PABYX: Putnam Dynamic Asset Allocation Bal Y

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PABYX Putnam Dynamic Asset Allocation Bal Y


Profile

PABYX - Profile

Vitals

  • YTD Return 2.8%
  • 3 Yr Annualized Return 2.1%
  • 5 Yr Annualized Return 0.8%
  • Net Assets $2.78 B
  • Holdings in Top 10 41.5%

52 WEEK LOW AND HIGH

$15.53
$14.00
$15.53

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.72%

SALES FEES

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

BROKERAGE FEES

  • Turnover 137.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--50% to 70% Equity

Distributions

  • YTD Total Return 2.8%
  • 3 Yr Annualized Total Return 6.8%
  • 5 Yr Annualized Total Return 6.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.17%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Putnam Dynamic Asset Allocation Balanced Fund
  • Fund Family Name
    Putnam
  • Inception Date
    Jul 05, 1994
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • 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).


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Categories

Performance

PABYX - Performance

Return Ranking - Trailing

Period PABYX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.8% -18.3% 9.4% 26.03%
1 Yr 9.5% -48.7% 27.2% 26.02%
3 Yr 2.1%* -37.6% 12.4% 43.02%
5 Yr 0.8%* -39.4% 10.9% 40.55%
10 Yr 4.4%* -38.6% 17.3% 31.67%

* Annualized

Return Ranking - Calendar

Period PABYX Return Category Return Low Category Return High Rank in Category (%)
2019 15.2% -50.4% 46.8% 21.57%
2018 -14.5% -31.8% 19.0% 87.71%
2017 8.4% -44.7% 46.3% 25.91%
2016 4.2% -84.5% 146.1% 41.07%
2015 -6.3% -40.7% 14.6% 57.20%

Total Return Ranking - Trailing

Period PABYX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.8% -18.3% 9.4% 26.03%
1 Yr 9.5% -48.7% 27.2% 26.02%
3 Yr 6.8%* -37.6% 12.4% 17.12%
5 Yr 6.5%* -39.4% 10.9% 7.12%
10 Yr 9.2%* -38.6% 18.2% 7.24%

* Annualized

Total Return Ranking - Calendar

Period PABYX Return Category Return Low Category Return High Rank in Category (%)
2019 15.2% -50.4% 46.8% 22.11%
2018 -8.0% -27.4% 19.0% 63.68%
2017 15.5% -44.7% 46.3% 7.42%
2016 7.0% -84.5% 146.1% 33.80%
2015 4.6% -36.9% 14.6% 2.06%

NAV & Total Return History


Holdings

PABYX - Holdings

Concentration Analysis

PABYX Category Low Category High PABYX % Rank
Net Assets 2.78 B 178 K 161 B 17.51%
Number of Holdings 1831 2 13691 6.52%
Net Assets in Top 10 443 M -39.4 M 33.7 B 29.23%
Weighting of Top 10 41.50% 9.4% 371.8% 49.84%

Top 10 Holdings

  1. Gsglpwdl R Us0001m P 12/15/20 Gs 6.12%
  2. Gsglpwds P Us0001m R 12/15/20 Gs 5.69%
  3. 2 Year Treasury Note Future Mar 20 5.21%
  4. 5 Year Treasury Note Future Mar 20 4.82%
  5. E-mini S&P 500 Future Mar 20 4.34%
  6. E-mini Russell 2000 Index Future Mar 20 4.08%
  7. Cgputql2 R Us0003m P 11/25/20 Ci 3.16%
  8. Government National Mortgage Association 3.5% 2.82%
  9. Ru10intr P Us0003m R 11/25/20 Ci 2.74%
  10. Apple Inc 2.52%

Asset Allocation

Weighting Return Low Return High PABYX % Rank
Stocks
58.96% -41.01% 79.55% 29.65%
Bonds
45.05% -3.79% 79.18% 43.43%
Other
0.92% -41.44% 154.72% 26.39%
Convertible Bonds
0.30% -0.84% 71.85% 53.21%
Preferred Stocks
0.02% 0.00% 44.10% 55.31%
Cash
-5.25% -102.09% 77.18% 96.64%

Stock Sector Breakdown

Weighting Return Low Return High PABYX % Rank
Technology
19.49% 0.00% 72.78% 24.32%
Financial Services
14.89% 0.00% 67.69% 70.65%
Healthcare
13.20% 0.00% 61.80% 54.87%
Industrials
10.52% 0.00% 99.44% 45.78%
Consumer Cyclical
10.13% 0.00% 32.07% 36.14%
Communication Services
9.24% 0.00% 32.16% 28.37%
Consumer Defense
8.25% 0.00% 25.21% 27.49%
Real Estate
4.37% -2.05% 100.00% 45.45%
Energy
3.78% 0.00% 100.00% 72.73%
Utilities
3.58% 0.00% 100.00% 42.06%
Basic Materials
2.55% 0.00% 100.00% 64.62%

Stock Geographic Breakdown

Weighting Return Low Return High PABYX % Rank
US
48.87% -41.02% 77.06% 37.54%
Non US
10.09% -2.63% 32.14% 18.30%

Bond Sector Breakdown

Weighting Return Low Return High PABYX % Rank
Government
31.98% -0.45% 93.76% 32.60%
Corporate
31.32% 0.00% 100.00% 51.42%
Securitized
26.16% 0.00% 59.50% 27.55%
Cash & Equivalents
10.28% -3.87% 100.00% 51.10%
Derivative
0.26% -3.25% 64.96% 25.97%
Municipal
0.00% 0.00% 99.77% 78.13%

Bond Geographic Breakdown

Weighting Return Low Return High PABYX % Rank
US
40.90% -5.05% 84.24% 43.32%
Non US
4.15% -12.68% 26.09% 36.70%

Expenses

PABYX - Expenses

Operational Fees

PABYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.72% 0.02% 5.91% 70.24%
Management Fee 0.52% 0.00% 2.00% 45.47%
12b-1 Fee 0.00% 0.00% 1.00% 9.52%
Administrative Fee N/A 0.01% 0.83% N/A

Sales Fees

PABYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

PABYX 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.

PABYX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 137.00% 0.00% 1504.00% 81.08%

Distributions

PABYX - Distributions

Dividend Yield Analysis

PABYX Category Low Category High PABYX % Rank
Dividend Yield 0.47% 0.00% 9.25% 20.82%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

PABYX Category Low Category High PABYX % Rank
Net Income Ratio 2.17% -4.40% 6.65% 34.90%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

PABYX - Fund Manager Analysis

Managers

Robert Schoen


Start Date

Tenure

Tenure Rank

May 30, 2002

17.68

17.7%

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.

Jason Vaillancourt


Start Date

Tenure

Tenure Rank

Jun 30, 2008

11.59

11.6%

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.

James Fetch


Start Date

Tenure

Tenure Rank

Jun 30, 2008

11.59

11.6%

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.

Brett Goldstein


Start Date

Tenure

Tenure Rank

Mar 31, 2019

0.84

0.8%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 36.11 6.63 0.08