PCONX Performance — Putnam Convertible Securities Fund, Class A
Data updated: 2026-09-25
PCONX returned +14.11% year to date and +18.50% over one year to Jul 2026. Annualised returns are +13.31% over 3 years and +5.17% over 5 years. The fund trailed its Preferred & Convertible category average: $100 invested three years ago grew to $145, against $146 for the category, and to $119 over one year, against $120. Volatility over the past three years was 12.68% a year. In the 12 months to Jul 2026 the fund lost a net $38.2M, and assets reached $547.63M.
PCONX 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 | PCONX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $119 | $120 |
| 3 years (Aug 2023 – Jul 2026) | $145 | $146 |
| 5 years (Aug 2021 – Jul 2026) | $129 | $132 |
| Since data start (Aug 2019 – Jul 2026) | $203 | $198 |
PCONX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +14.11% |
| 1 year | +18.50% |
| 3 years (annualised) | +13.31% |
| 5 years (annualised) | +5.17% |
PCONX 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 |
|---|---|
| 2026 (Jan–Jul) | +14.11% |
| 2025 | +15.36% |
| 2024 | +16.63% |
| 2023 | +1.22% |
| 2022 | −14.27% |
| 2021 | +10.28% |
| 2020 | +33.48% |
| 2019 (Aug–Dec) | +3.38% |
PCONX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +4.7% | +1.0% | −3.2% | +11.6% | +5.8% | +0.5% | −6.0% | — | — | — | — | — |
| 2025 | +6.1% | −2.8% | −3.3% | +1.8% | +3.8% | +3.7% | +1.7% | +1.1% | +3.2% | +2.2% | −2.0% | −0.6% |
| 2024 | +5.8% | −2.9% | +1.8% | +1.5% | +2.1% | +1.2% | +2.8% | +0.4% | +2.7% | +1.7% | +3.0% | −4.2% |
| 2023 | +2.3% | −1.0% | +0.6% | −1.8% | +1.9% | +3.9% | +0.8% | −4.0% | −2.9% | −2.9% | −0.9% | +5.7% |
| 2022 | −3.7% | −6.7% | +0.5% | 0.0% | +5.9% | −7.0% | −2.4% | +4.0% | −6.6% | +0.2% | +4.3% | −2.8% |
| 2021 | +10.9% | +3.4% | −3.9% | +3.8% | −0.4% | +2.5% | −2.2% | +3.2% | −1.8% | +1.8% | −6.8% | +0.3% |
| 2020 | +3.4% | +11.0% | −11.2% | −3.3% | +7.6% | +4.1% | +8.4% | −0.9% | −1.4% | +6.5% | +1.3% | +5.8% |
| 2019 | — | — | — | — | — | — | — | +1.5% | −1.0% | −1.2% | +2.5% | +1.6% |
PCONX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 12.68%
- 3-year Sharpe ratio: 0.70 (vs 4.5% risk-free rate)
- Best month: +11.57% (Apr 2026)
- Worst month: −5.98% (Jul 2026)
PCONX 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 |
PCONX 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.