Franklin Templeton Conservative Model Portfolio Class II (QLMAJX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.62
+0.04 (0.38%)
At close: Jul 9, 2026
Fund Assetsn/a
Expense Ratio0.85%
Min. Investment$0.00
Turnovern/a
Dividend (ttm)0.37
Dividend Yield3.53%
Dividend Growth9.52%
Payout FrequencyAnnual
Ex-Dividend DateDec 30, 2025
Previous Close10.58
YTD Return2.21%
1-Year Return7.01%
5-Year Return12.96%
52-Week Low10.14
52-Week High10.80
Beta (5Y)n/a
Holdings19
Inception Daten/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 7.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.15%.

Top 10 Holdings

83.96% of assets
NameSymbolWeight
American Funds IS US Government Secs 1An/a12.98%
Fidelity 500 Index FundFXAIX11.02%
Fidelity U.S. Bond Index FundFXNAX9.16%
Fidelity VIP Investment Grade Bd II Initn/a9.15%
American Funds IS The Bond Fd of Amer1An/a8.64%
New York Life Investments VP Funds Trust BD PORTFOL INITIn/a8.12%
BLACKROCK VARIABLE SERIES FUNDS II INC - Blackrock Ser Fds Ii Inc HI YILD VI FD IBRHYDVF7.12%
American Funds IS Capital World Bond 1An/a6.97%
PIMCO VARIABLE INSURANCE TRUST - Pimco Var Ins Tr TTL RTN BD INSVPVTRIV5.82%
PIMCO VARIABLE INSURANCE TRUST - Pimco Var Ins Tr FGN BD PTFL IVPVFHDV5.00%
View More Holdings

Dividend History

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