# EDGAR Filing Document

**Accession Number:** 0000878087
**File Stem:** 0001752724-25-203524
**Filing Date:** 2025-8
**Character Count:** 37729
**Document Hash:** 7616c9212977370717d9cc79df935dc8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-203524.hdr.sgml**: 20250826

**ACCESSION NUMBER**: 0001752724-25-203524

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250826

**DATE AS OF CHANGE**: 20250826

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TEMPLETON DEVELOPING MARKETS TRUST
- **CENTRAL INDEX KEY:** 0000878087

**ORGANIZATION NAME:**
- **EIN:** 593078238
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06378
- **FILM NUMBER:** 251253219

**BUSINESS ADDRESS:**
- **STREET 1:** 300 S.E. 300 2ND STREET
- **CITY:** FORT LAUDERDALE
- **STATE:** FL
- **ZIP:** 33301-1923
- **BUSINESS PHONE:** 9545277500

**MAIL ADDRESS:**
- **STREET 1:** 300 S.E. 300 2ND STREET
- **CITY:** FORT LAUDERDALE
- **STATE:** FL
- **ZIP:** 33301-1923

## Series and Classes Contracts Data

### Templeton Developing Markets Trust (Series ID: S000008756)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000023832 | Class A       | TEDMX           |
| C000023834 | Class C       | TDMTX           |
| C000023835 | Advisor Class | TDADX           |
| C000023836 | Class R       | TDMRX           |
| C000128734 | Class R6      | FDEVX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Templeton Developing Markets Trust

- **b. Investment Company Act file number:** 811-06378

- **c. CIK number of Registrant:** 0000878087

- **d. LEI of Registrant:** 549300ZJC3KUG08IH343

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

  - **Street Address 1:** 300 S.E. 2nd Street

  - **City:** Fort Lauderdale

  - **State:** FL

  - **Foreign country:** US

  - **Zip / Postal Code:** 33301-1923

  - **Telephone number:** 954-527-7500

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

- **a. Name of Series:** Templeton Developing Markets Trust

- **b. EDGAR series identifier (if any):** S000008756

- **c. LEI of Series:** 549300ZJC3KUG08IH343

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

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

- **b. Date as of which information is reported:** 2025-06-30

**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:** $1505217706.87

**Total Liabilities:** $21811940.92

**Net Assets:** $1483405765.95

**Delayed Delivery Securities:** $372114.25

**Cash Not Reported:** $10343442.63

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000128734 | 0.36%                | 5.11%                | 8.22%                |
| Class ID C000023835 | 0.30%                | 5.10%                | 8.22%                |
| Class ID C000023832 | 0.30%                | 5.06%                | 8.20%                |
| Class ID C000023834 | 0.26%                | 4.97%                | 8.16%                |
| Class ID C000023836 | 0.31%                | 5.03%                | 8.16%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6501082.25              | $-4530481.52                               |
| Month 2  | $-2278084.65             | $63362674.33                               |
| Month 3  | $4346694.84              | $103516287.36                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Intercorp Financial Services, Inc.                     | Intercorp Financial Services, Inc.                              | CUSIP: N/A<br>LEI: 5299004181WFTEWB1398       | Long             | EC               | CORP              | PA        |    154816 | NS      | $5903134.08   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Hemisphere Properties India Ltd.                       | Hemisphere Properties India Ltd.                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IN        |    395958 | NS      | $320723.21    | 0.02%             |  |  |  | No            |                  3 | On Loan: No      |
| TOTVS SA                                               | TOTVS SA                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |   1105354 | NS      | $8587545.29   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Astra International Tbk. PT                            | Astra International Tbk. PT                                     | CUSIP: N/A<br>LEI: 529900L49TRJOMG4DK47       | Long             | EC               | CORP              | ID        |  24831799 | NS      | $6886222.81   | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Bradesco SA                                      | Banco Bradesco SA                                               | CUSIP: 059460303<br>LEI: 549300CTUU1RFXHQJE44 | Long             | EP               | CORP              | BR        |   8075367 | NS      | $24952884.03  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Vale SA                                                | Vale SA                                                         | CUSIP: N/A<br>LEI: 254900SMTWBX7RU2SR20       | Long             | EC               | CORP              | BR        |   1203004 | NS      | $11657830.81  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Weichai Power Co. Ltd.                                 | Weichai Power Co. Ltd., Class H                                 | CUSIP: N/A<br>LEI: 529900OKTPKBG85F9502       | Long             | EC               | CORP              | CN        |   4877141 | NS      | $9929948.84   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Kasikornbank PCL                                       | Kasikornbank PCL                                                | CUSIP: N/A<br>LEI: 5493004COSQ54937AW41       | Long             | EC               | CORP              | TH        |   4309736 | NS      | $20357470.81  | 1.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Discovery Ltd.                                         | Discovery Ltd.                                                  | CUSIP: N/A<br>LEI: 378900245A26169C8132       | Long             | EC               | CORP              | ZA        |   1780682 | NS      | $21646752.82  | 1.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Hankook Tire & Technology Co. Ltd.                     | Hankook Tire & Technology Co. Ltd.                              | CUSIP: N/A<br>LEI: 9884001BIEVM09M7AH02       | Long             | EC               | CORP              | KR        |      5473 | NS      | $160791.86    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Alibaba Group Holding Ltd.                             | Alibaba Group Holding Ltd.                                      | CUSIP: N/A<br>LEI: 5493001NTNQJDH60PM02       | Long             | EC               | CORP              | KY        |   3487246 | NS      | $49365278.48  | 3.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Uni-President China Holdings Ltd.                      | Uni-President China Holdings Ltd.                               | CUSIP: N/A<br>LEI: 529900JUA05094TOKA73       | Long             | EC               | CORP              | KY        |   8165960 | NS      | $9893513.13   | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Santander Chile                                  | Banco Santander Chile                                           | CUSIP: 05965X109<br>LEI: 3YJP8HORPAEXJ80D6368 | Long             | EC               | CORP              | CL        |    466531 | NS      | $11765911.82  | 0.79%             |  |  |  | No            |                  1 | On Loan: —       |
| Hon Hai Precision Industry Co. Ltd.                    | Hon Hai Precision Industry Co. Ltd.                             | CUSIP: N/A<br>LEI: 30030004CM3GSZXX7O56       | Long             | EC               | CORP              | TW        |   5759279 | NS      | $31775879.68  | 2.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Thai Beverage PCL                                      | Thai Beverage PCL                                               | CUSIP: N/A<br>LEI: 529900VZFHQZ684D8L07       | Long             | EC               | CORP              | TH        |  10287676 | NS      | $3723613.12   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Kuaishou Technology                                    | Kuaishou Technology                                             | CUSIP: N/A<br>LEI: 300300FCDZBE6UP9ED24       | Long             | EC               | CORP              | KY        |   1763258 | NS      | $14313404.94  | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Budweiser Brewing Co. APAC Ltd.                        | Budweiser Brewing Co. APAC Ltd.                                 | CUSIP: N/A<br>LEI: 549300YF1MR4GTF18132       | Long             | EC               | CORP              | KY        |  16554922 | NS      | $16437111.36  | 1.11%             |  |  |  | No            |                  2 | On Loan: —       |
| Brigade Enterprises Ltd.                               | Brigade Enterprises Ltd.                                        | CUSIP: N/A<br>LEI: 335800QDUUQVHS6II245       | Long             | EC               | CORP              | IN        |    394190 | NS      | $5103571.72   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| JD.com, Inc.                                           | JD.com, Inc., Class A                                           | CUSIP: N/A<br>LEI: 549300HVTWB0GJZ16V92       | Long             | EC               | CORP              | KY        |    257764 | NS      | $4209882.40   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Minor International PCL                                | Minor International PCL                                         | CUSIP: N/A<br>LEI: 254900T4WB2UF9XPX041       | Long             | EC               | CORP              | TH        |  11876486 | NS      | $8495580.84   | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |
| NAVER Corp.                                            | NAVER Corp.                                                     | CUSIP: N/A<br>LEI: 988400ULUQYDB2HQYJ61       | Long             | EC               | CORP              | KR        |    144654 | NS      | $28089636.61  | 1.89%             |  |  |  | No            |                  2 | On Loan: No      |
| Oncoclinicas do Brasil Servicos Medicos SA             | Oncoclinicas do Brasil Servicos Medicos SA                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |   3914846 | NS      | $3696445.86   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Daqo New Energy Corp.                                  | Daqo New Energy Corp.                                           | CUSIP: 23703Q203<br>LEI: 529900711JBZ5O7VA827 | Long             | EC               | CORP              | KY        |    263259 | NS      | $3993639.03   | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| Kiatnakin Phatra Bank PCL                              | Kiatnakin Phatra Bank PCL                                       | CUSIP: N/A<br>LEI: 254900UPQE3MNOEDXK30       | Long             | EC               | CORP              | TH        |   2196220 | NS      | $3057259.06   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| XP, Inc.                                               | XP, Inc., Class A                                               | CUSIP: N/A<br>LEI: 5493008KDA8NBZRJST80       | Long             | EC               | CORP              | KY        |    331578 | NS      | $6697875.60   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Delivery Hero SE                                       | Delivery Hero SE                                                | CUSIP: N/A<br>LEI: 529900C3EX1FZGE48X78       | Long             | EC               | CORP              | DE        |    663256 | NS      | $18002244.16  | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co. Ltd.            | Taiwan Semiconductor Manufacturing Co. Ltd.                     | CUSIP: N/A<br>LEI: 549300KB6NK5SBD14S87       | Long             | EC               | CORP              | TW        |   5036532 | NS      | $184182722.15 | 12.42%            |  |  |  | No            |                  2 | On Loan: No      |
| LigaChem Biosciences, Inc.                             | LigaChem Biosciences, Inc.                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     31678 | NS      | $2692990.83   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Bajaj Holdings & Investment Ltd.                       | Bajaj Holdings & Investment Ltd.                                | CUSIP: N/A<br>LEI: 335800NL7NWD9IPOHL48       | Long             | EC               | CORP              | IN        |     46505 | NS      | $7803303.33   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Federal Bank Ltd.                                      | Federal Bank Ltd.                                               | CUSIP: N/A<br>LEI: 335800J8VWGE2HGWF417       | Long             | EC               | CORP              | IN        |   4113175 | NS      | $10224447.70  | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Yageo Corp.                                            | Yageo Corp.                                                     | CUSIP: N/A<br>LEI: 5493001P0TOZH7GGNQ21       | Long             | EC               | CORP              | TW        |    448256 | NS      | $7438314.54   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Baidu, Inc.                                            | Baidu, Inc., Class A                                            | CUSIP: N/A<br>LEI: 254900AL64IANZYI1E02       | Long             | EC               | CORP              | KY        |   1335332 | NS      | $14310663.66  | 0.96%             |  |  |  | No            |                  2 | On Loan: No      |
| Niva Bupa Health Insurance Co. Ltd.                    | Niva Bupa Health Insurance Co. Ltd.                             | CUSIP: N/A<br>LEI: 335800YR5ALVTOUNCU55       | Long             | EC               | CORP              | IN        |   5748040 | NS      | $5478963.35   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| LG Corp.                                               | LG Corp.                                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    369067 | NS      | $21714609.40  | 1.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Ather Energy Ltd.                                      | Ather Energy Ltd.                                               | CUSIP: N/A<br>LEI: 335800SZ7EUDQVUICH52       | Long             | EC               | CORP              | IN        |    749075 | NS      | $2902490.93   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| HDFC Bank Ltd.                                         | HDFC Bank Ltd.                                                  | CUSIP: N/A<br>LEI: 335800ZQ6I4E2JXENC50       | Long             | EC               | CORP              | IN        |   1546149 | NS      | $36095563.33  | 2.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Genpact Ltd.                                           | Genpact Ltd.                                                    | CUSIP: N/A<br>LEI: 529900OSEC6Q0L4L5B35       | Long             | EC               | CORP              | BM        |    477795 | NS      | $21027757.95  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| China Merchants Bank Co. Ltd.                          | China Merchants Bank Co. Ltd., Class A                          | CUSIP: N/A<br>LEI: 549300MKO5B60FFIHF58       | Long             | EC               | CORP              | CN        |   4144001 | NS      | $26587594.21  | 1.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Wuxi Biologics Cayman, Inc.                            | Wuxi Biologics Cayman, Inc.                                     | CUSIP: N/A<br>LEI: 5493001TD2TH6VDTJU11       | Long             | EC               | CORP              | KY        |   3272077 | NS      | $10751732.67  | 0.72%             |  |  |  | No            |                  2 | On Loan: —       |
| Wizz Air Holdings plc                                  | Wizz Air Holdings plc                                           | CUSIP: N/A<br>LEI: 213800COXGZCORLJZA85       | Long             | EC               | CORP              | JE        |     69426 | NS      | $1042416.00   | 0.07%             |  |  |  | No            |                  2 | On Loan: —       |
| Tencent Holdings Ltd.                                  | Tencent Holdings Ltd.                                           | CUSIP: N/A<br>LEI: 254900N4SLUMW4XUYY11       | Long             | EC               | CORP              | KY        |    625001 | NS      | $40272323.12  | 2.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Star Petroleum Refining PCL                            | Star Petroleum Refining PCL                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TH        |  14348828 | NS      | $2229588.61   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung SDI Co. Ltd.                                   | Samsung SDI Co. Ltd.                                            | CUSIP: N/A<br>LEI: 9884002AESDO4YW87G32       | Long             | EC               | CORP              | KR        |     62681 | NS      | $8003164.30   | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| Lite-On Technology Corp.                               | Lite-On Technology Corp.                                        | CUSIP: N/A<br>LEI: 2549005GU1PQ73SZBT32       | Long             | EC               | CORP              | TW        |   1089413 | NS      | $4129780.45   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| NetEase, Inc.                                          | NetEase, Inc.                                                   | CUSIP: N/A<br>LEI: 5299004AF4DSJDB0PA32       | Long             | EC               | CORP              | KY        |    624638 | NS      | $16833599.64  | 1.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Natco Pharma Ltd.                                      | Natco Pharma Ltd.                                               | CUSIP: N/A<br>LEI: 33580086GIBRWXSNGG39       | Long             | EC               | CORP              | IN        |     66352 | NS      | $716816.03    | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| ACC Ltd.                                               | ACC Ltd.                                                        | CUSIP: N/A<br>LEI: 335800569A6H12LH4677       | Long             | EC               | CORP              | IN        |    211099 | NS      | $4720326.07   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| MediaTek, Inc.                                         | MediaTek, Inc.                                                  | CUSIP: N/A<br>LEI: 254900UEGBK1I4DM4E14       | Long             | EC               | CORP              | TW        |    810843 | NS      | $34743537.94  | 2.34%             |  |  |  | No            |                  2 | On Loan: No      |
| KT Skylife Co. Ltd.                                    | KT Skylife Co. Ltd.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    452147 | NS      | $1684453.72   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Greentown Service Group Co. Ltd.                       | Greentown Service Group Co. Ltd.                                | CUSIP: N/A<br>LEI: 254900V8OFDBOODYW979       | Long             | EC               | CORP              | KY        |   3749927 | NS      | $2100699.23   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| PICC Property & Casualty Co. Ltd.                      | PICC Property & Casualty Co. Ltd., Class H                      | CUSIP: N/A<br>LEI: 300300F1000311000017       | Long             | EC               | CORP              | CN        |    428578 | NS      | $832802.04    | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| HDB Financial Services Ltd.                            | HDB Financial Services Ltd.                                     | CUSIP: N/A<br>LEI: 335800WLGF5TDN2DEO63       | Long             | EC               | CORP              | IN        |     33790 | NS      | $291564.83    | 0.02%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Ping An Insurance Group Co. of China Ltd.              | Ping An Insurance Group Co. of China Ltd., Class H              | CUSIP: N/A<br>LEI: 529900M9MC28JLN35U89       | Long             | EC               | CORP              | CN        |   2471490 | NS      | $15776309.54  | 1.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Cognizant Technology Solutions Corp.                   | Cognizant Technology Solutions Corp., Class A                   | CUSIP: 192446102<br>LEI: 5493006IEVQEFQO40L83 | Long             | EC               | CORP              | US        |    240807 | NS      | $18790170.21  | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| NagaCorp Ltd.                                          | NagaCorp Ltd.                                                   | CUSIP: N/A<br>LEI: 549300MMNKN0RBJELS20       | Long             | EC               | CORP              | KY        |   4867563 | NS      | $2210376.62   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| Haier Smart Home Co. Ltd.                              | Haier Smart Home Co. Ltd., Class D                              | CUSIP: N/A<br>LEI: 3003002BYTNGNJTWSH07       | Long             | EC               | CORP              | CN        |   4061327 | NS      | $8734394.79   | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Sberbank of Russia PJSC                                | Sberbank of Russia PJSC                                         | CUSIP: N/A<br>LEI: 549300WE6TAF5EEWQS81       | Long             | EC               | CORP              | RU        |   5058740 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Petroleo Brasileiro SA                                 | Petroleo Brasileiro SA - Petrobras                              | CUSIP: N/A<br>LEI: 5493000J801JZRCMFE49       | Long             | EP               | CORP              | BR        |   4591932 | NS      | $26521659.12  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| COSCO SHIPPING Ports Ltd.                              | COSCO SHIPPING Ports Ltd.                                       | CUSIP: N/A<br>LEI: 5299008QX6KA3JHWK507       | Long             | EC               | CORP              | BM        |   6180515 | NS      | $4101061.45   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Eternal Ltd.                                           | Eternal Ltd.                                                    | CUSIP: N/A<br>LEI: 335800T4VOF9ETHF8W59       | Long             | EC               | CORP              | IN        |   4662573 | NS      | $14359787.46  | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Itau Unibanco Holding SA                               | Itau Unibanco Holding SA                                        | CUSIP: 465562106<br>LEI: 5493002W2IVG62O3ZJ94 | Long             | EP               | CORP              | BR        |   4071802 | NS      | $27647535.58  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Ather Energy Ltd.                                      | Ather Energy Ltd.                                               | CUSIP: N/A<br>LEI: 335800SZ7EUDQVUICH52       | Long             | EC               | CORP              | IN        |    511681 | NS      | $1982644.55   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Soulbrain Co. Ltd.                                     | Soulbrain Co. Ltd.                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     27813 | NS      | $3692932.12   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Weifu High-Technology Group Co. Ltd.                   | Weifu High-Technology Group Co. Ltd., Class B                   | CUSIP: N/A<br>LEI: 836800MCS4V36YPBDO22       | Long             | EC               | CORP              | CN        |   1230263 | NS      | $1879302.63   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Spinneys 1961 Holding plc                              | Spinneys 1961 Holding plc                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AE        |   7136543 | NS      | $2895346.37   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Hypera SA                                              | Hypera SA                                                       | CUSIP: N/A<br>LEI: 25490092WKPBKTIZX403       | Long             | EC               | CORP              | BR        |   1819933 | NS      | $9107871.80   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyundai Motor Co.                                      | Hyundai Motor Co.                                               | CUSIP: N/A<br>LEI: 9884004RQX8PRBXQ8S60       | Long             | EC               | CORP              | KR        |     99930 | NS      | $15005233.17  | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| SK Hynix, Inc.                                         | SK Hynix, Inc.                                                  | CUSIP: N/A<br>LEI: 988400XAIK6XISWQV045       | Long             | EC               | CORP              | KR        |    353375 | NS      | $76145814.65  | 5.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Beijing Oriental Yuhong Waterproof Technology Co. Ltd. | Beijing Oriental Yuhong Waterproof Technology Co. Ltd., Class A | CUSIP: N/A<br>LEI: 300300XMIXB7STDZWT60       | Long             | EC               | CORP              | CN        |   1116431 | NS      | $1672707.14   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Nemak SAB de CV                                        | Nemak SAB de CV                                                 | CUSIP: N/A<br>LEI: 5493000MY3DAIB0BP706       | Long             | EC               | CORP              | MX        |   5733078 | NS      | $983799.79    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Techtronic Industries Co. Ltd.                         | Techtronic Industries Co. Ltd.                                  | CUSIP: N/A<br>LEI: 549300HZW2SBE758OK89       | Long             | EC               | CORP              | HK        |   2219479 | NS      | $24489682.94  | 1.65%             |  |  |  | No            |                  2 | On Loan: No      |
