Putnam Convertible Securities Fund - Putnam Convertible Securities Fund USD Cls C
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$22.73
$751 M
0.55%
$0.12
1.76%
Vitals
YTD Return
0.8%
1 yr return
8.3%
3 Yr Avg Return
-2.8%
5 Yr Avg Return
7.2%
Net Assets
$751 M
Holdings in Top 10
22.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.76%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 78.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$22.73
$751 M
0.55%
$0.12
1.76%
PRCCX - Profile
Distributions
- YTD Total Return 0.8%
- 3 Yr Annualized Total Return -2.8%
- 5 Yr Annualized Total Return 7.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.41%
- Dividend Yield 0.5%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NamePutnam Convertible Securities Fund - Putnam Convertible Securities Fund USD Cls C
-
Fund Family NamePutnam
-
Inception DateJan 16, 2008
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerRobert Salvin
Fund Description
PRCCX - Performance
Return Ranking - Trailing
Period | PRCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.8% | -3.6% | 3.2% | 61.73% |
1 Yr | 8.3% | -8.8% | 13.0% | 67.90% |
3 Yr | -2.8%* | -17.5% | 1.1% | 63.75% |
5 Yr | 7.2%* | -7.2% | 10.8% | 67.11% |
10 Yr | 6.4%* | -1.2% | 9.8% | 68.33% |
* Annualized
Return Ranking - Calendar
Period | PRCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 8.9% | -7.7% | 13.1% | 27.71% |
2022 | -19.9% | -37.8% | -9.7% | 50.00% |
2021 | -18.6% | -18.9% | 2.4% | 92.68% |
2020 | 29.3% | 5.8% | 54.0% | 55.13% |
2019 | 15.2% | 9.9% | 24.4% | 55.13% |
Total Return Ranking - Trailing
Period | PRCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.8% | -3.6% | 3.2% | 61.73% |
1 Yr | 8.3% | -8.8% | 13.0% | 67.90% |
3 Yr | -2.8%* | -17.5% | 1.1% | 63.75% |
5 Yr | 7.2%* | -7.2% | 10.8% | 67.11% |
10 Yr | 6.4%* | -1.2% | 9.8% | 68.33% |
* Annualized
Total Return Ranking - Calendar
Period | PRCCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 9.2% | -7.7% | 15.3% | 42.17% |
2022 | -19.2% | -37.8% | -9.7% | 53.66% |
2021 | 3.3% | -12.2% | 11.3% | 58.54% |
2020 | 43.9% | 5.8% | 64.4% | 53.85% |
2019 | 23.4% | 12.2% | 28.7% | 53.85% |
NAV & Total Return History
PRCCX - Holdings
Concentration Analysis
PRCCX | Category Low | Category High | PRCCX % Rank | |
---|---|---|---|---|
Net Assets | 751 M | 17.5 M | 3.69 B | 45.78% |
Number of Holdings | 134 | 40 | 381 | 14.46% |
Net Assets in Top 10 | 167 M | 4.72 M | 669 M | 56.63% |
Weighting of Top 10 | 22.26% | 9.5% | 50.5% | 53.01% |
Top 10 Holdings
- Broadcom Inc 3.21%
- Pioneer Natural Resources Company 0.25% 3.03%
- Palo Alto Networks Inc 0.375% 2.88%
- NextEra Energy Inc Unit (4.872% Equity Units Due 09/01/2022) 2.64%
- EQT Corporation 1.75% 2.46%
- NextEra Energy Inc Unit 2.25%
- Microchip Technology Incorporated 1.62% 2.07%
- Southwest Airlines Co. 1.25% 1.99%
- Palo Alto Networks Inc 0.38% 1.87%
- Danaher Corp 5% PRF PERPETUAL USD 1000 - Ser B 1.86%
Asset Allocation
Weighting | Return Low | Return High | PRCCX % Rank | |
---|---|---|---|---|
Convertible Bonds | 71.65% | 37.15% | 110.54% | 75.90% |
Preferred Stocks | 12.59% | 0.00% | 22.50% | 9.64% |
Stocks | 9.69% | 0.00% | 23.09% | 8.43% |
Cash | 5.70% | -78.94% | 8.82% | 21.69% |
Bonds | 0.37% | 0.00% | 100.75% | 95.18% |
Other | 0.00% | -17.11% | 1.27% | 39.76% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PRCCX % Rank | |
---|---|---|---|---|
Utilities | 62.23% | 0.00% | 100.00% | 54.05% |
Healthcare | 8.64% | 0.00% | 20.31% | 32.43% |
Financial Services | 8.45% | 0.00% | 20.48% | 16.22% |
Technology | 6.18% | 0.00% | 23.73% | 13.51% |
Consumer Defense | 5.25% | 0.00% | 25.78% | 16.22% |
Consumer Cyclical | 4.81% | 0.00% | 24.79% | 12.16% |
Industrials | 4.43% | 0.00% | 23.08% | 37.84% |
Real Estate | 0.00% | 0.00% | 27.87% | 39.19% |
Energy | 0.00% | 0.00% | 40.56% | 51.35% |
Communication Services | 0.00% | 0.00% | 100.00% | 43.24% |
Basic Materials | 0.00% | 0.00% | 24.08% | 48.65% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PRCCX % Rank | |
---|---|---|---|---|
US | 9.69% | 0.00% | 22.42% | 8.43% |
Non US | 0.00% | 0.00% | 1.55% | 42.17% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PRCCX % Rank | |
---|---|---|---|---|
Corporate | 93.69% | 91.11% | 100.00% | 86.75% |
Cash & Equivalents | 6.31% | 0.00% | 8.82% | 15.66% |
Derivative | 0.00% | 0.00% | 0.22% | 37.35% |
Securitized | 0.00% | 0.00% | 0.00% | 30.12% |
Municipal | 0.00% | 0.00% | 0.00% | 30.12% |
Government | 0.00% | 0.00% | 2.94% | 34.94% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PRCCX % Rank | |
---|---|---|---|---|
US | 0.37% | 0.00% | 100.75% | 95.18% |
Non US | 0.00% | 0.00% | 19.91% | 40.96% |
PRCCX - Expenses
Operational Fees
PRCCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.76% | 0.20% | 3.16% | 20.48% |
Management Fee | 0.61% | 0.20% | 1.23% | 34.15% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 80.00% |
Administrative Fee | N/A | 0.04% | 0.15% | N/A |
Sales Fees
PRCCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 5.00% | 42.86% |
Trading Fees
PRCCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | 52.63% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
PRCCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 78.00% | 30.00% | 154.00% | 50.68% |
PRCCX - Distributions
Dividend Yield Analysis
PRCCX | Category Low | Category High | PRCCX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.55% | 0.00% | 4.33% | 87.95% |
Dividend Distribution Analysis
PRCCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Quarterly | Monthly | Quarterly |
Net Income Ratio Analysis
PRCCX | Category Low | Category High | PRCCX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.41% | -3.72% | 3.69% | 80.49% |
Capital Gain Distribution Analysis
PRCCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 11, 2024 | $0.031 | OrdinaryDividend |
Dec 11, 2023 | $0.036 | OrdinaryDividend |
Sep 11, 2023 | $0.013 | OrdinaryDividend |
Jun 12, 2023 | $0.013 | OrdinaryDividend |
Mar 10, 2023 | $0.004 | OrdinaryDividend |
Dec 12, 2022 | $0.188 | OrdinaryDividend |
Sep 30, 2020 | $0.027 | OrdinaryDividend |
Jun 30, 2020 | $0.046 | OrdinaryDividend |
Mar 30, 2020 | $0.045 | OrdinaryDividend |
Sep 30, 2019 | $0.045 | OrdinaryDividend |
Jun 28, 2019 | $0.074 | OrdinaryDividend |
Mar 29, 2019 | $0.076 | OrdinaryDividend |
Sep 28, 2018 | $0.070 | OrdinaryDividend |
Jun 29, 2018 | $0.068 | OrdinaryDividend |
