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Trending ETFs

Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$10.20

$415 M

0.00%

0.78%

Vitals

YTD Return

-0.9%

1 yr return

2.0%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$415 M

Holdings in Top 10

17.5%

52 WEEK LOW AND HIGH

$10.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.78%

SALES FEES

Front Load 2.25%

Deferred Load N/A

TRADING FEES

Turnover 60.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$3,000

IRA

$2,500


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$10.20

$415 M

0.00%

0.78%

FALTX - Profile

Distributions

  • YTD Total Return -0.9%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.72%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Franklin Conservative Allocation 529 Portfolio Class C
  • Fund Family Name
    Nuveen
  • Inception Date
    Jun 17, 2022
  • Shares Outstanding
    7936788
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Peter L. Agrimson

Fund Description


FALTX - Performance

Return Ranking - Trailing

Period FALTX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.9% -1.8% 9.2% 99.28%
1 Yr 2.0% -0.2% 24.4% 93.84%
3 Yr N/A* -5.9% 4.1% 59.93%
5 Yr N/A* -3.8% 4.4% 1.01%
10 Yr N/A* -19.2% 169.7% 1.75%

* Annualized

Return Ranking - Calendar

Period FALTX Return Category Return Low Category Return High Rank in Category (%)
2023 4.9% -5.4% 7.6% 0.36%
2022 N/A -17.7% -2.6% 88.79%
2021 N/A -4.0% 4.4% 60.80%
2020 N/A -8.3% 7.6% 81.70%
2019 N/A -2.3% 9.3% 10.86%

Total Return Ranking - Trailing

Period FALTX Return Category Return Low Category Return High Rank in Category (%)
YTD -0.9% -1.8% 9.2% 99.28%
1 Yr 2.0% -0.2% 24.4% 93.84%
3 Yr N/A* -5.9% 4.1% 72.95%
5 Yr N/A* -3.8% 4.4% 3.88%
10 Yr N/A* -19.2% 169.7% 20.53%

* Annualized

Total Return Ranking - Calendar

Period FALTX Return Category Return Low Category Return High Rank in Category (%)
2023 4.9% -1.1% 15.2% 74.41%
2022 N/A -17.3% -1.3% 90.29%
2021 N/A -2.7% 7.7% 70.43%
2020 N/A -4.4% 14.5% 82.47%
2019 N/A 0.6% 12.6% 23.17%

NAV & Total Return History


FALTX - Holdings

Concentration Analysis

FALTX Category Low Category High FALTX % Rank
Net Assets 415 M 14.1 K 58.8 B 68.22%
Number of Holdings 216 2 9721 74.51%
Net Assets in Top 10 72.9 M 1.16 M 6.6 B 73.61%
Weighting of Top 10 17.46% 1.8% 108.7% 69.84%

Top 10 Holdings

  1. United States Treasury Notes 1.75% 2.96%
  2. United States Treasury Notes 1.62% 2.38%
  3. United States Treasury Notes 1.75% 2.15%
  4. Federal Farm Credit Banks 2.8% 1.58%
  5. United States Treasury Notes 2.5% 1.57%
  6. Bank of America Corporation 2.5% 1.54%
  7. Morgan Stanley 3.12% 1.47%
  8. JPMorgan Chase & Co. 4.62% 1.43%
  9. Federal Home Loan Mortgage Corporation 1.5% 1.31%
  10. United States Treasury Notes 1% 1.08%

Asset Allocation

Weighting Return Low Return High FALTX % Rank
Bonds
98.51% 0.00% 130.68% 12.21%
Cash
2.10% -20.59% 62.18% 55.12%
Convertible Bonds
0.36% 0.00% 27.71% 89.39%
Stocks
0.00% 0.00% 103.64% 68.58%
Preferred Stocks
0.00% 0.00% 21.82% 63.73%
Other
-0.97% -0.97% 72.36% 100.00%

