Franklin LifeSmart 2030 Retirement Target Fund Class R6 (FLERX)
| Fund Assets | 82.65M |
| Expense Ratio | 0.40% |
| Min. Investment | $1,000,000 |
| Turnover | 37.55% |
| Dividend (ttm) | 0.89 |
| Dividend Yield | 5.57% |
| Dividend Growth | 130.63% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | n/a |
| YTD Return | 2.52% |
| 1-Year Return | 16.18% |
| 5-Year Return | 41.04% |
| 52-Week Low | 12.40 |
| 52-Week High | 15.99 |
| Beta (5Y) | 0.68 |
| Holdings | 21 |
| Inception Date | Jul 1, 2013 |
About FLERX
Franklin LifeSmart 2030 Retirement Target Fund Class R6 is a target-date mutual fund designed to help investors prepare for retirement, with the goal of gradually transitioning its asset allocation as the target year (2030) approaches. The fund primarily invests in a diversified mix of other Franklin Templeton mutual funds and select third-party exchange traded funds (ETFs), providing broad exposure across equities and fixed income. Its allocation shifts over time from higher-growth assets such as domestic and international equities to more conservative holdings like core bonds and cash, aiming for an optimal balance between growth and capital preservation as retirement draws near. Key features include moderate turnover, a competitively low expense ratio, and sector diversification with significant weights in information technology, financials, and healthcare. The fund serves individuals looking for a professionally managed, all-in-one retirement solution, and is marked by an asset allocation framework that reflects changing risk tolerance as retirement nears. Its multi-manager approach and reliance on top holdings from Franklin Templeton’s stable make it a significant participant in the target-date fund market, supporting investors’ long-term retirement planning efforts.
Performance
FLERX had a total return of 16.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.98%.
Top 10 Holdings
82.37% of assets| Name | Symbol | Weight |
|---|---|---|
| Franklin U.S. Core Equity (IU) Fund Advisor | FCEUX | 20.34% |
| Franklin U.S Core Bond ETF | FLCB | 14.67% |
| Franklin International Core Equity (IU) Fund Advisor | FCENX | 8.83% |
| Franklin U.S. Treasury Bond ETF | FLGV | 7.43% |
| Franklin Investment Grade Corporate ETF | FLCO | 7.15% |
| Franklin Growth Series Class R6 | FIFRX | 6.50% |
| Putnam Large Cap Value Fund Class R6 | PEQSX | 5.40% |
| Franklin U.S. Large Cap Multifactor Index ETF | FLQL | 4.79% |
| Franklin Emerging Market Core Equity (IU) Fund Advisor | FCEEX | 4.39% |
| Templeton Developing Markets Trust Class R6 | FDEVX | 2.88% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.6175 | Dec 30, 2025 |
| Jun 16, 2025 | $0.2681 | Jun 16, 2025 |
| Dec 30, 2024 | $0.1085 | Dec 30, 2024 |
| Sep 30, 2024 | $0.0768 | Sep 30, 2024 |
| Jun 28, 2024 | $0.081 | Jun 28, 2024 |
| Mar 28, 2024 | $0.1177 | Mar 28, 2024 |