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Morningstar

George Putnam Balanced M PGEMX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 23.20  /  −0.30 %
  • Total Assets 1.9 Bil
  • Adj. Expense Ratio
    1.460%
  • Expense Ratio 1.460%
  • Distribution Fee Level —
  • Share Class Type —
  • Category Moderate Allocation
  • Investment Style Large Growth
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Status Closed
  • TTM Yield 0.70%
  • Turnover 47%

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:21 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.

George Putnam Balanced M boasts strong Process and People Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at 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
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Portfolio Holdings PGEMX

More PGEMX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

4.78 92.1 Mil
Technology

NVIDIA Corp

2.89 55.6 Mil
Technology

Amazon.com Inc

2.70 52.0 Mil
Consumer Cyclical

Apple Inc

2.60 50.1 Mil
Technology

Alphabet Inc Class A

2.25 43.4 Mil
Communication Services

Meta Platforms Inc Class A

1.79 34.6 Mil
Communication Services

Net Cash

1.64 31.6 Mil
Cash and Equivalents

Oracle Corp

1.57 30.2 Mil
Technology

United States Treasury Notes 1.625%

1.51 29.1 Mil
Government

United States Treasury Notes 2.75%

1.42 27.4 Mil
Government