Franklin Dynamic Asset Allocation Balanced Fund Class A (PABAX)

Fund Assets	3.13B
Expense Ratio	0.90%
Min. Investment	$500
Turnover	158.00%
Dividend (ttm)	0.40
Dividend Yield	2.17%
Dividend Growth	-26.35%
Payout Frequency	Quarterly
Ex-Dividend Date	Jul 20, 2026

Previous Close	18.30
YTD Return	8.99%
1-Year Return	14.12%
5-Year Return	41.43%
52-Week Low	16.34
52-Week High	18.39
Beta (5Y)	0.69
Holdings	2419
Inception Date	Feb 7, 1994

About PABAX

Putnam Dynamic Asset Allocation Balanced Fund Class A is a multi-asset mutual fund designed to achieve total return by investing in a diversified mix of equities and fixed income securities. Managed by Putnam Funds since its inception in 1994, the fund typically allocates between 45% to 75% of assets to equities and 25% to 55% to bonds, enabling a balance between growth and income objectives. Its flexible approach allows managers to adjust allocations dynamically within set ranges in response to market conditions, while maintaining a baseline strategic allocation of approximately 60% equities and 40% fixed income. The fund holds a broad array of more than 2,200 securities, including U.S. large-cap stocks from sectors such as technology and government bonds, supporting diversification and risk management. With an expense ratio around 0.93%, quarterly dividend payouts, and a minimum investment requirement of $500, it serves investors seeking both capital appreciation and regular income. The fund’s role in the market is to provide moderate risk exposure through balanced asset allocation, making it suitable for those pursuing steady, long-term returns without extreme volatility.

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

Performance

PABAX had a total return of 14.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.73%.

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%
PAARX	Class R Shares	1.15%
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	$0.0632	Jul 20, 2026
Apr 20, 2026	$0.0512	Apr 20, 2026
Dec 22, 2025	$0.1424	Dec 22, 2025
Oct 20, 2025	$0.1401	Oct 20, 2025
Jul 21, 2025	$0.1529	Jul 21, 2025
Mar 20, 2025	$0.149	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 27, 2026

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