Bond Sector Breakdown

Weighting Return Low Return High FALTX % Rank
Securitized
48.36% 0.00% 97.27% 10.25%
Corporate
34.66% 0.00% 100.00% 59.71%
Government
15.84% 0.00% 73.63% 55.22%
Cash & Equivalents
2.10% 0.00% 62.18% 49.37%
Derivative
0.00% -0.55% 24.84% 68.22%
Municipal
0.00% 0.00% 17.46% 81.12%

Bond Geographic Breakdown

Weighting Return Low Return High FALTX % Rank
US
95.23% 0.00% 130.68% 26.75%
Non US
3.28% 0.00% 83.16% 10.23%

FALTX - Expenses

Operational Fees

FALTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.78% 0.01% 3.24% 40.22%
Management Fee 0.40% 0.00% 1.19% 76.48%
12b-1 Fee 0.25% 0.00% 1.00% 44.64%
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

FALTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 2.25% 0.50% 5.75% 61.25%
Deferred Load N/A 0.50% 4.00% N/A

Trading Fees

FALTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FALTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 60.00% 2.00% 500.00% 38.19%

FALTX - Distributions

Dividend Yield Analysis

FALTX Category Low Category High FALTX % Rank
Dividend Yield 0.00% 0.00% 10.34% 99.82%

Dividend Distribution Analysis

FALTX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FALTX Category Low Category High FALTX % Rank
Net Income Ratio 1.72% -1.27% 4.98% 19.27%

Capital Gain Distribution Analysis

FALTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

FALTX - Fund Manager Analysis

Managers

Peter L. Agrimson


Start Date

Tenure

Tenure Rank

Oct 28, 2010

8.59

8.6%

Peter is the lead manager of the Short Duration Multi Sector strategy and related institutional portfolios. He is also a member of the Securitized Debt Sector Team, responsible for trading mortgage-backed securities, asset-backed securities and commercial mortgage-backed securities. Peter performs credit analysis and surveillance for the firm’s mortgage-backed securities and asset-backed securities portfolios. He began working in the financial services industry in 2005. Prior to joining the firm in 2008, he served as credit analyst at Long Lake Partners, LLC, where he did credit analysis for the company’s structured products portfolio. Peter earned a B.S. in finance from Northern Illinois University. He holds the Chartered Financial Analyst designation and is a member of the CFA Institute.

Mackenzie S Meyer


Start Date

Tenure

Tenure Rank

Mar 18, 2016

3.2

3.2%

Mackenzie is an assistant portfolio manager responsible for investment decisions as well as trading corporate bonds across the credit quality spectrum. Primarily focused on investment grade corporates as a member of the High-Grade Credit Sector Team, she also assists the firm’s High-Yield Credit Sector Team with trading activity. She is a co-manager on the Short Duration Multi Sector strategy. She began working in the financial services industry in 2002 and joined Nuveen Asset Management in 2011. Previously, Mackenzie served as a mortgage trader at the Federal Home Loan Bank of Des Moines, where she managed the bank’s mortgage-backed security investment portfolio. She was also employed with INTL FCStone Inc. (formerly FCStone Inc.) where she was involved with trading and relative value analysis. Mackenzie earned a B.A. in finance from the University of Northern Iowa and an M.B.A. from the University of Iowa.

Jason J. O'Brien


Start Date

Tenure

Tenure Rank

Mar 18, 2016

3.2

3.2%

Jason is the head of the Securitized Debt Sector Team and a member of the Fixed Income Strategy Committee, which establishes investment policy for all taxable fixed income products. He is the lead manager of our Core and public funds strategies and is manager of the Short Duration Multi-Sector strategy. He began working in the financial industry in 1993 when he joined the firm. Jason received a B.A. in finance from the University of St. Thomas. He holds the Chartered Financial Analyst designation and is a member of the CFA Institute and the CFA Society of Minnesota.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 28.77 6.13 2.41