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 secularized debt instruments (such as mortgage-backed investments). It may also use to a significant extent derivatives, such as futures, options, certain foreign currency transactions, warrants and swap contracts, for both hedging and non-hedging purposes.


1 month-1.62% 3 years+13.35%
3 months-1.40% 5 years+10.80%
1 year+8.42% Since inception+7.87%
Data through --

Peer Comparisonvs. Moderate allocation

Performance 5-yr return+10.80%+9.75%
Expense ratio0.78%1.30%
Risk 5 year sharpe ratio1.211.06
Net assets$1.5B$2.6B
Average market cap$28.5B$46.7B
Average P/E18.018.1
Portfolio turnover190%190%

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Fund Management and Purchase Info

Fund familyPutnam
Fund manager & tenureRobert Kea / 12 Years
Minimal initial investment$0.00
Minimum IRA investment--


U.S. stock44.97%
Fixed income32.67%
International stock11.24%
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
-- FNMA4.67%
-- Fannie Mae Single Family TBA 6% 2044-07-012.86%
-- Fed Natl Mort Assc 3.5%1.84%
-- Ginnie Mae Jumbos TBA 3% 2044-07-011.62%
AAPL Apple Inc1.09%
JNJ Johnson & Johnson1.01%
JPM JPMorgan Chase & Co0.99%
SLB Schlumberger NV0.98%
XOM Exxon Mobil Corporation0.87%
VZ Verizon Communications Inc0.86%

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