Mar 29, 2018 | $0.074 | OrdinaryDividend |
Sep 29, 2017 | $0.072 | OrdinaryDividend |
Jun 30, 2017 | $0.071 | OrdinaryDividend |
Mar 30, 2017 | $0.075 | OrdinaryDividend |
Dec 30, 2016 | $0.075 | OrdinaryDividend |
Sep 30, 2016 | $0.076 | OrdinaryDividend |
Jun 30, 2016 | $0.076 | OrdinaryDividend |
Mar 30, 2016 | $0.081 | OrdinaryDividend |
Sep 30, 2015 | $0.075 | OrdinaryDividend |
Jun 30, 2015 | $0.081 | OrdinaryDividend |
Mar 30, 2015 | $0.082 | OrdinaryDividend |
Sep 30, 2014 | $0.097 | OrdinaryDividend |
Jun 30, 2014 | $0.097 | OrdinaryDividend |
Mar 28, 2014 | $0.099 | OrdinaryDividend |
Dec 30, 2013 | $0.101 | OrdinaryDividend |
Sep 30, 2013 | $0.102 | OrdinaryDividend |
Jun 28, 2013 | $0.102 | OrdinaryDividend |
Mar 28, 2013 | $0.102 | OrdinaryDividend |
Dec 28, 2012 | $0.033 | ExtraDividend |
Sep 28, 2012 | $0.103 | OrdinaryDividend |
Jun 29, 2012 | $0.105 | OrdinaryDividend |
Mar 30, 2012 | $0.102 | OrdinaryDividend |
Dec 30, 2011 | $0.107 | OrdinaryDividend |
Sep 30, 2011 | $0.104 | OrdinaryDividend |
Jun 30, 2011 | $0.102 | OrdinaryDividend |
Mar 30, 2011 | $0.105 | OrdinaryDividend |
Dec 30, 2010 | $0.106 | OrdinaryDividend |
Sep 30, 2010 | $0.107 | OrdinaryDividend |
Jun 30, 2010 | $0.106 | OrdinaryDividend |
Mar 30, 2010 | $0.109 | OrdinaryDividend |
Dec 30, 2009 | $0.110 | OrdinaryDividend |
Sep 30, 2009 | $0.114 | OrdinaryDividend |
Jun 30, 2009 | $0.118 | OrdinaryDividend |
Mar 30, 2009 | $0.122 | OrdinaryDividend |
Dec 30, 2008 | $0.108 | OrdinaryDividend |
Sep 30, 2008 | $0.100 | OrdinaryDividend |
Jun 30, 2008 | $0.097 | OrdinaryDividend |
Mar 28, 2008 | $0.099 | OrdinaryDividend |
Dec 28, 2007 | $0.097 | OrdinaryDividend |
Sep 28, 2007 | $0.096 | OrdinaryDividend |
Jun 29, 2007 | $0.094 | OrdinaryDividend |
Mar 30, 2007 | $0.097 | OrdinaryDividend |
Dec 28, 2006 | $0.100 | OrdinaryDividend |
Sep 29, 2006 | $0.099 | OrdinaryDividend |
Jun 30, 2006 | $0.099 | OrdinaryDividend |
Mar 30, 2006 | $0.098 | OrdinaryDividend |
Dec 28, 2005 | $0.101 | OrdinaryDividend |
Sep 30, 2005 | $0.102 | OrdinaryDividend |
Jun 30, 2005 | $0.103 | OrdinaryDividend |
Mar 30, 2005 | $0.102 | OrdinaryDividend |
Dec 29, 2004 | $0.104 | OrdinaryDividend |
Sep 30, 2004 | $0.104 | OrdinaryDividend |
Jun 30, 2004 | $0.096 | OrdinaryDividend |
PRCCX - Fund Manager Analysis
Managers
Robert Salvin
Start Date
Tenure
Tenure Rank
Feb 28, 2006
16.26
16.3%
Mr. Salvin is a Portfolio Manager of Putnam's global credit strategies. He is responsible for managing convertible securities, U.S. high-yield, global high-yield, and floating rate loan strategies. Mr. Salvin joined Putnam in 2000 and has been in the investment industry since 1986. Prior to joining Putnam, Mr. Salvin was a Managing Director at BancBoston Robertson Stephens from 1997 to 1999, a Director at SBC Warburg Inc. from 1996 to 1997, an Associate at Chase Securities from 1993 to 1996, and an Analyst at Broadview Associates from 1986 to 1991.
Anthony Daigle
Start Date
Tenure
Tenure Rank
Jun 30, 2017
4.92
4.9%
Anthony Daigle is currently a Portfolio Manager in the Putnam Investment Management, LLC. He previously served as an analyst at the firm.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.25 | 36.97 | 10.02 | 7.42 |