Putnam Dynamic Asset Allocation Growth Fund
Data updated: 2026-08-27
C000117950 — Putnam Dynamic Asset Allocation Growth Fund. United States Large Cap Blend / Core Equity. Holdings, fees, performance and SEC filings.
C000117950 Fund Overview
Putnam Dynamic Asset Allocation Growth Fund is a US mutual fund managed by Putnam Asset Allocation Funds, categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Putnam Asset Allocation Funds
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $4.22B
- 1-year return: 21.1%
- SEC CIK: 0000914209
- SEC series ID: S000000780
- Share class ID: C000117950
C000117950 Investment Objective and Strategy
Putnam Dynamic Asset Allocation Growth Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Putnam Asset Allocation Funds.
Investment objective
Putnam Dynamic Asset Allocation Growth Fund seeks capital appreciation.
Principal investment strategy
The fund is one of three Putnam Dynamic Asset Allocation Funds, each of which has a unique strategic, or typical, allocation between equity and fixed-income investments. Using qualitative analysis and quantitative techniques, we adjust portfolio allocations from time to time within a certain range for each fund to try to optimize a funds performance consistent with its goal. The strategic allocation and the range of allowable allocation for the fund are shown below. Class Strategic allocation Range Equity 80% 65-95% Fixed Income 20% 5-35% We invest mainly in equity securities (growth or value stocks or both) of both U.S. and foreign companies of any size. We may consider, among other factors, a companys valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell equity investments.
We also invest, 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). We may consider, among other factors, credit, interest rate and prepayment risks, as well as general market conditions, when deciding whether to buy or sell fixed-income investments. We may also select other investments that do not fall within these asset classes. We typically use to a significant extent derivatives, such as futures, options, certain foreign currency transactions, warrants and swap contracts, for both hedging and non-hedging purposes.
C000117950 Holdings
Top 10 holdings of Putnam Dynamic Asset Allocation Growth Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Putnam Short Term Investment Fund | 4.35% |
| NVIDIA Corp. | 4.07% |
| Apple, Inc. | 3.67% |
| Microsoft Corp. | 2.24% |
| Amazon.com, Inc. | 2.02% |
| Alphabet, Inc. | 1.57% |
| Alphabet, Inc. | 1.39% |
| Meta Platforms, Inc. | 1.32% |
| Broadcom, Inc. | 1.21% |
| Taiwan Semiconductor Manufacturing Co. Ltd. | 1.17% |
C000117950 Portfolio Allocation
Asset-class allocation of Putnam Dynamic Asset Allocation Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 81.7% |
| Fixed Income | 6.7% |
| Securitized | 5.9% |
| Other | 4.4% |
| Cash & Equivalents | 3.5% |
| Loans | 0.3% |
| Derivatives | 0.1% |
C000117950 Performance
Total returns for C000117950 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 10.2% |
| 1 year | 21.1% |
| 3 years (annualised) | 19.2% |
| 5 years (annualised) | 10.5% |
C000117950 Risk Information
Risk metrics for C000117950, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.8%
C000117950 Costs and Fees
C000117950 costs about $67 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.67%
- Gross expense ratio: 0.67%
- Portfolio turnover: 100%
- Brokerage commissions: 7.96 bps of average net assets (SEC N-CEN)
C000117950 Cashflows
Over the 12 months to 2026-06, Putnam Dynamic Asset Allocation Growth Fund had net inflows of $982.07M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$6.96M |
| 2026-05 | $403.68K |
| 2026-04 | −$24.10M |
| 2026-03 | $25.33M |
| 2026-02 | $853.69M |
| 2026-01 | −$14.10M |
C000117950 Debt Constituents
Largest debt holdings of Putnam Dynamic Asset Allocation Growth Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States of America | 0.04% |
| Wells Fargo & Co. | 0.04% |
| United States of America | 0.04% |
| Goldman Sachs Group, Inc. (The) | 0.04% |
| CCO Holdings LLC / CCO Holdings Capital Corp. | 0.03% |
| Citigroup, Inc. | 0.03% |
| Morgan Stanley | 0.03% |
| JPMorgan Chase & Co. | 0.03% |
| Boeing Co. (The) | 0.03% |
| IQVIA, Inc. | 0.03% |
C000117950 Prospectus and SEC Filings
Official Putnam Dynamic Asset Allocation Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-01-27
- Prospectus (485BPOS) — filed 2025-01-28
- Prospectus (485BPOS) — filed 2024-01-26
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-27
- Portfolio holdings (N-PORT) — filed 2026-02-25
- Annual census (N-CEN) — filed 2025-12-12
- Annual census (N-CEN) — filed 2024-12-12
Related Funds
Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.