Franklin Conservative Allocation Fund Advisor Class (FTCZX)
| Fund Assets | 875.31M |
| Expense Ratio | 0.62% |
| Min. Investment | $1,000 |
| Turnover | 40.01% |
| Dividend (ttm) | 0.92 |
| Dividend Yield | 6.14% |
| Dividend Growth | 138.35% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 14.95 |
| YTD Return | 1.77% |
| 1-Year Return | 12.42% |
| 5-Year Return | 25.35% |
| 52-Week Low | 12.47 |
| 52-Week High | 15.02 |
| Beta (5Y) | 0.55 |
| Holdings | 22 |
| Inception Date | Dec 1, 2005 |
About FTCZX
Franklin Conservative Allocation Fund Advisor Class is a target-risk mutual fund designed to provide a balanced approach to growth and income for investors seeking moderate capital appreciation with an emphasis on risk management. The fund operates as a "fund of funds," meaning it invests in a diversified mix of underlying mutual funds and exchange-traded funds, primarily those affiliated with Franklin Templeton. Its portfolio is typically allocated around 40% to equity funds and 60% to fixed income funds, reflecting its conservative strategy focused on reducing volatility and preserving capital. Sector exposures include information technology, financials, healthcare, and consumer discretionary, while the fixed income portion covers both U.S. and global bonds. The fund distributes dividends quarterly and has a long track record since its inception in 2005. With over $800 million in assets, its benchmark blending equity and fixed-income indices underscores its role as a core conservative holding for individuals with shorter investment horizons or lower risk tolerance. The portfolio's relatively low beta and standard deviation further emphasize its priority on stability and risk-adjusted returns within the moderately conservative allocation category.
Performance
FTCZX had a total return of 12.42% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.41%.
Top 10 Holdings
85.12% of assets| Name | Symbol | Weight |
|---|---|---|
| Franklin U.S Core Bond ETF | FLCB | 22.69% |
| Franklin U.S. Core Equity (IU) Fund Advisor | FCEUX | 16.04% |
| Franklin U.S. Treasury Bond ETF | FLGV | 11.47% |
| Franklin Investment Grade Corporate ETF | FLCO | 11.07% |
| Franklin Growth Series Class R6 | FIFRX | 5.13% |
| Franklin International Core Equity (IU) Fund Advisor | FCENX | 4.52% |
| Putnam Large Cap Value Fund Class R6 | PEQSX | 4.26% |
| Franklin U.S. Large Cap Multifactor Index ETF | FLQL | 3.78% |
| BrandywineGLOBAL - Global Opportunities Bond Fund Class IS | GOBSX | 3.76% |
| Franklin Emerging Market Core Equity (IU) Fund Advisor | FCEEX | 2.40% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.5415 | Dec 30, 2025 |
| Sep 30, 2025 | $0.0972 | Sep 30, 2025 |
| Jun 30, 2025 | $0.1128 | Jun 30, 2025 |
| Jun 16, 2025 | $0.062 | Jun 16, 2025 |
| Mar 31, 2025 | $0.1058 | Mar 31, 2025 |
| Dec 30, 2024 | $0.098 | Dec 30, 2024 |