# EDGAR Filing Document

**Accession Number:** 0000872625
**File Stem:** 0001752724-25-178315
**Filing Date:** 2025-7
**Character Count:** 54352
**Document Hash:** f6702d20328699e66f799c7b80951508
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-178315.hdr.sgml**: 20250725

**ACCESSION NUMBER**: 0001752724-25-178315

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250725

**DATE AS OF CHANGE**: 20250725

**PERIOD START**: 20250831

**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:** 251150141

**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 Templeton SMACS: Series E (Series ID: S000065649)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000212374 | Advisor Class | FQTEX           |

## 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 Templeton SMACS Series E

- **b. EDGAR series identifier (if any):** S000065649

- **c. LEI of Series:** 5493002LDOGYQ9HN4Y13

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-31

**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:** $348434626.17

**Total Liabilities:** $648466.35

**Net Assets:** $347786159.82

**Cash Not Reported:** $114.07

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** -154.48000000 | **5-Year:** -51.40000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.00000000 | **1-Year:** -437.99000000 | **5-Year:** -192.84000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000212374 | -2.39%               | -2.39%               | 4.14%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1208131.10              | $-9625464.05                               |
| Month 2  | $2155217.17              | $-10489076.69                              |
| Month 3  | $-3621982.31             | $16052337.67                               |

**Designated Index Information**

- **Index Name:** MSUSIMIHDYD - MSCI USA IMI High Dividend Yield Index

- **Index Identifier:** MSUSIMIHDYD

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| UBS AG into Bank of America Corp.                                                   | UBS AG into Bank of America Corp.                                                   | CUSIP: 90301T830<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | SN               | CORP              | CH        |     78000 | NS      | $3478168.60   | 1.00%             | 2026-01-28      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Bank NA into Alphabet, Inc.                                             | Wells Fargo Bank NA into Alphabet, Inc.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |     36000 | NS      | $6109447.22   | 1.76%             | 2026-03-31      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada into NIKE, Inc.                                                | Royal Bank of Canada into NIKE, Inc.                                                | CUSIP: 779942606<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | SN               | CORP              | CA        |     43000 | NS      | $2719513.77   | 0.78%             | 2025-12-24      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| NextEra Energy, Inc.                                                                | NextEra Energy, Inc.                                                                | CUSIP: 65339F663<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EP               | CORP              | US        |    160000 | NS      | $7611200.00   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock, Inc.                                                                     | BlackRock, Inc.                                                                     | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |      2500 | NS      | $2449725.00   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                                                                   | Exxon Mobil Corp.                                                                   | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |     29003 | NS      | $2967006.90   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                                                                      | Alphabet, Inc., Class A                                                             | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |     20000 | NS      | $3434800.00   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Mizuho Markets Cayman LP into Exxon Mobil Corp.                                     | Mizuho Markets Cayman LP into Exxon Mobil Corp.                                     | CUSIP: 60701E246<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | KY        |     20000 | NS      | $2108576.41   | 0.61%             | 2026-04-07      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Citigroup Global Markets Holdings, Inc. into Boeing Co. (The)                       | Citigroup Global Markets Holdings, Inc. into Boeing Co. (The)                       | CUSIP: 17331V485<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | SN               | CORP              | US        |     24452 | NS      | $4215424.80   | 1.21%             | 2025-12-08      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Northrop Grumman Corp.                                                              | Northrop Grumman Corp.                                                              | CUSIP: 666807102<br>LEI: RIMU48P07456QXSO0R61 | Long             | EC               | CORP              | US        |     10000 | NS      | $4847700.00   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristol-Myers Squibb Co.                                                            | Bristol-Myers Squibb Co.                                                            | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     36987 | NS      | $1785732.36   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Global Markets Holdings, Inc. into Intel Corp.                            | Citigroup Global Markets Holdings, Inc. into Intel Corp.                            | CUSIP: 17332B207<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | SN               | CORP              | US        |     19000 | NS      | $401272.89    | 0.12%             | 2026-03-03      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| UBS AG into Marvell Technology, Inc.                                                | UBS AG into Marvell Technology, Inc.                                                | CUSIP: N/A<br>LEI: BFM8T61CT2L1QCEMIK50       | Long             | SN               | CORP              | CH        |     67000 | NS      | $3997810.49   | 1.15%             | 2026-05-14      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| Citigroup Global Markets Holdings, Inc. into Alphabet, Inc.                         | Citigroup Global Markets Holdings, Inc. into Alphabet, Inc.                         | CUSIP: 17331V600<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | SN               | CORP              | US        |     14000 | NS      | $2394965.25   | 0.69%             | 2025-08-20      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Barclays Bank plc into Home Depot, Inc. (The)                                       | Barclays Bank plc into Home Depot, Inc. (The)                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |      7000 | NS      | $2644727.23   | 0.76%             | 2026-02-25      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch BV into Microsoft Corp                                                | Merrill Lynch BV into Microsoft Corp                                                | CUSIP: 59027W237<br>LEI: 549300RQ1D1WIE085245 | Long             | SN               | CORP              | NL        |      5000 | NS      | $2234479.55   | 0.64%             | 2025-10-06      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| NextEra Energy, Inc.                                                                | NextEra Energy, Inc.                                                                | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |     25002 | NS      | $1766141.28   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Bank of Canada into Freeport-McMoRan, Inc.                                    | Royal Bank of Canada into Freeport-McMoRan, Inc.                                    | CUSIP: 779942242<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | SN               | CORP              | CA        |     13700 | NS      | $529557.62    | 0.15%             | 2025-07-08      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                                                    | Boeing Co. (The)                                                                    | CUSIP: 097023105<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EC               | CORP              | US        |     15000 | NS      | $3109800.00   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS AG into Target Corp.                                                            | UBS AG into Target Corp.                                                            | CUSIP: 90301T681<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | SN               | CORP              | CH        |      7300 | NS      | $698925.59    | 0.20%             | 2025-09-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The) into Caterpillar, Inc.                                  | Toronto-Dominion Bank (The) into Caterpillar, Inc.                                  | CUSIP: 89116B646<br>LEI: PT3QB789TSUIDF371261 | Long             | SN               | CORP              | CA        |     15000 | NS      | $5237900.41   | 1.51%             | 2026-02-25      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP into Intel Corp.                                           | Mizuho Markets Cayman LP into Intel Corp.                                           | CUSIP: 6068FR816<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | KY        |    125200 | NS      | $2550610.85   | 0.73%             | 2025-12-08      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Merck & Co., Inc.                                                                   | Merck & Co., Inc.                                                                   | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     80000 | NS      | $6147200.00   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Pfizer, Inc.                                                                        | Pfizer, Inc.                                                                        | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    100000 | NS      | $2349000.00   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Global Markets Holdings, Inc. into Newmont Corp.                          | Citigroup Global Markets Holdings, Inc. into Newmont Corp.                          | CUSIP: 17332B173<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | SN               | CORP              | US        |     19000 | NS      | $884904.10    | 0.25%             | 2026-02-18      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Bank NA into Broadcom, Inc.                                             | Wells Fargo Bank NA into Broadcom, Inc.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |     10000 | NS      | $1932332.38   | 0.56%             | 2025-08-20      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP into US Bancorp                                            | Mizuho Markets Cayman LP into US Bancorp                                            | CUSIP: 60701E212<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | KY        |     65000 | NS      | $2880460.77   | 0.83%             | 2026-02-25      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| BNP Paribas SA into International Paper Co.                                         | BNP Paribas SA into International Paper Co.                                         | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | SN               | CORP              | FR        |     26000 | NS      | $1232172.32   | 0.35%             | 2025-10-20      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada into Cisco Systems, Inc.                                       | Royal Bank of Canada into Cisco Systems, Inc.                                       | CUSIP: 779942879<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | SN               | CORP              | CA        |     30000 | NS      | $1903669.14   | 0.55%             | 2026-03-18      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Wells Fargo Bank NA into Schlumberger NV                                            | Wells Fargo Bank NA into Schlumberger NV                                            | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |     25000 | NS      | $857559.24    | 0.25%             | 2025-11-26      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| UBS AG into Alphabet, Inc.                                                          | UBS AG into Alphabet, Inc.                                                          | CUSIP: N/A<br>LEI: BFM8T61CT2L1QCEMIK50       | Long             | SN               | CORP              | CH        |     20000 | NS      | $3246210.61   | 0.93%             | 2026-04-16      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Barclays Bank plc into International Business Machines Corp.                        | Barclays Bank plc into International Business Machines Corp.                        | CUSIP: 06748N145<br>LEI: G5GSEF7VJP5I7OUK5573 | Long             | SN               | CORP              | GB        |      9500 | NS      | $1838701.64   | 0.53%             | 2025-06-09      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Newmont Corp.                                                                       | Newmont Corp.                                                                       | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |     35000 | NS      | $1845200.00   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo Bank NA into QUALCOMM, Inc.                                             | Wells Fargo Bank NA into QUALCOMM, Inc.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |      7500 | NS      | $1115097.08   | 0.32%             | 2025-10-22      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA into RTX Corp.                                               | Goldman Sachs Bank USA into RTX Corp.                                               | CUSIP: 38151L308<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | SN               | CORP              | US        |     25000 | NS      | $3311927.18   | 0.95%             | 2026-03-31      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| BNP Paribas Issuance BV into Applied Materials, Inc.                                | BNP Paribas Issuance BV into Applied Materials, Inc.                                | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | SN               | CORP              | FR        |     26000 | NS      | $4187845.96   | 1.20%             | 2025-12-10      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The) into Starbucks Corp.                                    | Toronto-Dominion Bank (The) into Starbucks Corp.                                    | CUSIP: 891160A52<br>LEI: PT3QB789TSUIDF371261 | Long             | SN               | CORP              | CA        |     50000 | NS      | $4329919.34   | 1.24%             | 2026-01-12      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Albemarle Corp.                                                                     | Albemarle Corp.                                                                     | CUSIP: 012653200<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EP               | CORP              | US        |    225000 | NS      | $6527250.00   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA into CVS Health Corp.                                        | JPMorgan Chase Bank NA into CVS Health Corp.                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |     30000 | NS      | $1867622.12   | 0.54%             | 2025-11-25      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Global Markets Holdings, Inc. into Freeport-McMoRan, Inc.                 | Citigroup Global Markets Holdings, Inc. into Freeport-McMoRan, Inc.                 | CUSIP: N/A<br>LEI: 82VOJDD5PTRDMVVMGV31       | Long             | SN               | CORP              | US        |    149300 | NS      | $5788117.73   | 1.66%             | 2026-06-09      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| Wells Fargo Bank NA into UnitedHealth Group, Inc.                                   | Wells Fargo Bank NA into UnitedHealth Group, Inc.                                   | CUSIP: 95003R867<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | SN               | CORP              | US        |      1300 | NS      | $395103.28    | 0.11%             | 2025-07-14      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA into Comcast Corp.                                           | JPMorgan Chase Bank NA into Comcast Corp.                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |     70000 | NS      | $2447997.33   | 0.70%             | 2025-09-02      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| AstraZeneca plc                                                                     | AstraZeneca plc                                                                     | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |     45000 | NS      | $3277350.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays Bank plc into Halliburton Co.                                              | Barclays Bank plc into Halliburton Co.                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |    186567 | NS      | $3659053.99   | 1.05%             | 2026-05-21      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Barclays Bank plc into Salesforce, Inc.                                             | Barclays Bank plc into Salesforce, Inc.                                             | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | SN               | CORP              | US        |     10000 | NS      | $2718605.15   | 0.78%             | 2026-04-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Broadcom, Inc.                                                                      | Broadcom, Inc.                                                                      | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |     20000 | NS      | $4841400.00   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Abbott Laboratories                                                                 | Abbott Laboratories                                                                 | CUSIP: 002824100<br>LEI: HQD377W2YR662HK5JX27 | Long             | EC               | CORP              | US        |     20000 | NS      | $2671600.00   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Medtronic plc                                                                       | Medtronic plc                                                                       | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |     65000 | NS      | $5393700.00   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS AG into Oracle Corp.                                                            | UBS AG into Oracle Corp.                                                            | CUSIP: 90301T616<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | SN               | CORP              | CH        |      5800 | NS      | $807083.08    | 0.23%             | 2025-06-10      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada into Microchip Technology, Inc.                                | Royal Bank of Canada into Microchip Technology, Inc.                                | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |     62000 | NS      | $3152358.62   | 0.91%             | 2026-05-05      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Philip Morris International, Inc.                                                   | Philip Morris International, Inc.                                                   | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     80000 | NS      | $14447200.00  | 4.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Merrill Lynch BV into Morgan Stanley                                                | Merrill Lynch BV into Morgan Stanley                                                | CUSIP: 59027W211<br>LEI: 549300RQ1D1WIE085245 | Long             | SN               | CORP              | NL        |     10000 | NS      | $1076233.65   | 0.31%             | 2025-07-14      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs International Bank into Texas Instruments, Inc.                       | Goldman Sachs International Bank into Texas Instruments, Inc.                       | CUSIP: 38149C675<br>LEI: W22LROWP2IHZNBB6K528 | Long             | SN               | CORP              | GB        |      8000 | NS      | $1351437.91   | 0.39%             | 2025-11-10      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Xcel Energy, Inc.                                                                   | Xcel Energy, Inc.                                                                   | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     40000 | NS      | $2804000.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS AG into International Business Machines Corp.                                   | UBS AG into International Business Machines Corp.                                   | CUSIP: 90301T657<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | SN               | CORP              | CH        |      8000 | NS      | $1712238.03   | 0.49%             | 2025-08-27      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada into Texas Instruments, Inc.                                   | Royal Bank of Canada into Texas Instruments, Inc.                                   | CUSIP: 779942184<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | SN               | CORP              | CA        |      8000 | NS      | $1466302.83   | 0.42%             | 2025-06-11      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch BV into Freeport-McMoRan, Inc.                                        | Merrill Lynch BV into Freeport-McMoRan, Inc.                                        | CUSIP: 59027W351<br>LEI: 549300RQ1D1WIE085245 | Long             | SN               | CORP              | NL        |     22869 | NS      | $866237.85    | 0.25%             | 2026-05-12      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| UBS AG into Intel Corp.                                                             | UBS AG into Intel Corp.                                                             | CUSIP: 90301T640<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | SN               | CORP              | CH        |     32000 | NS      | $632066.81    | 0.18%             | 2025-07-29      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| US Bancorp                                                                          | US Bancorp                                                                          | CUSIP: 902973304<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | EC               | CORP              | US        |     50000 | NS      | $2179500.00   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo, Inc.                                                                       | PepsiCo, Inc.                                                                       | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     45000 | NS      | $5915250.00   | 1.70%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP Paribas Issuance BV into Advanced Micro Devices, Inc.                           | BNP Paribas Issuance BV into Advanced Micro Devices, Inc.                           | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | SN               | CORP              | FR        |     27000 | NS      | $2993675.84   | 0.86%             | 2026-03-02      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Fifth Third Bancorp                                                                 | Fifth Third Bancorp                                                                 | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |    135000 | NS      | $5155650.00   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Global Markets Holdings, Inc. into Analog Devices, Inc.                   | Citigroup Global Markets Holdings, Inc. into Analog Devices, Inc.                   | CUSIP: 17331V170<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | SN               | CORP              | US        |      6200 | NS      | $1332454.39   | 0.38%             | 2025-07-08      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Analog Devices, Inc.                                                                | Analog Devices, Inc.                                                                | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |     15000 | NS      | $3209700.00   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. Morgan Structured Products BV into Taiwan Semiconductor Manufacturing Co. Ltd. | J.P. Morgan Structured Products BV into Taiwan Semiconductor Manufacturing Co. Ltd. | CUSIP: N/A<br>LEI: XZYUUT6IYN31D9K77X08       | Long             | SN               | CORP              | NL        |     15000 | NS      | $2808912.49   | 0.81%             | 2026-04-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Schlumberger NV                                                                     | Schlumberger NV                                                                     | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |    300000 | NS      | $9915000.00   | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Mizuho Markets Cayman LP into Amgen, Inc.                                           | Mizuho Markets Cayman LP into Amgen, Inc.                                           | CUSIP: 60701E352<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | KY        |     10400 | NS      | $2946207.42   | 0.85%             | 2026-06-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Royal Bank of Canada into Cisco Systems, Inc.                                       | Royal Bank of Canada into Cisco Systems, Inc.                                       | CUSIP: 779942424<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | SN               | CORP              | CA        |     15000 | NS      | $812545.60    | 0.23%             | 2025-09-17      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| BNP Paribas Issuance BV into Microchip Technology, Inc.                             | BNP Paribas Issuance BV into Microchip Technology, Inc.                             | CUSIP: N/A<br>LEI: 7245009UXRIGIRYOBR48       | Long             | SN               | CORP              | NL        |    153820 | NS      | $8460540.72   | 2.43%             | 2026-05-18      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Barclays Bank plc into Dell Technologies Inc                                        | Barclays Bank plc into Dell Technologies Inc                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |     18000 | NS      | $2027807.98   | 0.58%             | 2025-09-03      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| Target Corp.                                                                        | Target Corp.                                                                        | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     32900 | NS      | $3092929.00   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                                                                    | TotalEnergies SE                                                                    | CUSIP: 89151E109<br>LEI: 529900S21EQ1BO4ESM68 | Long             | EC               | CORP              | FR        |    150000 | NS      | $8802000.00   | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Mizuho Markets Cayman LP into Barrick Gold Corp.                                    | Mizuho Markets Cayman LP into Barrick Gold Corp.                                    | CUSIP: 6068FR543<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | KY        |     55000 | NS      | $1034260.94   | 0.30%             | 2025-07-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA into Exxon Mobil Corp.                                       | JPMorgan Chase Bank NA into Exxon Mobil Corp.                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |      2500 | NS      | $260068.30    | 0.07%             | 2025-11-03      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Shell plc                                                                           | Shell plc                                                                           | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |    170000 | NS      | $5609137.93   | 1.61%             |  |  |  | No            |                  2 | On Loan: No      |
| J.P. Morgan Structured Products BV into Home Depot, Inc. (The)                      | J.P. Morgan Structured Products BV into Home Depot, Inc. (The)                      | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |      4100 | NS      | $1504663.22   | 0.43%             | 2025-10-15      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Rio Tinto plc                                                                       | Rio Tinto plc                                                                       | CUSIP: 767204100<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |     85000 | NS      | $5051550.00   | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs International Bank into NIKE, Inc.                                    | Goldman Sachs International Bank into NIKE, Inc.                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |     50000 | NS      | $3191539.62   | 0.92%             | 2026-03-31      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Merrill Lynch BV into Dell Technologies, Inc.                                       | Merrill Lynch BV into Dell Technologies, Inc.                                       | CUSIP: 59027W310<br>LEI: 549300RQ1D1WIE085245 | Long             | SN               | CORP              | NL        |      7000 | NS      | $799966.23    | 0.23%             | 2026-03-09      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| Barclays Bank plc into Alphabet, Inc.                                               | Barclays Bank plc into Alphabet, Inc.                                               | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |      4850 | NS      | $795823.70    | 0.23%             | 2026-04-23      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Caterpillar, Inc.                                                                   | Caterpillar, Inc.                                                                   | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |      6000 | NS      | $2088180.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo Bank NA into CVS Health Corp.                                           | Wells Fargo Bank NA into CVS Health Corp.                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |     33000 | NS      | $2158607.00   | 0.62%             | 2026-04-09      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Truist Financial Corp.                                                              | Truist Financial Corp.                                                              | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |     45000 | NS      | $1777500.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Global Markets Holdings, Inc. into UnitedHealth Group, Inc.               | Citigroup Global Markets Holdings, Inc. into UnitedHealth Group, Inc.               | CUSIP: 17332B132<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | SN               | CORP              | US        |      1780 | NS      | $579063.15    | 0.17%             | 2026-01-27      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada into Truist Financial Corp.                                    | Royal Bank of Canada into Truist Financial Corp.                                    | CUSIP: 779942309<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | SN               | CORP              | CA        |     24000 | NS      | $960048.16    | 0.28%             | 2025-08-04      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley Finance LLC into Freeport-McMoRan, Inc.                              | Morgan Stanley Finance LLC into Freeport-McMoRan, Inc.                              | CUSIP: 61772E180<br>LEI: 5493003FCPSE9RKT4B56 | Long             | SN               | CORP              | US        |    142593 | NS      | $5446416.10   | 1.57%             | 2026-11-18      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Merrill Lynch BV into Microsoft Corp.                                               | Merrill Lynch BV into Microsoft Corp.                                               | CUSIP: 59027W294<br>LEI: 549300RQ1D1WIE085245 | Long             | SN               | CORP              | NL        |      2500 | NS      | $1110335.97   | 0.32%             | 2026-02-13      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Bank NA into Analog Devices, Inc.                                    | JPMorgan Chase Bank NA into Analog Devices, Inc.                                    | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |     13000 | NS      | $2728847.06   | 0.78%             | 2026-02-19      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP into Barrick Gold Corp.                                    | Mizuho Markets Cayman LP into Barrick Gold Corp.                                    | CUSIP: 6068FR642<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | KY        |     50000 | NS      | $963603.31    | 0.28%             | 2025-08-21      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| J.P. Morgan Structured Products BV into Freeport-McMoRan, Inc.                      | J.P. Morgan Structured Products BV into Freeport-McMoRan, Inc.                      | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |    107000 | NS      | $4075165.61   | 1.17%             | 2026-05-19      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Merrill Lynch BV into Advanced Micro Devices, Inc.                                  | Merrill Lynch BV into Advanced Micro Devices, Inc.                                  | CUSIP: 59027W336<br>LEI: 549300RQ1D1WIE085245 | Long             | SN               | CORP              | NL        |     53614 | NS      | $5303764.58   | 1.53%             | 2026-05-06      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Boeing Co. (The)                                                                    | Boeing Co. (The)                                                                    | CUSIP: 097023204<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EP               | CORP              | US        |    235000 | NS      | $15820200.00  | 4.55%             |  |  |  | No            |                  1 | On Loan: No      |
| UBS AG into Cisco Systems, Inc.                                                     | UBS AG into Cisco Systems, Inc.                                                     | CUSIP: 90301T590<br>LEI: BFM8T61CT2L1QCEMIK50 | Long             | SN               | CORP              | CH        |     30000 | NS      | $1602229.58   | 0.46%             | 2025-06-10      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The) into Amazon.com, Inc.                                   | Toronto-Dominion Bank (The) into Amazon.com, Inc.                                   | CUSIP: 89116B638<br>LEI: PT3QB789TSUIDF371261 | Long             | SN               | CORP              | CA        |     22800 | NS      | $4627717.75   | 1.33%             | 2026-03-31      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| AbbVie, Inc.                                                                        | AbbVie, Inc.                                                                        | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     20000 | NS      | $3722200.00   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo Bank NA into Boeing Co. (The)                                           | Wells Fargo Bank NA into Boeing Co. (The)                                           | CUSIP: 95002A139<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | SN               | CORP              | US        |      6300 | NS      | $1253516.10   | 0.36%             | 2025-06-17      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Royal Bank of Canada into Citigroup, Inc.                                           | Royal Bank of Canada into Citigroup, Inc.                                           | CUSIP: 779942408<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | SN               | CORP              | CA        |     13000 | NS      | $871618.82    | 0.25%             | 2025-08-27      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| UnitedHealth Group, Inc.                                                            | UnitedHealth Group, Inc.                                                            | CUSIP: 91324P102<br>LEI: 549300GHBMY8T5GXDE41 | Long             | EC               | CORP              | US        |     10000 | NS      | $3019100.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Toronto-Dominion Bank (The) into Medtronic plc                                      | Toronto-Dominion Bank (The) into Medtronic plc                                      | CUSIP: 89116B620<br>LEI: PT3QB789TSUIDF371261 | Long             | SN               | CORP              | CA        |      8000 | NS      | $681911.49    | 0.20%             | 2026-04-13      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Goldman Sachs Bank USA into Applied Materials, Inc.                                 | Goldman Sachs Bank USA into Applied Materials, Inc.                                 | CUSIP: 38151L407<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | SN               | CORP              | US        |     29000 | NS      | $4295548.57   | 1.24%             | 2026-05-05      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| McDonald's Corp.                                                                    | McDonald's Corp.                                                                    | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |     20000 | NS      | $6277000.00   | 1.80%             |  |  |  | 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        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase Bank NA into Truist Financial Corp.                                  | JPMorgan Chase Bank NA into Truist Financial Corp.                                  | CUSIP: 4662AA448<br>LEI: 7H6GLXDRUGQFU57RNE97 | Long             | SN               | CORP              | US        |     12000 | NS      | $480580.63    | 0.14%             | 2026-03-02      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP into Analog Devices, Inc.                                  | Mizuho Markets Cayman LP into Analog Devices, Inc.                                  | CUSIP: 60701E345<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | KY        |     13000 | NS      | $2666453.54   | 0.77%             | 2026-05-18      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Barclays Bank plc into Amazon.com, Inc.                                             | Barclays Bank plc into Amazon.com, Inc.                                             | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |     12500 | NS      | $2550647.36   | 0.73%             | 2026-03-25      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Mizuho Markets Cayman LP into Freeport-McMoRan, Inc.                                | Mizuho Markets Cayman LP into Freeport-McMoRan, Inc.                                | CUSIP: 60701E139<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | KY        |     20000 | NS      | $783431.49    | 0.23%             | 2025-12-24      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Royal Bank of Canada into Oracle Corp.                                              | Royal Bank of Canada into Oracle Corp.                                              | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |     31000 | NS      | $4708856.54   | 1.35%             | 2026-05-13      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Nestle SA                                                                           | Nestle SA                                                                           | CUSIP: 641069406<br>LEI: KY37LUS27QQX7BB93L28 | Long             | EC               | CORP              | CH        |     63000 | NS      | $6710130.00   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Mizuho Markets Cayman LP into Hewlett Packard Enterprise Co.                        | Mizuho Markets Cayman LP into Hewlett Packard Enterprise Co.                        | CUSIP: 6068FR667<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | KY        |     64000 | NS      | $1083339.31   | 0.31%             | 2025-09-30      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Salesforce, Inc.                                                                    | Salesforce, Inc.                                                                    | CUSIP: 79466L302<br>LEI: RCGZFPDMRW58VJ54VR07 | Long             | EC               | CORP              | US        |     16000 | NS      | $4245920.00   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Goldman Sachs Bank USA into Home Depot, Inc. (The)                                  | Goldman Sachs Bank USA into Home Depot, Inc. (The)                                  | CUSIP: 38151L506<br>LEI: KD3XUN7C6T14HNAYLU02 | Long             | SN               | CORP              | US        |     10000 | NS      | $3684317.43   | 1.06%             | 2027-05-18      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** Franklin Strategic Series

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer