Franklin Multi-Asset Defensive Growth Fund (LWLAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

13.58

+0.05 (0.37%)

Sep 3, 2025, 4:00 PM EDT

0.37% (1Y)

Fund Assets	127.30M
Expense Ratio	1.92%
Min. Investment	$1,000
Turnover	n/a
Dividend (ttm)	0.40
Dividend Yield	2.98%
Dividend Growth	126.19%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 30, 2025

Previous Close	13.53
YTD Return	5.63%
1-Year Return	5.31%
5-Year Return	14.74%
52-Week Low	12.22
52-Week High	13.63
Beta (5Y)	n/a
Holdings	20
Inception Date	Aug 1, 2012

About LWLAX

The Franklin Multi-Asset Defensive Growth Fund (LWLAX) seeks to maintain a Target Allocation of 30% in underlying funds that invest principally in equity securities and 70% in underlying funds that invest principally in fixed income securities.

Category Allocation--30% to 50% Equity

Stock Exchange NASDAQ

Ticker Symbol LWLAX

Share Class Class C

Index Bloomberg U.S. Aggregate Bond TR

Performance

LWLAX had a total return of 5.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.87%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FTIWX	Fidelity	Fidelity Advisor Asset Manager 20% I	0.52%
FTTNX	Fidelity	Fidelity Advisor Asset Manager 30% M	1.04%
FCANX	Fidelity	Fidelity Asset Manager 30%	1.54%
FTAWX	Fidelity	Fidelity Advisor Asset Manager 20% A	0.77%
FIKWX	Fidelity	Fidelity Advisor Asset Manager 30% Z	0.48%

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%
LMLRX	Class R	1.39%
SBCLX	Class C1	1.84%

Top 10 Holdings

92.32% of assets

Name	Symbol	Weight
Franklin U.S Core Bond ETF	FLCB	39.38%
BrandywineGLOBAL Flexible Bond IS	LFLSX	14.00%
Franklin U.S. Large Cap Equity IS	LMISX	8.63%
ClearBridge Large Cap Growth IS	LSITX	7.48%
Franklin High Yield Corporate ETF	FLHY	7.30%
Putnam Large Cap Value Fund	PEQSX	5.57%
ClearBridge Appreciation IS	LMESX	2.85%
Franklin International Equity Fund	LIESX	2.80%
Putnam Large Cap Growth Fund	PGOEX	2.30%
Franklin Systematic Style Premia ETF	FLSP	2.02%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 30, 2025	$0.0989	Jun 30, 2025
Mar 31, 2025	$0.04416	Mar 31, 2025
Dec 30, 2024	$0.19568	Dec 30, 2024
Sep 30, 2024	$0.06547	Sep 30, 2024
Jun 28, 2024	$0.05053	Jun 28, 2024
Mar 28, 2024	$0.02229	Mar 28, 2024

Full Dividend History