FMTZX: Franklin Moderate Allocation Advisor

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FMTZX Franklin Moderate Allocation Advisor


Profile

FMTZX - Profile

Vitals

  • YTD Return -3.2%
  • 3 Yr Annualized Return -2.7%
  • 5 Yr Annualized Return -1.2%
  • Net Assets $1.79 B
  • Holdings in Top 10 83.7%

52 WEEK LOW AND HIGH

$14.60
$11.99
$16.35

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.38%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 71.70%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $100,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--50% to 70% Equity

Distributions

  • YTD Total Return -3.2%
  • 3 Yr Annualized Total Return -0.7%
  • 5 Yr Annualized Total Return 1.4%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 2.03%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Franklin Moderate Allocation Fund
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    Dec 01, 2005
  • Shares Outstanding
    3725690
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Thomas Nelson

Fund Description

The fund is a "fund of funds" meaning that it seeks to achieve its investment goal by investing its assets primarily in other funds, predominantly other Franklin Templeton mutual funds and exchange traded funds (underlying funds). The investment manager uses the following as a general guide in allocating the fund's assets among the broad asset classes: 60% equity funds; and 40% fixed-income funds. These percentages may be changed from time to time by the fund's investment manager without the approval of shareholders, and may vary up to 10% from these percentages of the fund's assets.


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Categories

Performance

FMTZX - Performance

Return Ranking - Trailing

Period FMTZX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.2% -33.7% 814.0% 52.25%
1 Yr -7.1% -38.0% 852.1% 75.20%
3 Yr -2.7%* -23.5% 10.9% 71.09%
5 Yr -1.2%* -14.9% 11.3% 59.03%
10 Yr 1.4%* -9.6% 17.6% 65.44%

* Annualized

Return Ranking - Calendar

Period FMTZX Return Category Return Low Category Return High Rank in Category (%)
2019 7.2% -28.6% 45.6% 83.20%
2018 -12.7% -93.5% 10.9% 66.71%
2017 8.3% -9.1% 28.6% 46.24%
2016 2.6% -43.7% 13.8% 57.35%
2015 -7.8% -19.4% 6.0% 62.55%

Total Return Ranking - Trailing

Period FMTZX Return Category Return Low Category Return High Rank in Category (%)
YTD -3.2% -33.7% 814.0% 52.25%
1 Yr -7.1% -38.0% 852.1% 75.87%
3 Yr -0.7%* -15.1% 120.2% 69.19%
5 Yr 1.4%* -12.6% 61.6% 58.38%
10 Yr 4.9%* -9.6% 17.6% 53.78%

* Annualized

Total Return Ranking - Calendar

Period FMTZX Return Category Return Low Category Return High Rank in Category (%)
2019 7.2% -12.0% 45.6% 83.31%
2018 -11.7% -32.7% 10.9% 77.23%
2017 15.2% -6.7% 28.6% 24.04%
2016 5.3% -43.7% 20.7% 52.06%
2015 -1.7% -14.9% 8.0% 31.28%

NAV & Total Return History


Holdings

FMTZX - Holdings

Concentration Analysis

FMTZX Category Low Category High FMTZX % Rank
Net Assets 1.79 B 2.08 M 104 B 30.56%
Number of Holdings 23 4 5257 62.08%
Net Assets in Top 10 1.5 B -720 M 19.5 B 21.42%
Weighting of Top 10 83.71% 5.9% 362.0% 29.71%

Top 10 Holdings

  1. Franklin Liberty US Core Bond ETF 17.26%
  2. Franklin Growth R6 13.76%
  3. Franklin U.S. Core Equity Advisor 13.07%
  4. Franklin LibertyQ US Equity ETF 11.49%
  5. Franklin Rising Dividends R6 6.91%
  6. iShares Core US Aggregate Bond ETF 5.73%
  7. Franklin International Core Equity Adv 5.08%
  8. Franklin Low Duration Total Return R6 4.85%
  9. Franklin Liberty Intl Aggt Bd ETF 3.26%
  10. Franklin Emerging Market Core Equity Adv 2.28%

Asset Allocation

Weighting Return Low Return High FMTZX % Rank
Stocks
60.54% -1.92% 79.86% 36.28%
Bonds
36.61% -285.12% 133.53% 39.78%
Cash
2.41% -43.77% 329.83% 81.86%
Convertible Bonds
0.31% 0.00% 17.43% 62.40%
Other
0.13% -10.60% 73.94% 49.84%
Preferred Stocks
0.00% 0.00% 38.96% 85.90%

Stock Sector Breakdown

Weighting Return Low Return High FMTZX % Rank
Technology
20.27% 0.00% 88.31% 15.13%
Healthcare
16.34% 0.00% 50.47% 18.31%
Industrials
14.00% 0.00% 22.11% 6.03%
Consumer Cyclical
10.34% 0.00% 28.65% 47.70%
Financial Services
9.79% 0.00% 33.22% 91.89%
Consumer Defense
8.55% 0.00% 25.50% 27.19%
Communication Services
7.34% 0.00% 43.54% 68.09%
Basic Materials
4.71% 0.00% 15.11% 16.89%
Utilities
3.08% 0.00% 33.86% 70.94%
Energy
2.86% 0.00% 92.64% 70.72%
Real Estate
2.72% 0.00% 80.86% 83.88%

Stock Geographic Breakdown

Weighting Return Low Return High FMTZX % Rank
US
44.99% -7.72% 61.94% 21.64%
Non US
15.55% -1.22% 54.24% 63.61%

Bond Sector Breakdown

Weighting Return Low Return High FMTZX % Rank
Government
36.86% 0.00% 88.46% 20.00%
Corporate
26.65% 0.00% 95.74% 59.34%
Securitized
22.08% 0.00% 66.01% 37.60%
Cash & Equivalents
10.00% -32.60% 100.00% 64.92%
Derivative
2.53% -0.67% 45.00% 28.31%
Municipal
1.89% 0.00% 31.37% 12.13%

Bond Geographic Breakdown

Weighting Return Low Return High FMTZX % Rank
US
28.00% -68.01% 91.30% 50.05%
Non US
8.61% -351.11% 68.74% 33.11%

Expenses

FMTZX - Expenses

Operational Fees

FMTZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.38% 0.01% 22.24% 81.89%
Management Fee 0.25% 0.00% 1.95% 56.22%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

FMTZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FMTZX 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.

FMTZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 71.70% 0.29% 496.00% 74.72%

Distributions

FMTZX - Distributions

Dividend Yield Analysis

FMTZX Category Low Category High FMTZX % Rank
Dividend Yield 0.00% 0.00% 4.49% 60.26%

Dividend Distribution Analysis

FMTZX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Net Income Ratio Analysis

FMTZX Category Low Category High FMTZX % Rank
Net Income Ratio 2.03% -1.38% 6.29% 42.19%

Capital Gain Distribution Analysis

FMTZX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

FMTZX - Fund Manager Analysis

Managers

Thomas Nelson


Start Date

Tenure

Tenure Rank

Jan 01, 2012

8.42

8.4%

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

Feb 15, 2019

1.29

1.3%

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
0.08 28.43 6.17 0.41