a_convertcvr.htm

0000928816-17-000792.txt : 20170315 0000928816-17-000792.hdr.sgml : 20170315 20170315120614 ACCESSION NUMBER: 0000928816-17-000792 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 16 FILED AS OF DATE: 20170315 DATE AS OF CHANGE: 20170315 EFFECTIVENESS DATE: 20170315 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM CONVERTIBLE SECURITIES FUND CENTRAL INDEX KEY: 0000081247 IRS NUMBER: 042493360 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 002-43384 FILM NUMBER: 17690387 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ STREET 2: MAILSTOP A 14 CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921000 MAIL ADDRESS: STREET 1: ONE POST OFFICE SQUARE CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM CONVERTIBLE INCOME GROWTH TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM CONVERTIBLE FUND DATE OF NAME CHANGE: 19841212 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM CONVERTIBLE FUND INC /PRED/ DATE OF NAME CHANGE: 19821109 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PUTNAM CONVERTIBLE SECURITIES FUND CENTRAL INDEX KEY: 0000081247 IRS NUMBER: 042493360 STATE OF INCORPORATION: MA FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-02280 FILM NUMBER: 17690388 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ STREET 2: MAILSTOP A 14 CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6172921000 MAIL ADDRESS: STREET 1: ONE POST OFFICE SQUARE CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM CONVERTIBLE INCOME GROWTH TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM CONVERTIBLE FUND DATE OF NAME CHANGE: 19841212 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM CONVERTIBLE FUND INC /PRED/ DATE OF NAME CHANGE: 19821109

0000081247 S000005511 PUTNAM CONVERTIBLE SECURITIES FUND

C000015003 Class C Shares

C000015004 Class A Shares PCONX

C000015005 Class B Shares PCNBX

C000015006 Class M Shares PCNMX

C000015007 Class R Shares PCVRX

C000015008 Class Y Shares PCGYX

C000153039 CLASS I

C000185474 Class T Shares

485BPOS 1 a_convertcvr.htm PUTNAM CONVERTIBLE SECURITIES TRUST a_convertcvr.htm


	As filed with the Securities and Exchange Commission on
	March 15, 2017

	Registration No. 2-43384
	811-02280


	SECURITIES AND EXCHANGE COMMISSION
	WASHINGTON, D.C. 20549

	---------------

	FORM N-1A
		----
	REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933	/ X /
		----
		----
	Pre-Effective Amendment No.	/ /
		----
		----
	Post-Effective Amendment No. 63	/ X /
	and/or	----
		----
	REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY	/ X /
	ACT OF 1940	----
		----
	Amendment No. 55	/ X /
	(Check appropriate box or boxes)	----
	---------------
	PUTNAM CONVERTIBLE SECURITIES FUND
	(Exact Name of Registrant as Specified in Charter)

	One Post Office Square, Boston, Massachusetts 02109
	(Address of Principal Executive Offices) (Zip Code)

	Registrant's Telephone Number, including Area Code
	(617) 292-1000
	--------------


	It is proposed that this filing will become effective
	(check appropriate box)

----
/ /	immediately upon filing pursuant to paragraph (b)
----
----
/ X /	on February 28, 2017 pursuant to paragraph (b)
----
----
/ /	60 days after filing pursuant to paragraph (a)(1)
----
----
/ /	on (date) pursuant to paragraph (a)(1)
----
----
/ /	75 days after filing pursuant to paragraph (a)(2)
----
----
/ /	on (date) pursuant to paragraph (a)(2) of Rule 485.
----
If appropriate, check the following box:
----
/ /	this post-effective amendment designates a new
----	effective date for a previously filed post-effective amendment.

	-----------------------

	ROBERT T. BURNS, Vice President
	PUTNAM CONVERTIBLE SECURITIES FUND
	One Post Office Square
	Boston, Massachusetts 02109
	(Name and address of agent for service)
	---------------
	Copy to:
	BRYAN CHEGWIDDEN, Esquire
	ROPES & GRAY LLP
	1211 Avenue of the Americas
	New York, New York 10036

PUTNAM CONVERTIBLE SECURITIES FUND

SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statement under Rule 485(b) under the Securities Act of 1933, as amended, and has duly caused this Amendment to its Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of Boston, and The Commonwealth of Massachusetts, on the 15^th day of March, 2017.

Putnam Convertible Securities Fund

By: /s/ Jonathan S. Horwitz, Executive Vice President, Principal Executive Officer and Compliance Liaison

Pursuant to the requirements of the Securities Act of 1933, as amended, this Amendment to the Registration Statement has been signed below by the following persons in the capacities and on the date indicated:

Signature

Title

Jameson A. Baxter *

Chair, Board of Trustees

Kenneth R. Leibler*

Vice Chair, Board of Trustees

Robert L. Reynolds*

President and Trustee

Jonathan S. Horwitz*

Executive Vice President, Principal Executive Officer

and Compliance Liaison

Janet C. Smith**	Vice President, Principal Financial Officer, Principal
	Accounting Officer and Assistant Treasurer

Liaquat Ahamed*

Trustee

Ravi Akhoury*

Trustee

Barbara M. Baumann*

Trustee

Robert J. Darretta*

Trustee

Katinka Domotorffy*

Trustee

John A. Hill*

Trustee

Paul L. Joskow*

Trustee

Robert E. Patterson*

Trustee

George Putnam, III*

Trustee

W. Thomas Stephens*

Trustee

By: /s/ Jonathan S. Horwitz, as Attorney-in-Fact

March 15, 2017

*Signed pursuant to power of attorney filed in Post-Effective Amendment No. 53 to the Registrant's Registration Statement on February 26, 2013.

** Signed pursuant to power of attorney filed in Post-Effective Amendment No. 62 to the Registrant's Registration Statement on February 28, 2017.

EX-101.INS 2 pconx-20170228.xml XBRL INSTANCE FILE 0000081247 2016-02-25 2017-02-28 0000081247 PCONX:S000005511Member PCONX:ClassIOrgMember 2016-02-25 2017-02-28 0000081247 PCONX:ClassABCMRYOrgMember PCONX:S000005511Member PCONX:C000015004Member 2016-02-25 2017-02-28 0000081247 PCONX:ClassABCMRYOrgMember PCONX:S000005511Member PCONX:C000015005Member 2016-02-25 2017-02-28 0000081247 PCONX:ClassABCMRYOrgMember PCONX:S000005511Member PCONX:C000015003Member 2016-02-25 2017-02-28 0000081247 PCONX:ClassABCMRYOrgMember PCONX:S000005511Member PCONX:C000015006Member 2016-02-25 2017-02-28 0000081247 PCONX:ClassABCMRYOrgMember PCONX:S000005511Member PCONX:C000015007Member 2016-02-25 2017-02-28 0000081247 PCONX:ClassABCMRYOrgMember PCONX:S000005511Member PCONX:C000015008Member 2016-02-25 2017-02-28 0000081247 PCONX:ClassABCMRYOrgMember PCONX:S000005511Member PCONX:C000015004Member rr:AfterTaxesOnDistributionsMember 2016-02-25 2017-02-28 0000081247 PCONX:ClassABCMRYOrgMember PCONX:S000005511Member PCONX:C000015004Member rr:AfterTaxesOnDistributionsAndSalesMember 2016-02-25 2017-02-28 0000081247 PCONX:ClassABCMRYOrgMember PCONX:S000005511Member PCONX:BofAMerrillLynchAllUSConvertiblesIndexMember 2016-02-25 2017-02-28 0000081247 PCONX:ClassIOrgMember PCONX:S000005511Member PCONX:C000153039Member 2016-02-25 2017-02-28 0000081247 PCONX:ClassIOrgMember PCONX:S000005511Member PCONX:C000153039Member rr:AfterTaxesOnDistributionsMember 2016-02-25 2017-02-28 0000081247 PCONX:ClassIOrgMember PCONX:S000005511Member PCONX:C000153039Member rr:AfterTaxesOnDistributionsAndSalesMember 2016-02-25 2017-02-28 0000081247 PCONX:ClassABCMRYOrgMember PCONX:S000005511Member 2016-02-25 2017-02-28 0000081247 PCONX:ClassIOrgMember PCONX:S000005511Member PCONX:BofAMerrillLynchAllUSConvertiblesIndexMember 2016-02-25 2017-02-28 0000081247 PCONX:ClassABCMRYOrgMember PCONX:S000005511Member PCONX:C000185474Member 2016-02-25 2017-02-28 iso4217:USD xbrli:pure 485BPOS 2016-12-31 PUTNAM CONVERTIBLE SECURITIES FUND 0000081247 false PCONX 2017-02-28 2017-02-28 2017-02-28 0.0575 0 0 0.0350 0 0 0 0.0250 0.0100 0.0500 0.0100 0 0 0 0 0 0.49 0.49 You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Putnam funds. More information about these and other discounts is available from your financial advisor and in <i>How do I buy fund shares?</i> beginning on page 13 of the fund’s prospectus, in the Appendix to the fund’s prospectus, and in <i>How to buy shares</i> beginning on page II-1 of the fund’s statement of additional information (SAI). It is important to understand that you can lose money by investing in the fund. It is important to understand that you can lose money by investing in the fund. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The performance information below gives some indication of the risks associated with an investment in the fund by showing the funds performance year to year and over time. The performance information below gives some indication of the risks associated with an investment in the fund by showing the funds performance year to year and over time. Please remember that past performance is not necessarily an indication of future results. Please remember that past performance is not necessarily an indication of future results. 0.0588 -0.3946 0.5375 0.1955 -0.0647 0.1509 0.2196 0.0747 -0.0703 Best calendar quarter Best calendar quarter Worst calendar quarter Worst calendar quarter 2016-09-30 2009-06-30 0.0686 0.1905 2016-03-31 2008-12-31 -0.0128 -0.2603 After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. <b>Fund Summary</b> <b>Fund summary</b> <b>Goal</b> <b>Goal</b> Putnam Convertible Securities Fund seeks, with equal emphasis, current income and capital appreciation. Putnam Convertible Securities Fund seeks, with equal emphasis, current income and capital appreciation. Its secondary objective is conservation of capital. Its secondary objective is conservation of capital. <b>Fees and expenses</b> <b>Fees and expenses</b> The following table describes the fees and expenses you may pay if you buy and hold Class I shares of the fund. The following table describes the fees and expenses you may pay if you buy and hold shares of the fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Putnam funds. More information about these and other discounts is available from your financial advisor and in <i>How do I buy fund shares?</i> beginning on page 13 of the fund’s prospectus, in the Appendix to the fund’s prospectus, and in <i>How to buy shares</i> beginning on page II-1 of the fund’s statement of additional information (SAI). <b>Shareholder fees </b><i>(fees paid directly from your investment) <b>Shareholder fees </b><i>(fees paid directly from your investment) <b>Annual fund operating expenses </b><i>(expenses you pay each year as a percentage of the value of your investment)</i> <b>Annual fund operating expenses </b><i>(expenses you pay each year as a percentage of the value of your investment)</i> <b>Portfolio turnover</b> <b>Portfolio turnover</b> The fund pays transaction-related costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher turnover rate may indicate higher transaction costs and may result in higher taxes when the fund’s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or the above example, affect fund performance. The fund’s turnover rate in the most recent fiscal year was 49%. The fund pays transaction-related costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher turnover rate may indicate higher transaction costs and may result in higher taxes when the fund’s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or the above example, affect fund performance. The fund’s turnover rate in the most recent fiscal year was 49%. <b>Example</b> <b>Example</b> The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund’s operating expenses remain the same. Your actual costs may be higher or lower. The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then, except as indicated, redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund’s operating expenses remain the same. Your actual costs may be higher or lower. <b>Investments</b> <b>Investments</b> We invest mainly in convertible securities of U.S. companies. Under normal circumstances, we invest at least 80% of the fund’s net assets in convertible securities. This policy may be changed only after 60 days’ notice to shareholders. Convertible securities combine the investment characteristics of bonds and common stocks. 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 we buy are below-investment-grade (sometimes referred to as “junk bonds”). The convertible bonds we buy usually have intermediate-to long-term stated maturities (i.e., three years or longer), but often contain “put” features, which allow bondholders to sell the bond back to the company under specified circumstances, that result in shorter effective maturities. When deciding whether to buy or sell investments, we may consider, among other factors: (i) a security’s structural features, such as its position in a company’s capital structure and “put” and “call” features (a company’s right to repurchase the security under specified circumstances is a “call” feature); (ii) credit and prepayment risks; and (iii) with respect to a company’s common stock underlying a convertible security, the stock’s valuation and the company’s financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends. We invest mainly in convertible securities of U.S. companies. Under normal circumstances, we invest at least 80% of the fund’s net assets in convertible securities. This policy may be changed only after 60 days’ notice to shareholders. Convertible securities combine the investment characteristics of bonds and common stocks. 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 we buy are below-investment-grade (sometimes referred to as “junk bonds”). The convertible bonds we buy usually have intermediate-to long-term stated maturities (i.e., three years or longer), but often contain “put” features, which allow bondholders to sell the bond back to the company under specified circumstances, that result in shorter effective maturities. When deciding whether to buy or sell investments, we may consider, among other factors: (i) a security’s structural features, such as its position in a company’s capital structure and “put” and “call” features (a company’s right to repurchase the security under specified circumstances is a “call” feature); (ii) credit and prepayment risks; and (iii) with respect to a company’s common stock underlying a convertible security, the stock’s valuation and the company’s financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends. <b>Risks</b> <b>Risks</b> It is important to understand that you can lose money by investing in the fund<br /> <br /> The value of convertible securities in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general financial market conditions, changing market perceptions (including perceptions about the risk of default and expectations about monetary policy or interest rates), changes in government intervention in the financial markets, and factors related to a specific issuer or industry. These and other factors may lead to increased volatility and reduced liquidity in the fund’s portfolio holdings. These risks are generally greater for convertible securities issued by small and midsize companies (which may constitute a significant portion of the fund’s investments from time to time). The value of convertible securities may be adversely affected by changes in the prices of underlying common stocks. Convertible securities tend to provide higher yields than common stocks. However, a higher yield may not protect investors against the risk of loss or adequately mitigate any loss associated with a decline in the price of a convertible security. Convertible securities are subject to credit risk, which is the risk that an issuer of the fund’s investments may default on payment of interest or principal. Credit risk is generally greater for below-investment-grade convertible securities (a significant part of the fund’s investments). Generally, convertible securities may be less sensitive to interest rate changes than non-convertible bonds as a result of convertible securities’ convertibility and “put” features. Interest rate risk is generally greater for longer-term bonds and convertible securities whose underlying stock price has fallen significantly below the conversion price.<br /> <br /> The fund may not achieve its goal, and it is not intended to be a complete investment program. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. It is important to understand that you can lose money by investing in the fund.<br /> <br /> The value of convertible securities in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general financial market conditions, changing market perceptions (including perceptions about the risk of default and expectations about monetary policy or interest rates), changes in government intervention in the financial markets, and factors related to a specific issuer or industry. These and other factors may lead to increased volatility and reduced liquidity in the fund’s portfolio holdings. These risks are generally greater for convertible securities issued by small and midsize companies (which may constitute a significant portion of the fund’s investments from time to time). The value of convertible securities may be adversely affected by changes in the prices of underlying common stocks. Convertible securities tend to provide higher yields than common stocks. However, a higher yield may not protect investors against the risk of loss or adequately mitigate any loss associated with a decline in the price of a convertible security. Convertible securities are subject to credit risk, which is the risk that an issuer of the fund’s investments may default on payment of interest or principal. Credit risk is generally greater for below-investment-grade convertible securities (a significant part of the fund’s investments). Generally, convertible securities may be less sensitive to interest rate changes than non-convertible bonds as a result of convertible securities’ convertibility and “put” features. Interest rate risk is generally greater for longer-term bonds and convertible securities whose underlying stock price has fallen significantly below the conversion price.<br /> <br /> The fund may not achieve its goal, and it is not intended to be a complete investment program. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. <b>Performance</b> <b>Performance</b> The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund’s performance year to year and over time. Performance for class I shares prior to its inception (3/3/15) is derived from the historical performance of the fund’s class Y shares, which are not offered in this prospectus, and has not been adjusted to reflect the lower fees associated with class I shares; had it, returns would have been higher. Please remember that past performance is not necessarily an indication of future results. The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund's performance year to year and over time. The bar chart does not reflect the impact of sales charges. If it did, performance would be lower. Please remember that past performance is not necessarily an indication of future results. Monthly performance figures for the fund are available at putnam.com. <b>Annual total returns for class I shares </b> <b>Annual total returns for class A shares before sales charges</b> Best calendar quarter<br /><b>Q3 2016  6.86%<br /><br /></b>Worst calendar quarter<br /><b>Q1 2016  -1.28%</b> Best calendar quarter<br /><b>Q2 2009  19.05%<br /><br /></b>Worst calendar quarter<br /><b>Q4 2008  -26.03%</b> <b>Average annual total returns</b> <br /> <i>(for periods ending 12/31/16)</i> <b>Average annual total returns after sales charges </b><i>(for periods ending 12/31/16)</i> After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns are shown for class A shares only and will vary for other classes. These after-tax returns do not apply if you hold your fund shares through a 401(k) plan, an IRA, or another tax-advantaged arrangement.<br /> <br /> Class B share performance reflects conversion to class A shares after eight years. <div style="display: none">~ http://xbrl.sec.gov/rr/role/ShareholderFeesData column period compact * column dei_DocumentInformationDocumentAxis compact PCONX_ClassIOrgMember column dei_LegalEntityAxis compact PCONX_S000005511Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display: none">~ http://xbrl.sec.gov/rr/role/ShareholderFeesData column period compact * column dei_DocumentInformationDocumentAxis compact PCONX_ClassABCMRYOrgMember column dei_LegalEntityAxis compact PCONX_S000005511Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display: none">~ http://xbrl.sec.gov/rr/role/ExpenseExample column period compact * column dei_DocumentInformationDocumentAxis compact PCONX_ClassIOrgMember column dei_LegalEntityAxis compact PCONX_S000005511Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display: none">~ http://xbrl.sec.gov/rr/role/ExpenseExample column period compact * column dei_DocumentInformationDocumentAxis compact PCONX_ClassABCMRYOrgMember column dei_LegalEntityAxis compact PCONX_S000005511Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display: none">~ http://xbrl.sec.gov/rr/role/BarChartData column period compact * column dei_DocumentInformationDocumentAxis compact PCONX_ClassIOrgMember column dei_LegalEntityAxis compact PCONX_S000005511Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display: none">~ http://xbrl.sec.gov/rr/role/BarChartData column period compact * column dei_DocumentInformationDocumentAxis compact PCONX_ClassABCMRYOrgMember column dei_LegalEntityAxis compact PCONX_S000005511Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display: none">~ http://xbrl.sec.gov/rr/role/PerformanceTableData column period compact * column dei_DocumentInformationDocumentAxis compact PCONX_ClassIOrgMember column dei_LegalEntityAxis compact PCONX_S000005511Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display: none">~ http://xbrl.sec.gov/rr/role/PerformanceTableData column period compact * column dei_DocumentInformationDocumentAxis compact PCONX_ClassABCMRYOrgMember column dei_LegalEntityAxis compact PCONX_S000005511Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display: none">~ http://xbrl.sec.gov/rr/role/OperatingExpensesData column period compact * column dei_DocumentInformationDocumentAxis compact PCONX_ClassIOrgMember column dei_LegalEntityAxis compact PCONX_S000005511Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display: none">~ http://xbrl.sec.gov/rr/role/OperatingExpensesData column period compact * column dei_DocumentInformationDocumentAxis compact PCONX_ClassABCMRYOrgMember column dei_LegalEntityAxis compact PCONX_S000005511Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display: none">~ http://xbrl.sec.gov/rr/role/ExpenseExampleNoRedemption column period compact * column dei_DocumentInformationDocumentAxis compact PCONX_ClassABCMRYOrgMember column dei_LegalEntityAxis compact PCONX_S000005511Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> Under normal circumstances, we invest at least 80% of the fund’s net assets in convertible securities. This policy may be changed only after 60 days’ notice to shareholders. Convertible securities combine the investment characteristics of bonds and common stocks. Convertible securities include bonds, preferred stocks and other instruments that can be converted into or exchanged for common stock or equivalent value. Under normal circumstances, we invest at least 80% of the fund’s net assets in convertible securities. This policy may be changed only after 60 days’ notice to shareholders. Convertible securities combine the investment characteristics of bonds and common stocks. Convertible securities include bonds, preferred stocks and other instruments that can be converted into or exchanged for common stock or equivalent value. Performance for class I shares before their inception (3/3/15) is derived from the historical performance of the fund’s class Y shares, which are not offered in this prospectus, and has not been adjusted to reflect the lower fees associated with class I shares; had it, returns would have been higher. After-tax returns are shown for class A shares only and will vary for other classes. 50000 putnam.com The bar chart does not reflect the impact of sales charges. If it did, performance would be lower. 0.0063 0.0063 0.0063 0.0063 0.0063 0.0063 0.0063 0.0063 0.0025 0.0100 0.0100 0.0075 0.0050 0.0025 0.0021 0.0021 0.0021 0.0021 0.0021 0.0021 0.0006 0.0021 0.0109 0.0184 0.0184 0.0159 0.0134 0.0084 0.0069 0.0109 1827 1962 2159 2173 1613 1037 859 1545 1141 1195 995 1185 734 466 384 836 902 879 579 834 425 268 221 588 680 687 287 506 136 86 70 358 1962 2159 995 995 579 579 187 187 0.0951 0.0995 0.0478 0.0477 0.0461 0.0451 0.0514 0.0567 0.0371 0.0345 0.0645 0.0570 0.0450 0.0413 0.0645 0.0514 0.0768 0.0786 0.0814 0.0765 0.0869 0.0924 0.0638 0.0566 0.1098 0.0929 0.0779 0.0684 0.1098 0.0841 0.0321 0.0372 0.0771 0.0520 0.0928 0.0980 0.0242 0.0196 0.1043 0.0995 0.0873 0.0559 0.1043 0.0677 Restated to reflect current fees resulting from a change to the fund’s investor servicing arrangements effective September 1, 2016. Applies only to certain redemptions of shares bought with no initial sales charge. This charge is phased out over six years. This charge is eliminated after one year. Restated to reflect current fees resulting from a change to the fund's investor servicing arrangements effective September 1, 2016. Other expenses are based on expenses of class A shares for the fund's last fiscal year. Class T shares were not outstanding during the time periods shown. Performance shown for class T shares is derived from the historical performance of class A shares. EX-101.SCH 3 pconx-20170228.xsd XBRL SCHEMA FILE 00000004 - Document - Putnam Convertible Securities Summary Class A B C M R T Y {Unlabeled} link:presentationLink link:calculationLink link:definitionLink 00000005 - Document - Putnam Convertible Securities Summary Class I {Unlabeled} link:presentationLink link:calculationLink link:definitionLink EX-101.DEF 4 pconx-20170228_def.xml XBRL DEFINITION FILE EX-101.LAB 5 pconx-20170228_lab.xml XBRL LABEL FILE Legal Entity [Axis] Putnam Convertible Securities Fund Document Information, Document [Axis] Class I Class A B C M R T Y Share Class [Axis] Class A Class B Class C Class M Class R Class Y Performance Measure [Axis] after taxes on distributions after taxes on distributions and sale of fund shares BofA Merrill Lynch U.S. Convertible Index (no deduction for fees, expenses or taxes) Class I Class T Prospectus: [Table] Prospectus [Line Items] Risk/Return [Heading] Objective [Heading] Objective, Primary [Text Block] Objective, Secondary [Text Block] Expense [Heading] Expense Narrative [Text Block] Shareholder Fees Caption [Text] Shareholder Fees [Table] Operating Expenses Caption [Text] Annual Fund Operating Expenses [Table] Expense Footnotes [Text Block] Expenses Deferred Charges [Text Block] Expenses Range of Exchange Fees [Text Block] Expense Example [Heading] Expense Example by Year [Heading] Expense Example Narrative [Text Block] Expense Example by, Year, Caption [Text] Expense Example, With Redemption [Table] Expense Example, No Redemption Narrative [Text Block] Expense Example, No Redemption, By Year, Caption [Text] Expense Example, No Redemption [Table] Expense Example Footnotes [Text Block] Expense Example Closing [Text Block] Portfolio Turnover [Heading] Portfolio Turnover [Text Block] Strategy [Heading] Strategy Narrative [Text Block] Risk [Heading] Risk Narrative [Text Block] Risk Footnotes [Text Block] Risk Closing [Text Block] Bar Chart and Performance Table [Heading] Performance Narrative [Text Block] Bar Chart Narrative [Text Block] Bar Chart [Heading] Bar Chart [Table] Bar Chart Footnotes [Text Block] Bar Chart Closing [Text Block] Performance Table Heading Performance Table Narrative Performance [Table] Market Index Performance [Table] Performance Table Footnotes Performance Table Closing [Text Block] Shareholder Fees Column [Text] Maximum Cumulative Sales Charge (as a percentage of Offering Price) Maximum Cumulative Sales Charge (as a percentage) Maximum sales charge (load) imposed on purchases (as a percentage of offering price) Maximum Deferred Sales Charge (as a percentage of Offering Price) Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) Maximum Sales Charge on Reinvested Dividends and Distributions (as a percentage) Redemption Fee (as a percentage of Amount Redeemed) Redemption Fee Exchange Fee (as a percentage of Amount Redeemed) Exchange Fee Maximum Account Fee (as a percentage of Assets) Maximum Account Fee Shareholder Fee, Other Operating Expenses Column [Text] Management fees Distribution and service (12b-1) fees Distribution or Similar (Non 12b-1) Fees Component1 Other Expenses Component2 Other Expenses Component3 Other Expenses Other expenses Acquired Fund Fees and Expenses Total annual fund operating expenses Fee Waiver or Reimbursement Net Expenses (as a percentage of Assets) Expense Example, By Year, Column [Text] Expense Example, with Redemption, 1 Year Expense Example, with Redemption, 3 Years Expense Example, with Redemption, 5 Years Expense Example, with Redemption, 10 Years Expense Example, No Redemption, By Year, Column [Text] Expense Example, No Redemption, 1 Year Expense Example, No Redemption, 3 Years Expense Example, No Redemption, 5 Years Expense Example, No Redemption, 10 Years Annual Return Caption [Text] Annual Return, Column [Text] Annual Return, Inception Date Annual Return 1990 Annual Return 1991 Annual Return 1992 Annual Return 1993 Annual Return 1994 Annual Return 1995 Annual Return 1996 Annual Return 1997 Annual Return 1998 Annual Return 1999 Annual Return 2000 Annual Return 2001 Annual Return 2002 Annual Return 2003 Annual Return 2004 Annual Return 2005 Annual Return 2006 Annual Return 2007 Annual Return 2008 Annual Return 2009 Annual Return 2010 Annual Return 2011 Annual Return 2012 Annual Return 2013 Annual Return 2014 Annual Return 2015 Annual Return 2016 Annual Return 2017 Annual Return 2018 Annual Return 2019 Annual Return 2020 Label 1 Year 5 Years 10 Years Since Inception Inception Date Risk/Return Detail [Table] Document Type Document Period End Date Registrant Name Central Index Key Amendment Flag Amendment Description Trading Symbol Document Creation Date Document Effective Date Prospectus Date Fee Waiver or Reimbursement over Assets, Date of Termination Portfolio Turnover, Rate Expense Breakpoint Discounts [Text] Expense Breakpoint, Minimum Investment Required [Amount] Expense Exchange Traded Fund Commissions [Text] Expenses Represent Both Master and Feeder [Text] Expenses Explanation of Nonrecurring Account Fee [Text] Other Expenses, New Fund, Based on Estimates [Text] Acquired Fund Fees and Expenses, Based on Estimates [Text] Expenses Other Expenses Had Extraordinary Expenses Been Included [Text] Expenses Restated to Reflect Current [Text] Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] Strategy Portfolio Concentration [Text] Risk Lose Money [Text] Risk Nondiversified Status [Text] Risk Money Market Fund [Text] Risk Not Insured Depository Institution [Text] Risk Caption Risk Column [Text] Risk [Text] Performance Information Illustrates Variability of Returns [Text] Performance One Year or Less [Text] Performance Additional Market Index [Text] Performance Availability Phone [Text] Performance Availability Website Address [Text] Performance Past Does Not Indicate Future [Text] Bar Chart Does Not Reflect Sales Loads [Text] Bar Chart, Reason Selected Class Different from Immediately Preceding Period [Text] Bar Chart, Returns for Class Not Offered in Prospectus [Text] Year to Date Return, Label Bar Chart, Year to Date Return, Date Bar Chart, Year to Date Return Highest Quarterly Return, Label Highest Quarterly Return, Date Highest Quarterly Return Lowest Quarterly Return, Label Lowest Quarterly Return, Date Lowest Quarterly Return Performance Table Does Reflect Sales Loads Performance Table Market Index Changed EX-101.PRE 6 pconx-20170228_pre.xml XBRL PRESENTATION FILE GRAPHIC 8 BarChart1.png IDEA: XBRL DOCUMENT begin 644 BarChart1.png MB5!.1PT*&@H -24A$4@ H$ %;" 8 "J'E1L !'-"250(" @( M? 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Class A B C M R T Y | Putnam Convertible Securities Fund

Fund summary

Goal

Putnam Convertible Securities Fund seeks, with equal emphasis, current income and capital appreciation.

Its secondary objective is conservation of capital.

Fees and expenses

The following table describes the fees and expenses you may pay if you buy and hold shares of the fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Putnam funds. More information about these and other discounts is available from your financial advisor and in How do I buy fund shares? beginning on page 13 of the fund’s prospectus, in the Appendix to the fund’s prospectus, and in How to buy shares beginning on page II-1 of the fund’s statement of additional information (SAI).

Shareholder fees (fees paid directly from your investment)

Shareholder Fees - Class A B C M R T Y - Putnam Convertible Securities Fund

Class A

Class B

Class C

Class M

Class R

Class T

Class Y

Maximum sales charge (load) imposed on purchases (as a percentage of offering price) 5.75% none none 3.50% none 2.50% none

Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) 1.00% ^[1] 5.00% ^[2] 1.00% ^[3] none none none none

[1] Applies only to certain redemptions of shares bought with no initial sales charge.

[2] This charge is phased out over six years.

[3] This charge is eliminated after one year.

Annual fund operating expenses (expenses you pay each year as a percentage of the value of your investment)

Annual Fund Operating Expenses - Class A B C M R T Y - Putnam Convertible Securities Fund

Class A

Class B

Class C

Class M

Class R

Class T

Class Y

Management fees 0.63% 0.63% 0.63% 0.63% 0.63% 0.63% 0.63%

Distribution and service (12b-1) fees 0.25% 1.00% 1.00% 0.75% 0.50% 0.25%

Other expenses 0.21% ^[1] 0.21% ^[1] 0.21% ^[1] 0.21% ^[1] 0.21% ^[1] 0.21% ^[2] 0.21% ^[1]

Total annual fund operating expenses 1.09% 1.84% 1.84% 1.59% 1.34% 1.09% 0.84%

[1] Restated to reflect current fees resulting from a change to the fund's investor servicing arrangements effective September 1, 2016.

[2] Other expenses are based on expenses of class A shares for the fund's last fiscal year.

Example

The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then, except as indicated, redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund’s operating expenses remain the same. Your actual costs may be higher or lower.

Expense Example - Class A B C M R T Y - Putnam Convertible Securities Fund - USD ($)

Expense Example, with Redemption, 1 Year

Expense Example, with Redemption, 3 Years

Expense Example, with Redemption, 5 Years

Expense Example, with Redemption, 10 Years

Class A 680 902 1,141 1,827

Class B 687 879 1,195 1,962

Class C 287 579 995 2,159

Class M 506 834 1,185 2,173

Class R 136 425 734 1,613

Class T 358 588 836 1,545

Class Y 86 268 466 1,037

Expense Example, No Redemption - Class A B C M R T Y - Putnam Convertible Securities Fund - USD ($)

Expense Example, No Redemption, 1 Year

Expense Example, No Redemption, 3 Years

Expense Example, No Redemption, 5 Years

Expense Example, No Redemption, 10 Years

Class B 187 579 995 1,962

Class C 187 579 995 2,159

Portfolio turnover

The fund pays transaction-related costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher turnover rate may indicate higher transaction costs and may result in higher taxes when the fund’s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or the above example, affect fund performance. The fund’s turnover rate in the most recent fiscal year was 49%.

Investments

We invest mainly in convertible securities of U.S. companies. Under normal circumstances, we invest at least 80% of the fund’s net assets in convertible securities. This policy may be changed only after 60 days’ notice to shareholders. Convertible securities combine the investment characteristics of bonds and common stocks. 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 we buy are below-investment-grade (sometimes referred to as “junk bonds”). The convertible bonds we buy usually have intermediate-to long-term stated maturities (i.e., three years or longer), but often contain “put” features, which allow bondholders to sell the bond back to the company under specified circumstances, that result in shorter effective maturities. When deciding whether to buy or sell investments, we may consider, among other factors: (i) a security’s structural features, such as its position in a company’s capital structure and “put” and “call” features (a company’s right to repurchase the security under specified circumstances is a “call” feature); (ii) credit and prepayment risks; and (iii) with respect to a company’s common stock underlying a convertible security, the stock’s valuation and the company’s financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends.

Risks

It is important to understand that you can lose money by investing in the fund.

The value of convertible securities in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general financial market conditions, changing market perceptions (including perceptions about the risk of default and expectations about monetary policy or interest rates), changes in government intervention in the financial markets, and factors related to a specific issuer or industry. These and other factors may lead to increased volatility and reduced liquidity in the fund’s portfolio holdings. These risks are generally greater for convertible securities issued by small and midsize companies (which may constitute a significant portion of the fund’s investments from time to time). The value of convertible securities may be adversely affected by changes in the prices of underlying common stocks. Convertible securities tend to provide higher yields than common stocks. However, a higher yield may not protect investors against the risk of loss or adequately mitigate any loss associated with a decline in the price of a convertible security. Convertible securities are subject to credit risk, which is the risk that an issuer of the fund’s investments may default on payment of interest or principal. Credit risk is generally greater for below-investment-grade convertible securities (a significant part of the fund’s investments). Generally, convertible securities may be less sensitive to interest rate changes than non-convertible bonds as a result of convertible securities’ convertibility and “put” features. Interest rate risk is generally greater for longer-term bonds and convertible securities whose underlying stock price has fallen significantly below the conversion price.

The fund may not achieve its goal, and it is not intended to be a complete investment program. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

Performance

The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund's performance year to year and over time. The bar chart does not reflect the impact of sales charges. If it did, performance would be lower. Please remember that past performance is not necessarily an indication of future results. Monthly performance figures for the fund are available at putnam.com.

Annual total returns for class A shares before sales charges

Best calendar quarter
Q2 2009  19.05%

Worst calendar quarter
Q4 2008 -26.03%

Average annual total returns after sales charges (for periods ending 12/31/16)

Average Annual Total Returns - Class A B C M R T Y - Putnam Convertible Securities Fund

1 Year

5 Years

10 Years

Class A 3.21% 7.68% 4.78%

Class A | after taxes on distributions 2.42% 6.38% 3.71%

Class A | after taxes on distributions and sale of fund shares 1.96% 5.66% 3.45%

Class B 3.72% 7.86% 4.77%

Class C 7.71% 8.14% 4.61%

Class M 5.20% 7.65% 4.51%

Class R 9.28% 8.69% 5.14%

Class T ^[1] 6.77% 8.41% 5.14%

Class Y 9.80% 9.24% 5.67%

BofA Merrill Lynch U.S. Convertible Index (no deduction for fees, expenses or taxes) 10.43% 10.98% 6.45%

[1] Class T shares were not outstanding during the time periods shown. Performance shown for class T shares is derived from the historical performance of class A shares.

After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns are shown for class A shares only and will vary for other classes. These after-tax returns do not apply if you hold your fund shares through a 401(k) plan, an IRA, or another tax-advantaged arrangement.

Class B share performance reflects conversion to class A shares after eight years.

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Distribution [and/or Service] (12b-1) Fees" include all distribution or other expenses incurred during the most recent fiscal year under a plan adopted pursuant to rule 12b-1 [17 CFR 270.12b-1]. Under an appropriate caption or a subcaption of "Other Expenses," disclose the amount of any distribution or similar expenses deducted from the Fund's assets other than pursuant to a rule 12b-1 plan.
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Risk/Return Summary Fee Table Includes the following information, in plain English under rule 421(d) under the Securities Act, after Item 2 Fees and expenses of the Fund This table describes the fees and expenses that you may pay if you buy and hold shared of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $[_____] in [name of fund family] funds. Shareholder Fees (fees paid directly from your investment) Example This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be You would pay the following expenses if you did not redeem your shares The Example does not reflect sales charges (loads) on reinvested dividends [and other distributions]. If these sales charges (loads) were included, your costs would be higher. Portfolio Turnover The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover may indicate higher transaction costs. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was __% of the average value of its whole portfolio. Instructions. A.3.instructions.6 New Funds. For purposes of this Item, a "New Fund" is a Fund that does not include in Form N-1A financial statements reporting operating results or that includes financial statements for the Fund's initial fiscal year reporting operating results for a period of 6 months or less. The following Instructions apply to New Funds.
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Maximum Deferred Sales Charge (Load) (as a percentage of ____) "Maximum Deferred Sales Charge (Load)" includes the maximum total deferred sales charge (load) payable upon redemption, in installments, or both, expressed as a percentage of the amount or amounts stated in response to Item 7(a), except that, for a sales charge (load) based on net asset value at the time of purchase, show the sales charge (load) as a percentage of the offering price at the time of purchase. A Fund may include in a footnote to the table, if applicable, a tabular presentation showing the amount of deferred sales charges (loads) over time or a narrative explanation of the sales charges (loads) (e.g., __% in the first year after purchase, declining to __% in the __ year and eliminated thereafter). If more than one type of sales charge (load) is imposed (e.g., a deferred sales charge (load) and a front-end sales charge (load)), the first caption in the table should read "Maximum Sales Charge (Load)" and show the maximum cumulative percentage. Show the percentage amounts and the terms of each sales charge (load) comprising that figure on separate lines below.
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Putnam Convertible Securities Fund | Class I

Goal

Putnam Convertible Securities Fund seeks, with equal emphasis, current income and capital appreciation.

Its secondary objective is conservation of capital.

Fees and expenses

The following table describes the fees and expenses you may pay if you buy and hold Class I shares of the fund.

Shareholder fees (fees paid directly from your investment)

Shareholder Fees

Class I

Putnam Convertible Securities Fund

Class I

Maximum sales charge (load) imposed on purchases (as a percentage of offering price) none

Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) none

Annual fund operating expenses (expenses you pay each year as a percentage of the value of your investment)

Annual Fund Operating Expenses

Class I

Putnam Convertible Securities Fund

Class I

Management fees 0.63%

Distribution and service (12b-1) fees

Other expenses 0.06%

Total annual fund operating expenses 0.69%

Example

The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund’s operating expenses remain the same. Your actual costs may be higher or lower.

Expense Example

Expense Example, with Redemption, 1 Year

Expense Example, with Redemption, 3 Years

Expense Example, with Redemption, 5 Years

Expense Example, with Redemption, 10 Years

Class I | Putnam Convertible Securities Fund | Class I | USD ($) 70 221 384 859

Portfolio turnover

The fund pays transaction-related costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher turnover rate may indicate higher transaction costs and may result in higher taxes when the fund’s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or the above example, affect fund performance. The fund’s turnover rate in the most recent fiscal year was 49%.

Investments

We invest mainly in convertible securities of U.S. companies. Under normal circumstances, we invest at least 80% of the fund’s net assets in convertible securities. This policy may be changed only after 60 days’ notice to shareholders. Convertible securities combine the investment characteristics of bonds and common stocks. 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 we buy are below-investment-grade (sometimes referred to as “junk bonds”). The convertible bonds we buy usually have intermediate-to long-term stated maturities (i.e., three years or longer), but often contain “put” features, which allow bondholders to sell the bond back to the company under specified circumstances, that result in shorter effective maturities. When deciding whether to buy or sell investments, we may consider, among other factors: (i) a security’s structural features, such as its position in a company’s capital structure and “put” and “call” features (a company’s right to repurchase the security under specified circumstances is a “call” feature); (ii) credit and prepayment risks; and (iii) with respect to a company’s common stock underlying a convertible security, the stock’s valuation and the company’s financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends.

Risks

It is important to understand that you can lose money by investing in the fund

The value of convertible securities in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general financial market conditions, changing market perceptions (including perceptions about the risk of default and expectations about monetary policy or interest rates), changes in government intervention in the financial markets, and factors related to a specific issuer or industry. These and other factors may lead to increased volatility and reduced liquidity in the fund’s portfolio holdings. These risks are generally greater for convertible securities issued by small and midsize companies (which may constitute a significant portion of the fund’s investments from time to time). The value of convertible securities may be adversely affected by changes in the prices of underlying common stocks. Convertible securities tend to provide higher yields than common stocks. However, a higher yield may not protect investors against the risk of loss or adequately mitigate any loss associated with a decline in the price of a convertible security. Convertible securities are subject to credit risk, which is the risk that an issuer of the fund’s investments may default on payment of interest or principal. Credit risk is generally greater for below-investment-grade convertible securities (a significant part of the fund’s investments). Generally, convertible securities may be less sensitive to interest rate changes than non-convertible bonds as a result of convertible securities’ convertibility and “put” features. Interest rate risk is generally greater for longer-term bonds and convertible securities whose underlying stock price has fallen significantly below the conversion price.

The fund may not achieve its goal, and it is not intended to be a complete investment program. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

Performance

The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund’s performance year to year and over time. Performance for class I shares prior to its inception (3/3/15) is derived from the historical performance of the fund’s class Y shares, which are not offered in this prospectus, and has not been adjusted to reflect the lower fees associated with class I shares; had it, returns would have been higher. Please remember that past performance is not necessarily an indication of future results.

Annual total returns for class I shares

Best calendar quarter
Q3 2016  6.86%

Worst calendar quarter
Q1 2016 -1.28%

Average annual total returns
(for periods ending 12/31/16)

Average Annual Total Returns - Class I - Putnam Convertible Securities Fund

1 Year

5 Years

10 Years

Class I 9.95% 9.29% 5.70%

Class I | after taxes on distributions 8.73% 7.79% 4.50%

Class I | after taxes on distributions and sale of fund shares 5.59% 6.84% 4.13%

BofA Merrill Lynch U.S. Convertible Index (no deduction for fees, expenses or taxes) 10.43% 10.98% 6.45%

After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown.

