Putnam Convertible Securities Fund (PCONX) belongs to the Convertible Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PCONX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PCONX
PCONX charges 1.03% annually. There are 15 mutual funds in the Convertible Bonds category with lower expense ratios, going as low as 0.59%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity Advisor Convertible Securities Fund Class... | 0.59% | — | Oct 2018 | PCONX vs FIQVX | |
| Fidelity Convertible Securities Fund | 0.67% | — | Jan 1987 | PCONX vs FCVSX | |
| Invesco Convertible Securities Fund | 0.68% | — | Jul 1997 | PCONX vs CNSDX | |
| Fidelity Advisor Convertible Securities Fund Class... | 0.70% | — | Feb 2009 | PCONX vs FICVX | |
| Virtus Convertible Fund | 0.71% | — | Apr 1993 | PCONX vs ANNPX |
Best Risk-Adjusted Alternatives to PCONX
PCONX has a PortfoliosLab risk / return rank of 34. There are 24 mutual funds in the Convertible Bonds category with higher risk-adjusted ranks, going as high as 100.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | 100 | — | Aug 2017 | PCONX vs ARBIX | |
| Miller Convertible Bond Fund | 93 | — | Dec 2007 | PCONX vs MCIFX | |
| Calamos Global Convertible Fund | 85 | — | Dec 2014 | PCONX vs CXGCX | |
| Calamos Convertible Opportunities and Income Fund | 83 | — | Jun 1997 | PCONX vs CHI | |
| Lazard Enhanced Opportunities Portfolio Open Share... | 74 | — | Dec 2014 | PCONX vs LEOOX |
Top Performing PCONX Alternatives (YTD)
PCONX is at 14.11% YTD. There are 9 mutual funds in the Convertible Bonds category with higher YTD returns, going as high as 27.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Convertible Opportunities and Income Fund | 27.35% | — | Jun 1997 | PCONX vs CHI | |
| Calamos Convertible and High Income Closed Fund | 18.32% | — | May 2003 | PCONX vs CHY | |
| Calamos Convertible Fund | 17.82% | — | Jun 1997 | PCONX vs CICVX | |
| Calamos Convertible Fund | 17.66% | — | Jun 1985 | PCONX vs CCVIX | |
| Columbia Convertible Securities Fund | 16.84% | — | Sep 1987 | PCONX vs PACIX |
Lowest Volatility Alternatives to PCONX
PCONX has 16.60% 1-year volatility. There are 12 mutual funds in the Convertible Bonds category with lower 1-year volatility, going as low as 1.25%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | 1.25% | — | Aug 2017 | PCONX vs ARBIX | |
| Miller Convertible Bond Fund | 5.38% | — | Dec 2007 | PCONX vs MCIFX | |
| Victory INCORE Investment Grade Convertible Fund C... | 6.41% | — | — | PCONX vs SBFCX | |
| Lazard Enhanced Opportunities Portfolio Open Share... | 6.60% | — | Dec 2014 | PCONX vs LEOOX | |
| Rational/Pier 88 Convertible Securities Fund | 7.21% | — | Dec 2019 | PCONX vs PBXIX |
Lowest Drawdown Alternatives to PCONX
PCONX has a 1-year max drawdown of -10.91%. There are 14 mutual funds in the Convertible Bonds category with shallower 1-year drawdowns, going as shallow as -0.51%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Absolute Convertible Arbitrage Fund Institutional ... | -0.51% | — | Aug 2017 | PCONX vs ARBIX | |
| Lazard Enhanced Opportunities Portfolio Open Share... | -3.97% | — | Dec 2014 | PCONX vs LEOOX | |
| Victory INCORE Investment Grade Convertible Fund C... | -4.28% | — | — | PCONX vs SBFCX | |
| Miller Convertible Bond Fund | -4.53% | — | Dec 2007 | PCONX vs MCIFX | |
| Rational/Pier 88 Convertible Securities Fund | -5.16% | — | Dec 2019 | PCONX vs PBXIX |
Other Mutual Funds from Putnam
The 10 most viewed Putnam mutual funds shown here include PEYAX, PEIYX, PEQSX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Putnam Large Cap Value Fund | Large Cap Value Equities | 92 | 14.93% | — | Jun 1977 | PCONX vs PEYAX | |
| Putnam Large Cap Value Fund | Large Cap Value Equities | 93 | 15.07% | — | Oct 1998 | PCONX vs PEIYX | |
| Putnam Large Cap Value Fund Class R6 | Large Cap Value Equities | 93 | 15.12% | — | Jul 2012 | PCONX vs PEQSX | |
| Putnam Growth Opportunities Fund | Large Cap Growth Equities | 8 | 0.25% | — | Oct 1995 | PCONX vs POGAX | |
| Putnam Global Technology Fund | Technology Equities | 47 | 27.05% | — | Dec 2008 | PCONX vs PGTYX | |
| Putnam Sustainable Leaders Fund | Large Cap Growth Equities | 22 | 3.92% | — | Aug 1990 | PCONX vs PNOPX | |
| Putnam Multi-Cap Core Fund | Large Cap Blend Equities | 50 | 8.35% | — | Sep 2010 | PCONX vs PMYYX | |
| Putnam Large Cap Growth Y | Large Cap Growth Equities | 8 | 0.39% | — | Aug 1999 | PCONX vs PGOYX | |
| Putnam Ultra Short Duration Income Fund | Ultrashort Bond | 99 | 1.68% | — | Oct 2011 | PCONX vs PSDYX | |
| Putnam Small Cap Growth Fund | Small Cap Growth Equities | 25 | 15.42% | — | Dec 1997 | PCONX vs PNSAX |
Often Compared With PCONX
Investors most often compare PCONX with HICSX, AVK, LOCFX. These 10 comparison targets span 2 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Harbor Convertible Securities Fund | Convertible Bonds | 52 | 13.97% | — | May 2011 | PCONX vs HICSX | |
| Advent Convertible and Income Fund | Convertible Bonds | 28 | 7.14% | — | Apr 2003 | PCONX vs AVK | |
| Lord Abbett Convertible Fund Class F3 | Convertible Bonds | 43 | 11.87% | — | Jun 2003 | PCONX vs LOCFX | |
| Franklin Convertible Securities Fund | Convertible Bonds | 70 | 10.14% | — | Apr 1987 | PCONX vs FISCX | |
| Lord Abbett Convertible Fund | Convertible Bonds | 42 | 11.89% | — | Jun 2003 | PCONX vs LCFYX | |
| Putnam Research Fund | Large Cap Blend Equities | 76 | 12.43% | — | Oct 1995 | PCONX vs PNRAX | |
| Virtus Convertible and Income Fund II | Convertible Bonds | 75 | 19.30% | — | Jul 2003 | PCONX vs NCZ | |
| High Income Securities Fund | Convertible Bonds | 1 | -7.81% | — | Jul 1987 | PCONX vs PCF | |
| TETON Convertible Securities Fund | Convertible Bonds | 27 | 10.80% | — | Sep 1997 | PCONX vs WESRX | |
| The Gabelli Convertible and Income Securities Fund... | Convertible Bonds | 86 | 17.75% | — | Jul 1989 | PCONX vs GCV |
Compare PCONX with Any Fund or Stock
Compare PCONX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PCONX with funds that move differently
Putnam Convertible Securities Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PCONX.
Explore PCONX Diversifiers