CIT: Franklin Total Advantage 2050 Fund Unit Class R6 (WLMTDX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
23.67
+0.16 (0.68%)
At close: Jul 9, 2026
Fund Assetsn/a
Expense Ration/a
Min. Investmentn/a
Turnovern/a
Dividend (ttm)n/a
Dividend Yieldn/a
Dividend Growthn/a
Payout Frequencyn/a
Ex-Dividend Daten/a
Previous Close23.51
YTD Return10.85%
1-Year Return21.65%
5-Year Return63.78%
52-Week Low19.31
52-Week High23.67
Beta (5Y)0.87
Holdingsn/a
Inception Daten/a

About WLMTDX

Franklin Total Advantage 2050 Fund Class R6 is a target-date mutual fund designed to support investors planning to retire around the year 2050. Its primary objective is to seek a total return, combining income and long-term capital appreciation, through a diversified portfolio. The fund dynamically adjusts its allocation among various asset classes—including equities, fixed income, and potentially alternative investments—gradually becoming more conservative as 2050 approaches. This strategy aims to balance growth potential in the earlier years with reducing risk as the target date nears, making it suitable for individuals with long-term retirement planning horizons. Key sector exposures within the portfolio include allocations to consumer defensive, energy, and basic materials, among others. With a competitive expense ratio of 0.26% and an asset base near $22 million, the fund plays a specialized role for investors seeking a professionally managed solution that evolves automatically as retirement approaches, helping to simplify long-term investment decisions.

Stock Exchange NASDAQ
Ticker Symbol WLMTDX

Performance

WLMTDX had a total return of 21.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.66%.