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Risk/Return Summary Fee Table Includes the following information, in plain English under rule 421(d) under the Securities Act, after Item 2 Fees and expenses of the Fund This table describes the fees and expenses that you may pay if you buy and hold shared of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $[_____] in [name of fund family] funds. Shareholder Fees (fees paid directly from your investment) Example This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be You would pay the following expenses if you did not redeem your shares The Example does not reflect sales charges (loads) on reinvested dividends [and other distributions]. If these sales charges (loads) were included, your costs would be higher. Portfolio Turnover The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover may indicate higher transaction costs. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was __% of the average value of its whole portfolio. Instructions. A.3.instructions.6 New Funds. For purposes of this Item, a "New Fund" is a Fund that does not include in Form N-1A financial statements reporting operating results or that includes financial statements for the Fund's initial fiscal year reporting operating results for a period of 6 months or less. The following Instructions apply to New Funds.
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Total Annual Fund Operating Expenses. If the Fund is a Feeder Fund, reflect the aggregate expenses of the Feeder Fund and the Master Fund in a single fee table using the captions provided. In a footnote to the fee table, state that the table and Example reflect the expenses of both the Feeder and Master Funds. If the prospectus offers more than one Class of a Multiple Class Fund or more than one Feeder Fund that invests in the same Master Fund, provide a separate response for each Class or Feeder Fund. Base the percentages of "Annual Fund Operating Expenses" on amounts incurred during the Fund's most recent fiscal year, but include in expenses amounts that would have been incurred absent expense reimbursement or fee waiver arrangements. If the Fund has changed its fiscal year and, as a result, the most recent fiscal year is less than three months, use the fiscal year prior to the most recent fiscal year as the basis for determining "Annual Fund Operating Expenses."
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Investment Objectives/Goals. Disclose the Fund's investment objectives or goals. A Fund also may identify its type or category (e.g., that it is a Money Market Fund or a balanced fund).
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"Other Expenses" include all expenses not otherwise disclosed in the table that are deducted from the Fund's assets or charged to all shareholder accounts. The amount of expenses deducted from the Fund's assets are the amounts shown as expenses in the Fund's statement of operations (including increases resulting from complying with paragraph 2(g) of rule 6-07 of Regulation S-X [17 CFR 210.6-07]). "Other Expenses" do not include extraordinary expenses as determined under generally accepted accounting principles (see Accounting Principles Board Opinion No. 30). If extraordinary expenses were incurred that materially affected the Fund's "Other Expenses," disclose in a footnote to the table what "Other Expenses" would have been had the extraordinary expenses been included.
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Principal investment strategies of the Fund. Summarize how the Fund intends to achieve its investment objectives by identifying the Fund's principal investment strategies (including the type or types of securities in which the Fund invests or will invest principally) and any policy to concentrate in securities of issuers in a particular industry or group of industries.
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Total

Class A B C M R T Y | Putnam Convertible Securities Fund

Fund summary

Goal

Putnam Convertible Securities Fund seeks, with equal emphasis, current income and capital appreciation.

Its secondary objective is conservation of capital.

Fees and expenses

The following table describes the fees and expenses you may pay if you buy and hold shares of the fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Putnam funds. More information about these and other discounts is available from your financial advisor and in How do I buy fund shares? beginning on page 13 of the fund’s prospectus, in the Appendix to the fund’s prospectus, and in How to buy shares beginning on page II-1 of the fund’s statement of additional information (SAI).

Shareholder fees (fees paid directly from your investment)

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Annual fund operating expenses (expenses you pay each year as a percentage of the value of your investment)

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Example

The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then, except as indicated, redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund’s operating expenses remain the same. Your actual costs may be higher or lower.

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Portfolio turnover

The fund pays transaction-related costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher turnover rate may indicate higher transaction costs and may result in higher taxes when the fund’s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or the above example, affect fund performance. The fund’s turnover rate in the most recent fiscal year was 49%.

Investments

We invest mainly in convertible securities of U.S. companies. Under normal circumstances, we invest at least 80% of the fund’s net assets in convertible securities. This policy may be changed only after 60 days’ notice to shareholders. Convertible securities combine the investment characteristics of bonds and common stocks. 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 we buy are below-investment-grade (sometimes referred to as “junk bonds”). The convertible bonds we buy usually have intermediate-to long-term stated maturities (i.e., three years or longer), but often contain “put” features, which allow bondholders to sell the bond back to the company under specified circumstances, that result in shorter effective maturities. When deciding whether to buy or sell investments, we may consider, among other factors: (i) a security’s structural features, such as its position in a company’s capital structure and “put” and “call” features (a company’s right to repurchase the security under specified circumstances is a “call” feature); (ii) credit and prepayment risks; and (iii) with respect to a company’s common stock underlying a convertible security, the stock’s valuation and the company’s financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends.

Risks

It is important to understand that you can lose money by investing in the fund.

The value of convertible securities in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general financial market conditions, changing market perceptions (including perceptions about the risk of default and expectations about monetary policy or interest rates), changes in government intervention in the financial markets, and factors related to a specific issuer or industry. These and other factors may lead to increased volatility and reduced liquidity in the fund’s portfolio holdings. These risks are generally greater for convertible securities issued by small and midsize companies (which may constitute a significant portion of the fund’s investments from time to time). The value of convertible securities may be adversely affected by changes in the prices of underlying common stocks. Convertible securities tend to provide higher yields than common stocks. However, a higher yield may not protect investors against the risk of loss or adequately mitigate any loss associated with a decline in the price of a convertible security. Convertible securities are subject to credit risk, which is the risk that an issuer of the fund’s investments may default on payment of interest or principal. Credit risk is generally greater for below-investment-grade convertible securities (a significant part of the fund’s investments). Generally, convertible securities may be less sensitive to interest rate changes than non-convertible bonds as a result of convertible securities’ convertibility and “put” features. Interest rate risk is generally greater for longer-term bonds and convertible securities whose underlying stock price has fallen significantly below the conversion price.

The fund may not achieve its goal, and it is not intended to be a complete investment program. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

Performance

The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund's performance year to year and over time. The bar chart does not reflect the impact of sales charges. If it did, performance would be lower. Please remember that past performance is not necessarily an indication of future results. Monthly performance figures for the fund are available at putnam.com.

Annual total returns for class A shares before sales charges

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Best calendar quarter
Q2 2009  19.05%

Worst calendar quarter
Q4 2008 -26.03%

Average annual total returns after sales charges (for periods ending 12/31/16)

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After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns are shown for class A shares only and will vary for other classes. These after-tax returns do not apply if you hold your fund shares through a 401(k) plan, an IRA, or another tax-advantaged arrangement.

Class B share performance reflects conversion to class A shares after eight years.

Class I | Putnam Convertible Securities Fund

Fund Summary

Goal

Putnam Convertible Securities Fund seeks, with equal emphasis, current income and capital appreciation.

Its secondary objective is conservation of capital.

Fees and expenses

The following table describes the fees and expenses you may pay if you buy and hold Class I shares of the fund.

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Annual fund operating expenses (expenses you pay each year as a percentage of the value of your investment)

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Example

The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund’s operating expenses remain the same. Your actual costs may be higher or lower.

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Portfolio turnover

The fund pays transaction-related costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher turnover rate may indicate higher transaction costs and may result in higher taxes when the fund’s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or the above example, affect fund performance. The fund’s turnover rate in the most recent fiscal year was 49%.

Investments

We invest mainly in convertible securities of U.S. companies. Under normal circumstances, we invest at least 80% of the fund’s net assets in convertible securities. This policy may be changed only after 60 days’ notice to shareholders. Convertible securities combine the investment characteristics of bonds and common stocks. 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 we buy are below-investment-grade (sometimes referred to as “junk bonds”). The convertible bonds we buy usually have intermediate-to long-term stated maturities (i.e., three years or longer), but often contain “put” features, which allow bondholders to sell the bond back to the company under specified circumstances, that result in shorter effective maturities. When deciding whether to buy or sell investments, we may consider, among other factors: (i) a security’s structural features, such as its position in a company’s capital structure and “put” and “call” features (a company’s right to repurchase the security under specified circumstances is a “call” feature); (ii) credit and prepayment risks; and (iii) with respect to a company’s common stock underlying a convertible security, the stock’s valuation and the company’s financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends.

Risks

It is important to understand that you can lose money by investing in the fund

The value of convertible securities in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general financial market conditions, changing market perceptions (including perceptions about the risk of default and expectations about monetary policy or interest rates), changes in government intervention in the financial markets, and factors related to a specific issuer or industry. These and other factors may lead to increased volatility and reduced liquidity in the fund’s portfolio holdings. These risks are generally greater for convertible securities issued by small and midsize companies (which may constitute a significant portion of the fund’s investments from time to time). The value of convertible securities may be adversely affected by changes in the prices of underlying common stocks. Convertible securities tend to provide higher yields than common stocks. However, a higher yield may not protect investors against the risk of loss or adequately mitigate any loss associated with a decline in the price of a convertible security. Convertible securities are subject to credit risk, which is the risk that an issuer of the fund’s investments may default on payment of interest or principal. Credit risk is generally greater for below-investment-grade convertible securities (a significant part of the fund’s investments). Generally, convertible securities may be less sensitive to interest rate changes than non-convertible bonds as a result of convertible securities’ convertibility and “put” features. Interest rate risk is generally greater for longer-term bonds and convertible securities whose underlying stock price has fallen significantly below the conversion price.

The fund may not achieve its goal, and it is not intended to be a complete investment program. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

Performance

The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund’s performance year to year and over time. Performance for class I shares prior to its inception (3/3/15) is derived from the historical performance of the fund’s class Y shares, which are not offered in this prospectus, and has not been adjusted to reflect the lower fees associated with class I shares; had it, returns would have been higher. Please remember that past performance is not necessarily an indication of future results.

Annual total returns for class I shares

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Best calendar quarter
Q3 2016  6.86%

Worst calendar quarter
Q1 2016 -1.28%

Average annual total returns
(for periods ending 12/31/16)

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After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown.

