Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

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 month+2.36% 3 years+7.62%
3 months+4.74% 5 years+10.14%
1 year+14.48% Since inception+7.88%
Data through --

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

Performance 5-yr return+10.14%+7.51%
Expense ratio0.75%1.16%
Risk 5 year sharpe ratio1.491.19
Net assets$2.7B$3.0B
Average market cap$47.5B$60.3B
Average P/E17.720.9
Portfolio turnover200%200%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

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


U.S. stock44.41%
Fixed income30.10%
International stock10.35%
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
-- 2.41%
AAPL Apple1.81%
MSFT Microsoft1.74%
GOOGL Google1.73%
JPM JPMorgan Chase1.29%
JNJ Johnson & Johnson1.20%
-- 1.17%
C Citigroup1.10%
-- 1.04%
-- 0.99%