Skip to Content

Franklin Conservative Allocation Advisor FTCZX

Analyst rating as of
NAV / 1-Day Return
15.48  /  0.51 %
Total Assets
1.3 Bil
Adj. Expense Ratio
Expense Ratio
Fee Level
Below Average
Longest Manager Tenure
9.47 years
Allocation--30% to 50% Equity
Investment Style
Large Blend
Credit Quality / Interest Rate Sensitivity
Low / Moderate
TTM Yield

Morningstar’s Analysis

Will FTCZX outperform in future?

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

Portfolio Manager Turnover Doesn't Impact This Franklin Target-Risk Series' Ratings

Senior Analyst

Analyst Note

| |

On April 16, 2021, May Tong, a comanager of the three funds in the Franklin Allocation target-risk series since February 2019, left Franklin Templeton and was replaced by Wylie Tollette (who's worked at the firm for 22 years) and Berkeley Revenaugh, who joined the firm in 2019 as a client portfolio manager. Tom Nelson, a portfolio manager on the series since 2012, remains in the lead role, and he and the other managers primarily oversee the series' day-to-day operations and implement the tactical asset allocation calls of the firm's investment strategy and research committee.

Unlock our full analysis with Morningstar Premium

Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data.

We’d like to share more about how we work and what drives our day-to-day business.

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions. Our investment management business generates asset-based fees, which are calculated as a percentage of assets under management. We also sell both admissions and sponsorship packages for our investment conferences and advertising on our websites and newsletters.

How we use your information depends on the product and service that you use and your relationship with us. We may use it to:

  • Verify your identity, personalize the content you receive, or create and administer your account.
  • Provide specific products and services to you, such as portfolio management or data aggregation.
  • Develop and improve features of our offerings.
  • Gear advertisements and other marketing efforts towards your interests.

To learn more about how we handle and protect your data, visit our privacy center.

Maintaining independence and editorial freedom is essential to our mission of empowering investor success. We provide a platform for our authors to report on investments fairly, accurately, and from the investor’s point of view. We also respect individual opinions––they represent the unvarnished thinking of our people and exacting analysis of our research processes. Our authors can publish views that we may or may not agree with, but they show their work, distinguish facts from opinions, and make sure their analysis is clear and in no way misleading or deceptive.

To further protect the integrity of our editorial content, we keep a strict separation between our sales teams and authors to remove any pressure or influence on our analyses and research.

Read our editorial policy to learn more about our process.