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Trending ETFs

Franklin Multi-Asset Variable Conservative Growth

mutual fund
QVCIIX
Payout Change
Pending
Price as of:
$16.23 -0.06 -0.37%
primary theme
U.S. Balanced Allocation
share class
I (QLMLFX) Other (QVCIIX)
QVCIIX (Mutual Fund)

Franklin Multi-Asset Variable Conservative Growth

Payout Change
Pending
Price as of:
$16.23 -0.06 -0.37%
primary theme
U.S. Balanced Allocation
share class
I (QLMLFX) Other (QVCIIX)
QVCIIX (Mutual Fund)

Franklin Multi-Asset Variable Conservative Growth

Payout Change
Pending
Price as of:
$16.23 -0.06 -0.37%
primary theme
U.S. Balanced Allocation
share class
I (QLMLFX) Other (QVCIIX)

Name

As of 12/10/2024

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

Franklin Multi-Asset Variable Conservative Growth

QVCIIX | Fund

$16.23

$1.28 B

0.00%

0.97%

Vitals

YTD Return

14.7%

1 yr return

18.3%

3 Yr Avg Return

2.2%

5 Yr Avg Return

5.7%

Net Assets

$1.28 B

Holdings in Top 10

98.6%

52 WEEK LOW AND HIGH

$16.3
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.97%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 17.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/10/2024

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

Franklin Multi-Asset Variable Conservative Growth

QVCIIX | Fund

$16.23

$1.28 B

0.00%

0.97%

QVCIIX - Profile

Distributions

  • YTD Total Return 14.7%
  • 3 Yr Annualized Total Return 2.2%
  • 5 Yr Annualized Total Return 5.7%
  • Capital Gain Distribution Frequency Quarterly
  • Net Income Ratio 1.03%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency SemiAnnual

Fund Details

  • Legal Name
    Franklin Multi-Asset Variable Conservative Growth
  • Fund Family Name
    FRANKLIN TEMPLETON
  • Inception Date
    Jun 23, 2017
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Thomas Picciochi

Fund Description

The fund is a fund of funds—it invests in other mutual funds and may also invest in exchange-traded funds (“ETFs”) (such mutual funds and ETFs collectively referred to as “underlying funds”). The portfolio is managed as an asset allocation program and allocates its assets among mutual funds managed by the manager and its affiliates, including other Franklin Templeton investment managers. The fund may also invest in ETFs managed by the manager and its affiliates or unaffiliated investment advisers. When selecting underlying funds to fulfill a desired asset class exposure, the portfolio managers expect to allocate to Franklin Templeton affiliated underlying funds, provided that appropriate products are available.
The fund organizes its investments in underlying funds into two main asset classes: the equity class (equity securities of all types) and the fixed income class (fixed income securities of all types). The portfolio managers may invest across all asset classes and strategies. Under normal market conditions, the portfolio managers will allocate between 35% to 65% of the fund’s assets to underlying funds that invest in equity and equity-like strategies and between 35% to 65% of the fund’s assets to underlying funds that invest in fixed income and fixed income-like strategies. The portfolio managers may, however, allocate fund assets to any underlying funds in varying amounts in a manner consistent with the fund’s investment objective. For underlying funds that invest in both equity and fixed income securities, and/or invest in alternative investments, the fund’s portfolio managers will make a reasonable determination to assign such underlying fund, or a percentage of such underlying fund, to the equity or fixed income asset class depending upon the underlying fund’s overall asset class exposures and/or volatility profile. The underlying fund’s allocation to each class will be measured at the time of purchase and may vary thereafter as a result of market movements.
The portfolio managers will seek to maintain a level of risk in the fund similar to that of the fund’s composite benchmark as defined under “Performance” below.
The underlying funds have a range of investment styles and focuses. The underlying funds may invest in U.S., foreign and/or emerging markets, may engage in derivative transactions, and may take both long and short positions in securities. The underlying equity funds may include exposure to any market capitalization or investment style, including growth or value strategies. The underlying equity funds may employ strategies similar to those used by hedge funds, which may have a low correlation to broad stock market movements. The underlying fixed income funds include funds investing in any sector, region or style, including foreign fixed income strategies, currency strategies, inflation-indexed securities, structured credit and distressed debt. Such funds may also seek to profit from changes in global financial markets and take positions to take advantage of changes in interest rates, exchange rates, liquidity and other macroeconomic factors. The underlying fixed income funds may also invest in securities having maturities of any length and any credit quality, including securities rated below investment grade (commonly known as “junk bonds”). The underlying funds may have exposure to non-traditional, alternative investments, including commodities, real estate assets and infrastructure assets, among other types of alternative asset classes. The portfolio managers may invest the fund’s assets in underlying funds that have a limited performance history.
Read More

