# EDGAR Filing Document

**Accession Number:** 0000809707
**File Stem:** 0001752724-25-153721
**Filing Date:** 2025-6
**Character Count:** 40142
**Document Hash:** 9de9acb7527d4c889fae2b5463b73cb0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-153721.hdr.sgml**: 20250624

**ACCESSION NUMBER**: 0001752724-25-153721

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250624

**DATE AS OF CHANGE**: 20250624

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Franklin Investors Securities Trust
- **CENTRAL INDEX KEY:** 0000809707

**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:** 811-04986
- **FILM NUMBER:** 251068684

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906
- **BUSINESS PHONE:** 650-312-2200

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN INVESTORS SECURITIES TRUST
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### FRANKLIN EQUITY INCOME FUND (Series ID: S000006852)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000018513 | Class A       | FISEX           |
| C000018515 | Class C       | FRETX           |
| C000018516 | Class R       | FREIX           |
| C000064443 | Advisor Class | FEIFX           |
| C000128878 | Class R6      | FEIQX           |

## 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 Investors Securities Trust

- **b. Investment Company Act file number:** 811-04986

- **c. CIK number of Registrant:** 0000809707

- **d. LEI of Registrant:** 549300XUGIR9DEQFV548

- **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 Equity Income Fund

- **b. EDGAR series identifier (if any):** S000006852

- **c. LEI of Series:** 549300NQIOLSX881UZ17

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**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:** $3985363221.12

**Total Liabilities:** $26708767.94

**Net Assets:** $3958654453.18

**Delayed Delivery Securities:** $17006750.00

**Cash Not Reported:** $8092581.20

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000064443 | -1.10%               | -3.04%               | -2.84%               |
| Class ID C000018515 | -1.17%               | -3.10%               | -2.93%               |
| Class ID C000018516 | -1.13%               | -3.08%               | -2.88%               |
| Class ID C000128878 | -1.06%               | -3.05%               | -2.84%               |
| Class ID C000018513 | -1.13%               | -3.05%               | -2.88%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $18649986.95             | $-73234331.20                              |
| Month 2  | $17485103.72             | $-153159365.22                             |
| Month 3  | $15270127.93             | $-138273233.13                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| National Bank of Canada into UnitedHealth Group, Inc.                       | National Bank of Canada into UnitedHealth Group, Inc.                       | CUSIP: 63306B302<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | SN               | CORP              | CA        |     41500 | NS      | $17689298.54  | 0.45%             | 2026-02-05      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                | Oracle Corp.                                                                | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |    401500 | NS      | $56499080.00  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell plc                                                                   | Shell plc                                                                   | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    875000 | NS      | $56420000.00  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp. plc                                                             | Eaton Corp. plc                                                             | CUSIP: N/A<br>LEI: 549300VDIGTMXUNT7H71       | Long             | EC               | CORP              | IE        |    260000 | NS      | $76536200.00  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock, Inc.                                                             | BlackRock, Inc.                                                             | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |     60000 | NS      | $54855600.00  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                                                              | Alphabet, Inc., Class A                                                     | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    174320 | NS      | $27682016.00  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management, Inc.                                              | Apollo Global Management, Inc.                                              | CUSIP: 03769M304<br>LEI: 254900LMFT1CY9IYB476 | Long             | EP               | CORP              | US        |   1097500 | NS      | $79151700.00  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart, Inc.                                                               | Walmart, Inc.                                                               | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |   1007500 | NS      | $97979375.00  | 2.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Global Markets Holdings, Inc. into Thermo Fisher Scientific, Inc. | Citigroup Global Markets Holdings, Inc. into Thermo Fisher Scientific, Inc. | CUSIP: 17331V451<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | SN               | CORP              | US        |     35000 | NS      | $15467458.40  | 0.39%             | 2025-10-22      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferies Financial Group, Inc. into Schlumberger NV                        | Jefferies Financial Group, Inc. into Schlumberger NV                        | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |    580000 | NS      | $19881657.39  | 0.50%             | 2025-10-17      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| KLA Corp.                                                                   | KLA Corp.                                                                   | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |     27000 | NS      | $18972630.00  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Mid-America Apartment Communities, Inc.                                     | Mid-America Apartment Communities, Inc.                                     | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |    385000 | NS      | $61465250.00  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp.                                                               | Danaher Corp.                                                               | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |     87500 | NS      | $17441375.00  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp.                                                     | Boston Scientific Corp.                                                     | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |    212500 | NS      | $21859875.00  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services, Inc.                                                     | Republic Services, Inc., Class A                                            | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |     50000 | NS      | $12537500.00  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| GE HealthCare Technologies, Inc.                                            | GE HealthCare Technologies, Inc.                                            | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |    380000 | NS      | $26725400.00  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy, Inc.                                                        | NextEra Energy, Inc.                                                        | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |    375000 | NS      | $25080000.00  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co.                                                        | American Express Co.                                                        | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |    192500 | NS      | $51283925.00  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                                                           | Johnson & Johnson                                                           | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    655000 | NS      | $102383050.00 | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays Bank plc into Telenor ASA                                          | Barclays Bank plc into Telenor ASA                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |    170000 | NS      | $25107886.06  | 0.63%             | 2025-08-07      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Merck & Co., Inc.                                                           | Merck & Co., Inc.                                                           | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    122500 | NS      | $10437000.00  | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Bank of Canada into Tesco plc                                         | Royal Bank of Canada into Tesco plc                                         | CUSIP: 779942648<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | SN               | CORP              | CA        |    420000 | NS      | $21545583.53  | 0.54%             | 2026-01-08      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The) into Parker-Hannifin Corp.                      | Toronto-Dominion Bank (The) into Parker-Hannifin Corp.                      | CUSIP: N/A<br>LEI: PT3QB789TSUIDF371261       | Long             | SN               | CORP              | CA        |     32000 | NS      | $19506971.84  | 0.49%             | 2025-11-18      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Suncor Energy, Inc.                                                         | Suncor Energy, Inc.                                                         | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |   1380000 | NS      | $48700200.00  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Bank of Canada into Oracle Corp.                                      | Royal Bank of Canada into Oracle Corp.                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |    111500 | NS      | $15728689.60  | 0.40%             | 2026-03-20      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Global Markets Holdings, Inc. into HCA Healthcare, Inc.           | Citigroup Global Markets Holdings, Inc. into HCA Healthcare, Inc.           | CUSIP: 17331N327<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | SN               | CORP              | US        |     62000 | NS      | $21308162.16  | 0.54%             | 2025-06-13      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch BV into Hubbell, Inc.                                         | Merrill Lynch BV into Hubbell, Inc.                                         | CUSIP: 59027W203<br>LEI: 549300RQ1D1WIE085245 | Long             | SN               | CORP              | NL        |     72000 | NS      | $26230490.09  | 0.66%             | 2025-07-10      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BNP Paribas Securities Corp.                                                | BNP Paribas Securities Corp.                                                | CUSIP: N/A<br>LEI: 2J5703FH5U5M97R1I237       | Long             | RA               | CORP              | US        |   3818588 | PA      | $3818588.24   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| TE Connectivity plc                                                         | TE Connectivity plc                                                         | CUSIP: N/A<br>LEI: 6367003TB6K484NFHE54       | Long             | EC               | CORP              | IE        |    215000 | NS      | $31471700.00  | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas, Inc.                                                                | Ventas, Inc.                                                                | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |   1000000 | NS      | $70080000.00  | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva, Inc.                                                               | Corteva, Inc.                                                               | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |    525000 | NS      | $32544750.00  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca plc                                                             | AstraZeneca plc                                                             | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |    690000 | NS      | $49535100.00  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Merrill Lynch BV into Eaton Corp. plc                                       | Merrill Lynch BV into Eaton Corp. plc                                       | CUSIP: 59027W344<br>LEI: 549300RQ1D1WIE085245 | Long             | SN               | CORP              | NL        |     59000 | NS      | $17188877.11  | 0.43%             | 2026-05-08      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The) into American Express Co.                       | Toronto-Dominion Bank (The) into American Express Co.                       | CUSIP: N/A<br>LEI: PT3QB789TSUIDF371261       | Long             | SN               | CORP              | CA        |     91800 | NS      | $25256356.55  | 0.64%             | 2026-03-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Broadcom, Inc.                                                              | Broadcom, Inc.                                                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    305000 | NS      | $58703350.00  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Natural Resources Ltd.                                             | Canadian Natural Resources Ltd.                                             | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |   1350000 | NS      | $38731500.00  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Global Markets Holdings, Inc. into KLA Corp.                      | Citigroup Global Markets Holdings, Inc. into KLA Corp.                      | CUSIP: 17331V121<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | SN               | CORP              | US        |     35500 | NS      | $23913191.34  | 0.60%             | 2025-12-04      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Medtronic plc                                                               | Medtronic plc                                                               | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |    585000 | NS      | $49584600.00  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Bank Securities Inc.                                               | Deutsche Bank Securities Inc.                                               | CUSIP: N/A<br>LEI: 9J6MBOOO7BECTDTUZW19       | Long             | RA               | CORP              | US        |    702418 | PA      | $702417.63    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Philip Morris International, Inc.                                           | Philip Morris International, Inc.                                           | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    255000 | NS      | $43696800.00  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone, Inc.                                                            | Blackstone, Inc.                                                            | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |    355000 | NS      | $46757050.00  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Arthur J Gallagher & Co.                                                    | Arthur J Gallagher & Co.                                                    | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |     35000 | NS      | $11224150.00  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Bank of Canada into Norfolk Southern Corp.                            | Royal Bank of Canada into Norfolk Southern Corp.                            | CUSIP: 779942457<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | SN               | CORP              | CA        |     96000 | NS      | $21799739.40  | 0.55%             | 2025-09-17      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PPL Corp.                                                                   | PPL Corp.                                                                   | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |   1450000 | NS      | $52925000.00  | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Cisco Systems, Inc.                                                         | Cisco Systems, Inc.                                                         | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |   1180000 | NS      | $68121400.00  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo, Inc.                                                               | PepsiCo, Inc.                                                               | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |    322500 | NS      | $43724550.00  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores, Inc.                                                | Casey's General Stores, Inc.                                                | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |     78500 | NS      | $36313315.00  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                                                        | JPMorgan Chase & Co.                                                        | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    716500 | NS      | $175270230.00 | 4.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                                              | Morgan Stanley                                                              | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |   1112500 | NS      | $128404750.00 | 3.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management, Inc.                                              | Apollo Global Management, Inc.                                              | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |     62500 | NS      | $8530000.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos., Inc.                                                           | Lowe's Cos., Inc.                                                           | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |    285000 | NS      | $63714600.00  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger NV                                                             | Schlumberger NV                                                             | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |    435000 | NS      | $14463750.00  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC Securities (USA) Inc.                                                  | HSBC Securities (USA) Inc.                                                  | CUSIP: N/A<br>LEI: CYYGQCGNHMHPSMRL3R97       | Long             | RA               | CORP              | US        |   1221923 | PA      | $1221922.97   | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Chevron Corp.                                                               | Chevron Corp.                                                               | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    920000 | NS      | $125175200.00 | 3.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp. (The)                                                  | Charles Schwab Corp. (The)                                                  | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |   1002500 | NS      | $81603500.00  | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Mizuho Markets Cayman LP into Danaher Corp.                                 | Mizuho Markets Cayman LP into Danaher Corp.                                 | CUSIP: 6068FR493<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | KY        |    116500 | NS      | $23281948.14  | 0.59%             | 2025-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Barclays Bank plc into Canadian Natural Resources Ltd.                      | Barclays Bank plc into Canadian Natural Resources Ltd.                      | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | CA        |    825100 | NS      | $23938301.12  | 0.60%             | 2026-02-25      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Coca-Cola Co. (The)                                                         | Coca-Cola Co. (The)                                                         | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    908500 | NS      | $65911675.00  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Caterpillar, Inc.                                                           | Caterpillar, Inc.                                                           | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |    110000 | NS      | $34019700.00  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| L3Harris Technologies, Inc.                                                 | L3Harris Technologies, Inc.                                                 | CUSIP: 502431109<br>LEI: 549300UTE50ZMDBG8A20 | Long             | EC               | CORP              | US        |     37500 | NS      | $8250750.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Norfolk Southern Corp.                                                      | Norfolk Southern Corp.                                                      | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |     95500 | NS      | $21396775.00  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co. (The)                                                  | Procter & Gamble Co. (The)                                                  | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |    655000 | NS      | $106483350.00 | 2.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell, Inc.                                                               | Hubbell, Inc., Class B                                                      | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |    108000 | NS      | $39223440.00  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corp.                                                       | Ares Management Corp., Class A                                              | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |    162500 | NS      | $24786125.00  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                                                       | Bank of America Corp.                                                       | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   2815000 | NS      | $112262200.00 | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy, Inc.                                                                | Evergy, Inc.                                                                | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |    520000 | NS      | $35932000.00  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis, Inc.                                                              | Prologis, Inc.                                                              | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |    480000 | NS      | $49056000.00  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co.                                                        | Emerson Electric Co.                                                        | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |    120000 | NS      | $12613200.00  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy, Inc.                                                        | NextEra Energy, Inc.                                                        | CUSIP: 65339F713<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EP               | CORP              | US        |   1315000 | NS      | $50627500.00  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co. (The)                                                            | Boeing Co. (The)                                                            | CUSIP: 097023204<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EP               | CORP              | US        |    965000 | NS      | $59231700.00  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp.                                                                   | RTX Corp.                                                                   | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |    550000 | NS      | $69371500.00  | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare, Inc.                                                        | HCA Healthcare, Inc.                                                        | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |    165000 | NS      | $56938200.00  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals, Inc.                                                        | United Rentals, Inc.                                                        | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |     90000 | NS      | $56830500.00  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co.                                                          | Tractor Supply Co.                                                          | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |    590000 | NS      | $29865800.00  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp.                                                           | Duke Energy Corp.                                                           | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |    845000 | NS      | $103106900.00 | 2.60%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group, Inc.                                                    | UnitedHealth Group, Inc.                                                    | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |    168500 | NS      | $69327640.00  | 1.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific, Inc.                                              | Thermo Fisher Scientific, Inc.                                              | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     92500 | NS      | $39682500.00  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp.                                                       | Parker-Hannifin Corp.                                                       | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |     85000 | NS      | $51430100.00  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Illinois Tool Works, Inc.                                                   | Illinois Tool Works, Inc.                                                   | CUSIP: 452308109<br>LEI: 76NA4I14SZCFAYMNSV04 | Long             | EC               | CORP              | US        |     85000 | NS      | $20392350.00  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp.                                                            | McDonald's Corp.                                                            | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |    155000 | NS      | $49545750.00  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Institutional Fiduciary Trust - Money Market Portfolio                      | Institutional Fiduciary Trust - Money Market Portfolio                      | CUSIP: 457756500<br>LEI: 549300M4TP89K77LG374 | Long             | STIV             | RF                | US        | 197122114 | NS      | $197122114.45 | 4.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo Bank NA into Alphabet, Inc.                                     | Wells Fargo Bank NA into Alphabet, Inc.                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |    151000 | NS      | $23737819.33  | 0.60%             | 2026-04-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Bank NA into Huntsman Corp.                                     | Wells Fargo Bank NA into Huntsman Corp.                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |    785000 | NS      | $10597110.27  | 0.27%             | 2025-06-03      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Texas Instruments, Inc.                                                     | Texas Instruments, Inc.                                                     | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |    340000 | NS      | $54417000.00  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corp.                                                       | Ares Management Corp., Series B                                             | CUSIP: 03990B309<br>LEI: 529900JUV61FH7B8VW38 | Long             | EP               | CORP              | US        |    915000 | NS      | $45173550.00  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Mizuho Markets Cayman LP into Charles Schwab Corp. (The)                    | Mizuho Markets Cayman LP into Charles Schwab Corp. (The)                    | CUSIP: 60701E147<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | KY        |    320000 | NS      | $26177664.38  | 0.66%             | 2025-12-23      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Linde plc                                                                   | Linde plc                                                                   | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | IE        |    100000 | NS      | $45323000.00  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-30

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

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer