<SEC-DOCUMENT>0000837274-24-000012.txt : 20241008
<SEC-HEADER>0000837274-24-000012.hdr.sgml : 20241008
<ACCEPTANCE-DATETIME>20241008090646
ACCESSION NUMBER:		0000837274-24-000012
CONFORMED SUBMISSION TYPE:	40-17F2
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20241008
DATE AS OF CHANGE:		20241008
EFFECTIVENESS DATE:		20241008

SUBJECT COMPANY:	

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FRANKLIN UNIVERSAL TRUST
		CENTRAL INDEX KEY:			0000833040
		ORGANIZATION NAME:           	
		IRS NUMBER:				943077602
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		40-17F2
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-05569
		FILM NUMBER:		241359286

	BUSINESS ADDRESS:	
		STREET 1:		ONE FRANKLIN PARKWAY
		CITY:			SAN MATEO
		STATE:			CA
		ZIP:			94403-1906
		BUSINESS PHONE:		650-312-2000

	MAIL ADDRESS:	
		STREET 1:		ONE FRANKLIN PARKWAY
		CITY:			SAN MATEO
		STATE:			CA
		ZIP:			94403-1906

FILED BY:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FRANKLIN UNIVERSAL TRUST
		CENTRAL INDEX KEY:			0000833040
		ORGANIZATION NAME:           	
		IRS NUMBER:				943077602
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			0831

	FILING VALUES:
		FORM TYPE:		40-17F2

	BUSINESS ADDRESS:	
		STREET 1:		ONE FRANKLIN PARKWAY
		CITY:			SAN MATEO
		STATE:			CA
		ZIP:			94403-1906
		BUSINESS PHONE:		650-312-2000

	MAIL ADDRESS:	
		STREET 1:		ONE FRANKLIN PARKWAY
		CITY:			SAN MATEO
		STATE:			CA
		ZIP:			94403-1906
</SEC-HEADER>
<DOCUMENT>
<TYPE>40-17F2
<SEQUENCE>1
<FILENAME>fut17f2-20248.htm
<DESCRIPTION>40-17F2
<TEXT>
<html>
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<title>Untitled Document</title>
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<p style="font-size:8.0pt; font-family:Arial; text-align:center; font-weight:normal; text-decoration:none;">UNITED
STATES</p><p style="font-size:8.0pt; font-family:Arial; text-align:center; font-weight:normal; text-decoration:none;">SECURITIES
AND EXCHANGE COMMISSION</p><p style="font-size:8.0pt; font-family:Arial; text-align:center; font-weight:normal;
text-decoration:none;">WASHINGTON, D.C. 20549</p><p style="font-size:8.0pt; font-family:Arial; text-align:center;
font-weight:normal; text-decoration:none;">FORM N-17F-2</p><p style="font-size:8.0pt; font-family:Arial;
text-align:center; font-weight:normal; text-decoration:none;">CERTIFICATE OF ACCOUNTING OF SECURITIES
AND SIMILAR</p><p style="font-size:8.0pt; font-family:Arial; text-align:center; font-weight:normal; text-decoration:none;">INVESTMENTS
IN THE CUSTODY OF</p><p style="font-size:8.0pt; font-family:Arial; text-align:center; font-weight:normal;
text-decoration:none;">MANAGEMENT INVESTMENT COMPANIES</p><p style="font-size:8.0pt; font-family:Arial;
text-align:center; font-weight:normal; text-decoration:none;">PURSUANT TO RULE N-17F-2 [17 CFR 270.17f-2]</p><table
cellspacing="0" style="border-collapse:collapse" width="100%" cellpadding="0" style="clear:both"><tr
style="font-size:1pt;"><td style="width:5.01%;" >&nbsp;</td><td style="width:8.99%;" >&nbsp;</td><td
style="width:17.09%;" >&nbsp;</td><td style="width:13.21%;" >&nbsp;</td><td style="width:14.64%;" >&nbsp;</td><td
style="width:6.32%;" >&nbsp;</td><td style="width:11.78%;" >&nbsp;</td><td style="width:22.96%;" >&nbsp;</td></tr><tr><td
colspan="5" style=" vertical-align:top;"><p style="font-size:8.0pt; font-family:Arial; text-align:left;
font-weight:normal; text-decoration:none;">1. Investment Company Act File Number:</p></td><td colspan="3"
style=" vertical-align:top;"><p style="font-size:8.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">Date Examination completed:</p></td></tr><tr><td colspan="5" style=" vertical-align:top;"><p
style="font-size:8.0pt; font-family:Arial; text-align:left; text-indent:36.0pt; font-weight:normal; text-decoration:none;">811-05569</p></td><td
colspan="3" style=" vertical-align:top;"><p style="font-size:8.0pt; font-family:Arial; text-align:left;
text-indent:21.6pt; font-weight:normal; text-decoration:none;">September 26, 2024</p></td></tr><tr><td
colspan="5" style=" vertical-align:top; font-size:1pt;">&#160;</td><td colspan="3" style=" vertical-align:top;
font-size:1pt;">&#160;</td></tr><tr><td colspan="5" style=" vertical-align:top;"><p style="font-size:8.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">2. State Identification
Number:</p></td><td colspan="3" style=" vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td
colspan="2" style=" vertical-align:top; font-size:1pt;">&#160;</td><td style="vertical-align:top; font-size:1pt;">&#160;</td><td
style="vertical-align:top; font-size:1pt;">&#160;</td><td colspan="2" style=" vertical-align:top; font-size:1pt;">&#160;</td><td
style="vertical-align:top; font-size:1pt;">&#160;</td><td style="vertical-align:top; font-size:1pt;">&#160;</td></tr><tr><td
colspan="2" style=" vertical-align:top;"><p style="font-size:8.0pt; font-family:Arial; text-align:left;
font-weight:normal; text-decoration:none;">AL</p></td><td style="vertical-align:top;"><p style="font-size:8.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">AK</p></td><td style="vertical-align:top;"><p
style="font-size:8.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">AZ</p></td><td
colspan="2" style=" vertical-align:top;"><p style="font-size:8.0pt; font-family:Arial; text-align:left;
font-weight:normal; text-decoration:none;">AR</p></td><td style="vertical-align:top;"><p style="font-size:8.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">CA </p></td><td style="vertical-align:top;"><p
style="font-size:8.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">CO</p></td></tr><tr><td
colspan="2" style=" vertical-align:top;"><p style="font-size:8.0pt; font-family:Arial; text-align:left;
font-weight:normal; text-decoration:none;">CT</p></td><td style="vertical-align:top;"><p style="font-size:8.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">DE </p></td><td style="vertical-align:top;"><p
style="font-size:8.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">DC</p></td><td
colspan="2" style=" vertical-align:top;"><p style="font-size:8.0pt; font-family:Arial; text-align:left;
font-weight:normal; text-decoration:none;">FL</p></td><td style="vertical-align:top;"><p style="font-size:8.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">GA</p></td><td style="vertical-align:top;"><p
style="font-size:8.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">HI</p></td></tr><tr><td
colspan="2" style=" vertical-align:top;"><p style="font-size:8.0pt; font-family:Arial; text-align:left;
font-weight:normal; text-decoration:none;">ID</p></td><td style="vertical-align:top;"><p style="font-size:8.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">IL</p></td><td style="vertical-align:top;"><p
style="font-size:8.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">IN</p></td><td
colspan="2" style=" vertical-align:top;"><p style="font-size:8.0pt; font-family:Arial; text-align:left;
font-weight:normal; text-decoration:none;">IA</p></td><td style="vertical-align:top;"><p style="font-size:8.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">KS</p></td><td style="vertical-align:top;"><p
style="font-size:8.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">KY</p></td></tr><tr><td
colspan="2" style=" vertical-align:top;"><p style="font-size:8.0pt; font-family:Arial; text-align:left;
font-weight:normal; text-decoration:none;">LA</p></td><td style="vertical-align:top;"><p style="font-size:8.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">ME</p></td><td style="vertical-align:top;"><p
style="font-size:8.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">MD</p></td><td
colspan="2" style=" vertical-align:top;"><p style="font-size:8.0pt; font-family:Arial; text-align:left;
font-weight:normal; text-decoration:none;">MA</p></td><td style="vertical-align:top;"><p style="font-size:8.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">MI</p></td><td style="vertical-align:top;"><p
style="font-size:8.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">MN</p></td></tr><tr><td
colspan="2" style=" vertical-align:top;"><p style="font-size:8.0pt; font-family:Arial; text-align:left;
font-weight:normal; text-decoration:none;">MS</p></td><td style="vertical-align:top;"><p style="font-size:8.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">MO</p></td><td style="vertical-align:top;"><p
style="font-size:8.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">MT</p></td><td
colspan="2" style=" vertical-align:top;"><p style="font-size:8.0pt; font-family:Arial; text-align:left;
font-weight:normal; text-decoration:none;">NE</p></td><td style="vertical-align:top;"><p style="font-size:8.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">NV </p></td><td style="vertical-align:top;"><p
style="font-size:8.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">NH</p></td></tr><tr><td
colspan="2" style=" vertical-align:top;"><p style="font-size:8.0pt; font-family:Arial; text-align:left;
font-weight:normal; text-decoration:none;">NJ</p></td><td style="vertical-align:top;"><p style="font-size:8.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">NM</p></td><td style="vertical-align:top;"><p
style="font-size:8.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">NY</p></td><td
colspan="2" style=" vertical-align:top;"><p style="font-size:8.0pt; font-family:Arial; text-align:left;
font-weight:normal; text-decoration:none;">NC</p></td><td style="vertical-align:top;"><p style="font-size:8.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">ND </p></td><td style="vertical-align:top;"><p
style="font-size:8.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">OH</p></td></tr><tr><td
colspan="2" style=" vertical-align:top;"><p style="font-size:8.0pt; font-family:Arial; text-align:left;
font-weight:normal; text-decoration:none;">OK</p></td><td style="vertical-align:top;"><p style="font-size:8.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">OR</p></td><td style="vertical-align:top;"><p
style="font-size:8.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">PA</p></td><td
colspan="2" style=" vertical-align:top;"><p style="font-size:8.0pt; font-family:Arial; text-align:left;
font-weight:normal; text-decoration:none;">RI</p></td><td style="vertical-align:top;"><p style="font-size:8.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">SC </p></td><td style="vertical-align:top;"><p
style="font-size:8.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">SD</p></td></tr><tr><td
colspan="2" style=" vertical-align:top;"><p style="font-size:8.0pt; font-family:Arial; text-align:left;
font-weight:normal; text-decoration:none;">TN</p></td><td style="vertical-align:top;"><p style="font-size:8.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">TX </p></td><td style="vertical-align:top;"><p
style="font-size:8.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">UT</p></td><td
colspan="2" style=" vertical-align:top;"><p style="font-size:8.0pt; font-family:Arial; text-align:left;
font-weight:normal; text-decoration:none;">VT</p></td><td style="vertical-align:top;"><p style="font-size:8.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">VA</p></td><td style="vertical-align:top;"><p
style="font-size:8.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">WA</p></td></tr><tr><td
colspan="2" style=" vertical-align:top;"><p style="font-size:8.0pt; font-family:Arial; text-align:left;
font-weight:normal; text-decoration:none;">WV</p></td><td style="vertical-align:top;"><p style="font-size:8.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">WI</p></td><td style="vertical-align:top;"><p
style="font-size:8.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">WY</p></td><td
colspan="2" style=" vertical-align:top;"><p style="font-size:8.0pt; font-family:Arial; text-align:left;
