Franklin Multi-Asset Defensive Growth R (LMLRX)

Fund Assets	104.92M
Expense Ratio	1.229%
Min. Investment	$1,000,000
Turnover	94.00%
Dividend (ttm)	0.42
Dividend Yield	3.11%
Dividend Growth	-5.23%
Payout Frequency	Quarterly
Ex-Dividend Date	Sep 30, 2026

Previous Close	13.42
YTD Return	4.31%
1-Year Return	5.91%
5-Year Return	18.77%
52-Week Low	13.20
52-Week High	14.19
Beta (5Y)	0.39
Holdings	20
Inception Date	Jun 2, 2014

About LMLRX

Franklin Multi-Asset Defensive Growth Fund Class R is a mutual fund primarily designed to provide income with a secondary focus on long-term capital growth. It employs a "fund of funds" strategy, investing in a diversified mix of underlying funds to gain exposure to multiple asset classes, notably both equity and fixed income securities. The fund typically maintains a target allocation around 30% in equity-oriented investments and 70% in fixed income assets, offering a balanced yet conservative approach to portfolio management. This structure is intended to provide a measure of downside protection during volatile markets while still capturing growth potential from equities. Franklin Multi-Asset Defensive Growth Fund Class R is positioned to serve investors seeking a combination of income generation and growth, making it a relevant option for those with moderate risk tolerance or a focus on capital preservation within the broader investment landscape. Its role in the financial market is to deliver a risk-managed solution that leverages asset allocation and broad diversification to meet a variety of long-term investment objectives.

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

Performance

LMLRX had a total return of 5.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.10%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
LMGIX	Class I	0.84%
SBCPX	Class A	1.16%
LWLAX	Class C	1.92%
LMGSX	Class Is	0.61%

Top 10 Holdings

90.33% of assets

Name	Symbol	Weight
Franklin U.S Core Bond ETF	FLCB	33.76%
BrandywineGLOBAL Flexible Bond IS	LFLSX	12.78%
Franklin U.S. Large Cap Equity IS	LMISX	12.57%
Putnam Large Cap Growth R6	PGOEX	8.05%
Putnam Large Cap Value R6	PEQSX	6.66%
Franklin U.S. Treasury Bond ETF	FLGV	5.46%
Franklin International Equity IS	LIESX	2.90%
Templeton Emerging Markets Equity R6	FDEVX	2.87%
Franklin High Yield Corporate ETF	FLHY	2.78%
Franklin BSP Lending Fund	FBREX	2.50%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.08393	Sep 30, 2026
Jun 30, 2026	$0.07906	Jun 30, 2026
Mar 31, 2026	$0.05846	Mar 31, 2026
Dec 30, 2025	$0.4233	Dec 30, 2025
Sep 30, 2025	$0.08675	Sep 30, 2025
Jun 30, 2025	$0.11664	Jun 30, 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:

Oct 16, 2026

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