Putnam Dynamic Asset Allocation Growth Fund

S000000780Putnam Asset Allocation FundsCIK 0000914209

Share classes

5 classes of this one portfolio · 0 exchange-listed

Class ID	Symbol	Status	Security in the master	Type
C000002319	PAEAX	NOT_LISTED	not exchange-listed	—
C000002320	PAEBX	NOT_LISTED	not exchange-listed	—
C000002321	PAECX	NOT_LISTED	not exchange-listed	—
C000002324	PAGYX	NOT_LISTED	not exchange-listed	—
C000002323	PASRX	NOT_LISTED	not exchange-listed	—

The share-class bridge is a snapshot, not history. The SEC's fund share-class file says what each class trades as today, not what it traded as at a past report date. A fund that changed ticker or converted from a mutual fund resolves to its present-day symbol for every historical month shown.

Share classes

Report period

1 period filed. Holdings below describe the selected month only.

2026-03-31

Filing

NPORT-P · filed 2026-05-27

Report date: 2026-03-31
Net assets: $3,799,596,529.76
Total assets: $4,008,794,052.75
Total liabilities: $209,197,522.99
Assets invested: $14,093,469.38
Cash not reported in C or D: $0
Amendment: No
Accession: 0002071691-26-012251

By asset category

N-PORT Item C.4.a

ECEquity - common$3.00B77.1%

DBTDebt$270.49M7.0%

OTHEROther; the filer describe…$239.16M6.2%

ABS-MBSAsset-backed: mortgage-ba…$197.55M5.1%

STIVShort-term investment veh…$115.91M3.0%

ABS-CBDOAsset-backed: collaterali…$24.99M0.6%

RARepurchase agreement$15.98M0.4%

LONLoan$12.59M0.3%

EPEquity - preferred$7.73M0.2%

ABS-OAsset-backed: other$3.59M0.1%

DEDerivative - equity$3.23M0.1%

DCRDerivative - credit-$938.2K-0.0%

By asset category

By issuer category

N-PORT Item C.4.b

CORPCorporate$3.44B88.6%

RFRegistered fund$253.22M6.5%

USGSEUS government sponsored e…$131.86M3.4%

USGAUS government agency$31.03M0.8%

USTUS Treasury$16.60M0.4%

NUSSNon-US sovereign$13.72M0.4%

MUNMunicipal$1.84M0.0%

OTHEROther; the filer describe…-$3.95M-0.1%

By issuer category

By investment country

as filed

USUS$2.92B81.4%

GBGB$116.29M3.2%

JPJP$106.17M3.0%

FRFR$74.12M2.1%

KYKY$60.81M1.7%

CHCH$55.47M1.5%

IEIE$53.01M1.5%

TWTW$51.82M1.4%

NLNL$49.26M1.4%

KRKR$36.53M1.0%

DEDE$33.33M0.9%

LULU$30.64M0.9%

By country

Classification look-through

Positions resolved to the master through ISIN, then rolled up through the taxonomy. 58.3% of reported value reaches a classification.

Not resolved to the master(1,867)$1.60B41.2%

Equity · Information Technology(124)$819.12M21.1%

Equity · Financials(123)$306.61M7.9%

Equity · Health Care(88)$232.04M6.0%

Equity · Consumer Discretionary(59)$217.74M5.6%

Equity · Industrials(91)$182.59M4.7%

Equity · Communication Services(17)$124.18M3.2%

Equity · Consumer Staples(22)$98.92M2.5%

Equity · Materials(38)$78.70M2.0%

Equity · Energy(32)$72.34M1.9%

Equity · Real Estate(40)$55.75M1.4%

Equity · Utilities(33)$51.80M1.3%

Equity(1)$23.12M0.6%

Resolved, not yet classified(17)$18.17M0.5%

Classification covers part of the master. 5,771 of 13,106 active securities are classified. Anything unclassified is shown as its own band rather than dropped, so a look-through total that falls short of 100% is telling you about coverage, not about the fund.

Percentages are of the reported value of positions above ($3.88B), not of the fund’s net assets ($3.80B). The two differ by cash, derivatives filed with no market value, and rounding.

