Franklin LifeSmart Retirement Income Fund Class A (FTRAX)
| Fund Assets | 46.07M |
| Expense Ratio | 0.76% |
| Min. Investment | $1,000 |
| Turnover | 38.32% |
| Dividend (ttm) | 0.53 |
| Dividend Yield | 4.59% |
| Dividend Growth | 0.28% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 26, 2025 |
| Previous Close | 11.61 |
| YTD Return | 10.01% |
| 1-Year Return | 9.91% |
| 5-Year Return | 22.37% |
| 52-Week Low | 10.05 |
| 52-Week High | 11.62 |
| Beta (5Y) | 0.48 |
| Holdings | 15 |
| Inception Date | Aug 1, 2006 |
About FTRAX
Franklin LifeSmart Retirement Income Fund Class A is a target-date retirement mutual fund managed by Franklin Templeton. Its primary function is to provide steady monthly distributions for investors who are in or entering retirement, aiming to preserve capital over the long term. The fund predominantly allocates assets across a diversified mix of stocks, bonds, and cash equivalents, following a conservative asset allocation strategy typical for retirement-income-oriented products. Notably, the vast majority of the portfolio—nearly 90%—is concentrated in its top ten holdings, which include a blend of equity and bond funds from both Franklin Templeton and other managers, as well as equity premium income strategies and government securities. This fund is designed to deliver income stability while balancing moderate exposure to market growth and credit risk, as reflected in its large blend investment style and moderate interest rate sensitivity. As part of the broader target-date category, it plays a significant role in the market for retirement solutions by aiming to meet the evolving income and preservation needs of retirees through a diversified, professionally managed portfolio.
Performance
FTRAX had a total return of 9.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.20%.
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 | $0.1306 | Dec 26, 2025 |
| Nov 24, 2025 | $0.0366 | Nov 24, 2025 |
| Oct 28, 2025 | $0.0366 | Oct 28, 2025 |
| Sep 25, 2025 | $0.0366 | Sep 25, 2025 |
| Aug 26, 2025 | $0.0366 | Aug 26, 2025 |
| Jul 28, 2025 | $0.0366 | Jul 28, 2025 |