Putnam Dynamic Asset Allocation Conservative Fund Class R5 (PACDX)
| Fund Assets | 824.72M |
| Expense Ratio | 0.70% |
| Min. Investment | $500 |
| Turnover | 243.00% |
| Dividend (ttm) | 0.38 |
| Dividend Yield | 3.31% |
| Dividend Growth | -36.28% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 20, 2026 |
| Previous Close | 11.46 |
| YTD Return | 1.68% |
| 1-Year Return | 10.16% |
| 5-Year Return | 22.48% |
| 52-Week Low | 10.72 |
| 52-Week High | 11.57 |
| Beta (5Y) | n/a |
| Holdings | 2218 |
| Inception Date | Jul 2, 2012 |
About PACDX
Putnam Dynamic Asset Allocation Conservative Fund Class R5 is an open-end mutual fund designed to provide a balance between capital preservation and long-term total return. This fund adopts a conservative allocation strategy, typically investing 15% to 45% of its assets in equities, with the majority—55% to 85%—allocated to fixed income securities such as U.S. Treasuries and high-quality bonds. The fund employs a dynamic portfolio management approach, regularly adjusting holdings through both qualitative analysis and quantitative techniques to respond to changing market conditions while staying within predefined allocation ranges. Top holdings often include U.S. Treasury futures, major technology companies like Apple, Microsoft, and NVIDIA, as well as securitized debt instruments. The fund is overseen by a team of experienced professionals and is aimed at investors seeking moderate growth with an emphasis on risk control. It plays a key role in the conservative allocation segment of the financial market, offering a blend of income generation and downside protection, making it suitable for those prioritizing capital preservation, such as individuals approaching or in retirement.
Performance
PACDX had a total return of 10.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.59%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FTIWX | Fidelity | Fidelity Advisor Asset Manager 20% - Class I | 0.52% |
| FTTNX | Fidelity | Fidelity Advisor Asset Manager 30% - Class M | 1.04% |
| FCANX | Fidelity | Fidelity Advisor Asset Manager 30% - Class C | 1.54% |
| FTAWX | Fidelity | Fidelity Advisor Asset Manager 20% - Class A | 0.77% |
| FIKWX | Fidelity | Fidelity Advisor Asset Manager 30% - Class Z | 0.48% |
Top 10 Holdings
36.90% of assets| Name | Symbol | Weight |
|---|---|---|
| Us 2yr Note (Cbt) Jun26 Tum6 | n/a | 9.36% |
| Us 5yr Note (Cbt) Jun26 Fvm6 | n/a | 5.37% |
| Us Long Bond(Cbt) Jun26 Usm6 | n/a | 3.49% |
| NVIDIA Corporation | NVDA | 3.20% |
| Federal National Mortgage Association 2.5% | FNCL.2.5 4.11 | 2.82% |
| Apple Inc. | AAPL | 2.71% |
| Federal National Mortgage Association 5% | FNCL.5 4.11 | 2.66% |
| Us Ultra Bond Cbt Jun26 Wnm6 | n/a | 2.51% |
| Us 10yr Note (Cbt)jun26 Tym6 | n/a | 2.48% |
| United States Treasury Bills 0% | B.0 07.16.26 | 2.29% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 20, 2026 | $0.049 | Apr 20, 2026 |
| Dec 22, 2025 | $0.1065 | Dec 22, 2025 |
| Oct 20, 2025 | $0.1253 | Oct 20, 2025 |
| Jul 21, 2025 | $0.099 | Jul 21, 2025 |
| Apr 21, 2025 | $0.024 | Apr 21, 2025 |
| Mar 20, 2025 | $0.078 | Mar 20, 2025 |