|
| Lumentum Holdings Inc. 0.375% | LITE.0.375 03.15.32 | 3.60% |
| Cash And Equivalents | n/a | 3.05% |
| Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | BA.6 10.15.27 | 2.33% |
| NextEra Energy Capital Holdings Inc 3% | NEE.3 03.01.27 | 2.18% |
| Seagate HDD Cayman 3.5% | STX.3.5 06.01.28 | 1.94% |
| Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | BAC.7.25 PERP L | 1.93% |
| Strategy Inc. 0% | MSTR.0 03.01.30 | 1.92% |
| Guidewire Software Inc 1.25% | GWRE.1.25 11.01.29 | 1.79% |
| Wayfair Inc 3.25% | W.3.25 09.15.27 | 1.52% |
| Snowflake Inc 0% | SNOW.0 10.01.27 | 1.45% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $0.0701 | Dec 22, 2025 |
| Oct 20, 2025 | $0.2136 | Oct 20, 2025 |
| Jul 21, 2025 | $0.2493 | Jul 21, 2025 |
| Mar 6, 2025 | $0.313 | Mar 6, 2025 |
| Dec 6, 2024 | $0.155 | Dec 10, 2024 |
| Sep 6, 2024 | $0.098 | Sep 10, 2024 |