Franklin Multi-Asset Defensive Growth Fund (SBCPX)
The fund is a fund of funds—it invests in other mutual funds and may also invest in exchange-traded funds (“ETFs”). It is managed as an asset allocation program and allocates its assets among mutual funds and ETFs managed by the manager and its affiliates. The portfolio managers will allocate between 15% to 45% of the fund's assets to underlying funds that invest in equity and equity-like strategies and between 55% to 85% of the fund's assets to underlying funds that invest in fixed income strategies.
Fund Info
US52467P8538
52467P853
Feb 4, 1996
$1,000
Large-Cap
Blend
Expense Ratio
SBCPX features an expense ratio of 0.52%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Franklin Multi-Asset Defensive Growth Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Franklin Multi-Asset Defensive Growth Fund had a return of 2.71% year-to-date (YTD) and 10.07% in the last 12 months. Over the past 10 years, Franklin Multi-Asset Defensive Growth Fund had an annualized return of 2.47%, while the S&P 500 had an annualized return of 11.31%, indicating that Franklin Multi-Asset Defensive Growth Fund did not perform as well as the benchmark.
SBCPX
2.71%
1.68%
2.61%
10.07%
2.25%
2.47%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of SBCPX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.86% | 2.71% | |||||||||||
| 2024 | 0.24% | 1.37% | 2.02% | -3.44% | 3.07% | 0.76% | 2.04% | 1.69% | 1.36% | -1.80% | 2.67% | -2.24% | 7.77% |
| 2023 | 4.52% | -2.83% | 2.17% | 0.50% | -1.17% | 2.73% | 1.33% | -1.72% | -3.65% | -2.26% | 6.22% | 4.56% | 10.28% |
| 2022 | -2.47% | -1.95% | -1.10% | -4.79% | 0.31% | -7.77% | 4.52% | -2.94% | -6.44% | 2.34% | 5.19% | -2.22% | -16.76% |
| 2021 | -0.36% | -0.28% | 0.58% | 2.07% | 0.98% | -0.48% | 0.84% | 0.69% | -1.87% | 1.41% | -0.76% | 0.85% | 3.66% |
| 2020 | 0.30% | -2.09% | -7.60% | 4.72% | 3.00% | 0.74% | 3.36% | 1.41% | -1.35% | -0.96% | 4.87% | 1.73% | 7.71% |
| 2019 | 3.99% | 0.78% | 1.25% | 1.00% | -1.38% | 1.60% | 0.15% | 0.15% | 0.79% | 0.99% | 0.53% | 1.50% | 11.89% |
| 2018 | 1.58% | -2.15% | 0.17% | -0.46% | 0.15% | -1.58% | 1.40% | 0.31% | 0.00% | -3.23% | 0.48% | -1.81% | -5.13% |
| 2017 | 1.21% | 1.57% | 0.24% | 0.89% | 0.88% | 0.10% | 1.24% | 0.43% | 0.28% | 0.22% | 0.93% | -4.72% | 3.16% |
| 2016 | -1.79% | -0.24% | 3.93% | 1.08% | 0.15% | 0.36% | 1.98% | 0.30% | 0.23% | -1.27% | -0.68% | 1.27% | 5.32% |
| 2015 | -0.00% | 1.89% | -0.24% | 0.67% | 0.15% | -1.37% | 0.60% | -2.47% | -1.34% | 2.81% | -0.38% | -1.33% | -1.13% |
| 2014 | -0.31% | 2.39% | 0.29% | 0.45% | 1.35% | 1.08% | -0.88% | 1.63% | -1.83% | 0.97% | 0.22% | -0.88% | 4.49% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SBCPX is 75, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Franklin Multi-Asset Defensive Growth Fund (SBCPX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Franklin Multi-Asset Defensive Growth Fund provided a 3.17% dividend yield over the last twelve months, with an annual payout of $0.42 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.42 | $0.42 | $0.29 | $0.28 | $0.42 | $0.32 | $0.34 | $0.35 | $0.32 | $0.32 | $0.29 | $0.34 |
Dividend yield | 3.17% | 3.26% | 2.36% | 2.44% | 2.99% | 2.30% | 2.56% | 2.82% | 2.39% | 2.42% | 2.28% | 2.59% |
Monthly Dividends
The table displays the monthly dividend distributions for Franklin Multi-Asset Defensive Growth 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.22 | $0.42 |
| 2023 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.12 | $0.29 |
| 2022 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.17 | $0.28 |
| 2021 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.25 | $0.42 |
| 2020 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.17 | $0.32 |
| 2019 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.16 | $0.34 |
| 2018 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.16 | $0.35 |
| 2017 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.15 | $0.32 |
| 2016 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.15 | $0.32 |
| 2015 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.13 | $0.29 |
| 2014 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.15 | $0.34 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Franklin Multi-Asset Defensive Growth 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 Multi-Asset Defensive Growth Fund was 32.31%, occurring on Mar 9, 2009. Recovery took 209 trading sessions.
The current Franklin Multi-Asset Defensive Growth Fund drawdown is 0.18%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.31% | Oct 15, 2007 | 351 | Mar 9, 2009 | 209 | Jan 5, 2010 | 560 |
| -22.28% | Nov 10, 2021 | 234 | Oct 14, 2022 | 534 | Nov 29, 2024 | 768 |
| -16.52% | Feb 20, 2020 | 23 | Mar 23, 2020 | 89 | Jul 29, 2020 | 112 |
| -11.39% | Feb 2, 2001 | 419 | Oct 9, 2002 | 143 | May 6, 2003 | 562 |
| -11.27% | Dec 28, 2017 | 249 | Dec 24, 2018 | 249 | Dec 19, 2019 | 498 |
Volatility
Volatility Chart
The current Franklin Multi-Asset Defensive Growth Fund volatility is 1.48%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.