# EDGAR Filing Document

**Accession Number:** 0001022804
**File Stem:** 0002071691-26-012226
**Filing Date:** 2026-5
**Character Count:** 11410
**Document Hash:** ea5c05c6fe71966182464d04d5df039b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-012226.hdr.sgml**: 20260527

**ACCESSION NUMBER**: 0002071691-26-012226

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260527

**DATE AS OF CHANGE**: 20260527

**PERIOD START**: 20261231

**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:** 261024588

**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 2040 Retirement Target Fund (Series ID: S000041339)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000128222 | Class A       | FLADX           |
| C000128223 | Class C       | FLOLX           |
| C000128224 | Class R       | FLSGX           |
| C000128225 | Class R6      | FLREX           |
| C000128226 | Advisor Class | FLSHX           |

## 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 2040 Retirement Target Fund

- **b. EDGAR series identifier (if any):** S000041339

- **c. LEI of Series:** 549300TGLGMFFQ6OWJ29

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

- **a. Date of fiscal year-end:** 2026-12-31

- **b. Date as of which information is reported:** 2026-03-31

**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:** $74860109.75

**Total Liabilities:** $81024.59

**Net Assets:** $74779085.16

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000128222 | 2.66%                | 1.21%                | -5.30%               |
| Class ID C000128226 | 2.64%                | 1.32%                | -5.32%               |
| Class ID C000128224 | 2.60%                | 1.27%                | -5.37%               |
| Class ID C000128225 | 2.63%                | 1.25%                | -5.30%               |
| Class ID C000128223 | 2.55%                | 1.24%                | -5.40%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $14900.88                | $1977554.80                                |
| Month 2  | $307712.27               | $632905.19                                 |
| Month 3  | $704812.76               | $-4959808.57                               |

### 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        |     58992 | NS      | $3990218.88   | 5.34%             |  |  |  | No            |                  1 | On Loan: No      |
| ClearBridge International Growth Fund                    | ClearBridge International Growth Fund, Class IS          | CUSIP: 52471E258<br>LEI: 549300SUY81C3X143T93 | Long             |  | RF                | US        |     10975 | NS      | $780845.64    | 1.04%             |  |  |  | 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        |    293659 | NS      | $4037810.92   | 5.40%             |  |  |  | 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        |    547660 | NS      | $7546755.01   | 10.09%            |  |  |  | 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        |    143346 | NS      | $2928558.78   | 3.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin FTSE Japan ETF                                  | Franklin FTSE Japan ETF                                  | CUSIP: 35473P744<br>LEI: 549300V7MZYC1Z30JS82 | Long             |  | RF                | US        |     91975 | NS      | $3327655.50   | 4.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Systematic Style Premia ETF                     | Franklin Systematic Style Premia ETF                     | CUSIP: 35473P546<br>LEI: 549300FEMFRM3FWBHG39 | Long             |  | RF                | US        |     28612 | NS      | $778246.40    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Templeton Foreign Fund                                   | Templeton Foreign Fund, Class R6                         | CUSIP: 880196878<br>LEI: 549300XGZSBD9O0E1I88 | Long             |  | RF                | US        |    141971 | NS      | $1318911.15   | 1.76%             |  |  |  | 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        |    755490 | NS      | $14278763.23  | 19.09%            |  |  |  | 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        |    108975 | NS      | $6197408.25   | 8.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Growth Fund                                     | Franklin Growth Fund, Class R6                           | CUSIP: 353496649<br>LEI: 549300HNBBCTK2YQED48 | Long             |  | RF                | US        |     38324 | NS      | $4925834.62   | 6.59%             |  |  |  | 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        |    131807 | NS      | $5218234.30   | 6.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Templeton Developing Markets Trust                       | Templeton Developing Markets Trust, Class R6             | CUSIP: 88018W609<br>LEI: 549300ZJC3KUG08IH343 | Long             |  | RF                | US        |    111955 | NS      | $3081008.54   | 4.12%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core MSCI Emerging Markets ETF                   | iShares Core MSCI Emerging Markets ETF                   | CUSIP: 46434G103<br>LEI: 5493007C24Z3ZDJ0VD06 | Long             |  | RF                | US        |      8875 | NS      | $619031.25    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core MSCI EAFE ETF                               | iShares Core MSCI EAFE ETF                               | CUSIP: 46432F842<br>LEI: 5493009FT582MI7Y3I36 | Long             |  | RF                | US        |      2909 | NS      | $263351.77    | 0.35%             |  |  |  | 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        |    313152 | NS      | $6729636.48   | 9.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Investment Grade Corporate ETF                  | Franklin Investment Grade Corporate ETF                  | CUSIP: 35473P603<br>LEI: 549300AGICP0BF7KSG70 | Long             |  | RF                | US        |    146828 | NS      | $3145055.76   | 4.21%             |  |  |  | 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        |     37999 | NS      | $2844220.88   | 3.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin High Yield Corporate ETF                        | Franklin High Yield Corporate ETF                        | CUSIP: 35473P629<br>LEI: 5493002F67QK4VNO5Q54 | Long             |  | RF                | US        |     47223 | NS      | $1139963.22   | 1.52%             |  |  |  | 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        |   1780877 | NS      | $1780876.66   | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

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

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer