Franklin LifeSmart 2055 Ret Trgt R6 (FLSZX)
| Fund Assets | 52.08M |
| Expense Ratio | 0.40% |
| Min. Investment | $1,000,000 |
| Turnover | 27.08% |
| Dividend (ttm) | 0.92 |
| Dividend Yield | 5.25% |
| Dividend Growth | 13.78% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 15, 2026 |
| Previous Close | 17.43 |
| YTD Return | 10.60% |
| 1-Year Return | 22.58% |
| 5-Year Return | 61.42% |
| 52-Week Low | 14.91 |
| 52-Week High | 18.19 |
| Beta (5Y) | 0.85 |
| Holdings | 17 |
| Inception Date | May 1, 2015 |
About FLSZX
Franklin LifeSmart 2055 Retirement Target Fund Class R6 is a target-date mutual fund designed for investors planning to retire around 2055. Its primary function is to deliver long-term total return through a diversified asset allocation strategy that gradually becomes more conservative as the retirement target date approaches. The fund invests in a mix of Franklin Templeton and third-party mutual funds and exchange-traded funds, with a significant emphasis on domestic and international equities in its earlier years and an increasing allocation to fixed income and cash as the target date nears. Core holdings include U.S. and international equity funds such as Franklin U.S. Core Equity and Franklin International Core Equity, complemented by large-cap, emerging market, and value strategies. As of mid-2025, the portfolio is allocated predominantly to domestic and foreign equity, with smaller positions in fixed income, alternatives, and cash equivalents. This structure is intended to balance growth potential in the early years with risk mitigation and income stability as investors approach retirement, making it a central component of lifecycle retirement planning in the mixed-asset target-date fund category.
Performance
FLSZX had a total return of 22.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.07%.
Top 10 Holdings
92.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Franklin U.S. Core Equity Advisor | FCEUX | 22.68% |
| Franklin U.S. Equity Index ETF | USPX | 13.14% |
| Franklin International Core Equity Adv | FCENX | 11.96% |
| Putnam Large Cap Value Fund | PEQSX | 7.94% |
| Franklin Emerging Market Core Equity Adv | FCEEX | 7.52% |
| Franklin U.S. Large Cap Multifactor Index ETF | FLQL | 7.45% |
| Franklin Growth R6 | FIFRX | 6.68% |
| Putnam Large Cap Growth Fund | PGOEX | 5.67% |
| Templeton Emerging Markets Equity R6 | FDEVX | 5.16% |
| Franklin FTSE Japan ETF | FLJP | 3.80% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 15, 2026 | $0.5328 | Jun 15, 2026 |
| Dec 30, 2025 | $0.3827 | Dec 30, 2025 |
| Jun 16, 2025 | $0.5526 | Jun 16, 2025 |
| Dec 30, 2024 | $0.2046 | Dec 30, 2024 |
| Sep 30, 2024 | $0.0474 | Sep 30, 2024 |
| Jun 28, 2024 | $0.0447 | Jun 28, 2024 |