FMTZX Performance — Franklin Moderate Allocation Fund, Advisor Class
Data updated: 2026-08-27
FMTZX returned +7.39% year to date and +15.80% over one year to Jun 2026. Annualised returns are +13.64% over 3 years and +6.93% over 5 years. Against its Alternative category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $147, against $170 for the category, and to $116 over one year, against $110. Volatility over the past three years was 9.03% a year. In the 12 months to Jun 2026 the fund lost a net $67.5M, and assets reached $1.72B.
FMTZX Growth of $100
What $100 invested in Franklin Moderate Allocation Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | FMTZX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $116 | $110 |
| 3 years (Jul 2023 – Jun 2026) | $147 | $170 |
| 5 years (Jul 2021 – Jun 2026) | $140 | $159 |
| Since data start (Jul 2019 – Jun 2026) | $178 | $190 |
FMTZX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +7.39% |
| 1 year | +15.80% |
| 3 years (annualised) | +13.64% |
| 5 years (annualised) | +6.93% |
FMTZX Annual Returns
Calendar-year total returns of Franklin Moderate Allocation Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +7.39% |
| 2025 | +15.29% |
| 2024 | +12.07% |
| 2023 | +14.71% |
| 2022 | −15.97% |
| 2021 | +12.64% |
| 2020 | +12.72% |
| 2019 (Jul–Dec) | +4.98% |
FMTZX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.9% | +1.0% | −4.4% | +6.1% | +2.8% | +0.1% | — | — | — | — | — | — |
| 2025 | +2.2% | +0.4% | −2.7% | +0.3% | +3.4% | +3.2% | +0.5% | +1.9% | +2.7% | +1.6% | +0.4% | +0.5% |
| 2024 | +0.8% | +2.9% | +2.5% | −3.6% | +3.7% | +1.7% | +1.5% | +1.9% | +1.6% | −1.9% | +3.2% | −2.6% |
| 2023 | +4.8% | −2.4% | +2.7% | +0.6% | −1.0% | +3.6% | +1.7% | −1.5% | −3.4% | −2.1% | +7.0% | +4.4% |
| 2022 | −4.2% | −2.4% | +0.4% | −6.3% | +0.6% | −5.8% | +5.4% | −3.4% | −6.8% | +3.9% | +5.6% | −3.1% |
| 2021 | −0.8% | +0.9% | +2.1% | +3.2% | +1.1% | +1.1% | +1.2% | +1.8% | −3.5% | +3.6% | −1.5% | +3.0% |
| 2020 | +0.2% | −4.2% | −8.8% | +7.4% | +3.7% | +1.6% | +3.9% | +3.5% | −1.8% | −1.6% | +6.7% | +2.7% |
| 2019 | — | — | — | — | — | — | +0.3% | −0.8% | +0.9% | +1.0% | +1.6% | +1.9% |
FMTZX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 9.03%
- 3-year Sharpe ratio: 1.01 (vs 4.5% risk-free rate)
- Best month: +7.02% (Nov 2023)
- Worst month: −4.41% (Mar 2026)
FMTZX Fund Flows
Monthly money in and out of Franklin Moderate Allocation Fund, from SEC Form N-PORT.
- 12-month net flow: −$67.5M
- 12-month gross sales (incl. reinvestments): $249.9M
- Sales ÷ redemptions: 0.79×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $11.3M | $21.6M | −$10.3M |
| May 2026 | $13.6M | $26.2M | −$12.6M |
| Apr 2026 | $15.4M | $25.4M | −$10.0M |
| Mar 2026 | $15.2M | $29.7M | −$14.5M |
| Feb 2026 | $13.6M | $27.2M | −$13.6M |
| Jan 2026 | $16.0M | $25.7M | −$9.7M |
| Dec 2025 | $84.3M | $35.9M | $48.4M |
| Nov 2025 | $10.6M | $20.4M | −$9.8M |
| Oct 2025 | $21.9M | $26.3M | −$4.5M |
| Sep 2025 | $14.7M | $27.4M | −$12.7M |
| Aug 2025 | $10.7M | $25.0M | −$14.3M |
| Jul 2025 | $22.7M | $26.6M | −$3.9M |
FMTZX Assets Under Management
Net assets of Franklin Moderate Allocation Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $1.72B |
| 2026-03-31 | $1.65B |
| 2025-12-31 | $1.72B |
| 2025-09-30 | $1.71B |
| 2025-06-30 | $1.67B |
| 2025-03-31 | $1.60B |
| 2024-12-31 | $1.65B |
| 2024-09-30 | $1.70B |
| 2024-06-30 | $1.66B |
| 2024-03-31 | $1.67B |
| 2023-12-31 | $1.62B |
| 2023-09-30 | $1.52B |
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.