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Managed Fund Since 2019
Multi-Asset
FAKZX Franklin Target 2027 529 Portfolio
Popular Documents
NAV
$15.23
As of 05/11/2026
POP
$15.23
YTD Total Returns
2.42%
Overview
Portfolio Facts
Portfolio Description
A Target Enrollment Portfolio approach is selecting a portfolio based upon the anticipated year in which withdrawals for Qualified Distributions are expected to begin. The investments of each Target Enrollment Portfolio will change over time to focus less on equity investments and more on risk management, as the applicable target year for the Target Enrollment Portfolio gets closer. After the specified target year for a Target Enrollment Portfolio is reached, the portfolio will consolidate into a Target Enrollment Portfolio designated as “Enrolled”.
- Total Net Assets
As of 04/30/2026 (Updated Monthly) - $778.11 Million
- Fund Inception Date
- 03/05/2019
- Share Class Inception Date
- 03/05/2019
- Investment Strategy
- Target Enrollment Year
Sales Charges, Expenses & Fees
- Estimated Underlying Fund Expense Ratio
- 0.16%
- Program Fee
- 0.25%
- Annual Sales Fee
- 0.00%
- Total Estimated Annual Asset-Based Fees
- 0.41%
- Maximum Initial Charge
- —
- CDSC
- N/A
Identifiers
- Ticker
- FAKZX
- Fund Number
- 6563
- CUSIP Code
- 64579A732
Average Annual Total Returns
Additional Portfolio Info
- Asset Class
- Multi-Asset
- Benchmark
- Blended Benchmark
- Additional Benchmark
- ICE BofA US 3-Month Treasury Bill Index
- Additional Benchmark
- MSCI EAFE Index
- Additional Benchmark
- Bloomberg U.S. Aggregate Index
- Additional Benchmark
- S&P 500 Index
- Investment Style
- Target Date
Manager
About the Team
Franklin Templeton Investment Solutions
Franklin Templeton Investment Solutions (FTIS) is a leader in multi-asset, quantitative, and hedged solutions, leveraging a global network of investment teams to offer innovative and diversified strategies. With a focus on long-term investing, we combine deep research, active management, and data-driven insights to create solutions which seek to meet the evolving needs of investors worldwide.
Franklin Templeton Investment Solutions
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Managed Fund Since 2025
![[Berkeley Belknaps avatar]](https://franklintempletonprod.widen.net/content/2rsgvwnpqu/webp/Belknap_Berkeley_500x500.png){kind=avatar}
Managed Fund Since 2021
![[Brendan Burnss avatar]](https://franklintempletonprod.widen.net/content/sfnyrjz01t/webp/Burns_Brendan_500x500.png){kind=avatar}
Managed Fund Since 2025
Latest Insights
May 8, 2026
April 7, 2026
March 26, 2026
March 25, 2026
Performance
Calendar Year Returns
As of
Ratings
Portfolio
Holdings
As of 03/31/2026 (Updated Monthly)
Frk US Core Bond ETF UNT SMUT USD NPV TIS# 42058
Frk US Treasury Bond ETF UNT SMUT USD NPV TIS# 42059
Frk US Core Equity Fund UNT SMUT USD NPV TIS# 41955
SHORT TERM INVESTMENT FUND DREYFUS CASH MGMT FUND
Vgd Total Bond Fund ETF UNT SMUT USD NPV TIS# 42068
Ishare Brd USD Inv Grd ETF UNT SMUT USD NPV TIS# 42066
Frk High Yield Corp ETF UNT SMUT USD NPV TIS# 42061
Frk Intl Core Equity Fund UNT SMUT USD NPV TIS# 41956
Frk Intl Aggr Bond ETF UNT SMUT USD NPV TIS# 42062
Putnam Lg Cap Growth Fund UNT SMUT USD NPV TIS# 42019
Pricing
Daily Fund Prices
As of 05/11/2026
Share Prices
As of 05/11/2026
- NAV
(Net Asset Value) - $15.23
- NAV Change
- $-0.02
- NAV Change (%)
- -0.10%
- POP
(Public Offering Price) - $15.23
52-Week Range
- Highest NAV
As of 05/08/2026 - $15.25
- Lowest NAV
As of 05/12/2025 - $13.59
Documents
Fund Literature
| Name | Download | Add to Cart | |
|---|---|---|---|
| Brochure - Franklin 529 College Savings Plan - Program Description | |||
| Flyer - Franklin 529 College Savings Plan Allocation and Expense Information | |||
| Flyer - Franklin 529 College Savings Plan Portfolio Performance Update | |||
| Flyer - Franklin Workplace 529 Program - Employer Overview |
Risks
All investments involve risks, including possible loss of principal. Investments in underlying funds are subject to the same risks as, and indirectly bear the fees and expenses of, the underlying funds. Equity securities are subject to price fluctuation and possible loss of principal. Fixed income securities involve interest rate, credit, inflation and reinvestment risks, and possible loss of principal. As interest rates rise, the value of fixed income securities falls. Low-rated, high-yield bonds are subject to greater price volatility, illiquidity and possibility of default. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets.
