NAV 1
$16.15
Overall Morningstar Rating
Rating Category: Moderate Allocation
The fund's overall Morningstar Rating measures risk-adjusted returns and is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) rating metrics.
Morningstar Style Box
Source: Morningstar®. The style box reveals a fund's investment style. For equity funds, the vertical axis shows the market capitalization of the long stocks owned, and the horizontal axis shows the investment style (value, blend, or growth). For fixed income funds, the vertical axis shows the credit quality based on credit ratings and the horizontal axis shows interest-rate sensitivity as measured by effective duration. Placement is determined by fund portfolio holding figures most recently entered into Morningstar's database and corresponding market conditions. Shaded areas show the past 3 years of quarterly data. Past performance does not guarantee future results.
Historical Morningstar Ratings
| Years | 3 |
| Ratings | |
| Number of Funds In Category | 278 |
| Years | 5 |
| Ratings | |
| Number of Funds In Category | 266 |
| Years | 10 |
| Ratings | |
| Number of Funds In Category | 214 |
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This fund was liquidated at the close of market on October 17, 2025.
Overview
Documents
Regulatory Documents
Statement of Additional Information - Franklin Templeton Variable Insurance Products
Mailed hardcopies unavailable.
Prospectus - Franklin Templeton Variable Insurance Products
Fiscal Q3 Holdings - Franklin Templeton Variable Insurance Products
Mailed hardcopies unavailable.
Fiscal Q1 Holdings - Franklin Templeton Variable Insurance Products
Mailed hardcopies unavailable.
Summary Prospectus - Franklin Managed Volatility Global Allocation Fund VIP
Mailed hardcopies unavailable.
Semi-Annual Report - Franklin VolSmart Allocation VIP Fund - Class 2
Mailed hardcopies unavailable.
Semi-Annual Financial Statements and Other Information - Franklin VolSmart Allocation VIP Fund
Mailed hardcopies unavailable.
Annual Report - Franklin VolSmart Allocation VIP Fund - Class 2
Mailed hardcopies unavailable.
Annual Financial Statements and Other Information - Franklin VolSmart Allocation VIP Fund
Mailed hardcopies unavailable.
Important Information
Most funds offer multiple share classes. Share classes are subject to different fees and expenses, which will affect their performance.
Certain share classes are only offered to eligible investors as stated in the prospectus. Different minimums may apply to clients of certain service agents. All classes of shares are not available through all distribution channels. See the Fund's prospectus for additional information.
Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliated companies. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the funds are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
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Important data provider notices and terms available at www.franklintempletondatasources.com.
Performance data quoted represents past performance, which does not guarantee future results.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
Investors should carefully consider a fund's investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.
The Bloomberg US Aggregate Index is comprised of investment-grade, U.S. dollar-denominated government, corporate, and mortgage- and asset-backed issues having at least one year to maturity.
Source: Bloomberg Indices.
The S&P 500 Index features 500 leading U.S. publicly traded companies, with a primary emphasis on market capitalization.
Source: © S&P Dow Jones Indices LLC. All rights reserved.
Footnotes
Net Asset Value - the amount per share you would receive if you sold shares that day. NAV Change indicates a change in the Net Asset Value from the previous business day.