About FLRZX
Franklin LifeSmart 2030 Retirement Target Fund Advisor Class is a target-date mutual fund designed to provide diversified exposure to equities and fixed income assets, tailored for investors planning to retire around the year 2030. Its primary function is to pursue the highest level of long-term total return consistent with a dynamic asset allocation strategy that shifts progressively toward fixed income as the target retirement date approaches, eventually adopting its most conservative mix approximately eight years after 2030. The fund primarily invests through a distinctly-weighted blend of underlying funds—mostly Franklin Templeton’s mutual funds and exchange-traded funds as well as select third-party ETFs—enabling a broad diversification across global equity and fixed income markets. Significant portfolio exposures include information technology, financials, industrials, consumer discretionary, and health care sectors, reflecting a balanced growth orientation early in its life cycle. As of the latest data, the fund manages over $80 million in assets, incorporates 21 holdings, and offers a competitive net expense ratio of 0.45%. Franklin LifeSmart 2030 Retirement Target Fund Advisor Class serves as a professionally managed retirement solution within the target-date fund category, playing an integral role for investors seeking automated portfolio rebalancing and risk reduction as they approach retirement.
Fund Family Franklin Templeton Investments
Category Target-Date 2030
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol FLRZX
Share Class Advisor Class
Index MSCI AC World NR USD
FLRZX had a total return of 16.14% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.91%.
