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

Net Asset Value
1 Day
Overall Morningstar Rating
Target date 2041-2045
Style or Category
Sales Expenses
Expense Ratio
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 investments by investing primarily in a distinctly-weighted combination of underlying funds, predominantly other Franklin Templeton mutual funds, based on each underlying fund's predominant asset class. These underlying funds and ETFs, in turn, invest in a variety of U.S. and foreign equity, fixed-income and derivative investments.


1 month-0.38% 3 years+13.26%
3 months-0.15% 5 years+10.31%
1 year+6.79% Since inception+6.60%
Data through --

Peer Comparisonvs. Target date 2041-2045

Performance 5-yr return+10.31%+11.10%
Expense ratio1.86%0.99%
Risk 5 year sharpe ratio0.930.89
Net assets$60.8M$936.9M
Average market cap$19.8B$32.7B
Average P/E18.818.1
Portfolio turnover44%44%

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Fund Management and Purchase Info

Fund familyFranklin Templeton Investments
Fund manager & tenureT. Coffey / 8 Years
Minimal initial investment$1,000.00
Minimum IRA investment$250.00


U.S. stock56.81%
International stock25.75%
Fixed income9.50%
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 R613.27%
FCAPX Franklin Intl Small Cap Growth R69.35%
FRISX Franklin Rising Dividends R69.21%
IVV iShares Core S&P 5008.56%
FDTRX Franklin DynaTech R66.85%
FEFCX Franklin Focused Core Equity R65.89%
FIMFX Franklin Mutual International R65.80%
FUFRX Franklin Utilities R64.93%
FTTRX Templeton Global Total Return R63.91%
FTFGX Templeton Foreign R63.66%

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