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Risk/Return Summary Fee Table Includes the following information, in plain English under rule 421(d) under the Securities Act, after Item 2 Fees and expenses of the Fund This table describes the fees and expenses that you may pay if you buy and hold shared of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $[_____] in [name of fund family] funds. Shareholder Fees (fees paid directly from your investment) Example This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be You would pay the following expenses if you did not redeem your shares The Example does not reflect sales charges (loads) on reinvested dividends [and other distributions]. If these sales charges (loads) were included, your costs would be higher. Portfolio Turnover The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover may indicate higher transaction costs. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was __% of the average value of its whole portfolio. Instructions. A.3.instructions.6 New Funds. For purposes of this Item, a "New Fund" is a Fund that does not include in Form N-1A financial statements reporting operating results or that includes financial statements for the Fund's initial fiscal year reporting operating results for a period of 6 months or less. The following Instructions apply to New Funds.
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Risk/Return Summary Investment Objectives/Goals Include the following information, in plain English under rule 421(d) under the Securities Act, in the order and subject matter indicated
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Principal investment strategies of the Fund. Summarize how the Fund intends to achieve its investment objectives by identifying the Fund's principal investment strategies (including the type or types of securities in which the Fund invests or will invest principally) and any policy to concentrate in securities of issuers in a particular industry or group of industries.
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Risk Return Abstract rr_RiskReturnAbstract

Document Type dei_DocumentType 485BPOS

Document Period End Date dei_DocumentPeriodEndDate Dec. 31, 2016

Registrant Name dei_EntityRegistrantName PUTNAM CONVERTIBLE SECURITIES FUND

Central Index Key dei_EntityCentralIndexKey 0000081247

Amendment Flag dei_AmendmentFlag false

Trading Symbol dei_TradingSymbol PCONX

Document Creation Date dei_DocumentCreationDate Feb. 28, 2017

Document Effective Date dei_DocumentEffectiveDate Feb. 28, 2017

Prospectus Date rr_ProspectusDate Feb. 28, 2017

Class A B C M R T Y | Putnam Convertible Securities Fund

Risk Return Abstract rr_RiskReturnAbstract

Risk/Return [Heading] rr_RiskReturnHeading Fund summary

Objective [Heading] rr_ObjectiveHeading Goal

Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock Putnam Convertible Securities Fund seeks, with equal emphasis, current income and capital appreciation.

Objective, Secondary [Text Block] rr_ObjectiveSecondaryTextBlock Its secondary objective is conservation of capital.

Expense [Heading] rr_ExpenseHeading Fees and expenses

Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses you may pay if you buy and hold shares of the fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Putnam funds. More information about these and other discounts is available from your financial advisor and in How do I buy fund shares? beginning on page 13 of the fund’s prospectus, in the Appendix to the fund’s prospectus, and in How to buy shares beginning on page II-1 of the fund’s statement of additional information (SAI).

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder fees (fees paid directly from your investment)

Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual fund operating expenses (expenses you pay each year as a percentage of the value of your investment)

Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover

Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The fund pays transaction-related costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher turnover rate may indicate higher transaction costs and may result in higher taxes when the fund’s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or the above example, affect fund performance. The fund’s turnover rate in the most recent fiscal year was 49%.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 49.00%

Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Putnam funds. More information about these and other discounts is available from your financial advisor and in How do I buy fund shares? beginning on page 13 of the fund’s prospectus, in the Appendix to the fund’s prospectus, and in How to buy shares beginning on page II-1 of the fund’s statement of additional information (SAI).

Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount $ 50,000

Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent Restated to reflect current fees resulting from a change to the fund’s investor servicing arrangements effective September 1, 2016.

Expense Example [Heading] rr_ExpenseExampleHeading Example

Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then, except as indicated, redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund’s operating expenses remain the same. Your actual costs may be higher or lower.

Strategy [Heading] rr_StrategyHeading Investments

Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock We invest mainly in convertible securities of U.S. companies. Under normal circumstances, we invest at least 80% of the fund’s net assets in convertible securities. This policy may be changed only after 60 days’ notice to shareholders. Convertible securities combine the investment characteristics of bonds and common stocks. 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 we buy are below-investment-grade (sometimes referred to as “junk bonds”). The convertible bonds we buy usually have intermediate-to long-term stated maturities (i.e., three years or longer), but often contain “put” features, which allow bondholders to sell the bond back to the company under specified circumstances, that result in shorter effective maturities. When deciding whether to buy or sell investments, we may consider, among other factors: (i) a security’s structural features, such as its position in a company’s capital structure and “put” and “call” features (a company’s right to repurchase the security under specified circumstances is a “call” feature); (ii) credit and prepayment risks; and (iii) with respect to a company’s common stock underlying a convertible security, the stock’s valuation and the company’s financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends.

Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Under normal circumstances, we invest at least 80% of the fund’s net assets in convertible securities. This policy may be changed only after 60 days’ notice to shareholders. Convertible securities combine the investment characteristics of bonds and common stocks. Convertible securities include bonds, preferred stocks and other instruments that can be converted into or exchanged for common stock or equivalent value.

Risk [Heading] rr_RiskHeading Risks

Risk Narrative [Text Block] rr_RiskNarrativeTextBlock It is important to understand that you can lose money by investing in the fund.

The value of convertible securities in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general financial market conditions, changing market perceptions (including perceptions about the risk of default and expectations about monetary policy or interest rates), changes in government intervention in the financial markets, and factors related to a specific issuer or industry. These and other factors may lead to increased volatility and reduced liquidity in the fund’s portfolio holdings. These risks are generally greater for convertible securities issued by small and midsize companies (which may constitute a significant portion of the fund’s investments from time to time). The value of convertible securities may be adversely affected by changes in the prices of underlying common stocks. Convertible securities tend to provide higher yields than common stocks. However, a higher yield may not protect investors against the risk of loss or adequately mitigate any loss associated with a decline in the price of a convertible security. Convertible securities are subject to credit risk, which is the risk that an issuer of the fund’s investments may default on payment of interest or principal. Credit risk is generally greater for below-investment-grade convertible securities (a significant part of the fund’s investments). Generally, convertible securities may be less sensitive to interest rate changes than non-convertible bonds as a result of convertible securities’ convertibility and “put” features. Interest rate risk is generally greater for longer-term bonds and convertible securities whose underlying stock price has fallen significantly below the conversion price.

The fund may not achieve its goal, and it is not intended to be a complete investment program. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

Risk Lose Money [Text] rr_RiskLoseMoney It is important to understand that you can lose money by investing in the fund.

Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance

Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund's performance year to year and over time. The bar chart does not reflect the impact of sales charges. If it did, performance would be lower. Please remember that past performance is not necessarily an indication of future results. Monthly performance figures for the fund are available at putnam.com.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund’s performance year to year and over time.

Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress putnam.com

Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Please remember that past performance is not necessarily an indication of future results.

Bar Chart [Heading] rr_BarChartHeading Annual total returns for class A shares before sales charges

Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads The bar chart does not reflect the impact of sales charges. If it did, performance would be lower.

Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock Best calendar quarter
Q2 2009  19.05%

Worst calendar quarter
Q4 2008 -26.03%

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best calendar quarter

Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009

Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 19.05%

Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst calendar quarter

Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008

Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (26.03%)

Performance Table Heading rr_PerformanceTableHeading Average annual total returns after sales charges (for periods ending 12/31/16)

Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes.

Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor's tax situation and may differ from those shown.

Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown for class A shares only and will vary for other classes.

Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns are shown for class A shares only and will vary for other classes. These after-tax returns do not apply if you hold your fund shares through a 401(k) plan, an IRA, or another tax-advantaged arrangement.

Class B share performance reflects conversion to class A shares after eight years.

Class A B C M R T Y | Putnam Convertible Securities Fund | Class A

Risk Return Abstract rr_RiskReturnAbstract

Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.75%

Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther 1.00% ^[1]

Management fees rr_ManagementFeesOverAssets 0.63%

Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%

Other expenses rr_OtherExpensesOverAssets 0.21% ^[2]

Total annual fund operating expenses rr_ExpensesOverAssets 1.09%

Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 680

Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 902

Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,141

Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,827

Annual Return 2007 rr_AnnualReturn2007 5.88%

Annual Return 2008 rr_AnnualReturn2008 (39.46%)

Annual Return 2009 rr_AnnualReturn2009 53.75%

Annual Return 2010 rr_AnnualReturn2010 19.55%

Annual Return 2011 rr_AnnualReturn2011 (6.47%)

Annual Return 2012 rr_AnnualReturn2012 15.09%

Annual Return 2013 rr_AnnualReturn2013 21.96%

Annual Return 2014 rr_AnnualReturn2014 7.47%

Annual Return 2015 rr_AnnualReturn2015 (7.03%)

Annual Return 2016 rr_AnnualReturn2016 9.51%

1 Year rr_AverageAnnualReturnYear01 3.21%

5 Years rr_AverageAnnualReturnYear05 7.68%

10 Years rr_AverageAnnualReturnYear10 4.78%

Class A B C M R T Y | Putnam Convertible Securities Fund | Class B

Risk Return Abstract rr_RiskReturnAbstract

Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none

Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther 5.00% ^[3]

Management fees rr_ManagementFeesOverAssets 0.63%

Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%

Other expenses rr_OtherExpensesOverAssets 0.21% ^[2]

Total annual fund operating expenses rr_ExpensesOverAssets 1.84%

Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 687

Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 879

Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,195

Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 1,962

Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 187

Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 579

Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 995

Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 1,962

1 Year rr_AverageAnnualReturnYear01 3.72%

5 Years rr_AverageAnnualReturnYear05 7.86%

10 Years rr_AverageAnnualReturnYear10 4.77%

Class A B C M R T Y | Putnam Convertible Securities Fund | Class C

Risk Return Abstract rr_RiskReturnAbstract

Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none

Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther 1.00% ^[4]

Management fees rr_ManagementFeesOverAssets 0.63%

Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 1.00%

Other expenses rr_OtherExpensesOverAssets 0.21% ^[2]

Total annual fund operating expenses rr_ExpensesOverAssets 1.84%

Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 287

Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 579

Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 995

Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 2,159

Expense Example, No Redemption, 1 Year rr_ExpenseExampleNoRedemptionYear01 187

Expense Example, No Redemption, 3 Years rr_ExpenseExampleNoRedemptionYear03 579

Expense Example, No Redemption, 5 Years rr_ExpenseExampleNoRedemptionYear05 995

Expense Example, No Redemption, 10 Years rr_ExpenseExampleNoRedemptionYear10 $ 2,159

1 Year rr_AverageAnnualReturnYear01 7.71%

5 Years rr_AverageAnnualReturnYear05 8.14%

10 Years rr_AverageAnnualReturnYear10 4.61%

Class A B C M R T Y | Putnam Convertible Securities Fund | Class M

Risk Return Abstract rr_RiskReturnAbstract

Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 3.50%

Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none

Management fees rr_ManagementFeesOverAssets 0.63%

Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.75%

Other expenses rr_OtherExpensesOverAssets 0.21% ^[2]

Total annual fund operating expenses rr_ExpensesOverAssets 1.59%

Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 506

Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 834

Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 1,185

Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 2,173

1 Year rr_AverageAnnualReturnYear01 5.20%

5 Years rr_AverageAnnualReturnYear05 7.65%

10 Years rr_AverageAnnualReturnYear10 4.51%

Class A B C M R T Y | Putnam Convertible Securities Fund | Class R

Risk Return Abstract rr_RiskReturnAbstract

Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none

Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none

Management fees rr_ManagementFeesOverAssets 0.63%

Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.50%

Other expenses rr_OtherExpensesOverAssets 0.21% ^[2]

