Putnam Dynamic Asset Allocation Bal R (PAARX)
| Fund Assets | 2.34B |
| Expense Ratio | 1.18% |
| Min. Investment | $500 |
| Turnover | 222.00% |
| Dividend (ttm) | 1.84 |
| Dividend Yield | 10.72% |
| Dividend Growth | 303.01% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jul 21, 2025 |
| Previous Close | 17.16 |
| YTD Return | 9.07% |
| 1-Year Return | 7.13% |
| 5-Year Return | 40.43% |
| 52-Week Low | 14.23 |
| 52-Week High | 17.84 |
| Beta (5Y) | n/a |
| Holdings | 2218 |
| Inception Date | Jan 21, 2003 |
About PAARX
Putnam Dynamic Asset Allocation Balanced Fund Class R is a mutual fund designed to provide investors with a diversified, balanced approach to asset allocation. The fund strategically invests between 45% and 75% of its assets in equities and 25% to 55% in fixed income securities, seeking a total return through a blend of capital appreciation and current income. Its portfolio encompasses a wide mix of domestic and international stocks—as represented by major technology holdings such as Microsoft, Apple, and NVIDIA—along with U.S. government and corporate bonds. This flexible allocation allows the fund’s managers to respond to changing market conditions by adjusting exposures while aiming to maintain moderate overall risk. Managed by an experienced team, the fund also incorporates both growth and value investment styles within equities and targets medium credit quality and interest rate sensitivity within fixed income. With over $2 billion in assets and a track record dating to 2003, Putnam Dynamic Asset Allocation Balanced Fund Class R serves investors looking for diversification across asset classes, regular quarterly income distributions, and an adaptable approach to risk management within the moderate allocation category.
Performance
PAARX had a total return of 7.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.88%.
Top 10 Holdings
39.95% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 5.20% |
| Us 2yr Note (Cbt) Dec25 Tuz5 | n/a | 5.12% |
| Trs Usd Float Rcxtpgdl Usd Fixed 0% 2025-12-15 | n/a | 4.70% |
| Us 5yr Note (Cbt) Dec25 Fvz5 | n/a | 4.62% |
| Microsoft Corporation | MSFT | 4.62% |
| Apple Inc. | AAPL | 4.09% |
| Trs Usd Float Bcftdeal Usd Float Sofrrate 2026-08-14 | n/a | 3.51% |
| Amazon.com, Inc. | AMZN | 3.16% |
| Us Long Bond(Cbt) Dec25 Usz5 | n/a | 2.80% |
| Meta Platforms, Inc. | META | 2.13% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 21, 2025 | $0.1482 | Jul 21, 2025 |
| Mar 20, 2025 | $0.139 | Mar 20, 2025 |
| Dec 18, 2024 | $1.552 | Dec 20, 2024 |
| Sep 18, 2024 | $0.063 | Sep 20, 2024 |
| Jun 17, 2024 | $0.062 | Jun 20, 2024 |
| Mar 18, 2024 | $0.065 | Mar 20, 2024 |