Franklin LifeSmart 2040 Ret Trgt R6 (FLREX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

17.71

-0.01 (-0.06%)

At close: Aug 26, 2026

11.74% (1Y)

Fund Assets	72.56M
Expense Ratio	0.40%
Min. Investment	$1,000,000
Turnover	31.39%
Dividend (ttm)	0.38
Dividend Yield	2.16%
Dividend Growth	61.84%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 15, 2026

Previous Close	17.72
YTD Return	11.41%
1-Year Return	18.45%
5-Year Return	46.85%
52-Week Low	15.70
52-Week High	18.00
Beta (5Y)	0.81
Holdings	19
Inception Date	Jul 1, 2013

About FLREX

Franklin LifeSmart 2040 Retirement Target Fund Class R6 is a target-date mutual fund designed primarily for investors planning to retire around the year 2040. Its main purpose is to provide a balanced mix of growth and income, gradually shifting from a more aggressive, equity-focused allocation to a conservative blend as the target retirement date approaches. This asset allocation is designed to maximize total return through capital appreciation and income during the accumulation phase, while progressively reducing risk over time. Notable features include diversified exposure across domestic and international equities, fixed income instruments, and cash equivalents. The fund’s top holdings are concentrated within core equity and bond strategies managed by Franklin Templeton, offering significant coverage of U.S. large cap, international, and emerging market equities as well as U.S. Treasury and investment-grade corporate bonds. Franklin LifeSmart 2040 Retirement Target Fund Class R6 serves as a core solution within retirement portfolios, helping investors manage longevity risk and sequence-of-return risk through dynamic asset rebalancing. Its role in the financial market is aligned with providing professionally managed, glide-path-driven retirement planning for institutional and high-net-worth clients.

Fund Family Franklin Templeton Investments

Category Target-Date 2040

Performance Rating Average

Risk Rating Below Average

Stock Exchange NASDAQ

Ticker Symbol FLREX

Share Class Class R6

Index MSCI AC World NR USD

Performance

FLREX had a total return of 18.45% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.56%.

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

81.84% of assets

Name	Symbol	Weight
Franklin U.S. Core Equity Advisor	FCEUX	17.95%
Franklin International Core Equity Adv	FCENX	11.17%
Franklin U.S. Equity Index ETF	USPX	11.01%
Franklin U.S Core Bond ETF	FLCB	9.29%
Putnam Large Cap Value R6	PEQSX	6.68%
Franklin Emerging Market Core Equity Adv	FCEEX	6.46%
Franklin U.S. Large Cap Multifactor Index ETF	FLQL	6.04%
Franklin Growth R6	FIFRX	4.56%
Putnam Large Cap Growth R6	PGOEX	4.36%
Franklin Investment Grade Corporate ETF	FLCO	4.32%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 15, 2026	$0.476	Jun 15, 2026
Dec 30, 2025	$0.5247	Dec 30, 2025
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

Full Dividend History