About PGEMX
George Putnam Balanced Fund Class M is a balanced mutual fund that invests primarily in a mix of bonds and common stocks, with an emphasis on large U.S. companies. Its strategy seeks to blend growth and value equity holdings with high-quality bonds, aiming to provide investors with both capital appreciation and income, while generally targeting lower portfolio volatility compared to purely equity funds. Notable holdings include major technology and consumer companies such as Microsoft, Apple, NVIDIA, and Amazon, reflecting a concentration in large-cap stocks within the equity allocation. The fund maintains moderate credit quality and interest rate sensitivity in its bond selections, supporting its goal of diversification and balanced risk. With a long-standing history and substantial total assets, the George Putnam Balanced Fund Class M plays a significant role for investors seeking a diversified, core portfolio fund that balances the growth potential of stocks with the stability offered by fixed-income securities.
Fund Family Franklin Templeton Investments
Category Allocation--50% to 70% Equity
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PGEMX
Share Class Class M Shares
Index Bloomberg Municipal Short 1-5 Y TR
PGEMX had a total return of 9.74% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.20%.
