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

14.07
Net Asset Value
+0.79%
1 Day
+2.10%
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-2.29% 3 years+5.87%
3 months+3.62% 5 years+8.82%
1 year+15.29% Since inception+6.71%
Data through --

Peer Comparisonvs. Target-date 2045

 FTTAXCategory
Performance 5-yr return+8.82%+10.45%
Expense ratio1.68%0.82%
Risk 5 year sharpe ratio1.081.16
Net assets$83.3M$1.7B
Average market cap$30.3B$41.7B
Average P/E20.519.6
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. stock48.36%
International stock29.71%
Fixed income17.16%
Cash4.57%
Other0.20%
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 R616.71%
FOPPX Franklin Growth Opportunities Fund Class R67.60%
FLQE Franklin LibertyQ Emerging Markets ETF7.55%
FCAPX Franklin International Small Cap Growth Fund Class R66.71%
FRISX Franklin Rising Dividends Fund R6 Class6.61%
-- 6.46%
FLRRX Franklin Low Duration Total Return Fund Class R66.06%
XLF Financial Select Sector SPDR® Fund4.34%
FLQL Franklin LibertyQ U.S. Equity ETF4.33%
FTFGX Templeton Foreign Fund Class R64.24%