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Morningstar

Putnam Dynamic Asset Allocation Cnsrv A PACAX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 10.71  /  +0.66 %
  • Total Assets 555.7 Mil
  • Adj. Expense Ratio
    1.030%
  • Expense Ratio 1.030%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Conservative Allocation
  • Investment Style Large Growth
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Status Open
  • TTM Yield 2.30%
  • Turnover 456%

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 11:48 PM GMT+0

Morningstar’s Analysis PACAX

Will PACAX 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 PACAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PACAX 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 PACAX’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
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Portfolio Holdings PACAX

More PACAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

5 Year Treasury Note Future Sept 24

7.69 42.7 Mil
Government

2 Year Treasury Note Future Sept 24

7.65 42.5 Mil
Government

10 Year Treasury Note Future Sept 24

5.34 29.7 Mil
Government

Ultra US Treasury Bond Future Sept 24

3.43 19.1 Mil
Government

US Treasury Bond Future Sept 24

3.05 16.9 Mil
Government

Microsoft Corp

2.74 15.2 Mil
Technology

Apple Inc

2.69 15.0 Mil
Technology

NVIDIA Corp

2.58 14.3 Mil
Technology

Federal National Mortgage Association 2.5%

2.50 13.9 Mil
Securitized

Gsglpwdl R Sofr P 12/15/25 Gs

2.22 12.3 Mil
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