Franklin LifeSmart 2050 Retirement Target Fund Class R6 (FRLEX)
| Fund Assets | 37.39M |
| Expense Ratio | 0.40% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 2.17% |
| Dividend Growth | 47.93% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 14.50 |
| YTD Return | -5.91% |
| 1-Year Return | 5.54% |
| 5-Year Return | 68.02% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 15 |
| Inception Date | Jul 1, 2013 |
About FRLEX
FRLEX was founded on 2013-07-01. The Fund's investment strategy focuses on Growth & Income with 0.12% total expense ratio. The minimum amount to invest in Franklin Fund Allocator Series: Franklin LifeSmart 2050 Retirement Target Fund; Class R6 Shares is $1,000,000 on a standard taxable account. Franklin Fund Allocator Series: Franklin LifeSmart 2050 Retirement Target Fund; Class R6 Shares seeks the highest level of long-term total return in its asset allocation. FRLEX employs an asset allocation strategy designed for investors who are expecting to retire around the year 2050. At around the target date, the Fund's final asset allocation will be 32% equity funds and 68% fixed income funds.
Performance
FRLEX had a total return of 5.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.85%.
Top 10 Holdings
93.53% of assets| Name | Symbol | Weight |
|---|---|---|
| Ffas-Franklin U.S. Core Equity (Iu) Fund Oemf Usd 1 Cl A Income | n/a | 23.40% |
| Ffas-Franklin International Core Equity (Iu) Fund Oemf Usd 1 Cl Usd Inc Inc | n/a | 15.10% |
| Franklin Growth Series Class R6 | FIFRX | 13.58% |
| Franklin U.S. Equity Index ETF | USPX | 10.82% |
| Putnam Large Cap Value Fund Class R6 | PEQSX | 8.11% |
| Franklin U.S. Large Cap Multifactor Index ETF | FLQL | 7.45% |
| Franklin Emerging Market Core Equity (IU) Fund Advisor | FCEEX | 5.04% |
| Templeton Developing Markets Trust Class R6 | FDEVX | 3.46% |
| Templeton Foreign Fund Class R6 | FTFGX | 3.45% |
| Franklin U.S Core Bond ETF | FLCB | 3.12% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Dec 28, 2023 | $0.0443 | Dec 28, 2023 |
| Sep 29, 2023 | $0.0612 | Sep 29, 2023 |