# Franklin Corefolio Allocation Fund Advisor Class (FCAZX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fcazx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Franklin Templeton · Asset class: Equity - Strategy: Thematic · Inception: 2013-06-26 The Franklin Corefolio Allocation Fund Advisor Class aims to achieve capital growth for its investors. It employs a "fund-of-funds" strategy, meaning it seeks to meet its objective by distributing its investments across a predetermined selection of other funds. Specifically, the fund allocates approximately 25% of its assets to each of four underlying portfolios: the Franklin Growth Fund, Franklin Growth Opportunities Fund, Franklin Mutual Shares Fund, and Templeton Growth Fund. These component funds then primarily invest in a combination of U.S. and international equity securities. ## Key Facts | Metric | Value | |---|---| | Price | $23.50 | | Expense Ratio | 0.74% | | Assets Under Management | $1.01B | | NAV | $23.50 | | Holdings Count | — | | Distribution Yield (TTM) | 13.25% | | Annual Distribution (TTM) | $3.11 /share | | Distribution Frequency | Semi-Annual | | 52-Week Range | $22.62 – $26.30 | | Beta | 1.30 | ## Latest Distribution - Amount: $2.7378 /share - Ex-date: 2026-06-15 - Pay date: 2026-06-15 ## Frequently Asked Questions ### What does FCAZX invest in? The Franklin Corefolio Allocation Fund Advisor Class aims to achieve capital growth for its investors. It employs a "fund-of-funds" strategy, meaning it seeks to meet its objective by distributing its investments across a predetermined selection of other funds. Specifically, the fund allocates approximately 25% of its assets to each of four underlying portfolios: the Franklin Growth Fund, Franklin Growth Opportunities Fund, Franklin Mutual Shares Fund, and Templeton Growth Fund. These component funds then primarily invest in a combination of U.S. and international equity securities. ### What is the expense ratio of FCAZX? Franklin Corefolio Allocation Fund Advisor Class (FCAZX) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is FCAZX? Franklin Corefolio Allocation Fund Advisor Class (FCAZX) manages $1.01B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is FCAZX actively managed or an index fund? FCAZX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was FCAZX launched? Franklin Corefolio Allocation Fund Advisor Class (FCAZX) launched in June 2013 and is managed by Franklin Templeton. ### How has FCAZX performed? FCAZX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does FCAZX pay a dividend? Franklin Corefolio Allocation Fund Advisor Class (FCAZX) currently distributes little or no income. Trailing-twelve-month yield is 13.25%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FCAZX pay dividends? Franklin Corefolio Allocation Fund Advisor Class pays dividends Semi-Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FCAZX's dividend yield? FCAZX's trailing-twelve-month yield is 13.25%, calculated from the sum of dividends over the past year divided by the current price. ### When is FCAZX's next ex-dividend date? The most recently announced ex-dividend date for FCAZX was 2026-06-15. The next ex-date typically follows Semi-Annual; once announced it appears at the top of the dividend history table on this page. ### How much will FCAZX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.74% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FCAZX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FCAZX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FCAZX cost more than a fund like VOO? FCAZX's strategy (current expense ratio 0.74%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where FCAZX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to FCAZX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FCAZX (0.74%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/fcazx - Distribution history: https://www.dividenddata.com/funds/fcazx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fcazx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fcazx/expenses - Peer comparison: https://www.dividenddata.com/funds/fcazx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.