Franklin Dynamic Asset Allocation Bal R6 (PAAEX)

Fund Assets	3.11B
Expense Ratio	0.61%
Min. Investment	$500
Turnover	158.00%
Dividend (ttm)	0.45
Dividend Yield	2.48%
Dividend Growth	-23.43%
Payout Frequency	Quarterly
Ex-Dividend Date	Jul 20, 2026

Previous Close	18.19
YTD Return	7.33%
1-Year Return	10.33%
5-Year Return	45.61%
52-Week Low	16.41
52-Week High	18.47
Beta (5Y)	0.65
Holdings	2431
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.

• Fund Family: Franklin Templeton
• Category: Allocation--50% to 70% Equity
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PAAEX
• Index: Russell 3000 TR

Performance

PAAEX had a total return of 10.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.15%.

Top 10 Holdings

22.98% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	4.67%
Apple Inc.	AAPL	4.26%
Microsoft Corporation	MSFT	3.35%
Amazon.com, Inc.	AMZN	2.01%
Alphabet Inc.	GOOGL	1.71%
Federal National Mortgage Association 5%	FNCL.5 9.11	1.64%
United States Treasury Bills 0%	B.0 12.10.26	1.37%
Alphabet Inc.	GOOG	1.36%
Federal National Mortgage Association 2.5%	FNCL.2.5 9.11	1.33%
Meta Platforms, Inc.	META	1.27%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 20, 2026	$0.0762	Jul 20, 2026
Apr 20, 2026	$0.0635	Apr 20, 2026
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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