Franklin Dynamic Asset Allocation Gr Y (PAGYX)

Fund Assets	4.23B
Expense Ratio	0.73%
Min. Investment	$500
Turnover	100.00%
Dividend (ttm)	0.44
Dividend Yield	1.83%
Dividend Growth	-2.67%
Payout Frequency	Annual
Ex-Dividend Date	Dec 22, 2025

Previous Close	24.21
YTD Return	10.04%
1-Year Return	13.49%
5-Year Return	61.96%
52-Week Low	21.07
52-Week High	24.81
Beta (5Y)	0.85
Holdings	2466
Inception Date	Jul 14, 1994

About PAGYX

Putnam Dynamic Asset Allocation Growth Fund Class Y is an actively managed mutual fund designed to pursue capital appreciation through a diversified, flexible mix of global equities and fixed income. The strategy typically allocates the majority of assets to stocks, with a policy range of roughly 65% to 95% in equities and 5% to 35% in bonds, allowing the manager to adjust exposures across market cycles. The portfolio invests in U.S. and international companies across market capitalizations and styles, complemented by fixed income holdings that may include government, corporate, and securitized debt. The fund employs a growth‑oriented risk posture within Putnam’s asset allocation suite, starting from a strategic baseline near 80% equity and 20% fixed income to balance return potential with diversification. This approach positions the fund as a core multi‑asset solution for investors seeking broad global equity participation with a measured bond allocation for risk management. Longstanding tenure since 1994 and an institutional share class expense profile support its role as a seasoned vehicle in the allocation—70% to 85% equity category.

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

Performance

PAGYX had a total return of 13.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.56%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PAEAX	Class A Shares	0.98%
PASRX	Class R Shares	1.23%
PAECX	Class C Shares	1.73%

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	$0.4409	Dec 22, 2025
Dec 18, 2024	$2.192	Dec 20, 2024
Dec 18, 2023	$0.797	Dec 20, 2023
Dec 16, 2022	$0.312	Dec 20, 2022
Dec 16, 2021	$2.905	Dec 20, 2021
Dec 17, 2020	$0.131	Dec 21, 2020

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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