As filed with the Securities and Exchange Commission on | ||
December 18, 2017 | ||
Registration No. 2-10816 | ||
811-00058 | ||
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SECURITIES AND EXCHANGE COMMISSION | ||
WASHINGTON, D.C. 20549 | ||
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FORM N-1A | ||
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REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 | / X / | |
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Pre-Effective Amendment No. | / / | |
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Post-Effective Amendment No. 116 | / X / | |
and/or | ---- | |
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REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY | / X / | |
ACT OF 1940 | ---- | |
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Amendment No. 50 | / X / | |
(Check appropriate box or boxes) | ---- | |
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GEORGE PUTNAM BALANCED 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 | ||
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It is proposed that this filing will become effective |
(check appropriate box) |
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/ / | immediately upon filing pursuant to paragraph (b) | |
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/ X / | on November 30, 2017 pursuant to paragraph (b) | |
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/ / | 60 days after filing pursuant to paragraph (a)(1) | |
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/ / | on (date) pursuant to paragraph (a)(1) | |
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/ / | 75 days after filing pursuant to paragraph (a)(2) | |
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/ / | on (date) pursuant to paragraph (a)(2) of Rule 485. | |
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If appropriate, check the following box: | ||
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/ / | this post-effective amendment designates a new | |
---- | effective date for a previously filed post-effective amendment. | |
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ROBERT T. BURNS, Vice President | ||
GEORGE PUTNAM BALANCED FUND | ||
One Post Office Square | ||
Boston, Massachusetts 02109 | ||
(Name and address of agent for service) | ||
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Copy to: | ||
BRYAN CHEGWIDDEN, Esquire | ||
ROPES & GRAY LLP | ||
1211 Avenue of the Americas | ||
New York, New York 10036 |
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 18th day of December, 2017.
George Putnam Balanced 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 |
Katinka Domotorffy* | Trustee |
Catharine Bond Hill* | Trustee |
Paul L. Joskow* | Trustee |
Robert E. Patterson* | Trustee |
George Putnam, III* | Trustee |
Manoj P. Singh* | Trustee |
By: /s/ Jonathan S. Horwitz, as Attorney-in-Fact |
December 18, 2017 |
*Signed pursuant to power of attorney filed in Post-Effective Amendment No. 115 to the Registrant's Registration Statement on November 22, 2017. |
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George Putnam Balanced Fund | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fund summary | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Goal | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
George Putnam Balanced Fund seeks to provide a balanced investment composed of a well-diversified portfolio of stocks and bonds which produce both capital growth and current income. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 15 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 204%. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investments, risks, and performance Investments | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
We invest mainly in a combination of bonds and common stocks (growth or value stocks or both) of large U.S. companies, with a greater focus on common stocks. For example, we may purchase stocks of companies with stock prices that reflect a value lower than that which we place on the company. We may also consider other factors that we believe will cause the stock price to rise. We buy bonds of governments and private companies that are mostly investment-grade in quality with intermediate- to long-term maturities (three years or longer). We may consider, among other factors, a company’s valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell equity investments, and, among other factors, credit, interest rate and prepayment risks, as well as general market conditions, when deciding whether to buy or sell fixed-income investments. We may also use derivatives, such as futures, options, warrants and swap contracts, for both hedging and non-hedging purposes. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Risks | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
It is important to understand that you can lose money by investing in the fund. The value of stocks and bonds 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, in the case of bonds, 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. Growth stocks may be more susceptible to earnings disappointments, and value stocks may fail to rebound. Bond investments are subject to interest rate risk, which means the value of the fund’s bond investments is likely to fall if interest rates rise. Bond investments also are subject to credit risk, which is the risk that the issuer of the bond may default on payment of interest or principal. Interest rate risk is generally greater for longer-term bonds, and credit risk is generally greater for below-investment-grade bonds (sometimes referred to as “junk bonds”), which may be considered speculative. Our use of derivatives may increase the risks of investing in the fund by increasing investment exposure (which may be considered leverage) or, in the case of many over-the-counter instruments, because of the potential inability to terminate or sell derivatives positions and the potential failure of the other party to the instrument to meet its obligations. 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 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
![]() | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Year-to-date performance through 9/30/17 11.01% Best calendar quarter Q2 2009 12.57% Worst calendar quarter Q4 2008 26.96% | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Average annual total returns after sales charges (for periods ending 12/31/16) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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The fund’s performance is compared to the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of U.S. investment-grade fixed
income securities. The fund’s performance is also compared to the S&P 500 Index, an unmanaged index of large U.S. company
stocks. In addition, the fund’s performance is compared to the George Putnam Blended Index, an unmanaged index administered
by Putnam Management, 60% of which is the S&P 500 Index and 40% of which is the Bloomberg Barclays U.S. Aggregate Bond Index. 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. |
Label | Element | Value | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Risk Return Abstract | rr_RiskReturnAbstract | |||||||||||||
Document Type | dei_DocumentType | 485BPOS | ||||||||||||
Document Period End Date | dei_DocumentPeriodEndDate | Dec. 31, 2016 | ||||||||||||
Registrant Name | dei_EntityRegistrantName | GEORGE PUTNAM BALANCED FUND | ||||||||||||
Central Index Key | dei_EntityCentralIndexKey | 0000081259 | ||||||||||||
Amendment Flag | dei_AmendmentFlag | false | ||||||||||||
Trading Symbol | dei_TradingSymbol | PGEOX | ||||||||||||
Document Creation Date | dei_DocumentCreationDate | Nov. 28, 2017 | ||||||||||||
Document Effective Date | dei_DocumentEffectiveDate | Nov. 30, 2017 | ||||||||||||
Prospectus Date | rr_ProspectusDate | Nov. 30, 2017 | ||||||||||||
George Putnam Balanced Fund | ||||||||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||||||||
Risk/Return [Heading] | rr_RiskReturnHeading | Fund summary | ||||||||||||
Objective [Heading] | rr_ObjectiveHeading | Goal | ||||||||||||
Objective, Primary [Text Block] | rr_ObjectivePrimaryTextBlock | George Putnam Balanced Fund seeks to provide a balanced investment composed of a well-diversified portfolio of stocks and bonds which produce both capital growth and current income. | ||||||||||||
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 15 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 204%. | ||||||||||||
Portfolio Turnover, Rate | rr_PortfolioTurnoverRate | 204.00% | ||||||||||||
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 15 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 | ||||||||||||
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, risks, and performance Investments |
||||||||||||
Strategy Narrative [Text Block] | rr_StrategyNarrativeTextBlock | We invest mainly in a combination of bonds and common stocks (growth or value stocks or both) of large U.S. companies, with a greater focus on common stocks. For example, we may purchase stocks of companies with stock prices that reflect a value lower than that which we place on the company. We may also consider other factors that we believe will cause the stock price to rise. We buy bonds of governments and private companies that are mostly investment-grade in quality with intermediate- to long-term maturities (three years or longer). We may consider, among other factors, a company’s valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell equity investments, and, among other factors, credit, interest rate and prepayment risks, as well as general market conditions, when deciding whether to buy or sell fixed-income investments. We may also use derivatives, such as futures, options, warrants and swap contracts, for both hedging and non-hedging purposes. | ||||||||||||
Strategy Portfolio Concentration [Text] | rr_StrategyPortfolioConcentration | We invest mainly in a combination of bonds and common stocks (growth or value stocks or both) of large U.S. companies, with a greater focus on common stocks. | ||||||||||||
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 stocks and bonds 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, in the case of bonds, 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. Growth stocks may be more susceptible to earnings disappointments, and value stocks may fail to rebound. Bond investments are subject to interest rate risk, which means the value of the fund’s bond investments is likely to fall if interest rates rise. Bond investments also are subject to credit risk, which is the risk that the issuer of the bond may default on payment of interest or principal. Interest rate risk is generally greater for longer-term bonds, and credit risk is generally greater for below-investment-grade bonds (sometimes referred to as “junk bonds”), which may be considered speculative. Our use of derivatives may increase the risks of investing in the fund by increasing investment exposure (which may be considered leverage) or, in the case of many over-the-counter instruments, because of the potential inability to terminate or sell derivatives positions and the potential failure of the other party to the instrument to meet its obligations. 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. |
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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 funds performance year to year and over time. | ||||||||||||
Performance Additional Market Index [Text] | rr_PerformanceAdditionalMarketIndex | The fund’s performance is compared to the Barclays U.S. Aggregate Bond Index, an unmanaged index of U.S. investment-grade fixed income securities. The fund’s performance is also compared to the S&P 500 Index, an unmanaged index of large U.S. company stocks. In addition, the fund’s performance is compared to the George Putnam Blended Index, an unmanaged index administered by Putnam Management, 60% of which is the S&P 500 Index and 40% of which is the Barclays U.S. Aggregate Bond Index. | ||||||||||||
Bar Chart [Heading] | rr_BarChartHeading | Annual total returns for class A shares before sales charges | ||||||||||||
Bar Chart Closing [Text Block] | rr_BarChartClosingTextBlock | Year-to-date performance through 9/30/17 11.01% Best calendar quarter Q2 2009 12.57% Worst calendar quarter Q4 2008 26.96% |
||||||||||||
Year to Date Return, Label | rr_YearToDateReturnLabel | Year-to-date performance through | ||||||||||||
Bar Chart, Year to Date Return, Date | rr_BarChartYearToDateReturnDate | Sep. 30, 2017 | ||||||||||||
Bar Chart, Year to Date Return | rr_BarChartYearToDateReturn | 11.01% | ||||||||||||
Highest Quarterly Return, Label | rr_HighestQuarterlyReturnLabel | Best calendar quarter | ||||||||||||
Highest Quarterly Return, Date | rr_BarChartHighestQuarterlyReturnDate | Jun. 30, 2009 | ||||||||||||
Highest Quarterly Return | rr_BarChartHighestQuarterlyReturn | 12.57% | ||||||||||||
Lowest Quarterly Return, Label | rr_LowestQuarterlyReturnLabel | Worst calendar quarter | ||||||||||||
Lowest Quarterly Return, Date | rr_BarChartLowestQuarterlyReturnDate | Dec. 31, 2008 | ||||||||||||
Lowest Quarterly Return | rr_BarChartLowestQuarterlyReturn | (26.96%) | ||||||||||||
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 | The fund’s performance is compared to the Bloomberg Barclays U.S. Aggregate Bond Index, an unmanaged index of U.S. investment-grade fixed
income securities. The fund’s performance is also compared to the S&P 500 Index, an unmanaged index of large U.S. company
stocks. In addition, the fund’s performance is compared to the George Putnam Blended Index, an unmanaged index administered
by Putnam Management, 60% of which is the S&P 500 Index and 40% of which is the Bloomberg Barclays U.S. Aggregate Bond Index. 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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George Putnam Balanced 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 | 0.53% | ||||||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.23% | ||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 1.01% | ||||||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 673 | ||||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 879 | ||||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 1,103 | ||||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | $ 1,745 | ||||||||||||
Annual Return 2007 | rr_AnnualReturn2007 | 0.92% | ||||||||||||
Annual Return 2008 | rr_AnnualReturn2008 | (40.30%) | ||||||||||||
Annual Return 2009 | rr_AnnualReturn2009 | 25.80% | ||||||||||||
Annual Return 2010 | rr_AnnualReturn2010 | 11.15% | ||||||||||||
Annual Return 2011 | rr_AnnualReturn2011 | 2.71% | ||||||||||||
Annual Return 2012 | rr_AnnualReturn2012 | 12.36% | ||||||||||||
Annual Return 2013 | rr_AnnualReturn2013 | 17.76% | ||||||||||||
Annual Return 2014 | rr_AnnualReturn2014 | 10.48% | ||||||||||||
Annual Return 2015 | rr_AnnualReturn2015 | (1.11%) | ||||||||||||
Annual Return 2016 | rr_AnnualReturn2016 | 7.93% | ||||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 1.72% | ||||||||||||
5 Years | rr_AverageAnnualReturnYear05 | 8.02% | ||||||||||||
10 Years | rr_AverageAnnualReturnYear10 | 2.44% | ||||||||||||
George Putnam Balanced 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% | [2] | |||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.53% | ||||||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.23% | ||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 1.76% | ||||||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 679 | ||||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 856 | ||||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 1,156 | ||||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 1,880 | ||||||||||||
Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 179 | ||||||||||||
Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 556 | ||||||||||||
Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 956 | ||||||||||||
Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,880 | ||||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 2.08% | ||||||||||||
5 Years | rr_AverageAnnualReturnYear05 | 8.19% | ||||||||||||
10 Years | rr_AverageAnnualReturnYear10 | 2.42% | ||||||||||||
George Putnam Balanced 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% | [3] | |||||||||||
Management fees | rr_ManagementFeesOverAssets | 0.53% | ||||||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.23% | ||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 1.76% | ||||||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 279 | ||||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 556 | ||||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 956 | ||||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 2,078 | ||||||||||||
Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 179 | ||||||||||||
Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 556 | ||||||||||||
Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 956 | ||||||||||||
Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 2,078 | ||||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 6.06% | ||||||||||||
5 Years | rr_AverageAnnualReturnYear05 | 8.50% | ||||||||||||
10 Years | rr_AverageAnnualReturnYear10 | 2.28% | ||||||||||||
