PGEOX Performance — George Putnam Balanced Fund, Class A
Data updated: 2026-10-13
PGEOX returned +7.43% year to date and +15.02% over one year to Jul 2026. Annualised returns are +14.54% over 3 years and +8.31% over 5 years. The fund beat its Moderate Allocation category average: $100 invested three years ago grew to $150, against $138 for the category, and to $115 over one year, against $115. Volatility over the past three years was 9.69% a year. In the 12 months to Jul 2026 the fund took in a net $41.5M, and assets reached $2.40B.
PGEOX Growth of $100
What $100 invested in George Putnam Balanced Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Moderate Allocation category average over the same months.
| Period | PGEOX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $115 | $115 |
| 3 years (Aug 2023 – Jul 2026) | $150 | $138 |
| 5 years (Aug 2021 – Jul 2026) | $149 | $133 |
| Since data start (Aug 2019 – Jul 2026) | $202 | $168 |
PGEOX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +7.43% |
| 1 year | +15.02% |
| 3 years (annualised) | +14.54% |
| 5 years (annualised) | +8.31% |
PGEOX Annual Returns
Calendar-year total returns of George Putnam Balanced Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +7.43% |
| 2025 | +16.10% |
| 2024 | +21.33% |
| 2023 | +13.10% |
| 2022 | −13.27% |
| 2021 | +19.49% |
| 2020 | +8.64% |
| 2019 (Aug–Dec) | +4.71% |
PGEOX 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 | +1.1% | +0.4% | −3.5% | +6.7% | +3.7% | −0.8% | −0.1% | — | — | — | — | — |
| 2025 | +3.9% | −0.6% | −4.1% | −0.4% | +4.1% | +4.1% | +1.5% | +1.5% | +3.1% | +2.0% | +0.7% | −0.3% |
| 2024 | +7.5% | −3.5% | +2.7% | +3.1% | +1.3% | +2.7% | +4.0% | −1.4% | +2.3% | +1.6% | +2.0% | −2.3% |
| 2023 | +5.0% | +1.4% | +2.8% | −2.2% | +1.9% | +4.0% | +0.4% | −1.7% | −3.5% | −1.0% | +1.5% | +4.3% |
| 2022 | −1.0% | −6.6% | +0.7% | −2.6% | +6.8% | −5.8% | +0.5% | +4.8% | −7.4% | −3.5% | +5.1% | −3.9% |
| 2021 | +7.3% | +3.6% | +1.8% | +1.1% | +1.9% | +2.0% | +0.2% | +4.6% | −3.4% | +2.0% | −3.9% | +1.5% |
| 2020 | +2.3% | +8.4% | −8.4% | −4.2% | +4.0% | +2.0% | +3.7% | −1.8% | −2.4% | +4.3% | −0.8% | +2.4% |
| 2019 | — | — | — | — | — | — | — | +1.6% | +0.8% | −0.3% | +0.5% | +2.1% |
PGEOX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 9.69%
- 3-year Sharpe ratio: 1.04 (vs 4.5% risk-free rate)
- Best month: +7.47% (Jan 2024)
- Worst month: −4.10% (Mar 2025)
PGEOX Fund Flows
Monthly money in and out of George Putnam Balanced Fund, from SEC Form N-PORT.
- 12-month net flow: $41.5M
- 12-month gross sales (incl. reinvestments): $428.3M
- Sales ÷ redemptions: 1.11×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $35.5M | $33.1M | $2.4M |
| Jun 2026 | $20.1M | $23.3M | −$3.1M |
| May 2026 | $18.0M | $21.1M | −$3.1M |
| Apr 2026 | $28.0M | $27.5M | $557K |
| Mar 2026 | $20.9M | $30.9M | −$10.0M |
| Feb 2026 | $18.0M | $28.1M | −$10.1M |
| Jan 2026 | $20.6M | $32.5M | −$12.0M |
| Dec 2025 | $169.9M | $51.4M | $118.5M |
| Nov 2025 | $16.6M | $28.4M | −$11.7M |
| Oct 2025 | $37.1M | $59.9M | −$22.8M |
| Sep 2025 | $22.1M | $23.4M | −$1.3M |
| Aug 2025 | $21.4M | $27.2M | −$5.8M |
PGEOX Assets Under Management
Net assets of George Putnam Balanced Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $2.40B |
| 2026-04-30 | $2.34B |
| 2026-01-31 | $2.29B |
| 2025-10-31 | $2.32B |
| 2025-07-31 | $2.21B |
| 2025-04-30 | $2.03B |
| 2025-01-31 | $2.16B |
| 2024-10-31 | $2.08B |
| 2024-07-31 | $2.03B |
| 2024-04-30 | $1.86B |
| 2024-01-31 | $1.82B |
| 2023-10-31 | $1.62B |
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.