NAV
$13.46
POP
$13.98
YTD Total Return At NAV
-1.10%
Overall Morningstar Rating
Rating Category: Moderately Conservative Allocation
The fund's overall Morningstar Rating measures risk-adjusted returns and is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) rating metrics.
Morningstar Style Box
| Large | Size | |||
|---|---|---|---|---|
| Medium | ||||
| Small | ||||
| Value | Blend | Growth | ||
| Style | ||||
Source: Morningstar®. The style box reveals a fund's investment style. For equity funds, the vertical axis shows the market capitalization of the long stocks owned, and the horizontal axis shows the investment style (value, blend, or growth). For fixed income funds, the vertical axis shows the credit quality based on credit ratings and the horizontal axis shows interest-rate sensitivity as measured by effective duration. Placement is determined by fund portfolio holding figures most recently entered into Morningstar's database and corresponding market conditions. Shaded areas show the past 3 years of quarterly data. Past performance does not guarantee future results.
Historical Morningstar Ratings
| Years | 3 |
| Ratings | |
| Number of Funds In Category | 208 |
| Years | 5 |
| Ratings | |
| Number of Funds In Category | 199 |
| Years | 10 |
| Ratings | |
| Number of Funds In Category | 160 |
©2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Overview
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
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Active monitoring and rebalancing serves to periodically adjust Fund allocation and holdings
Fund Information
Performance
- Average Annual Total Returns
- Calendar Year Returns
- Cumulative Total Returns
- Risk Measures
Average Annual Total Returns
Average Annual Total Returns
2026
Chart
Month End As of 02/28/2026 | 1 Year | 3 Years | 5 Years | 10 Years | Since Inception 02/05/1996 | |
|---|---|---|---|---|---|---|
| Class A - With Sales Charge (POP) (%) | 6.34 | 8.36 | 3.38 | 5.25 | 5.04 | |
| Class A - Without Sales Charge (NAV) (%) | 10.52 | 9.76 | 4.29 | 5.71 | 5.19 | |
| Russell 1000 Index (%) | 16.73 | 21.42 | 13.32 | 15.32 | 10.23 | |
| Bloomberg U.S. Aggregate Index (%) | 6.26 | 5.12 | 0.42 | 1.97 | 4.25 | |
| Composite Index (%) | 10.92 | 9.71 | 4.06 | 6.02 | — |
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.
Calendar Year Returns
Calendar Year Returns
Chart
Month End As of 02/28/2026 | YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | Performance Inception Date | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A - With Sales Charge (POP) (%) | -1.84 | 6.68 | 3.75 | 6.13 | -17.48 | 1.41 | 4.19 | 8.85 | -7.51 | 4.99 | 1.79 | 02/05/1996 | |
| Class A - Without Sales Charge (NAV) (%) | 1.98 | 10.80 | 7.77 | 10.28 | -13.81 | 5.87 | 8.79 | 13.64 | -3.40 | 9.69 | 6.32 | 02/05/1996 | |
| Russell 1000 Index (%) | 0.83 | 17.37 | 24.51 | 26.53 | -19.13 | 26.45 | 20.96 | 31.43 | -4.78 | 21.69 | 12.05 | — | |
| Bloomberg U.S. Aggregate Index (%) | 1.75 | 7.30 | 1.25 | 5.53 | -13.01 | -1.54 | 7.51 | 8.72 | 0.01 | 3.54 | 2.65 | — | |
| Composite Index (%) | 2.29 | 10.97 | 6.63 | 11.38 | -14.22 | 5.49 | 11.42 | 15.07 | -2.42 | 8.88 | 6.96 | — |
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.
Cumulative Total Returns
Cumulative Total Returns
The hypothetical growth scenario of $10,000 does not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. Had they been reflected hypothetical values would be lower.
1996
2026
Month End As of 02/28/2026 | YTD | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception 02/05/1996 | |
|---|---|---|---|---|---|---|---|---|
| Class A - With Sales Charge (POP) (%) | -1.84 | 6.34 | 27.23 | 18.10 | 66.78 | 100.26 | 338.60 | |
| Class A - Without Sales Charge (NAV) (%) | 1.98 | 10.52 | 32.24 | 23.34 | 74.22 | 109.08 | 358.11 | |
| Russell 1000 Index (%) | 0.83 | 16.73 | 78.99 | 86.84 | 316.08 | 567.59 | 1,775.56 | |
| Bloomberg U.S. Aggregate Index (%) | 1.75 | 6.26 | 16.17 | 2.11 | 21.58 | 45.09 | 249.73 | |
| Composite Index (%) | 2.29 | 10.92 | 32.04 | 22.02 | 79.44 | 128.18 | — |
Historical Cumulative Total Returns
2026
Month End As of 02/28/2026 | YTD | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception 02/05/1996 | |
|---|---|---|---|---|---|---|---|---|
| Class A - With Sales Charge (POP) (%) | -1.84 | 6.34 | 27.23 | 18.10 | 66.78 | 100.26 | 338.60 | |
| Class A - Without Sales Charge (NAV) (%) | 1.98 | 10.52 | 32.24 | 23.34 | 74.22 | 109.08 | 358.11 | |
| Russell 1000 Index (%) | 0.83 | 16.73 | 78.99 | 86.84 | 316.08 | 567.59 | 1,775.56 | |
| Bloomberg U.S. Aggregate Index (%) | 1.75 | 6.26 | 16.17 | 2.11 | 21.58 | 45.09 | 249.73 | |
| Composite Index (%) | 2.29 | 10.92 | 32.04 | 22.02 | 79.44 | 128.18 | — |
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.
If the sales charge (if applicable) had been included, the return would have been lower.
Risk Measures
Risk Measures
| Statistics | 3 Years | 5 Years | 10 Years |
|---|---|---|---|
| Alpha (%) | -3.67 | -4.08 | -2.34 |
| Beta | 0.55 | 0.52 | 0.45 |
| R-Squared | 0.81 | 0.83 | 0.81 |
| Historical Tracking Error | 6.16 | 8.11 | 9.07 |
| Information Ratio | -1.89 | -1.11 | -1.06 |
| Upside Capture Ratio | 47.47 | 42.08 | 38.67 |
| Downside Capture Ratio | 64.96 | 63.85 | 54.47 |
| Standard Deviation (%) | 3 Years | 5 Years | 10 Years |
|---|---|---|---|
| Class A - Without Sales Charge (NAV) | 7.23 | 8.72 | 7.69 |
| Sharpe Ratio (%) | 3 Years | 5 Years | 10 Years |
|---|---|---|---|
| Class A - Without Sales Charge (NAV) | 0.65 | 0.14 | 0.47 |
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.
Portfolio
Assets
Portfolio Allocations
Asset Allocation
Chart
| Fund | ||
|---|---|---|
| Fixed Income Funds | 56.72% | |
| US Large Cap Equity Funds | 29.60% | |
| International/Global Equity Funds | 2.71% | |
| Alternatives | 2.10% | |
| Cash | 8.87% |
Portfolio Holdings
Top Holdings
Chart
| Fund | ||
|---|---|---|
| Franklin U.S. Core Bond ETF | 38.34% | |
| BrandywineGLOBAL - Flexible Bond Fund | 13.02% | |
| Franklin US Large Cap Equity Fund | 11.14% | |
| Putnam Large Cap Value Fund | 6.60% | |
| Franklin High Yield Corporate ETF | 5.37% | |
| Putnam Large Cap Growth Fund | 4.85% | |
| ClearBridge Large Cap Growth Fund | 4.62% | |
| Templeton Developing Markets Trust | 3.09% | |
| Franklin BSP Lending Fund - R6 | 2.44% | |
| FRANKLIN SMALL CAP ENHANCED ET | 2.27% |
Distributions & Tax
- Distributions
- Tax Information
Distributions
Distribution Schedules
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
| Record Date | Ex-Dividend Date | Reinvestment Date | Payable Date | Reinvestment Amount | Long-Term Capital Gains | Short-Term Capital Gains | Income | Total Distribution Per Share |
|---|---|---|---|---|---|---|---|---|
| 12/29/2025 | 12/30/2025 | 12/30/2025 | 12/30/2025 | $13.65000 | $0.22622 | $0.00000 | $0.20245 | $0.42867 |
Historical Distributions Per Share
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
- 2013
- 2012
- 2011
- 2010
- 2009
- 2008
- 2007
- 2006
- 2005
- 2004
- 2003
- 2002
- 2001
- 2000
- 1999
- 1998
- 1997
- 1996
- Since Inception
| Record Date | Ex-Dividend Date | Reinvestment Date | Payable Date | Reinvestment Amount | Long-Term Capital Gains | Short-Term Capital Gains | Income | Total Distribution Per Share |
|---|---|---|---|---|---|---|---|---|
| 12/29/2025 | 12/30/2025 | 12/30/2025 | 12/30/2025 | $13.65 | $0.22622 | — | $0.202448 | $0.428668 |
| 09/29/2025 | 09/30/2025 | 09/30/2025 | 09/30/2025 | $13.82 | — | — | $0.092143 | $0.092143 |
| 06/27/2025 | 06/30/2025 | 06/30/2025 | 06/30/2025 | $13.40 | — | $0.04069 | $0.082012 | $0.122702 |
| 03/28/2025 | 03/31/2025 | 03/31/2025 | 03/31/2025 | $12.92 | — | — | $0.060146 | $0.060146 |
| 12/27/2024 | 12/30/2024 | 12/30/2024 | 12/30/2024 | $12.95 | — | — | $0.21962 | $0.21962 |
| 09/27/2024 | 09/30/2024 | 09/30/2024 | 09/30/2024 | $13.34 | — | — | $0.089545 | $0.089545 |
| 06/27/2024 | 06/28/2024 | 06/28/2024 | 06/28/2024 | $12.77 | — | — | $0.06717 | $0.06717 |
| 03/27/2024 | 03/28/2024 | 03/28/2024 | 03/28/2024 | $12.80 | — | — | $0.043844 | $0.043844 |
| 12/27/2023 | 12/28/2023 | 12/28/2023 | 12/28/2023 | $12.41 | — | — | $0.116141 | $0.116141 |
| 09/28/2023 | 09/29/2023 | 09/29/2023 | 09/29/2023 | $11.52 | — | — | $0.061161 | $0.061161 |
| 06/29/2023 | 06/30/2023 | 06/30/2023 | 06/30/2023 | $12.07 | — | — | $0.07197 | $0.07197 |
