# EDGAR Filing Document

**Accession Number:** 0000856119
**File Stem:** 0002071691-26-014414
**Filing Date:** 2026-6
**Character Count:** 36188
**Document Hash:** 4d33d03b5d00dfba493effb7a28c9e91
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-014414.hdr.sgml**: 20260624

**ACCESSION NUMBER**: 0002071691-26-014414

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260624

**DATE AS OF CHANGE**: 20260624

**PERIOD START**: 20261031

**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:** 261113761

**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 SMALL CAP VALUE FUND (Series ID: S000007356)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000020203 | CLASS A       | FRVLX           |
| C000020205 | CLASS C       | FRVFX           |
| C000020206 | CLASS R       | FVFRX           |
| C000020207 | ADVISOR CLASS | FVADX           |
| C000128827 | Class R6      | FRCSX           |

## 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 Small Cap Value Fund

- **b. EDGAR series identifier (if any):** S000007356

- **c. LEI of Series:** 5493008L8BP00V1G7510

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $4092386354.43

**Total Liabilities:** $3527063.40

**Net Assets:** $4088859291.03

**Cash Not Reported:** $16299598.55

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000020203 | 3.35%                | -6.52%               | 9.35%                |
| Class ID C000020205 | 3.30%                | -6.58%               | 9.28%                |
| Class ID C000020206 | 3.36%                | -6.56%               | 9.32%                |
| Class ID C000020207 | 3.38%                | -6.51%               | 9.37%                |
| Class ID C000128827 | 3.39%                | -6.50%               | 9.37%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $54622487.20             | $75788268.13                               |
| Month 2  | $25804397.07             | $-297423023.73                             |
| Month 3  | $74392365.67             | $277930937.50                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Academy Sports & Outdoors, Inc.                          | Academy Sports & Outdoors, Inc.                          | CUSIP: 00402L107<br>LEI: 529900HST589BD301M91 | Long             | EC               | CORP              | US        |    135854 | NS      | $7450233.36   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ACI Worldwide, Inc.                                      | ACI Worldwide, Inc.                                      | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | EC               | CORP              | US        |   2889857 | NS      | $124899619.54 | 3.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Aevex Corp.                                              | Aevex Corp., Class A                                     | CUSIP: 00835T107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    360126 | NS      | $10893811.50  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Bread Financial Holdings, Inc.                           | Bread Financial Holdings, Inc.                           | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |    491528 | NS      | $41671743.84  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Elementis plc                                            | Elementis plc                                            | CUSIP: N/A<br>LEI: 549300LQIH685LI2ML36       | Long             | EC               | CORP              | GB        |  39868704 | NS      | $80291981.68  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| American Woodmark Corp.                                  | American Woodmark Corp.                                  | CUSIP: 030506109<br>LEI: 5299007PFSDWMA74RB56 | Long             | EC               | CORP              | US        |    306891 | NS      | $13404998.88  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Ashland, Inc.                                            | Ashland, Inc.                                            | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |    800990 | NS      | $42660727.40  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hunting plc                                              | Hunting plc                                              | CUSIP: N/A<br>LEI: 2138008S5FL78ITZRN66       | Long             | EC               | CORP              | GB        |   9225918 | NS      | $63775173.03  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bankshares Corp.                          | Atlantic Union Bankshares Corp.                          | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1908651 | NS      | $71860710.15  | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corp.                                             | Avient Corp.                                             | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |   2074618 | NS      | $76926835.44  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Instruments plc                                   | Oxford Instruments plc                                   | CUSIP: N/A<br>LEI: 213800J364EZD6UCE231       | Long             | EC               | CORP              | GB        |   1296960 | NS      | $50933233.92  | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Benchmark Electronics, Inc.                              | Benchmark Electronics, Inc.                              | CUSIP: 08160H101<br>LEI: 549300W18RHYZOZKOP53 | Long             | EC               | CORP              | US        |   1442153 | NS      | $118328653.65 | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corp.                                        | Black Hills Corp.                                        | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |    559911 | NS      | $42155699.19  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Babcock International Group plc                          | Babcock International Group plc                          | CUSIP: N/A<br>LEI: 213800TSKOLX4EU6L377       | Long             | EC               | CORP              | GB        |   2819498 | NS      | $42476505.60  | 1.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Boyd Gaming Corp.                                        | Boyd Gaming Corp.                                        | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |    251041 | NS      | $21828014.95  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Brady Corp.                                              | Brady Corp., Class A                                     | CUSIP: 104674106<br>LEI: 549300G2LEQOFQC8GY34 | Long             | EC               | CORP              | US        |    710458 | NS      | $58129673.56  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Bruker Corp.                                             | Bruker Corp.                                             | CUSIP: 116794108<br>LEI: LEBZ6VLQ6I8XB1NHVY15 | Long             | EC               | CORP              | US        |   1523752 | NS      | $55936935.92  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Brunswick Corp.                                          | Brunswick Corp.                                          | CUSIP: 117043109<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | EC               | CORP              | US        |    609392 | NS      | $48416194.40  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO Financial Group, Inc.                                | CNO Financial Group, Inc.                                | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |   2190921 | NS      | $97386438.45  | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden National Corp.                                    | Camden National Corp.                                    | CUSIP: 133034108<br>LEI: 549300ZVEDL2L8UW4F28 | Long             | EC               | CORP              | US        |    978520 | NS      | $47135308.40  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Central BanCo, Inc.                                      | Central BanCo, Inc., Class A                             | CUSIP: 152413100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     83097 | NS      | $2245280.94   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Communities, Inc.                                | Century Communities, Inc.                                | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |    217534 | NS      | $12186254.68  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohu, Inc.                                               | Cohu, Inc.                                               | CUSIP: 192576106<br>LEI: 529900FJPORJ3JJ2XS33 | Long             | EC               | CORP              | US        |    504847 | NS      | $23904505.45  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Banking System, Inc.                            | Columbia Banking System, Inc.                            | CUSIP: 197236102<br>LEI: 254900CTRJTQZ3BJ2V17 | Long             | EC               | CORP              | US        |   3602689 | NS      | $106639594.40 | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Metals Co.                                    | Commercial Metals Co.                                    | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |   1284030 | NS      | $88546708.80  | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Crocs, Inc.                                              | Crocs, Inc.                                              | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |    313028 | NS      | $31922595.44  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Solutions, Inc.                                  | Element Solutions, Inc.                                  | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |    212679 | NS      | $9057998.61   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| EnerSys                                                  | EnerSys                                                  | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |    369205 | NS      | $78736658.30  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Envista Holdings Corp.                                   | Envista Holdings Corp.                                   | CUSIP: 29415F104<br>LEI: 549300BX623VURJZ5269 | Long             | EC               | CORP              | US        |   3499786 | NS      | $90784448.84  | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| First Bancorp                                            | First Bancorp                                            | CUSIP: 318910106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    988430 | NS      | $57071948.20  | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| First Commonwealth Financial Corp.                       | First Commonwealth Financial Corp.                       | CUSIP: 319829107<br>LEI: 549300ZHLQ42NXDETL24 | Long             | EC               | CORP              | US        |   2305266 | NS      | $42439947.06  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| First Interstate BancSystem, Inc.                        | First Interstate BancSystem, Inc., Class A               | CUSIP: 32055Y201<br>LEI: 549300WRWYTYX0RCNJ43 | Long             | EC               | CORP              | US        |   1088445 | NS      | $38628913.05  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Fortune Brands Innovations, Inc.                         | Fortune Brands Innovations, Inc.                         | CUSIP: 34964C106<br>LEI: 54930032LHW54PQUJD44 | Long             | EC               | CORP              | US        |    134883 | NS      | $5468156.82   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Gap, Inc. (The)                                          | Gap, Inc. (The)                                          | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |   1837587 | NS      | $45186264.33  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| German American Bancorp, Inc.                            | German American Bancorp, Inc.                            | CUSIP: 373865104<br>LEI: 5493002JDOI3GTNVUD76 | Long             | EC               | CORP              | US        |   1151789 | NS      | $49607552.23  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Group 1 Automotive, Inc.                                 | Group 1 Automotive, Inc.                                 | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |     44694 | NS      | $15949947.78  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanover Insurance Group, Inc. (The)                      | Hanover Insurance Group, Inc. (The)                      | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |     77127 | NS      | $14475966.63  | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Grand Vacations, Inc.                             | Hilton Grand Vacations, Inc.                             | CUSIP: 43283X105<br>LEI: 549300O9K6MFD8D07574 | Long             | EC               | CORP              | US        |    679288 | NS      | $31906157.36  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Horace Mann Educators Corp.                              | Horace Mann Educators Corp.                              | CUSIP: 440327104<br>LEI: 254900G5YAV3A2YK8T32 | Long             | EC               | CORP              | US        |   1765222 | NS      | $80211687.68  | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP, Inc.                                            | IDACORP, Inc.                                            | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |    208476 | NS      | $30800244.24  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Independence Realty Trust, Inc.                          | Independence Realty Trust, Inc.                          | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               | CORP              | US        |   2316648 | NS      | $37784528.88  | 0.92%             |  |  |  | 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        |  69296958 | NS      | $69296957.61  | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Kite Realty Group Trust                                  | Kite Realty Group Trust                                  | CUSIP: 49803T300<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1121023 | NS      | $29325961.68  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transportation Holdings, Inc.               | Knight-Swift Transportation Holdings, Inc., Class A      | CUSIP: 499049104<br>LEI: 2549007VHKP3K6E1XF67 | Long             | EC               | CORP              | US        |    510586 | NS      | $33137031.40  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| La-Z-Boy, Inc.                                           | La-Z-Boy, Inc.                                           | CUSIP: 505336107<br>LEI: 549300WNO1WMN9ZG2519 | Long             | EC               | CORP              | US        |    959965 | NS      | $33349184.10  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy, Inc.                                     | Liberty Energy, Inc., Class A                            | CUSIP: 53115L104<br>LEI: 254900PKFJW6RILDCM60 | Long             | EC               | CORP              | US        |   1313190 | NS      | $44372690.10  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Louisiana-Pacific Corp.                                  | Louisiana-Pacific Corp.                                  | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |    216704 | NS      | $15643861.76  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| M/I Homes, Inc.                                          | M/I Homes, Inc.                                          | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |     75471 | NS      | $9923681.79   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS, Inc.                                                | MKS, Inc.                                                | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |    268961 | NS      | $76317683.75  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| MSA Safety, Inc.                                         | MSA Safety, Inc.                                         | CUSIP: 553498106<br>LEI: 529900DVA3258XK11O39 | Long             | EC               | CORP              | US        |    289809 | NS      | $48221319.51  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Meritage Homes Corp.                                     | Meritage Homes Corp.                                     | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |    218213 | NS      | $14694463.42  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Water Products, Inc.                             | Mueller Water Products, Inc., Class A                    | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |   1794567 | NS      | $50050473.63  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Oceaneering International, Inc.                          | Oceaneering International, Inc.                          | CUSIP: 675232102<br>LEI: 549300L6PH74701W0R30 | Long             | EC               | CORP              | US        |    906915 | NS      | $34045589.10  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Onto Innovation, Inc.                                    | Onto Innovation, Inc.                                    | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |    134883 | NS      | $39798577.98  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Oshkosh Corp.                                            | Oshkosh Corp.                                            | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |    175293 | NS      | $27398295.90  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Patterson-UTI Energy, Inc.                               | Patterson-UTI Energy, Inc.                               | CUSIP: 703481101<br>LEI: 254900XGFBKIXD6G0697 | Long             | EC               | CORP              | US        |   2364313 | NS      | $28891904.86  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Peoples Bancorp, Inc.                                    | Peoples Bancorp, Inc.                                    | CUSIP: 709789101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    249342 | NS      | $8577364.80   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Melexis NV                                               | Melexis NV                                               | CUSIP: N/A<br>LEI: 549300QRPSGOJRPUFO80       | Long             | EC               | CORP              | BE        |    298757 | NS      | $25141768.09  | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Regal Rexnord Corp.                                      | Regal Rexnord Corp.                                      | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |    599572 | NS      | $128925967.16 | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Resideo Technologies, Inc.                               | Resideo Technologies, Inc.                               | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |    566657 | NS      | $23442600.09  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryerson Holding Corp.                                    | Ryerson Holding Corp.                                    | CUSIP: 783754104<br>LEI: 549300JMA41B3ZHOVE45 | Long             | EC               | CORP              | US        |   1777173 | NS      | $49245463.83  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Seacoast Banking Corp. of Florida                        | Seacoast Banking Corp. of Florida                        | CUSIP: 811707801<br>LEI: 549300V6IC06XYQYPG88 | Long             | EC               | CORP              | US        |   1421873 | NS      | $44746343.31  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Water Solutions, Inc.                             | Select Water Solutions, Inc., Class A                    | CUSIP: 81617J301<br>LEI: 54930094OK8LA3QDW486 | Long             | EC               | CORP              | US        |   6469010 | NS      | $108226537.30 | 2.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Selective Insurance Group, Inc.                          | Selective Insurance Group, Inc.                          | CUSIP: 816300107<br>LEI: 549300R3WGJWLE40R258 | Long             | EC               | CORP              | US        |    407620 | NS      | $34219699.00  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| SOUTHSTATE BANK Corp.                                    | SouthState Bank Corp.                                    | CUSIP: 84472E102<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |   1046832 | NS      | $102244081.44 | 2.50%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial, Inc.                                    | STAG Industrial, Inc.                                    | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |    611642 | NS      | $23597148.36  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Synaptics, Inc.                                          | Synaptics, Inc.                                          | CUSIP: 87157D109<br>LEI: 549300AJ3LI4FWNRQX29 | Long             | EC               | CORP              | US        |    120043 | NS      | $11234824.37  | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| TWFG, Inc.                                               | TWFG, Inc., Class A                                      | CUSIP: 87318A101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6521 | NS      | $121160.18    | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp.                               | Taylor Morrison Home Corp., Class A                      | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |     91737 | NS      | $5572105.38   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| TriCo Bancshares                                         | TriCo Bancshares                                         | CUSIP: 896095106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1028817 | NS      | $51718630.59  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Industries, Inc.                                     | UFP Industries, Inc.                                     | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |    472867 | NS      | $42316867.83  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries, Inc.                                 | Valmont Industries, Inc.                                 | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |    204384 | NS      | $103835247.36 | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Victory Capital Holdings, Inc.                           | Victory Capital Holdings, Inc., Class A                  | CUSIP: 92645B103<br>LEI: 549300BN5LH2CIPPHS71 | Long             | EC               | CORP              | US        |    467039 | NS      | $36667231.89  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Vontier Corp.                                            | Vontier Corp.                                            | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |   2223144 | NS      | $79766406.72  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| WSFS Financial Corp.                                     | WSFS Financial Corp.                                     | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |   1395184 | NS      | $100411392.48 | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Washington Trust Bancorp, Inc.                           | Washington Trust Bancorp, Inc.                           | CUSIP: 940610108<br>LEI: J66MZFCNJPP3PERHZW54 | Long             | EC               | CORP              | US        |    516333 | NS      | $16228346.19  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Wyndham Hotels & Resorts, Inc.                           | Wyndham Hotels & Resorts, Inc.                           | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |    205874 | NS      | $16754026.12  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| QinetiQ Group plc                                        | QinetiQ Group plc                                        | CUSIP: N/A<br>LEI: 213800S8OBDOZMCMUW34       | Long             | EC               | CORP              | GB        |   9676659 | NS      | $58640591.09  | 1.43%             |  |  |  | No            |                  2 | On Loan: No      |
| Whitecap Resources, Inc.                                 | Whitecap Resources, Inc.                                 | CUSIP: 96467A200<br>LEI: 894500UA4G4BTB67II45 | Long             | EC               | CORP              | CA        |  10623873 | NS      | $125373198.51 | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Dr. Martens plc                                          | Dr. Martens plc                                          | CUSIP: N/A<br>LEI: 213800QPT8YM6NQZPH28       | Long             | EC               | CORP              | GB        |  28142109 | NS      | $23819101.14  | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Melrose Industries plc                                   | Melrose Industries plc                                   | CUSIP: N/A<br>LEI: 213800RGNXXZY2M7TR85       | Long             | EC               | CORP              | GB        |   2735632 | NS      | $17951965.82  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| ATS Corp.                                                | ATS Corp.                                                | CUSIP: 00217Y104<br>LEI: 5493005KP4RP3IU7HQ41 | Long             | EC               | CORP              | CA        |    401228 | NS      | $13017350.43  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Rosebank Industries plc                                  | Rosebank Industries plc                                  | CUSIP: N/A<br>LEI: 2138005KFPHBAEW69F51       | Long             | EC               | CORP              | JE        |  25566187 | NS      | $128719999.16 | 3.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Dollar                                          | Canadian Dollar                                          | CUSIP: N/A<br>LEI: N/A                        | Short            | STIV             |  | CA        |        -0 | OU      | $-0.05        | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| EURO                                                     | EURO                                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | XX        |       376 | OU      | $441.60       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp. plc                               | Gates Industrial Corp. plc                               | CUSIP: N/A<br>LEI: 549300S6K4FWUSB9KM27       | Long             | EC               | CORP              | GB        |   3631164 | NS      | $92994110.04  | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Sensata Technologies Holding plc                         | Sensata Technologies Holding plc                         | CUSIP: N/A<br>LEI: 529900MS7KFYCY9MS037       | Long             | EC               | CORP              | GB        |    537910 | NS      | $22398572.40  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Signet Jewelers Ltd.                                     | Signet Jewelers Ltd.                                     | CUSIP: N/A<br>LEI: 549300N3XPGE91WV7M22       | Long             | EC               | CORP              | BM        |    139694 | NS      | $12436956.82  | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-01

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

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer