PACCX — Putnam Dynamic Asset Allocation Conservative Fund
Data updated: 2026-05-27
PACCX — Putnam Dynamic Asset Allocation Conservative Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Total Return Allocation · $809.44M AUM · 1.71% expense ratio · 8.8% 1-yr return. From SEC regulatory filings.
PACCX Fund Overview
PACCX — Putnam Dynamic Asset Allocation Conservative Fund is a US mutual fund managed by Putnam Asset Allocation Funds, categorised as Total Return Allocation. 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: Total Return Allocation
- Assets under management: $809.44M
- 1-year return: 8.8%
- Ticker: PACCX
- SEC CIK: 0000914209
- SEC series ID: S000000779
- Share class ID: C000002315
PACCX Holdings
Top 10 holdings of Putnam Dynamic Asset Allocation Conservative Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Putnam Short Term Investment Fund | 5.74% |
| NVIDIA Corp. | 3.20% |
| FNMA or FHLMC | 2.82% |
| Apple, Inc. | 2.71% |
| FNMA or FHLMC | 2.66% |
| United States of America | 2.29% |
| Microsoft Corp. | 1.92% |
| Amazon.com, Inc. | 1.58% |
| Alphabet, Inc. | 1.51% |
| FNMA or FHLMC | 1.17% |
PACCX Portfolio Allocation
Asset-class allocation of Putnam Dynamic Asset Allocation Conservative Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 52.5% |
| Securitized | 20.7% |
| Fixed Income | 18.3% |
| Cash & Equivalents | 11.4% |
| Other | 5.8% |
| Loans | 0.8% |
| Derivatives | 0.5% |
PACCX Performance
Total returns for PACCX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -0.9% |
| 1 year | 8.8% |
| 3 years (annualised) | 8.1% |
| 5 years (annualised) | 3.1% |
PACCX Risk Information
Risk metrics for PACCX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 4.6%
PACCX Costs and Fees
PACCX costs about $171 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.71%
- Gross expense ratio: 1.71%
- Portfolio turnover: 243%
- Brokerage commissions: 5.01 bps of average net assets (SEC N-CEN)
PACCX Cashflows
Over the 12 months to 2026-03, Putnam Dynamic Asset Allocation Conservative Fund had net inflows of $217.66M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | $14.80M |
| 2026-02 | $203.37M |
| 2026-01 | −$683.18K |
| 2025-12 | $9.13M |
| 2025-11 | $8.99M |
| 2025-10 | $8.72M |
PACCX Debt Constituents
Largest debt holdings of Putnam Dynamic Asset Allocation Conservative Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Wells Fargo & Co. | 0.25% |
| JPMorgan Chase & Co. | 0.23% |
| Morgan Stanley | 0.21% |
| Bank of America Corp. | 0.21% |
| Goldman Sachs Group, Inc. (The) | 0.21% |
| Citigroup, Inc. | 0.17% |
| Banco Santander SA | 0.16% |
| Bank of America Corp. | 0.13% |
| Broadcom Corp. / Broadcom Cayman Finance Ltd. | 0.13% |
| Boeing Co. (The) | 0.11% |
PACCX Prospectus and SEC Filings
Official Putnam Dynamic Asset Allocation Conservative Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Total Return Allocation 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.