PACAX - Putnam Dynamic Asset Allocation Cnsrv A

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Putnam Dynamic Asset Allocation Cnsrv A

Putnam Asset Allocation FundsOne Post Office SquareBoston, MA 2109
Management Information
Robert J. Schoen,Lead Manager since May 29, 2002
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.
Morningstar Style Box
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Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryTactical Allocation
Fund FamilyPutnam
Net Assets1.14B
YTD Return9.72%
Morningstar Rating★★★★
Inception DateFeb 6, 1994

Fund Operations

Last Dividend0.02
Last Cap Gain0.00
Holdings Turnover327.00%
Average for CategoryN/A

Fees & Expenses

ExpensePACAXCategory Average
Annual Report Expense Ratio (net)1.01%1.38%
Prospectus Net Expense Ratio1.04%N/A
Prospectus Gross Expense Ratio1.04%N/A
Max 12b1 Fee0.25%N/A
Max Front End Sales Load5.75%4.89%
Max Deferred Sales LoadN/A1.38%
3 Yr Expense Projection887N/A
5 Yr Expense Projection1,116N/A
10 Yr Expense Projection1,773N/A