Franklin Dynamic Asset Allocation Bal Y (PABYX)

Fund Assets	3.11B
Expense Ratio	0.663%
Min. Investment	$500
Turnover	158.00%
Dividend (ttm)	0.36
Dividend Yield	1.99%
Dividend Growth	-44.26%
Payout Frequency	Quarterly
Ex-Dividend Date	Oct 20, 2026

Previous Close	17.76
YTD Return	6.81%
1-Year Return	7.98%
5-Year Return	40.27%
52-Week Low	16.41
52-Week High	18.47
Beta (5Y)	0.65
Holdings	2431
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.

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

Performance

PABYX had a total return of 7.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.49%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PABAX	Class A Shares	0.90%
PAARX	Class R Shares	1.15%
AABCX	Class C Shares	1.65%

Top 10 Holdings

22.98% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	4.67%
Apple Inc.	AAPL	4.26%
Microsoft Corporation	MSFT	3.35%
Amazon.com, Inc.	AMZN	2.01%
Alphabet Inc.	GOOGL	1.71%
Federal National Mortgage Association 5%	FNCL.5 9.11	1.64%
United States Treasury Bills 0%	B.0 12.10.26	1.37%
Alphabet Inc.	GOOG	1.36%
Federal National Mortgage Association 2.5%	FNCL.2.5 9.11	1.33%
Meta Platforms, Inc.	META	1.27%

Dividend History

Ex-Dividend	Amount	Pay Date
Oct 20, 2026	$0.0669	Oct 20, 2026
Jul 20, 2026	$0.0745	Jul 20, 2026
Apr 20, 2026	$0.062	Apr 20, 2026
Dec 22, 2025	$0.1537	Dec 22, 2025
Oct 20, 2025	$0.1511	Oct 20, 2025
Jul 21, 2025	$0.1576	Jul 21, 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:

Nov 12, 2026

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