0001752724-24-051087.txt : 20240308
0001752724-24-051087.hdr.sgml : 20240308
20240308120119
ACCESSION NUMBER: 0001752724-24-051087
CONFORMED SUBMISSION TYPE: N-CEN
PUBLIC DOCUMENT COUNT: 5
CONFORMED PERIOD OF REPORT: 20231231
FILED AS OF DATE: 20240308
DATE AS OF CHANGE: 20240308
EFFECTIVENESS DATE: 20240308
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST
CENTRAL INDEX KEY: 0000837274
ORGANIZATION NAME:
IRS NUMBER: 000000000
STATE OF INCORPORATION: FL
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: N-CEN
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-05583
FILM NUMBER: 24733158
BUSINESS ADDRESS:
STREET 1: ONE FRANKLIN PARKWAY
CITY: SAN MATEO
STATE: CA
ZIP: 94403-1906
BUSINESS PHONE: 650-312-2000
MAIL ADDRESS:
STREET 1: ONE FRANKLIN PARKWAY
CITY: SAN MATEO
STATE: CA
ZIP: 94403-1906
FORMER COMPANY:
FORMER CONFORMED NAME: FRANKLIN VALUEMARK FUNDS
DATE OF NAME CHANGE: 19920703
FORMER COMPANY:
FORMER CONFORMED NAME: FRANKLIN VALUEMARK ANNUITY FUNDS
DATE OF NAME CHANGE: 19881129
0000837274
S000007312
FRANKLIN DYNATECH VIP FUND
C000020093
Class 2
C000061775
Class 4
0000837274
S000007313
FRANKLIN RISING DIVIDENDS VIP FUND
C000020094
Class 1
C000020095
Class 2
C000061776
Class 4
0000837274
S000007314
FRANKLIN SMALL-MID CAP GROWTH VIP FUND
C000020096
Class 1
C000020097
Class 2
C000061777
Class 4
0000837274
S000007315
FRANKLIN SMALL CAP VALUE VIP FUND
C000020098
Class 1
C000020099
Class 2
C000061778
Class 4
0000837274
S000007316
FRANKLIN STRATEGIC INCOME VIP FUND
C000020100
Class 1
C000020101
Class 2
C000061779
Class 4
0000837274
S000007317
FRANKLIN U.S. GOVERNMENT SECURITIES VIP FUND
C000020102
Class 1
C000020103
Class 2
0000837274
S000007319
FRANKLIN MUTUAL GLOBAL DISCOVERY VIP FUND
C000020106
Class 1
C000020107
Class 2
C000061781
Class 4
0000837274
S000007320
FRANKLIN MUTUAL SHARES VIP FUND
C000020108
Class 1
C000020109
Class 2
C000061782
Class 4
0000837274
S000007321
TEMPLETON DEVELOPING MARKETS VIP FUND
C000020110
Class 1
C000020111
Class 2
C000061783
Class 4
0000837274
S000007322
TEMPLETON FOREIGN VIP FUND
C000020113
Class 1
C000020114
Class 2
C000061784
Class 4
0000837274
S000007325
TEMPLETON GLOBAL BOND VIP FUND
C000020120
Class 1
C000020121
Class 2
C000061787
Class 4
0000837274
S000007326
TEMPLETON GROWTH VIP FUND
C000020123
Class 1
C000020124
Class 2
C000061788
Class 4
0000837274
S000007327
FRANKLIN GROWTH AND INCOME VIP FUND
C000020125
Class 1
C000020126
Class 2
0000837274
S000007329
FRANKLIN INCOME VIP FUND
C000020129
Class 1
C000020130
Class 2
C000061791
Class 4
0000837274
S000007330
FRANKLIN LARGE CAP GROWTH VIP FUND
C000020131
Class 1
C000020132
Class 2
0000837274
S000007333
FRANKLIN GLOBAL REAL ESTATE VIP FUND
C000020136
Class 1
C000020137
Class 2
0000837274
S000017299
Franklin Allocation VIP Fund
C000047853
Class 1
C000047854
Class 2
C000061795
Class 4
0000837274
S000040299
Franklin VolSmart Allocation VIP Fund
C000125189
Class 2
C000125190
Class 5
C000234919
Class 1
N-CEN
1
primary_doc.xml
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0000837274
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811-05583
true
false
false
N-1A
true
Franklin Templeton Variable Insurance Products Trust
811-05583
0000837274
549300PIBKZH7YTTWU55
One Franklin Parkway
San Mateo
94403-1906
US-CA
US
650-312-2000
Franklin Templeton Investment Management Limited
Cannon Place
78 Cannon Street
London
GB
EC4N 6HL
44-20-7073-8500
Records related to its functions as Investment manager
Franklin Templeton Institutional, LLC
280 Park Avenue
New York
10017
212-632-3000
Records related to its functions as Investment manager
Brandywine Global Investment Management, LLC
1735 Market Street
Suite 1800
Philadelphia
19103
215-609-3500
Records related to its functions as Investment manager
Templeton Asset Management Ltd.
7 Temasek Boulevard
#38-03 Suntec Tower One
Singapore
SG
038987
656-241-0777
Records related to its functions as Investment manager
Templeton Global Advisors Limited
Lyford Cay
Nassau New Providence
BH
N7759
242-362-4600
Records related to its functions as Investment manager
ClearBridge Investments, LLC
620 Eighth Avenue
New York
10018
212-805-2000
Records related to its functions as Investment manager
JPMorgan Chase Bank, N.A.
380 Madison Avenue
New York
10017
212-270-6000
Records relating to its functions as Sub-Administrator and Fund Accounting Agent
Franklin Templeton Services, LLC
One Franklin Parkway
San Mateo
94403-1906
650-312-2000
Records related to its functions as Administrative manager
Franklin Distributors, LLC
One Franklin Parkway
San Mateo
94403-1906
650-312-2000
Records related to its functions as Principal underwriter
FIS Investor Services, LLC /TA
4249 Easton Way Suite 400
Columbus
43219
614-337-6605
Records related to its functions as Sub-Transfer agent
Franklin Advisers, Inc.
One Franklin Parkway
San Mateo
94403-1906
650-312-2000
Records related to its functions as Investment manager
JPMorgan Chase Bank, N.A.
390 Madison Avenue
New York
10017
212-464-1909
Records related to its functions as Custodian
Templeton Investment Counsel, LLC
300 S.E. 2nd Street
Fort Lauderdale
33301-1923
954-527-7500
Records related to its functions as Investment manager
Western Asset Management Company, LLC
385 East Colorado Boulevard
Pasadena
San Mateo
91101
626-844-9400
Records related to its functions as Investment manager
The Bank of New York Mellon
111 Sanders Creek Parkway
East Syracuse
13057
855-231-1706
Records related to its functions as Custodian
Franklin Mutual Advisers, LLC
101 John F. Kennedy Parkway
Short Hills
New Jersey
07078-2789
973-912-2000
Records related to its functions as Investment manager
Franklin Templeton Investor Services, LLC
One Franklin Parkway
San Mateo
94403-1906
650-312-2000
Records related to its functions as Transfer agent
Western Asset Management Company, Limited
10 Exchange Square
Primrose Street
London
GB
EC2A 2EN
44-20-7422-3000
Records related to its functions as Investment manager
N
N
N-1A
18
Y
Larry D. Thompson
N/A
N
J. Michael Luttig
N/A
N
Gregory E. Johnson
N/A
Y
Rupert H. Johnson, Jr.
N/A
Y
Edith E. Holiday
N/A
N
Harris J. Ashton
N/A
N
Valerie M. Williams
N/A
N
Terrence J. Checki
N/A
N
Mary C. Choksi
N/A
N
Ted P. Becker
N/A
280 Park Avenue
New York
10017
XXXXXX
Y
N
N
N
N
Franklin Distributors, LLC
8-5889
000000332
N/A
Y
N
PRICEWATERHOUSECOOPERS LLP
238
5493002GVO7EO8RNNS37
N
N
N
N
N
N
Franklin Small Cap Value VIP Fund
S000007315
549300MV3JXN6V8BPD91
N
3
0
0
Underlying fund
N
N
Y
N
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Revenue sharing split
0.00000000
0.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 18f-4 (17 CFR 270.18f-4)
Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))
Y
Y
N
N
Franklin Mutual Advisers, LLC
801-53068
000111376
549300700KN6X7XAH545
N
FIS Investor Services, LLC /TA
084-06522
N/A
N
Y
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
LSEG
000109120
CRD
N
N
The Bank of New York Mellon
HPFHU00Q28E4NONFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
CIBC Mellon Trust Company
549300IYUUH221WBZ505
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
DE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Franklin Templeton Investor Services LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
GB
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Y
Franklin Templeton Investor Services, LLC
084-01036
SEC File Number
Y
N
N
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
N
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Barclays Capital, Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
52542.55999999
Piper Sandler & Co.
8-15204
000000665
549300GRQCWQ3XGH0H10
37921.37999999
UBS Securities LLC
8-22651
000007654
T6FIZBDPKLYJKFCRVK44
100562.43000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
81773.00000000
ROBERT W. BAIRD & CO. INCORPORATED
8-00497
000008158
549300772UJAHRD6LO53
49791.06000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
42362.55000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
34615.61000000
Wall Street Access
8-25936
000010012
549300Z0MOT47D6OQV22
29895.77000000
Keefe, Bruyette & Woods, Inc.
8-10888
000000481
549300OM47DQV01G4854
37363.18000000
Sanford C. Bernstein & Co., LLC
8-52942
000104474
549300I7JYZHT7D5CO04
62111.25000000
805216.74000000
Fiduciary Trust Company International
N/A
N/A
N1YKEWO2IYPRS4742F57
1283350.33000000
Goldman Sachs & Co. LLC
8-00129
000000361
FOR8UP27PHTHYVLBNG30
3507885.60000000
Barclays Capital, Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
7.97000000
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
311538743.91000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
228095315.13000000
544425302.94000000
Y
1051242217.14000000
Committed
2675000000.00000000
N
N
N
N
Franklin Income VIP Fund
S000007329
EC5RL2TXCF76ZEXHFH77
N
3
0
0
Underlying fund
N
N
Y
N
N
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Revenue sharing split
10065457.56000000
202571.00000000
Rule 18f-4(f)(17 CFR 270.18f-4(f))
Rule 18f-4 (17 CFR 270.18f-4)
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
FIS Investor Services, LLC /TA
084-06522
N/A
N
Y
N
S&P Global
2138005LTLTVZ4WMEX25
LEI Number
GB
N
LSEG
000109120
CRD
N
Bloomberg L.P.
549300B56MD0ZC402L06
LEI Number
N
ICE Data Pricing & Reference Data, LLC
5493000NQ9LYLDBCTL34
LEI Number
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Franklin Templeton Investor Services LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
The Bank of New York Mellon
HPFHU00Q28E4NONFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Y
Franklin Templeton Investor Services, LLC
084-01036
SEC File Number
Y
N
N
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
N
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
Virtu Americas LLC
8-68193
000149823
549300RA02N3BNSWBV74
16559.27000000
Rosenblatt Securities Inc.
8-24255
000018377
549300KXQP6H4QO07E91
37397.12999999
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
42608.94000000
Merrill Lynch, Pierce, Fenner & Smith Inc.
8-07221
000007691
8NAV47T0Y26Q87Y0QP81
27337.32000000
Cantor Fitzgerald & Co.
8-00201
000000134
5493004J7H4GCPG6OB62
31536.49000000
BMO Nesbitt Burns Securities Ltd.
8-50538
000044057
M3LKFDNSJGJ7TMLH6Z15
CA
18608.65000000
Wells Fargo Securities, LLC
8-65876
000126292
VYVVCKR63DVZZN70PB21
20581.59000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
19639.73000000
Cowen and Company
8-22522
000007616
549300WR155U7DVMIW58
19701.58000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
33416.07000000
348592.67000000
Mizuho Securities USA LLC
8-37710
000019647
7TK5RJIZDFROZCA6XF66
49648322.46999999
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
800281600.48000002
BofA Securities, Inc.
8-69787
000283942
549300HN4UKV1E2R3U73
205110503.22999999
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
169072337.69999999
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
94338418.73999999
BNP Paribas Securities Corp.
8-32682
000015794
RCNB6OTYUAMMP879YW96
73037494.25000000
Barclays Capital, Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
153345908.16999999
HSBC Securities (USA) Inc.
8-41562
000019585
CYYGQCGNHMHPSMRL3R97
50005859.38000000
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
760468107.49000001
Goldman Sachs & Co. LLC
8-00129
000000361
FOR8UP27PHTHYVLBNG30
115502878.66000000
2737816293.65000010
Y
3122590208.04000000
Committed
2675000000.00000000
N
N
N
N
Templeton Developing Markets VIP Fund
S000007321
549300EAXT75AUVWZ721
N
3
0
0
Underlying fund
N
N
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
N
Revenue sharing split
2072893.95856326
11204.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Rule 18f-4 (17 CFR 270.18f-4)
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))
Y
Y
N
N
Templeton Asset Management Ltd.
801-46997
000111382
7AYVD3NQFQ1OTZURH567
SG
N
Franklin Templeton Investment Management Limited
801-55170
000111360
MLH7B1BVFWXZVST01715
Y
GB
N
FIS Investor Services, LLC /TA
084-06522
N/A
N
Y
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
ICE Data Pricing & Reference Data, LLC
5493000NQ9LYLDBCTL34
LEI Number
N
LSEG
000109120
CRD
N
N
Societe Generale Marocaine de Banques
549300WHIMVBNIDQWK21
MA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Unicredit Bank Srbija a.d.
52990001O0THU00TYK59
RS
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Royal Bank of Canada
ES7IP3U3RHIGC71XBU11
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank Ghana Limited
549300WFGKTC3MGDCX95
GH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank A.S.
CWZ8NZDH5SKY12Q4US31
TR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
J.P. Morgan Bank Luxembourg S.A.
7W1GMC6J4KGLBBUSYP52
FR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HSBC Bank (China) Company Limited
2CZOJRADNJXBLT55G526
CN
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Banco Itau Uruguay S.A.
549300HU8OQS1VTVXN55
UY
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
IN
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
J.P. Morgan Bank Luxembourg S.A.
7W1GMC6J4KGLBBUSYP52
NL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
TW
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HSBC Bank Middle East Limited
549300F99IL9YJDWH369
QA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HSBC Bank Malaysia Berhad
P3RPN9OJFCXUPJWB1Q09
MY
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HSBC Bank Bermuda Limited
0W1U67PTV5WY3WYWKD79
BM
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank Zambia Plc
549300247QDZHDI30A83
ZM
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Santander Securities Services, S.A.
95980020140005970915
ES
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Stanbic Bank Tanzania Limited
254900KTPAR5XL4FSN64
TZ
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank Korea Limited
NUXTG47HHHM1K2L0SG39
KR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
J.P. Morgan Bank International (Limited Liability Company)
549300B831LSRSI6RA15
RU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
FI
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Hongkong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
MU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
CITIBANK N.A. SUCURSAL PANAMA
E57ODZWZ7FF32TWEFA76
PA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
PT Bank HSBC Indonesia
213800HW5IDIRLWH1203
ID
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Bank Handlowy w. Warszawie S.A.
XLEZHWWOI4HFQDGL4793
PL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Cititrust Colombia S.A.
549300242J3IJCOSGI49
CO
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Mizuho Bank, Ltd.
RB0PEZSDGCO3JS6CEU02
JP
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Bank Namibia Limited
254900K6TJFDYKSQWV49
NA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank AG
7LTWFZYICNSX8D621K86
DE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
DBS Bank Ltd
ATUEL7OJR5057F2PV266
SG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Hongkong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
LK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank (Thai) Public Company Limited
549300O1LQYCQ7G1IM57
TH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
BNP Paribas Securities Services S.C.A.
549300WCGB70D06XZS54
PT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
HK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Hongkong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
PH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
UniCredit Bank Czech Republic and Slovakia, a.s.
KR6LSKV3BTSJRD41IF75
CZ
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
FirstRand Bank Limited
ZAYQDKTCATIXF9OQY690
ZA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank AG
7LTWFZYICNSX8D621K86
HU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank, N.A.
E57ODZWZ7FF32TWEFA76
EG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank (Pakistan) Limited
549300YTOMKUNPUTB551
PK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
J.P. Morgan Bank Luxembourg S.A.
549300ZK53CNGEEI6A29
DK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank Kenya Limited
549300RBHWW5EJIRG629
KE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
UniCredit Bank Czech Republic and Slovakia, a.s.
KR6LSKV3BTSJRD41IF75
SK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
BNP PARIBAS
R0MUWSFPU8MPRO8K5P83
GR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HSBC France Athens Branch
MP6I5ZYZBEU3UXPYFY54
CY
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Euroclear
549300OZ46BRLZ8Y6F65
BE
N
Y
Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)
Franklin Templeton Investor Services LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
GB
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
J.P. Morgan Saudi Arabia Company
549300HST49806XTCK29
SA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HSBC Bank (Vietnam) Ltd.
213800H95OG9OHRT4Y78
VN
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Stanbic IBTC Bank Plc
029200098C3K8BI2D551
NG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Bank Leumi le-Israel B.M.
7JDSZWRGUQY2DSTWCR57
IL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HSBC Bank Middle East Limited
549300F99IL9YJDWH369
KW
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank Botswana Limited
5493007VY27WWF8FF542
BW
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
J.P. Morgan S.A. DTVM
5493001LS7J56NZZ3G07
BR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
J.P. Morgan Bank Luxembourg S.A.
549300ZK53CNGEEI6A29
CH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HSBC Bank Middle East Limited
549300F99IL9YJDWH369
AE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Banco Santander Chile
3YJP8HORPAEXJ80D6368
CL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank del Peru S.A.
MYTK5NHHP1G8TVFGT193
PE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Banco Nacional de Mexico, S.A.
2SFFM4FUIE05S37WFU55
MX
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Banco BCT, S.A.
25490061PVFNGN0YMO97
CR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
BNP Paribas Securities Services S.C.A.
549300WCGB70D06XZS54
IT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
N
Franklin Templeton Investor Services, LLC
084-01036
SEC File Number
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
N
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
6121.27000000
Macquarie Group Limited
N/A
N/A
ACMHD8HWFMFUIQQ8Y590
AU
4818.04000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
3735.17000000
Merrill Lynch, Pierce, Fenner & Smith Inc.
8-07221
000007691
8NAV47T0Y26Q87Y0QP81
4910.49000000
UBS Securities LLC
8-22651
000007654
T6FIZBDPKLYJKFCRVK44
6073.15000000
HSBC Securities (USA) Inc.
8-41562
000019585
CYYGQCGNHMHPSMRL3R97
4860.29000000
CLSA Americas, LLC
8-69166
000165533
213800M2DXATWY7JMS07
12451.79000000
Goldman Sachs & Co. LLC
8-00129
000000361
FOR8UP27PHTHYVLBNG30
5261.40000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
9202.02000000
Avior Capital Markets (Pty) Ltd
N/A
N/A
378900876F2C9BF22698
ZA
9514.54999999
91315.22000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
47980957.88000000
Fiduciary Trust Company International
N/A
N/A
N1YKEWO2IYPRS4742F57
363964.51000000
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
55564634.45000000
104023764.18000000
N
248824317.99000000
Committed
2675000000.00000000
N
N
N
N
Franklin Rising Dividends VIP Fund
S000007313
5493003Y1ZI4IWT5WO58
N
3
0
0
Underlying fund
N
N
Y
N
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Revenue sharing split
0.00000000
0.00000000
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 18f-4 (17 CFR 270.18f-4)
Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
FIS Investor Services, LLC /TA
084-06522
N/A
N
Y
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
LSEG
000109120
CRD
N
N
Franklin Templeton Investor Services LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
The Bank of New York Mellon
HPFHU00Q28E4NONFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Y
Franklin Templeton Investor Services, LLC
084-01036
SEC File Number
Y
N
N
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
N
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
Wells Fargo Securities, LLC
8-65876
000126292
VYVVCKR63DVZZN70PB21
3925.00000000
UBS Securities LLC
8-22651
000007654
T6FIZBDPKLYJKFCRVK44
4280.96000000
Raymond James & Associates, Inc.
