George Putnam Balanced Fund (PGEOX)
The fund invests mainly in a combination of bonds and common stocks (growth or value stocks or both) of large U.S. companies, with a greater focus on common stocks. For example, the managers may purchase stocks of companies with stock prices that reflect a value lower than that which the managers place on the company.
Fund Info
US37252M1080
37252M108
Nov 5, 1937
$0
Large-Cap
Blend
Expense Ratio
PGEOX has a high expense ratio of 0.94%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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.
Returns By Period
George Putnam Balanced Fund had a return of 13.15% year-to-date (YTD) and 13.70% in the last 12 months. Over the past 10 years, George Putnam Balanced Fund had an annualized return of 8.24%, while the S&P 500 had an annualized return of 11.06%, indicating that George Putnam Balanced Fund did not perform as well as the benchmark.
PGEOX
13.15%
-3.67%
2.00%
13.70%
8.47%
8.24%
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of PGEOX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.48% | 3.12% | 2.67% | -3.46% | 3.99% | 2.69% | 1.27% | 1.63% | 2.28% | -1.40% | 0.31% | 13.15% | |
| 2023 | 5.11% | -2.24% | 2.82% | 1.42% | 0.40% | 3.96% | 1.95% | -1.04% | -3.55% | -1.68% | 7.48% | 4.27% | 19.92% |
| 2022 | -3.93% | -2.56% | 0.72% | -6.59% | 0.54% | -5.79% | 6.75% | -3.52% | -7.41% | 4.75% | 4.99% | -3.92% | -15.94% |
| 2021 | -0.76% | 1.06% | 1.78% | 3.59% | 0.24% | 1.98% | 1.86% | 1.97% | -3.43% | 4.59% | -1.09% | 1.46% | 13.80% |
| 2020 | 0.48% | -4.13% | -8.43% | 8.38% | 3.70% | 1.96% | 4.03% | 4.28% | -2.39% | -1.82% | 7.28% | 2.37% | 15.42% |
| 2019 | 5.72% | 1.97% | 1.93% | 3.53% | -3.51% | 4.78% | 1.28% | -0.33% | 0.78% | 1.60% | 2.30% | 2.07% | 24.13% |
| 2018 | 3.20% | -2.67% | -1.40% | 0.00% | 1.77% | 0.40% | 2.43% | 1.58% | 0.38% | -4.91% | 1.14% | -4.60% | -3.03% |
| 2017 | 2.05% | 2.42% | 0.27% | 1.14% | 1.53% | -0.16% | 1.54% | 0.60% | 1.15% | 1.65% | 1.37% | 0.55% | 15.02% |
| 2016 | -3.63% | -0.17% | 4.42% | 0.79% | 1.39% | 0.36% | 2.84% | 0.18% | 0.29% | -1.21% | 1.35% | 1.27% | 7.93% |
| 2015 | -1.18% | 3.69% | -0.58% | 0.17% | 1.02% | -1.73% | 1.23% | -4.50% | -2.38% | 5.31% | -0.34% | -1.43% | -1.10% |
| 2014 | -1.49% | 2.78% | 1.02% | 0.51% | 1.43% | 1.81% | -1.29% | 3.09% | -1.15% | 1.65% | 2.01% | -0.24% | 10.48% |
| 2013 | 3.45% | 0.58% | 2.31% | 1.63% | 1.04% | -0.97% | 3.35% | -2.43% | 1.94% | 2.59% | 1.75% | 1.37% | 17.77% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 82, PGEOX is among the top 18% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for George Putnam Balanced Fund (PGEOX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
George Putnam Balanced Fund provided a 0.96% dividend yield over the last twelve months, with an annual payout of $0.25 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.25 | $0.25 | $0.17 | $0.14 | $0.24 | $0.54 | $0.26 | $0.22 | $0.21 | $0.19 | $0.21 | $0.20 |
Dividend yield | 0.96% | 1.10% | 0.89% | 0.61% | 1.05% | 2.58% | 1.43% | 1.10% | 1.18% | 1.13% | 1.26% | 1.31% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 |
| 2023 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.25 |
| 2022 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.00 | $0.17 |
| 2021 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.14 |
| 2020 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.24 |
| 2019 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.32 | $0.00 | $0.54 |
| 2018 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.26 |
| 2017 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.22 |
| 2016 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.21 |
| 2015 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.19 |
| 2014 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.21 |
| 2013 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.20 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
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 49.24%, occurring on Nov 20, 2008. Recovery took 1063 trading sessions.
The current George Putnam Balanced Fund drawdown is 4.81%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -49.24% | Jun 5, 2007 | 370 | Nov 20, 2008 | 1063 | Feb 14, 2013 | 1433 |
| -28.79% | Feb 23, 1987 | 205 | Dec 4, 1987 | 449 | Aug 24, 1989 | 654 |
| -23% | Feb 20, 2020 | 23 | Mar 23, 2020 | 79 | Jul 15, 2020 | 102 |
| -21.36% | Nov 9, 2021 | 235 | Oct 14, 2022 | 316 | Jan 19, 2024 | 551 |
| -20.62% | Jun 6, 2001 | 334 | Oct 9, 2002 | 285 | Nov 26, 2003 | 619 |
Volatility
Volatility Chart
The current George Putnam Balanced Fund volatility is 4.22%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.