Franklin LifeSmart Retment Inc R6 (FLMTX)

Fund Assets	46.07M
Expense Ratio	0.37%
Min. Investment	$1,000,000
Turnover	38.32%
Dividend (ttm)	0.49
Dividend Yield	4.46%
Dividend Growth	1.36%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 25, 2026

Previous Close	11.04
YTD Return	3.45%
1-Year Return	5.55%
5-Year Return	22.52%
52-Week Low	10.71
52-Week High	11.35
Beta (5Y)	0.34
Holdings	16
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.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date Retirement
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FLMTX
• Share Class: Class R6
• Index: Bloomberg Multiverse TR USD Unhedged

Performance

FLMTX had a total return of 5.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.08%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FLRDX	Advisor Class	0.42%
FTRAX	Class A	0.67%
FBRLX	Class R	0.92%
FRTCX	Class C	1.42%

Top 10 Holdings

85.89% of assets

Name	Symbol	Weight
Franklin U.S Core Bond ETF	FLCB	18.27%
BrandywineGLOBAL - High Yield Fund	BGHSX	9.75%
Franklin U.S. Treasury Bond ETF	FLGV	8.16%
Franklin International Core Dividend Tilt Index Fund	DIVI	8.10%
ClearBridge Tactical Dividend Income IS	LCBDX	8.10%
Franklin High Yield Corporate ETF	FLHY	7.39%
JPMorgan Equity Premium Income ETF	JEPI	7.26%
Franklin Investment Grade Corporate ETF	FLCO	7.25%
Ubs Ag London 0%	n/a	5.81%
Franklin U.S. Core Equity Advisor	FCEUX	5.80%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 25, 2026	$0.0412	Sep 25, 2026
Aug 26, 2026	$0.0412	Aug 26, 2026
Jul 28, 2026	$0.0412	Jul 28, 2026
Jun 25, 2026	$0.0412	Jun 25, 2026
May 26, 2026	$0.0412	May 26, 2026
Apr 27, 2026	$0.0412	Apr 27, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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