Address And Details

One Post Office Square , Canton, MA 02109
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

Putnam Dynamic Risk Allocation Fund seeks total return. Total return is composed of capital appreciation and income. This section contains greater detail on the funds main investment strategies and the related risks you would face as a fund shareholder. It is important to keep in mind that risk and reward generally go hand in hand; the higher the potential reward, the greater the risk. As mentioned in the fund summary, we pursue the funds goal by allocating the funds assets among many different asset classes and using leverage and active trading strategies. The fund has the flexibility to make allocations to a broader range of asset classes without regard to any fixed or targeted ranges. The fund also seeks to adjust its exposure to asset classes, typically using leverage, in order to balance its exposure to the types of risks associated with particular asset classes. The fund adjusts its allocations dynamically as market conditions change. A description of the funds dynamic risk allocation strategy, as well as the types of investments that the fund may make and the associated risks, follows. Dynamic risk allocation strategy. The fund invests in a diversified set of asset classes, which offer different return potential and different levels of exposure to equity risk, interest rate risk, credit risk, and inflation risk. The fund adjusts its allocations to asset classes with the goal of diversifying, or balancing, its exposure to these types of risk, and it typically uses leverage to adjust or to increase its allocations to asset classes in order to diversify, or balance, risk exposure. We believe that better risk diversification creates the potential for the fund to perform well in a variety of market environments, even those in which equity investments or fixed-income investments may struggle. The funds efforts to diversify risk exposure may help to reduce the frequency and severity of periods during which the fund experiences negative returns, although there can be no guarantee that this will be the case. The funds strategies are designed to seek opportunities for returns over the long term that are superior to the returns of traditional balanced funds, but with similar levels of risk, as measured by the volatility of the funds portfolio. Volatility refers to the tendency of investments and markets to fluctuate in value over time. The greater an investments or a markets volatility, the more sharply its value may fluctuate. A funds volatility is often measured as the standard deviation of the funds monthly returns and expressed as a percentage. The fund differs from a traditional balanced fund that invests relatively stable portions of its assets in equity investments and fixed-income investments. While a traditional balanced fund may allocate, for example, 60% of its assets to equity investments and 40% to fixed-income investments, a significant majority of the traditional balanced funds risk, or volatility, will typically come from its exposure to equity investments.

Net Asset Value

as of 5:42 PM ET 09/27/2021

Performance

  • 1 Week
  • -0.27%
  • 1 Month
  • -3.64%
  • 3 Months
  • +0.18%
  • 1 Yr Return
  • +1.93%
  • 5 Yr Return
  • +5.01%

Equity Sector Breakdown

Finance 1.90%
IndustrialCyclical 1.59%
RetailTrade 1.42%
Technology 1.03%
NonDurables 1.01%
Energy 0.67%
Health 0.63%
Services 0.58%
ConsumerDurables 0.30%
Utilities 0.15%

Asset Allocation

Asset Type % Of Allocation
Stocks 12.32%
ForeignStocks 11.50%
Preferred 0.14%
Cash 0.00%
Bonds 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 10.00 K

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha -8.30 -5.79 n/a
Beta 0.54 0.52 n/a
R Squared 0.76 0.71 n/a
Std Deviation 11.44 9.26 n/a
Sharpe Ratio 0.06 0.30 n/a

Purchase Information

as of 5:34 PM ET 09/24/2021
Minimum Initial $0
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +3.32%
  • +5.98%
+3.32% +5.98%
3 Year
  • +1.10%
  • +0.21%
+1.10% +0.21%
10 Year
  • n/a
  • n/a
n/a n/a
Life Of Fund
  • +3.53%
  • +3.25%
+3.53% +3.25%

Top 10 Holdings

Symbol Company Name % Of Assets
GLOW GLOW ENERGY PUBLIC CO LTD 0.00%
NVS NOVARTIS AG ADR 0.27%
ROG ROCHE HOLDING AG 0.26%
NSRGY NESTLE SA SPONS ADR FOR REG 0.23%
RDSB:LN ROYAL DUTCH SHELL PLC B 0.22%
OREP.PA L'OREAL SA 0.21%
NVO NOVO NORDISK A/S SPONS ADR 0.21%
ALVG.D ALLIANZ AG 0.21%
RIO RIO TINTO PLC SPON ADR 0.20%
SNE.N SONY CORP 0.19%

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