The team behind Putnam Convertible Bond has settled in its current form, and a reduction in workload is welcome, resulting in an upgrade to this strategy’s People Pillar rating to Above Average.
Putnam Convertible Securities Fund Class I PCNIX
- NAV / 1-Day Return 32.57 / +0.84 %
- Total Assets 584.7M
-
Adj. Expense Ratio
0.680%
- Expense Ratio 0.680%
- Distribution Fee Level Low
- Share Class Type Institutional
- Category Convertibles
- Investment Style Large Blend
- Min. Initial Investment 5M
- Status Open
- TTM Yield 1.78%
- Turnover 88%
USD | NAV as of Jun 13, 2026 | 1-Day Return as of Jun 13, 2026, 12:11 AM GMT+0
Morningstar’s Analysis PCNIX
Will PCNIX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the PCNIX 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 PCNIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 25.0
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Lumentum Holdings Inc. 0.375% | 4.92 | 28M | Corporate |
Western Digital Corp. 3% | 3.61 | 20M | Corporate |
Seagate HDD Cayman 3.5% | 3.07 | 17M | Corporate |
Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A | 2.57 | 14M | Industrials |
NextEra Energy Inc Unit (Corporate Units 15/02/2029) | 2.31 | 13M | Utilities |
Cash And Equivalents | 2.24 | 13M | Cash and Equivalents |
Oracle Corp FR PRF PERPETUAL USD - DpSh 1/2000 Prf Sr D | 2.19 | 12M | Technology |
Bloom Energy Corporation 0% | 1.92 | 11M | Corporate |
Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L- | 1.70 | 10M | Financial Services |
Planet Labs Pbc 0.5% | 1.45 | 8M | Corporate |
United States