Morningstar

Putnam Convertible Securities Fund Class R6 Shares PCNTX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 31.51  /  −1.32 %
  • Total Assets 561.4M
  • Adj. Expense Ratio
    0.710%
  • Expense Ratio 0.710%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Large
  • Category Convertibles
  • Investment Style Large Value
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 1.74%
  • Turnover 88%

USD | NAV as of Jul 14, 2026 | 1-Day Return as of Jul 14, 2026, 12:11 AM GMT+0

Morningstar’s Analysis PCNTX

Will PCNTX outperform in the future?

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

  • Process Pillar

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

  • People Pillar

    The People Pillar is our evaluation of the PCNTX 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 PCNTX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A solid option, thanks to the experience of its skippers.

Senior Principal Mara Dobrescu

Mara Dobrescu

Senior Principal

Summary

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.

by Mara Dobrescu
Rated on Published on

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Portfolio Holdings PCNTX

More PCNTX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 25.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Western Digital Corp. 3%

5.75 34M
Corporate

Lumentum Holdings Inc. 0.375%

4.09 24M
Corporate

Oracle Corp FR PRF PERPETUAL USD - DpSh 1/2000 Prf Sr D

2.74 16M
Technology

Cash And Equivalents

2.73 16M
Cash and Equivalents

Boeing Co 6% PRF CONVERT 15/10/2027 USD 50 - Dep Rep 1/20th Sr A

2.44 14M
Industrials

NextEra Energy Inc Unit (Corporate Units 15/02/2029)

1.98 12M
Utilities

DigitalOcean Holdings Inc 0%

1.96 12M
Corporate

Bloom Energy Corporation 0%

1.82 11M
Corporate

Bank of America Corp 7 1/4 % Non-Cum Perp Conv Pfd Shs Series -L-

1.60 9M
Financial Services

Snowflake Inc 0%

1.59 9M
Corporate

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