Franklin Growth Allocation Fund Class R
FGTRX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Franklin Templeton Fund Allocator Series DE United States of America
- IPO Date
- Dec 31, 2001
- CIK
- 0001022804
- Website
- franklintempleton.com
- Similar Companies
- Business
- Franklin Growth Allocation Fund Class R (FGTRX) is a mutual fund managed by Franklin Templeton Investment Solutions that seeks the highest level of long-term total return consistent with an acceptable level of risk by allocating assets primarily among a combination of affiliated Franklin Templeton mutual funds and exchange-traded funds; under normal market conditions, it targets approximately 80% to equity funds and 20% to fixed-income funds, with current asset allocation as of November 30, 2025, comprising 82.94% equity, 13.30% fixed income, 2.89% alternatives, and 0.86% cash equivalents. The fund invests in a diversified portfolio of underlying funds including Franklin U.S. Core Equity (IU) Fund Advisor (21.74%), Franklin Growth Series Class R6 (12.45%), Franklin International Core Equity (IU) Fund Advisor (10.89%), Franklin U.S. Equity Index ETF (9.35%), and Putnam Large Cap Value Fund Class R6 (7.33%), providing exposure across U.S. stocks (56.65%), non-U.S. stocks (22.75%), U.S. bonds (14.37%), and other assets. It pays quarterly dividends and semi-annual capital gains distributions in June and December, with a portfolio turnover rate of 33% and total net assets of approximately $1.50 billion. Incepted on December 31, 1996, with Class R shares launched on January 2, 2002, the fund is domiciled in the United States, available primarily to U.S. investors through financial advisors, with a minimum initial investment of $1,000 ($250 for IRAs), and classified in the Morningstar Moderately Aggressive Allocation category and Lipper Mixed-Asset Target Allocation Growth Funds. Portfolio management is led by Franklin Templeton Investment Solutions, with key managers including Thomas Nelson (since January 2012), Berkeley Revenaugh (since April 2021), and Laura Green (since January 2025). The fund benchmarks performance against the Linked Franklin Growth Allocation Fund Benchmark-NR, MSCI All Country World Index-NR, and Bloomberg Multiverse Index. Recent changes include the appointment of Laura Green as a portfolio manager effective January 31, 2025, enhancing the team's expertise in multi-asset strategies amid evolving market conditions such as U.S. Federal Reserve rate cuts and resolved trade tariff uncertainties in 2025. Franklin Templeton, the fund's sponsor, completed the acquisition of Apera Asset Management in November 2025, bolstering its global alternative credit capabilities to over $90 billion in assets under management, and launched the FLEX registered tender offer private equity secondaries fund in partnership with Lexington Partners in January 2025, expanding alternative investment offerings that complement the fund's diversified approach. These developments reflect Franklin Templeton's ongoing strategic expansions in alternatives and multi-asset solutions, with total firm alternatives assets reaching approximately $270 billion as of September 30, 2025.