Franklin Dynamic Asset Allocation Bal R (PAARX)

Fund Assets	3.13B
Expense Ratio	1.15%
Min. Investment	$500
Turnover	158.00%
Dividend (ttm)	0.36
Dividend Yield	1.98%
Dividend Growth	-29.07%
Payout Frequency	Quarterly
Ex-Dividend Date	Jul 20, 2026

Previous Close	17.96
YTD Return	8.79%
1-Year Return	13.79%
5-Year Return	35.05%
52-Week Low	16.12
52-Week High	18.14
Beta (5Y)	0.65
Holdings	2419
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.

• Fund Family: Franklin Templeton
• Category: Allocation--50% to 70% Equity
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PAARX
• Share Class: Class R Shares
• Index: Russell 3000 TR

Performance

PAARX had a total return of 13.79% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.23%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PABYX	Class Y Shares	0.65%
PABAX	Class A Shares	0.90%
AABCX	Class C Shares	1.65%

Top 10 Holdings

22.65% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	4.33%
Apple Inc.	AAPL	4.23%
Microsoft Corporation	MSFT	3.00%
Amazon.com, Inc.	AMZN	2.10%
Alphabet Inc.	GOOGL	1.81%
Federal National Mortgage Association 5%	FNCL.5 8.11	1.60%
Alphabet Inc.	GOOG	1.46%
Federal National Mortgage Association 2.5%	FNCL.2.5 8.11	1.42%
United States Treasury Bills 0%	B.0 12.10.26	1.38%
Meta Platforms, Inc.	META	1.33%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 20, 2026	$0.0538	Jul 20, 2026
Apr 20, 2026	$0.0396	Apr 20, 2026
Dec 22, 2025	$0.1331	Dec 22, 2025
Oct 20, 2025	$0.1297	Oct 20, 2025
Jul 21, 2025	$0.1482	Jul 21, 2025
Mar 20, 2025	$0.139	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:

Aug 26, 2026

Data Sources Report a data error