Franklin Templeton Moderately Aggressive Model Portfolio

Legg Mason Partners Variable Equity Trust · 2 share classes

Actively managed U.S. equity fund
One fund, 2 share classes:QLMADXQLMACX
$3.10B NAV
30 positions · as of 2026-06-30 · filed 2026-08-26

Fund classification

Classified from what the fund holds · as of 2026 Q2

Franklin Templeton Moderately Aggressive Model Portfolio is an actively managed U.S. equity fund.

Asset class
Equity
Region
United States
Management
Actively managed
Fund type
Open-end fund
Features
Fund of funds

Fund profile

As filed in the prospectus · 2026 Q2

The fund seeks capital appreciation.

Strategy · summarised

The fund is a fund of funds that allocates its assets among underlying mutual funds and exchange-traded funds selected to provide exposure across equity and fixed income asset classes. The portfolio managers construct a moderately aggressive portfolio by typically allocating 60% to 70% to equity strategies and 30% to 40% to fixed income strategies, using quantitative and qualitative analysis to select underlying funds based on expected performance factors, risk, and correlation characteristics. The underlying funds may employ diverse strategies including alternative investments, long and short positions, and securities across all credit qualities and maturities, and the investment strategies employed by those underlying funds may change without the fund's portfolio managers' knowledge.

Expenses
0.57% 0.82%across 2 share classes
Share classExpense ratio
QLMADX0.82%
QLMACX0.57%

Portfolio turnover 24.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

Partial coverage
99.95%
of net assets
Stocks99.22%
Cash & short-term0.73%

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 3 new2 exited

New: LVIP ClearBridge Appreciation Fund - Standard Class I, American Funds Insurance Series - Growth-Income Fund Class 1A, Franklin Gold And Precious Metals Vip Fund

Exited: Legg Mason Partners Variable Equity Trust, MainStay VP MacKay Intl Eq Initl

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+20.74%+49.43%+42.32%9.61%-7.90%
+21.06%+50.47%+44.03%9.67%-7.86%

These classes hold the same portfolio, so the 1.71pp spread over 5 years is the cost difference between them — roughly 0.34pp a year — not a difference in what they own.

Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
FIDELITY CONCORD STREET TRUST10.56%$327.16M
FIDELITY SALEM STREET TRUST9.59%$297.16M
Voya Variable Funds7.10%$219.91M
American Funds IS Growth 1A5.94%$183.95M
Fidelity VIP Investment Grade Bd II Init5.42%$167.79M
VARIABLE INSURANCE PRODUCTS FUND III4.83%$149.70M
VARIABLE INSURANCE PRODUCTS FUND V4.45%$137.93M
FIDELITY CONCORD STREET TRUST4.25%$131.80M
American Funds IS The Bond Fd of Amer1A4.18%$129.50M
NYLI VP Newton Technology Growth - Initial Class3.84%$119.08M
Showing 10 of 30Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 60.16% of net assets, top 25 95.48%, across 25 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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