George Putnam Balanced Fund (PGEMX)
| Fund Assets | 2.24B |
| Expense Ratio | 1.43% |
| Min. Investment | $500 |
| Turnover | 80.00% |
| Dividend (ttm) | 1.02 |
| Dividend Yield | 3.62% |
| Dividend Growth | 385.74% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jul 21, 2025 |
| Previous Close | 27.07 |
| YTD Return | 7.94% |
| 1-Year Return | 15.14% |
| 5-Year Return | 55.82% |
| 52-Week Low | 22.53 |
| 52-Week High | 27.08 |
| Beta (5Y) | n/a |
| Holdings | 729 |
| Inception Date | Dec 1, 1994 |
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.
Performance
PGEMX had a total return of 15.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.17%.
Top 10 Holdings
28.80% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation | MSFT | 5.20% |
| NVIDIA Corporation | NVDA | 4.81% |
| Amazon.com, Inc. | AMZN | 3.14% |
| Apple Inc. | AAPL | 2.89% |
| Net Cash | n/a | 2.71% |
| Meta Platforms, Inc. | META | 2.20% |
| Broadcom Inc. | AVGO | 2.13% |
| Alphabet Inc. | GOOGL | 2.12% |
| United States Treasury Notes | T.2.375 03.31.29 | 1.84% |
| United States Treasury Notes | T.4.25 06.30.29 | 1.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 21, 2025 | $0.0422 | Jul 21, 2025 |
| Feb 26, 2025 | $0.060 | Feb 28, 2025 |
| Nov 26, 2024 | $0.913 | Nov 29, 2024 |
| Aug 28, 2024 | $0.054 | Aug 30, 2024 |
| May 28, 2024 | $0.058 | May 30, 2024 |
| Feb 27, 2024 | $0.048 | Feb 29, 2024 |