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Trending ETFs

FRANKLIN CONSERVATIVE ALLOCATION FUND

mutual fund
FTCZX
Payout Change
Pending
Price as of:
$14.15 -0.06 -0.42%
primary theme
U.S. Conservative/Balanced Allocation
FTCZX (Mutual Fund)

FRANKLIN CONSERVATIVE ALLOCATION FUND

Payout Change
Pending
Price as of:
$14.15 -0.06 -0.42%
primary theme
U.S. Conservative/Balanced Allocation
FTCZX (Mutual Fund)

FRANKLIN CONSERVATIVE ALLOCATION FUND

Payout Change
Pending
Price as of:
$14.15 -0.06 -0.42%
primary theme
U.S. Conservative/Balanced Allocation

Name

As of 10/07/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$14.15

$898 M

2.39%

$0.34

0.59%

Vitals

YTD Return

9.3%

1 yr return

19.4%

3 Yr Avg Return

2.2%

5 Yr Avg Return

5.1%

Net Assets

$898 M

Holdings in Top 10

81.9%

52 WEEK LOW AND HIGH

$14.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.59%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 61.92%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$100,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/07/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$14.15

$898 M

2.39%

$0.34

0.59%

FTCZX - Profile

Distributions

  • YTD Total Return 9.3%
  • 3 Yr Annualized Total Return 2.2%
  • 5 Yr Annualized Total Return 5.1%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 1.72%
DIVIDENDS
  • Dividend Yield 2.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    FRANKLIN CONSERVATIVE ALLOCATION FUND
  • Fund Family Name
    Franklin Templeton Group of Funds
  • Inception Date
    Nov 02, 2009
  • Shares Outstanding
    2918394
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Thomas Nelson

Fund Description

The Fund is a “fund of funds” meaning that it seeks to achieve its investment goal by investing its assets primarily in other funds (underlying funds), predominantly other Franklin Templeton affiliated mutual funds and exchange traded funds (ETFs). The Fund is designed for investors seeking the highest level of long-term total return that is consistent with a lower level of risk. The Fund may be most appropriate for investors with a shorter investment horizon.

Under normal market conditions, the investment manager allocates the Fund’s assets among the broad asset classes of equity and fixed-income investments by investing primarily in a distinctly-weighted combination of underlying funds, based on each underlying fund's predominant asset class and strategy. These underlying funds, in turn, invest in a variety of U.S. and foreign equity and fixed-income securities, and may also have exposure to derivative instruments.

The investment manager uses the following as a general guide in allocating the Fund’s assets among the broad asset classes: 60% fixed-income funds; and 40% equity funds. These percentages may be changed from time to time by the Fund’s investment manager without the approval of shareholders, and may vary up to 10% from these percentages of Fund assets.

When selecting equity funds, the investment manager considers the underlying funds’ foreign and domestic exposure, market capitalization ranges, and investment style (growth vs. value). When selecting fixed-income funds, the investment manager considers interest rates, duration, regional exposures, credit quality, including investment grade or “junk” bonds or other factors. In allocating between equity and fixed income funds, the manager primarily considers fixed income a means of diversification to help offset the risks presented by exposure to equity investments. The investment manager considers the duration and maturity of the underlying funds’ portfolios. Certain fixed income funds may hold securities across the credit quality spectrum, including below investment grade or "junk" bonds. In addition, in selecting underlying funds the investment manager also considers the overall combination of the underlying funds in each asset class and the overall costs of investing in the underlying funds. In evaluating the risk level of

the underlying funds, the investment manager analyzes such factors as: (a) relative and absolute performance, including correlations with other underlying funds as well as corresponding benchmarks, and (b) their volatility (the variability of returns from one period to the next).

The investment manager will vary the underlying funds’ allocation percentages based upon the Fund’s risk/return level. No more than 25% of the Fund’s assets may be invested in any one underlying fund, except that the Fund may invest up to 50% of its total assets in Franklin U.S. Government Securities Fund, Franklin U.S. Treasury Bond ETF, or a combination of both.

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FTCZX - Performance

Return Ranking - Trailing

Period FTCZX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.3% -2.9% 16.2% 29.19%
1 Yr 19.4% 1.3% 30.2% 26.56%
3 Yr 2.2%* -14.7% 5.8% 36.74%
5 Yr 5.1%* -5.4% 8.5% 42.22%
10 Yr 4.5%* -0.5% 7.6% 48.43%

* Annualized

Return Ranking - Calendar

Period FTCZX Return Category Return Low Category Return High Rank in Category (%)
2023 8.7% -1.0% 27.4% 13.67%
2022 -18.3% -35.0% -7.4% 72.09%
2021 -0.4% -11.5% 14.6% 77.86%
2020 6.2% -10.3% 40.7% 29.21%
2019 5.6% -9.5% 22.1% 94.04%

Total Return Ranking - Trailing

Period FTCZX Return Category Return Low Category Return High Rank in Category (%)
YTD 9.3% -2.9% 16.2% 29.19%
1 Yr 19.4% 1.3% 30.2% 26.56%
3 Yr 2.2%* -14.7% 5.8% 36.74%
5 Yr 5.1%* -5.4% 8.5% 42.22%
10 Yr 4.5%* -0.5% 7.6% 48.43%

* Annualized

Total Return Ranking - Calendar

Period FTCZX Return Category Return Low Category Return High Rank in Category (%)
2023 11.7% 2.6% 28.2% 15.11%
2022 -15.1% -35.0% -3.1% 83.98%
2021 8.5% -11.5% 32.0% 35.82%
2020 9.6% -5.4% 40.7% 45.00%
2019 13.5% 4.5% 27.7% 74.53%

NAV & Total Return History


FTCZX - Holdings

Concentration Analysis

FTCZX Category Low Category High FTCZX % Rank
Net Assets 898 M 291 K 50.8 B 38.52%
Number of Holdings 25 2 4065 53.59%
Net Assets in Top 10 715 M 284 K 10.3 B 30.86%
Weighting of Top 10 81.87% 9.7% 111.4% 44.74%

Top 10 Holdings

  1. Franklin U.S. Core Bond ETF 20.42%
  2. Franklin U.S. Core Equity (IU) Fund 15.89%
  3. Western Asset Core Plus Bond Fund, Class IS 10.72%
  4. Franklin U.S. Treasury Bond ETF 10.23%
  5. Franklin Growth Fund, Class R6 7.06%
  6. Franklin International Core Equity (IU) Fund 4.49%
  7. BrandywineGLOBAL - Global Opportunities Bond Fund, Class IS 3.86%
  8. Franklin U.S. Large Cap Multifactor Index ETF 3.77%
  9. ClearBridge Large Cap Value Fund, Class IS 2.88%
  10. Franklin Investment Grade Corporate ETF 2.55%

Asset Allocation

Weighting Return Low Return High FTCZX % Rank
Convertible Bonds
0.86% 0.00% 71.77% 51.69%
Cash
0.65% -35.68% 25.19% 58.85%
Stocks
0.00% 0.00% 100.08% 93.78%
Preferred Stocks
0.00% 0.00% 21.95% 33.25%
Other
0.00% -0.45% 61.72% 46.17%
Bonds
0.00% 0.00% 79.74% 49.28%

FTCZX - Expenses

Operational Fees

FTCZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.59% 0.06% 21.26% 82.78%
Management Fee 0.25% 0.00% 1.25% 50.84%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

FTCZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FTCZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FTCZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 61.92% 2.00% 380.00% 77.02%

FTCZX - Distributions

Dividend Yield Analysis

FTCZX Category Low Category High FTCZX % Rank
Dividend Yield 2.39% 0.00% 7.99% 67.94%

Dividend Distribution Analysis

FTCZX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annual Monthly Annual

Net Income Ratio Analysis

FTCZX Category Low Category High FTCZX % Rank
Net Income Ratio 1.72% -1.22% 6.83% 48.79%

Capital Gain Distribution Analysis

FTCZX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Semi-Monthly Annually

Distributions History

View More +

FTCZX - Fund Manager Analysis

Managers

Thomas Nelson


Start Date

Tenure

Tenure Rank

Jan 01, 2012

10.42

10.4%

Thomas Nelson is the director of portfolio management and a senior vice president for Franklin Templeton Investment Solutions (FTIS). He graduated from the University of Delaware with a B.S. in accounting. As the director of portfolio management and a member of the Investment Strategy and Research Committee, Mr. Nelson manages several Franklin Templeton global mutual funds. He is also a chartered member of the CFA Institute and part of the New York Society of Security Analysts and Chartered Alternative Investment Analyst Association.

Wylie Tollette


Start Date

Tenure

Tenure Rank

Apr 16, 2021

1.12

1.1%

Mr. Tollette first joined Franklin Templeton in 1994, left the company in 2014 and rejoined again in 2018.

Berkeley Revenaugh


Start Date

Tenure

Tenure Rank

Apr 16, 2021

1.12

1.1%

Ms. Revenaugh has been a co-lead portfolio manager since April 2021. She joined Franklin Templeton in 2019. Prior to joining Franklin Templeton, she was a portfolio strategist and a member of the investment committee with Windward Investment Management.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 28.73 6.35 2.41