# EDGAR Filing Document

**Accession Number:** 0000872625
**File Stem:** 0002071691-26-007552
**Filing Date:** 2026-3
**Character Count:** 40209
**Document Hash:** f35a2d662302d75fa0835c5e5a0ae7f8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-007552.hdr.sgml**: 20260327

**ACCESSION NUMBER**: 0002071691-26-007552

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260327

**DATE AS OF CHANGE**: 20260327

**PERIOD START**: 20260430

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-06243
- **FILM NUMBER:** 26805951

**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 NATURAL RESOURCES FUND (Series ID: S000006887)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000018647 | CLASS C       | FNCRX           |
| C000018648 | CLASS A       | FRNRX           |
| C000018649 | ADVISOR CLASS | FNRAX           |
| C000132949 | Class R6      | FNCSX           |

## 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 Natural Resources Fund

- **b. EDGAR series identifier (if any):** S000006887

- **c. LEI of Series:** TCWS4YX3L8J5QHI4RW34

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

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

- **b. Date as of which information is reported:** 2026-01-31

**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:** $470448727.95

**Total Liabilities:** $20224775.99

**Net Assets:** $450223951.96

**Cash Not Reported:** $355058.72

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000018649 | 4.85%                | 3.37%                | 12.32%               |
| Class ID C000018648 | 4.84%                | 3.34%                | 12.29%               |
| Class ID C000018647 | 4.77%                | 3.25%                | 12.24%               |
| Class ID C000132949 | 4.86%                | 3.37%                | 12.35%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1260497.22              | $15197733.58                               |
| Month 2  | $228424.47               | $11923966.30                               |
| Month 3  | $395666.38               | $48219242.65                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Shell plc                                                | Shell plc                                                | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |     91200 | NS      | $7025136.00   | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| New Gold, Inc.                                           | New Gold, Inc.                                           | CUSIP: 644535106<br>LEI: 5493005G0GNCHP0H6L96 | Long             | EC               | CORP              | CA        |    125400 | NS      | $1257762.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Exxon Mobil Corp.                                        | Exxon Mobil Corp.                                        | CUSIP: 30231G102<br>LEI: J3WHBG0MTS7O8ZVMDC91 | Long             | EC               | CORP              | US        |    133806 | NS      | $18920168.40  | 4.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Valero Energy Corp.                                      | Valero Energy Corp.                                      | CUSIP: 91913Y100<br>LEI: 549300XTO5VR8SKV1V74 | Long             | EC               | CORP              | US        |     25900 | NS      | $4699037.00   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Natural Resources Ltd.                          | Canadian Natural Resources Ltd.                          | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |    218700 | NS      | $8131884.85   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp.                                  | Permian Resources Corp., Class A                         | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |    146500 | NS      | $2363045.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Tourmaline Oil Corp.                                     | Tourmaline Oil Corp.                                     | CUSIP: 89156V106<br>LEI: 894500I7AXG91VB3PM28 | Long             | EC               | CORP              | CA        |     41600 | NS      | $1968717.36   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Ovintiv, Inc.                                            | Ovintiv, Inc.                                            | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |     60800 | NS      | $2642976.00   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Xylem, Inc.                                              | Xylem, Inc.                                              | CUSIP: 98419M100<br>LEI: 549300DF5MV96DRYLQ48 | Long             | EC               | CORP              | US        |     21200 | NS      | $2922844.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Antofagasta plc                                          | Antofagasta plc                                          | CUSIP: N/A<br>LEI: 213800MY6QVH4FVLD628       | Long             | EC               | CORP              | GB        |    126400 | NS      | $6263311.29   | 1.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Occidental Petroleum Corp.                               | Occidental Petroleum Corp.                               | CUSIP: 674599162<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             |  | CORP              | US        |     17900 | NS      | $421187.00    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC plc                                           | TechnipFMC plc                                           | CUSIP: N/A<br>LEI: 549300D5I93QWCJTCK36       | Long             | EC               | CORP              | GB        |     92600 | NS      | $5159672.00   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadeler A/S                                              | Cadeler A/S                                              | CUSIP: 12738K109<br>LEI: 9845008439EUED140282 | Long             | EC               | CORP              | DK        |     90424 | NS      | $2161133.60   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Solaris Energy Infrastructure, Inc.                      | Solaris Energy Infrastructure, Inc., Class A             | CUSIP: 83418M103<br>LEI: 529900MTK3C8Y8TIIC10 | Long             | EC               | CORP              | US        |     25400 | NS      | $1401826.00   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Phillips 66                                              | Phillips 66                                              | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |     48100 | NS      | $6905236.00   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Vale SA                                                  | Vale SA, Class B                                         | CUSIP: 91912E105<br>LEI: 254900SMTWBX7RU2SR20 | Long             | EC               | CORP              | BR        |    199400 | NS      | $3204358.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova, Inc.                                         | GE Vernova, Inc.                                         | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |      3600 | NS      | $2614932.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Trican Well Service Ltd.                                 | Trican Well Service Ltd.                                 | CUSIP: 895945103<br>LEI: 5493003PMAE3KEW1DL91 | Long             | EC               | CORP              | CA        |    249600 | NS      | $1281316.05   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Cactus, Inc.                                             | Cactus, Inc., Class A                                    | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Long             | EC               | CORP              | US        |     34300 | NS      | $1928689.00   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| B2Gold Corp.                                             | B2Gold Corp.                                             | CUSIP: 11777QAC4<br>LEI: 549300F7OK456M5NLM05 | Long             | DBT              | CORP              | CA        |    933000 | PA      | $1607840.77   | 0.36%             | 2030-02-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| Cheniere Energy, Inc.                                    | Cheniere Energy, Inc.                                    | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |     17300 | NS      | $3659296.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Capstone Copper Corp.                                    | Capstone Copper Corp.                                    | CUSIP: 14071L108<br>LEI: 549300III6KGKKC42W63 | Long             | EC               | CORP              | CA        |    495300 | NS      | $5488985.42   | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Redwood Materials, Inc.                                  | Redwood Materials, Inc., Series E                        | CUSIP: N/A<br>LEI: 5493008UYCX7OTNK6D78       | Long             | EC               | CORP              | US        |     39802 | NS      | $1899982.70   | 0.42%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Glencore plc                                             | Glencore plc                                             | CUSIP: N/A<br>LEI: 2138002658CPO9NBH955       | Long             | EC               | CORP              | JE        |    313300 | NS      | $2135877.77   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| Lindian Resources Ltd.                                   | Lindian Resources Ltd.                                   | CUSIP: N/A<br>LEI: 984500CHDBDE3657BC83       | Long             | EC               | CORP              | AU        |   5933452 | NS      | $1755997.70   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmont Corp.                                            | Newmont Corp.                                            | CUSIP: 651639106<br>LEI: 549300VSP3RIX7FGDZ51 | Long             | EC               | CORP              | US        |    172300 | NS      | $19357905.00  | 4.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Ranger Energy Services, Inc.                             | Ranger Energy Services, Inc., Class A                    | CUSIP: 75282U104<br>LEI: 549300J7RIVGVAN0RE23 | Long             | EC               | CORP              | US        |      1114 | NS      | $17177.88     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos., Inc. (The)                                | Williams Cos., Inc. (The)                                | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |    103900 | NS      | $6988314.00   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrick Mining Corp.                                     | Barrick Mining Corp.                                     | CUSIP: 06849F108<br>LEI: 0O4KBQCJZX82UKGCBV73 | Long             | EC               | CORP              | CA        |    322500 | NS      | $14767275.00  | 3.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Nutrien Ltd.                                             | Nutrien Ltd.                                             | CUSIP: 67077M108<br>LEI: 5493002QQ7GD21OWF963 | Long             | EC               | CORP              | CA        |    103400 | NS      | $7123226.00   | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntsman Corp.                                           | Huntsman Corp.                                           | CUSIP: 447011107<br>LEI: 5299000V56320A7RIQ67 | Long             | EC               | CORP              | US        |     64100 | NS      | $693562.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Tamboran Resources Corp.                                 | Tamboran Resources Corp.                                 | CUSIP: 87507T101<br>LEI: 529900WBYBEP48BB5133 | Long             | EC               | CORP              | US        |     45074 | NS      | $1349515.56   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Freeport-McMoRan, Inc.                                   | Freeport-McMoRan, Inc.                                   | CUSIP: 35671D857<br>LEI: 549300IRDTHJQ1PVET45 | Long             | EC               | CORP              | US        |    158500 | NS      | $9546455.00   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corp.                                          | Albemarle Corp.                                          | CUSIP: 012653200<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EP               | CORP              | US        |     30800 | NS      | $2135672.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Enbridge, Inc.                                           | Enbridge, Inc.                                           | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |     64300 | NS      | $3140412.00   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                                         | TotalEnergies SE                                         | CUSIP: N/A<br>LEI: 529900S21EQ1BO4ESM68       | Long             | EC               | CORP              | FR        |     63100 | NS      | $4568440.00   | 1.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Corteva, Inc.                                            | Corteva, Inc.                                            | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |    115200 | NS      | $8386560.00   | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudbay Minerals, Inc.                                    | Hudbay Minerals, Inc.                                    | CUSIP: 443628102<br>LEI: 894500LX3TMESP27BE29 | Long             | EC               | CORP              | CA        |    158000 | NS      | $3742151.07   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Dollar                                          | Canadian Dollar                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | CA        |     75357 | OU      | $55342.20     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ranger Energy Services, Inc.                             | Ranger Energy Services, Inc., Class A                    | CUSIP: 75282U104<br>LEI: 549300J7RIVGVAN0RE23 | Long             | EC               | CORP              | US        |     67686 | NS      | $1043718.12   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Teck Resources Ltd.                                      | Teck Resources Ltd., Class B                             | CUSIP: 878742204<br>LEI: T8KI5SQ2JRWHL7XY0E11 | Long             | EC               | CORP              | CA        |    138400 | NS      | $7440384.00   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Products and Chemicals, Inc.                         | Air Products and Chemicals, Inc.                         | CUSIP: 009158106<br>LEI: 7QEON6Y1RL5XR3R1W237 | Long             | EC               | CORP              | US        |     28400 | NS      | $7739000.00   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamos Gold, Inc.                                        | Alamos Gold, Inc., Class A                               | CUSIP: 011532108<br>LEI: 894500GIHFJZW7YS9660 | Long             | EC               | CORP              | CA        |    180800 | NS      | $6700082.99   | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Neo Performance Materials, Inc.                          | Neo Performance Materials, Inc.                          | CUSIP: N/A<br>LEI: 984500E2A5I396CB6D96       | Long             | EC               | CORP              | CA        |     85000 | NS      | $1196048.91   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co.                                    | Matador Resources Co.                                    | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |     66700 | NS      | $3017508.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Oil States International, Inc.                           | Oil States International, Inc.                           | CUSIP: 678026AK1<br>LEI: 5493004TF4KQJGMYL777 | Long             | DBT              | CORP              | US        |   1200000 | PA      | $1226333.71   | 0.27%             | 2026-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Aclara Resources, Inc.                                   | Aclara Resources, Inc.                                   | CUSIP: 00461M103<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    431100 | NS      | $1152428.30   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Ball Corp.                                               | Ball Corp.                                               | CUSIP: 058498106<br>LEI: 0BGI85ALH27ZJP15DY16 | Long             | EC               | CORP              | US        |     39000 | NS      | $2217930.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd.                                                 | SLB Ltd.                                                 | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |    127700 | NS      | $6178126.00   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| IperionX Ltd.                                            | IperionX Ltd.                                            | CUSIP: N/A<br>LEI: 98450096B1C9E094C832       | Long             | EC               | CORP              | AU        |    649100 | NS      | $3252872.99   | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Aker BP ASA                                              | Aker BP ASA                                              | CUSIP: N/A<br>LEI: 549300NFTY73920OYK69       | Long             | EC               | CORP              | NO        |     91900 | NS      | $2705343.51   | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| EQT Corp.                                                | EQT Corp.                                                | CUSIP: 26884L109<br>LEI: 4NT01YGM4X7ZX86ISY52 | Long             | EC               | CORP              | US        |    100000 | NS      | $5773000.00   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                                            | Chevron Corp.                                            | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     74640 | NS      | $13203816.00  | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| TC Energy Corp.                                          | TC Energy Corp.                                          | CUSIP: 87807B107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |    104300 | NS      | $6119281.00   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Halliburton Co.                                          | Halliburton Co.                                          | CUSIP: 406216101<br>LEI: ENYF8GB5SMQZ25S06U51 | Long             | EC               | CORP              | US        |     52400 | NS      | $1756448.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ConocoPhillips                                           | ConocoPhillips                                           | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |    142200 | NS      | $14821506.00  | 3.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Bunge Global SA                                          | Bunge Global SA                                          | CUSIP: N/A<br>LEI: 254900IVXSV9K0B7PO26       | Long             | EC               | CORP              | CH        |     28400 | NS      | $3234192.