Franklin LifeSmart Retirement Income Fund Class A (FTRAX)

Fund Assets	46.07M
Expense Ratio	0.67%
Min. Investment	$1,000
Turnover	38.32%
Dividend (ttm)	0.46
Dividend Yield	4.09%
Dividend Growth	1.17%
Payout Frequency	Monthly
Ex-Dividend Date	Aug 26, 2026

Previous Close	11.25
YTD Return	5.43%
1-Year Return	9.26%
5-Year Return	22.56%
52-Week Low	10.66
52-Week High	11.29
Beta (5Y)	0.47
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 9.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.70%.

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

86.70% of assets

Name	Symbol	Weight
Franklin U.S Core Bond ETF	FLCB	18.57%
BrandywineGLOBAL - High Yield Fund	BGHSX	9.84%
Franklin U.S. Treasury Bond ETF	FLGV	8.30%
ClearBridge Tactical Dividend Income IS	LCBDX	8.10%
Franklin International Core Dividend Tilt Index Fund	DIVI	8.08%
Franklin High Yield Corporate ETF	FLHY	7.48%
Franklin Investment Grade Corporate ETF	FLCO	7.38%
JPMorgan Equity Premium Income ETF	JEPI	7.37%
Ubs Ag London 0%	n/a	5.84%
Franklin U.S. Core Equity Advisor	FCEUX	5.74%

Dividend History

Ex-Dividend	Amount	Pay Date
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
Mar 26, 2026	$0.0383	Mar 26, 2026

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:

Aug 28, 2026

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