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Franklin LifeSmart™ 2045 Retirement Target Fund Class A (FTTAX)

12.46
Net Asset Value
-0.08%
1 Day
+5.06%
Year-to-Date
Overall Morningstar Rating
Target-date 2045
Style or Category
5.75
Sales Expenses
1.73%
Expense Ratio
Below Average
Morningstar Risk Rating™
Investment Objective The investment seeks 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+2.72% 3 years+2.74%
3 months+6.24% 5 years+6.97%
1 year+17.62% Since inception+5.47%
Data through --

Peer Comparisonvs. Target-date 2045

 FTTAXCategory
Performance 5-yr return+6.97%+9.61%
Expense ratio1.73%0.88%
Risk 5 year sharpe ratio0.810.93
Net assets$74.7M$1.2B
Average market cap$22.7B$34.7B
Average P/E19.219.1
Portfolio turnover34%34%

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Fund Management and Purchase Info

Fund familyFranklin Templeton Investments
Fund manager & tenureTony Coffey / 10 Years
Minimal initial investment$1,000.00
Minimum IRA investment$250.00

Holdings

U.S. stock48.48%
International stock25.40%
Fixed income21.30%
Cash4.14%
Other0.69%
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 R616.09%
FRISX Franklin Rising Dividends Fund R6 Class8.97%
FOPPX Franklin Growth Opportunities Fund Class R67.21%
FCAPX Franklin International Small Cap Growth Fund Class R66.78%
FLQE Franklin LibertyQ Emerging Markets ETF5.85%
FTFGX Templeton Foreign Fund Class R64.90%
FEFCX Franklin Focused Core Equity Fund Class R64.53%
FIMFX Franklin Mutual International Fund Class R64.24%
FLRRX Franklin Low Duration Total Return Fund Class R64.07%
IVE iShares S&P 500 Value ETF3.62%