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PACRX Putnam Dynamic Asset Allocation Cnsrv R

  • Fund
  • PACRX
  • Price as of: Aug 08, 2016
  • $10.60
  • - $0.00
  • - 0.00%
  • Category
  • Diversified Portfolio

PACRX - Profile

Vitals

  • YTD Return 3.3%
  • 3 Yr Annualized Return 5.7%
  • 5 Yr Annualized Return 5.9%
  • Net Assets $977 M
  • Holdings in Top 10 23.0%

52 WEEK LOW AND HIGH

$10.60
$9.86
$11.07

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.27%

SALES FEES

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

BROKERAGE FEES

  • Turnover 559.00%

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 3.3%
  • 3 Yr Annualized Total Return 5.7%
  • 5 Yr Annualized Total Return 5.9%
  • 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 debt 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 3.3% -65.8% 22.5% 59.32% 4
1 Yr 2.2% -30.1% 18.0% 40.44% 3
3 Yr 5.7% * -14.0% 12.6% 30.39% 2
5 Yr 5.9% * -13.4% 12.2% 48.77% 3
10 Yr 5.0% * -5.6% 9.0% 54.46% 3

* Annualized


Return Ranking - Calendar

Period PACRX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -6.6% -61.2% 48.7% 52.69% 3
2014 N/A -11.0% 4.5% N/A N/A
2013 N/A -11.5% 25.9% N/A N/A
2012 N/A 5.1% 15.7% N/A N/A
2011 N/A -7.3% 5.7% N/A N/A

Total Return Ranking - Trailing

Period PACRX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.3% -65.8% 22.5% 60.05% 4
1 Yr 2.2% -30.1% 17.0% 29.37% 2
3 Yr 5.7% * -15.0% 12.6% 24.78% 2
5 Yr 5.9% * -13.7% 12.2% 44.85% 3
10 Yr 5.0% * -5.6% 9.0% 50.72% 3

* Annualized


Total Return Ranking - Calendar

Period PACRX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -6.6% -61.2% 48.7% 52.69% 3
2014 N/A -11.0% 9.6% N/A N/A
2013 N/A -4.1% 29.6% N/A N/A
2012 N/A 7.8% 20.7% N/A N/A
2011 N/A -3.5% 11.7% N/A N/A

NAV & Total Return History

PACRX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

PACRX Category Low Category High PACRX % Rank Quintile
Net Assets 977 M 81.4 K 102 B 7.81% 2
Number of Holdings 2089 1 12089 1.01% 1
Net Assets in Top 10 216 M -654 M 19.5 B 11.17% 3
Weighting of Top 10 23.0% 0.0% 246.1% 23.30% 4

Top 10 Holdings

  1. Fed Natl Mort Assc 4% 5.71%
  2. Fannie Mae Single Family TBA 3% 2031-07-01 3.02%
  3. Govt Natl Mtg Asso 3.5% 2.94%
  4. Ginnie Mae Jumbos TBA 3.5% 2046-07-01 2.83%
  5. Fannie Mae Single Family TBA 6% 2046-07-01 2.19%
  6. FNMA 1.99%
  7. Microsoft Corp 0.90%
  8. Verizon Communications Inc 0.74%
  9. Fed Natl Mort Assc 3% 1.77%
  10. Johnson & Johnson 0.89%

Asset Allocation

Weighting Category Low Category High PACRX % Rank Quintile
Bonds
46.15% -0.39% 98.35% 8.18% 2
Stocks
36.34% -3.90% 139.24% 20.92% 4
Cash
16.81% -80.76% 100.06% 8.01% 2
Preferred Stocks
0.25% -0.04% 36.35% 7.96% 2
Convertible Bonds
0.23% 0.00% 33.12% 5.81% 2
Other
0.23% -9.98% 131.62% 16.66% 4

Stock Sector Breakdown

Weighting Category Low Category High PACRX % Rank Quintile
Consumer Cyclical
5.51% -6.71% 67.05% 13.74% 3
Technology
5.38% -11.24% 86.30% 16.39% 3
Healthcare
5.07% -0.78% 26.13% 15.18% 3
Financial Services
4.88% -5.44% 81.82% 17.55% 4
Industrials
4.15% -4.76% 59.46% 16.43% 4
Consumer Defense
3.70% -6.80% 33.05% 12.86% 3
Energy
2.10% -3.72% 31.87% 15.04% 4
Utilities
1.51% -6.48% 56.47% 9.29% 3
Real Estate
1.49% -2.11% 51.75% 13.97% 3
Basic Materials
1.34% -3.08% 25.70% 12.86% 4
Communication Services
1.22% -2.19% 32.13% 12.12% 4

Stock Geographic Breakdown

Weighting Category Low Category High PACRX % Rank Quintile
US
29.18% -123.16% 136.63% 18.86% 3
Non US
7.16% -2.43% 163.55% 17.62% 3

Bond Sector Breakdown

Weighting Category Low Category High PACRX % Rank Quintile
Securitized
23.49% -0.01% 42.26% 1.42% 1
Corporate
19.76% 0.00% 93.84% 10.34% 2
Cash & Equivalents
16.90% -80.82% 157.26% 7.69% 2
Government
3.18% -160.96% 76.37% 21.37% 4
Municipal
0.11% 0.00% 137.36% 7.09% 3
Derivative
-0.06% -84.53% 22.60% 3.25% 4

Bond Geographic Breakdown

Weighting Category Low Category High PACRX % Rank Quintile
US
40.63% -31.85% 93.68% 6.64% 2
Non US
5.52% -57.44% 70.46% 11.58% 3

PACRX - Expenses

Operational Fees

PACRX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.27% 0.00% 165.34% 13.28% 3
Management Fee 0.52% 0.00% 2.55% 3.48% 3
12b-1 Fee 0.50% 0.00% 1.00% 0.63% 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 559.00% 0.00% 5473.00% 1.02% 5

PACRX - Distributions

Dividend Yield Analysis

PACRX Category Low Category High PACRX % Rank Quintile
Dividend Yield 0.2% 0.00% 11.33% 36.50% 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% -2.96% 9.94% 14.15% 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

8.09

Tenure Rank

2.3%

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

8.09

Tenure Rank

2.3%

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

14.18

Tenure Rank

0.8%

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

14.18

Tenure Rank

0.8%

Mr. Schoen is a Co-Head of Global Asset Allocation. In partnership with the other GAA Co-Heads, he directs overall strategy and positioning of Putnam’s GAA products. He is accountable for the research that drives equity security selection strategies, portfolio construction & risk management for GAA portfolios. His work contributes to Putnam’s Capital Markets Outlook. In addition, he is a portfolio manager who manages GAA, multi-asset absolute-return, total return strategies and the Low Volatility Equity Product group. He joined Putnam in 1997 & has been in the investment industry since 1990.


Tenure Analysis

Category Low

0.0

Category High

35.6

Category Average

5.33

Category Mode

1.6