As of 06/12/2026
NAV
$18.99
POP
$20.10
YTD Total Return At NAV
9.26%
As of 05/31/2026
Morningstar Overall Rating™
Overall Morningstar Rating
Rating Category: Target-Date 2045
Morningstar Style Box
[products.morningstar-stylebox-title-sr-equity]
| Large | Size | |||
|---|---|---|---|---|
| Medium | ||||
| Small | ||||
| Value | Blend | Growth | ||
| Style | ||||
Historical Morningstar Ratings
| Years | 3 |
| Ratings | |
| Number of Funds In Category | 181 |
| Years | 5 |
| Ratings | |
| Number of Funds In Category | 169 |
| Years | 10 |
| Ratings | |
| Number of Funds In Category | 116 |
Overview
- Fund Description
- Strategy & Benefits
Fund Description
The fund's investment goal is to seek the highest level of long-term total return consistent with its asset allocation. Total return consists of both capital appreciation and income, with the fund placing an increasing emphasis on fixed income as the target date 2045 approaches, and reaching its final and most conservative asset allocation approximately eight years after the target year. The fund invests primarily in a combination of other Franklin Templeton mutual funds and Franklin Templeton and third party exchange-traded funds (ETFs).
Along with an expectation to retire in or near the year 2045 and delay withdrawals until required minimum distribution age, the fund is designed for investors that want:
- the simplicity of an asset allocation fund paired with a risk management approach.
- active and flexible portfolio management.
- a specialized multi-asset strategy team managing complex investment decisions.
Strategy Statement
"Designed for investors who anticipate retiring on or around 2045, the fund provides asset allocation which adjusts to become progressively more conservative as the target date approaches."
Thomas Nelson, CFA®
Strategy & Benefits
Strategy
Through a dynamic asset allocation approach, the fund provides investors with a target retirement date solution that seeks to:
- Grow: Emphasizes growth early by increasing equity exposure in the fund’s earlier years
- Defend: Reduces equity exposure during periods of extended market volatility
- Reach: Becomes increasingly conservative beyond target retirement date age of 65, reaching for incremental growth until investors are ready to draw income at required minimum distribution age
- Sustain: Converts to a managed payout fund five years after reaching retirement target date
Benefits
- Behavior based: Designed with an understanding of investor behavior and expectations throughout the journey to retirement
- Outcome engineered: Reflects the need for growth but responds to potential damage a prolonged bear market can wreak in the retirement savings home stretch
- Integrated best thinking: A global, integrated, and disciplined approach to asset allocation, capturing Franklin Templeton’s best thinking across and within asset classes
Fund Information
Asset Class
Multi-Asset
Share Class Inception Date
08/01/2006
Fund Inception Date
08/01/2006
Benchmark
Blended Benchmark
Additional Benchmark
MSCI All Country World Index-NR
Additional Benchmark
Bloomberg Multiverse Index
Investment Style
Target Date
Morningstar Category
Target-Date 2045
Lipper Classification
Mixed-Asset Target 2045 Funds
Dividend Frequency, if any
Semiannually
Total Net Assets
$135.37 Million
Sales Charges, Expenses & Fees
Gross Expense Ratio
1.00%
Net Expense Ratio
0.70%
Maximum Initial Charge
5.50%
CDSC
N/A
12b-1 Fee
0.25%
Identifiers
Ticker
FTTAX
Fund Number
451
CUSIP Code
35472P521
Portfolio Managers
Performance
- Average Annual Total Returns
- Calendar Year Returns
- Cumulative Total Returns
- Risk Measures
Average Annual Total Returns
Average Annual Total Returns
2026
2026
Selected Month May 2026
Month End As of 05/31/2026 | 1 Year | 3 Years | 5 Years | 10 Years | Since Inception 08/01/2006 | |
|---|---|---|---|---|---|---|
| Class A - With Sales Charge (POP) (%) | 19.15 | 17.20 | 8.29 | 10.13 | 7.72 | |
| Class A - Without Sales Charge (NAV) (%) | 26.11 | 19.44 | 9.51 | 10.76 | 8.02 | |
| Blended Benchmark (%) | 26.35 | 19.91 | 9.93 | 11.23 | 8.17 | |
| MSCI All Country World Index-NR (%) | 30.27 | 22.29 | 11.45 | 12.81 | 8.56 | |
| Bloomberg Multiverse Index (%) | 3.54 | 3.97 | -1.34 | 0.97 | 2.55 |
Month End
Class A - With Sales Charge (POP) (%)
1 Year
19.15
3 Years
17.20
5 Years
8.29
10 Years
10.13
Since Inception
7.72
Month End
Class A - Without Sales Charge (NAV) (%)
1 Year
26.11
3 Years
19.44
5 Years
9.51
10 Years
10.76
Since Inception
8.02
Month End
Blended Benchmark (%)
1 Year
26.35
3 Years
19.91
5 Years
9.93
10 Years
11.23
Since Inception
8.17
Month End
MSCI All Country World Index-NR (%)
1 Year
30.27
3 Years
22.29
5 Years
11.45
10 Years
12.81
Since Inception
8.56
Month End
Bloomberg Multiverse Index (%)
1 Year
3.54
3 Years
3.97
5 Years
-1.34
10 Years
0.97
Since Inception
2.55
Calendar Year Returns
Calendar Year Returns
Month End As of 05/31/2026 | YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | Performance Inception Date | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Class A - With Sales Charge (POP) (%) | 4.19 | 13.56 | 8.37 | 12.11 | -22.18 | 10.62 | 9.40 | 15.61 | -12.50 | 11.92 | -2.68 | 08/01/2006 | |
| Class A - Without Sales Charge (NAV) (%) | 10.24 | 20.16 | 14.69 | 18.65 | -17.67 | 17.06 | 15.76 | 22.33 | -7.42 | 18.72 | 3.29 | 08/01/2006 | |
| Blended Benchmark (%) | 10.48 | 20.45 | 15.18 | 20.42 | -18.08 | 16.67 | 15.72 | 22.84 | -7.39 | 19.83 | 6.73 | — | |
| MSCI All Country World Index-NR (%) | 12.15 | 22.34 | 17.49 | 22.20 | -18.36 | 18.54 | 16.25 | 26.60 | -9.42 | 23.97 | 7.86 | — | |
| Bloomberg Multiverse Index (%) | 0.55 | 8.42 | -1.34 | 6.05 | -16.01 | -4.51 | 9.02 | 7.13 | -1.36 | 7.69 | 2.84 | — |
Cumulative Total Returns
Cumulative Total Returns
2006
2006
Selected Month August 2006
2026
2026
Selected Month May 2026
Month End As of 05/31/2026 | YTD | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception 08/01/2006 | |
|---|---|---|---|---|---|---|---|---|
| Class A - With Sales Charge (POP) (%) | 4.19 | 19.15 | 60.99 | 48.89 | 162.47 | 236.67 | 336.81 | |
| Class A - Without Sales Charge (NAV) (%) | 10.24 | 26.11 | 70.41 | 57.52 | 177.80 | 256.38 | 362.14 | |
| Blended Benchmark (%) | 10.48 | 26.35 | 72.41 | 60.52 | 189.73 | 309.80 | 374.34 | |
| MSCI All Country World Index-NR (%) | 12.15 | 30.27 | 82.93 | 71.97 | 233.67 | 329.35 | 409.44 | |
| Bloomberg Multiverse Index (%) | 0.55 | 3.54 | 12.40 | -6.52 | 10.08 | 17.58 | 64.75 |
Historical Cumulative Total Returns
2026
2026
Selected Month May 2026
Month End As of 05/31/2026 | YTD | 1 Year | 3 Years | 5 Years | 10 Years | 15 Years | Since Inception 08/01/2006 | |
|---|---|---|---|---|---|---|---|---|
| Class A - With Sales Charge (POP) (%) | 4.19 | 19.15 | 60.99 | 48.89 | 162.47 | 236.67 | 336.81 | |
| Class A - Without Sales Charge (NAV) (%) | 10.24 | 26.11 | 70.41 | 57.52 | 177.80 | 256.38 | 362.14 | |
| Blended Benchmark (%) | 10.48 | 26.35 | 72.41 | 60.52 | 189.73 | 309.80 | 374.34 | |
| MSCI All Country World Index-NR (%) | 12.15 | 30.27 | 82.93 | 71.97 | 233.67 | 329.35 | 409.44 | |
| Bloomberg Multiverse Index (%) | 0.55 | 3.54 | 12.40 | -6.52 | 10.08 | 17.58 | 64.75 |
Risk Measures
Risk Measures
Measured against: Blended Benchmark
| Statistics | 3 Years | 5 Years | 10 Years |
|---|---|---|---|
| Alpha (%) | 0.16 | -0.28 | -0.16 |
| Beta | 0.96 | 0.98 | 0.97 |
| Beta Bear | 0.93 | 0.92 | 0.97 |
| Beta Bull | 0.95 | 0.96 | 0.95 |
| Bull Bear Capture Ratio | 1.00 | 0.98 | 0.98 |
| R-Squared | 0.99 | 0.99 | 0.99 |
| Correlation | 0.99 | 0.99 | 0.99 |
| Historical Tracking Error | 1.42 | 1.46 | 1.66 |
| Information Ratio | -0.33 | -0.28 | -0.28 |
| Standard Deviation (%) | 3 Years | 5 Years | 10 Years |
|---|---|---|---|
| Class A - Without Sales Charge (NAV) | 11.19 | 13.74 | 13.15 |
| Blended Benchmark | 11.58 | 13.91 | 13.50 |
| Sharpe Ratio (%) | 3 Years | 5 Years | 10 Years |
|---|---|---|---|
| Class A - Without Sales Charge (NAV) | 1.33 | 0.44 | 0.64 |
Portfolio
Assets
Total Net Assets
$135.37 Million
Positions
| Fund | Benchmark | |
|---|---|---|
| Number of Issuers | 16 | 2,513 |
Portfolio Allocations
Asset Allocation
Chart
Bar chart with 5 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.9391 to 57.1041.
0%20%40%60%
End of interactive chart.
| Fund | ||
|---|---|---|
| Domestic Equity | 57.10% | |
| Foreign Equity Funds | 29.59% | |
| Fixed Income Funds | 10.56% | |
| Alternatives | 0.94% | |
| Cash & Cash Equivalents | 1.81% |
Portfolio Holdings
- Holdings
- Top Ten Holdings
Holdings
Holdings
Security Name
FFAS-Franklin U.S. Core Equity (IU) Fund OEMF USD 1 CL A Income
Weight (%)
20.23
Market Value ($)
27,390,614
Quantity
1,278,143
Security Name
Franklin U.S. Equity Index ETF ETF USD NPV TIS A/C# 21414
Weight (%)
11.32
Market Value ($)
15,319,678
Quantity
231,625
Security Name
FFAS-Franklin International Core Equity (IU) Fund OEMF USD 1 CL USD INC Income
Weight (%)
10.87
Market Value ($)
14,713,372
Quantity
993,475
Security Name
Franklin U.S. Core Bond ETF ETF USD NPV TIS A/C# 28565
Weight (%)
10.06
Market Value ($)
13,620,986
Quantity
635,011
Security Name
Putnam Large Cap Value Fund OEMF USD 1 CL R6 Income
Weight (%)
7.02
Market Value ($)
9,507,559
Quantity
222,764
Security Name
FFAS-FRANKLIN EMERGING MARKET CORE EQUITY (IU) FUND OEMF USD 1 CL USD INC Income
Weight (%)
6.79
Market Value ($)
9,196,825
Quantity
556,372
Security Name
Franklin U.S. Large Cap Multifactor Index ETF ETF USD NPV TIS A/C #25773
Weight (%)
6.71
Market Value ($)
9,076,664
Quantity
116,892
Security Name
FCF-FRANKLIN GROWTH FUND OEMF USD NPV CL R6 TIS A/C# 4306
Weight (%)
6.37
Market Value ($)
8,624,964
Quantity
59,221
Security Name
Putnam Large Cap Growth Fund OEMF USD 1 CL R6 Income
Weight (%)
5.17
Market Value ($)
6,994,360
Quantity
77,397
Security Name
Templeton Emerging Markets Equity Fund OEMF USD NPV CL R6 TIS A/C# 505
Weight (%)
5.08
Market Value ($)
6,871,771
Quantity
189,149
Top Ten Holdings
Top Securities
Chart
Bar chart with 10 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 5.0762 to 20.2337.
0%5%10%15%20%25%
End of interactive chart.
| Fund | ||
|---|---|---|
| Franklin U.S. Core Equity (IU) Fund | 20.23% | |
| Franklin U.S. Equity Index ETF | 11.32% | |
| Franklin International Core Equity (IU) Fund | 10.87% | |
| Franklin U.S. Core Bond ETF | 10.06% | |
| Putnam Large Cap Value Fund | 7.02% | |
| Franklin Emerging Market Core Equity (IU) Fund | 6.79% | |
| Franklin U.S. Large Cap Multifactor Index ETF | 6.71% | |
| Franklin Growth Fund, Class R6 | 6.37% | |
| Putnam Large Cap Growth Fund | 5.17% | |
| Templeton Emerging Markets Equity Fund, Class R6 | 5.08% |
Distributions & Tax
- Distributions
- Tax Information
Distributions
Distribution Schedules
Dividend Frequency, if any
Semiannually
Capital Gain Distributions
June, December
Distributions Per Share
Current Year Distributions Per Share
Distributions with future dates are estimates and those figures are not final
| Record Date | Ex-Dividend Date | Reinvestment Date | Payable Date | Reinvestment Amount | Long-Term Capital Gains | Short-Term Capital Gains | Income | Total Distribution Per Share |
|---|---|---|---|---|---|---|---|---|
| 12/29/2025 | 12/30/2025 | 12/30/2025 | 12/30/2025 | $17.47000 | $0.17550 | $0.02790 | $0.32520 | $0.52860 |
Historical Distributions Per Share
Since Inception Year
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
- 2013
- 2012
- 2011
- 2010
- 2009
- 2008
- 2007
- 2006
- Since Inception
| Record Date | Ex-Dividend Date | Reinvestment Date | Payable Date | Reinvestment Amount | Long-Term Capital Gains | Short-Term Capital Gains | Income | Total Distribution Per Share |
|---|---|---|---|---|---|---|---|---|
| 12/29/2025 | 12/30/2025 | 12/30/2025 | 12/30/2025 | $17.47 | $0.1755 | $0.0279 | $0.3252 | $0.5286 |
| 06/13/2025 | 06/16/2025 | 06/16/2025 | 06/16/2025 | $15.93 | $0.6128 | $0.0058 | — | $0.6186 |
| 12/27/2024 | 12/30/2024 | 12/30/2024 | 12/30/2024 | $15.52 | $0.0539 | $0.0854 | $0.1641 | $0.3034 |
| 09/27/2024 | 09/30/2024 | 09/30/2024 | 09/30/2024 | $16.07 | — | — | $0.0474 | $0.0474 |
| 06/27/2024 | 06/28/2024 | 06/28/2024 | 06/28/2024 | $15.29 | — | — | $0.0486 | $0.0486 |
| 06/14/2024 | 06/17/2024 | 06/17/2024 | 06/17/2024 | $15.35 | — | $0.0007 | — | $0.0007 |
| 03/27/2024 | 03/28/2024 | 03/28/2024 | 03/28/2024 | $15.02 | — | — | $0.0582 | $0.0582 |
| 12/27/2023 | 12/28/2023 | 12/28/2023 | 12/28/2023 | $13.92 | — | — | $0.0752 | $0.0752 |
| 09/28/2023 | 09/29/2023 | 09/29/2023 | 09/29/2023 | $12.66 | — | — | $0.0567 | $0.0567 |
| 06/29/2023 | 06/30/2023 | 06/30/2023 | 06/30/2023 | $13.18 | — | — | $0.0631 | $0.0631 |
| 06/14/2023 | 06/15/2023 | 06/15/2023 | 06/15/2023 | $13.26 | $0.0684 | — | — | $0.0684 |
