0001752724-21-050176.txt : 20210312
0001752724-21-050176.hdr.sgml : 20210312
20210312160015
ACCESSION NUMBER: 0001752724-21-050176
CONFORMED SUBMISSION TYPE: N-CEN
PUBLIC DOCUMENT COUNT: 6
CONFORMED PERIOD OF REPORT: 20201231
FILED AS OF DATE: 20210312
DATE AS OF CHANGE: 20210312
EFFECTIVENESS DATE: 20210312
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: N-CEN
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-07851
FILM NUMBER: 21737305
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
0001022804
S000007239
FRANKLIN CONSERVATIVE ALLOCATION FUND
C000019840
ADVISOR CLASS
FTCZX
C000019841
CLASS A
FTCIX
C000019842
CLASS C
FTCCX
C000019843
CLASS R
FTCRX
C000126011
Class R6
0001022804
S000007240
FRANKLIN COREFOLIO ALLOCATION FUND
C000019844
CLASS A
FTCOX
C000019846
CLASS C
FTCLX
C000019847
CLASS R
C000019848
ADVISOR CLASS
FCAZX
C000194375
Class R6
FTLQX
0001022804
S000007241
FRANKLIN GLOBAL ALLOCATION FUND
C000019849
CLASS A
FFALX
C000019851
CLASS C
FFACX
C000019852
CLASS R
FFARX
C000019853
ADVISOR CLASS
FFAAX
C000194376
Class R6
FFAQX
0001022804
S000007242
FRANKLIN GROWTH ALLOCATION FUND
C000019855
ADVISOR CLASS
FGTZX
C000019856
CLASS A
FGTIX
C000019857
CLASS C
FTGTX
C000019858
CLASS R
FGTRX
C000126012
Class R6
0001022804
S000007243
FRANKLIN MODERATE ALLOCATION FUND
C000019860
ADVISOR CLASS
FMTZX
C000019861
CLASS A
FMTIX
C000019862
CLASS C
FTMTX
C000019863
CLASS R
FTMRX
C000126013
Class R6
0001022804
S000012937
Franklin LifeSmart Retirement Income Fund
C000034925
CLASS A
FTRAX
C000034926
CLASS C
FRTCX
C000034927
CLASS R
FBRLX
C000034928
ADVISOR CLASS
FLRDX
C000126014
Class R6
FLMTX
0001022804
S000012938
Franklin LifeSmart 2025 Retirement Target Fund
C000034929
CLASS A
FTRTX
C000034930
CLASS C
FTTCX
C000034931
CLASS R
FRELX
C000034932
ADVISOR CLASS
FLRFX
C000126015
Class R6
FTLMX
0001022804
S000012939
Franklin LifeSmart 2035 Retirement Target Fund
C000034933
CLASS C
FTRCX
C000034934
CLASS R
FLRGX
C000034935
ADVISOR CLASS
FLRHX
C000034936
CLASS A
FRTAX
C000126016
Class R6
FMTLX
0001022804
S000012940
Franklin LifeSmart 2045 Retirement Target Fund
C000034937
CLASS A
FTTAX
C000034938
CLASS C
FLRIX
C000034939
CLASS R
FLRJX
C000034940
ADVISOR CLASS
FLRLX
C000126017
Class R6
FMLTX
0001022804
S000041337
Franklin LifeSmart 2020 Retirement Target Fund
C000128212
Class A
FLRMX
C000128213
Class C
FLRQX
C000128214
Class R
FLRVX
C000128215
Class R6
FRTSX
C000128216
Advisor Class
FLROX
0001022804
S000041338
Franklin LifeSmart 2030 Retirement Target Fund
C000128217
Advisor Class
FLRZX
C000128218
Class A
FLRSX
C000128219
Class C
FLRTX
C000128220
Class R
FLRWX
C000128221
Class R6
FLERX
0001022804
S000041339
Franklin LifeSmart 2040 Retirement Target Fund
C000128222
Class A
FLADX
C000128223
Class C
FLOLX
C000128224
Class R
FLSGX
C000128225
Class R6
FLREX
C000128226
Advisor Class
FLSHX
0001022804
S000041340
Franklin LifeSmart 2050 Retirement Target Fund
C000128227
Class A
FLSJX
C000128228
Class C
FLSKX
C000128229
Class R
FLSNX
C000128230
Class R6
FRLEX
C000128231
Advisor Class
FLSOX
0001022804
S000049109
Franklin LifeSmart 2055 Retirement Target Fund
C000154867
Class A
FLTFX
C000154868
Class C
FLTNX
C000154869
Class R
FLSBX
C000154870
Class R6
FLSZX
C000154871
Class Advisor
FLTKX
N-CEN
1
primary_doc.xml
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0001022804
XXXXXXXX
811-07851
true
false
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S000007239
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C000019842
C000019840
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C000126011
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C000019855
C000019858
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C000034929
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C000019863
C000019861
C000126013
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C000154870
C000154868
C000154871
C000154869
C000154867
S000012940
C000034940
C000034938
C000034939
C000126017
C000034937
Franklin Fund Allocator Series
811-07851
0001022804
5493009BPYLDNZHEMO31
One Franklin Parkway
San Mateo
94403-1906
US-CA
US
650-312-2000
Franklin Templeton Distributors, Inc.
One Franklin Parkway
San Mateo
94403-1906
650-312-2000
Records related to its functions as Principal underwriter
JPMorgan Chase Bank, N.A.
380 Madison Avenue
New York
10017
212-270-6000
Records relating to its functions as Sub-Administrator and Fund Accounting Agent
The Bank of New York Mellon
111 Sanders Creek Parkway
East Syracuse
13057
855-231-1706
Records related to its functions as Custodian
Franklin Advisers, Inc.
One Franklin Parkway
San Mateo
94403-1906
650-312-2000
Records related to its functions as Investment manager
Franklin Templeton Services, LLC
One Franklin Parkway
San Mateo
94403-1906
650-312-2000
Records related to its functions as Administrative manager
Franklin Templeton Investor Services, LLC
One Franklin Parkway
San Mateo
94403-1906
650-312-2000
Records related to its functions as Transfer agent
N
N
N-1A
25
Y
Larry D. Thompson
N/A
N
Mary C. Choksi
N/A
N
Harris J. Ashton
N/A
N
Edith E. Holiday
N/A
N
Terrence J. Checki
N/A
N
Rupert H. Johnson, Jr.
N/A
Y
J. Michael Luttig
N/A
N
Gregory E. Johnson
N/A
Y
Breda M. Beckerle
N/A
280 Park Avenue
New York
10017
XXXXXX
Y
N
N
N
N
Franklin Templeton Distributors, Inc.
8-5889
000000332
N/A
Y
N
PricewaterhouseCoopers LLP
238
5493002GVO7EO8RNNS37
N
N
N
2020-06-26
Management has adopted a zero-trigger approach for the application of market level fair value.
Equity-common
Mutual Funds
N/A
N
N
Franklin LifeSmart 2050 Retirement Target Fund
S000041340
54930064WJFTYF0DEP50
N
5
Fund of Funds
Target Date Fund
N
N
N
N
N/A
N/A
N/A
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 22d-1 (17 CFR 270.22d-1)
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
Refinitiv US LLC
549300WQWDPFSMQ8I087
N
Bloomberg Finance L.P.
5493001KJTIIGC8Y1R12
N
N
THE BANK OF NEW YORK MELLON
HPFHU0OQ28E4N0NFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
FRANKLIN TEMPLETON INVESTOR SERVICES LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
N
Franklin Templeton Investor Services, LLC
084-01036
SEC File Number
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
Y
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0
Franklin Templeton Distributors, Inc.
