Franklin Multi-Asset Defensive Growth Fund I (LMGIX)
| Fund Assets | 104.92M |
| Expense Ratio | 0.84% |
| Min. Investment | $1,000,000 |
| Turnover | 94.00% |
| Dividend (ttm) | 0.67 |
| Dividend Yield | 5.04% |
| Dividend Growth | 56.48% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 13.38 |
| YTD Return | -1.33% |
| 1-Year Return | 8.85% |
| 5-Year Return | 19.59% |
| 52-Week Low | 12.22 |
| 52-Week High | 14.08 |
| Beta (5Y) | n/a |
| Holdings | 19 |
| Inception Date | Mar 15, 2012 |
About LMGIX
Franklin Multi-Asset Defensive Growth Fund I is a mutual fund designed to offer investors a balanced approach to income generation and long-term capital growth. The fund employs a "fund of funds" strategy, allocating assets across a diversified set of underlying mutual funds and ETFs. Its primary allocation targets are approximately 30% in equity securities—spanning U.S. large cap, small/mid cap, and international equities—and 70% in fixed income investments, including both core and flexible bond funds. This multi-asset structure helps the fund pursue resilience across market cycles by actively managing and rebalancing allocations among asset classes. Notable features include exposure to alternative investments and a focus on moderately conservative risk, making it suitable for those seeking stability alongside measured growth potential. The portfolio’s top holdings include Franklin U.S. Core Bond ETF and BrandywineGLOBAL Flexible Bond Fund, highlighting its strong fixed income orientation. Managed by Franklin Templeton, the fund is notable for its disciplined, actively managed approach to navigating diverse market conditions and supporting defensive growth objectives.
Performance
LMGIX had a total return of 8.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.68%.
Top 10 Holdings
92.51% of assets| Name | Symbol | Weight |
|---|---|---|
| Franklin U.S Core Bond ETF | FLCB | 39.30% |
| BrandywineGLOBAL - Flexible Bond Fund Class IS | LFLSX | 13.19% |
| Franklin U.S. Large Cap Equity Fund IS | LMISX | 10.58% |
| Putnam Large Cap Value Fund Class R6 | PEQSX | 6.28% |
| ClearBridge Large Cap Growth Fund Class IS | LSITX | 5.95% |
| Franklin High Yield Corporate ETF | FLHY | 5.43% |
| Putnam Large Cap Growth Fund Class R6 | PGOEX | 3.93% |
| Templeton Developing Markets Trust Class R6 | FDEVX | 3.19% |
| Franklin BSP Lending Fund | FBREX | 2.43% |
| Franklin Small Cap Enhanced ETF | FSML | 2.25% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.06877 | Mar 31, 2026 |
| Dec 30, 2025 | $0.43906 | Dec 30, 2025 |
| Sep 30, 2025 | $0.10245 | Sep 30, 2025 |
| Jun 30, 2025 | $0.13341 | Jun 30, 2025 |
| Mar 31, 2025 | $0.06715 | Mar 31, 2025 |
| Dec 30, 2024 | $0.2306 | Dec 30, 2024 |