NPORT-P false 0000837274 XXXXXXXX S000007327 C000020125 C000020126 Franklin Templeton Variable Insurance Products Trust 811-05583 0000837274 549300PIBKZH7YTTWU55 One Franklin Parkway San Mateo 94403-1906 650-312-2000 Franklin Growth and Income VIP Fund S000007327 54930062WZFE42YV6G91 2019-12-31 2019-12-31 N 73451717.4 196681.88 73255035.52 0 0 0 0 0 0 0 0 0 0 0 0 0 0 N Dow Inc COM USD 0.01 5493003S21INSLK2IP73 260557103 4824.00000000 NS USD 264017.52000000 0.360408698358 Long EC CORP US N 1 N N N FASTENAL CO COM USD.01 529900PP0C7H2HHPSJ32 311900104 9700.00000000 NS USD 358415.00000000 0.489270119734 Long EC CORP US N 1 N N N US BANCORP COM USD.01 N1GZ7BBF3NP8GI976H15 902973304 15355.00000000 NS USD 910397.95000000 1.242778661613 Long EC CORP US N 1 N N N XCEL ENERGY INC COM USD2.5 LGJNMI9GH8XIDG5RCM61 98389B100 20296.00000000 NS USD 1288593.04000000 1.759050460972 Long EC CORP US N 1 N N N STANLEY BLACK & DECKER INC COM USD2.5 549300DJ09SMTO561131 854502101 2532.00000000 NS USD 419653.68000000 0.572866666463 Long EC CORP US N 1 N N N EMERSON ELECTRIC CO COM USD1 FGLT0EWZSUIRRITFOA30 291011104 11600.00000000 NS USD 884616.00000000 1.207583879689 Long EC CORP US N 1 N N N MSFT 6.50% ELN ISSUED BY BARCLAYS BANK PLC 6.50% ELN 11/05/2020 G5GSEF7VJP5I7OUK5573 06747D536 3000.00000000 NS USD 450869.71000000 0.615479477689 Long EP CORP GB N 2 N N N NORFOLK SOUTHERN CORP COM USD1 54930036C8MWP850MI84 655844108 6000.00000000 NS USD 1164780.00000000 1.590034038932 Long EC CORP US N 1 N N N APPLE INC COM USD.00001 HWUPKR0MPOU8FGXBT394 037833100 3532.00000000 NS USD 1037171.80000000 1.415836867237 Long EC CORP US N 1 N N N JOHNSON & JOHNSON COM USD1 549300G0CFPGEF6X2043 478160104 11165.00000000 NS USD 1628638.55000000 2.223244502496 Long EC CORP US N 1 N N N JPMORGAN CHASE & CO COM USD1 8I5DZWZKVSZI1NUHU748 46625H100 23900.00000000 NS USD 3331660.00000000 4.548028645881 Long EC CORP US N 1 N N N WALMART INC COM USD0.1 Y87794H0US1R65VBXU25 931142103 11000.00000000 NS USD 1307240.00000000 1.784505311779 Long EC CORP US N 1 N N N DUKE ENERGY CORP COM USD.001 I1BZKREC126H0VB1BL91 26441C204 15400.00000000 NS USD 1404634.00000000 1.917457264240 Long EC CORP US N 1 N N N MCDONALD'S CORP COM USD.01 UE2136O97NLB5BYP9H04 580135101 5800.00000000 NS USD 1146138.00000000 1.564585958991 Long EC CORP US N 1 N N N ROYAL DUTCH SHELL PLC SPONSORED ADR A 21380068P1DRHMJ8KU70 780259206 16813.00000000 NS USD 991630.74000000 1.353669045357 Long EC CORP GB N 1 N N N UNILEVER NV COM NY REGD NLG1 549300TK7G7NZTVM1Z30 904784709 13100.00000000 NS USD 752726.00000000 1.027541649057 Long EC CORP NL N 1 N N N CISCO SYSTEMS INC COM USD NPV 8E6NF1YAL0WT6CWXXV93 17275R102 12589.00000000 NS USD 603768.44000000 0.824200596879 Long EC CORP US N 1 N N N PROLOGIS INC REIT USD.01 529900DFH19P073LZ636 74340W103 6100.00000000 NS USD 543754.00000000 0.742275252670 Long EC CORP US N 1 N N N MERCK & CO INC COM USD.5 4YV9Y5M8S0BRK1RP0397 58933Y105 12700.00000000 NS USD 1155065.00000000 1.576772151976 Long EC CORP US N 1 N N N ARTHUR J GALLAGHER & CO COM USD1 54930049QLLMPART6V29 363576109 5866.00000000 NS USD 558619.18000000 0.762567618778 Long EC CORP US N 1 N N N CSCO 7.0% ELN Issued by Merrill Lynch International & Co. C.V. 7.00% ELN 3/11/2020 AHYI0DDQ2LCHPGHJC422 59027A466 9000.00000000 NS USD 435013.84000000 0.593834726735 Long EP CORP US N 2 N N N BANK OF AMERICA CORP COM USD.01 9DJT3UXIJIZJI4WXO774 060505104 53586.00000000 NS USD 1887298.92000000 2.576340188224 Long EC CORP US N 1 N N N Broadcom Inc 8% CNV PFD a *AVGOP* 549300WV6GIDOZJTV909 11135F200 375.00000000 NS USD 441738.75000000 0.603014860158 Long EP CORP US N 1 N N N BECTON DICKINSON AND CO 6.125% CNV PFD SER A *BDXA* ICE2EP6D98PQUILVRZ91 075887208 20450.00000000 NS USD 1338657.00000000 1.827392465920 Long EP CORP US N 1 N N N COMCAST CORP COM A USD1 (NEW) 51M0QTTNCGUN7KFCFZ59 20030N101 26400.00000000 NS USD 1187208.00000000 1.620650364268 Long EC CORP US N 1 N N N BASF SE ORD EUR NPV***REGISTERED SHARES*** 529900PM64WH8AF1E917 000000000 5237.00000000 NS 395548.82000000 0.539961269818 Long EC CORP DE N 1 N N N TEXAS INSTRUMENTS INC COM USD1 WDJNR2L6D8RWOEB8T652 882508104 6996.00000000 NS USD 897516.84000000 1.225194737302 Long EC CORP US N 1 N N N WELLS FARGO & CO COM USD.1666 PBLD0EJDB5FWOLXP3B76 949746101 14450.00000000 NS USD 777410.00000000 1.061237626166 Long EC CORP US N 1 N N N BAXTER INTERNATIONAL INC COM USD1 J5OIVXX3P24RJRW5CK77 071813109 10600.00000000 NS USD 886372.00000000 1.209980984526 Long EC CORP US N 1 N N N PEPSICO INC COM USD.017 FJSUNZKFNQ5YPJ5OT455 713448108 11498.00000000 NS USD 1571431.66000000 2.145151727584 Long EC CORP US N 1 N N N MORGAN STANLEY COM USD.01 IGJSJL3JD5P30I6NJZ34 617446448 33737.00000000 NS USD 1724635.44000000 2.354289268659 Long EC CORP US N 1 N N N HOST HOTELS & RESORTS INC REIT USD.01 N6EL63S0K3PB1YFTDI24 44107P104 42741.00000000 NS USD 792845.55000000 1.082308600865 Long EC CORP US N 1 N N N TARGET CORP COM USD.0833 8WDDFXB5T1Z6J0XC1L66 87612E106 6880.00000000 NS USD 882084.80000000 1.204128554083 Long EC CORP US N 1 N N N INTEL CORP COM USD.001 KNX4USFCNGPY45LOCE31 458140100 7357.00000000 NS USD 440316.45000000 0.601073287145 Long EC CORP US N 1 N N N TRACTOR SUPPLY CO COM USD.008 549300OJ9VZHZRO6I137 892356106 4700.00000000 NS USD 439168.00000000 0.599505545089 Long EC CORP US N 1 N N N OXY 8.0% ELN Issued by Citigroup Global Markets Holdings Inc 8.0% ELN 3/3/2020 82VOJDD5PTRDMVVMGV31 17326W183 11000.00000000 NS USD 627011.33000000 0.855929323560 Long EP CORP US N 2 N N N LOW 7.00% ELN ISSUED BY Royal Bank of Canada LOW 7.00% ELN 10/09/2020 ES7IP3U3RHIGC71XBU11 78013P725 3100.00000000 NS USD 365083.02000000 0.498372592967 Long EP CORP CA N 2 N N N DuPont de Nemours Inc COM USD 0.01 5493004JF0SDFLM8GD76 26614N102 3791.00000000 NS USD 243382.20000000 0.332239549503 Long EC CORP US N 1 N N N UNITEDHEALTH GROUP INC COM USD0.01 549300GHBMY8T5GXDE41 91324P102 3900.00000000 NS USD 1146522.00000000 1.565110155037 Long EC CORP US N 1 N N N RAYTHEON CO NEW COM NPV YR6K3WJN0KKLUPZSNL57 755111507 5916.00000000 NS USD 1299981.84000000 1.774597242049 Long EC CORP US N 1 N N N AVGO 10.0% ELN Issued by Barclays Bank PLC 10.0% ELN 6/23/2020 G5GSEF7VJP5I7OUK5573 06747B233 1800.00000000 NS USD 561318.52000000 0.766252471267 Long EP CORP GB N 2 N N N FAST 7% ELN Issued by Citigroup Global Markets Holdings Inc 7.00 ELN 12/22/2020 82VOJDD5PTRDMVVMGV31 17327U392 8000.00000000 NS USD 294484.96000000 0.401999613964 Long EP CORP US N 2 N N N PFIZER INC COM USD.05 765LHXWGK1KXCLTFYQ30 717081103 32563.00000000 NS USD 1275818.34000000 1.741611796299 Long EC CORP US N 1 N N N LOWE'S COMPANIES INC COM USD.5 WAFCR4OKGSC504WU3E95 548661107 4248.00000000 NS USD 508740.48000000 0.694478511120 Long EC CORP US N 1 N N N Truist Financial Corp COM USD5 549300DRQQI75D2JP341 89832Q109 29076.00000000 NS USD 1637560.32000000 2.235423556040 Long EC CORP US N 1 N N N PROCTER & GAMBLE CO COM NPV 2572IBTT8CCZW6AU4141 742718109 15400.00000000 NS USD 1923460.00000000 2.625703456897 Long EC CORP US N 1 N N N TELUS CORP ORD CAD NPV L2TEUTQ8OSHMJWVLCE40 87971M103 13100.00000000 NS 507213.92000000 0.692394613420 Long EC CORP CA N 1 N N N TJX 5.5% ELN Issued by JPMorgan Chase Bank, National Association 5.5% ELN 08/25/2020 7H6GLXDRUGQFU57RNE97 48128D677 9000.00000000 NS USD 540742.19000000 0.738163849299 Long EP CORP US N 2 N N N BAC 7.00% ELN ISSUED BY CREDIT SUISSE AG BAC 7.00% ELN 10/15/20 ANGGYXNX0JLX3X63JN86 22550T310 22000.00000000 NS USD 732301.59000000 0.999660412150 Long EP CORP CH N 2 N N N Danaher Corp 4.75% CNV PFD A *DHR PA* S4BKK9OTCEWQ3YHPFM11 235851300 400.00000000 NS USD 471616.00000000 0.643800111012 Long EP CORP US N 1 N N N SCHW 7.00% ELN ISSUED BY GOLDMAN SACHS INTERNATIONAL 7.00% ELN 01/17/20 W22LROWP2IHZNBB6K528 000000000 