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Managed Fund Since 2019
Multi-Asset
Franklin Allocation VIP Fund
Popular Documents
Total Net Assets
$557.68M
As of 11/30/2025 (Updated Monthly)
Overview
Fund Facts
Fund description
The fund seeks capital appreciation, with income as a secondary goal. The fund seeks to achieve its investment goals by allocating its assets among the broad asset classes of equity and fixed income investments through a variety of investment strategies or "sleeves" managed by the investment manager or its affiliates.
- Benchmark
2 - Linked Allocation VIP Fund Benchmark
- Fund Inception Date
- 07/02/2007
- Share Class Inception Date
- 07/02/2007
Identifiers
- Ticker
- —
- Fund Number
- 783
- CUSIP Code
- 355150236
- Bloomberg Code
- —
Top Asset Allocation
As of 11/30/2025 % of Total (Updated Monthly)
Equity61.72% | |
Fixed Income38.13% | |
Cash & Cash Equivalents0.15% |
Additional Fund Info
- Asset Class
- Multi-Asset
- Additional Benchmark
- S&P 500 Index
- Morningstar Category
5 - Moderate Allocation
- Lipper Classification
- Mixed-Asset Target Allocation Growth Funds
- Investment Style
- Asset Allocation
Manager and Commentary
About the Team
Franklin Templeton Investment Solutions
Franklin Templeton Investment Solutions (FTIS) is a leader in multi-asset, quantitative, and hedged solutions, leveraging a global network of investment teams to offer innovative and diversified strategies. With a focus on long-term investing, we combine deep research, active management, and data-driven insights to create solutions which seek to meet the evolving needs of investors worldwide.
Franklin Templeton Investment Solutions
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Managed Fund Since 2025
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Managed Fund Since 2022
Latest Insights
December 8, 2025
October 13, 2025
July 17, 2025
Portfolio
Assets
As of11/30/2025 (Updated Monthly)
- Total Net Assets
- $557.68 Million
Asset Allocation
As of 11/30/2025 % of Total (Updated Monthly)
| Holdings | Fund |
|---|---|
Equity | 61.72% |
Fixed Income | 38.13% |
Cash & Cash Equivalents | 0.15% |
Holdings
As of 10/31/2025 (Updated Monthly)
NVIDIA Corp COM USD.001
Microsoft Corp COM USD0.001
Franklin Institutional U.S. Government Money Market Fund OEMF-SWEEP MONEY MARKET PORTFOLIO
United States Treasury Note/Bond .5% 06/30/2027
Amazon.com Inc COM USD.01
Apple Inc COM USD.00001
United States Treasury Note/Bond 1.25% 12/31/2026
United States Treasury Note/Bond 1.125% 02/29/2028
United States Treasury Note/Bond 4.125% 11/15/2032
United States Treasury Note/Bond 1.375% 11/15/2031
Portfolio holdings are based on the total portfolio and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security.
Distributions & Tax
- Distribution Frequency
- AnnuallyThis fund is an ex-Dividend fund
Final composition of the current year’s distribution—income, capital gains and/or return of capital—are based on US tax rules and will be determined by February of the following year. For tax characterization of a distribution, such as return of capital and tax-exempt income, click on the “Tax Information” tab above.
Distributions Per Share
06/13/2025
Annually, a fund must distribute all realized capital gains net of realized losses, so the fund will not be subject to an entity level income tax. A fund’s capital gain distribution in a particular year may be a result of the disposition of holdings that appreciated in value during prior years. Thus, while the fund may gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund.
The distributable amount of net capital gains are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution and are recognized by the shareholder for tax purposes as of the ex-date of the distribution, regardless of when the gains or losses arose in the fund. Net gains on holdings held long term by the fund would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the fund.
Refer to the fund’s annual report or statement of additional information for specific information regarding distributions.
Documents
Regulatory Documents
| Name | Download | Add to Cart | |
|---|---|---|---|
| Annual Financial Statements and Other Information - Franklin Allocation VIP Fund | |||
| Annual Report - Franklin Allocation VIP Fund - Class 1 | |||
| Semi-Annual Report - Franklin Allocation VIP Fund - Class 1 | |||
| Semi-Annual Financial Statements and Other Information - Franklin Allocation VIP Fund | |||
| Prospectus - Franklin Templeton Variable Insurance Products | |||
| Summary Prospectus - Franklin Founding Funds Allocation VIP Fund | |||
| Statement of Additional Information - Franklin Templeton Variable Insurance Products | |||
| Fiscal Q1 Holdings - Franklin Templeton Variable Insurance Products | |||
| Fiscal Q3 Holdings - Franklin Templeton Variable Insurance Products |
Risks
All investments involve risks, including possible loss of principal. The allocation of assets among different strategies, asset classes and investments may not prove beneficial or produce the desired results. Equity securities are subject to price fluctuation and possible loss of principal. The investment style may become out of favor, which may have a negative impact on performance. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. Currency management strategies could result in losses to the fund if currencies do not perform as expected. Fixed income securities involve interest rate, credit, inflation and reinvestment risks, and possible loss of principal. As interest rates rise, the value of fixed income securities falls. The investment style may become out of favor, which may have a negative impact on performance. These and other risks are discussed in the fund’s prospectus.
Important Information
Franklin Allocation VIP Fund is a series of Franklin Templeton Variable Insurance Products Trust, shares of which are generally sold only to insurance company separate accounts to serve as investment options for variable insurance products.
Past performance is no guarantee of future results. These portfolios are available as investment options under a variable annuity or variable life contract. Shares of the portfolios are offered only to insurance company separate accounts that fund certain variable annuity or life contracts. These portfolios may not be available in all states and may only be offered in certain variable products. Please refer to the prospectuses. Variable annuities are long-term, tax-deferred investment vehicles designed for retirement purposes. Gains from tax-deferred investments are taxable as ordinary income upon withdrawal. Withdrawals made prior to age 59 1/2 are subject to a 10% IRS penalty charge and/or surrender charges. Investments in a variable annuity are subject to market risks, including loss of principal. Guarantees are based on the claims-paying ability of the insurer.
VARIABLE ANNUITIES ARE SOLD BY PROSPECTUS ONLY. AN INVESTOR SHOULD CONSIDER THE INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES OF THE INSURANCE CONTRACT AND THE UNDERLYING PORTFOLIO CAREFULLY BEFORE INVESTING. THE PROSPECTUSES CONTAIN THIS AND OTHER IMPORTANT INFORMATION ABOUT THE INSURANCE CONTRACT AND THE UNDERLYING PORTFOLIO. FOR A FREE PROSPECTUS ON THE UNDERLYING PORTFOLIO, PLEASE CLICK ON THE PROSPECTUS LINK. AN INVESTOR SHOULD READ THE PROSPECTUSES CAREFULLY BEFORE INVESTING.
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Important data provider notices and terms available at www.franklintempletondatasources.com.
CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.
Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.
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.
The S&P 500 Index includes 500 leading U.S. publicly traded companies. The MSCI World ex USA Index captures large- and mid-cap representation across developed market countries, excluding the U.S.
Source: © S&P Dow Jones Indices LLC. All rights reserved. MSCI makes no warranties and shall have no liability with respect to any MSCI data reproduced herein. No further redistribution or use is permitted. This report is not prepared or endorsed by MSCI.
The S&P 500 Index features 500 leading U.S. publicly traded companies, with a primary emphasis on market capitalization. The MSCI World ex U.S. Index captures large- and mid-cap representation across developed market countries, excluding the U.S. The Bloomberg U.S. Aggregate Bond 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.
The Linked Allocation VIP Fund Benchmark consists of 40% S&P 500 Index + 20% MSCI World ex U.S. Index + 40% Bloomberg US Aggregate Index. Prior to 5/1/2019, the benchmark consisted of 50% S&P 500 Index + 33.33% MSCI EAFE Index + 16.67% Bloomberg US Aggregate Index.
Source: MSCI makes no warranties and shall have no liability with respect to any MSCI data reproduced herein. No further redistribution or use is permitted. This report is not prepared or endorsed by MSCI. Bloomberg Indices.
Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or loss when you sell your shares. The fund may charge a 2% fee on redemptions within seven days.
Franklin Distributors, LLC. Member FINRA/SIPC. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Reports and other information about the fund are available on the EDGAR Database on the SEC's Internet site at www.sec.gov.
FINANCIAL ADVISORS: Please note that not all share classes may be available for sale at your firm. Please call Franklin Templeton at (800) 530-2432 for more information.