Morningstar

Franklin Global Allocation Fund Class R FFARX

Morningstar Medalist Rating
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Medalist Rating as of See Franklin Templeton Investment Hub
  • NAV / 1-Day Return $18.18  /  −0.87 %
  • Fund Size $2.9B
  • Adjusted Expense Ratio 1.250%
  • Net Expense Ratio 1.170%
  • Fee Level: Distribution Above Average
  • Share Class Type Retirement, Medium
  • Morningstar Category Global Moderate Allocation
  • Equity Style Box (Funds) Large Blend
  • Fixed-Income Style Box (Funds) —
  • Investment Status Open
  • TTM Yield 1.35%
  • Turnover Ratio 33%
NAV and 1-Day Return as of

Morningstar’s Analysis FFARX

Will FFARX 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 FFARX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FFARX 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 FFARX’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 FFARX

More FFARX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 21.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

3.35 96M
Technology

Apple Inc

3.16 91M
Technology

Franklin BSP Lending R6

2.46 71M
—

Alphabet Inc Class A

2.38 68M
Communication Services

Franklin Instl U.S. Govt Mny Mkt Fund

2.23 64M
Cash and Equivalents

Franklin Systematic Style Premia ETF

2.21 64M
—

Microsoft Corp

1.81 52M
Technology

Amazon.com Inc

1.71 49M
Consumer Cyclical

Clarion Partners Real Estate Inc I

1.56 45M
—

United States Treasury Notes 3.875%

1.44 41M
Government

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