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GEORGE PUTNAM FUND OF BOSTON
mutual fund
PGEMX
Payout Change
Pending
Price as of:
$25.48
+0.19
+0.75%
primary theme
U.S. Balanced Allocation
share class
PGEMX (Mutual Fund)
GEORGE PUTNAM FUND OF BOSTON
Payout Change
Pending
Price as of:
$25.48
+0.19
+0.75%
primary theme
U.S. Balanced Allocation
share class
PGEMX (Mutual Fund)
GEORGE PUTNAM FUND OF BOSTON
Payout Change
Pending
Price as of:
$25.48
+0.19
+0.75%
primary theme
U.S. Balanced Allocation
share class
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
18.0%
1 yr return
18.1%
3 Yr Avg Return
5.8%
5 Yr Avg Return
8.9%
Net Assets
$1.88 B
Holdings in Top 10
29.5%
52 WEEK LOW AND HIGH
$25.3
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.43%
SALES FEES
Front Load 3.50%
Deferred Load N/A
TRADING FEES
Turnover 93.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
PGEMX - Profile
Distributions
- YTD Total Return 18.0%
- 3 Yr Annualized Total Return 5.8%
- 5 Yr Annualized Total Return 8.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.19%
- Dividend Yield 3.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameGEORGE PUTNAM FUND OF BOSTON
-
Fund Family NamePutnam Family of Funds
-
Inception DateJun 13, 1995
-
Shares OutstandingN/A
-
Share ClassM
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerKathryn Lakin
Fund Description
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 company’s 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.
PGEMX - Performance
Return Ranking - Trailing
| Period | PGEMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 18.0% | -2.7% | 72.6% | 6.17% |
| 1 Yr | 18.1% | -1.8% | 67.6% | 5.43% |
| 3 Yr | 5.8%* | -5.1% | 20.7% | 8.71% |
| 5 Yr | 8.9%* | -3.8% | 21.1% | 11.33% |
| 10 Yr | 8.2%* | 0.7% | 13.6% | 13.73% |
* Annualized
Return Ranking - Calendar
| Period | PGEMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 18.4% | -12.2% | 23.9% | 4.13% |
| 2022 | -18.3% | -34.7% | 2.8% | 47.98% |
| 2021 | 5.5% | -11.9% | 18.1% | 48.22% |
| 2020 | 7.9% | -20.9% | 39.7% | 48.06% |
| 2019 | 16.3% | 0.8% | 25.7% | 20.67% |
Total Return Ranking - Trailing
| Period | PGEMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 18.0% | -2.7% | 72.6% | 6.17% |
| 1 Yr | 18.1% | -1.8% | 67.6% | 5.43% |
| 3 Yr | 5.8%* | -5.1% | 20.7% | 8.71% |
| 5 Yr | 8.9%* | -3.8% | 21.1% | 11.33% |
| 10 Yr | 8.2%* | 0.7% | 13.6% | 13.73% |
* Annualized
Total Return Ranking - Calendar
| Period | PGEMX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 19.3% | -12.2% | 26.8% | 5.60% |
| 2022 | -16.3% | -29.0% | 10.9% | 77.66% |
| 2021 | 13.4% | -3.0% | 27.3% | 48.69% |
| 2020 | 14.9% | -19.5% | 40.6% | 30.26% |
| 2019 | 23.5% | 2.2% | 32.7% | 8.50% |
NAV & Total Return History
PGEMX - Holdings
Concentration Analysis
| PGEMX | Category Low | Category High | PGEMX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.88 B | 861 K | 235 B | 31.04% |
| Number of Holdings | 702 | 2 | 16143 | 17.85% |
| Net Assets in Top 10 | 612 M | 859 K | 66.9 B | 49.56% |
| Weighting of Top 10 | 29.46% | 10.8% | 122.7% | 73.60% |
Top 10 Holdings
- SHORT TERM INV FUND 5.89%
- COMMON STOCK 4.28%
- COMMON STOCK 4.02%
- COMMON STOCK 3.64%
- COMMON STOCK 2.54%
- EQUITY INDEX FUTURE 2.37%
- COMMON STOCK 2.19%
- COMMON STOCK 1.68%
- COMMON STOCK 1.45%
- COMMON STOCK 1.38%
Asset Allocation
| Weighting | Return Low | Return High | PGEMX % Rank | |
|---|---|---|---|---|
| Stocks | 61.48% | 0.00% | 100.10% | 68.58% |
| Bonds | 34.24% | 0.00% | 77.71% | 22.86% |
| Cash | 6.45% | -7.92% | 100.00% | 13.72% |
| Other | 5.17% | -42.55% | 113.97% | 6.64% |
| Convertible Bonds | 1.27% | 0.00% | 23.84% | 17.83% |
| Preferred Stocks | 0.00% | 0.00% | 24.59% | 53.10% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PGEMX % Rank | |
|---|---|---|---|---|
| Technology | 23.19% | 0.00% | 44.21% | 20.57% |
| Healthcare | 14.43% | 0.00% | 29.35% | 32.49% |
| Consumer Cyclical | 13.82% | 0.00% | 19.36% | 4.62% |
| Financial Services | 13.19% | 0.00% | 38.77% | 71.68% |
| Industrials | 10.01% | 0.00% | 24.37% | 52.31% |
| Communication Services | 7.50% | 0.00% | 38.10% | 43.22% |
| Consumer Defense | 7.12% | 0.00% | 15.14% | 40.69% |
| Energy | 3.96% | 0.00% | 85.65% | 68.55% |
| Utilities | 2.87% | 0.00% | 99.55% | 54.69% |
| Basic Materials | 2.82% | 0.00% | 25.57% | 75.86% |
| Real Estate | 1.09% | 0.00% | 65.01% | 87.93% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PGEMX % Rank | |
|---|---|---|---|---|
| US | 59.48% | 0.00% | 100.10% | 71.98% |
| Non US | 2.01% | 0.00% | 42.80% | 22.57% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | PGEMX % Rank | |
|---|---|---|---|---|
| Government | 38.89% | 0.00% | 97.26% | 27.19% |
| Corporate | 37.24% | 0.00% | 98.21% | 35.81% |
| Securitized | 18.42% | 0.00% | 92.13% | 46.66% |
| Cash & Equivalents | 6.45% | 0.00% | 99.92% | 13.13% |
| Derivative | 5.17% | -4.58% | 41.29% | 2.06% |
| Municipal | 0.16% | 0.00% | 24.80% | 49.03% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | PGEMX % Rank | |
|---|---|---|---|---|
| US | 34.24% | 0.00% | 77.71% | 22.27% |
| Non US | 0.00% | 0.00% | 15.37% | 47.64% |
PGEMX - Expenses
Operational Fees
| PGEMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.43% | 0.03% | 27.98% | 24.34% |
| Management Fee | 0.51% | 0.00% | 1.83% | 59.30% |
| 12b-1 Fee | 0.75% | 0.00% | 1.00% | 74.44% |
| Administrative Fee | N/A | 0.01% | 0.83% | N/A |
Sales Fees
| PGEMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 3.50% | 2.25% | 5.75% | 90.91% |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| PGEMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| PGEMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 93.00% | 0.83% | 343.00% | 82.18% |
PGEMX - Distributions
Dividend Yield Analysis
| PGEMX | Category Low | Category High | PGEMX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.30% | 0.00% | 17.90% | 91.36% |
Dividend Distribution Analysis
| PGEMX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| PGEMX | Category Low | Category High | PGEMX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.19% | -2.34% | 13.92% | 89.49% |
Capital Gain Distribution Analysis
| PGEMX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Monthly | Semi-Monthly |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 26, 2024 | $0.208 | OrdinaryDividend |
| Nov 26, 2024 | $0.115 | CapitalGainShortTerm |
| Nov 26, 2024 | $0.590 | CapitalGainLongTerm |
| Aug 28, 2024 | $0.054 | OrdinaryDividend |
| Feb 27, 2024 | $0.048 | OrdinaryDividend |
| Nov 28, 2023 | $0.049 | OrdinaryDividend |
| Aug 28, 2023 | $0.034 | OrdinaryDividend |
| May 25, 2023 | $0.037 | OrdinaryDividend |
| Feb 24, 2023 | $0.032 | OrdinaryDividend |
| Nov 28, 2022 | $0.431 | OrdinaryDividend |
| Aug 26, 2022 | $0.015 | OrdinaryDividend |
| May 25, 2022 | $0.015 | OrdinaryDividend |
| Feb 24, 2022 | $0.007 | OrdinaryDividend |
| Nov 26, 2021 | $1.697 | OrdinaryDividend |
| Aug 26, 2021 | $0.006 | OrdinaryDividend |
| May 26, 2021 | $0.007 | OrdinaryDividend |
| Feb 24, 2021 | $0.008 | OrdinaryDividend |
| Nov 25, 2020 | $1.256 | OrdinaryDividend |
| Aug 26, 2020 | $0.021 | OrdinaryDividend |
| May 27, 2020 | $0.048 | OrdinaryDividend |
| Feb 26, 2020 | $0.045 | OrdinaryDividend |
| Nov 26, 2019 | $1.086 | OrdinaryDividend |
| Aug 28, 2019 | $0.044 | OrdinaryDividend |
| May 28, 2019 | $0.048 | OrdinaryDividend |
| Feb 26, 2019 | $0.048 | OrdinaryDividend |
| Nov 28, 2018 | $0.045 | OrdinaryDividend |
| Nov 28, 2018 | $0.314 | CapitalGainShortTerm |
| Nov 28, 2018 | $1.044 | CapitalGainLongTerm |
| Aug 28, 2018 | $0.039 | OrdinaryDividend |
| May 25, 2018 | $0.035 | OrdinaryDividend |
| Feb 26, 2018 | $0.035 | OrdinaryDividend |
| Nov 28, 2017 | $0.034 | OrdinaryDividend |
| Aug 28, 2017 | $0.031 | OrdinaryDividend |
| May 25, 2017 | $0.032 | OrdinaryDividend |
| Feb 24, 2017 | $0.033 | OrdinaryDividend |
| Nov 28, 2016 | $0.031 | OrdinaryDividend |
| Aug 26, 2016 | $0.031 | OrdinaryDividend |
| May 25, 2016 | $0.032 | OrdinaryDividend |
| Feb 25, 2016 | $0.032 | OrdinaryDividend |
| Nov 30, 2015 | $0.032 | OrdinaryDividend |
| Aug 27, 2015 | $0.024 | OrdinaryDividend |
| May 28, 2015 | $0.024 | OrdinaryDividend |
| Feb 26, 2015 | $0.024 | OrdinaryDividend |
| Nov 26, 2014 | $0.025 | OrdinaryDividend |
| Aug 28, 2014 | $0.037 | OrdinaryDividend |
| May 29, 2014 | $0.038 | OrdinaryDividend |
| Feb 27, 2014 | $0.034 | OrdinaryDividend |
| Nov 27, 2013 | $0.035 | OrdinaryDividend |
| Aug 29, 2013 | $0.031 | OrdinaryDividend |
| May 29, 2013 | $0.033 | OrdinaryDividend |
| Feb 27, 2013 | $0.033 | OrdinaryDividend |
| Nov 29, 2012 | $0.033 | OrdinaryDividend |
| Aug 29, 2012 | $0.034 | OrdinaryDividend |