| 03/30/2023 | 03/31/2023 | 03/31/2023 | 03/31/2023 | $11.90 | — | — | $0.043432 | $0.043432 |
| 12/28/2022 | 12/29/2022 | 12/29/2022 | 12/29/2022 | $11.55 | — | — | $0.174451 | $0.174451 |
| 09/29/2022 | 09/30/2022 | 09/30/2022 | 09/30/2022 | $11.10 | — | — | $0.024618 | $0.024618 |
| 06/29/2022 | 06/30/2022 | 06/30/2022 | 06/30/2022 | $11.72 | $0.41641 | $0.00038 | $0.040969 | $0.457759 |
| 03/30/2022 | 03/31/2022 | 03/31/2022 | 03/31/2022 | $13.35 | — | — | $0.040827 | $0.040827 |
| 12/29/2021 | 12/30/2021 | 12/30/2021 | 12/30/2021 | $14.17 | $0.1019 | $0.00988 | $0.252967 | $0.364747 |
| 09/29/2021 | 09/30/2021 | 09/30/2021 | 09/30/2021 | $14.20 | — | — | $0.06758 | $0.06758 |
| 06/29/2021 | 06/30/2021 | 06/30/2021 | 06/30/2021 | $14.32 | $0.18661 | $0.0058 | $0.062355 | $0.254765 |
| 03/30/2021 | 03/31/2021 | 03/31/2021 | 03/31/2021 | $14.02 | — | — | $0.040871 | $0.040871 |
| 12/29/2020 | 12/30/2020 | 12/30/2020 | 12/30/2020 | $14.05 | $0.0272 | $0.0094 | $0.171637 | $0.208237 |
| 09/29/2020 | 09/30/2020 | 09/30/2020 | 09/30/2020 | $13.48 | — | — | $0.04464 | $0.04464 |
| 06/29/2020 | 06/30/2020 | 06/30/2020 | 06/30/2020 | $13.08 | $0.08198 | $0.01518 | $0.046441 | $0.143601 |
| 03/30/2020 | 03/31/2020 | 03/31/2020 | 03/31/2020 | $12.08 | — | — | $0.060955 | $0.060955 |
| 12/26/2019 | 12/27/2019 | 12/27/2019 | 12/27/2019 | $13.39 | — | — | $0.159585 | $0.159585 |
| 09/27/2019 | 09/30/2019 | 09/30/2019 | 09/30/2019 | $13.14 | — | — | $0.05358 | $0.05358 |
| 06/27/2019 | 06/28/2019 | 06/28/2019 | 06/28/2019 | $13.05 | $0.20395 | — | $0.067257 | $0.271207 |
| 03/28/2019 | 03/29/2019 | 03/29/2019 | 03/29/2019 | $12.96 | — | — | $0.061431 | $0.061431 |
| 12/26/2018 | 12/27/2018 | 12/27/2018 | 12/27/2018 | $12.21 | $0.04786 | $0.01144 | $0.160478 | $0.219778 |
| 09/26/2018 | 09/27/2018 | 09/27/2018 | 09/27/2018 | $13.02 | — | — | $0.069957 | $0.069957 |
| 06/27/2018 | 06/28/2018 | 06/28/2018 | 06/28/2018 | $12.85 | $0.15921 | $0.01197 | $0.063337 | $0.234517 |
| 03/27/2018 | 03/28/2018 | 03/28/2018 | 03/28/2018 | $13.11 | — | — | $0.052234 | $0.052234 |
| 12/27/2017 | 12/28/2017 | 12/28/2017 | 12/28/2017 | $13.28 | $0.7452 | $0.02179 | $0.153128 | $0.920118 |
| 09/28/2017 | 09/29/2017 | 09/29/2017 | 09/29/2017 | $13.94 | — | — | $0.059085 | $0.059085 |
| 06/29/2017 | 06/30/2017 | 06/30/2017 | 06/30/2017 | $13.73 | $0.07234 | — | $0.053918 | $0.126258 |
| 03/30/2017 | 03/31/2017 | 03/31/2017 | 03/31/2017 | $13.53 | — | — | $0.051908 | $0.051908 |
| 12/27/2016 | 12/28/2016 | 12/28/2016 | 12/28/2016 | $13.15 | — | — | $0.146897 | $0.146897 |
| 09/29/2016 | 09/30/2016 | 09/30/2016 | 09/30/2016 | $13.42 | — | — | $0.060919 | $0.060919 |
| 06/29/2016 | 06/30/2016 | 06/30/2016 | 06/30/2016 | $13.15 | — | — | $0.056474 | $0.056474 |
| 06/08/2016 | 06/09/2016 | 06/09/2016 | 06/09/2016 | $13.20 | $0.12636 | — | — | $0.12636 |
| 03/30/2016 | 03/31/2016 | 03/31/2016 | 03/31/2016 | $13.00 | — | — | $0.053894 | $0.053894 |
| 12/22/2015 | 12/23/2015 | 12/23/2015 | 12/23/2015 | $12.85 | — | — | $0.125357 | $0.125357 |
| 09/29/2015 | 09/30/2015 | 09/30/2015 | 09/30/2015 | $12.81 | — | — | $0.05446 | $0.05446 |
| 06/29/2015 | 06/30/2015 | 06/30/2015 | 06/30/2015 | $13.29 | — | — | $0.05407 | $0.05407 |
| 03/30/2015 | 03/31/2015 | 03/31/2015 | 03/31/2015 | $13.42 | — | — | $0.058161 | $0.058161 |
| 12/26/2014 | 12/29/2014 | 12/29/2014 | 12/29/2014 | $13.31 | — | — | $0.151033 | $0.151033 |
| 09/29/2014 | 09/30/2014 | 09/30/2014 | 09/30/2014 | $13.37 | — | — | $0.068818 | $0.068818 |
| 06/26/2014 | 06/27/2014 | 06/27/2014 | 06/27/2014 | $13.58 | — | — | $0.065749 | $0.065749 |
| 03/27/2014 | 03/28/2014 | 03/28/2014 | 03/28/2014 | $13.23 | — | — | $0.057691 | $0.057691 |
| 12/27/2013 | 12/30/2013 | 12/30/2013 | 12/30/2013 | $13.02 | — | — | $0.118335 | $0.118335 |
| 09/27/2013 | 09/30/2013 | 09/30/2013 | 09/30/2013 | $12.73 | — | — | $0.055531 | $0.055531 |
| 06/25/2013 | 06/26/2013 | 06/26/2013 | 06/26/2013 | $12.39 | — | — | $0.051249 | $0.051249 |
| 03/27/2013 | 03/28/2013 | 03/28/2013 | 03/28/2013 | $12.67 | — | — | $0.058895 | $0.058895 |
| 12/27/2012 | 12/28/2012 | 12/28/2012 | 12/28/2012 | $12.26 | — | — | $0.120829 | $0.120829 |
| 09/27/2012 | 09/28/2012 | 09/28/2012 | 09/28/2012 | $12.28 | — | — | $0.055364 | $0.055364 |
| 06/28/2012 | 06/29/2012 | 06/29/2012 | 06/29/2012 | $11.86 | — | — | $0.062853 | $0.062853 |
| 03/29/2012 | 03/30/2012 | 03/30/2012 | 03/30/2012 | $11.97 | — | — | $0.048855 | $0.048855 |
| 12/28/2011 | 12/29/2011 | 12/29/2011 | 12/29/2011 | $11.38 | $0.016305 | — | $0.101105 | $0.11741 |
| 09/29/2011 | 09/30/2011 | 09/30/2011 | 09/30/2011 | $10.94 | $0.010131 | — | $0.06282 | $0.072951 |
| 06/29/2011 | 06/30/2011 | 06/30/2011 | 06/30/2011 | $11.74 | $0.012257 | — | $0.076003 | $0.08826 |
| 03/30/2011 | 03/31/2011 | 03/31/2011 | 03/31/2011 | $11.75 | $0.00753 | — | $0.063829 | $0.071359 |
| 12/29/2010 | 12/30/2010 | 12/30/2010 | 12/30/2010 | $11.43 | — | — | $0.136172 | $0.136172 |
| 09/29/2010 | 09/30/2010 | 09/30/2010 | 09/30/2010 | $11.17 | — | — | $0.096489 | $0.096489 |
| 06/29/2010 | 06/30/2010 | 06/30/2010 | 06/30/2010 | $10.55 | — | — | $0.061399 | $0.061399 |
| 03/30/2010 | 03/31/2010 | 03/31/2010 | 03/31/2010 | $10.91 | — | — | $0.075691 | $0.075691 |
| 12/29/2009 | 12/30/2009 | 12/30/2009 | 12/30/2009 | $10.56 | — | — | $0.201997 | $0.201997 |
| 09/29/2009 | 09/30/2009 | 09/30/2009 | 09/30/2009 | $10.33 | — | — | $0.11586 | $0.11586 |
| 06/29/2009 | 06/30/2009 | 06/30/2009 | 06/30/2009 | $9.28 | — | — | $0.120629 | $0.120629 |
| 03/30/2009 | 03/31/2009 | 03/31/2009 | 03/31/2009 | $8.18 | — | — | $0.077311 | $0.077311 |
| 12/29/2008 | 12/30/2008 | 12/30/2008 | 12/30/2008 | $8.45 | — | — | $0.186283 | $0.186283 |
| 09/29/2008 | 09/30/2008 | 09/30/2008 | 09/30/2008 | $9.83 | — | — | $0.096573 | $0.096573 |
| 06/27/2008 | 06/30/2008 | 06/30/2008 | 06/30/2008 | $10.68 | — | — | $0.13672 | $0.13672 |
| 03/28/2008 | 03/31/2008 | 03/31/2008 | 03/31/2008 | $10.99 | — | — | $0.080423 | $0.080423 |
| 12/27/2007 | 12/28/2007 | 12/28/2007 | 12/28/2007 | $11.54 | — | — | $0.183763 | $0.183763 |
| 09/27/2007 | 09/28/2007 | 09/28/2007 | 09/28/2007 | $11.89 | — | — | $0.0888 | $0.0888 |
| 06/28/2007 | 06/29/2007 | 06/29/2007 | 06/29/2007 | $11.89 | — | — | $0.1381 | $0.1381 |
| 03/29/2007 | 03/30/2007 | 03/30/2007 | 03/30/2007 | $11.87 | — | — | $0.0647 | $0.0647 |
| 12/28/2006 | 12/29/2006 | 12/29/2006 | 12/29/2006 | $11.77 | — | — | $0.135782 | $0.135782 |
| 09/28/2006 | 09/29/2006 | 09/29/2006 | 09/29/2006 | $11.56 | — | — | $0.0915 | $0.0915 |
| 06/29/2006 | 06/30/2006 | 06/30/2006 | 06/30/2006 | $11.19 | — | — | $0.0773 | $0.0773 |
| 03/30/2006 | 03/31/2006 | 03/31/2006 | 03/31/2006 | $11.41 | — | — | $0.0761 | $0.0761 |
| 12/27/2005 | 12/28/2005 | 12/28/2005 | 12/30/2005 | $11.45 | — | — | $0.094033 | $0.094033 |
| 09/27/2005 | 09/28/2005 | 09/28/2005 | 09/30/2005 | $11.40 | — | — | $0.0768 | $0.0768 |
| 06/21/2005 | 06/22/2005 | 06/22/2005 | 06/24/2005 | $11.41 | — | — | $0.0832 | $0.0832 |
| 03/29/2005 | 03/30/2005 | 03/30/2005 | 03/31/2005 | $11.23 | — | — | $0.0777 | $0.0777 |
| 12/28/2004 | 12/29/2004 | 12/29/2004 | 12/31/2004 | $11.54 | — | — | $0.0831 | $0.0831 |
| 09/21/2004 | 09/22/2004 | 09/22/2004 | 09/24/2004 | $11.16 | — | — | $0.0795 | $0.0795 |
| 06/22/2004 | 06/23/2004 | 06/23/2004 | 06/25/2004 | $11.07 | — | — | $0.0825 | $0.0825 |
| 03/23/2004 | 03/24/2004 | 03/24/2004 | 03/26/2004 | $11.20 | — | — | $0.087 | $0.087 |
| 12/22/2003 | 12/23/2003 | 12/23/2003 | 12/26/2003 | $11.10 | — | — | $0.087 | $0.087 |
| 09/23/2003 | 09/24/2003 | 09/24/2003 | 09/26/2003 | $10.68 | — | — | $0.0935 | $0.0935 |
| 06/24/2003 | 06/25/2003 | 06/25/2003 | 06/27/2003 | $10.59 | — | — | $0.0935 | $0.0935 |
| 03/25/2003 | 03/26/2003 | 03/26/2003 | 03/28/2003 | $9.96 | — | — | $0.099 | $0.099 |
| 12/23/2002 | 12/24/2002 | 12/24/2002 | 12/27/2002 | $9.91 | — | — | $0.099 | $0.099 |
| 09/24/2002 | 09/25/2002 | 09/25/2002 | 09/27/2002 | $9.63 | — | — | $0.099 | $0.099 |
| 06/25/2002 | 06/26/2002 | 06/26/2002 | 06/28/2002 | $10.07 | — | — | $0.1092 | $0.1092 |
| 03/19/2002 | 03/20/2002 | 03/20/2002 | 03/22/2002 | $10.53 | — | — | $0.1092 | $0.1092 |
| 12/24/2001 | 12/26/2001 | 12/26/2001 | 12/28/2001 | $10.54 | $0.0331 | — | $0.251 | $0.2841 |
| 09/25/2001 | 09/26/2001 | 09/26/2001 | 09/28/2001 | $10.43 | — | — | $0.121 | $0.121 |
| 06/26/2001 | 06/27/2001 | 06/27/2001 | 06/29/2001 | $11.00 | — | — | $0.121 | $0.121 |
| 03/27/2001 | 03/28/2001 | 03/28/2001 | 03/30/2001 | $11.04 | — | — | $0.121 | $0.121 |
| 12/26/2000 | 12/27/2000 | 12/27/2000 | 12/29/2000 | $11.13 | — | — | $0.3692 | $0.3692 |
| 09/26/2000 | 09/27/2000 | 09/27/2000 | 09/29/2000 | $11.42 | — | — | $0.121 | $0.121 |
| 07/28/2000 | 07/28/2000 | — | 07/28/2000 | $11.55 | $0.2114 | — | — | $0.2114 |
| 06/27/2000 | 06/28/2000 | 06/28/2000 | 06/30/2000 | $11.71 | — | — | $0.121 | $0.121 |
| 03/28/2000 | 03/29/2000 | 03/29/2000 | 03/31/2000 | $11.74 | — | — | $0.121 | $0.121 |
| 12/28/1999 | 12/29/1999 | 12/29/1999 | 12/30/1999 | $11.59 | $0.0798 | — | $0.1895 | $0.2693 |
| 09/21/1999 | 09/22/1999 | 09/22/1999 | 09/24/1999 | $11.60 | — | — | $0.121 | $0.121 |
| 07/30/1999 | 07/30/1999 | — | 07/30/1999 | $11.85 | $0.1687 | — | — | $0.1687 |
| 06/22/1999 | 06/23/1999 | 06/23/1999 | 06/25/1999 | $11.90 | — | — | $0.121 | $0.121 |
| 03/23/1999 | 03/24/1999 | 03/24/1999 | 03/26/1999 | $11.86 | — | — | $0.121 | $0.121 |
| 12/31/1998 | 12/31/1998 | — | 12/31/1998 | $11.96 | $0.0365 | $0.0118 | — | $0.0483 |
| 12/22/1998 | 12/23/1998 | 12/23/1998 | 12/26/1998 | $12.03 | — | — | $0.1317 | $0.1317 |
| 09/22/1998 | 09/23/1998 | 09/23/1998 | 09/25/1998 | $11.57 | — | — | $0.148 | $0.148 |
| 07/31/1998 | 07/31/1998 | — | 07/31/1998 | $12.03 | $0.1848 | $0.0023 | — | $0.1871 |
| 06/23/1998 | 06/24/1998 | 06/24/1998 | 06/26/1998 | $12.27 | — | — | $0.1521 | $0.1521 |
| 03/24/1998 | 03/25/1998 | 03/25/1998 | 03/27/1998 | $12.39 | — | — | $0.1521 | $0.1521 |
| 12/23/1997 | 12/24/1997 | 12/24/1997 | 12/26/1997 | $12.59 | — | — | $0.1521 | $0.1521 |
| 12/24/1997 | 12/24/1997 | — | 12/24/1997 | $12.61 | $0.28 | $0.12 | — | $0.40 |
| 09/23/1997 | 09/24/1997 | 09/24/1997 | 09/26/1997 | $12.55 | — | — | $0.1521 | $0.1521 |
| 06/24/1997 | 06/25/1997 | 06/25/1997 | 06/27/1997 | $12.24 | — | — | $0.1521 | $0.1521 |
| 03/25/1997 | 03/26/1997 | 03/26/1997 | 03/28/1997 | $11.78 | — | — | $0.1521 | $0.1521 |
| 09/23/1996 | 09/24/1996 | 09/24/1996 | 09/26/1996 | $11.55 | — | — | $0.1521 | $0.1521 |
| 06/24/1996 | 06/25/1996 | 06/25/1996 | 06/27/1996 | $11.45 | — | — | $0.1521 | $0.1521 |
| 03/25/1996 | 03/26/1996 | 03/26/1996 | 03/28/1996 | $11.44 | — | — | $0.1621 | $0.1621 |
Tax Information
Tax Information
Federal ID Number 133862597
Distributions per Share ($)
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
- 2013
| Record Date | Ordinary Dividends | Qualified Dividends | 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 |
