# Portfolio overlap — FGTIX vs QLMLFX

Comparing **Franklin Growth Allocation Fund** (2026-03-31) and **Franklin Multi-Asset Variable Conservative Growth** (2026-03-31).

- Shared positions: 6
- Franklin Growth Allocation Fund covered by Franklin Multi-Asset Variable Conservative Growth: 0.2554150148933774784788946507
- Franklin Multi-Asset Variable Conservative Growth covered by Franklin Growth Allocation Fund: 0.2554150148933774784788946507

## Franklin Growth Allocation Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Franklin U.S. Core Equity (IU) Fund | 0.238480 |  |
| Franklin U.S. Equity Index ETF | 0.097375 |  |
| Putnam Large Cap Value Fund, Class R6 | 0.087173 | ✓ |
| Franklin Growth Fund, Class R6 | 0.082273 |  |
| Franklin U.S. Large Cap Multifactor Index ETF | 0.066701 |  |
| Franklin International Core Equity (IU) Fund | 0.058555 |  |
| Franklin U.S. Core Bond ETF | 0.057823 | ✓ |
| Putnam Large Cap Growth Fund, Class R6 | 0.047492 | ✓ |
| Franklin Emerging Market Core Equity (IU) Fund | 0.042008 |  |
| Templeton Developing Markets Trust, Class R6 | 0.032059 |  |
| Franklin U.S. Treasury Bond ETF | 0.028521 | ✓ |
| Franklin Investment Grade Corporate ETF | 0.027961 | ✓ |
| Franklin Institutional US Government Money Market Fund | 0.027627 |  |
| Franklin BSP Lending Fund, Class R6 | 0.025868 |  |
| Franklin Templeton ETF Trust FTSE JAPAN ETF | 0.025845 |  |
| Franklin Systematic Style Premia ETF | 0.010524 |  |
| Templeton Foreign Fund, Class R6 | 0.010229 |  |
| BrandywineGLOBAL - Global Opportunities Bond Fund, Class IS | 0.008666 |  |
| ISHARES CORE MSCI EMERGING MUTUAL FUND | 0.006460 |  |
| Franklin Small Cap Enhanced ETF | 0.006446 | ✓ |
| ClearBridge International Growth Fund, Class IS | 0.006059 |  |
| VANGUARD TOTAL INTERNATIONAL BOND ETF | 0.003805 |  |
| ISH CORE EAFE | 0.002051 |  |
| Franklin International Growth Fund, Class R6 | 0.000000 |  |

## Franklin Multi-Asset Variable Conservative Growth — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| Franklin U.S. Core Bond ETF | 0.315477 | ✓ |
| Franklin U.S. Large Cap Equity Fund | 0.187596 |  |
| Putnam Large Cap Value Fund, Class R6 | 0.111113 | ✓ |
| Putnam Large Cap Growth Fund, Class R6 | 0.107923 | ✓ |
| Franklin International Equity Fund | 0.084373 |  |
| Franklin U.S. Treasury Bond ETF | 0.073786 | ✓ |
| Franklin Small Cap Enhanced ETF | 0.033954 | ✓ |
| ClearBridge Large Cap Growth Fund | 0.032071 |  |
| Franklin Investment Grade Corporate ETF | 0.031481 | ✓ |
| Invesco Government & Agency Portfolio, Institutional Class | 0.022227 |  |


## Sources

- N-PORT (fund A) — accession `0002071691-26-012255` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1022804/000207169126012255/0002071691-26-012255-index.htm>
- N-PORT (fund B) — accession `0000940400-26-021649` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/1176343/000094040026021649/0000940400-26-021649-index.htm>

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