Franklin LifeSmart™ 2020 Retirement Target Fund Advisor Class (FLROX)
| Fund Assets | 24.63M |
| Expense Ratio | 0.45% |
| Min. Investment | $1,000 |
| Turnover | 38.80% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 3.78% |
| Dividend Growth | 44.85% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | n/a |
| Previous Close | 12.64 |
| YTD Return | 3.77% |
| 1-Year Return | 6.40% |
| 5-Year Return | 31.26% |
| 52-Week Low | 11.63 |
| 52-Week High | 12.85 |
| Beta (5Y) | n/a |
| Holdings | 20 |
| Inception Date | Jul 1, 2013 |
About FLROX
Franklin LifeSmart 2020 Retirement Target Fund Advisor Class is a target-date mutual fund designed to serve investors planning to retire around the year 2020. The fund's primary function is to pursue long-term total return by offering both capital appreciation and income, adjusting its portfolio allocation over time to reflect a more conservative investment strategy as the target retirement date approaches. Notably, after reaching the 2020 target year, the fund continues to gradually shift to its most conservative asset allocation, typically finalizing this transition about eight years later. It invests across a diversified mix of asset classes, emphasizing increased exposure to fixed income securities as participants near or enter retirement, while reducing the proportion of equities. Franklin LifeSmart 2020 Retirement Target Fund Advisor Class plays a significant role for investors seeking a professionally managed solution tailored to changing risk profiles over the retirement lifecycle, supporting a smoother transition from growth to income-focused investing.
Performance
FLROX had a total return of 6.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.56%.
Top 10 Holdings
85.63% of assets| Name | Symbol | Weight |
|---|---|---|
| Franklin U.S Core Bond ETF | FLCB | 22.15% |
| Franklin U.S. Core Equity (IU) Fund Advisor | FCEUX | 13.63% |
| Franklin U.S. Treasury Bond ETF | FLGV | 11.27% |
| Franklin Investment Grade Corporate ETF | FLCO | 10.86% |
| Franklin International Core Equity (IU) Fund Advisor | FCENX | 7.17% |
| Franklin Growth Series Class R6 | FIFRX | 6.03% |
| Franklin High Yield Corporate ETF | FLHY | 3.92% |
| BrandywineGLOBAL - Global Opportunities Bond Fund Class IS | GOBSX | 3.74% |
| Putnam Large Cap Value Fund Class R6 | PEQSX | 3.57% |
| Franklin U.S. Large Cap Multifactor Index ETF | FLQL | 3.28% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 16, 2025 | $0.309 | Jun 16, 2025 |
| Dec 30, 2024 | $0.0802 | Dec 30, 2024 |
| Sep 30, 2024 | $0.0885 | Sep 30, 2024 |
| Jun 28, 2024 | $0.0887 | Jun 28, 2024 |
| Mar 28, 2024 | $0.1267 | Mar 28, 2024 |
| Dec 28, 2023 | $0.0396 | Dec 28, 2023 |