Putnam Convertible Securities Fund Class R6 Shares (PCNTX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
26.43
-0.10 (-0.38%)
Feb 7, 2025, 4:00 PM EST
13.19%
Fund Assets 751.33M
Expense Ratio 0.73%
Min. Investment $500
Turnover n/a
Dividend (ttm) 0.46
Dividend Yield 1.72%
Dividend Growth 50.99%
Payout Frequency Quarterly
Ex-Dividend Date Dec 6, 2024
Previous Close 26.53
YTD Return 3.00%
1-Year Return 15.30%
5-Year Return 51.82%
52-Week Low n/a
52-Week High n/a
Beta (5Y) n/a
Holdings 96
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 15.30% in the past year. Since the fund's inception, the average annual return has been 12.59%, including dividends.

Top 10 Holdings

21.05% of assets
Name Symbol Weight
Apollo Global Management Inc 6.75% PRF CONVERT 31/07/2026 USD 50 - Ser A APO 6.75 07.31.26 3.09%
Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A BA 6 10.15.27 2.79%
Net Cash n/a 2.19%
NextEra Energy Inc Unit ( 6.926% Corporate Units 01/09/2025) NEE 6.926 09.01.25 1.95%
Hewlett Packard Enterprise Co 7.625% PRF CONVERT 01/09/2027 USD 50 - Ser C HPE 7.625 09.01.27 1.92%
Axon Enterprise Inc 0.5% AXON 0.5 12.15.27 1.91%
Guidewire Software Inc 1.25% GWRE 1.25 11.01.29 1.90%
Microstrategy Incorporated 0% MSTR 0 12.01.29 1.78%
ON Semiconductor Corp. 0.5% ON 0.5 03.01.29 1.76%
Datadog Inc 0% DDOG 0 12.01.29 1.76%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
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
Sep 7, 2023 $0.073 Sep 11, 2023
Full Dividend History