Franklin NextStep Conservative A
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-6.9%
1 yr return
-6.7%
3 Yr Avg Return
-1.8%
5 Yr Avg Return
N/A
Net Assets
$4.14 M
Holdings in Top 10
84.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 3.69%
SALES FEES
Front Load 5.50%
Deferred Load N/A
TRADING FEES
Turnover 91.61%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FNCAX - Profile
Distributions
- YTD Total Return -6.9%
- 3 Yr Annualized Total Return -0.9%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.34%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFranklin NextStep Conservative Fund
-
Fund Family NameFranklin Templeton Investments
-
Inception DateFeb 05, 2016
-
Shares Outstanding187219
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerThomas Nelson
Fund Description
FNCAX - Performance
Return Ranking - Trailing
Period | FNCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -6.9% | -41.9% | 27.2% | 89.12% |
1 Yr | -6.7% | -48.0% | 37.0% | 90.46% |
3 Yr | -1.8%* | -18.1% | 14.9% | 73.72% |
5 Yr | N/A* | -11.9% | 15.6% | N/A |
10 Yr | N/A* | -9.4% | 18.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | FNCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.8% | -12.0% | 45.6% | 79.75% |
2022 | -6.1% | -32.7% | 10.9% | 9.61% |
2021 | 4.7% | -9.1% | 28.6% | 73.61% |
2020 | N/A | -43.7% | 13.8% | N/A |
2019 | N/A | -19.4% | 6.0% | N/A |
Total Return Ranking - Trailing
Period | FNCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -6.9% | -41.9% | 27.2% | 89.12% |
1 Yr | -6.7% | -48.0% | 37.0% | 90.46% |
3 Yr | -0.9%* | -15.4% | 14.9% | 79.79% |
5 Yr | N/A* | -11.0% | 15.6% | N/A |
10 Yr | N/A* | -9.4% | 18.3% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FNCAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.8% | -12.0% | 45.6% | 80.99% |
2022 | -5.4% | -32.7% | 10.9% | 21.92% |
2021 | 7.1% | -6.7% | 28.6% | 77.45% |
2020 | N/A | -43.7% | 20.7% | N/A |
2019 | N/A | -14.9% | 8.0% | N/A |
FNCAX - Holdings
Concentration Analysis
FNCAX | Category Low | Category High | FNCAX % Rank | |
---|---|---|---|---|
Net Assets | 4.14 M | 2.42 M | 109 B | 99.45% |
Number of Holdings | 20 | 4 | 5262 | 72.43% |
Net Assets in Top 10 | 3.58 M | -100 M | 22.4 B | 94.42% |
Weighting of Top 10 | 84.04% | 5.7% | 100.0% | 25.86% |
Top 10 Holdings
Asset Allocation
Weighting | Return Low | Return High | FNCAX % Rank | |
---|---|---|---|---|
Bonds | 71.33% | -34.50% | 155.45% | 4.38% |
Stocks | 25.80% | -1.92% | 80.06% | 89.17% |
Cash | 2.15% | -77.12% | 107.28% | 79.43% |
Convertible Bonds | 0.51% | -0.84% | 17.20% | 39.72% |
Other | 0.22% | -7.97% | 95.53% | 40.15% |
Preferred Stocks | 0.00% | 0.00% | 38.23% | 79.10% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FNCAX % Rank | |
---|---|---|---|---|
Technology | 22.07% | 0.00% | 88.31% | 5.16% |
Healthcare | 13.55% | 0.00% | 50.47% | 61.14% |
Financial Services | 12.88% | 0.00% | 28.57% | 67.84% |
Consumer Cyclical | 12.69% | 0.00% | 26.92% | 9.99% |
Communication Services | 10.18% | 0.00% | 43.54% | 13.72% |
Consumer Defense | 9.37% | 0.00% | 26.98% | 18.77% |
Industrials | 9.30% | 0.00% | 31.64% | 62.90% |
Basic Materials | 3.32% | 0.00% | 19.16% | 67.18% |
Utilities | 2.73% | 0.00% | 38.45% | 75.52% |
Real Estate | 2.07% | 0.00% | 82.48% | 91.55% |
Energy | 1.85% | 0.00% | 100.00% | 87.38% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FNCAX % Rank | |
---|---|---|---|---|
US | 16.94% | -1.93% | 61.27% | 87.53% |
Non US | 8.86% | -1.22% | 46.78% | 87.42% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FNCAX % Rank | |
---|---|---|---|---|
Government | 40.12% | 0.00% | 76.76% | 9.85% |
Securitized | 25.22% | 0.00% | 66.00% | 21.77% |
Corporate | 24.15% | 0.00% | 98.00% | 74.51% |
Cash & Equivalents | 6.64% | -31.57% | 100.00% | 85.89% |
Derivative | 2.65% | -0.40% | 46.39% | 27.57% |
Municipal | 1.21% | 0.00% | 47.46% | 16.63% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FNCAX % Rank | |
---|---|---|---|---|
US | 55.80% | -68.01% | 95.46% | 2.74% |
Non US | 15.53% | -25.01% | 59.99% | 10.94% |
FNCAX - Expenses
Operational Fees
FNCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 3.69% | 0.01% | 22.24% | 1.67% |
Management Fee | 0.25% | 0.00% | 1.95% | 56.39% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 24.51% |
Administrative Fee | 0.15% | 0.01% | 0.70% | 64.52% |
Sales Fees
FNCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.50% | 2.25% | 5.75% | 52.56% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
FNCAX 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.
FNCAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 91.61% | 0.29% | 447.00% | 83.68% |
FNCAX - Distributions
Dividend Yield Analysis
FNCAX | Category Low | Category High | FNCAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 6.55% | 27.87% |
Dividend Distribution Analysis
FNCAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Annually |
Net Income Ratio Analysis
FNCAX | Category Low | Category High | FNCAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.34% | -1.00% | 6.29% | 26.45% |
Capital Gain Distribution Analysis
FNCAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 29, 2019 | $0.050 | |
Jun 29, 2018 | $0.049 | |
Mar 29, 2018 | $0.032 | |
Sep 29, 2017 | $0.056 | |
Jun 30, 2017 | $0.046 | |
Sep 30, 2016 | $0.020 | |
Jun 30, 2016 | $0.016 | |
Mar 31, 2016 | $0.006 |
FNCAX - Fund Manager Analysis
Managers
Thomas Nelson
Start Date
Tenure
Tenure Rank
Feb 05, 2016
4.49
4.5%
Thomas Nelson is the director of portfolio management and a senior vice president for Franklin Templeton Multi-Asset Solutions (FTMAS). He graduated from the University of Delaware with a B.S. in accounting. As the director of portfolio management and a member of the Investment Strategy and Research Committee, Mr. Nelson manages several Franklin Templeton global mutual funds. He is also a chartered member of the CFA Institute and part of the New York Society of Security Analysts and Chartered Alternative Investment Analyst Association.
May Tong
Start Date
Tenure
Tenure Rank
Oct 31, 2018
1.75
1.8%
May Tong joined ING Investment Management June 2006. May is a Portfolio Manager on the quantitative equity team. Prior to joining ING, she was an associate portfolio manager for five years on the quantitative team at Merrill Lynch Investment Managers with oversight of $60 billion of assets including daily cash management and determination of trading needs and strategies for all index and enhanced strategies. Before that she was an audit intern at Grant Thornton where she assisted with all phases of audit processes for several clients. She received a B.S. in finance and accounting magna cum laude from Boston College, Carrol School of Management and was a member of the Golden Key National Honor Society. She holds the Chartered Financial Analyst designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 28.6 | 6.35 | 0.58 |