George Putnam Balanced B
- PGEBX
- Price as of: May 07, 2021
-
$23.40
N/A N/A
- Primary Theme
- U.S. Balanced Allocation
- Fund Company
- Putnam
- Share Class
PGEBX - Snapshot
Vitals
- YTD Return 6.1%
- 3 Yr Annualized Return 13.2%
- 5 Yr Annualized Return 11.6%
- Net Assets $1.85 B
- Holdings in Top 10 20.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.72%
SALES FEES
- Front Load N/A
- Deferred Load 5.00%
BROKERAGE FEES
- Turnover 97.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Balanced Allocation
- Fund Type Open End Mutual Fund
- Investment Style Allocation--50% to 70% Equity
PGEBX - Profile
Distributions
- YTD Total Return 6.1%
- 3 Yr Annualized Total Return 12.4%
- 5 Yr Annualized Total Return 11.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.49%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameGeorge Putnam Balanced Fund
-
Fund Family NamePutnam
-
Inception DateApr 27, 1992
-
Shares OutstandingN/A
-
Share ClassB
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerPaul Scanlon
Fund Description
The fund invests mainly in a combination of bonds and common stocks (growth or value stocks or both) of large U.S. companies, with a greater focus on common stocks. For example, the managers may purchase stocks of companies with stock prices that reflect a value lower than that which the managers place on the company.
PGEBX - Performance
Return Ranking - Trailing
| Period | PGEBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.1% | -5.5% | 66.5% | 85.92% |
| 1 Yr | 26.7% | -5.2% | 109.7% | 76.21% |
| 3 Yr | 13.2%* | -1.4% | 27.2% | 16.17% |
| 5 Yr | 11.6%* | 0.6% | 25.9% | 15.84% |
| 10 Yr | 8.9%* | 1.6% | 15.8% | 28.62% |
* Annualized
Return Ranking - Calendar
| Period | PGEBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 7.9% | -39.0% | 56.4% | 42.94% |
| 2019 | 16.3% | -5.8% | 26.1% | 21.24% |
| 2018 | -10.9% | -52.1% | 0.0% | 44.43% |
| 2017 | 13.7% | -6.5% | 32.7% | 5.41% |
| 2016 | 6.6% | -43.7% | 17.8% | 14.64% |
Total Return Ranking - Trailing
| Period | PGEBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 6.1% | -5.5% | 66.5% | 85.92% |
| 1 Yr | 21.7% | -5.2% | 109.7% | 85.46% |
| 3 Yr | 12.4%* | -1.4% | 27.2% | 20.66% |
| 5 Yr | 11.4%* | 0.6% | 25.9% | 19.10% |
| 10 Yr | 8.9%* | 1.6% | 15.8% | 27.32% |
* Annualized
Total Return Ranking - Calendar
| Period | PGEBX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 7.9% | -39.0% | 56.4% | 42.94% |
| 2019 | 16.3% | -5.8% | 26.1% | 24.03% |
| 2018 | -10.9% | -47.9% | 0.8% | 72.29% |
| 2017 | 13.7% | -3.7% | 56.2% | 43.49% |
| 2016 | 6.6% | -43.7% | 19.8% | 40.56% |
NAV & Total Return History
PGEBX - Holdings
Concentration Analysis
| PGEBX | Category Low | Category High | PGEBX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.85 B | 9.98 K | 203 B | 37.48% |
| Number of Holdings | 567 | 2 | 14931 | 25.36% |
| Net Assets in Top 10 | 363 M | -9.34 M | 36.6 B | 52.58% |
| Weighting of Top 10 | 20.47% | 7.9% | 100.0% | 82.25% |
Top 10 Holdings
- Microsoft Corp 3.59%
- Apple Inc 2.70%
- Amazon.com Inc 2.65%
- Alphabet Inc A 2.44%
- United States Treasury Bonds 3% 1.86%
- United States Treasury Notes 2.38% 1.74%
- United States Treasury Notes 1.5% 1.73%
- United States Treasury Notes 1.62% 1.64%
- Activision Blizzard Inc 1.61%
- Citigroup Inc 1.54%
Asset Allocation
| Weighting | Return Low | Return High | PGEBX % Rank | |
|---|---|---|---|---|
| Stocks | 62.19% | 0.00% | 130.38% | 53.44% |
| Bonds | 33.89% | -0.38% | 121.14% | 32.09% |
| Cash | 2.82% | -53.51% | 81.21% | 68.77% |
| Convertible Bonds | 0.89% | 0.00% | 26.60% | 18.19% |
| Preferred Stocks | 0.20% | 0.00% | 24.34% | 35.10% |
| Other | 0.00% | -4.86% | 73.51% | 68.48% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PGEBX % Rank | |
|---|---|---|---|---|
| Technology | 21.06% | 0.00% | 50.38% | 31.52% |
| Financial Services | 16.60% | 0.00% | 100.00% | 27.94% |
| Healthcare | 13.06% | 0.00% | 38.48% | 50.86% |
| Consumer Cyclical | 12.18% | 0.00% | 24.11% | 35.53% |
| Industrials | 10.00% | 0.00% | 33.15% | 53.15% |
| Communication Services | 9.81% | 0.00% | 30.83% | 34.67% |
| Consumer Defense | 7.47% | 0.00% | 17.16% | 31.09% |
| Utilities | 3.26% | 0.00% | 100.00% | 25.21% |
| Energy | 2.58% | 0.00% | 69.89% | 65.19% |
| Basic Materials | 2.49% | 0.00% | 21.94% | 77.51% |
| Real Estate | 1.49% | 0.00% | 99.16% | 80.95% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PGEBX % Rank | |
|---|---|---|---|---|
| US | 57.64% | 0.00% | 96.26% | 24.79% |
| Non US | 4.55% | 0.00% | 69.93% | 72.78% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | PGEBX % Rank | |
|---|---|---|---|---|
| Government | 39.57% | 0.00% | 97.87% | 13.32% |
| Corporate | 35.81% | 0.00% | 98.59% | 43.84% |
| Securitized | 16.97% | 0.00% | 85.21% | 57.74% |
| Cash & Equivalents | 7.35% | 0.04% | 100.00% | 78.08% |
| Municipal | 0.18% | 0.00% | 24.11% | 55.30% |
| Derivative | 0.11% | 0.00% | 33.42% | 30.80% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | PGEBX % Rank | |
|---|---|---|---|---|
| US | 32.36% | -0.38% | 70.02% | 22.06% |
| Non US | 1.53% | -9.41% | 97.27% | 76.07% |
PGEBX - Expenses
Operational Fees
| PGEBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.72% | 0.01% | 14.81% | 11.86% |
| Management Fee | 0.52% | 0.00% | 2.00% | 58.95% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 87.41% |
| Administrative Fee | N/A | 0.01% | 0.83% | N/A |
Sales Fees
| PGEBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.00% | 5.75% | N/A |
| Deferred Load | 5.00% | 1.00% | 5.00% | 2.06% |
Trading Fees
| PGEBX 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.
| PGEBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 97.00% | 0.00% | 484.00% | 78.42% |
PGEBX - Distributions
Dividend Yield Analysis
| PGEBX | Category Low | Category High | PGEBX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 7.11% | 40.20% |
Dividend Distribution Analysis
| PGEBX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
| PGEBX | Category Low | Category High | PGEBX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.49% | -1.95% | 11.02% | 91.10% |
Capital Gain Distribution Analysis
| PGEBX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Feb 28, 2019 | $0.036 |
| Aug 30, 2018 | $0.025 |
| May 30, 2018 | $0.020 |
| Feb 28, 2018 | $0.022 |
| Nov 30, 2017 | $0.020 |
| Aug 30, 2017 | $0.017 |
| May 30, 2017 | $0.018 |
| Feb 28, 2017 | $0.021 |
| Nov 30, 2016 | $0.020 |
| Aug 30, 2016 | $0.020 |
| May 27, 2016 | $0.022 |
| Feb 29, 2016 | $0.021 |
| Nov 30, 2015 | $0.021 |
| Aug 28, 2015 | $0.013 |
| May 29, 2015 | $0.013 |
| Feb 27, 2015 | $0.013 |
| Nov 28, 2014 | $0.015 |
| Aug 29, 2014 | $0.027 |
| May 30, 2014 | $0.027 |
| Feb 28, 2014 | $0.024 |
| Nov 29, 2013 | $0.025 |
| Aug 30, 2013 | $0.022 |
| May 30, 2013 | $0.023 |
| Feb 28, 2013 | $0.025 |
| Nov 30, 2012 | $0.025 |
| Aug 30, 2012 | $0.025 |
| May 30, 2012 | $0.025 |
| Feb 29, 2012 | $0.026 |
| Nov 30, 2011 | $0.027 |
| Aug 30, 2011 | $0.025 |
| May 27, 2011 | $0.025 |
| Feb 28, 2011 | $0.026 |
| Nov 30, 2010 | $0.028 |
| Aug 30, 2010 | $0.028 |
| May 28, 2010 | $0.027 |
| Feb 26, 2010 | $0.028 |
| Nov 30, 2009 | $0.029 |
| Aug 28, 2009 | $0.079 |
| May 29, 2009 | $0.080 |
| Feb 27, 2009 | $0.111 |
| Nov 28, 2008 | $0.134 |
| Aug 29, 2008 | $0.129 |
