About FLRTX
Franklin LifeSmart 2030 Retirement Target Fund Class C is a target-date mutual fund designed to help investors prepare for retirement around the year 2030. Its primary function is to provide a professionally managed, diversified portfolio that automatically adjusts its asset mix over time. As the target retirement year approaches, the fund shifts from a higher allocation in equities toward a more conservative blend of fixed income and cash investments, reflecting the decreasing risk tolerance typically associated with individuals nearing retirement.
The fund invests across a wide spectrum of asset classes, including domestic and international stocks, bonds, and cash equivalents. Sector exposure is broad, with notable allocations to information technology, financials, health care, and industrials, giving investors access to key areas of economic growth. Its asset allocation is dynamically managed by Franklin Templeton’s investment team, utilizing a preset glide path that gradually becomes more conservative as 2030 approaches.
This fund plays a significant role for investors seeking a simplified, all-in-one retirement solution, as it offers both growth potential and built-in risk adjustment tailored to a projected retirement timeline.
Fund Family Franklin Templeton Investments
Category Target-Date 2030
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FLRTX
Share Class Class C
Index MSCI AC World NR USD
FLRTX had a total return of 13.44% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.78%.
