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Morningstar

George Putnam Balanced M PGEMX

Morningstar Medalist Rating
Medalist Rating as of | See Putnam Investment Hub
  • NAV / 1-Day Return 20.66  /  0.05 %
  • Total Assets 1.7 Bil
  • Adj. Expense Ratio
    1.440%
  • Expense Ratio 1.440%
  • Distribution Fee Level —
  • Share Class Type —
  • Category Moderate Allocation
  • Investment Style Large Growth
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Status Closed
  • TTM Yield 0.62%
  • Turnover 66%

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:19 PM GMT+0

Morningstar’s Analysis PGEMX

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

People Pillar

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

Strength in George Putnam Balanced M's Process Pillar is partially offset by an Average People Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PGEMX

More PGEMX Holdings
  • Current Portfolio Date
  • Equity Holdings 135
  • Bond Holdings 457
  • Other Holdings 34
  • % Assets in Top 10 Holdings 21.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

4.58
79,164,993
Technology

Apple Inc

3.17
54,715,640
Technology

Alphabet Inc Class A

2.42
41,850,472
Communication Services

Net Cash

2.26
38,966,084
Cash and Equivalents

Amazon.com Inc

2.14
36,960,580
Consumer Cyclical

United States Treasury Notes 1.125%

1.73
29,834,408
Government

Oracle Corp

1.71
29,608,156
Technology

NVIDIA Corp

1.67
28,756,900
Technology

Meta Platforms Inc Class A

1.55
26,851,571
Communication Services

United States Treasury Bonds 2.75%

1.50
25,849,190
Government