Putnam Dynamic Asset Allocation Equity Fund
Putnam Funds Trust
Expense ratio
Net assets1
$254.21M
Holdings1
585
Category
US Equity
Return

Investment objective & strategy

As of Sept. 25, 2025 · prospectus

Objective. The fund seeks long-term growth.

Strategy. The fund invests mainly in common stocks (growth or value stocks or both and midsize companies worldwide. Under normal circumstances, the fund invests at least 80% of its net assets in common stocks. This policy may be changed only after 60 days notice to shareholders. The Investment Manager, as defined below, may consider, among other factors, a companys valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments. The Investment Manager may also consider other factors that it believes will cause the stock price to rise. While the Investment Manager typically allocate approximately 75% of the funds assets to investments in U.S. companies, and 25% … The fund invests mainly in common stocks (growth or value stocks or both and midsize companies worldwide. Under normal circumstances, the fund invests at least 80% of its net assets in common stocks. This policy may be changed only after 60 days notice to shareholders. The Investment Manager, as defined below, may consider, among other factors, a companys valuation, financial strength, growth potential, competitive position in its industry, projected future earnings, cash flows and dividends when deciding whether to buy or sell investments. The Investment Manager may also consider other factors that it believes will cause the stock price to rise. While the Investment Manager typically allocate approximately 75% of the funds assets to investments in U.S. companies, and 25% of the funds assets to investments in international companies, these allocations may vary. The fund invests mainly in developed countries, but may invest in emerging markets. The fund may also use derivatives, such as certain foreign currency transactions, futures, options, warrants and swap contracts, for both hedging and non-hedging purposes. For example, the fund typically uses foreign currency forward contracts in connection with the funds investments in foreign securities in order to hedge the funds currency exposure relative to the funds benchmark index.

Top holdings

As of Feb. 28, 2026 · N-PORT
SecurityTickerValue% of fund
Putnam Government Money Market Fund, Class G $20.22M 7.95%
Putnam Short Term Investment Fund, Class P $13.66M 5.37%
NVIDIA CORP $12.94M 5.09%
APPLE INC $11.45M 4.50%
MICROSOFT CORP $8.52M 3.35%
ALPHABET INC CL A $6.79M 2.67%
AMAZON.COM INC $6.61M 2.60%
META PLATFORMS INC CL A $5.14M 2.02%
BROADCOM INC $4.24M 1.67%
TESLA INC $3.29M 1.29%
View all holdings →

Allocation by sector

As of February 28, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Nov 30, 2025 → Feb 28, 2026
Opened
70
Exited
40
Increased
511
Decreased
5
Unchanged
8

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
Putnam Dynamic Asset Allocation Growth Fund · PAEAX, PAEBX, PAECX, PASRX, PAGYX 77% 0.63%
Putnam Dynamic Asset Allocation Balanced Fund · PABAX, PABBX, AABCX, PAARX, PABYX 67% 0.55%
SA Franklin Allocation Moderately Aggressive Portfolio 61% 0.89%
View all similar funds →

Advisers

As of May 31, 2025 · N-CEN
FirmRole
Franklin Advisers, Inc. Adviser
Franklin Templeton Investment Management Limited Sub-adviser
Putnam Investment Management, LLC Sub-adviser
The Putnam Advisory Company, LLC Sub-adviser

Footnotes

  1. Net assets and holdings count as of February 28, 2026, from the fund's N-PORT filing.

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