WLMTEX

About WLMTEX

Wilmington Trust Collective Investment Trust – R6 – Legg Mason Total Advantage 2045 Fund is a target-date collective investment trust designed for investors planning to retire around the year 2045. The fund’s primary purpose is to offer a diversified, professionally managed portfolio that systematically shifts its asset allocation over time—from growth-oriented investments in equities toward more conservative assets such as bonds as the 2045 retirement date approaches. It is managed by a team from Wilmington Trust, N.A., and launched in 2019. The fund primarily serves participants in workplace retirement plans who seek a one-stop solution tailored to their anticipated retirement horizon. As of July 2025, it manages approximately $28 million in net assets, with about 73.9% of holdings concentrated in its top ten positions. It features a competitive expense ratio of 0.48% and does not distribute dividends. This fund is part of a broader trend of target-date strategies, providing investors with the convenience of automatic rebalancing and long-term portfolio management aligned with a specific retirement timeframe.