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Morningstar

Putnam Dynamic Asset Allocation Cnsrv Y PACYX

Morningstar Medalist Rating
Medalist Rating as of | See Putnam Investment Hub
  • NAV / 1-Day Return 9.93  /  0.81 %
  • Total Assets 530.2 Mil
  • Adj. Expense Ratio
    0.730%
  • Expense Ratio 0.730%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Conservative Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Status Open
  • TTM Yield 2.20%
  • Turnover 456%

USD | NAV as of Dec 01, 2023 | 1-Day Return as of Dec 01, 2023, 11:24 PM GMT+0

Morningstar’s Analysis PACYX

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

People Pillar

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

The Parent Pillar is our rating of PACYX’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 PACYX

More PACYX Holdings
  • Current Portfolio Date
  • Equity Holdings 868
  • Bond Holdings 1072
  • Other Holdings 101
  • % Assets in Top 10 Holdings 16.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Dec 23

8.36
42,306,172
Government

5 Year Treasury Note Future Dec 23

8.01
40,536,906
Government

10 Year Treasury Note Future Dec 23

5.18
26,224,453
Government

Ultra US Treasury Bond Future Dec 23

3.16
15,983,875
Government

US Treasury Bond Future Dec 23

2.79
14,117,438
Government

Apple Inc

2.76
13,972,401
Technology

Federal National Mortgage Association 2.5%

2.73
13,793,204
Securitized

Microsoft Corp

2.72
13,776,630
Technology

Gsglpwdl R Sofr P 12/15/25 Gs

2.21
11,159,910
—

Federal National Mortgage Association 2.5%

2.07
10,451,719
Securitized