Putnam Dynamic Asset Allocation Balanced Fund Class Y (PABYX)
| Fund Assets | 3.03B |
| Expense Ratio | 0.68% |
| Min. Investment | $500 |
| Turnover | 158.00% |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 2.75% |
| Dividend Growth | -66.03% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 22, 2025 |
| Previous Close | 16.82 |
| YTD Return | -0.83% |
| 1-Year Return | 15.22% |
| 5-Year Return | 43.08% |
| 52-Week Low | 14.45 |
| 52-Week High | 17.84 |
| Beta (5Y) | n/a |
| Holdings | 2221 |
| 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 15.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.39%.
Top 10 Holdings
36.65% of assets| Name | Symbol | Weight |
|---|---|---|
| Us 2yr Note (Cbt) Mar26 Tuh6 | n/a | 5.37% |
| NVIDIA Corporation | NVDA | 4.58% |
| Us 5yr Note (Cbt) Mar26 Fvh6 | n/a | 4.16% |
| Trs Usd Float Rcxtpgdl Usd Fixed 0% 2026-04-17 | n/a | 4.09% |
| Msci Emgmkt Mar26 Mesh6 | n/a | 3.72% |
| Apple Inc. | AAPL | 3.71% |
| Microsoft Corporation | MSFT | 3.14% |
| Trs Usd Float Bcftusal Usd Fixed 0% 2027-01-22 | n/a | 2.92% |
| Amazon.com, Inc. | AMZN | 2.52% |
| Alphabet Inc. | GOOGL | 2.46% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $0.1537 | Dec 22, 2025 |
| Oct 20, 2025 | $0.1511 | Oct 20, 2025 |
| 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 |