Franklin LifeSmart 2050 Ret Trgt R6 (FRLEX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD

19.16

+0.05 (0.26%)

At close: Oct 15, 2026

Fund Assets	64.15M
Expense Ratio	0.40%
Min. Investment	$1,000,000
Turnover	25.21%
Dividend (ttm)	0.35
Dividend Yield	1.85%
Dividend Growth	55.56%
Payout Frequency	n/a
Ex-Dividend Date	Jun 15, 2026

Previous Close	19.11
YTD Return	12.62%
1-Year Return	17.03%
5-Year Return	57.20%
52-Week Low	16.71
52-Week High	19.64
Beta (5Y)	0.86
Holdings	17
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.

Fund Family Franklin Templeton Investments

Category Target-Date 2050

Performance Rating Above Average

Risk Rating Below Average

Stock Exchange Nasdaq

Ticker Symbol FRLEX

Share Class Class R6

Index MSCI AC World NR USD

Performance

FRLEX had a total return of 17.03% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.26%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FLSOX	Advisor Class	0.45%
FLSJX	Class A	0.70%
FLSNX	Class R	0.95%
FLSKX	Class C	1.45%

Top 10 Holdings

89.59% of assets

Name	Symbol	Weight
Franklin U.S. Core Equity Advisor	FCEUX	21.59%
Franklin U.S. Equity Index ETF	USPX	13.08%
Franklin International Core Equity Adv	FCENX	13.07%
Franklin Emerging Market Core Equity Adv	FCEEX	7.80%
Putnam Large Cap Value R6	PEQSX	7.68%
Franklin U.S. Large Cap Multifactor Index ETF	FLQL	7.24%
Putnam Large Cap Growth R6	PGOEX	5.50%
Franklin Growth R6	FIFRX	5.02%
Templeton Emerging Markets Equity R6	FDEVX	4.67%
Franklin U.S Core Bond ETF	FLCB	3.96%

View More Holdings

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 15, 2026	$0.5775	Jun 15, 2026
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

Full Dividend History