Franklin LifeSmart 2040 Retirement Target Fund Class R6 (FLREX)

Fund Assets	43.47M
Expense Ratio	0.40%
Min. Investment	$1,000,000
Turnover	n/a
Dividend (ttm)	0.82
Dividend Yield	5.31%
Dividend Growth	138.43%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 16, 2025

Previous Close	15.43
YTD Return	5.95%
1-Year Return	8.02%
5-Year Return	55.23%
52-Week Low	13.31
52-Week High	15.64
Beta (5Y)	n/a
Holdings	19
Inception Date	Jul 1, 2013

About FLREX

FLREX was founded on 2013-07-01. The Fund's investment strategy focuses on Growth & Income with 0.13% total expense ratio. The minimum amount to invest in Franklin Fund Allocator Series: Franklin LifeSmart 2040 Retirement Target Fund; Class R6 Shares is $1,000,000 on a standard taxable account. Franklin Fund Allocator Series: Franklin LifeSmart 2040 Retirement Target Fund; Class R6 Shares seeks highest level of long-term total return consistent with its asset allocation. FLREX employs an asset allocation strategy designed for investors who are expecting to retire and who are likely to stop making new investments in the Fund around the specific target year, as indicated in the Fund's name.

• Category: Target-Date 2040
• Stock Exchange: NASDAQ
• Ticker Symbol: FLREX
• Share Class: Class R6
• Index: MSCI AC World NR USD

Performance

FLREX had a total return of 8.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.29%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FLSHX	Advisor Class	0.45%
FLADX	Class A	0.70%
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%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 16, 2025	$0.4979	Jun 16, 2025
Dec 30, 2024	$0.2546	Dec 30, 2024
Sep 30, 2024	$0.0646	Sep 30, 2024
Jun 28, 2024	$0.0659	Jun 28, 2024
Jun 17, 2024	$0.0583	Jun 17, 2024
Mar 28, 2024	$0.0405	Mar 28, 2024