| 03/30/2023 | 03/31/2023 | 03/31/2023 | 03/31/2023 | $12.71 | — | — | $0.0544 | $0.0544 |
| 12/28/2022 | 12/29/2022 | 12/29/2022 | 12/29/2022 | $12.06 | — | — | $0.0232 | $0.0232 |
| 09/29/2022 | 09/30/2022 | 09/30/2022 | 09/30/2022 | $11.01 | — | — | $0.0286 | $0.0286 |
| 06/29/2022 | 06/30/2022 | 06/30/2022 | 06/30/2022 | $11.78 | — | — | $0.0303 | $0.0303 |
| 06/14/2022 | 06/15/2022 | 06/15/2022 | 06/15/2022 | $11.89 | $0.4132 | — | — | $0.4132 |
| 12/29/2021 | 12/30/2021 | 12/30/2021 | 12/30/2021 | $15.20 | $1.9591 | $0.5728 | $0.3719 | $2.9038 |
| 09/27/2021 | 09/28/2021 | 09/28/2021 | 09/28/2021 | $17.16 | — | — | $0.0355 | $0.0355 |
| 06/25/2021 | 06/28/2021 | 06/28/2021 | 06/28/2021 | $17.29 | $0.2134 | $0.0929 | $0.038 | $0.3443 |
| 03/26/2021 | 03/29/2021 | 03/29/2021 | 03/29/2021 | $16.50 | — | — | $0.005 | $0.005 |
| 12/29/2020 | 12/30/2020 | 12/30/2020 | 12/30/2020 | $15.75 | $0.0421 | $0.0354 | $0.1231 | $0.2006 |
| 09/25/2020 | 09/28/2020 | 09/28/2020 | 09/28/2020 | $14.31 | — | — | $0.038 | $0.038 |
| 06/25/2020 | 06/26/2020 | 06/26/2020 | 06/26/2020 | $13.06 | $0.3567 | — | $0.0215 | $0.3782 |
| 03/26/2020 | 03/27/2020 | 03/27/2020 | 03/27/2020 | $11.44 | — | — | $0.0074 | $0.0074 |
| 12/27/2019 | 12/30/2019 | 12/30/2019 | 12/31/2019 | $14.24 | $0.0689 | — | $0.1201 | $0.189 |
| 09/25/2019 | 09/26/2019 | 09/26/2019 | 09/30/2019 | $13.50 | — | — | $0.0284 | $0.0284 |
| 06/25/2019 | 06/26/2019 | 06/26/2019 | 06/28/2019 | $13.38 | $0.1484 | — | $0.0542 | $0.2026 |
| 03/26/2019 | 03/27/2019 | 03/27/2019 | 03/29/2019 | $13.22 | — | — | $0.0069 | $0.0069 |
| 12/27/2018 | 12/28/2018 | 12/28/2018 | 12/31/2018 | $11.97 | $0.2804 | — | $0.1833 | $0.4637 |
| 09/25/2018 | 09/26/2018 | 09/26/2018 | 09/28/2018 | $14.06 | — | — | $0.0781 | $0.0781 |
| 06/26/2018 | 06/27/2018 | 06/27/2018 | 06/29/2018 | $13.53 | $0.1988 | — | — | $0.1988 |
| 03/26/2018 | 03/27/2018 | 03/27/2018 | 03/29/2018 | $13.67 | — | — | $0.0085 | $0.0085 |
| 12/27/2017 | 12/28/2017 | 12/28/2017 | 12/29/2017 | $13.79 | — | — | $0.2041 | $0.2041 |
| 03/28/2017 | 03/29/2017 | 03/29/2017 | 03/31/2017 | $12.51 | — | — | $0.086 | $0.086 |
| 12/28/2016 | 12/29/2016 | 12/29/2016 | 12/30/2016 | $11.87 | — | — | $0.0933 | $0.0933 |
| 06/27/2016 | 06/28/2016 | 06/28/2016 | 06/30/2016 | $11.22 | $0.1407 | $0.0276 | — | $0.1683 |
| 03/28/2016 | 03/29/2016 | 03/29/2016 | 03/31/2016 | $11.53 | — | — | $0.0037 | $0.0037 |
| 12/29/2015 | 12/30/2015 | 12/30/2015 | 12/31/2015 | $11.82 | $0.2787 | — | $0.1657 | $0.4444 |
| 06/25/2015 | 06/26/2015 | 06/26/2015 | 06/30/2015 | $13.06 | $0.2282 | $0.0135 | — | $0.2417 |
| 03/26/2015 | 03/27/2015 | 03/27/2015 | 03/31/2015 | $13.04 | — | — | $0.0076 | $0.0076 |
| 12/29/2014 | 12/30/2014 | 12/30/2014 | 12/31/2014 | $12.76 | $0.305 | $0.074 | $0.2194 | $0.5984 |
| 06/25/2014 | 06/26/2014 | 06/26/2014 | 06/30/2014 | $13.15 | $0.2143 | — | — | $0.2143 |
| 03/26/2014 | 03/27/2014 | 03/27/2014 | 03/31/2014 | $12.91 | — | — | $0.0036 | $0.0036 |
| 12/27/2013 | 12/30/2013 | 12/30/2013 | 12/31/2013 | $12.84 | $0.1531 | $0.0728 | $0.1473 | $0.3732 |
| 06/25/2013 | 06/26/2013 | 06/26/2013 | 06/28/2013 | $11.32 | $0.1572 | — | — | $0.1572 |
| 03/25/2013 | 03/26/2013 | 03/26/2013 | 03/28/2013 | $11.49 | — | — | $0.0007 | $0.0007 |
| 12/27/2012 | 12/28/2012 | 12/28/2012 | 12/31/2012 | $10.80 | — | — | $0.1404 | $0.1404 |
| 03/27/2012 | 03/28/2012 | 03/28/2012 | 03/30/2012 | $10.83 | — | — | $0.0103 | $0.0103 |
| 12/27/2011 | 12/28/2011 | 12/28/2011 | 12/30/2011 | $9.94 | — | — | $0.123 | $0.123 |
| 03/28/2011 | 03/29/2011 | 03/29/2011 | 03/31/2011 | $10.82 | — | — | $0.0131 | $0.0131 |
| 12/28/2010 | 12/29/2010 | 12/29/2010 | 12/31/2010 | $10.46 | — | — | $0.1391 | $0.1391 |
| 03/26/2010 | 03/29/2010 | 03/29/2010 | 03/31/2010 | $9.46 | — | — | $0.0042 | $0.0042 |
| 12/28/2009 | 12/29/2009 | 12/29/2009 | 12/31/2009 | $9.18 | — | — | $0.0957 | $0.0957 |
| — | 06/30/2009 | — | — | $7.50 | $0.1448 | — | — | $0.1448 |
| 03/30/2009 | 03/31/2009 | 03/31/2009 | 04/02/2009 | $6.49 | — | — | $0.0026 | $0.0026 |
| 12/26/2008 | 12/29/2008 | 12/29/2008 | 12/31/2008 | $6.65 | $0.0088 | — | $0.0808 | $0.0896 |
| — | 06/30/2008 | — | — | $10.06 | $0.3612 | — | — | $0.3612 |
| 03/14/2008 | 03/17/2008 | 03/17/2008 | 03/19/2008 | $9.99 | — | — | $0.0031 | $0.0031 |
| 12/27/2007 | 12/28/2007 | 12/28/2007 | 12/31/2007 | $11.60 | $0.0523 | — | $0.1585 | $0.2108 |
| 06/19/2007 | 06/19/2007 | — | 06/19/2007 | $11.69 | $0.336 | $0.001 | — | $0.337 |
| 03/14/2007 | 03/15/2007 | 03/15/2007 | 03/19/2007 | $10.92 | — | — | $0.0029 | $0.0029 |
| 12/27/2006 | 12/28/2006 | 12/28/2006 | 12/29/2006 | $10.91 | $0.0264 | $0.0056 | $0.1338 | $0.1658 |
Record Date
12/29/2025
Ex-Dividend Date
12/30/2025
Reinvestment Date
12/30/2025
Payable Date
12/30/2025
Reinvestment Amount
$17.47
Long-Term Capital Gains
$0.1755
Short-Term Capital Gains
$0.0279
Income
$0.3252
Total Distribution Per Share
$0.5286
Record Date
06/13/2025
Ex-Dividend Date
06/16/2025
Reinvestment Date
06/16/2025
Payable Date
06/16/2025
Reinvestment Amount
$15.93
Long-Term Capital Gains
$0.6128
Short-Term Capital Gains
$0.0058
Income
—
Total Distribution Per Share
$0.6186
Record Date
12/27/2024
Ex-Dividend Date
12/30/2024
Reinvestment Date
12/30/2024
Payable Date
12/30/2024
Reinvestment Amount
$15.52
Long-Term Capital Gains
$0.0539
Short-Term Capital Gains
$0.0854
Income
$0.1641
Total Distribution Per Share
$0.3034
Record Date
09/27/2024
Ex-Dividend Date
09/30/2024
Reinvestment Date
09/30/2024
Payable Date
09/30/2024
Reinvestment Amount
$16.07
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0474
Total Distribution Per Share
$0.0474
Record Date
06/27/2024
Ex-Dividend Date
06/28/2024
Reinvestment Date
06/28/2024
Payable Date
06/28/2024
Reinvestment Amount
$15.29
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0486
Total Distribution Per Share
$0.0486
Record Date
06/14/2024
Ex-Dividend Date
06/17/2024
Reinvestment Date
06/17/2024
Payable Date
06/17/2024
Reinvestment Amount
$15.35
Long-Term Capital Gains
—
Short-Term Capital Gains
$0.0007
Income
—
Total Distribution Per Share
$0.0007
Record Date
03/27/2024
Ex-Dividend Date
03/28/2024
Reinvestment Date
03/28/2024
Payable Date
03/28/2024
Reinvestment Amount
$15.02
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0582
Total Distribution Per Share
$0.0582
Record Date
12/27/2023
Ex-Dividend Date
12/28/2023
Reinvestment Date
12/28/2023
Payable Date
12/28/2023
Reinvestment Amount
$13.92
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0752
Total Distribution Per Share
$0.0752
Record Date
09/28/2023
Ex-Dividend Date
09/29/2023
Reinvestment Date
09/29/2023
Payable Date
09/29/2023
Reinvestment Amount
$12.66
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0567
Total Distribution Per Share
$0.0567
Record Date
06/29/2023
Ex-Dividend Date
06/30/2023
Reinvestment Date
06/30/2023
Payable Date
06/30/2023
Reinvestment Amount
$13.18
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0631
Total Distribution Per Share
$0.0631
Record Date
06/14/2023
Ex-Dividend Date
06/15/2023
Reinvestment Date
06/15/2023
Payable Date
06/15/2023
Reinvestment Amount
$13.26
Long-Term Capital Gains
$0.0684
Short-Term Capital Gains
—
Income
—
Total Distribution Per Share
$0.0684
Record Date
03/30/2023
Ex-Dividend Date
03/31/2023
Reinvestment Date
03/31/2023
Payable Date
03/31/2023
Reinvestment Amount
$12.71
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0544
Total Distribution Per Share
$0.0544
Record Date
12/28/2022
Ex-Dividend Date
12/29/2022
Reinvestment Date
12/29/2022
Payable Date
12/29/2022
Reinvestment Amount
$12.06
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0232
Total Distribution Per Share
$0.0232
Record Date
09/29/2022
Ex-Dividend Date
09/30/2022
Reinvestment Date
09/30/2022
Payable Date
09/30/2022
Reinvestment Amount
$11.01
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0286
Total Distribution Per Share
$0.0286
Record Date
06/29/2022
Ex-Dividend Date
06/30/2022
Reinvestment Date
06/30/2022
Payable Date
06/30/2022
Reinvestment Amount
$11.78
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0303
Total Distribution Per Share
$0.0303
Record Date
06/14/2022
Ex-Dividend Date
06/15/2022
Reinvestment Date
06/15/2022
Payable Date
06/15/2022
Reinvestment Amount
$11.89
Long-Term Capital Gains
$0.4132
Short-Term Capital Gains
—
Income
—
Total Distribution Per Share
$0.4132
Record Date
12/29/2021
Ex-Dividend Date
12/30/2021
Reinvestment Date
12/30/2021
Payable Date
12/30/2021
Reinvestment Amount
$15.20
Long-Term Capital Gains
$1.9591
Short-Term Capital Gains
$0.5728
Income
$0.3719
Total Distribution Per Share
$2.9038
Record Date
09/27/2021
Ex-Dividend Date
09/28/2021
Reinvestment Date
09/28/2021
Payable Date
09/28/2021
Reinvestment Amount
$17.16
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0355
Total Distribution Per Share
$0.0355
Record Date
06/25/2021
Ex-Dividend Date
06/28/2021
Reinvestment Date
06/28/2021
Payable Date
06/28/2021
Reinvestment Amount
$17.29
Long-Term Capital Gains
$0.2134
Short-Term Capital Gains
$0.0929
Income
$0.038
Total Distribution Per Share
$0.3443
Record Date
03/26/2021
Ex-Dividend Date
03/29/2021
Reinvestment Date
03/29/2021
Payable Date
03/29/2021
Reinvestment Amount
$16.50
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.005
Total Distribution Per Share
$0.005
Record Date
12/29/2020
Ex-Dividend Date
12/30/2020
Reinvestment Date
12/30/2020
Payable Date
12/30/2020
Reinvestment Amount
$15.75
Long-Term Capital Gains
$0.0421
Short-Term Capital Gains
$0.0354
Income
$0.1231
Total Distribution Per Share
$0.2006
Record Date
09/25/2020
Ex-Dividend Date
09/28/2020
Reinvestment Date
09/28/2020
Payable Date
09/28/2020
Reinvestment Amount
$14.31
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.038
Total Distribution Per Share
$0.038
Record Date
06/25/2020
Ex-Dividend Date
06/26/2020
Reinvestment Date
06/26/2020
Payable Date
06/26/2020
Reinvestment Amount
$13.06
Long-Term Capital Gains
$0.3567
Short-Term Capital Gains
—
Income
$0.0215
Total Distribution Per Share
$0.3782
Record Date
03/26/2020
Ex-Dividend Date
03/27/2020
Reinvestment Date
03/27/2020
Payable Date
03/27/2020
Reinvestment Amount
$11.44
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0074
Total Distribution Per Share
$0.0074
Record Date
12/27/2019
Ex-Dividend Date
12/30/2019
Reinvestment Date
12/30/2019
Payable Date
12/31/2019
Reinvestment Amount
$14.24
Long-Term Capital Gains
$0.0689
Short-Term Capital Gains
—
Income
$0.1201
Total Distribution Per Share
$0.189
Record Date
09/25/2019
Ex-Dividend Date
09/26/2019
Reinvestment Date
09/26/2019
Payable Date
09/30/2019
Reinvestment Amount
$13.50
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0284
Total Distribution Per Share
$0.0284
Record Date
06/25/2019
Ex-Dividend Date
06/26/2019
Reinvestment Date
06/26/2019
Payable Date
06/28/2019
Reinvestment Amount
$13.38
Long-Term Capital Gains
$0.1484
Short-Term Capital Gains
—
Income
$0.0542
Total Distribution Per Share
$0.2026
Record Date
03/26/2019
Ex-Dividend Date
03/27/2019
Reinvestment Date
03/27/2019
Payable Date
03/29/2019
Reinvestment Amount
$13.22
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0069
Total Distribution Per Share
$0.0069
Record Date
12/27/2018
Ex-Dividend Date
12/28/2018
Reinvestment Date
12/28/2018
Payable Date
12/31/2018
Reinvestment Amount
$11.97
Long-Term Capital Gains
$0.2804
Short-Term Capital Gains
—
Income
$0.1833
Total Distribution Per Share
$0.4637
Record Date
09/25/2018
Ex-Dividend Date
09/26/2018
Reinvestment Date
09/26/2018
Payable Date
09/28/2018
Reinvestment Amount
$14.06
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0781
Total Distribution Per Share
$0.0781
Record Date
06/26/2018
Ex-Dividend Date
06/27/2018
Reinvestment Date
06/27/2018
Payable Date
06/29/2018
Reinvestment Amount
$13.53
Long-Term Capital Gains
$0.1988
Short-Term Capital Gains
—
Income
—
Total Distribution Per Share
$0.1988
Record Date
03/26/2018
Ex-Dividend Date
03/27/2018
Reinvestment Date
03/27/2018
Payable Date
03/29/2018
Reinvestment Amount
$13.67
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0085
Total Distribution Per Share
$0.0085
Record Date
12/27/2017
Ex-Dividend Date
12/28/2017
Reinvestment Date
12/28/2017
Payable Date
12/29/2017
Reinvestment Amount
$13.79
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.2041
Total Distribution Per Share
$0.2041
Record Date
03/28/2017
Ex-Dividend Date
03/29/2017
Reinvestment Date
03/29/2017
Payable Date
03/31/2017
Reinvestment Amount
$12.51
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.086
Total Distribution Per Share
$0.086
Record Date
12/28/2016
Ex-Dividend Date
12/29/2016
Reinvestment Date
12/29/2016
Payable Date
12/30/2016
Reinvestment Amount
$11.87
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0933
Total Distribution Per Share
$0.0933
Record Date
06/27/2016
Ex-Dividend Date
06/28/2016
Reinvestment Date
06/28/2016
Payable Date
06/30/2016
Reinvestment Amount
$11.22
Long-Term Capital Gains
$0.1407
Short-Term Capital Gains
$0.0276
Income
—
Total Distribution Per Share
$0.1683
Record Date
03/28/2016
Ex-Dividend Date
03/29/2016
Reinvestment Date
03/29/2016
Payable Date
03/31/2016
Reinvestment Amount
$11.53
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0037
Total Distribution Per Share
$0.0037
Record Date
12/29/2015
Ex-Dividend Date
12/30/2015
Reinvestment Date
12/30/2015
Payable Date
12/31/2015
Reinvestment Amount
$11.82
Long-Term Capital Gains
$0.2787
Short-Term Capital Gains
—
Income
$0.1657
Total Distribution Per Share
$0.4444
Record Date
06/25/2015
Ex-Dividend Date
06/26/2015
Reinvestment Date
06/26/2015
Payable Date
06/30/2015
Reinvestment Amount
$13.06
Long-Term Capital Gains
$0.2282
Short-Term Capital Gains
$0.0135
Income
—
Total Distribution Per Share
$0.2417
Record Date
03/26/2015
Ex-Dividend Date
03/27/2015
Reinvestment Date
03/27/2015
Payable Date
03/31/2015
Reinvestment Amount
$13.04
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0076
Total Distribution Per Share
$0.0076
Record Date
12/29/2014
Ex-Dividend Date
12/30/2014
Reinvestment Date
12/30/2014
Payable Date
12/31/2014
Reinvestment Amount
$12.76
Long-Term Capital Gains
$0.305
Short-Term Capital Gains
$0.074
Income
$0.2194
Total Distribution Per Share
$0.5984
Record Date
06/25/2014
Ex-Dividend Date
06/26/2014
Reinvestment Date
06/26/2014
Payable Date
06/30/2014
Reinvestment Amount
$13.15
Long-Term Capital Gains
$0.2143
Short-Term Capital Gains
—
Income
—
Total Distribution Per Share
$0.2143
Record Date
03/26/2014
Ex-Dividend Date
03/27/2014
Reinvestment Date
03/27/2014
Payable Date
03/31/2014
Reinvestment Amount
$12.91
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0036
Total Distribution Per Share
$0.0036
Record Date
12/27/2013
Ex-Dividend Date
12/30/2013
Reinvestment Date
12/30/2013
Payable Date
12/31/2013
Reinvestment Amount
$12.84
Long-Term Capital Gains
$0.1531
Short-Term Capital Gains
$0.0728
Income
$0.1473
Total Distribution Per Share
$0.3732
Record Date
06/25/2013
Ex-Dividend Date
06/26/2013
Reinvestment Date
06/26/2013
Payable Date
06/28/2013
Reinvestment Amount
$11.32
Long-Term Capital Gains
$0.1572
Short-Term Capital Gains
—
Income
—
Total Distribution Per Share
$0.1572
Record Date
03/25/2013
Ex-Dividend Date
03/26/2013
Reinvestment Date
03/26/2013
Payable Date
03/28/2013
Reinvestment Amount
$11.49
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0007
Total Distribution Per Share
$0.0007
Record Date
12/27/2012
Ex-Dividend Date
12/28/2012
Reinvestment Date
12/28/2012
Payable Date
12/31/2012
Reinvestment Amount
$10.80
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.1404
Total Distribution Per Share
$0.1404
Record Date
03/27/2012
Ex-Dividend Date
03/28/2012
Reinvestment Date
03/28/2012
Payable Date
03/30/2012
Reinvestment Amount
$10.83
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0103
Total Distribution Per Share
$0.0103
Record Date
12/27/2011
Ex-Dividend Date
12/28/2011
Reinvestment Date
12/28/2011
Payable Date
12/30/2011
Reinvestment Amount
$9.94
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.123
Total Distribution Per Share
$0.123
Record Date
03/28/2011
Ex-Dividend Date
03/29/2011
Reinvestment Date
03/29/2011
Payable Date
03/31/2011
Reinvestment Amount
$10.82
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0131
Total Distribution Per Share
$0.0131
Record Date
12/28/2010
Ex-Dividend Date
12/29/2010
Reinvestment Date
12/29/2010
Payable Date
12/31/2010
Reinvestment Amount
$10.46
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.1391
Total Distribution Per Share
$0.1391
Record Date
03/26/2010
Ex-Dividend Date
03/29/2010
Reinvestment Date
03/29/2010
Payable Date
03/31/2010
Reinvestment Amount
$9.46
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0042
Total Distribution Per Share
$0.0042
Record Date
12/28/2009
Ex-Dividend Date
12/29/2009
Reinvestment Date
12/29/2009
Payable Date
12/31/2009
Reinvestment Amount
$9.18
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0957
Total Distribution Per Share
$0.0957
Record Date
—
Ex-Dividend Date
06/30/2009
Reinvestment Date
—
Payable Date
—
Reinvestment Amount
$7.50
Long-Term Capital Gains
$0.1448
Short-Term Capital Gains
—
Income
—
Total Distribution Per Share
$0.1448
Record Date
03/30/2009
Ex-Dividend Date
03/31/2009
Reinvestment Date
03/31/2009
Payable Date
04/02/2009
Reinvestment Amount
$6.49
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0026
Total Distribution Per Share
$0.0026
Record Date
12/26/2008
Ex-Dividend Date
12/29/2008
Reinvestment Date
12/29/2008
Payable Date
12/31/2008
Reinvestment Amount
$6.65
Long-Term Capital Gains
$0.0088
Short-Term Capital Gains
—
Income
$0.0808
Total Distribution Per Share
$0.0896
Record Date
—
Ex-Dividend Date
06/30/2008
Reinvestment Date
—
Payable Date
—
Reinvestment Amount
$10.06
Long-Term Capital Gains
$0.3612
Short-Term Capital Gains
—
Income
—
Total Distribution Per Share
$0.3612
Record Date
03/14/2008
Ex-Dividend Date
03/17/2008
Reinvestment Date
03/17/2008
Payable Date
03/19/2008
Reinvestment Amount
$9.99
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0031
Total Distribution Per Share
$0.0031
Record Date
12/27/2007
Ex-Dividend Date
12/28/2007
Reinvestment Date
12/28/2007
Payable Date
12/31/2007
Reinvestment Amount
$11.60
Long-Term Capital Gains
$0.0523
Short-Term Capital Gains
—
Income
$0.1585
Total Distribution Per Share
$0.2108
Record Date
06/19/2007
Ex-Dividend Date
06/19/2007
Reinvestment Date
—
Payable Date
06/19/2007
Reinvestment Amount
$11.69
Long-Term Capital Gains
$0.336
Short-Term Capital Gains
$0.001
Income
—
Total Distribution Per Share
$0.337
Record Date
03/14/2007
Ex-Dividend Date
03/15/2007
Reinvestment Date
03/15/2007
Payable Date
03/19/2007
Reinvestment Amount
$10.92
Long-Term Capital Gains
—
Short-Term Capital Gains
—
Income
$0.0029
Total Distribution Per Share
$0.0029
Record Date
12/27/2006
Ex-Dividend Date
12/28/2006
Reinvestment Date
12/28/2006
Payable Date
12/29/2006
Reinvestment Amount
$10.91
Long-Term Capital Gains
$0.0264
Short-Term Capital Gains
$0.0056
Income
$0.1338
Total Distribution Per Share
$0.1658
Tax Information
Tax Information
Federal ID Number 20-4554625
These amounts represent distributions paid by the fund, foreign taxes passed through (if any), and other distribution characteristics for the calendar year selected. These amounts are reported to shareholders on Form 1099-DIV.
Distributions per Share ($)
2025 Year
- 2025
- 2024
- 2023
- 2022
- 2021
- 2020
- 2019
- 2018
- 2017
- 2016
- 2015
- 2014
- 2013
| Record Date | Ordinary Dividends | Qualified Dividends | Capital Gain Distributions | Unrecaptured Section 1250 Gain | Non-Taxable Return Of Capital | Section 199a Dividends | Foreign Tax Paid | Exempt Interest Dividends | Interest on Tax Reclaim Refunds |
|---|---|---|---|---|---|---|---|---|---|
| Jun 13 | 0.0058 | 0.00291 | 0.6128 | — | — | — | — | — | — |
| Dec 29 | 0.369455 | 0.185355 | 0.1755 | — | — | — | 0.016355 | — | — |
| 0.375255 | 0.188265 | 0.7883 | — | — | — | 0.016355 | — | — |
Supplemental Tax Information
Foreign Source Income
28.17%
Foreign Source Qualified Dividends
20.08%
Direct U.S. Government Obligations
—
Specified Private Activity Bond Interest
—
Dividends Received Deduction
23.33%
Section 163(j)
—
Indiana Resident Taxable Income
—
Utah Resident Taxable Income
—
Pricing
Documents
Product Literature
PDF Format
Factsheet - Franklin LifeSmart 2045 Retirement Target Fund
Regulatory Documents
PDF Format
Semi-Annual Report - Franklin LifeSmart 2045 Retirement Target Fund - Class A
PDF Format
Annual Report - Franklin LifeSmart 2045 Retirement Target Fund - Class A
PDF Format
Prospectus - Franklin LifeSmart Retirement Target Funds
PDF Format
Summary Prospectus - Franklin LifeSmart (TM) 2045 Retirement Target Fund
PDF Format
Statement of Additional Information - Franklin LifeSmart Retirement Target Funds
Mailed hardcopies unavailable.
PDF Format
Fiscal Q1 Holdings - Franklin Fund Allocator Series
Mailed hardcopies unavailable.
PDF Format
Fiscal Q3 Holdings - Franklin Fund Allocator Series
Mailed hardcopies unavailable.
Risks
What Are the Risks?
All investments involve risks, including possible loss of principal. Principal invested is not guaranteed at any time, including at or after the fund’s retirement target date; nor is there any guarantee that the fund will provide sufficient income at or through the investor’s retirement. The investment risk of the retirement target fund changes over time as its asset allocation changes. Investments in underlying funds are subject to the same risks as, and indirectly bear the fees and expenses of, the underlying funds. Equity securities are subject to price fluctuation and possible loss of principal. Fixed income securities involve interest rate, credit, inflation and reinvestment risks, and possible loss of principal. As interest rates rise, the value of fixed income securities falls. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. These and other risks are discussed in the fund’s prospectus.