# EDGAR Filing Document

**Accession Number:** 0000872625
**File Stem:** 0002071691-25-009310
**Filing Date:** 2025-12
**Character Count:** 40078
**Document Hash:** f712d2a703f590e7ae984f04cd165bd8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-009310.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0002071691-25-009310

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FRANKLIN STRATEGIC SERIES
- **CENTRAL INDEX KEY:** 0000872625

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06243
- **FILM NUMBER:** 251595207

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906
- **BUSINESS PHONE:** 650-570-3000

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN CALIFORNIA 250 GROWTH FUND
- **DATE OF NAME CHANGE:** 19911216

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN CALIFORNIA 250 GROWTH INDEX FUND
- **DATE OF NAME CHANGE:** 19910917

## Series and Classes Contracts Data

### FRANKLIN SMALL-MID CAP GROWTH FUND (Series ID: S000006888)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000018650 | CLASS A       | FRSGX           |
| C000018652 | CLASS C       | FRSIX           |
| C000018653 | ADVISOR CLASS | FSGAX           |
| C000018654 | CLASS R       | FSMRX           |
| C000128864 | Class R6      | FMGGX           |

## 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 Strategic Series

- **b. Investment Company Act file number:** 811-06243

- **c. CIK number of Registrant:** 0000872625

- **d. LEI of Registrant:** 549300NDWC0J6DXVSX36

- **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-Mid Cap Growth Fund

- **b. EDGAR series identifier (if any):** S000006888

- **c. LEI of Series:** 549300XZX5ZXXK3WKM42

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2025-10-31

**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:** $3817265038.85

**Total Liabilities:** $4732085.53

**Net Assets:** $3812532953.32

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000128864 | 0.39%                | -0.29%               | -0.72%               |
| Class ID C000018653 | 0.36%                | -0.28%               | -0.73%               |
| Class ID C000018654 | 0.35%                | -0.35%               | -0.78%               |
| Class ID C000018652 | 0.27%                | -0.38%               | -0.81%               |
| Class ID C000018650 | 0.34%                | -0.31%               | -0.75%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $13607727.36             | $-1400843.65                               |
| Month 2  | $21416760.43             | $-33730050.11                              |
| Month 3  | $3869447.71              | $-30602811.26                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Phononic, Inc.                                           | Phononic, Inc., Series H-S                               | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |     66235 | PA      | $66234.79     | 0.00%             | 2027-11-30      | Fixed         | 5.31%                 | Yes           |                  3 | On Loan: No      |
| Phononic, Inc.                                           | Phononic, Inc., First Lien, Term Loan, B                 | CUSIP: N/A<br>LEI: N/A                        | Long             | LON              | CORP              | US        |   1105933 | PA      | $914854.76    | 0.02%             | 2025-11-30      | Fixed         | 12.00%                | No            |                  3 | On Loan: No      |
| Blaize Events & Media, Inc.                              | Blaize Events & Media, Inc.                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    113948 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| AMETEK, Inc.                                             | AMETEK, Inc.                                             | CUSIP: 031100100<br>LEI: 549300WZDEF9KKE40E98 | Long             | EC               | CORP              | US        |    265345 | NS      | $53628877.95  | 1.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties, Inc.                        | Equity LifeStyle Properties, Inc.                        | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |    323560 | NS      | $19753338.00  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem, Inc.                                              | Xylem, Inc.                                              | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |    353508 | NS      | $53326681.80  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Lattice Semiconductor Corp.                              | Lattice Semiconductor Corp.                              | CUSIP: 518415104<br>LEI: 549300LRBBPZDQ2II567 | Long             | EC               | CORP              | US        |    903326 | NS      | $65906664.96  | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Worldwide Holdings, Inc.                          | Hilton Worldwide Holdings, Inc.                          | CUSIP: 43300A203<br>LEI: 549300HVGPK36ICB0B89 | Long             | EC               | CORP              | US        |    257676 | NS      | $66212424.96  | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| NVR, Inc.                                                | NVR, Inc.                                                | CUSIP: 62944T105<br>LEI: 529900RWXR4JI3JYTV70 | Long             | EC               | CORP              | US        |      5278 | NS      | $38058707.96  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Benchling, Inc.                                          | Benchling, Inc., Series F                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    347106 | NS      | $3902309.70   | 0.10%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Arteris, Inc.                                            | Arteris, Inc.                                            | CUSIP: 04302A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1456454 | NS      | $19822338.94  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Howmet Aerospace, Inc.                                   | Howmet Aerospace, Inc.                                   | CUSIP: 443201108<br>LEI: 549300HO5WFZUT5N2T22 | Long             | EC               | CORP              | US        |    476896 | NS      | $98216731.20  | 2.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corp.                                           | Repligen Corp.                                           | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |    305031 | NS      | $45467920.86  | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed, Inc.                                             | Insmed, Inc.                                             | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |    215800 | NS      | $40915680.00  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott International, Inc.                             | Marriott International, Inc., Class A                    | CUSIP: 571903202<br>LEI: 225YDZ14ZO8E1TXUSU86 | Long             | EC               | CORP              | US        |    156800 | NS      | $40858944.00  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Pinterest, Inc.                                          | Pinterest, Inc., Class A                                 | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1379579 | NS      | $45664064.90  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash, Inc.                                           | DoorDash, Inc., Class A                                  | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |    355519 | NS      | $90433368.03  | 2.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Fair Isaac Corp.                                         | Fair Isaac Corp.                                         | CUSIP: 303250104<br>LEI: RI6HET5SJUEY30V1PS26 | Long             | EC               | CORP              | US        |     42268 | NS      | $70145014.04  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy, Inc.                                    | Cheniere Energy, Inc.                                    | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |    103485 | NS      | $21938820.00  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Phononic, Inc.                                           | Phononic, Inc.                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |     66235 | PA      | $66234.79     | 0.00%             | 2027-11-30      | Fixed         | 5.31%                 | Yes           |                  3 | On Loan: No      |
| Phononic Devices, Inc.                                   | Phononic Devices, Inc., Series G-2-S                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |    513050 | NS      | $492.53       | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Phononic, Inc.                                           | Phononic, Inc., Series H-S-X                             | CUSIP: N/A<br>LEI: N/A                        | Long             |  | CORP              | US        |     47104 | NS      | $1280.38      | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Navan, Inc.                                              | Navan, Inc., Class A                                     | CUSIP: 639193101<br>LEI: 254900RHRK35UPHTGY05 | Long             | EC               | CORP              | US        |    150724 | NS      | $3055929.10   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Blaize Holdings, Inc.                                    | Blaize Holdings, Inc.                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    114150 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| StandardAero, Inc.                                       | StandardAero, Inc.                                       | CUSIP: 85423L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    839610 | NS      | $24256332.90  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Trade Desk, Inc. (The)                                   | Trade Desk, Inc. (The), Class A                          | CUSIP: 88339J105<br>LEI: 549300GXPD31VT3E0P46 | Long             | EC               | CORP              | US        |    426591 | NS      | $21448995.48  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Jones Lang LaSalle, Inc.                                 | Jones Lang LaSalle, Inc.                                 | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |     28439 | NS      | $8676454.51   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| HealthEquity, Inc.                                       | HealthEquity, Inc.                                       | CUSIP: 42226A107<br>LEI: 529900LRJU1RAFQHM467 | Long             | EC               | CORP              | US        |    227939 | NS      | $21558470.62  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co.                                              | Carvana Co., Class A                                     | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |    182919 | NS      | $56071990.26  | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeva Systems, Inc.                                      | Veeva Systems, Inc., Class A                             | CUSIP: 922475108<br>LEI: 549300YZEXPDB92M2F02 | Long             | EC               | CORP              | US        |    258827 | NS      | $75370422.40  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co.                                      | Vertiv Holdings Co., Class A                             | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |    530646 | NS      | $102340387.56 | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX Corp.                                             | ROBLOX Corp., Class A                                    | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1264428 | NS      | $143790752.16 | 3.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Caribbean Cruises Ltd.                             | Royal Caribbean Cruises Ltd.                             | CUSIP: N/A<br>LEI: K2NEH8QNVW44JIWK7Z55       | Long             | EC               | CORP              | LR        |    387633 | NS      | $111184773.39 | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera, Inc.                                             | Natera, Inc.                                             | CUSIP: 632307104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    324800 | NS      | $64612464.00  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| MSCI, Inc.                                               | MSCI, Inc., Class A                                      | CUSIP: 55354G100<br>LEI: 549300HTIN2PD78UB763 | Long             | EC               | CORP              | US        |    109440 | NS      | $64410912.00  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise, Inc.                                    | Axon Enterprise, Inc.                                    | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |    121957 | NS      | $89300574.11  | 2.34%             |  |  |  | No            |                  1 | On Loan: No      |
| AAON, Inc.                                               | AAON, Inc.                                               | CUSIP: 000360206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    585300 | NS      | $57587667.00  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Nasdaq, Inc.                                             | Nasdaq, Inc.                                             | CUSIP: 631103108<br>LEI: 549300L8X1Q78ERXFD06 | Long             | EC               | CORP              | US        |    443736 | NS      | $37934990.64  | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| AutoZone, Inc.                                           | AutoZone, Inc.                                           | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |     15400 | NS      | $56586222.00  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Datadog, Inc.                                            | Datadog, Inc., Class A                                   | CUSIP: 23804L103<br>LEI: 549300F6JNO0KRPO1K63 | Long             | EC               | CORP              | US        |    627281 | NS      | $102127619.61 | 2.68%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies, Inc.                                   | BWX Technologies, Inc.                                   | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |    303556 | NS      | $64842597.16  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| CG oncology, Inc.                                        | CG oncology, Inc.                                        | CUSIP: 156944100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    385071 | NS      | $16662022.17  | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| HubSpot, Inc.                                            | HubSpot, Inc.                                            | CUSIP: 443573100<br>LEI: 529900BLNVEW0MVKJB37 | Long             | EC               | CORP              | US        |    126673 | NS      | $62312982.16  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Cava Group, Inc.                                         | Cava Group, Inc.                                         | CUSIP: 148929102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    740509 | NS      | $39787548.57  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Phononic, Inc.                                           | Phononic, Inc., Series H-S                               | CUSIP: N/A<br>LEI: N/A                        | Long             | DBT              | CORP              | US        |     66235 | PA      | $66234.79     | 0.00%             | 2027-11-30      | Fixed         | 5.31%                 | Yes           |                  3 | On Loan: No      |
| Alnylam Pharmaceuticals, Inc.                            | Alnylam Pharmaceuticals, Inc.                            | CUSIP: 02043Q107<br>LEI: 529900S3ZI14OWRJII50 | Long             | EC               | CORP              | US        |    164505 | NS      | $75020860.20  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Procore Technologies, Inc.                               | Procore Technologies, Inc.                               | CUSIP: 74275K108<br>LEI: 5493005PTWY0RHYRAH22 | Long             | EC               | CORP              | US        |    599965 | NS      | $44289416.30  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Ascendis Pharma A/S                                      | Ascendis Pharma A/S                                      | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |     50232 | NS      | $10126771.20  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Owl Capital, Inc.                                   | Blue Owl Capital, Inc., Class A                          | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2935479 | NS      | $46292503.83  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Dexcom, Inc.                                             | Dexcom, Inc.                                             | CUSIP: 252131107<br>LEI: 549300YSK3QDSFR5EU59 | Long             | EC               | CORP              | US        |    949600 | NS      | $55285712.00  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| BellRing Brands, Inc.                                    | BellRing Brands, Inc.                                    | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |    263031 | NS      | $7925124.03   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Blaize Events & Media, Inc.                              | Blaize Events & Media, Inc.                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    114800 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Fifth Third Bancorp                                      | Fifth Third Bancorp                                      | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |    851600 | NS      | $35443592.00  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores, Inc.                             | Casey's General Stores, Inc.                             | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |     46457 | NS      | $23841267.83  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Penumbra, Inc.                                           | Penumbra, Inc.                                           | CUSIP: 70975L107<br>LEI: 549300RGE06P3ECANU72 | Long             | EC               | CORP              | US        |    144373 | NS      | $32826089.01  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Manhattan Associates, Inc.                               | Manhattan Associates, Inc.                               | CUSIP: 562750109<br>LEI: 529900Q1GJP7KD52SW51 | Long             | EC               | CORP              | US        |    233500 | NS      | $42513345.00  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| OneTrust LLC                                             | OneTrust LLC, Series C                                   | CUSIP: N/A<br>LEI: 984500WD5532BB49FA33       | Long             | EC               | CORP              | US        |    767526 | NS      | $14989422.04  | 0.39%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Blaize Events & Media, Inc.                              | Blaize Events & Media, Inc.                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    126137 | NS      | $493195.67    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Plaid, Inc.                                              | Plaid, Inc., Class A                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |     30940 | NS      | $5832307.14   | 0.15%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SailPoint, Inc.                                          | SailPoint, Inc.                                          | CUSIP: 78781J109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    602600 | NS      | $13064368.00  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Wingstop, Inc.                                           | Wingstop, Inc.                                           | CUSIP: 974155103<br>LEI: 549300SSH3F8HPIM3Q47 | Long             | EC               | CORP              | US        |    168225 | NS      | $36442581.75  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Vistra Corp.                                             | Vistra Corp.                                             | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |    365578 | NS      | $68838337.40  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Anduril Industries, Inc.                                 | Anduril Industries, Inc., Series F                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    414483 | NS      | $23509765.90  | 0.62%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Verisk Analytics, Inc.                                   | Verisk Analytics, Inc., Class A                          | CUSIP: 92345Y106<br>LEI: 549300I1YSWNIRKBWP67 | Long             | EC               | CORP              | US        |    297234 | NS      | $65022909.84  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories, Inc.                                 | IDEXX Laboratories, Inc.                                 | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |     72732 | NS      | $45785521.32  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Institutional U.S. Government Money Market Fund | Franklin Institutional U.S. Government Money Market Fund | CUSIP: 8611239C3<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    958400 | NS      | $958400.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Phononic Devices, Inc.                                   | Phononic Devices, Inc., Series F-S                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |   2970061 | NS      | $121.77       | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Onto Innovation, Inc.                                    | Onto Innovation, Inc.                                    | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |    241029 | NS      | $32529273.84  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL Financial Holdings, Inc.                             | LPL Financial Holdings, Inc.                             | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |    139948 | NS      | $52803779.88  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Databricks, Inc.                                         | Databricks, Inc., Series G                               | CUSIP: N/A<br>LEI: 984500FEDAC7FBD96273       | Long             | EC               | CORP              | US        |    227829 | NS      | $34174350.00  | 0.90%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Paychex, Inc.                                            | Paychex, Inc.                                            | CUSIP: 704326107<br>LEI: 529900K900DW6SUBM174 | Long             | EC               | CORP              | US        |    411927 | NS      | $48207816.81  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corp.                                    | Ares Management Corp., Class A                           | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |    569336 | NS      | $84665956.56  | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Newsela, Inc.                                            | Newsela, Inc., Series D                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    423782 | NS      | $7669490.94   | 0.20%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Fanatics Holdings, Inc.                                  | Fanatics Holdings, Inc.                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    793714 | NS      | $49174484.20  | 1.29%             |  |  |  | Yes           |                  3 | On Loan: No      |
