# EDGAR Filing Document

**Accession Number:** 0000038721
**File Stem:** 0002071691-26-003953
**Filing Date:** 2026-2
**Character Count:** 37772
**Document Hash:** 059a4e366198bea17bc6280167e18d8e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-003953.hdr.sgml**: 20260225

**ACCESSION NUMBER**: 0002071691-26-003953

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260225

**DATE AS OF CHANGE**: 20260225

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Franklin Custodian Funds
- **CENTRAL INDEX KEY:** 0000038721

**ORGANIZATION NAME:**
- **EIN:** 132573775
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-00537
- **FILM NUMBER:** 26675082

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906
- **BUSINESS PHONE:** 650-312-2000

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN CUSTODIAN FUNDS
- **DATE OF NAME CHANGE:** 20080128

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN CUSTODIAN FUNDS INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### FRANKLIN GROWTH FUND (Series ID: S000006755)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000018324 | Class A       | FKGRX           |
| C000018326 | Class C       | FRGSX           |
| C000018327 | Advisor Class | FCGAX           |
| C000018328 | Class R       | FGSRX           |
| C000128786 | Class R6      | FIFRX           |

## 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 Custodian Funds

- **b. Investment Company Act file number:** 811-00537

- **c. CIK number of Registrant:** 0000038721

- **d. LEI of Registrant:** 549300PYEMTLTOE2MK86

- **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 Growth Fund

- **b. EDGAR series identifier (if any):** S000006755

- **c. LEI of Series:** 549300HNBBCTK2YQED48

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2025-12-31

**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:** $17696652418.85

**Total Liabilities:** $13137091.87

**Net Assets:** $17683515326.98

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000018324 | 3.16%                | -1.01%               | -0.53%               |
| Class ID C000018326 | 3.10%                | -1.08%               | -0.59%               |
| Class ID C000018327 | 3.18%                | -1.00%               | -0.51%               |
| Class ID C000018328 | 3.14%                | -1.03%               | -0.55%               |
| Class ID C000128786 | 3.19%                | -0.99%               | -0.51%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $296522445.96            | $280932793.25                              |
| Month 2  | $162075841.14            | $-351408299.22                             |
| Month 3  | $258296991.49            | $-356014705.07                             |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Abbott Laboratories                                      | Abbott Laboratories                                      | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |    701350 | NS      | $87872141.50   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| AbbVie, Inc.                                             | AbbVie, Inc.                                             | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |    412189 | NS      | $94181064.61   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilent Technologies, Inc.                               | Agilent Technologies, Inc.                               | CUSIP: 00846U101<br>LEI: QUIX8Y7A2WP0XRMW7G29 | Long             | EC               | CORP              | US        |    982330 | NS      | $133665643.10  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                                           | Alphabet, Inc., Class C                                  | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   1697852 | NS      | $532785957.60  | 3.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                                           | Alphabet, Inc., Class A                                  | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   1323030 | NS      | $414108390.00  | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                                         | Amazon.com, Inc.                                         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |   3593324 | NS      | $829411045.68  | 4.69%             |  |  |  | No            |                  1 | On Loan: No      |
| AMETEK, Inc.                                             | AMETEK, Inc.                                             | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |    722202 | NS      | $148275292.62  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp.                                           | Amphenol Corp., Class A                                  | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |   4838613 | NS      | $653890160.82  | 3.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple, Inc.                                              | Apple, Inc.                                              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   2166981 | NS      | $589115454.66  | 3.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ARM Holdings plc                                         | ARM Holdings plc                                         | CUSIP: 042068205<br>LEI: 2138001E66EELTE7Y904 | Long             | EC               | CORP              | GB        |    337196 | NS      | $36858894.76   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca plc                                          | AstraZeneca plc                                          | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |   1995949 | NS      | $183487591.57  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Autodesk, Inc.                                           | Autodesk, Inc.                                           | CUSIP: 052769106<br>LEI: FRKKVKAIQEF3FCSTPG55 | Long             | EC               | CORP              | US        |    724956 | NS      | $214594225.56  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Automatic Data Processing, Inc.                          | Automatic Data Processing, Inc.                          | CUSIP: 053015103<br>LEI: HGBOLILQXWER4SAL2I23 | Long             | EC               | CORP              | US        |     99532 | NS      | $25602616.36   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies, Inc.                                   | BWX Technologies, Inc.                                   | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |   1062679 | NS      | $183673438.36  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackstone, Inc.                                         | Blackstone, Inc.                                         | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |    928444 | NS      | $143110358.16  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock, Inc.                                          | BlackRock, Inc.                                          | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |    117117 | NS      | $125355009.78  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings, Inc.                                   | Booking Holdings, Inc.                                   | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |     26649 | NS      | $142714189.17  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom, Inc.                                           | Broadcom, Inc.                                           | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |   1416743 | NS      | $490334752.30  | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Pacific Kansas City Ltd.                        | Canadian Pacific Kansas City Ltd.                        | CUSIP: 13646K108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |   1274013 | NS      | $93805577.19   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co.                                              | Carvana Co., Class A                                     | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |     86567 | NS      | $36533005.34   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Costco Wholesale Corp.                                   | Costco Wholesale Corp.                                   | CUSIP: 22160K105<br>LEI: 29DX7H14B9S6O3FD6V18 | Long             | EC               | CORP              | US        |    220134 | NS      | $189830353.56  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings, Inc.                               | Crowdstrike Holdings, Inc., Class A                      | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |    125566 | NS      | $58860318.16   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp.                                     | Curtiss-Wright Corp.                                     | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |    241851 | NS      | $133325200.77  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp.                                            | Danaher Corp.                                            | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |   1071339 | NS      | $245250923.88  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Deere & Co.                                              | Deere & Co.                                              | CUSIP: 244199105<br>LEI: PWFTNG3EI0Y73OXWDH08 | Long             | EC               | CORP              | US        |    308150 | NS      | $143465395.50  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Ecolab, Inc.                                             | Ecolab, Inc.                                             | CUSIP: 278865100<br>LEI: 82DYEISM090VG8LTLS26 | Long             | EC               | CORP              | US        |    558977 | NS      | $146742642.04  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms, Inc.                                     | Meta Platforms, Inc., Class A                            | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |    259247 | NS      | $171126352.23  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co.                                             | Fastenal Co.                                             | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |   4579735 | NS      | $183784765.55  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| OneTrust LLC                                             | OneTrust LLC, Series C                                   | CUSIP: N/A<br>LEI: 984500WD5532BB49FA33       | Long             | EC               | CORP              | US        |    849894 | NS      | $12491945.99   | 0.07%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Ingersoll Rand, Inc.                                     | Ingersoll Rand, Inc.                                     | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |   2090234 | NS      | $165588337.48  | 0.94%             |  |  |  | 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        |  75487611 | NS      | $75487610.55   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Intercontinental Exchange, Inc.                          | Intercontinental Exchange, Inc.                          | CUSIP: 45866F104<br>LEI: 5493000F4ZO33MV32P92 | Long             | EC               | CORP              | US        |   1277457 | NS      | $206896935.72  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit, Inc.                                             | Intuit, Inc.                                             | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |    353528 | NS      | $234184017.76  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical, Inc.                                 | Intuitive Surgical, Inc.                                 | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |    551470 | NS      | $312330549.20  | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Stripe, Inc.                                             | Stripe, Inc., Class B                                    | CUSIP: N/A<br>LEI: 549300CLHGIPTCYHQ143       | Long             | EC               | CORP              | US        |    540043 | NS      | $22690413.21   | 0.13%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Lam Research Corp.                                       | Lam Research Corp.                                       | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |    154539 | NS      | $26453986.02   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                                          | Eli Lilly & Co.                                          | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |    292331 | NS      | $314162279.08  | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Martin Marietta Materials, Inc.                          | Martin Marietta Materials, Inc.                          | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |    316292 | NS      | $196942376.72  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard, Inc.                                         | Mastercard, Inc., Class A                                | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    861012 | NS      | $491534530.56  | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Sartorius AG                                             | Sartorius AG                                             | CUSIP: N/A<br>LEI: 529900EQV2DY4FOAMU38       | Long             | EP               | CORP              | DE        |    453990 | NS      | $130733025.18  | 0.74%             |  |  |  | No            |                  2 | On Loan: No      |
| MercadoLibre, Inc.                                       | MercadoLibre, Inc.                                       | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |     26585 | NS      | $53549102.10   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Mettler-Toledo International, Inc.                       | Mettler-Toledo International, Inc.                       | CUSIP: 592688105<br>LEI: 5493000BD5GJNUDIUG10 | Long             | EC               | CORP              | US        |    141132 | NS      | $196764823.08  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                                          | Microsoft Corp.                                          | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |   2579077 | NS      | $1247293218.74 | 7.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Gusto, Inc.                                              | Gusto, Inc., Series E                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    822494 | NS      | $18800743.87   | 0.11%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Stripe, Inc.                                             | Stripe, Inc., Series I                                   | CUSIP: N/A<br>LEI: 549300CLHGIPTCYHQ143       | Long             | EC               | CORP              | US        |   1759545 | NS      | $73928933.63   | 0.42%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Monolithic Power Systems, Inc.                           | Monolithic Power Systems, Inc.                           | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |    313715 | NS      | $284338727.40  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Monster Beverage Corp.                                   | Monster Beverage Corp.                                   | CUSIP: 61174X109<br>LEI: 52990090AP0E7HCB6F33 | Long             | EC               | CORP              | US        |   3041359 | NS      | $233180994.53  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorola Solutions, Inc.                                 | Motorola Solutions, Inc.                                 | CUSIP: 620076307<br>LEI: 6S552MUG6KGJVEBSEC55 | Long             | EC               | CORP              | US        |    191984 | NS      | $73591306.88   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                                            | Netflix, Inc.                                            | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |   1801230 | NS      | $168883324.80  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy, Inc.                                     | NextEra Energy, Inc.                                     | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |   2417070 | NS      | $194042379.60  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrop Grumman Corp.                                   | Northrop Grumman Corp.                                   | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |    512809 | NS      | $292408819.89  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                             | NVIDIA Corp.                                             | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   8178379 | NS      | $1525267683.50 | 8.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Dominion Freight Line, Inc.                          | Old Dominion Freight Line, Inc.                          | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |    362356 | NS      | $56817420.80   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC, Inc.                                                | PTC, Inc.                                                | CUSIP: 69370C100<br>LEI: 54930050SSMU8SKDJ030 | Long             | EC               | CORP              | US        |    864206 | NS      | $150553327.26  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks, Inc.                                 | Palo Alto Networks, Inc.                                 | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |    433196 | NS      | $79794703.20   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp.                                    | Parker-Hannifin Corp.                                    | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |    226067 | NS      | $198703850.32  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp.                                                | RTX Corp.                                                | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |   1322531 | NS      | $242552185.40  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services, Inc.                                  | Republic Services, Inc., Class A                         | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |    583401 | NS      | $123640173.93  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P Global, Inc.                                         | S&P Global, Inc.                                         | CUSIP: 78409V104<br>LEI: Y6X4K52KMJMZE7I7MY94 | Long             | EC               | CORP              | US        |    331546 | NS      | $173262624.14  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Salesforce, Inc.                                         | Salesforce, Inc.                                         | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |    247959 | NS      | $65686818.69   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp. (The)                               | Charles Schwab Corp. (The)                               | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |   1988917 | NS      | $198712697.47  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ServiceNow, Inc.                                         | ServiceNow, Inc.                                         | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |   1154734 | NS      | $176893701.46  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Shopify, Inc.                                            | Shopify, Inc., Class A                                   | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |    389406 | NS      | $62682683.82   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Stryker Corp.                                            | Stryker Corp.                                            | CUSIP: 863667101<br>LEI: 5493002F0SC4JTBU5137 | Long             | EC               | CORP              | US        |    468215 | NS      | $164563526.05  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys, Inc.                                           | Synopsys, Inc.                                           | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |    539932 | NS      | $253616859.04  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments, Inc.                                  | Texas Instruments, Inc.                                  | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |    736227 | NS      | $127728022.23  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific, Inc.                           | Thermo Fisher Scientific, Inc.                           | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |    350282 | NS      | $202970904.90  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets, Inc.                                   | Tradeweb Markets, Inc., Class A                          | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    858052 | NS      | $92274912.08   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Canva Australia Holdings Pty. Ltd.                       | Canva Australia Holdings Pty. Ltd., Class B              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |     25413 | NS      | $41833355.82   | 0.24%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Canva Australia Holdings Pty. Ltd.                       | Canva Australia Holdings Pty. Ltd., Series A             | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |      2353 | NS      | $3873367.42    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Canva Australia Holdings Pty. Ltd.                       | Canva Australia Holdings Pty. Ltd., Series A-5           | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |         5 | NS      | $8230.70       | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Canva Australia Holdings Pty. Ltd.                       | Canva Australia Holdings Pty. Ltd., Series A-4           | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |         8 | NS      | $13169.12      | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Canva Australia Holdings Pty. Ltd.                       | Canva Australia Holdings Pty. Ltd., Series A-3           | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |        94 | NS      | $154737.16     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Tyler Technologies, Inc.                                 | Tyler Technologies, Inc.                                 | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |    136347 | NS      | $61894720.65   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Uber Technologies, Inc.                                  | Uber Technologies, Inc.                                  | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |    411080 | NS      | $33589346.80   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp.                                      | Union Pacific Corp.                                      | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |    809492 | NS      | $187251689.44  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| UnitedHealth Group, Inc.                                 | UnitedHealth Group, Inc.                                 | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |    310155 | NS      | $102385267.05  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Verisk Analytics, Inc.                                   | Verisk Analytics, Inc., Class A                          | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |    168571 | NS      | $37707646.99   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa, Inc.                                               | Visa, Inc., Class A                                      | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |    813115 | NS      | $285167561.65  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem, Inc.                                              | Xylem, Inc.                                              | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |   1145451 | NS      | $155987517.18  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Checkout Payments Group Ltd.                             | Checkout Payments Group Ltd., Class B                    | CUSIP: N/A<br>LEI: 213800VZSCTVSAZUJO06       | Long             | EC               | CORP              | JE        |     96603 | NS      | $11362438.48   | 0.06%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Plaid, Inc.                                              | Plaid, Inc., Class A                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     98050 | NS      | $17982277.93   | 0.10%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Aestas Management Co. LLC                                | Aestas Management Co. LLC                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     17336 | NS      | $8254103.00    | 0.05%             |  |  |  | Yes           |                  3 | On Loan: No      |
| EURO                                                     | EURO                                                     | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | XX        |        -0 | OU      | $-0.01         | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp. plc                                          | Eaton Corp. plc                                          | CUSIP: N/A<br>LEI: 549300VDIGTMXUNT7H71       | Long             | EC               | CORP              | IE        |    393770 | NS      | $125419682.70  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International plc                       | Johnson Controls International plc                       | CUSIP: N/A<br>LEI: 549300XQ6S1GYKGBL205       | Long             | EC               | CORP              | IE        |   1591156 | NS      | $190540931.00  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde plc                                                | Linde plc                                                | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | IE        |    628827 | NS      | $268125544.53  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| TE Connectivity plc                                      | TE Connectivity plc                                      | CUSIP: N/A<br>LEI: 6367003TB6K484NFHE54       | Long             | EC               | CORP              | IE        |    579938 | NS      | $131941694.38  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Trane Technologies plc                                   | Trane Technologies plc                                   | CUSIP: N/A<br>LEI: 549300BURLR9SLYY2705       | Long             | EC               | CORP              | IE        |    627414 | NS      | $244189528.80  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Spotify Technology SA                                    | Spotify Technology SA                                    | CUSIP: N/A<br>LEI: 549300B4X0JHWV0DTD60       | Long             | EC               | CORP              | LU        |     25304 | NS      | $14694285.84   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                                          | ASML Holding NV                                          | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |    324577 | NS      | $347251949.22  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Anduril Industries, Inc.                                 | Anduril Industries, Inc., Series F                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   1150134 | NS      | $71308308.00   | 0.40%             |  |  |  | Yes           |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-30

**Name of Applicant:** Franklin Custodian Funds

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer