Franklin Dynamic Asset Allocation Growth Fund Class C (PAECX)

Fund Assets	4.23B
Expense Ratio	1.73%
Min. Investment	$500
Turnover	100.00%
Dividend (ttm)	0.23
Dividend Yield	1.08%
Dividend Growth	-7.07%
Payout Frequency	Annual
Ex-Dividend Date	Dec 22, 2025

Previous Close	21.28
YTD Return	9.22%
1-Year Return	12.37%
5-Year Return	54.06%
52-Week Low	18.61
52-Week High	21.83
Beta (5Y)	0.85
Holdings	2466
Inception Date	Sep 1, 1994

About PAECX

Putnam Dynamic Asset Allocation Growth Fund Class C is a mutual fund designed to pursue long-term capital appreciation through a flexible, actively managed portfolio. The fund primarily invests in a diversified mix of equity and fixed income securities, maintaining a strategic allocation with roughly 80% in equities and 20% in fixed income to achieve growth while managing risk exposure. Its equity holdings span large-cap companies, particularly in the technology sector, with notable positions in leading firms such as Apple, NVIDIA, and Microsoft, as well as allocations to government securities and futures for diversification and risk management purposes. The fund’s investment approach allows for tactical adjustments within its set allocation framework, aiming to take advantage of market conditions while preserving a growth-oriented profile. Launched in 1994, this fund serves investors seeking exposure to a broadly diversified, moderately aggressive asset allocation strategy within the mutual fund landscape. It is often used as a core holding in portfolios seeking a balance between equity-driven growth and some measure of fixed income stability, making it relevant across a range of investment objectives.

• Fund Family: Franklin Templeton
• Category: Allocation--70% to 85% Equity
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PAECX
• Share Class: Class C Shares
• Index: Russell 3000 TR

Performance

PAECX had a total return of 12.37% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.76%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PAGYX	Class Y Shares	0.73%
PAEAX	Class A Shares	0.98%
PASRX	Class R Shares	1.23%

Top 10 Holdings

24.24% of assets

Name	Symbol	Weight
NVIDIA Corporation	NVDA	4.46%
Putnam Fds Tr	n/a	4.13%
Apple Inc.	AAPL	4.09%
Microsoft Corporation	MSFT	3.20%
Amazon.com, Inc.	AMZN	1.93%
Alphabet Inc.	GOOGL	1.63%
Alphabet Inc.	GOOG	1.31%
Meta Platforms, Inc.	META	1.22%
Broadcom Inc.	AVGO	1.14%
Taiwan Semiconductor Manufacturing Company Limited	2330	1.11%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 22, 2025	$0.2286	Dec 22, 2025
Dec 18, 2024	$1.985	Dec 20, 2024
Dec 18, 2023	$0.622	Dec 20, 2023
Dec 16, 2022	$0.162	Dec 20, 2022
Dec 16, 2021	$2.699	Dec 20, 2021
Dec 18, 2019	$0.145	Dec 20, 2019

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:

Oct 2, 2026

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