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    Putnam Dynamic Asset Allocation Bal A (PABAX)

    14.95 Up 0.07(0.47%) May 1

    Profile as of Mar 30, 2015Get Profile for:
    Putnam Dynamic Asset Allocation Bal A
    Putnam Asset Allocation FundsOne Post Office SquareBoston, MA 2109
    Phone: 800-225-1581
    Fund Overview 
    Category:Moderate Allocation
    Fund Family:Putnam
    Net Assets:1.75B
    Year-to-Date Return:2.99%
    Morningstar Rating:3 stars
    Fund Inception Date:Feb 7, 1994
    Morningstar Style Box 
    Moderate Allocation
    [View Category Definition]
    View Top Moderate Allocation Funds
    About the Morningstar Style Box
    Management Information 
    Jeffrey L. Knight
    Lead Manager since May 30, 2002
    Knight is a Managing Director, Head of Investments, and Chief Investment Officer of Putnam’s Global Asset Allocation team. In this role, he oversees the team’s institutional and individual portfolios and the asset allocation investment process for Putnam’s multi-asset-class portfolios. Mr. Knight is a Portfolio Member of The George Putnam Fund of Boston. Mr. Knight joined Putnam in 1993 as Vice President, Senior Quantitative Analyst, in the GAA Group. A founding member of the team, he was instrumental in the development and implementation of the group’s quantitative models and methodologies. Mr. Knight authors Putnam’s Capital Markets Outlook and is a member of Putnam’s Advisory Council.
    Investment Information 
    Min Initial Investment:0
    Min Initial Investment, IRA:N/A
    Min Initial Investment, AIP:N/A
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    PABAX can be purchased from 136 brokerages.

    Fund Summary 
    The investment seeks total return. The fund allocates 45% to 75% of its assets in equities and 25% to 55% in debt securities. It invests mainly in equity securities (growth or value stocks or both) of 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).

    Fund Operations 
    Last Dividend (Mar 17, 2015) : 0.05
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Apr 29, 2015) : 351.00%
    Average for Category:52.92%
    Fees & Expenses 
    ExpensePABAXCategory Avg
    Annual Report Expense Ratio (net):0.99%0.92%
    Prospectus Net Expense Ratio:1.00%N/A
    Prospectus Gross Expense Ratio:1.00%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:5.75%5.22%
    Max Deferred Sales Load: N/A2.35%
    3 Yr Expense Projection*:875568
    5 Yr Expense Projection*:1,096872
    10 Yr Expense Projection*:1,7291,737
    * Per $10,000 invested