# Putnam Dynamic Asset Allocation Balanced Fund

Putnam Dynamic Asset Allocation Balanced Fund is a registered fund series of Putnam Asset Allocation Funds (series S000000778). Net assets $2.9B as of 2026-03-31.

## Profile

- Series ID: S000000778
- Registrant: Putnam Asset Allocation Funds
- LEI: 549300QO7FH593DLXC23
- Net assets: $2.9B
- Total assets: $3.2B
- As of: 2026-03-31

## Advisers

- [Franklin Advisers, Inc. (Advisor)](https://search.stillhousedata.com/firm/104517)
- [Putnam Investment Management, LLC (Subadvisor)](https://search.stillhousedata.com/firm/106629)
- [The Putnam Advisory Company, LLC (Subadvisor)](https://search.stillhousedata.com/firm/106631)
- [Franklin Templeton Investment Management Limited (Subadvisor)](https://search.stillhousedata.com/firm/111360)

## Top holdings (200 reported)

_Showing 15 of 200 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [Putnam Short Term Investment Fund](https://search.stillhousedata.com/security/74676P664) | — | $190.2M | 650.62% |
| [NVIDIA Corp.](https://search.stillhousedata.com/security/67066G104) | — | $127.6M | 436.37% |
| [Apple, Inc.](https://search.stillhousedata.com/security/037833100) | — | $108.0M | 369.38% |
| [Microsoft Corp.](https://search.stillhousedata.com/security/594918104) | — | $77.1M | 263.79% |
| [Amazon.com, Inc.](https://search.stillhousedata.com/security/023135106) | — | $63.4M | 216.98% |
| [Alphabet, Inc.](https://search.stillhousedata.com/security/02079K305) | — | $60.4M | 206.60% |
| [FNMA or FHLMC](https://search.stillhousedata.com/security/01F050643) | — | $45.9M | 157.01% |
| [Meta Platforms, Inc.](https://search.stillhousedata.com/security/30303M102) | — | $45.1M | 154.42% |
| [FNMA or FHLMC](https://search.stillhousedata.com/security/01F022642) | — | $43.5M | 148.68% |
| [United States of America](https://search.stillhousedata.com/security/912797TN7) | — | $40.7M | 139.09% |
| [Broadcom, Inc.](https://search.stillhousedata.com/security/11135F101) | — | $40.0M | 136.65% |
| [Tesla, Inc.](https://search.stillhousedata.com/security/88160R101) | — | $29.9M | 102.37% |
| [Citigroup, Inc.](https://search.stillhousedata.com/security/172967424) | — | $29.6M | 101.34% |
| [Mastercard, Inc.](https://search.stillhousedata.com/security/57636Q104) | — | $29.1M | 99.58% |
| [Eli Lilly & Co.](https://search.stillhousedata.com/security/532457108) | — | $29.0M | 99.09% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-03-31 | $2.9B |
| 2025-12-31 | $2.4B |
| 2025-09-30 | $2.3B |
| 2025-06-30 | $2.2B |
| 2025-03-31 | $2.1B |
| 2024-12-31 | $2.1B |
| 2024-09-30 | $2.1B |
| 2024-06-30 | $2.0B |

## More

- [Registrant: Putnam Asset Allocation Funds](https://search.stillhousedata.com/registrant/914209)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000000778.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.