# EDGAR Filing Document

**Accession Number:** 0001022804
**File Stem:** 0001752724-23-033156
**Filing Date:** 2023-2
**Character Count:** 11356
**Document Hash:** 3389fe744ad3c4559bb9aee9217a52c6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-033156.hdr.sgml**: 20230222

**ACCESSION NUMBER**: 0001752724-23-033156

**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:** 23651821

**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 2050 Retirement Target Fund (Series ID: S000041340)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000128227 | Class A       | FLSJX           |
| C000128228 | Class C       | FLSKX           |
| C000128229 | Class R       | FLSNX           |
| C000128230 | Class R6      | FRLEX           |
| C000128231 | Advisor Class | FLSOX           |

## 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 2050 Retirement Target Fund

- **b. EDGAR series identifier (if any):** S000041340

- **c. LEI of Series:** 54930064WJFTYF0DEP50

**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:** $33809443.35

**Total Liabilities:** $83152.64

**Net Assets:** $33726290.71

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000128229 | 6.72%                | 7.45%                | -4.40%               |
| Class ID C000128230 | 6.66%                | 7.48%                | -4.31%               |
| Class ID C000128231 | 6.67%                | 7.48%                | -4.33%               |
| Class ID C000128228 | 6.64%                | 7.40%                | -4.45%               |
| Class ID C000128227 | 6.73%                | 7.46%                | -4.35%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-170436.72              | $2122676.26                                |
| Month 2  | $-106401.13              | $2552202.19                                |
| Month 3  | $778811.89               | $-2446571.84                               |

### 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        |    107822 | NS      | $4231226.40   | 12.55%            |  |  |  | No            |                  1 | On Loan: No      |
| Franklin International Growth Fund                     | Franklin International Growth Fund, Class R6           | CUSIP: 353533649<br>LEI: 549300FFQ9Q5UZ95E702 | Long             |  | RF                | US        |     46241 | NS      | $666339.27    | 1.98%             |  |  |  | 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        |    184182 | NS      | $1633694.25   | 4.84%             |  |  |  | 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        |    433941 | NS      | $4361105.51   | 12.93%            |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Systematic Style Premia ETF                   | Franklin Systematic Style Premia ETF                   | CUSIP: 35473P546<br>LEI: 549300FEMFRM3FWBHG39 | Long             |  | RF                | US        |     15213 | NS      | $323124.12    | 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        |     46699 | NS      | $168583.81    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Templeton Foreign Fund                                 | Templeton Foreign Fund, Class R6                       | CUSIP: 880196878<br>LEI: 549300XGZSBD9O0E1I88 | Long             |  | RF                | US        |    162528 | NS      | $1092186.70   | 3.24%             |  |  |  | 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        |    765270 | NS      | $9106716.76   | 27.00%            |  |  |  | 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        |     32550 | NS      | $1081659.29   | 3.21%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas Securities Corp.                           | BNP Paribas Securities Corp.                           | CUSIP: N/A<br>LEI: 2J5703FH5U5M97R1I237       | Long             | RA               | CORP              | US        |      9232 | PA      | $9232.12      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Franklin Growth Fund                                   | Franklin Growth Fund, Class R6                         | CUSIP: 353496649<br>LEI: 549300HNBBCTK2YQED48 | Long             |  | RF                | US        |     47215 | NS      | $4857944.77   | 14.40%            |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Bank Securities Inc.                          | Deutsche Bank Securities Inc.                          | CUSIP: N/A<br>LEI: 9J6MBOOO7BECTDTUZW19       | Long             | RA               | CORP              | US        |      8459 | PA      | $8459.43      | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Templeton Developing Markets Trust                     | Templeton Developing Markets Trust, Class R6           | CUSIP: 88018W609<br>LEI: 549300ZJC3KUG08IH343 | Long             |  | RF                | US        |     69743 | NS      | $1141699.75   | 3.39%             |  |  |  | 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        |     69048 | NS      | $646284.80    | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares Core MSCI EAFE ETF                             | iShares Core MSCI EAFE ETF                             | CUSIP: 46432F842<br>LEI: 5493009FT582MI7Y3I36 | Long             |  | RF                | US        |     12859 | NS      | $792628.76    | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Securities (USA) Inc.                             | HSBC Securities (USA) Inc.                             | CUSIP: N/A<br>LEI: CYYGQCGNHMHPSMRL3R97       | Long             | RA               | CORP              | US        |     62798 | PA      | $62797.75     | 0.19%             |  |  |  | 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        |     29975 | NS      | $634570.75    | 1.88%             |  |  |  | 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        |     10150 | NS      | $386106.00    | 1.14%             |  |  |  | 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        |    567516 | NS      | $567515.88    | 1.68%             |  |  |  | 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        |     56189 | NS      | $2049216.00   | 6.08%             |  |  |  | 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