- ISIN
- US35473A5074
- Issuer
- Franklin Templeton
- Inception Date
- Apr 30, 2015
- Category
- Target Retirement Date
- Min. Investment
- $100,000
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
FLTKX Performance Chart
Franklin LifeSmart 2055 Retirement Target Fund (FLTKX) is up 10.3% since the beginning of the year. FLTKX is currently trading at $17 per share. Investors who bought $1,000 worth of FLTKX shares 5 years ago would now be looking at an investment worth $1,611.
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Returns By Period
Franklin LifeSmart 2055 Retirement Target Fund (FLTKX) has returned 10.30% so far this year and 22.56% over the past 12 months. Over the last ten years, FLTKX has returned 11.06% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
Franklin LifeSmart 2055 Retirement Target Fund
- 1D
- 2.23%
- 1M
- -0.29%
- 6M
- 6.92%
- YTD
- 10.30%
- 1Y
- 22.56%
- 3Y*
- 17.44%
- 5Y*
- 10.01%
- 10Y*
- 11.06%
- ALL TIME*
- 10.82%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
FLTKX Monthly Returns History
Based on dividend-adjusted daily data since Jan 4, 2016, FLTKX's average daily return is +0.05%, while the average monthly return is +0.93%. At this rate, an investment would double in approximately 6.2 years.
Historically, 70% of months were positive and 30% were negative. The best month was Apr 2020 with a return of +10.2%, while the worst month was Mar 2020 at -12.1%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 3 months.
On a daily basis, FLTKX closed higher 51% of trading days. The best single day was Dec 30, 2021 with a return of +16.9%, while the worst single day was Dec 31, 2021 at -14.7%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.15% | 1.28% | -6.28% | 8.95% | 4.37% | 0.11% | -1.05% | 10.30% | |||||
| 2025 | 3.25% | 0.07% | -3.57% | 0.36% | 5.42% | 4.25% | 0.89% | 2.51% | 3.57% | 2.23% | 0.25% | 1.02% | 21.87% |
| 2024 | 0.90% | 4.85% | 3.34% | -3.83% | 4.53% | 1.81% | 1.40% | 2.32% | 1.67% | -2.17% | 3.65% | -3.04% | 16.05% |
| 2023 | 6.00% | -2.61% | 3.09% | 0.81% | -1.25% | 5.67% | 2.85% | -2.27% | -3.94% | -2.61% | 8.50% | 4.67% | 19.58% |
| 2022 | -4.84% | -3.26% | 1.64% | -7.76% | 0.96% | -7.68% | 6.72% | -3.92% | -8.64% | 6.78% | 7.42% | -4.29% | -17.27% |
| 2021 | -0.67% | 1.88% | 3.45% | 4.13% | 1.44% | 1.02% | 0.81% | 2.56% | -4.47% | 5.03% | -2.50% | 4.04% | 17.56% |
Benchmark Metrics
Franklin LifeSmart 2055 Retirement Target Fund has an annualized alpha of 2.95%, beta of 0.63, and R2 of 0.47 versus S&P 500 Index. Calculated based on daily prices since January 04, 2016.
- This fund participated in 87.07% of S&P 500 Index downside but only 81.31% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.63 may look defensive, but with R2 of 0.47 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.47 means the benchmark explains less than half of this fund's behavior - treat beta with caution or consider switching to a more representative benchmark.
- Alpha
- 2.95%
- Beta
- 0.63
- R²
- 0.47
- Upside Capture
- 81.31%
- Downside Capture
- 87.07%
Expense Ratio
FLTKX has an expense ratio of 0.24%, which is considered low.
Return for Risk
Risk / Return Rank
FLTKX ranks 59 for risk / return — above 59% of mutual funds peers on PortfoliosLab. Its historical combined result is near the middle of the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Franklin LifeSmart 2055 Retirement Target Fund (FLTKX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FLTKX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.12 | ||
| Sortino ratioReturn per unit of downside risk | +0.19 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.25 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 2.15 | 2.00 | +0.15 |
| Martin ratioReturn relative to average drawdown | 9.14 | 8.49 | +0.65 |
Dividends
Dividend History
Franklin LifeSmart 2055 Retirement Target Fund provided a 5.36% dividend yield over the last twelve months, with an annual payout of $0.91 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.91 | $0.93 | $0.37 | $0.28 | $0.42 | $2.55 | $0.31 | $0.25 | $0.39 | $0.06 | $0.18 |
Dividend yield | 5.36% | 5.86% | 2.70% | 2.31% | 4.02% | 19.28% | 2.35% | 2.08% | 3.98% | 0.54% | 1.87% |
Monthly Dividends
The table displays the monthly dividend distributions for Franklin LifeSmart 2055 Retirement Target 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.53 | $0.00 | $0.53 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.55 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.38 | $0.93 |
| 2024 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.20 | $0.37 |
| 2023 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.04 | $0.28 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.03 | $0.42 |
| 2021 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.25 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $2.24 | $2.55 |
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 2055 Retirement Target 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 2055 Retirement Target Fund was 35.72%, occurring on Sep 30, 2022. Recovery took 510 trading sessions.
The current Franklin LifeSmart 2055 Retirement Target Fund drawdown is 1.78%.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-35.72%Sep 2022 | 9mo 3d | 2y 12d | 2y 9moDec 2021 - Oct 2024 | Bear market2022 |
-31.43%Mar 2020 | 1mo 3d | 4mo 15d | 5mo 18dFeb 2020 - Aug 2020 | COVID crash2020 |
-15.73%Apr 2025 | 1mo 17d | 1mo 11d | 2mo 28dFeb 2025 - May 2025 | 2025 selloff2025 |
-15.41%Dec 2018 | 10mo 29d | 4mo 7d | 1y 3moJan 2018 - Apr 2019 | Rate-hike selloffLate 2018 |
-10.11%Feb 2016 | 1mo 6d | 1mo 18d | 2mo 24dJan 2016 - Mar 2016 | — |
Drawdown Indicators
| FLTKX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.72% | -56.78% | +21.06% |
Max Drawdown (1Y)Largest decline over 1 year | -9.63% | -9.10% | -0.53% |
Max Drawdown (3Y)Largest decline over 3 years | -15.73% | -18.90% | +3.17% |
Max Drawdown (5Y)Largest decline over 5 years | -35.72% | -25.43% | -10.29% |
Max Drawdown (10Y)Largest decline over 10 years | -35.72% | -33.92% | -1.80% |
Current DrawdownCurrent decline from peak | -1.78% | -1.58% | -0.20% |
Average DrawdownAverage peak-to-trough decline | -7.09% | -10.70% | +3.61% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 2.27% | 2.14% | +0.13% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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