QVCIIX - Performance

Return Ranking - Trailing

Period QVCIIX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.7% -2.2% 85.5% 39.44%
1 Yr 18.3% -0.9% 87.3% 44.57%
3 Yr 2.2%* -3.9% 24.1% 82.91%
5 Yr 5.7%* -2.5% 23.9% 82.23%
10 Yr N/A* 1.2% 14.4% 77.15%

* Annualized

Return Ranking - Calendar

Period QVCIIX Return Category Return Low Category Return High Rank in Category (%)
2023 11.9% -12.2% 23.9% 31.81%
2022 -20.8% -34.7% 2.8% 77.10%
2021 2.3% -11.9% 18.1% 68.06%
2020 6.6% -20.9% 39.7% 61.71%
2019 12.3% 0.8% 25.7% 70.38%

Total Return Ranking - Trailing

Period QVCIIX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.7% -2.2% 85.5% 39.44%
1 Yr 18.3% -0.9% 87.3% 44.57%
3 Yr 2.2%* -3.9% 24.1% 82.91%
5 Yr 5.7%* -2.5% 23.9% 82.23%
10 Yr N/A* 1.2% 14.4% 75.45%

* Annualized

Total Return Ranking - Calendar

Period QVCIIX Return Category Return Low Category Return High Rank in Category (%)
2023 14.3% -12.2% 26.8% 40.21%
2022 -14.3% -29.0% 10.9% 43.41%
2021 4.8% -3.0% 27.3% 96.14%
2020 10.8% -19.5% 40.6% 66.72%
2019 16.9% 2.2% 32.7% 80.70%

NAV & Total Return History

QVCIIX - Holdings

Concentration Analysis

QVCIIX Category Low Category High QVCIIX % Rank
Net Assets 1.28 B 861 K 235 B 44.74%
Number of Holdings 12 2 16143 85.13%
Net Assets in Top 10 79.3 M 859 K 66.9 B 80.41%
Weighting of Top 10 98.62% 10.8% 122.7% 15.91%

Top 10 Holdings

  1. Franklin U.S. Core Bond ETF 33.21%
  2. ClearBridge Large Cap Growth Fund 15.92%
  3. ClearBridge Appreciation Fund 10.91%
  4. Franklin US Large Cap Equity Fund 10.27%
  5. Franklin International Equity Fund 9.48%
  6. Franklin U.S. Treasury Bond ETF 7.63%
  7. BrandywineGLOBAL - Diversified US Large Cap Value Fund 5.00%
  8. Franklin Investment Grade Corporate ETF 3.30%
  9. ClearBridge Small Cap Growth Fund 1.67%
  10. Franklin Small Cap Value Fund 1.23%

Asset Allocation

Weighting Return Low Return High QVCIIX % Rank
Stocks 		99.61% 0.00% 100.10% 22.68%
Convertible Bonds 		0.94% 0.00% 23.84% 28.49%
Cash 		0.43% -7.92% 100.00% 68.92%
Preferred Stocks 		0.00% 0.00% 24.59% 91.61%
Other 		0.00% -42.55% 113.97% 86.60%
Bonds 		0.00% 0.00% 75.29% 94.70%

Stock Sector Breakdown

Weighting Return Low Return High QVCIIX % Rank
Financial Services 		19.32% 0.00% 38.77% 6.40%
Technology 		15.94% 0.00% 44.21% 79.61%
Healthcare 		15.93% 0.00% 29.35% 16.07%
Consumer Cyclical 		11.53% 0.00% 19.36% 20.54%
Industrials 		10.49% 0.00% 24.37% 43.45%
Consumer Defense 		7.02% 0.00% 15.14% 41.96%
Basic Materials 		5.56% 0.00% 25.57% 14.29%
Communication Services 		5.53% 0.00% 38.10% 85.86%
Energy 		4.18% 0.00% 85.65% 58.48%
Real Estate 		2.42% 0.00% 65.01% 70.54%
Utilities 		2.09% 0.00% 99.55% 79.32%