| Samsung Life Insurance Co. Ltd.                        | Samsung Life Insurance Co. Ltd.                                 | CUSIP: N/A<br>LEI: 988400VYE6E0WYSM4S92       | Long             | EC               | CORP              | KR        |    292025 | NS      | $27498715.19  | 1.85%             |  |  |  | No            |                  2 | On Loan: No      |
| Institutional Fiduciary Trust Money Market Portfolio   | Institutional Fiduciary Trust Money Market Portfolio            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |   7211698 | NS      | $7211698.05   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ReNew Energy Global plc                                | ReNew Energy Global plc, Class A                                | CUSIP: N/A<br>LEI: 254900SL77LA2KAG7R65       | Long             | EC               | CORP              | GB        |   1750903 | NS      | $12098739.73  | 0.82%             |  |  |  | No            |                  1 | On Loan: —       |
| Zhen Ding Technology Holding Ltd.                      | Zhen Ding Technology Holding Ltd.                               | CUSIP: N/A<br>LEI: 549300H7R4K33675UP38       | Long             | EC               | CORP              | KY        |   2161805 | NS      | $7439595.07   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| ICICI Bank Ltd.                                        | ICICI Bank Ltd.                                                 | CUSIP: N/A<br>LEI: R7RX8ER1V4666J8D1I38       | Long             | EC               | CORP              | IN        |   3718025 | NS      | $62833667.36  | 4.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Doosan Bobcat, Inc.                                    | Doosan Bobcat, Inc.                                             | CUSIP: N/A<br>LEI: 9884007K6X0Q0112FX44       | Long             | EC               | CORP              | KR        |    360132 | NS      | $15479711.63  | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Prosus NV                                              | Prosus NV                                                       | CUSIP: N/A<br>LEI: 635400Z5LQ5F9OLVT688       | Long             | EC               | CORP              | NL        |   1326443 | NS      | $74422080.86  | 5.02%             |  |  |  | No            |                  2 | On Loan: No      |
| BDO Unibank, Inc.                                      | BDO Unibank, Inc.                                               | CUSIP: N/A<br>LEI: 3FGIIBS1PEI1FYQBGN97       | Long             | EC               | CORP              | PH        |   2173193 | NS      | $5894935.18   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Emirates Central Cooling Systems Corp.                 | Emirates Central Cooling Systems Corp.                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AE        |  13287281 | NS      | $6005796.02   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Institutional Fiduciary Trust - Money Market Portfolio | Institutional Fiduciary Trust - Money Market Portfolio          | CUSIP: 457756500<br>LEI: 549300M4TP89K77LG374 | Long             | STIV             | RF                | US        |  80163099 | NS      | $80163098.66  | 5.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Richter Gedeon Nyrt.                                   | Richter Gedeon Nyrt.                                            | CUSIP: N/A<br>LEI: 549300J6ZJW5IH4WEE46       | Long             | EC               | CORP              | HU        |    506736 | NS      | $14936742.22  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Financiero Banorte SAB de CV                     | Grupo Financiero Banorte SAB de CV, Class O                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |   4482972 | NS      | $40977343.25  | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| LUKOIL PJSC                                            | LUKOIL PJSC                                                     | CUSIP: N/A<br>LEI: 549300LCJ1UJXHYBWI24       | Long             | EC               | CORP              | RU        |    414906 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Misto Holdings Corp.                                   | Misto Holdings Corp.                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    213796 | NS      | $5649174.37   | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Infosys Ltd.                                           | Infosys Ltd.                                                    | CUSIP: N/A<br>LEI: 335800TYLGG93MM7PR89       | Long             | EC               | CORP              | IN        |    592158 | NS      | $11063096.78  | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| Health & Happiness H&H International Holdings Ltd.     | Health & Happiness H&H International Holdings Ltd.              | CUSIP: N/A<br>LEI: 2138007WU5DJFZFDDV59       | Long             | EC               | CORP              | KY        |   1026124 | NS      | $1494724.19   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Netcare Ltd.                                           | Netcare Ltd.                                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | ZA        |  13152205 | NS      | $10360581.99  | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| BIM Birlesik Magazalar A/S                             | BIM Birlesik Magazalar A/S                                      | CUSIP: N/A<br>LEI: 7890001GCDJQD8DJKE29       | Long             | EC               | CORP              | TR        |    337997 | NS      | $4199735.44   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| HDB Financial Services Ltd.                            | HDB Financial Services Ltd.                                     | CUSIP: N/A<br>LEI: 335800WLGF5TDN2DEO63       | Long             | EC               | CORP              | IN        |     33790 | NS      | $291564.83    | 0.02%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Samsung Electronics Co. Ltd.                           | Samsung Electronics Co. Ltd.                                    | CUSIP: N/A<br>LEI: 9884007ER46L6N7EI764       | Long             | EC               | CORP              | KR        |   1087053 | NS      | $48071246.27  | 3.24%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** Templeton Developing Markets Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer