-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UAP5A6+jdJ+yfbPuXRyGQgSQAiJ4SS78tmGlSSfWNUoAuxwGGosmI1mjFaaPyTFj 9RlHSVGaMUokZLnIv+BDJA== 0000038721-07-000050.txt : 20070516 0000038721-07-000050.hdr.sgml : 20070516 20070516145908 ACCESSION NUMBER: 0000038721-07-000050 CONFORMED SUBMISSION TYPE: 40-17F2 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20070514 DATE AS OF CHANGE: 20070516 EFFECTIVENESS DATE: 20070514 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN MULTI INCOME TRUST CENTRAL INDEX KEY: 0000854856 IRS NUMBER: 943111137 STATE OF INCORPORATION: CA FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 40-17F2 SEC ACT: 1940 Act SEC FILE NUMBER: 811-05873 FILM NUMBER: 07857461 BUSINESS ADDRESS: STREET 1: ONE FRANKLIN PARKWAY CITY: SAN MATEO STATE: CA ZIP: 94403-1906 BUSINESS PHONE: 650-312-2000 MAIL ADDRESS: STREET 1: FRANKLIN MULTI INCOME TRUST STREET 2: ONE FRANKLIN PARKWAY CITY: SAN MATEO STATE: CA ZIP: 94403-1906 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN MULTI INCOME TRUST CENTRAL INDEX KEY: 0000854856 IRS NUMBER: 943111137 STATE OF INCORPORATION: CA FISCAL YEAR END: 0331 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: FRANKLIN MULTI INCOME TRUST STREET 2: ONE FRANKLIN PARKWAY CITY: SAN MATEO STATE: CA ZIP: 94403-1906 40-17F2 1 fmit17f2070506.txt U.S. SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM N-17F-2 CERTIFICATE OF ACCOUNTING OF SECURITIES AND SIMILAR INVESTMENTS IN THE CUSTODY OF MANAGEMENT INVESTMENT COMPANIES PURSUANT TO RULE N-17F-2 1. Investment Company Act File Number: Date Examination completed: 811-05873 July 5, 2006 2. State Identification Number: AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY LA ME MD MA MI MN MS MO MT NE NV NH NJ NM NY NC ND OH OK OR PA RI SC SD TN TX UT VT VA WA WV WI WY PUERTO RICO 3. Exact name of investment company as specified in registration statement: FRANKLIN MULTI-INCOME TRUST 4. Address of principal executive office: (number, street, city, state, zip code) One Franklin Parkway San Mateo, CA 94403 REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Board of Trustees of Franklin Templeton Fund Allocator Series Franklin Templeton Variable Insurance Products Trust Franklin Global Trust Franklin Strategic Series Franklin Universal Trust Franklin Strategic Mortgage Portfolio Franklin Gold and Precious Metals Fund Franklin Floating Rate Trust Franklin Capital Growth Fund Institutional Fiduciary Trust Franklin High Income Trust Franklin Real Estate Securities Trust Franklin Multi-Income Trust Franklin Templeton Limited Duration Income Trust Templeton Russia and East European Fund, Inc. Templeton Emerging Markets Fund Templeton Global Income Fund Templeton Emerging Markets Income Fund Templeton Capital Accumulator Fund Franklin Templeton Money Fund Trust Franklin Investors Securities Trust Franklin Value Investors Trust and the Board of Directors of Franklin Federal Money Fund Franklin Money Fund Franklin Custodian Funds, Inc. Templeton Dragon Fund, Inc. Templeton Institutional Funds, Inc. We have examined management's assertion, included in the accompanying Management Statement Regarding Compliance with Certain Provisions of the Investment Company Act of 1940, about the funds' (hereafter referred to as the "Funds") compliance (see Attachment I) with the requirements of subsections (b) and (c) of Rule 17f-2 under the Investment Company Act of 1940 ("the Act") as of January 31, 2005. Management is responsible for the Funds' compliance with those requirements. Our responsibility is to express an opinion on management's assertion about the Funds' compliance based on our examination. Our examination was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) 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 procedures were the following tests performed as of January 31, 2005, and with respect to agreement of security purchases and sales, for the periods indicated in Attachment I: o Inspection of the records of Franklin Templeton Investors Services, Inc. as they pertain to the security positions owned by the Funds and held in book entry form. o Reconciliation of such security positions to the books and records of the Funds. o Agreement of a sample of security purchases and sales since our last report to the books and records of the Funds. We believe that our examination provides a reasonable basis for our opinion. Our examination does not provide a legal determination on the Funds' compliance with specified requirements. In our opinion, management's assertion 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 January 31, 2005 with respect to securities reflected in the investment accounts of the Funds is fairly stated, in all material respects. This report is intended solely for the information and use of the Board of Trustees and Board of Directors, management, 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 PricewaterhouseCoopers LLP San Francisco, California July 5, 2006 MANAGEMENT STATEMENT REGARDING COMPLIANCE WITH CERTAIN PROVISIONS OF THE INVESTMENT COMPANY ACT OF 1940 We, as members of management of the Franklin Templeton Funds indicated in Attachment I (the "Funds"), 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 subsection (b) of Rule 17f-2, as interpreted in Franklin Investors Securities Trust SEC No-Action Letter (publicly available September 24, 1992), and subsection (c) of Rule 17f-2 of the Investment Company Act of 1940, as of January 30, 2005, and for the periods indicated in Attachment I. Based on this evaluation, we assert that the Funds were in compliance with the requirements of subsection (b) of Rule 17f-2, as interpreted in Franklin Investors Securities Trust SEC No-Action Letter (publicly available September 24, 1992), and subsection (c) of Rule 17f-2 of the Investment Company Act of 1940, as of January 30, 2005, and for the periods indicated in Attachment I, with respect to securities reflected in the investment accounts of the Funds. By: /s/ Galen G. Vetter - --------------------------------- GALEN G. VETTER CHIEF FINANCIAL OFFICER 6/21/06 - --------------------------------- Date /s/ Jimmy D. Gambill - ----------------------------------- JIMMY D. GAMBILL SENIOR VICE PRESIDENT AND CHIEF EXECUTIVE OFFICER-FINANCE AND ADMINISTRATION 6/26/06 - ---------------------------------- Date ATTACHMENT I FUND PERIODS COVERED - ------------------------------------------------------------------------------- FRANKLIN TEMPLETON FUND ALLOCATOR SERIES: Franklin Templeton Conservative Target Fund December 31, 2004 - January 31, 2005 Franklin Templeton Moderate Target Fund December 31, 2004 - January 31, 2005 Franklin Templeton Growth Target Fund December 31, 2004 - January 31, 2005 Franklin Templeton Corefolio Allocation Fund December 31, 2004 - January 31, 2005 Franklin Templeton Perspectives Allocation Fund December 31, 2004 - January 31, 2005 Franklin Templeton Founding Funds Allocation Fund December 31, 2004 - January 31, 2005 FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST Franklin Strategic Income Securities Fund December 31, 2004 - January 31, 2005 Franklin Small Cap Value Securities Fund December 31, 2004 - January 31, 2005 Franklin Rising Dividends Fund December 31, 2004 - January 31, 2005 Franklin Small Cap Fund December 31, 2004 - January 31, 2005 Templeton Global Asset Allocation Fund December 31, 2004 - January 31, 2005 Templeton Foreign Securities Fund December 31, 2004 - January 31, 2005 FRANKLIN GLOBAL TRUST: Fiduciary High Income Fund October 31, 2004 - January 31, 2005 Fiduciary Core Fixed Income Fund October 31, 2004 - January 31, 2005 Fiduciary Small Capitalization Equity Fund October 31, 2004 - January 31, 2005 Fiduciary Large Capitalization Growth and Income Fund October 31, 2004 - January 31, 2005 Fiduciary European Smaller Companies Fund October 31, 2004 - January 31, 2005 Fiduciary Core Plus Fixed Income Fund October 31, 2004 - January 31, 2005 FRANKLIN STRATEGIC SERIES: Franklin Aggressive Growth Fund October 31, 2004 - January 31, 2005 Franklin U.S. Long- Short Fund October 31, 2004 - January 31, 2005 Franklin Natural Resources Fund October 31, 2004 - January 31, 2005 Franklin Biotechnology Discovery Fund October 31, 2004 - January 31, 2005 Franklin Blue Chip Fund October 31, 2004 - January 31, 2005 Franklin Global Health Care Fund October 31, 2004 - January 31, 2005 Franklin Global Communications Fund October 31, 2004 - January 31, 2005 Franklin Strategic Income Fund October 31, 2004 - January 31, 2005 Franklin Flex Cap Growth Fund October 31, 2004 - January 31, 2005 Franklin Technology Fund October 31, 2004 - January 31, 2005 Franklin Small Cap Growth Fund II October 31, 2004 - January 31, 2005 Franklin Small-Mid Cap Growth Fund October 31, 2004 - January 31, 2005 FRANKLIN UNIVERSAL TRUST October 31, 2004 - January 31, 2005 FRANKLIN STRATEGIC MORTGAGE PORTFOLIO October 31, 2004 - January 31, 2005 FRANKLIN GOLD AND PRECIOUS METALS FUND October 31, 2004 - January 31, 2005 FRANKLIN FLOATING RATE TRUST October 31, 2004 - January 31, 2005 FRANKLIN CAPITAL GROWTH FUND October 31, 2004 - January 31, 2005 INSTITUTIONAL FIDUCIARY TRUST: Money Market Portfolio October 31, 2004 - January 31, 2005 Franklin Cash Reserves Fund October 31, 2004 - January 31, 2005 Franklin Structured Large Cap Growth Equity Fund October 31, 2004 - January 31, 2005 Franklin Structured Large Cap Core Equity Fund October 31, 2004 - January 31, 2005 FRANKLIN HIGH INCOME TRUST: Franklin AGE High Income Fund October 31, 2004 - January 31, 2005 FRANKLIN REAL ESTATE SECURITIES TRUST: Franklin Real Estate Securities Fund October 31, 2004 - January 31, 2005 FRANKLIN MULTI-INCOME TRUST October 31, 2004 - January 31, 2005 FRANKLIN TEMPLETON LIMITED DURATION INCOME TRUST October 31, 2004 - January 31, 2005 TEMPLETON RUSSIA AND EAST EUROPEAN FUND, INC. October 31, 2004 - January 31, 2005 TEMPLETON EMERGING MARKETS FUND October 31, 2004 - January 31, 2005 TEMPLETON GLOBAL INCOME FUND October 31, 2004 - January 31, 2005 TEMPLETON EMERGING MARKETS INCOME FUND October 31, 2004 - January 31, 2005 TEMPLETON CAPITAL ACCUMULATOR FUND October 31, 2004 - January 31, 2005 FRANKLIN TEMPLETON MONEY FUND TRUST: Franklin Templeton Money Fund October 31, 2004 - January 31, 2005 FRANKLIN INVESTORS SECURITIES TRUST: Franklin Floating Rate Daily Access Fund October 31, 2004 - January 31, 2005 Franklin Total Return Fund October 31, 2004 - January 31, 2005 Franklin Limited Maturity U.S. Government Securities Fund October 31, 2004 - January 31, 2005 Franklin Convertible Securities Fund October 31, 2004 - January 31, 2005 Franklin Equity Income Fund October 31, 2004 - January 31, 2005 Franklin Low Duration Total Return Fund November 17, 2004 - January 31, 2005 Franklin Adjustable U.S. Government Securities Fund October 31, 2004 - January 31, 2005 FRANKLIN VALUE INVESTORS TRUST: Franklin Balance Sheet Investment Fund October 31, 2004 - January 31, 2005 Franklin MicroCap Value Fund October 31, 2004 - January 31, 2005 Franklin Small Cap Value Fund October 31, 2004 - January 31, 2005 Franklin Large Cap Value Fund October 31, 2004 - January 31, 2005 FRANKLIN FEDERAL MONEY FUND October 31, 2004 - January 31, 2005 FRANKLIN MONEY FUND October 31, 2004 - January 31, 2005 FRANKLIN CUSTODIAN FUNDS, INC.: Franklin Growth Fund October 31, 2004 - January 31, 2005 Franklin Utilities Fund October 31, 2004 - January 31, 2005 Franklin DynaTech Fund October 31, 2004 - January 31, 2005 Franklin Income Fund October 31, 2004 - January 31, 2005 Franklin U.S. Government Securities Fund October 31, 2004 - January 31, 2005 TEMPLETON DRAGON FUND, INC. October 31, 2004 - January 31, 2005 TEMPLETON INSTITUTIONAL FUNDS, INC.: Foreign Equity Series October 31, 2004 - January 31, 2005
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