Franklin LifeSmart 2040 Retirement Target Fund Class A (FLADX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
15.31
+0.01 (0.07%)
Jul 10, 2025, 4:00 PM EDT
5.51%
Fund Assets 65.54M
Expense Ratio 0.70%
Min. Investment $1,000
Turnover 31.39%
Dividend (ttm) 0.79
Dividend Yield 4.92%
Dividend Growth 160.64%
Payout Frequency Quarterly
Ex-Dividend Date Jun 16, 2025
Previous Close 15.30
YTD Return 5.66%
1-Year Return 7.65%
5-Year Return 53.19%
52-Week Low 13.17
52-Week High 15.47
Beta (5Y) 0.77
Holdings 19
Inception Date Jul 1, 2013

About FLADX

Franklin LifeSmart 2040 Retirement Target Fund Class A is a target-date mutual fund designed to support individuals preparing for retirement around the year 2040. Its primary objective is to achieve the highest level of long-term total return that aligns with its evolving asset allocation strategy. The fund employs a diversified mix of equities, bonds, and cash equivalents, automatically adjusting its allocation—known as a glide path—as the target retirement year approaches. Notably, the fund maintains a higher equity allocation than many of its peers, with approximately 70% in equities a decade before retirement, gradually reducing to 52% at the target date to balance growth and risk management. Franklin LifeSmart 2040 Retirement Target Fund Class A invests across domestic and international markets, including core equity, bond, and index funds, to provide broad exposure and diversification. Its structure is geared toward investors seeking a hands-off solution that adapts to changing risk tolerance as retirement nears, reflecting its role as a foundational component in retirement planning strategies.

Fund Family Franklin Templeton Investments
Category Target-Date 2040
Stock Exchange NASDAQ
Ticker Symbol FLADX
Share Class Class A
Index MSCI AC World NR USD

Performance

FLADX had a total return of 7.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.03%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
FLREX Class R6 0.40%
FLSHX Advisor Class 0.45%
FLSGX Class R 0.95%
FLOLX Class C 1.45%

Top 10 Holdings

85.30% of assets
Name Symbol Weight
Franklin U.S. Core Equity (IU) Fund Advisor FCEUX 18.92%
Franklin International Core Equity (IU) Fund Advisor FCENX 12.88%
Franklin Growth Series Class R6 FIFRX 10.82%
Franklin U.S Core Bond ETF FLCB 8.75%
Franklin U.S. Equity Index ETF USPX 8.25%
Putnam Large Cap Value Fund Class R6 PEQSX 6.41%
Franklin U.S. Large Cap Multifactor Index ETF FLQL 5.90%
Franklin Emerging Market Core Equity (IU) Fund Advisor FCEEX 4.64%
Franklin U.S. Treasury Bond ETF FLGV 4.45%
Franklin Investment Grade Corporate ETF FLCO 4.29%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jun 16, 2025 $0.4979 Jun 16, 2025
Dec 30, 2024 $0.2419 Dec 30, 2024
Sep 30, 2024 $0.0536 Sep 30, 2024
Jun 28, 2024 $0.0555 Jun 28, 2024
Jun 17, 2024 $0.0583 Jun 17, 2024
Mar 28, 2024 $0.0319 Mar 28, 2024
Full Dividend History