FTGMX

About FTGMX

Franklin Growth Allocation Fund Class R6 is a mutual fund designed to deliver a high level of long-term total return while maintaining an acceptable level of risk. As a fund of funds, it primarily allocates assets among a diversified mix of underlying equity and fixed income investments, generally maintaining an equity exposure of 70% to 85%. This balanced approach provides investors with growth potential from equities while adding risk mitigation from fixed income components. The fund is actively managed, aiming to optimize results through strategic asset allocation and sector selection, with investments spanning sectors such as consumer defensive and basic materials. It distributes dividends on a quarterly basis and has demonstrated consistent income generation, appealing to investors seeking both growth and periodic income. With a moderate expense ratio and substantial assets under management, Franklin Growth Allocation Fund Class R6 serves as a core holding for individuals and institutions seeking diversified exposure and disciplined risk management within a single investment vehicle.