Putnam Dynamic Asset Allocation Balanced Fund Class Y (PABYX)

15.37
Net Asset Value
+0.13%
1 Day
+0.26%
Year-to-Date
Overall Morningstar Rating
Allocation--50% to 70% equity
Style or Category
No Load
Sales Expenses
0.74%
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 fixed income securities. It invests mainly in equity securities (growth or value stocks or both) of both 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).

Performance

1 month+0.99% 3 years+6.49%
3 months+1.93% 5 years+9.19%
1 year+9.31% Since inception+7.76%
Data through --

Peer Comparisonvs. Allocation--50% to 70% equity

 PABYXCategory
Performance 5-yr return+9.19%+6.55%
Expense ratio0.74%1.15%
Risk 5 year sharpe ratio1.180.91
Net assets$2.8B$3.1B
Average market cap$53.2B$66.8B
Average P/E17.218.7
Portfolio turnover200%200%

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Fund Management and Purchase Info

Fund familyPutnam
Fund manager & tenureRobert Schoen / 16 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

U.S. stock46.64%
Fixed income28.63%
Cash13.16%
International stock11.38%
Other0.18%
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
-- 2.21%
MSFT Microsoft1.95%
-- 1.84%
GOOGL Google1.78%
JPM JPMorgan Chase1.46%
-- 1.45%
AAPL Apple1.18%
UNH UnitedHealth1.02%
VZ Verizon0.98%
C Citigroup0.94%