8-5889
000000332
N/A
0
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0
Susquehanna Financial Group, LLLP
8-44325
000035865
549300E8QX0ZMRDC2M81
3723.39000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
73.15000000
Sanford C. Bernstein & Co., LLC
8-52942
000104474
549300I7JYZHT7D5CO04
1.12999999
Citadel Securities LLC
8-53574
000116797
12UUJYTN7D3SW8KCSG25
249.38000000
Virtu ITG LLC
8-44218
000029299
549300S41SMIODVIT266
1360.76000000
Mischler Financial Group, Inc.
8-48067
000037818
2549004IPXPSM9EJFC92
429.63000000
Credit Suisse Securities (USA) LLC
8-00422
000000816
1V8Y6QCX6YMJ2OELII46
112.50000000
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
139.38999999
Jane Street Execution Services, LLC
8-69254
000167280
549300HXJLXCPDWAH070
4859.67000000
10949.00000000
BNP PARIBAS SECURITIES CORP
8-32682
000015794
RCNB6OTYUAMMP879YW96
1073895
HSBC SECURITIES (USA) INC
8-41562
000019585
CYYGQCGNHMHPSMRL3R97
400208
DEUTSCHE BANK SECURITIES INC
8-17822
000002525
9J6MBOOO7BECTDTUZW19
342091
1816196
Y
44438493.50999999
Committed
2000000000.00000000
N
N
N
N
Franklin LifeSmart 2035 Retirement Target Fund
S000012939
549300I6H6EMUM44S480
N
5
Fund of Funds
Target Date Fund
N
N
N
N
N/A
N/A
N/A
Rule 22d-1 (17 CFR 270.22d-1)
Rule 32a-4 (17 CFR 270.32a-4)
Rule 12d1-1 (17 CFR 270.12d1-1)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
Bloomberg Finance L.P.
5493001KJTIIGC8Y1R12
N
Refinitiv US LLC
549300WQWDPFSMQ8I087
N
N
Franklin Templeton Investor Services LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
The Bank of New York Mellon
HPFHU0OQ28E4N0NFUK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Franklin Templeton Investor Services, LLC
084-01036
Sec File Number
Y
N
N
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Y
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0
Franklin Templeton Distributors, Inc.
8-5889
000000332
N/A
0
Virtu Americas LLC
8-68193
000149823
549300RA02N3BNSWBV74
1534.60000000
Mischler Financial Group, Inc.
8-48067
000037818
2549004IPXPSM9EJFC92
1106.00000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
308.14000000
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
185.01999999
Virtu ITG LLC
8-44218
000029299
549300S41SMIODVIT266
7139.26000000
Credit Suisse Securities (USA) LLC
8-00422
000000816
1V8Y6QCX6YMJ2OELII46
865.31999999
Jane Street Execution Services, LLC
8-69254
000167280
549300HXJLXCPDWAH070
22845.09999999
Susquehanna Financial Group, LLLP
8-44325
000035865
549300E8QX0ZMRDC2M81
14349.49999999
Citadel Securities LLC
8-53574
000116797
12UUJYTN7D3SW8KCSG25
730.19000000
Cowen Execution Services LLC
8-46838
000035693
5493005RJDJD18OPUP27
318.93000000
49393.30999999
BNP PARIBAS SECURITIES CORP
8-32682
000015794
RCNB6OTYUAMMP879YW96
9944711
HSBC SECURITIES (USA) INC
8-41562
000019585
CYYGQCGNHMHPSMRL3R97
3553688
DEUTSCHE BANK SECURITIES INC
8-17822
000002525
9J6MBOOO7BECTDTUZW19
2732729
16231129
Y
127096204.40000001
Committed
2000000000.00000000
N
N
N
N
Franklin Conservative Allocation Fund
S000007239
549300ZTESQD8YCQQX12
N
5
Fund of Funds
N
N
N
N
N/A
N/A
N/A
Rule 22d-1 (17 CFR 270.22d-1)
Rule 32a-4 (17 CFR 270.32a-4)
Rule 12d1-1 (17 CFR 270.12d1-1)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
Refinitiv US LLC
549300WQWDPFSMQ8I087
N
Bloomberg Finance L.P.
5493001KJTIIGC8Y1R12
N
N
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
NL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
UniCredit Bank Austria AG
D1HEB8VEU6D9M8ZUXG17
AT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
IT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of NY Mellon SA/NV Asset Servicing
MMYX0N4ZEZ13Z4XCG897
DE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
SE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Credit Suisse AG
549300CWR0W0BCS9Q144
CH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Hongkong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
TH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
The Hong Kong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
NZ
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Euroclear Bank
N/A
BE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibanamex
2SFFM4FUIE05S37WFU55
MX
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
FI
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
BNP Paribas Securities Services
549300WCGB70D06XZS54
GR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank AG
529900LKVNEX4SG4UD38
PH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
CIBC Mellon Trust Company
549300IYUUH221WBZ505
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Hong Kong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
HK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Standard Bank of South Africa
QFC8ZCW3Q5PRXU1XTM60
ZA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of Tokyo-Mitsubishi UFJ Ltd.
C3GTMMZIHMY46P4OIX74
JP
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
DBS Bank Ltd.
ATUEL7OJR5057F2PV266
SG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
GB
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank Europe Plc
N1FBEDJ5J41VKZLO2475
BE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
IE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank Argentina
E57ODZWZ7FF32TWEFA76
AR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Banco Bilbao Vizcaya Argentaria
K8MS7FD7N5Z2WQ51AZ71
ES
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
DK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The HongKong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
AU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
BNP Paribas Securities Services
549300WCGB70D06XZS54
FR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Franklin Templeton Investor Services, LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
N
Franklin Templeton Investor Services, LLC
084-01036
SEC File Number
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
Y
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0
Franklin Templeton Distributors, Inc.
8-5889
000000332
N/A
0
Jane Street Execution Services, LLC
8-69254
000167280
549300HXJLXCPDWAH070
231062.95000000
Susquehanna Financial Group, LLLP
8-44325
000035865
549300E8QX0ZMRDC2M81
123264.92000000
Virtu ITG LLC
8-44218
000029299
549300S41SMIODVIT266
56555.06000000
Citadel Securities LLC
8-53574
000116797
12UUJYTN7D3SW8KCSG25
4363.19000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
2960.80000000
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
849.23000000
Mischler Financial Group, Inc.
8-48067
000037818
2549004IPXPSM9EJFC92
12111.31000000
Cowen Execution Services LLC
8-46838
000035693
5493005RJDJD18OPUP27
1332.63000000
Credit Suisse Securities (USA) LLC
8-00422
000000816
1V8Y6QCX6YMJ2OELII46
16878.75999999
Virtu Americas LLC
8-68193
000149823
549300RA02N3BNSWBV74
16452.18999999
465831.04000000
HSBC SECURITIES (USA) INC
8-41562
000019585
CYYGQCGNHMHPSMRL3R97
146350561
DEUTSCHE BANK SECURITIES INC
8-17822
000002525
9J6MBOOO7BECTDTUZW19
35109161
BNP PARIBAS SECURITIES CORP
8-32682
000015794
RCNB6OTYUAMMP879YW96
35109161
229242920
Y
1185567299.14000010
Committed
2000000000.00000000
N
N
N
N
Franklin Growth Allocation Fund
S000007242
549300LZSV7O3XTZ3R59
N
5
Fund of Funds
N
N
N
N
N/A
N/A
N/A
Rule 22d-1 (17 CFR 270.22d-1)
Rule 32a-4 (17 CFR 270.32a-4)
Rule 12d1-1 (17 CFR 270.12d1-1)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
Refinitiv US LLC
549300WQWDPFSMQ8I087
N
Bloomberg Finance L.P.
5493001KJTIIGC8Y1R12
N
N
The Bank of NY Mellon SA/NV Asset Servicing
MMYX0N4ZEZ13Z4XCG897
DE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
IT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
FI
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank AG
529900LKVNEX4SG4UD38
PH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Standard Bank of South Africa
QFC8ZCW3Q5PRXU1XTM60
ZA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Euroclear Bank
N/A
BE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
IE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
NL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
BNP Paribas Securities Services
549300WCGB70D06XZS54
FR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of Tokyo-Mitsubishi UFJ Ltd.
C3GTMMZIHMY46P4OIX74
JP
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
GB
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
UniCredit Bank Austria AG
D1HEB8VEU6D9M8ZUXG17
AT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank Europe Plc
N1FBEDJ5J41VKZLO2475
BE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
DBS Bank Ltd.
ATUEL7OJR5057F2PV266
SG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
CIBC Mellon Trust Company
549300IYUUH221WBZ505
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Hong Kong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
HK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
DK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The HongKong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
AU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Franklin Templeton Investor Services, LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
Citibanamex
2SFFM4FUIE05S37WFU55
MX
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Credit Suisse AG
549300CWR0W0BCS9Q144
CH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Hongkong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
TH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Banco Bilbao Vizcaya Argentaria
K8MS7FD7N5Z2WQ51AZ71
ES
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
SE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank Argentina
E57ODZWZ7FF32TWEFA76
AR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
BNP Paribas Securities Services
549300WCGB70D06XZS54
GR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Hong Kong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
NZ
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
N
Franklin Templeton Investor Services, LLC
084-01036
Sec File Number
Y
N
N
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Y
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0
Franklin Templeton Distributors, Inc.
8-5889
000000332
N/A
0
Cowen Execution Services LLC
8-46838
000035693
5493005RJDJD18OPUP27
1437.63000000
Jane Street Execution Services, LLC
8-69254
000167280
549300HXJLXCPDWAH070
165096.84000000
Susquehanna Financial Group, LLLP
8-44325
000035865
549300E8QX0ZMRDC2M81
110280.50999999
Virtu Americas LLC
8-68193
000149823
549300RA02N3BNSWBV74
13968.28000000
Mischler Financial Group, Inc.
8-48067
000037818
2549004IPXPSM9EJFC92
13494.25000000
Virtu ITG LLC
8-44218
000029299
549300S41SMIODVIT266
44577.53999999
Credit Suisse Securities (USA) LLC
8-00422
000000816
1V8Y6QCX6YMJ2OELII46
4112.82000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
2373.15000000
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
1805.63999999
Citadel Securities LLC
8-53574
000116797
12UUJYTN7D3SW8KCSG25
5768.44000000
363039.48000000
BNP PARIBAS SECURITIES CORP
8-32682
000015794
RCNB6OTYUAMMP879YW96
113055805
DEUTSCHE BANK SECURITIES INC
8-17822
000002525
9J6MBOOO7BECTDTUZW19
27121826
HSBC SECURITIES (USA) INC
8-41562
000019585
CYYGQCGNHMHPSMRL3R97
36912518
177090149
Y
1234409137.64000010
Committed
2000000000.00000000
N
N
N
N
Franklin LifeSmart 2040 Retirement Target Fund
S000041339
549300TGLGMFFQ6OWJ29
N
5
Fund of Funds
Target Date Fund
N
N
N
N
N/A
N/A
N/A
Rule 22d-1 (17 CFR 270.22d-1)
Rule 32a-4 (17 CFR 270.32a-4)
Rule 12d1-1 (17 CFR 270.12d1-1)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
Refinitiv US LLC
549300WQWDPFSMQ8I087
N
Bloomberg Finance L.P.
5493001KJTIIGC8Y1R12
N
N
FRANKLIN TEMPLETON INVESTOR SERVICES LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
THE BANK OF NEW YORK MELLON
HPFHU0OQ28E4N0NFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
FRANKLIN TEMPLETON INVESTOR SERVICES, LLC
084-01036
SEC File Number
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
Y
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0
Franklin Templeton Distributors, Inc.
8-5889
000000332
N/A
0
Susquehanna Financial Group, LLLP
8-44325
000035865
549300E8QX0ZMRDC2M81
4419.67000000
Jane Street Execution Services, LLC
8-69254
000167280
549300HXJLXCPDWAH070
6257.63000000
Virtu ITG LLC
8-44218
000029299
549300S41SMIODVIT266
2502.06000000
Virtu Americas LLC
8-68193
000149823
549300RA02N3BNSWBV74
388.71000000
Citadel Securities LLC
8-53574
000116797
12UUJYTN7D3SW8KCSG25
296.19000000
Credit Suisse Securities (USA) LLC
8-00422
000000816
1V8Y6QCX6YMJ2OELII46
51.56000000
Mischler Financial Group, Inc.
8-48067
000037818
2549004IPXPSM9EJFC92
442.75000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
84.38999999
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
79.27999999
Cowen Execution Services LLC
8-46838
000035693
5493005RJDJD18OPUP27
115.94000000
14643.81000000
HSBC SECURITIES (USA) INC
8-41562
000019585
CYYGQCGNHMHPSMRL3R97
648033
BNP PARIBAS SECURITIES CORP
8-32682
000015794
RCNB6OTYUAMMP879YW96
1919145
DEUTSCHE BANK SECURITIES INC
8-17822
000002525
9J6MBOOO7BECTDTUZW19
522269
3089448
Y
50158432.24000000
Committed
2000000000.00000000
N
N
N
N
Franklin Corefolio Allocation Fund
S000007240
549300XTK2PMSEJNWL03
N
5
Fund of Funds
N
N
N
N
N/A
N/A
N/A
Rule 22d-1 (17 CFR 270.22d-1)
Rule 32a-4 (17 CFR 270.32a-4)
Rule 12d1-1 (17 CFR 270.12d1-1)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
N
FRANKLIN TEMPLETON INVESTOR SERVICES LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
THE BANK OF NEW YORK MELLON
HPFHU0OQ28E4N0NFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
FRANKLIN TEMPLETON INVESTOR SERVICES, LLC
084-01036
SEC File Number
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
Y
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0
Franklin Templeton Distributors, Inc.
8-5889
000000332
N/A
0
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0
0
Fiduciary Trust Company International
N/A
N/A
N1YKEWO2IYPRS4742F57
41797898.70000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
10965006.17000000
52762904.87000000
N
819527527.61000001
Committed
2000000000.00000000
N
N
N
N
Franklin LifeSmart Retirement Income Fund
S000012937
549300Y7RTL4JFWBLW93
N
5
Fund of Funds
N
N
N
N
N/A
N/A
N/A
Rule 32a-4 (17 CFR 270.32a-4)
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 22d-1 (17 CFR 270.22d-1)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
Refinitiv US LLC
549300WQWDPFSMQ8I087
N
Bloomberg Finance L.P.
5493001KJTIIGC8Y1R12
N
N
The Bank of New York Mellon
HPFHU0OQ28E4N0NFUK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Franklin Templeton Investor Services LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
N
Franklin Templeton Investor Services, LLC
084-01036
Sec File Number
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
Y
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0
Franklin Templeton Distributors, Inc.
8-5889
000000332
N/A
0
Virtu ITG LLC
8-44218
000029299
549300S41SMIODVIT266
6127.61000000
UBS Securities LLC
8-22651
000007654
T6FIZBDPKLYJKFCRVK44
194.25000000
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
33.87999999
Jane Street Execution Services, LLC
8-69254
000167280
549300HXJLXCPDWAH070
8718.46999999
Mischler Financial Group, Inc.
8-48067
000037818
2549004IPXPSM9EJFC92
318.94000000
Credit Suisse Securities (USA) LLC
8-00422
000000816
1V8Y6QCX6YMJ2OELII46
45.94000000
Virtu Americas LLC
8-68193
000149823
549300RA02N3BNSWBV74
3913.06000000
Cowen Execution Services LLC
8-46838
000035693
5493005RJDJD18OPUP27
487.39000000
Susquehanna Financial Group, LLLP
8-44325
000035865
549300E8QX0ZMRDC2M81
5092.67000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
51.88000000
24984.09000000
BNP PARIBAS SECURITIES CORP
8-32682
000015794
RCNB6OTYUAMMP879YW96
681595
HSBC SECURITIES (USA) INC
8-41562
000019585
CYYGQCGNHMHPSMRL3R97
221518
DEUTSCHE BANK SECURITIES INC
8-17822
000002525
9J6MBOOO7BECTDTUZW19
142124
1045237
Y
51964511.32999999
Committed
2000000000.00000000
N
N
N
N
Franklin Founding Funds Allocation Fund
S000007241
549300R05BQMM0PJVZ25
N
5
Fund of Funds
N
N
N
N
N/A
N/A
N/A
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 22d-1 (17 CFR 270.22d-1)
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
N
FRANKLIN TEMPLETON INVESTOR SERVICES LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
THE BANK OF NEW YORK MELLON
HPFHU0OQ28E4N0NFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
FRANKLIN TEMPLETON INVESTOR SERVICES, LLC
084-01036
SEC File Number
Y
N
N
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Y
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0
Franklin Templeton Distributors, Inc.
8-5889
000000332
N/A
0
0
Fiduciary Trust Company International
N/A
N/A
N1YKEWO2IYPRS4742F57
76367317.75000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
222830739.68000001
299198057.43000001
N
3191524186.54000000
Committed
2000000000.00000000
N
N
N
N
Franklin LifeSmart 2030 Retirement Target Fund
S000041338
549300QZVTYR56VW1065
N
5
Fund of Funds
Target Date Fund
N
N
N
N
N/A
N/A
N/A
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 32a-4 (17 CFR 270.32a-4)
Rule 22d-1 (17 CFR 270.22d-1)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
Refinitiv US LLC
549300WQWDPFSMQ8I087
N
Bloomberg Finance L.P.
5493001KJTIIGC8Y1R12
N
N
FRANKLIN TEMPLETON INVESTOR SERVICES LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
THE BANK OF NEW YORK MELLON
HPFHU0OQ28E4N0NFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Franklin Templeton Investor Services, LLC
084-01036
Sec File Number
Y
N
N
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Y
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0
Franklin Templeton Distributors, Inc.
8-5889
000000332
N/A
0
Jane Street Execution Services, LLC
8-69254
000167280
549300HXJLXCPDWAH070
16739.70999999
Susquehanna Financial Group, LLLP
8-44325
000035865
549300E8QX0ZMRDC2M81
8113.84000000
Credit Suisse Securities (USA) LLC
8-00422
000000816
1V8Y6QCX6YMJ2OELII46
1198.13000000
Cowen Execution Services LLC
8-46838
000035693
5493005RJDJD18OPUP27
181.13000000
Virtu ITG LLC
8-44218
000029299
549300S41SMIODVIT266
7438.93000000
UBS Securities LLC
8-22651
000007654
T6FIZBDPKLYJKFCRVK44
281.57000000
Virtu Americas LLC
8-68193
000149823
549300RA02N3BNSWBV74
1098.69000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
203.67000000
Citadel Securities LLC
8-53574
000116797
12UUJYTN7D3SW8KCSG25
329.88000000
Mischler Financial Group, Inc.
8-48067
000037818
2549004IPXPSM9EJFC92
445.38000000
36142.82000000
HSBC SECURITIES (USA) INC
8-41562
000019585
CYYGQCGNHMHPSMRL3R97
1818271
BNP PARIBAS SECURITIES CORP
8-32682
000015794
RCNB6OTYUAMMP879YW96
5307727
DEUTSCHE BANK SECURITIES INC
8-17822
000002525
9J6MBOOO7BECTDTUZW19
1401490
8527488
Y
61819442.95000000
Committed
2000000000.00000000
N
N
N
N
Franklin LifeSmart 2020 Retirement Target Fund
S000041337
5493007K7XC7TKMPS670
N
5
Fund of Funds
Target Date Fund
N
N
N
N
N/A
N/A
N/A
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 32a-4 (17 CFR 270.32a-4)
Rule 22d-1 (17 CFR 270.22d-1)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
Refinitiv US LLC
549300WQWDPFSMQ8I087
N
Bloomberg Finance L.P.
5493001KJTIIGC8Y1R12
N
N
FRANKLIN TEMPLETON INVESTOR SERVICES LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
THE BANK OF NEW YORK MELLON
HPFHU0OQ28E4N0NFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
FRANKLIN TEMPLETON INVESTOR SERVICES, LLC
084-01036
SEC File Number
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
Y
Franklin Templeton Distributors, Inc.
8-5889
000000332
N/A
0
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0
UBS Securities LLC
8-22651
000007654
T6FIZBDPKLYJKFCRVK44
145.31000000
Jane Street Execution Services, LLC
8-69254
000167280
549300HXJLXCPDWAH070
12180.73999999
Virtu Americas LLC
8-68193
000149823
549300RA02N3BNSWBV74
1184.84999999
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
233.14999999
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
176.26999999
Citadel Securities LLC
8-53574
000116797
12UUJYTN7D3SW8KCSG25
185.07000000
Susquehanna Financial Group, LLLP
8-44325
000035865
549300E8QX0ZMRDC2M81
4477.98000000
Credit Suisse Securities (USA) LLC
8-00422
000000816
1V8Y6QCX6YMJ2OELII46
597.93999999
Virtu ITG LLC
8-44218
000029299
549300S41SMIODVIT266
5137.75000000
Mischler Financial Group, Inc.
8-48067
000037818
2549004IPXPSM9EJFC92
208.25000000
24527.31000000
DEUTSCHE BANK SECURITIES INC
8-17822
000002525
9J6MBOOO7BECTDTUZW19
1301934
BNP PARIBAS SECURITIES CORP
8-32682
000015794
RCNB6OTYUAMMP879YW96
8585967
HSBC SECURITIES (USA) INC
8-41562
000019585
CYYGQCGNHMHPSMRL3R97
1901743
8585967
Y
40380951.64000000
Committed
2000000000.00000000
N
N
N
N
Franklin LifeSmart 2025 Retirement Target Fund
S000012938
5493008D40YZ7G26GX52
N
5
Fund of Funds
Target Date Fund
N
N
N
N
N/A
N/A
N/A
Rule 22d-1 (17 CFR 270.22d-1)
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
Bloomberg Finance L.P.
5493001KJTIIGC8Y1R12
N
Refinitiv US LLC
549300WQWDPFSMQ8I087
N
N
FRANKLIN TEMPLETON INVESTOR SERVICES LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
The Bank of New York Mellon
HPFHU0OQ28E4N0NFUK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Franklin Templeton Investor Services, LLC
084-01036
Sec File Number
Y
N
N
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Y
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0
Franklin Templeton Distributors, Inc.
8-5889
000000332
N/A
0
Susquehanna Financial Group, LLLP
8-44325
000035865
549300E8QX0ZMRDC2M81
16719.55999999
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
460.63000000
Credit Suisse Securities (USA) LLC
8-00422
000000816
1V8Y6QCX6YMJ2OELII46
2585.63000000
Jane Street Execution Services, LLC
8-69254
000167280
549300HXJLXCPDWAH070
36046.43000000
Cowen Execution Services LLC
8-46838
000035693
5493005RJDJD18OPUP27
6.56000000
Virtu ITG LLC
8-44218
000029299
549300S41SMIODVIT266
13560.41000000
Citadel Securities LLC
8-53574
000116797
12UUJYTN7D3SW8KCSG25
673.31999999
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
231.39999999
Virtu Americas LLC
8-68193
000149823
549300RA02N3BNSWBV74
3028.74000000
Mischler Financial Group, Inc.
8-48067
000037818
2549004IPXPSM9EJFC92
745.94000000
74058.62000000
DEUTSCHE BANK SECURITIES INC
8-17822
000002525
9J6MBOOO7BECTDTUZW19
3804828
HSBC SECURITIES (USA) INC
8-41562
000019585
CYYGQCGNHMHPSMRL3R97
5319311
BNP PARIBAS SECURITIES CORP
8-32682
000015794
RCNB6OTYUAMMP879YW96
15542015
24666155
Y
127314118.38000000
Committed
2000000000.00000000
N
N
N
N
Franklin Moderate Allocation Fund
S000007243
549300N3RVYB1HJAT682
N
5
Fund of Funds
N
N
N
N
N/A
N/A
N/A
Rule 22d-1 (17 CFR 270.22d-1)
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
Refinitiv US LLC
549300WQWDPFSMQ8I087
N
Bloomberg Finance L.P.
5493001KJTIIGC8Y1R12
N
N
Citibank Argentina
E57ODZWZ7FF32TWEFA76
AR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of Tokyo-Mitsubishi UFJ Ltd.
C3GTMMZIHMY46P4OIX74
JP
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
BNP Paribas Securities Services
549300WCGB70D06XZS54
FR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Standard Bank of South Africa
QFC8ZCW3Q5PRXU1XTM60
ZA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Franklin Templeton Investor Services, LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
Banco Bilbao Vizcaya Argentaria
K8MS7FD7N5Z2WQ51AZ71
ES
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The HongKong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
AU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
GB
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
FI
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Citibank Europe Plc
N1FBEDJ5J41VKZLO2475
BE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
IT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
CIBC Mellon Trust Company
549300IYUUH221WBZ505
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Hong Kong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
HK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
SE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Euroclear Bank
N/A
BE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Hongkong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
TH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
UniCredit Bank Austria AG
D1HEB8VEU6D9M8ZUXG17
AT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibanamex
2SFFM4FUIE05S37WFU55
MX
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
IE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
DBS Bank Ltd.
ATUEL7OJR5057F2PV266
SG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of NY Mellon SA/NV Asset Servicing
MMYX0N4ZEZ13Z4XCG897
DE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
DK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank AG
529900LKVNEX4SG4UD38
PH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Hong Kong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
NZ
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
BNP Paribas Securities Services
549300WCGB70D06XZS54
GR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
N
Franklin Templeton Investor Services, LLC
084-01036
Sec File Number
Y
N
N
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Y
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0
Franklin Templeton Distributors, Inc.
8-5889
000000332
N/A
0
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0
Virtu ITG LLC
8-44218
000029299
549300S41SMIODVIT266
72748.39999999
Citadel Securities LLC
8-53574
000116797
12UUJYTN7D3SW8KCSG25
8356.68999999
Virtu Americas LLC
8-68193
000149823
549300RA02N3BNSWBV74
43999.38000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
5533.14000000
Cowen Execution Services LLC
8-46838
000035693
5493005RJDJD18OPUP27
4110.32000000
Jane Street Execution Services, LLC
8-69254
000167280
549300HXJLXCPDWAH070
383928.48000000
Susquehanna Financial Group, LLLP
8-44325
000035865
549300E8QX0ZMRDC2M81
210752.44000000
Credit Suisse Securities (USA) LLC
8-00422
000000816
1V8Y6QCX6YMJ2OELII46
14174.06000000
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
970.01000000
Mischler Financial Group, Inc.
8-48067
000037818
2549004IPXPSM9EJFC92
17590.13000000
762319.93000000
HSBC SECURITIES (USA) INC
8-41562
000019585
CYYGQCGNHMHPSMRL3R97
58549734
BNP PARIBAS SECURITIES CORP
8-32682
000015794
RCNB6OTYUAMMP879YW96
169799646
DEUTSCHE BANK SECURITIES INC
8-17822
000002525
9J6MBOOO7BECTDTUZW19
43147488
271496870
Y
1851270145.20000000
Committed
2000000000.00000000
N
N
N
N
Franklin LifeSmart 2055 Retirement Target Fund
S000049109
549300ROOW6K1C9DJW95
N
5
Fund of Funds
Target Date Fund
N
N
N
N
N/A
N/A
N/A
Rule 22d-1 (17 CFR 270.22d-1)
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
Bloomberg Finance L.P.
5493001KJTIIGC8Y1R12
N
Refinitiv US LLC
549300WQWDPFSMQ8I087
N
N
FRANKLIN TEMPLETON INVESTOR SERVICES LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
THE BANK OF NEW YORK MELLON
HPFHU0OQ28E4N0NFUK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
FRANKLIN TEMPLETON INVESTOR SERVICES, LLC
084-01036
Sec File Number
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
Y
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0
Franklin Templeton Distributors, Inc.
8-5889
000000332
N/A
0
Citadel Securities LLC
8-53574
000116797
12UUJYTN7D3SW8KCSG25
124.69000000
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
78.24999999
Mischler Financial Group, Inc.
8-48067
000037818
2549004IPXPSM9EJFC92
209.56000000
UBS Securities LLC
8-22651
000007654
T6FIZBDPKLYJKFCRVK44
34.51999999
Sanford C. Bernstein & Co., LLC
8-52942
000104474
549300I7JYZHT7D5CO04
0.50000000
Jane Street Execution Services, LLC
8-69254
000167280
549300HXJLXCPDWAH070
2826.03000000
Virtu ITG LLC
8-44218
000029299
549300S41SMIODVIT266
883.70999999
Credit Suisse Securities (USA) LLC
8-00422
000000816
1V8Y6QCX6YMJ2OELII46
62.82000000
Susquehanna Financial Group, LLLP
8-44325
000035865
549300E8QX0ZMRDC2M81
1956.76000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
43.79000000
6220.63000000
0
Y
23247852.80999999
Committed
2000000000.00000000
N
N
N
N
Franklin LifeSmart 2045 Retirement Target Fund
S000012940
549300CLLTKGI11DYB24
N
5
Fund of Funds
Target Date Fund
N
N
N
N
N/A
N/A
N/A
Rule 22d-1 (17 CFR 270.22d-1)
Rule 32a-4 (17 CFR 270.32a-4)
Rule 12d1-1 (17 CFR 270.12d1-1)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
Refinitiv US LLC
549300WQWDPFSMQ8I087
N
Bloomberg Finance L.P.
5493001KJTIIGC8Y1R12
N
N
FRANKLIN TEMPLETON INVESTOR SERVICES LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
Franklin Templeton Investor Services, LLC
084-01036
SEC File Number
Y
N
N
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Y
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0
Franklin Templeton Distributors, Inc.
8-5889
000000332
N/A
0
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
124.38000000
Mischler Financial Group, Inc.
8-48067
000037818
2549004IPXPSM9EJFC92
895.56000000
Susquehanna Financial Group, LLLP
8-44325
000035865
549300E8QX0ZMRDC2M81
7315.17999999
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
256.14999999
Credit Suisse Securities (USA) LLC
8-00422
000000816
1V8Y6QCX6YMJ2OELII46
331.87000000
Jane Street Execution Services, LLC
8-69254
000167280
549300HXJLXCPDWAH070
9492.49000000
Virtu ITG LLC
8-44218
000029299
549300S41SMIODVIT266
1599.82000000
UBS Securities LLC
8-22651
000007654
T6FIZBDPKLYJKFCRVK44
243.76000000
Citadel Securities LLC
8-53574
000116797
12UUJYTN7D3SW8KCSG25
542.05999999
20801.27000000
HSBC SECURITIES (USA) INC
8-41562
000019585
CYYGQCGNHMHPSMRL3R97
1253545
DEUTSCHE BANK SECURITIES INC
8-17822
000002525
9J6MBOOO7BECTDTUZW19
1068616
BNP PARIBAS SECURITIES CORP
8-32682
000015794
RCNB6OTYUAMMP879YW96
3602893
5925054
Y
88008106.59000000
Committed
2000000000.00000000
N
N
N
N
false
false
true
false
true
false
INTERNAL CONTROL RPT
2
FFAS_opinion.txt
Report of Independent Registered Public Accounting Firm
To the Board of Trustees of Franklin Fund Allocator Series and
Shareholders of Franklin Conservative Allocation Fund, Franklin
Corefolio Allocation Fund, Franklin Founding Funds Allocation Fund,
Franklin Growth Allocation Fund, Franklin LifeSmartTM Retirement
Income Fund, Franklin LifeSmartTM 2020 Retirement Target Fund,
Franklin LifeSmartTM 2025 Retirement Target Fund, Franklin
LifeSmartTM 2030 Retirement Target Fund, Franklin LifeSmartTM 2035
Retirement Target Fund, Franklin LifeSmartTM 2040 Retirement Target
Fund, Franklin LifeSmartTM 2045 Retirement Target Fund, Franklin
LifeSmartTM 2050 Retirement Target Fund, Franklin LifeSmartTM 2055
Retirement Target Fund and Franklin Moderate Allocation Fund.
In planning and performing our audit of the financial statements of
Franklin Conservative Allocation Fund, Franklin Corefolio Allocation
Fund, Franklin Founding Funds Allocation Fund, Franklin Growth
Allocation Fund, Franklin LifeSmartTM Retirement Income Fund,
Franklin LifeSmartTM 2020 Retirement Target Fund, Franklin
LifeSmartTM 2025 Retirement Target Fund, Franklin LifeSmartTM 2030
Retirement Target Fund, Franklin LifeSmartTM 2035 Retirement Target
Fund, Franklin LifeSmartTM 2040 Retirement Target Fund, Franklin
LifeSmartTM 2045 Retirement Target Fund, Franklin LifeSmartTM 2050
Retirement Target Fund, Franklin LifeSmartTM 2055 Retirement Target
Fund and Franklin Moderate Allocation Fund (fourteen of the funds
constituting Franklin Fund Allocator Series, hereafter collectively
referred to as the ?Funds?) as of and for the year ended December 31,
2020, in accordance with the standards of the Public Company
Accounting Oversight Board (United States) (PCAOB), we considered the
Funds? internal control over financial reporting, including controls over
safeguarding securities, as a basis for designing our auditing procedures
for the purpose of expressing our opinion on the financial statements and
to comply with the requirements of Form N-CEN, but not for the purpose
of expressing an opinion on the effectiveness of the Funds? internal
control over financial reporting. Accordingly, we do not express an
opinion on the effectiveness of the Funds' internal control over financial
reporting.
The management of the Funds is responsible for establishing and
maintaining effective internal control over financial reporting. In
fulfilling this responsibility, estimates and judgments by management
are required to assess the expected benefits and related costs of controls.
A company?s internal control over financial reporting is a process
designed to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for
external purposes in accordance with generally accepted accounting
principles. A company?s internal control over financial reporting includes
those policies and procedures that (1) pertain to the maintenance of
records that, in reasonable detail, accurately and fairly reflect the
transactions and dispositions of the assets of the company; (2) provide
reasonable assurance that transactions are recorded as necessary to
permit preparation of financial statements in accordance with generally
accepted accounting principles, and that receipts and expenditures of the
company are being made only in accordance with authorizations of
management and directors of the company; and (3) provide reasonable
assurance regarding prevention or timely detection of unauthorized
acquisition, use or disposition of a company?s assets that could have a
material effect on the financial statements.
Because of its inherent limitations, internal control over financial
reporting may not prevent or detect misstatements. Also, projections of
any evaluation of effectiveness to future periods are subject to the risk
that controls may become inadequate because of changes in conditions,
or that the degree of compliance with the policies or procedures may
deteriorate.
A deficiency in internal control over financial reporting exists when the
design or operation of a control does not allow management or
employees, in the normal course of performing their assigned functions,
to prevent or detect misstatements on a timely basis. A material
weakness is a deficiency, or a combination of deficiencies, in internal
control over financial reporting, such that there is a reasonable
possibility that a material misstatement of the company?s annual or
interim financial statements will not be prevented or detected on a timely
basis.
Our consideration of the Funds? internal control over financial reporting
was for the limited purpose described in the first paragraph and would
not necessarily disclose all deficiencies in internal control over financial
reporting that might be material weaknesses under standards established
by the PCAOB. However, we noted no deficiencies in the Funds? internal
control over financial reporting and its operation, including controls over
safeguarding securities, that we consider to be a material weakness as
defined above as of December 31, 2020.
This report is intended solely for the information and use of the Board of
Trustees of Franklin Fund Allocator Series and the Securities and
Exchange Commission and is not intended to be and should not be used
by anyone other than these specified parties.
/s/PricewaterhouseCoopers LLP
San Francisco, California
February 19, 2021
1
1
EXEMPT ORDER INFO
3
IC-33117.txt
UNITED STATES OF AMERICA
BEFORE THE
SECURITIES AND EXCHANGE COMMISSION
INVESTMENT COMPANY ACT OF 1940
Release No. 33117 / June 5, 2018
__________________________________________________________________
In the Matter of :
:
FRANKLIN ALTERNATIVE STRATEGIES FUNDS :
FRANKLIN CALIFORNIA TAX-FREE INCOME FUND :
FRANKLIN CALIFORNIA TAX-FREE TRUST :
FRANKLIN CUSTODIAN FUNDS :
FRANKLIN ETF TRUST :
FRANKLIN FEDERAL TAX-FREE INCOME FUND :
FRANKLIN FLOATING RATE MASTER TRUST :
FRANKLIN FUND ALLOCATOR SERIES :
FRANKLIN GLOBAL TRUST :
FRANKLIN GOLD AND PRECIOUS METALS FUND :
FRANKLIN HIGH INCOME TRUST :
FRANKLIN INVESTORS SECURITIES TRUST :
FRANKLIN MANAGED TRUST :
FRANKLIN U.S. GOVERNMENT MONEY FUND :
FRANKLIN MUNICIPAL SECURITIES TRUST :
FRANKLIN MUTUAL SERIES FUNDS :
FRANKLIN NEW YORK TAX-FREE INCOME FUND :
FRANKLIN NEW YORK TAX-FREE TRUST :
FRANKLIN REAL ESTATE SECURITIES TRUST :
FRANKLIN STRATEGIC MORTGAGE PORTFOLIO :
FRANKLIN STRATEGIC SERIES :
FRANKLIN TAX-FREE TRUST :
FRANKLIN TEMPLETON ETF TRUST :
FRANKLIN TEMPLETON GLOBAL TRUST :
FRANKLIN TEMPLETON INTERNATIONAL TRUST :
FRANKLIN TEMPLETON MONEY FUND TRUST :
FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST :
FRANKLIN VALUE INVESTORS TRUST :
INSTITUTIONAL FIDUCIARY TRUST :
TEMPLETON CHINA WORLD FUND :
TEMPLETON DEVELOPING MARKETS TRUST :
TEMPLETON FUNDS :
TEMPLETON GLOBAL INVESTMENT TRUST :
TEMPLETON GLOBAL OPPORTUNITIES TRUST :
TEMPLETON GLOBAL SMALLER COMPANIES FUND :
TEMPLETON GROWTH FUND, INC. :
TEMPLETON INCOME TRUST :
TEMPLETON INSTITUTIONAL FUNDS :
THE MONEY MARKET PORTFOLIOS :
FRANKLIN LIMITED DURATION INCOME TRUST :
2
FRANKLIN UNIVERSAL TRUST :
TEMPLETON DRAGON FUND, INC. :
TEMPLETON EMERGING MARKETS FUND :
TEMPLETON EMERGING MARKETS INCOME FUND :
TEMPLETON GLOBAL INCOME FUND :
FRANKLIN ADVISERS, INC. :
FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED :
K2/D&S MANAGEMENT CO., L.L.C. :
FASA LLC :
FRANKLIN TEMPLETON INSTITUTIONAL, LLC :
FRANKLIN ADVISORY SERVICES, LLC :
FRANKLIN MUTUAL ADVISERS, LLC :
TEMPLETON INVESTMENT COUNSEL, LLC :
TEMPLETON ASSET MANAGEMENT LTD. :
TEMPLETON GLOBAL ADVISORS LIMITED :
:
One Franklin Parkway :
San Mateo, CA 94403 :
:
(812-14819) :
__________________________________________________________________:
ORDER UNDER SECTION 6(c) OF THE INVESTMENT COMPANY ACT OF 1940
GRANTING AN EXEMPTION FROM SECTIONS 18(f) AND 21(b) OF THE ACT;
UNDER
SECTION 12(d)(1)(J) OF THE ACT GRANTING AN EXEMPTION FROM SECTION
12(d)(1) OF THE ACT; UNDER SECTIONS 6(c) AND 17(b) OF THE ACT
GRANTING AN
EXEMPTION FROM SECTIONS 17(a)(1), 17(a)(2), AND 17(a)(3) OF THE
ACT; AND
UNDER SECTION 17(d) OF THE ACT AND RULE 17d-1 UNDER THE ACT TO
PERMIT
CERTAIN JOINT ARRANGEMENTS AND TRANSACTIONS
Franklin Alternative Strategies Funds, Franklin California Tax-Free
Income Fund, Franklin
California Tax-Free Trust, Franklin Custodian Funds, Franklin ETF
Trust, Franklin Federal Tax-
Free Income Fund, Franklin Floating Rate Master Trust, Franklin Fund
Allocator Series, Franklin
Global Trust, Franklin Gold and Precious Metals Fund, Franklin High
Income Trust, Franklin
Investors Securities Trust, Franklin Managed Trust, Franklin U.S.
Government Money Fund,
Franklin Municipal Securities Trust, Franklin Mutual Series Funds,
Franklin New York Tax-Free
Income Fund, Franklin New York Tax-Free Trust, Franklin Real Estate
Securities Trust, Franklin
Strategic Mortgage Portfolio, Franklin Strategic Series, Franklin
Tax-Free Trust, Franklin
Templeton ETF Trust, Franklin Templeton Global Trust, Franklin
Templeton International Trust,
Franklin Templeton Money Fund Trust, Franklin Templeton Variable
Insurance Products Trust,
Franklin Value Investors Trust, Institutional Fiduciary Trust,
Templeton China World Fund,
Templeton Developing Markets Trust, Templeton Funds, Templeton
Global Investment Trust,
Templeton Global Opportunities Trust, Templeton Global Smaller
Companies Fund, Templeton
Growth Fund, Inc., Templeton Income Trust, Templeton Institutional
Funds, The Money Market
Portfolios, Franklin Limited Duration Income Trust, Franklin
Universal Trust, Templeton Dragon
Fund, Inc., Templeton Emerging Markets Fund, Templeton Emerging
Markets Income Fund, and
Templeton Global Income Fund, Franklin Advisers, Inc., Franklin
Templeton Investment
Management Limited, K2/D&S Management Co., L.L.C., FASA LLC,
Franklin Templeton
Institutional, LLC, Franklin Advisory Services, LLC, Franklin
Mutual Advisers, LLC, Templeton
3
Investment Counsel, LLC, Templeton Asset Management Ltd., and
Templeton Global Advisors
Limited filed an application on September 14, 2017, and an
amendment on March 9, 2018.
Applicants requested an order under section 6(c) of the Investment
Company Act of 1940 (the
"Act") for an exemption from sections 18(f) and 21(b) of the Act,
under section 12(d)(1)(J) of
the Act for an exemption from section 12(d)(1) of the Act, under
sections 6(c) and 17(b) of the
Act for an exemption from sections 17(a)(1), 17(a)(2), and 17(a)(3)
of the Act, and under section
17(d) of the Act and rule 17d-1 under the Act to permit certain
joint arrangements and
transactions. The order supersedes a prior order1 and permits
certain registered management
investment companies to participate in a joint lending and
borrowing facility.
On May 10, 2018, a notice of the filing of the application was
issued (Investment Company Act
Release No. 33095). The notice gave interested persons an
opportunity to request a hearing and
stated that an order disposing of the application would be issued
unless a hearing was ordered.
No request for a hearing has been filed, and the Commission has
not ordered a hearing.
The matter has been considered and it is found, on the basis of
the information set forth in the
application, as amended, that granting the requested exemption
is consistent with and appropriate
in the public interest, and consistent with the protection of
investors and the purposes fairly
intended by the policy and provisions of the Act.
It is also found that the terms of the proposed transactions,
including the consideration to be paid
or received, are reasonable and fair and do not involve
overreaching on the part of any person
concerned, and that the proposed transactions are consistent
with the policy of each registered
investment company concerned and the general purposes of the
Act.
It is further found that the participation of each registered
investment company in the proposed
credit facility is consistent with the provisions, policies,
and purposes of the Act, and not on a
basis different from or less advantageous than that of other
participants.
Accordingly, in the matter of Franklin Alternative Strategies
Funds, et al., (File No. 812-14819),
IT IS ORDERED, under section 6(c) of the Act, that the requested
exemptions from sections
18(f) and 21(b) of the Act are granted, effective immediately,
subject to the conditions in the
application, as amended.
IT IS FURTHER ORDERED, under section 12(d)(1)(J) of the Act,
that the requested exemption
from section 12(d)(1) of the Act is granted, effective immediately,
subject to the conditions in
the application, as amended.
IT IS FURTHER ORDERED, under sections 6(c) and 17(b) of the Act,
that the requested
exemptions from sections 17(a)(1), 17(a)(2), and 17(a)(3) of the
Act are granted, effective
immediately, subject to the conditions in the application, as
amended.
1 Franklin Gold Fund, et al., Investment Company Act Release Nos.
24016 (Sept. 16, 1999) (notice) and
24080 (Oct. 13, 1999) (order).
4
IT IS FURTHER ORDERED, under section 17(d) of the Act and rule
17d-1 under the Act, that
the proposed transactions are approved, effective immediately,
subject to the conditions in the
application, as amended.
For the Commission, by the Division of Investment Management,
under delegated authority.
Eduardo A. Aleman
Assistant Secretary
EXEMPT ORDER INFO
4
IC-30698.txt
UNITED STATES OF AMERICA
BEFORE THE
SECURITIES AND EXCHANGE COMMISSION
INVESTMENT COMPANY ACT OF 1940 Release No. 30698 / September 24,
2013
In the Matter of
FRANKLIN TEMPLETON INTERNATIONAL TRUST FRANKLIN TEMPLETON VARIABLE
INSURANCE PRODUCTS
TRUST
TEMPLETON INCOME TRUST
TEMPLETON GLOBAL INVESTMENT TRUST FRANKLIN ALTERNATIVE STRATEGIES
FUNDS
K2/D&S MANAGEMENT CO., L.L.C. TEMPLETON ASSET MANAGEMENT LTD.
FRANKLIN ADVISERS, INC. One Franklin Parkway
San Mateo, CA 94403-1906
(File No. 812-14167)
ORDER UNDER SECTION 6(c) OF THE INVESTMENT COMPANY ACT OF 1940
GRANTING AN EXEMPTION FROM SECTION 15(a) OF THE ACT AND RULE 18f-2
UNDER THE ACT AND CERTAIN DISCLOSURE REQUIREMENTS
Franklin Templeton International Trust, Franklin Templeton Variable
Insurance Products Trust,
Templeton Income Trust, Templeton Global Investment Trust, Franklin
Alternative Strategies
Funds, K2/D&S Management Co., L.L.C., Templeton Asset Management
Ltd., and Franklin
Advisers, Inc. filed an application on June 13, 2013, and an
amendment
to the application on
August 27, 2013, requesting an order under section 6(c) of the
Investment Company Act of 1940
(the "Act") for an exemption from section 15(a) of the Act and
rule 18f-2 under the Act, as well
as from certain disclosure requirements. The order supersedes a
prior order1 and permits
applicants to enter into and materially amend subadvisory agreements
without shareholder
approval and also grants relief from certain disclosure
requirements.
1 Franklin Advisers, Inc. and Franklin Templeton International
Trust, Investment Company Act Release Nos.
30105 (Jun. 18, 2012) (notice) and 30138 (Jul. 17, 2012) (order).
2
On August 27, 2013, a notice of the filing of the application was
issued (Investment Company
Act Release No. 30679. The notice gave interested persons an
opportunity to request a hearing
and stated that an order granting the application would be issued
unless a hearing was ordered.
No request for a hearing has been filed, and the Commission has
not ordered a hearing.
The matter has been considered and it is found, on the basis of
the information set forth in the
application, as amended, that granting the requested exemption is
appropriate in the public
interest and consistent with the protection of investors and the
purposes fairly intended by the
policy and provisions of the Act.
Accordingly,
IT IS ORDERED, under section 6(c) of the Act, that the relief
requested by Franklin Templeton
International Trust, et al. (File No. 812-14167) is granted,
effective immediately, subject to the
conditions contained in the application, as amended.
For the Commission, by the Division of Investment Management,
under delegated authority.
Kevin M. O'Neill
Deputy Secretary
EXEMPT ORDER INFO
5
IC-32722.txt
UNITED STATES OF AMERICA
BEFORE THE
SECURITIES AND EXCHANGE COMMISSION
INVESTMENT COMPANY ACT OF 1940
Release no. 32722/July 3, 2017
________________________________________________
In the Matter of :
:
Franklin Fund Allocator Series :
Franklin Advisers, Inc. :
Franklin Templeton Distributors, Inc. :
:
One Franklin Parkway :
San Mateo, CA 94403 :
:
(812-14611) :
________________________________________________:
ORDER UNDER SECTION 12(d)(1)(J) OF THE INVESTMENT COMPANY ACT OF
1940 GRANTING AN EXEMPTION FROM SECTIONS 12(d)(1)(A), (B), AND
(C) OF THE ACT, UNDER SECTIONS 6(c) AND 17(b) OF THE ACT
GRANTING AN EXEMPTION FROM SECTION 17(a) OF THE ACT, AND UNDER
SECTION 6(C) OF THE ACT FOR AN EXEMPTION FROM RULE 12d1-2(a)
UNDER THE ACT
Franklin Fund Allocator Series, Franklin Advisers, Inc., and
Franklin Templeton Distributors, Inc. filed an application
on February 9, 2016, and an amendment to the application on
May 23, 2017, requesting an order under section 12(d)(1)(J)
of the Investment Company Act of 1940 (the "Act") granting
an exemption from sections 12(d)(1)(A), (B), and (C) of the
Act, under sections 6(c) and 17(b) of the Act granting an
exemption from section 17(a) of the Act, and under section
6(c) of the Act for an exemption from rule 12d1-2(a) under
the Act. The order would permit (a) certain registered open-end
management investment companies that operate as "funds of funds"
to acquire shares of certain registered open-end management
investment companies, registered closed-end management investment
companies, "business development companies," as defined by section
2(a)(48) of the Act, and registered unit investment trusts that
are within and outside the same group of investment companies as
the acquiring investment companies and (b) certain registered
open-end management investment companies relying on rule 12d1-2
under the Act to invest in certain financial instruments.
On June 5, 2017, a notice of the filing of the application was
issued (Investment Company Act Release No. 32669). The notice
gave interested persons an opportunity to request a hearing
and stated that an order granting the application would be
issued unless a hearing was ordered. No request for a hearing
has been filed, and the Commission has not ordered a hearing.
2
The matter has been considered and it is found, on the basis
of the information set forth in the application, as amended,
that granting the requested exemption is appropriate in and
consistent with the public interest and consistent with the
protection of investors and the purposes fairly intended by
the policy and provisions of the Act.
It is also found that the terms of the proposed transactions
are reasonable and fair and do not involve overreaching, and
the proposed transactions are consistent with the policies of
each registered investment company concerned and with the
general purposes of the Act.
Accordingly,
IT IS ORDERED, that the relief requested under section 12(d)(1)(J)
of the Act from sections 12(d)(1)(A), (B), and (C) of the Act,
under sections 6(c) and 17(b) of the Act from section 17(a) of
the Act, and under section 6(c) of the Act for an exemption from
rule 12d1-2(a) under the Act by Franklin Fund Allocator Series,
et al. (File No. 812-14611) is granted, effective immediately,
subject to the conditions contained in the application, as amended.
For the Commission, by the Division of Investment Management,
under delegated authority.
Eduardo Aleman
Assistant Secretary
EXEMPT ORDER INFO
6
IC-15534.txt
SEC Releases, In the Matter of Age High Income Fund, Inc., et al.,
777 Mariners Island Boulevard, San Mateo, CA 94404, Securities and
Exchange Commission, (Jan. 13, 1987)
SEC Releases
Click to open document in a browser
37 SEC-DOCKET 569-02
Release No. IC-15534
File No. 812-6505
January 13, 1987
ORDER PERMITTING JOINT TRADING ACCOUNTS
AGE High Income Fund, Inc; Birr, Wilson Money Fund; Franklin
California Tax-Free Income Fund, Inc.; Franklin New York Tax-Free
Income Fund, Inc; Franklin California Tax-Free Trust; Franklin
Tax-Free Trust; Franklin Corporate Cash Management Fund; Franklin
Custodian Funds, Inc; Franklin Equity Fund; Franklin Federal Money
Fund; Franklin Federal Tax-Free Income Fund; Franklin Gold Fund;
Franklin Money Fund; Franklin Option Fund; Franklin Tax-Exempt Money
Fund; Franklin New York Tax-Exempt Money Fund; Franklin
Pennsylvania Investors Fund; and Institutional Fiduciary Trust
("Funds") and Franklin Advisers, Inc., filed an application on
October 17, 1986, and an amendment thereto on November 24,
1986, requesting an order of the Commission under Section 17(d)
of the Investment Company Act of 1940 ("Act") and Rule 17d-1
thereunder to permit the Funds, as well as future investment
companies for which subsidiaries or affiliates of Franklin
Resources, Inc. serve as investment managers, to deposit
their cash balances remaining uninvested at the end of each
trading day into a single joint account whose daily balance
would be used to enter into one or more repurchase agreements
in a total amount equal to the aggregate daily balance in
the account ("Joint Accounts").
On December 17, 1986, a notice was issued (Investment Company
Act Release No. 15485) of the filing of the application. The
notice gave interested persons an opportunity to request a
hearing and stated that an order disposing of the application
would be issued as of course unless a hearing should be ordered.
No request for a hearing has been filed, and the Commission has
not ordered a hearing.
The matter having been considered, it is found that the
participation of the Funds in the Joint Accounts is consistent
with the provisions, policies and purposes of the Act and that
their participation in the Joint Accounts is not on a basis less
advantageous than that of any other participant. Accordingly,
IT IS ORDERED, pursuant to Section 17(d) of the Act and Rule 17d-1
thereunder that the application to permit the Funds to participate
in the Joint Accounts as described in the application, be, and
hereby is granted, effective forthwith.
For the Commission, by the Division of Investment Management,
under delegated authority.
Jonathan G. Katz
Secretary