Putnam Dynamic Asset Allocation Growth Fund (PAEAX)
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).
Fund Info
US7464441085
746444108
Feb 7, 1994
$0
Large-Cap
Blend
Expense Ratio
PAEAX has a high expense ratio of 1.03%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Putnam Dynamic Asset Allocation Growth Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Putnam Dynamic Asset Allocation Growth Fund had a return of 4.53% year-to-date (YTD) and 10.08% in the last 12 months. Over the past 10 years, Putnam Dynamic Asset Allocation Growth Fund had an annualized return of 3.52%, while the S&P 500 had an annualized return of 11.31%, indicating that Putnam Dynamic Asset Allocation Growth Fund did not perform as well as the benchmark.
PAEAX
4.53%
2.63%
-2.03%
10.08%
5.11%
3.52%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of PAEAX, 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 | 2.88% | 4.53% | |||||||||||
| 2024 | 1.55% | 4.08% | 3.55% | -3.23% | 4.48% | 2.15% | 1.51% | 2.36% | 1.46% | -1.67% | 4.19% | -10.56% | 9.20% |
| 2023 | 5.89% | -1.93% | 2.03% | 0.97% | -0.30% | 4.86% | 2.57% | -1.67% | -3.29% | -2.17% | 8.03% | 2.84% | 18.57% |
| 2022 | -4.44% | -2.46% | 1.46% | -7.29% | 0.42% | -7.95% | 6.57% | -3.08% | -7.55% | 5.47% | 5.89% | -4.92% | -17.83% |
| 2021 | -0.16% | 2.33% | 2.38% | 3.74% | 1.27% | 1.93% | 0.66% | 2.35% | -3.85% | 3.86% | -1.65% | -9.37% | 2.72% |
| 2020 | -0.48% | -6.48% | -11.98% | 9.35% | 4.51% | 2.45% | 5.03% | 4.49% | -2.75% | -2.06% | 9.68% | 4.06% | 14.41% |
| 2019 | 7.96% | 2.39% | 0.65% | 2.84% | -5.64% | 5.71% | 0.44% | -2.00% | 1.53% | 1.51% | 1.98% | 2.31% | 20.79% |
| 2018 | 3.93% | -3.90% | -1.47% | 0.95% | 1.18% | -0.53% | 2.70% | 1.14% | 0.40% | -7.03% | 0.42% | -14.93% | -17.18% |
| 2017 | 1.72% | 2.76% | 0.49% | 1.40% | 1.20% | 0.65% | 2.18% | 0.63% | 2.00% | 1.79% | 2.42% | -6.72% | 10.67% |
| 2016 | -5.28% | -1.07% | 5.71% | 0.75% | 1.22% | -0.54% | 3.91% | 0.13% | 0.45% | -1.81% | 2.56% | 0.76% | 6.56% |
| 2015 | -0.70% | 4.73% | -0.61% | 0.68% | 0.97% | -1.81% | 1.04% | -5.66% | -2.97% | 6.78% | 0.12% | -6.80% | -4.90% |
| 2014 | -2.46% | 4.24% | 0.53% | 0.00% | 2.05% | 1.84% | -1.81% | 3.22% | -2.17% | 1.99% | 1.95% | 3.90% | 13.80% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PAEAX is 35, indicating average performance compared to other mutual funds on our website. Here’s 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 Growth Fund (PAEAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Putnam Dynamic Asset Allocation Growth Fund provided a 1.96% dividend yield over the last twelve months, with an annual payout of $0.40 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.40 | $0.40 | $0.42 | $0.11 | $0.29 | $0.09 | $0.26 | $0.18 | $0.33 | $0.06 | $0.25 | $2.76 |
Dividend yield | 1.96% | 2.05% | 2.34% | 0.69% | 1.49% | 0.47% | 1.56% | 1.29% | 1.91% | 0.38% | 1.69% | 17.49% |
Monthly Dividends
The table displays the monthly dividend distributions for Putnam Dynamic Asset Allocation Growth 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 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.40 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.42 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.11 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.29 | $0.29 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.33 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.06 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2014 | $2.76 | $2.76 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Putnam Dynamic Asset Allocation Growth 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 Growth Fund was 52.61%, occurring on Mar 9, 2009. Recovery took 539 trading sessions.
The current Putnam Dynamic Asset Allocation Growth Fund drawdown is 7.67%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -52.61% | Jul 16, 2007 | 415 | Mar 9, 2009 | 539 | Apr 27, 2011 | 954 |
| -33.03% | Mar 28, 2000 | 633 | Oct 9, 2002 | 324 | Jan 26, 2004 | 957 |
| -32.45% | Nov 9, 2021 | 235 | Oct 14, 2022 | 471 | Aug 30, 2024 | 706 |
| -31.74% | Dec 18, 2017 | 568 | Mar 23, 2020 | 163 | Nov 11, 2020 | 731 |
| -24.98% | Jul 21, 1998 | 58 | Oct 8, 1998 | 64 | Jan 6, 1999 | 122 |
Volatility
Volatility Chart
The current Putnam Dynamic Asset Allocation Growth Fund volatility is 2.63%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.