Putnam Convertible Securities Fund Class C (PRCCX)

Fund Assets	537.40M
Expense Ratio	1.739%
Min. Investment	$500
Turnover	88.00%
Dividend (ttm)	0.14
Dividend Yield	0.49%
Dividend Growth	185.20%
Payout Frequency	n/a
Ex-Dividend Date	Dec 22, 2025

Previous Close	28.37
YTD Return	7.54%
1-Year Return	4.73%
5-Year Return	15.20%
52-Week Low	26.23
52-Week High	32.57
Beta (5Y)	0.77
Holdings	111
Inception Date	Jun 29, 1972

About PRCCX

Putnam Convertible Securities Fund Class C is a mutual fund primarily focused on investing in convertible securities of U.S. companies. Convertible securities are unique financial instruments that blend characteristics of both bonds and stocks, providing investors with interest income while also offering the potential for equity-like appreciation. The fund’s main objective is to achieve capital preservation and growth by holding a diversified portfolio of these hybrid assets, which can convert into common stock under designated conditions. This fund plays a significant role in markets by offering exposure to sectors where companies frequently issue convertible bonds, such as technology, healthcare, and consumer industries. It is designed for investors seeking a balance of income generation and capital appreciation with lower volatility than pure equity investments. The fund distributes dividends quarterly and manages assets totaling over $600 million. By investing primarily in U.S. convertible bonds, the fund aims to provide a risk-adjusted return profile that can appeal to those who want diversification beyond traditional stock or bond funds while maintaining the flexibility to participate in the upside of underlying equities.

• Fund Family: Franklin Templeton, Inc
• Category: Convertibles
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PRCCX
• Index: ICE BofA All Convertibles/Qlt TR

Performance

PRCCX had a total return of 4.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.70%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FIQVX	Fidelity	Fidelity Advisor Convertible Secs Z	0.55%
FTCVX	Fidelity	Fidelity Advisor Convertible Secs M	1.20%
FCCVX	Fidelity	Fidelity Advisor Convertible Secs C	1.71%
FICVX	Fidelity	Fidelity Advisor Convertible Secs I	0.67%
FACVX	Fidelity	Fidelity Advisor Convertible Secs A	0.95%

Top 10 Holdings

21.49% of assets

Name	Symbol	Weight
Lumentum Holdings Inc. 0.375%	LITE.0.375 03.15.32	2.73%
Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A	BA.6 10.15.27	2.37%
Putnam Fds Tr	n/a	2.32%
Alphabet Inc PRF PERPETUAL USD 1000 - 1/20th Int Ser A	GOOGL.6.25 05.15.29 A	2.26%
Alphabet Inc PRF PERPETUAL USD 1000 - 1/20th Int Ser B	GOOGL.6.25 05.15.29 B	2.25%
Snowflake Inc 0%	SNOW.0 10.01.29	2.12%
NextEra Energy Inc Unit (Corporate Units 15/02/2029)	NEE.7.375 02.15.29	2.04%
Oracle Corp FR PRF PERPETUAL USD - DpSh 1/2000 Prf Sr D	ORCL.6.5 01.15.29 D	1.85%
Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L-	BAC.7.25 PERP L	1.83%
Western Digital Corp. 3%	WDC.3 11.15.28	1.70%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 22, 2025	$0.9814	Dec 22, 2025
Oct 20, 2025	$0.1407	Oct 20, 2025
Jul 21, 2025	$0.1683	Jul 21, 2025
Mar 6, 2025	$0.250	Mar 6, 2025
Dec 6, 2024	$0.090	Dec 10, 2024
Sep 6, 2024	$0.038	Sep 10, 2024

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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