Putnam Convertible Financials
| PRCCX Fund | USD 25.62 0.11 0.43% |
Putnam |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Putnam Convertible Fund Summary
Putnam Convertible competes with Putnam Equity, Putnam Tax, Putnam Floating, Putnam High, and Putnam Floating. The fund invests mainly in convertible securities of U.S. companies. Convertible securities combine the investment characteristics of bonds and common stocks. Under normal circumstances, it invests at least 80 percent of the funds net assets in convertible securities. Convertible securities include bonds, preferred stocks and other instruments that can be converted into or exchanged for common stock or equivalent value. A significant portion of the convertible securities are below-investment-grade.Specialization | Convertibles, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| Business Address | Putnam Convertible Income |
| Mutual Fund Family | Putnam |
| Mutual Fund Category | Convertibles |
| Benchmark | Dow Jones Industrial |
| Phone | 800 225 1581 |
| Currency | USD - US Dollar |
Putnam Convertible Key Financial Ratios
Putnam Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Putnam Convertible's current stock value. Our valuation model uses many indicators to compare Putnam Convertible value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Putnam Convertible competition to find correlations between indicators driving Putnam Convertible's intrinsic value. More Info.Putnam Convertible Incm Gwth is rated top fund in price to earning among similar funds. It also is rated top fund in price to book among similar funds fabricating about 1.30 of Price To Book per Price To Earning. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Putnam Convertible's earnings, one of the primary drivers of an investment's value.Putnam Convertible Incm Systematic Risk
Putnam Convertible's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Putnam Convertible volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Putnam Convertible Incm correlated with the market. If Beta is less than 0 Putnam Convertible generally moves in the opposite direction as compared to the market. If Putnam Convertible Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Putnam Convertible Incm is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Putnam Convertible is generally in the same direction as the market. If Beta > 1 Putnam Convertible moves generally in the same direction as, but more than the movement of the benchmark.
Putnam Convertible Thematic Clasifications
Putnam Convertible Incm Gwth is part of Convertibles Funds investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Funds investing in convertibles debt instruments. Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date
This theme covers Funds investing in convertibles debt instruments. Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. Get More Thematic Ideas
Putnam Convertible Incm Gwth is rated top fund in net asset among similar funds. Total Asset Under Management (AUM) of Convertibles category is currently estimated at about 26 Billion. Putnam Convertible holds roughly 628.15 Million in net asset claiming about 2.42% of funds in Convertibles category.| Convertibles Funds | View |
Putnam Convertible November 14, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Putnam Convertible help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Putnam Convertible Incm Gwth. We use our internally-developed statistical techniques to arrive at the intrinsic value of Putnam Convertible Incm Gwth based on widely used predictive technical indicators. In general, we focus on analyzing Putnam Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Putnam Convertible's daily price indicators and compare them against related drivers.
| Downside Deviation | 0.4482 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 2.34 | |||
| Value At Risk | (0.64) | |||
| Potential Upside | 1.01 |
Other Information on Investing in Putnam Mutual Fund
Putnam Convertible financial ratios help investors to determine whether Putnam Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Putnam with respect to the benefits of owning Putnam Convertible security.
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