Franklin LifeSmart 2035 Ret Trgt R6 (FMTLX)

Fund Assets	156.19M
Expense Ratio	0.40%
Min. Investment	$1,000,000
Turnover	33.89%
Dividend (ttm)	0.42
Dividend Yield	2.46%
Dividend Growth	65.71%
Payout Frequency	n/a
Ex-Dividend Date	Jun 15, 2026

Previous Close	17.01
YTD Return	8.85%
1-Year Return	12.28%
5-Year Return	44.63%
52-Week Low	15.47
52-Week High	17.50
Beta (5Y)	0.73
Holdings	21
Inception Date	May 1, 2013

About FMTLX

Franklin LifeSmart 2035 Retirement Target Fund Class R6 is a target-date mutual fund designed to help investors plan for retirement around the year 2035. Its primary purpose is to provide a thoughtfully balanced approach to growth and income by dynamically adjusting asset allocations over time. Early in its lifecycle, the fund maintains a greater emphasis on equities to pursue capital appreciation, while gradually shifting toward a more conservative mix of fixed-income securities and cash as the 2035 target date approaches. The portfolio invests across a diverse combination of Franklin Templeton mutual funds, accessing both domestic and international equities, investment-grade and treasury bonds, and short-term instruments. This diversified exposure aims to reduce risk and smooth returns as market conditions evolve. Notably, the fund’s largest holdings include core equity and bond ETFs as well as allocations to emerging markets and large-cap value funds, reflecting its broad investment reach. Serving the mixed-asset target date sector, Franklin LifeSmart 2035 Retirement Target Fund Class R6 offers investors a systematic way to save for retirement, blending professional management with adaptive glide path strategies to align with long-term financial goals. Its significant role in retirement planning is underscored by consistent performance metrics and a structure designed specifically for evolving investor needs as the target date nears.

• Fund Family: Franklin Templeton Investments
• Category: Target-Date 2035
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: FMTLX
• Share Class: Class R6
• Index: MSCI AC World NR USD

Performance

FMTLX had a total return of 12.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.70%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FLRHX	Advisor Class	0.45%
FRTAX	Class A	0.70%
FLRGX	Class R	0.95%
FTRCX	Class C	1.45%

Top 10 Holdings

79.56% of assets

Name	Symbol	Weight
Franklin U.S. Core Equity Advisor	FCEUX	21.18%
Franklin U.S Core Bond ETF	FLCB	12.02%
Franklin International Core Equity Adv	FCENX	9.76%
Franklin Emerging Market Core Equity Adv	FCEEX	5.84%
Putnam Large Cap Value R6	PEQSX	5.74%
Franklin Investment Grade Corporate ETF	FLCO	5.57%
Franklin U.S. Large Cap Multifactor Index ETF	FLQL	5.41%
Franklin U.S. Treasury Bond ETF	FLGV	5.22%
Franklin U.S. Equity Index ETF	USPX	4.70%
Putnam Large Cap Growth R6	PGOEX	4.11%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 15, 2026	$0.4503	Jun 15, 2026
Dec 30, 2025	$0.6831	Dec 30, 2025
Jun 16, 2025	$0.5252	Jun 16, 2025
Dec 30, 2024	$0.2429	Dec 30, 2024
Sep 30, 2024	$0.0716	Sep 30, 2024
Jun 28, 2024	$0.0785	Jun 28, 2024

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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