Franklin LifeSmart 2020 Retire Trgt R (FLRVX)
| Fund Assets | 25.77M |
| Expense Ratio | 0.95% |
| Min. Investment | $1,000 |
| Turnover | 38.80% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 2.83% |
| Dividend Growth | 73.14% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Jun 16, 2025 |
| Previous Close | 13.22 |
| YTD Return | 8.72% |
| 1-Year Return | 6.31% |
| 5-Year Return | 25.61% |
| 52-Week Low | 11.58 |
| 52-Week High | 13.23 |
| Beta (5Y) | n/a |
| Holdings | 21 |
| Inception Date | Jul 1, 2013 |
About FLRVX
Franklin LifeSmart 2020 Retirement Target Fund Class R is a target-date mutual fund designed to meet the evolving financial needs of investors approaching or in retirement around the year 2020. Its core objective is to deliver the highest long-term total return that is consistent with a shifting asset allocation strategy as the target date nears. The fund gradually transitions its portfolio to a more conservative mix—placing greater emphasis on fixed income and income-generating securities while reducing equity exposure—to help manage risk for retirees and near-retirees. It invests across a globally diversified selection of assets, including U.S. and international equities, government and corporate bonds, and other fixed income instruments, and is managed by Franklin Templeton Investments. Sector allocation is broad, covering technology, financials, healthcare, and industrials, while the fund's major holdings reflect a balance between core bond and equity positions. With quarterly income distribution and a focus on managing volatility, this fund serves as a foundational investment solution for individuals transitioning from asset accumulation to income generation in retirement.
Performance
FLRVX had a total return of 6.31% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.54%.
Top 10 Holdings
85.12% of assets| Name | Symbol | Weight |
|---|---|---|
| Franklin U.S Core Bond ETF | FLCB | 21.98% |
| Franklin U.S. Core Equity Advisor | FCEUX | 14.10% |
| Franklin U.S. Treasury Bond ETF | FLGV | 11.20% |
| Franklin Investment Grade Corporate ETF | FLCO | 10.71% |
| Franklin International Core Equity Adv | FCENX | 6.98% |
| Franklin Growth R6 | FIFRX | 5.42% |
| Franklin High Yield Corporate ETF | FLHY | 3.89% |
| BrandywineGLOBAL Global Opp Bond IS | GOBSX | 3.72% |
| Putnam Large Cap Value Fund | PEQSX | 3.72% |
| Franklin U.S. Large Cap Multifactor Index ETF | FLQL | 3.41% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 16, 2025 | $0.309 | Jun 16, 2025 |
| Dec 30, 2024 | $0.0633 | Dec 30, 2024 |
| Sep 30, 2024 | $0.0732 | Sep 30, 2024 |
| Jun 28, 2024 | $0.0724 | Jun 28, 2024 |
| Mar 28, 2024 | $0.1139 | Mar 28, 2024 |
| Dec 28, 2023 | $0.0097 | Dec 28, 2023 |