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Franklin LifeSmart 2045 Retirement Target Fund (FTTAX)

13.78
Net Asset Value
+0.15%
1 Day
+16.19%
Year-to-Date
Overall Morningstar Rating
Target-date 2045
Style or Category
5.75
Sales Expenses
1.68%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks the highest level of long-term total return consistent with its asset allocation. Under normal market conditions- the investment manager allocates the fund's assets among the broad asset classes of equity- fixed-income and alternative (non-traditional) investments and strategies by investing primarily in a distinctly-weighted combination of underlying funds- predominantly other Franklin Templeton mutual funds and exchange-traded funds (ETFs)- based on each underlying fund's predominant asset class and strategy. These underlying funds- in turn- invest in a variety of U.S. and foreign equity- fixed-income and alternative investments.

Performance

1 month+0.58% 3 years+5.51%
3 months+5.28% 5 years+9.55%
1 year+18.33% Since inception+6.28%
Data through --

Peer Comparisonvs. Target-date 2045

 FTTAXCategory
Performance 5-yr return+9.55%+9.82%
Expense ratio1.68%0.84%
Risk 5 year sharpe ratio1.091.16
Net assets$78.5M$1.5B
Average market cap$27.6B$36.9B
Average P/E20.219.3
Portfolio turnover76%76%

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Fund Management and Purchase Info

Fund familyFranklin Templeton Investments
Fund manager & tenureT. Anthony Coffey / 11 Years
Minimal initial investment$1,000.00
Minimum IRA investment$250.00

Holdings

U.S. stock47.57%
International stock30.06%
Fixed income16.36%
Cash5.72%
Other0.29%
Top 5 Sectors
Portfolio weighting
Industrial materials 18.13%
Financial service 11.51%
Energy 11.10%
Consumer goods 10.08%
Healthcare 9.06%
Top 10 Holdings
Portfolio weighting
FIFRX Franklin Growth Series Class R616.50%
FCAPX Franklin International Small Cap Growth Fund Class R67.67%
FLQE Franklin LibertyQ Emerging Markets ETF7.65%
FOPPX Franklin Growth Opportunities Fund Class R67.54%
FRISX Franklin Rising Dividends Fund R6 Class6.49%
FLRRX Franklin Low Duration Total Return Fund Class R65.91%
IEUR iShares Core MSCI Europe ETF5.15%
FTFGX Templeton Foreign Fund Class R64.80%
XLF Financial Select Sector SPDR® Fund4.25%
FLQL Franklin LibertyQ U.S. Equity ETF4.21%