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PACRX Putnam Dynamic Asset Allocation Cnsrv R

  • Fund
  • PACRX
  • Price as of: Nov 17, 2017
  • $11.14
  • - $0.00
  • - 0.00%
  • Category
  • Diversified Portfolio

PACRX - Profile

Vitals

  • YTD Return 6.3%
  • 3 Yr Annualized Return 4.4%
  • 5 Yr Annualized Return 6.1%
  • Net Assets $1.13 B
  • Holdings in Top 10 18.3%

52 WEEK LOW AND HIGH

$11.14
$10.40
$11.21

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.29%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 614.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$0

IRA

N/A

Investment Themes

CATEGORY

Diversified Portfolio
  • Fund Type Open End Mutual Fund
  • Investment Style Tactical Allocation

Distributions

  • YTD Total Return 6.3%
  • 3 Yr Annualized Total Return 4.4%
  • 5 Yr Annualized Total Return 6.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.16%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name Putnam Dynamic Asset Allocation Conservative Fund
  • Fund Family Name Putnam
  • Inception Date Jan 21, 2003
  • Shares Outstanding N/A
  • Share Class Retirement
  • Currency USD
  • Domiciled Country United States
  • Manager Jason R. Vaillancourt

Fund Description

The fund allocates 15% to 45% of its assets in equities and 55% to 85% in fixed income securities. It invests mainly in fixed-income investments, including U.S. and foreign government obligations, corporate obligations and securitized debt instruments. The fund also invests, to a lesser extent, in equity securities (growth or value stocks or both) of U.S. and foreign companies of any size.

PACRX - Performance

Return Ranking - Trailing

Period PACRX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 6.3% -49.2% 451.5% 52.02% 3
1 Yr 8.7% -26.7% 45.9% 53.83% 3
3 Yr 4.4% * -11.7% 12.3% 52.62% 3
5 Yr 6.1% * -11.3% 15.0% 57.50% 3
10 Yr 4.8% * -6.2% 8.6% 43.84% 3

* Annualized


Return Ranking - Calendar

Period PACRX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 2.1% -65.8% 23.3% 51.80% 3
2015 -6.6% -37.7% 48.7% 50.50% 3
2014 0.3% -59.3% 22.9% 41.29% 3
2013 7.7% -17.5% 36.4% 47.68% 3
2012 8.8% -16.2% 18.4% 40.51% 3

Total Return Ranking - Trailing

Period PACRX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 6.3% -49.2% 451.5% 52.23% 3
1 Yr 8.7% -28.0% 73.2% 43.44% 3
3 Yr 4.4% * -11.8% 28.2% 45.52% 3
5 Yr 6.1% * -11.7% 15.0% 54.26% 3
10 Yr 4.8% * -6.2% 8.6% 39.83% 3

* Annualized


Total Return Ranking - Calendar

Period PACRX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 3.6% -65.6% 32.0% 50.53% 3
2015 0.1% -29.3% 50.4% 13.88% 1
2014 9.3% -54.8% 25.4% 14.10% 1
2013 11.1% -16.7% 57.2% 62.66% 4
2012 12.9% -16.2% 74.5% 57.52% 3

NAV & Total Return History

PACRX - Holdings

Filings data as of: Sep 30, 2017

Concentration Analysis

PACRX Category Low Category High PACRX % Rank Quintile
Net Assets 1.13 B 81.4 K 118 B 10.69% 2
Number of Holdings 1722 1 12799 2.42% 1
Net Assets in Top 10 203 M -654 M 23.3 B 15.37% 3
Weighting of Top 10 18.3% 0.2% 455.9% 31.34% 5

Top 10 Holdings

  1. GNMA 3.5% 4.41%
  2. FNMA 3.5% 2.35%
  3. FNMA 3% 2.01%
  4. FHLMC 4% 1.91%
  5. FNMA 3.5% 1.59%
  6. Microsoft Corp 1.21%
  7. Alphabet Inc A 1.21%
  8. Fannie Mae Single Family TBA 3% 2047-11-01 1.35%
  9. Apple Inc 1.26%
  10. Fed Natl Mort Assc 6% 1.01%

Asset Allocation

Weighting Category Low Category High PACRX % Rank Quintile
Bonds
50.78% -109.09% 135.52% 8.18% 2
Stocks
38.93% -2.59% 141.14% 25.72% 4
Cash
9.40% -183.58% 110.98% 11.85% 2
Preferred Stocks
0.50% -0.07% 112.85% 9.19% 2
Convertible Bonds
0.23% 0.00% 33.12% 7.09% 2
Other
0.15% -6.04% 98.99% 20.54% 4

Stock Sector Breakdown

Weighting Category Low Category High PACRX % Rank Quintile
Technology
7.62% -6.57% 70.04% 15.89% 3
Financial Services
6.05% -8.51% 69.58% 21.02% 4
Consumer Cyclical
5.23% -10.84% 54.37% 15.38% 3
Healthcare
5.19% -8.22% 31.05% 17.37% 3
Industrials
4.52% -3.12% 48.84% 17.51% 3
Consumer Defense
3.43% -2.25% 27.69% 13.58% 3
Energy
1.98% -4.89% 35.99% 17.41% 4
Utilities
1.38% -2.48% 47.20% 10.62% 3
Basic Materials
1.38% -2.54% 21.85% 14.92% 4
Real Estate
1.36% -4.60% 82.50% 15.84% 3
Communication Services
1.01% -1.63% 27.16% 12.89% 4

Stock Geographic Breakdown

Weighting Category Low Category High PACRX % Rank Quintile
US
30.68% -97.12% 138.58% 23.88% 3
Non US
8.25% -11.38% 150.81% 21.41% 3

Bond Sector Breakdown

Weighting Category Low Category High PACRX % Rank Quintile
Corporate
25.17% 0.00% 203.65% 9.06% 2
Securitized
25.11% -0.01% 64.33% 1.60% 1
Cash & Equivalents
9.43% -183.58% 122.40% 11.85% 2
Government
1.12% -339.71% 117.18% 28.55% 5
Derivative
0.08% -84.53% 26.76% 3.02% 1
Municipal
0.00% 0.00% 207.05% 8.51% 4

Bond Geographic Breakdown

Weighting Category Low Category High PACRX % Rank Quintile
US
44.05% -422.59% 103.74% 7.04% 1
Non US
6.73% -57.44% 364.72% 12.85% 2

PACRX - Expenses

Operational Fees

PACRX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.29% 0.00% 165.34% 13.33% 3
Management Fee 0.52% 0.00% 2.55% 3.34% 3
12b-1 Fee 0.50% 0.00% 1.00% 0.82% 3
Administrative Fee N/A 0.00% 0.83% N/A N/A

Sales Fees

PACRX Fees (% of AUM) Category Low Category High PACRX Rank Quintile
Front Load N/A 0.14% 5.75% N/A N/A
Deferred Load N/A 0.75% 5.50% N/A N/A

Trading Fees

PACRX Fees (% of AUM) Category Low Category High PACRX Rank Quintile
Max Redemption Fee N/A 0.11% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PACRX Fees (% of AUM) Category Low Category High PACRX Rank Quintile
Turnover 614.00% 0.00% 5910.00% 0.74% 5

PACRX - Distributions

Dividend Yield Analysis

PACRX Category Low Category High PACRX % Rank Quintile
Dividend Yield 0.2% 0.00% 11.33% 37.20% 3

Dividend Distribution Analysis

PACRX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

PACRX Category Low Category High PACRX % Rank Quintile
Net Income Ratio 1.16% -3.27% 12.91% 14.34% 3

Capital Gain Distribution Analysis

PACRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

PACRX - Managers

Jason R. Vaillancourt

Manager

Start Date

Jun 30, 2008

Tenure

9.34

Tenure Rank

2.9%

Mr. Vaillancourt is a Co-Head of Global Asset Allocation (GAA). In partnership with the other GAA Co- Heads, he directs the overall strategy and positioning of Putnam’s GAA products. He is accountable for the research that drives the top-down views of GAA portfolios, including asset class, region, and sector decisions. His work also contributes to Putnam’s Capital Markets Outlook. In addition, Mr. Vaillancourt is a portfolio manager of GAA, multi-asset absolute return, and total return strategies. He joined Putnam in 2000 and has been in the investment industry since 1993. Prior to joining Putnam, Mr. Vaillancourt was a Research Associate in Taxable Fixed Income at Fidelity Investments from 1996 to 1998, and an Assistant Portfolio Manager at Independence Investment Associates from 1993 to 1996. He earned an M.B.A. from the University of Chicago and a B.S. from Northeastern University.


James A. Fetch

Manager

Start Date

Jun 30, 2008

Tenure

9.34

Tenure Rank

2.9%

Mr. Fetch is a Co-Head of Global Asset Allocation. In partnership with other GAA Co-Heads, he directs the overall strategy and positioning of Putnam's GAA products. He is accountable for GAA portfolio construction and risk management strategies. His work also contributes to Putnam's Capital Markets Outlook. Since 2008, Mr. Fetch has served as a portfolio manager. He is responsible for managing Putnam's GAA, multi-asset absolute return, and total return strategies. Mr. Fetch been in the investment industry since he originally joined Putnam in 1994. After leaving to complete his M.B.A, he rejoined the firm in 2000. He earned an M.B.A. from the University of Chicago and a B.A. from the University of Notre Dame.


Robert J. Kea

Manager

Start Date

May 30, 2002

Tenure

15.43

Tenure Rank

1.1%

Mr. Kea is a Co-Head of Global Asset Allocation (GAA). In partnership with other GAA Co-Heads, he directs the overall strategy and positioning of GAA products and oversees top-down equity and duration views in Putnam GAA portfolios. His work contributes to Putnam's Capital Markets Outlook. In addition, Mr. Kea is a portfolio manager who is responsible for managing GAA, multi-asset absolute-return, and total-return strategies. He joined Putnam in 1989 and has been in the investment industry since 1988. Previously at Putnam, Mr. Kea served as an Accountant for international funds. Prior to joining Putnam, he was an Accountant at State Street Bank from 1988 to 1989. He earned an M.B.A. from Bentley College and a B.A. from the University of Massachusetts, Amherst.


Robert J. Schoen

Manager

Start Date

May 30, 2002

Tenure

15.43

Tenure Rank

1.1%

Robert Schoen is Co-Head of the Global Asset Allocation (GAA) group at Putnam Investments. In partnership with other GAA co-heads, he is responsible for the overall strategy and positioning of Putnam's GAA products. Robert’s career in the investment industry began in 1990. He joined Putnam in 1997. Prior to joining Putnam (from 1992 to 1997), Robert was a self-employed Financial Consultant. He was Head of Research at an asset management company from 1990 to 1992. Robert has a BA from Tufts University and an MBA from New York University, Stern School of Business.


Tenure Analysis

Category Low

0.0

Category High

49.6

Category Average

5.63

Category Mode

0.7