# EDGAR Filing Document

**Accession Number:** 0001022804
**File Stem:** 0001752724-25-203490
**Filing Date:** 2025-8
**Character Count:** 10337
**Document Hash:** 498f1989ba57b236be5d2f8dd2222da6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-203490.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-203490

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**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:** 251253182

**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:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $68802396.92

**Total Liabilities:** $62079.78

**Net Assets:** $68740317.14

**Cash Not Reported:** $16630.81

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000128222 | 0.28%                | 4.40%                | 3.68%                |
| Class ID C000128226 | 0.27%                | 4.37%                | 3.78%                |
| Class ID C000128224 | 0.28%                | 4.34%                | 3.68%                |
| Class ID C000128225 | 0.34%                | 4.36%                | 3.77%                |
| Class ID C000128223 | 0.21%                | 4.32%                | 3.65%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-127508.74              | $89107.24                                  |
| Month 2  | $-8547.82                | $2710154.47                                |
| Month 3  | $16209.16                | $2380046.45                                |

### 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        |     65192 | NS      | $4117526.72   | 5.99%             |  |  |  | No            |                  1 | On Loan: No      |
| ClearBridge International Growth Fund                  | ClearBridge International Growth Fund, Class IS        | CUSIP: 52471E258<br>LEI: 549300SUY81C3X143T93 | Long             |  | RF                | US        |     17818 | NS      | $1348852.35   | 1.96%             |  |  |  | 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        |    278870 | NS      | $3287882.35   | 4.78%             |  |  |  | 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        |    630370 | NS      | $8749533.39   | 12.73%            |  |  |  | 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        |    145221 | NS      | $2984291.55   | 4.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Systematic Style Premia ETF                   | Franklin Systematic Style Premia ETF                   | CUSIP: 35473P546<br>LEI: 549300FEMFRM3FWBHG39 | Long             |  | RF                | US        |     26987 | NS      | $650386.70    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Templeton Foreign Fund                                 | Templeton Foreign Fund, Class R6                       | CUSIP: 880196878<br>LEI: 549300XGZSBD9O0E1I88 | Long             |  | RF                | US        |    233817 | NS      | $2048240.63   | 2.98%             |  |  |  | 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        |    728642 | NS      | $13122836.28  | 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        |    105725 | NS      | $5747655.05   | 8.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Growth Fund                                   | Franklin Growth Fund, Class R6                         | CUSIP: 353496649<br>LEI: 549300HNBBCTK2YQED48 | Long             |  | RF                | US        |     52146 | NS      | $7527827.89   | 10.95%            |  |  |  | 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        |    119659 | NS      | $4404639.69   | 6.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Templeton Developing Markets Trust                     | Templeton Developing Markets Trust, Class R6           | CUSIP: 88018W609<br>LEI: 549300ZJC3KUG08IH343 | Long             |  | RF                | US        |     98410 | NS      | $2214234.16   | 3.22%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core MSCI EAFE ETF                             | iShares Core MSCI EAFE ETF                             | CUSIP: 46432F842<br>LEI: 5493009FT582MI7Y3I36 | Long             |  | RF                | US        |     16684 | NS      | $1392780.32   | 2.03%             |  |  |  | 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        |    272977 | NS      | $5874465.04   | 8.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Investment Grade Corporate ETF                | Franklin Investment Grade Corporate ETF                | CUSIP: 35473P603<br>LEI: 549300AGICP0BF7KSG70 | Long             |  | RF                | US        |    133478 | NS      | $2881122.63   | 4.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin High Yield Corporate ETF                      | Franklin High Yield Corporate ETF                      | CUSIP: 35473P629<br>LEI: 5493002F67QK4VNO5Q54 | Long             |  | RF                | US        |     42748 | NS      | $1040913.80   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Institutional Fiduciary Trust - Money Market Portfolio | Institutional Fiduciary Trust - Money Market Portfolio | CUSIP: 457756500<br>LEI: 549300M4TP89K77LG374 | Long             | STIV             | RF                | US        |   1353645 | NS      | $1353645.32   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

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

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer