# EDGAR Filing Document

**Accession Number:** 0001655589
**File Stem:** 0000940400-25-011709
**Filing Date:** 2025-11
**Character Count:** 47360
**Document Hash:** 4a2ad3bb68037b81cc9835d9a5ead581
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-011709.hdr.sgml**: 20251128

**ACCESSION NUMBER**: 0000940400-25-011709

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251128

**DATE AS OF CHANGE**: 20251128

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Franklin Templeton ETF Trust
- **CENTRAL INDEX KEY:** 0001655589

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 0331

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23124
- **FILM NUMBER:** 251535134

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

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

## Series and Classes Contracts Data

### Franklin Municipal Green Bond ETF (Series ID: S000057880)

| Class ID   | Class Name                        | Ticker Symbol   |
|:---|:---|:---|
| C000187843 | Franklin Municipal Green Bond ETF | FLMB            |

## 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 Templeton ETF Trust

- **b. Investment Company Act file number:** 811-23124

- **c. CIK number of Registrant:** 0001655589

- **d. LEI of Registrant:** 549300UHXVPT5S43XV04

- **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 Municipal Green Bond ETF

- **b. EDGAR series identifier (if any):** S000057880

- **c. LEI of Series:** 549300D0VIUWD9JJ6J30

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2025-09-30

**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:** $89921033.62

**Total Liabilities:** $22048.29

**Net Assets:** $89898985.33

**Cash Not Reported:** $141584.62

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0.00000000 | **1-Year:** 648.36761000 | **5-Year:** 9265.45858000 | **10-Year:** 50085.39140000 | **30-Year:** 1618.37769000

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

- **3-Month:** 12.74663000 | **1-Year:** 75.59782000 | **5-Year:** 10.62320000 | **10-Year:** 422.30145000 | **30-Year:** 44.87201000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000187843 | -0.74%               | 1.00%                | 3.48%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-144988.03              | $-947992.21                                |
| Month 2  | $-482327.39              | $1078812.49                                |
| Month 3  | $-16822.53               | $3102619.65                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| New York Liberty Development Corp                                                | NY LIBERTY DEV 2.5 11/36                                           | CUSIP: 649519DT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1674530.20   | 1.86%             | 2036-11-15      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT PASSENGER FAC                                                    | City of Atlanta GA Airport Passenger Facility Charge               | CUSIP: 04780TEY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2355000 | PA      | $2487379.02   | 2.77%             | 2043-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UNIV HOSPS & CLINICS AUTH WI                                                     | University of Wisconsin Hospitals & Clinics                        | CUSIP: 915260ET6<br>LEI: 549300O76DW14JGO7224 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1044018.98   | 1.16%             | 2046-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST D 5 6/26                                          | CUSIP: 57584YW88<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    420000 | PA      | $423634.55    | 0.47%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University                                                     | NTHRN ILLINOIS-C 5.5 4/49                                          | CUSIP: 665238DA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $523178.10    | 0.58%             | 2049-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE                                                     | Illinois Finance Authority                                         | CUSIP: 45204FFY6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    575000 | PA      | $576211.93    | 0.64%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R                                                   | Massachusetts Development Finance Agency                           | CUSIP: 57584X6Z9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    135000 | PA      | $116599.41    | 0.13%             | 2047-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                            | NYS HSG FIN AGY 2.6 11/34                                          | CUSIP: 64987DL93<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    100000 | PA      | $88433.83     | 0.10%             | 2034-11-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING A                                                   | California Community Choice Financing Authority                    | CUSIP: 13013JBL9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064826.10   | 1.18%             | 2053-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| INTERMOUNTAIN PWR AGY UT PWR S                                                   | Intermountain Power Agency                                         | CUSIP: 45884AB93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3078702.00   | 3.42%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HGR EDU FACS AUTH                                                   | Minnesota Health & Education Facilities Authority                  | CUSIP: 60416JFL9<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1517706.90   | 1.69%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Babcock Ranch Community Independent Special District                             | BABCOCK RANCH AREA 4 5/40                                          | CUSIP: 05616KBD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $792213.66    | 0.88%             | 2040-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST INFRASTRUCTURE &                                                   | California Infrastructure & Economic Development Bank              | CUSIP: 13034AU99<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    805000 | PA      | $739845.47    | 0.82%             | 2046-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA WTR & SWR AUT                                                   | District of Columbia Water & Sewer Authority                       | CUSIP: 254845QE3<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |    375000 | PA      | $384007.24    | 0.43%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Terrebonne Levee & Conservation District Sales Tax Revenue                       | TERREBONE LEVEE-B- 4 6/39                                          | CUSIP: 881182BT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999679.40    | 1.11%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAMPTON VA 6.5% 1/01/00                                                          | HAMPTON VA 5 9/27                                                  | CUSIP: 4095587R8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $52529.16     | 0.06%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                                  | TRANSBAY JT PWRS- 5 10/34                                          | CUSIP: 89356CAL0<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |    150000 | PA      | $155976.68    | 0.17%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALAMEDA CA CMNTY FACS DIST SPL                                                   | Alameda Community Facilities District                              | CUSIP: 010780DE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013123.40   | 1.13%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Portland ME General Airport Revenue                                      | PORTLAND-REF 4 1/35                                                | CUSIP: 736564EL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $248063.58    | 0.28%             | 2035-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST D 5 6/27                                          | CUSIP: 57584YW96<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    440000 | PA      | $445693.38    | 0.50%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Housing Finance Agency                                             | MA HSG FIN AGY 4.9 12/59                                           | CUSIP: 57586VCH4<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013119.90   | 1.13%             | 2059-12-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECON DEV CORP PRIV                                                   | Maryland Economic Development Corp                                 | CUSIP: 57422JBS6<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018332.90   | 1.13%             | 2040-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Somerset Community Development District                                          | SOMERSET CDD 4.2 5/37                                              | CUSIP: 834629AJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $196797.48    | 0.22%             | 2037-05-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                                                       | Public Finance Authority                                           | CUSIP: 74442PTF2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2330000 | PA      | $1907867.14   | 2.12%             | 2051-09-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST LIBERTY DEV CORP L                                                   | New York Liberty Development Corp                                  | CUSIP: 649519EY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $805502.60    | 0.90%             | 2043-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUB FIN AUTH-RE 4.5 12/31                                          | CUSIP: 74441XHW2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $504978.15    | 0.56%             | 2031-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                              | CA ST PUB WKS-D 4 5/44                                             | CUSIP: 13068XFF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $970667.30    | 1.08%             | 2044-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MOBILE CNTY AL LTD OBLG                                                          | County of Mobile AL                                                | CUSIP: 607341AG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $263326.50    | 0.29%             | 2045-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Three Rivers Levee Improvement Authority                                         | THREE RIVERS IMPT 4 9/27                                           | CUSIP: 88563DAN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253886.73    | 0.28%             | 2027-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PRIV CLGS & UNIVS AUTH GA                                                        | Private Colleges & Universities Authority                          | CUSIP: 74265LS58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102053.45    | 0.11%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP                                                   | New York Transportation Development Corp                           | CUSIP: 650116GQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $265192.15    | 0.29%             | 2038-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PORT OF PORTLAND OR ARPT REVEN                                                   | Port of Portland OR Airport Revenue                                | CUSIP: 7352403K7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2360710.13   | 2.63%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING A                                                   | California Community Choice Financing Authority                    | CUSIP: 13013JCM6<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3160000 | PA      | $3372925.86   | 3.75%             | 2054-01-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| SAN FRAN CA TRN 5% 8/1/32                                                        | SAN FRANCISCO BAY- 3 8/36                                          | CUSIP: 797661YX7<br>LEI: 549300Y3C3QUMLE3FY58 | Long             | DBT              | MUN               | US        |    170000 | PA      | $161037.19    | 0.18%             | 2036-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA 6% 9/1/2038                                                         | PHILADELPHIA SD-B 5 9/48                                           | CUSIP: 717883D41<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023999.60   | 1.14%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON SUBN SAN DIST MD                                                      | WASHINGTON SUBURBA 3 6/35                                          | CUSIP: 9401573Y4<br>LEI: 549300EZUWNTQF827C24 | Long             | DBT              | MUN               | US        |    100000 | PA      | $96935.84     | 0.11%             | 2035-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| American Municipal Power Inc                                                     | AMERICAN MUNI PWR- 5 2/44                                          | CUSIP: 02765MAW2<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1694932.21   | 1.89%             | 2044-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEWARK NJ MASS TRANSIT ACCESS                                                    | City of Newark NJ Mass Transit Access Tax Revenue                  | CUSIP: 650360AD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1460000 | PA      | $1618990.79   | 1.80%             | 2062-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX FLOOD CONTROL D                                                   | Harris County Flood Control District                               | CUSIP: 414019BT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1175090.64   | 1.31%             | 2047-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LA LOCAL GOVT-F 3.9 11/44                                          | CUSIP: 54628CJE3<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    405000 | PA      | $351818.88    | 0.39%             | 2044-11-01      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| Three Rivers Levee Improvement Authority                                         | THREE RIVERS IMPT 4 9/32                                           | CUSIP: 88563DAT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101874.28    | 0.11%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MET TRANSPRTN AUTH NY REVENUE                                                    | Metropolitan Transportation Authority                              | CUSIP: 59261AG43<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1510000 | PA      | $1522966.37   | 1.69%             | 2050-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hospital Facilities Authority of Multnomah County Oregon                         | MULTNOMAH CNTY OR 4 12/51                                          | CUSIP: 62551PDA2<br>LEI: 549300GAP0JIG7V33754 | Long             | DBT              | MUN               | US        |    530000 | PA      | $391891.17    | 0.44%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING A                                                   | California Community Choice Financing Authority                    | CUSIP: 13013JDD5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    995000 | PA      | $1090065.48   | 1.21%             | 2054-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Palm Beach FL Water & Sewer Revenue                                    | PALM BEACH CNTY-R 4 10/31                                          | CUSIP: 696572LS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $111078.28    | 0.12%             | 2031-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MET TRANSPRTN AUTH NY REVENUE                                                    | Metropolitan Transportation Authority                              | CUSIP: 59261AC88<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    600000 | PA      | $580443.00    | 0.65%             | 2041-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING A                                                   | California Community Choice Financing Authority                    | CUSIP: 13013JDG8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    500000 | PA      | $542395.50    | 0.60%             | 2054-11-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LA LOCAL GOVT E 4.5 11/47                                          | CUSIP: 54628CF80<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    900000 | PA      | $855169.02    | 0.95%             | 2047-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Terrebonne Levee & Conservation District Sales Tax Revenue                       | TERREBONE LEVEE-B- 4 6/40                                          | CUSIP: 881182BU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98819.64     | 0.11%             | 2040-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DT OF COLUMBIA-A 5.5 2/35                                          | CUSIP: 25483VA20<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    535000 | PA      | $606280.19    | 0.67%             | 2035-02-28      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ARKANSAS DEV FIN AUTH ENVIRONM                                                   | Arkansas Development Finance Authority                             | CUSIP: 04110FAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $279334.47    | 0.31%             | 2053-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR                                                   | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue             | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $507461.38    | 0.56%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DT OF COLUMBIA-A 5.5 8/35                                          | CUSIP: 25483VA38<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    125000 | PA      | $141616.25    | 0.16%             | 2035-08-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| University of Colorado                                                           | UNIV OF COLORADO FRN 6/51                                          | CUSIP: 91417NCZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1499571.00   | 1.67%             | 2051-06-01      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST INFRASTRUCTURE &                                                   | California Infrastructure & Economic Development Bank              | CUSIP: 13034AV23<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $893750.10    | 0.99%             | 2051-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | IL FIN AUTH 5.25 10/53                                             | CUSIP: 45203NAV1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3134822.10   | 3.49%             | 2053-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CNTY CA REGL ARPT AU                                                   | San Diego County Regional Airport Authority                        | CUSIP: 79739GNX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3332486.19   | 3.71%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV                                                   | Colorado Health Facilities Authority                               | CUSIP: 19648FYT5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.11%             | 2064-05-15      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                              | CA SCH FIN AUTH 5.75 7/42                                          | CUSIP: 130591BJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $257435.00    | 0.29%             | 2042-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS MN                                                                   | City of Minneapolis MN                                             | CUSIP: 60375BHH2<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    100000 | PA      | $87808.76     | 0.10%             | 2040-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI 4 5/39                                          | CUSIP: 13049YFL0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3445000 | PA      | $3456107.37   | 3.84%             | 2039-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                                                       | Public Finance Authority                                           | CUSIP: 74442PTG0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    600000 | PA      | $480131.04    | 0.53%             | 2056-03-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DT OF COLUMBIA-A 5.5 8/33                                          | CUSIP: 25483VZX5<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    905000 | PA      | $1022272.98   | 1.14%             | 2033-08-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Santa Cruz County Capital Financing Authority                                    | SANTA CRUZ CO 4 6/42                                               | CUSIP: 80182BAV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1485929.10   | 1.65%             | 2042-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA ENERGY AUTH                                                      | Philadelphia Energy Authority/The                                  | CUSIP: 71780UAR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1190304.60   | 1.32%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CA MUNI FIN AUTH 5 5/51                                            | CUSIP: 13049YBN0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $992721.20    | 1.10%             | 2051-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Age                                                   | California Housing Finance Agency                                  | CUSIP: 13034CAA4<br>LEI: 549300BOPCVLBA552Z14 | Long             | ABS-MBS          | MUN               | US        |     90314 | PA      | $78826.40     | 0.09%             | 2035-12-01      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA WTR & SWR AUT                                                   | District of Columbia Water & Sewer Authority                       | CUSIP: 254845QF0<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1455199.13   | 1.62%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vermont Educational & Health Buildings Financing Agency                          | VT EDU HLTH BLDG 5 12/38                                           | CUSIP: 924166JC6<br>LEI: 549300ZC1ZW1EUIIV708 | Long             | DBT              | MUN               | US        |   2015000 | PA      | $2020962.59   | 2.25%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI DEV BK SPL OBLIG                                                     | Mississippi Development Bank                                       | CUSIP: 60534XKC9<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |    400000 | PA      | $370727.00    | 0.41%             | 2036-11-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Rhode Island Housing & Mortgage Finance Corp                                     | RI HSG & MTGE 2.75 10/34                                           | CUSIP: 76221TKY4<br>LEI: 254900N9FNYNPO539444 | Long             | DBT              | MUN               | US        |    150000 | PA      | $133396.89    | 0.15%             | 2034-10-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI 5 5/37                                          | CUSIP: 13049YDT5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1549516.97   | 1.72%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Somerset Community Development District                                          | SOMERSET CDD 4 5/32                                                | CUSIP: 834629AH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $415347.56    | 0.46%             | 2032-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CNTRL VLY WTR RECLAMATION FAC                                                    | Central Valley Water Reclamation Facility                          | CUSIP: 155796BS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3090000 | PA      | $2894328.22   | 3.22%             | 2047-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA REVENUE                                                         | District of Columbia                                               | CUSIP: 25483VA61<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    845000 | PA      | $951704.15    | 1.06%             | 2037-02-28      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Perris Joint Powers Authority                                                    | PERRIS JT PWRS AUT 5 9/37                                          | CUSIP: 714376NV8<br>LEI: 549300YM04SQ63RR8P86 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101845.27    | 0.11%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Three Rivers Levee Improvement Authority                                         | THREE RIVERS IMPT 4 9/31                                           | CUSIP: 88563DAS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $205606.00    | 0.23%             | 2031-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VERMONT ST EDUCTNL & HLTH BLDG                                                   | Vermont Educational & Health Buildings Financing Agency            | CUSIP: 924166JF9<br>LEI: 549300ZC1ZW1EUIIV708 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $923747.90    | 1.03%             | 2042-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST PUBLIC WKS BRD L                                                   | California State Public Works Board                                | CUSIP: 13068XFJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1431358.50   | 1.59%             | 2047-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN MUNI PWR-OHIO INC OHR                                                   | AMERICAN MUNI PWR- 4 2/41                                          | CUSIP: 02765ULL6<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1347363.00   | 1.50%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO BRD OF W                                                   | Board of Water Commissioners City & County of Denver/The           | CUSIP: 24916PGB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $151016.82    | 0.17%             | 2047-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Housing Finance Agency                                             | MA HSG FIN AGY- 2.6 12/41                                          | CUSIP: 57587GKE4<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1526981.80   | 1.70%             | 2041-12-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| MET TRANSPRTN AUTH NY REVENUE                                                    | Metropolitan Transportation Authority                              | CUSIP: 59261AJ73<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    105000 | PA      | $115155.30    | 0.13%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CITY & CNTY CA P                                                   | City of San Francisco CA Public Utilities Commission Water Revenue | CUSIP: 79765R5H8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $91567.03     | 0.10%             | 2050-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Three Rivers Levee Improvement Authority                                         | THREE RIVERS IMPT 4 9/29                                           | CUSIP: 88563DAQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $257379.45    | 0.29%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Newark Board of Education                                                        | NEWARK BOE-REF 5 7/28                                              | CUSIP: 650370DH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    571000 | PA      | $608207.44    | 0.68%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LA LOCAL GOVT ENV 4 11/45                                          | CUSIP: 54628CZX3<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    900000 | PA      | $791022.78    | 0.88%             | 2045-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ CIVIC IMPT CORP WTR                                                   | City of Phoenix Civic Improvement Corp                             | CUSIP: 71883RQQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $372520.80    | 0.41%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING A                                                   | California Community Choice Financing Authority                    | CUSIP: 13013JDB9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3767232.70   | 4.19%             | 2054-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRL PUGET SOUND WA REGL TRA                                                   | Central Puget Sound Regional Transit Authority                     | CUSIP: 155048EG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1909401.40   | 2.12%             | 2046-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST INFRASTRUCTURE &                                                   | California Infrastructure & Economic Development Bank              | CUSIP: 13034RAU7<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    180000 | PA      | $184561.16    | 0.21%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC                                                   | Health & Educational Facilities Authority of the State of Missouri | CUSIP: 60637AFM9<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 0.33%             | 2044-06-01      | Variable      | 2.55%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECON DEV CORP PRIV                                                   | Maryland Economic Development Corp                                 | CUSIP: 57422JBY3<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2011319.40   | 2.24%             | 2047-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Housing Finance Agency                                             | MA HSG FIN AGY 2.65 12/34                                          | CUSIP: 57586N6L0<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |    100000 | PA      | $87546.08     | 0.10%             | 2034-12-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| ARKANSAS ST DEV FIN AUTH INDL                                                    | Arkansas Development Finance Authority                             | CUSIP: 04108WCE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $268811.25    | 0.30%             | 2048-07-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority                                      | NEW JERSEY ST EDUC 5 7/32                                          | CUSIP: 6460665Z9<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |    645000 | PA      | $698300.28    | 0.78%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST HLTH & EDUCTN                                                   | Massachusetts Health & Educational Facilities Authority            | CUSIP: 57586EQ87<br>LEI: 549300MV50RWQFTX5223 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.22%             | 2039-07-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-26

**Name of Applicant:** Franklin Templeton ETF Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer Controller, US Fund Administration and Oversight