0000928816-17-002480.txt : 20171218 0000928816-17-002480.hdr.sgml : 20171218 20171218090719 ACCESSION NUMBER: 0000928816-17-002480 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 13 FILED AS OF DATE: 20171218 DATE AS OF CHANGE: 20171218 EFFECTIVENESS DATE: 20171218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GEORGE PUTNAM BALANCED FUND CENTRAL INDEX KEY: 0000081259 IRS NUMBER: 046013677 STATE OF INCORPORATION: MA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 002-10816 FILM NUMBER: 171260455 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 8002252581 MAIL ADDRESS: STREET 1: ONE POST OFFICE SQ CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: GEORGE PUTNAM FUND OF BOSTON DATE OF NAME CHANGE: 19940302 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM EQUITY INCOME FUND/NEW DATE OF NAME CHANGE: 19940302 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM GEORGE FUND OF BOSTON DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GEORGE PUTNAM BALANCED FUND CENTRAL INDEX KEY: 0000081259 IRS NUMBER: 046013677 STATE OF INCORPORATION: MA FISCAL YEAR END: 0731 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-00058 FILM NUMBER: 171260456 BUSINESS ADDRESS: STREET 1: ONE POST OFFICE SQ CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 8002252581 MAIL ADDRESS: STREET 1: ONE POST OFFICE SQ CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: GEORGE PUTNAM FUND OF BOSTON DATE OF NAME CHANGE: 19940302 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM EQUITY INCOME FUND/NEW DATE OF NAME CHANGE: 19940302 FORMER COMPANY: FORMER CONFORMED NAME: PUTNAM GEORGE FUND OF BOSTON DATE OF NAME CHANGE: 19920703 0000081259 S000005597 GEORGE PUTNAM FUND OF BOSTON C000015264 Class A Shares PGEOX C000015265 Class B Shares PGEBX C000015266 Class C Shares PGPCX C000015267 Class M Shares PGEMX C000015268 Class R Shares PGPRX C000015269 Class Y Shares PGEYX C000136854 Class R5 C000136855 Class R6 C000184401 Class T Shares 485BPOS 1 a_georgecvr.htm GEORGE PUTNAM BALANCED FUND a_georgecvr.htm
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
    ---- 
  REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933  / X / 
    ---- 
    ---- 
  Pre-Effective Amendment No.  / / 
    ---- 
    ---- 
  Post-Effective Amendment No. 116  / X / 
  and/or  ---- 
    ---- 
  REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY  / X / 
  ACT OF 1940  ---- 
    ---- 
  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) 

----   
/ /  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) 
----   
----   
/ /  on (date) pursuant to paragraph (a)(1) 
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/ /  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 
  GEORGE PUTNAM BALANCED 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 

 

 

 

 

 

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.

 

 

 

 