font-weight:normal; text-decoration:none;">PUERTO RICO</p></td><td style="vertical-align:top; font-size:1pt;"
>&nbsp;</td><td style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td colspan="8" style="
vertical-align:top; font-size:1pt;">&#160;</td></tr><tr><td colspan="8" style=" vertical-align:top;"><p style="font-size:8.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">3. Exact name of investment
company as specified in registration statement:</p></td></tr><tr><td colspan="8" style=" vertical-align:top;
font-size:1pt;">&#160;</td></tr><tr><td colspan="8" style=" vertical-align:top;"><p style="font-size:8.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">Franklin Universal Trust</p></td></tr><tr><td
style="vertical-align:top; font-size:1pt;">&#160;</td><td colspan="7" style=" vertical-align:top; font-size:1pt;">&#160;</td></tr><tr><td
colspan="8" style=" vertical-align:top;"><p style="font-size:8.0pt; font-family:Arial; text-align:left;
font-weight:normal; text-decoration:none;">4. Address of principal executive office: (number, street,
city, state, zip code)</p></td></tr><tr><td colspan="8" style=" vertical-align:top; font-size:1pt;">&#160;</td></tr></table><p
style="font-size:8.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">One
Franklin Parkway, San Mateo, CA 94403</p>
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<p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">[PWC
Logo]</p><p style="font-size:11.0pt; font-family:Arial; text-align:center; font-weight:bold; font-style:normal;"><font
style="font-size:11.0pt; font-family:Arial; font-style:normal; font-weight:bold; text-decoration:none;">Report
of Independent Registered Public Accounting Firm</font></p><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">To the Boards of Trustees and Management
of:</p><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Custodian Funds </font><br><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">Franklin ETF Trust</font><br><font style="font-size:10.0pt; font-family:Arial;
font-style:normal; font-weight:normal; text-decoration:none;">Franklin Floating Rate Master Trust </font><br><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Fund Allocator Series </font><br><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin Global Trust</font><br><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin Gold and Precious
Metals Fund </font><br><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">Franklin High Income Trust</font><br><font style="font-size:10.0pt; font-family:Arial;
font-style:normal; font-weight:normal; text-decoration:none;">Franklin Investors Securities Trust </font><br><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Limited Duration Income Trust </font><br><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin Managed Trust</font><br><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin Real Estate
Securities Trust </font><br><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">Franklin Strategic Mortgage Portfolio </font><br><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin Strategic Series</font><br><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Templeton ETF Trust</font><br><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">Franklin Templeton Variable Insurance Products Trust</font><br><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin U.S. Government
Money Fund </font><br><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">Franklin Universal Trust</font><br><font style="font-size:10.0pt; font-family:Arial;
font-style:normal; font-weight:normal; text-decoration:none;">Institutional Fiduciary Trust</font><br><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Templeton
China World Fund </font><br><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">Templeton Developing Markets Trust </font><br><font style="font-size:10.0pt; font-family:Arial;
font-style:normal; font-weight:normal; text-decoration:none;">Templeton Emerging Markets Fund</font><br><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Templeton
Emerging Markets Income Fund </font><br><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Templeton Funds</font><br><font style="font-size:10.0pt; font-family:Arial;
font-style:normal; font-weight:normal; text-decoration:none;">Templeton Global Investment Trust </font><br><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Templeton
Income Trust </font><br><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">Templeton Institutional Funds</font></p><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial;
font-style:normal; font-weight:normal; text-decoration:none;">And the Boards of Directors and Management
of: </font><br><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">Templeton Dragon Fund, Inc.</font></p><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">We have examined management's assertion,
included in the accompanying Management Statement Regarding Compliance with Certain Provisions of the
Investment Company Act of 1940, that the Funds listed in Attachment A (the &#8220;Funds&#8221;) complied with
the requirements of subsections (b) and (c) of Rule 17f-2 under the Investment Company Act of 1940 (&#8220;the
Act&#8221;) as of February 29, 2024. The Funds&#8217; management is responsible for its assertion and the Funds'
compliance with those requirements. Our responsibility is to express an opinion on management's assertion
about the Funds' compliance with the specified requirements based on our examination.</p><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">Our examination was conducted
in accordance with the standards of the Public Company Accounting Oversight Board (United States) and
in accordance with attestation standards established by the American Institute of Certified Public Accountants.
