Franklin LifeSmart 2040 Ret Trgt A (FLADX)
| Fund Assets | 69.84M |
| Expense Ratio | 0.70% |
| Min. Investment | $1,000 |
| Turnover | 31.39% |
| Dividend (ttm) | 0.79 |
| Dividend Yield | 4.69% |
| Dividend Growth | 160.64% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 16, 2025 |
| Previous Close | 16.00 |
| YTD Return | 10.28% |
| 1-Year Return | 10.77% |
| 5-Year Return | 51.57% |
| 52-Week Low | 13.17 |
| 52-Week High | 16.05 |
| 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.
Performance
FLADX had a total return of 10.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.34%.
Top 10 Holdings
84.75% of assets| Name | Symbol | Weight |
|---|---|---|
| Franklin U.S. Core Equity Advisor | FCEUX | 19.43% |
| Franklin International Core Equity Adv | FCENX | 12.34% |
| Franklin Growth R6 | FIFRX | 10.27% |
| Franklin U.S. Equity Index ETF | USPX | 8.58% |
| Franklin U.S Core Bond ETF | FLCB | 8.54% |
| Putnam Large Cap Value Fund | PEQSX | 6.60% |
| Franklin U.S. Large Cap Multifactor Index ETF | FLQL | 6.11% |
| Franklin Emerging Market Core Equity Adv | FCEEX | 4.36% |
| Franklin U.S. Treasury Bond ETF | FLGV | 4.35% |
| Franklin Investment Grade Corporate ETF | FLCO | 4.17% |
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 |