Franklin LifeSmart Retirement Income Fund Class A (FTRAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

11.02

+0.04 (0.36%)

At close: Oct 15, 2026

Fund Assets	46.07M
Expense Ratio	0.664%
Min. Investment	$1,000
Turnover	38.32%
Dividend (ttm)	0.46
Dividend Yield	4.17%
Dividend Growth	1.27%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 25, 2026

Previous Close	10.98
YTD Return	3.63%
1-Year Return	5.48%
5-Year Return	20.45%
52-Week Low	10.66
52-Week High	11.29
Beta (5Y)	0.48
Holdings	16
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.

Fund Family Franklin Templeton Investments

Category Target-Date Retirement

Performance Rating Average

Risk Rating Average

Stock Exchange Nasdaq

Ticker Symbol FTRAX

Share Class Class A

Index Bloomberg Multiverse TR USD Unhedged

Performance

FTRAX had a total return of 5.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.58%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FLMTX	Class R6	0.37%
FLRDX	Advisor Class	0.42%
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%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 25, 2026	$0.0383	Sep 25, 2026
Aug 26, 2026	$0.0383	Aug 26, 2026
Jul 28, 2026	$0.0383	Jul 28, 2026
Jun 25, 2026	$0.0383	Jun 25, 2026
May 26, 2026	$0.0383	May 26, 2026
Apr 27, 2026	$0.0383	Apr 27, 2026

Full Dividend History