George Putnam Balanced Fund (PGEOX)

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The chart shows the growth of an initial investment of $10,000 in George Putnam Balanced Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

George Putnam Balanced Fund (PGEOX) has returned -4.01% so far this year and 12.49% over the past 12 months. Over the last ten years, PGEOX has returned 9.02% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 30, 1970, PGEOX's average daily return is +0.02%, while the average monthly return is +0.47%. At this rate, your investment would double in approximately 12.3 years.

Historically, 62% of months were positive and 38% were negative. The best month was Oct 1974 with a return of +15.3%, while the worst month was Feb 1984 at -23.3%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 9 months.

On a daily basis, PGEOX closed higher 51% of trading days. The best single day was Dec 13, 1979 with a return of +7.5%, while the worst single day was Feb 24, 1984 at -16.2%.

George Putnam Balanced Fund has an annualized alpha of 0.42%, beta of 0.58, and R² of 0.67 versus S&P 500 Index. Calculated based on daily prices since February 27, 1970.

• This fund participated in 74.71% of S&P 500 Index downside but only 64.47% of its upside — more exposed to losses than it benefited from rallies.
• Beta of 0.58 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

PGEOX has a high expense ratio of 0.94%, indicating above-average management fees.

PGEOX ranks 65 for risk / return — better than 65% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for George Putnam Balanced Fund (PGEOX) and compare them to a chosen benchmark (S&P 500 Index).

George Putnam Balanced Fund provided a 8.12% dividend yield over the last twelve months, with an annual payout of $2.10 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for George Putnam Balanced Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the George Putnam Balanced Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the George Putnam Balanced Fund was 50.63%, occurring on Nov 20, 2008. Recovery took 1121 trading sessions.

The current George Putnam Balanced Fund drawdown is 5.72%.

The chart below shows the rolling one-month volatility.