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 9 mutual funds in the Convertible Bonds category with lower expense ratios, going as low as 0.68%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Invesco Convertible Securities Fund | 0.68% | — | Jul 1997 | PCONX vs CNSDX | |
| Virtus Convertible Fund | 0.71% | — | Apr 1993 | PCONX vs ANNPX | |
| Advent Convertible and Income Fund | 0.75% | — | Apr 2003 | PCONX vs AVK | |
| Lord Abbett Convertible Fund Class F3 | 0.82% | — | Jun 2003 | PCONX vs LOCFX | |
| Franklin Convertible Securities Fund | 0.83% | — | Apr 1987 | PCONX vs FISCX |
Best Risk-Adjusted Alternatives to PCONX
PCONX has a PortfoliosLab risk / return rank of 73. There are 10 mutual funds in the Convertible Bonds category with higher risk-adjusted ranks, going as high as 92.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Virtus Convertible Fund | 92 | — | Apr 1993 | PCONX vs ANNPX | |
| Columbia Convertible Securities Fund | 89 | — | Sep 1987 | PCONX vs PACIX | |
| Harbor Convertible Securities Fund | 88 | — | May 2011 | PCONX vs HICSX | |
| Calamos Global Convertible Fund | 88 | — | Dec 2014 | PCONX vs CXGCX | |
| Calamos Convertible Opportunities and Income Fund | 85 | — | Jun 1997 | PCONX vs CHI |
Top Performing PCONX Alternatives (YTD)
PCONX is at 23.37% YTD. There are 4 mutual funds in the Convertible Bonds category with higher YTD returns, going as high as 30.91%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Calamos Convertible Opportunities and Income Fund | 30.91% | — | Jun 1997 | PCONX vs CHI | |
| Columbia Convertible Securities Fund | 24.77% | — | Sep 1987 | PCONX vs PACIX | |
| Invesco Convertible Securities Fund | 24.06% | — | Jul 1997 | PCONX vs CNSDX | |
| Calamos Convertible and High Income Closed Fund | 23.99% | — | May 2003 | PCONX vs CHY | |
| Harbor Convertible Securities Fund | 22.34% | — | May 2011 | PCONX vs HICSX |
Lowest Volatility Alternatives to PCONX
PCONX has 15.14% 1-year volatility. There are 6 mutual funds in the Convertible Bonds category with lower 1-year volatility, going as low as 5.30%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Convertible Bond Fund | 5.30% | — | Dec 2007 | PCONX vs MCIFX | |
| Rational/Pier 88 Convertible Securities Fund | 7.25% | — | Dec 2019 | PCONX vs PBXIX | |
| Calamos Global Convertible Fund | 10.58% | — | Dec 2014 | PCONX vs CXGCX | |
| Franklin Convertible Securities Fund | 11.00% | — | Apr 1987 | PCONX vs FISCX | |
| Advent Convertible and Income Fund | 14.29% | — | Apr 2003 | PCONX vs AVK |
Lowest Drawdown Alternatives to PCONX
PCONX has a 1-year max drawdown of -7.35%. There are 8 mutual funds in the Convertible Bonds category with shallower 1-year drawdowns, going as shallow as -4.53%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Miller Convertible Bond Fund | -4.53% | — | Dec 2007 | PCONX vs MCIFX | |
| Rational/Pier 88 Convertible Securities Fund | -5.16% | — | Dec 2019 | PCONX vs PBXIX | |
| Calamos Global Convertible Fund | -5.75% | — | Dec 2014 | PCONX vs CXGCX | |
| Franklin Convertible Securities Fund | -6.38% | — | Apr 1987 | PCONX vs FISCX | |
| Harbor Convertible Securities Fund | -6.92% | — | May 2011 | PCONX vs HICSX |
Other Mutual Funds from Putnam
The 10 most viewed Putnam mutual funds shown here include PEYAX, PEQSX, PEIYX and span 6 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Putnam Large Cap Value Fund | Large Cap Value Equities | 83 | 10.90% | — | Jun 1977 | PCONX vs PEYAX | |
| Putnam Large Cap Value Fund Class R6 | Large Cap Value Equities | 84 | 11.05% | — | Jul 2012 | PCONX vs PEQSX | |
| Putnam Large Cap Value Fund | Large Cap Value Equities | 84 | 11.02% | — | Jan 1998 | PCONX vs PEIYX | |
| Putnam Growth Opportunities Fund | Large Cap Growth Equities | 20 | 6.16% | — | Oct 1995 | PCONX vs POGAX | |
| Putnam Global Technology Fund | Technology Equities | 82 | 38.38% | — | Dec 2008 | PCONX vs PGTYX | |
| Putnam Sustainable Leaders Fund | Large Cap Growth Equities | 24 | 3.72% | — | Aug 1990 | PCONX vs PNOPX | |
| Putnam Multi-Cap Core Fund | Large Cap Blend Equities | 53 | 7.62% | — | Sep 2010 | PCONX vs PMYYX | |
| Putnam Large Cap Growth Y | Large Cap Growth Equities | 21 | 6.29% | — | Aug 1999 | PCONX vs PGOYX | |
| Putnam Ultra Short Duration Income Fund | Ultrashort Bond | 98 | 1.43% | — | Oct 2011 | PCONX vs PSDYX | |
| Putnam Small Cap Growth Fund | Small Cap Growth Equities | 42 | 25.36% | — | Dec 1997 | PCONX vs PNSAX |
Often Compared With PCONX
Investors most often compare PCONX with FCVSX, PNRAX, LCFYX. These 7 comparison targets span 3 categories, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Fidelity Convertible Securities Fund | Preferred Stock/Convertible Bonds | 42 | 23.99% | — | Jan 1987 | PCONX vs FCVSX | |
| Putnam Research Fund | Large Cap Blend Equities | 80 | 12.42% | — | Oct 1995 | PCONX vs PNRAX | |
| Lord Abbett Convertible Fund | Convertible Bonds | 83 | 21.32% | — | Jun 2003 | PCONX vs LCFYX | |
| Virtus Convertible and Income Fund II | Convertible Bonds | 83 | 21.29% | — | Jul 2003 | PCONX vs NCZ | |
| High Income Securities Fund | Convertible Bonds | 1 | -5.86% | — | Jul 1987 | PCONX vs PCF | |
| TETON Convertible Securities Fund | Convertible Bonds | 54 | 19.39% | — | Sep 1997 | PCONX vs WESRX | |
| The Gabelli Convertible and Income Securities Fund... | Convertible Bonds | 77 | 17.24% | — | 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