PABYX — Putnam Dynamic Asset Allocation Balanced Fund
Data updated: 2026-08-27
PABYX — Putnam Dynamic Asset Allocation Balanced Fund. United States Large Cap Blend / Core Equity · $3.17B AUM. Holdings, fees, performance and SEC filings.
PABYX Fund Overview
PABYX — Putnam Dynamic Asset Allocation Balanced 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: $3.17B
- 1-year return: 16.1%
- Ticker: PABYX
- SEC CIK: 0000914209
- SEC series ID: S000000778
- Share class ID: C000002312
PABYX Holdings
Top 10 holdings of Putnam Dynamic Asset Allocation Balanced Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| NVIDIA Corp. | 4.24% |
| Apple, Inc. | 3.83% |
| Microsoft Corp. | 2.32% |
| Amazon.com, Inc. | 2.09% |
| Putnam Short Term Investment Fund | 2.08% |
| Alphabet, Inc. | 1.65% |
| FNMA or FHLMC | 1.62% |
| FNMA or FHLMC | 1.45% |
| Alphabet, Inc. | 1.43% |
| Meta Platforms, Inc. | 1.37% |
PABYX Portfolio Allocation
Asset-class allocation of Putnam Dynamic Asset Allocation Balanced Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 77.7% |
| Securitized | 11.5% |
| Fixed Income | 11.3% |
| Other | 2.1% |
| Cash & Equivalents | 2.0% |
| Loans | 0.6% |
| Derivatives | 0.1% |
PABYX Performance
Total returns for PABYX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 7.6% |
| 1 year | 16.1% |
| 3 years (annualised) | 15.7% |
| 5 years (annualised) | 8.3% |
PABYX Risk Information
Risk metrics for PABYX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 7.4%
PABYX Costs and Fees
PABYX costs about $65 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.65%
- Gross expense ratio: 0.65%
- Portfolio turnover: 158%
- Brokerage commissions: 5.36 bps of average net assets (SEC N-CEN)
PABYX Cashflows
Over the 12 months to 2026-06, Putnam Dynamic Asset Allocation Balanced Fund had net inflows of $713.24M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $5.19M |
| 2026-05 | −$6.43M |
| 2026-04 | −$4.13M |
| 2026-03 | $5.65M |
| 2026-02 | $603.58M |
| 2026-01 | −$5.08M |
PABYX Debt Constituents
Largest debt holdings of Putnam Dynamic Asset Allocation Balanced Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Wells Fargo & Co. | 0.11% |
| Citigroup, Inc. | 0.08% |
| JPMorgan Chase & Co. | 0.08% |
| Morgan Stanley | 0.08% |
| Goldman Sachs Group, Inc. (The) | 0.08% |
| Bank of America Corp. | 0.07% |
| Boeing Co. (The) | 0.06% |
| Verizon Communications, Inc. | 0.06% |
| Broadcom Corp. / Broadcom Cayman Finance Ltd. | 0.06% |
| Bank of America Corp. | 0.06% |
PABYX Prospectus and SEC Filings
Official Putnam Dynamic Asset Allocation Balanced 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.