# EDGAR Filing Document

**Accession Number:** 0001022804
**File Stem:** 0001752724-23-033133
**Filing Date:** 2023-2
**Character Count:** 13883
**Document Hash:** e5ddb2476369eefae01d6f762b940ba1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-033133.hdr.sgml**: 20230222

**ACCESSION NUMBER**: 0001752724-23-033133

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230222

**DATE AS OF CHANGE**: 20230222

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FRANKLIN FUND ALLOCATOR SERIES
- **CENTRAL INDEX KEY:** 0001022804
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07851
- **FILM NUMBER:** 23651795

**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:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $32749622.36

**Total Liabilities:** $95649.19

**Net Assets:** $32653973.17

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000128213 | 2.81%                | 5.47%                | -2.57%               |
| Class ID C000128212 | 2.79%                | 5.63%                | -2.52%               |
| Class ID C000128216 | 2.78%                | 5.60%                | -2.45%               |
| Class ID C000128214 | 2.79%                | 5.53%                | -2.59%               |
| Class ID C000128215 | 2.82%                | 5.67%                | -2.55%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-204896.89              | $1016105.29                                |
| Month 2  | $-36018.74               | $1816928.15                                |
| Month 3  | $307467.61               | $-1429054.33                               |

### 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        |     31703 | NS      | $1244111.32   | 3.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin International Growth Fund                     | Franklin International Growth Fund, Class R6                | CUSIP: 353533649<br>LEI: 549300FFQ9Q5UZ95E702 | Long             |  | RF                | US        |     22310 | NS      | $321493.70    | 0.98%             |  |  |  | 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        |     89795 | NS      | $796484.06    | 2.44%             |  |  |  | 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        |    211089 | NS      | $2121449.17   | 6.50%             |  |  |  | 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        |     76773 | NS      | $1589201.10   | 4.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin International Aggregate Bond ETF              | Franklin International Aggregate Bond ETF                   | CUSIP: 35473P611<br>LEI: 549300X1LYVIK50DRI49 | Long             |  | RF                | US        |     35821 | NS      | $687942.31    | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Systematic Style Premia ETF                   | Franklin Systematic Style Premia ETF                        | CUSIP: 35473P546<br>LEI: 549300FEMFRM3FWBHG39 | Long             |  | RF                | US        |     14685 | NS      | $311909.40    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Asset Short-Term Bond Fund                     | Western Asset Short-Term Bond Fund, Class IS                | CUSIP: 52468A731<br>LEI: 549300G71M2UUYXXMK17 | Long             |  | RF                | US        |    287102 | NS      | $1036436.60   | 3.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Templeton Foreign Fund                                 | Templeton Foreign Fund, Class R6                            | CUSIP: 880196878<br>LEI: 549300XGZSBD9O0E1I88 | Long             |  | RF                | US        |     78447 | NS      | $527165.12    | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin US Core Equity IU Fund                        | Franklin U.S. Core Equity (IU) Fund                         | CUSIP: 35473A614<br>LEI: 549300EV7Q7FYQ96LR11 | Long             |  | RF                | US        |    446906 | NS      | $5318183.63   | 16.29%            |  |  |  | No            |                  1 | On Loan: No      |
| iShares Floating Rate Bond ETF                         | iShares Floating Rate Bond ETF                              | CUSIP: 46429B655<br>LEI: 549300G2T0MQ0NCEG317 | Long             |  | RF                | US        |     14225 | NS      | $715944.25    | 2.19%             |  |  |  | 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        |     13925 | NS      | $462737.50    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas Securities Corp.                           | BNP Paribas Securities Corp.                                | CUSIP: N/A<br>LEI: 2J5703FH5U5M97R1I237       | Long             | RA               | CORP              | US        |     14156 | PA      | $14155.80     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Franklin Growth Fund                                   | Franklin Growth Fund, Class R6                              | CUSIP: 353496649<br>LEI: 549300HNBBCTK2YQED48 | Long             |  | RF                | US        |     22992 | NS      | $2365638.13   | 7.24%             |  |  |  | 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        |    131423 | NS      | $1148634.70   | 3.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Bank Securities Inc.                          | Deutsche Bank Securities Inc.                               | CUSIP: N/A<br>LEI: 9J6MBOOO7BECTDTUZW19       | Long             | RA               | CORP              | US        |     12971 | PA      | $12971.00     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Templeton Developing Markets Trust                     | Templeton Developing Markets Trust, Class R6                | CUSIP: 88018W609<br>LEI: 549300ZJC3KUG08IH343 | Long             |  | RF                | US        |     34005 | NS      | $556657.23    | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Western Asset Core Plus Bond Fund                      | Western Asset Core Plus Bond Fund, Class IS                 | CUSIP: 957663669<br>LEI: 549300M92SFKO7RZX103 | Long             |  | RF                | US        |    350562 | NS      | $3281257.92   | 10.05%            |  |  |  | No            |                  1 | On Loan: No      |
| Schwab US TIPS ETF                                     | Schwab U.S. TIPS ETF                                        | CUSIP: 808524870<br>LEI: 5493001H0ESLTZTZWE77 | Long             |  | RF                | US        |     21829 | NS      | $1130523.91   | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core MSCI EAFE ETF                             | iShares Core MSCI EAFE ETF                                  | CUSIP: 46432F842<br>LEI: 5493009FT582MI7Y3I36 | Long             |  | RF                | US        |      5979 | NS      | $368545.56    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Securities (USA) Inc.                             | HSBC Securities (USA) Inc.                                  | CUSIP: N/A<br>LEI: CYYGQCGNHMHPSMRL3R97       | Long             | RA               | CORP              | US        |     96289 | PA      | $96289.04     | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Franklin U.S. Core Bond ETF                            | Franklin U.S. Core Bond ETF                                 | CUSIP: 35473P553<br>LEI: 549300IKA3VXH7FL6377 | Long             |  | RF                | US        |    270263 | NS      | $5721467.71   | 17.52%            |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Investment Grade Corporate ETF                | Franklin Investment Grade Corporate ETF                     | CUSIP: 35473P603<br>LEI: 549300AGICP0BF7KSG70 | Long             |  | RF                | US        |     35503 | NS      | $740947.61    | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin U.S. Low Volatility High Dividend Index ETF   | Franklin U.S. Low Volatility High Dividend Index ETF        | CUSIP: 52468L406<br>LEI: 549300PKK8HNPP2M1496 | Long             |  | RF                | US        |      4900 | NS      | $186396.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin High Yield Corporate ETF                      | Franklin High Yield Corporate ETF                           | CUSIP: 35473P629<br>LEI: 5493002F67QK4VNO5Q54 | Long             |  | RF                | US        |     25613 | NS      | $564766.65    | 1.73%             |  |  |  | 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        |    462949 | NS      | $462948.53    | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| ClearBridge Large Cap Value Fund                       | ClearBridge Large Cap Value Fund, Class IS                  | CUSIP: 52470J605<br>LEI: 5493008X4JXB7WRB6E40 | Long             |  | RF                | US        |     27248 | NS      | $993723.69    | 3.04%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

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

**Signature:** Ryan Wheeler

**Name of Signer:** Ryan Wheeler

**Title:** Assistant Treasurer