| TransUnion                                               | TransUnion                                               | CUSIP: 89400J107<br>LEI: 549300ZS772LUNUMRB03 | Long             | EC               | CORP              | US        |    254166 | NS      | $20633195.88  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Netskope, Inc.                                           | Netskope, Inc., Class A                                  | CUSIP: 64119N608<br>LEI: 254900CS525VJG6KO570 | Long             | EC               | CORP              | US        |    146822 | NS      | $3470872.08   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Phononic, Inc.                                           | Phononic, Inc., Series H-S                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EP               | CORP              | US        |    117763 | NS      | $194633.74    | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Old Dominion Freight Line, Inc.                          | Old Dominion Freight Line, Inc.                          | CUSIP: 679580100<br>LEI: 5299009TWK32WE417T96 | Long             | EC               | CORP              | US        |    244488 | NS      | $34331004.96  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Tradeweb Markets, Inc.                                   | Tradeweb Markets, Inc., Class A                          | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    296376 | NS      | $31235066.64  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals, Inc.                                     | United Rentals, Inc.                                     | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |     54446 | NS      | $47432266.28  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co.                                       | Tractor Supply Co.                                       | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |   1415180 | NS      | $76575389.80  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Astera Labs, Inc.                                        | Astera Labs, Inc.                                        | CUSIP: 04626A103<br>LEI: 529900LJL8TUEGF7HG20 | Long             | EC               | CORP              | US        |     51086 | NS      | $9536734.48   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Paymentus Holdings, Inc.                                 | Paymentus Holdings, Inc., Class A                        | CUSIP: 70439P108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    690657 | NS      | $19752790.20  | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyler Technologies, Inc.                                 | Tyler Technologies, Inc.                                 | CUSIP: 902252105<br>LEI: 25490040SMU4Z8LBCW70 | Long             | EC               | CORP              | US        |     94400 | NS      | $44958944.00  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SiTime Corp.                                             | SiTime Corp.                                             | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30381 | NS      | $8799552.84   | 0.23%             |  |  |  | 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        |  75214357 | NS      | $75214357.47  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Roadhouse, Inc.                                    | Texas Roadhouse, Inc., Class A                           | CUSIP: 882681109<br>LEI: 5299002Y1CNRPDGXTQ75 | Long             | EC               | CORP              | US        |    288800 | NS      | $47241904.00  | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp.                                    | Targa Resources Corp.                                    | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |    325116 | NS      | $50080868.64  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastenal Co.                                             | Fastenal Co.                                             | CUSIP: 311900104<br>LEI: 529900PP0C7H2HHPSJ32 | Long             | EC               | CORP              | US        |    613597 | NS      | $25249516.55  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| New York Times Co. (The)                                 | New York Times Co. (The), Class A                        | CUSIP: 650111107<br>LEI: 529900J1WEMMIW7BOH57 | Long             | EC               | CORP              | US        |    810828 | NS      | $46209087.72  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| EURO                                                     | EURO                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |       146 | OU      | $167.91       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora, Inc.                                            | Cencora, Inc.                                            | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |    212070 | NS      | $71639366.70  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Blaize Events & Media, Inc.                              | Blaize Events & Media, Inc.                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    114420 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Burlington Stores, Inc.                                  | Burlington Stores, Inc.                                  | CUSIP: 122017106<br>LEI: 5299003Z37DVGKKC1W09 | Long             | EC               | CORP              | US        |    262567 | NS      | $71835705.53  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkami Technology, Inc.                                  | Alkami Technology, Inc.                                  | CUSIP: 01644J108<br>LEI: 254900FCNYU4HNEV9L47 | Long             | EC               | CORP              | US        |   1020496 | NS      | $20705863.84  | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare, Inc.                                         | Cloudflare, Inc., Class A                                | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |    267561 | NS      | $67773201.30  | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems, Inc.                           | Monolithic Power Systems, Inc.                           | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |     91727 | NS      | $92185635.00  | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Phononic, Inc.                                           | Phononic, Inc., Series H-S                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |     23970 | NS      | $651.55       | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-01

**Name of Applicant:** Franklin Strategic Series

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer