Franklin Multi-Asset Defensive Growth Fund A (SBCPX)
| Fund Assets | 104.92M |
| Expense Ratio | 1.16% |
| Min. Investment | $1,000 |
| Turnover | 94.00% |
| Dividend (ttm) | 0.70 |
| Dividend Yield | 4.90% |
| Dividend Growth | 67.47% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 13.78 |
| YTD Return | -2.33% |
| 1-Year Return | 6.06% |
| 5-Year Return | 14.23% |
| 52-Week Low | 12.18 |
| 52-Week High | 14.39 |
| Beta (5Y) | n/a |
| Holdings | 21 |
| Inception Date | Feb 5, 1996 |
About SBCPX
Franklin Multi-Asset Defensive Growth Fund A is a mutual fund designed primarily to generate income, with a secondary objective of long-term capital growth. The fund employs a "fund of funds" strategy, allocating its assets across multiple underlying Franklin Templeton funds to achieve broad diversification. It typically maintains a portfolio balance of 15%–45% in equities and 55%–85% in fixed income investments, which supports a more conservative risk profile suitable for investors seeking stability alongside moderate growth potential. The fund’s active asset allocation and periodic rebalancing enable dynamic responses to changing market conditions, aiming to optimize risk-adjusted returns over time. This structure positions the fund as part of the moderately conservative allocation category, making it relevant for individuals prioritizing income generation while still participating in growth opportunities across various market sectors. With a long operational history since 1996 and quarterly dividend distributions, the Franklin Multi-Asset Defensive Growth Fund A plays a significant role for investors seeking a professionally managed, multi-asset approach to moderate risk and income needs within the broader mutual fund market.
Performance
SBCPX had a total return of 6.06% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.42%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FTIWX | Fidelity | Fidelity Advisor Asset Manager 20% - Class I | 0.52% |
| FTTNX | Fidelity | Fidelity Advisor Asset Manager 30% - Class M | 1.04% |
| FCANX | Fidelity | Fidelity Advisor Asset Manager 30% - Class C | 1.54% |
| FTAWX | Fidelity | Fidelity Advisor Asset Manager 20% - Class A | 0.77% |
| FIKWX | Fidelity | Fidelity Advisor Asset Manager 30% - Class Z | 0.48% |
Top 10 Holdings
91.07% of assets| Name | Symbol | Weight |
|---|---|---|
| Franklin U.S Core Bond ETF | FLCB | 38.44% |
| BrandywineGLOBAL - Flexible Bond Fund Class IS | LFLSX | 13.38% |
| Franklin U.S. Large Cap Equity Fund IS | LMISX | 10.34% |
| ClearBridge Large Cap Growth Fund Class IS | LSITX | 7.80% |
| Putnam Large Cap Value Fund Class R6 | PEQSX | 6.36% |
| Franklin High Yield Corporate ETF | FLHY | 5.41% |
| Franklin International Equity Fund IS | LIESX | 2.56% |
| Putnam Large Cap Growth Fund Class R6 | PGOEX | 2.36% |
| Franklin BSP Lending Fund | FBREX | 2.36% |
| Franklin Systematic Style Premia ETF | FLSP | 2.06% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.42867 | Dec 30, 2025 |
| Sep 30, 2025 | $0.09214 | Sep 30, 2025 |
| Jun 30, 2025 | $0.1227 | Jun 30, 2025 |
| Mar 31, 2025 | $0.06015 | Mar 31, 2025 |
| Dec 30, 2024 | $0.21962 | Dec 30, 2024 |
| Sep 30, 2024 | $0.08955 | Sep 30, 2024 |