Franklin LifeSmart 2025 Retirement Target Fund Class R (FRELX)
| Fund Assets | 108.07M |
| Expense Ratio | 0.95% |
| Min. Investment | $1,000 |
| Turnover | 37.51% |
| Dividend (ttm) | 0.67 |
| Dividend Yield | 5.01% |
| Dividend Growth | 154.34% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 16, 2025 |
| Previous Close | 13.34 |
| YTD Return | 3.26% |
| 1-Year Return | 3.61% |
| 5-Year Return | 30.27% |
| 52-Week Low | 12.11 |
| 52-Week High | 13.58 |
| Beta (5Y) | n/a |
| Holdings | 21 |
| Inception Date | Aug 1, 2006 |
About FRELX
Franklin LifeSmart 2025 Retirement Target Fund Class R is a target-date mutual fund crafted to support individuals anticipating retirement around the year 2025. Its primary objective is to offer a dynamically shifting asset allocation that becomes increasingly conservative as the target retirement date approaches, aiming to balance long-term growth with the need for capital preservation nearing and through retirement. The fund invests primarily in a diversified portfolio of underlying equity and fixed-income funds, with equity allocation gradually trimmed over time and fixed-income exposure increased. As of the latest strategy, at the 2025 target date, the allocation is roughly 58.5% equity funds and 41.5% fixed-income funds, transitioning further to a more conservative mix—such as 40% equity and 60% fixed income—by the required minimum distribution age, typically about eight years after the retirement date. The fund’s blend of domestic and international equities, U.S. Treasuries, corporate bonds, and other fixed-income vehicles aims to provide broad market exposure and risk management. Designed for investors planning to retire and begin gradual withdrawals around 2025, this fund plays a significant role in helping individuals manage retirement planning with automatic portfolio adjustments as they age.
Performance
FRELX had a total return of 3.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.79%.
Top 10 Holdings
83.90% of assets| Name | Symbol | Weight |
|---|---|---|
| Franklin U.S Core Bond ETF | FLCB | 18.47% |
| Franklin U.S. Core Equity (IU) Fund Advisor | FCEUX | 16.42% |
| Franklin U.S. Treasury Bond ETF | FLGV | 9.40% |
| Franklin Investment Grade Corporate ETF | FLCO | 9.06% |
| Franklin International Core Equity (IU) Fund Advisor | FCENX | 8.64% |
| Franklin Growth Series Class R6 | FIFRX | 7.26% |
| Putnam Large Cap Value Fund Class R6 | PEQSX | 4.30% |
| Franklin U.S. Large Cap Multifactor Index ETF | FLQL | 3.96% |
| Franklin High Yield Corporate ETF | FLHY | 3.27% |
| BrandywineGLOBAL - Global Opportunities Bond Fund Class IS | GOBSX | 3.12% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 16, 2025 | $0.4033 | Jun 16, 2025 |
| Dec 30, 2024 | $0.2051 | Dec 30, 2024 |
| Sep 30, 2024 | $0.060 | Sep 30, 2024 |
| Jun 28, 2024 | $0.0682 | Jun 28, 2024 |
| Mar 28, 2024 | $0.0707 | Mar 28, 2024 |
| Dec 28, 2023 | $0.0646 | Dec 28, 2023 |