ASSET ALLOCATION
Our funds offer strategic diversification
An asset allocation strategy diversifies investments across different asset classes and global markets with the goal of improving the balance of reward and risk.
Dynamic Asset Allocation Conservative Fund (PACYX)
A globally diversified fund for preserving wealth
This fund received a Overall Morningstar Rating™ out of 487 funds in the Allocation--30% to 50% Equity category as of 07/31/19
The funds can tactically adjust stock and bond allocations and positions within the allocations
Dynamic Asset Allocation Balanced Fund (PABYX)
A globally diversified fund pursuing a balance of growth and income
This fund received a Overall Morningstar Rating™ out of 666 funds in the Allocation--50% to 70% Equity category as of 07/31/19
The funds can tactically adjust stock and bond allocations and positions within the allocations
Dynamic Asset Allocation Growth Fund (PAGYX)
A globally diversified fund pursuing growth
This fund received a Overall Morningstar Rating™ out of 307 funds in the Allocation--70% to 85% Equity category as of 07/31/19
The funds can tactically adjust stock and bond allocations and positions within the allocations
Equity and fixed-income allocations have a flexible range of +/- 15%, allowing the strategies to take advantage of the most attractive opportunities.
Putnam has a team experienced in asset allocation
The three senior team members have been in place at Putnam for more than a decade, providing experience managing asset allocation strategies through multiple market cycles since 1994.
(pictured left to right):
Robert J. Schoen (investing since 1990)
James A. Fetch, CIO, Global Asset Allocation (investing since 1994)
Jason R. Vaillancourt, CFA, Co-Head of Global Asset Allocation (investing since 1993)
Brett S. Goldstein, CFA, Portfolio Manager (investing since 2010)
Market leaders change
Diversifying investments can be more effective than choosing one area of the market, because performance leadership changes.
Explore the table below:
See how Putnam Dynamic Asset Allocation Balanced Fund (AAB) avoids the extremes.
Select an asset class to see how the winners fluctuate from year to year.
- Putnam Dynamic Asset Allocation Balanced Fund (AAB)
- Large-cap growth equities (LCG)
- Small-cap growth equities (SCG)
- Large -cap value equities (LCV)
- Small-cap value equities (SCV)
- International equities (IE)
- U.S. bonds (AGG)
- Cash
- Commodities (Comm.)
- U.S. TIPS (TIPS)