Total annual fund operating expenses rr_ExpensesOverAssets 1.34%

Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 136

Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 425

Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 734

Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,613

1 Year rr_AverageAnnualReturnYear01 9.28%

5 Years rr_AverageAnnualReturnYear05 8.69%

10 Years rr_AverageAnnualReturnYear10 5.14%

Class A B C M R T Y | Putnam Convertible Securities Fund | Class T

Risk Return Abstract rr_RiskReturnAbstract

Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 2.50%

Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none

Management fees rr_ManagementFeesOverAssets 0.63%

Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets 0.25%

Other expenses rr_OtherExpensesOverAssets 0.21% ^[5]

Total annual fund operating expenses rr_ExpensesOverAssets 1.09%

Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 358

Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 588

Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 836

Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,545

1 Year rr_AverageAnnualReturnYear01 6.77% ^[6]

5 Years rr_AverageAnnualReturnYear05 8.41% ^[6]

10 Years rr_AverageAnnualReturnYear10 5.14% ^[6]

Class A B C M R T Y | Putnam Convertible Securities Fund | Class Y

Risk Return Abstract rr_RiskReturnAbstract

Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none

Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none

Management fees rr_ManagementFeesOverAssets 0.63%

Other expenses rr_OtherExpensesOverAssets 0.21% ^[2]

Total annual fund operating expenses rr_ExpensesOverAssets 0.84%

Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 86

Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 268

Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 466

Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 1,037

1 Year rr_AverageAnnualReturnYear01 9.80%

5 Years rr_AverageAnnualReturnYear05 9.24%

10 Years rr_AverageAnnualReturnYear10 5.67%

Class A B C M R T Y | Putnam Convertible Securities Fund | after taxes on distributions | Class A

Risk Return Abstract rr_RiskReturnAbstract

1 Year rr_AverageAnnualReturnYear01 2.42%

5 Years rr_AverageAnnualReturnYear05 6.38%

10 Years rr_AverageAnnualReturnYear10 3.71%

Class A B C M R T Y | Putnam Convertible Securities Fund | after taxes on distributions and sale of fund shares | Class A

Risk Return Abstract rr_RiskReturnAbstract

1 Year rr_AverageAnnualReturnYear01 1.96%

5 Years rr_AverageAnnualReturnYear05 5.66%

10 Years rr_AverageAnnualReturnYear10 3.45%

Class A B C M R T Y | Putnam Convertible Securities Fund | BofA Merrill Lynch U.S. Convertible Index (no deduction for fees, expenses or taxes)

Risk Return Abstract rr_RiskReturnAbstract

1 Year rr_AverageAnnualReturnYear01 10.43%

5 Years rr_AverageAnnualReturnYear05 10.98%

10 Years rr_AverageAnnualReturnYear10 6.45%

Class I | Putnam Convertible Securities Fund

Risk Return Abstract rr_RiskReturnAbstract

Risk/Return [Heading] rr_RiskReturnHeading Fund Summary

Objective [Heading] rr_ObjectiveHeading Goal

Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock Putnam Convertible Securities Fund seeks, with equal emphasis, current income and capital appreciation.

Objective, Secondary [Text Block] rr_ObjectiveSecondaryTextBlock Its secondary objective is conservation of capital.

Expense [Heading] rr_ExpenseHeading Fees and expenses

Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock The following table describes the fees and expenses you may pay if you buy and hold Class I shares of the fund.

Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Shareholder fees (fees paid directly from your investment)

Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual fund operating expenses (expenses you pay each year as a percentage of the value of your investment)

Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio turnover

Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The fund pays transaction-related costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher turnover rate may indicate higher transaction costs and may result in higher taxes when the fund’s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or the above example, affect fund performance. The fund’s turnover rate in the most recent fiscal year was 49%.

Portfolio Turnover, Rate rr_PortfolioTurnoverRate 49.00%

Expense Example [Heading] rr_ExpenseExampleHeading Example

Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock The following hypothetical example is intended to help you compare the cost of investing in the fund with the cost of investing in other funds. It assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund’s operating expenses remain the same. Your actual costs may be higher or lower.

Strategy [Heading] rr_StrategyHeading Investments

Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock We invest mainly in convertible securities of U.S. companies. Under normal circumstances, we invest at least 80% of the fund’s net assets in convertible securities. This policy may be changed only after 60 days’ notice to shareholders. Convertible securities combine the investment characteristics of bonds and common stocks. 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 we buy are below-investment-grade (sometimes referred to as “junk bonds”). The convertible bonds we buy usually have intermediate-to long-term stated maturities (i.e., three years or longer), but often contain “put” features, which allow bondholders to sell the bond back to the company under specified circumstances, that result in shorter effective maturities. When deciding whether to buy or sell investments, we may consider, among other factors: (i) a security’s structural features, such as its position in a company’s capital structure and “put” and “call” features (a company’s right to repurchase the security under specified circumstances is a “call” feature); (ii) credit and prepayment risks; and (iii) with respect to a company’s common stock underlying a convertible security, the stock’s valuation and the company’s financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends.

Strategy Portfolio Concentration [Text] rr_StrategyPortfolioConcentration Under normal circumstances, we invest at least 80% of the fund’s net assets in convertible securities. This policy may be changed only after 60 days’ notice to shareholders. Convertible securities combine the investment characteristics of bonds and common stocks. Convertible securities include bonds, preferred stocks and other instruments that can be converted into or exchanged for common stock or equivalent value.

Risk [Heading] rr_RiskHeading Risks

Risk Narrative [Text Block] rr_RiskNarrativeTextBlock It is important to understand that you can lose money by investing in the fund

The value of convertible securities in the fund’s portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general financial market conditions, changing market perceptions (including perceptions about the risk of default and expectations about monetary policy or interest rates), changes in government intervention in the financial markets, and factors related to a specific issuer or industry. These and other factors may lead to increased volatility and reduced liquidity in the fund’s portfolio holdings. These risks are generally greater for convertible securities issued by small and midsize companies (which may constitute a significant portion of the fund’s investments from time to time). The value of convertible securities may be adversely affected by changes in the prices of underlying common stocks. Convertible securities tend to provide higher yields than common stocks. However, a higher yield may not protect investors against the risk of loss or adequately mitigate any loss associated with a decline in the price of a convertible security. Convertible securities are subject to credit risk, which is the risk that an issuer of the fund’s investments may default on payment of interest or principal. Credit risk is generally greater for below-investment-grade convertible securities (a significant part of the fund’s investments). Generally, convertible securities may be less sensitive to interest rate changes than non-convertible bonds as a result of convertible securities’ convertibility and “put” features. Interest rate risk is generally greater for longer-term bonds and convertible securities whose underlying stock price has fallen significantly below the conversion price.

The fund may not achieve its goal, and it is not intended to be a complete investment program. An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

Risk Lose Money [Text] rr_RiskLoseMoney It is important to understand that you can lose money by investing in the fund.

Risk Not Insured Depository Institution [Text] rr_RiskNotInsuredDepositoryInstitution An investment in the fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance

Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund’s performance year to year and over time. Performance for class I shares prior to its inception (3/3/15) is derived from the historical performance of the fund’s class Y shares, which are not offered in this prospectus, and has not been adjusted to reflect the lower fees associated with class I shares; had it, returns would have been higher. Please remember that past performance is not necessarily an indication of future results.

Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund’s performance year to year and over time.

Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture Please remember that past performance is not necessarily an indication of future results.

Bar Chart [Heading] rr_BarChartHeading Annual total returns for class I shares

Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock Best calendar quarter
Q3 2016  6.86%

Worst calendar quarter
Q1 2016 -1.28%

Bar Chart, Returns for Class Not Offered in Prospectus [Text] rr_BarChartReturnsForClassNotOfferedInProspectus Performance for class I shares before their inception (3/3/15) is derived from the historical performance of the fund’s class Y shares, which are not offered in this prospectus, and has not been adjusted to reflect the lower fees associated with class I shares; had it, returns would have been higher.

Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best calendar quarter

Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Sep. 30, 2016

Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 6.86%

Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst calendar quarter

Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Mar. 31, 2016

Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (1.28%)

Performance Table Heading rr_PerformanceTableHeading Average annual total returns
(for periods ending 12/31/16)

Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes.

Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor's tax situation and may differ from those shown.

Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock After-tax returns reflect the historical highest individual federal marginal income tax rates and do not reflect state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown.

Class I | Putnam Convertible Securities Fund | Class I

Risk Return Abstract rr_RiskReturnAbstract

Maximum sales charge (load) imposed on purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice none

Maximum deferred sales charge (load) (as a percentage of original purchase price or redemption proceeds, whichever is lower) rr_MaximumDeferredSalesChargeOverOther none

Management fees rr_ManagementFeesOverAssets 0.63%

Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets

Other expenses rr_OtherExpensesOverAssets 0.06%

Total annual fund operating expenses rr_ExpensesOverAssets 0.69%

Expense Example, with Redemption, 1 Year rr_ExpenseExampleYear01 $ 70

Expense Example, with Redemption, 3 Years rr_ExpenseExampleYear03 221

Expense Example, with Redemption, 5 Years rr_ExpenseExampleYear05 384

Expense Example, with Redemption, 10 Years rr_ExpenseExampleYear10 $ 859

Annual Return 2016 rr_AnnualReturn2016 9.95%

1 Year rr_AverageAnnualReturnYear01 9.95%

5 Years rr_AverageAnnualReturnYear05 9.29%

10 Years rr_AverageAnnualReturnYear10 5.70%

Class I | Putnam Convertible Securities Fund | after taxes on distributions | Class I

Risk Return Abstract rr_RiskReturnAbstract

1 Year rr_AverageAnnualReturnYear01 8.73%

5 Years rr_AverageAnnualReturnYear05 7.79%

10 Years rr_AverageAnnualReturnYear10 4.50%

Class I | Putnam Convertible Securities Fund | after taxes on distributions and sale of fund shares | Class I

Risk Return Abstract rr_RiskReturnAbstract

1 Year rr_AverageAnnualReturnYear01 5.59%

5 Years rr_AverageAnnualReturnYear05 6.84%

10 Years rr_AverageAnnualReturnYear10 4.13%

Class I | Putnam Convertible Securities Fund | BofA Merrill Lynch U.S. Convertible Index (no deduction for fees, expenses or taxes)

Risk Return Abstract rr_RiskReturnAbstract

1 Year rr_AverageAnnualReturnYear01 10.43%

5 Years rr_AverageAnnualReturnYear05 10.98%

10 Years rr_AverageAnnualReturnYear10 6.45%

[1] Applies only to certain redemptions of shares bought with no initial sales charge.

[2] Restated to reflect current fees resulting from a change to the fund's investor servicing arrangements effective September 1, 2016.

[3] This charge is phased out over six years.

[4] This charge is eliminated after one year.

[5] Other expenses are based on expenses of class A shares for the fund's last fiscal year.

[6] Class T shares were not outstanding during the time periods shown. Performance shown for class T shares is derived from the historical performance of class A shares.

