FRANKLIN TEMPLETON ETF TRUST

Schedule of Investments, June 30, 2024 (unaudited)

BrandywineGLOBAL - Dynamic US Large Cap Value ETF	Country		Shares		Value
Common Stocks 98.7%
Aerospace & Defense 4.7%
Lockheed Martin Corp.		United States		15,401	$	7,193,807
Textron, Inc.		United States		1,637		140,553
						7,334,360
Air Freight & Logistics 2.1%
Expeditors International of Washington, Inc.		United States		14,904		1,859,870
FedEx Corp.		United States		4,633		1,389,159
						3,249,029
Automobile Components 0.1%
Lear Corp.		United States		1,068		121,976
Automobiles 2.3%
General Motors Co.		United States		74,846		3,477,345
Harley-Davidson, Inc.		United States		2,523		84,622
						3,561,967
Biotechnology 0.8%
Amgen, Inc.		United States		3,904		1,219,805
Broadline Retail 0.3%
Dillard’s, Inc., Class A		United States		1,068		470,336
Building Products 4.3%
A O Smith Corp.		United States		2,268		185,477
Advanced Drainage Systems, Inc.		United States		6,451		1,034,676
a Builders FirstSource, Inc.		United States		17,960		2,485,843
Carlisle Cos., Inc.		United States		3,808		1,543,040
Owens Corning		United States		7,894		1,371,346
						6,620,382
Capital Markets 1.9%
Affiliated Managers Group, Inc.		United States		3,675		574,145
Evercore, Inc., Class A		United States		2,789		581,311
LPL Financial Holdings, Inc.		United States		6,475		1,808,468
						2,963,924
Chemicals 3.8%
CF Industries Holdings, Inc.		United States		12,127		898,853
Eastman Chemical Co.		United States		13,461		1,318,774
LyondellBasell Industries NV, Class A		United States		29,820		2,852,581
NewMarket Corp.		United States		170		87,647
Olin Corp.		United States		14,479		682,685
						5,840,540
Communications Equipment 3.1%
Cisco Systems, Inc.		United States		102,847		4,886,261
Computers & Peripherals 1.2%
NetApp, Inc.		United States		14,018		1,805,518
Construction & Engineering 0.2%
MDU Resources Group, Inc.		United States		10,102		253,560
a WillScot Mobile Mini Holdings Corp.		United States		1,637		61,617
						315,177
Consumer Finance 0.4%
OneMain Holdings, Inc.		United States		13,824		670,326
Consumer Staples Distribution & Retail 1.7%
Albertsons Cos., Inc., Class A		United States		37,169		734,088
Walmart, Inc.		United States		27,976		1,894,255
						2,628,343

FRANKLIN TEMPLETON ETF TRUST

SCHEDULE OF INVESTMENTS, June 30, 2024 (unaudited) (continued)

 

Containers & Packaging 1.5%
Berry Global Group, Inc.	United States	13,255	780,057
Packaging Corp. of America	United States	8,088	1,476,545
			2,256,602
Diversified Consumer Services 0.9%
Service Corp. International	United States	18,651	1,326,646
Electric Utilities 2.3%
NRG Energy, Inc.	United States	3,917	304,977
Southern Co.	United States	41,377	3,209,614
			3,514,591
Electronic Equipment, Instruments & Components 1.3%
a Arrow Electronics, Inc.	United States	6,549	790,857
Jabil, Inc.	United States	11,036	1,200,607
			1,991,464
Energy Equipment & Services 0.1%
ChampionX Corp.	United States	5,323	176,777
Entertainment 0.5%
Walt Disney Co.	United States	7,846	779,029
Financial Services 1.0%
Corebridge Financial, Inc.	United States	11,714	341,112
Enact Holdings, Inc.	United States	1,358	41,636
Equitable Holdings, Inc.	United States	8,415	343,837
Jackson Financial, Inc., Class A	United States	1,431	106,266
MGIC Investment Corp.	United States	31,359	675,786
			1,508,637
Food Products 1.8%
Bunge Global SA	United States	11,920	1,272,698
Ingredion, Inc.	United States	7,337	841,554
Kraft Heinz Co.	United States	23,028	741,962
			2,856,214
Ground Transportation 6.7%
CSX Corp.	United States	201,291	6,733,184
Norfolk Southern Corp.	United States	15,704	3,371,492
Ryder System, Inc.	United States	2,341	290,003
			10,394,679
Hotels, Restaurants & Leisure 2.6%
Aramark	United States	18,930	643,998
Boyd Gaming Corp.	United States	10,357	570,671
Choice Hotels International, Inc.	United States	2,329	277,151
a Expedia Group, Inc.	United States	2,389	300,990
a MGM Resorts International	United States	34,816	1,547,223
Wyndham Hotels & Resorts, Inc.	United States	8,731	646,094
			3,986,127
Household Durables 0.8%
KB Home	United States	6,694	469,785
PulteGroup, Inc.	United States	7,106	782,370
			1,252,155
Household Products 1.0%
Procter & Gamble Co.	United States	9,629	1,588,015
Industrial Conglomerates 3.5%
Honeywell International, Inc.	United States	25,794	5,508,051
Insurance 7.4%
Aflac, Inc.	United States	67,097	5,992,433
American Financial Group, Inc.	United States	6,852	842,933
American International Group, Inc.	United States	12,563	932,677
Hartford Financial Services Group, Inc.	United States	2,535	254,869

FRANKLIN TEMPLETON ETF TRUST

SCHEDULE OF INVESTMENTS, June 30, 2024 (unaudited) (continued)

 

Old Republic International Corp.	United States	29,128	900,055
Primerica, Inc.	United States	1,371	324,351
Prudential Financial, Inc.	United States	9,204	1,078,617
Unum Group	United States	21,501	1,098,916
			11,424,851
IT Services 3.4%
International Business Machines Corp.	United States	30,838	5,333,432
Leisure Products 0.3%
Brunswick Corp.	United States	7,397	538,280
Machinery 4.7%
Caterpillar, Inc.	United States	7,300	2,431,630
Deere & Co.	United States	13,133	4,906,883
			7,338,513
Media 5.7%
Comcast Corp., Class A	United States	167,215	6,548,139
Fox Corp., Class A	United States	12,757	438,458
Interpublic Group of Cos., Inc.	United States	40,431	1,176,138
Nexstar Media Group, Inc.	United States	4,414	732,768
			8,895,503
Metals & Mining 3.0%
Nucor Corp.	United States	6,124	968,082
Reliance, Inc.	United States	5,263	1,503,113
Steel Dynamics, Inc.	United States	16,674	2,159,283
			4,630,478
Oil, Gas & Consumable Fuels 14.9%
Antero Midstream Corp.	United States	8,489	125,128
Chesapeake Energy Corp.	United States	2,958	243,118
Chevron Corp.	United States	23,562	3,685,568
Chord Energy Corp.	United States	728	122,071
ConocoPhillips	United States	44,214	5,057,197
Coterra Energy, Inc., Class A	United States	39,970	1,066,000
Diamondback Energy, Inc.	United States	1,431	286,472
DT Midstream, Inc.	United States	1,710	121,461
EOG Resources, Inc.	United States	4,523	569,310
Exxon Mobil Corp.	United States	6,463	744,021
HF Sinclair Corp.	United States	5,675	302,704
Magnolia Oil & Gas Corp., Class A	United States	3,214	81,443
Marathon Oil Corp.	United States	35,398	1,014,861
Marathon Petroleum Corp.	United States	28,510	4,945,915
Murphy Oil Corp.	United States	2,680	110,523
Occidental Petroleum Corp.	United States	6,245	393,622
Ovintiv, Inc.	United States	4,742	222,258
PBF Energy, Inc., Class A	United States	2,098	96,550
Phillips 66	United States	4,681	660,817
SM Energy Co.	United States	2,038	88,103
Targa Resources Corp.	United States	3,189	410,679
Valero Energy Corp.	United States	12,563	1,969,376
Williams Cos., Inc.	United States	17,305	735,462
			23,052,659
Pharmaceuticals 2.7%
Bristol-Myers Squibb Co.	United States	20,519	852,154
Johnson & Johnson	United States	17,269	2,524,037
Merck & Co., Inc.	United States	6,257	774,617
			4,150,808
Professional Services 0.8%
Robert Half, Inc.	United States	6,027	385,608
Science Applications International Corp.	United States	4,002	470,435
TriNet Group, Inc.	United States	4,523	452,300
			1,308,343

FRANKLIN TEMPLETON ETF TRUST

SCHEDULE OF INVESTMENTS, June 30, 2024 (unaudited) (continued)

 

Specialty Retail 1.6%
a AutoNation, Inc.	United States	6,475		1,031,986
Murphy USA, Inc.	United States	388		182,150
Penske Automotive Group, Inc.	United States	8,234		1,227,031
				2,441,167
Textiles, Apparel & Luxury Goods 0.1%
Ralph Lauren Corp.	United States	764		133,746
Trading Companies & Distributors 0.4%
Boise Cascade Co.	United States	2,243		267,411
MSC Industrial Direct Co., Inc., Class A	United States	4,559		361,574
				628,985
Wireless Telecommunication Services 2.8%
T-Mobile U.S., Inc.	United States	24,860		4,379,835
Total Common Stocks (Cost $140,595,431)				153,083,531
Total Investments before Short-Term Investments (Cost $140,595,431)				153,083,531
Short-Term Investments 1.3%
Money Market Funds 1.3%
b State Street Institutional U.S. Government Money Market Fund, 5.26%	United States	2,063,610		2,063,610
Total Short-Term Investments (Cost $2,063,610)				2,063,610
Total Investments (Cost $142,659,041) 100.0%				155,147,141
Other Assets, less Liabilities 0.0%†				18,007
Net Assets 100.0%			$	155,165,148

^†Rounds to less than 0.1% of net assets.

^aNon-income producing.

^bThe rate shown is the annualized seven-day effective yield at period end.

FRANKLIN TEMPLETON ETF TRUST

Schedule of Investments, June 30, 2024 (unaudited)

BrandywineGLOBAL - U.S. Fixed Income ETF	Country	Principal Amount*		Value
Corporate Bonds & Notes 1.1%
Financial Services 0.8%
Golub Capital BDC, Inc., 2.50%, 8/24/26	United States		110,000	$	101,212
Oil & Gas 0.3%
Devon Energy Corp., 7.875%, 9/30/31	United States		30,000		33,922
Total Corporate Bonds & Notes (Cost $133,812)					135,134
U.S. Government & Agency Securities 95.0%
Federal Home Loan Mortgage Corp.,
4.50%, 10/01/52	United States		475,962		449,256
5.50%, 12/01/52	United States		408,322		403,802
Federal National Mortgage Association,
4.00%, 6/01/52	United States		649,634		595,162
5.00%, 11/01/52	United States		419,382		406,552
5.50%, 1/01/53	United States		503,619		497,896
Government National Mortgage Association,
5.00%, 2/20/53	United States		414,762		404,348
5.00%, 6/20/53	United States		470,881		458,699
5.50%, 4/20/53	United States		586,988		582,862
5.50%, 5/20/53	United States		591,031		587,003
5.50%, 9/20/53	United States		242,044		240,305
5.50%, 10/20/53	United States		254,293		252,467
5.50%, 2/20/54	United States		197,939		196,517
U.S. Treasury Bonds, 3.00%, 8/15/52	United States		2,480,000		1,866,200
a U.S. Treasury Floating Rate Notes, 3 mo. Treasury money market yield + 0.17%, 5.475%, 10/31/25	United States		1,000,000		1,000,842
U.S. Treasury Notes, 3.875%, 8/15/33	United States		3,560,000		3,425,666
Total U.S. Government & Agency Securities (Cost $11,432,366)					11,367,577
Total Investments before Short-Term Investments (Cost $11,566,178)					11,502,711
Short-Term Investments 1.4%
Money Market Funds 1.4%
b State Street Institutional U.S. Government Money Market Fund, 5.26%	United States		165,537		165,537
Total Short-Term Investments (Cost $165,537)					165,537
Total Investments (Cost $11,731,715) 97.5%					11,668,248
Other Assets, less Liabilities 2.5%					302,959
Net Assets 100.0%				$	11,971,207

*The principal amount is stated in U.S. dollars unless otherwise indicated.

^aVariable rate security. The rate shown represents the yield at period end.

^bThe rate shown is the annualized seven-day effective yield at period end.

