Franklin Fund Allocator Series - Franklin Growth Allocation Fund USD Cls R6
Name
As of 03/26/2024Price
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
$19.41
$249 M
1.70%
$0.33
-
Vitals
YTD Return
7.7%
1 yr return
20.6%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$249 M
Holdings in Top 10
69.2%
52 WEEK LOW AND HIGH
$19.4
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio N/A
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
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
$19.41
$249 M
1.70%
$0.33
-
FTGMX - Profile
Distributions
- YTD Total Return 7.7%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 1.7%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameFranklin Fund Allocator Series - Franklin Growth Allocation Fund USD Cls R6
-
Fund Family NameSalient Fund Complex
-
Inception DateDec 06, 2021
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUS
Fund Description
The Fund’s investment strategy is designed to evaluate the market to determine whether the market as a whole or a particular sector or industry is undervalued or overvalued. Broadmark Asset Management LLC (“Broadmark” or the “Sub-Advisor”) seeks to identify potential long and short investments that it believes offer the greatest risk-adjusted potential for returns. The Fund seeks to gain exposure to equity indices, sectors and industry groups that it believes are more attractive on a relative basis and may take short positions in equity indices, sectors or industry groups that it believes are less attractive on a relative basis. The Sub-Advisor will rely on a variety of factors to reach its determination of the relative value of potential investments, including valuation, monetary conditions, investor sentiment, and momentum factors.
Relative to the U.S. equity market, the Fund is expected to outperform during periods of higher volatility or when the U.S. equity market is falling. The Fund may underperform the U.S. equity market in other market environments.
The Fund may employ both leveraged investment techniques as well as short positions which allow the Fund to obtain investment exposure that can range from 120% long to 100% short, as a percentage of the Fund’s net assets at the time of investment. In most market conditions, the Fund maintains investment exposure between 100% long and 100% short, as a percentage of the Fund’s net assets at the time of investment.
The Fund invests in instruments providing exposure to securities market indices, industries or sectors within U.S. and overseas equity markets. These instruments primarily include exchange-traded funds (“ETF’s”) and futures on securities indices. The Fund may obtain exposure to equity securities of U.S. and non-U.S. issuers, including issuers in countries considered to be emerging market countries, in all market capitalization ranges, including small capitalization stocks. Under certain market conditions, the Fund may hold a substantial portion of its assets in cash, cash equivalents, fixed income securities of U.S. and non-U.S. issuers that are of investment grade quality and of any maturity, exchange-traded notes (“ETNs”), and/or money market or other funds that invest in these instruments.
On occasion, the Fund may write covered put and call options and purchase put and call options on securities, securities indices and shares of ETFs. The Fund may purchase or write options in combination with each other (simultaneously writing call options and purchasing put options) to adjust risk and return of its overall investment positions.
FTGMX - Performance
Return Ranking - Trailing
Period | FTGMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.7% | -64.9% | 866.0% | 7.20% |
1 Yr | 20.6% | -70.4% | 906.3% | 3.98% |
3 Yr | N/A* | -33.6% | 50.0% | 21.01% |
5 Yr | N/A* | -36.3% | 41.2% | 17.40% |
10 Yr | N/A* | -14.8% | 33.0% | 66.23% |
* Annualized
Return Ranking - Calendar
Period | FTGMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.7% | -58.1% | 80.6% | 74.26% |
2022 | -21.1% | -93.5% | 23.6% | 26.32% |
2021 | N/A | -55.3% | 69.8% | 64.93% |
2020 | N/A | -34.8% | 68.2% | 65.41% |
2019 | N/A | -40.3% | 22.5% | 22.37% |
Total Return Ranking - Trailing
Period | FTGMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.7% | -64.9% | 866.0% | 7.20% |
1 Yr | 20.6% | -70.4% | 906.3% | 3.98% |
3 Yr | N/A* | -33.6% | 122.8% | 35.34% |
5 Yr | N/A* | -36.3% | 66.5% | 38.24% |
10 Yr | N/A* | -14.8% | 33.0% | 81.49% |
* Annualized
Total Return Ranking - Calendar
Period | FTGMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.6% | -58.1% | 80.6% | 74.41% |
2022 | -16.9% | -53.1% | 23.6% | 37.77% |
2021 | N/A | -55.3% | 69.8% | 77.35% |
2020 | N/A | -34.8% | 70.7% | 74.37% |
2019 | N/A | -38.0% | 30.8% | 41.63% |
NAV & Total Return History
FTGMX - Holdings
Concentration Analysis
FTGMX | Category Low | Category High | FTGMX % Rank | |
---|---|---|---|---|
Net Assets | 249 M | 92.3 K | 15.3 B | 35.88% |
Number of Holdings | 2 | 1 | 1315 | 96.98% |
Net Assets in Top 10 | 196 M | -82 M | 4.21 B | 29.21% |
Weighting of Top 10 | 69.15% | 3.7% | 100.0% | 6.12% |
Top 10 Holdings
- Fidelity Government Portfolio 69.66%
- E-mini SP 500 Future -0.51%
Asset Allocation
Weighting | Return Low | Return High | FTGMX % Rank | |
---|---|---|---|---|
Cash | 100.51% | -0.17% | 1041.68% | 45.76% |
Stocks | 0.00% | -169.40% | 100.14% | 47.77% |
Preferred Stocks | 0.00% | 0.00% | 18.93% | 41.87% |
Convertible Bonds | 0.00% | 0.00% | 10.56% | 37.41% |
Bonds | 0.00% | -332.80% | 45.33% | 51.37% |
Other | -0.51% | -895.56% | 38.46% | 44.32% |
FTGMX - Expenses
Operational Fees
FTGMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | N/A | 0.08% | 45.48% | 58.69% |
Management Fee | N/A | 0.00% | 2.94% | 74.43% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.03% | 1.47% | 44.14% |
Sales Fees
FTGMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
FTGMX 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.
FTGMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 0.00% | 496.00% | 100.00% |
FTGMX - Distributions
Dividend Yield Analysis
FTGMX | Category Low | Category High | FTGMX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.70% | 0.00% | 11.31% | 28.88% |
Dividend Distribution Analysis
FTGMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Annually | Annually |
Net Income Ratio Analysis
FTGMX | Category Low | Category High | FTGMX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -4.31% | 6.50% | 49.05% |
Capital Gain Distribution Analysis
FTGMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 28, 2023 | $0.082 | OrdinaryDividend |
Sep 29, 2023 | $0.080 | OrdinaryDividend |
Jun 30, 2023 | $0.094 | OrdinaryDividend |
Mar 31, 2023 | $0.025 | OrdinaryDividend |
Dec 29, 2022 | $0.123 | OrdinaryDividend |
Sep 30, 2022 | $0.057 | OrdinaryDividend |
Jun 30, 2022 | $0.050 | OrdinaryDividend |
Dec 26, 2018 | $0.108 | OrdinaryDividend |
Dec 26, 2013 | $0.032 | OrdinaryDividend |