Morningstar

Franklin Dynamic Asset Allocation Growth Fund Class P PUDAAGP

Medalist Rating as of Apr 27, 2026 See Franklin Templeton Investment Hub

Strategy

The investment seeks capital appreciation. The fund allocates 65% to 95% of its assets in equities and 5% to 35% in fixed income securities. It invests mainly in equity securities (growth or value stocks or both) of both U.S. and foreign companies of any size. The fund also invests, to a lesser extent, in fixed-income investments, including U.S. and foreign government obligations, corporate obligations and securitized debt instruments (such as mortgage-backed investments).

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PUDAAGP	Franklin Dynamic Asset Allocation Growth Fund Class P	No Load	Closed			Aug 31, 2016	$1.03B	0.630%	Below Average	$0	$863.02M
PAGYX	Franklin Dynamic Asset Allocation Growth Fund Class Y	Institutional	Open			Jul 14, 1994	$544.87M	0.730%	Average	$0	$100.08M
PAEAX	Franklin Dynamic Asset Allocation Growth Fund Class A	Front Load	Open			Feb 8, 1994	$2.06B	0.980%	Below Average	$0	−$166.13M
PAECX	Franklin Dynamic Asset Allocation Growth Fund Class C	Level Load	Open			Sep 1, 1994	$112.44M	1.730%	Average	$0	−$20.29M
PADEX	Franklin Dynamic Asset Allocation Growth Fund Class R5	Retirement, Large	Open			Jul 2, 2012	$117,313.00	0.770%	Above Average	$0	$35,858.43
PAEEX	Franklin Dynamic Asset Allocation Growth Fund Class R6	Retirement, Large	Open			Jul 2, 2012	$435.52M	0.670%	Average	$0	−$6.95M
PASRX	Franklin Dynamic Asset Allocation Growth Fund Class R	Retirement, Medium	Open			Jan 21, 2003	$22.66M	1.230%	Average	$0	$5.25M

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