Putnam Dynamic Asset Allocation Balanced Fund Class Y (PABYX)

Net Asset Value
1 Day
Overall Morningstar Rating
Allocation--50% to 70% equity
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 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).


1 month0.00% 3 years+5.80%
3 months-3.52% 5 years+8.80%
1 year+10.13% Since inception+7.72%
Data through --

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

Performance 5-yr return+8.80%+6.55%
Expense ratio0.74%1.15%
Risk 5 year sharpe ratio1.180.93
Net assets$2.7B$3.1B
Average market cap$53.1B$67.5B
Average P/E18.820.1
Portfolio turnover200%200%

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Fund Management and Purchase Info

Fund familyPutnam
Fund manager & tenureRobert Schoen / 15 Years
Minimal initial investment$0.00
Minimum IRA investment--


U.S. stock46.01%
Fixed income30.56%
International stock11.04%
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
-- 2.29%
-- 1.89%
MSFT Microsoft1.80%
GOOGL Google1.78%
JPM JPMorgan Chase1.41%
AAPL Apple1.18%
-- 1.13%
VZ Verizon1.07%
UNH UnitedHealth1.06%
C Citigroup1.03%