Putnam Dynamic Asset Allocation Conservative Fund (PACAX)
The investment seeks total return consistent with preservation of capital. The fund allocates 15% to 45% of its assets in equities and 55% to 85% in fixed income securities. It invests mainly in fixed-income investments, including U.S. and foreign government obligations, corporate obligations and securitized debt instruments. The fund also invests, to a lesser extent, in equity securities (growth or value stocks or both) of U.S. and foreign companies of any size.
Fund Info
US7464445045
746444504
Feb 6, 1994
$0
Large-Cap
Blend
Expense Ratio
PACAX has a high expense ratio of 0.98%, indicating above-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
Loading data...
Returns By Period
Putnam Dynamic Asset Allocation Conservative Fund (PACAX) returned 2.49% year-to-date (YTD) and 8.40% over the past 12 months. Over the past 10 years, PACAX returned 4.00% annually, underperforming the S&P 500 benchmark at 10.85%.
PACAX
2.49%
1.61%
0.82%
8.40%
5.51%
4.17%
4.00%
^GSPC (Benchmark)
0.51%
6.15%
-2.00%
12.92%
12.68%
14.19%
10.85%
Monthly Returns
The table below presents the monthly returns of PACAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.53% | 0.95% | -1.88% | 0.41% | 1.51% | 2.49% | |||||||
| 2024 | 0.81% | 1.10% | 2.15% | -2.73% | 2.76% | 1.55% | 1.90% | 1.97% | 1.29% | -2.06% | 2.69% | -2.08% | 9.53% |
| 2023 | 3.78% | -2.00% | 1.86% | 0.69% | -0.64% | 1.54% | 0.90% | -0.83% | -2.70% | -1.61% | 5.81% | 4.21% | 11.15% |
| 2022 | -2.90% | -1.57% | -1.05% | -5.18% | 0.51% | -4.58% | 4.06% | -2.59% | -5.45% | 1.21% | 4.01% | -1.66% | -14.68% |
| 2021 | -0.58% | -0.06% | 0.47% | 2.04% | 0.89% | 1.56% | 0.95% | 0.86% | -2.13% | 1.21% | -0.56% | 0.93% | 5.64% |
| 2020 | 1.00% | -1.48% | -4.83% | 4.49% | 1.96% | 1.28% | 2.73% | 1.19% | -1.28% | -1.48% | 4.75% | 1.70% | 10.05% |
| 2019 | 3.79% | 0.96% | 1.15% | 1.14% | -1.43% | 2.97% | 0.36% | 0.46% | 0.18% | 0.55% | 0.55% | 0.65% | 11.82% |
| 2018 | 0.69% | -2.40% | -0.41% | 0.24% | 0.90% | -0.32% | 1.19% | 0.71% | 0.06% | -3.44% | 0.07% | -2.07% | -4.77% |
| 2017 | 0.73% | 1.58% | 0.12% | 1.08% | 0.88% | 0.05% | 1.09% | 0.80% | 0.51% | 0.79% | 0.98% | 0.74% | 9.72% |
| 2016 | -1.54% | -0.35% | 2.72% | 0.56% | 0.56% | 0.56% | 2.13% | -0.04% | 0.16% | -1.20% | -0.06% | 1.09% | 4.60% |
| 2015 | 1.08% | 1.53% | 0.06% | -0.13% | 0.42% | -1.50% | 1.08% | -2.52% | -1.08% | 2.93% | -0.04% | -1.20% | 0.51% |
| 2014 | 0.05% | 2.10% | 0.32% | 0.41% | 1.51% | 0.95% | -0.93% | 2.04% | -1.19% | 1.40% | 1.38% | 0.35% | 8.66% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 80, PACAX is among the top 20% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Putnam Dynamic Asset Allocation Conservative Fund (PACAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Loading data...
Dividends
Dividend History
Putnam Dynamic Asset Allocation Conservative Fund provided a 5.09% dividend yield over the last twelve months, with an annual payout of $0.55 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.55 | $0.52 | $0.21 | $0.58 | $0.50 | $0.44 | $0.26 | $0.48 | $0.24 | $0.24 | $0.79 | $0.86 |
Dividend yield | 5.09% | 4.84% | 2.06% | 6.18% | 4.33% | 3.86% | 2.37% | 4.77% | 2.23% | 2.39% | 7.89% | 8.02% |
Monthly Dividends
The table displays the monthly dividend distributions for Putnam Dynamic Asset Allocation Conservative Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.02 | $0.02 | $0.08 | $0.02 | $0.00 | $0.14 | |||||||
| 2024 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 | $0.52 |
| 2023 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.43 | $0.58 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.36 | $0.50 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.25 | $0.44 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.05 | $0.26 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.29 | $0.48 |
| 2017 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.09 | $0.24 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.07 | $0.24 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.61 | $0.79 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.69 | $0.86 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading data...
Worst Drawdowns
The table below displays the maximum drawdowns of the Putnam Dynamic Asset Allocation Conservative Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Putnam Dynamic Asset Allocation Conservative Fund was 33.05%, occurring on Nov 20, 2008. Recovery took 323 trading sessions.
The current Putnam Dynamic Asset Allocation Conservative Fund drawdown is 0.44%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.05% | Nov 1, 2007 | 266 | Nov 20, 2008 | 323 | Mar 8, 2010 | 589 |
| -19.06% | Sep 3, 2021 | 285 | Oct 20, 2022 | 427 | Jul 5, 2024 | 712 |
| -12.72% | Sep 5, 2000 | 68 | Dec 8, 2000 | 26 | Jan 18, 2001 | 94 |
| -11.86% | Feb 18, 2020 | 24 | Mar 20, 2020 | 54 | Jun 8, 2020 | 78 |
| -11.53% | Jul 21, 1998 | 58 | Oct 8, 1998 | 62 | Jan 4, 1999 | 120 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...