# Franklin LifeSmart 2020 Retirement Target Fund

Franklin LifeSmart 2020 Retirement Target Fund is a registered fund series of Franklin Fund Allocator Series (series S000041337). Net assets $25.1M as of 2026-03-31.

## Profile

- Series ID: S000041337
- Registrant: Franklin Fund Allocator Series
- LEI: 5493007K7XC7TKMPS670
- Net assets: $25.1M
- Total assets: $25.2M
- As of: 2026-03-31
- Type: Fund of funds

## Advisers

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

## Top holdings (22 reported)

_Showing 15 of 22 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| [Franklin U.S. Core Bond ETF](https://search.stillhousedata.com/security/35473P553) | — | $5.8M | 2313.37% |
| [Franklin U.S. Core Equity (IU) Fund](https://search.stillhousedata.com/security/35473A614) | — | $3.5M | 1404.13% |
| [Franklin Investment Grade Corporate ETF](https://search.stillhousedata.com/security/35473P603) | — | $2.7M | 1080.04% |
| [Franklin U.S. Treasury Bond ETF](https://search.stillhousedata.com/security/35473P488) | — | $2.5M | 1005.49% |
| [Franklin International Core Equity (IU) Fund](https://search.stillhousedata.com/security/35473A580) | — | $1.4M | 552.23% |
| [Franklin High Yield Corporate ETF](https://search.stillhousedata.com/security/35473P629) | — | $984K | 391.44% |
| [Putnam Large Cap Value Fund](https://search.stillhousedata.com/security/746745801) | — | $960K | 381.96% |
| [BrandywineGLOBAL - Global Opportunities Bond Fund](https://search.stillhousedata.com/security/524686318) | — | $914K | 363.67% |
| [Franklin Growth Fund](https://search.stillhousedata.com/security/353496649) | — | $906K | 360.51% |
| [Franklin Institutional U.S. Government Money Market Fund](https://search.stillhousedata.com/security/457756500) | — | $776K | 308.89% |
| [Franklin Emerging Market Core Equity (IU) Fund](https://search.stillhousedata.com/security/35473A598) | — | $743K | 295.52% |
| [Franklin U.S. Large Cap Multifactor Index ETF](https://search.stillhousedata.com/security/35473P801) | — | $734K | 292.02% |
| [Franklin FTSE Japan ETF](https://search.stillhousedata.com/security/35473P744) | — | $612K | 243.59% |
| [Templeton Developing Markets Trust](https://search.stillhousedata.com/security/88018W609) | — | $567K | 225.52% |
| [Putnam Large Cap Growth Fund](https://search.stillhousedata.com/security/74680A208) | — | $523K | 208.12% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-03-31 | $25.1M |
| 2025-12-31 | $25.7M |
| 2025-09-30 | $25.8M |
| 2025-06-30 | $25.3M |
| 2025-03-31 | $24.9M |
| 2024-12-31 | $25.4M |
| 2024-09-30 | $26.6M |
| 2024-06-30 | $27.3M |

## More

- [Registrant: Franklin Fund Allocator Series](https://search.stillhousedata.com/registrant/1022804)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000041337.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.