- ISIN
- US35472P7942
- Issuer
- Franklin Templeton
- Inception Date
- Aug 14, 2003
- Category
- Global Allocation
- Min. Investment
- $100,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
FFAAX Performance Chart
Franklin Global Allocation Fund (FFAAX) is up 8.4% since the beginning of the year. FFAAX is currently trading at $18 per share. Investors who bought $1,000 worth of FFAAX shares 5 years ago would now be looking at an investment worth $1,518.
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Returns By Period
Franklin Global Allocation Fund (FFAAX) has returned 8.35% so far this year and 20.26% over the past 12 months. Over the last ten years, FFAAX has returned 7.87% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.
Franklin Global Allocation Fund
- 1D
- 0.93%
- 1M
- 1.36%
- YTD
- 8.35%
- 6M
- 8.23%
- 1Y
- 20.26%
- 3Y*
- 14.50%
- 5Y*
- 8.70%
- 10Y*
- 7.87%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FFAAX Monthly Returns History
Based on dividend-adjusted daily data since Aug 20, 2003, FFAAX's average daily return is +0.03%, while the average monthly return is +0.63%. At this rate, an investment would double in approximately 9.2 years.
Historically, 65% of months were positive and 35% were negative. The best month was Nov 2020 with a return of +12.0%, while the worst month was Oct 2008 at -16.5%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 6 months.
On a daily basis, FFAAX closed higher 51% of trading days. The best single day was Oct 13, 2008 with a return of +8.6%, while the worst single day was Oct 15, 2008 at -7.5%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 2.18% | 1.12% | -4.45% | 6.34% | 2.74% | 0.45% | 8.35% | ||||||
| 2025 | 2.22% | 0.56% | -2.65% | 0.95% | 3.52% | 2.88% | 0.42% | 2.40% | 2.52% | 1.20% | 0.28% | 0.99% | 16.24% |
| 2024 | 1.06% | 3.29% | 2.44% | -3.57% | 3.98% | 1.83% | 1.24% | 2.00% | 1.46% | -1.93% | 2.74% | -1.85% | 13.12% |
| 2023 | 4.48% | -2.56% | 2.70% | 0.75% | -1.34% | 3.02% | 1.93% | -1.75% | -3.56% | -1.69% | 7.19% | 3.90% | 13.24% |
| 2022 | -1.92% | -2.17% | 1.59% | -4.90% | 0.72% | -6.20% | 4.20% | -3.21% | -6.63% | 3.72% | 5.97% | -2.49% | -11.61% |
| 2021 | -1.03% | 0.74% | 2.51% | 2.59% | 1.33% | 0.73% | 0.63% | 1.24% | -2.79% | 3.44% | -1.22% | 3.43% | 12.01% |
Benchmark Metrics
Franklin Global Allocation Fund has an annualized alpha of 1.29%, beta of 0.60, and R2 of 0.76 versus S&P 500 Index. Calculated based on daily prices since August 20, 2003.
- This fund participated in 84.28% of S&P 500 Index downside but only 76.30% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.60 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 1.29%
- Beta
- 0.60
- R²
- 0.76
- Upside Capture
- 76.30%
- Downside Capture
- 84.28%
Expense Ratio
FFAAX has an expense ratio of 0.66%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FFAAX ranks 69 for risk / return — better than 69% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Franklin Global Allocation Fund (FFAAX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FFAAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.18 | ||
| Sortino ratioReturn per unit of downside risk | +0.38 | ||
| Omega ratioGain probability vs. loss probability | 1.42 | 1.37 | +0.05 |
| Calmar ratioReturn relative to maximum drawdown | 3.02 | 2.78 | +0.23 |
| Martin ratioReturn relative to average drawdown | 13.35 | 12.44 | +0.91 |
Dividends
Dividend History
Franklin Global Allocation Fund provided a 4.95% dividend yield over the last twelve months, with an annual payout of $0.91 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.91 | $0.89 | $0.21 | $0.27 | $0.59 | $0.14 | $1.04 | $0.47 | $0.54 | $0.47 | $0.32 | $0.39 |
Dividend yield | 4.95% | 5.12% | 1.33% | 1.88% | 4.66% | 0.90% | 7.65% | 3.24% | 4.24% | 3.19% | 2.40% | 3.22% |
Monthly Dividends
The table displays the monthly dividend distributions for Franklin Global Allocation Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.39 | $0.39 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.52 | $0.89 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.21 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.27 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.59 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Franklin Global Allocation Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Franklin Global Allocation Fund was 52.89%, occurring on Mar 9, 2009. Recovery took 962 trading sessions.
The current Franklin Global Allocation Fund drawdown is 0.11%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Financial crisis2007–2009 | -52.89%Mar 2009 | 1y 7mo | 3y 10mo | 5y 5moJul 2007 - Jan 2013 |
COVID crash2020 | -30.09%Mar 2020 | 1mo 29d | 9mo 15d | 11mo 14dJan 2020 - Dec 2020 |
2016 bear market2016 | -20.41%Feb 2016 | 8mo 25d | 9mo 29d | 1y 6moMay 2015 - Dec 2016 |
Bear market2022 | -18.17%Oct 2022 | 9mo 2d | 1y 3mo | 2y 9dJan 2022 - Jan 2024 |
Rate-hike selloffLate 2018 | -16.99%Dec 2018 | 10mo 29d | 11mo 27d | 1y 10moJan 2018 - Dec 2019 |
Drawdown Indicators
| FFAAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -52.89% | -56.78% | +3.89% |
Max Drawdown (1Y)Largest decline over 1 year | -6.64% | -9.10% | +2.46% |
Max Drawdown (3Y)Largest decline over 3 years | -10.89% | -18.90% | +8.01% |
Max Drawdown (5Y)Largest decline over 5 years | -18.17% | -25.43% | +7.26% |
Max Drawdown (10Y)Largest decline over 10 years | -30.09% | -33.92% | +3.83% |
Current DrawdownCurrent decline from peak | -0.11% | -1.80% | +1.69% |
Average DrawdownAverage peak-to-trough decline | -7.11% | -10.71% | +3.60% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.50% | 2.03% | -0.53% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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