FRTSX — Franklin LifeSmart 2020 Retirement Target Fund
Data updated: 2026-08-27
FRTSX — Franklin LifeSmart 2020 Retirement Target Fund. Target Date / Glide Path Allocation · $25.73M AUM. Holdings, fees, performance and SEC filings.
FRTSX Fund Overview
FRTSX — Franklin LifeSmart 2020 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: $25.73M
- 1-year return: 12.6%
- Ticker: FRTSX
- SEC CIK: 0001022804
- SEC series ID: S000041337
- Share class ID: C000128215
FRTSX Holdings
Top 10 holdings of Franklin LifeSmart 2020 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 | 23.53% |
| Franklin U.S. Core Equity (IU) Fund | 13.39% |
| Franklin Investment Grade Corporate ETF | 10.91% |
| Franklin U.S. Treasury Bond ETF | 10.21% |
| Franklin International Core Equity (IU) Fund | 5.47% |
| Franklin High Yield Corporate ETF | 3.96% |
| BrandywineGLOBAL - Global Opportunities Bond Fund | 3.74% |
| Putnam Large Cap Value Fund | 3.62% |
| Franklin Emerging Market Core Equity (IU) Fund | 3.38% |
| Franklin U.S. Large Cap Multifactor Index ETF | 3.38% |
FRTSX Portfolio Allocation
Asset-class allocation of Franklin LifeSmart 2020 Retirement Target Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Other | 98.4% |
| Cash & Equivalents | 1.5% |
FRTSX Performance
Total returns for FRTSX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 5.7% |
| 1 year | 12.6% |
| 3 years (annualised) | 11.0% |
| 5 years (annualised) | 5.7% |
FRTSX Risk Information
Risk metrics for FRTSX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 6.8%
FRTSX Costs and Fees
FRTSX costs about $40 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.40%
- Gross expense ratio: 4.72%
- Portfolio turnover: 20%
- Brokerage commissions: 2.07 bps of average net assets (SEC N-CEN)
FRTSX Cashflows
Over the 12 months to 2026-06, Franklin LifeSmart 2020 Retirement Target Fund had net outflows of $780.44K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $598.58K |
| 2026-05 | −$319.15K |
| 2026-04 | −$411.33K |
| 2026-03 | −$141.72K |
| 2026-02 | −$52.27K |
| 2026-01 | −$125.55K |
FRTSX Debt Constituents
No individual debt constituents are reported in Franklin LifeSmart 2020 Retirement Target Fund's latest SEC N-PORT filing.
FRTSX Prospectus and SEC Filings
Official Franklin LifeSmart 2020 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.