FRANKLIN TEMPLETON ETF TRUST

SCHEDULE OF INVESTMENTS, June 30, 2024 (unaudited) (continued)

 

At June 30, 2024, the Fund had the following futures contracts outstanding.

Futures Contracts
Description	Type		Number of Contracts		Notional Amount*		Expiration Date		Value/Unrealized Appreciation (Depreciation)
Interest rate contracts
U.S. Treasury 5 Yr. Note		Long		60	$	6,394,688		9/30/24			$	65,798
U.S. Treasury Ultra 10 Yr. (CBT)		Long		21		2,384,156		9/19/24				14,007
Total Futures Contracts											$	79,805

*As of period end.

FRANKLIN TEMPLETON ETF TRUST

Schedule of Investments, June 30, 2024 (unaudited)

ClearBridge Sustainable Infrastructure ETF	Industry		Shares		Value
Common Stocks 96.8%
Australia 1.8%
Atlas Arteria Ltd.		Transportation Infrastructure		42,274	$	144,269
Brazil 5.4%
CCR SA		Transportation Infrastructure		59,998		125,733
Equatorial Energia SA		Electric Utilities		24,918		137,680
a Equatorial Energia SA		Electric Utilities		380		2,127
Rumo SA		Ground Transportation		45,052		168,059
						433,599
Canada 3.0%
b Hydro One Ltd.		Electric Utilities		8,296		241,602
Denmark 3.7%
a,b Orsted AS		Electric Utilities		5,573		296,823
France 4.8%
Getlink SE		Transportation Infrastructure		23,345		386,559
Germany 2.0%
E.ON SE		Multi-Utilities		12,125		159,253
Italy 9.9%
b Enav SpA		Transportation Infrastructure		56,720		226,502
Enel SpA		Electric Utilities		48,246		335,790
Terna - Rete Elettrica Nazionale		Electric Utilities		30,264		234,119
						796,411
Japan 2.6%
West Japan Railway Co.		Ground Transportation		11,368		211,657
Netherlands 3.3%
Ferrovial SE		Construction & Engineering		6,759		262,666
Portugal 3.7%
EDP - Energias de Portugal SA		Electric Utilities		79,289		297,338
Spain 8.9%
a,b Cellnex Telecom SA		Diversified Telecommunication Services		5,278		171,794
Iberdrola SA		Electric Utilities		14,047		182,390
Redeia Corp. SA		Electric Utilities		20,897		365,509
						719,693
United Kingdom 14.4%
National Grid PLC		Multi-Utilities		22,229		248,008
Pennon Group PLC		Water Utilities		27,710		200,887
Severn Trent PLC		Water Utilities		11,442		344,239
SSE PLC		Electric Utilities		7,610		172,146
United Utilities Group PLC		Water Utilities		15,498		192,501
						1,157,781
United States 33.3%
American Tower Corp.		Specialized REITs		1,269		246,668
American Water Works Co., Inc.		Water Utilities		2,143		276,790
Crown Castle, Inc.		Specialized REITs		3,054		298,376
CSX Corp.		Ground Transportation		10,594		354,369
Entergy Corp.		Electric Utilities		1,661		177,727
Eversource Energy		Electric Utilities		5,160		292,624
Exelon Corp.		Electric Utilities		4,769		165,055
NextEra Energy Partners LP		Independent Power Producers & Energy Traders		8,220		227,201
NextEra Energy, Inc.		Electric Utilities		5,375		380,604

FRANKLIN TEMPLETON ETF TRUST

SCHEDULE OF INVESTMENTS, June 30, 2024 (unaudited) (continued)

 

PG&E Corp.	Electric Utilities	14,816		258,687
				2,678,101
Total Common Stocks (Cost $8,044,983)				7,785,752
Total Investments before Short-Term Investments (Cost $8,044,983)				7,785,752
Short-Term Investments 2.6%
Money Market Funds 2.6%
United States 2.6%
c JPMorgan 100% U.S. Treasury Securities Money Market Fund, 5.28%	Money Market Funds	211,670		211,670
Total Short-Term Investments (Cost $211,670)				211,670
Total Investments (Cost $8,256,653) 99.4%				7,997,422
Other Assets, less Liabilities 0.6%				46,212
Net Assets 100.0%			$	8,043,634

^aNon-income producing.

^bSecurity was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions exempt from registration only to qualified institutional buyers or in a public offering registered under the Securities Act of 1933. At June 30, 2024, the value of was $936,721, representing 11.6% of net assets.

^cThe rate shown is the annualized seven-day effective yield at period end.

FRANKLIN TEMPLETON ETF TRUST

Schedule of Investments, June 30, 2024 (unaudited)

Franklin Disruptive Commerce ETF	Country		Shares		Value
Common Stocks 99.1%
Broadline Retail 22.7%
Alibaba Group Holding Ltd., Class A		China		7,638	$	68,970
a Amazon.com, Inc.		United States		4,890		944,993
eBay, Inc.		United States		1,503		80,741
a Etsy, Inc.		United States		1,362		80,331
a Global-e Online Ltd.		Israel		3,213		116,536
a MercadoLibre, Inc.		Brazil		253		415,780
Naspers Ltd., Class N		South Africa		438		85,566
a PDD Holdings, Inc., ADR		China		1,921		255,397
Prosus NV		Netherlands		2,365		84,304
						2,132,618
Commercial Services & Supplies 3.7%
a Copart, Inc.		United States		6,450		349,332
Consumer Staples Distribution & Retail 6.2%
Costco Wholesale Corp.		United States		684		581,393
Containers & Packaging 1.5%
Graphic Packaging Holding Co.		United States		1,658		43,456
Packaging Corp. of America		United States		529		96,574
						140,030
Entertainment 3.5%
a Netflix, Inc.		United States		330		222,710
Nintendo Co. Ltd., ADR		Japan		3,312		44,050
a ROBLOX Corp., Class A		United States		1,775		66,048
						332,808
Financial Services 8.7%
a Adyen NV, ADR		Netherlands		7,986		94,794
a Block, Inc.		United States		669		43,144
Jack Henry & Associates, Inc.		United States		396		65,744
Mastercard, Inc., Class A		United States		701		309,253
a PayPal Holdings, Inc.		United States		360		20,891
Visa, Inc., Class A		United States		1,090		286,092
						819,918
Food Products 1.2%
a Freshpet, Inc.		United States		892		115,416
Ground Transportation 9.6%
Old Dominion Freight Line, Inc.		United States		556		98,190
a Uber Technologies, Inc.		United States		9,455		687,189
a XPO, Inc.		United States		1,054		111,882
						897,261
Hotels, Restaurants & Leisure 14.1%
a Airbnb, Inc., Class A		United States		1,347		204,246
Booking Holdings, Inc.		United States		101		400,111
a DoorDash, Inc., Class A		United States		4,105		446,542
a Expedia Group, Inc.		United States		590		74,334
a MakeMyTrip Ltd.		India		2,413		202,933
						1,328,166
Industrial REITs 1.2%
Prologis, Inc.		United States		971		109,053
Interactive Media & Services 3.6%
Alphabet, Inc., Class A		United States		567		103,279
Meta Platforms, Inc., Class A		United States		414		208,747
Tencent Holdings Ltd.		China		587		27,999
						340,025

FRANKLIN TEMPLETON ETF TRUST

SCHEDULE OF INVESTMENTS, June 30, 2024 (unaudited) (continued)

 

IT Services 5.7%
a Shopify, Inc., Class A	Canada	8,107		535,467
Media 0.7%
a Trade Desk, Inc., Class A	United States	685		66,904
Professional Services 0.2%
TransUnion	United States	294		21,803
Real Estate Management & Development 0.2%
a CoStar Group, Inc.	United States	264		19,573
Software 7.5%
a AppLovin Corp., Class A	United States	598		49,766
a Autodesk, Inc.	United States	351		86,855
a Descartes Systems Group, Inc.	Canada	2,100		203,364
a Manhattan Associates, Inc.	United States	1,140		281,215
a Sprout Social, Inc., Class A	United States	275		9,812
a SPS Commerce, Inc.	United States	376		70,748
				701,760
Specialty Retail 0.1%
ZOZO, Inc.	Japan	512		12,821
Trading Companies & Distributors 8.7%
Fastenal Co.	United States	5,775		362,901
WW Grainger, Inc.	United States	501		452,022
				814,923
Total Common Stocks (Cost $8,332,782)				9,319,271
Total Investments (Cost $8,332,782) 99.1%				9,319,271
Other Assets, less Liabilities 0.9%				82,352
Net Assets 100.0%			$	9,401,623

^aNon-income producing.

Abbreviations

Selected Portfolio

ADR	–	American Depositary Receipt
REIT	–	Real Estate Investment Trust

FRANKLIN TEMPLETON ETF TRUST

Schedule of Investments, June 30, 2024 (unaudited)

Franklin Dynamic Municipal Bond ETF	Principal Amount*		Value
Corporate Bonds & Notes 1.1%
Arizona 0.8%
Grand Canyon University, 5.125%, 10/01/28		2,000,000	$	1,808,620
Delaware 0.0%†
a,b Red River Biorefinery LLC, 15.00%, 7/31/24		10,000		10,000
a,b Red River Biorefinery LLC, 15.00%, 7/31/24		5,000		5,000
				15,000
Puerto Rico 0.3%
b,c AES Puerto Rico LP, 12.50%, 12/15/25		638,904		638,904
Total Corporate Bonds & Notes (Cost $2,456,562)				2,462,524
Municipal Bonds 98.6%
Alabama 5.2%
Black Belt Energy Gas District, c Gas Project No 8, Series A, 4.00%, 12/01/52		500,000		498,052
c Gas Project, Series E, 5.00%, 5/01/53		525,000		546,988
c Refunding, 4.00%, 6/01/51		240,000		241,015
c Series A, 5.25%, 5/01/55		1,500,000		1,630,991
a County of Mobile, Gomesa Projects, 4.00%, 11/01/45		100,000		92,408
Energy Southeast A Cooperative District,
c Series A-1, 5.50%, 11/01/53		1,500,000		1,615,863
c Series B, 5.25%, 7/01/54		2,000,000		2,140,935
c Series B-1, 5.75%, 4/01/54		500,000		549,697
Homewood Educational Building Authority, CHF - Horizons II LLC, 5.50%, 10/01/44		870,000		933,022
MidCity Improvement District, Special Assessment, Series 2022, 4.25%, 11/01/32		600,000		536,191
c Southeast Alabama Gas Supply District, Project No.1, Refunding, Series A, 5.00%, 8/01/54		2,000,000		2,145,645
c Southeast Energy Authority A Cooperative District, Series A-1, 5.50%, 1/01/53		1,115,000		1,195,526
				12,126,333
Alaska 0.4%
Northern Tobacco Securitization Corp., Series A, 4.00%, 6/01/39		1,000,000		986,698
Arizona 0.7%
c Chandler Industrial Development Authority, Intel Corp, AMT, 5.00%, 9/01/42		1,030,000		1,057,678
Glendale Industrial Development Authority, People of Faith Inc Obligated Group, 4.00%, 5/15/31		160,000		153,935
a Sierra Vista Industrial Development Authority, Georgetown Community Development Authority,
9.00%, 10/01/37		250,000		238,669
Tempe Industrial Development Authority, Tempe Life Care Village Obligated Group, Refunding,
4.00%, 12/01/31		225,000		217,414
				1,667,696
California 11.3%
California Community Choice Financing Authority, c 5.25%, 1/01/54		6,215,000		6,553,289
c VRDN, 5.50%, 10/01/54		1,835,000		2,007,564
a California Community College Financing Authority, NCCD-Napa Valley Properties LLC, Series 2022A, 4.25%, 7/01/32		500,000		489,707
California Community Housing Agency, a Arbors Apartments, Series A, 5.00%, 8/01/50		1,350,000		1,315,387
a Aster Apartments, Series A-2, 4.00%, 2/01/43		350,000		321,069
a Brio Apartments & Next on Lex Apartments, Series A, 4.00%, 8/01/47		285,000		234,004
a Fountains at Emerald Park, 4.00%, 8/01/46		995,000		858,047
a K Street Flats, 4.00%, 8/01/50		640,000		514,622
a Verdant at Green Valley Apartments, 5.00%, 8/01/49		1,325,000		1,295,285
California Health Facilities Financing Authority, Episcopal Communities & Services for Seniors
Obligated Group, Series A, 3.85%, 11/15/27		1,000,000		1,000,196
California Municipal Finance Authority,
Caritas Corp, Refunding Series 2021B, 3.00%, 8/15/31		165,000		155,227
LAX Integrated Express Solutions LLC, AMT, 3.50%, 12/31/35		150,000		138,404
Series C, 5.50%, 9/01/34		60,000		63,781

FRANKLIN TEMPLETON ETF TRUST

SCHEDULE OF INVESTMENTS, June 30, 2024 (unaudited) (continued)

 

Series C, 5.75%, 9/01/37	355,000	376,374
Series C, 6.00%, 9/01/42	475,000	506,054
Series D, 6.00%, 9/01/42	265,000	285,305
a,d California Pollution Control Financing Authority, CalPlant I LLC, AMT, 7.50%, 7/01/32	250,000	3,375
California School Finance Authority,
a 5.00%, 6/01/27	50,000	51,168
a Classical Academy Obligated Group, Series 2020A, 3.00%, 10/01/30	180,000	167,667
a John Adams Academies Obligated Group, Series 2022A, 4.50%, 7/01/32	250,000	253,017
a Summit Public Schools Obligated Group, 5.00%, 6/01/27	50,000	52,023
a City & County of San Francisco Special Tax District No., 4.00%, 9/01/36	100,000	96,297
a CMFA Special Finance Agency, Solana at Grand, Series A-2, 4.00%, 8/01/45	995,000	837,504
a CMFA Special Finance Agency VII, The Breakwater Apartments, 4.00%, 8/01/47	910,000	763,097
a CMFA Special Finance Agency VIII, Junior-Elan Huntington Beach, 4.00%, 8/01/47	1,350,000	1,191,628
a CMFA Special Finance Agency XII, Allure Apartments, 4.375%, 8/01/49	1,000,000	842,315
CSCDA Community Improvement Authority,
a Jefferson Anaheim Social Bonds, 2.875%, 8/01/41	155,000	144,576
a Renaissance at City Center, 5.00%, 7/01/51	475,000	463,318
a Towne at Glendale Apartments, 5.00%, 9/01/37	900,000	919,917
a Waterscape Apartments, Series B, 4.00%, 9/01/46	955,000	809,657
a Elsinore Valley Municipal Water District, Community Facilities District No 2020, Series 2021A, 4.00%, 9/01/27	100,000	97,890
c Long Beach Bond Finance Authority, Series B, 3 mo. USD Term SOFR + 1.45%, 5.191%, 11/15/27	1,000,000	1,011,375
Perris Joint Powers Authority, Refunding, Series 2017B, 5.00%, 9/01/25	100,000	101,613
River Islands Public Financing Authority,
Community Facilities District No 2003-, 5.00%, 9/01/32	500,000	512,512
Series 2023-1, 5.00%, 9/01/38	435,000	462,026
c Southern California Public Power Authority, Libor-Project No 1, Series A, 3 mo. USD LIBOR +
1.47%, 5.214%, 11/01/38	1,215,000	1,121,929
		26,017,219
Colorado 3.9%
Colorado Educational & Cultural Facilities Authority, Golden View Classical Academy, Refunding,
4.00%, 1/01/32	200,000	193,783
Colorado Health Facilities Authority,
Christian Living Neighborhoods Obligated Group, Refunding, 4.00%, 1/01/29	100,000	98,704
CommonSpirit Health Obligated Group, Series A, 4.00%, 8/01/37	1,480,000	1,481,895
CommonSpirit Health Obligated Group, Series A, 4.00%, 8/01/39	1,395,000	1,373,940
CommonSpirit Health Obligated Group, Series A, Refunding, 5.00%, 8/01/39	1,875,000	1,972,037
Denver Health & Hospital Authority, Refunding, Series A, 4.00%, 12/01/37	1,000,000	934,878
c E-470 Public Highway Authority, Refunding, Series B, VRDN, SOFR + 0.75%, 4.328%, 9/01/39	1,000,000	1,000,372
Southglenn Metropolitan District, Refunding, 5.00%, 12/01/30	100,000	98,668
Southlands Metropolitan District No. 1,
Refunding, Series 2017A-1, 3.50%, 12/01/27	200,000	192,537
Series A-2, 3.50%, 12/01/27	160,000	152,637
Sterling Ranch Community Authority Board, Special Assessment, Special Improvement District N, 5.625%, 12/01/43	1,500,000	1,545,414
		9,044,865
Connecticut 0.6%
Connecticut State Health & Educational Facilities Authority,
Masonicare Corp Obligated Group, Refunding, Series F, 5.00%, 7/01/37	1,000,000	1,006,611
Masonicare Corp Obligated Group, Series F, Refunding, 5.00%, 7/01/24	275,000	275,000
a McLean Affiliates Obligated Group, Series A, 5.00%, 1/01/30	150,000	148,511
Sacred Heart University Inc, 5.00%, 7/01/29	5,000	5,199
		1,435,321
Delaware 0.0%†
County of Kent, CHF-Dover LLC, 5.00%, 7/01/29	100,000	103,335
Florida 14.8%
Abbott Square Community Development District, 2022 Project, Special Assessment,
5.00%, 6/15/32	200,000	205,378
c Alachua County Health Facilities Authority, Shands Teaching Hospital & Clinics Obligated Group,
Series A, 3 mo. USD LIBOR + 0.87%, 4.627%, 12/01/37	405,000	386,322
Antillia Community Development District, Special Assessment, Series 2024, 5.00%, 5/01/31	215,000	216,630

FRANKLIN TEMPLETON ETF TRUST

SCHEDULE OF INVESTMENTS, June 30, 2024 (unaudited) (continued)

 

a Artisan Lakes East Community Development District, Special Assessment, Series 2021-2,
2.30%, 5/01/26	100,000	96,505
a Astonia Community Development District, Assessment Area One Project, Special Assessment,
Series 2020, 3.375%, 5/01/30	145,000	141,146
Avalon Groves Community Development District, Assessment Area 3, Special Assessment,
2.375%, 5/01/26	65,000	63,103
a Avalon Park West Community Development District, 2020 Project Area, Special Assessment,
Refunding, 3.25%, 5/01/30	100,000	98,015
Avenir Community Development District, 2021A Project, Assessment Area Two, Special Assessment,
2.75%, 5/01/31	90,000	81,611
Babcock Ranch Community Independent Special District,
Assessment Area 2C, Special Assessment, 3.00%, 5/01/30	50,000	48,035
Assessment Area 3B, Special Assessment, 3.00%, 5/01/30	145,000	138,553
Assessment Area, Special Assessment, Refunding, Series 2022, 4.125%, 5/01/27	345,000	343,642
Belmond Reserve Community Development District, 2020 Project, Special Assessment,
3.25%, 5/01/30	100,000	95,877
Berry Bay Community Development District, Assessment Area One, Special Assessment,
3.125%, 5/01/31	100,000	92,710
Black Creek Community Development District, Expansion Area Project, Special Assessment, Series 2022, 5.125%, 6/15/32	100,000	103,059
Capital Projects Finance Authority,
Florida UniversityProject, Refunding, Series A-1, 5.00%, 10/01/34	1,000,000	1,025,438
University Project, Series 2020A-1, 5.00%, 10/01/32	455,000	468,880
Capital Trust Agency, Inc.,
a AcadeMir Charter School West, 3.00%, 7/01/31	125,000	114,981
a Educational Growth Fund LLC, 3.375%, 7/01/31	100,000	96,335
Liza Jackson Preparatory School Inc, 4.00%, 8/01/30	275,000	270,166
a WFCS Holdings II LLC, Series 2021A, 3.30%, 1/01/31	300,000	280,389
a,e Capital Trust Authority, zero cpn., 3/01/29	855,000	671,480
Caymas Community Development District, Assessment Area One, Special Assessment,
4.45%, 5/01/31	270,000	270,800
Celebration Community Development District, Assessment Area One Project, Special Assessment,
Series 2021, 3.125%, 5/01/41	50,000	43,322
Central Parc Community Development District, Special Assessment, Series 2024, 5.70%, 5/01/44	250,000	251,105
Coddington Community Development District, Special Assessment, Series 2022, 5.00%, 5/01/32	275,000	286,168
Connerton East Community Development District, Assessment Area One, Special Assessment,
Series 2023, 4.25%, 6/15/30	160,000	162,067
Coral Keys Homes Community Development District, Special Assessment, Series 2020,
3.125%, 5/01/30	165,000	157,881
Cordoba Ranch Community Development District, Special Assessment, Refunding, 3.00%, 5/01/31	100,000	94,874
Cordova Palms Community Development District,
Assessment Area 1, Special Assessment, 4.80%, 5/01/27	90,000	90,544
Special Assessment, Series 2021, 2.80%, 5/01/31	100,000	90,681
e County of Osceola Transportation Revenue, zero cpn., 10/01/32	150,000	106,789
a Cypress Bluff Community Development District, Special Assessment, Series 2020A, 3.125%, 5/01/30	55,000	53,429
Cypress Park Estates Community Development District, Special Assessment, Series 2022,
4.375%, 5/01/27	80,000	79,996
Cypress Ridge Community Development District, Assessment Area One Project, Special Assessment,
4.875%, 5/01/30	440,000	446,393
Darby Community Development District, Special Assessment, Series A-2, 5.875%, 5/01/35	500,000	512,440
Del Webb Oak Creek Community Development District, 2023 Project, Special Assessment,
4.125%, 5/01/30	120,000	120,633
a Downtown Doral South Community Development District, Assessment Area 2, Special Assessment,
4.25%, 12/15/28	195,000	195,189
a DW Bayview Community Development District, Special Assessment, Series 2021, 3.00%, 5/01/32	100,000	95,078
East 547 Community Development District, Assessment Area 2, Special Assessment, 5.50%, 5/01/30	155,000	159,313
East Bonita Beach Road Community Development District, Assessment Area Two, Special
Assessment, 3.00%, 5/01/32	100,000	94,166

FRANKLIN TEMPLETON ETF TRUST

SCHEDULE OF INVESTMENTS, June 30, 2024 (unaudited) (continued)

 

Edgewater East Community Development District,
Assessment Area One, Special Assessment, 3.10%, 5/01/31	100,000	92,675
Assessment Area Two, Special Assessment, 3.00%, 5/01/27	180,000	173,488
a Enbrook Community Development District, Special Assessment, Series 2020, 3.00%, 5/01/30	100,000	92,765
Epperson North Community Development District, Assessment Area 2, Special Assessment,
3.00%, 5/01/31	80,000	73,271
Escambia County Health Facilities Authority, Baptist Hospital Inc Obligated Group, Refunding,
5.00%, 8/15/34	1,000,000	1,035,317
Everlands Community Development District, Assessment Area Two, Special Assessment,
5.25%, 6/15/44	275,000	278,825
Florida Development Finance Corp.,
a,c AAF Operations Holdings LLC, AMT, Refunding, VRDN, 12.00%, 7/15/32	800,000	851,916
a,c Brightline Florida Holdings LLC, AMT, Refunding, VRDN, 7.50%, 7/01/57	250,000	254,459
a Glenridge on Palmer Ranch Obligated Group, Refunding, 5.00%, 6/01/31	200,000	199,760
a Mayflower Retirement Community, Refunding, 4.00%, 6/01/31	100,000	93,154
Shands Jacksonville Medical Center Obligated Group, Refunding, 5.00%, 2/01/38	1,400,000	1,414,764
a Forest Lake Community Development District, Assessment Area 1 Project, Special Assessment,
3.25%, 5/01/30	145,000	140,120
Gardens at Hammock Beach Community Development District, Special Assessment,
Assessment Area One, 5.375%, 5/01/44	305,000	304,286
Grand Oaks Community Development District, Assessment Area 2, Special Assessment,
4.00%, 5/01/30	150,000	147,830
Grande Pines Community Development District, Assessment Area Two, Special Assessment,
4.65%, 5/01/34	515,000	518,578
Hacienda North Community Development District, Special Assessment, Series 2023,
5.50%, 5/01/33	135,000	141,437
Hammock Oaks Community Development District, Special Assessment, Assessment Area Two,
5.00%, 5/01/31	100,000	100,789
Hammock Reserve Community Development District, Assessment Area One Project, Special
Assessment, 3.25%, 5/01/30	100,000	96,078
Hawkstone Community Development District, Assessment Area 4, Special Assessment,
4.375%, 5/01/30	95,000	95,604
Herons Glen Recreation District, Special Assessment, Refunding, 3.00%, 5/01/32	100,000	93,821
Highland Trails Community Development District, Assessment Area One, Special Assessment,
4.70%, 5/01/31	220,000	221,518
Hills of Minneola Community Development District,
South Parcel Assessment Area, Special Assessment, 2.375%, 5/01/26	45,000	43,555
a South Parcel Assessment Area, Special Assessment, 3.50%, 5/01/31	100,000	95,305
Holly Hill Road East Community Development District, Assessment Area 3 Project, Special
Assessment, 4.00%, 11/01/25	45,000	44,917
Hunt Club Grove Community Development District, Special Assessment, Assessment Area One,
4.85%, 6/15/31	210,000	210,404
Indigo Community Development District, 2021 Assessment Area, Phase A1, Special
Assessment, 2.70%, 5/01/31	100,000	91,619
Kelly Park Community Development District, Assessment Area One Project, Special
Assessment, 5.125%, 11/01/30	280,000	285,035
Kindred Community Development District II,
Special Assessment, 5.65%, 5/01/43	315,000	330,370
Special Assessment, Series 2020, 3.00%, 5/01/30	155,000	148,108
Special Assessment, Series 2021, 2.20%, 5/01/26	25,000	24,218
Kingman Gate Community Development District,
Special Assessment, Series 2020, 3.125%, 6/15/30	110,000	107,220
Special Assessment, Series 2021, 2.50%, 6/15/26	45,000	43,921
Lakes at Bella Lago Community Development District, Special Assessment, 5.75%, 5/01/43	165,000	170,641
Lakes by the Bay South Community Development District, Special Assessment, Refunding,
Series 2024, 5.00%, 5/01/34	440,000	468,093
Lakes of Sarasota Community Development District,
Assessment Area One, Special Assessment, 3.40%, 5/01/31	135,000	128,174
Assessment Area Two, Special Assessment, 3.00%, 5/01/26	80,000	78,667
Lakewood Ranch Stewardship District,
Azario Project, Special Assessment, Series 2020, 3.20%, 5/01/30	175,000	165,521
a Lorraine Lakes Project, Special Assessment, Series 2020, 3.125%, 5/01/30	60,000	56,591
a Northeast Sector Project, Special Assessment, Refunding, 3.20%, 5/01/30	100,000	94,175
Star Farms at Lakewood Ranch Proj-Phase 1/2, Special Assessment, 2.70%, 5/01/31	100,000	89,426
Taylor Ranch Project, Special Assessment, 6.125%, 5/01/43	500,000	531,837

FRANKLIN TEMPLETON ETF TRUST

SCHEDULE OF INVESTMENTS, June 30, 2024 (unaudited) (continued)

 

Villages Lakewood Ranch South, Special Assessment, Series 2016, 4.25%, 5/01/26	945,000	946,302
Lawson Dunes Community Development District, Special Assessment, Series 2022,
4.375%, 5/01/27	100,000	100,167
f Lee County Industrial Development Authority, Shell Point Obligated Group, 4.375%, 11/15/29	1,000,000	1,002,907
a Longleaf Community Development District, Neighborhood 4 Assessment Area One, Special
Assessment, 4.50%, 5/01/31	140,000	141,328
Los Cayos Community Development District, 2024 Project, Special Assessment,
4.40%, 6/15/31	300,000	301,681
LT Ranch Community Development District, Phase IIA Assessment Area, Special Assessment,
5.00%, 5/01/27	105,000	106,093
a Magnolia Park Community Development District, Special Assessment, Refunding,
4.00%, 5/01/31	47,000	47,978
Marion Ranch Community Development District, Special Assessment, 5.10%, 5/01/31	215,000	216,566
Meadow View at Twin Creeks Community Development District, Phase 4, Special Assessment,
3.00%, 5/01/31	75,000	68,698
Miami Health Facilities Authority, Miami Jewish Health Systems Obligated Group, Refunding,
5.00%, 7/01/28	150,000	145,459
Middleton Community Development District A, Special Assessment, Series 2022,
5.45%, 5/01/32	200,000	211,195
Mirada II Community Development District, 2021 Project Area, Special Assessment,
3.125%, 5/01/31	100,000	90,172
a North Powerline Road Community Development District, Special Assessment, Series 2022,
4.75%, 5/01/27	125,000	125,545
North River Ranch Improvement Stewardship District, Special Assessment, Series A,
5.70%, 5/01/29	145,000	148,353
North-1 Pasco Community Development District, Assessment Area Two, Special Assessment,
Series A, 3.25%, 5/01/31	100,000	93,281
Old Hickory Community Development District, Special Assessment, Series 2020,
3.00%, 6/15/30	100,000	94,797
Palermo Community Development District, 2023 Project, Special Assessment, 4.125%, 6/15/30	75,000	75,569
Palm Beach County Health Facilities Authority,
Jupiter Medical Center Obligated Group, 5.00%, 11/01/32	300,000	316,392
Jupiter Medical Center Obligated Group, 5.00%, 11/01/40	230,000	235,962
Lifespace Communities Inc Obligated Group, Refunding, Series C, 5.00%, 5/15/27	292,000	292,131
Lifespace Communities, Inc., 5.00%, 5/15/41	165,000	160,951
Palm Coast Park Community Development District, Sawmill Branch Phase 2, Special
Assessment, 4.15%, 5/01/27	200,000	200,151
Parkview at Long Lake Ranch Community Development District, Special Assessment, Series 2020,
3.125%, 5/01/30	100,000	93,409
Parrish Lakes Community Development District, Assessment Area One Project, Special
Assessment, 4.00%, 5/01/30	265,000	263,218
Parrish Plantation Community Development District,
Assessment Area One, Special Assessment, 3.125%, 5/01/31	100,000	92,666
Special Assessment, Assessment Area Four Project-S, 4.75%, 5/01/31	90,000	90,732
Special Assessment, Assessment Area Three Project, 5.80%, 5/01/44	200,000	204,798
Peace Creek Village Community Development District, Special Assessment, Series 2024,
4.625%, 5/01/31	370,000	372,483
Pine Ridge Plantation Community Development District, Subordinate Lien, Special Assessment,
Refunding, Series 2020A-2, 3.30%, 5/01/30	150,000	145,617
Preserve at South Branch Community Development District, Phase 3, Special Assessment,
Series 2021, 3.00%, 5/01/31	100,000	95,688
Reunion East Community Development District, Special Assessment, Series 2021,
2.85%, 5/01/31	100,000	90,547
River Hall Community Development District, Special Assessment, Series A, 6.25%, 5/01/43	170,000	180,780
Rivers Edge II Community Development District, Special Assessment, Series 2021,
3.00%, 5/01/31	100,000	91,875
a Rivers Edge III Community Development District, Special Assessment, Series 2021,
2.40%, 5/01/26	100,000	96,833
a Rye Ranch Community Development District, Assessment Area One, Special Assessment,
Refunding, 5.00%, 11/01/30	45,000	45,695
Saddle Creek Preserve of Polk County Community Development District, Assessment Area
One, Special Assessment, 3.00%, 6/15/30	80,000	76,384
Sanctuary Cove Community Development District, Special Assessment, Series 2018,
2.125%, 5/01/26	135,000	130,091

FRANKLIN TEMPLETON ETF TRUST

SCHEDULE OF INVESTMENTS, June 30, 2024 (unaudited) (continued)

 

Sandmine Road Community Development District,
a Assessment Area One, Special Assessment, 3.125%, 5/01/30	100,000	97,363
Assessment Area Two, Special Assessment, 2.30%, 11/01/26	35,000	33,855
Sandridge Community Development District, Special Assessment, Series 2021A1, 2.875%, 5/01/26	100,000	98,365
Sawgrass Village Community Development District, Assessment Area Two, Special Assessment, 6.125%, 11/01/43	155,000	163,560
Sawyers Landing Community Development District, Special Assessment, Series 2021, 3.75%, 5/01/31	150,000	141,327
Scenic Terrace North Community Development District, 2023 Assessment Area, Special Assessment, 5.125%, 5/01/30	500,000	508,415
a Seaton Creek Reserve Community Development District, Assessment Area One, Special Assessment, 4.625%, 6/15/30	25,000	25,338
Sherwood Manor Community Development District, Assessment Area Two, Special Assessment, 4.625%, 5/01/30	110,000	111,443
Shingle Creek at Bronson Community Development District, Special Assessment, Series 2021, 3.10%, 6/15/31	100,000	95,874
Silver Oaks Community Development District, Special Assessment, 4.70%, 5/01/31	235,000	236,804
Six Mile Creek Community Development District, Assessment Area 2, Phase 3, Special Assessment, 3.10%, 5/01/31	75,000	69,469
a Somerset Bay Community Development District, Special Assessment, Assessment Area One, 4.85%, 5/01/31	315,000	316,096
Sorrento Pines Community Development District, Assessment Area One, 4.375%, 5/01/30	50,000	50,455
South Fork East Community Development District, Special Assessment, Refunding, Series 2005, 4.00%, 5/01/31	1,305,000	1,257,715
Southern Groves Community Development District No. 5,
Special Assessment, Series 2022, 5.80%, 5/01/42	400,000	428,527
Special Assessment, Series 2024, 5.45%, 5/01/44	350,000	354,781
St. Augustine Lakes Community Development District,
2022 Project, Special Assessment, 4.70%, 6/15/29	360,000	364,047
2022 Project, Special Assessment, 5.375%, 6/15/42	60,000	61,714
a Stillwater Community Development District, 2021 Project, Special Assessment, 3.00%, 6/15/31	100,000	91,580
a Stuart Crossing Community Development District, Assessment Area One Project, Special Assessment, 4.375%, 5/01/31	195,000	195,436
Summer Woods Community Development District, Assessment Area Three Project, Special Assessment, 3.15%, 5/01/31	75,000	69,223
Summit View Community Development District, Assessment Area Two, Special Assessment, 4.75%, 5/01/31	480,000	480,690
Sunbridge Stewardship District, Special Assessment, Series 2022, 4.50%, 5/01/27	135,000	135,865
Tamarindo Community Development District, Special Assessment, Series 2021, 3.00%, 5/01/31	100,000	91,693
Timber Creek Southwest Community Development District, Special Assessment, Series 2020, 3.00%, 6/15/30	150,000	139,051
Tohoqua Community Development District,
Phase 2 Project, Special Assessment, 2.875%, 5/01/31	100,000	93,958
Phase 4A/5A Project, Special Assessment, Series 2021, 2.50%, 5/01/26	115,000	111,749
Tradition Community Development District No. 9, Special Assessment, Series 2021, 2.70%, 5/01/31	100,000	89,728
a Trevesta Community Development District, Assessment Area Two, Special Assessment, 3.25%, 5/01/30	100,000	97,348
Twisted Oaks Pointe Community Development District, Assessment Area Two Project, Special Assessment, 5.875%, 5/01/43	170,000	176,517
a Two Lakes Community Development District, Special Assessment, Series 2017, 4.00%, 12/15/28	245,000	242,827
Two Rivers West Community Development District,
Special Assessment, Series 2, 5.25%, 5/01/28	320,000	324,459
Special Assessment, Series 2, 5.375%, 5/01/33	150,000	155,753
V-Dana Community Development District, Assessment Area One-2021 Project, Special Assessment, Series 2021P, 3.125%, 5/01/31	100,000	92,995
Veranda Community Development District II,
Assessment Area 5, Special Assessment, Refunding, 4.50%, 5/01/31	360,000	363,439
a Special Assessment, Refunding, 3.10%, 5/01/31	70,000	64,545
Viera Stewardship District, Village 2, Special Assessment, Series 2021, 2.80%, 5/01/31	130,000	117,118
Village Community Development District No. 13, Limited Offering, Special Assessment, Series 2019, 3.00%, 5/01/29	100,000	96,000

FRANKLIN TEMPLETON ETF TRUST

SCHEDULE OF INVESTMENTS, June 30, 2024 (unaudited) (continued)

 

Villamar Community Development District,
Assessment Area Five Project, Special Assessment, 5.625%, 5/01/43	60,000	62,282
Assessment Area Six Project, Special Assessment, 4.625%, 5/01/31	210,000	212,413
Waterset South Community Development District, Special Assessment, Series 2022, 5.375%, 5/01/32	100,000	104,122
West Villages Improvement District,
Unit of Development No 7, Special Assessment, 3.125%, 5/01/31	100,000	92,662
Unit of Development No 8, Special Assessment, 4.625%, 5/01/29	175,000	177,118
Willowbrook Community Development District, Special Assessment, Assessment Area One Project, 4.95%, 5/01/31	205,000	206,054
Windsor Cay Community Development District, Special Assessment, Assessment Area One Project, 4.60%, 5/01/31	250,000	251,313
Windward Community Development District,
Special Assessment, Series 2020A-1, 3.65%, 5/01/30	100,000	96,094
Special Assessment, Series A-1, 3.00%, 5/01/25	60,000	59,347
Wiregrass II Community Development District, Assessment Area Two, Special Assessment, 4.50%, 5/01/27	225,000	225,486
		34,301,882
Georgia 4.2%
a Development Authority of Rockdale County, AHPC Terraces at Fieldstone LLC, Series 2021B-S, 4.50%, 12/01/36	100,000	88,521
a George L Smith II Congress Center Authority, Signia Hotel Management LLC, 3.625%, 1/01/31	350,000	334,104
Main Street Natural Gas, Inc.,
a,c Gas Supply Revenue, VRDN, Series C, 4.00%, 8/01/52	2,000,000	1,974,723
c Series A, 5.00%, 6/01/53	3,550,000	3,754,626
c Series B, 5.00%, 12/01/54	1,000,000	1,060,247
c Series E, 5.00%, 12/01/53	1,325,000	1,417,256
c Series E-2, SOFR + 1.70%, 5.278%, 12/01/53	1,000,000	1,027,091
		9,656,568
Idaho 0.5%
Idaho Housing & Finance Association,
a College of Idaho Inc, Refunding, 5.00%, 11/01/25	750,000	754,087
White Pine Charter School Project, 5.25%, 5/01/38	300,000	319,954
		1,074,041
Illinois 7.1%
e Chicago Board of Education, Refunding, Series A, zero cpn., 12/01/25	500,000	470,801
Chicago Board of Education Dedicated Capital Improvement Tax,
5.00%, 4/01/38	2,155,000	2,363,592
5.25%, 4/01/39	1,000,000	1,108,592
Chicago Midway International Airport, AMT, Refunding, Series A, 5.50%, 1/01/38	750,000	851,511
City of Chicago,
Refunding, Series A, 5.00%, 1/01/34	1,100,000	1,178,387
Series A, 5.50%, 1/01/40	1,700,000	1,841,428
Series A, 5.50%, 1/01/49	1,320,000	1,365,066
Illinois Finance Authority,
a Acero Charter Schools Inc Obligated Group, VRDN, 4.00%, 10/01/31	180,000	177,098
Chicago School - California, Inc., 5.25%, 4/01/44	1,070,000	1,139,660
c Field Museum of Natural History, Refunding, VRDN, SOFR + 1.20%, 4.938%, 11/01/34	390,000	389,625
c OSF Healthcare System Obligated Group, VRDN, Refunding, 5.00%, 5/15/50	760,000	777,004
Westminster Village Inc Obligated Group, Series A, Refunding, 5.25%, 5/01/38	1,100,000	1,094,572
Metropolitan Pier & Exposition Authority,
McCormick Place Expansion, Refunding, 3.00%, 6/15/25	1,000,000	988,666
e zero cpn., 12/15/30	300,000	230,891
Southwestern Illinois Development Authority,
e Madison County Community Unit School District No 7 Edwardsville, zero cpn., 12/01/24	155,000	152,612
e Madison County Community Unit School District No 7 Edwardsville, zero cpn., 12/01/24	95,000	93,345
St. Clair County Community Unit School District No. 187 Cahokia,
Series A, 5.00%, 1/01/40	325,000	356,380
Series B, 5.00%, 1/01/40	210,000	223,545
State of Illinois,
6.00%, 11/01/26	975,000	996,762
Series 2021B, 3.00%, 12/01/41	500,000	412,847

FRANKLIN TEMPLETON ETF TRUST

SCHEDULE OF INVESTMENTS, June 30, 2024 (unaudited) (continued)

 

a Upper Illinois River Valley Development Authority, 2018 IAVF Timber Oaks & Prairie View Obligated Group, Refunding, 3.50%, 12/01/32	110,524	99,154
Village of Villa Park, Garden Station Redevelopment Area, 12/31/38	100,000	80,971
		16,392,509
Indiana 1.0%
a City of Goshen, Green Oaks of Goshen LLC, 4.75%, 8/01/24	130,000	129,735
a City of Jeffersonville, Vivera Senior Living of Columbus LLC, Series 2020A, 4.75%, 11/01/30	100,000	90,108
Indiana Finance Authority,
Ohio Valley Electric Corp, Series 2012C, 3.00%, 11/01/30	150,000	140,724
University of Evansville, 7.00%, 9/01/32	180,000	171,392
a Indiana Housing & Community Development Authority, Vita of Marion LLC, Series 2021A, 5.00%, 4/01/31	765,000	706,170
Indianapolis Local Public Improvement Bond Bank, Convention Center Hotel, 5.50%, 3/01/38	1,000,000	1,110,556
		2,348,685
Iowa 2.1%
Iowa Finance Authority,
c Iowa Fertilizer Co LLC, Refunding, 5.00%, 12/01/50	2,425,000	2,562,975
Lifespace Communities Inc Obligated Group, Refunding, 6.75%, 5/15/33	770,000	857,043
Lifespace Communities Inc Obligated Group, Series A, 4.125%, 5/15/38	125,000	113,911
Lifespace Communities Inc Obligated Group, Series A, 5.00%, 5/15/32	500,000	501,653
Lifespace Communities Inc Obligated Group, Series A, 5.00%, 5/15/41	60,000	58,528
c Lifespace Communities Inc Obligated Group, Series B, SOFR + 0.55%, 4.288%, 5/15/56	500,000	469,447
Lifespace Communities, Inc., Series A, 5.00%, 5/15/43	200,000	191,964
Iowa Tobacco Settlement Authority, Refunding, Series 2021B-1, 4.00%, 6/01/49	85,000	84,425
		4,839,946
Kentucky 1.4%
c County of Owen, American Water Capital Corp, Refunding, VRDN, Series A, 2.45%, 6/01/39	100,000	92,814
Kentucky Public Energy Authority,
c Kentucky Public Energy Authority, VRDN, Series A-2, SOFR + 1.20%, 4.778%, 8/01/52	1,285,000	1,271,799
c Refunding, Series B, 5.00%, 1/01/55	1,765,000	1,865,060
Louisville/Jefferson County Metropolitan Government, Bellarmine University Inc, Refunding, 4.00%, 5/01/29	100,000	93,276
		3,322,949
Louisiana 0.9%
Lakeshore Villages Master Community Development District, Special Assessment, Series 2022, 5.00%, 6/01/32	245,000	246,743
Louisiana Local Government Environmental Facilities & Community Development Authority,
a Parish of St John the Baptist LA, 3.90%, 11/01/44	175,000	160,224
a Patriot Services Group Obligated Group, 5.25%, 10/01/32	145,000	125,767
Westlake Corp, Refunding, 3.50%, 11/01/32	1,625,000	1,571,197
		2,103,931
Maryland 0.6%
City of Baltimore,
Harbor Point Special Taxing District, 4.25%, 6/01/26	375,000	372,118
a Harbor Point Special Taxing District, Refunding, 3.25%, 6/01/31	100,000	91,045
County of Frederick, Oakdale-Lake Linganore Development District, 3.25%, 7/01/29	140,000	130,715
a Town of La Plata MD, Heritage Green Special Taxing District, 5.75%, 2/15/35	680,000	679,213
		1,273,091
Massachusetts 0.3%
Massachusetts Development Finance Agency,
Foxborough Regional Charter School, Refunding, 5.00%, 7/01/27	80,000	80,236
Salem Community Corp Obligated Group, Refunding, 5.00%, 1/01/28	200,000	200,000
Massachusetts Educational Financing Authority, AMT, Series B, 4.25%, 7/01/44	500,000	482,038
		762,274
Michigan 1.9%
City of Detroit,
Series A, 5.00%, 4/01/35	350,000	370,666
Series C, 6.00%, 5/01/43	375,000	428,999

FRANKLIN TEMPLETON ETF TRUST

SCHEDULE OF INVESTMENTS, June 30, 2024 (unaudited) (continued)

 

Grand Rapids Economic Development Corp., Michigan Christian Home Obligated Group, Refunding, 4.00%, 11/01/27	285,000	276,078
a Kalamazoo Economic Development Corp., Friendship Village of Kalamazoo Obligated Group, Refunding, 5.00%, 8/15/31	110,000	106,662
Michigan Finance Authority,
Lawrence Technological University Obligated Group, Refunding, 4.00%, 2/01/27	145,000	141,430
Lawrence Technological University Obligated Group, Refunding, 4.00%, 2/01/32	285,000	269,373
Provident Group - HFH Energy LLC, 4.125%, 2/29/44	870,000	855,013
University of Detroit Mercy Obligated Group, 5.25%, 11/01/35	750,000	761,577
University of Detroit Mercy Obligated Group, Refunding, 5.25%, 11/01/39	500,000	500,340
Michigan Strategic Fund,
Improvement Project-P3, AMT, 4.125%, 6/30/35	620,000	619,977
State of Michigan Department of Transportation, AMT, 5.00%, 6/30/48	100,000	101,088
		4,431,203
Minnesota 0.7%
Duluth Economic Development Authority, Benedictine Health System Obligated Group, Refunding, 4.00%, 7/01/31	125,000	117,834
c Minnesota Municipal Gas Agency, VRDN, Series B, SOFR + 1.00%, 4.578%, 12/01/52	1,400,000	1,399,781
		1,517,615
Mississippi 0.8%
a Mississippi Development Bank, Magnolia Regional Health Center, Refunding, 5.00%, 10/01/31	150,000	152,705
Mississippi Home Corp.,
a Patriot Services Group Obligated Group, Series 2021D-8, 3.50%, 6/01/33	100,000	86,383
Patriot Services Group Pascagoula Portfolio II Obligated Group, Series 2021A, 3.65%, 6/01/33	100,000	87,441
Series C, 4.65%, 12/01/44	1,500,000	1,519,225
		1,845,754
Missouri 0.0%†
City of Maryland Heights, Westport Plaza Redevelopment, 3.625%, 11/01/31	25,000	24,785
Nevada 0.3%
City of Las Vegas Special Improvement District No. 611, Special Improvement District No 611, Special Assessment, 3.50%, 6/01/31	160,000	145,657
City of Las Vegas Special Improvement District No. 816, Special Assessment, 2.50%, 6/01/29	200,000	176,694
a City of North Las Vegas, NV Special Improvement District No 66, Special Assessment, 5.00%, 6/01/28	140,000	141,290
Tahoe-Douglas Visitors Authority, 5.00%, 7/01/31	250,000	261,563
		725,204
New Jersey 0.6%
New Jersey Economic Development Authority,
c American Water Co Inc, AMT, Refunding, VRDN, 2.20%, 10/01/39	100,000	88,072
Provident Group-Kean Properties LLC, 5.00%, 7/01/32	100,000	101,288
Provident Group-Kean Properties LLC, 5.00%, 7/01/37	50,000	50,268
United Airlines Inc, 5.25%, 9/15/29	250,000	250,242
New Jersey Higher Education Student Assistance Authority, AMT, Series B, 4.00%, 12/01/44	1,000,000	953,981
		1,443,851
New York 7.8%
Metropolitan Transportation Authority,
Green Bond, Series 2017C-1, 5.00%, 11/15/28	935,000	991,085
Green Bond, Series 2017C-1, 5.00%, 11/15/30	530,000	561,479
New York City Municipal Water Finance Authority,
c New York City Water & Sewer System, Series BB, 4.90%, 6/15/49	3,245,000	3,245,000
c VRDN, 4.90%, 6/15/33	2,305,000	2,305,000
New York State Dormitory Authority, St Joseph’s College, 5.00%, 7/01/30	65,000	65,327
a,c New York State Environmental Facilities Corp., Casella Waste Systems Inc, AMT, VRDN, 5.125%, 9/01/50	250,000	258,823
New York Transportation Development Corp.,
American Airlines Inc, AMT, Refunding, 2.25%, 8/01/26	90,000	87,762
American Airlines Inc, AMT, Refunding, 3.00%, 8/01/31	210,000	198,022
American Airlines Inc, AMT, Refunding, 5.25%, 8/01/31	80,000	84,905
Delta Air Lines Inc, AMT, 5.00%, 1/01/25	250,000	251,201

FRANKLIN TEMPLETON ETF TRUST

SCHEDULE OF INVESTMENTS, June 30, 2024 (unaudited) (continued)

 

Delta Air Lines Inc, AMT, 5.625%, 4/01/40	235,000	255,708
Delta Air Lines Inc, AMT, 6.00%, 4/01/35	1,790,000	2,024,480
Delta Air Lines, Inc, AMT, 4.00%, 1/01/36	1,480,000	1,480,905
Delta Air Lines, Inc, AMT, 5.00%, 10/01/40	3,815,000	3,971,594
JFK NTO LLC, AMT, 5.25%, 6/30/43	500,000	533,816
JFK NTO LLC, AMT, 5.50%, 6/30/38	250,000	272,918
a Oneida Indian Nation of New York, Series B, 6.00%, 9/01/43	250,000	274,270
Suffolk Regional Off-Track Betting Co., 5.75%, 12/01/44	1,000,000	1,042,902
		17,905,197
North Carolina 0.2%
North Carolina Medical Care Commission, United Methodist Retirement Homes Inc Obligated Group, 4.25%, 10/01/28	350,000	351,760
North Dakota 0.8%
City of Horace, Refunding, Series B, 5.125%, 7/01/25	500,000	500,256
County of Burleigh, University of Mary, 5.10%, 4/15/36	250,000	251,210
a,d County of Grand Forks, Red River Biorefinery LLC, AMT, 6.625%, 12/15/31	125,000	3,750
f  North Dakota Housing Finance Agency, Series C, 4.65%, 7/01/44	1,000,000	1,004,363
		1,759,579
Ohio 2.1%
Akron Bath Copley Joint Township Hospital District, Summa Health System Obligated Group, Refunding, 4.00%, 11/15/33	550,000	537,533
Columbus Metropolitan Housing Authority, Waldren Woods project, 4.00%, 6/01/34	500,000	492,692
County of Cuyahoga, Eliza Jennings Obligated Group, Refunding, 5.00%, 5/15/32	505,000	504,645
County of Franklin,
Ohio Living Obligated Group, Refunding, 4.00%, 7/01/33	200,000	184,552
Ohio Living Obligated Group, Series B, 4.00%, 7/01/28	225,000	215,205
Wesley Communities Obligated Group, Refunding, 5.00%, 11/15/30	100,000	101,136
Franklin County Convention Facilities Authority, Hotel Project Revenue, 5.00%, 12/01/30	100,000	101,665
c Ohio Air Quality Development Authority, Duke Energy Corp, AMT, Refunding, VRDN, 4.25%, 11/01/39	2,280,000	2,293,803
Ohio Higher Educational Facility Commission, Cleveland Institute of Music/The, 5.00%, 12/01/32	300,000	305,452
Ohio Housing Finance Agency, Middletown Phase I Project, 8.00%, 8/01/34	100,000	103,626
		4,840,309
Oregon 0.5%
c Oregon State Facilities Authority, 4.90%, 8/01/34	1,200,000	1,200,000
Pennsylvania 2.0%
Allegheny County Higher Education Building Authority, Robert Morris University, 5.00%, 10/15/26	70,000	69,815
Allentown Neighborhood Improvement Zone Development Authority,
a City Center Project, 5.00%, 5/01/28	100,000	101,967
a City Center Project, 5.25%, 5/01/42	200,000	199,416
Berks County Industrial Development Authority,
Tower Health Obligated Group, Refunding, 5.00%, 11/01/29	250,000	157,500
Tower Health Obligated Group, Tower Health Project, Refunding, 4.00%, 11/01/31	560,000	352,800
Chester County Industrial Development Authority, Avon Grove Charter School, 5.00%, 3/01/27	1,000,000	1,010,164
Franklin County Industrial Development Authority, Menno-Haven Inc Obligated Group, Refunding, 5.00%, 12/01/28	100,000	100,744
c Luzerne County Industrial Development Authority, Pennsylvania-American Water Co., AMT, Refunding, VRDN, 2.45%, 12/01/39	100,000	90,132
Pennsylvania Economic Development Financing Authority,
Philadelphia Water Department, Refunding, 4.00%, 1/01/31	425,000	416,256
c Talen Energy Supply LLC, Refunding, VRDN, 5.25%, 12/01/38	1,000,000	1,010,427
UPMC Obligated Group, Series 2017A, 3.375%, 11/15/33	150,000	146,062
Pennsylvania Economic Development Financing Authority Parking System Revenue, Refunding, 5.00%, 1/01/26	500,000	508,108
Redevelopment Authority of the City of Philadelphia, Social Bond, Series 2021A, 2.799%, 9/01/33	500,000	415,478
		4,578,869

FRANKLIN TEMPLETON ETF TRUST

SCHEDULE OF INVESTMENTS, June 30, 2024 (unaudited) (continued)

 

Puerto Rico 2.0%
Commonwealth of Puerto Rico,
Series 2021A1, 4.00%, 7/01/33	359,628	360,979
Series 2021A1, 4.00%, 7/01/35	8,654	8,518
Series 2021A1, 4.00%, 7/01/37	35,173	33,960
Series 2021A1, 4.00%, 7/01/41	38,099	35,637
Series 2021A1, 5.625%, 7/01/27	113,932	118,967
Series 2021A1, 5.625%, 7/01/29	502,861	540,033
Series 2021A1, 5.75%, 7/01/31	1,335,407	1,485,477
c VRDN, 11/01/43	42,678	26,194
e zero cpn., 7/01/24	1,570	1,570
e zero cpn., 7/01/33	12,391	8,285
GDB Debt Recovery Authority of Puerto Rico, 7.50%, 8/20/40	1,324,964	1,288,527
HTA HRRB Custodial Trust, 5.25%, 7/01/32	38,487	38,292
Puerto Rico Commonwealth Aqueduct & Sewer Authority, Series A, 6.125%, 7/01/24	5,000	5,000
Puerto Rico Electric Power Authority,
Refunding, 5.25%, 7/01/32	175,000	173,380
Refunding, Series V, 5.25%, 7/01/27	170,000	170,373
Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing
Authority,
Hospital Auxilio Mutuo Obligated Group, Refunding, 4.00%, 7/01/37	100,000	94,897
Hospital Auxilio Mutuo Obligated Group, Refunding, 4.00%, 7/01/39	100,000	94,071
Hospital Auxilio Mutuo Obligated Group, Refunding, 4.00%, 7/01/40	100,000	93,573
		4,577,733
South Carolina 2.3%
County of Dorchester, SC Summers Corner Improvement District, Special Assessment, 4.50%, 10/01/33	415,000	408,536
a County of Richland, Village at Sandhill Improvement District, Special Assessment, Refunding, 3.00%, 11/01/26	100,000	94,139
Patriots Energy Group Financing Agency,
c VRDN, Refunding, SOFR + 1.90%, 5.471%, 2/01/54	50,000	51,951
c VRDN, Series A1, 5.25%, 10/01/54	4,000,000	4,286,776
South Carolina Jobs-Economic Development Authority,
AHPC Vista Towers 2021 LLC, 3.65%, 12/01/36	100,000	86,695
a Columbia Portfolio Obligated Group, 6/01/37	315,000	249,241
a Orchard Pk and Willowbrook Apartment, 3.65%, 12/01/36	100,000	86,695
		5,264,033
Tennessee 4.9%
Chattanooga Health Educational & Housing Facility Board, CommonSpirit Health Obligated Group, Series A, 4.00%, 8/01/38	1,125,000	1,117,537
Cleveland Housing Authority,
a Cleveland Forward Phase One LLC, 6.25%, 4/01/41	300,000	303,251
a Cleveland Forward Phase Two LLC, 6.25%, 4/01/41	100,000	101,084
Knox County Health Educational & Housing Facility Board, 5.00%, 7/01/38	425,000	468,823
c Tennergy Corp., Series A, 5.50%, 10/01/53	2,560,000	2,736,668
c Tennessee Energy Acquisition Corp., Series A, 5.00%, 5/01/52	6,310,000	6,698,926
		11,426,289
Texas 11.7%
a,f Arlington Higher Education Finance Corp., BASIS Texas Charter Schools Inc, 4.50%, 6/15/44	830,000	801,343
Cedar Port Navigation & Improvement District, 4.00%, 9/01/38	1,450,000	1,457,956
a City of Anna, Hurricane Creek Public Improvement District Impt Area No 2, Special Assessment, 5.00%, 9/01/28	583,000	581,567
City of Aubrey, Jackson Ridge Public Improvement District, Special Assessment, 5.00%, 9/01/25	505,000	511,970
a City of Austin, Whisper Valley Public Improvement District Improvement Area 2, Special Assessment, 4.75%, 11/01/29	164,000	162,722
a City of Boyd, Public Improvement District No 1 Improvement Area No 1, Special Assessment, 4.25%, 9/15/30	189,000	188,887

FRANKLIN TEMPLETON ETF TRUST

SCHEDULE OF INVESTMENTS, June 30, 2024 (unaudited) (continued)

 

City of Celina,
a Celina Hills Public Improvement District, Special Assessment, 4.375%, 9/01/27	75,000	73,623
a Chalk Hill Public Improvement District No 2, Special Assessment, 5.00%, 9/01/30	185,000	184,271
a Creeks of Legacy Public Improvement District Phase No 3, Special Assessment, 3.625%, 9/01/30	100,000	90,634
a Edgewood Creek Public Improvement District, Special Assessment, 3.75%, 9/01/31	180,000	163,193
a Pravin Public Improvement District, Special Assessment, 6.50%, 9/01/43	103,000	104,105
a Sutton Fields II Public Improvement District, Special Assessment, 2.875%, 9/01/27	75,000	69,034
a The Parks at Wilson Creek Public Improvement District, Special Assessment, 3.25%, 9/01/31	110,000	99,163
a Wells North Public Improvement District, Special Assessment, 3.25%, 9/01/30	180,000	162,025
a City of Crandall, Cartwright Ranch Public Improvement District Major Impt Are, Special Assessment, 4.75%, 9/15/31	100,000	97,865
City of Fate,
a Monterra Public Improvement District, Special Assessment, 2.75%, 8/15/26	59,000	55,881
a Williamsburg East Public Improvement District, Special Assessment, 3.375%, 8/15/30	145,000	129,224
City of Horseshoe Bay, Escondido Public Improvement District, Special Assessment, Refunding, 3.00%, 10/01/30	140,000	124,394
a City of Hutto, Emory Crossing Public Improvement District Impt Area No 2, Special Assessment, 4.50%, 9/01/30	270,000	271,361
a City of Justin, Timberbrook Public Improvement District No. 2 Area No. 1, Special Assessment, 4.50%, 9/01/31	153,000	153,795
City of Kyle,
a 6 Creeks Public Improvement District Improvement Area No 4, Special Assessment, 4.50%, 9/01/33	550,000	553,415
a Creeks Public Improvement District, Special Assessment, 2.75%, 9/01/26	100,000	96,685
Kyle 57 Public Improvement District, Series 2022, 4.75%, 9/01/32	133,000	133,153
a Limestone Creek Public Improvement District Improvement Area #1, Special Assessment, 5.50%, 9/01/44	550,000	552,787
a Plum Creek North Public Improvement District, Special Assessment, 4.375%, 9/01/32	215,000	207,356
a Southwest Kyle Public Improvement District No 1 Impt Area No 2, Special Assessment, 5.75%, 9/01/30	100,000	101,621
City of Lago Vista,
a Tessera on Lake Travis Public Improvement District, Special Assessment, Refunding, 5.00%, 9/01/30	140,000	131,605
Tessera on Lake Travis Public Impt Dist Impt Area No 1, Special Assessment, Refunding, 3.125%, 9/01/30	130,000	118,204
City of Lavon,
a Lakepointe Public Improvement District, Special Assessment, 5.25%, 9/15/28	407,000	406,890
a Lakepointe Public Improvement District, Special Assessment, 5.875%, 9/15/42	355,000	361,633
City of Leander, Oak Creek Public Improvement District, Special Assessment, Refunding, 3.25%, 9/01/32	100,000	89,076
a City of Liberty Hill, Summerlyn West Public Improvement District, Special Assessment, 3.125%, 9/01/30	75,000	68,250
a City of Manor, Manor Heights Public Improvement District Area No 3, Special Assessment, 5.25%, 9/15/43	200,000	198,928
a City of Mclendon-Chisholm, Sonoma Public Improvement District, Special Assessment, 5.375%, 9/15/32	155,000	156,110
City of Mesquite,
a Heartland Town Center Public Improvement District Phase 2, Special Assessment, 4.00%, 9/01/30	130,000	128,846
a Solterra Public Improvement District Improvement Area C-1, Special Assessment, 5.375%, 9/01/43	102,000	102,599
City of Pilot Point,
a Creekview Public Improvement District, Special Assessment, Series 2022, 5.25%, 9/15/32	150,000	151,039
a Creekview Public Improvement District, Special Assessment, Series 2022, 5.75%, 9/15/32	145,000	145,631
City of Princeton,
a TX Whitewing Trails Public Improvement District No 2 Phase 2, Special Assessment, 4.25%, 9/01/30	125,000	121,726
a Winchester Public Improvement District, Special Assessment, 2.875%, 9/01/31	100,000	86,510
a Winchester Public Improvement District, Special Assessment, 3.25%, 9/01/30	100,000	89,880
a City of Royse City, Creekshaw Public Improvement District, Special Assessment, 3.125%, 9/15/25	135,000	131,636