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When a Multiple Class Fund offering one or more Classes offers a new Class in a prospectus that does not offer the shares of any other Class, include the bar chart with annual total returns for any other existing Class for the first year that the Class is offered. Explain in a footnote that the returns are for a Class that is not offered in the prospectus that would have substantially similar annual returns because the shares are invested in the same portfolio of securities and the annual returns would differ only to the extent that the Classes do not have the same expenses. Include return information for the other Class reflected in the bar chart in the performance table.
+ References
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-Publisher SEC
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-Section 4
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Distribution [and/or Service] (12b-1) Fees" include all distribution or other expenses incurred during the most recent fiscal year under a plan adopted pursuant to rule 12b-1 [17 CFR 270.12b-1]. Under an appropriate caption or a subcaption of "Other Expenses," disclose the amount of any distribution or similar expenses deducted from the Fund's assets other than pursuant to a rule 12b-1 plan.
+ References
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-Number N-1A
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Include the narrative explanations in the order indicated. A Fund may modify the narrative explanations if the explanation contains comparable information to that shown. The narrative explanation regarding sales charge discounts is only required by a Fund that offers such discounts and should specify the minimum level of investment required to qualify for a discount.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
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This element represents the minimum level of investment required to qualify for discounted sales charges or fund expenses (SEC Form N-1A 2006-09-14 A.3.instructions.1.b).
+ References
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Heading for Expense Example.
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The Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds.
+ References
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You would pay the following expenses if you did not redeem your shares. Include the second 1-, 3-, 5-, and 10-year periods and related narrative explanation only if a sales charge (load) or other fee is charged upon redemption.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
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+ References
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+ References
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+ References
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+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
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-Section 3
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+ References
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+ References
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The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower.
+ References
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-Section 3
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Risk/Return Summary Fee Table Includes the following information, in plain English under rule 421(d) under the Securities Act, after Item 2 Fees and expenses of the Fund This table describes the fees and expenses that you may pay if you buy and hold shared of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $[_____] in [name of fund family] funds. Shareholder Fees (fees paid directly from your investment) Example This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then you redeem all of your shares at the end of those periods. The Example also assumes that your investment has a 5% return per year and that the Fund's operating expenses remained the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be You would pay the following expenses if you did not redeem your shares The Example does not reflect sales charges (loads) on reinvested dividends [and other distributions]. If these sales charges (loads) were included, your costs would be higher. Portfolio Turnover The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover may indicate higher transaction costs. These costs, which are not reflected in annual fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was __% of the average value of its whole portfolio. Instructions. A.3.instructions.6 New Funds. For purposes of this Item, a "New Fund" is a Fund that does not include in Form N-1A financial statements reporting operating results or that includes financial statements for the Fund's initial fiscal year reporting operating results for a period of 6 months or less. The following Instructions apply to New Funds.
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This table describes the fees and expenses that you may pay if you buy and hold shared of the Fund. You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $[_____] in [name of fund family] funds. Include the narrative explanations in the order indicated. A Fund may modify the narrative explanations if the explanation contains comparable information to that shown. The narrative explanation regarding sales charge discounts is only required by a Fund that offers such discounts and should specify the minimum level of investment required to qualify for a discount. Modify the narrative explanation to state that Fund shares are sold on a national securities exchange at the end of the time periods indicated, and that brokerage commissions for buying and selling Fund shares through a broker are not reflected.
+ References
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Total Annual Fund Operating Expenses. If the Fund is a Feeder Fund, reflect the aggregate expenses of the Feeder Fund and the Master Fund in a single fee table using the captions provided. In a footnote to the fee table, state that the table and Example reflect the expenses of both the Feeder and Master Funds. If the prospectus offers more than one Class of a Multiple Class Fund or more than one Feeder Fund that invests in the same Master Fund, provide a separate response for each Class or Feeder Fund. Base the percentages of "Annual Fund Operating Expenses" on amounts incurred during the Fund's most recent fiscal year, but include in expenses amounts that would have been incurred absent expense reimbursement or fee waiver arrangements. If the Fund has changed its fiscal year and, as a result, the most recent fiscal year is less than three months, use the fiscal year prior to the most recent fiscal year as the basis for determining "Annual Fund Operating Expenses."
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In a footnote to the table, disclose that the expense information in the table has been restated to reflect current fees.
+ References
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-Publisher SEC
-Name Form
-Number N-1A
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If the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
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If the Fund has annual returns for at least one calendar year, provide a bar chart showing the Fund's annual total returns for each of the last 10 calendar years (or for the life of the Fund if less than 10 years), but only for periods subsequent to the effective date of the Fund's registration statement. Present the corresponding numerical return adjacent to each bar. If the Fund's fiscal year is other than a calendar year, include the year-to-date return information as of the end of the most recent quarter in a footnote to the bar chart. Following the bar chart, disclose the Fund's highest and lowest return for a quarter during the 10 years or other period of the bar chart.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
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-Section 4
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Management Fees include investment advisory fees (including any fees based on the Fund's performance), any other management fees payable to the investment adviser or its affiliates, and administrative fees payable to the investment adviser or its affiliates that are not included as "Other Expenses."
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
-Chapter A
-Section 3
-Subsection instructions
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Maximum Deferred Sales Charge (Load) (as a percentage of ____) "Maximum Deferred Sales Charge (Load)" includes the maximum total deferred sales charge (load) payable upon redemption, in installments, or both, expressed as a percentage of the amount or amounts stated in response to Item 7(a), except that, for a sales charge (load) based on net asset value at the time of purchase, show the sales charge (load) as a percentage of the offering price at the time of purchase. A Fund may include in a footnote to the table, if applicable, a tabular presentation showing the amount of deferred sales charges (loads) over time or a narrative explanation of the sales charges (loads) (e.g., __% in the first year after purchase, declining to __% in the __ year and eliminated thereafter). If more than one type of sales charge (load) is imposed (e.g., a deferred sales charge (load) and a front-end sales charge (load)), the first caption in the table should read "Maximum Sales Charge (Load)" and show the maximum cumulative percentage. Show the percentage amounts and the terms of each sales charge (load) comprising that figure on separate lines below.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Form
-Number N-1A
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-Section 3
-Subsection instructions
-Paragraph 2
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Maximum Deferred Sales Charge (Load) (as a percentage of ____) A.3.instructions.2.a.i "Maximum Deferred Sales Charge (Load)" includes the maximum total deferred sales charge (load) payable upon redemption, in installments, or both, expressed as a percentage of the amount or amounts stated in response to Item 7(a), except that, for a sales charge (load) based on net asset value at the time of purchase, show the sales charge (load) as a percentage of the offering price at the time of purchase. A Fund may include in a footnote to the table, if applicable, a tabular presentation showing the amount of deferred sales charges (loads) over time or a narrative explanation of the sales charges (loads) (e.g., __% in the first year after purchase, declining to __% in the __ year and eliminated thereafter). A.3.instructions.2.a.ii If more than one type of sales charge (load) is imposed (e.g., a deferred sales charge (load) and a front-end sales charge (load)), the first caption in the table should read "Maximum Sales Charge (Load)" and show the maximum cumulative percentage. Show the percentage amounts and the terms of each sales charge (load) comprising that figure on separate lines below.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
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-Number N-1A
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Investment Objectives/Goals. Disclose the Fund's investment objectives or goals. A Fund also may identify its type or category (e.g., that it is a Money Market Fund or a balanced fund).
+ References
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-Number N-1A
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Investment Objectives/Goals. Disclose the Fund's investment objectives or goals. A Fund also may identify its type or category (e.g., that it is a Money Market Fund or a balanced fund).
+ References
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Investment Objectives/Goals. Disclose the Fund's investment objectives or goals. A Fund also may identify its type or category (e.g., that it is a Money Market Fund or a balanced fund).
+ References
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Annual Fund Operating Expenses (ongoing expenses that you pay each year as a percentage of the value of your investment)
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-Number N-1A
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-Section 3
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"Other Expenses" include all expenses not otherwise disclosed in the table that are deducted from the Fund's assets or charged to all shareholder accounts. The amount of expenses deducted from the Fund's assets are the amounts shown as expenses in the Fund's statement of operations (including increases resulting from complying with paragraph 2(g) of rule 6-07 of Regulation S-X [17 CFR 210.6-07]). "Other Expenses" do not include extraordinary expenses as determined under generally accepted accounting principles (see Accounting Principles Board Opinion No. 30). If extraordinary expenses were incurred that materially affected the Fund's "Other Expenses," disclose in a footnote to the table what "Other Expenses" would have been had the extraordinary expenses been included.
+ References
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-Number N-1A
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-Subsection instructions
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-Clause i
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If applicable, include a statement explaining that updated performance information is available and providing a Website address and/or toll-free (or collect) telephone number where the updated information may be obtained.
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-Section 4
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Include the bar chart and table required by paragraphs (b)(2)(ii) and (iii) of this section. Provide a brief explanation of how the information illustrates the variability of the Fund's returns (e.g., by stating that the information provides some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual returns for 1, 5, and 10 years compare with those of a broad measure of market performance). Provide a statement to the effect that the Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
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Risk/Return Bar Chart and Table.
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-Section 4
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Include the bar chart and table required by paragraphs (b)(2)(ii) and (iii) of this section. Provide a brief explanation of how the information illustrates the variability of the Fund's returns (e.g., by stating that the information provides some indication of the risks of investing in the Fund by showing changes in the Fund's performance from year to year and by showing how the Fund's average annual returns for 1, 5, and 10 years compare with those of a broad measure of market performance). Provide a statement to the effect that the Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future.
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-Publisher SEC
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If the Fund has annual returns for at least one calendar year, provide a table showing the Fund's (A) average annual total return; (B) average annual total return (after taxes on distributions); and (C) average annual total return (after taxes on distributions and redemption). A Money Market Fund should show only the returns described in clause (A) of the preceding sentence. All returns should be shown for 1-, 5-, and 10- calendar year periods ending on the date of the most recently completed calendar year (or for the life of the Fund, if shorter), but only for periods subsequent to the effective date of the Fund's registration statement. The table also should show the returns of an appropriate broad-based securities market index as defined in Instruction 5 to Item 22(b)(7) for the same periods. A Fund that has been in existence for more than 10 years also may include returns for the life of the Fund. A Money Market Fund may provide the Fund's 7-day yield ending on the date of the most recent calendar year or disclose a toll-free (or collect) telephone number that investors can use to obtain the Fund's current 7-day yield. For a Fund (other than a Money Market Fund or a Fund described in General Instruction C.3.(d)(iii)), provide the information in the following table with the specified captions AVERAGE ANNUAL TOTAL RETURNS (For the periods ended December 31, _____)
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This item represents Average Anuual Total Returns. If a Multiple Class Fund offers a Class in the prospectus that converts into another Class after a stated period, compute average annual total returns in the table by using the returns of the other Class for the period after conversion.
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Provide a brief explanation that the actual after-tax returns depend on an investor's tax situation and may differ from those shown, and after-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts.
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