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FTCOX

Franklin Corefolio Allocation Fund

As of 11/26/2025

NAV 1

$24.57

$0.15 (0.61%)
 

POP 2

$26.00

 
 

YTD Total Return At NAV 3

13.10%

 
As of 10/31/2025

Morningstar Overall Rating™ 4

Aggressive Allocation

Overview

Fund Description

Franklin Corefolio Allocation Fund seeks capital appreciation through a diversified, multidisciplined approach. It targets both growth and value style investments by investing in approximately equal allocations of 25% to Franklin Growth Opportunities Fund, Franklin Growth Fund, Franklin Mutual Shares Fund and Templeton Growth Fund.

Strategy Statement

"As a result of the strategies utilized by its underlying funds, we believe the fund provides a diversified approach across investing styles, offering potential for long-term growth."

Thomas Nelson, CFA®

Strategy & Benefits

Strategy
  • We invest in four underlying funds—Franklin Growth Opportunities Fund, Franklin Growth Fund, Templeton Growth Fund and Franklin Mutual Shares Fund.
  • These underlying funds form a portfolio consisting of both growth- and value-style stocks from around the world across a range of market capitalizations.
Benefits
  • Diversification. We typically seek broad industry and country exposures for added diversification opportunities.
  • Low Common Holdings. The distinct investment approaches of the underlying managers generally leads to a low number of holdings common to all four underlying funds.
  • Automatic Rebalancing. We maintain consistent exposures to distinct investment strategies throughout changing market environments.
Fund Information
Asset Class 
Multi-Asset
Share Class Inception Date 
08/15/2003
Fund Inception Date 
08/15/2003
Benchmark 
S&P 500 Index
Additional Benchmark 
MSCI World Index
Investment Style 
Target Risk
Lipper Classification 
Mixed-Asset Target Allocation Aggregate Growth Funds
Morningstar Category4 
Aggressive Allocation
Dividend Frequency, if any 
Semiannually
Total Net Assets  As of 10/31/2025 (Updated Monthly)
$1.04 Billion
Sales Charges, Expenses & Fees
As of 05/01/2025
Gross Expense Ratio5 
1.01%
Net Expense Ratio56 
1.01%
Maximum Initial Charge 
5.50%
CDSC7 
N/A
12b-1 Fee 
0.25%
Identifiers
Ticker 
FTCOX
Fund Number 
470
CUSIP Code 
35472P786

Portfolio Managers

Laura Green, CFA®

Connecticut, United States

Managed Fund Since 2025

Thomas Nelson, CFA®

Florida, United States

Managed Fund Since 2019

Berkeley Belknap

California, United States

Managed Fund Since 2021

Performance

Portfolio

Portfolio Holdings

Distributions & Tax

Distributions

Distribution Schedules

Dividend Frequency, if any This fund is an ex-Dividend fund
Semiannually
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

Current Year Distributions Per Share
Distributions with future dates are estimates and those figures are not final
Record Date  
12/29/2025
Ex-Dividend Date  
12/30/2025
Reinvestment Date  
12/30/2025
Payable Date  
12/30/2025
Reinvestment Amount  
Long-Term Capital Gains  
$0.1860-$0.2260 Estimates
Short-Term Capital Gains  
$0.0210-$0.0310 Estimates
Income  
Total Distribution Per Share  
Estimates
Record Date  
06/13/2025
Ex-Dividend Date  
06/16/2025
Reinvestment Date  
06/16/2025
Payable Date  
06/16/2025
Reinvestment Amount  
$22.83
Long-Term Capital Gains  
$1.4614
Short-Term Capital Gains  
$0.0116
Income  
$0.0039
Total Distribution Per Share  
$1.4769

Annually, a fund must distribute all realized capital gains net of realized losses, so the fund will not be subject to an entity level income tax. A fund’s capital gain distribution in a particular year may be a result of the disposition of holdings that appreciated in value during prior years. Thus, while the fund may gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund.

The distributable amount of net capital gains are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution and are recognized by the shareholder for tax purposes as of the ex-date of the distribution, regardless of when the gains or losses arose in the fund. Net gains on holdings held long term by the fund would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the fund.

Refer to the fund’s annual report or statement of additional information for specific information regarding distributions.

Tax Information

Tax Information

Federal ID Number 20-0046389
For information on tax years prior to 2008, please contact us
These amounts represent distributions paid by the fund, foreign taxes passed through (if any), and other distribution characteristics for the calendar year selected. These amounts are reported to shareholders on Form 1099-DIV.
Distributions per Share ($)
Record Date  
Jun 14
Ordinary Dividends  
0.0167
Qualified Dividends  
0.008988
Capital Gain Distributions  
0.9886
Unrecaptured Section 1250 Gain  
Non-Taxable Return Of Capital  
Section 199a Dividends  
Foreign Tax Paid  
Exempt Interest Dividends  
Interest on Tax Reclaim Refunds  
Record Date  
Jun 27
Ordinary Dividends  
0.0239
Qualified Dividends  
0.012863
Capital Gain Distributions  
Unrecaptured Section 1250 Gain  
Non-Taxable Return Of Capital  
Section 199a Dividends  
Foreign Tax Paid  
Exempt Interest Dividends  
Interest on Tax Reclaim Refunds  
Record Date  
Dec 27
Ordinary Dividends  
0.271096
Qualified Dividends  
0.145904
Capital Gain Distributions  
0.125
Unrecaptured Section 1250 Gain  
Non-Taxable Return Of Capital  
Section 199a Dividends  
Foreign Tax Paid  
0.003396
Exempt Interest Dividends  
Interest on Tax Reclaim Refunds  
Record Date  
Ordinary Dividends  
0.311696
Qualified Dividends  
0.167755
Capital Gain Distributions  
1.1136
Unrecaptured Section 1250 Gain  
Non-Taxable Return Of Capital  
Section 199a Dividends  
Foreign Tax Paid  
0.003396
Exempt Interest Dividends  
Interest on Tax Reclaim Refunds  
Supplemental Tax Information
Foreign Source Income 
10.76%
Foreign Source Qualified Dividends 
10.76%
Direct U.S. Government Obligations 
Specified Private Activity Bond Interest 
Dividends Received Deduction 
37.86%
Section 163(j) 
Indiana Resident Taxable Income 
Utah Resident Taxable Income 

Franklin Templeton and its specialized investment managers and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the promotion or marketing of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Each investor’s tax situation is different, and is based on an individual’s tax bracket, type of account used for investment and other factors. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.

Pricing

Pricing History Chart

As of 11/26/2025 Updated Daily

Daily Fund Prices and Breakpoints

As of 11/26/2025

Share Prices

As of 11/26/2025
NAV1 (Net Asset Value)
$24.57
NAV Change1 
$0.15
NAV Change (%)1 
0.61%
POP2 (Public Offering Price)
$26.00

52-Week Range

Highest NAV  As on 10/28/2025
$25.00
Lowest NAV  As on 04/08/2025
$19.97
POP and Sales Charge at Breakpoints

Investment

Sales Charge

POP

Less than $25,000 5.50%$26.00
$25,000 - $49,999 5.25%$25.93
$50,000 - $99,999 4.50%$25.73
$100,000 - $249,999 3.50%$25.46
$250,000 - $499,999 2.50%$25.20
$500,000 - $749,999 2.00%$25.07
$750,000 - $999,999 1.50%$24.94
POP and Sales Charge at Breakpoints
Investment  
Less than $25,000
Sales Charge  
5.50%
POP  
$26.00
Investment  
$25,000 - $49,999
Sales Charge  
5.25%
POP  
$25.93
Investment  
$50,000 - $99,999
Sales Charge  
4.50%
POP  
$25.73
Investment  
$100,000 - $249,999
Sales Charge  
3.50%
POP  
$25.46
Investment  
$250,000 - $499,999
Sales Charge  
2.50%
POP  
$25.20
Investment  
$500,000 - $749,999
Sales Charge  
2.00%
POP  
$25.07
Investment  
$750,000 - $999,999
Sales Charge  
1.50%
POP  
$24.94

Documents

Product Literature

PDF Format

Factsheet - Franklin Corefolio Allocation Fund

Regulatory Documents

PDF Format

Semi-Annual Report - Franklin Corefolio Allocation Fund - Class A

PDF Format

Annual Report - Franklin Corefolio Allocation Fund - Class A

PDF Format

Prospectus - Franklin Core Folio Allocation Fund

PDF Format

Summary Prospectus - Franklin Core Folio Allocation Fund

PDF Format

Statement of Additional Information - Franklin Core Folio Allocation Fund

Mailed hardcopies unavailable.

PDF Format

Fiscal Q1 Holdings - Franklin Fund Allocator Series

Mailed hardcopies unavailable.

PDF Format

Fiscal Q3 Holdings - Franklin Fund Allocator Series

Mailed hardcopies unavailable.

Risks

What Are the 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. The investment style may become out of favor, which may have a negative impact on performance. 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. These and other risks are discussed in the fund’s prospectus.

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