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)	0.48
Dividend Yield	3.49%
Dividend Growth	-2.25%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 30, 2026

Previous Close	13.75
YTD Return	5.86%
1-Year Return	10.01%
5-Year Return	22.73%
52-Week Low	13.21
52-Week High	14.20
Beta (5Y)	0.39
Holdings	21
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.

• Fund Family: Franklin Templeton Investments
• Category: Allocation--30% to 50% Equity
• Performance Rating: Below Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: LMGIX
• Share Class: Class I
• Index: Bloomberg U.S. Aggregate Bond TR

Performance

LMGIX had a total return of 10.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.06%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
SBCPX	Class A	1.16%
LMLRX	Class R	1.39%
LWLAX	Class C	1.92%
LMGSX	Class Is	0.61%

Top 10 Holdings

90.02% of assets

Name	Symbol	Weight
Franklin U.S Core Bond ETF	FLCB	34.09%
BrandywineGLOBAL Flexible Bond IS	LFLSX	12.90%
Franklin U.S. Large Cap Equity IS	LMISX	12.16%
Putnam Large Cap Growth R6	PGOEX	7.79%
Putnam Large Cap Value Fund Class R6	PEQSX	6.67%
Franklin U.S. Treasury Bond ETF	FLGV	5.51%
Franklin International Equity IS	LIESX	2.84%
Franklin High Yield Corporate ETF	FLHY	2.79%
Templeton Emerging Markets Equity R6	FDEVX	2.78%
Franklin BSP Lending Fund	FBREX	2.50%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 30, 2026	$0.0955	Jun 30, 2026
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

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 27, 2026

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