# EDGAR Filing Document

**Accession Number:** 0000856119
**File Stem:** 0001752724-25-153760
**Filing Date:** 2025-6
**Character Count:** 27028
**Document Hash:** 0ea005277ffa970007a81315dfffc2de
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-153760.hdr.sgml**: 20250624

**ACCESSION NUMBER**: 0001752724-25-153760

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250624

**DATE AS OF CHANGE**: 20250624

**PERIOD START**: 20251031

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05878
- **FILM NUMBER:** 251068723

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

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

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

## Series and Classes Contracts Data

### FRANKLIN MUTUAL SMALL-MID CAP VALUE FUND (Series ID: S000007354)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000020197 | ADVISOR CLASS | FVRMX           |
| C000020198 | CLASS A       | FRMCX           |
| C000128826 | Class R6      | FMCVX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Franklin Value Investors Trust

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

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

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

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

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

  - **City:** San Mateo

  - **State:** CA

  - **Foreign country:** US

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

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

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

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

- **b. EDGAR series identifier (if any):** S000007354

- **c. LEI of Series:** 5493006EVJKC1V25UM73

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

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

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $182983061.10

**Total Liabilities:** $301578.71

**Net Assets:** $182681482.39

**Cash Not Reported:** $887.09

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000128826 | -2.47%               | -6.46%               | -4.49%               |
| Class ID C000020198 | -2.50%               | -6.48%               | -4.49%               |
| Class ID C000020197 | -2.46%               | -6.45%               | -4.50%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $284387.61               | $-5893602.08                               |
| Month 2  | $1019843.58              | $-14507465.28                              |
| Month 3  | $-1143200.64             | $-7419875.59                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Crocs, Inc.                                            | Crocs, Inc.                                            | CUSIP: 227046109<br>LEI: 549300B0J6YCXD63OG72 | Long             | EC               | CORP              | US        |      6763 | NS      | $652088.46    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp.                               | SBA Communications Corp., Class A                      | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               | CORP              | US        |      3176 | NS      | $773038.40    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Missouri Bancorp, Inc.                        | Southern Missouri Bancorp, Inc.                        | CUSIP: 843380106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37548 | NS      | $1976902.20   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Babcock International Group plc                        | Babcock International Group plc                        | CUSIP: N/A<br>LEI: 213800TSKOLX4EU6L377       | Long             | EC               | CORP              | GB        |    171849 | NS      | $1851292.07   | 1.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Mueller Water Products, Inc.                           | Mueller Water Products, Inc., Class A                  | CUSIP: 624758108<br>LEI: 549300F7ZU4P1F8V8L60 | Long             | EC               | CORP              | US        |     82569 | NS      | $2166610.56   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| McGrath RentCorp                                       | McGrath RentCorp                                       | CUSIP: 580589109<br>LEI: 254900EUH6IPWFQ83445 | Long             | EC               | CORP              | US        |     32165 | NS      | $3431040.55   | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Middleby Corp. (The)                                   | Middleby Corp. (The)                                   | CUSIP: 596278101<br>LEI: JDFO86U9VQRBKW5KYA35 | Long             | EC               | CORP              | US        |     15770 | NS      | $2102929.50   | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| RXO, Inc.                                              | RXO, Inc.                                              | CUSIP: 74982T103<br>LEI: 549300KL8CA6GP8XPM30 | Long             | EC               | CORP              | US        |     41544 | NS      | $585354.96    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Knight-Swift Transportation Holdings, Inc.             | Knight-Swift Transportation Holdings, Inc., Class A    | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     57510 | NS      | $2252666.70   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics, Inc.                                   | Steel Dynamics, Inc.                                   | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |     41506 | NS      | $5383743.26   | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Controls International plc                     | Johnson Controls International plc                     | CUSIP: N/A<br>LEI: 549300XQ6S1GYKGBL205       | Long             | EC               | CORP              | IE        |     42531 | NS      | $3568350.90   | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Victory Capital Holdings, Inc.                         | Victory Capital Holdings, Inc., Class A                | CUSIP: 92645B103<br>LEI: 549300BN5LH2CIPPHS71 | Long             | EC               | CORP              | US        |     79522 | NS      | $4555815.38   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corp.                                    | Regal Rexnord Corp.                                    | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |      3137 | NS      | $332020.08    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Northeast Bank                                         | Northeast Bank                                         | CUSIP: 66405S100<br>LEI: 549300F0LV9TSW34E306 | Long             | EC               | CORP              | US        |     23926 | NS      | $1981551.32   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Dollar General Corp.                                   | Dollar General Corp.                                   | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |     24546 | NS      | $2299714.74   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Mattel, Inc.                                           | Mattel, Inc.                                           | CUSIP: 577081102<br>LEI: 549300VELLG24KHTJ564 | Long             | EC               | CORP              | US        |    226811 | NS      | $3604026.79   | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Industries, Inc.                                   | UFP Industries, Inc.                                   | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |     36527 | NS      | $3610693.95   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Chart Industries, Inc.                                 | Chart Industries, Inc.                                 | CUSIP: 16115Q308<br>LEI: EM7QGKC1GYOF3LSZSL80 | Long             | EC               | CORP              | US        |     35334 | NS      | $4769383.32   | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| First Business Financial Services, Inc.                | First Business Financial Services, Inc.                | CUSIP: 319390100<br>LEI: 549300BXKLW2T50TKU95 | Long             | EC               | CORP              | US        |     35619 | NS      | $1714698.66   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Gap, Inc. (The)                                        | Gap, Inc. (The)                                        | CUSIP: 364760108<br>LEI: T2ZG1WRWZ4BUCMQL9224 | Long             | EC               | CORP              | US        |    240205 | NS      | $5260489.50   | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO Financial Group, Inc.                              | CNO Financial Group, Inc.                              | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |     78519 | NS      | $2979010.86   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| SouthState Corp.                                       | SouthState Corp.                                       | CUSIP: 840441109<br>LEI: 549300JZUANXM0YQ4W53 | Long             | EC               | CORP              | US        |     46066 | NS      | $3997607.48   | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corp.                                              | PPL Corp.                                              | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |    100662 | NS      | $3674163.00   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ducommun, Inc.                                         | Ducommun, Inc.                                         | CUSIP: 264147109<br>LEI: 549300Z71HMWF90S2214 | Long             | EC               | CORP              | US        |     78493 | NS      | $4499218.76   | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanover Insurance Group, Inc. (The)                    | Hanover Insurance Group, Inc. (The)                    | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |     32487 | NS      | $5396090.70   | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management, Inc.                         | Apollo Global Management, Inc.                         | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |     20487 | NS      | $2796065.76   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanmina Corp.                                          | Sanmina Corp.                                          | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |     68462 | NS      | $5257196.98   | 2.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Henry Schein, Inc.                                     | Henry Schein, Inc.                                     | CUSIP: 806407102<br>LEI: VGO3WGL8H45T73F4RR92 | Long             | EC               | CORP              | US        |     67961 | NS      | $4415426.17   | 2.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Mohawk Industries, Inc.                                | Mohawk Industries, Inc.                                | CUSIP: 608190104<br>LEI: 549300JI1115MG3Q6322 | Long             | EC               | CORP              | US        |     34479 | NS      | $3666841.65   | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings, Inc.                           | Zimmer Biomet Holdings, Inc.                           | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |     43440 | NS      | $4476492.00   | 2.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrow Financial Corp.                                  | Arrow Financial Corp.                                  | CUSIP: 042744102<br>LEI: 2549007Z8GI9ZZIQ1817 | Long             | EC               | CORP              | US        |     82248 | NS      | $2017543.44   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS Instruments, Inc.                                  | MKS Instruments, Inc.                                  | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |     24127 | NS      | $1692267.78   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Metals Co.                                  | Commercial Metals Co.                                  | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |     94825 | NS      | $4223505.50   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Flex Ltd.                                              | Flex Ltd.                                              | CUSIP: N/A<br>LEI: 549300EAQH74YHD07T53       | Long             | EC               | CORP              | SG        |     34949 | NS      | $1200148.66   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| M/I Homes, Inc.                                        | M/I Homes, Inc.                                        | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |     12280 | NS      | $1310030.40   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| WillScot Holdings Corp.                                | WillScot Holdings Corp.                                | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |    162657 | NS      | $4085943.84   | 2.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ACI Worldwide, Inc.                                    | ACI Worldwide, Inc.                                    | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | EC               | CORP              | US        |     85778 | NS      | $4577114.08   | 2.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Payments, Inc.                                  | Global Payments, Inc.                                  | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |     14607 | NS      | $1114660.17   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Dick's Sporting Goods, Inc.                            | Dick's Sporting Goods, Inc.                            | CUSIP: 253393102<br>LEI: 529900SSBV5I4LWSK313 | Long             | EC               | CORP              | US        |     10546 | NS      | $1979906.04   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp. plc                             | Gates Industrial Corp. plc                             | CUSIP: N/A<br>LEI: 549300S6K4FWUSB9KM27       | Long             | EC               | CORP              | GB        |    106449 | NS      | $2014015.08   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbia Banking System, Inc.                          | Columbia Banking System, Inc.                          | CUSIP: 197236102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    165979 | NS      | $3721249.18   | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilton Grand Vacations, Inc.                           | Hilton Grand Vacations, Inc.                           | CUSIP: 43283X105<br>LEI: 549300O9K6MFD8D07574 | Long             | EC               | CORP              | US        |     60473 | NS      | $2033706.99   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferguson Enterprises, Inc.                             | Ferguson Enterprises, Inc.                             | CUSIP: 31488V107<br>LEI: 2138003JYQMRP3SLX189 | Long             | EC               | CORP              | US        |     26467 | NS      | $4490391.22   | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Boyd Gaming Corp.                                      | Boyd Gaming Corp.                                      | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |     18385 | NS      | $1271138.90   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Co.                                       | Baker Hughes Co., Class A                              | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     91832 | NS      | $3250852.80   | 1.78%             |  |  |  | No            |                  1 | On Loan: No      |
| IDACORP, Inc.                                          | IDACORP, Inc.                                          | CUSIP: 451107106<br>LEI: N134NUJDWN8UEFA8B673 | Long             | EC               | CORP              | US        |     31195 | NS      | $3683817.55   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| First Interstate BancSystem, Inc.                      | First Interstate BancSystem, Inc., Class A             | CUSIP: 32055Y201<br>LEI: 549300WRWYTYX0RCNJ43 | Long             | EC               | CORP              | US        |    143854 | NS      | $3768255.53   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Voya Financial, Inc.                                   | Voya Financial, Inc.                                   | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               | CORP              | US        |     23543 | NS      | $1393745.60   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Bread Financial Holdings, Inc.                         | Bread Financial Holdings, Inc.                         | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |     42995 | NS      | $2040112.75   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial, Inc.                                  | STAG Industrial, Inc.                                  | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |     19922 | NS      | $658023.66    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Institutional Fiduciary Trust - Money Market Portfolio | Institutional Fiduciary Trust - Money Market Portfolio | CUSIP: 457756500<br>LEI: 549300M4TP89K77LG374 | Long             | STIV             | RF                | US        |   2836920 | NS      | $2836920.34   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Charter Communications, Inc.                           | Charter Communications, Inc., Class A                  | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |      6373 | NS      | $2497323.78   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Veren, Inc.                                            | Veren, Inc.                                            | CUSIP: 92340V107<br>LEI: 549300FTKUHZK8OC7N74 | Long             | EC               | CORP              | CA        |    199773 | NS      | $1182466.04   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Bath & Body Works, Inc.                                | Bath & Body Works, Inc.                                | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |     77503 | NS      | $2364616.53   | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bankshares Corp.                        | Atlantic Union Bankshares Corp.                        | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     96289 | NS      | $2667205.30   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy, Inc.                                   | Liberty Energy, Inc., Class A                          | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    121223 | NS      | $1394064.50   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Matrix Service Co.                                     | Matrix Service Co.                                     | CUSIP: 576853105<br>LEI: 529900VYBKSX6HD2YW58 | Long             | EC               | CORP              | US        |    255873 | NS      | $2968126.80   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Avient Corp.                                           | Avient Corp.                                           | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |    132078 | NS      | $4399518.18   | 2.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens Financial Group, Inc.                         | Citizens Financial Group, Inc.                         | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |     61860 | NS      | $2282015.40   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group, Inc.                           | Brixmor Property Group, Inc.                           | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |     74059 | NS      | $1844809.69   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Cable One, Inc.                                        | Cable One, Inc.                                        | CUSIP: 12685J105<br>LEI: 549300648QS85T0XSH18 | Long             | EC               | CORP              | US        |      6457 | NS      | $1725762.39   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Envista Holdings Corp.                                 | Envista Holdings Corp.                                 | CUSIP: 29415F104<br>LEI: 549300BX623VURJZ5269 | Long             | EC               | CORP              | US        |    243402 | NS      | $3913904.16   | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries, Inc.                               | Valmont Industries, Inc.                               | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |     15504 | NS      | $4546082.88   | 2.49%             |  |  |  | No            |                  1 | On Loan: No      |
| QinetiQ Group plc                                      | QinetiQ Group plc                                      | CUSIP: N/A<br>LEI: 213800S8OBDOZMCMUW34       | Long             | EC               | CORP              | GB        |    803753 | NS      | $4230623.74   | 2.32%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-30

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

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer