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

13.45
Net Asset Value
+0.15%
1 Day
+13.41%
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+3.07% 3 years+4.95%
3 months+3.46% 5 years+8.39%
1 year+15.47% Since inception+6.09%
Data through --

Peer Comparisonvs. Target-date 2045

 FTTAXCategory
Performance 5-yr return+8.39%+10.11%
Expense ratio1.68%0.85%
Risk 5 year sharpe ratio1.051.11
Net assets$76.7M$1.4B
Average market cap$25.8B$36.2B
Average P/E20.519.3
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. stock48.91%
International stock26.04%
Fixed income19.96%
Cash4.54%
Other0.54%
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 R616.74%
FOPPX Franklin Growth Opportunities Fund Class R67.66%
FCAPX Franklin International Small Cap Growth Fund Class R67.55%
FRISX Franklin Rising Dividends Fund R6 Class6.62%
FLQE Franklin LibertyQ Emerging Markets ETF5.97%
FLRRX Franklin Low Duration Total Return Fund Class R65.16%
FTFGX Templeton Foreign Fund Class R64.99%
FLQL Franklin LibertyQ U.S. Equity ETF4.36%
XLF Financial Select Sector SPDR® Fund4.35%
FIMFX Franklin Mutual International Fund Class R64.22%