Franklin LifeSmart 2040 Ret Trgt R6 holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.
Franklin LifeSmart 2040 Retirement Target Fund Class R6 FLREX
- NAV / 1-Day Return 17.29 / −0.75 %
- Total Assets 82.4M
-
Adj. Expense Ratio
0.400%
- Expense Ratio 0.220%
- Distribution Fee Level Average
- Share Class Type Retirement, Large
- Category Target-Date 2040
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Status Open
- TTM Yield 2.06%
- Turnover 24%
USD | NAV as of Jun 18, 2026 | 1-Day Return as of Jun 18, 2026, 12:11 AM GMT+0
Morningstar’s Analysis FLREX
Will FLREX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the FLREX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of FLREX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 80.7
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Franklin U.S. Core Equity Advisor | 18.30 | 15M | — |
Franklin US Equity Index ETF | 10.61 | 9M | — |
Franklin International Core Equity Adv | 9.65 | 8M | — |
Franklin U.S. Core Bond ETF | 9.38 | 8M | — |
Putnam Large Cap Value R6 | 6.41 | 5M | — |
Franklin Emerging Market Core Equity Adv | 6.07 | 5M | — |
Franklin US Large Cap Mltfctr Idx ETF | 6.01 | 5M | — |
Franklin Growth R6 | 5.39 | 4M | — |
Putnam Large Cap Growth R6 | 4.58 | 4M | — |
Franklin Investment Grade Corporate ETF | 4.34 | 4M | — |
United States