FLREX Performance — Franklin LifeSmart 2040 Retirement Target Fund, Class R6
Data updated: 2026-08-27
FLREX returned +9.52% year to date and +19.84% over one year to Jun 2026. Annualised returns are +16.42% over 3 years and +8.84% over 5 years. The fund beat its Target-Date category average: $100 invested three years ago grew to $158, against $150 for the category, and to $120 over one year, against $118. Volatility over the past three years was 10.33% a year. In the 12 months to Jun 2026 the fund took in a net $5.2M, and assets reached $82.96M.
FLREX Growth of $100
What $100 invested in Franklin LifeSmart 2040 Retirement Target Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Target-Date category average over the same months.
| Period | FLREX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $120 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $158 | $150 |
| 5 years (Jul 2021 – Jun 2026) | $153 | $143 |
| Since data start (Jul 2019 – Jun 2026) | $209 | $187 |
FLREX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +9.52% |
| 1 year | +19.84% |
| 3 years (annualised) | +16.42% |
| 5 years (annualised) | +8.84% |
FLREX Annual Returns
Calendar-year total returns of Franklin LifeSmart 2040 Retirement Target Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +9.52% |
| 2025 | +18.99% |
| 2024 | +13.85% |
| 2023 | +17.76% |
| 2022 | −16.86% |
| 2021 | +16.42% |
| 2020 | +15.35% |
| 2019 (Jul–Dec) | +7.17% |
FLREX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +2.6% | +1.3% | −5.3% | +7.4% | +3.6% | 0.0% | — | — | — | — | — | — |
| 2025 | +2.7% | +0.3% | −2.9% | +0.3% | +4.4% | +3.8% | +0.7% | +2.3% | +3.1% | +2.0% | +0.3% | +0.8% |
| 2024 | +0.7% | +4.0% | +3.0% | −3.6% | +4.1% | +1.6% | +1.5% | +2.1% | +1.7% | −2.2% | +3.2% | −2.7% |
| 2023 | +5.7% | −2.4% | +2.9% | +0.7% | −1.2% | +4.9% | +2.4% | −2.0% | −3.6% | −2.5% | +7.8% | +4.5% |
| 2022 | −4.7% | −3.0% | +1.3% | −7.3% | +0.9% | −7.2% | +6.3% | −3.8% | −8.0% | +5.7% | +7.0% | −3.9% |
| 2021 | −0.6% | +1.6% | +3.2% | +3.8% | +1.3% | +1.0% | +1.0% | +2.3% | −4.1% | +4.6% | −2.2% | +3.8% |
| 2020 | −0.4% | −6.5% | −11.4% | +9.7% | +4.7% | +2.2% | +5.0% | +4.9% | −2.4% | −2.2% | +9.3% | +3.7% |
| 2019 | — | — | — | — | — | — | +0.3% | −1.2% | +1.3% | +1.5% | +2.4% | +2.8% |
FLREX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 10.33%
- 3-year Sharpe ratio: 1.15 (vs 4.5% risk-free rate)
- Best month: +7.83% (Nov 2023)
- Worst month: −5.30% (Mar 2026)
FLREX Fund Flows
Monthly money in and out of Franklin LifeSmart 2040 Retirement Target Fund, from SEC Form N-PORT.
- 12-month net flow: $5.2M
- 12-month gross sales (incl. reinvestments): $18.4M
- Sales ÷ redemptions: 1.39×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $3.3M | $1.2M | $2.1M |
| May 2026 | $1.6M | $1.5M | $59K |
| Apr 2026 | $1.7M | $1.7M | −$91K |
| Mar 2026 | $2.0M | $1.4M | $632K |
| Feb 2026 | $1.0M | $1.6M | −$577K |
| Jan 2026 | $1.9M | $720K | $1.2M |
| Dec 2025 | $3.3M | $586K | $2.7M |
| Nov 2025 | $597K | $1.2M | −$628K |
| Oct 2025 | $822K | $618K | $204K |
| Sep 2025 | $973K | $427K | $546K |
| Aug 2025 | $632K | $847K | −$215K |
| Jul 2025 | $638K | $1.3M | −$664K |
FLREX Assets Under Management
Net assets of Franklin LifeSmart 2040 Retirement Target Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $82.96M |
| 2026-03-31 | $74.78M |
| 2025-12-31 | $74.86M |
| 2025-09-30 | $72.56M |
| 2025-06-30 | $68.74M |
| 2025-03-31 | $62.70M |
| 2024-12-31 | $62.20M |
| 2024-09-30 | $61.56M |
| 2024-06-30 | $58.78M |
| 2024-03-31 | $57.17M |
| 2023-12-31 | $53.60M |
| 2023-09-30 | $45.07M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.