# EDGAR Filing Document

**Accession Number:** 0000837274
**File Stem:** 0002071691-25-006472
**Filing Date:** 2025-11
**Character Count:** 30737
**Document Hash:** 665b2bc41e9ad17a44dcaf1fe1dee7cd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-006472.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0002071691-25-006472

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST
- **CENTRAL INDEX KEY:** 0000837274

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05583
- **FILM NUMBER:** 251511844

**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 VALUEMARK FUNDS
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN VALUEMARK ANNUITY FUNDS
- **DATE OF NAME CHANGE:** 19881129

## Series and Classes Contracts Data

### FRANKLIN MUTUAL SHARES VIP FUND (Series ID: S000007320)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000020108 | Class 1      |  |
| C000020109 | Class 2      |  |
| C000061782 | Class 4      |  |

## 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 Templeton Variable Insurance Products Trust

- **b. Investment Company Act file number:** 811-05583

- **c. CIK number of Registrant:** 0000837274

- **d. LEI of Registrant:** 549300PIBKZH7YTTWU55

- **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 Mutual Shares VIP Fund

- **b. EDGAR series identifier (if any):** S000007320

- **c. LEI of Series:** 1DP83FR2CH0PKYUU1X44

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**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:** $1960055322.25

**Total Liabilities:** $2354037.80

**Net Assets:** $1957701284.45

**Cash Not Reported:** $1124410.98

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000020108 | -1.85%               | 4.44%                | -0.98%               |
| Class ID C000061782 | -1.87%               | 4.46%                | -1.05%               |
| Class ID C000020109 | -1.84%               | 4.46%                | -1.01%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $19700644.87             | $-57583574.90                              |
| Month 2  | $12316119.40             | $70970803.57                               |
| Month 3  | $-27823092.71            | $3867159.56                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BlackRock, Inc.                                          | BlackRock, Inc.                                                                | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |     35037 | NS      | $40848587.19  | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                                           | Alphabet, Inc., Class A                                                        | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    224342 | NS      | $54537540.20  | 2.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                                         | Amazon.com, Inc.                                                               | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    209619 | NS      | $46026043.83  | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Neptune Bidco US, Inc.                                   | Neptune Bidco US, Inc., First Lien, Dollar CME Term Loan, B                    | CUSIP: 64069JAC6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  11395288 | PA      | $10876859.74  | 0.56%             | 2029-04-11      | Variable      | 9.43%                 | No            |                  2 | On Loan: No      |
| Gen Digital, Inc.                                        | Gen Digital, Inc.                                                              | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |   1091294 | NS      | $30981836.66  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| British American Tobacco plc                             | British American Tobacco plc                                                   | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |    546221 | NS      | $29052025.54  | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Fiserv, Inc.                                             | Fiserv, Inc.                                                                   | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |    235470 | NS      | $30359147.10  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Michaels Cos., Inc. (The)                                | Michaels Cos., Inc. (The), First Lien, CME Term Loan, B                        | CUSIP: 59408UAB3<br>LEI: 549300H9LWMBP7HYLR98 | Long             | LON              | CORP              | US        |  15693758 | PA      | $14861753.65  | 0.76%             | 2028-04-17      | Variable      | 8.81%                 | No            |                  2 | On Loan: No      |
| Merck & Co., Inc.                                        | Merck & Co., Inc.                                                              | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |    313997 | NS      | $26353768.21  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas SA                                           | BNP Paribas SA                                                                 | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | EC               | CORP              | FR        |    369776 | NS      | $33820747.49  | 1.73%             |  |  |  | No            |                  2 | On Loan: No      |
| Michaels Cos., Inc. (The)                                | Michaels Cos., Inc. (The)                                                      | CUSIP: 55916AAB0<br>LEI: 549300H9LWMBP7HYLR98 | Long             | DBT              | CORP              | US        |   7912000 | PA      | $6646080.00   | 0.34%             | 2029-05-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| Johnson Controls International plc                       | Johnson Controls International plc                                             | CUSIP: N/A<br>LEI: 549300XQ6S1GYKGBL205       | Long             | EC               | CORP              | IE        |    318945 | NS      | $35068002.75  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group, Inc. (The)                     | Hartford Insurance Group, Inc. (The)                                           | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |    293093 | NS      | $39095675.27  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Progressive Corp. (The)                                  | Progressive Corp. (The)                                                        | CUSIP: 743315103<br>LEI: 529900TACNVLY9DCR586 | Long             | EC               | CORP              | US        |    157470 | NS      | $38887216.50  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)                 | PNC Financial Services Group, Inc. (The)                                       | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |    187872 | NS      | $37749120.96  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Adobe, Inc.                                              | Adobe, Inc.                                                                    | CUSIP: 00724F101<br>LEI: FU4LY2G4933NH2E1CP29 | Long             | EC               | CORP              | US        |    108079 | NS      | $38124867.25  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corp.                                     | Dollar General Corp.                                                           | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |    342587 | NS      | $35406366.45  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co.                                  | International Paper Co.                                                        | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |    675337 | NS      | $31335636.80  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic plc                                            | Medtronic plc                                                                  | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |    380550 | NS      | $36243582.00  | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp.                              | Capital One Financial Corp.                                                    | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |    153490 | NS      | $32628904.20  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Uniti Group, Inc.                                        | Uniti Group, Inc.                                                              | CUSIP: N/A<br>LEI: 549300V3NU625PJUVA84       | Long             |  | CORP              | US        |    125422 | NS      | $591889.50    | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Ulta Beauty, Inc.                                        | Ulta Beauty, Inc.                                                              | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |     61592 | NS      | $33675426.00  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corp.                                                | PPL Corp.                                                                      | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |   1173857 | NS      | $43620526.12  | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo & Co.                                        | Wells Fargo & Co.                                                              | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |    435125 | NS      | $36472177.50  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Walter Energy, Inc.                                      | Walter Energy, Inc., Litigation Trust, Contingent Distribution                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |   6301000 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Cisco Systems, Inc.                                      | Cisco Systems, Inc.                                                            | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    477907 | NS      | $32698396.94  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR, Inc.                                                | KBR, Inc.                                                                      | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |    531562 | NS      | $25137566.98  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                                     | JPMorgan Chase & Co.                                                           | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    120592 | NS      | $38038334.56  | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Uniti Group, Inc.                                        | Uniti Group, Inc.                                                              | CUSIP: N/A<br>LEI: 549300V3NU625PJUVA84       | Long             | EC               | CORP              | US        |    643835 | NS      | $3592204.63   | 0.18%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Haleon plc                                               | Haleon plc                                                                     | CUSIP: N/A<br>LEI: 549300PSB3WWEODCUP19       | Long             | EC               | CORP              | GB        |   8741948 | NS      | $39340352.06  | 2.01%             |  |  |  | No            |                  2 | On Loan: No      |
| PPG Industries, Inc.                                     | PPG Industries, Inc.                                                           | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |    181989 | NS      | $19128863.79  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                                 | U.S. Treasury Bills                                                            | CUSIP: 912797MS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |   1000000 | PA      | $999888.44    | 0.05%             | 2025-10-02      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Apollo Global Management, Inc.                           | Apollo Global Management, Inc.                                                 | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |    216695 | NS      | $28878942.65  | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Schlumberger NV                                          | Schlumberger NV                                                                | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |    660686 | NS      | $22707777.82  | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| iHeartCommunications, Inc.                               | iHeartCommunications, Inc., First Lien, Refinanced CME Term Loan, B            | CUSIP: 45174UAJ7<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5756500 | PA      | $5044133.13   | 0.26%             | 2029-05-01      | Variable      | 10.05%                | No            |                  2 | On Loan: No      |
| Roche Holding AG                                         | Roche Holding AG                                                               | CUSIP: N/A<br>LEI: 549300U41AUUVOAAOB37       | Long             | EC               | CORP              | CH        |     95764 | NS      | $31887838.26  | 1.63%             |  |  |  | No            |                  2 | On Loan: No      |
| CoreLogic, Inc.                                          | CoreLogic, Inc., First Lien, Initial CME Term Loan                             | CUSIP: 21870FBA6<br>LEI: 54930086CD8K2UIL0516 | Long             | LON              | CORP              | US        |   8794046 | PA      | $8810535.13   | 0.45%             | 2028-06-02      | Variable      | 7.78%                 | No            |                  2 | On Loan: No      |
| Chevron Corp.                                            | Chevron Corp.                                                                  | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    278394 | NS      | $43231804.26  | 2.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings, Inc.                             | Zimmer Biomet Holdings, Inc.                                                   | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |    316883 | NS      | $31212975.50  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Flex Ltd.                                                | Flex Ltd.                                                                      | CUSIP: N/A<br>LEI: 549300EAQH74YHD07T53       | Long             | EC               | CORP              | SG        |    445606 | NS      | $25831779.82  | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance, Inc.                                           | Reliance, Inc.                                                                 | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |    139071 | NS      | $39055308.93  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings, Inc.                         | SS&C Technologies Holdings, Inc.                                               | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |    403099 | NS      | $35779067.24  | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments, Inc.                                    | Global Payments, Inc.                                                          | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |    183974 | NS      | $15284559.92  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Estee Lauder Cos., Inc. (The)                            | Estee Lauder Cos., Inc. (The), Class A                                         | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |    280737 | NS      | $24738544.44  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Kellanova                                                | Kellanova                                                                      | CUSIP: 487836108<br>LEI: LONOZNOJYIBXOHXWDB86 | Long             | EC               | CORP              | US        |    255519 | NS      | $20957668.38  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Walt Disney Co. (The)                                    | Walt Disney Co. (The)                                                          | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |    274233 | NS      | $31399678.50  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                                    | Bank of America Corp.                                                          | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |    767131 | NS      | $39576288.29  | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises, Inc.                               | Ferguson Enterprises, Inc.                                                     | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |    155431 | NS      | $34906693.98  | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Bosgen Liquidating Trust                                 | Bosgen Liquidating Trust c/o Verdolino and Lowey P.C., Contingent Distribution | CUSIP: N/A<br>LEI: 724500SEMY2K987RV910       | Long             | EC               | CORP              | NL        |    347093 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Uniti Group, Inc.                                        | Uniti Group, Inc.                                                              | CUSIP: N/A<br>LEI: 549300V3NU625PJUVA84       | Long             | EC               | CORP              | US        |      4107 | NS      | $3557264.63   | 0.18%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Elevance Health, Inc.                                    | Elevance Health, Inc.                                                          | CUSIP: 036752103<br>LEI: 8MYN82XMYQH89CTMTH67 | Long             | EC               | CORP              | US        |     68264 | NS      | $22057463.68  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp.                                      | Union Pacific Corp.                                                            | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     85841 | NS      | $20290237.17  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                                    | NXP Semiconductors NV                                                          | CUSIP: N/A<br>LEI: 724500M9BY5293JDF951       | Long             | EC               | CORP              | NL        |    130252 | NS      | $29662287.96  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Neptune Bidco US, Inc.                                   | Neptune Bidco US, Inc., First Lien, CME Term Loan, A                           | CUSIP: 64069JAF9<br>LEI: 549300VG15T3VCYZ4531 | Long             | LON              | CORP              | US        |  11039494 | PA      | $10528917.40  | 0.54%             | 2028-10-11      | Variable      | 9.18%                 | No            |                  2 | On Loan: No      |
| EOG Resources, Inc.                                      | EOG Resources, Inc.                                                            | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |    344612 | NS      | $38637897.44  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| General Motors Co.                                       | General Motors Co.                                                             | CUSIP: 37045V100<br>LEI: 54930070NSV60J38I987 | Long             | EC               | CORP              | US        |    521486 | NS      | $31795001.42  | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific, Inc.                           | Thermo Fisher Scientific, Inc.                                                 | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |     80791 | NS      | $39185250.82  | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Dover Corp.                                              | Dover Corp.                                                                    | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |    231439 | NS      | $38610968.37  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| AerCap Holdings NV                                       | AerCap Holdings NV                                                             | CUSIP: N/A<br>LEI: 549300SZYINBBLJQU475       | Long             | EC               | CORP              | NL        |    228528 | NS      | $27651888.00  | 1.41%             |  |  |  | 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        |  84938692 | NS      | $84938691.61  | 4.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications, Inc.                             | Charter Communications, Inc., Class A                                          | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |    111486 | NS      | $30670356.03  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS Health Corp.                                         | CVS Health Corp.                                                               | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |    505221 | NS      | $38088611.19  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp.                                            | Entergy Corp.                                                                  | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |    375881 | NS      | $35028350.39  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Novartis AG                                              | Novartis AG                                                                    | CUSIP: 66987V109<br>LEI: 5493007HIVTX6SY6XD66 | Long             | EC               | CORP              | CH        |    241733 | NS      | $30999839.92  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp.                                     | American Tower Corp.                                                           | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |    191694 | NS      | $36866590.08  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| United States of America                                 | U.S. Treasury Bills                                                            | CUSIP: 912797QF7<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        |    500000 | PA      | $499156.46    | 0.03%             | 2025-10-16      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Brixmor Property Group, Inc.                             | Brixmor Property Group, Inc.                                                   | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |   1418819 | NS      | $39272909.92  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| DR Horton, Inc.                                          | DR Horton, Inc.                                                                | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |    195816 | NS      | $33184937.52  | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-30

**Name of Applicant:** Franklin Templeton Variable Insurance Products Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer