# EDGAR Filing Document

**Accession Number:** 0000856119
**File Stem:** 0002071691-25-009309
**Filing Date:** 2025-12
**Character Count:** 25030
**Document Hash:** 059dfc9fea08a1dcb9e4cdddaaa27753
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-009309.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0002071691-25-009309

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FRANKLIN VALUE INVESTORS TRUST
- **CENTRAL INDEX KEY:** 0000856119

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05878
- **FILM NUMBER:** 251595206

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906
- **BUSINESS PHONE:** 650-312-2000

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN BALANCE SHEET INVESTMENT FUND
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### FRANKLIN MUTUAL U.S. MID CAP VALUE FUND (Series ID: S000007352)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000020187 | CLASS A       | FRBSX           |
| C000020189 | CLASS C       | FCBSX           |
| C000020190 | ADVISOR CLASS | FBSAX           |
| C000020191 | CLASS R       | FBSRX           |
| C000128824 | Class R6      | FBSIX           |

## 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 Value Investors Trust

- **b. Investment Company Act file number:** 811-05878

- **c. CIK number of Registrant:** 0000856119

- **d. LEI of Registrant:** 549300RD0PTCJOMRSV24

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

  - **Street Address 1:** One Franklin Parkway

  - **City:** San Mateo

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94403-1906

  - **Telephone number:** 650-312-2000

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

- **a. Name of Series:** Franklin Mutual U.S. Mid Cap Value Fund

- **b. EDGAR series identifier (if any):** S000007352

- **c. LEI of Series:** 549300YEOWYM0BM8V007

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

- **a. Date of fiscal year-end:** 2025-10-31

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

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $744911784.28

**Total Liabilities:** $806996.98

**Net Assets:** $744104787.30

**Cash Not Reported:** $4848019.52

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000128824 | 4.95%                | -1.79%               | -2.13%               |
| Class ID C000020191 | 4.89%                | -1.83%               | -2.18%               |
| Class ID C000020190 | 4.93%                | -1.78%               | -2.15%               |
| Class ID C000020187 | 4.92%                | -1.81%               | -2.17%               |
| Class ID C000020189 | 4.83%                | -1.87%               | -2.25%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $536677.96               | $35436816.48                               |
| Month 2  | $152707.97               | $-14958605.59                              |
| Month 3  | $5955778.12              | $-22993951.81                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CBRE Group, Inc.                                         | CBRE Group, Inc., Class A                                | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |     83612 | NS      | $12744977.16  | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Baxter International, Inc.                               | Baxter International, Inc.                               | CUSIP: 071813109<br>LEI: J5OIVXX3P24RJRW5CK77 | Long             | EC               | CORP              | US        |    337764 | NS      | $6238501.08   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| AECOM                                                    | AECOM                                                    | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |     70685 | NS      | $9496529.75   | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Gen Digital, Inc.                                        | Gen Digital, Inc.                                        | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |    568617 | NS      | $14988744.12  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp.                                 | SBA Communications Corp., Class A                        | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |     57800 | NS      | $11067544.00  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Everest Group Ltd.                                       | Everest Group Ltd.                                       | CUSIP: N/A<br>LEI: 549300N24XF2VV0B3570       | Long             | EC               | CORP              | BM        |     38471 | NS      | $12099898.92  | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Fiserv, Inc.                                             | Fiserv, Inc.                                             | CUSIP: 337738108<br>LEI: GI7UBEJLXYLGR2C7GV83 | Long             | EC               | CORP              | US        |     44093 | NS      | $2940562.17   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial, Inc.                            | Raymond James Financial, Inc.                            | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |     61051 | NS      | $9686962.17   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International plc                       | Johnson Controls International plc                       | CUSIP: N/A<br>LEI: 549300XQ6S1GYKGBL205       | Long             | EC               | CORP              | IE        |    107991 | NS      | $12353090.49  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Hartford Insurance Group, Inc. (The)                     | Hartford Insurance Group, Inc. (The)                     | CUSIP: 416515104<br>LEI: IU7C3FTM7Y3BQM112U94 | Long             | EC               | CORP              | US        |    167714 | NS      | $20826724.52  | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos., Inc. (The)                                | Williams Cos., Inc. (The)                                | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |    135904 | NS      | $7864764.48   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| PNC Financial Services Group, Inc. (The)                 | PNC Financial Services Group, Inc. (The)                 | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |    115873 | NS      | $21152616.15  | 2.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corp.                                     | Dollar General Corp.                                     | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |    129894 | NS      | $12815342.04  | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Rad Laboratories, Inc.                               | Bio-Rad Laboratories, Inc., Class A                      | CUSIP: 090572207<br>LEI: 549300ZC1GPV35XYDK53 | Long             | EC               | CORP              | US        |     33318 | NS      | $10646766.90  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Gap, Inc. (The)                                          | Gap, Inc. (The)                                          | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |    685319 | NS      | $15659539.15  | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Amdocs Ltd.                                              | Amdocs Ltd.                                              | CUSIP: N/A<br>LEI: 549300HQV672RJ7RQV66       | Long             | EC               | CORP              | GG        |    186433 | NS      | $15708844.58  | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| International Paper Co.                                  | International Paper Co.                                  | CUSIP: 460146103<br>LEI: 824LMFJDH41EY779Q875 | Long             | EC               | CORP              | US        |    316830 | NS      | $12242311.20  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Capital One Financial Corp.                              | Capital One Financial Corp.                              | CUSIP: 14040H105<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | EC               | CORP              | US        |     45173 | NS      | $9937608.27   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty, Inc.                                        | Ulta Beauty, Inc.                                        | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |     22706 | NS      | $11804395.28  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corp.                                                | PPL Corp.                                                | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |    667280 | NS      | $24369065.60  | 3.27%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR, Inc.                                                | KBR, Inc.                                                | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |    327392 | NS      | $14025473.28  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| PPG Industries, Inc.                                     | PPG Industries, Inc.                                     | CUSIP: 693506107<br>LEI: 549300BKPEP01R3V6C59 | Long             | EC               | CORP              | US        |    115560 | NS      | $11295990.00  | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management, Inc.                           | Apollo Global Management, Inc.                           | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |     68554 | NS      | $8521947.74   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd.                                                 | SLB Ltd.                                                 | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |    434100 | NS      | $15653646.00  | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings, Inc.                             | Zimmer Biomet Holdings, Inc.                             | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |    187961 | NS      | $18901358.16  | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Flex Ltd.                                                | Flex Ltd.                                                | CUSIP: N/A<br>LEI: 549300EAQH74YHD07T53       | Long             | EC               | CORP              | SG        |    237132 | NS      | $14825492.64  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance, Inc.                                           | Reliance, Inc.                                           | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |     57735 | NS      | $16306096.05  | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SS&C Technologies Holdings, Inc.                         | SS&C Technologies Holdings, Inc.                         | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |    189075 | NS      | $16056249.00  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments, Inc.                                    | Global Payments, Inc.                                    | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |     86916 | NS      | $6758588.16   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods, Inc.                              | Dick's Sporting Goods, Inc.                              | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |     41664 | NS      | $9226492.80   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| CNH Industrial NV                                        | CNH Industrial NV                                        | CUSIP: N/A<br>LEI: 549300WGC2HZ5J67V817       | Long             | EC               | CORP              | NL        |   1099873 | NS      | $11537667.77  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Estee Lauder Cos., Inc. (The)                            | Estee Lauder Cos., Inc. (The), Class A                   | CUSIP: 518439104<br>LEI: 549300VFZ8XJ9NUPU221 | Long             | EC               | CORP              | US        |    110475 | NS      | $10681827.75  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Humana, Inc.                                             | Humana, Inc.                                             | CUSIP: 444859102<br>LEI: 529900YLDW34GJAO4J06 | Long             | EC               | CORP              | US        |     12024 | NS      | $3344956.56   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp. plc                               | Gates Industrial Corp. plc                               | CUSIP: N/A<br>LEI: 549300S6K4FWUSB9KM27       | Long             | EC               | CORP              | GB        |    455887 | NS      | $10065984.96  | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy, Inc.                                             | Evergy, Inc.                                             | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |    312799 | NS      | $24026091.19  | 3.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises, Inc.                               | Ferguson Enterprises, Inc.                               | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |     65245 | NS      | $16213382.50  | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corp.                                        | Boyd Gaming Corp.                                        | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |    105536 | NS      | $8218088.32   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NXP Semiconductors NV                                    | NXP Semiconductors NV                                    | CUSIP: N/A<br>LEI: 724500M9BY5293JDF951       | Long             | EC               | CORP              | NL        |     69429 | NS      | $14518992.48  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co.                                         | Baker Hughes Co., Class A                                | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     97235 | NS      | $4707146.35   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals, Inc.                                     | United Rentals, Inc.                                     | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |     10025 | NS      | $8733579.50   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG Resources, Inc.                                      | EOG Resources, Inc.                                      | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |    138498 | NS      | $14658628.32  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Dover Corp.                                              | Dover Corp.                                              | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |    127741 | NS      | $23179881.86  | 3.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Financial, Inc.                                     | Voya Financial, Inc.                                     | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               | CORP              | US        |    167838 | NS      | $12497217.48  | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| AerCap Holdings NV                                       | AerCap Holdings NV                                       | CUSIP: N/A<br>LEI: 549300SZYINBBLJQU475       | Long             | EC               | CORP              | NL        |    120879 | NS      | $15743280.96  | 2.12%             |  |  |  | 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        |  49189845 | NS      | $49189844.66  | 6.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Bath & Body Works, Inc.                                  | Bath & Body Works, Inc.                                  | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |    283136 | NS      | $6931169.28   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Aptiv plc                                                | Aptiv plc                                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JE        |     63896 | NS      | $5181965.60   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp.                                            | Entergy Corp.                                            | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |    200520 | NS      | $19267966.80  | 2.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Pound Sterling                                           | Pound Sterling                                           | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | GB        |    407607 | OU      | $535473.53    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cencora, Inc.                                            | Cencora, Inc.                                            | CUSIP: 03073E105<br>LEI: AI8GXW8LG5WK7E9UD086 | Long             | EC               | CORP              | US        |     27462 | NS      | $9276938.22   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group, Inc.                           | Citizens Financial Group, Inc.                           | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |    319504 | NS      | $16253168.48  | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group, Inc.                             | Brixmor Property Group, Inc.                             | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |    915407 | NS      | $23947047.12  | 3.22%             |  |  |  | No            |                  1 | On Loan: No      |
| DR Horton, Inc.                                          | DR Horton, Inc.                                          | CUSIP: 23331A109<br>LEI: 529900ZIUEYVSB8QDD25 | Long             | EC               | CORP              | US        |     56106 | NS      | $8364282.48   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Envista Holdings Corp.                                   | Envista Holdings Corp.                                   | CUSIP: 29415F104<br>LEI: 549300BX623VURJZ5269 | Long             | EC               | CORP              | US        |    647173 | NS      | $13169970.55  | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries, Inc.                                 | Valmont Industries, Inc.                                 | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |     22649 | NS      | $9363776.07   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Haleon plc                                               | Haleon plc                                               | CUSIP: 405552100<br>LEI: 549300PSB3WWEODCUP19 | Long             | EC               | CORP              | GB        |    988127 | NS      | $9159937.29   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Melrose Industries plc                                   | Melrose Industries plc                                   | CUSIP: N/A<br>LEI: 213800RGNXXZY2M7TR85       | Long             | EC               | CORP              | GB        |    454927 | NS      | $3747713.23   | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** Franklin Value Investors Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer