Franklin Templeton ConservativeModel II (QLMAJX)

Fund Assets	190.69M
Expense Ratio	0.858%
Min. Investment	$0.00
Turnover	n/a
Dividend (ttm)	0.37
Dividend Yield	3.56%
Dividend Growth	9.52%
Payout Frequency	Annual
Ex-Dividend Date	Dec 30, 2025

Previous Close	10.45
YTD Return	1.06%
1-Year Return	2.03%
5-Year Return	11.03%
52-Week Low	10.14
52-Week High	10.80
Beta (5Y)	n/a
Holdings	18
Inception Date	n/a

About QLMAJX

Franklin Templeton Moderate Model Portfolio Class II is a multi-asset mutual fund designed for insurance-dedicated investments. It seeks capital appreciation by allocating across equity and fixed income strategies, typically maintaining 45% to 65% in equities and 35% to 55% in fixed income, with active monitoring and rebalancing to align with its composite benchmark. The portfolio invests in a selection of underlying mutual funds chosen by New York Life Insurance and Annuity Corporation for variable annuity and variable universal life insurance policies, emphasizing diversification across U.S. large cap blend equities, investment grade bonds, international equities, and non-investment grade bonds. As of late 2025, its asset allocation includes approximately 37% in investment grade bonds, 31% in U.S. large cap blend equities, and smaller exposures to global equities and other sectors, supported by 30 holdings and total net assets of $1.84 billion. Classified in the conservative allocation category by Morningstar and mixed-asset target allocation conservative funds by Lipper, it plays a key role in providing balanced risk-adjusted growth within variable insurance products, subject to market and allocation risks. Inception dates trace to around 2020 for the share class, managed since 2022.

• Stock Exchange: Nasdaq
• Ticker Symbol: QLMAJX
• Share Class: Class II

Performance

QLMAJX had a total return of 2.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.26%.

Top 10 Holdings

83.89% of assets

Name	Symbol	Weight
Fidelity 500 Index Fund	FXAIX	12.81%
American Funds IS US Government Secs 1A	n/a	12.24%
Fidelity VIP Investment Grade Bd II Init	n/a	9.03%
American Funds IS The Bond Fd of Amer1A	n/a	9.02%
Fidelity U.S. Bond Index Fund	FXNAX	8.02%
Nylim Vp Funds Trust BD PORTFOL INITI	n/a	7.52%
BLACKROCK VARIABLE SERIES FUNDS II INC HI YILD VI FD I	BRHYDVF	7.01%
American Funds IS Capital World Bond 1A	n/a	6.92%
PIMCO VARIABLE INSURANCE TRUST TTL RTN BD INS	VPVTRIV	6.52%
PIMCO VARIABLE INSURANCE TRUST FGN BD PTFL I	VPVFHDV	4.81%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$0.37352	Dec 30, 2025
Dec 30, 2024	$0.31871	Dec 30, 2024
Jun 11, 2024	$0.02234	Jun 11, 2024
Dec 28, 2023	$0.30094	Dec 28, 2023
Jun 13, 2023	$0.01145	Jun 13, 2023
Dec 29, 2022	$0.21342	Dec 29, 2022

Data Sources: Tiingo and Finnhub

Historical data is provided by Tiingo. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

Data Sources Report a data error