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Managed Fund Since 2019
Multi-Asset
Putnam VT Global Asset Allocation Fund
Popular Documents
Total Net Assets
$97.30M
As of 12/31/2025 (Updated Monthly)
Overview
Fund Facts
Fund description
The fund seeks a high level of long-term total return consistent with the preservation of capital. The fund holds a variety of investments in all market conditions to benefit from a wide range of opportunities.
- Benchmark
- Russell 3000 Index
- Additional Benchmark
- Putnam Balanced Blended Benchmark
- Fund Inception Date
- 02/01/1988
- Share Class Inception Date
- 04/30/1998
Identifiers
- Ticker
- —
- Fund Number
- 5457
- CUSIP Code
- 746896695
- Bloomberg Code
- VPGAIBV US
Top Asset Allocation
As of 12/31/2025 % of Total (Updated Monthly)
U.S. Large Cap Equity44.30% | |
U.S. Investment-Grade Bonds30.28% | |
International Equity11.47% | |
U.S. Small- and Mid-Cap Equity5.50% | |
Cash & Cash Equivalents4.43% | |
U.S. High Yield Bonds4.03% |
Additional Fund Info
- Asset Class
- Multi-Asset
- Morningstar Category
4 - Moderate Allocation
- Lipper Classification
- N/A
- Investment Style
- Asset Allocation
Manager and Commentary
About the Team
Franklin Templeton Investment Solutions
Franklin Templeton Investment Solutions (FTIS) is a leader in multi-asset, quantitative, and hedged solutions, leveraging a global network of investment teams to offer innovative and diversified strategies. With a focus on long-term investing, we combine deep research, active management, and data-driven insights to create solutions which seek to meet the evolving needs of investors worldwide.
Franklin Templeton Investment Solutions
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Managed Fund Since 2021
![[Thomas Nelsons avatar]](https://franklintempletonprod.widen.net/content/wb0irvxlsv/webp/Nelson_Thomas_500x500.png){kind=avatar}
Managed Fund Since 2025
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Managed Fund Since 2025
Latest Insights
January 9, 2026
October 13, 2025
July 17, 2025
Portfolio
Positions
As of 11/30/2025 (Updated Monthly)
Number of Holdings
- Fund
- 1,292
Asset Allocation
As of 12/31/2025 % of Total (Updated Monthly)
| Holdings | Fund |
|---|---|
U.S. Large Cap Equity | 44.30% |
U.S. Investment-Grade Bonds | 30.28% |
International Equity | 11.47% |
U.S. Small- and Mid-Cap Equity | 5.50% |
Cash & Cash Equivalents | 4.43% |
U.S. High Yield Bonds | 4.03% |
Holdings
As of 11/30/2025 (Updated Monthly)
APPLE INC SEDOL 2046251
NVIDIA CORP SEDOL 2379504
US 2YR NOTE (CBT) MAR26 TUH6
Cash and Equivalents
TRS USD FLOAT RCXTPGDL USD FIXED 0% 2026-02-17
US 5YR NOTE (CBT) MAR26 FVH6
ALPHABET INC-CL A SEDOL BYVY8G0
MICROSOFT CORP SEDOL 2588173
TRS USD FLOAT BCFTUSAL USD FIXED 0% 2026-11-19
AMAZON.COM INC SEDOL 2000019
Portfolio holdings are based on the total portfolio and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security.
Distributions & Tax
Federal ID Number 04-6577628
For information on tax years prior to 2008, please contact us2025 tax information will be available in early February
These amounts represent distributions paid by the fund, foreign taxes passed through (if any), and other distribution characteristics for the calendar year selected. These amounts are reported to shareholders on Form 1099-DIV.
Distributions per Share ($)
Data not currently available.
Documents
Regulatory Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Annual Financial Statements and Other Information - Putnam VT Global Asset Allocation Fund | |||
| Annual Report - Putnam VT Global Asset Allocation Fund - Class IB | |||
| Semi-Annual Report - Putnam VT Global Asset Allocation Fund - Class IB | |||
| Semi-Annual Financial Statements and Other Information - Putnam VT Global Asset Allocation Fund | |||
| Prospectus - Putnam VT Global Asset Allocation Fund | |||
| Summary Prospectus - Putnam VT Global Asset Allocation Fund | |||
| Statement Of Additional Information - Putnam Variable Trust | |||
| Fiscal Q1 Holdings - Putnam VT Global Asset Allocation Fund | |||
| Fiscal Q3 Holdings - PUTNAM VARIABLE TRUST |
Risks
All investments involve risks, including possible loss of principal. The allocation of assets among different strategies, asset classes and investments may not prove beneficial or produce the desired results. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. The investment style may become out of favor, which may have a negative impact on performance. Small- and mid-cap stocks involve greater risks and volatility than large-cap stocks. Fixed income securities involve interest rate, credit, inflation and reinvestment risks, and possible loss of principal. As interest rates rise, the value of fixed income securities falls. Low-rated, high-yield bonds are subject to greater price volatility, illiquidity and possibility of default. Asset-backed, mortgage-backed or mortgage-related securities are subject to prepayment and extension risks. Derivative instruments can be illiquid, may disproportionately increase losses, and have a potentially large impact on performance. Active management does not ensure gains or protect against market declines. These and other risks are discussed in the fund’s prospectus.
Important Information
Past performance is no guarantee of future results. These portfolios are available as investment options under a variable annuity or variable life contract. Shares of the portfolios are offered only to insurance company separate accounts that fund certain variable annuity or life contracts. These portfolios may not be available in all states and may only be offered in certain variable products. Please refer to the prospectuses. Variable annuities are long-term, tax-deferred investment vehicles designed for retirement purposes. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Withdrawals made prior to age 59 1/2 are subject to a 10% IRS penalty charge and/or surrender charges. Investments in a variable annuity are subject to market risks, including loss of principal. Guarantees are based on the claims-paying ability of the insurer.
VARIABLE ANNUITIES ARE SOLD BY PROSPECTUS ONLY. AN INVESTOR SHOULD CONSIDER THE INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES OF THE INSURANCE CONTRACT AND THE UNDERLYING PORTFOLIO CAREFULLY BEFORE INVESTING. THE PROSPECTUSES CONTAIN THIS AND OTHER IMPORTANT INFORMATION ABOUT THE INSURANCE CONTRACT AND THE UNDERLYING PORTFOLIO. FOR A FREE PROSPECTUS ON THE UNDERLYING PORTFOLIO, PLEASE CLICK ON THE PROSPECTUS LINK. AN INVESTOR SHOULD READ THE PROSPECTUSES CAREFULLY BEFORE INVESTING.
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Important data provider notices and terms available at www.franklintempletondatasources.com.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
The Putnam Balanced Blended Benchmark is a blended benchmark comprises of 50% Russell 3000® Index, 35% Bloomberg U.S. Aggregate Bond Index, 10% MSCI EAFE Index (NR), and 5% JPMorgan Developed High Yield Index. Source: FTSE, Bloomberg Indices, MSCI makes no warranties and shall have no liability with respect to any MSCI data reproduced herein. No further redistribution or use is permitted. This report is not prepared or endorsed by MSCI and JP Morgan.
Net Returns (NR) include income net of tax withholding when dividends are paid.
The Russell 3000 Index measures the performance of the 3,000 largest U.S. companies based on total market capitalization.
Source: FTSE.
Franklin Distributors, LLC. Member FINRA/SIPC. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the fund are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
FINANCIAL ADVISORS: Please note that not all share classes may be available for sale at your firm. Please call Franklin Templeton at (800) 530-2432 for more information.