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

11.81
Net Asset Value
+0.25%
1 Day
+0.51%
Year-to-Date
Overall Morningstar Rating
Target-date 2045
Style or Category
5.75
Sales Expenses
1.73%
Expense Ratio
Low
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+6.93% 3 years+4.93%
3 months+1.33% 5 years+5.96%
1 year-2.72% Since inception+5.16%
Data through --

Peer Comparisonvs. Target-date 2045

 FTTAXCategory
Performance 5-yr return+5.96%+6.57%
Expense ratio1.73%0.92%
Risk 5 year sharpe ratio0.520.59
Net assets$68.4M$1.0B
Average market cap$20.8B$33.4B
Average P/E20.017.7
Portfolio turnover34%34%

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Fund Management and Purchase Info

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

Holdings

U.S. stock51.28%
International stock23.46%
Fixed income18.94%
Cash5.40%
Other0.91%
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 R69.47%
FOPPX Franklin Growth Opportunities Fund Class R68.97%
FEFCX Franklin Focused Core Equity Fund Class R68.50%
FCAPX Franklin International Small Cap Growth Fund Class R68.05%
FRISX Franklin Rising Dividends Fund R6 Class7.94%
IVE iShares S&P 500 Value ETF6.98%
FUFRX Franklin Utilities Fund Class R66.93%
FTFGX Templeton Foreign Fund Class R64.40%
FIMFX Franklin Mutual International Fund Class R64.03%
FLRRX Franklin Low Duration Total Return Fund Class R63.91%

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