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Franklin Target 2029 529 Portfolio

As of 06/16/2026

NAV

$36.35

$-0.04 (-0.11%)
 

POP 1

$36.35

 
 

YTD Total Return At NAV 2

4.72%

 

Overview

Investment Overview

A Target Enrollment Portfolio approach is selecting a portfolio based upon the anticipated year in which withdrawals for Qualified Distributions are expected to begin. The investments of each Target Enrollment Portfolio will change over time to focus less on equity investments and more on risk management, as the applicable target year for the Target Enrollment Portfolio gets closer. After the specified target year for a Target Enrollment Portfolio is reached, the portfolio will consolidate into a Target Enrollment Portfolio designated as “Enrolled”.

Fund Information
Asset Class 
Multi-Asset
Total Net Assets  As of 05/31/2026 (Updated Monthly)
$666.25 Million
Share Class Inception Date 
04/09/2003
Benchmark3 
Blended Benchmark
Investment Style 
Target Date
Sales Charges, Expenses & Fees
As of 06/01/2025
Estimated Underlying Fund Expense Ratio 
0.16%
Program Fee4 
0.25%
Annual Sales Fee5 
1.00%
Total Estimated Annual Asset-Based Fees 
1.41%
Maximum Initial Charge 
-
CDSC6 
1.00%
Identifiers
Ticker 
FTFLX
Fund Number 
6535
CUSIP Code 
645769589

Portfolio Managers

Brett S Goldstein, CFA®

Massachusetts, United States

Managed Fund Since 2026

Laura Green, CFA®

Connecticut, United States

Managed Fund Since 2025

Thomas Nelson, CFA®

Florida, United States

Managed Fund Since 2019

Brendan Burns, CFA®

New York, United States

Managed Fund Since 2025

Performance

Portfolio

Portfolio Holdings

Holdings

As of 05/31/2026 Updated Monthly
Security Name 
Frk US Core Bond ETF UNT SMUT USD NPV TIS# 42058
Weight (%) 
16.47
Market Value ($) 
109,755,823
Quantity 
10,195,426
Security Name 
Frk US Core Equity Fund UNT SMUT USD NPV TIS# 41955
Weight (%) 
16.25
Market Value ($) 
108,235,633
Quantity 
8,233,768
Security Name 
Frk US Treasury Bond ETF UNT SMUT USD NPV TIS# 42059
Weight (%) 
7.83
Market Value ($) 
52,143,303
Quantity 
4,902,168
Security Name 
Frk Intl Core Equity Fund UNT SMUT USD NPV TIS# 41956
Weight (%) 
7.49
Market Value ($) 
49,876,622
Quantity 
3,429,470
Security Name 
SHORT TERM INVESTMENT FUND DREYFUS CASH MGMT FUND
Weight (%) 
6.49
Market Value ($) 
43,220,791
Quantity 
43,220,791
Security Name 
Putnam Lg Cap Growth Fund UNT SMUT USD NPV TIS# 42019
Weight (%) 
6.35
Market Value ($) 
42,287,806
Quantity 
3,249,620
Security Name 
Frk US Lg Cap Mult IDX ETF UNT SMUT USD NPV TIS# 42076
Weight (%) 
5.35
Market Value ($) 
35,617,469
Quantity 
2,653,972
Security Name 
Vgd Total Bond Fund ETF UNT SMUT USD NPV TIS# 42068
Weight (%) 
5.03
Market Value ($) 
33,522,157
Quantity 
3,119,877
Security Name 
Ishare Brd USD Inv Grd ETF UNT SMUT USD NPV TIS# 42066
Weight (%) 
4.91
Market Value ($) 
32,737,796
Quantity 
3,017,356
Security Name 
Frk US Equity Index ETF UNT SMUT USD NPV TIS# 42057
Weight (%) 
4.75
Market Value ($) 
31,679,999
Quantity 
2,432,166

Portfolio holdings are based on the total portfolio and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security. 

Pricing

Pricing History Chart

As of 06/16/2026 Updated Daily

Daily Fund Prices

As of 06/16/2026

Share Prices

As of 06/16/2026
NAV (Net Asset Value)
$36.35
NAV Change 
$-0.04
NAV Change (%) 
-0.11%
POP1 (Public Offering Price)
$36.35

52-Week Range

Highest NAV  As on 06/15/2026
$36.39
Lowest NAV  As on 06/20/2025
$31.91

Documents

Product Literature

Product Literature

PDF Format

Flyer - Franklin 529 College Savings Plan Allocation and Expense Information

PDF Format

Flyer - Franklin 529 College Savings Plan Portfolio Performance Update

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