# Franklin LifeSmart 2045 Retirement Target Fund

Franklin LifeSmart 2045 Retirement Target Fund is a registered fund series of Franklin Fund Allocator Series (series S000012940). Net assets $120.5M as of 2026-03-31.

## Profile

- Series ID: S000012940
- Registrant: Franklin Fund Allocator Series
- LEI: 549300CLLTKGI11DYB24
- Net assets: $120.5M
- Total assets: $120.6M
- As of: 2026-03-31
- Type: Fund of funds

## Advisers

- [Franklin Advisers, Inc. (Advisor)](https://search.stillhousedata.com/firm/104517)

## Top holdings (17 reported)

_Showing 15 of 17 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [Franklin U.S. Core Equity (IU) Fund](https://search.stillhousedata.com/security/35473A614) | — | $25.5M | 2115.01% |
| [Franklin International Core Equity (IU) Fund](https://search.stillhousedata.com/security/35473A580) | — | $13.5M | 1117.67% |
| [Franklin U.S. Core Bond ETF](https://search.stillhousedata.com/security/35473P553) | — | $11.4M | 949.60% |
| [Franklin U.S. Equity Index ETF](https://search.stillhousedata.com/security/35473P405) | — | $11.1M | 918.55% |
| [Putnam Large Cap Value Fund](https://search.stillhousedata.com/security/746745801) | — | $9.3M | 773.03% |
| [Franklin Growth Fund](https://search.stillhousedata.com/security/353496649) | — | $8.8M | 729.62% |
| [Franklin Emerging Market Core Equity (IU) Fund](https://search.stillhousedata.com/security/35473A598) | — | $7.2M | 597.94% |
| [Franklin U.S. Large Cap Multifactor Index ETF](https://search.stillhousedata.com/security/35473P801) | — | $7.1M | 591.26% |
| [Franklin FTSE Japan ETF](https://search.stillhousedata.com/security/35473P744) | — | $5.9M | 493.31% |
| [Templeton Developing Markets Trust](https://search.stillhousedata.com/security/88018W609) | — | $5.5M | 456.34% |
| [Putnam Large Cap Growth Fund](https://search.stillhousedata.com/security/74680A208) | — | $5.1M | 421.20% |
| [Franklin Institutional U.S. Government Money Market Fund](https://search.stillhousedata.com/security/457756500) | — | $3.6M | 301.35% |
| [Templeton Foreign Fund](https://search.stillhousedata.com/security/880196878) | — | $2.4M | 195.26% |
| [ClearBridge International Growth Fund](https://search.stillhousedata.com/security/52471E258) | — | $1.4M | 115.65% |
| [Franklin Systematic Style Premia ETF](https://search.stillhousedata.com/security/35473P546) | — | $1.3M | 105.39% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-03-31 | $120.5M |
| 2025-12-31 | $122.3M |
| 2025-09-30 | $119.3M |
| 2025-06-30 | $111.7M |
| 2025-03-31 | $103.2M |
| 2024-12-31 | $103.6M |
| 2024-09-30 | $104.7M |
| 2024-06-30 | $100.0M |

## More

- [Registrant: Franklin Fund Allocator Series](https://search.stillhousedata.com/registrant/1022804)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000012940.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.