FLMTX: Franklin LifeSmart™ Retirement Inc R6

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FLMTX Franklin LifeSmart™ Retirement Inc R6


Profile

FLMTX - Profile

Vitals

  • YTD Return 1.2%
  • 3 Yr Annualized Return 0.5%
  • 5 Yr Annualized Return -1.0%
  • Net Assets $50.7 M
  • Holdings in Top 10 98.7%

52 WEEK LOW AND HIGH

$11.33
$10.80
$11.35

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.54%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 46.27%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date Retirement

Distributions

  • YTD Total Return 1.2%
  • 3 Yr Annualized Total Return 3.4%
  • 5 Yr Annualized Total Return 2.7%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 4.93%
DIVIDENDS
  • Dividend Yield 0.6%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Franklin LifeSmart™ Retirement Income Fund
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    May 01, 2013
  • Shares Outstanding
    188387
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Thomas Nelson

Fund Description

The investment manager normally allocates the fund's assets among the broad asset classes of equity and fixed-income investments and strategies by investing primarily in a distinctly-weighted combination of underlying funds, predominantly other Franklin Templeton mutual funds and ETFs. Normally, 30% of the fund's assets are allocated to equity investments and 70% of the fund's assets are allocated to fixed-income investments.


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Categories

Performance

FLMTX - Performance

Return Ranking - Trailing

Period FLMTX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.2% 0.0% 3.7% 84.25%
1 Yr 4.0% -5.5% 13.9% 89.60%
3 Yr 0.5%* -4.5% 8.6% 75.61%
5 Yr -1.0%* -3.0% 5.9% 85.41%
10 Yr N/A* -3.9% 8.0% 39.36%

* Annualized

Return Ranking - Calendar

Period FLMTX Return Category Return Low Category Return High Rank in Category (%)
2019 7.7% -2.4% 22.9% 87.34%
2018 -6.3% -19.1% -3.6% 11.49%
2017 0.8% -12.3% 20.9% 92.18%
2016 1.8% -4.2% 7.5% 88.05%
2015 -7.7% -13.0% -0.3% 89.59%

Total Return Ranking - Trailing

Period FLMTX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.2% 0.0% 3.7% 84.25%
1 Yr 4.4% -5.5% 13.9% 88.72%
3 Yr 3.4%* -4.2% 10.6% 68.46%
5 Yr 2.7%* -3.0% 8.3% 64.59%
10 Yr N/A* -3.9% 10.4% 57.43%

* Annualized

Total Return Ranking - Calendar

Period FLMTX Return Category Return Low Category Return High Rank in Category (%)
2019 8.4% -2.4% 22.9% 83.08%
2018 -2.2% -19.1% -0.9% 2.48%
2017 5.1% -12.3% 24.1% 94.34%
2016 5.6% 0.2% 9.8% 45.05%
2015 -2.4% -9.4% 0.7% 52.49%

NAV & Total Return History


Holdings

FLMTX - Holdings

Concentration Analysis

FLMTX Category Low Category High FLMTX % Rank
Net Assets 50.7 M 42 K 46.9 B 59.98%
Number of Holdings 11 1 588 79.46%
Net Assets in Top 10 50.1 M 0 46.9 B 57.86%
Weighting of Top 10 98.71% 0.0% 100.0% 20.61%

Top 10 Holdings

  1. Franklin Liberty US Core Bond ETF 20.28%
  2. Franklin US Government Secs R6 20.08%
  3. Franklin Income R6 19.82%
  4. iShares Core US Aggregate Bond ETF 10.16%
  5. Franklin LibertyQ US Equity ETF 9.77%
  6. Ubs Ag London 0% 5.15%
  7. Vanguard Interm-Term Corp Bd ETF 5.13%
  8. Credit Suisse Ag Nassau Brh Pfd 0% 4.80%
  9. Templeton Global Total Return R6 3.52%

Asset Allocation

Weighting Return Low Return High FLMTX % Rank
Bonds
64.85% -40.53% 79.28% 9.62%
Stocks
20.65% 0.00% 111.44% 92.84%
Preferred Stocks
7.53% 0.00% 7.53% 0.47%
Cash
6.58% -85.78% 112.41% 26.76%
Convertible Bonds
0.39% 0.00% 1.36% 26.29%
Other
0.00% -0.25% 100.06% 90.96%

Stock Sector Breakdown

Weighting Return Low Return High FLMTX % Rank
Healthcare
13.10% 1.62% 18.73% 37.04%
Technology
12.69% 2.95% 20.65% 87.57%
Consumer Defense
12.21% 1.02% 14.47% 2.37%
Utilities
11.93% 0.00% 13.14% 1.18%
Industrials
11.15% 1.62% 16.11% 50.30%
Consumer Cyclical
10.73% 1.88% 12.42% 28.88%
Energy
9.15% 0.59% 15.76% 3.79%
Financial Services
7.32% 3.32% 23.02% 97.40%
Communication Services
4.63% 0.21% 11.08% 94.32%
Real Estate
3.62% 0.43% 46.10% 67.69%
Basic Materials
3.48% 0.76% 7.66% 83.55%

Stock Geographic Breakdown

Weighting Return Low Return High FLMTX % Rank
US
13.77% 0.00% 64.14% 88.85%
Non US
6.88% 0.00% 47.30% 96.48%

Bond Sector Breakdown

Weighting Return Low Return High FLMTX % Rank
Securitized
34.92% 0.00% 45.77% 4.02%
Corporate
33.28% 0.00% 51.51% 6.26%
Government
21.10% 0.00% 99.40% 92.55%
Cash & Equivalents
8.81% 0.60% 112.41% 78.01%
Municipal
1.13% 0.00% 27.51% 14.66%
Derivative
0.77% -82.56% 32.16% 28.96%

Bond Geographic Breakdown

Weighting Return Low Return High FLMTX % Rank
US
59.13% -52.61% 74.67% 7.51%
Non US
5.72% -3.49% 24.72% 36.62%

Expenses

FLMTX - Expenses

Operational Fees

FLMTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.54% 0.00% 49.96% 51.05%
Management Fee 0.25% 0.00% 0.77% 78.99%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

FLMTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

FLMTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FLMTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 46.27% 0.00% 207.00% 79.10%

Distributions

FLMTX - Distributions

Dividend Yield Analysis

FLMTX Category Low Category High FLMTX % Rank
Dividend Yield 0.65% 0.00% 2.61% 1.88%

Dividend Distribution Analysis

FLMTX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Quarterly

Net Income Ratio Analysis

FLMTX Category Low Category High FLMTX % Rank
Net Income Ratio 4.93% -0.45% 4.93% 0.12%

Capital Gain Distribution Analysis

FLMTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Semi-Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

FLMTX - Fund Manager Analysis

Managers

Thomas Nelson


Start Date

Tenure

Tenure Rank

May 01, 2011

8.76

8.8%

Thomas Nelson is the director of portfolio management and a senior vice president for Franklin Templeton Multi-Asset Solutions (FTMAS). He graduated from the University of Delaware with a B.S. in accounting. As the director of portfolio management and a member of the Investment Strategy and Research Committee, Mr. Nelson manages several Franklin Templeton global mutual funds. He is also a chartered member of the CFA Institute and part of the New York Society of Security Analysts and Chartered Alternative Investment Analyst Association.

May Tong


Start Date

Tenure

Tenure Rank

Feb 28, 2019

0.92

0.9%

May Tong joined ING Investment Management June 2006. May is a Portfolio Manager on the quantitative equity team. Prior to joining ING, she was an associate portfolio manager for five years on the quantitative team at Merrill Lynch Investment Managers with oversight of $60 billion of assets including daily cash management and determination of trading needs and strategies for all index and enhanced strategies. Before that she was an audit intern at Grant Thornton where she assisted with all phases of audit processes for several clients. She received a B.S. in finance and accounting magna cum laude from Boston College, Carrol School of Management and was a member of the Golden Key National Honor Society. She holds the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 17.35 4.52 0.08