# EDGAR Filing Document

**Accession Number:** 0001022804
**File Stem:** 0002071691-25-006453
**Filing Date:** 2025-11
**Character Count:** 11473
**Document Hash:** b4f1abd56cccf07f6319de314c7d5d31
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-006453.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0002071691-25-006453

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FRANKLIN FUND ALLOCATOR SERIES
- **CENTRAL INDEX KEY:** 0001022804

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07851
- **FILM NUMBER:** 251511821

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906
- **BUSINESS PHONE:** 650-312-4018

**MAIL ADDRESS:**
- **STREET 1:** FRANKLIN FUND ALLOCATOR SERIES
- **STREET 2:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN TEMPLETON FUND ALLOCATOR SERIES
- **DATE OF NAME CHANGE:** 19960912

## Series and Classes Contracts Data

### Franklin LifeSmart 2020 Retirement Target Fund (Series ID: S000041337)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000128212 | Class A       | FLRMX           |
| C000128213 | Class C       | FLRQX           |
| C000128214 | Class R       | FLRVX           |
| C000128215 | Class R6      | FRTSX           |
| C000128216 | Advisor Class | FLROX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Franklin Fund Allocator Series

- **b. Investment Company Act file number:** 811-07851

- **c. CIK number of Registrant:** 0001022804

- **d. LEI of Registrant:** 5493009BPYLDNZHEMO31

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** One Franklin Parkway

  - **City:** San Mateo

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94403-1906

  - **Telephone number:** 650-312-2000

**Item A.2. Information about the Series.**

- **a. Name of Series:** Franklin LifeSmart 2020 Retirement Target Fund

- **b. EDGAR series identifier (if any):** S000041337

- **c. LEI of Series:** 5493007K7XC7TKMPS670

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $25802847.77

**Total Liabilities:** $30238.67

**Net Assets:** $25772609.10

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000128213 | 0.16%                | 1.60%                | 2.20%                |
| Class ID C000128212 | 0.24%                | 1.66%                | 2.25%                |
| Class ID C000128216 | 0.16%                | 1.81%                | 2.24%                |
| Class ID C000128214 | 0.16%                | 1.74%                | 2.25%                |
| Class ID C000128215 | 0.23%                | 1.76%                | 2.26%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $43594.07                | $-71595.92                                 |
| Month 2  | $49820.48                | $343546.34                                 |
| Month 3  | $62968.59                | $457855.30                                 |

