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FFALX Franklin Founding Funds Allocation A

  • Fund
  • FFALX
  • Price as of: Aug 08, 2016
  • $12.80
  • + $0.03
  • + 0.24%
  • Category
  • Diversified Portfolio

FFALX - Profile

Vitals

  • YTD Return 5.4%
  • 3 Yr Annualized Return 3.8%
  • 5 Yr Annualized Return 6.8%
  • Net Assets $4.73 B
  • Holdings in Top 10 99.7%

52 WEEK LOW AND HIGH

$12.80
$10.80
$13.03

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.41%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 3.79%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$250

Investment Themes

CATEGORY

Diversified Portfolio
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--70% to 85% Equity

Distributions

  • YTD Total Return 5.4%
  • 3 Yr Annualized Total Return 1.7%
  • 5 Yr Annualized Total Return 5.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.65%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Franklin Founding Funds Allocation Fund
  • Fund Family Name Franklin Templeton Investments
  • Inception Date Aug 15, 2003
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager T. Anthony Coffey

Fund Description

The Franklin Templeton Founding Funds Allocation Fund Class A (FFALX) is a passively managed, low-cost moderate-allocation fund that seeks to steadily grow investor capital over the long term. FFALX is a fund of funds, investing equally in three Franklin Templeton funds: the Franklin Income Fund, the Templeton Growth Fund and the Franklin Mutual Shares Fund. These funds provide exposure to a host of both domestic and international value equities and bonds.

Given FFALX’s broad mandate and fund of funds approach, it makes for a good core position for investors looking for a “set it and forget it” option. The fund is managed by Franklin Templeton Services LLC.

FFALX - Performance

Return Ranking - Trailing

Period FFALX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 5.4% -65.8% 22.5% 28.33% 2
1 Yr -1.7% -30.1% 18.0% 81.02% 5
3 Yr 3.8% * -14.0% 12.6% 66.98% 4
5 Yr 6.8% * -13.4% 12.2% 34.18% 2
10 Yr 4.2% * -5.6% 9.0% 77.15% 4

* Annualized


Return Ranking - Calendar

Period FFALX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -8.8% -61.2% 48.7% 66.67% 4
2014 N/A -11.0% 4.5% N/A N/A
2013 N/A -11.5% 25.9% N/A N/A
2012 N/A 5.1% 15.7% N/A N/A
2011 N/A -7.3% 5.7% N/A N/A

Total Return Ranking - Trailing

Period FFALX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 5.4% -65.8% 22.5% 28.68% 2
1 Yr -7.3% -30.1% 17.0% 90.58% 5
3 Yr 1.7% * -15.0% 12.6% 80.94% 5
5 Yr 5.6% * -13.7% 12.2% 50.09% 3
10 Yr 3.5% * -5.6% 9.0% 83.76% 5

* Annualized


Total Return Ranking - Calendar

Period FFALX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -8.8% -61.2% 48.7% 66.57% 4
2014 N/A -11.0% 9.6% N/A N/A
2013 N/A -4.1% 29.6% N/A N/A
2012 N/A 7.8% 20.7% N/A N/A
2011 N/A -3.5% 11.7% N/A N/A

NAV & Total Return History

FFALX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

FFALX Category Low Category High FFALX % Rank Quintile
Net Assets 4.73 B 81.4 K 102 B 2.19% 1
Number of Holdings 5 1 12089 14.92% 5
Net Assets in Top 10 4.72 B -654 M 19.5 B 0.96% 1
Weighting of Top 10 99.7% 0.0% 246.1% 1.24% 1

Top 10 Holdings

  1. Franklin Mutual Shares R6 33.77%
  2. Franklin Income R6 33.71%
  3. Templeton Growth R6 32.22%

Asset Allocation

Weighting Category Low Category High FFALX % Rank Quintile
Stocks
79.97% -3.90% 139.24% 2.15% 1
Bonds
11.88% -0.39% 98.35% 26.36% 5
Other
3.90% -9.98% 131.62% 6.22% 1
Cash
3.04% -80.76% 100.06% 23.39% 5
Preferred Stocks
1.09% -0.04% 36.35% 5.35% 1
Convertible Bonds
0.11% 0.00% 33.12% 6.36% 2

Stock Sector Breakdown

Weighting Category Low Category High FFALX % Rank Quintile
Financial Services
16.74% -5.44% 81.82% 1.35% 1
Healthcare
12.13% -0.78% 26.13% 2.18% 1
Technology
10.13% -11.24% 86.30% 6.87% 2
Energy
8.76% -3.72% 31.87% 2.09% 1
Consumer Cyclical
6.75% -6.71% 67.05% 10.68% 2
Industrials
6.64% -4.76% 59.46% 10.31% 2
Communication Services
5.07% -2.19% 32.13% 1.16% 1
Consumer Defense
4.93% -6.80% 33.05% 9.15% 2
Basic Materials
3.60% -3.08% 25.70% 4.50% 1
Utilities
1.99% -6.48% 56.47% 7.24% 2
Real Estate
0.43% -2.11% 51.75% 17.69% 4

Stock Geographic Breakdown

Weighting Category Low Category High FFALX % Rank Quintile
US
48.44% -123.16% 136.63% 9.70% 2
Non US
31.53% -2.43% 163.55% 1.01% 1

Bond Sector Breakdown

Weighting Category Low Category High FFALX % Rank Quintile
Corporate
12.89% 0.00% 93.84% 16.48% 3
Cash & Equivalents
3.02% -80.82% 157.26% 22.88% 4
Government
0.11% -160.96% 76.37% 25.95% 5
Municipal
0.10% 0.00% 137.36% 7.14% 3
Securitized
0.02% -0.01% 42.26% 22.20% 5
Derivative
-0.02% -84.53% 22.60% 3.07% 4

Bond Geographic Breakdown

Weighting Category Low Category High FFALX % Rank Quintile
US
10.24% -31.85% 93.68% 25.90% 5
Non US
1.64% -57.44% 70.46% 20.37% 4

FFALX - Expenses

Operational Fees

FFALX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.41% 0.00% 165.34% 17.22% 1
Management Fee 0.00% 0.00% 2.55% 5.50% 1
12b-1 Fee 0.25% 0.00% 1.00% 0.95% 3
Administrative Fee 0.03% 0.00% 0.83% 3.07% 1

Sales Fees

FFALX Fees (% of AUM) Category Low Category High FFALX Rank Quintile
Front Load 5.75% 0.14% 5.75% 0.23% 5
Deferred Load N/A 0.75% 5.50% N/A N/A

Trading Fees

FFALX Fees (% of AUM) Category Low Category High FFALX Rank Quintile
Max Redemption Fee N/A 0.11% 2.00% N/A N/A

Turnover 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.

FFALX Fees (% of AUM) Category Low Category High FFALX Rank Quintile
Turnover 3.79% 0.00% 5473.00% 14.77% 1

FFALX - Distributions

Dividend Yield Analysis

FFALX Category Low Category High FFALX % Rank Quintile
Dividend Yield 0.2% 0.00% 11.33% 33.79% 3

Dividend Distribution Analysis

FFALX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FFALX Category Low Category High FFALX % Rank Quintile
Net Income Ratio 2.65% -2.96% 9.94% 7.37% 1

Capital Gain Distribution Analysis

FFALX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

FFALX - Managers

T. Anthony Coffey

Manager

Start Date

Aug 15, 2003

Tenure

12.97

Tenure Rank

1.0%

Tony Coffey is a vice president and portfolio manager for Franklin Advisers, Inc. He manages fund of fund portfolios for Franklin Templeton Multi Asset Solutions, including the Franklin Templeton Fund Allocator Series, the Franklin LifeSmart Retirement Target funds, the Franklin Templeton Corefolio Allocation Fund and Franklin Templeton Founding Funds Allocation Fund. He also manages Franklin Real Return Fund and Franklin Templeton 529 College Savings Plan's age-based and risk-based portfolios. Prior to joining Franklin Templeton Investments in 1989, Mr. Coffey was an associate for Analysis Group, Inc., an economic consulting firm specializing in the use of economic analysis for litigation. He has 24 years of financial services industry experience. Mr. Coffey earned his B.A. in applied mathematics and economics from Harvard University and an M.B.A. from the University of California at Los Angeles. He is a Chartered Financial Analyst (CFA) Charterholder and has taught a review class for CFA candidates. He is a member of the CFA Society of San Francisco and the CFA Institute.


Tenure Analysis

Category Low

0.0

Category High

35.6

Category Average

5.33

Category Mode

1.6