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.
Franklin Moderate Allocation R FTMRX
NAV / 1-Day Return
17.09
/
0.47
%
Total Assets
2.0 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.130%
Expense Ratio
1.130%
Fee Level
Below Average
Longest Manager Tenure
9.35
years
Category
Allocation--50% to 70% Equity
Investment Style
Large BlendCredit Quality / Interest Rate Sensitivity
—Status
Open
TTM Yield
0.94%
Turnover
44%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will FTMRX 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 FTMRX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FTMRX 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 FTMRX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Portfolio Manager Turnover Doesn't Impact This Franklin Target-Risk Series' Ratings
