FLRFX — Franklin LifeSmart 2025 Retirement Target Fund
Data updated: 2026-08-27
FLRFX — Franklin LifeSmart 2025 Retirement Target Fund. Target Date / Glide Path Allocation · $113.27M AUM. Holdings, fees, performance and SEC filings.
FLRFX Fund Overview
FLRFX — Franklin LifeSmart 2025 Retirement Target Fund is a US mutual fund managed by Franklin Fund Allocator Series, categorised as Target Date / Glide Path Allocation. 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: Target Date / Glide Path Allocation
- Assets under management: $113.27M
- 1-year return: 14.3%
- Ticker: FLRFX
- SEC CIK: 0001022804
- SEC series ID: S000012938
- Share class ID: C000034932
FLRFX Holdings
Top 10 holdings of Franklin LifeSmart 2025 Retirement Target 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 | 19.71% |
| Franklin U.S. Core Equity (IU) Fund | 16.12% |
| Franklin Investment Grade Corporate ETF | 9.14% |
| Franklin U.S. Treasury Bond ETF | 8.56% |
| Franklin International Core Equity (IU) Fund | 6.59% |
| Putnam Large Cap Value Fund | 4.36% |
| Franklin Emerging Market Core Equity (IU) Fund | 4.07% |
| Franklin U.S. Large Cap Multifactor Index ETF | 4.06% |
| Franklin Growth Fund | 3.57% |
| Franklin High Yield Corporate ETF | 3.31% |
FLRFX Portfolio Allocation
Asset-class allocation of Franklin LifeSmart 2025 Retirement Target Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Other | 98.5% |
| Cash & Equivalents | 1.6% |
FLRFX Performance
Total returns for FLRFX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 6.7% |
| 1 year | 14.3% |
| 3 years (annualised) | 12.4% |
| 5 years (annualised) | 6.0% |
FLRFX Risk Information
Risk metrics for FLRFX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 7.6%
FLRFX Costs and Fees
FLRFX costs about $45 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.45%
- Gross expense ratio: 0.72%
- Portfolio turnover: 21%
- Brokerage commissions: 1.94 bps of average net assets (SEC N-CEN)
FLRFX Cashflows
Over the 12 months to 2026-06, Franklin LifeSmart 2025 Retirement Target Fund had net outflows of $2.33M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $1.11M |
| 2026-05 | −$206.08K |
| 2026-04 | −$1.26M |
| 2026-03 | −$1.11M |
| 2026-02 | −$259.42K |
| 2026-01 | −$21.22K |
FLRFX Debt Constituents
No individual debt constituents are reported in Franklin LifeSmart 2025 Retirement Target Fund's latest SEC N-PORT filing.
FLRFX Prospectus and SEC Filings
Official Franklin LifeSmart 2025 Retirement Target 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 Target Date / Glide Path Allocation 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.