Putnam Dynamic Asset Fund Quote

PAECX Fund  USD 18.14  0.11  0.61%   

Performance

19 of 100

 
Low
 
High
Solid

Odds Of Distress

Less than 31

 
100  
 
Zero
Below Average
Putnam Dynamic is trading at 18.14 as of the 28th of March 2024; that is 0.61% increase since the beginning of the trading day. The fund's open price was 18.03. Putnam Dynamic has about a 31 percent probability of financial distress in the next few years of operation but had a somewhat solid performance during the last 90 days. Equity ratings for Putnam Dynamic Asset are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 3rd of April 2023 and ending today, the 28th of March 2024. Click here to learn more.
The fund allocates 65 percent to 95 percent of its assets in equities and 5 percent to 35 percent in fixed income securities. It invests mainly in equity securities of both U.S. and foreign companies of any size. The fund also invests, to a lesser extent, in fixed-income investments, including U.S. More on Putnam Dynamic Asset

Moving together with Putnam Mutual Fund

  0.99PNOYX Putnam Multi-cap GrowthPairCorr
  0.98PNORX Putnam Multi-cap GrowthPairCorr
  0.98PNOTX Putnam Sustainable FuturePairCorr
  0.96PEYAX Putnam Equity IncomePairCorr
  0.97PNSAX Putnam Small CapPairCorr
  0.97PNSBX Putnam Small CapPairCorr
  0.97PNSCX Putnam Small CapPairCorr

Putnam Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Putnam Dynamic's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Putnam Dynamic or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fund ConcentrationPutnam Funds, Large Growth Funds, Allocation--70% to 85% Equity Funds, Allocation--70% to 85% Equity, Putnam, Large Blend, Allocation--70% to 85% Equity (View all Sectors)
Update Date31st of March 2024
Expense Ratio Date30th of January 2023
Fiscal Year EndSeptember
Putnam Dynamic Asset [PAECX] is traded in USA and was established 28th of March 2024. Putnam Dynamic is listed under Putnam category by Fama And French industry classification. The fund is listed under Allocation--70% to 85% Equity category and is part of Putnam family. This fund at this time has accumulated 2.29 B in assets with no minimum investment requirementsPutnam Dynamic Asset is currently producing year-to-date (YTD) return of 8.8% with the current yeild of 0.02%, while the total return for the last 3 years was 6.53%.
Check Putnam Dynamic Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Putnam Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Putnam Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Putnam Dynamic Asset Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Putnam Dynamic Asset Mutual Fund Constituents

GILDGilead SciencesStockHealth Care
CVXChevron CorpStockEnergy
SBUXStarbucksStockConsumer Discretionary
JPMJPMorgan Chase CoStockFinancials
VZVerizon CommunicationsStockCommunication Services
HDHome DepotStockConsumer Discretionary
UNHUnitedHealth Group IncorporatedStockHealth Care
More Details

Putnam Dynamic Target Price Odds Analysis

Based on a normal probability distribution, the odds of Putnam Dynamic jumping above the current price in 90 days from now is under 4%. The Putnam Dynamic Asset probability density function shows the probability of Putnam Dynamic mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Putnam Dynamic has a beta of 0.8935 indicating Putnam Dynamic Asset market returns are sensitive to returns on the market. As the market goes up or down, Putnam Dynamic is expected to follow. Additionally, putnam Dynamic Asset has an alpha of 0.0224, implying that it can generate a 0.0224 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 18.14HorizonTargetOdds Above 18.14
96.42%90 days
 18.14 
3.50%
Based on a normal probability distribution, the odds of Putnam Dynamic to move above the current price in 90 days from now is under 4 (This Putnam Dynamic Asset probability density function shows the probability of Putnam Mutual Fund to fall within a particular range of prices over 90 days) .

Putnam Dynamic Asset Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. Putnam Dynamic market risk premium is the additional return an investor will receive from holding Putnam Dynamic long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Putnam Dynamic. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Putnam Dynamic's alpha and beta are two of the key measurements used to evaluate Putnam Dynamic's performance over the market, the standard measures of volatility play an important role as well.

Putnam Dynamic Against Markets

Picking the right benchmark for Putnam Dynamic mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Putnam Dynamic mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Putnam Dynamic is critical whether you are bullish or bearish towards Putnam Dynamic Asset at a given time. Please also check how Putnam Dynamic's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Putnam Dynamic without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Watchlist Optimization Now

   

Watchlist Optimization

Optimize watchlists to build efficient portfolios or rebalance existing positions based on the mean-variance optimization algorithm
All  Next Launch Module

How to buy Putnam Mutual Fund?

Before investing in Putnam Dynamic, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Putnam Dynamic. To buy Putnam Dynamic fund, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Putnam Dynamic. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Putnam Dynamic fund. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Putnam Dynamic Asset fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Putnam Dynamic Asset fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Putnam Dynamic Asset, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.

Already Invested in Putnam Dynamic Asset?

The danger of trading Putnam Dynamic Asset is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Putnam Dynamic is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Putnam Dynamic. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Putnam Dynamic Asset is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Putnam Dynamic Asset. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Putnam Dynamic Asset information on this page should be used as a complementary analysis to other Putnam Dynamic's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.

Complementary Tools for Putnam Mutual Fund analysis

When running Putnam Dynamic's price analysis, check to measure Putnam Dynamic's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Putnam Dynamic is operating at the current time. Most of Putnam Dynamic's value examination focuses on studying past and present price action to predict the probability of Putnam Dynamic's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Putnam Dynamic's price. Additionally, you may evaluate how the addition of Putnam Dynamic to your portfolios can decrease your overall portfolio volatility.
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Correlation Analysis
Reduce portfolio risk simply by holding instruments which are not perfectly correlated
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Idea Breakdown
Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes
Transaction History
View history of all your transactions and understand their impact on performance
Sectors
List of equity sectors categorizing publicly traded companies based on their primary business activities
Price Ceiling Movement
Calculate and plot Price Ceiling Movement for different equity instruments
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
Please note, there is a significant difference between Putnam Dynamic's value and its price as these two are different measures arrived at by different means. Investors typically determine if Putnam Dynamic is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Putnam Dynamic's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.