EX-101.INS 2 pgeox-20171128.xml XBRL INSTANCE FILE 0000081259 2016-11-30 2017-11-30 0000081259 PGEOX:S000005597Member 2016-11-30 2017-11-30 0000081259 PGEOX:S000005597Member PGEOX:C000015264Member 2016-11-30 2017-11-30 0000081259 PGEOX:S000005597Member PGEOX:C000015265Member 2016-11-30 2017-11-30 0000081259 PGEOX:S000005597Member PGEOX:C000015266Member 2016-11-30 2017-11-30 0000081259 PGEOX:S000005597Member PGEOX:C000015267Member 2016-11-30 2017-11-30 0000081259 PGEOX:S000005597Member PGEOX:C000015268Member 2016-11-30 2017-11-30 0000081259 PGEOX:S000005597Member PGEOX:C000136854Member 2016-11-30 2017-11-30 0000081259 PGEOX:S000005597Member PGEOX:C000136855Member 2016-11-30 2017-11-30 0000081259 PGEOX:S000005597Member PGEOX:C000184401Member 2016-11-30 2017-11-30 0000081259 PGEOX:S000005597Member PGEOX:C000015269Member 2016-11-30 2017-11-30 0000081259 PGEOX:S000005597Member PGEOX:C000015264Member rr:AfterTaxesOnDistributionsMember 2016-11-30 2017-11-30 0000081259 PGEOX:S000005597Member PGEOX:C000015264Member rr:AfterTaxesOnDistributionsAndSalesMember 2016-11-30 2017-11-30 0000081259 PGEOX:S000005597Member PGEOX:SP500IndexMember 2016-11-30 2017-11-30 0000081259 PGEOX:S000005597Member PGEOX:BloombergBarclaysUSAggregateBondIndexMember 2016-11-30 2017-11-30 0000081259 PGEOX:S000005597Member PGEOX:GeorgePutnamBlendedIndexMember 2016-11-30 2017-11-30 iso4217:USD xbrli:pure 485BPOS 2016-12-31 GEORGE PUTNAM BALANCED FUND 0000081259 false PGEOX 2017-11-28 2017-11-30 2017-11-30 0.0575 0 0 0.0350 0 0 0 0.0250 0 0.0100 0.0500 0.0100 0 0 0 0 0 0 <div style="display: none">~ http://xbrl.sec.gov/rr/role/ShareholderFeesData column period compact * column dei_LegalEntityAxis compact PGEOX_S000005597Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> 0.0092 -0.4030 0.2580 0.1115 0.0271 0.1236 0.1776 0.1048 -0.0111 0.0793 <b>Fund summary</b> <b>Goal</b> 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. <b>Fees and expenses</b> 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 <font style="font-weight: normal"><i>How do I buy fund shares?</i></font> beginning on page 15 of the fund&#8217;s prospectus, in the Appendix to the fund&#8217;s prospectus, and in <font style="font-weight: normal"><i>How to buy shares</i></font> beginning on page II-1 of the fund&#8217;s statement of additional information (SAI). 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 <font style="font-weight: normal"><i>How do I buy fund shares?</i></font> beginning on page 15 of the fund&#8217;s prospectus, in the Appendix to the fund&#8217;s prospectus, and in <font style="font-weight: normal"><i>How to buy shares</i></font> beginning on page II-1 of the fund&#8217;s statement of additional information (SAI). <b>Annual fund operating expenses </b><i>(expenses you pay each year as a percentage of the value of your investment)</i> <b>Example</b> <b>Portfolio turnover</b> <b>Investments, risks, and performance<br /> <br /> Investments</b> <b>Risks</b> <b>Performance</b> <b>Annual total returns for class A shares before sales charges</b> <b>Average annual total returns after sales charges </b><i>(for periods ending 12/31/16)</i> The fund&#8217;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&#8217;s performance is also compared to the S&#38;P 500 Index, an unmanaged index of large U.S. company stocks. In addition, the fund&#8217;s performance is compared to the George Putnam Blended Index, an unmanaged index administered by Putnam Management, 60% of which is the S&#38;P 500 Index and 40% of which is the Bloomberg Barclays U.S. Aggregate Bond Index.<br /> <br /> 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&#8217;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. 0.0053 0.0053 0.0053 0.0053 0.0053 0.0053 0.0053 0.0053 0.0053 0.0025 0.0100 0.0100 0.0075 0.0050 0.0025 0.0023 0.0023 0.0023 0.0023 0.0023 0.0021 0.0011 0.0023 0.0023 0.0101 0.0176 0.0176 0.0151 0.0126 0.0074 0.0064 0.0101 0.0076 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&#8217;s operating expenses remain the same. Your actual costs may be higher or lower. The fund pays transaction-related costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher turnover rate may indicate higher transaction costs and may result in higher taxes when the fund&#8217;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&#8217;s turnover rate in the most recent fiscal year was 204%. 2.04 50000 <div style="display: none">~ http://xbrl.sec.gov/rr/role/OperatingExpensesData column period compact * column dei_LegalEntityAxis compact PGEOX_S000005597Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <b>Shareholder fees </b><i>(fees paid directly from your investment) 1745 1880 2078 2093 1528 924 804 1461 948 1103 1156 956 1147 694 414 359 796 425 879 856 556 812 401 238 206 565 244 673 679 279 499 129 76 66 351 78 1880 2078 956 956 556 556 179 179 It is important to understand that you can lose money by investing in the fund.