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FFALX Franklin Founding Funds Allocation A

  • Fund
  • FFALX
  • Price as of: Sep 17, 2019
  • $13.95 - $0.03 - 0.22%

FFALX - Profile

Vitals

  • YTD Return 10.5%
  • 3 Yr Annualized Return 2.9%
  • 5 Yr Annualized Return -0.4%
  • Net Assets $3.68 B
  • Holdings in Top 10 100.1%

52 WEEK LOW AND HIGH

$13.95
$12.47
$14.66

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.39%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 0.73%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$250

Fund Classification

PRIMARY CATEGORY

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

Distributions

  • YTD Total Return 10.5%
  • 3 Yr Annualized Total Return 5.0%
  • 5 Yr Annualized Total Return 2.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.66%
DIVIDENDS
  • Dividend Yield 1.7%
  • 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 240212591
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager May Tong

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 (%)
YTD 10.5% 3.7% 15.0% 24.39%
1 Yr -3.7% -11.4% 2.6% 78.05%
3 Yr 2.9%* -2.6% 4.1% 22.50%
5 Yr -0.4%* -4.4% 1.5% 35.29%
10 Yr 3.8%* -3.3% 4.6% 40.00%

* Annualized


Return Ranking - Calendar

Period FFALX Return Category Return Low Category Return High Rank in Category (%)
2018 -13.1% -19.2% -4.7% 90.24%
2017 7.9% 1.6% 11.2% 27.50%
2016 11.0% -1.6% 11.0% 5.13%
2015 -8.8% -9.6% -1.7% 79.41%
2014 -0.4% -29.5% 1.5% 22.58%

Total Return Ranking - Trailing

Period FFALX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.5% 3.7% 15.0% 24.39%
1 Yr -3.7% -11.4% 7.5% 78.05%
3 Yr 5.0%* -1.2% 9.1% 17.50%
5 Yr 2.2%* -3.6% 6.1% 47.06%
10 Yr 6.9%* -2.8% 9.0% 30.00%

* Annualized


Total Return Ranking - Calendar

Period FFALX Return Category Return Low Category Return High Rank in Category (%)
2018 -11.5% -15.8% -3.3% 85.37%
2017 11.2% 1.6% 14.8% 17.50%
2016 13.5% -1.6% 13.8% 5.13%
2015 -6.2% -9.6% 0.0% 73.53%
2014 2.9% -28.5% 6.8% 41.94%

NAV & Total Return History

FFALX - Holdings

Concentration Analysis

FFALX Category Low Category High FFALX % Rank
Net Assets 3.68 B 90.7 M 3.68 B 2.44%
Number of Holdings 4 4 54 90.24%
Net Assets in Top 10 3.83 B 87.9 M 3.83 B 2.44%
Weighting of Top 10 100.06% 73.5% 100.1% 2.44%

Top 10 Holdings

  1. Franklin Income R6 33.59%

  2. Franklin Mutual Shares R6 33.31%

  3. Templeton Growth R6 33.16%


Asset Allocation

Weighting Return Low Return High FFALX % Rank
Stocks
74.02% 17.63% 74.02% 2.44%
Bonds
17.68% 16.40% 69.25% 82.93%
Cash
4.52% 0.68% 11.16% 39.02%
Preferred Stocks
3.38% 0.00% 3.38% 2.44%
Convertible Bonds
0.40% 0.15% 1.03% 48.78%
Other
0.00% 0.00% 22.43% 90.24%

Stock Sector Breakdown

Weighting Return Low Return High FFALX % Rank
Financial Services
15.49% 2.63% 15.49% 2.44%
Healthcare
12.52% 1.88% 12.52% 2.44%
Energy
9.36% 1.35% 9.36% 2.44%
Technology
7.37% 2.39% 11.97% 39.02%
Consumer Defense
6.22% 1.43% 6.22% 2.44%
Communication Services
6.10% 0.62% 6.10% 2.44%
Consumer Cyclical
5.49% 1.72% 6.90% 39.02%
Industrials
5.36% 1.85% 7.63% 26.83%
Utilities
2.30% 0.60% 2.71% 9.76%
Basic Materials
1.68% 0.91% 3.40% 36.59%
Real Estate
1.15% 0.89% 11.26% 53.66%

Stock Geographic Breakdown

Weighting Return Low Return High FFALX % Rank
US
44.79% 9.97% 50.71% 9.76%
Non US
29.23% 7.01% 29.23% 2.44%

Bond Sector Breakdown

Weighting Return Low Return High FFALX % Rank
Corporate
18.00% 3.61% 29.60% 34.15%
Cash & Equivalents
4.14% -16.49% 9.17% 34.15%
Government
2.90% 2.90% 34.42% 90.24%
Derivative
0.00% -0.08% 27.66% 34.15%
Securitized
0.00% 0.00% 17.34% 90.24%
Municipal
0.00% 0.00% 1.33% 80.49%

Bond Geographic Breakdown

Weighting Return Low Return High FFALX % Rank
US
16.43% 12.99% 55.11% 82.93%
Non US
1.25% 1.25% 34.56% 90.24%

FFALX - Expenses

Operational Fees

FFALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.39% 0.00% 1.59% 63.41%
Management Fee 0.00% 0.00% 0.25% 12.20%
12b-1 Fee 0.25% 0.00% 1.00% 46.67%
Administrative Fee 0.03% 0.00% 0.47% 15.63%

Sales Fees

FFALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 4.50% 5.75% 50.00%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FFALX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A 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 Return Low Category Return High Rank in Category (%)
Turnover 0.73% 0.73% 88.00% 2.56%

FFALX - Distributions

Dividend Yield Analysis

FFALX Category Low Category High FFALX % Rank
Dividend Yield 1.66% 0.00% 2.20% 9.76%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

FFALX Category Low Category High FFALX % Rank
Net Income Ratio 2.66% -0.99% 3.33% 26.83%

Capital Gain Distribution Analysis

FFALX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

FFALX - Managers

May Tong

Manager

Start Date

Tenure

Tenure Rank

Feb 15, 2019

0.54

0.5%

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.


Thomas A. Nelson

Manager

Start Date

Tenure

Tenure Rank

Feb 15, 2019

0.54

0.5%

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.


Tenure Analysis

Category Low

0.54

Category High

15.7

Category Average

3.9

Category Mode

5.34