FRANKLIN TEMPLETON ETF TRUST

SCHEDULE OF INVESTMENTS, June 30, 2024 (unaudited) (continued)

 

City of Sachse,
a Sachse Public Improvement District No 1 Improvement Area No 1, Special Assessment, 5.00%, 9/15/28	278,000	280,374
a Sachse Public Improvement District No 1 Improvement Area No 1, Special Assessment, 5.625%, 9/15/42	100,000	102,556
a Sachse Public Improvement District No 1, Special Assessment, 6.00%, 9/15/28	100,000	100,518
a TX Sachse Public Improvement District No 1, Special Assessment, 6.875%, 9/15/42	165,000	169,958
City of Tomball,
a Raburn Reserve Public Improvement District Area No 2, Special Assessment, 4.875%, 9/15/33	145,000	145,946
a Raburn Reserve Public Improvement District, Special Assessment, 3.375%, 9/15/30	100,000	91,545
a City of Uhland, Watermill Public Improvement District, Special Assessment, 5.75%, 9/01/27	100,000	100,699
County of Hays,
a La Cima Public Improvement District Neighborhood Impt Area 3, Special Assessment, 4.75%, 9/15/27	398,000	395,302
a La Cima Public Improvement District Neighborhood Impt Area 3, Special Assessment, 4.875%, 9/15/32	375,000	374,629
a La Cima Public Improvement District, Special Assessment, 3.25%, 9/15/30	150,000	132,753
a County of Medina, Woodlands Public Improvement District IA#1 Project, Special Assessment, 3.50%, 9/01/26	100,000	95,361
Fulshear Municipal Utility District No. 3A, 4.25%, 9/01/41	1,005,000	989,356
Harris County Municipal Utility District No. 171,
4.75%, 12/01/40	1,215,000	1,260,809
6.75%, 12/01/26	1,015,000	1,077,158
Harris County Municipal Utility District No. 502, 4.75%, 9/01/37	1,060,000	1,102,885
Harris-Waller Counties Municipal Utility District No. 4,
5.00%, 11/01/36	415,000	418,193
5.50%, 11/01/44	265,000	266,559
Lakes Fresh Water Supply District of Denton County, 4.375%, 9/01/42	1,350,000	1,357,656
Matagorda County Navigation District No. 1, CenterPoint Energy Inc, Refunding, 5.125%, 11/01/28	1,000,000	1,026,282
New Hope Cultural Education Facilities Finance Corp.,
CHF-Collegiate Housing College Station I LLC, 5.00%, 4/01/29	100,000	100,042
CHF-Collegiate Housing Corpus Christi II LLC, 5.00%, 4/01/31	30,000	30,767
NCCD-College Station Properties LLC, Series A, 5.00%, 7/01/47	100,000	95,125
Wesleyan Homes Obligated Group, Refunding, 4.00%, 1/01/29	100,000	92,922
North Parkway Municipal Management District No. 1,
a Legacy Hills Public Improvement District, Special Assessment, 3.625%, 9/15/31	50,000	45,821
a Major Improvements Project, Special Assessment, 4.25%, 9/15/31	152,000	146,889
Northlake Municipal Management District No. 1, 5.00%, 3/01/40	925,000	952,468
a Northwood Municipal Utility District No. 1, Refunding, 4.00%, 8/01/31	250,000	246,774
South Manvel Development Authority, City of Manvel TX Tax Increment Reinvestment Zone Number 3, 5.00%, 4/01/38	275,000	275,089
Texas Municipal Gas Acquisition & Supply Corp. III, Refunding, 5.00%, 12/15/32	2,170,000	2,275,869
cTexas Municipal Gas Acquisition & Supply Corp. IV, Series B, 5.50%, 1/01/54	2,500,000	2,793,878
Travis County Municipal Utility District No. 22,
Series A, 5.75%, 9/01/38	275,000	279,530
Series B, 6.00%, 9/01/42	320,000	325,182
Viridian Municipal Management District,
5.00%, 12/01/25	100,000	101,674
Special Assessment, 2.875%, 12/01/30	100,000	86,571
Viridian Public Improvement District, Special Assessment, 2.375%, 12/01/25	27,000	25,875
		26,979,608
Utah 0.3%
Military Installation Development Authority, Series 2021A-2, 4.00%, 6/01/36	250,000	224,956
a Utah Charter School Finance Authority, Wallace Stegner Academy, Series 2022A, 5.25%, 6/15/32	230,000	237,705
Utah Infrastructure Agency, 5.00%, 10/15/32	250,000	263,158
		725,819

FRANKLIN TEMPLETON ETF TRUST

SCHEDULE OF INVESTMENTS, June 30, 2024 (unaudited) (continued)

 

Virginia 0.7%
a Peninsula Town Center Community Development Authority, Special Assessment, Refunding, 4.50%, 9/01/28	100,000	98,524
Virginia Beach Development Authority, Westminster-Canterbury on Chesapeake Bay Obligated Group, 5.75%, 9/01/30	1,000,000	1,039,920
c Virginia Small Business Financing Authority, VRDN, 5.00%, 11/01/52	500,000	500,065
		1,638,509
Washington 1.9%
Jefferson County Public Hospital District No. 2, Refunding, Series A, 5.75%, 12/01/33	500,000	498,690
Skagit County Public Hospital District No. 1, Refunding, 5.00%, 12/01/29	100,000	100,953
Washington Health Care Facilities Authority, CommonSpirit Health Obligated Group, Refunding, Series A, 5.00%, 8/01/34	1,000,000	1,069,421
a Fred Hutchinson Cancer Center Obligated Group, 3.00%, 12/01/34	125,000	114,288
a Fred Hutchinson Cancer Center Obligated Group, 5.00%, 12/01/32	250,000	269,982
Washington State Housing Finance Commission,
a eliseo Obligated Group, Series 2021A, 4.00%, 1/01/31	100,000	93,400
Emerald Heights Project, Refunding, Series A, 5.00%, 7/01/38	1,300,000	1,386,422
a Madison at Rivers Edge Apartments LLC, 3.65%, 1/01/37	100,000	86,718
a Presbyterian Retirement Communities Northwest Obligated Group, Series 2019A, 5.00%, 1/01/34	100,000	96,769
a Seattle Academy of Arts & Sciences, Refunding, 5.625%, 7/01/38	430,000	473,568
a Spokane United Methodist Homes Obligated Group, 5.00%, 1/01/32	100,000	98,284
		4,288,495
West Virginia 0.1%
c West Virginia Economic Development Authority, Appalachian Power Co., VRDN, 3.75%, 12/01/42	250,000	249,950
Wisconsin 2.0%
Public Finance Authority,
a Coral Academy of Science Reno, 5.375%, 6/01/37	335,000	342,038
a Dominium Holdings I LLC, Series 1, 6.81%, 4/28/36	500,000	509,234
a Estancia Valley Classical Academy, Refunding, 4.00%, 7/01/31	100,000	93,368
a Friends Homes Obligated Group, Refunding, 4.00%, 9/01/29	100,000	97,219
a Masonic & Eastern Star Home of NC Inc Obligated Group, Refunding, 4.00%, 3/01/27	35,000	34,824
North East Carolina Preparatory School, Inc., Refunding, 4.25%, 6/15/34	800,000	800,299
a Ocean Academy Charter School, 4.00%, 10/15/31	100,000	93,136
a Series 2023-B, 7.125%, 7/25/34	500,000	524,932
a Signature Preparatory, 5.00%, 6/15/31	115,000	114,930
Triad Math & Science Academy Co, 4.00%, 6/15/30	335,000	327,987
a UMA Education Inc, Refunding, 5.00%, 10/01/24	100,000	100,040
a UMA Education Inc, Refunding, 5.00%, 10/01/29	600,000	624,087
a Whitestone-Retirement Facilities, Refunding, 5.00%, 3/01/37	385,000	375,453
a,c WV 2020 Holdings LLC Obligated Group, VRDN, 3.50%, 12/01/50	100,000	84,452
Wisconsin Health & Educational Facilities Authority,
Wisconsin Masonic Home Obligated Group, 4.20%, 8/15/28	250,000	248,402
Wisconsin Masonic Home Obligated Group, 5.50%, 8/15/44	305,000	321,191
		4,691,592
Total Municipal Bonds (Cost $224,259,938)		227,923,497
c Senior Floating Rate Interests 0.4%
Household Products 0.2%
TBG Hillcrest Senior LP, 1 mo. USD Term SOFR + 1.55%, 6.878%, 8/01/24	372,332	372,332

FRANKLIN TEMPLETON ETF TRUST

SCHEDULE OF INVESTMENTS, June 30, 2024 (unaudited) (continued)

 

Real Estate Development 0.2%
Centennial Gardens LP, 1 mo. USD Term SOFR + 1.55%, 6.878%, 8/01/24	500,000		500,735
Total Floating Rate Loans (Cost $872,332)			873,067
Total Investments (Cost $227,588,832) 100.1%			231,259,088
Other Assets, less Liabilities (0.1)%			(126,071	)
Net Assets 100.0%		$	231,133,017

*The principal amount is stated in U.S. dollars unless otherwise indicated.

^†Rounds to less than 0.1% of net assets.

^aSecurity was purchased pursuant to Rule 144A under the Securities Act of 1933 and may be sold in transactions exempt from registration only to qualified institutional buyers or in a public offering registered under the Securities Act of 1933. At June 30, 2024, the value of was $39,268,403, representing 17.0% of net assets.

^bFair valued using significant unobservable inputs. See Note 4 regarding fair value measurements. ^cVariable rate security. The rate shown represents the yield at period end.

^dDefaulted securities.

^eThe security was issued on a discount basis with no stated coupon rate.

^fSecurity purchased on a when-issued basis.

Abbreviations

Selected Portfolio

AMT	–	Alternative Minimum Tax
CSCDA	–	California Statewide Communities Development Authority
LIBOR	–	London Interbank Offered Rate
SOFR	–	Secured Overnight Financing Rate
VRDN	–	Variable Rate Demand Note

FRANKLIN TEMPLETON ETF TRUST

Schedule of Investments, June 30, 2024 (unaudited)

