FTRAX: Franklin LifeSmart™ Retirement Inc A

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

FTRAX Franklin LifeSmart™ Retirement Inc A


Profile

FTRAX - Profile

Vitals

  • YTD Return 1.1%
  • 3 Yr Annualized Return 0.5%
  • 5 Yr Annualized Return -0.9%
  • Net Assets $50.7 M
  • Holdings in Top 10 98.2%

52 WEEK LOW AND HIGH

$11.27
$10.75
$11.27

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.90%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 46.27%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification

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

Distributions

  • YTD Total Return 1.1%
  • 3 Yr Annualized Total Return 3.2%
  • 5 Yr Annualized Total Return 2.5%
  • Capital Gain Distribution Frequency Semi-Annually
  • Net Income Ratio 4.63%
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
    Aug 01, 2006
  • Shares Outstanding
    3072810
  • Share Class
    A
  • 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.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

FTRAX - Performance

Return Ranking - Trailing

Period FTRAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.1% -0.3% 3.5% 92.49%
1 Yr 4.4% -9.6% 15.2% 89.76%
3 Yr 0.5%* -4.5% 9.1% 77.69%
5 Yr -0.9%* -3.0% 6.2% 86.16%
10 Yr 1.1%* -5.8% 8.0% 74.39%

* Annualized

Return Ranking - Calendar

Period FTRAX Return Category Return Low Category Return High Rank in Category (%)
2019 7.7% -11.2% 22.9% 86.52%
2018 -6.3% -19.1% 0.0% 12.25%
2017 0.8% -12.3% 20.9% 91.75%
2016 1.7% -4.2% 7.5% 86.57%
2015 -7.6% -13.0% 0.0% 89.46%

Total Return Ranking - Trailing

Period FTRAX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.1% -0.3% 3.5% 92.49%
1 Yr 4.8% -9.6% 15.2% 89.39%
3 Yr 3.2%* -4.2% 11.1% 74.37%
5 Yr 2.5%* -3.0% 8.7% 71.91%
10 Yr 5.0%* -4.0% 10.5% 55.71%

* Annualized

Total Return Ranking - Calendar

Period FTRAX Return Category Return Low Category Return High Rank in Category (%)
2019 8.4% -11.2% 22.9% 83.15%
2018 -2.8% -19.1% 0.0% 7.20%
2017 4.8% -12.3% 24.1% 95.15%
2016 5.3% 0.0% 9.8% 51.08%
2015 -2.6% -9.4% 0.7% 56.05%

NAV & Total Return History


Holdings

FTRAX - Holdings

Concentration Analysis

FTRAX Category Low Category High FTRAX % Rank
Net Assets 50.7 M 42 K 46.9 B 60.61%
Number of Holdings 11 1 588 80.89%
Net Assets in Top 10 50.4 M 0 46.7 B 58.38%
Weighting of Top 10 98.20% 0.0% 113.8% 24.85%

Top 10 Holdings

  1. Franklin Income R6 20.14%
  2. Franklin US Government Secs R6 19.90%
  3. Franklin Liberty US Core Bond ETF 19.77%
  4. Franklin LibertyQ US Equity ETF 10.11%
  5. iShares Core US Aggregate Bond ETF 9.90%
  6. Ubs Ag London 0% 5.05%
  7. Vanguard Interm-Term Corp Bd ETF 4.96%
  8. Credit Suisse Ag Nassau Brh Pfd 0% 4.81%
  9. Templeton Global Total Return R6 3.55%

Asset Allocation

Weighting Return Low Return High FTRAX % Rank
Bonds
64.70% -40.53% 79.46% 9.61%
Stocks
21.30% 0.00% 94.10% 92.97%
Preferred Stocks
7.46% 0.00% 7.46% 0.59%
Cash
5.98% -35.61% 112.41% 30.25%
Convertible Bonds
0.56% 0.00% 1.36% 12.66%
Other
0.00% -0.27% 100.06% 90.50%

Stock Sector Breakdown

Weighting Return Low Return High FTRAX % Rank
Healthcare
13.52% 1.62% 18.93% 28.96%
Technology
12.75% 2.95% 20.65% 87.71%
Consumer Defense
12.18% 1.02% 14.47% 2.48%
Utilities
11.37% 0.00% 13.14% 2.01%
Industrials
11.08% 1.62% 16.11% 53.43%
Consumer Cyclical
10.83% 1.88% 12.42% 19.74%
Energy
9.12% 0.59% 15.76% 3.90%
Financial Services
7.49% 3.32% 23.02% 97.52%
Communication Services
4.67% 0.21% 12.50% 94.44%
Basic Materials
3.50% 0.76% 7.66% 83.45%
Real Estate
3.49% 0.43% 46.10% 66.08%

Stock Geographic Breakdown

Weighting Return Low Return High FTRAX % Rank
US
14.44% 0.00% 63.41% 89.92%
Non US
6.86% 0.00% 39.24% 96.60%

Bond Sector Breakdown

Weighting Return Low Return High FTRAX % Rank
Securitized
35.67% 0.00% 45.77% 3.19%
Corporate
33.81% 0.00% 51.51% 6.26%
Government
21.06% 0.00% 99.40% 92.68%
Cash & Equivalents
8.11% 0.60% 112.41% 79.81%
Municipal
1.10% 0.00% 27.51% 16.53%
Derivative
0.25% -82.56% 29.38% 35.18%

Bond Geographic Breakdown

Weighting Return Low Return High FTRAX % Rank
US
58.89% -52.61% 74.67% 7.85%
Non US
5.81% -4.04% 24.72% 34.82%

Expenses

FTRAX - Expenses

Operational Fees

FTRAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.90% 0.00% 5.27% 26.96%
Management Fee 0.25% 0.00% 0.77% 79.25%
12b-1 Fee 0.25% 0.00% 1.00% 34.46%
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

FTRAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 3.50% 5.75% 70.65%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

FTRAX 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.

FTRAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 46.27% 0.00% 207.00% 79.24%

Distributions

FTRAX - Distributions

Dividend Yield Analysis

FTRAX Category Low Category High FTRAX % Rank
Dividend Yield 0.61% 0.00% 2.61% 3.17%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FTRAX Category Low Category High FTRAX % Rank
Net Income Ratio 4.63% -0.45% 4.93% 0.37%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FTRAX - 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 4.54 0.08