Franklin LifeSmart™ 2020 Retirement Target Fund Class R6 (FRTSX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
12.97
+0.03 (0.23%)
Jul 16, 2025, 4:00 PM EDT
3.18%
Fund Assets24.63M
Expense Ratio0.40%
Min. Investment$1,000,000
Turnover38.80%
Dividend (ttm)0.48
Dividend Yield3.72%
Dividend Growth43.31%
Payout FrequencyQuarterly
Ex-Dividend DateJun 16, 2025
Previous Close12.94
YTD Return3.76%
1-Year Return4.59%
5-Year Return30.80%
52-Week Low11.91
52-Week High13.16
Beta (5Y)n/a
Holdings20
Inception DateJul 1, 2013

About FRTSX

Franklin LifeSmart 2020 Retirement Target Fund Class R6 is a target-date mutual fund designed for investors planning to retire around the year 2020. The primary function of this fund is to provide a diversified investment solution that automatically adjusts its asset allocation over time, shifting focus from growth-oriented investments to more conservative assets as the target retirement date approaches. This process is intended to help manage risk as investors near retirement. The fund holds a blend of asset classes, including a substantial allocation to fixed income securities and a meaningful portion in domestic and foreign equities. As of May 2025, its largest holdings include U.S. core bond funds, U.S. core equity funds, Treasury bonds, investment-grade corporate bonds, and select international equities. Notably, the equity allocation was gradually reduced in the years leading up to and after 2020, reflecting the fund’s goal of balancing capital appreciation with capital preservation as investors transition into retirement. Franklin LifeSmart 2020 Retirement Target Fund Class R6 plays a key role for individuals seeking a hands-off, professionally managed retirement investment that evolves to match their changing risk tolerance over time.

Fund Family Franklin Templeton Investments
Category Target-Date 2020
Stock Exchange NASDAQ
Ticker Symbol FRTSX
Share Class Class R6
Index Bloomberg Multiverse TR USD Unhedged

Performance

FRTSX had a total return of 4.59% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.85%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
FLROXAdvisor Class0.45%
FLRMXClass A0.70%
FLRVXClass R0.95%
FLRQXClass C1.45%

Top 10 Holdings

85.63% of assets
NameSymbolWeight
Franklin U.S Core Bond ETFFLCB22.15%
Franklin U.S. Core Equity (IU) Fund AdvisorFCEUX13.63%
Franklin U.S. Treasury Bond ETFFLGV11.27%
Franklin Investment Grade Corporate ETFFLCO10.86%
Franklin International Core Equity (IU) Fund AdvisorFCENX7.17%
Franklin Growth Series Class R6FIFRX6.03%
Franklin High Yield Corporate ETFFLHY3.92%
BrandywineGLOBAL - Global Opportunities Bond Fund Class ISGOBSX3.74%
Putnam Large Cap Value Fund Class R6PEQSX3.57%
Franklin U.S. Large Cap Multifactor Index ETFFLQL3.28%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 16, 2025$0.309Jun 16, 2025
Dec 30, 2024$0.082Dec 30, 2024
Sep 30, 2024$0.0901Sep 30, 2024
Jun 28, 2024$0.0902Jun 28, 2024
Mar 28, 2024$0.1281Mar 28, 2024
Dec 28, 2023$0.0412Dec 28, 2023
Full Dividend History