Morningstar

Putnam Convertible Securities Fund Class R PCVRX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 31.34  /  +2.02 %
  • Total Assets 562.3M
  • Adj. Expense Ratio
    1.260%
  • Expense Ratio 1.260%
  • Distribution Fee Level Average
  • Share Class Type Retirement, Medium
  • Category Convertibles
  • Investment Style Large Value
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 1.31%
  • Turnover 88%

USD | NAV as of Jul 22, 2026 | 1-Day Return as of Jul 22, 2026, 12:11 AM GMT+0

Morningstar’s Analysis PCVRX

Will PCVRX 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 PCVRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PCVRX 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 PCVRX’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 PCVRX

More PCVRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 21.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Western Digital Corp. 3%

2.99 18M
Corporate

Lumentum Holdings Inc. 0.375%

2.77 16M
Corporate

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

2.30 13M
Industrials

Putnam Fds Tr

2.22 13M
—

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

2.02 12M
Utilities

DigitalOcean Holdings Inc 0%

1.99 12M
Corporate

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

1.94 11M
Technology

Bloom Energy Corporation 0%

1.93 11M
Corporate

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

1.67 10M
Financial Services

Seagate HDD Cayman 3.5%

1.67 10M
Corporate

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