Franklin LifeSmart Retment Inc R6 (FLMTX)
| Fund Assets | 46.07M |
| Expense Ratio | 0.46% |
| Min. Investment | $1,000,000 |
| Turnover | 38.32% |
| Dividend (ttm) | 0.57 |
| Dividend Yield | 5.14% |
| Dividend Growth | 0.27% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 26, 2025 |
| Previous Close | 11.03 |
| YTD Return | 10.60% |
| 1-Year Return | 10.49% |
| 5-Year Return | 26.14% |
| 52-Week Low | 9.51 |
| 52-Week High | 11.03 |
| Beta (5Y) | n/a |
| Holdings | 15 |
| Inception Date | May 1, 2013 |
About FLMTX
Franklin LifeSmart Retirement Income Fund Class R6 is a target-date retirement mutual fund specifically designed for investors already in or entering retirement. Its primary goal is to provide consistent monthly distributions while also aiming to preserve capital over the long term. The fund achieves this through a diversified asset allocation that is predominantly weighted toward fixed income investments, complemented by allocations to domestic and foreign equities, as well as cash equivalents. Notable features include its managed distribution policy, which seeks to maintain steady income, and the use of underlying funds—primarily from Franklin Templeton and other well-known asset managers—to implement its strategy. The portfolio tends to be conservatively allocated, with over 60% in fixed income and about 30% in equities, adhering to the needs of retirees who prioritize income and capital preservation. As a component of the target-date retirement fund category, Franklin LifeSmart Retirement Income Fund Class R6 serves a key role in helping retirement investors manage longevity risk, generate income, and maintain investment diversification through various market cycles.
Performance
FLMTX had a total return of 10.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.28%.
Top 10 Holdings
87.15% of assets| Name | Symbol | Weight |
|---|---|---|
| Franklin U.S Core Bond ETF | FLCB | 19.74% |
| BrandywineGLOBAL High Yield IS | n/a | 9.92% |
| Franklin U.S. Treasury Bond ETF | FLGV | 8.84% |
| Franklin Investment Grade Corporate ETF | FLCO | 7.89% |
| Franklin High Yield Corporate ETF | FLHY | 7.79% |
| JPMorgan Equity Premium Income ETF | JEPI | 7.48% |
| ClearBridge Tactical Dividend Income IS | n/a | 7.43% |
| Franklin International Core Dividend Tilt Index Fund | DIVI | 7.23% |
| Ubs Ag London 0% | n/a | 5.50% |
| Franklin U.S. Core Equity Advisor | FCEUX | 5.32% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 26, 2025 | $0.1334 | Dec 26, 2025 |
| Nov 24, 2025 | $0.0394 | Nov 24, 2025 |
| Oct 28, 2025 | $0.0394 | Oct 28, 2025 |
| Sep 25, 2025 | $0.0394 | Sep 25, 2025 |
| Aug 26, 2025 | $0.0394 | Aug 26, 2025 |
| Jul 28, 2025 | $0.0394 | Jul 28, 2025 |