PACBX: Putnam Dynamic Asset Allocation Conservative Fund - MutualFunds.com

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PACBX - Snapshot

Vitals

  • YTD Return 6.3%
  • 3 Yr Annualized Return 3.0%
  • 5 Yr Annualized Return 3.7%
  • Net Assets $1.08 B
  • Holdings in Top 10 45.1%

52 WEEK LOW AND HIGH

$11.38
$9.66
$11.44

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.75%

SALES FEES

  • Front Load N/A
  • Deferred Load 5.00%

BROKERAGE FEES

  • Turnover 173.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Apr 03, 2017
  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Compare PACBX to Popular U.S. Conservative/Balanced Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$2.28

+1.79%

$62.50 B

5.36%

$0.12

-2.98%

-

$28.72

-0.17%

$59.47 B

2.74%

$0.79

5.12%

-

$11.01

+0.46%

$16.16 B

4.42%

$0.48

0.27%

-

$15.80

+0.89%

$13.52 B

2.43%

$0.38

4.57%

-

$10.97

+0.64%

$12.08 B

3.71%

$0.40

0.92%

-

PACBX - Profile

Distributions

  • YTD Total Return 6.3%
  • 3 Yr Annualized Total Return 2.1%
  • 5 Yr Annualized Total Return 3.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.31%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Putnam Dynamic Asset Allocation Conservative Fund
  • Fund Family Name
    Putnam
  • Inception Date
    Feb 18, 1994
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Robert Schoen

PACBX - Performance

Return Ranking - Trailing

Period PACBX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.3% -11.1% 33.0% 38.37%
1 Yr 3.8% -14.6% 33.9% 48.34%
3 Yr 3.0%* -2.5% 17.8% 74.67%
5 Yr 3.7%* -3.4% 15.6% 86.19%
10 Yr 4.7%* 2.5% 8.6% 78.35%

* Annualized

Return Ranking - Calendar

Period PACBX Return Category Return Low Category Return High Rank in Category (%)
2019 9.1% -9.5% 22.1% 70.96%
2018 -9.1% -21.7% -2.6% 48.69%
2017 7.2% -7.3% 13.7% 33.33%
2016 2.1% -9.0% 12.8% 70.69%
2015 -6.9% -28.9% 0.3% 64.39%

Total Return Ranking - Trailing

Period PACBX Return Category Return Low Category Return High Rank in Category (%)
YTD 6.3% -11.1% 33.0% 38.37%
1 Yr -1.2% -14.6% 33.9% 73.99%
3 Yr 2.1%* -3.6% 17.8% 79.77%
5 Yr 3.3%* -3.4% 15.6% 86.79%
10 Yr 4.7%* 2.5% 8.6% 75.78%

* Annualized

Total Return Ranking - Calendar

Period PACBX Return Category Return Low Category Return High Rank in Category (%)
2019 9.2% -9.5% 22.1% 70.18%
2018 -5.5% -21.7% -2.0% 39.84%
2017 8.9% -5.9% 16.6% 57.91%
2016 3.9% -5.0% 19.1% 76.73%
2015 -0.5% -15.0% 2.3% 11.11%

NAV & Total Return History


PACBX - Holdings

Concentration Analysis

PACBX Category Low Category High PACBX % Rank
Net Assets 1.08 B 2.21 M 62.5 B 35.42%
Number of Holdings 2029 3 19961 6.15%
Net Assets in Top 10 110 M 1.81 M 11.7 B 64.56%
Weighting of Top 10 45.10% 8.9% 100.0% 60.04%

Top 10 Holdings

  1. E-mini S&P 500 Future Sept 20 13.63%
  2. E-mini S&P 500 Future Sept 20 13.63%
  3. E-mini S&P 500 Future Sept 20 13.63%
  4. E-mini S&P 500 Future Sept 20 13.63%
  5. E-mini S&P 500 Future Sept 20 13.63%
  6. E-mini S&P 500 Future Sept 20 13.63%
  7. E-mini S&P 500 Future Sept 20 13.63%
  8. E-mini S&P 500 Future Sept 20 13.63%
  9. E-mini S&P 500 Future Sept 20 13.63%
  10. E-mini S&P 500 Future Sept 20 13.63%

Asset Allocation

Weighting Return Low Return High PACBX % Rank
Bonds
70.65% 0.00% 241.12% 7.41%
Stocks
33.27% 1.21% 98.16% 73.60%
Other
1.52% -4.81% 37.19% 17.36%
Convertible Bonds
0.64% 0.00% 50.61% 54.79%
Preferred Stocks
0.15% 0.00% 38.29% 50.09%
Cash
-6.22% -181.44% 43.52% 93.13%

Stock Sector Breakdown

Weighting Return Low Return High PACBX % Rank
Technology
23.22% 0.00% 41.08% 9.58%
Healthcare
13.92% 0.00% 21.21% 50.81%
Financial Services
12.25% 4.48% 31.60% 71.61%
Consumer Cyclical
12.08% 0.00% 22.85% 30.02%
Communication Services
9.67% 0.00% 17.60% 20.07%
Industrials
9.41% 0.00% 26.40% 63.29%
Consumer Defense
7.82% 0.00% 21.82% 47.38%
Utilities
3.34% 0.00% 37.83% 49.91%
Real Estate
3.30% 0.00% 51.40% 68.90%
Basic Materials
3.28% 0.00% 26.28% 68.35%
Energy
1.71% 0.00% 21.41% 85.71%

Stock Geographic Breakdown

Weighting Return Low Return High PACBX % Rank
US
29.21% 0.98% 85.51% 44.30%
Non US
4.06% 0.00% 29.30% 80.29%

Bond Sector Breakdown

Weighting Return Low Return High PACBX % Rank
Securitized
37.28% 0.00% 48.95% 5.79%
Corporate
31.41% 0.00% 100.00% 59.49%
Government
27.43% 0.00% 91.51% 33.45%
Cash & Equivalents
3.48% 0.00% 100.00% 82.82%
Derivative
0.40% 0.00% 27.20% 33.82%
Municipal
0.00% 0.00% 100.00% 74.32%

Bond Geographic Breakdown

Weighting Return Low Return High PACBX % Rank
US
65.39% 0.00% 85.41% 5.61%
Non US
5.26% -11.82% 173.71% 64.56%

PACBX - Expenses

Operational Fees

PACBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.75% 0.02% 6.89% 9.68%
Management Fee 0.52% 0.00% 1.39% 65.83%
12b-1 Fee 1.00% 0.00% 1.00% 81.16%
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

PACBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load 5.00% 1.00% 5.50% 4.88%

Trading Fees

PACBX 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.

PACBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 173.00% 0.00% 369.00% 92.42%

PACBX - Distributions

Dividend Yield Analysis

PACBX Category Low Category High PACBX % Rank
Dividend Yield 0.00% 0.00% 4.19% 12.16%

Dividend Distribution Analysis

PACBX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Annually

Net Income Ratio Analysis

PACBX Category Low Category High PACBX % Rank
Net Income Ratio 1.31% -0.41% 6.30% 88.81%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

PACBX - 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.

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.

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.

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 27.15 5.86 0.83