Franklin LifeSmart 2050 Ret Trgt R6 (FRLEX)
| Fund Assets | 64.15M |
| Expense Ratio | 0.40% |
| Min. Investment | $1,000,000 |
| Turnover | 25.21% |
| Dividend (ttm) | 0.84 |
| Dividend Yield | 4.61% |
| Dividend Growth | 174.21% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 18.18 |
| YTD Return | 25.71% |
| 1-Year Return | 25.30% |
| 5-Year Return | 70.75% |
| 52-Week Low | 12.87 |
| 52-Week High | 18.13 |
| Beta (5Y) | n/a |
| Holdings | 16 |
| Inception Date | Jul 1, 2013 |
About FRLEX
Franklin LifeSmart 2050 Retirement Target Fund Class R6 is a target-date mutual fund designed to help investors plan for retirement around the year 2050. The fund’s primary objective is to achieve the highest level of long-term total return while adhering to an asset allocation tailored to its target retirement date. Its portfolio offers a diversified mix of asset classes, typically blending U.S. and international equities, fixed income securities, and other investments. As the target date approaches, the fund gradually reduces its allocation to equities in favor of more conservative investments like bonds and cash equivalents—a strategy known as a glide path—to help manage risk as investors near retirement. This fund serves individuals or plan sponsors seeking a professionally managed, all-in-one solution that automatically adjusts risk exposure over time. It plays a significant role within retirement-focused investment portfolios, aiming to balance growth potential in the early years with capital preservation as retirement draws near.
Performance
FRLEX had a total return of 25.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.54%.
Top 10 Holdings
91.12% of assets| Name | Symbol | Weight |
|---|---|---|
| Franklin U.S. Core Equity Advisor | FCEUX | 23.38% |
| Franklin International Core Equity Adv | FCENX | 12.96% |
| Franklin Growth R6 | FIFRX | 10.60% |
| Franklin U.S. Equity Index ETF | USPX | 10.56% |
| Putnam Large Cap Value Fund | PEQSX | 8.01% |
| Franklin U.S. Large Cap Multifactor Index ETF | FLQL | 7.37% |
| Franklin Emerging Market Core Equity Adv | FCEEX | 6.68% |
| Franklin U.S Core Bond ETF | FLCB | 4.35% |
| Templeton Developing Markets R6 | FDEVX | 4.21% |
| Templeton Foreign R6 | FTFGX | 2.99% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2025 | $0.4915 | Dec 30, 2025 |
| Jun 16, 2025 | $0.624 | Jun 16, 2025 |
| Dec 30, 2024 | $0.2125 | Dec 30, 2024 |
| Sep 30, 2024 | $0.0531 | Sep 30, 2024 |
| Jun 28, 2024 | $0.0493 | Jun 28, 2024 |
| Mar 28, 2024 | $0.0919 | Mar 28, 2024 |