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)	0.44
Dividend Yield	3.20%
Dividend Growth	-2.13%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 30, 2026

Previous Close	13.79
YTD Return	5.63%
1-Year Return	9.60%
5-Year Return	20.84%
52-Week Low	13.24
52-Week High	14.24
Beta (5Y)	0.39
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.

• Fund Family: Franklin Templeton Investments
• Category: Allocation--30% to 50% Equity
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: SBCPX
• Share Class: Class A
• Index: Bloomberg U.S. Aggregate Bond TR

Performance

SBCPX had a total return of 9.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.06%.

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% I	0.51%
FTTNX	Fidelity	Fidelity Advisor Asset Manager 30% - Class M	1.02%
FTAWX	Fidelity	Fidelity Advisor Asset Manager 20% A	0.76%
FIKWX	Fidelity	Fidelity Advisor Asset Manager 30% Z	0.47%
FHLSX	Fidelity	Fidelity Health Savings Fund	0.49%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
LMGIX	Class I	0.84%
LMLRX	Class R	1.39%
LWLAX	Class C	1.92%
LMGSX	Class Is	0.61%

Top 10 Holdings

90.02% of assets

Name	Symbol	Weight
Franklin U.S Core Bond ETF	FLCB	34.09%
BrandywineGLOBAL Flexible Bond IS	LFLSX	12.90%
Franklin U.S. Large Cap Equity IS	LMISX	12.16%
Putnam Large Cap Growth R6	PGOEX	7.79%
Putnam Large Cap Value R6	PEQSX	6.67%
Franklin U.S. Treasury Bond ETF	FLGV	5.51%
Franklin International Equity IS	LIESX	2.84%
Franklin High Yield Corporate ETF	FLHY	2.79%
Templeton Emerging Markets Equity R6	FDEVX	2.78%
Franklin BSP Lending Fund	FBREX	2.50%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 30, 2026	$0.08501	Jun 30, 2026
Mar 31, 2026	$0.0621	Mar 31, 2026
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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