George Putnam Balanced Fund
Data updated: 2026-09-25
C000136855 — George Putnam Balanced Fund. Balanced Allocation · $2.40B AUM · 0.60% expense ratio. Holdings, fees, performance and SEC filings.
C000136855 Fund Overview
George Putnam Balanced Fund is a US mutual fund managed by George Putnam Balanced Fund, categorised as Balanced Allocation. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: George Putnam Balanced Fund
- Category: Balanced Allocation
- Assets under management: $2.40B
- 1-year return: 23.3%
- SEC CIK: 0000081259
- SEC series ID: S000005597
- Share class ID: C000136855
C000136855 Investment Objective and Strategy
George Putnam Balanced Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by George Putnam Balanced Fund.
Investment objective
George Putnam Balanced 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.
Principal investment strategy
Investments We invest 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, we may purchase stocks of companies with stock prices that reflect a value lower than that which we place on the company. We may also consider other factors that we believe will cause the stock price to rise. We buy bonds of governments and private companies that are mostly investment-grade in quality with intermediate- to long-term maturities (three years or longer). We may consider, among other factors, a companys valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell equity investments, and, among other factors, credit, interest rate and prepayment risks, as well as general market conditions, when deciding whether to buy or sell fixed-income investments.
We may also use derivatives, such as futures, options, warrants and swap contracts, for both hedging and non-hedging purposes.
C000136855 Holdings
Top 10 holdings of George Putnam Balanced Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Apple, Inc. | 4.64% |
| Putnam Short Term Investment Fund | 4.59% |
| Microsoft Corp. | 4.49% |
| NVIDIA Corp. | 3.59% |
| Alphabet, Inc. | 3.30% |
| United States of America | 3.29% |
| Amazon.com, Inc. | 2.88% |
| United States of America | 1.89% |
| United States of America | 1.59% |
| Lam Research Corp. | 1.55% |
C000136855 Portfolio Allocation
Asset-class allocation of George Putnam Balanced Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 62.2% |
| Fixed Income | 28.3% |
| Securitized | 8.7% |
| Other | 4.6% |
| Cash & Equivalents | 0.7% |
C000136855 Performance
Total returns for C000136855 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 4.5% |
| 1 year | 23.3% |
| 3 years (annualised) | 16.2% |
| 5 years (annualised) | 8.9% |
C000136855 Risk Information
Risk metrics for C000136855, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.9%
C000136855 Costs and Fees
C000136855 costs about $60 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.60%
- Gross expense ratio: 0.60%
- Portfolio turnover: 97%
- Brokerage commissions: 3.91 bps of average net assets (SEC N-CEN)
C000136855 Cashflows
Over the 12 months to 2026-04, George Putnam Balanced Fund had net inflows of $28.67M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $556.57K |
| 2026-03 | −$9.99M |
| 2026-02 | −$10.05M |
| 2026-01 | −$11.99M |
| 2025-12 | $118.48M |
| 2025-11 | −$11.74M |
C000136855 Debt Constituents
Largest debt holdings of George Putnam Balanced Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States of America | 3.29% |
| United States of America | 1.89% |
| United States of America | 1.59% |
| United States of America | 1.31% |
| United States of America | 0.95% |
| United States of America | 0.89% |
| United States of America | 0.61% |
| United States of America | 0.59% |
| United States of America | 0.59% |
| United States of America | 0.58% |
C000136855 Prospectus and SEC Filings
Official George Putnam Balanced Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-11-24
- Prospectus (485BPOS) — filed 2024-11-26
- Prospectus (485BPOS) — filed 2023-11-27
- Portfolio holdings (N-PORT) — filed 2026-09-25
- Portfolio holdings (N-PORT) — filed 2026-06-24
- Portfolio holdings (N-PORT) — filed 2026-03-27
- Annual census (N-CEN) — filed 2025-10-10
- Annual census (N-CEN) — filed 2024-10-11
Related Funds
Other Balanced Allocation funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.