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Putnam Dynamic Asset Allocation Balanced Fund Class Y (PABYX)

Net Asset Value
1 Day
Overall Morningstar Rating
Moderate allocation
Style or Category
No Load
Sales Expenses
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks total return. The fund allocates 45% to 75% of its assets in equities and 25% to 55% in debt securities. It invests mainly in equity securities (growth or value stocks or both) of U.S. and foreign companies of any size. The fund also invests in fixed-income investments, including U.S. and foreign government obligations, corporate obligations and securitized debt instruments (such as mortgage-backed investments).


1 month+0.75% 3 years+11.09%
3 months+2.81% 5 years+9.74%
1 year+2.37% Since inception+7.75%
Data through --

Peer Comparisonvs. Moderate allocation

Performance 5-yr return+9.74%+7.33%
Expense ratio0.75%1.25%
Risk 5 year sharpe ratio1.120.94
Net assets$2.0B$2.7B
Average market cap$26.1B$45.3B
Average P/E16.118.0
Portfolio turnover343%343%

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Fund Management and Purchase Info

Fund familyPutnam
Fund manager & tenureRobert Kea / 13 Years
Minimal initial investment$0.00
Minimum IRA investment--


U.S. stock44.07%
Fixed income30.00%
International stock10.19%
Top 5 Sectors
Portfolio weighting
Industrial materials 15.87%
Financial service 14.22%
Consumer goods 10.99%
Energy 10.68%
Healthcare 10.13%
Top 10 Holdings
Portfolio weighting
-- 3.13%
-- 2.45%
-- 1.92%
AAPL Apple1.92%
-- 1.42%
-- 1.23%
JPM JPMorgan Chase1.03%
-- 0.99%
PFE Pfizer0.97%
HD Home Depot0.94%