Putnam Dynamic Asset Allocation Growth Fund Class A (PAEAX)
| Fund Assets | 2.45B |
| Expense Ratio | 1.01% |
| Min. Investment | $500 |
| Turnover | 133.00% |
| Dividend (ttm) | 2.14 |
| Dividend Yield | 9.61% |
| Dividend Growth | 182.30% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 20.96 |
| YTD Return | 8.34% |
| 1-Year Return | 12.65% |
| 5-Year Return | 77.05% |
| 52-Week Low | 17.32 |
| 52-Week High | 22.39 |
| Beta (5Y) | n/a |
| Holdings | 2297 |
| Inception Date | Feb 8, 1994 |
About PAEAX
Putnam Dynamic Asset Allocation Growth Fund Class A is a mutual fund designed to seek capital appreciation through a flexible, diversified investment approach. The fund primarily allocates between 65% and 95% of its assets to equities, with the remaining 5% to 35% invested in fixed income securities. This dynamic allocation enables the fund to adapt to different market environments, balancing growth opportunities with risk management. The equity portion of the portfolio includes major technology and consumer companies, such as Apple, Microsoft, NVIDIA, and Amazon, as well as exposures to U.S. Treasury futures, reflecting its global and multi-sector reach. With an investment strategy classified as "moderately aggressive allocation," the fund aims to capture long-term growth while maintaining discipline through diversified asset allocation. Managed by a team of seasoned professionals, Putnam Dynamic Asset Allocation Growth Fund Class A serves investors looking for a strategic mix of stocks and bonds within a single investment vehicle, supporting both portfolio growth and resilience over time.
Performance
PAEAX had a total return of 12.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.18%.
Top 10 Holdings
34.31% of assets| Name | Symbol | Weight |
|---|---|---|
| PUTNAM SHORT TERM INVESTMENT FUND - SHORT TERM INV FUND | n/a | 5.46% |
| GOLDMAN SACHS INTERNATIONAL - Total Return Swap | n/a | 4.13% |
| Apple Inc. | AAPL | 3.85% |
| GOLDMAN SACHS INTERNATIONAL - Total Return Swap | n/a | 3.81% |
| Microsoft Corporation | MSFT | 3.39% |
| NVIDIA Corporation | NVDA | 3.20% |
| BARCLAYS BANK PLC - Total Return Swap | n/a | 2.86% |
| BARCLAYS BANK PLC - Total Return Swap | n/a | 2.84% |
| Amazon.com, Inc. | AMZN | 2.50% |
| CHICAGO BOARD OF TRADE - GOVERNMENT FUTURES | TUM5COMDTY | 2.26% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $2.137 | Dec 20, 2024 |
| Dec 18, 2023 | $0.757 | Dec 20, 2023 |
| Dec 16, 2022 | $0.270 | Dec 20, 2022 |
| Dec 16, 2021 | $2.853 | Dec 20, 2021 |
| Dec 17, 2020 | $0.089 | Dec 21, 2020 |
| Dec 18, 2019 | $0.259 | Dec 20, 2019 |