# EDGAR Filing Document

**Accession Number:** 0000038721
**File Stem:** 0002071691-26-012260
**Filing Date:** 2026-5
**Character Count:** 40332
**Document Hash:** e29a272ea511a22f68556dfd7e5ae0ab
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-012260.hdr.sgml**: 20260527

**ACCESSION NUMBER**: 0002071691-26-012260

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260527

**DATE AS OF CHANGE**: 20260527

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Franklin Custodian Funds
- **CENTRAL INDEX KEY:** 0000038721

**ORGANIZATION NAME:**
- **EIN:** 132573775
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-00537
- **FILM NUMBER:** 261024641

**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 CUSTODIAN FUNDS
- **DATE OF NAME CHANGE:** 20080128

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN CUSTODIAN FUNDS INC
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### FRANKLIN DYNATECH FUND (Series ID: S000006754)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000018321 | Class A       | FKDNX           |
| C000018323 | Class C       | FDYNX           |
| C000066417 | Advisor Class | FDYZX           |
| C000068977 | Class R       | FDNRX           |
| C000128785 | Class R6      | FDTRX           |

## 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 Custodian Funds

- **b. Investment Company Act file number:** 811-00537

- **c. CIK number of Registrant:** 0000038721

- **d. LEI of Registrant:** 549300PYEMTLTOE2MK86

- **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 Dynatech Fund

- **b. EDGAR series identifier (if any):** S000006754

- **c. LEI of Series:** 549300ZT4KNXE58HPQ47

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2026-03-31

**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:** $24789433301.05

**Total Liabilities:** $16796480.27

**Net Assets:** $24772636820.78

**Cash Not Reported:** $64477158.39

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000018323 | -1.30%               | -5.43%               | -4.78%               |
| Class ID C000018321 | -1.24%               | -5.38%               | -4.72%               |
| Class ID C000128785 | -1.21%               | -5.35%               | -4.69%               |
| Class ID C000066417 | -1.22%               | -5.35%               | -4.70%               |
| Class ID C000068977 | -1.26%               | -5.39%               | -4.74%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $188343945.32            | $-526203623.91                             |
| Month 2  | $-128562706.37           | $-1358485321.28                            |
| Month 3  | $334218986.79            | $-1549872883.91                            |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Cadence Design Systems, Inc.                             | Cadence Design Systems, Inc.                             | CUSIP: 127387108<br>LEI: GCT7RXJOGLXPV0NXZY22 | Long             | EC               | CORP              | US        |    500000 | NS      | $138935000.00  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Lam Research Corp.                                       | Lam Research Corp.                                       | CUSIP: 512807306<br>LEI: 549300I4GMO6D34U1T02 | Long             | EC               | CORP              | US        |   2100000 | NS      | $448686000.00  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                                           | Alphabet, Inc., Class A                                  | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   6000000 | NS      | $1725360000.00 | 6.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Ionis Pharmaceuticals, Inc.                              | Ionis Pharmaceuticals, Inc.                              | CUSIP: 462222100<br>LEI: 549300SI4ZGLG0BLUZ92 | Long             | EC               | CORP              | US        |    800000 | NS      | $60072000.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co. Ltd.              | Taiwan Semiconductor Manufacturing Co. Ltd.              | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |   2000000 | NS      | $675900000.00  | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| United Therapeutics Corp.                                | United Therapeutics Corp.                                | CUSIP: 91307C102<br>LEI: 5299005C4HZL4UWROC14 | Long             | EC               | CORP              | US        |    150000 | NS      | $88947000.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Crowdstrike Holdings, Inc.                               | Crowdstrike Holdings, Inc., Class A                      | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |    200000 | NS      | $78082000.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphenol Corp.                                           | Amphenol Corp., Class A                                  | CUSIP: 032095101<br>LEI: 549300D3L3G0R4U4VT04 | Long             | EC               | CORP              | US        |   2350000 | NS      | $296922500.00  | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Robinhood Markets, Inc.                                  | Robinhood Markets, Inc., Class A                         | CUSIP: 770700102<br>LEI: 213800FS5AO3YWIE6F63 | Long             | EC               | CORP              | US        |   1500000 | NS      | $103950000.00  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| HeartFlow, Inc.                                          | HeartFlow, Inc.                                          | CUSIP: 42238D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    750000 | NS      | $18247500.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ligand Pharmaceuticals, Inc.                             | Ligand Pharmaceuticals, Inc.                             | CUSIP: 53220K504<br>LEI: 5493008K7TB0IKP37H79 | Long             | EC               | CORP              | US        |    525000 | NS      | $104816250.00  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| NVIDIA Corp.                                             | NVIDIA Corp.                                             | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |  18000000 | NS      | $3139200000.00 | 12.67%            |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                                         | Amazon.com, Inc.                                         | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |  10000000 | NS      | $2082700000.00 | 8.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Bloom Energy Corp.                                       | Bloom Energy Corp., Class A                              | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |   1700000 | NS      | $230333000.00  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Elbit Systems Ltd.                                       | Elbit Systems Ltd.                                       | CUSIP: N/A<br>LEI: 529900Q9CB1REUMZSS32       | Long             | EC               | CORP              | IL        |    110000 | NS      | $93399900.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Advantest Corp.                                          | Advantest Corp.                                          | CUSIP: N/A<br>LEI: 353800EMK32PDKS9XR54       | Long             | EC               | CORP              | JP        |    250000 | NS      | $34501667.60   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| KLA Corp.                                                | KLA Corp.                                                | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |    260000 | NS      | $382826600.00  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Jazz Pharmaceuticals plc                                 | Jazz Pharmaceuticals plc                                 | CUSIP: N/A<br>LEI: 635400GAUMJCLEZRRV50       | Long             | EC               | CORP              | IE        |    375000 | NS      | $70893750.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| TechnipFMC plc                                           | TechnipFMC plc                                           | CUSIP: N/A<br>LEI: 549300D5I93QWCJTCK36       | Long             | EC               | CORP              | GB        |   2000000 | NS      | $138260000.00  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Eli Lilly & Co.                                          | Eli Lilly & Co.                                          | CUSIP: 532457108<br>LEI: FRDRIPF3EKNDJ2CQJL29 | Long             | EC               | CORP              | US        |    300000 | NS      | $275931000.00  | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Medline, Inc.                                            | Medline, Inc., Class A                                   | CUSIP: 58507V107<br>LEI: 984500FAN6J1P8566D43 | Long             | EC               | CORP              | US        |    300000 | NS      | $13350000.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Episholdings Co. Ltd.                            | Samsung Episholdings Co. Ltd.                            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     20000 | NS      | $6791182.31    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Insmed, Inc.                                             | Insmed, Inc.                                             | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |    700000 | NS      | $114464000.00  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuit, Inc.                                             | Intuit, Inc.                                             | CUSIP: 461202103<br>LEI: VI90HBPH7XSFMB9E4M29 | Long             | EC               | CORP              | US        |     50000 | NS      | $21619000.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| GE Vernova, Inc.                                         | GE Vernova, Inc.                                         | CUSIP: 36828A101<br>LEI: 254900DP080RU6OK2553 | Long             | EC               | CORP              | US        |    275000 | NS      | $240047500.00  | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| CH Robinson Worldwide, Inc.                              | CH Robinson Worldwide, Inc.                              | CUSIP: 12541W209<br>LEI: 529900WNWN5L0OVDHA79 | Long             | EC               | CORP              | US        |     25000 | NS      | $4151750.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple, Inc.                                              | Apple, Inc.                                              | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |   4200000 | NS      | $1065918000.00 | 4.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Tarsus Pharmaceuticals, Inc.                             | Tarsus Pharmaceuticals, Inc.                             | CUSIP: 87650L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100000 | NS      | $7015000.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| DoorDash, Inc.                                           | DoorDash, Inc., Class A                                  | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |    800000 | NS      | $120120000.00  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellation Software, Inc.                             | Constellation Software, Inc.                             | CUSIP: 21037X134<br>LEI: 549300B6PYHMCTDWQV29 | Long             |  | CORP              | CA        |     50000 | NS      | $0.00          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Uber Technologies, Inc.                                  | Uber Technologies, Inc.                                  | CUSIP: 90353T100<br>LEI: 549300B2FTG34FILDR98 | Long             | EC               | CORP              | US        |    500000 | NS      | $35965000.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Argenx SE                                                | Argenx SE                                                | CUSIP: N/A<br>LEI: 7245009C5FZE6G9ODQ71       | Long             | EC               | CORP              | NL        |    200000 | NS      | $145147817.62  | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Nextpower, Inc.                                          | Nextpower, Inc., Class A                                 | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    300000 | NS      | $36165000.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Revolution Medicines, Inc.                               | Revolution Medicines, Inc.                               | CUSIP: 76155X100<br>LEI: 549300JU3X0LBCQ65892 | Long             | EC               | CORP              | US        |    250000 | NS      | $24312500.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Mastercard, Inc.                                         | Mastercard, Inc., Class A                                | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    750000 | NS      | $374745000.00  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumentum Holdings, Inc.                                  | Lumentum Holdings, Inc.                                  | CUSIP: 55024U109<br>LEI: 549300JLWRRC38DWEF52 | Long             | EC               | CORP              | US        |    100000 | NS      | $70276000.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Shopify, Inc.                                            | Shopify, Inc., Class A                                   | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |   4500000 | NS      | $533944360.58  | 2.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Tesla, Inc.                                              | Tesla, Inc.                                              | CUSIP: 88160R101<br>LEI: 54930043XZGB27CTOV49 | Long             | EC               | CORP              | US        |   1800000 | NS      | $669150000.00  | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Arista Networks, Inc.                                    | Arista Networks, Inc.                                    | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |   2000000 | NS      | $245560000.00  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Tempus AI, Inc.                                          | Tempus AI, Inc., Class A                                 | CUSIP: 88023B103<br>LEI: 2549009LA0KWRAGQBX50 | Long             | EC               | CORP              | US        |   1000000 | NS      | $45220000.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                                                 | Fabrinet                                                 | CUSIP: N/A<br>LEI: 5493004TETZ6IYF7CV44       | Long             | EC               | CORP              | KY        |    150000 | NS      | $78228000.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Teradyne, Inc.                                           | Teradyne, Inc.                                           | CUSIP: 880770102<br>LEI: C3X4YJ278QNZHRJULN75 | Long             | EC               | CORP              | US        |     25000 | NS      | $7411500.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| ASML Holding NV                                          | ASML Holding NV                                          | CUSIP: N/A<br>LEI: 724500Y6DUVHQD6OXN27       | Long             | EC               | CORP              | NL        |    120000 | NS      | $158499600.00  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Legence Corp.                                            | Legence Corp., Class A                                   | CUSIP: 52476L109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1450000 | NS      | $81867000.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Coherent Corp.                                           | Coherent Corp.                                           | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |    150000 | NS      | $35731500.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Carvana Co.                                              | Carvana Co., Class A                                     | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |    250000 | NS      | $78595000.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Vertiv Holdings Co.                                      | Vertiv Holdings Co., Class A                             | CUSIP: 92537N108<br>LEI: 549300KTTIRAOGXCRV69 | Long             | EC               | CORP              | US        |    200000 | NS      | $50116000.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Natera, Inc.                                             | Natera, Inc.                                             | CUSIP: 632307104<br>LEI: 529900CQ3OZ0A0VYVU59 | Long             | EC               | CORP              | US        |   1450000 | NS      | $289985500.00  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Axon Enterprise, Inc.                                    | Axon Enterprise, Inc.                                    | CUSIP: 05464C101<br>LEI: 549300QP2IEEGFE16681 | Long             | EC               | CORP              | US        |    600000 | NS      | $254814000.00  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Sandisk Corp.                                            | Sandisk Corp.                                            | CUSIP: 80004C200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    250000 | NS      | $158835000.00  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Tower Semiconductor Ltd.                                 | Tower Semiconductor Ltd.                                 | CUSIP: N/A<br>LEI: 54930086ZSNXZOUX0C54       | Long             | EC               | CORP              | IL        |    100000 | NS      | $17548000.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadcom, Inc.                                           | Broadcom, Inc.                                           | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |   4750000 | NS      | $1470172500.00 | 5.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Samsung Biologics Co. Ltd.                               | Samsung Biologics Co. Ltd.                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     15000 | NS      | $15372992.17   | 0.06%             |  |  |  | No            |                  2 | On Loan: No      |
| Arcutis Biotherapeutics, Inc.                            | Arcutis Biotherapeutics, Inc.                            | CUSIP: 03969K108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    400000 | NS      | $9424000.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Meta Platforms, Inc.                                     | Meta Platforms, Inc., Class A                            | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |   2000000 | NS      | $1144260000.00 | 4.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Kestra Medical Technologies Ltd.                         | Kestra Medical Technologies Ltd.                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BM        |    400000 | NS      | $7972000.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Palantir Technologies, Inc.                              | Palantir Technologies, Inc., Class A                     | CUSIP: 69608A108<br>LEI: 549300UVN46B3BBDHO85 | Long             | EC               | CORP              | US        |   1750000 | NS      | $255990000.00  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ascendis Pharma A/S                                      | Ascendis Pharma A/S                                      | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             | EC               | CORP              | DK        |   1100000 | NS      | $251603000.00  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Axsome Therapeutics, Inc.                                | Axsome Therapeutics, Inc.                                | CUSIP: 05464T104<br>LEI: 549300EXGR0XLRJEIB95 | Long             | EC               | CORP              | US        |    125000 | NS      | $21127500.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Netflix, Inc.                                            | Netflix, Inc.                                            | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |   4000000 | NS      | $384600000.00  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanta Services, Inc.                                    | Quanta Services, Inc.                                    | CUSIP: 74762E102<br>LEI: SHVRXXEACT60MMH07S24 | Long             | EC               | CORP              | US        |    280000 | NS      | $153725600.00  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Analog Devices, Inc.                                     | Analog Devices, Inc.                                     | CUSIP: 032654105<br>LEI: GYVOE5EZ4GDAVTU4CQ61 | Long             | EC               | CORP              | US        |    250000 | NS      | $79535000.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Australian Dollar                                        | Australian Dollar                                        | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | AU        |        18 | OU      | $12.25         | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Akamai Technologies, Inc.                                | Akamai Technologies, Inc.                                | CUSIP: 00971T101<br>LEI: OC1LZNN2LF5WTJ5RIL89 | Long             | EC               | CORP              | US        |    100000 | NS      | $11485000.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Micron Technology, Inc.                                  | Micron Technology, Inc.                                  | CUSIP: 595112103<br>LEI: B3DXGBC8GAIYWI2Z0172 | Long             | EC               | CORP              | US        |    125000 | NS      | $42230000.00   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| IDEXX Laboratories, Inc.                                 | IDEXX Laboratories, Inc.                                 | CUSIP: 45168D104<br>LEI: OGMTXK0LUU1HKV2P0J84 | Long             | EC               | CORP              | US        |    100000 | NS      | $56189000.00   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| AppLovin Corp.                                           | AppLovin Corp., Class A                                  | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |    800000 | NS      | $318400000.00  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ARM Holdings plc                                         | ARM Holdings plc                                         | CUSIP: 042068205<br>LEI: 2138001E66EELTE7Y904 | Long             | EC               | CORP              | GB        |    100000 | NS      | $15128000.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Symbotic, Inc.                                           | Symbotic, Inc., Class A                                  | CUSIP: 87151X101<br>LEI: 529900UN9QT55OG9I235 | Long             | EC               | CORP              | US        |    500000 | NS      | $26600000.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Forgent Power Solutions, Inc.                            | Forgent Power Solutions, Inc., Class A                   | CUSIP: 34631F102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1200000 | NS      | $35124000.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgebio Pharma, Inc.                                   | Bridgebio Pharma, Inc.                                   | CUSIP: 10806X102<br>LEI: 54930028YG89VTY2J114 | Long             | EC               | CORP              | US        |    600000 | NS      | $44556000.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Energy Industries, Inc.                         | Advanced Energy Industries, Inc.                         | CUSIP: 007973100<br>LEI: 549300756XI3QLFT2U27 | Long             | EC               | CORP              | US        |     50000 | NS      | $16135500.00   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| BeOne Medicines Ltd.                                     | BeOne Medicines Ltd.                                     | CUSIP: 07725L102<br>LEI: 549300JFUK6FRD5MH739 | Long             | EC               | CORP              | CH        |    150000 | NS      | $44545500.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Hynix, Inc.                                           | SK Hynix, Inc.                                           | CUSIP: N/A<br>LEI: 988400XAIK6XISWQV045       | Long             | EC               | CORP              | KR        |    300000 | NS      | $170209537.93  | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Rocket Lab Corp.                                         | Rocket Lab Corp.                                         | CUSIP: 773121108<br>LEI: 254900LNRW7906KUMM93 | Long             | EC               | CORP              | US        |   1400000 | NS      | $89908000.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Microsoft Corp.                                          | Microsoft Corp.                                          | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |   4500000 | NS      | $1665765000.00 | 6.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Celestica, Inc.                                          | Celestica, Inc.                                          | CUSIP: 15101Q207<br>LEI: 549300J3CG5T6RZWLN53 | Long             | EC               | CORP              | CA        |   1700000 | NS      | $478856000.00  | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Circle Internet Group, Inc.                              | Circle Internet Group, Inc., Class A                     | CUSIP: 172573107<br>LEI: 254900HFVVR6NPMQVN93 | Long             | EC               | CORP              | US        |    150000 | NS      | $14311500.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| AstraZeneca plc                                          | AstraZeneca plc                                          | CUSIP: N/A<br>LEI: PY6ZZQWO2IZFZC3IOL08       | Long             | EC               | CORP              | GB        |     50000 | NS      | $9861000.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| MercadoLibre, Inc.                                       | MercadoLibre, Inc.                                       | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |    160000 | NS      | $276643200.00  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Hinge Health, Inc.                                       | Hinge Health, Inc., Class A                              | CUSIP: 433313103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    700000 | NS      | $26992000.00   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Intuitive Surgical, Inc.                                 | Intuitive Surgical, Inc.                                 | CUSIP: 46120E602<br>LEI: 54930052SRG011710797 | Long             | EC               | CORP              | US        |    500000 | NS      | $230495000.00  | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Krystal Biotech, Inc.                                    | Krystal Biotech, Inc.                                    | CUSIP: 501147102<br>LEI: 549300YONUY68210OE41 | Long             | EC               | CORP              | US        |    150000 | NS      | $38748000.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Oceaneering International, Inc.                          | Oceaneering International, Inc.                          | CUSIP: 675232102<br>LEI: 549300L6PH74701W0R30 | Long             | EC               | CORP              | US        |    600000 | NS      | $21282000.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co.                                         | Baker Hughes Co., Class A                                | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    350000 | NS      | $21367500.00   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Booking Holdings, Inc.                                   | Booking Holdings, Inc.                                   | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |     25000 | NS      | $105258000.00  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Karman Holdings, Inc.                                    | Karman Holdings, Inc.                                    | CUSIP: 485924104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1200000 | NS      | $96060000.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| SiTime Corp.                                             | SiTime Corp.                                             | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    100000 | NS      | $34535000.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Guardant Health, Inc.                                    | Guardant Health, Inc.                                    | CUSIP: 40131M109<br>LEI: 254900M8C3E5VC8BR186 | Long             | EC               | CORP              | US        |   1750000 | NS      | $161647500.00  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Synopsys, Inc.                                           | Synopsys, Inc.                                           | CUSIP: 871607107<br>LEI: QG7T915N9S0NY5UKNE63 | Long             | EC               | CORP              | US        |    250000 | NS      | $99120000.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Visa, Inc.                                               | Visa, Inc., Class A                                      | CUSIP: 92826C839<br>LEI: 549300JZ4OKEHW3DPJ59 | Long             | EC               | CORP              | US        |   1000000 | NS      | $302240000.00  | 1.22%             |  |  |  | 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        | 211080465 | NS      | $211080464.96  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM Technologies, Inc.                                   | TTM Technologies, Inc.                                   | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |    125000 | NS      | $12177500.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions, Inc.                | Kratos Defense & Security Solutions, Inc.                | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |   2500000 | NS      | $176275000.00  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Cloudflare, Inc.                                         | Cloudflare, Inc., Class A                                | CUSIP: 18915M107<br>LEI: 5493007DY18BGNLDWU14 | Long             | EC               | CORP              | US        |   2000000 | NS      | $412680000.00  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Monolithic Power Systems, Inc.                           | Monolithic Power Systems, Inc.                           | CUSIP: 609839105<br>LEI: 529900TB7O85LSZ1XU31 | Long             | EC               | CORP              | US        |    250000 | NS      | $273337500.00  | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Palo Alto Networks, Inc.                                 | Palo Alto Networks, Inc.                                 | CUSIP: 697435105<br>LEI: 549300QXR2YVZV231H43 | Long             | EC               | CORP              | US        |    750000 | NS      | $120240000.00  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| eBay, Inc.                                               | eBay, Inc.                                               | CUSIP: 278642103<br>LEI: OML71K8X303XQONU6T67 | Long             | EC               | CORP              | US        |    100000 | NS      | $9102000.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Celestica, Inc.                                          | Celestica, Inc.                                          | CUSIP: 15101Q207<br>LEI: 549300J3CG5T6RZWLN53 | Long             | EC               | CORP              | CA        |    300000 | NS      | $84504000.00   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** Franklin Custodian Funds

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer