PAADX: Putnam Dynamic Asset Allocation Balanced Fund - MutualFunds.com

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Putnam Dynamic Asset Allocation Bal R5

PAADX - Snapshot

Vitals

  • YTD Return 8.4%
  • 3 Yr Annualized Return 4.5%
  • 5 Yr Annualized Return 6.1%
  • Net Assets $2.55 B
  • Holdings in Top 10 37.9%

52 WEEK LOW AND HIGH

$16.27
$11.99
$16.37

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.71%

SALES FEES

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

BROKERAGE FEES

  • Turnover 265.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

Compare PAADX to Popular U.S. Balanced Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

American Funds American Balanced Fund®

Fund

$30.59

+0.13%

$178.43 B

1.32%

$0.40

7.33%

-

Vanguard Wellington™ Fund

Fund

$46.54

+0.11%

$104.44 B

2.16%

$1.00

7.28%

-

Vanguard Balanced Index Fund

Fund

$43.93

+0.02%

$46.53 B

1.30%

$0.57

11.98%

-

T. Rowe Price Capital Appreciation Fund

Fund

$36.25

+0.64%

$40.35 B

1.33%

$0.48

16.11%

-

Fidelity® Balanced Fund

Fund

$27.79

+0.14%

$39.42 B

1.44%

$0.40

12.97%

-

PAADX - Profile

Distributions

  • YTD Total Return 8.4%
  • 3 Yr Annualized Total Return 4.5%
  • 5 Yr Annualized Total Return 6.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.64%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Putnam Dynamic Asset Allocation Balanced Fund
  • Fund Family Name
    Putnam
  • Inception Date
    Jul 02, 2012
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Robert Schoen

Fund Description

The fund allocates 45% to 75% of its assets in equities and 25% to 55% in fixed income securities. It invests mainly in equity securities (growth or value stocks or both) of both U.S. and foreign companies of any size. The fund also invests in fixed-income investments, including U.S. and foreign government obligations, corporate obligations and securitized debt instruments (such as mortgage-backed investments).

PAADX - Performance

Return Ranking - Trailing

Period PAADX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.4% -42.0% 34.2% 47.43%
1 Yr 4.4% -21.7% 26.7% 57.01%
3 Yr 4.5%* -4.7% 12.9% 62.62%
5 Yr 6.1%* -0.8% 11.3% 58.12%
10 Yr 7.8%* 0.4% 11.8% 35.54%

* Annualized

Return Ranking - Calendar

Period PAADX Return Category Return Low Category Return High Rank in Category (%)
2019 15.2% -5.8% 25.7% 33.17%
2018 -14.5% -32.7% 0.0% 75.12%
2017 8.5% -6.5% 22.4% 48.04%
2016 4.1% -43.7% 23.3% 43.97%
2015 -6.3% -32.5% 2.6% 47.48%

Total Return Ranking - Trailing

Period PAADX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.4% -42.0% 34.7% 47.43%
1 Yr 4.4% -21.7% 26.7% 47.26%
3 Yr 4.5%* -4.7% 12.9% 57.26%
5 Yr 6.1%* -0.8% 11.3% 52.71%
10 Yr 7.8%* 0.4% 11.8% 33.84%

* Annualized

Total Return Ranking - Calendar

Period PAADX Return Category Return Low Category Return High Rank in Category (%)
2019 15.2% -5.8% 25.7% 33.17%
2018 -7.0% -32.7% 0.8% 36.44%
2017 15.5% -3.7% 31.9% 14.99%
2016 7.0% -43.7% 23.3% 34.22%
2015 0.5% -32.5% 5.6% 10.85%

NAV & Total Return History

PAADX - Holdings

Concentration Analysis

PAADX Category Low Category High PAADX % Rank
Net Assets 2.55 B 716 K 166 B 26.35%
Number of Holdings 2085 2 14317 9.06%
Net Assets in Top 10 378 M 654 K 30 B 50.22%
Weighting of Top 10 37.85% 9.3% 100.0% 52.92%

Top 10 Holdings

  1. Gsglpwdl R Us0001m P 12/15/25 Gs 6.34%
  2. Gsglpwdl R Us0001m P 12/15/25 Gs 6.34%
  3. Gsglpwdl R Us0001m P 12/15/25 Gs 6.34%
  4. Gsglpwdl R Us0001m P 12/15/25 Gs 6.34%
  5. Gsglpwdl R Us0001m P 12/15/25 Gs 6.34%
  6. Gsglpwdl R Us0001m P 12/15/25 Gs 6.34%
  7. Gsglpwdl R Us0001m P 12/15/25 Gs 6.34%
  8. Gsglpwdl R Us0001m P 12/15/25 Gs 6.34%
  9. Gsglpwdl R Us0001m P 12/15/25 Gs 6.34%
  10. Gsglpwdl R Us0001m P 12/15/25 Gs 6.34%

