Putnam 529 Balanced

The Plan allocates your contributions under this option as follows: 20% to Putnam 529 GAA Growth Portfolio, 74% to Putnam 529 GAA Balanced Portfolio, and 6% to Putnam 529 Money Market Portfolio.

Fund Description

The Balanced Option may appeal to individuals seeking a relatively constant exposure to equities, fixed-income securities and money market instruments, with less expected risk and lower expected return potential than the Aggressive Growth and Growth Options.

Management team

Data is historical. Past performance is not a guarantee of future results. More recent returns may be less or more than those shown. Investment return and principal value will fluctuate, and you may have a gain or a loss when you sell your shares. Performance assumes reinvestment of distributions. Returns after sales charge for class A shares reflect a sales charge of 5.75% for the Goal-Based, Age-Based, Absolute Return 500 and 700 funds, and Equity Asset Class Options, and 4.00% for the Fixed-Income Asset Class Option. The Government Money Market option does not have an initial sales charge or CDSC, and Absolute Return 100 and 300 Funds initial sales charge is 1.00%. Performance reflects ongoing fees and expenses, including an annualized 0.20% fee charged by the College Savings Plans of Nevada and the Nevada College Savings Trust Fund and the fees and other expenses of the Putnam Mutual Funds in which the plan invests. The funds' expense ratios are taken from the most recent prospectus and are subject to change.

Indexes are unmanaged and used as a broad measure of market performance. It is not possible to invest directly in an index. Past performance is not indicative of future results. Please see the offering statement for more information.

Fund Facts as of 08/31/17

Fiscal Year End June
Category Goal-Based
Product Status Open to new investors
Inception 10/01/10
Fund Code 4152
CUSIP 74675P103
Number of Accounts 1307
Outstanding Shares 1M
Total Net assets $20.57M

Literature


Performance

Total Return (%) as of 06/30/17

Annualized Performance 1 yr. 3 yrs. 5 yrs. Life (inception: 10/01/10)
Putnam 529 Balanced (after sales charge) 6.43% 3.24% 7.98% 7.43%
Putnam 529 Balanced (before sales charge) 12.93% 5.30% 9.27% 8.38%

Annual Performance as of 06/30/17

  2011 2012 2013 2014 2015 2016
Putnam 529 Balanced (before sales charge) -1.05% 12.97% 18.96% 8.79% 0.13% 6.10%

Pricing as of 09/22/17

Class Before Sales Charge NAV CHANGE After Sales Charge 52 Week High NAV
(Date)
52 Week Low NAV
(Date)
A $17.72 $0.01 $18.80 $17.74 (09/20/17) $15.38 (11/04/16)

Data is historical. Past performance is not a guarantee of future results. More recent returns may be less or more than those shown. Investment return and principal value will fluctuate, and you may have a gain or a loss when you sell your shares. Performance assumes reinvestment of distributions. Returns after sales charge for class A shares reflect a sales charge of 5.75% for the Goal-Based, Age-Based, Absolute Return 500 and 700 funds, and Equity Asset Class Options, and 4.00% for the Fixed-Income Asset Class Option. The Government Money Market option does not have an initial sales charge or CDSC, and Absolute Return 100 and 300 Funds initial sales charge is 1.00%. Performance reflects ongoing fees and expenses, including an annualized 0.20% fee charged by the College Savings Plans of Nevada and the Nevada College Savings Trust Fund and the fees and other expenses of the Putnam Mutual Funds in which the plan invests. The funds' expense ratios are taken from the most recent prospectus and are subject to change.

Indexes are unmanaged and used as a broad measure of market performance. It is not possible to invest directly in an index. Past performance is not indicative of future results. Please see the offering statement for more information.


Performance Snapshot

  Before sales charge After sales charge
Monthly 0.52 % -5.26 %
as of 08/31/17
YTD 9.59 % 3.28 %
as of 09/22/17

Holdings

Top Holdings as of 08/31/17

Putnam 529 GAA Balanced Portfolio
Portfolio composition as of 08/31/17
U.S. large-cap equity
35.68%
U.S. Investment-grade bonds
26.37%
U.S. small- and mid-cap equity
13.64%
International equity
12.03%
U.S. High-yield bonds
6.51%
U.S. money markets
5.77%
Composition will vary over time.
74.10%
Putnam 529 GAA Growth Portfolio
Portfolio composition as of 08/31/17
U.S. large-cap equity
42.75%
U.S. small- and mid-cap equity
17.00%
International equity
15.42%
U.S. Investment-grade bonds
7.31%
U.S. High-yield bonds
6.16%
U.S. money markets
5.78%
Emerging-markets equity
5.58%
Composition will vary over time.
20.13%
Putnam 529 GAA Money Market Portfolio 5.84%
Top holdings, total: 100.07%

Portfolio Composition as of 08/31/17

U.S. large-cap equity 35.04%
U.S. Investment-grade bonds 21.01%
U.S. small- and mid-cap equity 13.53%
International equity 12.02%
U.S. money markets 11.21%
U.S. High-yield bonds 6.06%
Emerging-markets equity 1.12%

Expenses

Expense ratio

Class A† Class B Class C Class D*
Total expense ratio 1.12% 1.87% 1.87% 1.12%
What you pay 1.12% 1.87% 1.87% 1.12%

Sales Charges / Dealer Allowance

Breakpoint Class A† Class B Class C Class D*
$0-$49,999 5.75% / 5.00% 0.00% / 4.00% 0.00% / 1.00% 3.50% / 3.00%
$50,000-$99,999 4.50% / 3.75% 0.00% / 4.00% 0.00% / 1.00% 3.50% / 3.00%
$100,000-$249,999 3.50% / 2.75% -- 0.00% / 1.00% 3.50% / 2.75%
$250,000-$499,999 2.50% / 2.00% -- 0.00% / 1.00% 2.50% / 2.00%
$500,000-$999,999 2.00% / 1.75% -- 0.00% / 1.00% 2.00% / 1.75%
$1m-$4m 0.00% / 1.00% -- -- 0.00% / 1.00%
$4m-$50m 0.00% / 0.50% -- -- 0.00% / 0.50%
$50M+ 0.00% / 0.25% -- -- 0.00% / 0.25%

CDSC

  Class A†
(sales for $1,000,000+ )
Class B Class C Class D*
(sales for $1,000,000+ )
0 to 9 mts. 1.00% 5.00% 1.00% 1.00%
9 to 12 mts. 0.00% 5.00% 1.00% 0.00%
2 yrs. -- 4.00% -- --
3 yrs. -- 3.00% -- --
4 yrs. -- 3.00% -- --
5 yrs. -- 2.00% -- --
6 yrs. -- 1.00% -- --
7+ yrs. -- 0.00% -- --

Trail Commissions

  Class A† Class B Class C Class D*
  0.25% 0.25% 1.00% 0.25%
  NA NA NA NA
  NA NA NA NA

† For exceptions to sales load, dealer reallowance and trail commission information set forth above, see the Offering Statement.

* D shares are only available to certain account owners - see offering statement for details

Portfolio characteristics will vary over time.

Due to rounding, percentages may not equal 100%.

Consider these risks before investing: International investing involves certain risks, such as currency fluctuations, economic instability, and political developments. Additional risks may be associated with emerging-market securities, including illiquidity and volatility. The fund may invest a portion of its assets in small and/or midsize companies. Such investments increase the risk of greater price fluctuations. Funds that invest in government securities are not guaranteed. Mortgage-backed securities are subject to prepayment risk. The use of derivatives involves additional risks, such as the potential inability to terminate or sell derivatives positions and the potential failure of the other party to the instrument to meet its obligations. Funds that invest in bonds are subject to certain risks including interest-rate risk, credit risk, and inflation risk. As interest rates rise, the prices of bonds fall. Long-term bonds are more exposed to interest-rate risk than short-term bonds. Unlike bonds, bond funds have ongoing fees and expenses.

Robert Kea will retire from Putnam effective 12/31/17.