Morningstar

Putnam Convertible Securities Fund Class Y PCGYX

Medalist Rating as of Jul 27, 2026 See Franklin Templeton Investment Hub

Will PCGYX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PCGYX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

The People Pillar is our evaluation of the PCGYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar

The Parent Pillar is our rating of PCGYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A seasoned team shepherds this solid convertible strategy.

Analyst Zach Houston-Read

Zach Houston-Read

Analyst

Summary

Putnam Convertible Securities offers the asymmetric risk and return profile that can make convertibles attractive relative to owning stocks outright. It participates meaningfully when shares rise while providing some downside support when they fall.

by Zach Houston-Read

Rated on Jul 27, 2026 Published on Jul 27, 2026

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