Franklin LifeSmart 2040 Ret TrgtAdv (FLSHX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

17.49

-0.03 (-0.17%)

At close: Sep 18, 2026

Fund Assets	72.56M
Expense Ratio	0.45%
Min. Investment	$1,000
Turnover	31.39%
Dividend (ttm)	0.38
Dividend Yield	2.15%
Dividend Growth	62.09%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 15, 2026

Previous Close	17.52
YTD Return	10.37%
1-Year Return	14.64%
5-Year Return	46.70%
52-Week Low	15.65
52-Week High	17.95
Beta (5Y)	0.80
Holdings	19
Inception Date	Jul 1, 2013

About FLSHX

Franklin LifeSmart 2040 Retirement Target Fund Advisor Class is a mutual fund designed to provide investors with a comprehensive long-term investment solution tailored for individuals planning to retire around the year 2040. Its key purpose is to maximize total return through a dynamic asset allocation strategy, combining capital appreciation and income generation. The fund gradually shifts its allocation away from growth-focused assets such as stocks toward more income-oriented investments like bonds as the target retirement date approaches, reflecting the typical lifecycle of a target date fund. The portfolio is diversified across equity funds—including U.S. and international core equity—alongside bond and index ETFs, ensuring broad exposure across sectors and regions. Franklin LifeSmart 2040 Retirement Target Fund Advisor Class is managed by Franklin Templeton, a globally recognized asset management firm, and serves as a turnkey retirement planning option for investors seeking a professionally managed, adaptive portfolio that aligns risk and growth potential with their evolving retirement timeframe.

Fund Family Franklin Templeton Investments

Category Target-Date 2040

Performance Rating Average

Risk Rating Below Average

Stock Exchange NASDAQ

Ticker Symbol FLSHX

Share Class Advisor Class

Index MSCI AC World NR USD

Performance

FLSHX had a total return of 14.64% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.53%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FLREX	Class R6	0.40%
FLADX	Class A	0.70%
FLSGX	Class R	0.95%
FLOLX	Class C	1.45%

Top 10 Holdings

81.34% of assets

Name	Symbol	Weight
Franklin U.S. Core Equity Advisor	FCEUX	18.03%
Franklin U.S. Equity Index ETF	USPX	10.92%
Franklin International Core Equity Adv	FCENX	10.91%
Franklin U.S Core Bond ETF	FLCB	9.38%
Franklin Emerging Market Core Equity Adv	FCEEX	6.52%
Putnam Large Cap Value R6	PEQSX	6.42%
Franklin U.S. Large Cap Multifactor Index ETF	FLQL	6.05%
Putnam Large Cap Growth R6	PGOEX	4.59%
Franklin Investment Grade Corporate ETF	FLCO	4.34%
Franklin Growth R6	FIFRX	4.19%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 15, 2026	$0.476	Jun 15, 2026
Dec 30, 2025	$0.5188	Dec 30, 2025
Jun 16, 2025	$0.4979	Jun 16, 2025
Dec 30, 2024	$0.2524	Dec 30, 2024
Sep 30, 2024	$0.0628	Sep 30, 2024
Jun 28, 2024	$0.0641	Jun 28, 2024

Full Dividend History