### Schedule of Portfolio Investments

| Name                                                     | Title                                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Franklin U.S. Large Cap Multifactor Index ETF            | Franklin U.S. Large Cap Multifactor Index ETF               | CUSIP: 35473P801<br>LEI: 549300OMVSYP2F5WOS42 | Long             |  | RF                | US        |     13078 | NS      | $894927.54    | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| ClearBridge International Growth Fund                    | ClearBridge International Growth Fund, Class IS             | CUSIP: 52471E258<br>LEI: 549300SUY81C3X143T93 | Long             |  | RF                | US        |      3601 | NS      | $284329.04    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Emerging Market Core Equity IU Fund             | Franklin Emerging Market Core Equity (IU) Fund              | CUSIP: 35473A598<br>LEI: 549300RHSEWP5HCKT350 | Long             |  | RF                | US        |     51523 | NS      | $663613.69    | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin International Core Equity (IU) Fund             | Franklin International Core Equity (IU) Fund                | CUSIP: 35473A580<br>LEI: 5493000TU9OU8KKTOX45 | Long             |  | RF                | US        |    126209 | NS      | $1819936.88   | 7.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin U.S. Treasury Bond ETF                          | Franklin U.S. Treasury Bond ETF                             | CUSIP: 35473P488<br>LEI: 5493008ZZCRVIGT1H265 | Long             |  | RF                | US        |    138273 | NS      | $2853954.72   | 11.07%            |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Systematic Style Premia ETF                     | Franklin Systematic Style Premia ETF                        | CUSIP: 35473P546<br>LEI: 549300FEMFRM3FWBHG39 | Long             |  | RF                | US        |     10235 | NS      | $271432.20    | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Templeton Foreign Fund                                   | Templeton Foreign Fund, Class R6                            | CUSIP: 880196878<br>LEI: 549300XGZSBD9O0E1I88 | Long             |  | RF                | US        |     45753 | NS      | $423218.46    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin U.S. Core Equity (IU) Fund                      | Franklin U.S. Core Equity (IU) Fund                         | CUSIP: 35473A614<br>LEI: 549300EV7Q7FYQ96LR11 | Long             |  | RF                | US        |    190973 | NS      | $3731613.24   | 14.48%            |  |  |  | No            |                  1 | On Loan: No      |
| Franklin U.S. Equity Index ETF                           | Franklin U.S. Equity Index ETF                              | CUSIP: 35473P405<br>LEI: 549300JHHNB9812HZJ73 | Long             |  | RF                | US        |      6950 | NS      | $407129.61    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Growth Fund                                     | Franklin Growth Fund, Class R6                              | CUSIP: 353496649<br>LEI: 549300HNBBCTK2YQED48 | Long             |  | RF                | US        |      9209 | NS      | $1410570.90   | 5.47%             |  |  |  | No            |                  1 | On Loan: No      |
| BrandywineGLOBAL - Global Opportunities Bond Fund        | BrandywineGLOBAL - Global Opportunities Bond Fund, Class IS | CUSIP: 524686318<br>LEI: 549300UL6SM15ZRNUZ25 | Long             |  | RF                | US        |    104394 | NS      | $941633.19    | 3.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Putnam Large Cap Value Fund                              | Putnam Large Cap Value Fund, Class R6                       | CUSIP: 746745801<br>LEI: CZH3VR3I6CWL6QA8GG38 | Long             |  | RF                | US        |     24714 | NS      | $960383.55    | 3.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Templeton Developing Markets Trust                       | Templeton Developing Markets Trust, Class R6                | CUSIP: 88018W609<br>LEI: 549300ZJC3KUG08IH343 | Long             |  | RF                | US        |     18460 | NS      | $464441.07    | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core MSCI EAFE ETF                               | iShares Core MSCI EAFE ETF                                  | CUSIP: 46432F842<br>LEI: 5493009FT582MI7Y3I36 | Long             |  | RF                | US        |      3204 | NS      | $279741.24    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin U.S. Core Bond ETF                              | Franklin U.S. Core Bond ETF                                 | CUSIP: 35473P553<br>LEI: 549300IKA3VXH7FL6377 | Long             |  | RF                | US        |    258913 | NS      | $5623590.36   | 21.82%            |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Investment Grade Corporate ETF                  | Franklin Investment Grade Corporate ETF                     | CUSIP: 35473P603<br>LEI: 549300AGICP0BF7KSG70 | Long             |  | RF                | US        |    125928 | NS      | $2755304.64   | 10.69%            |  |  |  | No            |                  1 | On Loan: No      |
| Putnam Large Cap Growth Fund                             | Putnam Large Cap Growth Fund, Class R6                      | CUSIP: 74680A208<br>LEI: 5493007F7Y4GQFGNWX67 | Long             |  | RF                | US        |      2438 | NS      | $210776.33    | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Total International Bond ETF                    | Vanguard Total International Bond ETF                       | CUSIP: 92203J407<br>LEI: N/A                  | Long             |  | RF                | US        |      8200 | NS      | $405572.00    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin High Yield Corporate ETF                        | Franklin High Yield Corporate ETF                           | CUSIP: 35473P629<br>LEI: 5493002F67QK4VNO5Q54 | Long             |  | RF                | US        |     40463 | NS      | $992557.39    | 3.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Institutional U.S. Government Money Market Fund | Franklin Institutional U.S. Government Money Market Fund    | CUSIP: 457756500<br>LEI: 549300M4TP89K77LG374 | Long             | STIV             | RF                | US        |    446797 | NS      | $446797.46    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** Franklin Fund Allocator Series

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer