# EDGAR Filing Document

**Accession Number:** 0000765485
**File Stem:** 0002071691-26-000050
**Filing Date:** 2026-1
**Character Count:** 13879
**Document Hash:** f7614f2d6d5390963fedd1c5c1723e29
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-000050.hdr.sgml**: 20260107

**ACCESSION NUMBER**: 0002071691-26-000050

**CONFORMED SUBMISSION TYPE**: N-MFP3

**CONFIRMING COPY**: 

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260107

**DATE AS OF CHANGE**: 20260107

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** INSTITUTIONAL FIDUCIARY TRUST
- **CENTRAL INDEX KEY:** 0000765485

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** N-MFP3
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04267

**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

## Series and Classes Contracts Data

### Franklin Institutional U.S. Government Money Market Fund (Series ID: S000007358)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000020209 | Class A      | INFXX           |

# Form N-MFP3: Monthly Schedule of Portfolio Holdings

## N-MFP: Filer Information
**Submission Type:** N-MFP3
**CIK:** 0000765485

### General Information

**Report for (YYYY-MM-DD):** 2025-12-31

**Registrant Full Name:** Institutional Fiduciary Trust

**CIK Number of Registrant:** 0000765485

**LEI of Registrant:** 549300DHQLI8W1JIXY85

**Name of Series:** Franklin Institutional U.S. Government Money Market Fund

**LEI of Series:** 549300M4TP89K77LG374

**EDGAR Series Identifier:** S000007358

**Total number of share classes in the series:** 1

**Is this the fund's final filing on Form N-MFP?:** No

**Has the fund acquired or merged with another fund?:** No

## Part A: Series-Level Information about the Fund

### Service Providers
| Role                          | Details                                                        | File/CIK Number   |
|:---|:---|:---|
| Investment Adviser            | Franklin Advisers, Inc.                                        | 801-26292         |
| Independent Public Accountant | PricewaterhouseCoopers LLP<br>City: San Francisco<br>State: CA |  |
| Administrator                 | Franklin Templeton Services LLC                                |  |
| Transfer Agent                | Franklin Templeton Investor Services LLC<br>CIK: 0000353291    | 084-01036         |

### Fund Characteristics & Assets

- **Securities Act File Number:** 002-96634

- **Is this a Feeder Fund?:** Yes

- **Is this a Master Fund?:** No

- **Is this series for insurance company separate accounts?:** No

- **Money Market Fund Category:** Government

- **Is this a Retail Money Market Fund?:** No

- **Is this a Government Money Market Fund?:** No

- **WAM:** 6 days

- **WAL:** 6 days

- **Total Value of Portfolio Securities:** $4650963168.41

- **Amortized Cost of Portfolio Securities:** $4650963168.41

- **Cash:** $4993.42

- **Total Other Assets:** $16571648.41

- **Total Liabilities:** $16667090.71

- **Net Assets of Series:** $4650872719.53

- **Number of Shares Outstanding (Series):** 4650870001.2200

- **Does the fund seek to maintain a stable price per share?:** Yes

- **Stable Price Per Share:** $1.00

- **Is cash management vehicle an affiliated fund?:** No

- **Does the fund apply liquidity fees?:** No

### Daily & Weekly Liquid Assets
| Date       | Daily Liquid Assets ($)   | Weekly Liquid Assets ($)   | Daily Liquid Assets (%)   | Weekly Liquid Assets (%)   |
|:---|:---|:---|:---|:---|
| 2025-12-01 | $766110679.30             | $5107404528.65             | 15.0000%                  | 100.0000%                  |
| 2025-12-02 | $779207218.32             | $5194714788.79             | 15.0000%                  | 100.0000%                  |
| 2025-12-03 | $744547500.13             | $4963650000.89             | 15.0000%                  | 100.0000%                  |
| 2025-12-04 | $718467479.72             | $4789783198.13             | 15.0000%                  | 100.0000%                  |
| 2025-12-05 | $706347555.21             | $4708983701.38             | 15.0000%                  | 100.0000%                  |
| 2025-12-08 | $764829451.91             | $5098863012.73             | 15.0000%                  | 100.0000%                  |
| 2025-12-09 | $751031977.67             | $5006879851.16             | 15.0000%                  | 100.0000%                  |
| 2025-12-10 | $724987863.32             | $4833252422.14             | 15.0000%                  | 100.0000%                  |
| 2025-12-11 | $793992739.82             | $5293284932.11             | 15.0000%                  | 100.0000%                  |
| 2025-12-12 | $819812260.08             | $5465415067.18             | 15.0000%                  | 100.0000%                  |
| 2025-12-15 | $778728472.57             | $5191523150.47             | 15.0000%                  | 100.0000%                  |
| 2025-12-16 | $789221025.80             | $5261473505.31             | 15.0000%                  | 100.0000%                  |
| 2025-12-17 | $798406587.42             | $5322710582.83             | 15.0000%                  | 100.0000%                  |
| 2025-12-18 | $790344345.59             | $5268962303.93             | 15.0000%                  | 100.0000%                  |
| 2025-12-19 | $776491679.76             | $5176611198.37             | 15.0000%                  | 100.0000%                  |
| 2025-12-22 | $944443566.61             | $6296290444.09             | 15.0000%                  | 100.0000%                  |
| 2025-12-23 | $693596440.47             | $4623976269.82             | 15.0000%                  | 100.0000%                  |
| 2025-12-24 | $697957252.00             | $4653048346.65             | 15.0000%                  | 100.0000%                  |
| 2025-12-26 | $732270362.12             | $4881802414.13             | 15.0000%                  | 100.0000%                  |
| 2025-12-29 | $678170091.02             | $4521133940.13             | 15.0000%                  | 100.0000%                  |
| 2025-12-30 | $716369943.68             | $4775799624.52             | 15.0000%                  | 100.0000%                  |
| 2025-12-31 | $697645224.27             | $4650968161.83             | 15.0000%                  | 100.0000%                  |

### 7-Day Gross Yield
| Date       | 7-Day Gross Yield   |
|:---|:---|
| 2025-12-01 | 4.0200%             |
| 2025-12-02 | 4.0200%             |
| 2025-12-03 | 4.0100%             |
| 2025-12-04 | 4.0000%             |
| 2025-12-05 | 3.9900%             |
| 2025-12-08 | 3.9500%             |
| 2025-12-09 | 3.9500%             |
| 2025-12-10 | 3.9500%             |
| 2025-12-11 | 3.9300%             |
| 2025-12-12 | 3.9100%             |
| 2025-12-15 | 3.8500%             |
| 2025-12-16 | 3.8300%             |
| 2025-12-17 | 3.8100%             |
| 2025-12-18 | 3.8000%             |
| 2025-12-19 | 3.8000%             |
| 2025-12-22 | 3.7800%             |
| 2025-12-23 | 3.7800%             |
| 2025-12-24 | 3.7700%             |
| 2025-12-26 | 3.7700%             |
| 2025-12-29 | 3.7800%             |
| 2025-12-30 | 3.7800%             |
| 2025-12-31 | 3.7900%             |

### Daily Net Asset Value per Share (Series)
| Date       | Net Asset Value per Share   |
|:---|:---|
| 2025-12-01 | 1.0000                      |
|  |  |
| 2025-12-02 | 1.0000                      |
|  |  |
| 2025-12-03 | 1.0000                      |
|  |  |
| 2025-12-04 | 1.0000                      |
|  |  |
| 2025-12-05 | 1.0000                      |
|  |  |
| 2025-12-08 | 1.0000                      |
|  |  |
| 2025-12-09 | 1.0000                      |
|  |  |
| 2025-12-10 | 1.0000                      |
|  |  |
| 2025-12-11 | 1.0000                      |
|  |  |
| 2025-12-12 | 1.0000                      |
|  |  |
| 2025-12-15 | 1.0000                      |
|  |  |
| 2025-12-16 | 1.0000                      |
|  |  |
| 2025-12-17 | 1.0000                      |
|  |  |
| 2025-12-18 | 1.0000                      |
|  |  |
| 2025-12-19 | 1.0000                      |
|  |  |
| 2025-12-22 | 1.0000                      |
|  |  |
| 2025-12-23 | 1.0000                      |
|  |  |
| 2025-12-24 | 1.0000                      |
|  |  |
| 2025-12-26 | 1.0000                      |
|  |  |
| 2025-12-29 | 1.0000                      |
|  |  |
| 2025-12-30 | 1.0000                      |
|  |  |
| 2025-12-31 | 1.0000                      |
|  |  |

## Part B: Class-Level Information about the Fund

### Class: Franklin Institutional U.S. Government Money Market Fund

- **Minimum Initial Investment:** $1000000.00

- **Net Assets of Class:** $4650872719.53

- **Number of Shares Outstanding:** 4650870001.2200

- **Expense Reimbursement/Waiver:** 641925.07

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-12-01 | 1.0000          |
|  |  |
| 2025-12-02 | 1.0000          |
|  |  |
| 2025-12-03 | 1.0000          |
|  |  |
| 2025-12-04 | 1.0000          |
|  |  |
| 2025-12-05 | 1.0000          |
|  |  |
| 2025-12-08 | 1.0000          |
|  |  |
| 2025-12-09 | 1.0000          |
|  |  |
| 2025-12-10 | 1.0000          |
|  |  |
| 2025-12-11 | 1.0000          |
|  |  |
| 2025-12-12 | 1.0000          |
|  |  |
| 2025-12-15 | 1.0000          |
|  |  |
| 2025-12-16 | 1.0000          |
|  |  |
| 2025-12-17 | 1.0000          |
|  |  |
| 2025-12-18 | 1.0000          |
|  |  |
| 2025-12-19 | 1.0000          |
|  |  |
| 2025-12-22 | 1.0000          |
|  |  |
| 2025-12-23 | 1.0000          |
|  |  |
| 2025-12-24 | 1.0000          |
|  |  |
| 2025-12-26 | 1.0000          |
|  |  |
| 2025-12-29 | 1.0000          |
|  |  |
| 2025-12-30 | 1.0000          |
|  |  |
| 2025-12-31 | 1.0000          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-12-01 | $215060809.38             | $478247016.79           |
| 2025-12-02 | $298936274.77             | $211623608.85           |
| 2025-12-03 | $147918610.38             | $378982839.24           |
| 2025-12-04 | $253401071.00             | $427267373.76           |
| 2025-12-05 | $167981848.77             | $248781345.52           |
| 2025-12-08 | $558338980.22             | $168459668.87           |
| 2025-12-09 | $158439632.25             | $250422793.82           |
| 2025-12-10 | $110184802.72             | $283812231.74           |
| 2025-12-11 | $648362037.12             | $188329527.15           |
| 2025-12-12 | $387685149.60             | $215554207.15           |
| 2025-12-15 | $120178004.23             | $394069920.94           |
| 2025-12-16 | $259987098.03             | $190036743.19           |
| 2025-12-17 | $185672409.96             | $124435138.20           |
| 2025-12-18 | $205911952.66             | $259660231.56           |
| 2025-12-19 | $307631614.18             | $399982716.22           |
| 2025-12-22 | $1230324399.23            | $110645136.42           |
| 2025-12-23 | $276948817.45             | $1949262991.72          |
| 2025-12-24 | $274506066.01             | $245432763.73           |
| 2025-12-26 | $294988537.28             | $66234469.80            |
| 2025-12-29 | $84204560.55              | $444873034.55           |
| 2025-12-30 | $438106551.91             | $183440267.52           |
| 2025-12-31 | $89127470.01              | $213944926.95           |

**Total Gross Subscriptions (Month):** $6713896697.71

**Total Gross Redemptions (Month):** $7433498953.69

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-12-01 | 3.8600%           |
| 2025-12-02 | 3.8500%           |
| 2025-12-03 | 3.8500%           |
| 2025-12-04 | 3.8400%           |
| 2025-12-05 | 3.8200%           |
| 2025-12-08 | 3.7800%           |
| 2025-12-09 | 3.7800%           |
| 2025-12-10 | 3.7700%           |
| 2025-12-11 | 3.7600%           |
| 2025-12-12 | 3.7300%           |
| 2025-12-15 | 3.6700%           |
| 2025-12-16 | 3.6500%           |
| 2025-12-17 | 3.6400%           |
| 2025-12-18 | 3.6300%           |
| 2025-12-19 | 3.6200%           |
| 2025-12-22 | 3.6100%           |
| 2025-12-23 | 3.6000%           |
| 2025-12-24 | 3.6000%           |
| 2025-12-26 | 3.6000%           |
| 2025-12-29 | 3.6100%           |
| 2025-12-30 | 3.6100%           |
| 2025-12-31 | 3.6200%           |

**Beneficial/Record Owner Categories**
| Category                      | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Registered investment company |  | 21.5700%         | 0.0000%              |

## Part C: Schedule of Portfolio Securities

### Security 1: U.S. Government Money Market Portfolio (The)

- **C.1 - Title:** U.S. Government Money Market Portfolio (The)
- **C.6 - Investment Category:** Investment Company
- **Identifiers:** C.3 - CUSIP: 609920103, C.4 - ISIN: US6099201039, C.3 - LEI: 549300M4TP89K77LG374
- **C.18 - Value (incl. sponsor support):** $4650963168.41
- **C.18.a - Value (excl. sponsor support):** $4650963168.41
- **C.19 - Percentage of Net Assets:** 100.0000%
- **C.17 - Yield as of Reporting Date:** 3.6700%
- **C.11 - Maturity Date (WAM):** 2026-01-07
- **C.12 - Maturity Date (WAL):** 2026-01-07
- **C.13 - Final Legal Maturity Date:** 2026-01-07
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

## N-MFP: Signatures

**Registrant:** Money Market Portfolios

**Date:** 2026-01-07

**By:** /s/Jeff White

**Name of Signing Officer:** Jeff White

**Title of Signing Officer:** Vice President