The managers running Putnam Dynamic Asset Allocation series made some improvements to the underlying fund lineup in 2020, but the team remains slim given the flexible mandate. The series retains a Morningstar Analyst Rating of Neutral for all share classes.
Putnam Dynamic Asset Allocation Bal B PABBX
NAV / 1-Day Return
17.41
/
0.29
%
Total Assets
2.7 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.710%
Expense Ratio
1.710%
Fee Level
Below Average
Longest Manager Tenure
18.87
years
Category
Allocation--50% to 70% Equity
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
—Status
Closed
TTM Yield
0.45%
Turnover
265%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will PABBX 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 PABBX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PABBX 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 PABBX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This series’ ambitious approach doesn’t stand out.