|---|---|---|---|---|---|---|---|---|---|
| Mar 28 | 0.060146 | 0.0067 | — | — | — | — | — | — | — |
| Jun 27 | 0.122702 | 0.013669 | — | — | — | — | — | — | — |
| Sep 29 | 0.092143 | 0.010265 | — | — | — | — | — | — | — |
| Dec 29 | 0.205057 | 0.022844 | 0.22622 | — | — | — | 0.002609 | — | — |
| 0.480048 | 0.053478 | 0.22622 | — | — | — | 0.002609 | — | — |
Supplemental Tax Information
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
Documents
Product Literature
Factsheet - Franklin Multi-Asset Defensive Growth Fund
Regulatory Documents
Semi-Annual Report - Franklin Multi-Asset Defensive Growth Fund - Class A
Annual Report - Franklin Multi-Asset Defensive Growth Fund - Class A
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
Mailed hardcopies unavailable.
Fiscal Q1 Holdings - Putnam Sustainable Retirement Funds
Fiscal Q3 Holdings - Franklin Multi-Asset Allocation Funds
Mailed hardcopies unavailable.
Risks
What Are the 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
Total Returns include change in share price, assume reinvestment of all distributions, and reflect the deduction of fund expenses and applicable fees. Total returns, distribution rate, and yields reflect any applicable expense reductions and fee waivers; without these reductions, the results would have been lower.
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.
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.
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.
Prior to August 7, 2021, the Fund was known as QS Defensive Growth Fund.
FINANCIAL ADVISORS: Please note that not all share classes may be available for sale at your firm. Please call Franklin Templeton at (800) DIAL BEN/342-5236 for more information.
Footnotes
©2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
Gross Expense Ratio reflects the total annual operating expenses for the share class shown, prior to the deduction of any waiver or reimbursement. Actual expenses may be higher and may impact portfolio returns. Net Expense Ratio reflects total expenses after any fee waivers, implemented expense caps or reimbursements. If a fund has contractual fee waivers, expense caps and/or reimbursements, the expiration date can be found by clicking on the information button next to the net expense ratio. Additional amounts may be voluntarily waived and/or reimbursed and may be modified or discontinued at any time without notice. Expense ratios are as of the most recent prospectus or annual report.
Net Expense Ratio represents the expense ratio applicable to investors.
For net asset value (NAV) purchases, a 1% contingent deferred sales charge (CDSC) may apply to shares redeemed within 18 months.