Stock Geographic Breakdown

Weighting Return Low Return High QVCIIX % Rank
US 		99.61% 0.00% 100.10% 22.68%
Non US 		0.00% 0.00% 42.80% 90.87%

QVCIIX - Expenses

Operational Fees

QVCIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.97% 0.03% 27.98% 52.12%
Management Fee 0.00% 0.00% 1.83% 16.67%
12b-1 Fee 0.25% 0.00% 1.00% 50.50%
Administrative Fee N/A 0.01% 0.83% N/A

Sales Fees

QVCIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

QVCIIX 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.

QVCIIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 17.00% 0.83% 343.00% 18.11%

QVCIIX - Distributions

Dividend Yield Analysis

QVCIIX Category Low Category High QVCIIX % Rank
Dividend Yield 0.00% 0.00% 17.90% 56.29%

Dividend Distribution Analysis

QVCIIX Category Low Category High Category Mod
Dividend Distribution Frequency SemiAnnual Quarterly Quarterly Quarterly

Net Income Ratio Analysis

QVCIIX Category Low Category High QVCIIX % Rank
Net Income Ratio 1.03% -2.34% 13.92% 56.97%

Capital Gain Distribution Analysis

QVCIIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Quarterly Annually Semi-Annually Annually

Distributions History

View More +

QVCIIX - Fund Manager Analysis

Managers

Thomas Picciochi

Start Date

Tenure

Tenure Rank

May 30, 2014

8.01

8.0%

Tom Picciochi, CAIA Head of Multi-Asset Portfolio Management • Responsible for Multi-Asset portfolio management. • Formerly senior portfolio manager for Deutsche Asset Management’s Quantitative Strategies group, and member of the Global Tactical Asset Allocation Investment Oversight Committee and portfolio manager for Absolute Return Strategies from 1999 to 2010. Prior to joining Deutsche Asset Management, he held various research and analysis positions at State Street Global Advisors, FPL Energy, Barnett Bank, Trade Finance Corporation and Reserve Financial Management over a 13 year period. • Education: BA from University of Miami; MBA from University of Miami.

Laura Green

Start Date

Tenure

Tenure Rank

Aug 07, 2021

0.81

0.8%

Laura Green, CFA Portfolio Manager • Member of the Portfolio Management group. During this time, she held portfolio manager and portfolio assistant positions. • Formerly at Deutsche Asset Management from 2007 – 2010. • Education: BA from University of Pennsylvania. "Laura Green is a vice president and portfolio manager within Franklin Templeton Investment Solutions. Ms. Green is responsible for asset allocation (multi-asset) strategies, including target-date, target-risk, volatility-controlled, ESG and customized solutions. Prior to joining Franklin Templeton, Ms. Green was a member of the Portfolio Management team at QS Investors, a quantitative multi-asset and equity manager, where she was responsible for managing similar strategies. QS Investors combined with Franklin Templeton Multi-Asset Solutions in October 2020 to create Franklin Templeton Investment Solutions. Before joining QS Investors in 2010, Ms .Green was a member of its predecessor, Deutsche Asset Management Quantitative Strategies group, where she held portfolio manager and portfolio assistant positions. Ms. Green holds a bachelor of arts in communication from the University of Pennsylvania. She also holds the Chartered Financial Analyst (CFA) designation"

Jacqueline Kenney

Start Date

Tenure

Tenure Rank

Aug 07, 2021

0.81

0.8%

Jacqueline Hurley, CFA, is a Portfolio Manager and a member of the Portfolio Management Group within QS Investors. Formerly at Deutsche Asset Management from 2008 – 2010. Prior to joining Deutsche Asset Management, she had 4 years of experience as a consultant at Bearing Point and Accenture. Ms. Hurley holds a B.A. in Computer Science from Colgate University and an M.B.A. in inance and Accounting from University of Michigan, Ross School of Business.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 34.51 6.39 2.41

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