PAEAX Performance — Putnam Dynamic Asset Allocation Growth Fund, CL A
Data updated: 2026-08-27
PAEAX returned +10.13% year to date and +20.71% over one year to Jun 2026. Annualised returns are +18.79% over 3 years and +10.16% over 5 years. The fund beat its US Large Blend category average: $100 invested three years ago grew to $168, against $157 for the category, and to $121 over one year, against $118. Volatility over the past three years was 10.45% a year. In the 12 months to Jun 2026 the fund took in a net $982.1M, and assets reached $4.22B.
PAEAX Growth of $100
What $100 invested in Putnam Dynamic Asset Allocation Growth Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | PAEAX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $121 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $168 | $157 |
| 5 years (Jul 2021 – Jun 2026) | $162 | $161 |
| Since data start (Jul 2019 – Jun 2026) | $220 | $229 |
PAEAX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.13% |
| 1 year | +20.71% |
| 3 years (annualised) | +18.79% |
| 5 years (annualised) | +10.16% |
PAEAX Annual Returns
Calendar-year total returns of Putnam Dynamic Asset Allocation Growth Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +10.13% |
| 2025 | +18.41% |
| 2024 | +19.05% |
| 2023 | +20.76% |
| 2022 | −16.97% |
| 2021 | +16.74% |
| 2020 | +14.51% |
| 2019 (Jul–Dec) | +5.84% |
PAEAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.3% | +0.9% | −4.7% | +7.6% | +3.6% | +0.4% | — | — | — | — | — | — |
| 2025 | −3.9% | −0.4% | +2.9% | +0.5% | +4.8% | +4.1% | +0.9% | +2.5% | +3.2% | +1.4% | +0.4% | +0.9% |
| 2024 | +3.6% | +4.1% | +1.6% | +2.1% | +4.5% | −3.3% | +1.5% | +2.4% | +1.5% | −2.5% | +4.2% | −1.7% |
| 2023 | +2.0% | −1.9% | +5.9% | +4.9% | −0.3% | +1.0% | −3.3% | −1.7% | +2.6% | +4.7% | +8.0% | −2.2% |
| 2022 | +1.5% | −2.5% | −4.4% | −8.0% | +0.4% | −7.3% | −7.5% | −3.1% | +6.6% | −3.9% | +5.9% | +5.5% |
| 2021 | +2.4% | +2.3% | −0.2% | +1.9% | +1.3% | +3.7% | −3.9% | +2.4% | +0.7% | +3.0% | −1.7% | +3.9% |
| 2020 | −12.0% | −6.5% | −0.5% | +2.5% | +4.5% | +9.4% | −2.8% | +4.5% | +5.0% | +4.1% | +9.7% | −2.1% |
| 2019 | — | — | — | — | — | — | +1.5% | −2.0% | +0.4% | +2.3% | +2.0% | +1.5% |
PAEAX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 10.45%
- 3-year Sharpe ratio: 1.37 (vs 4.5% risk-free rate)
- Best month: +8.03% (Nov 2023)
- Worst month: −4.68% (Mar 2026)
PAEAX Fund Flows
Monthly money in and out of Putnam Dynamic Asset Allocation Growth Fund, from SEC Form N-PORT.
- 12-month net flow: $982.1M
- 12-month gross sales (incl. reinvestments): $1.6B
- Sales ÷ redemptions: 2.59×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $52.8M | $59.7M | −$7.0M |
| May 2026 | $60.0M | $59.6M | $404K |
| Apr 2026 | $52.4M | $76.5M | −$24.1M |
| Mar 2026 | $89.6M | $64.3M | $25.3M |
| Feb 2026 | $891.7M | $38.0M | $853.7M |
| Jan 2026 | $39.2M | $53.3M | −$14.1M |
| Dec 2025 | $233.3M | $54.1M | $179.2M |
| Nov 2025 | $29.4M | $43.4M | −$14.1M |
| Oct 2025 | $38.4M | $43.3M | −$4.9M |
| Sep 2025 | $33.6M | $36.6M | −$3.0M |
| Aug 2025 | $35.3M | $44.9M | −$9.6M |
| Jul 2025 | $43.0M | $43.0M | $81K |
PAEAX Assets Under Management
Net assets of Putnam Dynamic Asset Allocation Growth Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $4.22B |
| 2026-03-31 | $3.80B |
| 2025-12-31 | $3.02B |
| 2025-09-30 | $2.98B |
| 2025-06-30 | $2.80B |
| 2025-03-31 | $2.59B |
| 2024-12-31 | $2.68B |
| 2024-09-30 | $2.70B |
| 2024-06-30 | $2.58B |
| 2024-03-31 | $2.53B |
| 2023-12-31 | $2.37B |
| 2023-09-30 | $2.19B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.