Franklin Emerging Market Core Dividend Tilt Index ETF	Industry	Shares		Value
Common Stocks 97.5%
Australia 0.0%†
a Yancoal Australia Ltd.	Oil, Gas & Consumable Fuels		1,500	$	6,561
Brazil 3.5%
Alupar Investimento SA, UNIT	Electric Utilities		581		3,114
Ambev SA	Beverages		24,000		49,301
Banco Santander Brasil SA	Banks		2,000		9,887
BB Seguridade Participacoes SA	Insurance		3,500		20,750
Caixa Seguridade Participacoes SA	Insurance		3,000		7,729
Cia Energetica de Minas Gerais	Electric Utilities		1,950		4,290
Cia Paranaense de Energia - Copel	Electric Utilities		2,500		3,731
Cia Siderurgica Nacional SA	Metals & Mining		3,500		8,135
CPFL Energia SA	Electric Utilities		1,000		5,893
CSN Mineracao SA	Metals & Mining		3,000		2,803
Hypera SA	Pharmaceuticals		2,000		10,334
Itausa SA	Banks		5,500		9,743
Localiza Rent a Car SA	Ground Transportation		2,500		18,904
Lojas Renner SA	Specialty Retail		5,000		11,234
Natura & Co. Holding SA	Personal Care Products		5,500		15,388
Neoenergia SA	Electric Utilities		3,000		10,030
Petroleo Brasileiro SA	Oil, Gas & Consumable Fuels		11,000		79,968
Porto Seguro SA	Insurance		1,000		5,572
Telefonica Brasil SA	Diversified Telecommunication Services		2,000		16,326
TIM SA	Wireless Telecommunication Services		4,000		11,436
Vale SA	Metals & Mining		12,500		140,023
Vibra Energia SA	Specialty Retail		5,500		20,695
					465,286
Chile 0.4%
Banco de Chile	Banks		233,895		26,021
Banco Santander Chile	Banks		93,360		4,372
Cia Sud Americana de Vapores SA	Marine Transportation		79,040		5,004
Empresas CMPC SA	Paper & Forest Products		6,045		11,335
Enel Chile SA	Electric Utilities		127,015		7,145
					53,877
China 24.3%
37 Interactive Entertainment Network Technology Group Co. Ltd., Class A	Entertainment		1,000		1,787
Agricultural Bank of China Ltd., Class H	Banks		150,000		64,170
Alibaba Group Holding Ltd., Class A	Broadline Retail		20,275		183,081
Anhui Conch Cement Co. Ltd., Class A	Construction Materials		1,500		4,847
Anhui Conch Cement Co. Ltd., Class H	Construction Materials		6,170		14,699
ANTA Sports Products Ltd., Class A	Textiles, Apparel & Luxury Goods		3,040		29,203
Avary Holding Shenzhen Co. Ltd., Class A	Electronic Equipment, Instruments & Components		1,000		5,446
AviChina Industry & Technology Co. Ltd., Class H	Aerospace & Defense		5,000		2,248
Bank of Beijing Co. Ltd., Class A	Banks		9,000		7,199
Bank of Changsha Co. Ltd., Class A	Banks		2,000		2,241
Bank of Chengdu Co. Ltd., Class A	Banks		1,500		3,121
Bank of China Ltd., Class H	Banks		275,000		135,609
Bank of Communications Co. Ltd., Class A	Banks		16,000		16,371
Bank of Communications Co. Ltd., Class H	Banks		40,000		31,406
Bank of Jiangsu Co. Ltd., Class A	Banks		8,000		8,142
Bank of Nanjing Co. Ltd., Class A	Banks		4,500		6,404
Bank of Shanghai Co. Ltd., Class A	Banks		6,000		5,966
Bank of Suzhou Co. Ltd., Class A	Banks		1,500		1,541
BBMG Corp., Class A	Construction Materials		5,000		938
Beijing Enterprises Holdings Ltd., Class H	Gas Utilities		2,500		8,389
Beijing Jingneng Power Co. Ltd., Class A	Independent Power Producers & Energy Traders		2,500		1,109
BOC Hong Kong Holdings Ltd.	Banks		18,500		56,988
C&D International Investment Group Ltd.	Real Estate Management & Development		5,000		9,299

FRANKLIN TEMPLETON ETF TRUST

SCHEDULE OF INVESTMENTS, June 30, 2024 (unaudited) (continued)

 

China CITIC Bank Corp. Ltd., Class A	Banks	11,000	10,095
b China CITIC Bank Corp. Ltd., Class H	Banks	45,000	28,876
China Construction Bank Corp., Class A	Banks	2,000	2,027
China Construction Bank Corp., Class H	Banks	260,000	192,151
China Everbright Bank Co. Ltd., Class A	Banks	20,000	8,684
b China Everbright Bank Co. Ltd., Class H	Banks	15,000	4,669
a China Feihe Ltd.	Food Products	20,000	9,248
China Life Insurance Co. Ltd., Class H	Insurance	40,000	56,562
China Medical System Holdings Ltd.	Pharmaceuticals	7,000	5,935
China Merchants Bank Co. Ltd., Class A	Banks	7,000	32,781
China Merchants Bank Co. Ltd., Class H	Banks	17,000	77,190
China Merchants Expressway Network & Technology Holdings Co. Ltd., Class A	Transportation Infrastructure	2,500	4,061
China Merchants Port Holdings Co. Ltd.	Transportation Infrastructure	6,670	9,927
b China Minsheng Banking Corp. Ltd., Class A	Banks	15,500	8,046
China Minsheng Banking Corp. Ltd., Class H	Banks	35,000	12,104
China Overseas Land & Investment Ltd., Class A	Real Estate Management & Development	17,500	30,349
b China Pacific Insurance Group Co. Ltd., Class A	Insurance	1,500	5,724
China Pacific Insurance Group Co. Ltd., Class H	Insurance	6,000	14,648
China Petroleum & Chemical Corp., Class A	Oil, Gas & Consumable Fuels	17,000	14,716
China Petroleum & Chemical Corp., Class H	Oil, Gas & Consumable Fuels	126,000	81,661
a China Resources Mixc Lifestyle Services Ltd.	Real Estate Management & Development	2,000	6,622
China Shenhua Energy Co. Ltd., Class A	Oil, Gas & Consumable Fuels	2,500	15,193
China Shenhua Energy Co. Ltd., Class H	Oil, Gas & Consumable Fuels	17,500	80,581
a China Tower Corp. Ltd., Class H	Diversified Telecommunication Services	210,000	27,167
China Vanke Co. Ltd., Class A	Real Estate Management & Development	4,500	4,271
China Vanke Co. Ltd., Class H	Real Estate Management & Development	11,000	6,551
China Zhenhua Group Science & Technology Co. Ltd., Class A	Electronic Equipment, Instruments & Components	500	2,844
China Zheshang Bank Co. Ltd., Class A	Banks	9,000	3,402
China Zheshang Bank Co. Ltd., Class H	Banks	15,000	4,015
Chongqing Brewery Co. Ltd., Class A	Beverages	200	1,663
Chongqing Changan Automobile Co. Ltd., Class A	Automobiles	1,000	1,840
Chongqing Fuling Zhacai Group Co. Ltd., Class A	Food Products	500	839
Chongqing Rural Commercial Bank Co. Ltd., Class A	Banks	4,000	2,750
Chongqing Rural Commercial Bank Co. Ltd., Class H	Banks	10,000	4,906
Chow Tai Fook Jewellery Group Ltd., Class A	Specialty Retail	10,000	10,823
CITIC Ltd., Class B	Industrial Conglomerates	35,000	31,829
Citic Pacific Special Steel Group Co. Ltd., Class A	Metals & Mining	1,000	1,859
COFCO Sugar Holding Co. Ltd., Class A	Food Products	1,000	1,314
COSCO SHIPPING Development Co. Ltd., Class A	Trading Companies & Distributors	2,000	707
COSCO SHIPPING Holdings Co. Ltd., Class A	Marine Transportation	5,000	10,608
COSCO SHIPPING Holdings Co. Ltd., Class H	Marine Transportation	15,000	26,244
CSPC Pharmaceutical Group Ltd.	Pharmaceuticals	40,000	31,867
Daqin Railway Co. Ltd., Class A	Ground Transportation	6,500	6,375
DaShenLin Pharmaceutical Group Co. Ltd., Class A	Consumer Staples Distribution & Retail	500	979
Do-Fluoride New Materials Co. Ltd., Class A	Chemicals	500	838
b Easyhome New Retail Group Co. Ltd., Class A	Broadline Retail	3,000	999
ENN Energy Holdings Ltd.	Gas Utilities	4,000	32,969
Focus Media Information Technology Co. Ltd., Class A	Media	5,500	4,565
Foxconn Industrial Internet Co. Ltd., Class A	Electronic Equipment, Instruments & Components	4,000	15,012
Fuyao Glass Industry Group Co. Ltd., Class A	Automobile Components	500	3,280
a Fuyao Glass Industry Group Co. Ltd., Class H	Automobile Components	3,200	18,588
Ganfeng Lithium Group Co. Ltd., Class A	Chemicals	500	1,962
a Ganfeng Lithium Group Co. Ltd., Class H	Chemicals	2,000	3,899
b GCL Technology Holdings Ltd.	Semiconductors & Semiconductor Equipment	115,000	17,086
Gemdale Corp., Class A	Real Estate Management & Development	2,500	1,164
Giant Network Group Co. Ltd., Class A	Entertainment	500	647
Goneo Group Co. Ltd., Class A	Electrical Equipment	290	3,063
Guanghui Energy Co. Ltd., Class A	Oil, Gas & Consumable Fuels	3,000	2,753

FRANKLIN TEMPLETON ETF TRUST

SCHEDULE OF INVESTMENTS, June 30, 2024 (unaudited) (continued)

 

Guangxi Guiguan Electric Power Co. Ltd., Class A	Independent Power Producers & Energy Traders	2,000	2,101
Guangzhou Kingmed Diagnostics Group Co. Ltd., Class A	Health Care Providers & Services	500	1,862
Guangzhou Yuexiu Capital Holdings Group Co. Ltd., Class A	Capital Markets	2,500	1,698
Guotai Junan Securities Co. Ltd., Class A	Capital Markets	3,000	5,568
a Guotai Junan Securities Co. Ltd., Class H	Capital Markets	4,000	3,971
H World Group Ltd.	Hotels, Restaurants & Leisure	500	1,665
Hangzhou Binjiang Real Estate Group Co. Ltd., Class A	Real Estate Management & Development	1,000	994
Hangzhou Oxygen Plant Group Co. Ltd., Class A	Chemicals	500	1,524
Hebei Yangyuan Zhihui Beverage Co. Ltd., Class A	Food Products	500	1,457
Heilongjiang Agriculture Co. Ltd., Class A	Food Products	1,000	1,711
Henan Shenhuo Coal Industry & Electricity Power Co. Ltd., Class A	Metals & Mining	1,000	2,771
Henan Shuanghui Investment & Development Co. Ltd., Class A	Food Products	1,500	4,884
Hengan International Group Co. Ltd.	Personal Care Products	3,750	11,431
Hengli Petrochemical Co. Ltd., Class A	Chemicals	2,000	3,821
HLA Group Corp. Ltd., Class A	Specialty Retail	2,000	2,531
b Horizon Construction Development Ltd.	Trading Companies & Distributors	1,851	356
Huaibei Mining Holdings Co. Ltd., Class A	Metals & Mining	1,000	2,293
Huatai Securities Co. Ltd., Class A	Capital Markets	3,000	5,091
a Huatai Securities Co. Ltd., Class H	Capital Markets	7,000	7,738
Huaxia Bank Co. Ltd., Class A	Banks	7,000	6,136
Huaxin Cement Co. Ltd., Class A	Construction Materials	500	942
Huayu Automotive Systems Co. Ltd., Class A	Automobile Components	1,500	3,365
Hubei Xingfa Chemicals Group Co. Ltd., Class A	Chemicals	500	1,307
Hunan Valin Steel Co. Ltd., Class A	Metals & Mining	3,500	2,124
Industrial & Commercial Bank of China Ltd., Class H	Banks	245,000	145,605
b Industrial Bank Co. Ltd., Class A	Banks	8,000	19,307
Inner Mongolia ERDOS Resources Co. Ltd., Class A	Metals & Mining	700	951
Inner Mongolia ERDOS Resources Co. Ltd., Class B	Metals & Mining	2,500	2,085
Inner Mongolia Junzheng Energy & Chemical Industry Group Co. Ltd., Class A	Chemicals	4,500	2,274
Inner Mongolia MengDian HuaNeng Thermal Power Corp. Ltd., Class A	Independent Power Producers & Energy Traders	3,000	1,907
Inner Mongolia Yili Industrial Group Co. Ltd., Class A	Food Products	2,500	8,848
Inner Mongolia Yitai Coal Co. Ltd., Class B	Oil, Gas & Consumable Fuels	12,000	21,552
JA Solar Technology Co. Ltd., Class A	Semiconductors & Semiconductor Equipment	1,500	2,301
Jason Furniture Hangzhou Co. Ltd., Class A	Household Durables	500	2,211
JD.com, Inc., Class A	Broadline Retail	6,000	79,386
Jiangsu Expressway Co. Ltd., Class A	Transportation Infrastructure	500	863
b Jiangsu Expressway Co. Ltd., Class H	Transportation Infrastructure	6,000	6,402
Jiangsu Financial Leasing Co. Ltd., Class A	Financial Services	2,000	1,383
Jiangsu Phoenix Publishing & Media Corp. Ltd., Class A	Media	1,000	1,501
Jiangsu Yanghe Distillery Co. Ltd., Class A	Beverages	500	5,530
Jointown Pharmaceutical Group Co. Ltd., Class A	Health Care Providers & Services	2,580	1,725
KE Holdings, Inc., Class A	Real Estate Management & Development	6,000	29,664
b Keda Industrial Group Co. Ltd., Class A	Machinery	1,000	1,155
Kingboard Holdings Ltd.	Electronic Equipment, Instruments & Components	3,340	7,863