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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+0.48% 3 years+9.84%
3 months+1.22% 5 years+7.79%
1 year-1.16% Since inception+5.83%
Data through --

Peer Comparisonvs. Target date 2041-2045

Performance 5-yr return+7.79%+8.23%
Expense ratio1.78%0.96%
Risk 5 year sharpe ratio0.780.78
Net assets$67.3M$914.7M
Average market cap$19.0B$32.7B
Average P/E18.417.3
Portfolio turnover65%65%

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Fund Management and Purchase Info

Fund familyFranklin Templeton Investments
Fund manager & tenureTony Coffey / 9 Years
Minimal initial investment$1,000.00
Minimum IRA investment$250.00


U.S. stock49.94%
International stock29.99%
Fixed income8.46%
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
FEFCX Franklin Focused Core Equity Fund Class R69.39%
FIFRX Franklin Growth Series Class R68.98%
FCAPX Franklin International Small Cap Growth Fund Class R67.86%
FDTRX Franklin DynaTech Fund Class R67.59%
FASRX Franklin K2 Alternative Strategies Fund Class R66.37%
IVV iShares Core S&P 500 ETF6.06%
FIMFX Franklin Mutual International Fund Class R65.83%
FRISX Franklin Rising Dividends Fund R6 Class5.14%
FOPPX Franklin Growth Opportunities Fund Class R63.77%
IVE iShares S&P 500 Value ETF3.68%