8-10999
000000705
U4ONQX15J3RO8XCKE979
4142.50000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
4092.50000000
BTIG, LLC
8-65473
000122225
549300GTG9PL6WO3EC51
2982.40000000
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
5455.00000000
Rosenblatt Securities Inc.
8-24255
000018377
549300KXQP6H4QO07E91
5222.81000000
Merrill Lynch, Pierce, Fenner & Smith Inc.
8-07221
000007691
8NAV47T0Y26Q87Y0QP81
3007.50000000
Cowen and Company
8-22522
000007616
549300WR155U7DVMIW58
5483.13000000
Sanford C. Bernstein & Co., LLC
8-52942
000104474
549300I7JYZHT7D5CO04
8757.50000000
62173.06000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
301057678.11000001
Fiduciary Trust Company International
N/A
N/A
N1YKEWO2IYPRS4742F57
2404307.79000000
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
153365987.63999999
456827973.54000002
Y
1398673877.87000000
Committed
2675000000.00000000
N
N
N
N
Templeton Growth VIP Fund
S000007326
549300415YWG9GLE3697
N
3
0
0
Underlying fund
N
N
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
N
Revenue sharing split
14695227.19776510
32110.00000000
Rule 18f-4 (17 CFR 270.18f-4)
Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
N
N
Templeton Global Advisors Limited
801-42343
000111383
HV4XALAFPV7TLW1V3873
BS
N
FIS Investor Services, LLC /TA
084-06522
N/A
N
Y
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
ICE Data Pricing & Reference Data, LLC
5493000NQ9LYLDBCTL34
LEI Number
N
LSEG
000109120
CRD
N
N
J.P. Morgan Bank Luxembourg S.A.
7W1GMC6J4KGLBBUSYP52
BE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
AU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
GB
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
J.P. Morgan Bank Luxembourg S.A.
7W1GMC6J4KGLBBUSYP52
FR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Royal Bank of Canada
ES7IP3U3RHIGC71XBU11
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank AG
7LTWFZYICNSX8D621K86
DE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Bank Leumi le-Israel B.M.
7JDSZWRGUQY2DSTWCR57
IL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
FirstRand Bank Limited
ZAYQDKTCATIXF9OQY690
ZA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank, N.A.
E57ODZWZ7FF32TWEFA76
EG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
BNP Paribas Securities Services S.C.A.
549300WCGB70D06XZS54
IT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
HK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
NZ
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Stanbic Bank Tanzania Limited
254900KTPAR5XL4FSN64
TZ
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Bank Handlowy w. Warszawie S.A.
XLEZHWWOI4HFQDGL4793
PL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank del Peru S.A.
MYTK5NHHP1G8TVFGT193
PE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Hongkong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
PH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank Korea Limited
NUXTG47HHHM1K2L0SG39
KR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank Europe plc
N1FBEDJ5J41VKZLO2475
RO
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank AG
7LTWFZYICNSX8D621K86
HU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Santander Securities Services, S.A.
95980020140005970915
ES
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
PT Bank HSBC Indonesia
213800HW5IDIRLWH1203
ID
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HSBC Bank Argentina S.A.
549300K52NF2S4SQDO82
AR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank (Thai) Public Company Limited
549300O1LQYCQ7G1IM57
TH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
J.P. Morgan S.A. DTVM
5493001LS7J56NZZ3G07
BR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
J.P. Morgan Bank Luxembourg S.A.
549300ZK53CNGEEI6A29
DK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
J.P. Morgan Bank Luxembourg S.A.
549300ZK53CNGEEI6A29
CH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
SE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Banco Nacional de Mexico, S.A.
2SFFM4FUIE05S37WFU55
MX
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
FI
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Franklin Templeton Investor Services LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
The Hongkong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
LK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
IN
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
TW
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HSBC Bank Bermuda Limited
0W1U67PTV5WY3WYWKD79
BM
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
BNP Paribas Securities Services S.C.A.
549300WCGB70D06XZS54
PT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HSBC Bank (China) Company Limited
2CZOJRADNJXBLT55G526
CN
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
DBS Bank Ltd
ATUEL7OJR5057F2PV266
SG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Mizuho Bank, Ltd.
RB0PEZSDGCO3JS6CEU02
JP
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
UniCredit Bank Austria AG
D1HEB8VEU6D9M8ZUXG17
AT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
UniCredit Bank Czech Republic and Slovakia, a.s.
KR6LSKV3BTSJRD41IF75
CZ
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
NO
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
J.P. Morgan Bank Luxembourg S.A.
7W1GMC6J4KGLBBUSYP52
NL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
BNP PARIBAS
R0MUWSFPU8MPRO8K5P83
GR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Euroclear
549300OZ46BRLZ8Y6F65
IE
N
Y
Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)
Citibank A.S.
CWZ8NZDH5SKY12Q4US31
TR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
N
Franklin Templeton Investor Services, LLC
084-01036
SEC File Number
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
N
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
10844.56000000
Merrill Lynch, Pierce, Fenner & Smith Inc.
8-07221
000007691
8NAV47T0Y26Q87Y0QP81
6845.57000000
UBS Securities LLC
8-22651
000007654
T6FIZBDPKLYJKFCRVK44
8936.08000000
Liquidnet, Inc.
8-52461
000103987
213800HSKBBO1GCVRG79
11167.51000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
12047.73000000
Sanford C. Bernstein & Co., LLC
8-52942
000104474
549300I7JYZHT7D5CO04
6259.70000000
Jefferies LLC
8-15074
000002347
58PU97L1C0WSRCWADL48
8895.62999999
Evercore Group L.L.C.
8-49830
000042405
5493008F0LRLS5N8LZ81
7387.65000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
10022.10000000
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
9748.50000000
137029.74000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
805843018.83000004
Credit Agricole Securities (USA) Inc.
8-13753
000000190
549300WO2DKF0Q3YMV43
117400000.00000000
UBS Securities LLC
8-22651
000007654
T6FIZBDPKLYJKFCRVK44
13797986.35999999
National Australia Bank Limited, New York Branch
N/A
N/A
549300E2IPL06NDXMZ63
85000000.00000000
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
3057800000.00000000
National Bank of Canada
N/A
N/A
BSGEFEIOM18Y80CKCV46
CA
283100000.00000000
4373905088.57000000
N
376442162.92000000
Committed
2675000000.00000000
N
N
N
N
Franklin Mutual Global Discovery VIP Fund
S000007319
YODRUTY3CCY05H8LZY15
N
3
0
0
Underlying fund
N
N
Y
N
N
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Revenue sharing split
1248651.25000000
44821.00000000
Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))
Rule 32a-4 (17 CFR 270.32a-4)
Rule 18f-4(d)(ii) (17 CFR 270.18f-4(d)(ii))
Rule 18f-4 (17 CFR 270.18f-4)
Y
Y
N
N
Franklin Mutual Advisers, LLC
801-53068
000111376
549300700KN6X7XAH545
N
FIS Investor Services, LLC /TA
084-06522
N/A
N
Y
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
ICE Data Pricing & Reference Data, LLC
5493000NQ9LYLDBCTL34
LEI Number
N
S&P Global
2138005LTLTVZ4WMEX25
LEI Number
GB
N
LSEG
000109120
CRD
N
Bloomberg L.P.
549300B56MD0ZC402L06
LEI Number
N
N
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
DE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Banco Bilbao Vizcaya Argentaria
K8MS7FD7N5Z2WQ51AZ71
ES
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
GB
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
CIBC Mellon Trust Company
549300IYUUH221WBZ505
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank AG
7LTWFZYICNSX8D621K86
KR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank (Singapore) Limited
549300MDYVVHJ8D1DW28
SG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
NL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
FR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
MUFG Bank, Ltd.
C3GTMMZIHMY46P4OIX74
JP
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU00Q28E4NONFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Franklin Templeton Investor Services LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
Y
Franklin Templeton Investor Services, LLC
084-01036
SEC File Number
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
N
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
Jefferies LLC
8-15074
000002347
58PU97L1C0WSRCWADL48
19242.49000000
UBS Securities LLC
8-22651
000007654
T6FIZBDPKLYJKFCRVK44
6501.48000000
SMBC Nikko Securities America, Inc.
8-43852
000028602
6PJDTY319315T5LR2241
8052.00000000
REDBURN (USA) LLC
8-67320
000140564
N/A
9667.78000000
Berenberg Capital Markets LLC
8-68821
000156757
5493007EG0CYRKKG9L11
9149.52000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
14145.10000000
Barclays Capital, Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
7267.85000000
Sanford C. Bernstein & Co., LLC
8-52942
000104474
549300I7JYZHT7D5CO04
14614.91000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
18971.83000000
Merrill Lynch, Pierce, Fenner & Smith Inc.
8-07221
000007691
8NAV47T0Y26Q87Y0QP81
12775.38000000
177185.17000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
1698285.55000000
Merrill Lynch, Pierce, Fenner & Smith Inc.
8-07221
000007691
8NAV47T0Y26Q87Y0QP81
503115.00000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
1536692.59000000
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
47882714.78999999
Barclays Capital, Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
5099291.67000000
BofA Securities, Inc.
8-69787
000283942
549300HN4UKV1E2R3U73
4164025.08000000
Deutsche Bank Securities Inc.
8-17822
000002525
9J6MBOOO7BECTDTUZW19
760383.68000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
576972.90000000
Jefferies LLC
8-15074
000002347
58PU97L1C0WSRCWADL48
1922758420.56999990
Credit Suisse Securities (USA) LLC
8-00422
000000816
1V8Y6QCX6YMJ2OELII46
65100000.00000000
2050079901.83000000
Y
428537937.01999998
Committed
2675000000.00000000
N
N
N
N
Franklin Global Real Estate VIP Fund
S000007333
549300LR72E5IYXZC867
N
2
0
0
Underlying fund
N
N
Y
N
N
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Revenue sharing split
636088.94300000
4294.00000000
Rule 18f-4 (17 CFR 270.18f-4)
Rule 32a-4 (17 CFR 270.32a-4)
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
2023-05-01
Franklin Templeton Institutional, LLC
801-60684
000117384
N/A
2023-04-30
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
FIS Investor Services, LLC /TA
084-06522
N/A
N
Y
N
LSEG
000109120
CRD
N
N
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
DE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Franklin Templeton Investor Services LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
FR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
NL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
MUFG Bank, Ltd.
C3GTMMZIHMY46P4OIX74
JP
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Banco Bilbao Vizcaya Argentaria
K8MS7FD7N5Z2WQ51AZ71
ES
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
SE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Hongkong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
HK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
GB
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank (Singapore) Limited
549300MDYVVHJ8D1DW28
SG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
BE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU00Q28E4NONFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
The Hongkong and Shanghai Banking Corporation Limited Australia Branch
2HI3YI5320L3RW6NJ957
AU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
CIBC Mellon Trust Company
549300IYUUH221WBZ505
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Y
Franklin Templeton Investor Services, LLC
084-01036
SEC File Number
Y
N
N
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
N
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
2637.91000000
BMO Nesbitt Burns Securities Ltd.
8-50538
000044057
M3LKFDNSJGJ7TMLH6Z15
CA
3473.19000000
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
1414.46000000
Evercore Group L.L.C.
8-49830
000042405
5493008F0LRLS5N8LZ81
9508.27000000
Mizuho Securities USA LLC
8-37710
000019647
7TK5RJIZDFROZCA6XF66
2881.09000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
2683.81000000
Merrill Lynch, Pierce, Fenner & Smith Inc.
8-07221
000007691
8NAV47T0Y26Q87Y0QP81
1216.91000000
Scotia Capital (USA) Inc.
8-03716
000002739
549300BLWPABP1VNME36
1315.07000000
Macquarie Group Limited
N/A
N/A
ACMHD8HWFMFUIQQ8Y590
AU
2862.81000000
Kempen & Co U.S.A., Inc.
8-48389
000038760
N/A
2697.29000000
41604.19000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
48692645.35000000
UBS Securities LLC
8-22651
000007654
T6FIZBDPKLYJKFCRVK44
15.56000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
1.40000000
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
78391711.90999999
127084374.22000000
Y
107279545.02000000
Committed
2675000000.00000000
N
N
N
N
Franklin Small-Mid Cap Growth VIP Fund
S000007314
549300EJP5P7UN3DQF32
N
3
0
0
Underlying fund
N
N
Y
N
N
Goldman Sachs Bank USA
KD3XUN7C6T14HNAYLU02
N
N
Revenue sharing split
815358.77000000
65283.00000000
Rule 18f-4 (17 CFR 270.18f-4)
Rule 18f-4(f)(17 CFR 270.18f-4(f))
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 32a-4 (17 CFR 270.32a-4)
Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
FIS Investor Services, LLC /TA
084-06522
N/A
N
Y
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
LSEG
000109120
CRD
N
N
Franklin Templeton Investor Services LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
NL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU00Q28E4NONFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Y
Franklin Templeton Investor Services, LLC
084-01036
SEC File Number
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
N
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
4653.55000000
Cowen and Company
8-22522
000007616
549300WR155U7DVMIW58
5549.87000000
Jefferies LLC
8-15074
000002347
58PU97L1C0WSRCWADL48
4972.50000000
UBS Securities LLC
8-22651
000007654
T6FIZBDPKLYJKFCRVK44
5169.00000000
Virtu Americas LLC
8-68193
000149823
549300RA02N3BNSWBV74
6113.50000000
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
6280.50000000
Sanford C. Bernstein & Co., LLC
8-52942
000104474
549300I7JYZHT7D5CO04
7315.65000000
BTIG, LLC
8-65473
000122225
549300GTG9PL6WO3EC51
4709.14000000
State Street Global Markets, LLC
8-69862
000285852
549300FDEDF5ORXCMQ56
20273.41000000
Raymond James & Associates, Inc.
8-10999
000000705
U4ONQX15J3RO8XCKE979
5183.75000000
102437.86000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
765000.00000000
Fiduciary Trust Company International
N/A
N/A
N1YKEWO2IYPRS4742F57
949470.26000000
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
78583962.84000000
Barclays Capital, Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
1014900.00000000
Goldman Sachs & Co. LLC
8-00129
000000361
FOR8UP27PHTHYVLBNG30
827400.00000000
Direct Investment India
N/A
N/A
N/A
IN
259775.00000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
99015208.01999999
181415716.12000000
Y
400960412.77000000
Committed
2675000000.00000000
N
N
N
N
Franklin Strategic Income VIP Fund
S000007316
JKDEJYWPH1AMTBKZ6M57
N
3
0
0
Underlying fund
N
N
Y
N
N
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Revenue sharing split
35586.70330000
1067.00000000
Rule 12d1-4 (17 CFR 270.12d1-4)
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 18f-4 (17 CFR 270.18f-4)
Rule 32a-4 (17 CFR 270.32a-4)
Rule 18f-4(f)(17 CFR 270.18f-4(f))
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
FIS Investor Services, LLC /TA
084-06522
N/A
N
Y
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
LSEG
000109120
CRD
N
Bloomberg L.P.
549300B56MD0ZC402L06
LEI Number
N
ICE Data Pricing & Reference Data, LLC
5493000NQ9LYLDBCTL34
LEI Number
N
Kroll, LLC
549300W01Z54L5RHPJ40
N
S&P Global
2138005LTLTVZ4WMEX25
LEI Number
GB
N
N
The Bank of New York Mellon
HPFHU00Q28E4NONFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Inspira Financial
N/A
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
The Standard Bank of South Africa Limited
QFC8ZCW3Q5PRXU1XTM60
ZA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Franklin Templeton Investor Services LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
LendingClub Bank, N.A.
549300DFPDZFD8DWQX71
N
Y
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Y
Franklin Templeton Investor Services, LLC
084-01036
Sec File Number
Y
N
N
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
US Bank National Association
5493001WC5CQQI9L9G80
N
Y
N
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
Piper Sandler & Co.
8-15204
000000665
549300GRQCWQ3XGH0H10
228.69000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
3269.86000000
Liquidnet, Inc.
8-52461
000103987
213800HSKBBO1GCVRG79
2.98000000
Instinet, LLC
8-23669
000007897
549300MGMN3RKMU8FT57
63.82000000
Barclays Capital, Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
118.15000000
Virtu Americas LLC
8-68193
000149823
549300RA02N3BNSWBV74
52.52000000
3736.02000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
50900008.10000000
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
77274721.01000000
Barclays Capital, Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
26364062.12999999
BofA Securities, Inc.
8-69787
000283942
549300HN4UKV1E2R3U73
15858052.44999999
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
117047261.01000001
Goldman Sachs & Co. LLC
8-00129
000000361
FOR8UP27PHTHYVLBNG30
29845287.59000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
19708955.21999999
HSBC Securities (USA) Inc.
8-41562
000019585
CYYGQCGNHMHPSMRL3R97
19658364.60999999
Wells Fargo Securities, LLC
8-65876
000126292
VYVVCKR63DVZZN70PB21
33714240.06000000
Bank of Montreal
N/A
N/A
NQQ6HPCNCCU6TUTQYE16
CA
13710347.67000000
448279730.01000000
Y
295263014.00000000
Committed
2675000000.00000000
N
N
N
N
Templeton Foreign VIP Fund
S000007322
549300A6DH63HSLHNQ25
N
3
0
0
Underlying fund
N
N
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
N
Revenue sharing split
16600542.16615719
53814.00000000
Rule 18f-4 (17 CFR 270.18f-4)
Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))
Rule 32a-4 (17 CFR 270.32a-4)
Rule 12d1-1 (17 CFR 270.12d1-1)
Y
Y
N
N
Templeton Investment Counsel, LLC
801-15125
000111370
D8ZZMLBMZO5UV5R9DG61
N
FIS Investor Services, LLC /TA
084-06522
N/A
N
Y
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
LSEG
000109120
CRD
N
N
BNP Paribas Securities Services S.C.A.
549300WCGB70D06XZS54
PT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank (Thai) Public Company Limited
549300O1LQYCQ7G1IM57
TH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank AG
7LTWFZYICNSX8D621K86
HU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
FI
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
NO
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Euroclear
549300OZ46BRLZ8Y6F65
BE
N
Y
Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)
Bank Leumi le-Israel B.M.
7JDSZWRGUQY2DSTWCR57
IL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
J.P. Morgan Bank Luxembourg S.A.
7W1GMC6J4KGLBBUSYP52
FR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
TW
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
NZ
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HSBC Bank (China) Company Limited
2CZOJRADNJXBLT55G526
CN
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank AG
7LTWFZYICNSX8D621K86
DE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
J.P. Morgan Bank Luxembourg S.A.
7W1GMC6J4KGLBBUSYP52
NL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
DBS Bank Ltd
ATUEL7OJR5057F2PV266
SG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank Kenya Limited
549300RBHWW5EJIRG629
KE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
UniCredit Bank Czech Republic and Slovakia, a.s.
KR6LSKV3BTSJRD41IF75
CZ
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
GB
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
J.P. Morgan Bank Luxembourg S.A.
7W1GMC6J4KGLBBUSYP52
BE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank Korea Limited
NUXTG47HHHM1K2L0SG39
KR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
HK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Hongkong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
PH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank A.S.
CWZ8NZDH5SKY12Q4US31
TR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HSBC Bank Bermuda Limited
0W1U67PTV5WY3WYWKD79
BM
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank, N.A.
