FBRLX — Franklin LifeSmart Retirement Income Fund
Data updated: 2026-08-27
FBRLX — Franklin LifeSmart Retirement Income Fund. United States Blend / Core Equity · $44.20M AUM. Holdings, fees, performance and SEC filings.
FBRLX Fund Overview
FBRLX — Franklin LifeSmart Retirement Income Fund is a US mutual fund managed by Franklin Fund Allocator Series, categorised as United States Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Franklin Fund Allocator Series
- Category: United States Blend / Core Equity
- Assets under management: $44.20M
- 1-year return: 10.0%
- Ticker: FBRLX
- SEC CIK: 0001022804
- SEC series ID: S000012937
- Share class ID: C000034927
FBRLX Holdings
Top 10 holdings of Franklin LifeSmart Retirement Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Franklin U.S. Core Bond ETF | 18.77% |
| BrandywineGLOBAL High Yield Fund | 9.75% |
| Franklin U.S. Treasury Bond ETF | 8.38% |
| ClearBridge Tactical Dividend Income Fund | 7.91% |
| Franklin International Core Dividend Tilt Index ETF | 7.90% |
| Franklin Investment Grade Corporate ETF | 7.49% |
| Franklin High Yield Corporate ETF | 7.49% |
| JPMorgan Equity Premium Income ETF | 7.20% |
| UBS AG into S&P 500 Index | 5.80% |
| Franklin U.S. Core Equity (IU) Fund | 5.68% |
FBRLX Portfolio Allocation
Asset-class allocation of Franklin LifeSmart Retirement Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Other | 98.2% |
| Cash & Equivalents | 1.5% |
FBRLX Performance
Total returns for FBRLX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 4.3% |
| 1 year | 10.0% |
| 3 years (annualised) | 9.1% |
| 5 years (annualised) | 4.3% |
FBRLX Risk Information
Risk metrics for FBRLX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.4%
FBRLX Costs and Fees
FBRLX costs about $92 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.92%
- Gross expense ratio: 1.61%
- Portfolio turnover: 33%
- Brokerage commissions: 3.34 bps of average net assets (SEC N-CEN)
FBRLX Cashflows
Over the 12 months to 2026-06, Franklin LifeSmart Retirement Income Fund had net outflows of $3.61M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$715.93K |
| 2026-05 | −$59.93K |
| 2026-04 | $193.39K |
| 2026-03 | −$165.67K |
| 2026-02 | −$604.66K |
| 2026-01 | −$115.12K |
FBRLX Debt Constituents
No individual debt constituents are reported in Franklin LifeSmart Retirement Income Fund's latest SEC N-PORT filing.
FBRLX Prospectus and SEC Filings
Official Franklin LifeSmart Retirement Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-27
- Prospectus (485BPOS) — filed 2025-04-28
- Prospectus (485BPOS) — filed 2024-04-25
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-27
- Portfolio holdings (N-PORT) — filed 2026-02-25
- Annual census (N-CEN) — filed 2026-03-13
- Annual census (N-CEN) — filed 2025-03-13
Related Funds
Other United States Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.