Franklin LifeSmart 2025 Retirement Target Fund Class R6 (FTLMX)
| Fund Assets | 108.07M |
| Expense Ratio | 0.40% |
| Min. Investment | $1,000,000 |
| Turnover | 37.51% |
| Dividend (ttm) | 0.71 |
| Dividend Yield | 5.24% |
| Dividend Growth | 112.89% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 16, 2025 |
| Previous Close | 13.49 |
| YTD Return | 3.93% |
| 1-Year Return | 4.57% |
| 5-Year Return | 35.42% |
| 52-Week Low | 12.24 |
| 52-Week High | 13.74 |
| Beta (5Y) | n/a |
| Holdings | 21 |
| Inception Date | May 1, 2013 |
About FTLMX
Franklin LifeSmart 2025 Retirement Target Fund Class R6 is a target-date mutual fund designed to help investors prepare for retirement around the year 2025. Its primary function is to offer a diversified portfolio that automatically adjusts its allocation across asset classes such as equities, bonds, and cash equivalents, aiming to balance growth and risk as investors approach their anticipated retirement date. The fund’s strategy focuses on achieving the highest level of long-term total return that aligns with its evolving asset allocation, with total return derived from both capital appreciation and income generation. As the 2025 target date nears, the fund’s management shifts toward a more conservative investment mix to help preserve capital and manage volatility, reflecting the shorter time horizon and reduced risk tolerance typical of near-retirees. By offering a professionally managed, all-in-one solution, Franklin LifeSmart 2025 Retirement Target Fund Class R6 plays a significant role in retirement planning, catering to individuals who value convenience, automatic portfolio rebalancing, and risk adjustment as they transition toward retirement.
Performance
FTLMX had a total return of 4.57% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.38%.
Top 10 Holdings
83.90% of assets| Name | Symbol | Weight |
|---|---|---|
| Franklin U.S Core Bond ETF | FLCB | 18.47% |
| Franklin U.S. Core Equity (IU) Fund Advisor | FCEUX | 16.42% |
| Franklin U.S. Treasury Bond ETF | FLGV | 9.40% |
| Franklin Investment Grade Corporate ETF | FLCO | 9.06% |
| Franklin International Core Equity (IU) Fund Advisor | FCENX | 8.64% |
| Franklin Growth Series Class R6 | FIFRX | 7.26% |
| Putnam Large Cap Value Fund Class R6 | PEQSX | 4.30% |
| Franklin U.S. Large Cap Multifactor Index ETF | FLQL | 3.96% |
| Franklin High Yield Corporate ETF | FLHY | 3.27% |
| BrandywineGLOBAL - Global Opportunities Bond Fund Class IS | GOBSX | 3.12% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 16, 2025 | $0.4033 | Jun 16, 2025 |
| Dec 30, 2024 | $0.2246 | Dec 30, 2024 |
| Sep 30, 2024 | $0.0789 | Sep 30, 2024 |
| Jun 28, 2024 | $0.0871 | Jun 28, 2024 |
| Mar 28, 2024 | $0.0852 | Mar 28, 2024 |
| Dec 28, 2023 | $0.083 | Dec 28, 2023 |