| May 30, 2008 | $0.125 |
| Feb 29, 2008 | $0.094 |
| Nov 30, 2007 | $0.081 |
| Aug 30, 2007 | $0.078 |
| May 30, 2007 | $0.079 |
| Feb 28, 2007 | $0.078 |
| Nov 30, 2006 | $0.075 |
| Aug 30, 2006 | $0.061 |
| May 30, 2006 | $0.063 |
| Feb 28, 2006 | $0.064 |
| Nov 30, 2005 | $0.063 |
| Aug 30, 2005 | $0.063 |
| May 27, 2005 | $0.065 |
| Feb 28, 2005 | $0.043 |
| Nov 30, 2004 | $0.044 |
| Aug 30, 2004 | $0.045 |
| May 28, 2004 | $0.044 |
| Feb 27, 2004 | $0.045 |
| Nov 28, 2003 | $0.055 |
| Aug 29, 2003 | $0.057 |
| May 30, 2003 | $0.061 |
| Feb 28, 2003 | $0.059 |
| Nov 29, 2002 | $0.105 |
| Sep 20, 2002 | $0.040 |
| Aug 30, 2002 | $0.094 |
| May 30, 2002 | $0.095 |
| Feb 28, 2002 | $0.093 |
| Nov 30, 2001 | $0.092 |
| Aug 30, 2001 | $0.092 |
| May 30, 2001 | $0.102 |
| Feb 28, 2001 | $0.103 |
| Nov 30, 2000 | $0.101 |
| Aug 30, 2000 | $0.102 |
| May 30, 2000 | $0.118 |
| Feb 29, 2000 | $0.116 |
| Nov 30, 1999 | $0.114 |
| Aug 31, 1999 | $0.114 |
| May 28, 1999 | $0.115 |
| Feb 26, 1999 | $0.115 |
| Nov 30, 1998 | $0.115 |
| Aug 31, 1998 | $0.114 |
| May 29, 1998 | $0.115 |
| Feb 27, 1998 | $0.116 |
| Nov 28, 1997 | $0.113 |
| Aug 29, 1997 | $0.117 |
| May 30, 1997 | $0.119 |
| Feb 28, 1997 | $0.109 |
| Nov 29, 1996 | $0.109 |
| Aug 30, 1996 | $0.110 |
| May 31, 1995 | $0.114 |
| Feb 28, 1995 | $0.114 |
| Aug 22, 1994 | $0.114 |
| May 23, 1994 | $0.115 |
| Feb 22, 1994 | $0.125 |
| Aug 20, 1993 | $0.134 |
| May 20, 1993 | $0.139 |
PGEBX - Fund Manager Analysis
Managers
Paul Scanlon
Start Date
Tenure
Tenure Rank
Jan 31, 2016
5.25
5.3%
Mr. Scanlon is a Co-Head of Fixed Income, specializing in global credit and tax-exempt strategies. He is responsible for managing all facets of the corporate credit investment process and overseeing Putnam's taxexempt team. In addition, he is accountable for the research, trading, and creation of stand-alone corporate credit portfolios as well as a number of multi-sector strategies. Mr. Scanlon joined Putnam in 1999 and has been in the investment industry since 1986. Paul is a CFA charterholder.
Kathryn Lakin
Start Date
Tenure
Tenure Rank
Feb 28, 2019
2.17
2.2%
Ms. Lakin is Director of Equity Research. She is responsible for managing a team of analysts, associates, and interns covering multiple sectors. In addition, she is a portfolio manager of Putnam's small-cap core strategy. Ms. Lakin joined Putnam in 2012 and has been in the investment industry since 2008. Prior to joining Putnam, Ms. Lakin was an Equity Research Analyst from 2011 to 2012 and an Equity Research Associate from 2008 to 2011 at Fidelity Investments. Ms. Lakin earned an M.B.A. from Yale School of Management and a B.A. from Wellesley College.
Emily Shanks
Start Date
Tenure
Tenure Rank
Feb 28, 2019
2.17
2.2%
Ms. Shanks is a Portfolio Manager in the Fixed Income group, specializing in investment-grade strategies. She joined Putnam in 2012 and has been in the investment industry since 1999. Previously at Putnam, Ms. Shanks was an Analyst in the Global Credit Research group, conducting fundamental analysis of high-yield and investment-grade corporate-bond issuers in the retail and services sector, and making buy/sell recommendations. Prior to joining Putnam, Ms. Shanks was a Managing Director, High Yield Research Analyst, at Barclays Capital from 2008 to 2012. Prior to that, Ms. Shanks was a Vice President, High Yield Research Analyst, from 2004 to 2008, and an Associate, Liability Management Group, from 1999 to 2004, at Lehman Brothers. Ms. Shanks earned a B.A. in Mathematics from Williams College.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 37.36 | 6.09 | 1.33 |