<br /> <br /> The value of stocks and bonds in the fund&#8217;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&#8217;s portfolio holdings. Growth stocks may be more susceptible to earnings disappointments, and value stocks may fail to rebound.<br /> <br /> Bond investments are subject to interest rate risk, which means the value of the fund&#8217;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 &#8220;junk bonds&#8221;), 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.<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. 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 fund&#8217;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. The performance information below gives some indication of the risks associated with an investment in the fund by showing the fund&#146;s performance year to year and over time. The fund&#8217;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&#8217;s performance is also compared to the S&amp;P 500 Index, an unmanaged index of large U.S. company stocks. In addition, the fund&#8217;s performance is compared to the George Putnam Blended Index, an unmanaged index administered by Putnam Management, 60% of which is the S&amp;P 500 Index and 40% of which is the 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&#8217;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. Year-to-date performance<br /><b>through 9/30/17&#160;&#160;&#160;&#160;11.01%<br /><br /></b>Best calendar quarter<br /><b>Q2 2009&#160;&#160;&#160;12.57%<br /><br /></b>Worst calendar quarter<br /><b>Q4 2008&#160;&#160;&#160;&#160;&#150;26.96%</b> Year-to-date performance through 2017-09-30 0.1101 Best calendar quarter 2009-06-30 0.1257 Worst calendar quarter 2008-12-31 -0.2696 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&#8217;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. 0.0244 0.0242 0.0228 0.0217 0.0280 0.0331 0.0334 0.0279 0.0331 0.0174 0.0176 0.0695 0.0434 0.0654 0.0802 0.0819 0.0850 0.0799 0.0903 0.0958 0.0964 0.0875 0.0957 0.0768 0.0628 0.1466 0.0223 0.0978 0.0172 0.0208 0.0606 0.0356 0.0766 0.0819 0.0828 0.0523 0.0816 0.0137 0.0114 0.1196 0.0265 0.0841 <div style="display: none">~ http://xbrl.sec.gov/rr/role/ExpenseExample column period compact * column dei_LegalEntityAxis compact PGEOX_S000005597Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display: none">~ http://xbrl.sec.gov/rr/role/ExpenseExampleNoRedemption column period compact * column dei_LegalEntityAxis compact PGEOX_S000005597Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display: none">~ http://xbrl.sec.gov/rr/role/BarChartData column period compact * column dei_LegalEntityAxis compact PGEOX_S000005597Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> <div style="display: none">~ http://xbrl.sec.gov/rr/role/PerformanceTableData column period compact * column dei_LegalEntityAxis compact PGEOX_S000005597Member column rr_ProspectusShareClassAxis compact * row primary compact * ~</div> 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. 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. Other expenses are based on expenses of class A shares for the fund's last fiscal year. Performance for class R5 and class R6 shares prior to their inception (12/2/13) is derived from the historical performance of class Y shares and has not been adjusted for the lower investor servicing fees applicable to class R5 and class R6 shares; had it, returns would have been higher. Class T shares were not outstanding during the periods shown. Performance shown for class T shares is derived from the historical performance of class A shares, adjusted for the lower initial sales charge currently applicable to class T shares. EX-101.SCH 3 pgeox-20171128.xsd XBRL SCHEMA FILE EX-101.DEF 4 pgeox-20171128_def.xml XBRL DEFINITION FILE EX-101.LAB 5 pgeox-20171128_lab.xml XBRL LABEL FILE Legal Entity [Axis] George Putnam Balanced Fund Share Class [Axis] Class A Class B Class C Class M Class R Class R5 Class R6 Class T Class Y Performance Measure [Axis] after taxes on distributions after taxes on distributions and sale of fund shares S&P 500 Index (no deduction for fees, expenses or taxes) Bloomberg Barclays U.S. Aggregate Bond Index (no deduction for fees, expenses or taxes) George Putnam Blended Index (no deduction for fees, expenses or taxes) 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 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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 Expense reimbursement Total annual fund operating expenses after expense reimbursement 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 Index No Deduction for Fees, Expenses, Taxes [Text] Performance Table Uses Highest Federal Rate Performance Table Not Relevant to Tax Deferred Performance Table One Class of after Tax Shown [Text] Performance Table Explanation after Tax Higher Performance Table Footnotes, Reason Performance Information for Class Different from Immediately Preceding Period [Text] Caption Column Money Market Seven Day Yield, Caption [Text] Money Market Seven Day Yield Column [Text] Money Market Seven Day Yield Phone Money Market Seven Day Yield Money Market Seven Day Tax Equivalent Yield Thirty Day Yield Caption Thirty Day Yield Column [Text] Thirty Day Yield Phone Thirty Day Yield Thirty Day Tax Equivalent Yield Series Class Class Class Class Class Class Class Class Class performance measures performance measures 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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)
Shareholder Fees - George Putnam Balanced Fund
Class A
Class B
Class C
Class M
Class R
Class R5
Class R6
Class T
Class Y
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) 5.75% none none 3.50% none none 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 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 - George Putnam Balanced Fund
Class A
Class B
Class C
Class M
Class R
Class R5
Class R6
Class T
Class Y
Management fees 0.53% 0.53% 0.53% 0.53% 0.53% 0.53% 0.53% 0.53% 0.53%
Distribution and service (12b-1) fees 0.25% 1.00% 1.00% 0.75% 0.50%     0.25%  
Other expenses 0.23% 0.23% 0.23% 0.23% 0.23% 0.21% 0.11% 0.23% [1] 0.23%
Total annual fund operating expenses 1.01% 1.76% 1.76% 1.51% 1.26% 0.74% 0.64% 1.01% 0.76%
[1] 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 $10,000 in the fund for the time periods indicated and then, except as indicated, redeem all your shares at the end of those periods. It assumes a 5% return on your investment each year and that the fund’s operating expenses remain the same. Your actual costs may be higher or lower.
Expense Example - George Putnam Balanced Fund - USD ($)
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 673 879 1,103 1,745
Class B 679 856 1,156 1,880
Class C 279 556 956 2,078
Class M 499 812 1,147 2,093
Class R 129 401 694 1,528
Class R5 76 238 414 924
Class R6 66 206 359 804
Class T 351 565 796 1,461
Class Y 78 244 425 948
Expense Example, No Redemption - George Putnam Balanced 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 179 556 956 1,880
Class C 179 556 956 2,078
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
Bar Chart
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)
Average Annual Total Returns - George Putnam Balanced Fund
1 Year
5 Years
10 Years
Class A 1.72% 8.02% 2.44%
Class A | after taxes on distributions 1.37% 7.68% 1.74%
Class A | after taxes on distributions and sale of fund shares 1.14% 6.28% 1.76%
Class B 2.08% 8.19% 2.42%
Class C 6.06% 8.50% 2.28%
Class M 3.56% 7.99% 2.17%
Class R 7.66% 9.03% 2.80%
Class R5 [1] 8.19% 9.58% 3.31%
Class R6 [1] 8.28% 9.64% 3.34%
Class T [2] 5.23% 8.75% 2.79%
Class Y 8.16% 9.57% 3.31%
S&P 500 Index (no deduction for fees, expenses or taxes) 11.96% 14.66% 6.95%
Bloomberg Barclays U.S. Aggregate Bond Index (no deduction for fees, expenses or taxes) 2.65% 2.23% 4.34%
George Putnam Blended Index (no deduction for fees, expenses or taxes) 8.41% 9.78% 6.54%
[1] Performance for class R5 and class R6 shares prior to their inception (12/2/13) is derived from the historical performance of class Y shares and has not been adjusted for the lower investor servicing fees applicable to class R5 and class R6 shares; had it, returns would have been higher.
[2] Class T shares were not outstanding during the periods shown. Performance shown for class T shares is derived from the historical performance of class A shares, adjusted for the lower initial sales charge currently applicable to class T shares.
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.
XML 10 R8.htm IDEA: XBRL DOCUMENT v3.8.0.1
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.
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 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.
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%
[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.
[4] Performance for class R5 and class R6 shares prior to their inception (12/2/13) is derived from the historical performance of class Y shares and has not been adjusted for the lower investor servicing fees applicable to class R5 and class R6 shares; had it, returns would have been higher.
[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 periods shown. Performance shown for class T shares is derived from the historical performance of class A shares, adjusted for the lower initial sales charge currently applicable to class T shares.
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