Putnam Dynamic Asset Allocation Balanced Fund Class R6 (PAAEX)
| Fund Assets | 3.03B |
| Expense Ratio | 0.59% |
| Min. Investment | $500 |
| Turnover | 158.00% |
| Dividend (ttm) | 0.47 |
| Dividend Yield | 2.77% |
| Dividend Growth | -65.89% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 22, 2025 |
| Previous Close | 16.73 |
| YTD Return | -0.83% |
| 1-Year Return | 15.25% |
| 5-Year Return | 43.50% |
| 52-Week Low | 14.45 |
| 52-Week High | 17.84 |
| Beta (5Y) | n/a |
| Holdings | 2221 |
| Inception Date | Jul 2, 2012 |
About PAAEX
Putnam Dynamic Asset Allocation Balanced Fund Class R6 is a mutual fund designed to deliver a combination of income and capital appreciation by dynamically allocating assets across both equity and fixed income securities. Its primary function is to seek total return while maintaining a moderate risk profile. Typically, the fund maintains a globally diversified strategic allocation of approximately 60% equities and 40% fixed income, though portfolio managers can flexibly adjust allocations within a 45%-75% range for equities and 25%-55% for fixed income to respond to changing market conditions. The fund's holdings encompass a broad mix, including large-cap technology and consumer companies, U.S. and international equities, investment-grade and high-yield bonds, and U.S. Treasuries. Categorized as "Moderate Allocation," it is suitable for investors seeking balanced exposure to growth and income, and it reflects market trends across major asset classes. Its significant asset base and diversified approach enable it to play a central role in multi-asset portfolios, often serving retirement plans and investors looking to reduce volatility while capturing opportunities in both equity and bond markets.
Performance
PAAEX had a total return of 15.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.93%.
Top 10 Holdings
36.65% of assets| Name | Symbol | Weight |
|---|---|---|
| Us 2yr Note (Cbt) Mar26 Tuh6 | n/a | 5.37% |
| NVIDIA Corporation | NVDA | 4.58% |
| Us 5yr Note (Cbt) Mar26 Fvh6 | n/a | 4.16% |
| Trs Usd Float Rcxtpgdl Usd Fixed 0% 2026-04-17 | n/a | 4.09% |
| Msci Emgmkt Mar26 Mesh6 | n/a | 3.72% |
| Apple Inc. | AAPL | 3.71% |
| Microsoft Corporation | MSFT | 3.14% |
| Trs Usd Float Bcftusal Usd Fixed 0% 2027-01-22 | n/a | 2.92% |
| Amazon.com, Inc. | AMZN | 2.52% |
| Alphabet Inc. | GOOGL | 2.46% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $0.1553 | Dec 22, 2025 |
| Oct 20, 2025 | $0.1527 | Oct 20, 2025 |
| Jul 21, 2025 | $0.1587 | Jul 21, 2025 |
| Mar 20, 2025 | $0.161 | Mar 20, 2025 |
| Dec 18, 2024 | $1.576 | Dec 20, 2024 |
| Sep 18, 2024 | $0.089 | Sep 20, 2024 |