![[Brett S Goldsteins avatar]](https://franklintempletonprod.widen.net/content/knp0us84mw/webp/Goldstein_Brett_500x500.png){kind=avatar}
Managed Fund Since 2026
Multi-Asset
FAKVX Franklin Target 2033 529 Portfolio
Popular Documents
NAV
$62.08
As of 06/09/2026
POP
$62.08
YTD Total Returns
4.95%
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 05/31/2026 (Updated Monthly) - $461.16 Million
- Fund Inception Date
- 03/25/2003
- Share Class Inception Date
- 07/10/2017
- 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
- FAKVX
- CUSIP Code
- 645770827
- Fund Number
- 6560
Average Annual Total Returns As of 05/31/2026
Advisor Class
- 19.85%1 Year
- 16.69%3 Years
- 7.86%5 Years
- 9.61%10 Years
- 8.28%Since Inception
03/25/2003
Additional Portfolio Info
- Asset Class
- Multi-Asset
- Benchmark
- Blended Benchmark
- Additional Benchmark
- S&P 500 Index
- Additional Benchmark
- MSCI EAFE Index
- Additional Benchmark
- Bloomberg U.S. Aggregate 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
![[Laura Greens avatar]](https://franklintempletonprod.widen.net/content/tstchonqbc/webp/Green_Laura_500x500.png){kind=avatar}
Managed Fund Since 2025
![[Thomas Nelsons avatar]](https://franklintempletonprod.widen.net/content/wb0irvxlsv/webp/Nelson_Thomas_500x500.png){kind=avatar}
Managed Fund Since 2019
![[Brendan Burnss avatar]](https://franklintempletonprod.widen.net/content/sfnyrjz01t/webp/Burns_Brendan_500x500.png){kind=avatar}
Managed Fund Since 2025
Latest Insights
April 7, 2026
March 26, 2026
March 25, 2026
Performance
Average Annual Total Returns
As of 05/31/2026
Selected Month May 2026
Advisor Class With Sales Charge (POP) (%)
Month End
As of 05/31/2026
Advisor Class - Without Sales Charge (NAV) (%)
Month End
As of 05/31/2026
Blended Benchmark (%)
Month End
As of 05/31/2026
S&P 500 Index (%)
Month End
As of 05/31/2026
MSCI EAFE Index (%)
Month End
As of 05/31/2026
Bloomberg U.S. Aggregate Index (%)
Month End
As of 05/31/2026
Ratings
Portfolio
Holdings
As of 04/30/2026 (Updated Monthly)
Frk US Core Equity Fund UNT SMUT USD NPV TIS# 41955
Frk Intl Core Equity Fund UNT SMUT USD NPV TIS# 41956
Frk US Core Bond ETF UNT SMUT USD NPV TIS# 42058
Putnam Lg Cap Growth Fund UNT SMUT USD NPV TIS# 42019
Frk US Lg Cap Mult IDX ETF UNT SMUT USD NPV TIS# 42076
Frk US Equity Index ETF UNT SMUT USD NPV TIS# 42057
Frk US Treasury Bond ETF UNT SMUT USD NPV TIS# 42059
Putnam Lg Cap Value Fund UNT SMUT USD NPV TIS# 42020
Ishares Core MSCI EAFE ETF UNT SMUT USD NPV TIS# 42063
Clearbridge Intl Gwth Fund UNT SMUT USD NPV TIS A/C# 42252
Pricing
Daily Fund Prices
As of 06/09/2026
Share Prices
As of 06/09/2026
- NAV
(Net Asset Value) - $62.08
- NAV Change
- $-0.05
- NAV Change (%)
- -0.08%
- POP
(Public Offering Price) - $62.08
52-Week Range
- Highest NAV
As of 06/02/2026 - $63.34
- Lowest NAV
As of 06/20/2025 - $52.95
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.
