Franklin Retirement Advantage Plus 2045 Fund A (PRVLX)
25.77
+0.10
(+0.39%)
USD |
Oct 06 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.93% | 378.37M | -- | 19.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 14.11M | 9.06% |
Basic Info
| Investment Strategy | |
| The Fund seeks capital appreciation and current income consistent with a decreasing emphasis on capital appreciation and an increasing emphasis on current income as it approaches its target date. The fund asset allocation may be attractive to investors who plan to retire or making periodic withdrawals in or about 2045. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| Global Peer Group | Target Maturity MA USD 2045 |
| Peer Group | Mixed-Asset Target 2045 Funds |
| Global Macro | Target Maturity |
| US Macro | Mixed-Assets Target Date Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Growth Funds |
| Fund Owner Firm Name | Franklin Templeton |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
42
-313.25M
Peer Group Low
99.82M
Peer Group High
1 Year
% Rank:
29
14.11M
-2.303B
Peer Group Low
3.440B
Peer Group High
3 Months
% Rank:
45
-1.190B
Peer Group Low
686.09M
Peer Group High
3 Years
% Rank:
36
-3.387B
Peer Group Low
6.869B
Peer Group High
6 Months
% Rank:
50
-1.475B
Peer Group Low
1.729B
Peer Group High
5 Years
% Rank:
37
-4.867B
Peer Group Low
11.82B
Peer Group High
YTD
% Rank:
43
-1.875B
Peer Group Low
2.957B
Peer Group High
10 Years
% Rank:
43
-10.60B
Peer Group Low
18.51B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of October 07, 2026.
Asset Allocation
As of August 31, 2026.
| Type | % Net |
|---|---|
| Cash | -0.85% |
| Stock | 77.09% |
| Bond | 13.96% |
| Convertible | 0.00% |
| Preferred | 0.20% |
| Other | 9.61% |
Top 8 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| Franklin Dynamic Asset Allocation Growth Fund P | 84.87% | 24.58 | 0.41% |
| Putnam Dynamic Asset Allocation Equity P | 5.96% | 19.21 | 0.37% |
|
Putnam Short Term Investment Fund
|
3.19% | -- | -- |
| Franklin BSP Lending Fund R6 | 2.04% | 10.10 | 0.10% |
| Clarion Partners Real Estate Income Fund Inc I | 2.04% | 11.31 | 0.00% |
| Franklin Dynamic Asset Allocation Balanced Fund P | 1.74% | 18.23 | 0.39% |
|
USD Cash
|
0.17% | -- | -- |
|
Other Assets less Liabilities
|
0.00% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | 0.25% |
| Actual Management Fee | -- |
| Administration Fee | -- |
| Maximum Front Load | 5.75% |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 0.00% |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 500.00 None |
| Minimum Subsequent Investment | 0.00 None |
TTM Distributions
| Type | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of September 30, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks capital appreciation and current income consistent with a decreasing emphasis on capital appreciation and an increasing emphasis on current income as it approaches its target date. The fund asset allocation may be attractive to investors who plan to retire or making periodic withdrawals in or about 2045. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Allocation |
| Broad Category | Allocation |
| Global Peer Group | Target Maturity MA USD 2045 |
| Peer Group | Mixed-Asset Target 2045 Funds |
| Global Macro | Target Maturity |
| US Macro | Mixed-Assets Target Date Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Growth Funds |
| Fund Owner Firm Name | Franklin Templeton |
| Broad Asset Class Benchmark Index | |
| ^SPXTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (10-6-26) | 1.86% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 8 |
| Stock | |
| Weighted Average PE Ratio | 28.01 |
| Weighted Average Price to Sales Ratio | 7.419 |
| Weighted Average Price to Book Ratio | 9.835 |
| Weighted Median ROE | 74.68% |
| Weighted Median ROA | 16.70% |
| Return on Investment (TTM) | 33.31% |
| Earning Yield | 0.0496 |
| LT Debt / Shareholders Equity | 0.8722 |
| Number of Equity Holdings | 0 |
| Bond | |
| Yield to Maturity (8-31-26) | 5.62% |
| Effective Duration | 1.07 |
| Average Coupon | 5.11% |
| Calculated Average Quality | 3.415 |
| Effective Maturity | 11.86 |
| Nominal Maturity | 11.94 |
| Number of Bond Holdings | 0 |
As of August 31, 2026
Growth Metrics
| EPS Growth (1Y) | 28.00% |
| EPS Growth (3Y) | 20.03% |
| EPS Growth (5Y) | 23.83% |
| Sales Growth (1Y) | 14.56% |
| Sales Growth (3Y) | 13.58% |
| Sales Growth (5Y) | 14.78% |
| Sales per Share Growth (1Y) | 19.61% |
| Sales per Share Growth (3Y) | 14.79% |
| Operating Cash Flow - Growth Rate (3Y) | 25.42% |
As of August 31, 2026
Fund Details
| Key Dates | |
| Inception Date | 11/1/2004 |
| Last Annual Report Date | 7/31/2025 |
| Last Prospectus Date | 4/17/2026 |
| Share Classes | |
| LP40099753 | C |
| LP40099755 | Retirement |
| PACFX | Retirement |
| PACGX | Retirement |
| PACHX | Retirement |
| PREKX | Retirement |
| PRVYX | Inst |
| Attributes | |
| Index Fund | -- |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Fund of Funds |
|
| Currency Hedged Fund | -- |
| Socially Responsible Fund |
|
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:PRVLX", "name") |
| Broad Asset Class: =YCI("M:PRVLX", "broad_asset_class") |
| Broad Category: =YCI("M:PRVLX", "broad_category_group") |
| Prospectus Objective: =YCI("M:PRVLX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |