Franklin LifeSmart Retirement Income Fund (FLRDX)
The investment seeks to make monthly distributions, while preserving the investors' capital over the long term. The investment manager normally allocates the fund's assets among the broad asset classes of equity and fixed-income investments and strategies by investing primarily in a distinctly-weighted combination of underlying funds, predominantly other Franklin Templeton and Legg Mason mutual funds and ETFs and third-party ETFs, based on each underlying fund's predominant asset class and strategy. Normally, 40% of the fund's assets are allocated to equity investments and 60% of the fund's assets are allocated to fixed-income investments.
Fund Info
US35472P6209
Jul 31, 2006
$100,000
Large-Cap
Value
Expense Ratio
FLRDX has an expense ratio of 0.05%, which is considered low.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Franklin LifeSmart Retirement Income Fund (FLRDX) returned 1.30% year-to-date (YTD) and 7.25% over the past 12 months. Over the past 10 years, FLRDX returned 3.70% annually, underperforming the S&P 500 benchmark at 10.84%.
FLRDX
1.30%
0.77%
-0.27%
7.25%
5.59%
4.79%
3.70%
^GSPC (Benchmark)
0.52%
6.32%
-1.44%
12.25%
12.45%
14.20%
10.84%
Monthly Returns
The table below presents the monthly returns of FLRDX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.61% | 0.84% | -1.61% | -0.49% | 0.96% | 1.30% | |||||||
| 2024 | 0.18% | 1.06% | 1.74% | -2.33% | 2.56% | 0.95% | 1.82% | 1.88% | 1.57% | -1.59% | 2.53% | -1.91% | 8.60% |
| 2023 | 4.22% | -2.14% | 1.92% | 0.97% | -0.94% | 2.10% | 1.56% | -0.73% | -2.54% | -1.69% | 5.32% | 3.71% | 12.01% |
| 2022 | -2.18% | -1.70% | -0.29% | -4.86% | 0.76% | -5.09% | 4.39% | -2.59% | -6.11% | 2.70% | 5.08% | -1.65% | -11.62% |
| 2021 | -0.71% | -0.28% | 0.85% | 1.89% | 0.67% | 0.92% | 0.49% | 0.83% | -1.53% | 1.61% | -1.20% | 1.93% | 5.53% |
| 2020 | 0.53% | -1.89% | -5.29% | 3.86% | 1.96% | 0.54% | 2.10% | 1.25% | -0.99% | -0.83% | 5.40% | 2.18% | 8.72% |
| 2019 | 3.62% | 1.36% | 1.07% | 1.15% | -1.67% | 2.46% | 0.42% | 0.24% | 0.69% | 0.69% | 0.41% | 1.13% | 12.12% |
| 2018 | 0.89% | -1.35% | -0.28% | 0.27% | 0.64% | 0.17% | 1.28% | 0.45% | -0.01% | -1.92% | 0.65% | -2.89% | -2.18% |
| 2017 | 0.72% | 1.17% | 0.17% | 0.53% | 0.53% | -0.01% | 0.80% | -0.01% | 0.62% | 0.26% | 0.17% | 0.08% | 5.15% |
| 2016 | -2.87% | -1.43% | 4.09% | 0.93% | 0.44% | 0.96% | 1.18% | 0.71% | 0.53% | 0.07% | -0.29% | 1.27% | 5.58% |
| 2015 | 0.09% | 2.58% | -0.46% | 0.93% | 0.59% | -1.34% | 0.17% | -3.52% | -2.21% | 3.20% | 0.27% | -1.93% | -1.83% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FLRDX is 72, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Franklin LifeSmart Retirement Income Fund (FLRDX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Franklin LifeSmart Retirement Income Fund provided a 5.04% dividend yield over the last twelve months, with an annual payout of $0.53 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.53 | $0.56 | $0.56 | $0.59 | $0.75 | $0.47 | $0.44 | $0.47 | $0.47 | $0.40 | $0.63 |
Dividend yield | 5.04% | 5.36% | 5.46% | 6.11% | 6.53% | 4.01% | 3.95% | 4.50% | 4.22% | 3.65% | 5.84% |
Monthly Dividends
The table displays the monthly dividend distributions for Franklin LifeSmart Retirement Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.16 | |||||||
| 2024 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.14 | $0.56 |
| 2023 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.16 | $0.56 |
| 2022 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.13 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.08 | $0.59 |
| 2021 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.34 | $0.75 |
| 2020 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.47 |
| 2019 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.44 |
| 2018 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.47 |
| 2017 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.47 |
| 2016 | $0.00 | $0.00 | $0.04 | $0.00 | $0.04 | $0.09 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.40 |
| 2015 | $0.05 | $0.00 | $0.00 | $0.23 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.29 | $0.63 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Franklin LifeSmart Retirement Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Franklin LifeSmart Retirement Income Fund was 17.04%, occurring on Oct 14, 2022. Recovery took 340 trading sessions.
The current Franklin LifeSmart Retirement Income Fund drawdown is 1.42%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -17.04% | Nov 10, 2021 | 234 | Oct 14, 2022 | 340 | Feb 23, 2024 | 574 |
| -13.45% | Feb 21, 2020 | 21 | Mar 20, 2020 | 93 | Aug 3, 2020 | 114 |
| -12.57% | May 26, 2015 | 182 | Feb 11, 2016 | 226 | Jan 4, 2017 | 408 |
| -7.14% | Feb 21, 2025 | 33 | Apr 8, 2025 | — | — | — |
| -6.05% | Oct 3, 2018 | 57 | Dec 24, 2018 | 36 | Feb 15, 2019 | 93 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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