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+0.45% 3 years+14.60%
3 months+3.30% 5 years+11.39%
1 year+10.94% Since inception+7.99%
Data through --

Peer Comparisonvs. Moderate allocation

Performance 5-yr return+11.39%+9.75%
Expense ratio0.78%1.29%
Risk 5 year sharpe ratio1.231.09
Net assets$1.6B$2.9B
Average market cap$29.0B$45.8B
Average P/E17.517.8
Portfolio turnover351%351%

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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. stock45.94%
Fixed income33.41%
International stock9.98%
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
-- Fed Natl Mort Assc 4%4.93%
-- Fed Natl Mort Assc 6%2.91%
-- Fed Natl Mort Assc 3.5%1.80%
-- Govt Natl Mtg Asso 3%1.72%
AAPL Apple Inc1.19%
-- Station Pl Securitization Tr Se 144A FRN1.06%
JPM JPMorgan Chase & Co1.04%
JNJ Johnson & Johnson1.03%
VZ Verizon Communications Inc0.88%
SLB Schlumberger NV0.85%

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