Franklin LifeSmart 2040 Ret Trgt C (FLOLX)
| Fund Assets | 72.56M |
| Expense Ratio | 1.45% |
| Min. Investment | $1,000 |
| Turnover | 31.39% |
| Dividend (ttm) | 0.71 |
| Dividend Yield | 4.37% |
| Dividend Growth | 251.24% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Jun 16, 2025 |
| Previous Close | 16.15 |
| YTD Return | 18.63% |
| 1-Year Return | 17.55% |
| 5-Year Return | 49.52% |
| 52-Week Low | 12.38 |
| 52-Week High | 16.19 |
| Beta (5Y) | n/a |
| Holdings | 19 |
| Inception Date | Jul 1, 2013 |
About FLOLX
Franklin LifeSmart 2040 Retirement Target Fund Class C is a target-date mutual fund designed primarily for investors planning to retire around the year 2040. The fund follows a diversified allocation strategy that evolves over time, shifting its emphasis from higher-growth assets like equities in early years toward a greater allocation to fixed income as the specified target date approaches. This asset allocation aims to balance risk and return in alignment with an investor’s changing needs as retirement nears. The fund invests predominantly in other Franklin Templeton mutual funds and ETFs, giving exposure to U.S. and international equities as well as domestic and foreign bonds. As of mid-2025, its portfolio includes a broad mix across sectors such as information technology, financials, industrials, and health care, with regional diversification spanning North America, Europe, and Asia. The largest proportion of assets is allocated to large-cap and giant-cap companies, providing substantial market capitalization coverage. Franklin LifeSmart 2040 Retirement Target Fund Class C plays a significant role in retirement planning by offering a single-fund solution that systematically manages risk and return to help investors prepare for future income needs.
Performance
FLOLX had a total return of 17.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.19%.
Top 10 Holdings
84.61% of assets| Name | Symbol | Weight |
|---|---|---|
| Franklin U.S. Core Equity Advisor | FCEUX | 19.59% |
| Franklin International Core Equity Adv | FCENX | 10.86% |
| Franklin U.S Core Bond ETF | FLCB | 8.99% |
| Franklin Growth R6 | FIFRX | 8.88% |
| Franklin U.S. Equity Index ETF | USPX | 8.85% |
| Putnam Large Cap Value Fund | PEQSX | 6.71% |
| Franklin U.S. Large Cap Multifactor Index ETF | FLQL | 6.18% |
| Franklin Emerging Market Core Equity Adv | FCEEX | 5.60% |
| Franklin U.S. Treasury Bond ETF | FLGV | 4.57% |
| Franklin Investment Grade Corporate ETF | FLCO | 4.37% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 16, 2025 | $0.4979 | Jun 16, 2025 |
| Dec 30, 2024 | $0.2098 | Dec 30, 2024 |
| Sep 30, 2024 | $0.0271 | Sep 30, 2024 |
| Jun 28, 2024 | $0.0304 | Jun 28, 2024 |
| Jun 17, 2024 | $0.0583 | Jun 17, 2024 |
| Mar 28, 2024 | $0.0101 | Mar 28, 2024 |