Franklin Templeton 529 College Savings Plan - Target 2039 529 Portfolio Fund (FAYAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
12.31
0.00 (0.00%)
At close: Feb 17, 2026
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YTD Return0.98%
1-Year Return16.24%
5-Year Returnn/a
52-Week Low9.45
52-Week High12.44
Beta (5Y)n/a
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Inception Daten/a

About FAYAX

Franklin Target 2039 529 Portfolio A is a multi-asset investment portfolio specifically designed for individuals saving for higher education expenses, typically through 529 college savings plans. The portfolio operates as a target-date fund, structured to align its investment strategy with an anticipated college enrollment year of 2039. Its primary function is to provide a diversified, professionally managed investment vehicle that automatically adjusts its asset allocation over time: it starts with a high allocation to equities for potential growth and gradually shifts toward bonds and more conservative assets as the target date approaches. This glide path is intended to manage risk as beneficiaries near college age. Franklin Target 2039 529 Portfolio A is particularly suited for individuals or families planning to fund educational costs for young children, offering exposure to multiple asset classes such as domestic and international equities and fixed income securities. The portfolio plays a central role in helping families systematically save and invest for future education expenses within the framework of a 529 plan, while benefiting from the underlying expertise and resources of Franklin Templeton as a manager.

Stock Exchange NASDAQ
Ticker Symbol FAYAX

Performance

FAYAX had a total return of 16.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 17.78%.