# EDGAR Filing Document

**Accession Number:** 0000809707
**File Stem:** 0002071691-25-009333
**Filing Date:** 2025-12
**Character Count:** 39309
**Document Hash:** f99c39a6e2d12df5c0f3dc9f28ddc553
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-009333.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0002071691-25-009333

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Franklin Investors Securities Trust
- **CENTRAL INDEX KEY:** 0000809707

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04986
- **FILM NUMBER:** 251595230

**BUSINESS ADDRESS:**
- **STREET 1:** ONE FRANKLIN PARKWAY
- **CITY:** SAN MATEO
- **STATE:** CA
- **ZIP:** 94403-1906
- **BUSINESS PHONE:** 650-312-2200

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN INVESTORS SECURITIES TRUST
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### FRANKLIN EQUITY INCOME FUND (Series ID: S000006852)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000018513 | Class A       | FISEX           |
| C000018515 | Class C       | FRETX           |
| C000018516 | Class R       | FREIX           |
| C000064443 | Advisor Class | FEIFX           |
| C000128878 | Class R6      | FEIQX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-04986

- **c. CIK number of Registrant:** 0000809707

- **d. LEI of Registrant:** 549300XUGIR9DEQFV548

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

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

  - **City:** San Mateo

  - **State:** CA

  - **Foreign country:** US

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

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

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

- **a. Name of Series:** Franklin Equity Income Fund

- **b. EDGAR series identifier (if any):** S000006852

- **c. LEI of Series:** 549300NQIOLSX881UZ17

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

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

- **b. Date as of which information is reported:** 2025-10-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $4540994842.99

**Total Liabilities:** $3595509.95

**Net Assets:** $4537399333.04

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000064443 | 2.86%                | 1.43%                | 0.80%                |
| Class ID C000018515 | 2.77%                | 1.31%                | 0.72%                |
| Class ID C000018516 | 2.81%                | 1.37%                | 0.74%                |
| Class ID C000128878 | 2.86%                | 1.41%                | 0.80%                |
| Class ID C000018513 | 2.84%                | 1.37%                | 0.80%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $50034519.11             | $67822612.50                               |
| Month 2  | $25661864.41             | $32366313.64                               |
| Month 3  | $75274272.66             | $-45632975.87                              |

### Schedule of Portfolio Investments

| Name                                                                        | Title                                                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| National Bank of Canada into UnitedHealth Group, Inc.                       | National Bank of Canada into UnitedHealth Group, Inc.                       | CUSIP: 63306B302<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | SN               | CORP              | CA        |     41500 | NS      | $14490594.90  | 0.32%             | 2026-02-05      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Oracle Corp.                                                                | Oracle Corp.                                                                | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |    222500 | NS      | $58430725.00  | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Shell plc                                                                   | Shell plc                                                                   | CUSIP: 780259305<br>LEI: 21380068P1DRHMJ8KU70 | Long             | EC               | CORP              | GB        |    730000 | NS      | $54691600.00  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Eaton Corp. plc                                                             | Eaton Corp. plc                                                             | CUSIP: N/A<br>LEI: 549300VDIGTMXUNT7H71       | Long             | EC               | CORP              | IE        |    210000 | NS      | $80127600.00  | 1.77%             |  |  |  | No            |                  1 | On Loan: No      |
| BlackRock, Inc.                                                             | BlackRock, Inc.                                                             | CUSIP: 09290D101<br>LEI: 529900VBK42Y5HHRMD23 | Long             | EC               | CORP              | US        |     60000 | NS      | $64968600.00  | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphabet, Inc.                                                              | Alphabet, Inc., Class A                                                     | CUSIP: 02079K305<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |    255000 | NS      | $71703450.00  | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management, Inc.                                              | Apollo Global Management, Inc.                                              | CUSIP: 03769M304<br>LEI: 254900LMFT1CY9IYB476 | Long             | EP               | CORP              | US        |   1210000 | NS      | $79061400.00  | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Walmart, Inc.                                                               | Walmart, Inc.                                                               | CUSIP: 931142103<br>LEI: Y87794H0US1R65VBXU25 | Long             | EC               | CORP              | US        |    840000 | NS      | $84991200.00  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Amazon.com, Inc.                                                            | Amazon.com, Inc.                                                            | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    227500 | NS      | $55560050.00  | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| KLA Corp.                                                                   | KLA Corp.                                                                   | CUSIP: 482480100<br>LEI: 549300H0BF5JCG96TJ81 | Long             | EC               | CORP              | US        |     47250 | NS      | $57112965.00  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Mizuho Markets Cayman LP into Amazon.com, Inc.                              | Mizuho Markets Cayman LP into Amazon.com, Inc.                              | CUSIP: 60701E410<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | KY        |     99500 | NS      | $23146249.00  | 0.51%             | 2026-08-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mid-America Apartment Communities, Inc.                                     | Mid-America Apartment Communities, Inc.                                     | CUSIP: 59522J103<br>LEI: 549300FQZKFR5YNSHZ21 | Long             | EC               | CORP              | US        |    405000 | NS      | $51933150.00  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Danaher Corp.                                                               | Danaher Corp.                                                               | CUSIP: 235851102<br>LEI: S4BKK9OTCEWQ3YHPFM11 | Long             | EC               | CORP              | US        |    150000 | NS      | $32307000.00  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Boston Scientific Corp.                                                     | Boston Scientific Corp.                                                     | CUSIP: 101137107<br>LEI: Y6ZDD9FP4P8JSSJMW954 | Long             | EC               | CORP              | US        |    212500 | NS      | $21403000.00  | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services, Inc.                                                     | Republic Services, Inc., Class A                                            | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |     50000 | NS      | $10412000.00  | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays Bank plc into Carrier Global Corp.                                 | Barclays Bank plc into Carrier Global Corp.                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |    294000 | NS      | $17681402.25  | 0.39%             | 2026-06-25      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| GE HealthCare Technologies, Inc.                                            | GE HealthCare Technologies, Inc.                                            | CUSIP: 36266G107<br>LEI: 549300OI9J7XOWZMUN85 | Long             | EC               | CORP              | US        |    380000 | NS      | $28481000.00  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy, Inc.                                                        | NextEra Energy, Inc.                                                        | CUSIP: 65339F101<br>LEI: 254900RHL9MEUS5NKX63 | Long             | EC               | CORP              | US        |    920000 | NS      | $74888000.00  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| American Express Co.                                                        | American Express Co.                                                        | CUSIP: 025816109<br>LEI: R4PP93JZOLY261QX3811 | Long             | EC               | CORP              | US        |    207500 | NS      | $74851475.00  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson & Johnson                                                           | Johnson & Johnson                                                           | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |    640000 | NS      | $120876800.00 | 2.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Bank of Canada into Tesco plc                                         | Royal Bank of Canada into Tesco plc                                         | CUSIP: 779942648<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | SN               | CORP              | CA        |    420000 | NS      | $22765481.98  | 0.50%             | 2026-01-08      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The) into Parker-Hannifin Corp.                      | Toronto-Dominion Bank (The) into Parker-Hannifin Corp.                      | CUSIP: N/A<br>LEI: PT3QB789TSUIDF371261       | Long             | SN               | CORP              | CA        |     32000 | NS      | $23785689.31  | 0.52%             | 2025-11-18      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Suncor Energy, Inc.                                                         | Suncor Energy, Inc.                                                         | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |   1375000 | NS      | $54738750.00  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Bank of Canada into Oracle Corp.                                      | Royal Bank of Canada into Oracle Corp.                                      | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |    111500 | NS      | $19441983.24  | 0.43%             | 2026-03-20      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Citigroup Global Markets Holdings, Inc. into Thermo Fisher Scientific, Inc. | Citigroup Global Markets Holdings, Inc. into Thermo Fisher Scientific, Inc. | CUSIP: 17333P809<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | SN               | CORP              | US        |     47500 | NS      | $26966473.93  | 0.59%             | 2026-11-06      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TE Connectivity plc                                                         | TE Connectivity plc                                                         | CUSIP: N/A<br>LEI: 6367003TB6K484NFHE54       | Long             | EC               | CORP              | IE        |    190000 | NS      | $46931900.00  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas, Inc.                                                                | Ventas, Inc.                                                                | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |    885000 | NS      | $65304150.00  | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Corteva, Inc.                                                               | Corteva, Inc.                                                               | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |    625000 | NS      | $38400000.00  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Bank of Canada into Schlumberger NV                                   | Royal Bank of Canada into Schlumberger NV                                   | CUSIP: 78017L647<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | SN               | CORP              | CA        |    548500 | NS      | $19220819.98  | 0.42%             | 2026-10-30      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| AstraZeneca plc                                                             | AstraZeneca plc                                                             | CUSIP: 046353108<br>LEI: PY6ZZQWO2IZFZC3IOL08 | Long             | EC               | CORP              | GB        |    822500 | NS      | $67774000.00  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Merrill Lynch BV into Eaton Corp. plc                                       | Merrill Lynch BV into Eaton Corp. plc                                       | CUSIP: 59027W344<br>LEI: 549300RQ1D1WIE085245 | Long             | SN               | CORP              | NL        |     59000 | NS      | $20132489.95  | 0.44%             | 2026-05-08      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The) into American Express Co.                       | Toronto-Dominion Bank (The) into American Express Co.                       | CUSIP: N/A<br>LEI: PT3QB789TSUIDF371261       | Long             | SN               | CORP              | CA        |     91800 | NS      | $30911577.92  | 0.68%             | 2026-03-13      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Broadcom, Inc.                                                              | Broadcom, Inc.                                                              | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    187500 | NS      | $69305625.00  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Natural Resources Ltd.                                             | Canadian Natural Resources Ltd.                                             | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |   1150000 | NS      | $36823000.00  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Global Markets Holdings, Inc. into KLA Corp.                      | Citigroup Global Markets Holdings, Inc. into KLA Corp.                      | CUSIP: 17331V121<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | SN               | CORP              | US        |     35500 | NS      | $27825662.54  | 0.61%             | 2025-12-04      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| Medtronic plc                                                               | Medtronic plc                                                               | CUSIP: N/A<br>LEI: 549300GX3ZBSQWUXY261       | Long             | EC               | CORP              | IE        |    650000 | NS      | $58955000.00  | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Carrier Global Corp.                                                        | Carrier Global Corp.                                                        | CUSIP: 14448C104<br>LEI: 549300JE3W6CWY2NAN77 | Long             | EC               | CORP              | US        |    485000 | NS      | $28852650.00  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Philip Morris International, Inc.                                           | Philip Morris International, Inc.                                           | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |    475000 | NS      | $68556750.00  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo Bank NA into Ingersoll Rand, Inc.                               | Wells Fargo Bank NA into Ingersoll Rand, Inc.                               | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |    257500 | NS      | $19176608.70  | 0.42%             | 2026-08-14      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Blackstone, Inc.                                                            | Blackstone, Inc.                                                            | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |    335000 | NS      | $49124400.00  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corp.                                                                   | PPL Corp.                                                                   | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |   1315000 | NS      | $48023800.00  | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Citigroup Global Markets Holdings, Inc. into HCA Healthcare, Inc.           | Citigroup Global Markets Holdings, Inc. into HCA Healthcare, Inc.           | CUSIP: 17332B801<br>LEI: 82VOJDD5PTRDMVVMGV31 | Long             | SN               | CORP              | US        |     59000 | NS      | $23963013.21  | 0.53%             | 2026-04-16      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Cisco Systems, Inc.                                                         | Cisco Systems, Inc.                                                         | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |   1110000 | NS      | $81152100.00  | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| PepsiCo, Inc.                                                               | PepsiCo, Inc.                                                               | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     95000 | NS      | $13878550.00  | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Casey's General Stores, Inc.                                                | Casey's General Stores, Inc.                                                | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |     70000 | NS      | $35923300.00  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Chase & Co.                                                        | JPMorgan Chase & Co.                                                        | CUSIP: 46625H100<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | EC               | CORP              | US        |    650000 | NS      | $202228000.00 | 4.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Morgan Stanley                                                              | Morgan Stanley                                                              | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |    962500 | NS      | $157850000.00 | 3.48%             |  |  |  | No            |                  1 | On Loan: No      |
| T-Mobile US, Inc.                                                           | T-Mobile US, Inc.                                                           | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |    315000 | NS      | $66165750.00  | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Global Management, Inc.                                              | Apollo Global Management, Inc.                                              | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |     50000 | NS      | $6215500.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Lowe's Cos., Inc.                                                           | Lowe's Cos., Inc.                                                           | CUSIP: 548661107<br>LEI: WAFCR4OKGSC504WU3E95 | Long             | EC               | CORP              | US        |    300000 | NS      | $71439000.00  | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| SLB Ltd.                                                                    | SLB Ltd.                                                                    | CUSIP: 806857108<br>LEI: 213800ZUA17OK3QLGM62 | Long             | EC               | CORP              | CW        |    637008 | NS      | $22970508.48  | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Chevron Corp.                                                               | Chevron Corp.                                                               | CUSIP: 166764100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    900000 | NS      | $141948000.00 | 3.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles Schwab Corp. (The)                                                  | Charles Schwab Corp. (The)                                                  | CUSIP: 808513105<br>LEI: 549300VSGCJ7E698NM85 | Long             | EC               | CORP              | US        |    965000 | NS      | $91211800.00  | 2.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Lennar Corp.                                                                | Lennar Corp., Class A                                                       | CUSIP: 526057104<br>LEI: 529900G61XVRLX5TJX09 | Long             | EC               | CORP              | US        |    140000 | NS      | $17327800.00  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Barclays Bank plc into Canadian Natural Resources Ltd.                      | Barclays Bank plc into Canadian Natural Resources Ltd.                      | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | CA        |    825100 | NS      | $26467759.73  | 0.58%             | 2026-02-25      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| Toronto-Dominion Bank (The) into United Rentals, Inc.                       | Toronto-Dominion Bank (The) into United Rentals, Inc.                       | CUSIP: N/A<br>LEI: PT3QB789TSUIDF371261       | Long             | SN               | CORP              | CA        |     24500 | NS      | $21588687.42  | 0.48%             | 2026-06-12      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Ingersoll Rand, Inc.                                                        | Ingersoll Rand, Inc.                                                        | CUSIP: 45687V106<br>LEI: 5299004C02FMZCUOIR50 | Long             | EC               | CORP              | US        |    570000 | NS      | $43508100.00  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Coca-Cola Co. (The)                                                         | Coca-Cola Co. (The)                                                         | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    840000 | NS      | $57876000.00  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| National Bank of Canada into Hubbell, Inc.                                  | National Bank of Canada into Hubbell, Inc.                                  | CUSIP: 63306B344<br>LEI: BSGEFEIOM18Y80CKCV46 | Long             | SN               | CORP              | CA        |     61000 | NS      | $27292980.26  | 0.60%             | 2026-07-31      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Caterpillar, Inc.                                                           | Caterpillar, Inc.                                                           | CUSIP: 149123101<br>LEI: WRJR7GS4GTRECRRTVX92 | Long             | EC               | CORP              | US        |    107500 | NS      | $62055450.00  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Norfolk Southern Corp.                                                      | Norfolk Southern Corp.                                                      | CUSIP: 655844108<br>LEI: 54930036C8MWP850MI84 | Long             | EC               | CORP              | US        |     61000 | NS      | $17286180.00  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Procter & Gamble Co. (The)                                                  | Procter & Gamble Co. (The)                                                  | CUSIP: 742718109<br>LEI: 2572IBTT8CCZW6AU4141 | Long             | EC               | CORP              | US        |    670000 | NS      | $100747900.00 | 2.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell, Inc.                                                               | Hubbell, Inc., Class B                                                      | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |    132500 | NS      | $62275000.00  | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Royal Bank of Canada into Lennar Corp.                                      | Royal Bank of Canada into Lennar Corp.                                      | CUSIP: 78017L506<br>LEI: ES7IP3U3RHIGC71XBU11 | Long             | SN               | CORP              | CA        |    193000 | NS      | $24219239.55  | 0.53%             | 2026-09-30      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Ares Management Corp.                                                       | Ares Management Corp., Class A                                              | CUSIP: 03990B101<br>LEI: 529900JUV61FH7B8VW38 | Long             | EC               | CORP              | US        |     45000 | NS      | $6691950.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of America Corp.                                                       | Bank of America Corp.                                                       | CUSIP: 060505104<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EC               | CORP              | US        |   2800000 | NS      | $149660000.00 | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy, Inc.                                                                | Evergy, Inc.                                                                | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |    622750 | NS      | $47833427.50  | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis, Inc.                                                              | Prologis, Inc.                                                              | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |    517500 | NS      | $64216575.00  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Emerson Electric Co.                                                        | Emerson Electric Co.                                                        | CUSIP: 291011104<br>LEI: FGLT0EWZSUIRRITFOA30 | Long             | EC               | CORP              | US        |    120000 | NS      | $16748400.00  | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Boeing Co. (The)                                                            | Boeing Co. (The)                                                            | CUSIP: 097023204<br>LEI: RVHJWBXLJ1RFUBSY1F30 | Long             | EP               | CORP              | US        |   1170000 | NS      | $75722400.00  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| RTX Corp.                                                                   | RTX Corp.                                                                   | CUSIP: 75513E101<br>LEI: I07WOS4YJ0N7YRFE7309 | Long             | EC               | CORP              | US        |    422500 | NS      | $75416250.00  | 1.66%             |  |  |  | No            |                  1 | On Loan: No      |
| HCA Healthcare, Inc.                                                        | HCA Healthcare, Inc.                                                        | CUSIP: 40412C101<br>LEI: 529900PH4ZGUH2MNEU89 | Long             | EC               | CORP              | US        |    157500 | NS      | $72399600.00  | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| United Rentals, Inc.                                                        | United Rentals, Inc.                                                        | CUSIP: 911363109<br>LEI: 5323X5O7RN0NKFCDRY08 | Long             | EC               | CORP              | US        |     60980 | NS      | $53124556.40  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Tractor Supply Co.                                                          | Tractor Supply Co.                                                          | CUSIP: 892356106<br>LEI: 549300OJ9VZHZRO6I137 | Long             | EC               | CORP              | US        |    590000 | NS      | $31924900.00  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp.                                                           | Duke Energy Corp.                                                           | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |    717500 | NS      | $89185250.00  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermo Fisher Scientific, Inc.                                              | Thermo Fisher Scientific, Inc.                                              | CUSIP: 883556102<br>LEI: HCHV7422L5HDJZCRFL38 | Long             | EC               | CORP              | US        |    120000 | NS      | $68086800.00  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Parker-Hannifin Corp.                                                       | Parker-Hannifin Corp.                                                       | CUSIP: 701094104<br>LEI: 5493002CONDB4N2HKI23 | Long             | EC               | CORP              | US        |     93500 | NS      | $72259605.00  | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| McDonald's Corp.                                                            | McDonald's Corp.                                                            | CUSIP: 580135101<br>LEI: UE2136O97NLB5BYP9H04 | Long             | EC               | CORP              | US        |    142500 | NS      | $42526275.00  | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Institutional U.S. Government Money Market Fund                    | Franklin Institutional U.S. Government Money Market Fund                    | CUSIP: 457756500<br>LEI: 549300M4TP89K77LG374 | Long             | STIV             | RF                | US        | 138767180 | NS      | $138767180.42 | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Wells Fargo Bank NA into Alphabet, Inc.                                     | Wells Fargo Bank NA into Alphabet, Inc.                                     | CUSIP: N/A<br>LEI: N/A                        | Long             | SN               | CORP              | US        |    151000 | NS      | $28654318.34  | 0.63%             | 2026-04-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CenterPoint Energy, Inc.                                                    | CenterPoint Energy, Inc.                                                    | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |   1165000 | NS      | $44549600.00  | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Instruments, Inc.                                                     | Texas Instruments, Inc.                                                     | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |    340000 | NS      | $54896400.00  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Ares Management Corp.                                                       | Ares Management Corp., Series B                                             | CUSIP: 03990B309<br>LEI: 529900JUV61FH7B8VW38 | Long             | EP               | CORP              | US        |   1000000 | NS      | $47290000.00  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Mizuho Markets Cayman LP into Charles Schwab Corp. (The)                    | Mizuho Markets Cayman LP into Charles Schwab Corp. (The)                    | CUSIP: 60701E147<br>LEI: 549300KHUXLS6Q30KT26 | Long             | SN               | CORP              | KY        |    320000 | NS      | $29394936.84  | 0.65%             | 2025-12-23      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Linde plc                                                                   | Linde plc                                                                   | CUSIP: N/A<br>LEI: 5299003QR1WT0EF88V51       | Long             | EC               | CORP              | IE        |    100000 | NS      | $41830000.00  | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-01

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

**Signature:** Monica Krogh

**Name of Signer:** Monica Krogh

**Title:** Assistant Treasurer