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Putnam Dynamic Asset Allocation Cnsrv A (PACAX)

11.19 Down 0.01(0.09%) Sep 17

Profile as of Aug 30, 2014Get Profile for:
Putnam Dynamic Asset Allocation Cnsrv A
One Post Office SquareBoston MA 02109
Phone: 800-225-1581
Fund Overview 
Category:Conservative Allocation
Fund Family:Putnam
Net Assets:605.29M
Year-to-Date Return:6.59%
Morningstar Rating:3 stars
Fund Inception Date:Feb 7, 1994
Morningstar Style Box 
Conservative Allocation
[View Category Definition]
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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
PACAX can be purchased from 127 brokerages.

Fund Summary 
The investment seeks total return consistent with preservation of capital. The fund allocates 15% to 45% of its assets in equities and 55% to 85% 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, to a lesser extent, in fixed-income investments, including U.S. and foreign government obligations, corporate obligations and secularized debt instruments. It may use to a significant extent derivatives, such as futures, options, certain foreign currency transactions, warrants and swap contracts, for both hedging and non-hedging purposes.

Fund Operations 
Last Dividend (Aug 17, 2014) : 0.02
Last Cap Gain : 0.00
Annual Holdings Turnover (Sep 16, 2014) : 305.00%
Average for Category:39.39%
Fees & Expenses 
ExpensePACAXCategory Avg
Annual Report Expense Ratio (net):1.05%0.84%
Prospectus Net Expense Ratio:1.05%N/A
Prospectus Gross Expense Ratio:1.05%N/A
Max 12b1 Fee:0.25%N/A
Max Front End Sales Load:5.75%4.92%
Max Deferred Sales Load: N/A2.39%
3 Yr Expense Projection*:890572
5 Yr Expense Projection*:1,121888
10 Yr Expense Projection*:1,7841,792
* Per $10,000 invested