0001752724-21-265171.txt : 20211206
0001752724-21-265171.hdr.sgml : 20211206
20211206163947
ACCESSION NUMBER: 0001752724-21-265171
CONFORMED SUBMISSION TYPE: N-CEN
PUBLIC DOCUMENT COUNT: 6
CONFORMED PERIOD OF REPORT: 20210930
FILED AS OF DATE: 20211206
DATE AS OF CHANGE: 20211206
EFFECTIVENESS DATE: 20211206
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: FRANKLIN CUSTODIAN FUNDS
CENTRAL INDEX KEY: 0000038721
IRS NUMBER: 132573775
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0930
FILING VALUES:
FORM TYPE: N-CEN
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-00537
FILM NUMBER: 211473584
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
FORMER COMPANY:
FORMER CONFORMED NAME: FRANKLIN CUSTODIAN FUNDS INC
DATE OF NAME CHANGE: 19920703
0000038721
S000006754
FRANKLIN DYNATECH FUND
C000018321
CLASS A
FKDNX
C000018323
CLASS C
FDYNX
C000066417
ADVISOR CLASS
FDYZX
C000068977
Class R
FDNRX
C000128785
Class R6
FDTRX
0000038721
S000006755
FRANKLIN GROWTH FUND
C000018324
CLASS A
FKGRX
C000018326
CLASS C
FRGSX
C000018327
ADVISOR CLASS
FCGAX
C000018328
CLASS R
FGSRX
C000128786
Class R6
FIFRX
0000038721
S000006756
FRANKLIN INCOME FUND
C000018329
CLASS A1
FKINX
C000018332
CLASS C
FCISX
C000018333
ADVISOR CLASS
FRIAX
C000018334
CLASS R
FISRX
C000128787
Class R6
FNCFX
C000199719
Class A
FKIQX
0000038721
S000006757
FRANKLIN U.S. GOVERNMENT SECURITIES FUND
C000018335
CLASS A1
FKUSX
C000018337
CLASS C
FRUGX
C000018338
ADVISOR CLASS
FUSAX
C000018339
CLASS R
FUSRX
C000128788
Class R6
FGORX
C000199720
Class A
FKFSX
0000038721
S000006758
FRANKLIN UTILITIES FUND
C000018340
CLASS A1
FKUTX
C000018342
CLASS C
FRUSX
C000018343
ADVISOR CLASS
FRUAX
C000018344
CLASS R
FRURX
C000128789
Class R6
FUFRX
C000199721
Class A
FKUQX
0000038721
S000053414
Franklin Focused Growth Fund
C000168044
Advisor Class
FFQZX
C000168045
Class A
FFQBX
C000168046
Class C
FFQCX
C000168047
Class R
FFQRX
C000168048
Class R6
FFQSX
N-CEN
1
primary_doc.xml
X0404
N-CEN
LIVE
0000038721
XXXXXXXX
811-00537
true
false
false
N-1A
S000006758
true
S000006754
true
S000053414
true
S000006757
true
S000006755
true
S000006756
true
FRANKLIN CUSTODIAN FUNDS
811-00537
0000038721
549300PYEMTLTOE2MK86
ONE FRANKLIN PARKWAY
SAN MATEO
94403-1906
US-CA
US
650-312-2000
The Bank of New York Mellon
111 Sanders Creek Parkway
East Syracuse
13057
855-231-1706
Records related to its functions as Custodian
Franklin Templeton Services, LLC
One Franklin Parkway
San Mateo
94403-1906
650-312-2000
Records related to its functions as Administrative manager
Franklin Distributors, LLC
One Franklin Parkway
San Mateo
94403-1906
650-312-2000
Records related to its functions as Principal underwriter
Franklin Advisers, Inc.
One Franklin Parkway
San Mateo
94403-1906
650-312-2000
Records related to its functions as Investment manager
JPMorgan Chase Bank, N.A.
380 Madison Avenue
New York
10017
212-270-6000
Records relating to its functions as Sub-Administrator and Fund Accounting Agent
Franklin Templeton Investor Services, LLC
One Franklin Parkway
San Mateo
94403-1906
650-312-2000
Records related to its functions as Transfer Agent
N
N
N-1A
6
Y
Rupert H. Johnson, Jr.
N/A
Y
Mary C. Choksi
N/A
N
Edith E. Holiday
N/A
N
Terrence J. Checki
N/A
N
Harris J. Ashton
N/A
N
Valerie M. Williams
N/A
N
J. Michael Luttig
N/A
N
Gregory E. Johnson
N/A
Y
Larry D. Thompson
N/A
N
Breda M. Beckerle
N/A
280 Park Avenue
New York
10017
XXXXXX
N
N
N
N
N
N
Franklin Distributors, LLC
8-5889
000000332
N/A
Y
N
PRICEWATERHOUSECOOPERS LLP
238
5493002GVO7EO8RNNS37
N
N
N
N
N
N
Franklin Utilities Fund
S000006758
5493004WS5Z50HMQS896
N
6
0
0
N/A
N
N
Y
N
N
Goldman Sachs Bank USA
KD3XUN7C6T14HNAYLU02
N
N
Revenue sharing split
0.00000000
58.04000000
Rule 32a-4 (17 CFR 270.32a-4)
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 22d-1 (17 CFR 270.22d-1)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
Bloomberg Finance L.P.
5493001KJTIIGC8Y1R12
N
Refinitiv US LLC
549300WQWDPFSMQ8I087
N
IHS Markit Ltd.
549300HLPTRASHS0E726
N
Intercontinental Exchange, Inc.
5493000F4ZO33MV32P92
N
N
The Bank of NY Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
DE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken
F3JS33DEI6XQ4ZBPTN86
SE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The HongKong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
AU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibanamex
2SFFM4FUIE05S37WFU55
MX
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of Tokyo-Mitsubishi UFJ Ltd.
N/A
JP
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
RR3QWICWWIPCS8A4S074
GB
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken
F3JS33DEI6XQ4ZBPTN86
FI
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HongKong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
HK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
BNP Paribas Securities Services
549300WCGB70D06XZS54
FR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank Europe Plc
N1FBEDJ5J41VKZLO2475
BE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HSBC Bank (China) Company Limited
2CZOJRADNJXBLT55G526
CN
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Credit Suisse AG
549300CWR0W0BCS9Q144
CH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Banco Bilbao Vizcaya Argentaria
K8MS7FD7N5Z2WQ51AZ71
ES
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Franklin Templeton Investor Services, LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
The Bank of New York Mellon
N/A
IE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HongKong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
TH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon SA/NV
529900SEOICVR2VM6Y05
NL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon SA/NV
N/A
IT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank Europe Plc
N1FBEDJ5J41VKZLO2475
PT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank AG
529900LKVNEX4SG4UD38
PH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Euroclear Bank
N/A
BE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
DBS Bank Ltd.
ATUEL7OJR5057F2PV266
SG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
CIBC Mellon Trust Company
549300IYUUH221WBZ505
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
DK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HongKong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
LK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Bank of South Africa
QFC8ZCW3Q5PRXU1XTM60
ZA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank Argentina
E57ODZWZ7FF32TWEFA76
AR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Hong Kong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
NZ
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
N
FRANKLIN TEMPLETON INVESTOR SERVICES, LLC
084-01036
Sec File Number
Y
N
N
FRANKLIN TEMPLETON SERVICES, LLC
549300DFD0POOJZ42788
Y
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
N
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Guggenheim Securities, LLC
8-49107
000040638
5493005G25VHYWLYJU59
120116.52000000
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
26724.99000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
44737.38000000
Evercore Group L.L.C.
8-49830
000042405
5493008F0LRLS5N8LZ81
25091.00000000
Mizuho Securities USA LLC
8-37710
000019647
7TK5RJIZDFROZCA6XF66
48098.58000000
Piper Sandler & Co.
8-15204
000000665
549300GRQCWQ3XGH0H10
46646.41000000
Barclays Capital, Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
69542.53999999
Goldman Sachs & Co. LLC
8-00129
000000361
FOR8UP27PHTHYVLBNG30
60779.85000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
45199.75000000
Credit Suisse Securities (USA) LLC
8-00422
000000816
1V8Y6QCX6YMJ2OELII46
29576.25000000
719183.25000000
Merrill Lynch, Pierce, Fenner & Smith Inc.
8-07221
000007691
8NAV47T0Y26Q87Y0QP81
15370000.00000000
THE BANK OF NEWYORK MELON
N/A
N/A
HPFHU0OQ28E4N0NFVK49
59077030.96000000
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
981355563.67999995
Fiduciary Trust Company International
N/A
N/A
N1YKEWO2IYPRS4742F57
600.01000000
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
20163856.19000000
1075967050.83999990
Y
6304441890.76000020
Committed
2675000000.00000000
N
N
N
N
Franklin DynaTech Fund
S000006754
549300ZT4KNXE58HPQ47
N
5
0
0
N/A
N
N
Y
N
N
BNY Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Revenue sharing split
98255240.30000000
1491554.00000000
Rule 22d-1 (17 CFR 270.22d-1)
Rule 32a-4 (17 CFR 270.32a-4)
Rule 12d1-1 (17 CFR 270.12d1-1)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
Refinitiv US LLC
549300WQWDPFSMQ8I087
N
Bloomberg Finance L.P.
5493001KJTIIGC8Y1R12
N
Intercontinental Exchange, Inc.
5493000F4ZO33MV32P92
N
IHS Markit Ltd.
549300HLPTRASHS0E726
N
N
The Bank of NY Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
DE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank Europe Plc
N1FBEDJ5J41VKZLO2475
PT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon SA/NV
N/A
IT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Credit Suisse AG
549300CWR0W0BCS9Q144
CH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The HongKong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
NZ
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HongKong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
HK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank Argentina
E57ODZWZ7FF32TWEFA76
AR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Euroclear Bank
N/A
BE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Hongkong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
TH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibanamex
2SFFM4FUIE05S37WFU55
MX
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken
F3JS33DEI6XQ4ZBPTN86
FI
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
BNP Paribas Securities Services
549300WCGB70D06XZS54
FR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
N/A
IE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank AG
529900LKVNEX4SG4UD38
ID
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank, N.A.
E57ODZWZ7FF32TWEFA76
BR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
DK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken
F3JS33DEI6XQ4ZBPTN86
SE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Hongkong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
LK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank Europe Plc
N1FBEDJ5J41VKZLO2475
BE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HSBC Bank (China) Company Limited
2CZOJRADNJXBLT55G526
CN
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
NO
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Franklin Templeton Investor Services, LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
Deutsche Bank AG
529900LKVNEX4SG4UD38
PH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
RR3QWICWWIPCS8A4S074
GB
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank AG
529900LKVNEX4SG4UD38
IN
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon SA/NV
529900SEOICVR2VM6Y05
NL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
The Bank of Tokyo-Mitsubishi UFJ Ltd.
N/A
JP
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
CIBC Mellon Trust Company
549300IYUUH221WBZ505
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The HongKong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
AU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Banco Bilbao Vizcaya Argentaria
K8MS7FD7N5Z2WQ51AZ71
ES
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank AG
529900LKVNEX4SG4UD38
KR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
DBS Bank Ltd
ATUEL7OJR5057F2PV266
SG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Bank of South Africa
QFC8ZCW3Q5PRXU1XTM60
ZA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
N
FRANKLIN TEMPLETON INVESTOR SERVICES, LLC
084-01036
Sec File Number
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
FRANKLIN TEMPLETON SERVICES, LLC
549300DFD0POOJZ42788
Y
N
N
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
298664.81000000
Evercore Group L.L.C.
8-49830
000042405
5493008F0LRLS5N8LZ81
173522.21000000
Virtu Americas LLC
8-68193
000149823
549300RA02N3BNSWBV74
336187.75000000
UBS Securities LLC
8-22651
000007654
T6FIZBDPKLYJKFCRVK44
130820.01000000
Sanford C. Bernstein & Co., LLC
8-52942
000104474
549300I7JYZHT7D5CO04
108322.96000000
JonesTrading Institutional Services LLC
8-26089
000006888
2138008JJ5PA8H5UIL69
108661.00000000
Goldman Sachs & Co. LLC
8-00129
000000361
FOR8UP27PHTHYVLBNG30
359298.14000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
234529.68000000
Instinet, LLC
8-23669
000007897
549300MGMN3RKMU8FT57
121525.48000000
Barclays Capital, Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
112112.69000000
3251970.86000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
60686804.72999999
Merrill Lynch, Pierce, Fenner & Smith Inc.
8-07221
000007691
8NAV47T0Y26Q87Y0QP81
23647833.60000000
Barclays Capital, Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
14438068.96000000
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
10399740059.82000000
THE BANK OF NEWYORK MELON
N/A
N/A
HPFHU0OQ28E4N0NFVK49
492842421.30000000
National Australia Bank Limited, New York Branch
N/A
N/A
549300E2IPL06NDXMZ63
133264311.34999999
Goldman Sachs & Co. LLC
8-00129
000000361
FOR8UP27PHTHYVLBNG30
301504600.00000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
3231962.65000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
206896100.00000000
Fiduciary Trust Company International
N/A
N/A
N1YKEWO2IYPRS4742F57
12475.13000000
11636264637.54000100
Y
24289107728.37000000
Committed
2675000000.00000000
N
N
N
N
Franklin Focused Growth Fund
S000053414
549300PRJOZI51M13V96
N
5
0
0
N/A
N
N
N
N
N/A
0.00000000
0.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Rule 22d-1 (17 CFR 270.22d-1)
Rule 12d1-1 (17 CFR 270.12d1-1)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
IHS Markit Ltd.
549300HLPTRASHS0E726
N
Refinitiv US LLC
549300WQWDPFSMQ8I087
N
Intercontinental Exchange, Inc.
5493000F4ZO33MV32P92
N
Bloomberg Finance L.P.
5493001KJTIIGC8Y1R12
N
N
DBS Bank Ltd.
ATUEL7OJR5057F2PV266
SG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of Tokyo-Mitsubishi UFJ Ltd.
N/A
JP
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon SA/NV
529900SEOICVR2VM6Y05
NL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken
F3JS33DEI6XQ4ZBPTN86
SE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank Europe Plc
N1FBEDJ5J41VKZLO2475
BE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Credit Suisse AG
549300CWR0W0BCS9Q144
CH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Euroclear Bank
N/A
BE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
N/A
IE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Intesa Sanpaolo S.p.A
2W8N8UU78PMDQKZENC08
IT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of NY Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
DE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
NO
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
BNP Paribas Securities Services
549300WCGB70D06XZS54
FR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank AG
529900LKVNEX4SG4UD38
ID
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The HongKong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
NZ
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank, N.A.
E57ODZWZ7FF32TWEFA76
BR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The HongKong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
AU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Hongkong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
LK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Banco Bilbao Vizcaya Argentaria
K8MS7FD7N5Z2WQ51AZ71
ES
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
DK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibanamex
2SFFM4FUIE05S37WFU55
MX
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Franklin Templeton Investor Services, LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
The Bank of New York Mellon
RR3QWICWWIPCS8A4S074
GB
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HongKong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
HK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken
F3JS33DEI6XQ4ZBPTN86
FI
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Bank of South Africa
QFC8ZCW3Q5PRXU1XTM60
ZA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Hongkong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
TH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Deutsche Bank AG
529900LKVNEX4SG4UD38
KR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
CIBC Mellon Trust Company
549300IYUUH221WBZ505
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HSBC Bank (China) Company Limited
2CZOJRADNJXBLT55G526
CN
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank Europe Plc
N1FBEDJ5J41VKZLO2475
PT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank AG
529900LKVNEX4SG4UD38
PH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
N
FRANKLIN TEMPLETON INVESTOR SERVICES, LLC
084-01036
Sec File Number
Y
N
N
FRANKLIN TEMPLETON SERVICES, LLC
549300DFD0POOJZ42788
Y
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
N
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
866.04000000
Jefferies LLC
8-15074
000002347
58PU97L1C0WSRCWADL48
758.20000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
731.19000000
Goldman Sachs & Co. LLC
8-00129
000000361
FOR8UP27PHTHYVLBNG30
502.69000000
Raymond James & Associates, Inc.
8-10999
000000705
U4ONQX15J3RO8XCKE979
442.77000000
Sanford C. Bernstein & Co., LLC
8-52942
000104474
549300I7JYZHT7D5CO04
395.35000000
Cowen and Company
8-22522
000007616
549300WR155U7DVMIW58
721.99000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
1118.70000000
Rosenblatt Securities Inc.
8-24255
000018377
549300KXQP6H4QO07E91
572.73000000
Virtu Americas LLC
8-68193
000149823
549300RA02N3BNSWBV74
524.22000000
8409.49000000
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
131272289.61000000
Barclays Capital, Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
51862.95000000
THE BANK OF NEWYORK MELON
N/A
N/A
HPFHU0OQ28E4N0NFVK49
4471958.59000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
18290.16000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
113419.50000000
Goldman Sachs & Co. LLC
8-00129
000000361
FOR8UP27PHTHYVLBNG30
573800.00000000
Fiduciary Trust Company International
N/A
N/A
N1YKEWO2IYPRS4742F57
119.41000000
Merrill Lynch, Pierce, Fenner & Smith Inc.
8-07221
000007691
8NAV47T0Y26Q87Y0QP81
60195.74000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
259400.00000000
136821335.96000001
Y
83443319.93000000
Committed
2675000000.00000000
N
N
N
N
Franklin U.S. Government Securities Fund
S000006757
54930004V2YVWZM45R57
N
6
0
0
N/A
N
N
Y
N
BNY Mellon
HPFHU0OQ28E4N0NFVK49
N
N
N/A
0.00000000
0.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Rule 22d-1 (17 CFR 270.22d-1)
Rule 12d1-1 (17 CFR 270.12d1-1)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
IHS Markit Ltd.
549300HLPTRASHS0E726
N
Intercontinental Exchange, Inc.
5493000F4ZO33MV32P92
N
Bloomberg Finance L.P.
5493001KJTIIGC8Y1R12
N
Refinitiv US LLC
549300WQWDPFSMQ8I087
N
N
Franklin Templeton Investor Services LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
N
FRANKLIN TEMPLETON INVESTOR SERVICES, LLC
084-01036
Sec File Number
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
FRANKLIN TEMPLETON SERVICES, LLC
549300DFD0POOJZ42788
Y
N
N
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
0.00000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
71606700.00000000
Goldman Sachs & Co. LLC
8-00129
000000361
FOR8UP27PHTHYVLBNG30
46011563.53999999
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
1748373004.48000000
Fiduciary Trust Company International
N/A
N/A
N1YKEWO2IYPRS4742F57
9162.00000000
Barclays Capital, Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
992056557.00999999
THE BANK OF NEWYORK MELON
N/A
N/A
HPFHU0OQ28E4N0NFVK49
84627310.55000000
Nomura Securities International, Inc.
8-15255
000004297
OXTKY6Q8X53C9ILVV871
2147907289.61000010
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
186164838.09000000
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
2202845034.38999990
BMO Capital Markets Corp.
8-34344
000016686
RUC0QBLBRPRCU4W1NE59
1636135539.66000010
10365011734.11000100
N
5056020775.59000020
Committed
2675000000.00000000
N
N
N
N
Franklin Growth Fund
S000006755
549300HNBBCTK2YQED48
N
5
0
0
N/A
N
N
Y
N
N
BNY Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Revenue sharing split
63312454.89999999
471851.00000000
Rule 22d-1 (17 CFR 270.22d-1)
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
Refinitiv US LLC
549300WQWDPFSMQ8I087
N
Intercontinental Exchange, Inc.
5493000F4ZO33MV32P92
N
Bloomberg Finance L.P.
5493001KJTIIGC8Y1R12
N
IHS Markit Ltd.
549300HLPTRASHS0E726
N
N
Citibank Europe Plc
N1FBEDJ5J41VKZLO2475
BE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
DBS Bank Ltd.
ATUEL7OJR5057F2PV266
SG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
HongKong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
HK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
BNP Paribas Securities Services
549300WCGB70D06XZS54
FR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon SA/NV
N/A
IT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Euroclear Bank
N/A
BE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of NY Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
DE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken
F3JS33DEI6XQ4ZBPTN86
SE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibanamex
2SFFM4FUIE05S37WFU55
MX
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank Europe Plc
N1FBEDJ5J41VKZLO2475
PT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
N/A
IE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Hongkong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
LK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
DK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken
F3JS33DEI6XQ4ZBPTN86
FI
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Credit Suisse AG
549300CWR0W0BCS9Q144
CH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of Tokyo-Mitsubishi UFJ Ltd
N/A
JP
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HSBC Bank (China) Company Limited
2CZOJRADNJXBLT55G526
CN
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon SA/NV
529900SEOICVR2VM6Y05
NL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
CIBC Mellon Trust Company
549300IYUUH221WBZ505
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The HongKong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
NZ
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank AG
529900LKVNEX4SG4UD38
PH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Hongkong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
TH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The HongKong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
AU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank Argentina
E57ODZWZ7FF32TWEFA76
AR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Bank of South Africa
QFC8ZCW3Q5PRXU1XTM60
ZA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
RR3QWICWWIPCS8A4S074
GB
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Banco Bilbao Vizcaya Argentaria
K8MS7FD7N5Z2WQ51AZ71
ES
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Franklin Templeton Investor Services, LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
Deutsche Bank AG
529900LKVNEX4SG4UD38
ID
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
N
FRANKLIN TEMPLETON INVESTOR SERVICES, LLC
084-01036
Sec File Number
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
FRANKLIN TEMPLETON SERVICES, LLC
549300DFD0POOJZ42788
Y
N
N
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Rosenblatt Securities Inc.
8-24255
000018377
549300KXQP6H4QO07E91
47574.81000000
Goldman Sachs & Co. LLC
8-00129
000000361
FOR8UP27PHTHYVLBNG30
91273.35000000
Virtu Americas LLC
8-68193
000149823
549300RA02N3BNSWBV74
93393.18000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
65898.64000000
JonesTrading Institutional Services LLC
8-26089
000006888
2138008JJ5PA8H5UIL69
25762.39000000
Evercore Group L.L.C.
8-49830
000042405
5493008F0LRLS5N8LZ81
76245.44000000
Credit Suisse Securities (USA) LLC
8-00422
000000816
1V8Y6QCX6YMJ2OELII46
79945.75999999
Liquidnet, Inc.
8-52461
000103987
213800HSKBBO1GCVRG79
35606.48000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
59357.33000000
State Street Global Markets, LLC
8-69862
000285852
549300FDEDF5ORXCMQ56
29162.55000000
705503.52000000
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
4195262857.80999990
Fiduciary Trust Company International
N/A
N/A
N1YKEWO2IYPRS4742F57
8446.70999999
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
73362673.43999999
Barclays Capital, Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
12862011.53999999
Merrill Lynch, Pierce, Fenner & Smith Inc.
8-07221
000007691
8NAV47T0Y26Q87Y0QP81
5736200.00000000
THE BANK OF NEWYORK MELON
N/A
N/A
HPFHU0OQ28E4N0NFVK49
215049177.20000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
35916950.00000000
Direct Investment India
N/A
N/A
N/A
IN
85606051.56000000
Goldman Sachs & Co. LLC
8-00129
000000361
FOR8UP27PHTHYVLBNG30
38784500.00000000
4662588868.27999970
Y
20931011188.52999900
Committed
2675000000.00000000
N
N
N
N
Franklin Income Fund
S000006756
2I64NSETYA60QJ4H0C97
N
6
0
0
N/A
N
N
Y
N
N
BNY Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Revenue sharing split
35128209.79999999
166630.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Rule 22d-1 (17 CFR 270.22d-1)
Rule 17a-7 (17 CFR 270.17a-7)
Rule 12d1-1 (17 CFR 270.12d1-1)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
Intercontinental Exchange, Inc.
5493000F4ZO33MV32P92
N
IHS Markit Ltd.
549300HLPTRASHS0E726
N
Refinitiv US LLC
549300WQWDPFSMQ8I087
N
Bloomberg Finance L.P.
5493001KJTIIGC8Y1R12
N
N
HSBC Bank (China) Company Limited
2CZOJRADNJXBLT55G526
CN
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Hongkong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
TH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank Europe Plc
N1FBEDJ5J41VKZLO2475
BE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
CIBC Mellon Trust Company
549300IYUUH221WBZ505
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank AG
529900LKVNEX4SG4UD38
PH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken
F3JS33DEI6XQ4ZBPTN86
FI
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Euroclear Bank
N/A
BE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The HongKong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
AU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon SA/NV
529900SEOICVR2VM6Y05
NL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The HongKong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
NZ
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
DBS Bank Ltd.
ATUEL7OJR5057F2PV266
SG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of NY Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
DE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank, N.A. Sucursal de Lima San Isidro
MYTK5NHHP1G8TVFGT193
PE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Standard Bank of South Africa
QFC8ZCW3Q5PRXU1XTM60
ZA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank Argentina
E57ODZWZ7FF32TWEFA76
AR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
RR3QWICWWIPCS8A4S074
GB
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of Tokyo-Mitsubishi UFJ Ltd.
N/A
JP
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HongKong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
HK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Franklin Templeton Investor Services, LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
BNP Paribas Securities Services
549300WCGB70D06XZS54
FR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken
F3JS33DEI6XQ4ZBPTN86
SE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibanamex
2SFFM4FUIE05S37WFU55
MX
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
N/A
IE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank, N.A.
E57ODZWZ7FF32TWEFA76
BR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Credit Suisse AG
549300CWR0W0BCS9Q144
CH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Hongkong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
LK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
DK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon SA/NV
N/A
IT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Banco Bilbao Vizcaya Argentaria
K8MS7FD7N5Z2WQ51AZ71
ES
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank Europe Plc
N1FBEDJ5J41VKZLO2475
PT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
N
FRANKLIN TEMPLETON INVESTOR SERVICES, LLC
084-01036
Sec File Number
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
FRANKLIN TEMPLETON SERVICES, LLC
549300DFD0POOJZ42788
Y
N
N
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Credit Suisse Securities (USA) LLC
8-00422
000000816
1V8Y6QCX6YMJ2OELII46
3629585.10000000
Sanford C. Bernstein & Co., LLC
8-52942
000104474
549300I7JYZHT7D5CO04
1547402.48000000
Rosenblatt Securities Inc.
8-24255
000018377
549300KXQP6H4QO07E91
2575908.16000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
1644355.76000000
Liquidnet, Inc.
8-52461
000103987
213800HSKBBO1GCVRG79
1360230.75000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
1704497.15000000
UBS Securities LLC
8-22651
000007654
T6FIZBDPKLYJKFCRVK44
1433029.80000000
Merrill Lynch, Pierce, Fenner & Smith Inc.
8-07221
000007691
8NAV47T0Y26Q87Y0QP81
1875142.34000000
Virtu Americas LLC
8-68193
000149823
549300RA02N3BNSWBV74
2879379.55000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
1662777.45000000
28448888.12000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
5027665388.46000000
Credit Suisse Securities (USA) LLC
8-00422
000000816
1V8Y6QCX6YMJ2OELII46
4480360958.73999980
BNP Paribas Securities Corp.
8-32682
000015794
RCNB6OTYUAMMP879YW96
2842613166.34999990
BofA Securities, Inc.
8-69787
000283942
549300HN4UKV1E2R3U73
1911623303.21000000
Goldman Sachs & Co. LLC
8-00129
000000361
FOR8UP27PHTHYVLBNG30
5350028022.93999960
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
49650513298.36000100
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
4028908852.34000020
Societe Generale
N/A
N/A
O2RNE8IBXP4R0TD8PU41
FR
1709300540.83999990
Barclays Capital, Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
3267422860.34999990
Merrill Lynch, Pierce, Fenner & Smith Inc.
8-07221
000007691
8NAV47T0Y26Q87Y0QP81
2281297786.82999990
91440681532.22000100
Y
70372630103.80000300
Committed
2675000000.00000000
N
N
N
N
false
false
true
false
true
false
EXEMPT ORDER INFO
2
IC-15534.txt
SEC Releases, In the Matter of Age High Income Fund, Inc., et al.,
777 Mariners Island Boulevard, San Mateo, CA 94404, Securities and
Exchange Commission, (Jan. 13, 1987)
SEC Releases
Click to open document in a browser
37 SEC-DOCKET 569-02
Release No. IC-15534
File No. 812-6505
January 13, 1987
ORDER PERMITTING JOINT TRADING ACCOUNTS
AGE High Income Fund, Inc; Birr, Wilson Money Fund; Franklin
California Tax-Free Income Fund, Inc.; Franklin New York Tax-Free
Income Fund, Inc; Franklin California Tax-Free Trust; Franklin
Tax-Free Trust; Franklin Corporate Cash Management Fund; Franklin
Custodian Funds, Inc; Franklin Equity Fund; Franklin Federal Money
Fund; Franklin Federal Tax-Free Income Fund; Franklin Gold Fund;
Franklin Money Fund; Franklin Option Fund; Franklin Tax-Exempt Money
Fund; Franklin New York Tax-Exempt Money Fund; Franklin
Pennsylvania Investors Fund; and Institutional Fiduciary Trust
("Funds") and Franklin Advisers, Inc., filed an application on
October 17, 1986, and an amendment thereto on November 24,
1986, requesting an order of the Commission under Section 17(d)
of the Investment Company Act of 1940 ("Act") and Rule 17d-1
thereunder to permit the Funds, as well as future investment
companies for which subsidiaries or affiliates of Franklin
Resources, Inc. serve as investment managers, to deposit
their cash balances remaining uninvested at the end of each
trading day into a single joint account whose daily balance
would be used to enter into one or more repurchase agreements
in a total amount equal to the aggregate daily balance in
the account ("Joint Accounts").
On December 17, 1986, a notice was issued (Investment Company
Act Release No. 15485) of the filing of the application. The
notice gave interested persons an opportunity to request a
hearing and stated that an order disposing of the application
would be issued as of course unless a hearing should be ordered.
No request for a hearing has been filed, and the Commission has
not ordered a hearing.
The matter having been considered, it is found that the
participation of the Funds in the Joint Accounts is consistent
with the provisions, policies and purposes of the Act and that
their participation in the Joint Accounts is not on a basis less
advantageous than that of any other participant. Accordingly,
IT IS ORDERED, pursuant to Section 17(d) of the Act and Rule 17d-1
thereunder that the application to permit the Funds to participate
in the Joint Accounts as described in the application, be, and
hereby is granted, effective forthwith.
For the Commission, by the Division of Investment Management,
under delegated authority.
Jonathan G. Katz
Secretary
INTERNAL CONTROL RPT
3
NCEN-FCF.txt
Report of Independent Registered Public Accounting
Firm
To the Board of Trustees of Franklin Custodian Funds and
Shareholders of Franklin DynaTech Fund, Franklin Focused
Growth Fund, Franklin Growth Fund, Franklin Income Fund,
Franklin U.S. Government Securities Fund, and Franklin Utilities
Fund
In planning and performing our audits of the financial statements
of Franklin DynaTech Fund, Franklin Focused Growth Fund,
Franklin Growth Fund, Franklin Income Fund, Franklin U.S.
Government Securities Fund, and Franklin Utilities Fund
(collectively referred to as the "Funds") as of and for the year
ended September 30, 2021, in accordance with the standards of
the Public Company Accounting Oversight Board (United States)
(PCAOB), we considered the Funds' internal control over financial
reporting, including controls over safeguarding securities, as a
basis for designing our auditing procedures for the purpose of
expressing our opinion on the financial statements and to comply
with the requirements of Form N-CEN, but not for the purpose of
expressing an opinion on the effectiveness of the Funds' internal
control over financial reporting. Accordingly, we do not express
an opinion on the effectiveness of the Funds' internal control over
financial reporting.
The management of the Funds is responsible for establishing and
maintaining effective internal control over financial reporting. In
fulfilling this responsibility, estimates and judgments by
management are required to assess the expected benefits and
related costs of controls. A company's internal control over
financial reporting is a process designed to provide reasonable
assurance regarding the reliability of financial reporting and the
preparation of financial statements for external purposes in
accordance with generally accepted accounting principles. A
company's internal control over financial reporting includes those
policies and procedures that (1) pertain to the maintenance of
records that, in reasonable detail, accurately and fairly reflect the
transactions and dispositions of the assets of the company; (2)
provide reasonable assurance that transactions are recorded as
necessary to permit preparation of financial statements in
accordance with generally accepted accounting principles, and
that receipts and expenditures of the company are being made
only in accordance with authorizations of management and
directors of the company; and (3) provide reasonable assurance
regarding prevention or timely detection of unauthorized
acquisition, use or disposition of a company's assets that could
have a material effect on the financial statements.
Because of its inherent limitations, internal control over financial
reporting may not prevent or detect misstatements. Also,
projections of any evaluation of effectiveness to future periods are
subject to the risk that controls may become inadequate because of
changes in conditions, or that the degree of compliance with the
policies or procedures may deteriorate.
A deficiency in internal control over financial reporting exists
when the design or operation of a control does not allow
management or employees, in the normal course of performing
their assigned functions, to prevent or detect misstatements on a
timely basis. A material weakness is a deficiency, or a combination
of deficiencies, in internal control over financial reporting, such
that there is a reasonable possibility that a material misstatement
of the company's annual or interim financial statements will not be
prevented or detected on a timely basis.
Our consideration of the Funds' internal control over financial
reporting was for the limited purpose described in the first
paragraph and would not necessarily disclose all deficiencies in
internal control over financial reporting that might be material
weaknesses under standards established by the PCAOB. However,
we noted no deficiencies in the Funds' internal control over
financial reporting and its operation, including controls over
safeguarding securities, that we consider to be a material weakness
as defined above as of September 30, 2021.
This report is intended solely for the information and use of the
Board of Trustees of Franklin Custodian Funds and the Securities
and Exchange Commission and is not intended to be and should
not be used by anyone other than these specified parties.
/s/PricewaterhouseCoopers LLP
San Francisco, California
November 16, 2021
EXEMPT ORDER INFO
4
IC-30698.txt
UNITED STATES OF AMERICA
BEFORE THE
SECURITIES AND EXCHANGE COMMISSION
INVESTMENT COMPANY ACT OF 1940 Release No. 30698 / September 24,
2013
In the Matter of
FRANKLIN TEMPLETON INTERNATIONAL TRUST FRANKLIN TEMPLETON VARIABLE
INSURANCE PRODUCTS
TRUST
TEMPLETON INCOME TRUST
TEMPLETON GLOBAL INVESTMENT TRUST FRANKLIN ALTERNATIVE STRATEGIES
FUNDS
K2/D&S MANAGEMENT CO., L.L.C. TEMPLETON ASSET MANAGEMENT LTD.
FRANKLIN ADVISERS, INC. One Franklin Parkway
San Mateo, CA 94403-1906
(File No. 812-14167)
ORDER UNDER SECTION 6(c) OF THE INVESTMENT COMPANY ACT OF 1940
GRANTING AN EXEMPTION FROM SECTION 15(a) OF THE ACT AND RULE 18f-2
UNDER THE ACT AND CERTAIN DISCLOSURE REQUIREMENTS
Franklin Templeton International Trust, Franklin Templeton Variable
Insurance Products Trust,
Templeton Income Trust, Templeton Global Investment Trust, Franklin
Alternative Strategies
Funds, K2/D&S Management Co., L.L.C., Templeton Asset Management
Ltd., and Franklin
Advisers, Inc. filed an application on June 13, 2013, and an
amendment
to the application on
August 27, 2013, requesting an order under section 6(c) of the
Investment Company Act of 1940
(the "Act") for an exemption from section 15(a) of the Act and
rule 18f-2 under the Act, as well
as from certain disclosure requirements. The order supersedes a
prior order1 and permits
applicants to enter into and materially amend subadvisory agreements
without shareholder
approval and also grants relief from certain disclosure
requirements.
1 Franklin Advisers, Inc. and Franklin Templeton International
Trust, Investment Company Act Release Nos.
30105 (Jun. 18, 2012) (notice) and 30138 (Jul. 17, 2012) (order).
2
On August 27, 2013, a notice of the filing of the application was
issued (Investment Company
Act Release No. 30679. The notice gave interested persons an
opportunity to request a hearing
and stated that an order granting the application would be issued
unless a hearing was ordered.
No request for a hearing has been filed, and the Commission has
not ordered a hearing.
The matter has been considered and it is found, on the basis of
the information set forth in the
application, as amended, that granting the requested exemption is
appropriate in the public
interest and consistent with the protection of investors and the
purposes fairly intended by the
policy and provisions of the Act.
Accordingly,
IT IS ORDERED, under section 6(c) of the Act, that the relief
requested by Franklin Templeton
International Trust, et al. (File No. 812-14167) is granted,
effective immediately, subject to the
conditions contained in the application, as amended.
For the Commission, by the Division of Investment Management,
under delegated authority.
Kevin M. O'Neill
Deputy Secretary
EXEMPT ORDER INFO
5
IC-32722.txt
UNITED STATES OF AMERICA
BEFORE THE
SECURITIES AND EXCHANGE COMMISSION
INVESTMENT COMPANY ACT OF 1940
Release no. 32722/July 3, 2017
________________________________________________
In the Matter of :
:
Franklin Fund Allocator Series :
Franklin Advisers, Inc. :
Franklin Templeton Distributors, Inc. :
:
One Franklin Parkway :
San Mateo, CA 94403 :
:
(812-14611) :
________________________________________________:
ORDER UNDER SECTION 12(d)(1)(J) OF THE INVESTMENT COMPANY ACT OF
1940 GRANTING AN EXEMPTION FROM SECTIONS 12(d)(1)(A), (B), AND
(C) OF THE ACT, UNDER SECTIONS 6(c) AND 17(b) OF THE ACT
GRANTING AN EXEMPTION FROM SECTION 17(a) OF THE ACT, AND UNDER
SECTION 6(C) OF THE ACT FOR AN EXEMPTION FROM RULE 12d1-2(a)
UNDER THE ACT
Franklin Fund Allocator Series, Franklin Advisers, Inc., and
Franklin Templeton Distributors, Inc. filed an application
on February 9, 2016, and an amendment to the application on
May 23, 2017, requesting an order under section 12(d)(1)(J)
of the Investment Company Act of 1940 (the "Act") granting
an exemption from sections 12(d)(1)(A), (B), and (C) of the
Act, under sections 6(c) and 17(b) of the Act granting an
exemption from section 17(a) of the Act, and under section
6(c) of the Act for an exemption from rule 12d1-2(a) under
the Act. The order would permit (a) certain registered open-end
management investment companies that operate as "funds of funds"
to acquire shares of certain registered open-end management
investment companies, registered closed-end management investment
companies, "business development companies," as defined by section
2(a)(48) of the Act, and registered unit investment trusts that
are within and outside the same group of investment companies as
the acquiring investment companies and (b) certain registered
open-end management investment companies relying on rule 12d1-2
under the Act to invest in certain financial instruments.
On June 5, 2017, a notice of the filing of the application was
issued (Investment Company Act Release No. 32669). The notice
gave interested persons an opportunity to request a hearing
and stated that an order granting the application would be
issued unless a hearing was ordered. No request for a hearing
has been filed, and the Commission has not ordered a hearing.
2
The matter has been considered and it is found, on the basis
of the information set forth in the application, as amended,
that granting the requested exemption is appropriate in and
consistent with the public interest and consistent with the
protection of investors and the purposes fairly intended by
the policy and provisions of the Act.
It is also found that the terms of the proposed transactions
are reasonable and fair and do not involve overreaching, and
the proposed transactions are consistent with the policies of
each registered investment company concerned and with the
general purposes of the Act.
Accordingly,
IT IS ORDERED, that the relief requested under section 12(d)(1)(J)
of the Act from sections 12(d)(1)(A), (B), and (C) of the Act,
under sections 6(c) and 17(b) of the Act from section 17(a) of
the Act, and under section 6(c) of the Act for an exemption from
rule 12d1-2(a) under the Act by Franklin Fund Allocator Series,
et al. (File No. 812-14611) is granted, effective immediately,
subject to the conditions contained in the application, as amended.
For the Commission, by the Division of Investment Management,
under delegated authority.
Eduardo Aleman
Assistant Secretary
EXEMPT ORDER INFO
6
IC-33117.txt
UNITED STATES OF AMERICA
BEFORE THE
SECURITIES AND EXCHANGE COMMISSION
INVESTMENT COMPANY ACT OF 1940
Release No. 33117 / June 5, 2018
__________________________________________________________________
In the Matter of :
:
FRANKLIN ALTERNATIVE STRATEGIES FUNDS :
FRANKLIN CALIFORNIA TAX-FREE INCOME FUND :
FRANKLIN CALIFORNIA TAX-FREE TRUST :
FRANKLIN CUSTODIAN FUNDS :
FRANKLIN ETF TRUST :
FRANKLIN FEDERAL TAX-FREE INCOME FUND :
FRANKLIN FLOATING RATE MASTER TRUST :
FRANKLIN FUND ALLOCATOR SERIES :
FRANKLIN GLOBAL TRUST :
FRANKLIN GOLD AND PRECIOUS METALS FUND :
FRANKLIN HIGH INCOME TRUST :
FRANKLIN INVESTORS SECURITIES TRUST :
FRANKLIN MANAGED TRUST :
FRANKLIN U.S. GOVERNMENT MONEY FUND :
FRANKLIN MUNICIPAL SECURITIES TRUST :
FRANKLIN MUTUAL SERIES FUNDS :
FRANKLIN NEW YORK TAX-FREE INCOME FUND :
FRANKLIN NEW YORK TAX-FREE TRUST :
FRANKLIN REAL ESTATE SECURITIES TRUST :
FRANKLIN STRATEGIC MORTGAGE PORTFOLIO :
FRANKLIN STRATEGIC SERIES :
FRANKLIN TAX-FREE TRUST :
FRANKLIN TEMPLETON ETF TRUST :
FRANKLIN TEMPLETON GLOBAL TRUST :
FRANKLIN TEMPLETON INTERNATIONAL TRUST :
FRANKLIN TEMPLETON MONEY FUND TRUST :
FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST :
FRANKLIN VALUE INVESTORS TRUST :
INSTITUTIONAL FIDUCIARY TRUST :
TEMPLETON CHINA WORLD FUND :
TEMPLETON DEVELOPING MARKETS TRUST :
TEMPLETON FUNDS :
TEMPLETON GLOBAL INVESTMENT TRUST :
TEMPLETON GLOBAL OPPORTUNITIES TRUST :
TEMPLETON GLOBAL SMALLER COMPANIES FUND :
TEMPLETON GROWTH FUND, INC. :
TEMPLETON INCOME TRUST :
TEMPLETON INSTITUTIONAL FUNDS :
THE MONEY MARKET PORTFOLIOS :
FRANKLIN LIMITED DURATION INCOME TRUST :
2
FRANKLIN UNIVERSAL TRUST :
TEMPLETON DRAGON FUND, INC. :
TEMPLETON EMERGING MARKETS FUND :
TEMPLETON EMERGING MARKETS INCOME FUND :
TEMPLETON GLOBAL INCOME FUND :
FRANKLIN ADVISERS, INC. :
FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED :
K2/D&S MANAGEMENT CO., L.L.C. :
FASA LLC :
FRANKLIN TEMPLETON INSTITUTIONAL, LLC :
FRANKLIN ADVISORY SERVICES, LLC :
FRANKLIN MUTUAL ADVISERS, LLC :
TEMPLETON INVESTMENT COUNSEL, LLC :
TEMPLETON ASSET MANAGEMENT LTD. :
TEMPLETON GLOBAL ADVISORS LIMITED :
:
One Franklin Parkway :
San Mateo, CA 94403 :
:
(812-14819) :
__________________________________________________________________:
ORDER UNDER SECTION 6(c) OF THE INVESTMENT COMPANY ACT OF 1940
GRANTING AN EXEMPTION FROM SECTIONS 18(f) AND 21(b) OF THE ACT;
UNDER
SECTION 12(d)(1)(J) OF THE ACT GRANTING AN EXEMPTION FROM SECTION
12(d)(1) OF THE ACT; UNDER SECTIONS 6(c) AND 17(b) OF THE ACT
GRANTING AN
EXEMPTION FROM SECTIONS 17(a)(1), 17(a)(2), AND 17(a)(3) OF THE
ACT; AND
UNDER SECTION 17(d) OF THE ACT AND RULE 17d-1 UNDER THE ACT TO
PERMIT
CERTAIN JOINT ARRANGEMENTS AND TRANSACTIONS
Franklin Alternative Strategies Funds, Franklin California Tax-Free
Income Fund, Franklin
California Tax-Free Trust, Franklin Custodian Funds, Franklin ETF
Trust, Franklin Federal Tax-
Free Income Fund, Franklin Floating Rate Master Trust, Franklin Fund
Allocator Series, Franklin
Global Trust, Franklin Gold and Precious Metals Fund, Franklin High
Income Trust, Franklin
Investors Securities Trust, Franklin Managed Trust, Franklin U.S.
Government Money Fund,
Franklin Municipal Securities Trust, Franklin Mutual Series Funds,
Franklin New York Tax-Free
Income Fund, Franklin New York Tax-Free Trust, Franklin Real Estate
Securities Trust, Franklin
Strategic Mortgage Portfolio, Franklin Strategic Series, Franklin
Tax-Free Trust, Franklin
Templeton ETF Trust, Franklin Templeton Global Trust, Franklin
Templeton International Trust,
Franklin Templeton Money Fund Trust, Franklin Templeton Variable
Insurance Products Trust,
Franklin Value Investors Trust, Institutional Fiduciary Trust,
Templeton China World Fund,
Templeton Developing Markets Trust, Templeton Funds, Templeton
Global Investment Trust,
Templeton Global Opportunities Trust, Templeton Global Smaller
Companies Fund, Templeton
Growth Fund, Inc., Templeton Income Trust, Templeton Institutional
Funds, The Money Market
Portfolios, Franklin Limited Duration Income Trust, Franklin
Universal Trust, Templeton Dragon
Fund, Inc., Templeton Emerging Markets Fund, Templeton Emerging
Markets Income Fund, and
Templeton Global Income Fund, Franklin Advisers, Inc., Franklin
Templeton Investment
Management Limited, K2/D&S Management Co., L.L.C., FASA LLC,
Franklin Templeton
Institutional, LLC, Franklin Advisory Services, LLC, Franklin
Mutual Advisers, LLC, Templeton
3
Investment Counsel, LLC, Templeton Asset Management Ltd., and
Templeton Global Advisors
Limited filed an application on September 14, 2017, and an
amendment on March 9, 2018.
Applicants requested an order under section 6(c) of the Investment
Company Act of 1940 (the
"Act") for an exemption from sections 18(f) and 21(b) of the Act,
under section 12(d)(1)(J) of
the Act for an exemption from section 12(d)(1) of the Act, under
sections 6(c) and 17(b) of the
Act for an exemption from sections 17(a)(1), 17(a)(2), and 17(a)(3)
of the Act, and under section
17(d) of the Act and rule 17d-1 under the Act to permit certain
joint arrangements and
transactions. The order supersedes a prior order1 and permits
certain registered management
investment companies to participate in a joint lending and
borrowing facility.
On May 10, 2018, a notice of the filing of the application was
issued (Investment Company Act
Release No. 33095). The notice gave interested persons an
opportunity to request a hearing and
stated that an order disposing of the application would be issued
unless a hearing was ordered.
No request for a hearing has been filed, and the Commission has
not ordered a hearing.
The matter has been considered and it is found, on the basis of
the information set forth in the
application, as amended, that granting the requested exemption
is consistent with and appropriate
in the public interest, and consistent with the protection of
investors and the purposes fairly
intended by the policy and provisions of the Act.
It is also found that the terms of the proposed transactions,
including the consideration to be paid
or received, are reasonable and fair and do not involve
overreaching on the part of any person
concerned, and that the proposed transactions are consistent
with the policy of each registered
investment company concerned and the general purposes of the
Act.
It is further found that the participation of each registered
investment company in the proposed
credit facility is consistent with the provisions, policies,
and purposes of the Act, and not on a
basis different from or less advantageous than that of other
participants.
Accordingly, in the matter of Franklin Alternative Strategies
Funds, et al., (File No. 812-14819),
IT IS ORDERED, under section 6(c) of the Act, that the requested
exemptions from sections
18(f) and 21(b) of the Act are granted, effective immediately,
subject to the conditions in the
application, as amended.
IT IS FURTHER ORDERED, under section 12(d)(1)(J) of the Act,
that the requested exemption
from section 12(d)(1) of the Act is granted, effective immediately,
subject to the conditions in
the application, as amended.
IT IS FURTHER ORDERED, under sections 6(c) and 17(b) of the Act,
that the requested
exemptions from sections 17(a)(1), 17(a)(2), and 17(a)(3) of the
Act are granted, effective
immediately, subject to the conditions in the application, as
amended.
1 Franklin Gold Fund, et al., Investment Company Act Release Nos.
24016 (Sept. 16, 1999) (notice) and
24080 (Oct. 13, 1999) (order).
4
IT IS FURTHER ORDERED, under section 17(d) of the Act and rule
17d-1 under the Act, that
the proposed transactions are approved, effective immediately,
subject to the conditions in the
application, as amended.
For the Commission, by the Division of Investment Management,
under delegated authority.
Eduardo A. Aleman
Assistant Secretary