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Otovo ASA                                                | Otovo ASA                                                | CUSIP: N/A<br>LEI: 213800GFRKV96MLT9G04       | Long             | EC               | CORP              | NO        |   8112864 | NS      | $1314165.19   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ERO Copper Corp.                                         | ERO Copper Corp.                                         | CUSIP: 296006109<br>LEI: 549300KL8A21SEIO8I47 | Long             | EC               | CORP              | CA        |    166700 | NS      | $5592373.96   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Rio Tinto plc                                            | Rio Tinto plc                                            | CUSIP: 767204100<br>LEI: 213800YOEO5OQ72G2R82 | Long             | EC               | CORP              | GB        |     76500 | NS      | $6963795.00   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance, Inc.                                           | Reliance, Inc.                                           | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |      9200 | NS      | $3031400.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Neo Performance Materials, Inc.                          | Neo Performance Materials, Inc.                          | CUSIP: 64046G106<br>LEI: 984500E2A5I396CB6D96 | Long             | EC               | CORP              | CA        |     75400 | NS      | $1060965.74   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| BHP Group Ltd.                                           | BHP Group Ltd.                                           | CUSIP: 088606108<br>LEI: WZE1WSENV6JSZFK0JC28 | Long             | EC               | CORP              | AU        |    182400 | NS      | $12536352.00  | 2.78%             |  |  |  | No            |                  1 | On Loan: —       |
| Franklin Institutional U.S. Government Money Market Fund | Franklin Institutional U.S. Government Money Market Fund | CUSIP: 8611239C3<br>LEI: 549300M4TP89K77LG374 | Long             | STIV             | RF                | US        |  19748375 | NS      | $19748375.00  | 4.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy, Inc.                                     | Coterra Energy, Inc.                                     | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |    375300 | NS      | $10827405.00  | 2.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Aclara Resources, Inc.                                   | Aclara Resources, Inc.                                   | CUSIP: N/A<br>LEI: 549300V8ITKL5RQLZQ44       | Long             | EC               | CORP              | CA        |    510754 | NS      | $1365361.55   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Precision Drilling Corp.                                 | Precision Drilling Corp.                                 | CUSIP: 74022D407<br>LEI: 8945003E8R4T2TZ7G795 | Long             | EC               | CORP              | CA        |     17200 | NS      | $1371528.00   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Badger Meter, Inc.                                       | Badger Meter, Inc.                                       | CUSIP: 056525108<br>LEI: 5493002JENE20OGTUG20 | Long             | EC               | CORP              | US        |     14800 | NS      | $2169384.00   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| T1 Energy, Inc.                                          | T1 Energy, Inc.                                          | CUSIP: 35834F104<br>LEI: 529900H0645VFXNMJ693 | Long             | EC               | CORP              | US        |    449500 | NS      | $3744335.00   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Valterra Platinum Ltd.                                   | Valterra Platinum Ltd.                                   | CUSIP: N/A<br>LEI: 529900RORCZ0E5S5FX81       | Long             | EC               | CORP              | ZA        |      5648 | NS      | $509377.58    | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Martin Marietta Materials, Inc.                          | Martin Marietta Materials, Inc.                          | CUSIP: 573284106<br>LEI: 5299005MZ4WZECVATV08 | Long             | EC               | CORP              | US        |     13100 | NS      | $8540545.00   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Infinity Natural Resources, Inc.                         | Infinity Natural Resources, Inc., Class A                | CUSIP: 456941103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    204900 | NS      | $3253812.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Occidental Petroleum Corp.                               | Occidental Petroleum Corp.                               | CUSIP: 674599105<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | EC               | CORP              | US        |     84000 | NS      | $3812760.00   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Oceaneering International, Inc.                          | Oceaneering International, Inc.                          | CUSIP: 675232102<br>LEI: 549300L6PH74701W0R30 | Long             | EC               | CORP              | US        |     38600 | NS      | $1161860.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Marathon Petroleum Corp.                                 | Marathon Petroleum Corp.                                 | CUSIP: 56585A102<br>LEI: 3BNYRYQHD39K4LCKQF12 | Long             | EC               | CORP              | US        |     23600 | NS      | $4158084.00   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| South32 Ltd.                                             | South32 Ltd.                                             | CUSIP: N/A<br>LEI: 213800LAZNPXSBKVHR17       | Long             | EC               | CORP              | AU        |    685800 | NS      | $2172523.54   | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| Baker Hughes Co.                                         | Baker Hughes Co., Class A                                | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     60100 | NS      | $3368004.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources, Inc.                                      | EOG Resources, Inc.                                      | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     56100 | NS      | $6290493.00   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinox Gold Corp.                                       | Equinox Gold Corp.                                       | CUSIP: 29446Y502<br>LEI: 5493005IN4V1SNP9PN75 | Long             | EC               | CORP              | CA        |    414700 | NS      | $5930210.00   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Cameco Corp.                                             | Cameco Corp.                                             | CUSIP: 13321L108<br>LEI: N4BHALMXL3GMZKCUON55 | Long             | EC               | CORP              | CA        |     29700 | NS      | $3664683.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Technip Energies NV                                      | Technip Energies NV                                      | CUSIP: N/A<br>LEI: 724500FLODI49NSCIP70       | Long             | EC               | CORP              | NL        |     39199 | NS      | $1536187.48   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Anglo American plc                                       | Anglo American plc                                       | CUSIP: N/A<br>LEI: 549300S9XF92D1X8ME43       | Long             | EC               | CORP              | GB        |     51516 | NS      | $2388684.31   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| Ivanhoe Mines Ltd.                                       | Ivanhoe Mines Ltd., Class A                              | CUSIP: 46579R104<br>LEI: 5299006XZISURYIA4G32 | Long             | EC               | CORP              | CA        |    232000 | NS      | $2933969.82   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Holdings, Inc.                                     | Crown Holdings, Inc.                                     | CUSIP: 228368106<br>LEI: NYLWZIOY8PUNIT4JOE22 | Long             | EC               | CORP              | US        |     19300 | NS      | $2020324.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Albemarle Corp.                                          | Albemarle Corp.                                          | CUSIP: 012653101<br>LEI: HDBLS2Q6GV1LSKQPBS54 | Long             | EC               | CORP              | US        |     10400 | NS      | $1774552.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Institutional U.S. Government Money Market Fund | Franklin Institutional U.S. Government Money Market Fund | CUSIP: 457756500<br>LEI: 549300M4TP89K77LG374 | Long             | STIV             | RF                | US        |  18193767 | NS      | $18193766.59  | 4.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan, Inc.                                      | Kinder Morgan, Inc.                                      | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |    193500 | NS      | $5899815.00   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Lundin Mining Corp.                                      | Lundin Mining Corp.                                      | CUSIP: 550372106<br>LEI: 549300FQDIM6C8HTN269 | Long             | EC               | CORP              | CA        |    368100 | NS      | $9285965.56   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp.                                    | Targa Resources Corp.                                    | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |     33200 | NS      | $6672536.00   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy, Inc.                                     | Liberty Energy, Inc., Class A                            | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    134600 | NS      | $3317890.00   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Water Solutions, Inc.                             | Select Water Solutions, Inc., Class A                    | CUSIP: 81617J301<br>LEI: 54930094OK8LA3QDW486 | Long             | EC               | CORP              | US        |     90100 | NS      | $1089309.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| MP Materials Corp.                                       | MP Materials Corp.                                       | CUSIP: 553368101<br>LEI: 89450063PHPS61USMT84 | Long             | EC               | CORP              | US        |     43500 | NS      | $2556495.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: —       |
| EURO                                                     | EURO                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |     53635 | OU      | $63576.25     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Agnico Eagle Mines Ltd.                                  | Agnico Eagle Mines Ltd.                                  | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |     57900 | NS      | $11006379.03  | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Suncor Energy, Inc.                                      | Suncor Energy, Inc.                                      | CUSIP: 867224107<br>LEI: 894500XO86FKXQGPYV71 | Long             | EC               | CORP              | CA        |    129300 | NS      | $6834150.48   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Packaging Corp. of America                               | Packaging Corp. of America                               | CUSIP: 695156109<br>LEI: 549300XZP8MFZFY8TJ84 | Long             | EC               | CORP              | US        |     10400 | NS      | $2314520.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Ivanhoe Electric, Inc.                                   | Ivanhoe Electric, Inc.                                   | CUSIP: 46578C108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     71100 | NS      | $1215099.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Brazilian Rare Earths Ltd.                               | Brazilian Rare Earths Ltd.                               | CUSIP: N/A<br>LEI: 9845008972A00C4E4C60       | Long             | EC               | CORP              | AU        |    581286 | NS      | $1538158.32   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Linde plc                                                | Linde plc                                                | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | IE        |     17400 | NS      | $7951278.00   | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-02

**Name of Applicant:** Franklin Strategic Series

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer