FLRLX Performance — Franklin LifeSmart 2045 Retirement Target Fund, Advisor Class
Data updated: 2026-08-27
FLRLX returned +10.42% year to date and +21.63% over one year to Jun 2026. Annualised returns are +17.68% over 3 years and +9.57% over 5 years. The fund beat its Target-Date category average: $100 invested three years ago grew to $163, against $150 for the category, and to $122 over one year, against $118. Volatility over the past three years was 11.12% a year. In the 12 months to Jun 2026 the fund took in a net $6.6M, and assets reached $134.38M.
FLRLX Growth of $100
What $100 invested in Franklin LifeSmart 2045 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 | FLRLX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $122 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $163 | $150 |
| 5 years (Jul 2021 – Jun 2026) | $158 | $143 |
| Since data start (Jul 2019 – Jun 2026) | $220 | $187 |
FLRLX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +10.42% |
| 1 year | +21.63% |
| 3 years (annualised) | +17.68% |
| 5 years (annualised) | +9.57% |
FLRLX Annual Returns
Calendar-year total returns of Franklin LifeSmart 2045 Retirement Target Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +10.42% |
| 2025 | +20.43% |
| 2024 | +15.01% |
| 2023 | +18.88% |
| 2022 | −17.40% |
| 2021 | +17.32% |
| 2020 | +16.06% |
| 2019 (Jul–Dec) | +7.49% |
FLRLX 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 | +2.9% | +1.3% | −5.8% | +8.1% | +4.0% | 0.0% | — | — | — | — | — | — |
| 2025 | +3.0% | +0.2% | −3.2% | +0.4% | +4.8% | +4.0% | +0.8% | +2.3% | +3.3% | +2.1% | +0.3% | +0.9% |
| 2024 | +0.8% | +4.4% | +3.2% | −3.8% | +4.4% | +1.7% | +1.5% | +2.2% | +1.7% | −2.2% | +3.5% | −2.8% |
| 2023 | +6.0% | −2.6% | +3.0% | +0.8% | −1.2% | +5.4% | +2.6% | −2.2% | −3.8% | −2.6% | +8.3% | +4.7% |
| 2022 | −4.8% | −3.2% | +1.5% | −7.6% | +0.9% | −7.6% | +6.6% | −3.9% | −8.5% | +6.3% | +7.4% | −4.2% |
| 2021 | −0.6% | +1.8% | +3.4% | +4.0% | +1.4% | +1.0% | +0.9% | +2.5% | −4.5% | +4.9% | −2.3% | +3.9% |
| 2020 | −0.6% | −7.0% | −12.0% | +10.3% | +4.9% | +2.3% | +5.3% | +5.3% | −2.6% | −2.3% | +9.9% | +3.9% |
| 2019 | — | — | — | — | — | — | +0.1% | −1.2% | +1.4% | +1.5% | +2.5% | +3.0% |
FLRLX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 11.12%
- 3-year Sharpe ratio: 1.18 (vs 4.5% risk-free rate)
- Best month: +8.25% (Nov 2023)
- Worst month: −5.83% (Mar 2026)
FLRLX Fund Flows
Monthly money in and out of Franklin LifeSmart 2045 Retirement Target Fund, from SEC Form N-PORT.
- 12-month net flow: $6.6M
- 12-month gross sales (incl. reinvestments): $24.1M
- Sales ÷ redemptions: 1.38×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $5.1M | $2.0M | $3.1M |
| May 2026 | $1.6M | $1.6M | −$52K |
| Apr 2026 | $1.7M | $1.7M | $40K |
| Mar 2026 | $1.6M | $1.3M | $239K |
| Feb 2026 | $1.2M | $1.3M | −$83K |
| Jan 2026 | $2.2M | $1.7M | $423K |
| Dec 2025 | $5.0M | $1.3M | $3.7M |
| Nov 2025 | $890K | $1.5M | −$660K |
| Oct 2025 | $1.3M | $1.6M | −$268K |
| Sep 2025 | $886K | $962K | −$76K |
| Aug 2025 | $1.5M | $1.1M | $424K |
| Jul 2025 | $1.2M | $1.3M | −$130K |
FLRLX Assets Under Management
Net assets of Franklin LifeSmart 2045 Retirement Target Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $134.38M |
| 2026-03-31 | $120.48M |
| 2025-12-31 | $122.27M |
| 2025-09-30 | $119.31M |
| 2025-06-30 | $111.73M |
| 2025-03-31 | $103.18M |
| 2024-12-31 | $103.64M |
| 2024-09-30 | $104.73M |
| 2024-06-30 | $99.97M |
| 2024-03-31 | $97.32M |
| 2023-12-31 | $90.34M |
| 2023-09-30 | $81.62M |
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.