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Putnam Dynamic Asset Allocation Cnsrv Y PACYX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
12.07  /  0.33 %
Total Assets
1.1 Bil
Adj. Expense Ratio
0.740%
Expense Ratio
0.740%
Fee Level
Average
Longest Manager Tenure
19.16 years
Category
Allocation--30% to 50% Equity
Investment Style
Large Blend
Credit Quality / Interest Rate Sensitivity
—
Status
Open
TTM Yield
1.61%
Turnover
395%

USD | NAV as of Jul 23, 2021 | 1-Day Return as of Jul 23, 2021, 9:47 PM GMT+00:00

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Morningstar’s Analysis

Will PACYX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

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The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PACYX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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The People Pillar is our evaluation of the PACYX 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

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The Parent Pillar is our rating of PACYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Two Manager Promotions Do Not Affect the Ratings of Putnam's Dynamic Asset Allocation Funds

Analyst

Analyst Note

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On June 28, 2021, Putnam announced the promotion of Brett Goldstein to co-chief investment officer of the firm's Global Asset Allocation, or GAA, team, effective June 30, 2021. At the same time, Adrian Chan will be added as a named portfolio manager on funds managed by the GAA team, including the Dynamic Asset Allocation funds. The Dynamic Asset Allocation series retains an Average People rating, supporting a continued Morningstar Analyst Rating of Neutral.

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