| May 29, 2012 | $0.034 | OrdinaryDividend |
| Feb 28, 2012 | $0.035 | OrdinaryDividend |
| Nov 28, 2011 | $0.035 | OrdinaryDividend |
| Aug 29, 2011 | $0.034 | OrdinaryDividend |
| May 26, 2011 | $0.035 | OrdinaryDividend |
| Feb 25, 2011 | $0.035 | OrdinaryDividend |
| Nov 29, 2010 | $0.036 | OrdinaryDividend |
| Aug 27, 2010 | $0.036 | OrdinaryDividend |
| May 27, 2010 | $0.036 | OrdinaryDividend |
| Feb 25, 2010 | $0.036 | OrdinaryDividend |
| Nov 30, 2009 | $0.037 | OrdinaryDividend |
| Aug 26, 2009 | $0.086 | OrdinaryDividend |
| May 28, 2009 | $0.087 | OrdinaryDividend |
| Feb 26, 2009 | $0.118 | OrdinaryDividend |
| Nov 26, 2008 | $0.143 | OrdinaryDividend |
| Nov 26, 2008 | $0.094 | CapitalGainLongTerm |
| Aug 28, 2008 | $0.139 | OrdinaryDividend |
| May 29, 2008 | $0.137 | OrdinaryDividend |
| Feb 26, 2008 | $0.106 | OrdinaryDividend |
| Nov 27, 2007 | $0.095 | OrdinaryDividend |
| Nov 27, 2007 | $0.122 | ExtraDividend |
| Nov 27, 2007 | $0.586 | CapitalGainShortTerm |
| Nov 27, 2007 | $0.943 | CapitalGainLongTerm |
| Aug 27, 2007 | $0.093 | OrdinaryDividend |
| May 22, 2007 | $0.095 | OrdinaryDividend |
| Feb 21, 2007 | $0.092 | OrdinaryDividend |
| Nov 22, 2006 | $0.090 | OrdinaryDividend |
| Nov 22, 2006 | $0.078 | ExtraDividend |
| Nov 22, 2006 | $0.291 | CapitalGainShortTerm |
| Nov 22, 2006 | $1.242 | CapitalGainLongTerm |
| Aug 23, 2006 | $0.076 | OrdinaryDividend |
| May 22, 2006 | $0.077 | OrdinaryDividend |
| Feb 21, 2006 | $0.077 | OrdinaryDividend |
| Nov 22, 2005 | $0.077 | OrdinaryDividend |
| Nov 22, 2005 | $0.101 | ExtraDividend |
| Nov 22, 2005 | $0.023 | CapitalGainShortTerm |
| Nov 22, 2005 | $0.358 | CapitalGainLongTerm |
| Aug 23, 2005 | $0.077 | OrdinaryDividend |
| May 20, 2005 | $0.078 | OrdinaryDividend |
| Feb 18, 2005 | $0.056 | OrdinaryDividend |
| Nov 22, 2004 | $0.057 | OrdinaryDividend |
| Aug 23, 2004 | $0.057 | OrdinaryDividend |
| May 21, 2004 | $0.057 | OrdinaryDividend |
| Feb 20, 2004 | $0.057 | OrdinaryDividend |
| Nov 21, 2003 | $0.068 | OrdinaryDividend |
| Aug 22, 2003 | $0.068 | OrdinaryDividend |
| May 21, 2003 | $0.070 | OrdinaryDividend |
| Feb 21, 2003 | $0.069 | OrdinaryDividend |
| Nov 22, 2002 | $0.113 | OrdinaryDividend |
| Sep 19, 2002 | $0.044 | OrdinaryDividend |
| Aug 21, 2002 | $0.106 | OrdinaryDividend |
| May 21, 2002 | $0.106 | OrdinaryDividend |
| Feb 21, 2002 | $0.105 | OrdinaryDividend |
| Nov 23, 2001 | $0.105 | OrdinaryDividend |
| Aug 21, 2001 | $0.105 | OrdinaryDividend |
| May 22, 2001 | $0.115 | OrdinaryDividend |
| Feb 21, 2001 | $0.115 | OrdinaryDividend |
| Nov 22, 2000 | $0.114 | OrdinaryDividend |
| Aug 22, 2000 | $0.115 | OrdinaryDividend |
| May 23, 2000 | $0.130 | OrdinaryDividend |
| Feb 23, 2000 | $0.129 | OrdinaryDividend |
| Nov 23, 1999 | $0.128 | OrdinaryDividend |
| Nov 23, 1999 | $0.166 | CapitalGainShortTerm |
| Nov 23, 1999 | $1.060 | CapitalGainLongTerm |
