Franklin LifeSmartâ„¢ 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. The investment manager allocates the fund's assets among the broad asset classes of equity, fixed-income and short-term (money market) 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, in turn, invest in a variety of U.S. and foreign equity, fixed-income and money market securities.


1 month-2.28% 3 years+7.72%
3 months-2.12% 5 years+15.76%
1 year+16.54% Since inception+6.59%
Data through --

Peer Comparisonvs. Target date 2041-2045

Performance 5-yr return+15.76%+18.08%
Expense ratio1.88%1.03%
Risk 5 year sharpe ratio1.291.22
Net assets$47.6M$810.1M
Average market cap$15.3B$33.6B
Average P/E19.417.7
Portfolio turnover44%44%

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Fund Management and Purchase Info

Fund familyFranklin Templeton Investments
Fund manager & tenureT. Coffey / 7 Years
Minimal initial investment$1,000.00
Minimum IRA investment$250.00


U.S. stock52.78%
International stock29.83%
Fixed income9.75%
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
FDTRX Franklin DynaTech R615.13%
FRISX Franklin Rising Dividends R614.01%
FCAPX Franklin Intl Small Cap Growth R610.68%
FMEUX Mutual European R66.78%
FIFRX Franklin Growth R66.34%
FUFRX Franklin Utilities R65.43%
FRBRX Franklin Biotechnology Discovery R65.15%
FTFGX Templeton Foreign R64.20%
IVV iShares Core S&P 5003.60%
FFMRX Templeton Frontier Markets R63.14%

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