PCNBX Performance — Putnam Convertible Securities Fund, Class B
Data updated: 2026-09-25
PCNBX returned +12.39% over one year to Oct 2024. Over one year the fund beat its Preferred & Convertible category average: $100 grew to $112, against $108 for the category. Volatility over the past 12 months was 10.42% a year. In the 12 months to Jul 2026 the fund lost a net $38.2M, and assets reached $547.63M.
PCNBX Growth of $100
What $100 invested in Putnam Convertible Securities Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Preferred & Convertible category average over the same months.
| Period | PCNBX | Category average |
|---|---|---|
| 1 year (Sep 2023 – Oct 2024) | $112 | $108 |
| 3 years (Sep 2021 – Oct 2024) | $91 | $94 |
| 5 years (Sep 2019 – Oct 2024) | $144 | $145 |
| Since data start (Aug 2019 – Oct 2024) | $146 | $143 |
PCNBX Trailing Returns
Total returns to Oct 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +12.39% |
3- and 5-year figures withheld: disagrees with sibling classes.
PCNBX Annual Returns
Calendar-year total returns of Putnam Convertible Securities Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Oct) | +14.10% |
| 2023 | +0.49% |
| 2022 | −14.95% |
| 2021 | +9.47% |
| 2020 | +32.40% |
| 2019 (Aug–Dec) | +3.05% |
PCNBX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +5.7% | −2.9% | +1.7% | +1.5% | +2.1% | +1.2% | +2.7% | — | — | +1.6% | — | — |
| 2023 | +2.3% | −1.0% | +0.5% | −1.9% | +1.8% | +3.8% | +0.8% | −4.1% | −2.9% | −3.0% | −1.0% | +5.6% |
| 2022 | −3.8% | −6.7% | +0.4% | −0.1% | +5.9% | −7.0% | −2.5% | +3.9% | −6.6% | +0.2% | +4.2% | −2.8% |
| 2021 | +10.9% | +3.3% | −4.0% | +3.7% | −0.5% | +2.5% | −2.3% | +3.2% | −1.8% | +1.8% | −6.8% | +0.2% |
| 2020 | +3.3% | +11.0% | −11.3% | −3.3% | +7.5% | +4.0% | +8.3% | −1.0% | −1.4% | +6.4% | +1.2% | +5.7% |
| 2019 | — | — | — | — | — | — | — | +1.4% | −1.1% | −1.2% | +2.5% | +1.5% |
PCNBX Risk
Risk measures from monthly returns over Sep 2023 – Oct 2024.
- 1-year volatility (annualised): 10.42%
- Best month: +5.71% (Jan 2024)
- Worst month: −2.98% (Oct 2023)
PCNBX Fund Flows
Monthly money in and out of Putnam Convertible Securities Fund, from SEC Form N-PORT.
- 12-month net flow: −$38.2M
- 12-month gross sales (incl. reinvestments): $53.0M
- Sales ÷ redemptions: 0.58×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $2.8M | $5.6M | −$2.7M |
| Jun 2026 | $3.0M | $10.0M | −$7.0M |
| May 2026 | $2.7M | $6.5M | −$3.8M |
| Apr 2026 | $3.6M | $7.9M | −$4.2M |
| Mar 2026 | $2.8M | $5.9M | −$3.1M |
| Feb 2026 | $2.9M | $5.5M | −$2.6M |
| Jan 2026 | $1.7M | $8.1M | −$6.5M |
| Dec 2025 | $20.3M | $9.0M | $11.3M |
| Nov 2025 | $3.6M | $5.9M | −$2.4M |
| Oct 2025 | $6.0M | $11.2M | −$5.2M |
| Sep 2025 | $1.6M | $4.6M | −$3.0M |
| Aug 2025 | $2.0M | $11.0M | −$9.1M |
PCNBX Assets Under Management
Net assets of Putnam Convertible Securities Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $547.63M |
| 2026-04-30 | $561.43M |
| 2026-01-31 | $525.45M |
| 2025-10-31 | $531.71M |
| 2025-07-31 | $518.81M |
| 2025-04-30 | $483.99M |
| 2025-01-31 | $521.30M |
| 2024-10-31 | $516.19M |
| 2024-07-31 | $511.27M |
| 2024-04-30 | $507.92M |
| 2024-01-31 | $556.36M |
| 2023-10-31 | $542.12M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.