Putnam Dynamic Asset Allocation Growth Fund

International equity 15.0 16.6 Emerging-markets equity 5.0 4.3 Investment-grade bonds 15.0 11.7 High-yield bonds 5.0 3.6 Money markets/cash 0.0 3.8 Data as of 12/31/21.-15% -5% 5% 15% Current performance may be lower or higher than the quoted past performance, which cannot guarantee future results.

  Market, Equity, Fund, Emerging, Markets equity