Putnam Dynamic Asset Allocation Gr R (PASRX)
| Fund Assets | 2.98B |
| Expense Ratio | 1.26% |
| Min. Investment | $500 |
| Turnover | 133.00% |
| Dividend (ttm) | 2.08 |
| Dividend Yield | 9.48% |
| Dividend Growth | 191.04% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 18, 2024 |
| Previous Close | 21.92 |
| YTD Return | 16.85% |
| 1-Year Return | 13.27% |
| 5-Year Return | 65.25% |
| 52-Week Low | 16.77 |
| 52-Week High | 22.09 |
| Beta (5Y) | n/a |
| Holdings | 2406 |
| Inception Date | Jan 21, 2003 |
About PASRX
Putnam Dynamic Asset Allocation Growth Fund Class R is a multi-asset mutual fund designed to pursue long-term capital appreciation through an actively managed mix of equities and fixed income. The strategy typically emphasizes stocks, allocating a majority of assets to U.S. and international equities, with a flexible sleeve in investment-grade bonds and cash to manage risk and diversify return drivers. The fund employs tactical asset allocation, adjusting exposures across regions, sectors, and styles based on macroeconomic views and valuation signals, while underlying security selection is handled by Putnam’s specialized equity and fixed income teams. It targets investors seeking a growth-oriented core holding that integrates diversification and professional oversight within a single vehicle. The Class R share class is structured for retirement platforms, reflecting plan-based distribution features and expense arrangements. As part of Putnam’s Dynamic Asset Allocation suite, the Growth Fund sits at the higher-equity end of the range, positioning it to capture equity market upside while using fixed income and cash as ballast during periods of volatility.
Performance
PASRX had a total return of 13.27% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.57%.
Top 10 Holdings
25.85% of assets| Name | Symbol | Weight |
|---|---|---|
| NVIDIA Corporation | NVDA | 4.79% |
| Microsoft Corporation | MSFT | 4.07% |
| Apple Inc. | AAPL | 3.79% |
| Putnam Funds Trust - Putnam Short Term Investment Fund, Class P | n/a | 3.16% |
| Amazon.com, Inc. | AMZN | 2.46% |
| Meta Platforms, Inc. | META | 1.79% |
| Alphabet, Inc. | GOOGL | 1.78% |
| Tesla, Inc. | TSLA | 1.50% |
| Broadcom Inc. | AVGO | 1.45% |
| Mastercard Incorporated | MA | 1.06% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 18, 2024 | $2.078 | Dec 20, 2024 |
| Dec 18, 2023 | $0.714 | Dec 20, 2023 |
| Dec 16, 2022 | $0.223 | Dec 20, 2022 |
| Dec 16, 2021 | $2.789 | Dec 20, 2021 |
| Dec 17, 2020 | $0.029 | Dec 21, 2020 |
| Dec 18, 2019 | $0.219 | Dec 20, 2019 |