Putnam Dynamic Asset Allocation Bal Y (PABYX)
| Fund Assets | 2.34B |
| Expense Ratio | 0.68% |
| Min. Investment | $500 |
| Turnover | 222.00% |
| Dividend (ttm) | 1.89 |
| Dividend Yield | 10.79% |
| Dividend Growth | 257.90% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jul 21, 2025 |
| Previous Close | 17.46 |
| YTD Return | 10.38% |
| 1-Year Return | 8.92% |
| 5-Year Return | 51.63% |
| 52-Week Low | 14.45 |
| 52-Week High | 18.10 |
| Beta (5Y) | n/a |
| Holdings | 2218 |
| Inception Date | Jul 5, 1994 |
About PABYX
Putnam Dynamic Asset Allocation Balanced Fund is an open-end mutual fund designed to pursue a balanced blend of growth and income by investing across both equity and fixed income markets. Its core strategy typically maintains a globally diversified allocation of about 60% to equities and 40% to bonds, but the fund managers have the flexibility to adjust this distribution within a range, allowing for tactical shifts in response to changing market conditions. The fund holds a broad portfolio—numbering over 2,200 holdings at times—which spans U.S. and global stocks, government and corporate bonds, and other asset types. Chiefly targeting investors seeking moderate risk and return, the fund falls within the 'Moderate Allocation' category, generally allocating 50% to 70% of assets to equities. Since its inception in 1994, it has aimed to generate total return through both capital appreciation and income, evidenced by regular quarterly dividend payouts. The Class Y Shares version is notable for its competitive expense ratio and minimum investment requirement, making it accessible to a wide range of investors. Managed by a team with significant experience, the fund plays a key role in diversified portfolios seeking balanced exposure to both stock and bond markets.
Performance
PABYX had a total return of 8.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.39%.
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 | $0.1576 | Jul 21, 2025 |
| Mar 20, 2025 | $0.159 | Mar 20, 2025 |
| Dec 18, 2024 | $1.573 | Dec 20, 2024 |
| Sep 18, 2024 | $0.086 | Sep 20, 2024 |
| Jun 17, 2024 | $0.085 | Jun 20, 2024 |
| Mar 18, 2024 | $0.085 | Mar 20, 2024 |