BOSTON, March 10, 2022 – Putnam Investments announced today that Putnam Convertible Securities Fund (class I shares) has received a 2022 Refinitiv Lipper Fund Award for its top performance over a five-year period. The award recognizes the fund’s consistently strong risk-adjusted performance relative to its peers in the convertible securities category.
Managed by industry veterans Robert L. Salvin and Anthony J. Daigle, Putnam Convertible Securities Fund seeks to balance much of the upside potential of equities, the lower downside risk of bonds and an attractive current yield.
“Putnam is proud to be recognized by Lipper for the strong, long-term results of Putnam Convertible Securities Fund,” said Robert L. Reynolds, President and Chief Executive Officer, Putnam Investments. “It is an honor to receive this award, which validates our firm’s commitment to investment management excellence every single day.”
About the Refinitiv Lipper Fund Awards
Since 2006, the Lipper Fund Awards have annually recognized funds and fund management firms for their consistently strong risk-adjusted three-, five- and 10-year performance relative to their peers based upon Lipper’s quantitative, proprietary methodology. The awards are sponsored by Refinitiv, an LSEG (London Stock Exchange Group) business, and one of the world’s largest providers of financial markets data and infrastructure. For more information, visit lipperfundawards.com.
About Putnam Investments
Founded in 1937, Putnam Investments is a global money management firm with over 80 years of investment experience. At the end of January 2022, Putnam had $196 billion in assets under management. Putnam has offices in Boston, London, Munich, Tokyo, Singapore and Sydney. For more information, visit putnam.com.