Those standards require that we plan and perform the examination to obtain reasonable assurance about
whether management&#8217;s assertion about compliance with the specified requirements is fairly stated, in
all material respects, and, accordingly, included examining, on a test basis, evidence about the Funds'
compliance with those requirements and performing such other procedures as we considered necessary in
the circumstances. Included among our</p><p style="font-size:8.0pt; font-family:Arial; text-align:left;
color:#000000; font-weight:normal; text-decoration:none;">PricewaterhouseCoopers LLP, 405 Howard Street,
Suite 600, San Francisco, CA 94105 T: (415) 498 5000, www.pwc.com/us</p>
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<p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">[PWC
Logo]</p><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">procedures
were the following tests performed as of February 29, 2024, and with respect to agreement of security
purchases and sales, for the period from January 1, 2024 (the date of our last examination), through
February 29, 2024:</p><p style="font-size:10.0pt; font-family:Arial; text-align:left; text-indent:-18.0pt;
font-weight:normal; margin-left:46.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Georgia;
font-style:normal; font-weight:normal; text-decoration:none;">-</font><font style="word-spacing:10.0pt;">&#160;</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Confirmation
of all securities held by Franklin Templeton Investors Services, Inc. (the &#8220;Transfer Agent&#8221;),</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">as</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">they
pertain</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;"> </font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">to</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;"> </font><font style="font-size:10.0pt; font-family:Arial;
font-style:normal; font-weight:normal; text-decoration:none;">the</font><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;"> </font><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">security</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">positions</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">owned
by</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">the</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Funds</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">and</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">held</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">in</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">book</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">entry</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">form</font></p><p
style="font-size:10.0pt; font-family:Arial; text-align:left; text-indent:-18.0pt; font-weight:normal;
margin-left:46.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Georgia; font-style:normal;
font-weight:normal; text-decoration:none;">-</font><font style="word-spacing:10.0pt;">&#160;</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Reconciliation
of all such securities to the books and records of the Funds and the Transfer</font><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;"> </font><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Agent</font></p><p style="font-size:10.0pt;
font-family:Arial; text-align:left; text-indent:-18.0pt; font-weight:normal; margin-left:46.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Georgia; font-style:normal; font-weight:normal; text-decoration:none;">-</font><font
style="word-spacing:10.0pt;">&#160;</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Agreement</font><font style="font-size:10.0pt; font-family:Arial;
font-style:normal; font-weight:normal; text-decoration:none;"> </font><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">of</font><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;"> </font><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">304</font><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;"> </font><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">security</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">purchases</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">and</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">386</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">security</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">sales</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">or</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">maturities</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">since</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">our</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">last</font><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">report
from the books and records of the Funds to the records of the Transfer Agent</font><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;"> </font><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">confirmations</font></p><p
style="font-size:10.0pt; font-family:Arial; text-align:justify; font-weight:normal; text-decoration:none;">We
believe that our examination provides, and that the evidence we obtained is sufficient and appropriate
to provide, a reasonable basis for our opinion. Our examination does not provide a legal determination
on the Funds&#8217; compliance with the specified requirements.</p><p style="font-size:10.0pt; font-family:Arial;
text-align:left; color:#212121; font-weight:normal; text-decoration:none;">We are required to be independent
and to meet our other ethical responsibilities in accordance with relevant ethical requirements related
to the engagement.</p><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">In our opinion, management's assertion that the Funds listed in Attachment A complied
with the requirements of subsections (b) and (c) of Rule 17f-2 of the Investment Company Act of 1940
as of February 29, 2024 with respect to securities reflected in the investment accounts of the Funds
is fairly stated, in all material respects.</p><p style="font-size:10.0pt; font-family:Arial; text-align:left;
font-weight:normal; text-decoration:none;">This report is intended solely for the information and use
of management and the Boards of Trustees or Boards of Directors of the Funds and the Securities and Exchange
Commission and is not intended to be and should not be used by anyone other than the specified parties.</p><p
style="font-size:10.0pt; font-family:Arial; text-align:justify; font-weight:normal; margin-left:36.0pt;
text-decoration:none;">/s/PRICEWATERHOUSECOOPERS, LLP</p><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">                   </p><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">                  September
26, 2024</p><p style="font-size:9.0pt; font-family:Arial; text-align:center; font-weight:normal; margin-left:36.0pt;
text-decoration:none;">2</p>
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<p style="font-size:8.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">[PWC
Logo]</p><p style="font-size:11.0pt; font-family:Arial; text-align:left; font-weight:bold; margin-left:14.0pt;
text-decoration:none;">Attachment A</p><table cellspacing="0" style="border-collapse:collapse" width="100%"
cellpadding="2" style="clear:both"><tr style="font-size:1pt;"><td style="width:59.18%;" >&nbsp;</td><td
style="width:40.82%;" >&nbsp;</td></tr><tr><td style="vertical-align:top; font-size:1pt;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Franklin
Custodian Funds:</p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:bold; text-decoration:none;">         Examination Period</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin DynaTech Fund</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Growth Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin Income Fund</font><font style="font-size:6.5pt; font-family:Arial;
font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p
style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January
1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt;
font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
U.S. Government Securities Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin Utilities Fund</font><font
style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;
font-size:1pt;">&#160;</td><td style="vertical-align:top; font-size:1pt;">&#160;</td></tr><tr><td style="vertical-align:top;"><p
style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Franklin
ETF Trust:</p></td><td style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Short Duration U.S. Government ETF </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Franklin Floating Rate
Master Trust:</p></td><td style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Floating Rate Income Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Franklin Fund Allocator
Series:</p></td><td style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Conservative Allocation Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin Corefolio Allocation
Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Emerging Market Core Equity (IU) Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin Global Allocation
Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Growth Allocation Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin International Core Equity (IU) Fund</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
LifeSmart Retirement Income Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin LifeSmart 2020
Retirement Target Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin LifeSmart 2025 Retirement Target Fund</font><font
style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
LifeSmart 2030 Retirement Target Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin LifeSmart 2035
Retirement Target Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin LifeSmart 2040 Retirement Target Fund</font><font
style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
LifeSmart 2045 Retirement Target Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin LifeSmart 2050
Retirement Target Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin LifeSmart 2055 Retirement Target Fund</font><font
style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
LifeSmart 2060 Retirement Target Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin Moderate Allocation
Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
U.S. Core Equity (IU) Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Franklin Global Trust:</p></td><td
style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt;
font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Emerging Market Debt Opportunities Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin International
Growth Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:10.0pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:bold; text-decoration:none;">Franklin Gold and Precious Metals Fund</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Franklin
High Income Trust:</p></td><td style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
High Income Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold;
margin-left:10.0pt; text-decoration:none;">Franklin Investors Securities Trust:</p></td><td style="vertical-align:top;
font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin Convertible
Securities Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin Equity Income Fund</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:41.05pt;
font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">Franklin Floating Rate Daily Access Fund</font><font style="font-size:6.5pt; font-family:Arial;
font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p
style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January
1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt;
font-family:Arial; text-align:left; font-weight:normal; margin-left:41.05pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Long Duration Credit Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin Low Duration Total Return Fund</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr></table>
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<table cellspacing="0" style="border-collapse:collapse" width="100%" cellpadding="2" style="clear:both"><tr
style="font-size:1pt;"><td style="width:61.56%;" >&nbsp;</td><td style="width:38.44%;" >&nbsp;</td></tr><tr><td
style="vertical-align:top; font-size:1pt;"><p style="font-size:6.5pt; font-family:Arial; text-align:left;
font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial;
font-style:normal; font-weight:normal; text-decoration:none;">Franklin Low Duration U.S. Government Securities
Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Managed Income Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin Total Return Fund</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:10.0pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:bold; text-decoration:none;">Franklin
Limited Duration Income Trust</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Franklin Managed Trust:</p></td><td
style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt;
font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Rising Dividends Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold;
margin-left:10.0pt; text-decoration:none;">Franklin Real Estate Securities Trust:</p></td><td style="vertical-align:top;
font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin Real Estate
Securities Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:10.0pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:bold; text-decoration:none;">Franklin Strategic Mortgage Portfolio</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Franklin
Strategic Series:</p></td><td style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Biotechnology Discovery Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:41.4pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin Growth Opportunities
Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Natural Resources Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin Small Cap Growth Fund</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Small-Mid Cap Growth Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin Strategic Income Fund</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Templeton SMACS: Series E</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin Templeton SMACS: Series I</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Franklin
Templeton ETF Trust:</p></td><td style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin Exponential Data ETF</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Focused Growth ETF</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin FTSE Eurozone ETF</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
FTSE Japan ETF</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin FTSE Japan Hedged ETF</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
U.S. Core Bond ETF </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin U.S. Core Dividend Tilt Index ETF</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
U.S. Equity Index ETF</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin U.S. Large Cap Multifactor Index ETF</font><font
style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
U.S. Mid Cap Multifactor Index ETF</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;"> a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin U.S. Small
Cap Multifactor Index ETF</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin U.S. Treasury Bond ETF</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Ultra Short Bond ETF</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold;
margin-left:10.0pt; text-decoration:none;">Franklin Templeton Variable Insurance Products Trust:</p></td><td
style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt;
font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Allocation VIP Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin DynaTech VIP Fund</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:41.4pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Income VIP Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin Rising Dividends VIP Fund</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:41.05pt;
font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">Franklin Small Cap Value VIP Fund</font><font style="font-size:6.5pt; font-family:Arial;
font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p
style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January
1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt;
font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Small-Mid Cap Growth VIP Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:41.05pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin Strategic Income
VIP Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin VolSmart Allocation VIP Fund</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Templeton
Developing Markets VIP Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Templeton Foreign VIP
Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; color:#000000; font-weight:normal; margin-left:41.4pt;
font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal; color:#000000;
font-weight:normal; text-decoration:none;">Templeton </font><font style="font-size:10.0pt; font-family:Arial;
font-style:normal; color:#212121; font-weight:normal; text-decoration:none;">Global Bond VIP Fund</font><font
style="font-size:6.5pt; font-family:Arial; font-style:normal; color:#000000; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr></table>
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<table cellspacing="0" style="border-collapse:collapse" width="100%" cellpadding="2" style="clear:both"><tr
style="font-size:1pt;"><td style="width:60.4%;" >&nbsp;</td><td style="width:39.6%;" >&nbsp;</td></tr><tr><td
style="vertical-align:top; font-size:1pt;"><p style="font-size:6.5pt; font-family:Arial; text-align:left;
font-weight:normal; margin-left:10.0pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial;
font-style:normal; font-weight:bold; text-decoration:none;">Franklin U.S. Government Money Fund</font><font
style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:10.0pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:bold; text-decoration:none;">Franklin
Universal Trust</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold;
margin-left:10.0pt; text-decoration:none;">Institutional Fiduciary Trust:</p></td><td style="vertical-align:top;
font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Money Market Portfolio</font><font
style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:10.0pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:bold; text-decoration:none;">Templeton
China World Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:10.0pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:bold; text-decoration:none;">Templeton Developing Markets Trust</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:10.0pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:bold; text-decoration:none;">Templeton
Emerging Markets Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:10.0pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:bold; text-decoration:none;">Templeton Emerging Markets Income Fund</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Templeton
Funds:</p></td><td style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:36.0pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Templeton
International Climate Change Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Templeton Global Investment
Trust:</p></td><td style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Templeton SMACS: Series EM</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Templeton Emerging Markets
Small Cap Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:41.4pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Templeton Global Balanced Fund</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Templeton
Income Trust:</p></td><td style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Templeton
Global Bond Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Templeton Global Total Return Fund</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Templeton
International Bond Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Templeton Sustainable Emerging Markets Bond Fund</font><font
style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Templeton
Institutional Funds:</p></td><td style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">International Equity Series</font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:10.0pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:bold; text-decoration:none;">Templeton
Dragon Fund, Inc.</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr></table><p
style="font-size:8.0pt; font-family:Arial; text-align:left; font-weight:bold; margin-left:14.0pt; text-decoration:none;">Legend:</p><p
style="font-size:8.0pt; font-family:Arial; text-align:left; text-indent:-0.05pt; font-weight:normal;
margin-left:14.0pt; text-decoration:none;">a: December 31, 2023 represents the date of our last examination.
</p>
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<p style="font-size:8.0pt; font-family:Sans-Serif; text-align:left; color:#004FA6; font-weight:bold;
font-style:normal;"><img src="img_3ae0bcb742164.jpg"><font style="font-size:12.0pt; font-family:Arial;
font-style:normal; color:#000000; font-weight:normal; text-decoration:none;">
                                                                 </font><font style="font-size:8.0pt;
font-family:Sans-Serif; font-style:normal; color:#004FA6; font-weight:bold; text-decoration:none;">
              </font></p><p style="font-size:6.0pt; font-family:Serif; text-align:right; color:#000000;
font-weight:normal; font-style:normal;"><font style="font-size:8.0pt; font-family:Sans-Serif; font-style:normal;
color:#004FA6; font-weight:bold; text-decoration:none;">Franklin Templeton Services, LLC</font></p><p
style="font-size:6.0pt; font-family:Serif; text-align:right; color:#000000; font-weight:normal; font-style:normal;"><font
style="font-size:8.0pt; font-family:Sans-Serif; font-style:normal; color:#000000; font-weight:normal;
text-decoration:none;">3355 Data Drive</font></p><p style="font-size:6.0pt; font-family:Serif; text-align:right;
color:#000000; font-weight:normal; font-style:normal;"><font style="font-size:8.0pt; font-family:Sans-Serif;
font-style:normal; color:#000000; font-weight:normal; text-decoration:none;">Rancho Cordova, CA 95670</font></p><p
style="font-size:6.0pt; font-family:Serif; text-align:right; color:#000000; font-weight:normal; font-style:normal;"><font
style="font-size:8.0pt; font-family:Sans-Serif; font-style:normal; color:#000000; font-weight:bold; text-decoration:none;">tel</font><font
style="font-size:8.0pt; font-family:Sans-Serif; font-style:normal; color:#000000; font-weight:normal;
text-decoration:none;"> (800) 632.2350</font></p><p style="font-size:18.0pt; font-family:Serif; text-align:right;
color:#000000; font-weight:normal; font-style:normal;"><font style="font-size:8.0pt; font-family:Sans-Serif;
font-style:normal; color:#000000; font-weight:normal; text-decoration:none;">franklintempleton.com</font></p><div
style="border-bottom:0.75pt; border-bottom-style:solid; border-bottom-color:#000000; padding:0pt 0pt
1pt 0pt;"><div style="font-size:8.0pt; font-family:Arial; font-style:normal; text-align:left; font-weight:bold;"></div></div><p
style="font-size:8.0pt; font-family:Arial; text-align:center; font-weight:normal; font-style:normal;"><br><font
style="font-size:8.0pt; font-family:Arial; font-style:normal; font-weight:bold; text-decoration:none;">Management
Statement Regarding Compliance with Certain</font></p><p style="font-size:8.0pt; font-family:Arial; text-align:center;
font-weight:bold; text-decoration:none;">Provisions of the Investment Company Act of 1940</p><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">We, as members of management
of the funds indicated in Attachment A (the &#8220;Funds&#8221;), are responsible for complying with the requirements
of subsections (b) and (c) of Rule 17f-2, Custody of Investments by Registered Management Investment
Companies, of the Investment Company Act of 1940. We are also responsible for establishing and maintaining
effective internal controls over compliance with those requirements. We have performed an evaluation
of the Funds' compliance with the requirements of subsections (b) and (c) of Rule 17f-2 as of February
29, 2024, and for the periods indicated in Attachment A. </p><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">Based on this evaluation, we assert that
the Funds were in compliance with the requirements of subsections (b) and (c) of Rule 17f-2 of the Investment
Company Act of 1940 as of February 29, 2024, and for the periods indicated in Attachment A, with respect
to securities reflected in the investment account of the Funds.</p><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">By:</p><p style="font-size:10.0pt; font-family:Sans-Serif;
text-align:left; font-weight:normal; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial;
font-style:normal; font-weight:normal; text-decoration:underline;">/s/CHRISTOPHER KINGS</font><br><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:bold; text-decoration:none;">Christopher
Kings</font></p><p style="font-size:10.0pt; font-family:Sans-Serif; text-align:left; font-weight:normal;
font-style:italic;"><font style="font-size:10.0pt; font-family:Arial; font-style:italic; font-weight:normal;
text-decoration:none;">Chief Executive Officer - Finance and Administration</font></p><p style="font-size:10.0pt;
font-family:Sans-Serif; text-align:left; font-weight:normal; font-style:italic;"><font style="font-size:10.0pt;
font-family:Arial; font-style:italic; font-weight:normal; text-decoration:none;">Franklin Templeton Group
of Funds</font></p><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">Date </font><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:underline;">September 26, 2024</font></p><p style="font-size:10.0pt;
font-family:Sans-Serif; text-align:left; font-weight:normal; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:underline;">/s/JEFFREY W. WHITE</font><br><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:bold; text-decoration:none;">Jeffrey
W. White</font></p><p style="font-size:10.0pt; font-family:Sans-Serif; text-align:left; font-weight:normal;
font-style:italic;"><font style="font-size:10.0pt; font-family:Arial; font-style:italic; font-weight:normal;
text-decoration:none;">Chief Financial Officer, Chief Accounting Officer and Treasurer</font></p><p style="font-size:10.0pt;
font-family:Sans-Serif; text-align:left; font-weight:normal; font-style:italic;"><font style="font-size:10.0pt;
font-family:Arial; font-style:italic; font-weight:normal; text-decoration:none;">Franklin &amp; Templeton
Funds Boards</font></p><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">Date </font><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:underline;">September 26, 2024</font></p><p style="font-size:10.0pt;
font-family:Sans-Serif; text-align:left; font-weight:normal; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:underline;">/s/VIVEK PAI</font><br><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:bold; text-decoration:none;">Vivek
Pai</font></p><p style="font-size:10.0pt; font-family:Sans-Serif; text-align:left; font-weight:normal;
font-style:italic;"><font style="font-size:10.0pt; font-family:Arial; font-style:italic; font-weight:normal;
text-decoration:none;">Chief Financial Officer, Chief Accounting Officer and Treasurer</font></p><p style="font-size:10.0pt;
font-family:Sans-Serif; text-align:left; font-weight:normal; font-style:italic;"><font style="font-size:10.0pt;
font-family:Arial; font-style:italic; font-weight:normal; text-decoration:none;">Franklin Templeton ETF
Trust</font></p><p style="font-size:10.0pt; font-family:Sans-Serif; text-align:left; font-weight:normal;
font-style:italic;"><font style="font-size:10.0pt; font-family:Arial; font-style:italic; font-weight:normal;
text-decoration:none;">Franklin ETF Trust</font></p>
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<p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Date
</font><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:underline;">September
26, 2024</font></p>
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<p style="font-size:11.0pt; font-family:Arial; text-align:left; font-weight:bold; margin-left:14.0pt;
font-style:normal;"><font style="font-size:11.0pt; font-family:Arial; font-style:normal; font-weight:bold;
text-decoration:none;">Attachment A</font><br></p><table cellspacing="0" style="border-collapse:collapse"
width="100%" cellpadding="2" style="clear:both"><tr style="font-size:1pt;"><td style="width:59.18%;"
>&nbsp;</td><td style="width:40.82%;" >&nbsp;</td></tr><tr><td style="vertical-align:top; font-size:1pt;"><p
style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Franklin
Custodian Funds:</p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:bold; text-decoration:none;">         Examination Period</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin DynaTech Fund </font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Growth Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin Income Fund </font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
U.S. Government Securities Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin Utilities Fund
</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Franklin
ETF Trust:</p></td><td style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Short Duration U.S. Government ETF </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Franklin Floating Rate
Master Trust:</p></td><td style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Floating Rate Income Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Franklin Fund Allocator
Series:</p></td><td style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Conservative Allocation Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin Corefolio Allocation
Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Emerging Market Core Equity (IU) Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin Global Allocation
Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Growth Allocation Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin International Core Equity (IU) Fund </font><font
style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
LifeSmart Retirement Income Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin LifeSmart 2020
Retirement Target Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin LifeSmart 2025 Retirement Target Fund </font><font
style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
LifeSmart 2030 Retirement Target Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin LifeSmart 2035
Retirement Target Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin LifeSmart 2040 Retirement Target Fund </font><font
style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
LifeSmart 2045 Retirement Target Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin LifeSmart 2050
Retirement Target Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin LifeSmart 2055 Retirement Target Fund </font><font
style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
LifeSmart 2060 Retirement Target Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin Moderate Allocation
Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
U.S. Core Equity (IU) Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Franklin Global Trust:</p></td><td
style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt;
font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Emerging Market Debt Opportunities Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin International
Growth Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:10.0pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:bold; text-decoration:none;">Franklin Gold and Precious Metals Fund </font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Franklin
High Income Trust:</p></td><td style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
High Income Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold;
margin-left:10.0pt; text-decoration:none;">Franklin Investors Securities Trust:</p></td><td style="vertical-align:top;
font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin Convertible
Securities Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin Equity Income Fund </font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:41.05pt;
font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">Franklin Floating Rate Daily Access Fund </font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:41.05pt;
font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">Franklin Long Duration Credit Fund </font><font style="font-size:6.5pt; font-family:Arial;
font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p
style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January
1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt;
font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Low Duration Total Return Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr></table>
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<table cellspacing="0" style="border-collapse:collapse" width="100%" cellpadding="2" style="clear:both"><tr
style="font-size:1pt;"><td style="width:61.56%;" >&nbsp;</td><td style="width:38.44%;" >&nbsp;</td></tr><tr><td
style="vertical-align:top; font-size:1pt;"><p style="font-size:6.5pt; font-family:Arial; text-align:left;
font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial;
font-style:normal; font-weight:normal; text-decoration:none;">Franklin Low Duration U.S. Government Securities
Fund</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Managed Income Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin Total Return Fund </font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:10.0pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:bold; text-decoration:none;">Franklin
Limited Duration Income Trust </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Franklin Managed Trust:</p></td><td
style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt;
font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Rising Dividends Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold;
margin-left:10.0pt; text-decoration:none;">Franklin Real Estate Securities Trust:</p></td><td style="vertical-align:top;
font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin Real Estate
Securities Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:10.0pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:bold; text-decoration:none;">Franklin Strategic Mortgage Portfolio </font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Franklin
Strategic Series:</p></td><td style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Biotechnology Discovery Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:41.4pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin Growth Opportunities
Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Natural Resources Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin Small Cap Growth Fund </font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Small-Mid Cap Growth Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin Strategic Income
Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Templeton SMACS: Series E </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin Templeton SMACS:
Series I </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold;
margin-left:10.0pt; text-decoration:none;">Franklin Templeton ETF Trust:</p></td><td style="vertical-align:top;
font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin Exponential
Data ETF </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin Focused Growth ETF </font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
FTSE Eurozone ETF </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin FTSE Japan ETF </font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
FTSE Japan Hedged ETF </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin U.S. Core Bond ETF </font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
U.S. Core Dividend Tilt Index ETF </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin U.S. Equity
Index ETF </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin U.S. Large Cap Multifactor Index ETF </font><font
style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
U.S. Mid Cap Multifactor Index ETF </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin U.S. Small
Cap Multifactor Index ETF </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin U.S. Treasury
Bond ETF </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin Ultra Short Bond ETF </font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Franklin
Templeton Variable Insurance Products Trust:</p></td><td style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin Allocation VIP Fund </font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
DynaTech VIP Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:41.4pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin Income VIP Fund </font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Rising Dividends VIP Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:41.05pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin Small Cap Value
VIP Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Franklin Small-Mid Cap Growth VIP Fund </font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:41.05pt;
font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">Franklin Strategic Income VIP Fund </font><font style="font-size:6.5pt; font-family:Arial;
font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p
style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January
1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt;
font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
VolSmart Allocation VIP Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Templeton Developing
Markets VIP Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Templeton Foreign VIP Fund </font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; color:#000000; font-weight:normal; margin-left:41.4pt;
font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal; color:#000000;
font-weight:normal; text-decoration:none;">Templeton </font><font style="font-size:10.0pt; font-family:Arial;
font-style:normal; color:#212121; font-weight:normal; text-decoration:none;">Global Bond VIP Fund </font><font
style="font-size:6.5pt; font-family:Arial; font-style:normal; color:#000000; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr></table>
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<table cellspacing="0" style="border-collapse:collapse" width="100%" cellpadding="2" style="clear:both"><tr
style="font-size:1pt;"><td style="width:60.4%;" >&nbsp;</td><td style="width:39.6%;" >&nbsp;</td></tr><tr><td
style="vertical-align:top; font-size:1pt;"><p style="font-size:6.5pt; font-family:Arial; text-align:left;
font-weight:normal; margin-left:10.0pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial;
font-style:normal; font-weight:bold; text-decoration:none;">Franklin U.S. Government Money Fund </font><font
style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:10.0pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:bold; text-decoration:none;">Franklin
Universal Trust </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold;
margin-left:10.0pt; text-decoration:none;">Institutional Fiduciary Trust:</p></td><td style="vertical-align:top;
font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Money Market Portfolio
</font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:10.0pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:bold; text-decoration:none;">Templeton
China World Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:10.0pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:bold; text-decoration:none;">Templeton Developing Markets Trust </font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:10.0pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:bold; text-decoration:none;">Templeton
Emerging Markets Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:10.0pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:bold; text-decoration:none;">Templeton Emerging Markets Income Fund </font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Templeton
Funds:</p></td><td style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:36.0pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Templeton
International Climate Change Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Templeton Global Investment
Trust:</p></td><td style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Franklin
Templeton SMACS: Series EM </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt;
font-family:Arial; text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February
29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial;
text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Templeton Emerging Markets
Small Cap Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:41.4pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Templeton Global Balanced Fund </font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Templeton
Income Trust:</p></td><td style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Templeton
Global Bond Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Templeton Global Total Return Fund </font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:40.8pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">Templeton
International Bond Fund </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">Templeton Sustainable Emerging Markets Bond Fund </font><font
style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:bold; margin-left:10.0pt; text-decoration:none;">Templeton
Institutional Funds:</p></td><td style="vertical-align:top; font-size:1pt;" >&nbsp;</td></tr><tr><td
style="vertical-align:top;"><p style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal;
margin-left:40.8pt; font-style:normal;"><font style="font-size:10.0pt; font-family:Arial; font-style:normal;
font-weight:normal; text-decoration:none;">International Equity Series </font><font style="font-size:6.5pt;
font-family:Arial; font-style:normal; font-weight:normal; text-decoration:none;">a</font></p></td><td
style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial; text-align:left; font-weight:normal;
text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr><tr><td style="vertical-align:top;"><p
style="font-size:6.5pt; font-family:Arial; text-align:left; font-weight:normal; margin-left:10.0pt; font-style:normal;"><font
style="font-size:10.0pt; font-family:Arial; font-style:normal; font-weight:bold; text-decoration:none;">Templeton
Dragon Fund, Inc. </font><font style="font-size:6.5pt; font-family:Arial; font-style:normal; font-weight:normal;
text-decoration:none;">a</font></p></td><td style="vertical-align:top;"><p style="font-size:10.0pt; font-family:Arial;
text-align:left; font-weight:normal; text-decoration:none;">January 1, 2024 &#8211; February 29, 2024</p></td></tr></table><p
style="font-size:8.0pt; font-family:Arial; text-align:left; font-weight:bold; margin-left:14.0pt; text-decoration:none;">Legend:</p><p
style="font-size:8.0pt; font-family:Arial; text-align:left; text-indent:-0.05pt; font-weight:normal;
margin-left:14.0pt; text-decoration:none;">a: December 31, 2023 represents the date of our last examination.
</p>
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end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
