The objective of this study was to investigate lipid accumulation and storage in age-0 and age-1 paddlefish Polyodon spathula (Walbaum, 1792) in relation to age, stock,year, and growth. Juvenile paddlefish were collected from three locations in North Dakota and Montana, USA, during July and August of 2011 and 2012 and proximate analysis was used to determine lipid content. RNA/DNA ratios were used as an index of growth rates. Differences in age-based lipid accumulation and storage in juvenile paddlefish suggest a split allocation between growth and lipid storage, with growth being the highest initial priority and emphasis on energy storage occurring at a larger size, later in life. Differences in lipid allocation between stocks indicate that allocation is influenced by hatchery/wild rearing conditions. Differences within and betweenyear-classes are consistent with field evidence observed in 2012 of a strong 2011 yearclass, and indicate that during productive times, paddlefish may allocate energy to both body growth and lipid reserves, and that allocation differs among years. The lack of a relationship between RNA/DNA ratio and lipid does not support a physiologically exclusive allocation strategy between growth and lipid. Evidence from this and other studies suggests rather that an emphasis on growth, some energy storage, and a large rostrum size in relation to overall fish length in age-0 and age-1 fish, may be adaptive in avoiding predation while accruing necessary energy reserves for overwintering.Although this study also provides reference information regarding proximate composition of wild and hatchery origin juvenile paddlefish, much more study is needed into the relationships among growth, low and high lipid groups, lipid allocation in juvenile paddlefish as well as the existence and timing of allocation changes between growth and storage. To aid in understanding paddlefish survival and year-class strengths, these relationships also need to be linked to inter-annual differences in early rearing environments for age-0 and age-1 fish.