Classification look-through

Holdings

2,552 positions in this filing

Issuer nameAsset categoryIssuer category

Holdings

Issuer↕	In master	CUSIP / ISIN	Asset	Balance↕	Value↕	Weight▲	Country
Icosavax, Inc. Icosavax, Inc., CVR	—	451CVR021 US451CVR0216	OTHER CORP	6,497 NS	$1.9K	0.000%	US
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$2.0K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$2.0K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$2.5K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$2.7K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$2.7K N/A	0.000%	N/A
Atrium Therapeutics, Inc.	RNA	04965N104 US04965N1046	EC CORP	203 NS	$2.7K	0.000%	US
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$2.8K N/A	0.000%	N/A
CVS Pass-Through Trust	—	126650BP4 US126650BP48	ABS-O CORP	2,993.3 PA	$3.0K	0.000%	US
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$3.4K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$3.4K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$3.6K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$3.7K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$3.9K N/A	0.000%	N/A
FNMA FNMA, Series 2003-34, Class P1	—	31393CFC2 US31393CFC29	ABS-MBS USGSE	4,314.07 PA	$4.0K	0.000%	US
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$4.0K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$4.1K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$4.2K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$4.3K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$4.4K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$4.5K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$4.6K N/A	0.000%	N/A
FNMA FNMA Connecticut Avenue Securities Trust, Ser…	—	20754DAA5 US20754DAA54	ABS-MBS CORP	5,545.06 PA	$5.5K	0.000%	US
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$5.6K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$5.7K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$5.9K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$6.2K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$6.6K N/A	0.000%	N/A
GS Mortgage Securities Trust GS Mortgage Securities Trust, Series 2014-GC2…	—	36253BAW3 US36253BAW37	ABS-MBS CORP	1,198,233.8 PA	$6.7K	0.000%	US
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$6.9K N/A	0.000%	N/A
FNMA FNMA Connecticut Avenue Securities Trust, Ser…	—	30711XC36 US30711XC368	ABS-MBS CORP	6,862.6 PA	$7.0K	0.000%	US
Sage Therapeutics, Inc. Sage Therapeutics, Inc., CVR	—	786CVR019 US786CVR0196	OTHER CORP	39,811 NS	$7.2K	0.000%	US
N/A OIS	—	— —	DIR OTHER	1,093,000 PA	$7.7K	0.000%	GB
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$7.8K N/A	0.000%	N/A
N/A TRSIBOXX	—	— —	DCR OTHER	9,200,000 PA	$8.0K	0.000%	US
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$8.1K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$8.1K N/A	0.000%	N/A
Akero Therapeutics, Inc. Akero Therapeutics, Inc., CVR	—	009CVR044 —	OTHER CORP	12,673 NS	$8.2K	0.000%	US
GNMA GNMA II, Single-family, 30 Year	—	3617HXVC8 US3617HXVC85	ABS-MBS USGA	8,702.97 PA	$8.5K	0.000%	US
Wells Fargo Commercial Mortgage Trust Wells Fargo Commercial Mortgage Trust, Series…	—	95000JAY4 US95000JAY47	ABS-MBS CORP	3,815,949.54 PA	$8.7K	0.000%	US
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$8.8K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$8.8K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$8.8K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$8.9K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$9.0K N/A	0.000%	N/A
FNMA FNMA, 30 Year	—	31414NH64 US31414NH640	ABS-MBS USGSE	9,065.24 PA	$9.0K	0.000%	US
FNMA FNMA Connecticut Avenue Securities Trust, Ser…	—	20753BAA0 US20753BAA08	ABS-MBS CORP	9,041.01 PA	$9.1K	0.000%	US
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$9.1K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$9.8K N/A	0.000%	N/A
N/A Forward Foreign Currency Contract	—	— —	DFE OTHER	1 NC	$9.9K N/A	0.000%	N/A

Issuer↕

In master

CUSIP / ISIN

Asset

Balance↕

Value↕

Weight▲

Country

Icosavax, Inc.

Icosavax, Inc., CVR

—

451CVR021

US451CVR0216

OTHER

CORP

6,497 NS

$1.9K

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$2.0K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$2.0K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$2.5K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$2.7K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$2.7K

N/A

0.000%

N/A

Atrium Therapeutics, Inc.

RNA

04965N104

US04965N1046

CORP

203 NS

$2.7K

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$2.8K

N/A

0.000%

N/A

CVS Pass-Through Trust

—

126650BP4

US126650BP48

ABS-O

CORP

2,993.3 PA

$3.0K

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$3.4K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$3.4K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$3.6K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$3.7K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$3.9K

N/A

0.000%

N/A

FNMA

FNMA, Series 2003-34, Class P1

—

31393CFC2

US31393CFC29

ABS-MBS

USGSE

4,314.07 PA

$4.0K

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$4.0K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$4.1K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$4.2K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$4.3K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$4.4K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$4.5K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$4.6K

N/A

0.000%

N/A

FNMA

FNMA Connecticut Avenue Securities Trust, Ser…

—

20754DAA5

US20754DAA54

ABS-MBS

CORP

5,545.06 PA

$5.5K

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$5.6K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$5.7K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$5.9K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$6.2K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$6.6K

N/A

0.000%

N/A

GS Mortgage Securities Trust

GS Mortgage Securities Trust, Series 2014-GC2…

—

36253BAW3

US36253BAW37

ABS-MBS

CORP

1,198,233.8 PA

$6.7K

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$6.9K

N/A

0.000%

N/A

FNMA

FNMA Connecticut Avenue Securities Trust, Ser…

—

30711XC36

US30711XC368

ABS-MBS

CORP

6,862.6 PA

$7.0K

0.000%

Sage Therapeutics, Inc.

Sage Therapeutics, Inc., CVR

—

786CVR019

US786CVR0196

OTHER

CORP

39,811 NS

$7.2K

0.000%

N/A

OIS

—

DIR

OTHER

1,093,000 PA

$7.7K

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$7.8K

N/A

0.000%

N/A

TRSIBOXX

—

DCR

OTHER

9,200,000 PA

$8.0K

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$8.1K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$8.1K

N/A

0.000%

N/A

Akero Therapeutics, Inc.

Akero Therapeutics, Inc., CVR

—

009CVR044

—

OTHER

CORP

12,673 NS

$8.2K

0.000%

GNMA

GNMA II, Single-family, 30 Year

—

3617HXVC8

US3617HXVC85

ABS-MBS

USGA

8,702.97 PA

$8.5K

0.000%

Wells Fargo Commercial Mortgage Trust

Wells Fargo Commercial Mortgage Trust, Series…

—

95000JAY4

US95000JAY47

ABS-MBS

CORP

3,815,949.54 PA

$8.7K

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$8.8K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$8.8K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$8.8K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$8.9K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$9.0K

N/A

0.000%

N/A

FNMA

FNMA, 30 Year

—

31414NH64

US31414NH640

ABS-MBS

USGSE

9,065.24 PA

$9.0K

0.000%

FNMA

FNMA Connecticut Avenue Securities Trust, Ser…

—

20753BAA0

US20753BAA08

ABS-MBS

CORP

9,041.01 PA

$9.1K

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$9.1K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$9.8K

N/A

0.000%

N/A

Forward Foreign Currency Contract

—

DFE

OTHER

1 NC

$9.9K

N/A

0.000%

N/A