George Putnam Balanced 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 | 0.53% | ||||||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 0.75% | ||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.23% | ||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 1.51% | ||||||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 499 | ||||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 812 | ||||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 1,147 | ||||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | $ 2,093 | ||||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 3.56% | ||||||||||||
5 Years | rr_AverageAnnualReturnYear05 | 7.99% | ||||||||||||
10 Years | rr_AverageAnnualReturnYear10 | 2.17% | ||||||||||||
George Putnam Balanced 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 | 0.53% | ||||||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 0.50% | ||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.23% | ||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 1.26% | ||||||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 129 | ||||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 401 | ||||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 694 | ||||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | $ 1,528 | ||||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 7.66% | ||||||||||||
5 Years | rr_AverageAnnualReturnYear05 | 9.03% | ||||||||||||
10 Years | rr_AverageAnnualReturnYear10 | 2.80% | ||||||||||||
George Putnam Balanced Fund | Class R5 | ||||||||||||||
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 | 0.53% | ||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.21% | ||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 0.74% | ||||||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 76 | ||||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 238 | ||||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 414 | ||||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | $ 924 | ||||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 8.19% | [4] | |||||||||||
5 Years | rr_AverageAnnualReturnYear05 | 9.58% | [4] | |||||||||||
10 Years | rr_AverageAnnualReturnYear10 | 3.31% | [4] | |||||||||||
George Putnam Balanced Fund | Class R6 | ||||||||||||||
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 | 0.53% | ||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.11% | ||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 0.64% | ||||||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 66 | ||||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 206 | ||||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 359 | ||||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | $ 804 | ||||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 8.28% | [4] | |||||||||||
5 Years | rr_AverageAnnualReturnYear05 | 9.64% | [4] | |||||||||||
10 Years | rr_AverageAnnualReturnYear10 | 3.34% | [4] | |||||||||||
George Putnam Balanced 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 | 0.53% | ||||||||||||
Distribution and service (12b-1) fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.23% | [5] | |||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 1.01% | ||||||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 351 | ||||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 565 | ||||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 796 | ||||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | $ 1,461 | ||||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 5.23% | [6] | |||||||||||
5 Years | rr_AverageAnnualReturnYear05 | 8.75% | [6] | |||||||||||
10 Years | rr_AverageAnnualReturnYear10 | 2.79% | [6] | |||||||||||
George Putnam Balanced 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 | 0.53% | ||||||||||||
Other expenses | rr_OtherExpensesOverAssets | 0.23% | ||||||||||||
Total annual fund operating expenses | rr_ExpensesOverAssets | 0.76% | ||||||||||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 78 | ||||||||||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 244 | ||||||||||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 425 | ||||||||||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | $ 948 | ||||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 8.16% | ||||||||||||
5 Years | rr_AverageAnnualReturnYear05 | 9.57% | ||||||||||||
10 Years | rr_AverageAnnualReturnYear10 | 3.31% | ||||||||||||
George Putnam Balanced Fund | after taxes on distributions | Class A | ||||||||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 1.37% | ||||||||||||
5 Years | rr_AverageAnnualReturnYear05 | 7.68% | ||||||||||||
10 Years | rr_AverageAnnualReturnYear10 | 1.74% | ||||||||||||
George Putnam Balanced Fund | after taxes on distributions and sale of fund shares | Class A | ||||||||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 1.14% | ||||||||||||
5 Years | rr_AverageAnnualReturnYear05 | 6.28% | ||||||||||||
10 Years | rr_AverageAnnualReturnYear10 | 1.76% | ||||||||||||
George Putnam Balanced Fund | S&P 500 Index (no deduction for fees, expenses or taxes) | ||||||||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 11.96% | ||||||||||||
5 Years | rr_AverageAnnualReturnYear05 | 14.66% | ||||||||||||
10 Years | rr_AverageAnnualReturnYear10 | 6.95% | ||||||||||||
George Putnam Balanced Fund | Bloomberg Barclays U.S. Aggregate Bond Index (no deduction for fees, expenses or taxes) | ||||||||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 2.65% | ||||||||||||
5 Years | rr_AverageAnnualReturnYear05 | 2.23% | ||||||||||||
10 Years | rr_AverageAnnualReturnYear10 | 4.34% | ||||||||||||
George Putnam Balanced Fund | George Putnam Blended Index (no deduction for fees, expenses or taxes) | ||||||||||||||
Risk Return Abstract | rr_RiskReturnAbstract | |||||||||||||
1 Year | rr_AverageAnnualReturnYear01 | 8.41% | ||||||||||||
5 Years | rr_AverageAnnualReturnYear05 | 9.78% | ||||||||||||
10 Years | rr_AverageAnnualReturnYear10 | 6.54% | ||||||||||||
|