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Managed Fund Since 2021
Multi-Asset
SBCPX Franklin Multi-Asset Defensive Growth Fund
Popular Documents
Overview
Fund Facts
Fund description
Seeks to achieve income with a secondary focus on long term capital growth. Uses a "fund of funds" approach to provide exposure to multiple asset classes and strategies, including non-traditional, with equity ranges of between 15% and 45%, and 55% to 85% in fixed income strategies. Active monitoring and rebalancing serves to periodically adjust Fund allocation and holdings.
- Benchmark
- Russell 1000 Index
- Additional Benchmark
- Bloomberg U.S. Aggregate Index
- Additional Benchmark
- Composite Index
- Fund Inception Date
- 02/05/1996
- Dividend Frequency, if any
- Quarterly
Identifiers
- Ticker
- SBCPX
- Fund Number
- 7541
- CUSIP Code
- 52467P853
Average Annual Total Returns As of 10/31/2025
Class A
- 6.46%1 Year
- 9.05%3 Years
- 4.13%5 Years
- 4.59%10 Years
- 5.01%Since Inception
02/05/1996
Performance data quoted represents past performance, which does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the figures shown.
Top Asset Allocation
As of 10/31/2025 % of Total (Updated Monthly)
Additional Fund Info
- Share Class Inception Date
- 02/05/1996
- Investment Style
- Asset Allocation
- Lipper Classification
- Mixed-Asset Target Allocation Conservative Funds
- Morningstar Category
- Moderately Conservative Allocation
Manager and Commentary
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 2021
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Managed Fund Since 2025
Latest Insights
November 7, 2025
October 13, 2025
July 17, 2025
Performance
Average Annual Total Returns
As of 10/31/2025
Selected Month October 2025
Class A - With Sales Charge (POP) (%)
Month End
As of 10/31/2025
Class A - Without Sales Charge (NAV) (%)
Month End
As of 10/31/2025
Russell 1000 Index (%)
Month End
As of 10/31/2025
Bloomberg U.S. Aggregate Index (%)
Month End
As of 10/31/2025
Composite Index (%)
Month End
As of 10/31/2025
Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized.
Ratings 7
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Portfolio
Assets
As of10/31/2025 (Updated Monthly)
- Total Net Assets
- $106.05 Million
Asset Allocation
As of 10/31/2025 % of Total (Updated Monthly)
| Holdings | Fund |
|---|---|
Fixed Income Funds | 58.16% |
US Large Cap Equity Funds | 29.34% |
International/Global Equity Funds | 4.43% |
US Small/Mid-Cap Equity Funds | 2.24% |
Alternatives | 2.01% |
Cash | 3.81% |
Holdings
As of 10/31/2025 (Updated Monthly)
Franklin U.S. Core Bond ETF
BrandywineGLOBAL - Flexible Bond Fund
Franklin US Large Cap Equity Fund
ClearBridge Large Cap Growth Fund
Putnam Large Cap Value Fund
Franklin High Yield Corporate ETF
ClearBridge Appreciation Fund
Franklin International Equity Fund
Putnam Large Cap Growth Fund
Franklin Systematic Style Premia ETF
Distributions & Tax
- Distribution Frequency
- QuarterlyThis fund is an ex-Dividend fund
- Capital Gain Distributions
- June, December
Final composition of the current year’s distribution—income, capital gains and/or return of capital—are based on US tax rules and will be determined by February of the following year. For tax characterization of a distribution, such as return of capital and tax-exempt income, click on the “Tax Information” tab above.
Distributions Per Share
12/29/2025
09/29/2025
06/27/2025
03/28/2025
Pricing
Documents
Fund Literature
| Name | Download | Add to Cart | |
|---|---|---|---|
| Factsheet - Franklin Multi-Asset Defensive Growth Fund |
Regulatory Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Annual Report - Franklin Multi-Asset Defensive Growth Fund - Class A | |||
| Annual Financial Statements and Other Information - Franklin Multi-Asset Allocation Funds | |||
| Semi-Annual Report - Franklin Multi-Asset Defensive Growth Fund - Class A | |||
| Semi-Annual Financial Statements and Other Information - Franklin Multi-Asset Allocation Funds | |||
| Prospectus - Franklin Multi-Asset Allocation Funds | |||
| Summary Prospectus - Franklin Multi-Asset Defensive Growth Fund | |||
| Statement of Additional Information - Legg Mason Partners Variable Equity Trust Book 1 | |||
| Fiscal Q1 Holdings - Putnam Sustainable Retirement Funds | |||
| Fiscal Q3 Holdings - Franklin Multi-Asset Allocation Funds |
Risks
All investments involve risks, including possible loss of principal. Equity securities are subject to price fluctuation and possible loss of principal. Small- and mid-cap stocks involve greater risks and volatility than large-cap stocks. 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. 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. Investments in underlying funds are subject to the same risks as, and indirectly bear the fees and expenses of, the underlying funds. Active and frequent trading may increase a shareholder’s tax liability and transaction costs. To the extent the portfolio invests in a concentration of certain securities, regions or industries, it is subject to increased volatility. Short selling is a speculative strategy. Unlike the possible loss on a security that is purchased, there is no limit on the amount of loss on an appreciating security that is sold short. The allocation of assets among different strategies, asset classes and investments may not prove beneficial or produce the desired results. Derivative instruments can be illiquid, may disproportionately increase losses, and have a potentially large impact on performance. These and other risks are discussed in the fund’s prospectus.
Important Information
Most funds offer multiple share classes. Share classes are subject to different fees and expenses, which will affect their performance.
Certain share classes are only offered to eligible investors as stated in the prospectus. Different minimums may apply to clients of certain service agents. All classes of shares are not available through all distribution channels. See the Fund's prospectus for additional information.
Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the funds are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
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Important data provider notices and terms available at www.franklintempletondatasources.com.
Performance data quoted represents past performance, which does not guarantee future results.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
The Russell 1000 Index measures the performance of the large-cap segment of the U.S. equity universe.
Source: FTSE.
The Bloomberg U.S. Aggregate Index is comprised of investment-grade, U.S. dollar-denominated government, corporate, and mortgage- and asset-backed issues having at least one year to maturity.
Source: Bloomberg Indices.
The Composite Index is a hypothetical representation of the performance of the fund’s major asset classes. It consists of 17% Russell 1000 Index, 7% Russell 2000 Index, 6% MSCI EAFE Index, 60% Bloomberg U.S. Aggregate Bond Index and 10% Bloomberg U.S. High Yield - 2% Issuer Cap Index.
The Russell 1000 Index measures the performance of the large-cap segment of the U.S. equity universe. The Russell 2000 Index measures the performance of the small-cap segment of the U.S. equity universe. The MSCI EAFE Index is a free float-adjusted market-capitalization index designed to measure developed market equity performance, excluding the U.S. and Canada. The Bloomberg U.S. Aggregate Bond Index is comprised of investment-grade, U.S. dollar-denominated government, corporate, and mortgage- and asset-backed issues having at least one year to maturity. The Bloomberg U.S. High Yield - 2% Issuer Cap is the 2% Issuer Cap component of the Bloomberg U.S. Corporate High Yield Index, which covers the universe of fixed-rate, non-investment-grade debt.
Source: FTSE. MSCI makes no warranties and shall have no liability with respect to any MSCI data reproduced herein. No further redistribution or use is permitted. This report is not prepared or endorsed by MSCI. Bloomberg Indices.
Investors should carefully consider a fund's investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.
Prior to August 7, 2021, the Fund was known as QS Defensive Growth Fund.