Morningstar

Putnam Dynamic Asset Allocation Bal A PABAX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 17.41  /  −0.06 %
  • Total Assets 2.1 Bil
  • Adj. Expense Ratio
    0.960%
  • Expense Ratio 0.960%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Moderate Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Status Open
  • TTM Yield 1.69%
  • Turnover 302%

USD | NAV as of Oct 02, 2024 | 1-Day Return as of Oct 02, 2024, 10:24 PM GMT+0

Morningstar’s Analysis PABAX

Will PABAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PABAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PABAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PABAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Dynamic in name and nature.

Analyst Stephen Margaria

Stephen Margaria

Analyst

Summary

Firm veterans oversee Putnam Dynamic Asset Allocation series’ flexible approach, but there are a lot of moving parts, and the team does not demonstrate a clear edge in either tactical allocation or security selection.

by Stephen Margaria
Rated on Published on

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Portfolio Holdings PABAX

More PABAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Gsglpwdl R Sofr P 12/15/25 Gs

4.18 88.1 Mil
—

Apple Inc

3.95 83.2 Mil
Technology

5 Year Treasury Note Future Dec 24

3.94 83.1 Mil
Government

2 Year Treasury Note Future Dec 24

3.57 75.3 Mil
Government

Microsoft Corp

3.52 74.2 Mil
Technology

NVIDIA Corp

3.40 71.6 Mil
Technology

Bcpudeal R Sofr P 08/18/25 Bc

3.02 63.6 Mil
—

10 Year Treasury Note Future Dec 24

2.57 54.2 Mil
Government

Amazon.com Inc

2.21 46.6 Mil
Consumer Cyclical

Ultra US Treasury Bond Future Dec 24

1.94 40.9 Mil
Government

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