Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

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

12.05
Net Asset Value
-0.25%
1 Day
+1.60%
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+1.80% 3 years+2.23%
3 months+2.57% 5 years+7.38%
1 year+14.35% Since inception+5.28%
Data through --

Peer Comparisonvs. Target-date 2045

 FTTAXCategory
Performance 5-yr return+7.38%+9.61%
Expense ratio1.73%0.88%
Risk 5 year sharpe ratio0.840.98
Net assets$73.2M$1.2B
Average market cap$21.0B$34.3B
Average P/E19.519.0
Portfolio turnover34%34%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

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

Holdings

U.S. stock46.17%
International stock25.60%
Fixed income21.89%
Cash5.70%
Other0.64%
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 R615.90%
FOPPX Franklin Growth Opportunities Fund Class R69.14%
FRISX Franklin Rising Dividends Fund R6 Class8.85%
FCAPX Franklin International Small Cap Growth Fund Class R68.13%
IEMG iShares Core MSCI Emerging Markets ETF6.27%
FTFGX Templeton Foreign Fund Class R65.98%
FEFCX Franklin Focused Core Equity Fund Class R64.35%
FLRRX Franklin Low Duration Total Return Fund Class R64.11%
FIMFX Franklin Mutual International Fund Class R64.08%
IGF iShares Global Infrastructure ETF2.94%