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) | 1.13 |
| Dividend Yield | 6.71% |
| Dividend Growth | 34.98% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 15, 2026 |
| Previous Close | 16.89 |
| YTD Return | 7.83% |
| 1-Year Return | 17.45% |
| 5-Year Return | 42.39% |
| 52-Week Low | 15.32 |
| 52-Week High | 17.50 |
| Beta (5Y) | 0.73 |
| Holdings | 22 |
| 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.
Performance
FMTLX had a total return of 17.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.79%.
Top 10 Holdings
78.65% of assets| Name | Symbol | Weight |
|---|---|---|
| Franklin U.S. Core Equity Advisor | FCEUX | 21.56% |
| Franklin U.S Core Bond ETF | FLCB | 12.02% |
| Franklin International Core Equity Adv | FCENX | 8.64% |
| Putnam Large Cap Value Fund | PEQSX | 5.73% |
| Franklin Investment Grade Corporate ETF | FLCO | 5.57% |
| Franklin Emerging Market Core Equity Adv | FCEEX | 5.43% |
| Franklin U.S. Large Cap Multifactor Index ETF | FLQL | 5.38% |
| Franklin U.S. Treasury Bond ETF | FLGV | 5.21% |
| Franklin Growth R6 | FIFRX | 4.82% |
| Franklin U.S. Equity Index ETF | USPX | 4.29% |
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 |