Putnam Convertible Securities Fund Class I (PCNIX)
| Fund Assets | 525.45M |
| Expense Ratio | 0.68% |
| Min. Investment | $0.00 |
| Turnover | 61.00% |
| Dividend (ttm) | 0.87 |
| Dividend Yield | 3.04% |
| Dividend Growth | 87.33% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 22, 2025 |
| Previous Close | 28.47 |
| YTD Return | 5.72% |
| 1-Year Return | 12.03% |
| 5-Year Return | -13.08% |
| 52-Week Low | 22.68 |
| 52-Week High | 29.17 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About PCNIX
Putnam Convertible Securities Fund Class I is a mutual fund that primarily invests in convertible securities issued by U.S. companies. Convertible securities are unique financial instruments that combine features of both bonds and equities, offering the potential for regular income along with the opportunity for capital appreciation. The fund’s objective is to achieve a balanced approach, placing equal emphasis on generating current income and realizing long-term capital gains, with a secondary focus on capital preservation. By allocating assets mainly to convertible bonds, the fund positions itself to participate in the growth of underlying equities while benefiting from the downside protection and income characteristics of fixed-income investments. Its portfolio spans diverse sectors, with notable allocations to financial services, technology, and utilities among its top holdings. This structure enables the fund to play a distinctive role in multi-asset portfolios, often serving as a diversifying component that can help manage volatility and offer an alternative to traditional equity or bond funds.
Performance
PCNIX had a total return of 12.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.57%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $0.0753 | Dec 22, 2025 |
| Oct 20, 2025 | $0.219 | Oct 20, 2025 |
| Jul 21, 2025 | $0.2568 | Jul 21, 2025 |
| Mar 6, 2025 | $0.320 | Mar 6, 2025 |
| Dec 6, 2024 | $0.161 | Dec 10, 2024 |
| Sep 6, 2024 | $0.104 | Sep 10, 2024 |