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George Putnam Balanced Fund Class M: (MF: PGEMX)
(NASDAQ Mutual Funds) As of Nov 7, 2024 08:00 PM ET
$26.40 USD
+0.21 (0.80%)
Zacks MF Rank
1-Strong Buy of 5 1
Fund Description
The fund was incepted in November 1973 and is managed by Putnam Investment Management, LLC. The fund seeks to provide a balanced investment composed of a well-diversified portfolio of stocks and bonds, which produce both capital growth and current income. Under normal market conditions, the fund invests at least 25% of its total assets in fixed-income securities, including debt securities, preferred stocks and that portion of the value of convertible securities attributable to the fixed-income characteristics of those securities. The fund distributes its dividends quarterly and capital gains annually.
Load Information
| Ticker | Max Load % |
Deferred Load % |
Red. Fee % |
12B-1 Fee % |
Mgmt Fee % |
Expense Ratio % |
|
|---|---|---|---|---|---|---|---|
| George Putnam Balanced M | PGEMX | 3.50 | NA | 0.00 | 0.75 | 0.52 | 0.73 |
Return Data
| Ticker | Nav | Inception Date | % yield | 1 year return | 2 year return | 3 year return | |
|---|---|---|---|---|---|---|---|
| George Putnam Fund of Boston A | PGEOX | 26.53 | 11/5/1937 | 1.21 | 28.47 | 7.29 | 10.38 |
| George Putnam Fund of Boston C | PGPCX | 26.19 | 11/5/1937 | 0.56 | 27.50 | 6.49 | 9.56 |
| Putnam George Fund R | PGPRX | 26.42 | 11/5/1937 | 0.98 | 28.11 | 7.02 | 10.10 |
| George Putnam Fund of Boston Y | PGEYX | 26.67 | 10/26/1998 | 1.43 | 28.74 | 7.55 | 10.65 |
| George Putnam Fund of Boston M | PGEMX | 26.40 | 6/13/1995 | 0.80 | 27.86 | 6.76 | 9.84 |
Investment Information
| Ticker | Minimum Initial Investment ($) | Minimum Subsequent Investment ($) | Minimum Initial IRA ($) | Dividend Frequency | |
|---|---|---|---|---|---|
| George Putnam Balanced M | PGEMX | 500 | 0 | 0 | Q |
Contact Information
| Family | Putnam Funds |
| Address | One Post Office Square Canton, MA 02109 |
| Phone | 800 225-1581 |