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Name

As of 11/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Putnam Dynamic Asset Allocation Conservative Fund

PACDX | Fund

$11.03

$571 M

2.62%

$0.29

0.75%

Vitals

YTD Return

10.2%

1 yr return

15.9%

3 Yr Avg Return

1.6%

5 Yr Avg Return

4.4%

Net Assets

$571 M

Holdings in Top 10

59.7%

52 WEEK LOW AND HIGH

$11.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.75%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 380.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 11/19/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Putnam Dynamic Asset Allocation Conservative Fund

PACDX | Fund

$11.03

$571 M

2.62%

$0.29

0.75%

PACDX - Profile

Distributions

  • YTD Total Return 10.2%
  • 3 Yr Annualized Total Return 1.6%
  • 5 Yr Annualized Total Return 4.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.49%
DIVIDENDS
  • Dividend Yield 2.6%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    Putnam Dynamic Asset Allocation Conservative Fund
  • Fund Family Name
    Putnam Family of Funds
  • Inception Date
    Jul 02, 2012
  • Shares Outstanding
    N/A
  • Share Class
    R5
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Robert Schoen

Fund Description

Investments

The fund is one of three Putnam Dynamic Asset Allocation Funds, each of which has a unique strategic, or typical, allocation between equity and fixed-income investments. Using qualitative analysis and quantitative techniques, we adjust portfolio allocations from time to time within a certain range for each fund to try to optimize a fund’s performance consistent with its goal. The strategic allocation and the range of allowable allocation for the fund are shown below.

Class Strategic Allocation Range
Equity 30% 15-45%
Fixed Income 70% 55-85%

We invest mainly in fixed-income investments, including U.S. and foreign government obligations, corporate obligations and securitized debt instruments (such as mortgage-backed investments). We may consider, among other factors, credit, interest rate and prepayment risks, as well as general market conditions, when deciding whether to buy or sell fixed-income investments. We also invest, to a lesser extent, in equity securities (growth or value stocks or both) of U.S. and foreign companies of any size. We may consider, among other factors, a company’s valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell equity investments. We may also select other investments that do not fall within these asset classes. We typically use to a significant extent derivatives, such as futures, options, certain foreign currency transactions, warrants and interest rate and total return swap contracts, for both hedging and non-hedging purposes.

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PACDX - Performance

Return Ranking - Trailing

Period PACDX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.2% 3.9% 18.2% 18.14%
1 Yr 15.9% 8.0% 24.9% 16.18%
3 Yr 1.6%* -15.6% 5.3% 34.33%
5 Yr 4.4%* -0.8% 8.1% 55.41%
10 Yr 4.3%* 1.2% 7.5% 47.54%

* Annualized

Return Ranking - Calendar

Period PACDX Return Category Return Low Category Return High Rank in Category (%)
2023 8.8% -1.0% 27.4% 12.50%
2022 -19.4% -35.0% -7.4% 82.13%
2021 1.3% -11.5% 14.6% 56.23%
2020 5.8% -10.3% 40.7% 39.89%
2019 9.2% -9.5% 22.1% 65.93%

Total Return Ranking - Trailing

Period PACDX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.2% 3.9% 18.2% 18.14%
1 Yr 15.9% 8.0% 24.9% 16.18%
3 Yr 1.6%* -15.6% 5.3% 34.33%
5 Yr 4.4%* -0.8% 8.1% 55.41%
10 Yr 4.3%* 1.2% 7.5% 47.54%

* Annualized

Total Return Ranking - Calendar

Period PACDX Return Category Return Low Category Return High Rank in Category (%)
2023 11.6% 2.6% 28.2% 19.12%
2022 -14.6% -35.0% -3.1% 77.67%
2021 5.7% -11.5% 32.0% 83.21%
2020 10.3% -5.4% 40.7% 36.39%
2019 12.2% 4.5% 27.7% 89.47%

NAV & Total Return History

PACDX - Holdings

Concentration Analysis

PACDX Category Low Category High PACDX % Rank
Net Assets 571 M 305 K 50.8 B 49.39%
Number of Holdings 2067 2 4065 3.18%
Net Assets in Top 10 332 M 284 K 10.3 B 43.77%
Weighting of Top 10 59.69% 9.7% 111.4% 67.48%

Top 10 Holdings

  1. EQUITY INDEX FUTURE 16.55%
  2. GOVERNMENT FUTURES 8.04%
  3. GOVERNMENT FUTURES 7.65%
  4. GOVERNMENT FUTURES 5.35%
  5. SHORT TERM INV FUND 5.31%
  6. EQUITY INDEX FUTURE 4.83%
  7. GOVERNMENT FUTURES 3.50%
  8. GOVERNMENT FUTURES 3.05%
  9. COMMON STOCK 2.74%
  10. COMMON STOCK 2.69%

Asset Allocation

Weighting Return Low Return High PACDX % Rank
Other 		61.72% -0.45% 61.72% 0.98%
Bonds 		57.27% 0.00% 79.72% 9.54%
Stocks 		51.59% 0.00% 100.08% 66.50%
Cash 		5.87% -35.68% 25.19% 18.58%
Convertible Bonds 		0.95% 0.00% 71.77% 47.65%
Preferred Stocks 		0.13% 0.00% 21.95% 18.34%

Stock Sector Breakdown

Weighting Return Low Return High PACDX % Rank
Technology 		22.06% 0.22% 27.92% 13.43%
Healthcare 		14.32% 0.00% 24.25% 20.40%
Financial Services 		13.24% 0.00% 83.50% 81.59%
Consumer Cyclical 		10.39% 0.00% 14.20% 42.79%
Industrials 		9.68% 0.14% 17.90% 57.96%
Consumer Defense 		7.41% 0.00% 18.62% 41.54%
Communication Services 		7.09% 0.00% 11.11% 43.03%
Energy 		5.27% 0.00% 62.93% 48.76%
Basic Materials 		4.13% 0.00% 32.82% 55.22%
Real Estate 		3.51% 0.00% 43.16% 72.89%
Utilities 		2.91% 0.00% 48.33% 66.67%

Stock Geographic Breakdown

Weighting Return Low Return High PACDX % Rank
US 		42.65% 0.00% 100.08% 69.93%
Non US 		8.95% 0.00% 23.24% 9.29%

Bond Sector Breakdown

Weighting Return Low Return High PACDX % Rank
Derivative 		61.72% -0.45% 61.72% 0.98%
Securitized 		38.37% 0.00% 52.08% 3.95%
Government 		30.44% 0.00% 63.33% 43.95%
Corporate 		27.97% 0.00% 96.66% 59.01%
Cash & Equivalents 		5.87% 0.00% 25.19% 14.67%
Municipal 		0.00% 0.00% 99.85% 96.79%

Bond Geographic Breakdown

Weighting Return Low Return High PACDX % Rank
US 		57.01% 0.00% 79.72% 9.54%
Non US 		0.26% 0.00% 7.66% 22.00%

PACDX - Expenses

Operational Fees

PACDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.75% 0.06% 21.26% 64.79%
Management Fee 0.52% 0.00% 1.25% 74.51%
12b-1 Fee N/A 0.00% 1.00% 16.54%
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

PACDX 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% 5.00% N/A

Trading Fees

PACDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 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.

PACDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 380.00% 2.00% 380.00% 99.47%

PACDX - Distributions

Dividend Yield Analysis

PACDX Category Low Category High PACDX % Rank
Dividend Yield 2.62% 0.00% 7.99% 69.68%

Dividend Distribution Analysis

PACDX Category Low Category High Category Mod
Dividend Distribution Frequency None Annual Monthly Annual

Net Income Ratio Analysis

PACDX Category Low Category High PACDX % Rank
Net Income Ratio 1.49% -1.22% 6.83% 61.54%

Capital Gain Distribution Analysis

PACDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Distributions History

View More +

PACDX - Fund Manager Analysis

Managers

Robert Schoen

Start Date

Tenure

Tenure Rank

May 30, 2002

20.02

20.0%

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

13.93

13.9%

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

3.17

3.2%

Co-Chief Investment Officer, Global Asset Allocation. Previously, Portfolio Manager and Analyst.

Adrian Chan

Start Date

Tenure

Tenure Rank

Jun 30, 2021

0.92

0.9%

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
0.09 28.73 6.38 2.41

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