11800.00000000 NS USD 566912.57000000 0.773888874636 Long EP CORP GB N 2 N N N Fortive Corp 5% CNV PFD A *FTVVP* 549300MU9YQJYHDQEF63 34959J207 585.00000000 NS USD 569064.60000000 0.776826597599 Long EP CORP US N 1 N N N Aqua America Inc 6% CNV PFD *WTRU* 549300ILTEOF3E3QY357 03836W202 10900.00000000 NS USD 679615.00000000 0.927738271063 Long EP CORP US N 1 N N N SUNCOR ENERGY INC ORD USD NPV 549300W70ZOQDVLCHY06 867224107 30682.00000000 NS USD 1006369.60000000 1.373788972807 Long EC CORP CA N 1 N N N EXXON MOBIL CORP COM NPV J3WHBG0MTS7O8ZVMDC91 30231G102 12477.00000000 NS USD 870645.06000000 1.188512235124 Long EC CORP US N 1 N N N MICROSOFT CORP COM USD0.001 INR2EJN1ERAN0W5ZP974 594918104 13876.00000000 NS USD 2188245.20000000 2.987160110519 Long EC CORP US N 1 N N N REPUBLIC SERVICES INC COM USD.01 NKNQHM6BLECKVOQP7O46 760759100 13680.00000000 NS USD 1226138.40000000 1.673794014699 Long EC CORP US N 1 N N N HCA 6.00% ELN ISSUED BY GOLDMAN SACHS INTERNATIONAL HCA 6.00% ELN 12/23/2020 W22LROWP2IHZNBB6K528 000000000 3500.00000000 NS USD 513451.90000000 0.700910041685 Long EP CORP GB N 2 N N N ROGERS COMMUNICATIONS INC ORD B USD1.625 54930030NVF3Y2OL0A78 775109200 9744.00000000 NS USD 483984.48000000 0.660684247252 Long EC CORP CA N 1 N N N NESTLE SA ORD REGD CHF0.1 KY37LUS27QQX7BB93L28 H57312649 5400.00000000 NS 584727.95000000 0.798208540681 Long EC CORP CH N 1 N N N MEDTRONIC PLC ORD USD.1 549300GX3ZBSQWUXY261 000000000 13581.00000000 NS USD 1540764.45000000 2.103288107176 Long EC CORP IE N 1 N N N ANALOG DEVICES INC COM USD.167 GYVOE5EZ4GDAVTU4CQ61 032654105 4800.00000000 NS USD 570432.00000000 0.778693226958 Long EC CORP US N 1 N N N UNITED TECHNOLOGIES CORP COM USD1 I07WOS4YJ0N7YRFE7309 913017109 7134.00000000 NS USD 1068387.84000000 1.458449692114 Long EC CORP US N 1 N N N LOCKHEED MARTIN CORP COM USD1 DPRBOZP0K5RM2YE8UU08 539830109 2269.00000000 NS USD 883503.22000000 1.206064830531 Long EC CORP US N 1 N N N VERIZON COMMUNICATIONS INC COM USD1 2S72QS2UO2OESLG6Y829 92343V104 25110.00000000 NS USD 1541754.00000000 2.104638935816 Long EC CORP US N 1 N N N ILLINOIS TOOL WORKS INC COM NPV 76NA4I14SZCFAYMNSV04 452308109 2311.00000000 NS USD 415124.93000000 0.566684497595 Long EC CORP US N 1 N N N ONEOK INC COM USD.01 2T3D6M0JSY48PSZI1Q41 682680103 7000.00000000 NS USD 529690.00000000 0.723076572470 Long EC CORP US N 1 N N N ORACLE CORP COM USD0.01 1Z4GXXU7ZHVWFCD8TV52 68389X105 10479.00000000 NS USD 555177.42000000 0.757869293297 Long EC CORP US N 1 N N N COCA-COLA CO COM USD0.25 UWJKFUJFZ02DKWI3RY53 191216100 29700.00000000 NS USD 1643895.00000000 2.244070988882 Long EC CORP US N 1 N N N ARES MANAGEMENT CORP COM USD NPV CL A 529900JUV61FH7B8VW38 03990B101 2454.00000000 NS USD 87583.26000000 0.119559371418 Long EC CORP US N 1 N N N METLIFE INC COM USD.01 C4BXATY60WC6XEOZDX54 59156R108 22300.00000000 NS USD 1136631.00000000 1.551608011560 Long EC CORP US N 1 N N N AMZN 6.5% ELN ISSUED BY CITIGROUP GLOBAL MARKETS HOLDINGS INC 6.50% ELN 3/23/2020 82VOJDD5PTRDMVVMGV31 17326W407 500.00000000 NS USD 907141.58000000 1.238333410885 Long EP CORP US N 2 N N N BLACKROCK INC COM USD.01 549300LRIF3NWCU26A80 09247X101 1061.00000000 NS USD 533364.70000000 0.728092882917 Long EC CORP US N 1 N N N OCCIDENTAL PETROLEUM CORP COM USD.2 IM7X0T3ECJW4C1T7ON55 674599105 9400.00000000 NS USD 387374.00000000 0.528801873141 Long EC CORP US N 1 N N N HCA HEALTHCARE INC COM USD .01 529900PH4ZGUH2MNEU89 40412C101 4220.00000000 NS USD 623758.20000000 0.851488495735 Long EC CORP US N 1 N N N CHEVRON CORP COM USD.75 N/A 166764100 14468.00000000 NS USD 1743538.68000000 2.380093965723 Long EC CORP US N 1 N N N EQUITY RESIDENTIAL REAL ESTATE INVESTMENT TRUST USD0.01 5493008RACSH5EP3PI59 29476L107 8400.00000000 NS USD 679728.00000000 0.927892526670 Long EC CORP US N 1 N N N NEXTERA ENERGY INC COM USD.01 N/A 65339F101 7054.00000000 NS USD 1708196.64000000 2.331848763534 Long EC CORP US N 1 N N N U S TREASURY NOTE N/A 9128286M7 276416.95000000 PA USD 276416.95000000 0.377335084254 Short RA CORP US N 2 Repurchase Y 0.01536292 2020-01-02 276416.94530190 USD 281945.33038799 USD UST N N N U S TREASURY NOTE N/A 912828UH1 57605.91000000 PA USD 57605.91000000 0.078637474667 Short RA CORP US N 2 Repurchase Y 0.01536292 2020-01-02 57605.90837251 USD 58758.11376922 USD UST N N N U S TREASURY NOTE N/A 9128285B2 174016.92000000 PA USD 174016.92000000 0.237549430922 Short RA CORP US N 2 Repurchase Y 0.01536292 2020-01-02 174016.92491256 USD 177497.29248324 USD UST N N N U S TREASURY NOTE N/A 912828Q29 87460.30000000 PA USD 87460.30000000 0.119391519475 Short RA CORP US N 2 Repurchase Y 0.01536292 2020-01-02 87460.30189189 USD 89209.64036576 USD UST N N N U S TREASURY NOTE N/A 9128283D0 146523.25000000 PA USD 146523.25000000 0.200017990517 Short RA CORP US N 2 Repurchase Y 0.01536292 2020-01-02 146523.24909218 USD 149453.93594563 USD UST N N N U S TREASURY NOTE N/A 912828R77 900867.74000000 PA USD 900867.74000000 1.229769030354 Short RA CORP US N 2 Repurchase Y 0.01536292 2020-01-02 900867.74065946 USD 919814.23941457 USD UST N N N 2020-01-29 Robert Kubilis Robert Kubilis Robert Kubilis Chief Financial Officer, Chief Accounting Officer and Treasurer