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Morningstar

Putnam Dynamic Asset Allocation Cnsrv B PACBX

Morningstar Medalist Rating
Medalist Rating as of | See Putnam Investment Hub
  • NAV / 1-Day Return 9.35  /  0.43 %
  • Total Assets 530.7 Mil
  • Adj. Expense Ratio
    1.730%
  • Expense Ratio 1.730%
  • Distribution Fee Level Low
  • Share Class Type —
  • Category Conservative Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Status Closed
  • TTM Yield 1.14%
  • Turnover 361%

USD | NAV as of Sep 26, 2023 | 1-Day Return as of Sep 26, 2023, 10:21 PM GMT+0

Morningstar’s Analysis PACBX

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

People Pillar

The People Pillar is our evaluation of the PACBX 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 PACBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strengths and weaknesses continue to define this series.

Analyst Stephen Margaria

Stephen Margaria

Analyst

Summary

A seasoned management team executes the Putnam Dynamic Asset Allocation series' flexible approach. However, thin supporting resources, standard quantitative models, and myriad moving parts support a renewed Morningstar Analyst Rating of Neutral for all share classes.

by Stephen Margaria
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PACBX

More PACBX Holdings
  • Current Portfolio Date
  • Equity Holdings 875
  • Bond Holdings 1098
  • Other Holdings 113
  • % Assets in Top 10 Holdings 7.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

US 5 Year Note (CBT) Dec13

7.59
41,485,688
Government

Thai Union Group Public Company Limited Future Dec 23

7.16
39,130,500
—

George Weston Ltd Future Dec 23

3.70
20,197,125
—

Unipolsai SpA Future Dec 23

2.94
16,062,750
—

Apple Inc

2.83
15,478,421
Technology

Federal National Mortgage Association 2.5%

2.58
14,089,415
Securitized

Microsoft Corp

2.47
13,525,344
Technology

Federal National Mortgage Association 2.5%

2.47
13,507,617
Securitized

Gsglpwdl R Sofr P 12/15/25 Gs

2.21
12,097,438
—

Federal National Mortgage Association 6%

1.83
10,026,953
Securitized