FFAYX Fees and Costs — Franklin Corefolio Allocation Fund, Class R
Data updated: 2026-08-27
The net expense ratio is 1.24%. There are no sales loads or redemption fees. Portfolio turnover was 9%.
FFAYX Fees and Expenses
Annual operating expenses and sales charges of FFAYX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.13% |
| Gross expense ratio | 1.24% |
| Fee waiver | — |
| Net expense ratio | 1.24% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
FFAYX Costs Over Time
On $10,000 invested in FFAYX, assuming 5% a year before costs, total costs come to $772 over 5 years, cutting the return by 1.30% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.24%) | $130 | $405 | $701 |
| Lost growth on money paid in costs | $0 | $20 | $71 |
| Total costs | $130 | $425 | $772 |
| Value after costs | $10,370 | $11,151 | $11,991 |
| Impact on return, per year | 1.30% | 1.30% | 1.30% |
FFAYX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $297.7M
- Portfolio turnover (prospectus): 9%
- Securities lending: none during the year
FFAYX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $177.2M | 59.50% |
| Fiduciary Trust Company International | $120.6M | 40.50% |
Franklin Corefolio Allocation Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FTLQX | Class R6 | 0.69% | none |
| FCAZX | Advisor Class | 0.74% | none |
| FTCOX | Class A | 0.99% | 5.50% |
| FFAYX | Class R | 1.24% | none |
| FTCLX | Class C | 1.74% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.