PAEAX — Putnam Dynamic Asset Allocation Growth Fund
Data updated: 2026-08-27
PAEAX — Putnam Dynamic Asset Allocation Growth Fund. United States Large Cap Blend / Core Equity · $4.22B AUM. Holdings, fees, performance and SEC filings.
PAEAX Fund Overview
PAEAX — 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: 20.7%
- Ticker: PAEAX
- SEC CIK: 0000914209
- SEC series ID: S000000780
- Share class ID: C000002319
PAEAX 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% |
PAEAX 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% |
PAEAX Performance
Total returns for PAEAX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 10.1% |
| 1 year | 20.7% |
| 3 years (annualised) | 18.8% |
| 5 years (annualised) | 10.2% |
PAEAX Risk Information
Risk metrics for PAEAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 9.7%
PAEAX Costs and Fees
PAEAX costs about $98 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.98%
- Gross expense ratio: 0.98%
- Portfolio turnover: 100%
- Brokerage commissions: 7.96 bps of average net assets (SEC N-CEN)
PAEAX 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 |
PAEAX 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% |
PAEAX 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.