# EDGAR Filing Document

**Accession Number:** 0000764624
**File Stem:** 0000940400-26-015908
**Filing Date:** 2026-5
**Character Count:** 138170
**Document Hash:** 53202421b6716012edefcbcdb77e7b76
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-015908.hdr.sgml**: 20260506

**ACCESSION NUMBER**: 0000940400-26-015908

**CONFORMED SUBMISSION TYPE**: N-CEN

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260506

**DATE AS OF CHANGE**: 20260506

**EFFECTIVENESS DATE**: 20260506

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** LEGG MASON PARTNERS INCOME TRUST
- **CENTRAL INDEX KEY:** 0000764624

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0731

**FILING VALUES:**
- **FORM TYPE:** N-CEN
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04254
- **FILM NUMBER:** 26947248

**BUSINESS ADDRESS:**
- **STREET 1:** LEGG MASON & CO., LLC
- **STREET 2:** 620 EIGHTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018
- **BUSINESS PHONE:** 1-877-721-1926

**MAIL ADDRESS:**
- **STREET 1:** LEGG MASON & CO., LLC
- **STREET 2:** 620 EIGHTH AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10018

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** LEGG MASON PARTNERS INCOME FUNDS
- **DATE OF NAME CHANGE:** 20060407

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SMITH BARNEY INCOME FUNDS
- **DATE OF NAME CHANGE:** 19941228

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SMITH BARNEY SHEARSON INCOME FUNDS
- **DATE OF NAME CHANGE:** 19931015

## Series and Classes Contracts Data

### Western Asset Short Duration Municipal Income Fund (Series ID: S000016249)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000044916 | Class A      | SHDAX           |
| C000044917 | Class C      | SHDLX           |
| C000044918 | Class I      | SMDYX           |
| C000183975 | Class IS     | SHDSX           |
| C000222209 | Class C2     | CIABX           |

### Western Asset Managed Municipals Fund (Series ID: S000016628)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000046426 | Class A      | SHMMX           |
| C000046428 | Class C      | SMMCX           |
| C000046429 | Class I      | SMMYX           |
| C000046430 | Class 1      | SMMOX           |
| C000184045 | Class IS     | SSMMX           |

### Western Asset California Municipals Fund (Series ID: S000016644)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000046487 | Class C      | SCACX           |
| C000046488 | Class I      | LMCUX           |
| C000046489 | Class A      | SHRCX           |
| C000192834 | Class IS     | SHRSX           |

## Internal

Converted from PDF <br> Report of Independent Registered Public Accounting Firm<br>To the Board of Trustees of Legg Mason Partners Income Trust and Shareholders of Western Asset California Municipals Fund, Western Asset Managed Municipals Fund, and Western Asset Short Duration Municipal Income Fund<br>In planning and performing our audits of the financial statements of Western Asset California Municipals Fund, Western Asset Managed Municipals Fund, and Western Asset Short Duration Municipal Income Fund (each a series of Legg Mason Partners Income Trust, hereinafter referred to as the "Funds") as of and for the year ended February 28, 2026, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Funds' internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Funds' internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the Funds' internal control over financial reporting.<br>The management of the Funds is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company's internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company's internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company's assets that could have a material effect on the financial statements.<br>Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.<br>A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company's annual or interim financial statements will not be prevented or detected on a timely basis.<br>Our consideration of the Funds' internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control over financial reporting that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Funds' internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be a material weakness as defined above as of February 28, 2026.<br>This report is intended solely for the information and use of the Board of Trustees of Legg Mason Partners Income Trust and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.<br>/s/PricewaterhouseCoopers LLP<br> Baltimore, Maryland<br> April 20, 2026<br>PricewaterhouseCoopers LLP<br> 100 East Pratt Street, Suite 2600<br> Baltimore, Maryland 21202-1096<br> (410) 783 7600<br> www.pwc.com/us

# Form N-CEN: Annual Report for Registered Investment Companies

## N-CEN: Filer Information
**Submission Type:** N-CEN
**CIK:** 0000764624

## N-CEN: Series/Class (Contract) Information

**Series ID Record:1**
- **Series ID:** S000016644

**Series ID Record:2**
- **Series ID:** S000016628

**Series ID Record:3**
- **Series ID:** S000016249

**Class ID Record:1**
- **Class ID:** C000046488

**Class ID Record:2**
- **Class ID:** C000046489

**Class ID Record:3**
- **Class ID:** C000046487

**Class ID Record:4**
- **Class ID:** C000192834

**Class ID Record:5**
- **Class ID:** C000046428

**Class ID Record:6**
- **Class ID:** C000046429

**Class ID Record:7**
- **Class ID:** C000046430

**Class ID Record:8**
- **Class ID:** C000046426

**Class ID Record:9**
- **Class ID:** C000184045

**Class ID Record:10**
- **Class ID:** C000044916

**Class ID Record:11**
- **Class ID:** C000222209

**Class ID Record:12**
- **Class ID:** C000044918

**Class ID Record:13**
- **Class ID:** C000183975

**Class ID Record:14**
- **Class ID:** C000044917

### N-CEN: Part A: General Information

**Item A.1.a - Report for period ending:** 2026-02-28

**Item A.1.b - Does this report cover a period of less than 12 months?:** No

## N-CEN: Part B: Information About the Registrant

- **Item B.1.a - Full name of Registrant:** Legg Mason Partners Income Trust

- **Item B.1.b - Investment Company Act file number:** 811-04254

- **Item B.1.c - CIK:** 0000764624

- **Item B.1.d - LEI:** 549300Y1U2UCLTK83X35

- **Item B.2.a - Street 1:** One Madison Avenue

- **Item B.2.a - Street 2:** 17th Floor

- **Item B.2.b - City:** New York

- **Item B.2.c - State:** NY

- **Item B.2.e - Zip Code:** 10010

- **Item B.2.f - Telephone:** 1-877-656-3863

- **Item B.2.g - Public Website:** www.franklintempleton.com

### Item B.3 - Location of books and records

**Location books Record: 1**

- **a. Name of person (e.g., a custodian of records):** Western Asset Management Company Limited

- **b. Street 1:** 10 Exchange Square

- **Street 2:** Primrose Street

- **c. City:** London

- **f. Zip code and zip code extension, or foreign postal code:** EC2A 2EN

- **g. Telephone number:** 44-20-7422-3000

- **h. Briefly describe the books and records kept at this location:** Records related to its function as sub-advisor.

**Location books Record: 2**

- **a. Name of person (e.g., a custodian of records):** The Bank of New York Mellon

- **b. Street 1:** 240 Greenwich Street

- **c. City:** New York

- **d. State, if applicable:** NY

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 10286

- **g. Telephone number:** 212-495-1784

- **h. Briefly describe the books and records kept at this location:** Records related to its function as custodian.

**Location books Record: 3**

- **a. Name of person (e.g., a custodian of records):** Western Asset Management Company Pte. Ltd.

- **b. Street 1:** 1 George Street #23-01

- **c. City:** Singapore

- **f. Zip code and zip code extension, or foreign postal code:** 049145

- **g. Telephone number:** 65-6428-3600

- **h. Briefly describe the books and records kept at this location:** Records related to its function as sub-advisor.

**Location books Record: 4**

- **a. Name of person (e.g., a custodian of records):** Franklin Templeton Investor Services, LLC

- **b. Street 1:** 3344 Quality Drive

- **c. City:** Rancho Cordova

- **d. State, if applicable:** CA

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 95670

- **g. Telephone number:** 1-916-463-2075

- **h. Briefly describe the books and records kept at this location:** Records related to its function as transfer agent.

**Location books Record: 5**

- **a. Name of person (e.g., a custodian of records):** Western Asset Management Company, LLC

- **b. Street 1:** 385 East Colorado Boulevard

- **c. City:** Pasadena

- **d. State, if applicable:** CA

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 91101

- **g. Telephone number:** 1-626-844-9400

- **h. Briefly describe the books and records kept at this location:** Records related to its function as sub-advisor.

**Location books Record: 6**

- **a. Name of person (e.g., a custodian of records):** Legg Mason Partners Income Trust

- **b. Street 1:** One Madison Avenue

- **Street 2:** 17th Floor

- **c. City:** New York

- **d. State, if applicable:** NY

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 10010

- **g. Telephone number:** 1-877-656-3863

- **h. Briefly describe the books and records kept at this location:** Records related to its function as registrant.

**Location books Record: 7**

- **a. Name of person (e.g., a custodian of records):** Western Asset Management Company Ltd.

- **b. Street 1:** 5-1 Marunouchi

- **Street 2:** 1-Chome Chiyoda-Ku

- **c. City:** Tokyo

- **f. Zip code and zip code extension, or foreign postal code:** 100-6536

- **g. Telephone number:** 81-03-4520-4300

- **h. Briefly describe the books and records kept at this location:** Records related to its function as sub-advisor.

**Location books Record: 8**

- **a. Name of person (e.g., a custodian of records):** Franklin Distributors, LLC

- **b. Street 1:** One Franklin Parkway

- **c. City:** San Mateo

- **d. State, if applicable:** CA

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 94403-1906

- **g. Telephone number:** 1-800-632-2350

- **h. Briefly describe the books and records kept at this location:** Records related to its function as distributor.

**Location books Record: 9**

- **a. Name of person (e.g., a custodian of records):** FRANKLIN TEMPLETON FUND ADVISER, LLC

- **b. Street 1:** One Madison Avenue

- **c. City:** New York

- **d. State, if applicable:** NY

- **e. Foreign country, if applicable:** US

- **f. Zip code and zip code extension, or foreign postal code:** 10010

- **g. Telephone number:** 1-800-822-5544

- **h. Briefly describe the books and records kept at this location:** Records related to its function as investment advisor.

- **Item B.4.a - Is this the first filing by the Registrant?:** No

- **Item B.4.b - Is this the last filing by the Registrant?:** No

- **Item B.5.a - Is the Registrant part of a family of investment companies?:** Yes

- **Item B.5.a.i - Full name of family of investment companies:** FRANKLIN TEMPLETON

### Item B.6 - Organization

- [x] a. Open-end management investment company registered under the Act on Form N-1A

- [ ] b. Closed-end management investment company registered under the Act on Form N-2

- [ ] c. Separate account offering variable annuity contracts which is registered under the Act as a management investment company on Form N-3

- [ ] d. Separate account offering variable annuity contracts which is registered under the Act as a unit investment trust on Form N-4

- [ ] e. Small business investment company registered under the Act on Form N-5

- [ ] f. Separate account offering variable insurance contracts which is registered under the Act as a unit investment trust on Form N-6

- [ ] g. Unit investment trust registered under the Act on Form N-8B-2

- **Item B.6.i - Total number of Series:** 18

- **Item B.7 - Is the Registrant the issuer of a class of securities registered under the Securities Act?:** Yes

### Item B.8 - Directors

| Name                     | Is Interested Person?   | Other Investment Company File Numbers                                                                                                                                                                                                                                                                                                    |
|:---|:---|:---|
| Peter J. Taylor          | No                      | 811-06310, 811-06740, 811-21403, 811-06110, 811-02351, 811-21477, 811-10603, 811-10407, 811-04052                                                                                                                                                                                                                                        |
| Jane Trust               | Yes                     | 811-06740, 811-23930, 811-21403, 811-05497, 811-07920, 811-08709, 811-06506, 811-06310, 811-02351, 811-22444, 811-10407, 811-24075, 811-21467, 811-22294, 811-21343, 811-22491, 811-23408, 811-06444, 811-10603, 811-22369, 811-06629, 811-04052, 811-06110, 811-21477, 811-22338, 811-22334, 811-22546, 811-23598, 811-21337, 811-21128 |
| Michael Larson           | No                      | 811-02351, 811-06110, 811-04052, 811-06740, 811-10407, 811-21477, 811-21403, 811-06310, 811-10603                                                                                                                                                                                                                                        |
| Susan B. Kerley          | No                      | 811-10407, 811-06310, 811-04550, 811-03833-01, 811-21403, 811-22321, 811-21477, 811-10603, 811-02351, 811-06110, 811-06740, 811-04052, 811-22551                                                                                                                                                                                         |
| Robert Abeles, Jr.       | No                      | 811-06110, 811-02351, 811-10407, 811-04052, 811-21477, 811-21403, 811-06740, 811-06310, 811-10603                                                                                                                                                                                                                                        |
| Avedick B. Poladian      | No                      | 811-06110, 811-04052, 811-21403, 811-10407, 811-21477, 811-02351, 811-06310, 811-10603, 811-06740                                                                                                                                                                                                                                        |
| William E. B. Siart      | No                      | 811-21477, 811-10603, 811-02351, 811-04052, 811-10407, 811-06740, 811-21403, 811-06310, 811-06110                                                                                                                                                                                                                                        |
| Ronald L. Olson          | Yes                     | 811-06310, 811-10603, 811-21477, 811-06110, 811-02351, 811-10407, 811-06740, 811-04052, 811-21403                                                                                                                                                                                                                                        |
| Jane F. Dasher           | No                      | 811-10603, 811-06740, 811-21403, 811-06110, 811-02351, 811-06310, 811-21477, 811-10407, 811-04052                                                                                                                                                                                                                                        |
| Jaynie Miller Studenmund | No                      | 811-10407, 811-06740, 811-06310, 811-10603, 811-04052, 811-02351, 811-21403, 811-06110, 811-21477                                                                                                                                                                                                                                        |
| Anita L. DeFrantz        | No                      | 811-02351, 811-06310, 811-10603, 811-21477, 811-06740, 811-10407, 811-21403, 811-06110, 811-04052                                                                                                                                                                                                                                        |

### Item B.9. Chief compliance officer.

**Chief compliance officer Record: 1**

- **a. Full Name:** Ted P. Becker

- **b. CRD Number, if any:** N/A

- **c. Street Address 1:** One Madison Avenue

- **   Street Address 2:** 17th Floor

- **d. City:** New York

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Zip code:** 10010

- **h. Telephone number:** XXXXXX

- **i. Has the chief compliance officer changed since the last filing?:** No

If the chief compliance officer is compensated or employed by any person other than the Registrant, provide:

**CCO employer Record: 1**

- **i. Name of the person:** —

- **ii. Person’s IRS Employer Identification Number:** —

### Item B.10. Matters for security holder vote.

- **Were any matters submitted by the Registrant for its security holders’ vote during the reporting period?** No

- **Item B.11.a - Have there been any material legal proceedings?:** No

- **Item B.11.b - Has any proceeding previously reported been terminated?:** No

- **Item B.12.a - Were any claims with respect to the Registrant filed under a fidelity bond?:** No

- **Item B.13.a - Are the Registrant's officers or directors covered under any insurance policy?:** Yes

- **Item B.13.a.i - If yes, were any claims filed under the policy during the reporting period?:** No

- **Item B.14 - Did an affiliated person provide any form of financial support to the Registrant?:** No

- **Item B.15.a.i - Release numbers:**
  - IC-19023

### Item B.16. Principal underwriters.

**Principal underwriter Record: 1**

- **i. Full name:** Franklin Distributors, LLC

- **ii. SEC file number:** 008-53089

- **iii. CRD number:** 000109064

- **iv. LEI, if any:** N/A

- **v. State, if applicable:** CA

- **vi. Foreign country, if applicable:** US

- **vii. Is the principal underwriter an affiliated person...?:** Yes

- **b. Have any principal underwriters been hired or terminated during the reporting period?** No

### Item B.17. Independent public accountant.

**Public accountant Record: 1**

- **a. Full Name:** PricewaterhouseCoopers LLP

- **b. PCAOB Number:** 238

- **c. LEI, if any:** 5493002GVO7EO8RNNS37

- **d. State, if applicable:** MD

- **e. Foreign country, if applicable:** US

- **f. Has the independent public accountant changed since the last filing?** No

- **Item B.18 - Did an independent public accountant's report on internal control note any material weaknesses?:** No

- **Item B.19 - Did an independent public accountant issue an opinion other than an unqualified opinion?:** No

- **Item B.20 - Have there been material changes in the method of valuation?:** No

- **Item B.21 - Have there been any changes in accounting principles or practices?:** No

- **Item B.22.a - Were any payments made to shareholders as a result of an error in calculating NAV?:** No

- **Item B.23 - Did the Registrant pay any dividend or make any distribution required to be accompanied by a written statement?:** No

## Part C: Additional Questions for Management Investment Companies

### Management Investment Record: 1 - Western Asset California Municipals Fund

**Item C.1. Background information.**

- **a. Full Name of the Fund:** Western Asset California Municipals Fund

- **b. Series identification number, if any:** S000016644

- **c. LEI:** 549300VXOBFLWFTR6436

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 5

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class   | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | Class I                 | C000046488                                | LMCUX                        |
|                           2 | Class A                 | C000046489                                | SHRCX                        |
|                           3 | Class C                 | C000046487                                | SCACX                        |
|                           4 | Class IS                | C000192834                                | SHRSX                        |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [ ] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [x] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** Yes

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** No

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** —

- **g. Provide the net income from securities lending activities:** —

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

- Rule 22d-1 (17 CFR 270.22d-1)

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 17a-7 (17 CFR 270.17a-7)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** Yes

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** FRANKLIN TEMPLETON FUND ADVISER, LLC

- **ii. SEC file number:** 801-66785

- **iii. CRD number:** 000140432

- **iv. LEI, if any:** 549300POFVK5JLWUL193

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.9.b. Sub-advisers.**

**Sub-adviser Record: 1**

- **i. Full name:** Western Asset Management Company, LLC

- **ii. SEC file number:** 801-08162

- **iii. CRD number:** 000110441

- **iv. LEI, if any:** 549300C5A561UXUICN46

- **v. Is the sub-adviser an affiliated person?:** Yes

- **vii. Was the sub-adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** Franklin Templeton Investor Services, LLC

- **ii. SEC file number:** 084-01036

- **iii. LEI, if any:** N/A

- **iv. State, if applicable:** CA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** PricingDirect Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300WIC0TOJ7N7GD54

- **iii. State, if applicable:** DE

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** ICE Data Pricing & Reference Data, LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 5493000NQ9LYLDBCTL34

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** S&P Global Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** Y6X4K52KMJMZE7I7MY94

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** Bank of America Merill Lynch PriceServe

- **ii. LEI, if any, or provide and describe other identifying number:** N/A

- **iii. State, if applicable:** DE

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 5**

- **i. Full name:** Bloomberg L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300B56MD0ZC402L06

- **iii. State, if applicable:** DE

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 6**

- **i. Full name:** LSEG US FIN CORP.

- **ii. LEI, if any, or provide and describe other identifying number:** 2138007FV67QQ13CGJ43

- **iii. State, if applicable:** DE

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** The Bank of New York Mellon

- **ii. LEI, if any:** HPFHU0OQ28E4N0NFVK49

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

**Shareholder Servicing Agents Record: 1**

- **i. Full name:** Franklin Templeton Investor Services, LLC

- **ii. LEI, if any:** N/A

- **iii. State, if applicable:** CA

- **iv. Foreign country, if applicable:** US

- **v. Is the shareholder servicing agent an affiliated person?:** Yes

- **vi. Is the shareholder servicing agent a sub-shareholder servicing agent?:** No

- **b. Has a shareholder servicing agent been hired or terminated during the reporting period?** No

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** FRANKLIN TEMPLETON FUND ADVISER, LLC

- **ii. LEI, if any, or other identifying number:** 549300POFVK5JLWUL193

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** ROYCE FUND SERVICES, LLC

- **b. SEC file number:** 008-28663

- **c. CRD number:** 000014470

- **d. LEI, if any:** N/A

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** Franklin Distributors, LLC

- **b. SEC file number:** 008-53089

- **c. CRD number:** 000109064

- **d. LEI, if any:** N/A

- **e. State, if applicable:** CA

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 3**

- **a. Full name:** Clarion Partners Securities, LLC

- **b. SEC file number:** 008-69204

- **c. CRD number:** 000166384

- **d. LEI, if any:** N/A

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** MORGAN STANLEY & CO. LLC

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $103.80

**Aggregate Commission:** $103.80

**Item C.17.a. Principal transaction counterparties.**

| Name                       | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| Wedbush Securities Inc.    | 008-12987         |    000000877 | 549300CSX55MXZ47EI78 | CA      | US        | $1,629,616.00             |
| Academy Securities, Inc.   | 008-35173         |    000017433 | 2549000QX6RLQOZ2XC11 | NY      | US        | $2,299,581.18             |
| BARCLAYS CAPITAL, INC.     | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $1,999,873.98             |
| PERSHING LLC               | 008-17574         |    000007560 | ZI8Q1A8EI8LQFJNM0D94 | NJ      | US        | $13,179,100.00            |
| J.P. Morgan Securities LLC | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $40,602,618.42            |
| GOLDMAN SACHS & CO. LLC    | 008-00129         |    000000361 | FOR8UP27PHTHYVLBNG30 | NY      | US        | $4,148,508.00             |
| MORGAN STANLEY & CO. LLC   | 008-15869         |    000008209 | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $8,943,440.00             |
| TD SECURITIES (USA) LLC    | 008-36747         |    000018476 | SUVUFHICNZMP2WKHG940 | NY      | US        | $10,350,000.00            |
| Wells Fargo Securities LLC | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $15,378,966.85            |
| BOFA SECURITIES, INC.      | 008-69787         |    000283942 | 549300HN4UKV1E2R3U73 | NY      | US        | $9,588,229.72             |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $111,119,386.45

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $205,529,700.00

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $2,995,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** UMB BANK, N.A.

  - **Line Institutions Record: 2 Name of institution:** WELLS FARGO BANK, NATIONAL ASSOCIATION

  - **Line Institutions Record: 3 Name of institution:** GOLDMAN SACHS BANK USA

  - **Line Institutions Record: 4 Name of institution:** BANK OF AMERICA, N.A.

  - **Line Institutions Record: 5 Name of institution:** DEUTSCHE BANK AG

  - **Line Institutions Record: 6 Name of institution:** STANDARD CHARTERED BANK

  - **Line Institutions Record: 7 Name of institution:** THE BANK OF NEW YORK MELLON

  - **Line Institutions Record: 8 Name of institution:** MORGAN STANLEY BANK, N.A.

  - **Line Institutions Record: 9 Name of institution:** BANCO BILBAO VIZCAYA ARGENTARIA, S.A.

  - **Line Institutions Record: 10 Name of institution:** THE TORONTO-DOMINION BANK

  - **Line Institutions Record: 11 Name of institution:** BARCLAYS BANK PLC

  - **Line Institutions Record: 12 Name of institution:** MANUFACTURERS AND TRADERS TRUST COMPANY

  - **Line Institutions Record: 13 Name of institution:** THE BANK OF NOVA SCOTIA

  - **Line Institutions Record: 14 Name of institution:** JPMORGAN CHASE BANK, N.A.

  - **Line Institutions Record: 15 Name of institution:** CITIBANK, N.A.

  - **Line Institutions Record: 16 Name of institution:** ROYAL BANK OF CANADA

  - **Line Institutions Record: 17 Name of institution:** HSBC BANK USA, N.A.

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                           | SEC File number   |
|:---|:---|
| Putnam VT Small Cap Growth Fund                                        | 811-05346         |
| Putnam VT International Value Fund                                     | 811-05346         |
| Templeton Global Bond Fund                                             | 811-04706         |
| Franklin Templeton Moderate Model Portfolio                            | 811-21128         |
| Franklin Michigan Tax-Free Income Fund                                 | 811-04149         |
| Franklin LifeSmart? 2025 Retirement Target Fund                        | 811-07851         |
| Putnam VT Global Asset Allocation Fund                                 | 811-05346         |
| Franklin Growth Fund                                                   | 811-00537         |
| Putnam Global Health Care Fund                                         | 811-03386         |
| BrandywineGLOBAL - Multi-Sector Opportunities Fund                     | 811-22338         |
| Franklin Small-Mid Cap Growth Fund                                     | 811-06243         |
| Franklin Oregon Tax-Free Income Fund                                   | 811-04149         |
| ClearBridge Tactical Dividend Income Fund                              | 811-06444         |
| Franklin Templeton Conservative Model Portfolio                        | 811-21128         |
| Putnam Global Technology Fund                                          | 811-07513         |
| Franklin Multi-Asset Variable Conservative Growth Fund                 | 811-21128         |
| Franklin Federal Tax-Free Income Fund                                  | 811-03395         |
| Franklin Real Estate Securities Fund                                   | 811-08034         |
| BrandywineGLOBAL - Corporate Credit Fund                               | 811-06444         |
| Franklin Mutual Small-Mid Cap Value Fund                               | 811-05878         |
| Putnam VT High Yield Fund                                              | 811-05346         |
| Western Asset Short-Term Bond Fund                                     | 811-04254         |
| Western Asset Intermediate Maturity New York Municipals Fund           | 811-04254         |
| Franklin Managed Income fund                                           | 811-04986         |
| Franklin Mutual Global Discovery VIP Fund                              | 811-05583         |
| ClearBridge Mid Cap Fund                                               | 811-06444         |
| ClearBridge International Growth Fund                                  | 811-22338         |
| Templeton Developing Markets Trust                                     | 811-06378         |
| Franklin Louisiana Tax-Free Income Fund                                | 811-04149         |
| Franklin High Income Fund                                              | 811-01608         |
| Franklin Utilities Fund                                                | 811-00537         |
| Franklin LifeSmart? 2060 Retirement Target Fund                        | 811-07851         |
| Templeton Global Dynamic Income Fund                                   | 811-08226         |
| ClearBridge Variable Small Cap Growth Portfolio                        | 811-21128         |
| Putnam Core Equity Fund (f/k/a Putnam Multi-Cap Core Fund)             | 811-07513         |
| Putnam Small Cap Growth Fund                                           | 811-07513         |
| Western Asset Intermediate Maturity California Municipals Fund         | 811-04254         |
| ClearBridge Large Cap Growth Fund                                      | 811-06444         |
| Franklin Templeton SMACS: Series C                                     | 811-06243         |
| Western Asset Bond ETF                                                 | 811-23124         |
| Western Asset Municipal High Income Fund                               | 811-04254         |
| Franklin International Equity Fund                                     | 811-22338         |
| Franklin Mutual International Value Fund                               | 811-05387         |
| Putnam Core Bond Fund (f/k/a Putnam Fixed Income Absolute Return Fund) | 811-07513         |
| Franklin U.S. Small Cap Equity Fund                                    | 811-22338         |
| Putnam Sustainable Leaders Fund                                        | 811-06128         |
| Franklin Mutual Shares VIP Fund                                        | 811-05583         |
| Franklin California Tax-Free Income Fund                               | 811-02790         |
| ClearBridge Variable Large Cap Value Portfolio                         | 811-21128         |
| Franklin Long Duration Credit Fund                                     | 811-04986         |
| Western Asset Inflation Indexed Plus Bond Fund                         | 811-06110         |
| Putnam VT Focused International Equity Fund                            | 811-05346         |
| Putnam Ultra Short Duration Income Fund                                | 811-07513         |
| Foreign Smaller Companies Series                                       | 811-06135         |
| Franklin Multi-Asset Growth Fund                                       | 811-06444         |
| Putnam Dynamic Asset Allocation Balanced Fund                          | 811-07121         |
| Franklin Mutual Global Discovery Fund                                  | 811-05387         |
| Putnam Multi-Asset Income Fund                                         | 811-07121         |
| Franklin New Jersey Tax-Free Income Fund                               | 811-04149         |
| Franklin Global Equity Fund                                            | 811-06444         |
| ClearBridge Variable Mid Cap Portfolio                                 | 811-21128         |
| Western Asset Short Duration High Income Fund                          | 811-04254         |
| Templeton Emerging Markets Small Cap Fund                              | 811-08226         |
| Franklin Templeton Moderately Aggressive Model Portfolio               | 811-21128         |
| Templeton Growth VIP Fund                                              | 811-05583         |
| Franklin Templeton SMACS: Series H                                     | 811-06243         |
| Franklin Templeton Aggressive Model Portfolio                          | 811-21128         |
| Putnam VT Global Health Care Fund                                      | 811-05346         |
| ClearBridge Sustainability Leaders Fund                                | 811-06444         |
| Franklin Templeton SMACS: Series I                                     | 811-06243         |
| Putnam VT Sustainable Leaders Fund                                     | 811-05346         |
| ClearBridge Growth Fund                                                | 811-06444         |
| Franklin Multi-Asset Variable Growth Fund                              | 811-21128         |
| Franklin Connecticut Tax-Free Income Fund                              | 811-04149         |
| Franklin Core Plus Bond Fund                                           | 811-06243         |
| Western Asset Managed Municipals Fund                                  | 811-04254         |
| BrandywineGLOBAL - Global Opportunities Bond Fund                      | 811-22338         |
| Franklin Growth and Income VIP Fund                                    | 811-05583         |
| Franklin Rising Dividends VIP Fund                                     | 811-05583         |
| Western Asset Short Duration Municipal Income Fund                     | 811-04254         |
| ClearBridge Mid Cap Growth Fund                                        | 811-06444         |
| Western Asset Intermediate Bond Fund                                   | 811-06110         |
| Western Asset Corporate Bond Fund                                      | 811-04254         |
| Franklin U.S. Large Cap Equity Fund                                    | 811-06444         |
| Western Asset Oregon Municipals Fund                                   | 811-04254         |
| Putnam Short-Term Municipal Income Fund                                | 811-07513         |
| Putnam Ultra Short MAC Series                                          | 811-07513         |
| Putnam International Small Cap Fund                                    | 811-07237         |
| Franklin Conservative Allocation Fund                                  | 811-07851         |
| Western Asset Variable Global High Yield Bond Portfolio                | 811-06310         |
| Putnam Dynamic Asset Allocation Conservative Fund                      | 811-07121         |
| Putnam Dynamic Asset Allocation Equity Fund                            | 811-07513         |
| ClearBridge Dividend Strategy Fund                                     | 811-06444         |
| Templeton Foreign Fund                                                 | 811-02781         |
| International Equity Series                                            | 811-06135         |
| Franklin LifeSmart? 2045 Retirement Target Fund                        | 811-07851         |
| Franklin S&P 500 Index Fund                                            | 811-06444         |
| Franklin Moderate Allocation Fund                                      | 811-07851         |
| Putnam International Equity Fund                                       | 811-06190         |
| Franklin Allocation VIP Fund                                           | 811-05583         |
| Templeton Growth Fund, Inc.                                            | 811-04892         |
| Franklin Maryland Tax-Free Income Fund                                 | 811-04149         |
| Franklin Strategic Income VIP Fund                                     | 811-05583         |
| Templeton Developing Markets VIP Fund                                  | 811-05583         |
| Franklin Multi-Asset Variable Moderate Growth Fund                     | 811-21128         |
| Franklin Small Cap Value VIP Fund                                      | 811-05583         |
| Western Asset Core Plus VIT Portfolio                                  | 811-06310         |
| Franklin DynaTech VIP Fund                                             | 811-05583         |
| Putnam High Yield Fund                                                 | 811-04616         |
| Franklin Global Allocation Fund                                        | 811-07851         |
| Franklin Emerging Market Debt Opportunities Fund                       | 811-10157         |
| Putnam VT Diversified Income Fund                                      | 811-05346         |
| Franklin LifeSmart? 2035 Retirement Target Fund                        | 811-07851         |
| Franklin Templeton SMACS: Series CP                                    | 811-06243         |
| Franklin Templeton SMACS: Series EM                                    | 811-08226         |
| Franklin Mutual Quest Fund                                             | 811-05387         |
| Franklin Templeton SMACS: Series CH                                    | 811-06243         |
| Putnam Focused International Equity Fund                               | 811-01403         |
| Franklin Federal Limited-Term Tax-Free Income Fund                     | 811-04149         |
| Franklin High Yield Tax-Free Income Fund                               | 811-04149         |
| Putnam VT International Equity Fund                                    | 811-05346         |
| Putnam VT Mortgage Securities Fund                                     | 811-05346         |
| Franklin Senior Loan ETF                                               | 811-23124         |
| Franklin International Growth Fund                                     | 811-10157         |
| Franklin Mutual Shares Fund                                            | 811-05387         |
| Franklin Low Duration Total Return Fund                                | 811-04986         |
| Putnam VT Large Cap Growth Fund                                        | 811-05346         |
| ClearBridge Appreciation Fund                                          | 811-06444         |
| Franklin Floating Rate Daily Access Fund                               | 811-04986         |
| Franklin Mutual Beacon Fund                                            | 811-05387         |
| Franklin Income VIP Fund                                               | 811-05583         |
| ClearBridge International Value Fund                                   | 811-06444         |
| Putnam VT Income Fund                                                  | 811-05346         |
| Franklin Small Cap Value Fund                                          | 811-05878         |
| Franklin Small Cap Growth Fund                                         | 811-06243         |
| Putnam VT Sustainable Future Fund                                      | 811-05346         |
| Franklin Corefolio Allocation Fund                                     | 811-07851         |
| Franklin Federal Intermediate-Term Tax-Free Income Fund                | 811-04149         |
| Franklin Rising Dividends Fund                                         | 811-04894         |
| Franklin Mutual U.S. Mid Cap Value Fund                                | 811-05878         |
| Franklin Alabama Tax-Free Income Fund                                  | 811-04149         |
| ClearBridge Select Fund                                                | 811-06444         |
| Putnam Global Income Trust                                             | 811-04524         |
| Franklin Growth Allocation Fund                                        | 811-07851         |
| BrandywineGLOBAL - High Yield Fund                                     | 811-06444         |
| ClearBridge Variable Growth Portfolio                                  | 811-21128         |
| Western Asset High Yield Fund                                          | 811-06110         |
| Franklin Arizona Tax-Free Income Fund                                  | 811-04149         |
| Franklin Growth Opportunities Fund                                     | 811-06243         |
| Franklin BSP CLO ETF                                                   | 811-23124         |
| Western Asset Ultra-Short Income Fund                                  | 811-04254         |
| Franklin Low Duration U.S. Government Securities Fund                  | 811-04986         |
| Western Asset Income Fund                                              | 811-04254         |
| Franklin U.S. Government Securities Fund                               | 811-00537         |
| Franklin High Yield Corporate ETF                                      | 811-23124         |
| Franklin Total Return Fund                                             | 811-04986         |
| Putnam International Value Fund                                        | 811-07513         |
| Western Asset Long Credit VIT                                          | 811-06310         |
| Western Asset Total Return Unconstrained Fund                          | 811-06110         |
| ClearBridge Variable Dividend Strategy Portfolio                       | 811-21128         |
| Franklin Virginia Tax-Free Income Fund                                 | 811-04149         |
| ClearBridge Large Cap Value Fund                                       | 811-06444         |
| Western Asset SMASh Series Core Plus Completion Fund                   | 811-06740         |
| BrandywineGLOBAL - Diversified US Large Cap Value Fund                 | 811-22338         |
| Franklin Multi-Asset Conservative Growth Fund                          | 811-06444         |
| Putnam VT Emerging Markets Equity Fund                                 | 811-05346         |
| ClearBridge Value Fund                                                 | 811-22338         |
| Franklin Gold and Precious Metals Fund                                 | 811-01700         |
| Franklin Convertible Securities Fund                                   | 811-04986         |
| ClearBridge Small Cap Growth Fund                                      | 811-06444         |
| Franklin Missouri Tax-Free Income Fund                                 | 811-04149         |
| ClearBridge Variable Appreciation Portfolio                            | 811-21128         |
| Franklin Georgia Tax-Free Income Fund                                  | 811-04149         |
| BrandywineGLOBAL - Flexible Bond Fund                                  | 811-22338         |
| Franklin LifeSmart Retirement Income Fund                              | 811-07851         |
| Franklin Colorado Tax-Free Income Fund                                 | 811-04149         |
| Franklin Ohio Tax-Free Income Fund                                     | 811-04149         |
| Western Asset SMASh Series TF Fund                                     | 811-06740         |
| Franklin New York Intermediate-Term Tax-Free Income Fund               | 811-04787         |
| Western Asset Massachusetts Municipals Fund                            | 811-04254         |
| Putnam VT Research Fund                                                | 811-05346         |
| Franklin California Intermediate-Term Tax-Free Income Fund             | 811-04356         |
| ClearBridge SMASh Series EM Fund                                       | 811-22338         |
| Templeton Global Total Return Fund                                     | 811-04706         |
| Putnam Mortgage Opportunities Fund                                     | 811-07513         |
| Putnam Large Cap Growth Fund                                           | 811-07237         |
| Franklin Pennsylvania Tax-Free Income Fund                             | 811-04149         |
| Templeton Global Bond VIP Fund                                         | 811-05583         |
| Putnam Focused Equity Fund                                             | 811-07513         |
| Franklin Global Real Estate VIP Fund                                   | 811-05583         |
| Putnam U.S. Research Fund                                              | 811-07237         |
| Franklin LifeSmart? 2055 Retirement Target Fund                        | 811-07851         |
| Putnam Floating Rate Income Fund                                       | 811-07513         |
| Putnam VT Core Equity Fund                                             | 811-05346         |
| Putnam VT Large Cap Value Fund                                         | 811-05346         |
| Putnam Large Cap Value Fund                                            | 811-02742         |
| Putnam VT Small Cap Value Fund                                         | 811-05346         |
| Franklin Floating Rate Master Series                                   | 811-09869         |
| Putnam Convertible Securities Fund                                     | 811-02280         |
| Putnam Diversified Income Trust                                        | 811-05635         |
| Franklin LifeSmart? 2040 Retirement Target Fund                        | 811-07851         |
| ClearBridge Small Cap Fund                                             | 811-22338         |
| Western Asset SMASh Series M Fund                                      | 811-06740         |
| ClearBridge Emerging Markets Fund                                      | 811-22338         |
| Putnam Sustainable Future Fund                                         | 811-07237         |
| Templeton Global Smaller Companies Fund                                | 811-03143         |
| Templeton Foreign VIP Fund                                             | 811-05583         |
| ClearBridge Global Infrastructure Income Fund                          | 811-22338         |
| Franklin Income Fund                                                   | 811-00537         |
| George Putnam Balanced Fund                                            | 811-00058         |
| Western Asset SMASh Series C Fund                                      | 811-06740         |
| Franklin North Carolina Tax-Free Income Fund                           | 811-04149         |
| Western Asset Core Plus Bond Fund                                      | 811-06110         |
| Western Asset Pennsylvania Municipals Fund                             | 811-04254         |
| Franklin California High Yield Municipal Fund                          | 811-06481         |
| Western Asset Core Bond Fund                                           | 811-06110         |
| Western Asset Mortgage Total Return Fund                               | 811-04254         |
| Western Asset New York Municipals Fund                                 | 811-04254         |
| Franklin Multi-Asset Moderate Growth Fund                              | 811-06444         |
| Putnam Income Fund                                                     | 811-00653         |
| Putnam Emerging Markets Equity Fund                                    | 811-07513         |
| Franklin LifeSmart? 2050 Retirement Target Fund                        | 811-07851         |
| Franklin Biotechnology Discovery Fund                                  | 811-06243         |
| Franklin Alternative Strategies Fund                                   | 811-22641         |
| Templeton World Fund                                                   | 811-02781         |
| Franklin Massachusetts Tax-Free Income Fund                            | 811-04149         |
| Franklin LifeSmart? 2030 Retirement Target Fund                        | 811-07851         |
| Franklin DynaTech Fund                                                 | 811-00537         |
| Putnam VT George Putnam Balanced Fund                                  | 811-05346         |
| Franklin LifeSmart? 2020 Retirement Target Fund                        | 811-07851         |
| Putnam Small Cap Value Fund                                            | 811-07237         |
| Putnam Mortgage Securities Fund                                        | 811-03897         |
| Franklin Small-Mid Cap Growth VIP Fund                                 | 811-05583         |
| Franklin Multi-Asset Defensive Growth Fund                             | 811-06444         |
| Franklin Large Cap Growth VIP Fund                                     | 811-05583         |
| Western Asset SMASh Series Core Completion Fund                        | 811-06740         |
| Templeton Sustainable Emerging Markets Bond Fund                       | 811-04706         |
| Franklin Natural Resources Fund                                        | 811-06243         |
| Franklin Templeton SMACS: Series E                                     | 811-06243         |
| Franklin New York Tax-Free Income Fund                                 | 811-03479         |
| Western Asset Intermediate-Term Municipals Fund                        | 811-04254         |
| Putnam Dynamic Asset Allocation Growth Fund                            | 811-07121         |
| Franklin Equity Income Fund                                            | 811-04986         |
| Franklin U.S. Government Securities VIP Fund                           | 811-05583         |
| Franklin Templeton Moderately Conservative Model Portfolio             | 811-21128         |
| Western Asset New Jersey Municipals Fund                               | 811-04254         |
| Franklin Minnesota Tax-Free Income Fund                                | 811-04149         |
| ClearBridge Variable Large Cap Growth Portfolio                        | 811-21128         |
| Putnam Short Duration Bond Fund                                        | 811-07513         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

**Item C.21. Swing pricing.**

- **a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?** No

### Management Investment Record: 2 - Western Asset Managed Municipals Fund

**Item C.1. Background information.**

- **a. Full Name of the Fund:** Western Asset Managed Municipals Fund

- **b. Series identification number, if any:** S000016628

- **c. LEI:** 5493003ADJT3VWCXBJ73

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 6

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class   | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | Class C                 | C000046428                                | SMMCX                        |
|                           2 | Class I                 | C000046429                                | SMMYX                        |
|                           3 | Class 1                 | C000046430                                | SMMOX                        |
|                           4 | Class A                 | C000046426                                | SHMMX                        |
|                           5 | Class IS                | C000184045                                | SSMMX                        |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [ ] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [x] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** No

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** No

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** —

- **g. Provide the net income from securities lending activities:** —

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 17a-7 (17 CFR 270.17a-7)

- Rule 22d-1 (17 CFR 270.22d-1)

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** Yes

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** FRANKLIN TEMPLETON FUND ADVISER, LLC

- **ii. SEC file number:** 801-66785

- **iii. CRD number:** 000140432

- **iv. LEI, if any:** 549300POFVK5JLWUL193

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.9.b. Sub-advisers.**

**Sub-adviser Record: 1**

- **i. Full name:** Western Asset Management Company, LLC

- **ii. SEC file number:** 801-08162

- **iii. CRD number:** 000110441

- **iv. LEI, if any:** 549300C5A561UXUICN46

- **v. Is the sub-adviser an affiliated person?:** Yes

- **vii. Was the sub-adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** Franklin Templeton Investor Services, LLC

- **ii. SEC file number:** 084-01036

- **iii. LEI, if any:** N/A

- **iv. State, if applicable:** CA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** ICE Data Pricing & Reference Data, LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 5493000NQ9LYLDBCTL34

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** S&P Global Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** Y6X4K52KMJMZE7I7MY94

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** LSEG US FIN CORP.

- **ii. LEI, if any, or provide and describe other identifying number:** 2138007FV67QQ13CGJ43

- **iii. State, if applicable:** DE

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** PricingDirect Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300WIC0TOJ7N7GD54

- **iii. State, if applicable:** DE

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 5**

- **i. Full name:** Bank of America Merill Lynch PriceServe

- **ii. LEI, if any, or provide and describe other identifying number:** N/A

- **iii. State, if applicable:** DE

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 6**

- **i. Full name:** Bloomberg L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300B56MD0ZC402L06

- **iii. State, if applicable:** DE

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** The Bank of New York Mellon

- **ii. LEI, if any:** HPFHU0OQ28E4N0NFVK49

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

**Shareholder Servicing Agents Record: 1**

- **i. Full name:** Franklin Templeton Investor Services, LLC

- **ii. LEI, if any:** N/A

- **iii. State, if applicable:** CA

- **iv. Foreign country, if applicable:** US

- **v. Is the shareholder servicing agent an affiliated person?:** Yes

- **vi. Is the shareholder servicing agent a sub-shareholder servicing agent?:** No

- **b. Has a shareholder servicing agent been hired or terminated during the reporting period?** No

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** FRANKLIN TEMPLETON FUND ADVISER, LLC

- **ii. LEI, if any, or other identifying number:** 549300POFVK5JLWUL193

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** ROYCE FUND SERVICES, LLC

- **b. SEC file number:** 008-28663

- **c. CRD number:** 000014470

- **d. LEI, if any:** N/A

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** Franklin Distributors, LLC

- **b. SEC file number:** 008-53089

- **c. CRD number:** 000109064

- **d. LEI, if any:** N/A

- **e. State, if applicable:** CA

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 3**

- **a. Full name:** Clarion Partners Securities, LLC

- **b. SEC file number:** 008-69204

- **c. CRD number:** 000166384

- **d. LEI, if any:** N/A

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

**a. For each of the ten brokers that received the largest dollar amount of brokerage commissions...**

**Brokers Record: 1**

- **i. Full name of broker:** MORGAN STANLEY & CO. LLC

- **ii. SEC file number:** 008-15869

- **iii. CRD number:** 000008209

- **iv. LEI, if any:** 9R7GPTSO7KV3UQJZQ078

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Gross commissions paid by the Fund for the reporting period:** $1,339.02

**Aggregate Commission:** $1,339.02

**Item C.17.a. Principal transaction counterparties.**

| Name                        | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| RBC CAPITAL MARKETS, LLC    | 008-45411         |    000031194 | 549300LCO2FLSSVFFR64 | NY      | US        | $77,931,536.75            |
| MORGAN STANLEY & CO. LLC    | 008-15869         |    000008209 | 9R7GPTSO7KV3UQJZQ078 | NY      | US        | $113,996,968.95           |
| GOLDMAN SACHS & CO. LLC     | 008-00129         |    000000361 | FOR8UP27PHTHYVLBNG30 | NY      | US        | $36,153,217.00            |
| Academy Securities, Inc.    | 008-35173         |    000017433 | 2549000QX6RLQOZ2XC11 | NY      | US        | $157,063,989.46           |
| PERSHING LLC                | 008-17574         |    000007560 | ZI8Q1A8EI8LQFJNM0D94 | NJ      | US        | $84,851,389.45            |
| J.P. Morgan Securities LLC  | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $204,370,595.58           |
| WELLS FARGO SECURITIES, LLC | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $314,993,828.45           |
| BOFA SECURITIES, INC.       | 008-69787         |    000283942 | 549300HN4UKV1E2R3U73 | NY      | US        | $112,067,244.27           |
| JEFFERIES LLC               | 008-15074         |    000002347 | 58PU97L1C0WSRCWADL48 | NY      | US        | $32,624,038.75            |
| TD SECURITIES (USA) LLC     | 008-36747         |    000018476 | SUVUFHICNZMP2WKHG940 | NY      | US        | $270,568,771.80           |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $1,569,752,200.54

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $2,609,281,636.70

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $2,995,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** MANUFACTURERS AND TRADERS TRUST COMPANY

  - **Line Institutions Record: 2 Name of institution:** THE BANK OF NEW YORK MELLON

  - **Line Institutions Record: 3 Name of institution:** HSBC BANK USA, N.A.

  - **Line Institutions Record: 4 Name of institution:** BARCLAYS BANK PLC

  - **Line Institutions Record: 5 Name of institution:** MORGAN STANLEY BANK, N.A.

  - **Line Institutions Record: 6 Name of institution:** WELLS FARGO BANK, NATIONAL ASSOCIATION

  - **Line Institutions Record: 7 Name of institution:** THE BANK OF NOVA SCOTIA

  - **Line Institutions Record: 8 Name of institution:** STANDARD CHARTERED BANK

  - **Line Institutions Record: 9 Name of institution:** DEUTSCHE BANK AG

  - **Line Institutions Record: 10 Name of institution:** THE TORONTO-DOMINION BANK

  - **Line Institutions Record: 11 Name of institution:** UMB BANK, N.A.

  - **Line Institutions Record: 12 Name of institution:** ROYAL BANK OF CANADA

  - **Line Institutions Record: 13 Name of institution:** BANCO BILBAO VIZCAYA ARGENTARIA, S.A.

  - **Line Institutions Record: 14 Name of institution:** CITIBANK, N.A.

  - **Line Institutions Record: 15 Name of institution:** GOLDMAN SACHS BANK USA

  - **Line Institutions Record: 16 Name of institution:** BANK OF AMERICA, N.A.

  - **Line Institutions Record: 17 Name of institution:** JPMORGAN CHASE BANK, N.A.

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                           | SEC File number   |
|:---|:---|
| ClearBridge International Growth Fund                                  | 811-22338         |
| Franklin Templeton Aggressive Model Portfolio                          | 811-21128         |
| Franklin Low Duration Total Return Fund                                | 811-04986         |
| Franklin Templeton SMACS: Series E                                     | 811-06243         |
| Franklin Growth and Income VIP Fund                                    | 811-05583         |
| Western Asset Municipal High Income Fund                               | 811-04254         |
| Franklin Allocation VIP Fund                                           | 811-05583         |
| Putnam VT International Equity Fund                                    | 811-05346         |
| Franklin Global Equity Fund                                            | 811-06444         |
| Templeton Emerging Markets Small Cap Fund                              | 811-08226         |
| Western Asset SMASh Series TF Fund                                     | 811-06740         |
| Franklin Small Cap Value VIP Fund                                      | 811-05583         |
| Franklin Templeton SMACS: Series I                                     | 811-06243         |
| Putnam VT Mortgage Securities Fund                                     | 811-05346         |
| BrandywineGLOBAL - Corporate Credit Fund                               | 811-06444         |
| Franklin Mutual Global Discovery Fund                                  | 811-05387         |
| Franklin DynaTech Fund                                                 | 811-00537         |
| ClearBridge Appreciation Fund                                          | 811-06444         |
| Putnam High Yield Fund                                                 | 811-04616         |
| Putnam VT Small Cap Value Fund                                         | 811-05346         |
| Franklin Rising Dividends Fund                                         | 811-04894         |
| Franklin Arizona Tax-Free Income Fund                                  | 811-04149         |
| Franklin Multi-Asset Growth Fund                                       | 811-06444         |
| Western Asset Income Fund                                              | 811-04254         |
| ClearBridge SMASh Series EM Fund                                       | 811-22338         |
| Franklin Emerging Market Debt Opportunities Fund                       | 811-10157         |
| Putnam VT George Putnam Balanced Fund                                  | 811-05346         |
| Western Asset SMASh Series M Fund                                      | 811-06740         |
| Franklin Real Estate Securities Fund                                   | 811-08034         |
| Franklin High Yield Tax-Free Income Fund                               | 811-04149         |
| Putnam Multi-Asset Income Fund                                         | 811-07121         |
| Franklin Gold and Precious Metals Fund                                 | 811-01700         |
| Templeton Growth Fund, Inc.                                            | 811-04892         |
| Putnam Small Cap Growth Fund                                           | 811-07513         |
| Western Asset New Jersey Municipals Fund                               | 811-04254         |
| Franklin Templeton Conservative Model Portfolio                        | 811-21128         |
| Templeton Foreign Fund                                                 | 811-02781         |
| Franklin Alabama Tax-Free Income Fund                                  | 811-04149         |
| ClearBridge Dividend Strategy Fund                                     | 811-06444         |
| Franklin Managed Income fund                                           | 811-04986         |
| Franklin Templeton SMACS: Series CP                                    | 811-06243         |
| Putnam Ultra Short MAC Series                                          | 811-07513         |
| Franklin LifeSmart? 2025 Retirement Target Fund                        | 811-07851         |
| Franklin Small-Mid Cap Growth VIP Fund                                 | 811-05583         |
| Putnam Large Cap Growth Fund                                           | 811-07237         |
| ClearBridge Large Cap Growth Fund                                      | 811-06444         |
| International Equity Series                                            | 811-06135         |
| Western Asset New York Municipals Fund                                 | 811-04254         |
| Western Asset Short Duration High Income Fund                          | 811-04254         |
| Putnam VT Income Fund                                                  | 811-05346         |
| Franklin Mutual International Value Fund                               | 811-05387         |
| Franklin Corefolio Allocation Fund                                     | 811-07851         |
| Franklin Multi-Asset Conservative Growth Fund                          | 811-06444         |
| ClearBridge Emerging Markets Fund                                      | 811-22338         |
| Franklin Core Plus Bond Fund                                           | 811-06243         |
| Franklin Templeton Moderately Conservative Model Portfolio             | 811-21128         |
| Putnam VT Large Cap Value Fund                                         | 811-05346         |
| ClearBridge Global Infrastructure Income Fund                          | 811-22338         |
| BrandywineGLOBAL - Global Opportunities Bond Fund                      | 811-22338         |
| ClearBridge Small Cap Growth Fund                                      | 811-06444         |
| Franklin California Intermediate-Term Tax-Free Income Fund             | 811-04356         |
| Franklin LifeSmart? 2055 Retirement Target Fund                        | 811-07851         |
| Franklin Templeton SMACS: Series CH                                    | 811-06243         |
| Franklin Biotechnology Discovery Fund                                  | 811-06243         |
| Western Asset High Yield Fund                                          | 811-06110         |
| Franklin Mutual Global Discovery VIP Fund                              | 811-05583         |
| Western Asset Intermediate Bond Fund                                   | 811-06110         |
| Franklin LifeSmart? 2050 Retirement Target Fund                        | 811-07851         |
| Franklin Floating Rate Daily Access Fund                               | 811-04986         |
| Franklin Ohio Tax-Free Income Fund                                     | 811-04149         |
| Putnam Global Income Trust                                             | 811-04524         |
| Franklin LifeSmart? 2020 Retirement Target Fund                        | 811-07851         |
| Franklin Templeton SMACS: Series C                                     | 811-06243         |
| Franklin Mutual U.S. Mid Cap Value Fund                                | 811-05878         |
| Western Asset Bond ETF                                                 | 811-23124         |
| Franklin Multi-Asset Variable Moderate Growth Fund                     | 811-21128         |
| Franklin Small Cap Growth Fund                                         | 811-06243         |
| Franklin Mutual Shares VIP Fund                                        | 811-05583         |
| Franklin California High Yield Municipal Fund                          | 811-06481         |
| Putnam Core Bond Fund (f/k/a Putnam Fixed Income Absolute Return Fund) | 811-07513         |
| Putnam Small Cap Value Fund                                            | 811-07237         |
| Franklin Alternative Strategies Fund                                   | 811-22641         |
| Western Asset Short-Term Bond Fund                                     | 811-04254         |
| Franklin Natural Resources Fund                                        | 811-06243         |
| Western Asset Intermediate Maturity New York Municipals Fund           | 811-04254         |
| Franklin LifeSmart Retirement Income Fund                              | 811-07851         |
| ClearBridge Sustainability Leaders Fund                                | 811-06444         |
| Franklin DynaTech VIP Fund                                             | 811-05583         |
| Western Asset Intermediate Maturity California Municipals Fund         | 811-04254         |
| Franklin Connecticut Tax-Free Income Fund                              | 811-04149         |
| Franklin Strategic Income VIP Fund                                     | 811-05583         |
| Franklin Louisiana Tax-Free Income Fund                                | 811-04149         |
| Putnam Ultra Short Duration Income Fund                                | 811-07513         |
| Putnam International Equity Fund                                       | 811-06190         |
| Western Asset Core Plus Bond Fund                                      | 811-06110         |
| Putnam VT Global Health Care Fund                                      | 811-05346         |
| Franklin Mutual Beacon Fund                                            | 811-05387         |
| Franklin Minnesota Tax-Free Income Fund                                | 811-04149         |
| Franklin Growth Opportunities Fund                                     | 811-06243         |
| Franklin Large Cap Growth VIP Fund                                     | 811-05583         |
| Western Asset Total Return Unconstrained Fund                          | 811-06110         |
| Western Asset Short Duration Municipal Income Fund                     | 811-04254         |
| Franklin Convertible Securities Fund                                   | 811-04986         |
| Franklin Oregon Tax-Free Income Fund                                   | 811-04149         |
| Templeton Global Bond VIP Fund                                         | 811-05583         |
| Franklin Maryland Tax-Free Income Fund                                 | 811-04149         |
| Franklin North Carolina Tax-Free Income Fund                           | 811-04149         |
| Putnam Dynamic Asset Allocation Conservative Fund                      | 811-07121         |
| Franklin Small-Mid Cap Growth Fund                                     | 811-06243         |
| Western Asset Long Credit VIT                                          | 811-06310         |
| Franklin Multi-Asset Moderate Growth Fund                              | 811-06444         |
| Templeton Growth VIP Fund                                              | 811-05583         |
| Franklin Equity Income Fund                                            | 811-04986         |
| Franklin LifeSmart? 2035 Retirement Target Fund                        | 811-07851         |
| ClearBridge Small Cap Fund                                             | 811-22338         |
| Franklin Multi-Asset Variable Conservative Growth Fund                 | 811-21128         |
| Franklin BSP CLO ETF                                                   | 811-23124         |
| Franklin U.S. Small Cap Equity Fund                                    | 811-22338         |
| Franklin Growth Fund                                                   | 811-00537         |
| BrandywineGLOBAL - Flexible Bond Fund                                  | 811-22338         |
| Western Asset Core Bond Fund                                           | 811-06110         |
| Franklin U.S. Government Securities Fund                               | 811-00537         |
| Franklin Rising Dividends VIP Fund                                     | 811-05583         |
| Western Asset SMASh Series Core Plus Completion Fund                   | 811-06740         |
| Putnam Global Technology Fund                                          | 811-07513         |
| Franklin Multi-Asset Variable Growth Fund                              | 811-21128         |
| Franklin Small Cap Value Fund                                          | 811-05878         |
| Franklin U.S. Government Securities VIP Fund                           | 811-05583         |
| Templeton Global Total Return Fund                                     | 811-04706         |
| Putnam Income Fund                                                     | 811-00653         |
| Putnam Sustainable Future Fund                                         | 811-07237         |
| Western Asset SMASh Series C Fund                                      | 811-06740         |
| Franklin New York Intermediate-Term Tax-Free Income Fund               | 811-04787         |
| Franklin Global Allocation Fund                                        | 811-07851         |
| Franklin International Growth Fund                                     | 811-10157         |
| Putnam VT Sustainable Leaders Fund                                     | 811-05346         |
| Franklin Mutual Quest Fund                                             | 811-05387         |
| Putnam Diversified Income Trust                                        | 811-05635         |
| BrandywineGLOBAL - Multi-Sector Opportunities Fund                     | 811-22338         |
| ClearBridge Large Cap Value Fund                                       | 811-06444         |
| Putnam Focused International Equity Fund                               | 811-01403         |
| Putnam Core Equity Fund (f/k/a Putnam Multi-Cap Core Fund)             | 811-07513         |
| Franklin U.S. Large Cap Equity Fund                                    | 811-06444         |
| Franklin LifeSmart? 2060 Retirement Target Fund                        | 811-07851         |
| Franklin High Income Fund                                              | 811-01608         |
| Franklin Federal Limited-Term Tax-Free Income Fund                     | 811-04149         |
| Franklin Global Real Estate VIP Fund                                   | 811-05583         |
| Templeton Sustainable Emerging Markets Bond Fund                       | 811-04706         |
| Putnam Global Health Care Fund                                         | 811-03386         |
| Western Asset Variable Global High Yield Bond Portfolio                | 811-06310         |
| Putnam VT Global Asset Allocation Fund                                 | 811-05346         |
| Franklin Income VIP Fund                                               | 811-05583         |
| Templeton Developing Markets VIP Fund                                  | 811-05583         |
| Putnam Dynamic Asset Allocation Equity Fund                            | 811-07513         |
| Franklin Templeton SMACS: Series H                                     | 811-06243         |
| Franklin Utilities Fund                                                | 811-00537         |
| Putnam Mortgage Opportunities Fund                                     | 811-07513         |
| Franklin Virginia Tax-Free Income Fund                                 | 811-04149         |
| BrandywineGLOBAL - Diversified US Large Cap Value Fund                 | 811-22338         |
| Putnam Dynamic Asset Allocation Growth Fund                            | 811-07121         |
| Putnam VT Small Cap Growth Fund                                        | 811-05346         |
| Foreign Smaller Companies Series                                       | 811-06135         |
| Western Asset California Municipals Fund                               | 811-04254         |
| ClearBridge Mid Cap Fund                                               | 811-06444         |
| Franklin LifeSmart? 2030 Retirement Target Fund                        | 811-07851         |
| Franklin California Tax-Free Income Fund                               | 811-02790         |
| Franklin LifeSmart? 2040 Retirement Target Fund                        | 811-07851         |
| Putnam Convertible Securities Fund                                     | 811-02280         |
| Franklin New York Tax-Free Income Fund                                 | 811-03479         |
| Western Asset Core Plus VIT Portfolio                                  | 811-06310         |
| Putnam Floating Rate Income Fund                                       | 811-07513         |
| Franklin Federal Tax-Free Income Fund                                  | 811-03395         |
| Putnam VT Focused International Equity Fund                            | 811-05346         |
| Western Asset Ultra-Short Income Fund                                  | 811-04254         |
| Putnam Sustainable Leaders Fund                                        | 811-06128         |
| Western Asset Corporate Bond Fund                                      | 811-04254         |
| Franklin International Equity Fund                                     | 811-22338         |
| Western Asset SMASh Series Core Completion Fund                        | 811-06740         |
| ClearBridge Tactical Dividend Income Fund                              | 811-06444         |
| Templeton Foreign VIP Fund                                             | 811-05583         |
| Franklin Senior Loan ETF                                               | 811-23124         |
| Putnam VT International Value Fund                                     | 811-05346         |
| Templeton Global Smaller Companies Fund                                | 811-03143         |
| BrandywineGLOBAL - High Yield Fund                                     | 811-06444         |
| ClearBridge Variable Dividend Strategy Portfolio                       | 811-21128         |
| Western Asset Intermediate-Term Municipals Fund                        | 811-04254         |
| Franklin Pennsylvania Tax-Free Income Fund                             | 811-04149         |
| Templeton Developing Markets Trust                                     | 811-06378         |
| Putnam VT Emerging Markets Equity Fund                                 | 811-05346         |
| ClearBridge Variable Appreciation Portfolio                            | 811-21128         |
| Putnam Emerging Markets Equity Fund                                    | 811-07513         |
| Franklin S&P 500 Index Fund                                            | 811-06444         |
| Western Asset Pennsylvania Municipals Fund                             | 811-04254         |
| Putnam International Small Cap Fund                                    | 811-07237         |
| Putnam U.S. Research Fund                                              | 811-07237         |
| Franklin Long Duration Credit Fund                                     | 811-04986         |
| Putnam VT Research Fund                                                | 811-05346         |
| Franklin Low Duration U.S. Government Securities Fund                  | 811-04986         |
| ClearBridge Mid Cap Growth Fund                                        | 811-06444         |
| ClearBridge Variable Large Cap Growth Portfolio                        | 811-21128         |
| Putnam VT Large Cap Growth Fund                                        | 811-05346         |
| Franklin Floating Rate Master Series                                   | 811-09869         |
| Putnam Mortgage Securities Fund                                        | 811-03897         |
| Putnam Short Duration Bond Fund                                        | 811-07513         |
| Franklin Templeton SMACS: Series EM                                    | 811-08226         |
| Franklin Templeton Moderately Aggressive Model Portfolio               | 811-21128         |
| Franklin Income Fund                                                   | 811-00537         |
| Franklin Mutual Small-Mid Cap Value Fund                               | 811-05878         |
| Templeton World Fund                                                   | 811-02781         |
| Western Asset Inflation Indexed Plus Bond Fund                         | 811-06110         |
| Putnam Dynamic Asset Allocation Balanced Fund                          | 811-07121         |
| ClearBridge Variable Growth Portfolio                                  | 811-21128         |
| Franklin High Yield Corporate ETF                                      | 811-23124         |
| ClearBridge Value Fund                                                 | 811-22338         |
| Franklin Moderate Allocation Fund                                      | 811-07851         |
| Templeton Global Bond Fund                                             | 811-04706         |
| Western Asset Oregon Municipals Fund                                   | 811-04254         |
| Franklin Michigan Tax-Free Income Fund                                 | 811-04149         |
| Putnam VT Sustainable Future Fund                                      | 811-05346         |
| ClearBridge Variable Small Cap Growth Portfolio                        | 811-21128         |
| Putnam International Value Fund                                        | 811-07513         |
| Franklin New Jersey Tax-Free Income Fund                               | 811-04149         |
| Franklin Conservative Allocation Fund                                  | 811-07851         |
| Franklin Multi-Asset Defensive Growth Fund                             | 811-06444         |
| Franklin Colorado Tax-Free Income Fund                                 | 811-04149         |
| Putnam VT High Yield Fund                                              | 811-05346         |
| Putnam VT Diversified Income Fund                                      | 811-05346         |
| Putnam Short-Term Municipal Income Fund                                | 811-07513         |
| ClearBridge Variable Mid Cap Portfolio                                 | 811-21128         |
| ClearBridge Growth Fund                                                | 811-06444         |
| Franklin LifeSmart? 2045 Retirement Target Fund                        | 811-07851         |
| Western Asset Mortgage Total Return Fund                               | 811-04254         |
| ClearBridge Variable Large Cap Value Portfolio                         | 811-21128         |
| Putnam VT Core Equity Fund                                             | 811-05346         |
| Franklin Mutual Shares Fund                                            | 811-05387         |
| ClearBridge International Value Fund                                   | 811-06444         |
| ClearBridge Select Fund                                                | 811-06444         |
| Templeton Global Dynamic Income Fund                                   | 811-08226         |
| George Putnam Balanced Fund                                            | 811-00058         |
| Putnam Large Cap Value Fund                                            | 811-02742         |
| Franklin Federal Intermediate-Term Tax-Free Income Fund                | 811-04149         |
| Franklin Georgia Tax-Free Income Fund                                  | 811-04149         |
| Franklin Missouri Tax-Free Income Fund                                 | 811-04149         |
| Putnam Focused Equity Fund                                             | 811-07513         |
| Franklin Growth Allocation Fund                                        | 811-07851         |
| Western Asset Massachusetts Municipals Fund                            | 811-04254         |
| Franklin Templeton Moderate Model Portfolio                            | 811-21128         |
| Franklin Total Return Fund                                             | 811-04986         |
| Franklin Massachusetts Tax-Free Income Fund                            | 811-04149         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

**Item C.21. Swing pricing.**

- **a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?** No

### Management Investment Record: 3 - Western Asset Short Duration Municipal Income Fund

**Item C.1. Background information.**

- **a. Full Name of the Fund:** Western Asset Short Duration Municipal Income Fund

- **b. Series identification number, if any:** S000016249

- **c. LEI:** 549300TYCEXVVJWI4402

- **d. Is this the first filing on this form by the Fund?:** No

**Item C.2. Classes of open-end management investment companies.**

- **a. How many Classes of shares of the Fund (if any) are authorized?:** 6

- **b. How many new Classes of shares of the Fund were added during the reporting period?:** 0

- **c. How many Classes of shares of the Fund were terminated during the reporting period?:** 0

**d. For each Class with shares outstanding, provide the information requested below:**

|   Shares Outstanding Record | i. Full name of Class   | ii. Class identification number, if any   | iii. Ticker symbol, if any   |
|---:|:---|:---|:---|
|                           1 | Class A                 | C000044916                                | SHDAX                        |
|                           2 | Class C2                | C000222209                                | CIABX                        |
|                           3 | Class I                 | C000044918                                | SMDYX                        |
|                           4 | Class IS                | C000183975                                | SHDSX                        |
|                           5 | Class C                 | C000044917                                | SHDLX                        |

**Item C.3. Type of fund.**

- [ ] Exchange-Traded Fund or Exchange-Traded Managed Fund or offers a Class that itself is an Exchange-Traded Fund or Exchange-Traded Managed Fund

-   [ ] i. Exchange-Traded Fund

-   [ ] ii. Exchange-Traded Managed Fund

- [ ] b. Index Fund

- [ ] c. Seeks to achieve performance results that are a multiple of a benchmark, the inverse of a benchmark, or a multiple of the inverse of a benchmark

- [ ] d. Interval Fund

- [ ] e. Fund of Funds

- [ ] f. Master-Feeder Fund

- [ ] g. Money Market Fund

- [ ] h. Target Date Fund

-   [ ] i. Underlying fund to a variable annuity or variable life insurance contract

- [x] N/A

**Item C.4 - Does the Fund seek to operate as a 'non-diversified company'?** No

**Item C.5 - Does the fund invest in a controlled foreign corporation?** No

**Item C.6. Securities lending.**

- **a. Is the Fund authorized to engage in securities lending transactions?** No

- **f. Provide the monthly average of the value of portfolio securities on loan during the reporting period:** —

- **g. Provide the net income from securities lending activities:** —

**Item C.7. Reliance on certain statutory exemption and rules.**

Did the Fund rely on the following rules?

- Rule 18f-4 (17 CFR 270.18f-4)

- Rule 22d-1 (17 CFR 270.22d-1)

- Rule 32a-4 (17 CFR 270.32a-4)

- Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))

- Rule 17a-7 (17 CFR 270.17a-7)

**Item C.8. Expense limitations.**

- **a. Did the Fund have an expense limitation arrangement?** Yes

- **b. Were any expenses reduced or waived?** Yes

- **c. Are the fees waived subject to recoupment?** Yes

- **d. Were any expenses previously waived recouped during the period?** No

**Item C.9. Investment advisers.**

**Investment Advisers Record: 1**

- **i. Full name:** FRANKLIN TEMPLETON FUND ADVISER, LLC

- **ii. SEC file number:** 801-66785

- **iii. CRD number:** 000140432

- **iv. LEI, if any:** 549300POFVK5JLWUL193

- **v. State, if applicable:** NY

- **vi. Foreign country, if applicable:** US

- **vii. Was the investment adviser hired during the reporting period?:** No

**Item C.9.b. Sub-advisers.**

**Sub-adviser Record: 1**

- **i. Full name:** Western Asset Management Company, LLC

- **ii. SEC file number:** 801-08162

- **iii. CRD number:** 000110441

- **iv. LEI, if any:** 549300C5A561UXUICN46

- **v. Is the sub-adviser an affiliated person?:** Yes

- **vii. Was the sub-adviser hired during the reporting period?:** No

**Item C.10. Transfer agents.**

**Transfer Agents Record: 1**

- **i. Full name:** Franklin Templeton Investor Services, LLC

- **ii. SEC file number:** 084-01036

- **iii. LEI, if any:** N/A

- **iv. State, if applicable:** CA

- **v. Foreign country, if applicable:** US

- **vi. Is the transfer agent an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vii. Is the transfer agent a sub-transfer agent?:** No

- **b. Has a transfer agent been hired or terminated during the reporting period?** No

**Item C.11. Pricing services.**

**Pricing Services Record: 1**

- **i. Full name:** LSEG US FIN CORP.

- **ii. LEI, if any, or provide and describe other identifying number:** 2138007FV67QQ13CGJ43

- **iii. State, if applicable:** DE

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 2**

- **i. Full name:** ICE Data Pricing & Reference Data, LLC

- **ii. LEI, if any, or provide and describe other identifying number:** 5493000NQ9LYLDBCTL34

- **iii. State, if applicable:** MA

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 3**

- **i. Full name:** PricingDirect Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300WIC0TOJ7N7GD54

- **iii. State, if applicable:** DE

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 4**

- **i. Full name:** S&P Global Inc.

- **ii. LEI, if any, or provide and describe other identifying number:** Y6X4K52KMJMZE7I7MY94

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 5**

- **i. Full name:** Bloomberg L.P.

- **ii. LEI, if any, or provide and describe other identifying number:** 549300B56MD0ZC402L06

- **iii. State, if applicable:** DE

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

**Pricing Services Record: 6**

- **i. Full name:** Bank of America Merill Lynch PriceServe

- **ii. LEI, if any, or provide and describe other identifying number:** N/A

- **iii. State, if applicable:** DE

- **iv. Foreign country, if applicable:** US

- **v. Is the pricing service an affiliated person of the Fund or its investment adviser(s)?:** No

- **b. Was a pricing service hired or terminated during the reporting period?** No

**Item C.12. Custodians.**

**a. Provide the following information about each person that provided custodial services to the Fund during the reporting period:**

**Custodians Record: 1**

- **i. Full name:** The Bank of New York Mellon

- **ii. LEI, if any:** HPFHU0OQ28E4N0NFVK49

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the custodian an affiliated person of the Fund or its investment adviser(s)?:** No

- **vi. Is the custodian a sub-custodian?:** No

- **vii. With respect to the custodian, check below to indicate the type of custody:** Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))

- **b. Was a custodian hired or terminated during the reporting period?** No

**Item C.13 - Shareholder Servicing Agents**

**Shareholder Servicing Agents Record: 1**

- **i. Full name:** Franklin Templeton Investor Services, LLC

- **ii. LEI, if any:** N/A

- **iii. State, if applicable:** CA

- **iv. Foreign country, if applicable:** US

- **v. Is the shareholder servicing agent an affiliated person?:** Yes

- **vi. Is the shareholder servicing agent a sub-shareholder servicing agent?:** No

- **b. Has a shareholder servicing agent been hired or terminated during the reporting period?** No

**Item C.14. Administrators.**

**a. Provide the following information about each administrator of the Fund:**

**Administrators Record: 1**

- **i. Full name:** FRANKLIN TEMPLETON FUND ADVISER, LLC

- **ii. LEI, if any, or other identifying number:** 549300POFVK5JLWUL193

- **iii. State, if applicable:** NY

- **iv. Foreign country, if applicable:** US

- **v. Is the administrator an affiliated person of the Fund or its investment adviser(s)?:** Yes

- **vi. Is the administrator a sub-administrator?:** No

- **b. Has a third-party administrator been hired or terminated during the reporting period?** No

**Item C.15 - Affiliated broker-dealers.**

**Broker Dealers Record: 1**

- **a. Full name:** ROYCE FUND SERVICES, LLC

- **b. SEC file number:** 008-28663

- **c. CRD number:** 000014470

- **d. LEI, if any:** N/A

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 2**

- **a. Full name:** Franklin Distributors, LLC

- **b. SEC file number:** 008-53089

- **c. CRD number:** 000109064

- **d. LEI, if any:** N/A

- **e. State, if applicable:** CA

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Broker Dealers Record: 3**

- **a. Full name:** Clarion Partners Securities, LLC

- **b. SEC file number:** 008-69204

- **c. CRD number:** 000166384

- **d. LEI, if any:** N/A

- **e. State, if applicable:** NY

- **f. Foreign country, if applicable:** US

- **g. Total commissions paid to the affiliated broker-dealer for the reporting period::** $0.00

**Item C.16. Brokers.**

No Brokers reported.

**Item C.17.a. Principal transaction counterparties.**

| Name                        | SEC file number   |   CRD number | LEI                  | State   | Country   | Total Purchase/Sale ($)   |
|:---|:---|---:|:---|:---|:---|:---|
| OPPENHEIMER & CO. INC.      | 008-04077         |    000000249 | 254900VH02JQR2L8XD64 | NY      | US        | $7,137,722.20             |
| GOLDMAN SACHS & CO. LLC     | 008-00129         |    000000361 | FOR8UP27PHTHYVLBNG30 | NY      | US        | $10,370,406.15            |
| WELLS FARGO SECURITIES, LLC | 008-65876         |    000126292 | VYVVCKR63DVZZN70PB21 | NC      | US        | $39,477,912.25            |
| TD SECURITIES (USA) LLC     | 008-36747         |    000018476 | SUVUFHICNZMP2WKHG940 | NY      | US        | $53,615,712.00            |
| PERSHING LLC                | 008-17574         |    000007560 | ZI8Q1A8EI8LQFJNM0D94 | NJ      | US        | $29,486,307.05            |
| JEFFERIES LLC               | 008-15074         |    000002347 | 58PU97L1C0WSRCWADL48 | NY      | US        | $10,696,371.65            |
| Academy Securities, Inc.    | 008-35173         |    000017433 | 2549000QX6RLQOZ2XC11 | NY      | US        | $31,994,128.24            |
| BOFA SECURITIES, INC.       | 008-69787         |    000283942 | 549300HN4UKV1E2R3U73 | NY      | US        | $22,609,475.05            |
| J.P. Morgan Securities LLC  | 008-35008         |    000000079 | ZBUT11V806EZRVTWT807 | NY      | US        | $23,638,293.48            |
| BARCLAYS CAPITAL, INC.      | 008-41342         |    000019714 | AC28XWWI3WIBK2824319 | NY      | US        | $11,494,788.26            |

- **Item C.17.b - Aggregate value of principal purchase/sale transactions:** $285,281,591.32

- **Item C.18 - Did the Fund pay commissions for 'brokerage and research services'?:** No

- **Item C.19.a - Fund's monthly average net assets:** $305,399,144.92

**Item C.20. Lines of credit, interfund lending and interfund borrowing.**

- **a. Does the Fund have available a line of credit?** Yes

**If yes, for each line of credit, provide the information requested below:**

**Line of Credit details Record: 1**

- **i. Is the line of credit a committed or uncommitted line of credit?** Committed

- **ii. What size is the line of credit?** $2,995,000,000.00

- **iii. With which institution(s) is the line of credit?**

  - **Line Institutions Record: 1 Name of institution:** BANCO BILBAO VIZCAYA ARGENTARIA, S.A.

  - **Line Institutions Record: 2 Name of institution:** GOLDMAN SACHS BANK USA

  - **Line Institutions Record: 3 Name of institution:** THE BANK OF NEW YORK MELLON

  - **Line Institutions Record: 4 Name of institution:** STANDARD CHARTERED BANK

  - **Line Institutions Record: 5 Name of institution:** DEUTSCHE BANK AG

  - **Line Institutions Record: 6 Name of institution:** MANUFACTURERS AND TRADERS TRUST COMPANY

  - **Line Institutions Record: 7 Name of institution:** THE BANK OF NOVA SCOTIA

  - **Line Institutions Record: 8 Name of institution:** BARCLAYS BANK PLC

  - **Line Institutions Record: 9 Name of institution:** WELLS FARGO BANK, NATIONAL ASSOCIATION

  - **Line Institutions Record: 10 Name of institution:** BANK OF AMERICA, N.A.

  - **Line Institutions Record: 11 Name of institution:** ROYAL BANK OF CANADA

  - **Line Institutions Record: 12 Name of institution:** UMB BANK, N.A.

  - **Line Institutions Record: 13 Name of institution:** JPMORGAN CHASE BANK, N.A.

  - **Line Institutions Record: 14 Name of institution:** CITIBANK, N.A.

  - **Line Institutions Record: 15 Name of institution:** THE TORONTO-DOMINION BANK

  - **Line Institutions Record: 16 Name of institution:** MORGAN STANLEY BANK, N.A.

  - **Line Institutions Record: 17 Name of institution:** HSBC BANK USA, N.A.

- **iv. Is the line of credit just for the Fund, or is it shared among multiple funds?** Shared

  - **1. If shared, list the names of other funds that may use the line of credit:**

| Name of fund                                                           | SEC File number   |
|:---|:---|
| Putnam Core Equity Fund (f/k/a Putnam Multi-Cap Core Fund)             | 811-07513         |
| Franklin Colorado Tax-Free Income Fund                                 | 811-04149         |
| Franklin Multi-Asset Variable Growth Fund                              | 811-21128         |
| Franklin Biotechnology Discovery Fund                                  | 811-06243         |
| Putnam High Yield Fund                                                 | 811-04616         |
| Franklin California High Yield Municipal Fund                          | 811-06481         |
| Templeton Foreign VIP Fund                                             | 811-05583         |
| Templeton Global Bond Fund                                             | 811-04706         |
| ClearBridge Small Cap Fund                                             | 811-22338         |
| Western Asset Bond ETF                                                 | 811-23124         |
| Franklin Multi-Asset Growth Fund                                       | 811-06444         |
| ClearBridge Variable Small Cap Growth Portfolio                        | 811-21128         |
| Putnam VT Core Equity Fund                                             | 811-05346         |
| Western Asset SMASh Series C Fund                                      | 811-06740         |
| Franklin Managed Income fund                                           | 811-04986         |
| Putnam Global Technology Fund                                          | 811-07513         |
| ClearBridge Tactical Dividend Income Fund                              | 811-06444         |
| Putnam Large Cap Value Fund                                            | 811-02742         |
| Western Asset Massachusetts Municipals Fund                            | 811-04254         |
| Western Asset New Jersey Municipals Fund                               | 811-04254         |
| BrandywineGLOBAL - Diversified US Large Cap Value Fund                 | 811-22338         |
| ClearBridge Growth Fund                                                | 811-06444         |
| Franklin Massachusetts Tax-Free Income Fund                            | 811-04149         |
| Putnam VT Focused International Equity Fund                            | 811-05346         |
| Putnam International Value Fund                                        | 811-07513         |
| Putnam Global Health Care Fund                                         | 811-03386         |
| Western Asset Municipal High Income Fund                               | 811-04254         |
| Franklin Small-Mid Cap Growth Fund                                     | 811-06243         |
| ClearBridge Value Fund                                                 | 811-22338         |
| Franklin LifeSmart? 2055 Retirement Target Fund                        | 811-07851         |
| Franklin Multi-Asset Variable Moderate Growth Fund                     | 811-21128         |
| Franklin Federal Limited-Term Tax-Free Income Fund                     | 811-04149         |
| Putnam VT Diversified Income Fund                                      | 811-05346         |
| Franklin Gold and Precious Metals Fund                                 | 811-01700         |
| Franklin Ohio Tax-Free Income Fund                                     | 811-04149         |
| Franklin Moderate Allocation Fund                                      | 811-07851         |
| Franklin Templeton SMACS: Series H                                     | 811-06243         |
| Franklin Low Duration U.S. Government Securities Fund                  | 811-04986         |
| ClearBridge International Growth Fund                                  | 811-22338         |
| Franklin Real Estate Securities Fund                                   | 811-08034         |
| Franklin Rising Dividends Fund                                         | 811-04894         |
| Putnam Multi-Asset Income Fund                                         | 811-07121         |
| Western Asset SMASh Series TF Fund                                     | 811-06740         |
| Franklin Templeton Moderately Aggressive Model Portfolio               | 811-21128         |
| Putnam Diversified Income Trust                                        | 811-05635         |
| Templeton Developing Markets Trust                                     | 811-06378         |
| Templeton Growth VIP Fund                                              | 811-05583         |
| Putnam Dynamic Asset Allocation Balanced Fund                          | 811-07121         |
| Franklin California Intermediate-Term Tax-Free Income Fund             | 811-04356         |
| Franklin Mutual Quest Fund                                             | 811-05387         |
| BrandywineGLOBAL - High Yield Fund                                     | 811-06444         |
| Franklin Small-Mid Cap Growth VIP Fund                                 | 811-05583         |
| ClearBridge Variable Large Cap Value Portfolio                         | 811-21128         |
| Franklin Emerging Market Debt Opportunities Fund                       | 811-10157         |
| Franklin Allocation VIP Fund                                           | 811-05583         |
| Western Asset Core Plus Bond Fund                                      | 811-06110         |
| Franklin Growth Fund                                                   | 811-00537         |
| Putnam VT International Value Fund                                     | 811-05346         |
| Franklin LifeSmart? 2020 Retirement Target Fund                        | 811-07851         |
| Franklin LifeSmart? 2040 Retirement Target Fund                        | 811-07851         |
| International Equity Series                                            | 811-06135         |
| ClearBridge Variable Large Cap Growth Portfolio                        | 811-21128         |
| Franklin Long Duration Credit Fund                                     | 811-04986         |
| Franklin Templeton SMACS: Series C                                     | 811-06243         |
| Templeton Growth Fund, Inc.                                            | 811-04892         |
| Putnam Large Cap Growth Fund                                           | 811-07237         |
| Putnam VT George Putnam Balanced Fund                                  | 811-05346         |
| Putnam Sustainable Leaders Fund                                        | 811-06128         |
| Franklin Mutual Shares VIP Fund                                        | 811-05583         |
| Putnam Global Income Trust                                             | 811-04524         |
| Putnam International Equity Fund                                       | 811-06190         |
| ClearBridge International Value Fund                                   | 811-06444         |
| ClearBridge Variable Dividend Strategy Portfolio                       | 811-21128         |
| Putnam VT Small Cap Value Fund                                         | 811-05346         |
| Franklin Core Plus Bond Fund                                           | 811-06243         |
| Western Asset Intermediate Maturity California Municipals Fund         | 811-04254         |
| Franklin Michigan Tax-Free Income Fund                                 | 811-04149         |
| Putnam VT Mortgage Securities Fund                                     | 811-05346         |
| Franklin Multi-Asset Moderate Growth Fund                              | 811-06444         |
| Franklin Utilities Fund                                                | 811-00537         |
| Franklin International Equity Fund                                     | 811-22338         |
| Franklin New York Intermediate-Term Tax-Free Income Fund               | 811-04787         |
| Putnam Mortgage Securities Fund                                        | 811-03897         |
| Putnam VT Income Fund                                                  | 811-05346         |
| Franklin Global Allocation Fund                                        | 811-07851         |
| Franklin Income VIP Fund                                               | 811-05583         |
| Franklin Alabama Tax-Free Income Fund                                  | 811-04149         |
| Putnam VT Small Cap Growth Fund                                        | 811-05346         |
| Franklin Federal Tax-Free Income Fund                                  | 811-03395         |
| Franklin Large Cap Growth VIP Fund                                     | 811-05583         |
| Franklin LifeSmart Retirement Income Fund                              | 811-07851         |
| Putnam Focused Equity Fund                                             | 811-07513         |
| Franklin Federal Intermediate-Term Tax-Free Income Fund                | 811-04149         |
| Franklin Arizona Tax-Free Income Fund                                  | 811-04149         |
| Putnam Small Cap Growth Fund                                           | 811-07513         |
| Franklin North Carolina Tax-Free Income Fund                           | 811-04149         |
| Franklin Small Cap Value VIP Fund                                      | 811-05583         |
| Franklin Virginia Tax-Free Income Fund                                 | 811-04149         |
| BrandywineGLOBAL - Flexible Bond Fund                                  | 811-22338         |
| Franklin Alternative Strategies Fund                                   | 811-22641         |
| Franklin High Yield Tax-Free Income Fund                               | 811-04149         |
| Franklin Missouri Tax-Free Income Fund                                 | 811-04149         |
| Franklin Mutual Beacon Fund                                            | 811-05387         |
| Franklin Multi-Asset Variable Conservative Growth Fund                 | 811-21128         |
| Franklin California Tax-Free Income Fund                               | 811-02790         |
| Franklin Mutual Global Discovery VIP Fund                              | 811-05583         |
| Franklin High Income Fund                                              | 811-01608         |
| Franklin Growth and Income VIP Fund                                    | 811-05583         |
| Franklin Multi-Asset Defensive Growth Fund                             | 811-06444         |
| Putnam Income Fund                                                     | 811-00653         |
| Templeton Emerging Markets Small Cap Fund                              | 811-08226         |
| Franklin Equity Income Fund                                            | 811-04986         |
| BrandywineGLOBAL - Multi-Sector Opportunities Fund                     | 811-22338         |
| Putnam VT International Equity Fund                                    | 811-05346         |
| Franklin Senior Loan ETF                                               | 811-23124         |
| Franklin Templeton Aggressive Model Portfolio                          | 811-21128         |
| Western Asset Ultra-Short Income Fund                                  | 811-04254         |
| Franklin Templeton Moderate Model Portfolio                            | 811-21128         |
| Putnam VT Research Fund                                                | 811-05346         |
| Franklin New York Tax-Free Income Fund                                 | 811-03479         |
| Western Asset Intermediate Bond Fund                                   | 811-06110         |
| Templeton Global Total Return Fund                                     | 811-04706         |
| Western Asset Intermediate-Term Municipals Fund                        | 811-04254         |
| Franklin New Jersey Tax-Free Income Fund                               | 811-04149         |
| ClearBridge Variable Mid Cap Portfolio                                 | 811-21128         |
| Franklin U.S. Government Securities Fund                               | 811-00537         |
| Putnam Core Bond Fund (f/k/a Putnam Fixed Income Absolute Return Fund) | 811-07513         |
| Western Asset Long Credit VIT                                          | 811-06310         |
| Franklin Total Return Fund                                             | 811-04986         |
| Franklin Mutual International Value Fund                               | 811-05387         |
| Franklin U.S. Large Cap Equity Fund                                    | 811-06444         |
| Putnam VT Sustainable Leaders Fund                                     | 811-05346         |
| Franklin LifeSmart? 2045 Retirement Target Fund                        | 811-07851         |
| Putnam International Small Cap Fund                                    | 811-07237         |
| Franklin Small Cap Value Fund                                          | 811-05878         |
| BrandywineGLOBAL - Global Opportunities Bond Fund                      | 811-22338         |
| Franklin Templeton Conservative Model Portfolio                        | 811-21128         |
| Putnam VT Large Cap Growth Fund                                        | 811-05346         |
| Franklin DynaTech Fund                                                 | 811-00537         |
| Franklin Templeton SMACS: Series CH                                    | 811-06243         |
| Putnam Dynamic Asset Allocation Conservative Fund                      | 811-07121         |
| Franklin Corefolio Allocation Fund                                     | 811-07851         |
| Putnam VT Sustainable Future Fund                                      | 811-05346         |
| Putnam VT Global Health Care Fund                                      | 811-05346         |
| Franklin Templeton SMACS: Series I                                     | 811-06243         |
| Templeton Developing Markets VIP Fund                                  | 811-05583         |
| Franklin Templeton Moderately Conservative Model Portfolio             | 811-21128         |
| Putnam VT Global Asset Allocation Fund                                 | 811-05346         |
| Franklin Growth Opportunities Fund                                     | 811-06243         |
| Franklin Natural Resources Fund                                        | 811-06243         |
| ClearBridge Small Cap Growth Fund                                      | 811-06444         |
| Putnam VT Emerging Markets Equity Fund                                 | 811-05346         |
| ClearBridge Appreciation Fund                                          | 811-06444         |
| Putnam Ultra Short MAC Series                                          | 811-07513         |
| Western Asset Income Fund                                              | 811-04254         |
| Franklin Small Cap Growth Fund                                         | 811-06243         |
| ClearBridge Large Cap Value Fund                                       | 811-06444         |
| Putnam Emerging Markets Equity Fund                                    | 811-07513         |
| Franklin BSP CLO ETF                                                   | 811-23124         |
| Putnam Short-Term Municipal Income Fund                                | 811-07513         |
| Putnam VT Large Cap Value Fund                                         | 811-05346         |
| Putnam Focused International Equity Fund                               | 811-01403         |
| Franklin DynaTech VIP Fund                                             | 811-05583         |
| Franklin International Growth Fund                                     | 811-10157         |
| Western Asset Short-Term Bond Fund                                     | 811-04254         |
| Franklin LifeSmart? 2025 Retirement Target Fund                        | 811-07851         |
| Western Asset Corporate Bond Fund                                      | 811-04254         |
| ClearBridge Emerging Markets Fund                                      | 811-22338         |
| Franklin LifeSmart? 2035 Retirement Target Fund                        | 811-07851         |
| ClearBridge Mid Cap Growth Fund                                        | 811-06444         |
| Western Asset SMASh Series M Fund                                      | 811-06740         |
| Franklin Rising Dividends VIP Fund                                     | 811-05583         |
| Franklin Pennsylvania Tax-Free Income Fund                             | 811-04149         |
| Franklin Mutual Global Discovery Fund                                  | 811-05387         |
| Templeton Global Smaller Companies Fund                                | 811-03143         |
| Foreign Smaller Companies Series                                       | 811-06135         |
| Franklin Georgia Tax-Free Income Fund                                  | 811-04149         |
| Western Asset Intermediate Maturity New York Municipals Fund           | 811-04254         |
| ClearBridge Sustainability Leaders Fund                                | 811-06444         |
| Franklin Connecticut Tax-Free Income Fund                              | 811-04149         |
| ClearBridge Global Infrastructure Income Fund                          | 811-22338         |
| Templeton Sustainable Emerging Markets Bond Fund                       | 811-04706         |
| Franklin Mutual Shares Fund                                            | 811-05387         |
| Western Asset Total Return Unconstrained Fund                          | 811-06110         |
| Templeton World Fund                                                   | 811-02781         |
| Franklin Mutual Small-Mid Cap Value Fund                               | 811-05878         |
| George Putnam Balanced Fund                                            | 811-00058         |
| Franklin Strategic Income VIP Fund                                     | 811-05583         |
| Franklin Convertible Securities Fund                                   | 811-04986         |
| Western Asset Core Bond Fund                                           | 811-06110         |
| ClearBridge Variable Appreciation Portfolio                            | 811-21128         |
| Franklin Minnesota Tax-Free Income Fund                                | 811-04149         |
| Putnam Convertible Securities Fund                                     | 811-02280         |
| Western Asset High Yield Fund                                          | 811-06110         |
| Franklin Templeton SMACS: Series CP                                    | 811-06243         |
| Western Asset Pennsylvania Municipals Fund                             | 811-04254         |
| Putnam Floating Rate Income Fund                                       | 811-07513         |
| Franklin Growth Allocation Fund                                        | 811-07851         |
| Western Asset Managed Municipals Fund                                  | 811-04254         |
| ClearBridge Variable Growth Portfolio                                  | 811-21128         |
| Franklin High Yield Corporate ETF                                      | 811-23124         |
| Putnam U.S. Research Fund                                              | 811-07237         |
| BrandywineGLOBAL - Corporate Credit Fund                               | 811-06444         |
| Franklin Global Equity Fund                                            | 811-06444         |
| Franklin Templeton SMACS: Series EM                                    | 811-08226         |
| Franklin Oregon Tax-Free Income Fund                                   | 811-04149         |
| Western Asset Inflation Indexed Plus Bond Fund                         | 811-06110         |
| Franklin U.S. Small Cap Equity Fund                                    | 811-22338         |
| Franklin LifeSmart? 2050 Retirement Target Fund                        | 811-07851         |
| Franklin Conservative Allocation Fund                                  | 811-07851         |
| Templeton Foreign Fund                                                 | 811-02781         |
| Putnam Mortgage Opportunities Fund                                     | 811-07513         |
| Templeton Global Dynamic Income Fund                                   | 811-08226         |
| Putnam Sustainable Future Fund                                         | 811-07237         |
| Putnam VT High Yield Fund                                              | 811-05346         |
| Western Asset Oregon Municipals Fund                                   | 811-04254         |
| Franklin Maryland Tax-Free Income Fund                                 | 811-04149         |
| Western Asset New York Municipals Fund                                 | 811-04254         |
| Franklin Floating Rate Master Series                                   | 811-09869         |
| ClearBridge SMASh Series EM Fund                                       | 811-22338         |
| Franklin Global Real Estate VIP Fund                                   | 811-05583         |
| Franklin Low Duration Total Return Fund                                | 811-04986         |
| Western Asset SMASh Series Core Plus Completion Fund                   | 811-06740         |
| Franklin Mutual U.S. Mid Cap Value Fund                                | 811-05878         |
| Western Asset California Municipals Fund                               | 811-04254         |
| Templeton Global Bond VIP Fund                                         | 811-05583         |
| Putnam Dynamic Asset Allocation Equity Fund                            | 811-07513         |
| Franklin Templeton SMACS: Series E                                     | 811-06243         |
| Franklin U.S. Government Securities VIP Fund                           | 811-05583         |
| Franklin LifeSmart? 2060 Retirement Target Fund                        | 811-07851         |
| Franklin Louisiana Tax-Free Income Fund                                | 811-04149         |
| Putnam Ultra Short Duration Income Fund                                | 811-07513         |
| ClearBridge Select Fund                                                | 811-06444         |
| Western Asset Variable Global High Yield Bond Portfolio                | 811-06310         |
| Franklin Floating Rate Daily Access Fund                               | 811-04986         |
| Western Asset Short Duration High Income Fund                          | 811-04254         |
| Franklin Income Fund                                                   | 811-00537         |
| Franklin LifeSmart? 2030 Retirement Target Fund                        | 811-07851         |
| Franklin S&P 500 Index Fund                                            | 811-06444         |
| ClearBridge Dividend Strategy Fund                                     | 811-06444         |
| ClearBridge Mid Cap Fund                                               | 811-06444         |
| Putnam Dynamic Asset Allocation Growth Fund                            | 811-07121         |
| Franklin Multi-Asset Conservative Growth Fund                          | 811-06444         |
| Western Asset Core Plus VIT Portfolio                                  | 811-06310         |
| ClearBridge Large Cap Growth Fund                                      | 811-06444         |
| Western Asset Mortgage Total Return Fund                               | 811-04254         |
| Putnam Short Duration Bond Fund                                        | 811-07513         |
| Western Asset SMASh Series Core Completion Fund                        | 811-06740         |
| Putnam Small Cap Value Fund                                            | 811-07237         |

- **v. Did the Fund draw on the line of credit this period?** No

- **b. Did the Fund engage in interfund lending?** No

- **c. Did the Fund engage in interfund borrowing?** No

**Item C.21. Swing pricing.**

- **a. Did the Fund (if not a Money Market Fund, Exchange-Traded Fund, or Exchange-Traded Managed Fund) engage in swing pricing?** No

## N-CEN: Part G: Attachments

**Item G.1a. Attachments.**

Attachments applicable to all Registrants. All Registrants shall file the following attachments, as applicable, with the current report. Indicate the attachments filed with the current report by checking the applicable items below:

- [ ] i. Legal proceedings

- [ ] ii. Provision of financial support

- [x] iii. Independent public accountant's report on internal control (management investment companies other than small business investment companies only)

- [ ] iv. Change in accounting principles and practices

- [ ] v. Information required to be filed pursuant to exemptive orders

- [ ] vi. Other information required to be included as an attachment pursuant to Commission rules and regulations

## N-CEN: Signature

Pursuant to the requirements of the Investment Company Act of 1940, the Registrant has duly caused this report to a be signed on its behalf by the undersigned hereunto duly authorized.

**Registrant:** Legg Mason Partners Income Trust

**Date:** 2026-05-06

**Signature:** Christopher Berarducci

**Title:** Principal Financial Officer and Treasurer