Putnam Convertible Securities Fund Class R6 Shares (PCNTX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
24.71
-0.08 (-0.32%)
Mar 7, 2025, 9:50 AM EST
6.14% (1Y)
| Fund Assets | 751.33M |
| Expense Ratio | 0.72% |
| Min. Investment | $500 |
| Turnover | n/a |
| Dividend (ttm) | 0.58 |
| Dividend Yield | 2.37% |
| Dividend Growth | 72.46% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 6, 2025 |
| Previous Close | 24.79 |
| YTD Return | -3.70% |
| 1-Year Return | 7.68% |
| 5-Year Return | 60.52% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 94 |
| Inception Date | May 22, 2018 |
About PCNTX
The Fund's investment strategy focuses on Convertible Secs with 0.72% total expense ratio. The minimum amount to invest in Putnam Convertible Securities Fund; Class R6 Shares is $500 on a standard taxable account. Putnam Convertible Securities Fund; Class R6 Shares seeks, with equal emphasis, current income and capital appreciation. Its secondary objective is conservation of capital. PCNTX invests mainly in convertible securities of U.S. companies. Convertible securities are bonds, preferred stocks or other instruments that can be converted into common stock.
Category Convertibles
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PCNTX
Index ICE BofA All Convertibles/Qlt TR
Performance
PCNTX had a total return of 7.68% in the past year. Since the fund's inception, the average annual return has been 11.21%, including dividends.
Top 10 Holdings
22.98% of assets| Name | Symbol | Weight |
|---|---|---|
| Net Cash | n/a | 3.65% |
| Apollo Global Management Inc 6.75% PRF CONVERT 31/07/2026 USD 50 - Ser A | APO 6.75 07.31.26 | 2.91% |
| Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | BA 6 10.15.27 | 2.62% |
| Guidewire Software Inc 1.25% | GWRE 1.25 11.01.29 | 2.23% |
| MicroStrategy Incorporated 0% | MSTR 0 12.01.29 | 2.00% |
| Ares Management Corp 6.75% PRF PERPETUAL USD 50 - Ser B | ARES 6.75 10.01.27 B | 1.97% |
| NextEra Energy Inc Unit ( 6.926% Corporate Units 01/09/2025) | NEE 6.926 09.01.25 | 1.95% |
| Axon Enterprise Inc 0.5% | AXON 0.5 12.15.27 | 1.95% |
| Seagate HDD Cayman 3.5% | STX 3.5 06.01.28 | 1.86% |
| Hewlett Packard Enterprise Co 7.625% PRF CONVERT 01/09/2027 USD 50 - Ser C | HPE 7.625 09.01.27 | 1.84% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 6, 2025 | $0.214 | Mar 6, 2025 |
| Dec 6, 2024 | $0.159 | Dec 10, 2024 |
| Sep 6, 2024 | $0.102 | Sep 10, 2024 |
| Jun 6, 2024 | $0.101 | Jun 10, 2024 |
| Mar 7, 2024 | $0.094 | Mar 11, 2024 |
| Dec 7, 2023 | $0.094 | Dec 11, 2023 |