Putnam Dynamic Asset Allocation Bal R5
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
10.2%
1 yr return
19.0%
3 Yr Avg Return
9.0%
5 Yr Avg Return
9.7%
Net Assets
$2.73 B
Holdings in Top 10
44.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.71%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 265.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Allocation--50% to 70% Equity
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
PAADX - Profile
Distributions
- YTD Total Return 10.2%
- 3 Yr Annualized Total Return 9.0%
- 5 Yr Annualized Total Return 9.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.64%
- Dividend Yield 1.2%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NamePutnam Dynamic Asset Allocation Balanced Fund
-
Fund Family NamePutnam
-
Inception DateJul 02, 2012
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerRobert 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 | 10.2% | -3.4% | 108.5% | 45.50% |
| 1 Yr | 19.0% | -5.2% | 66.4% | 46.83% |
| 3 Yr | 9.0%* | -3.2% | 18.7% | 67.01% |
| 5 Yr | 9.7%* | 0.6% | 16.2% | 49.69% |
| 10 Yr | 10.4%* | 2.6% | 14.3% | 34.38% |
* Annualized
Return Ranking - Calendar
| Period | PAADX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 10.1% | -39.0% | 28.7% | 24.39% |
| 2019 | 15.2% | -13.1% | 26.1% | 35.61% |
| 2018 | -14.5% | -32.7% | 0.0% | 74.49% |
| 2017 | 8.5% | -6.5% | 22.4% | 47.64% |
| 2016 | 4.1% | -43.7% | 18.6% | 44.43% |
Total Return Ranking - Trailing
| Period | PAADX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 10.2% | -3.4% | 108.5% | 45.63% |
| 1 Yr | 19.0% | -5.2% | 66.4% | 41.21% |
| 3 Yr | 9.0%* | -3.2% | 18.7% | 55.40% |
| 5 Yr | 9.7%* | -0.5% | 16.2% | 40.90% |
| 10 Yr | 10.4%* | 1.9% | 14.3% | 31.65% |
* Annualized
Total Return Ranking - Calendar
| Period | PAADX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 10.1% | -39.0% | 28.7% | 24.39% |
| 2019 | 15.2% | -13.1% | 26.1% | 35.61% |
| 2018 | -7.0% | -32.7% | 0.8% | 35.05% |
| 2017 | 15.5% | -3.7% | 31.9% | 15.49% |
| 2016 | 7.0% | -43.7% | 19.8% | 33.28% |
NAV & Total Return History
PAADX - Holdings
Concentration Analysis
| PAADX | Category Low | Category High | PAADX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.73 B | 50 | 209 B | 26.98% |
| Number of Holdings | 2064 | 1 | 15392 | 4.13% |
| Net Assets in Top 10 | -197 M | -197 M | 53.4 B | 99.88% |
| Weighting of Top 10 | 44.70% | 8.5% | 100.0% | 47.76% |
Top 10 Holdings
- E-mini S&P 500 Future Sept 21 15.39%
- E-mini S&P 500 Future Sept 21 15.39%
- E-mini S&P 500 Future Sept 21 15.39%
- E-mini S&P 500 Future Sept 21 15.39%
- E-mini S&P 500 Future Sept 21 15.39%
- E-mini S&P 500 Future Sept 21 15.39%
- E-mini S&P 500 Future Sept 21 15.39%
- E-mini S&P 500 Future Sept 21 15.39%
- E-mini S&P 500 Future Sept 21 15.39%
- E-mini S&P 500 Future Sept 21 15.39%
Asset Allocation
| Weighting | Return Low | Return High | PAADX % Rank | |
|---|---|---|---|---|
| Stocks | 57.93% | 0.00% | 135.66% | 72.17% |
| Bonds | 30.45% | 0.00% | 118.02% | 55.19% |
| Cash | 8.07% | -54.99% | 100.00% | 15.23% |
| Other | 2.74% | -6.69% | 91.23% | 10.63% |
| Convertible Bonds | 0.60% | 0.00% | 26.51% | 40.85% |
| Preferred Stocks | 0.21% | 0.00% | 21.17% | 38.96% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PAADX % Rank | |
|---|---|---|---|---|
| Technology | 22.85% | 0.00% | 55.61% | 20.28% |
| Financial Services | 14.09% | 0.00% | 56.11% | 65.95% |
| Healthcare | 13.83% | 0.00% | 52.26% | 30.49% |
| Consumer Cyclical | 12.19% | 0.00% | 39.16% | 30.37% |
| Communication Services | 9.82% | 0.00% | 28.34% | 31.91% |
| Industrials | 9.15% | 0.00% | 33.21% | 68.56% |
| Consumer Defense | 6.18% | 0.00% | 27.35% | 57.53% |
| Basic Materials | 3.26% | 0.00% | 34.29% | 67.26% |
| Real Estate | 3.06% | 0.00% | 99.15% | 54.80% |
| Energy | 3.06% | 0.00% | 59.30% | 50.77% |
| Utilities | 2.53% | 0.00% | 99.35% | 55.16% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PAADX % Rank | |
|---|---|---|---|---|
| US | 46.30% | 0.00% | 134.30% | 61.87% |
| Non US | 11.63% | 0.00% | 36.57% | 47.34% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | PAADX % Rank | |
|---|---|---|---|---|
| Securitized | 35.38% | 0.00% | 90.03% | 6.97% |
| Corporate | 29.92% | 0.00% | 99.51% | 63.71% |
| Government | 17.49% | 0.00% | 100.00% | 70.69% |
| Cash & Equivalents | 16.52% | 0.00% | 100.00% | 28.84% |
| Derivative | 0.68% | 0.00% | 32.65% | 25.18% |
| Municipal | 0.02% | 0.00% | 98.19% | 66.67% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | PAADX % Rank | |
|---|---|---|---|---|
| US | 26.85% | 0.00% | 65.18% | 49.94% |
| Non US | 3.60% | -34.42% | 95.28% | 55.73% |
PAADX - Expenses
Operational Fees
| PAADX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.71% | 0.06% | 5.49% | 71.73% |
| Management Fee | 0.52% | 0.00% | 2.00% | 59.59% |
| 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 | 0.00% | 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% | 435.00% | 99.41% |
PAADX - Distributions
Dividend Yield Analysis
| PAADX | Category Low | Category High | PAADX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.16% | 0.00% | 2.99% | 68.18% |
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% | -2.06% | 11.02% | 34.39% |
Capital Gain Distribution Analysis
| PAADX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Mar 20, 2019 | $0.074 |
| Sep 20, 2018 | $0.075 |
| Jun 20, 2018 | $0.072 |
| Mar 20, 2018 | $0.066 |
| Sep 20, 2017 | $0.066 |
| Jun 20, 2017 | $0.057 |
| Mar 20, 2017 | $0.063 |
| Sep 20, 2016 | $0.063 |
| Jun 20, 2016 | $0.062 |
| Mar 21, 2016 | $0.064 |
| Sep 21, 2015 | $0.062 |
| Jun 22, 2015 | $0.063 |
| Mar 20, 2015 | $0.062 |
| Sep 22, 2014 | $0.061 |
| Jun 20, 2014 | $0.050 |
| Mar 20, 2014 | $0.058 |
| Dec 20, 2013 | $0.059 |
| Sep 20, 2013 | $0.057 |
| Jun 20, 2013 | $0.057 |
| Mar 20, 2013 | $0.056 |
| Dec 20, 2012 | $0.056 |
| Sep 20, 2012 | $0.054 |
PAADX - Fund Manager Analysis
Managers
Robert Schoen
Start Date
Tenure
Tenure Rank
May 30, 2002
19.35
19.4%
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
13.26
13.3%
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
13.26
13.3%
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
2.5
2.5%
Adrian Chan
Start Date
Tenure
Tenure Rank
Jun 30, 2021
0.25
0.3%
Mr. Chan is a Portfolio Manager in the Global Asset Allocation group. He joined Putnam in 2003 and first served in the investment industry from 2003 to 2006. After leaving to complete his M.B.A., Mr. Chan rejoined the industry full-time in 2008. Previously at Putnam, Mr. Chan served as an Investment Associate from 2003 to 2006, a Summer Intern in 2007, and an Analyst from 2008 to 2015. Mr. Chan earned an M.B.A. from The Wharton School at the University of Pennsylvania and an A.B. from Harvard University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 37.78 | 6.29 | 1.75 |