Franklin Dynamic Asset Allocation Gr R (PASRX)

Fund Assets	4.15B
Expense Ratio	1.23%
Min. Investment	$500
Turnover	100.00%
Dividend (ttm)	0.35
Dividend Yield	1.53%
Dividend Growth	-82.96%
Payout Frequency	Annual
Ex-Dividend Date	Dec 22, 2025

Previous Close	23.29
YTD Return	12.03%
1-Year Return	18.28%
5-Year Return	57.47%
52-Week Low	19.96
52-Week High	23.46
Beta (5Y)	0.85
Holdings	2449
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.

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

Performance

PASRX had a total return of 18.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.03%.

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%
PAECX	Class C Shares	1.73%

Top 10 Holdings

24.69% of assets

Name	Symbol	Weight
Putnam Fds Tr	n/a	4.83%
NVIDIA Corporation	NVDA	4.14%
Apple Inc.	AAPL	4.06%
Microsoft Corporation	MSFT	2.89%
Amazon.com, Inc.	AMZN	2.02%
Alphabet Inc.	GOOGL	1.73%
Alphabet Inc.	GOOG	1.42%
Meta Platforms, Inc.	META	1.28%
Broadcom Inc.	AVGO	1.21%
Taiwan Semiconductor Manufacturing Company Limited	2330	1.11%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 22, 2025	$0.354	Dec 22, 2025
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

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:

Aug 27, 2026

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