George Putnam Balanced Fund (PGELX)
| Fund Assets | 2.31B |
| Expense Ratio | 0.71% |
| Min. Investment | $500 |
| Turnover | 97.00% |
| Dividend (ttm) | 1.17 |
| Dividend Yield | 4.06% |
| Dividend Growth | 212.05% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jul 21, 2025 |
| Previous Close | 28.51 |
| YTD Return | 10.81% |
| 1-Year Return | 14.10% |
| 5-Year Return | 62.18% |
| 52-Week Low | 23.37 |
| 52-Week High | 29.02 |
| Beta (5Y) | n/a |
| Holdings | 736 |
| Inception Date | Dec 2, 2013 |
About PGELX
George Putnam Balanced Fund Class R5 is an actively managed mutual fund designed to pursue a blend of capital growth and current income while emphasizing preservation of capital. It invests across a diversified mix of equities and fixed income, generally maintaining a balanced allocation that situates it within the 50%–70% equity category. The strategy seeks to harness equity market appreciation alongside bond income and diversification benefits, resulting in a measured risk profile supported by broad security selection and multi-sector exposure. The fund’s long-term record reflects competitive risk-adjusted outcomes, assessed by independent research providers that note its durable performance profile over full cycles. Investors access a professionally managed portfolio with ongoing rebalancing, quarterly income distributions, and a moderate expense structure tailored for retirement and institutional platforms. With hundreds of holdings and a history dating back to 2013 for this share class, George Putnam Balanced Fund Class R5 plays a role as a core balanced allocation, aiming to provide a steady experience through varying market environments by combining blue-chip and growth-oriented equities with investment-grade bonds and other high-quality fixed income instruments.
Performance
PGELX had a total return of 14.10% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.61%.
Top 10 Holdings
27.65% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 4.75% |
| NVIDIA Corporation | NVDA | 4.49% |
| Apple Inc. | AAPL | 3.09% |
| Amazon.com, Inc. | AMZN | 2.96% |
| Net Cash | n/a | 2.37% |
| Alphabet Inc. | GOOGL | 2.26% |
| Broadcom Inc. | AVGO | 2.13% |
| Meta Platforms, Inc. | META | 2.02% |
| United States Treasury Notes 2.375% | T.2.375 03.31.29 | 1.84% |
| United States Treasury Notes 4.25% | T.4.25 06.30.29 | 1.74% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 21, 2025 | $0.1062 | Jul 21, 2025 |
| Feb 26, 2025 | $0.106 | Feb 28, 2025 |
| Nov 26, 2024 | $0.958 | Nov 29, 2024 |
| Aug 28, 2024 | $0.100 | Aug 30, 2024 |
| May 28, 2024 | $0.099 | May 30, 2024 |
| Feb 27, 2024 | $0.088 | Feb 29, 2024 |