Asset Allocation

Weighting Return Low Return High PAADX % Rank
Stocks 		63.25% 0.00% 134.22% 27.15%
Bonds 		41.55% -2.18% 97.64% 13.20%
Other 		1.73% -3.55% 30.21% 16.20%
Convertible Bonds 		0.48% 0.00% 26.75% 45.02%
Preferred Stocks 		0.20% 0.00% 28.13% 36.11%
Cash 		-7.21% -34.22% 89.35% 98.07%

Stock Sector Breakdown

Weighting Return Low Return High PAADX % Rank
Technology 		23.23% 0.00% 48.90% 23.77%
Healthcare 		14.13% 0.00% 36.21% 52.30%
Financial Services 		12.22% 0.00% 100.00% 78.16%
Consumer Cyclical 		12.14% 0.00% 24.29% 33.28%
Communication Services 		9.50% 0.00% 43.64% 45.32%
Industrials 		9.43% 0.00% 35.09% 58.40%
Consumer Defense 		7.68% 0.00% 18.40% 44.58%
Real Estate 		3.39% 0.00% 100.00% 47.10%
Utilities 		3.34% 0.00% 100.00% 32.99%
Basic Materials 		3.20% 0.00% 30.87% 61.37%
Energy 		1.72% 0.00% 90.89% 78.75%

Stock Geographic Breakdown

Weighting Return Low Return High PAADX % Rank
US 		54.58% 0.13% 131.11% 31.20%
Non US 		8.67% 0.00% 33.15% 58.10%

Bond Sector Breakdown

Weighting Return Low Return High PAADX % Rank
Securitized 		37.47% 0.00% 59.07% 8.77%
Corporate 		36.43% 0.00% 99.06% 45.62%
Government 		22.40% 0.00% 99.53% 49.63%
Cash & Equivalents 		3.18% 0.08% 100.00% 87.67%
Derivative 		0.52% 0.00% 32.58% 26.89%
Municipal 		0.00% 0.00% 24.46% 90.19%

Bond Geographic Breakdown

Weighting Return Low Return High PAADX % Rank
US 		37.70% -6.66% 74.69% 13.82%
Non US 		3.85% -7.18% 73.06% 45.77%

PAADX - Expenses

Operational Fees

PAADX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.71% 0.01% 4.93% 59.40%
Management Fee 0.52% 0.00% 1.75% 61.27%
12b-1 Fee N/A 0.00% 1.00% 14.98%
Administrative Fee N/A 0.01% 0.83% N/A

Sales Fees

PAADX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PAADX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

PAADX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 265.00% 0.00% 484.00% 99.24%

PAADX - Distributions

Dividend Yield Analysis

PAADX Category Low Category High PAADX % Rank
Dividend Yield 0.00% 0.00% 8.78% 63.58%

Dividend Distribution Analysis

PAADX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Quarterly

Net Income Ratio Analysis

PAADX Category Low Category High PAADX % Rank
Net Income Ratio 1.64% -0.99% 11.02% 53.00%

Capital Gain Distribution Analysis

PAADX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

PAADX - Fund Manager Analysis

Managers

Robert Schoen

Start Date

Tenure

Tenure Rank

May 30, 2002

18.44

18.4%

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.

James Fetch

Start Date

Tenure

Tenure Rank

Jun 30, 2008

12.35

12.4%

Mr. Fetch 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 responsible for portfolio construction and risk management of GAA portfolios. His work also contributes to Putnam’s Capital Markets Outlook. Mr. Fetch is a portfolio manager of Putnam Dynamic Asset Allocation Funds (Balanced, Conservative, and Growth); Putnam Dynamic Risk Allocation Fund; Putnam Multi-Asset Absolute Return Fund; Putnam Multi-Asset Model Portfolios; Putnam Retirement Advantage Funds; Putnam RetirementReady Funds; Putnam Total Return Fund; and Putnam 529 for America. Mr. Fetch has been in the investment industry since he joined Putnam in 1994. After leaving in 1998 to complete his M.B.A., he rejoined the firm in 2000.

Jason Vaillancourt

Start Date

Tenure

Tenure Rank

Jun 30, 2008

12.35

12.4%

Mr. Vaillancourt is 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 responsible 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. Mr. Vaillancourt is a portfolio manager of Putnam Dynamic Asset Allocation Funds (Balanced, Conservative, and Growth); Putnam Dynamic Risk Allocation Fund; Putnam Multi-Asset Absolute Return Fund; Putnam Multi-Asset Model Portfolios; Putnam Retirement Advantage Funds; Putnam RetirementReady Funds; Putnam Total Return Fund; and Putnam 529 for America. He joined Putnam in 1999 and has been in the investment industry since 1993.

Brett Goldstein

Start Date

Tenure

Tenure Rank

Mar 31, 2019

1.59

1.6%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 36.86 6.09 0.83

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