# EDGAR Filing Document

**Accession Number:** 0000856119
**File Stem:** 0002071691-26-007590
**Filing Date:** 2026-3
**Character Count:** 36186
**Document Hash:** fcf3bb31b2ba11a9daa1300f63fd02a8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-007590.hdr.sgml**: 20260327

**ACCESSION NUMBER**: 0002071691-26-007590

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260327

**DATE AS OF CHANGE**: 20260327

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FRANKLIN VALUE INVESTORS TRUST
- **CENTRAL INDEX KEY:** 0000856119

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05878
- **FILM NUMBER:** 26806003

**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 BALANCE SHEET INVESTMENT FUND
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### FRANKLIN SMALL CAP VALUE FUND (Series ID: S000007356)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000020203 | CLASS A       | FRVLX           |
| C000020205 | CLASS C       | FRVFX           |
| C000020206 | CLASS R       | FVFRX           |
| C000020207 | ADVISOR CLASS | FVADX           |
| C000128827 | Class R6      | FRCSX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Franklin Value Investors Trust

- **b. Investment Company Act file number:** 811-05878

- **c. CIK number of Registrant:** 0000856119

- **d. LEI of Registrant:** 549300RD0PTCJOMRSV24

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** One Franklin Parkway

  - **City:** San Mateo

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94403-1906

  - **Telephone number:** 650-312-2000

**Item A.2. Information about the Series.**

- **a. Name of Series:** Franklin Small Cap Value Fund

- **b. EDGAR series identifier (if any):** S000007356

- **c. LEI of Series:** 5493008L8BP00V1G7510

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $4011830072.81

**Total Liabilities:** $4122629.15

**Net Assets:** $4007707443.66

**Cash Not Reported:** $8535446.04

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000020207 | 2.11%                | 1.84%                | 8.15%                |
| Class ID C000020203 | 2.09%                | 1.81%                | 8.13%                |
| Class ID C000020205 | 2.03%                | 1.75%                | 8.07%                |
| Class ID C000020206 | 2.06%                | 1.79%                | 8.11%                |
| Class ID C000128827 | 2.12%                | 1.84%                | 8.18%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $12433054.80             | $60477600.95                               |
| Month 2  | $51130573.79             | $16341508.27                               |
| Month 3  | $24109671.20             | $282156872.31                              |

### Schedule of Portfolio Investments

| Name                                                     | Title                                                    | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Group 1 Automotive, Inc.                                 | Group 1 Automotive, Inc.                                 | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |     44694 | NS      | $15833296.44  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Crocs, Inc.                                              | Crocs, Inc.                                              | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |    163243 | NS      | $13699352.56  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Louisiana-Pacific Corp.                                  | Louisiana-Pacific Corp.                                  | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |    298581 | NS      | $25003172.94  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Resideo Technologies, Inc.                               | Resideo Technologies, Inc.                               | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |    827122 | NS      | $28337199.72  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| TriCo Bancshares                                         | TriCo Bancshares                                         | CUSIP: 896095106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1028817 | NS      | $51255662.94  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Meritage Homes Corp.                                     | Meritage Homes Corp.                                     | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |    218213 | NS      | $15167985.63  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Rosebank Industries plc                                  | Rosebank Industries plc                                  | CUSIP: N/A<br>LEI: 2138005KFPHBAEW69F51       | Long             | EC               | CORP              | JE        |   7285678 | NS      | $34793057.62  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden National Corp.                                    | Camden National Corp.                                    | CUSIP: 133034108<br>LEI: 549300ZVEDL2L8UW4F28 | Long             | EC               | CORP              | US        |    978520 | NS      | $46548196.40  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC plc                                           | TechnipFMC plc                                           | CUSIP: N/A<br>LEI: 549300D5I93QWCJTCK36       | Long             | EC               | CORP              | GB        |     40256 | NS      | $2243064.32   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Instruments plc                                   | Oxford Instruments plc                                   | CUSIP: N/A<br>LEI: 213800J364EZD6UCE231       | Long             | EC               | CORP              | GB        |    846459 | NS      | $29130042.12  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Hunting plc                                              | Hunting plc                                              | CUSIP: N/A<br>LEI: 2138008S5FL78ITZRN66       | Long             | EC               | CORP              | GB        |   7806253 | NS      | $47493612.15  | 1.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Cohu, Inc.                                               | Cohu, Inc.                                               | CUSIP: 192576106<br>LEI: 529900FJPORJ3JJ2XS33 | Long             | EC               | CORP              | US        |    152703 | NS      | $4358143.62   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Babcock International Group plc                          | Babcock International Group plc                          | CUSIP: N/A<br>LEI: 213800TSKOLX4EU6L377       | Long             | EC               | CORP              | GB        |   2591564 | NS      | $51096409.24  | 1.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Mueller Water Products, Inc.                             | Mueller Water Products, Inc., Class A                    | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |   2132974 | NS      | $57739606.18  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| McGrath RentCorp                                         | McGrath RentCorp                                         | CUSIP: 580589109<br>LEI: 254900EUH6IPWFQ83445 | Long             | EC               | CORP              | US        |     18135 | NS      | $2025498.15   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Middleby Corp. (The)                                     | Middleby Corp. (The)                                     | CUSIP: 596278101<br>LEI: JDFO86U9VQRBKW5KYA35 | Long             | EC               | CORP              | US        |     67934 | NS      | $9997846.78   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp.                               | Taylor Morrison Home Corp., Class A                      | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |     91737 | NS      | $5591370.15   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| RXO, Inc.                                                | RXO, Inc.                                                | CUSIP: 74982T103<br>LEI: 549300KL8CA6GP8XPM30 | Long             | EC               | CORP              | US        |    286499 | NS      | $4177155.42   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transportation Holdings, Inc.               | Knight-Swift Transportation Holdings, Inc., Class A      | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    423281 | NS      | $23322783.10  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Bruker Corp.                                             | Bruker Corp.                                             | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Long             | EC               | CORP              | US        |   1404858 | NS      | $62221160.82  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Brady Corp.                                              | Brady Corp., Class A                                     | CUSIP: 104674106<br>LEI: 549300G2LEQOFQC8GY34 | Long             | EC               | CORP              | US        |    746647 | NS      | $64562566.09  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| La-Z-Boy, Inc.                                           | La-Z-Boy, Inc.                                           | CUSIP: 505336107<br>LEI: 549300WNO1WMN9ZG2519 | Long             | EC               | CORP              | US        |    959965 | NS      | $34952325.65  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Victory Capital Holdings, Inc.                           | Victory Capital Holdings, Inc., Class A                  | CUSIP: 92645B103<br>LEI: 549300BN5LH2CIPPHS71 | Long             | EC               | CORP              | US        |    467039 | NS      | $32940260.67  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corp.                                      | Regal Rexnord Corp.                                      | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |    729095 | NS      | $117748842.50 | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Dollar                                          | Canadian Dollar                                          | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | CA        |        -0 | OU      | $-0.03        | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Ashland, Inc.                                            | Ashland, Inc.                                            | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |    997048 | NS      | $60979455.68  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Horace Mann Educators Corp.                              | Horace Mann Educators Corp.                              | CUSIP: 440327104<br>LEI: 254900G5YAV3A2YK8T32 | Long             | EC               | CORP              | US        |   1765222 | NS      | $79099597.82  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Mattel, Inc.                                             | Mattel, Inc.                                             | CUSIP: 577081102<br>LEI: 549300VELLG24KHTJ564 | Long             | EC               | CORP              | US        |   4270227 | NS      | $89205042.03  | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Brunswick Corp.                                          | Brunswick Corp.                                          | CUSIP: 117043109<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | EC               | CORP              | US        |    553107 | NS      | $44370243.54  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Industries, Inc.                                     | UFP Industries, Inc.                                     | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |    387250 | NS      | $39995180.00  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| First Commonwealth Financial Corp.                       | First Commonwealth Financial Corp.                       | CUSIP: 319829107<br>LEI: 549300ZHLQ42NXDETL24 | Long             | EC               | CORP              | US        |   2414952 | NS      | $43541584.56  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryerson Holding Corp.                                    | Ryerson Holding Corp.                                    | CUSIP: 783754104<br>LEI: 549300JMA41B3ZHOVE45 | Long             | EC               | CORP              | US        |   1777173 | NS      | $50151822.06  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Seacoast Banking Corp. of Florida                        | Seacoast Banking Corp. of Florida                        | CUSIP: 811707801<br>LEI: 549300V6IC06XYQYPG88 | Long             | EC               | CORP              | US        |   1269513 | NS      | $42452514.72  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Gap, Inc. (The)                                          | Gap, Inc. (The)                                          | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |   3164500 | NS      | $88542710.00  | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO Financial Group, Inc.                                | CNO Financial Group, Inc.                                | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |   2333177 | NS      | $98110092.85  | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Melexis NV                                               | Melexis NV                                               | CUSIP: N/A<br>LEI: 549300QRPSGOJRPUFO80       | Long             | EC               | CORP              | BE        |    125923 | NS      | $9519505.61   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| American Woodmark Corp.                                  | American Woodmark Corp.                                  | CUSIP: 030506109<br>LEI: 5299007PFSDWMA74RB56 | Long             | EC               | CORP              | US        |    247036 | NS      | $14671468.04  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Signet Jewelers Ltd.                                     | Signet Jewelers Ltd.                                     | CUSIP: N/A<br>LEI: 549300N3XPGE91WV7M22       | Long             | EC               | CORP              | BM        |    139694 | NS      | $12889565.38  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| First Bancorp                                            | First Bancorp                                            | CUSIP: 318910106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1053957 | NS      | $61055729.01  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Whitecap Resources, Inc.                                 | Whitecap Resources, Inc.                                 | CUSIP: 96467A200<br>LEI: 894500UA4G4BTB67II45 | Long             | EC               | CORP              | CA        |   6242194 | NS      | $56936840.95  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corp.                                        | Black Hills Corp.                                        | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |    195645 | NS      | $14278172.10  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Communities, Inc.                                | Century Communities, Inc.                                | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |    217534 | NS      | $13700291.32  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Oshkosh Corp.                                            | Oshkosh Corp.                                            | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |    175293 | NS      | $25210639.26  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanover Insurance Group, Inc. (The)                      | Hanover Insurance Group, Inc. (The)                      | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |     77127 | NS      | $13430895.78  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Central BanCo, Inc.                                      | Central BanCo, Inc., Class A                             | CUSIP: 152413100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    597491 | NS      | $14399533.10  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| MSA Safety, Inc.                                         | MSA Safety, Inc.                                         | CUSIP: 553498106<br>LEI: 529900DVA3258XK11O39 | Long             | EC               | CORP              | US        |    269002 | NS      | $47653704.30  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Senior plc                                               | Senior plc                                               | CUSIP: N/A<br>LEI: 5493002HQHWN5JQHKQ51       | Long             | EC               | CORP              | GB        |  27995729 | NS      | $93680597.99  | 2.34%             |  |  |  | No            |                  2 | On Loan: No      |
| WSFS Financial Corp.                                     | WSFS Financial Corp.                                     | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |   1511067 | NS      | $97811366.91  | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Elementis plc                                            | Elementis plc                                            | CUSIP: N/A<br>LEI: 549300LQIH685LI2ML36       | Long             | EC               | CORP              | GB        |  39868704 | NS      | $88159815.18  | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Independence Realty Trust, Inc.                          | Independence Realty Trust, Inc.                          | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               | CORP              | US        |   2060156 | NS      | $34404605.20  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS, Inc.                                                | MKS, Inc.                                                | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |    580587 | NS      | $136675985.67 | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Vontier Corp.                                            | Vontier Corp.                                            | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |   2643665 | NS      | $99137437.50  | 2.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Metals Co.                                    | Commercial Metals Co.                                    | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |   1097847 | NS      | $84391498.89  | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| M/I Homes, Inc.                                          | M/I Homes, Inc.                                          | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |     75471 | NS      | $10090472.70  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Wyndham Hotels & Resorts, Inc.                           | Wyndham Hotels & Resorts, Inc.                           | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |    281141 | NS      | $20464253.39  | 0.51%             |  |  |  | No            |                  1 | On Loan: —       |
| German American Bancorp, Inc.                            | German American Bancorp, Inc.                            | CUSIP: 373865104<br>LEI: 5493002JDOI3GTNVUD76 | Long             | EC               | CORP              | US        |   1151789 | NS      | $48455763.23  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Dr. Martens plc                                          | Dr. Martens plc                                          | CUSIP: N/A<br>LEI: 213800QPT8YM6NQZPH28       | Long             | EC               | CORP              | GB        |  28142109 | NS      | $25935309.62  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| ACI Worldwide, Inc.                                      | ACI Worldwide, Inc.                                      | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | EC               | CORP              | US        |   2631496 | NS      | $114101666.56 | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Onto Innovation, Inc.                                    | Onto Innovation, Inc.                                    | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |    442288 | NS      | $89364290.40  | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Washington Trust Bancorp, Inc.                           | Washington Trust Bancorp, Inc.                           | CUSIP: 940610108<br>LEI: J66MZFCNJPP3PERHZW54 | Long             | EC               | CORP              | US        |    402827 | NS      | $13845163.99  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Kite Realty Group Trust                                  | Kite Realty Group Trust                                  | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    966666 | NS      | $22706984.34  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp. plc                               | Gates Industrial Corp. plc                               | CUSIP: N/A<br>LEI: 549300S6K4FWUSB9KM27       | Long             | EC               | CORP              | GB        |   4033247 | NS      | $92845345.94  | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Banking System, Inc.                            | Columbia Banking System, Inc.                            | CUSIP: 197236102<br>LEI: 254900CTRJTQZ3BJ2V17 | Long             | EC               | CORP              | US        |   3468940 | NS      | $102125593.60 | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Benchmark Electronics, Inc.                              | Benchmark Electronics, Inc.                              | CUSIP: 08160H101<br>LEI: 549300W18RHYZOZKOP53 | Long             | EC               | CORP              | US        |   1728883 | NS      | $90143959.62  | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Selective Insurance Group, Inc.                          | Selective Insurance Group, Inc.                          | CUSIP: 816300107<br>LEI: 549300R3WGJWLE40R258 | Long             | EC               | CORP              | US        |    327226 | NS      | $27513162.08  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Grand Vacations, Inc.                             | Hilton Grand Vacations, Inc.                             | CUSIP: 43283X105<br>LEI: 549300O9K6MFD8D07574 | Long             | EC               | CORP              | US        |   1124869 | NS      | $50742840.59  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corp.                                        | Boyd Gaming Corp.                                        | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |    535035 | NS      | $45231858.90  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHSTATE BANK Corp.                                    | SouthState Bank Corp.                                    | CUSIP: 84472E102<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |    979983 | NS      | $100281660.39 | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Peoples Bancorp, Inc.                                    | Peoples Bancorp, Inc.                                    | CUSIP: 709789101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    310040 | NS      | $10082500.80  | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP, Inc.                                            | IDACORP, Inc.                                            | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |    132852 | NS      | $17641417.08  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| EnerSys                                                  | EnerSys                                                  | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |    165197 | NS      | $29766847.43  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| First Interstate BancSystem, Inc.                        | First Interstate BancSystem, Inc., Class A               | CUSIP: 32055Y201<br>LEI: 549300WRWYTYX0RCNJ43 | Long             | EC               | CORP              | US        |   1302444 | NS      | $46197688.68  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Bread Financial Holdings, Inc.                           | Bread Financial Holdings, Inc.                           | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |    849225 | NS      | $61602781.50  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial, Inc.                                    | STAG Industrial, Inc.                                    | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |    399200 | NS      | $14973992.00  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Institutional U.S. Government Money Market Fund | Franklin Institutional U.S. Government Money Market Fund | CUSIP: 457756500<br>LEI: 549300M4TP89K77LG374 | Long             | STIV             | RF                | US        |  93629740 | NS      | $93629740.49  | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bankshares Corp.                          | Atlantic Union Bankshares Corp.                          | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1908651 | NS      | $74132004.84  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy, Inc.                                     | Liberty Energy, Inc., Class A                            | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1173250 | NS      | $28920612.50  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Water Solutions, Inc.                             | Select Water Solutions, Inc., Class A                    | CUSIP: 81617J301<br>LEI: 54930094OK8LA3QDW486 | Long             | EC               | CORP              | US        |   4641526 | NS      | $56116049.34  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortune Brands Innovations, Inc.                         | Fortune Brands Innovations, Inc.                         | CUSIP: 34964C106<br>LEI: 54930032LHW54PQUJD44 | Long             | EC               | CORP              | US        |     68730 | NS      | $3718293.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| BRP, Inc.                                                | BRP, Inc.                                                | CUSIP: 05577W200<br>LEI: 529900EPQGESIRCPY551 | Long             | EC               | CORP              | CA        |     65159 | NS      | $4917849.98   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| EURO                                                     | EURO                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |       367 | OU      | $435.18       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corp.                                             | Avient Corp.                                             | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |   2294986 | NS      | $82963743.90  | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| TWFG, Inc.                                               | TWFG, Inc., Class A                                      | CUSIP: 87318A101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6521 | NS      | $162959.79    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Envista Holdings Corp.                                   | Envista Holdings Corp.                                   | CUSIP: 29415F104<br>LEI: 549300BX623VURJZ5269 | Long             | EC               | CORP              | US        |   4464269 | NS      | $104776393.43 | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries, Inc.                                 | Valmont Industries, Inc.                                 | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |    204439 | NS      | $91089840.84  | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| QinetiQ Group plc                                        | QinetiQ Group plc                                        | CUSIP: N/A<br>LEI: 213800S8OBDOZMCMUW34       | Long             | EC               | CORP              | GB        |  12096813 | NS      | $83339938.16  | 2.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Franklin Institutional U.S. Government Money Market Fund | Franklin Institutional U.S. Government Money Market Fund | CUSIP: N/A<br>LEI: 549300M4TP89K77LG374       | Long             | STIV             | RF                | US        |      1118 | NS      | $1117.50      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Melrose Industries plc                                   | Melrose Industries plc                                   | CUSIP: N/A<br>LEI: 213800RGNXXZY2M7TR85       | Long             | EC               | CORP              | GB        |   1069159 | NS      | $9192558.41   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-02

**Name of Applicant:** Franklin Value Investors Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer