George Putnam Balanced Fund Class R5 (PGELX)
| Fund Assets | 2.41B |
| Expense Ratio | 0.69% |
| Min. Investment | $500 |
| Turnover | 97.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 1.64% |
| Dividend Growth | -59.44% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jul 20, 2026 |
| Previous Close | 29.02 |
| YTD Return | 6.64% |
| 1-Year Return | 14.38% |
| 5-Year Return | 53.26% |
| 52-Week Low | 26.35 |
| 52-Week High | 29.78 |
| Beta (5Y) | 0.63 |
| Holdings | 765 |
| 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 14.38% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.78%.
Top 10 Holdings
30.44% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 3.875% | T.3.875 03.31.28 | 5.19% |
| Apple Inc. | AAPL | 4.18% |
| NVIDIA Corporation | NVDA | 3.64% |
| Microsoft Corporation | MSFT | 3.45% |
| Alphabet Inc. | GOOGL | 3.30% |
| Putnam Fds Tr | n/a | 2.58% |
| Amazon.com, Inc. | AMZN | 2.52% |
| Lam Research Corporation | LRCX | 2.16% |
| United States Treasury Bonds 4.625% | T.4.625 02.15.46 | 1.71% |
| United States Treasury Notes 2.375% | T.2.375 03.31.29 | 1.70% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 20, 2026 | $0.1229 | Jul 20, 2026 |
| Apr 20, 2026 | $0.1152 | Apr 20, 2026 |
| Dec 22, 2025 | $0.1228 | Dec 22, 2025 |
| Oct 20, 2025 | $0.1137 | Oct 20, 2025 |
| Jul 21, 2025 | $0.1062 | Jul 21, 2025 |
| Feb 26, 2025 | $0.106 | Feb 28, 2025 |