| Aug 23, 1999 | $0.127 | OrdinaryDividend |
| May 21, 1999 | $0.128 | OrdinaryDividend |
| Feb 23, 1999 | $0.127 | OrdinaryDividend |
| Nov 23, 1998 | $0.127 | OrdinaryDividend |
| Nov 23, 1998 | $0.442 | CapitalGainShortTerm |
| Nov 23, 1998 | $0.757 | CapitalGainLongTerm |
| Aug 21, 1998 | $0.126 | OrdinaryDividend |
| May 21, 1998 | $0.127 | OrdinaryDividend |
| Feb 23, 1998 | $0.128 | OrdinaryDividend |
| Nov 20, 1997 | $0.130 | OrdinaryDividend |
| Nov 20, 1997 | $0.430 | CapitalGainShortTerm |
| Nov 20, 1997 | $0.782 | CapitalGainLongTerm |
| Aug 20, 1997 | $0.129 | OrdinaryDividend |
| May 16, 1997 | $0.132 | OrdinaryDividend |
| Feb 18, 1997 | $0.123 | OrdinaryDividend |
| Nov 21, 1996 | $0.124 | OrdinaryDividend |
| Nov 21, 1996 | $0.097 | ExtraDividend |
| Nov 21, 1996 | $0.229 | CapitalGainShortTerm |
| Nov 21, 1996 | $0.680 | CapitalGainLongTerm |
| Aug 21, 1996 | $0.124 | OrdinaryDividend |
PGEMX - Fund Manager Analysis
Managers
Kathryn Lakin
Start Date
Tenure
Tenure Rank
Feb 28, 2019
3.25
3.3%
Ms. Lakin is Director of Equity Research. She is responsible for managing a team of analysts, associates, and interns covering multiple sectors. In addition, she is a portfolio manager of Putnam's small-cap core strategy. Ms. Lakin joined Putnam in 2012 and has been in the investment industry since 2008. Prior to joining Putnam, Ms. Lakin was an Equity Research Analyst from 2011 to 2012 and an Equity Research Associate from 2008 to 2011 at Fidelity Investments. Ms. Lakin earned an M.B.A. from Yale School of Management and a B.A. from Wellesley College.
Andrew Benson
Start Date
Tenure
Tenure Rank
Aug 31, 2021
0.75
0.8%
Mr. Benson is a Portfolio Manager in the Fixed Income group. He specializes in investment-grade and crossover strategies within the Corporate and Tax-Exempt Credit team. Mr. Benson is a Portfolio Manager of Putnam’s Core Bond, Core Bond Intermediate, Core Plus, Investment-Grade Corporate Credit, Short Duration Bond, Stable Value, and Ultra Short Duration Income strategies as well as crossover credit and preferred mandates. He collaborates with portfolio managers and analysts on ESG integration, assessing the fundamental relevance of ESG issues at a security level and the potential for alpha generation and risk mitigation at the portfolio level. Mr. Benson has been in the investment industry since he joined Putnam in 2008. Previously at Putnam, Mr. Benson was an Investment-Grade Trader and an Analyst in the Global Credit Research group, focusing on high-yield and investment-grade issuers in the food, beverage, restaurant, and supermarket sectors. Earlier, he served as a High-Yield Trader and Investment Associate, covering the gaming, technology, and auto supplier sectors. Mr. Benson earned a B.A. in Economics from Tufts University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 34.51 | 6.39 | 2.41 |
