# EDGAR Filing Document

**Accession Number:** 0000912291
**File Stem:** 0002071691-26-007563
**Filing Date:** 2026-3
**Character Count:** 19704
**Document Hash:** 6125cdd45090446da2424dfb4ffb5702
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-007563.hdr.sgml**: 20260327

**ACCESSION NUMBER**: 0002071691-26-007563

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260327

**DATE AS OF CHANGE**: 20260327

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FRANKLIN REAL ESTATE SECURITIES TRUST
- **CENTRAL INDEX KEY:** 0000912291

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08034
- **FILM NUMBER:** 26805960

**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

## Series and Classes Contracts Data

### FRANKLIN REAL ESTATE SECURITIES FUND (Series ID: S000006874)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000018606 | CLASS A       | FREEX           |
| C000018608 | CLASS C       | FRRSX           |
| C000018609 | ADVISOR CLASS | FRLAX           |
| C000128754 | Class R6      | FSERX           |

## 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 Real Estate Securities Trust

- **b. Investment Company Act file number:** 811-08034

- **c. CIK number of Registrant:** 0000912291

- **d. LEI of Registrant:** 549300UEVN6WUJV43N19

- **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 Real Estate Securities Fund

- **b. EDGAR series identifier (if any):** S000006874

- **c. LEI of Series:** 549300F4DXBDO2L51J81

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $230990499.60

**Total Liabilities:** $315701.52

**Net Assets:** $230674798.08

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000018609 | 1.98%                | -2.04%               | 2.60%                |
| Class ID C000018608 | 1.96%                | -2.15%               | 2.52%                |
| Class ID C000018606 | 2.02%                | -2.10%               | 2.59%                |
| Class ID C000128754 | 2.03%                | -2.09%               | 2.65%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $359390.86               | $4170772.71                                |
| Month 2  | $305723.56               | $-6549064.69                               |
| Month 3  | $926061.33               | $4861649.65                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CBRE Group, Inc.                                         | CBRE Group, Inc., Class A                                | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |     41956 | NS      | $7146365.48   | 3.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Agree Realty Corp.                                       | Agree Realty Corp.                                       | CUSIP: 008492100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32554 | NS      | $2351375.42   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CubeSmart                                                | CubeSmart                                                | CUSIP: 229663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     84725 | NS      | $3179729.25   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties, Inc.                        | Equity LifeStyle Properties, Inc.                        | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               | CORP              | US        |     74225 | NS      | $4688793.25   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust, Inc.                               | Digital Realty Trust, Inc.                               | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               | CORP              | US        |     66926 | NS      | $11106369.70  | 4.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Camden Property Trust                                    | Camden Property Trust                                    | CUSIP: 133131102<br>LEI: 5493002MYX22OHYJBD89 | Long             | EC               | CORP              | US        |     66895 | NS      | $7294899.75   | 3.16%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                                    | American Homes 4 Rent, Class A                           | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               | CORP              | US        |    209801 | NS      | $6570967.32   | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| EastGroup Properties, Inc.                               | EastGroup Properties, Inc.                               | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               | CORP              | US        |     25470 | NS      | $4626370.80   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Simon Property Group, Inc.                               | Simon Property Group, Inc.                               | CUSIP: 828806109<br>LEI: 529900GQL5X8H7AO3T64 | Long             | EC               | CORP              | US        |     33332 | NS      | $6376744.92   | 2.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Properties Realty Trust, Inc.                  | Essential Properties Realty Trust, Inc.                  | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               | CORP              | US        |    104966 | NS      | $3186767.76   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Weyerhaeuser Co.                                         | Weyerhaeuser Co.                                         | CUSIP: 962166104<br>LEI: 08IRJODWFYBI7QWRGS31 | Long             | EC               | CORP              | US        |    142355 | NS      | $3669911.90   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp.                                    | Regency Centers Corp.                                    | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |     77333 | NS      | $5635255.71   | 2.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas, Inc.                                             | Ventas, Inc.                                             | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |     98357 | NS      | $7639388.19   | 3.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties, Inc.                                 | Cousins Properties, Inc.                                 | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |    110144 | NS      | $2780034.56   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| InvenTrust Properties Corp.                              | InvenTrust Properties Corp.                              | CUSIP: 46124J201<br>LEI: 5493006BQYSOBYVUFA03 | Long             | EC               | CORP              | US        |     65363 | NS      | $1921018.57   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Realty Income Corp.                                      | Realty Income Corp.                                      | CUSIP: 756109104<br>LEI: 549300CUWDAUZSH43859 | Long             | EC               | CORP              | US        |    182064 | NS      | $11135034.24  | 4.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Smartstop Self Storage REIT, Inc.                        | Smartstop Self Storage REIT, Inc.                        | CUSIP: 83192D402<br>LEI: 549300EC266625K12S42 | Long             | EC               | CORP              | US        |     67206 | NS      | $2112956.64   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunstone Hotel Investors, Inc.                           | Sunstone Hotel Investors, Inc.                           | CUSIP: 867892101<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EC               | CORP              | US        |    216791 | NS      | $1901257.07   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Pebblebrook Hotel Trust                                  | Pebblebrook Hotel Trust                                  | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               | CORP              | US        |    140221 | NS      | $1601323.82   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmark Group, Inc.                                      | Newmark Group, Inc., Class A                             | CUSIP: 65158N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     64331 | NS      | $1147021.73   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| First Industrial Realty Trust, Inc.                      | First Industrial Realty Trust, Inc.                      | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     79085 | NS      | $4589302.55   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| NETSTREIT Corp.                                          | NETSTREIT Corp.                                          | CUSIP: 64119V303<br>LEI: 254900CJL0EDMEQ25Q84 | Long             | EC               | CORP              | US        |    234968 | NS      | $4426797.12   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Sabra Health Care REIT, Inc.                             | Sabra Health Care REIT, Inc.                             | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               | CORP              | US        |    170689 | NS      | $3197004.97   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Independence Realty Trust, Inc.                          | Independence Realty Trust, Inc.                          | CUSIP: 45378A106<br>LEI: 549300Z3L8NU44NQEB29 | Long             | EC               | CORP              | US        |    129497 | NS      | $2162599.90   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle, Inc.                                       | Crown Castle, Inc.                                       | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |    105300 | NS      | $9141093.00   | 3.96%             |  |  |  | No            |                  1 | On Loan: No      |
| SL Green Realty Corp.                                    | SL Green Realty Corp.                                    | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               | CORP              | US        |     31296 | NS      | $1401434.88   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower, Inc.                                          | Welltower, Inc.                                          | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |    127765 | NS      | $24065815.40  | 10.43%            |  |  |  | No            |                  1 | On Loan: No      |
| AvalonBay Communities, Inc.                              | AvalonBay Communities, Inc.                              | CUSIP: 053484101<br>LEI: K9G90K85RBWD2LAGQX17 | Long             | EC               | CORP              | US        |     47348 | NS      | $8412319.16   | 3.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Terreno Realty Corp.                                     | Terreno Realty Corp.                                     | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48409 | NS      | $2979089.86   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Macerich Co. (The)                                       | Macerich Co. (The)                                       | CUSIP: 554382101<br>LEI: 529900PSWCB5KI0JYU46 | Long             | EC               | CORP              | US        |    151474 | NS      | $2867402.82   | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis, Inc.                                           | Prologis, Inc.                                           | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |    117641 | NS      | $15359208.96  | 6.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryman Hospitality Properties, Inc.                       | Ryman Hospitality Properties, Inc.                       | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |     26880 | NS      | $2545536.00   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| BXP, Inc.                                                | BXP, Inc.                                                | CUSIP: 101121101<br>LEI: 549300OF70FSEUQBT254 | Long             | EC               | CORP              | US        |     29480 | NS      | $1906471.60   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadstone Net Lease, Inc.                               | Broadstone Net Lease, Inc.                               | CUSIP: 11135E203<br>LEI: 549300U8D7PT70B49V21 | Long             | EC               | CORP              | US        |    144114 | NS      | $2667550.14   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Highwoods Properties, Inc.                               | Highwoods Properties, Inc.                               | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               | CORP              | US        |     66749 | NS      | $1725461.65   | 0.75%             |  |  |  | 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        |   1222306 | NS      | $1222306.14   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| American Healthcare REIT, Inc.                           | American Healthcare REIT, Inc.                           | CUSIP: 398182303<br>LEI: 2549004GGE2APGNT6O92 | Long             | EC               | CORP              | US        |     46787 | NS      | $2194778.17   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp.                                     | American Tower Corp.                                     | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |     57147 | NS      | $10245314.16  | 4.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group, Inc.                             | Brixmor Property Group, Inc.                             | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |    210653 | NS      | $5643393.87   | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain, Inc.                                      | Iron Mountain, Inc.                                      | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |     63258 | NS      | $5827959.54   | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage, Inc.                                | Extra Space Storage, Inc.                                | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46407 | NS      | $6402773.79   | 2.78%             |  |  |  | No            |                  1 | On Loan: No      |
| GO Residential Real Estate Investment Trust              | GO Residential Real Estate Investment Trust              | CUSIP: 36272H107<br>LEI: 254900BOSTNQM0TQXR30 | Long             | EC               | CORP              | CA        |     78439 | NS      | $841650.47    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix, Inc.                                            | Equinix, Inc.                                            | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |     18268 | NS      | $14996749.24  | 6.50%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** Franklin Real Estate Securities Trust

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer