PCNIX: Putnam Convertible Securities I

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PCNIX Putnam Convertible Securities I


Profile

PCNIX - Profile

Vitals

  • YTD Return 2.7%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $975 M
  • Holdings in Top 10 16.0%

52 WEEK LOW AND HIGH

$25.64
$22.55
$26.59

Expenses

OPERATING RELATED FEES

  • Expense Ratio N/A

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 63.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $5,000,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 2.7%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Putnam Convertible Securities Fund
  • Fund Family Name
    Putnam
  • Inception Date
    Mar 04, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States

Fund Description

The fund invests mainly in convertible securities of U.S. companies. Convertible securities combine the investment characteristics of bonds and common stocks. Under normal circumstances, it invests at least 80% of the fund's net assets in convertible securities. Convertible securities include bonds, preferred stocks and other instruments that can be converted into or exchanged for common stock or equivalent value. A significant portion of the convertible securities are below-investment-grade.


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Categories

Fund Company Quick Screens

PCNIX - Fund Company Quick Screens


Performance

PCNIX - Performance

Return Ranking - Trailing

Period PCNIX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.7% -29.9% 34.0% 50.00%
1 Yr 14.7% -30.3% 32.1% 46.27%
3 Yr N/A* -13.2% 11.8% N/A
5 Yr N/A* -8.3% 10.1% N/A
10 Yr N/A* -2.5% 8.8% N/A

* Annualized

Return Ranking - Calendar

Period PCNIX Return Category Return Low Category Return High Rank in Category (%)
2019 15.3% -8.6% 24.4% 30.08%
2018 -15.1% -15.3% -2.5% 94.12%
2017 N/A -7.8% 15.4% N/A
2016 N/A -2.1% 14.2% N/A
2015 N/A -17.9% 2.5% N/A

Total Return Ranking - Trailing

Period PCNIX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.7% -29.9% 34.0% 50.00%
1 Yr 14.7% -30.3% 32.1% 46.27%
3 Yr N/A* -10.3% 17.2% N/A
5 Yr N/A* -4.3% 13.7% N/A
10 Yr N/A* 0.1% 11.9% N/A

* Annualized

Total Return Ranking - Calendar

Period PCNIX Return Category Return Low Category Return High Rank in Category (%)
2019 15.3% -8.6% 24.4% 30.08%
2018 -15.1% -15.2% 4.5% 99.16%
2017 N/A -1.0% 18.4% N/A
2016 N/A -2.1% 20.1% N/A
2015 N/A -17.2% 6.2% N/A

NAV & Total Return History


Holdings

PCNIX - Holdings

Concentration Analysis

PCNIX Category Low Category High PCNIX % Rank
Net Assets 975 M 196 K 9.94 B 56.34%
Number of Holdings 146 38 373 35.92%
Net Assets in Top 10 154 M 106 K 1.01 B 62.68%
Weighting of Top 10 16.00% 11.7% 72.4% 95.77%

Top 10 Holdings

  1. Micron Tech Cv 1.625% 2.83%
  2. Intel Cv 3.25% 1.82%
  3. Wells Fargo & Co, San Francisco Ca Pfd 1.62%
  4. Priceline Grp Cv 1% 1.50%
  5. Bk Amer Pfd 1.49%
  6. Novellus Sys Cv 2.625% 1.39%
  7. Starwood Ppty Tr Cv 4% 1.35%
  8. Liberty Media Corp Delaware Cv 1.375% 1.34%
  9. Jazz Investments I 144A 1.875% 1.34%
  10. Gilead Sciences Cv 1.625% 1.33%

Asset Allocation

Weighting Return Low Return High PCNIX % Rank
Convertible Bonds
64.88% 0.00% 108.22% 54.23%
Preferred Stocks
16.76% 0.00% 73.28% 38.03%
Bonds
6.86% -14.80% 70.12% 39.44%
Stocks
5.26% -0.82% 26.36% 45.07%
Cash
4.54% 0.00% 15.79% 17.61%
Other
1.69% 0.00% 13.70% 12.68%

Stock Sector Breakdown

Weighting Return Low Return High PCNIX % Rank
Industrials
1.12% 0.00% 43.93% 52.17%
Utilities
0.88% 0.00% 100.00% 76.52%
Consumer Defense
0.79% 0.00% 9.44% 15.65%
Consumer Cyclical
0.51% 0.00% 1.63% 7.83%
Technology
0.49% 0.00% 32.10% 27.83%
Healthcare
0.49% 0.00% 33.70% 43.48%
Financial Services
0.47% 0.00% 100.00% 51.30%
Energy
0.25% 0.00% 29.20% 16.52%
Communication Services
0.25% 0.00% 14.18% 18.26%
Real Estate
0.00% 0.00% 100.00% 99.13%
Basic Materials
0.00% 0.00% 25.53% 92.17%

Stock Geographic Breakdown

Weighting Return Low Return High PCNIX % Rank
US
5.00% -0.82% 26.36% 45.07%
Non US
0.26% 0.00% 2.78% 25.35%

Bond Sector Breakdown

Weighting Return Low Return High PCNIX % Rank
Corporate
85.65% 65.47% 100.00% 93.66%
Cash & Equivalents
4.54% 0.00% 16.78% 29.58%
Derivative
1.33% 0.00% 18.89% 6.34%
Government
0.63% 0.00% 5.04% 25.35%
Securitized
0.00% 0.00% 1.24% 88.03%
Municipal
0.00% 0.00% 0.00% 88.03%

Bond Geographic Breakdown

Weighting Return Low Return High PCNIX % Rank
Non US
3.56% 0.00% 24.36% 35.92%
US
3.30% -14.80% 59.85% 39.44%

Expenses

PCNIX - Expenses

Operational Fees

PCNIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.41% 94.07% N/A
Management Fee 0.62% 0.00% 1.42% 23.24%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.55% N/A

Sales Fees

PCNIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PCNIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

PCNIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 63.00% 5.00% 175.00% 61.27%

Distributions

PCNIX - Distributions

Dividend Yield Analysis

PCNIX Category Low Category High PCNIX % Rank
Dividend Yield 0.00% 0.00% 6.47% 90.85%

Dividend Distribution Analysis

PCNIX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Monthly Monthly Monthly

Net Income Ratio Analysis

PCNIX Category Low Category High PCNIX % Rank
Net Income Ratio N/A -0.26% 8.41% N/A

Capital Gain Distribution Analysis

PCNIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

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Fund Manager Analysis

PCNIX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.5 35.22 9.35 9.67