# Putnam Dynamic Asset Allocation Conservative Fund

Putnam Dynamic Asset Allocation Conservative Fund is a registered fund series of Putnam Asset Allocation Funds (series S000000779). Net assets $809.4M as of 2026-03-31.

## Profile

- Series ID: S000000779
- Registrant: Putnam Asset Allocation Funds
- LEI: 549300NETFHIDLGCN871
- Net assets: $809.4M
- Total assets: $944.2M
- 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) | — | $46.4M | 573.76% |
| [NVIDIA Corp.](https://search.stillhousedata.com/security/67066G104) | — | $25.9M | 320.08% |
| [FNMA or FHLMC](https://search.stillhousedata.com/security/01F022642) | — | $22.9M | 282.38% |
| [Apple, Inc.](https://search.stillhousedata.com/security/037833100) | — | $22.0M | 271.24% |
| [FNMA or FHLMC](https://search.stillhousedata.com/security/01F050643) | — | $21.5M | 266.14% |
| [United States of America](https://search.stillhousedata.com/security/912797TN7) | — | $18.5M | 228.59% |
| [Microsoft Corp.](https://search.stillhousedata.com/security/594918104) | — | $15.5M | 191.84% |
| [Amazon.com, Inc.](https://search.stillhousedata.com/security/023135106) | — | $12.8M | 157.91% |
| [Alphabet, Inc.](https://search.stillhousedata.com/security/02079K305) | — | $12.2M | 150.54% |
| [FNMA or FHLMC](https://search.stillhousedata.com/security/01F022444) | — | $9.4M | 116.74% |
| [Meta Platforms, Inc.](https://search.stillhousedata.com/security/30303M102) | — | $9.2M | 113.34% |
| [Broadcom, Inc.](https://search.stillhousedata.com/security/11135F101) | — | $8.0M | 99.11% |
| [GNMA](https://search.stillhousedata.com/security/21H030641) | — | $7.1M | 88.25% |
| HSBC Securities (USA) Inc. | — | $7.1M | 88.22% |
| [Tesla, Inc.](https://search.stillhousedata.com/security/88160R101) | — | $6.0M | 74.60% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-03-31 | $809.4M |
| 2025-12-31 | $601.2M |
| 2025-09-30 | $582.8M |
| 2025-06-30 | $571.5M |
| 2025-03-31 | $567.4M |
| 2024-12-31 | $569.0M |
| 2024-09-30 | $584.8M |
| 2024-06-30 | $555.6M |

## More

- [Registrant: Putnam Asset Allocation Funds](https://search.stillhousedata.com/registrant/914209)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000000779.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.