The three funds in the Franklin Allocator series—Franklin Growth Allocation, Franklin Moderate Allocation, and Franklin Conservative Allocation—have undergone notable changes in recent years, substantially lowering costs while modestly improving the lineup of underlying funds. But questionable holdings remain, and the team’s leaders lack a long record of making tactical calls here, warranting a Morningstar Analyst Rating of Neutral across all share classes.
Franklin Conservative Allocation C FTCCX
NAV / 1-Day Return
12.63
/
1.04
%
Total Assets
1.1 Bil
Adj. Expense Ratio
1.590%
Expense Ratio
1.590%
Fee Level
Average
Longest Manager Tenure
10.61
years
Category
Allocation--30% to 50% Equity
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
—Status
Open
TTM Yield
1.80%
Turnover
62%
Morningstar’s Fund Analysis FTCCX
Will FTCCX outperform in 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 FTCCX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FTCCX 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 FTCCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This target-risk series’ mediocre underlying holdings have offset solid recent tactical calls.
