Description

The George Putnam Balanced Class A fund strategically deploys its capital across a blend of fixed-income securities and common stocks. While diversified, its investment approach shows a distinct preference for equities, focusing on shares of large-capitalization U.S. corporations, which may be selected for their growth potential, their perceived undervaluation, or a combination of both. For example, a core strategy involves the managers identifying and acquiring stocks of companies they believe are trading below their intrinsic worth.