Morningstar

Franklin Global Allocation Fund Advisor Class FFAAX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 18.71  /  −0.05 %
  • Total Assets 3.0B
  • Adj. Expense Ratio
    0.750%
  • Expense Ratio 0.670%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Global Moderate Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 1.79%
  • Turnover 33%

USD | NAV as of Aug 12, 2026 | 1-Day Return as of Aug 12, 2026, 12:11 AM GMT+0

Morningstar’s Analysis FFAAX

Will FFAAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FFAAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FFAAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FFAAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Both team and strategy have recently stabilized, but neither has yet earned full confidence.

Analyst Margaret Giles

Margaret Giles

Analyst

Summary

Franklin Global Allocation has experienced significant shifts to both its management roster and the process the team uses to build this portfolio since early 2021. Confidence in these changes will take time to build, and the fund earns Average People and Process ratings.

by Margaret Giles
Rated on Published on

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Portfolio Holdings FFAAX

More FFAAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 20.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Franklin Instl U.S. Govt Mny Mkt Fund

4.27 126M
Cash and Equivalents

Apple Inc

3.08 91M
Technology

NVIDIA Corp

3.00 88M
Technology

Franklin BSP Lending R6

2.42 71M
—

Alphabet Inc Class A

2.42 71M
Communication Services

Franklin Systematic Style Premia ETF

2.10 62M
—

Amazon.com Inc

1.54 45M
Consumer Cyclical

Clarion Partners Real Estate Inc I

1.52 45M
—

United States Treasury Notes 3.875%

1.42 42M
Government

United States Treasury Notes 3.875%

1.42 42M
Government

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