E57ODZWZ7FF32TWEFA76
EG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Royal Bank of Canada
ES7IP3U3RHIGC71XBU11
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Euroclear
549300OZ46BRLZ8Y6F65
IE
N
Y
Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)
Bank Handlowy w. Warszawie S.A.
XLEZHWWOI4HFQDGL4793
PL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Franklin Templeton Investor Services LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
J.P. Morgan Bank Luxembourg S.A.
549300ZK53CNGEEI6A29
DK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Hongkong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
MU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Santander Securities Services, S.A.
95980020140005970915
ES
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank Botswana Limited
5493007VY27WWF8FF542
BW
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
J.P. Morgan S.A. DTVM
5493001LS7J56NZZ3G07
BR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Mizuho Bank, Ltd.
RB0PEZSDGCO3JS6CEU02
JP
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
J.P. Morgan Bank Luxembourg S.A.
549300ZK53CNGEEI6A29
CH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
FirstRand Bank Limited
ZAYQDKTCATIXF9OQY690
ZA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
IN
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
SE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
AU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
BNP Paribas Securities Services S.C.A.
549300WCGB70D06XZS54
IT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank del Peru S.A.
MYTK5NHHP1G8TVFGT193
PE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
UniCredit Bank Austria AG
D1HEB8VEU6D9M8ZUXG17
AT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Banco Nacional de Mexico, S.A.
2SFFM4FUIE05S37WFU55
MX
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
BNP PARIBAS
R0MUWSFPU8MPRO8K5P83
GR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
N
Franklin Templeton Investor Services, LLC
084-01036
SEC File Number
Y
N
N
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
N
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
18859.07000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
22572.51000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
46159.13000000
Sanford C. Bernstein & Co., LLC
8-52942
000104474
549300I7JYZHT7D5CO04
22177.21000000
Virtu Americas LLC
8-68193
000149823
549300RA02N3BNSWBV74
20489.45000000
Liquidnet, Inc.
8-52461
000103987
213800HSKBBO1GCVRG79
26094.69000000
CLSA Americas, LLC
8-69166
000165533
213800M2DXATWY7JMS07
14456.86000000
UBS Securities LLC
8-22651
000007654
T6FIZBDPKLYJKFCRVK44
16347.75000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
32512.07000000
Jefferies LLC
8-15074
000002347
58PU97L1C0WSRCWADL48
17902.32000000
319996.48000000
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
170166542.84000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
161854327.99000000
Fiduciary Trust Company International
N/A
N/A
N1YKEWO2IYPRS4742F57
2415733.48000000
334436604.31000000
Y
881530405.88000000
Committed
2675000000.00000000
N
N
N
N
Franklin DynaTech VIP Fund
S000007312
549300DEK8IHVZ4VM091
N
2
0
0
Underlying fund
N
N
Y
N
N
Goldman Sachs Bank USA
KD3XUN7C6T14HNAYLU02
N
N
Revenue sharing split
27020.31000000
1031.00000000
Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 32a-4 (17 CFR 270.32a-4)
Rule 18f-4 (17 CFR 270.18f-4)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
FIS Investor Services, LLC /TA
084-06522
N/A
N
Y
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
LSEG
000109120
CRD
N
N
Credit Suisse Switzerland Ltd
549300CWR0W0BCS9Q144
CH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Deutsche Bank AG
7LTWFZYICNSX8D621K86
KR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
MUFG Bank, Ltd.
C3GTMMZIHMY46P4OIX74
JP
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
NL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Hongkong and Shanghai Banking Corporation Limited Australia Branch
2HI3YI5320L3RW6NJ957
AU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Franklin Templeton Investor Services LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
DE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU00Q28E4NONFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
CIBC Mellon Trust Company
549300IYUUH221WBZ505
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Y
Franklin Templeton Investor Services, LLC
084-01036
SEC File Number
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
N
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Wells Fargo Securities, LLC
8-65876
000126292
VYVVCKR63DVZZN70PB21
1208.00000000
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
1545.80000000
Cowen and Company
8-22522
000007616
549300WR155U7DVMIW58
844.96000000
Raymond James & Associates, Inc.
8-10999
000000705
U4ONQX15J3RO8XCKE979
917.23000000
Barclays Capital, Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
913.05000000
UBS Securities LLC
8-22651
000007654
T6FIZBDPKLYJKFCRVK44
980.75000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
2002.79000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
952.51000000
Sanford C. Bernstein & Co., LLC
8-52942
000104474
549300I7JYZHT7D5CO04
961.68000000
Virtu Americas LLC
8-68193
000149823
549300RA02N3BNSWBV74
842.89000000
17380.00999999
Barclays Capital, Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
104550.00000000
Fiduciary Trust Company International
N/A
N/A
N1YKEWO2IYPRS4742F57
117672.90000000
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
57129031.03000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
69300.00000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
22373238.80999999
79793792.73999999
Y
130128561.92000000
Committed
2675000000.00000000
N
N
N
N
Franklin Growth and Income VIP Fund
S000007327
54930062WZFE42YV6G91
N
2
0
0
Underlying fund
N
N
Y
N
N
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Revenue sharing split
28536.58330000
276.00000000
Rule 32a-4 (17 CFR 270.32a-4)
Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))
Rule 18f-4(f)(17 CFR 270.18f-4(f))
Rule 18f-4 (17 CFR 270.18f-4)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
FIS Investor Services, LLC /TA
084-06522
N/A
N
Y
N
LSEG
000109120
CRD
N
S&P Global
2138005LTLTVZ4WMEX25
LEI Number
GB
N
N
CIBC Mellon Trust Company
549300IYUUH221WBZ505
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Franklin Templeton Investor Services LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
DE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU00Q28E4NONFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Y
Franklin Templeton Investor Services, LLC
084-01036
SEC File Number
Y
N
N
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
N
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
Cowen and Company
8-22522
000007616
549300WR155U7DVMIW58
664.64000000
Sanford C. Bernstein & Co., LLC
8-52942
000104474
549300I7JYZHT7D5CO04
1104.39000000
Wells Fargo Securities, LLC
8-65876
000126292
VYVVCKR63DVZZN70PB21
450.47000000
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
443.58000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
510.89000000
Rosenblatt Securities Inc.
8-24255
000018377
549300KXQP6H4QO07E91
328.84000000
ROBERT W. BAIRD & CO. INCORPORATED
8-00497
000008158
549300772UJAHRD6LO53
261.38000000
Jefferies LLC
8-15074
000002347
58PU97L1C0WSRCWADL48
426.66000000
Raymond James & Associates, Inc.
8-10999
000000705
U4ONQX15J3RO8XCKE979
463.27000000
UBS Securities LLC
8-22651
000007654
T6FIZBDPKLYJKFCRVK44
368.79000000
6367.99000000
Credit Suisse Securities (USA) LLC
8-00422
000000816
1V8Y6QCX6YMJ2OELII46
634385.21000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
505827.37000000
Merrill Lynch, Pierce, Fenner & Smith Inc.
8-07221
000007691
8NAV47T0Y26Q87Y0QP81
840114.62000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
222163867.18000001
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
220576373.40000001
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
1127436.37000000
Wells Fargo Securities, LLC
8-65876
000126292
VYVVCKR63DVZZN70PB21
291597.63000000
Goldman Sachs & Co. LLC
8-00129
000000361
FOR8UP27PHTHYVLBNG30
600341.00000000
BofA Securities, Inc.
8-69787
000283942
549300HN4UKV1E2R3U73
1062675.21000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
1460684.67000000
449263302.66000003
Y
43237038.61999999
Committed
2675000000.00000000
N
N
N
N
Franklin Large Cap Growth VIP Fund
S000007330
549300IGPXJX836OZC92
N
2
0
0
Underlying fund
N
N
Y
N
N
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Revenue sharing split
209589.39800000
9084.00000000
Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))
Rule 18f-4 (17 CFR 270.18f-4)
Rule 32a-4 (17 CFR 270.32a-4)
Rule 18f-4(f)(17 CFR 270.18f-4(f))
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
FIS Investor Services, LLC /TA
084-06522
N/A
N
Y
N
LSEG
000109120
CRD
N
N
The Bank of New York Mellon
HPFHU00Q28E4NONFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Franklin Templeton Investor Services LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Y
Franklin Templeton Investor Services, LLC
084-01036
SEC File Number
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
N
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
610.22000000
Sanford C. Bernstein & Co., LLC
8-52942
000104474
549300I7JYZHT7D5CO04
1664.89000000
Rosenblatt Securities Inc.
8-24255
000018377
549300KXQP6H4QO07E91
1615.19000000
Allen & Company LLC
8-12123
000001042
549300RO3RYDN328JY68
478.17000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
1155.05000000
Merrill Lynch, Pierce, Fenner & Smith Inc.
8-07221
000007691
8NAV47T0Y26Q87Y0QP81
620.92999999
Wells Fargo Securities, LLC
8-65876
000126292
VYVVCKR63DVZZN70PB21
1140.26000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
494.07000000
Jefferies LLC
8-15074
000002347
58PU97L1C0WSRCWADL48
967.43000000
JonesTrading Institutional Services LLC
8-26089
000006888
2138008JJ5PA8H5UIL69
614.40000000
13398.38000000
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
251698237.99000001
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
72.03000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
164500.00000000
Barclays Capital, Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
265200.00000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
65321950.10999999
317449960.13000000
Y
86669712.82999999
Committed
2675000000.00000000
N
N
N
N
Franklin VolSmart Allocation VIP Fund
S000040299
549300F0GLSXLHBC7574
N
3
0
0
Underlying fund
N
N
N
N
N/A
0.00000000
0.00000000
Rule 18f-4 (17 CFR 270.18f-4)
Rule 12d1-4 (17 CFR 270.12d1-4)
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 17a-6 (17 CFR 270.17a-6)
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
FIS Investor Services, LLC /TA
084-06522
N/A
N
Y
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
LSEG
000109120
CRD
N
Bloomberg L.P.
549300B56MD0ZC402L06
LEI Number
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Franklin Templeton Investor Services LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
The Bank of New York Mellon
HPFHU00Q28E4NONFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Y
Franklin Templeton Investor Services, LLC
084-01036
SEC File Number
Y
N
N
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
N
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
1179.38000000
Jane Street Execution Services, LLC
8-69254
000167280
549300HXJLXCPDWAH070
1403.05000000
Old Mission Markets LLC
8-69691
000281867
5493003UFGIEMN1POL71
197.00000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
1611.17000000
Citadel Securities LLC
8-53574
000116797
12UUJYTN7D3SW8KCSG25
2798.76000000
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
286.38000000
Merrill Lynch, Pierce, Fenner & Smith Inc.
8-07221
000007691
8NAV47T0Y26Q87Y0QP81
223.02000000
Sanford C. Bernstein & Co., LLC
8-52942
000104474
549300I7JYZHT7D5CO04
6579.85000000
UBS Securities LLC
8-22651
000007654
T6FIZBDPKLYJKFCRVK44
415.72000000
Cowen and Company
8-22522
000007616
549300WR155U7DVMIW58
4110.97000000
19845.46000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
36034083.77000000
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
35076808.79999999
Fiduciary Trust Company International
N/A
N/A
N1YKEWO2IYPRS4742F57
2002330.26000000
73354284.92000000
N
163555557.99000000
Committed
2675000000.00000000
N
N
N
N
Franklin U.S. Government Securities VIP Fund
S000007317
549300L2E6KSPGTN7F91
N
2
0
0
Underlying fund
N
N
Y
N
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Revenue sharing split
0.00000000
0.00000000
Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))
Rule 18f-4 (17 CFR 270.18f-4)
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 32a-4 (17 CFR 270.32a-4)
Y
N
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
FIS Investor Services, LLC /TA
084-06522
N/A
N
Y
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
ICE Data Pricing & Reference Data, LLC
5493000NQ9LYLDBCTL34
LEI Number
N
N
The Bank of New York Mellon
HPFHU00Q28E4NONFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Y
Franklin Templeton Investor Services, LLC
084-01036
SEC File Number
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
N
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
0.00000000
BMO Capital Markets Corp.
8-34344
000016686
RUC0QBLBRPRCU4W1NE59
4200548.44000000
Wells Fargo Securities, LLC
8-65876
000126292
VYVVCKR63DVZZN70PB21
76582202.76000000
SANTANDER INVESTMENT S.A.
N/A
N/A
959800PF0SJV8TSAB140
ES
9994000.00000000
BofA Securities, Inc.
8-69787
000283942
549300HN4UKV1E2R3U73
49822475.74000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
30149468.01000000
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
3377290601.82000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
3754937637.14000000
7302976933.91000000
N
570538662.03000000
Committed
2675000000.00000000
N
N
N
N
Franklin Allocation VIP Fund
S000017299
549300R5W9YDCLEGMF76
N
3
0
0
Underlying fund
N
N
N
N
N/A
0.00000000
0.00000000
Rule 18f-4(f)(17 CFR 270.18f-4(f))
Rule 12d1-4 (17 CFR 270.12d1-4)
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 17a-6 (17 CFR 270.17a-6)
Rule 18f-4 (17 CFR 270.18f-4)
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
Western Asset Management Company, Limited
801-21068
000110427
549300IVCLHPHPOYT226
N
GB
N
Western Asset Management Company, LLC
801-8162
000110441
549300C5A561UXUICN46
N
N
Brandywine Global Investment Management, LLC
801-27797
000110783
8GTBE30G9EQQ2JEJZ302
N
N
Franklin Templeton Institutional, LLC
801-60684
000117384
549300RQFX1DXB0AF136
Y
N
Templeton Global Advisors Limited
801-42343
000111383
HV4XALAFPV7TLW1V3873
Y
BS
N
ClearBridge Investments, LLC
801-64710
000137028
549300L5KZQRDVVXSK45
N
N
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
FIS Investor Services, LLC /TA
084-06522
N/A
N
Y
N
S&P Global
2138005LTLTVZ4WMEX25
LEI Number
GB
N
ICE Data Pricing & Reference Data, LLC
5493000NQ9LYLDBCTL34
LEI Number
N
LSEG
000109120
CRD
N
Bloomberg L.P.
549300B56MD0ZC402L06
LEI Number
N
N
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
IT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
DK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken, Helsinki branch
F3JS33DEI6XQ4ZBPTN86
FI
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Bank Hapoalim B.M.
B6ARUI4946ST4S7WOU88
IL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Credit Suisse Switzerland Ltd
549300CWR0W0BCS9Q144
CH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
NL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Hongkong and Shanghai Banking Corporation Limited
2HI3YI5320L3RW6NJ957
NZ
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
NO
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
BE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
SE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Hongkong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
HK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
GB
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Hongkong and Shanghai Banking Corporation
2HI3YI5320L3RW6NJ957
TH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
UniCredit Bank Austria AG
D1HEB8VEU6D9M8ZUXG17
AT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Hongkong and Shanghai Banking Corporation Limited Australia Branch
2HI3YI5320L3RW6NJ957
AU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank AG
7LTWFZYICNSX8D621K86
KR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
FR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank AG
7LTWFZYICNSX8D621K86
IN
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
HSBC Bank (Taiwan) Limited
549300SG184IVNYDMN03
TW
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Banco Bilbao Vizcaya Argentaria
K8MS7FD7N5Z2WQ51AZ71
ES
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU00Q28E4NONFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
DE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
CIBC Mellon Trust Company
549300IYUUH221WBZ505
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibank Europe Plc
N1FBEDJ5J41VKZLO2475
PT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
MUFG Bank, Ltd.
C3GTMMZIHMY46P4OIX74
JP
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank (Singapore) Limited
549300MDYVVHJ8D1DW28
SG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Franklin Templeton Investor Services LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
Y
Franklin Templeton Investor Services, LLC
084-01036
SEC File Number
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
N
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
10745.53000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
18001.88000000
Goldman Sachs & Co. LLC
8-00129
000000361
FOR8UP27PHTHYVLBNG30
12761.39000000
Merrill Lynch, Pierce, Fenner & Smith Inc.
8-07221
000007691
8NAV47T0Y26Q87Y0QP81
8861.83000000
Virtu Americas LLC
8-68193
000149823
549300RA02N3BNSWBV74
3007.13000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
14111.86000000
Sanford C. Bernstein & Co., LLC
8-52942
000104474
549300I7JYZHT7D5CO04
4140.99000000
Jefferies LLC
8-15074
000002347
58PU97L1C0WSRCWADL48
3559.72000000
UBS Securities LLC
8-22651
000007654
T6FIZBDPKLYJKFCRVK44
12968.18000000
Cowen and Company
8-22522
000007616
549300WR155U7DVMIW58
4669.53000000
120676.07000000
Nomura Securities International, Inc.
8-15255
000004297
OXTKY6Q8X53C9ILVV871
8884916.07000000
Wells Fargo Securities, LLC
8-65876
000126292
VYVVCKR63DVZZN70PB21
24846287.71999999
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
150494873.61000001
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
17194194.53999999
Bank of Montreal
N/A
N/A
NQQ6HPCNCCU6TUTQYE16
CA
14309555.06000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
22087573.37000000
BofA Securities, Inc.
8-69787
000283942
549300HN4UKV1E2R3U73
28203344.10999999
Goldman Sachs & Co. LLC
8-00129
000000361
FOR8UP27PHTHYVLBNG30
57111474.57000000
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
123889579.44000000
HSBC Securities (USA) Inc.
8-41562
000019585
CYYGQCGNHMHPSMRL3R97
14814564.94999999
505903851.29000002
N
561903239.91999996
Committed
2675000000.00000000
N
N
N
N
Franklin Mutual Shares VIP Fund
S000007320
1DP83FR2CH0PKYUU1X44
N
3
0
0
Underlying fund
N
N
Y
N
N
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Revenue sharing split
1746374.14000000
559061.00000000
Rule 18f-4 (17 CFR 270.18f-4)
Rule 18f-4(d)(ii) (17 CFR 270.18f-4(d)(ii))
Rule 32a-4 (17 CFR 270.32a-4)
Rule 18f-4(c)(4) (17CFR 270.18f-4(c)(4))
Y
Y
N
N
Franklin Mutual Advisers, LLC
801-53068
000111376
549300700KN6X7XAH545
N
FIS Investor Services, LLC /TA
084-06522
N/A
N
Y
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
LSEG
000109120
CRD
N
S&P Global
2138005LTLTVZ4WMEX25
LEI Number
GB
N
ICE Data Pricing & Reference Data, LLC
5493000NQ9LYLDBCTL34
LEI Number
N
Bloomberg L.P.
549300B56MD0ZC402L06
LEI Number
N
N
The Bank of New York Mellon
HPFHU00Q28E4NONFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
GB
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon SA/NV
MMYX0N4ZEZ13Z4XCG897
NL
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Y
Franklin Templeton Investor Services, LLC
084-01036
SEC File Number
Y
N
N
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
N
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
RBC Capital Markets, LLC
8-45411
000031194
549300LCO2FLSSVFFR64
43795.24000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
34313.71000000
Bay Crest Partners, LLC
8-48931
000039944
549300CTRRO8C3BU3H64
22517.65000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
89675.03000000
Evercore Group L.L.C.
8-49830
000042405
5493008F0LRLS5N8LZ81
50256.81000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
40130.31000000
Dowling & Partners Securities, LLC
8-35658
000024746
254900NTPWGHA2OLDV63
29486.04000000
Jefferies LLC
8-15074
000002347
58PU97L1C0WSRCWADL48
26227.31000000
Merrill Lynch, Pierce, Fenner & Smith Inc.
8-07221
000007691
8NAV47T0Y26Q87Y0QP81
26696.92000000
Sanford C. Bernstein & Co., LLC
8-52942
000104474
549300I7JYZHT7D5CO04
57658.40000000
624139.27000000
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
3684288810.34999990
Wells Fargo Securities LLC
8-65876
000126292
VYVVCKR63DVZZN70PB21
9436197.68000000
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
7966520.22000000
BofA Securities, Inc.
8-69787
000283942
549300HN4UKV1E2R3U73
23593662.84000000
Goldman Sachs & Co. LLC
8-00129
000000361
FOR8UP27PHTHYVLBNG30
11915252.00000000
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
20366905.57000000
Barclays Capital, Inc.
8-41342
000019714
AC28XWWI3WIBK2824319
824918320.19000006
Credit Suisse Securities (USA) LLC
8-00422
000000816
1V8Y6QCX6YMJ2OELII46
474700000.00000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
33659004.95000000
Jefferies LLC
8-15074
000002347
58PU97L1C0WSRCWADL48
14855224693.87999900
19961390307.59000000
Y
2032164233.36000000
Committed
2675000000.00000000
N
N
N
N
Templeton Global Bond VIP Fund
S000007325
V3KXZG7K26O0II8UD472
N
3
0
0
Underlying fund
Y
N
Y
N
The Bank of New York Mellon
HPFHU0OQ28E4N0NFVK49
N
N
Revenue sharing split
0.00000000
0.00000000
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 32a-4 (17 CFR 270.32a-4)
Rule 18f-4 (17 CFR 270.18f-4)
Y
Y
N
N
Franklin Advisers, Inc.
801-26292
000104517
B1CG1NRZIDDJ0DQEXB52
N
FIS Investor Services, LLC /TA
084-06522
N/A
N
Y
Franklin Templeton Investor Services, LLC
084-01036
N/A
Y
N
N
S&P Global
2138005LTLTVZ4WMEX25
LEI Number
GB
N
ICE Data Pricing & Reference Data, LLC
5493000NQ9LYLDBCTL34
LEI Number
N
Bloomberg L.P.
549300B56MD0ZC402L06
LEI Number
N
LSEG
000109120
CRD
N
N
Deutsche Bank AG
529900J2KCFIPEYJIE34
ID
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank AG
7LTWFZYICNSX8D621K86
IN
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Citibanamex
2SFFM4FUIE05S37WFU55
MX
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Standard Chartered Bank (Singapore) Limited
549300MDYVVHJ8D1DW28
SG
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Franklin Templeton Investor Services LLC
N/A
Y
N
Self - rule 17f-2 (17 CFR 270.17f-2)
Citibank N.A.
E57ODZWZ7FF32TWEFA76
BR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Hongkong and Shanghai Banking Corporation Limited Australia Branch
2HI3YI5320L3RW6NJ957
AU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Stanbic Bank of Ghana Limited
549300M3N5M3E5WDG321
GH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
The Bank of New York Mellon
HPFHU00Q28E4NONFVK49
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Deutsche Bank AG
7LTWFZYICNSX8D621K86
KR
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Cititrust S.A.
549300242J3IJCOSGI49
CO
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Skandinaviska Enskilda Banken AB
F3JS33DEI6XQ4ZBPTN86
NO
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Y
Franklin Templeton Investor Services, LLC
084-01036
SEC File Number
Y
N
N
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Franklin Templeton Services, LLC
549300DFD0POOJZ42788
Y
N
N
Franklin Distributors, LLC
8-5889
000000332
N/A
0.00000000
Franklin Templeton Investment Services, Inc.
8-43206
000027884
N/A
0.00000000
Franklin Templeton Financial Services Corp.
8-29504
000013594
N/A
0.00000000
0.00000000
Deutsche Bank Securities Inc.
8-17822
000002525
9J6MBOOO7BECTDTUZW19
287965986.32999998
Westpac Banking Corporation
N/A
N/A
EN5TNI6CI43VEPAMHL14
AU
288767630.42000002
Bank of New York Mellon Corp.
N/A
N/A
WFLLPEPC7FZXENRZV188
1343090614.47000000
Citigroup Global Markets Inc.
8-08177
000007059
MBNUM2BPBDO7JBLYG310
507018209.77999997
BNP Paribas Securities Corp.
8-32682
000015794
RCNB6OTYUAMMP879YW96
154097026.06000000
HSBC Securities (USA) Inc.
8-41562
000019585
CYYGQCGNHMHPSMRL3R97
355244333.93000001
BofA Securities, Inc.
8-69787
000283942
549300HN4UKV1E2R3U73
360625377.83999997
J.P. Morgan Securities LLC
8-35008
000000079
ZBUT11V806EZRVTWT807
669927499.67999995
Morgan Stanley & Co. LLC
8-15869
000008209
9R7GPTSO7KV3UQJZQ078
290641088.37000000
Standard Chartered Bank
N/A
N/A
RILFO74KP1CM8P6PCT96
GB
160906396.05000001
4827471206.71000000
N
1625020624.82000000
Committed
2675000000.00000000
N
N
N
N
false
false
true
false
true
false
EXEMPT ORDER INFO
2
IC-33117.txt
UNITED STATES OF AMERICA
BEFORE THE
SECURITIES AND EXCHANGE COMMISSION
INVESTMENT COMPANY ACT OF 1940
Release No. 33117 / June 5, 2018
__________________________________________________________________
In the Matter of :
:
FRANKLIN ALTERNATIVE STRATEGIES FUNDS :
FRANKLIN CALIFORNIA TAX-FREE INCOME FUND :
FRANKLIN CALIFORNIA TAX-FREE TRUST :
FRANKLIN CUSTODIAN FUNDS :
FRANKLIN ETF TRUST :
FRANKLIN FEDERAL TAX-FREE INCOME FUND :
FRANKLIN FLOATING RATE MASTER TRUST :
FRANKLIN FUND ALLOCATOR SERIES :
FRANKLIN GLOBAL TRUST :
FRANKLIN GOLD AND PRECIOUS METALS FUND :
FRANKLIN HIGH INCOME TRUST :
FRANKLIN INVESTORS SECURITIES TRUST :
FRANKLIN MANAGED TRUST :
FRANKLIN U.S. GOVERNMENT MONEY FUND :
FRANKLIN MUNICIPAL SECURITIES TRUST :
FRANKLIN MUTUAL SERIES FUNDS :
FRANKLIN NEW YORK TAX-FREE INCOME FUND :
FRANKLIN NEW YORK TAX-FREE TRUST :
FRANKLIN REAL ESTATE SECURITIES TRUST :
FRANKLIN STRATEGIC MORTGAGE PORTFOLIO :
FRANKLIN STRATEGIC SERIES :
FRANKLIN TAX-FREE TRUST :
FRANKLIN TEMPLETON ETF TRUST :
FRANKLIN TEMPLETON GLOBAL TRUST :
FRANKLIN TEMPLETON INTERNATIONAL TRUST :
FRANKLIN TEMPLETON MONEY FUND TRUST :
FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST :
FRANKLIN VALUE INVESTORS TRUST :
INSTITUTIONAL FIDUCIARY TRUST :
TEMPLETON CHINA WORLD FUND :
TEMPLETON DEVELOPING MARKETS TRUST :
TEMPLETON FUNDS :
TEMPLETON GLOBAL INVESTMENT TRUST :
TEMPLETON GLOBAL OPPORTUNITIES TRUST :
TEMPLETON GLOBAL SMALLER COMPANIES FUND :
TEMPLETON GROWTH FUND, INC. :
TEMPLETON INCOME TRUST :
TEMPLETON INSTITUTIONAL FUNDS :
THE MONEY MARKET PORTFOLIOS :
FRANKLIN LIMITED DURATION INCOME TRUST :
2
FRANKLIN UNIVERSAL TRUST :
TEMPLETON DRAGON FUND, INC. :
TEMPLETON EMERGING MARKETS FUND :
TEMPLETON EMERGING MARKETS INCOME FUND :
TEMPLETON GLOBAL INCOME FUND :
FRANKLIN ADVISERS, INC. :
FRANKLIN TEMPLETON INVESTMENT MANAGEMENT LIMITED :
K2/D&S MANAGEMENT CO., L.L.C. :
FASA LLC :
FRANKLIN TEMPLETON INSTITUTIONAL, LLC :
FRANKLIN ADVISORY SERVICES, LLC :
FRANKLIN MUTUAL ADVISERS, LLC :
TEMPLETON INVESTMENT COUNSEL, LLC :
TEMPLETON ASSET MANAGEMENT LTD. :
TEMPLETON GLOBAL ADVISORS LIMITED :
:
One Franklin Parkway :
San Mateo, CA 94403 :
:
(812-14819) :
__________________________________________________________________:
ORDER UNDER SECTION 6(c) OF THE INVESTMENT COMPANY ACT OF 1940
GRANTING AN EXEMPTION FROM SECTIONS 18(f) AND 21(b) OF THE ACT;
UNDER
SECTION 12(d)(1)(J) OF THE ACT GRANTING AN EXEMPTION FROM SECTION
12(d)(1) OF THE ACT; UNDER SECTIONS 6(c) AND 17(b) OF THE ACT
GRANTING AN
EXEMPTION FROM SECTIONS 17(a)(1), 17(a)(2), AND 17(a)(3) OF THE
ACT; AND
UNDER SECTION 17(d) OF THE ACT AND RULE 17d-1 UNDER THE ACT TO
PERMIT
CERTAIN JOINT ARRANGEMENTS AND TRANSACTIONS
Franklin Alternative Strategies Funds, Franklin California Tax-Free
Income Fund, Franklin
California Tax-Free Trust, Franklin Custodian Funds, Franklin ETF
Trust, Franklin Federal Tax-
Free Income Fund, Franklin Floating Rate Master Trust, Franklin Fund
Allocator Series, Franklin
Global Trust, Franklin Gold and Precious Metals Fund, Franklin High
Income Trust, Franklin
Investors Securities Trust, Franklin Managed Trust, Franklin U.S.
Government Money Fund,
Franklin Municipal Securities Trust, Franklin Mutual Series Funds,
Franklin New York Tax-Free
Income Fund, Franklin New York Tax-Free Trust, Franklin Real Estate
Securities Trust, Franklin
Strategic Mortgage Portfolio, Franklin Strategic Series, Franklin
Tax-Free Trust, Franklin
Templeton ETF Trust, Franklin Templeton Global Trust, Franklin
Templeton International Trust,
Franklin Templeton Money Fund Trust, Franklin Templeton Variable
Insurance Products Trust,
Franklin Value Investors Trust, Institutional Fiduciary Trust,
Templeton China World Fund,
Templeton Developing Markets Trust, Templeton Funds, Templeton
Global Investment Trust,
Templeton Global Opportunities Trust, Templeton Global Smaller
Companies Fund, Templeton
Growth Fund, Inc., Templeton Income Trust, Templeton Institutional
Funds, The Money Market
Portfolios, Franklin Limited Duration Income Trust, Franklin
Universal Trust, Templeton Dragon
Fund, Inc., Templeton Emerging Markets Fund, Templeton Emerging
Markets Income Fund, and
Templeton Global Income Fund, Franklin Advisers, Inc., Franklin
Templeton Investment
Management Limited, K2/D&S Management Co., L.L.C., FASA LLC,
Franklin Templeton
Institutional, LLC, Franklin Advisory Services, LLC, Franklin
Mutual Advisers, LLC, Templeton
3
Investment Counsel, LLC, Templeton Asset Management Ltd., and
Templeton Global Advisors
Limited filed an application on September 14, 2017, and an
amendment on March 9, 2018.
Applicants requested an order under section 6(c) of the Investment
Company Act of 1940 (the
"Act") for an exemption from sections 18(f) and 21(b) of the Act,
under section 12(d)(1)(J) of
the Act for an exemption from section 12(d)(1) of the Act, under
sections 6(c) and 17(b) of the
Act for an exemption from sections 17(a)(1), 17(a)(2), and 17(a)(3)
of the Act, and under section
17(d) of the Act and rule 17d-1 under the Act to permit certain
joint arrangements and
transactions. The order supersedes a prior order1 and permits
certain registered management
investment companies to participate in a joint lending and
borrowing facility.
On May 10, 2018, a notice of the filing of the application was
issued (Investment Company Act
Release No. 33095). The notice gave interested persons an
opportunity to request a hearing and
stated that an order disposing of the application would be issued
unless a hearing was ordered.
No request for a hearing has been filed, and the Commission has
not ordered a hearing.
The matter has been considered and it is found, on the basis of
the information set forth in the
application, as amended, that granting the requested exemption
is consistent with and appropriate
in the public interest, and consistent with the protection of
investors and the purposes fairly
intended by the policy and provisions of the Act.
It is also found that the terms of the proposed transactions,
including the consideration to be paid
or received, are reasonable and fair and do not involve
overreaching on the part of any person
concerned, and that the proposed transactions are consistent
with the policy of each registered
investment company concerned and the general purposes of the
Act.
It is further found that the participation of each registered
investment company in the proposed
credit facility is consistent with the provisions, policies,
and purposes of the Act, and not on a
basis different from or less advantageous than that of other
participants.
Accordingly, in the matter of Franklin Alternative Strategies
Funds, et al., (File No. 812-14819),
IT IS ORDERED, under section 6(c) of the Act, that the requested
exemptions from sections
18(f) and 21(b) of the Act are granted, effective immediately,
subject to the conditions in the
application, as amended.
IT IS FURTHER ORDERED, under section 12(d)(1)(J) of the Act,
that the requested exemption
from section 12(d)(1) of the Act is granted, effective immediately,
subject to the conditions in
the application, as amended.
IT IS FURTHER ORDERED, under sections 6(c) and 17(b) of the Act,
that the requested
exemptions from sections 17(a)(1), 17(a)(2), and 17(a)(3) of the
Act are granted, effective
immediately, subject to the conditions in the application, as
amended.
1 Franklin Gold Fund, et al., Investment Company Act Release Nos.
24016 (Sept. 16, 1999) (notice) and
24080 (Oct. 13, 1999) (order).
4
IT IS FURTHER ORDERED, under section 17(d) of the Act and rule
17d-1 under the Act, that
the proposed transactions are approved, effective immediately,
subject to the conditions in the
application, as amended.
For the Commission, by the Division of Investment Management,
under delegated authority.
Eduardo A. Aleman
Assistant Secretary
INTERNAL CONTROL RPT
3
FTVIPT_NCEN_Letter_12.2023.txt
Report of Independent Registered Public Accounting
Firm
To the Board of Trustees of Franklin Templeton Variable
Insurance Products Trust and Shareholders of Franklin Allocation
VIP Fund, Franklin DynaTech VIP Fund, Franklin Global Real
Estate VIP Fund, Franklin Growth and Income VIP Fund, Franklin
Income VIP Fund, Franklin Large Cap Growth VIP Fund, Franklin
Mutual Global Discovery VIP Fund, Franklin Mutual Shares VIP
Fund, Franklin Rising Dividends VIP Fund, Franklin Small Cap
Value VIP Fund, Franklin Small-Mid Cap Growth VIP Fund,
Franklin Strategic Income VIP Fund, Franklin U.S. Government
Securities VIP Fund, Franklin VolSmart Allocation VIP Fund,
Templeton Developing Markets VIP Fund, Templeton Foreign VIP
Fund, Templeton Global Bond VIP Fund and Templeton Growth
VIP Fund.
In planning and performing our audits of the financial statements
of Franklin Allocation VIP Fund, Franklin DynaTech VIP Fund,
Franklin Global Real Estate VIP Fund, Franklin Growth and
Income VIP Fund, Franklin Income VIP Fund, Franklin Large Cap
Growth VIP Fund, Franklin Mutual Global Discovery VIP Fund,
Franklin Mutual Shares VIP Fund, Franklin Rising Dividends VIP
Fund, Franklin Small Cap Value VIP Fund, Franklin Small-Mid
Cap Growth VIP Fund, Franklin Strategic Income VIP Fund,
Franklin U.S. Government Securities VIP Fund, Franklin VolSmart
Allocation VIP Fund, Templeton Developing Markets VIP Fund,
Templeton Foreign VIP Fund, Templeton Global Bond VIP Fund
and Templeton Growth VIP Fund (constituting Franklin
Templeton Variable Insurance Products Trust, hereafter
collectively referred to as the "Funds") as of and for the year ended
December 31, 2023, in accordance with the standards of the Public
Company Accounting Oversight Board (United States) (PCAOB),
we considered the Funds' internal control over financial reporting,
including controls over safeguarding securities, as a basis for
designing our auditing procedures for the purpose of expressing
our opinion on the financial statements and to comply with the
requirements of Form N-CEN, but not for the purpose of
expressing an opinion on the effectiveness of the Funds' internal
control over financial reporting. Accordingly, we do not express an
opinion on the effectiveness of the Funds' internal control over
financial reporting.
The management of the Funds is responsible for establishing and
maintaining effective internal control over financial reporting. In
fulfilling this responsibility, estimates and judgments by
management are required to assess the expected benefits and
related costs of controls. A company's internal control over
financial reporting is a process designed to provide reasonable
assurance regarding the reliability of financial reporting and the
preparation of financial statements for external purposes in
accordance with generally accepted accounting principles. A
company's internal control over financial reporting includes those
policies and procedures that (1) pertain to the maintenance of
records that, in reasonable detail, accurately and fairly reflect the
transactions and dispositions of the assets of the company; (2)
provide reasonable assurance that transactions are recorded as
necessary to permit preparation of financial statements in
accordance with generally accepted accounting principles, and
that receipts and expenditures of the company are being made
only in accordance with authorizations of management and
directors of the company; and (3) provide reasonable assurance
regarding prevention or timely detection of unauthorized
acquisition, use or disposition of a company's assets that could
have a material effect on the financial statements.
Because of its inherent limitations, internal control over financial
reporting may not prevent or detect misstatements. Also,
projections of any evaluation of effectiveness to future periods are
subject to the risk that controls may become inadequate because of
changes in conditions, or that the degree of compliance with the
policies or procedures may deteriorate.
A deficiency in internal control over financial reporting exists
when the design or operation of a control does not allow
management or employees, in the normal course of performing
their assigned functions, to prevent or detect misstatements on a
timely basis. A material weakness is a deficiency, or a combination
of deficiencies, in internal control over financial reporting, such
that there is a reasonable possibility that a material misstatement
of the company's annual or interim financial statements will not be
prevented or detected on a timely basis.
Our consideration of the Funds' internal control over financial
reporting was for the limited purpose described in the first
paragraph and would not necessarily disclose all deficiencies in
internal control over financial reporting that might be material
weaknesses under standards established by the PCAOB. However,
we noted no deficiencies in the Funds' internal control over
financial reporting and its operation, including controls over
safeguarding securities, that we consider to be a material weakness
as defined above as of December 31, 2023.
This report is intended solely for the information and use of the
Board of Trustees of Franklin Templeton Variable Insurance
Products Trust and the Securities and Exchange Commission and
is not intended to be and should not be used by anyone other than
these specified parties.
/s/PricewaterhouseCoopers LLP
San Francisco, California
February 20, 2024
EXEMPT ORDER INFO
4
IC-32722.txt
UNITED STATES OF AMERICA
BEFORE THE
SECURITIES AND EXCHANGE COMMISSION
INVESTMENT COMPANY ACT OF 1940
Release no. 32722/July 3, 2017
________________________________________________
In the Matter of :
:
Franklin Fund Allocator Series :
Franklin Advisers, Inc. :
Franklin Templeton Distributors, Inc. :
:
One Franklin Parkway :
San Mateo, CA 94403 :
:
(812-14611) :
________________________________________________:
ORDER UNDER SECTION 12(d)(1)(J) OF THE INVESTMENT COMPANY ACT OF
1940 GRANTING AN EXEMPTION FROM SECTIONS 12(d)(1)(A), (B), AND
(C) OF THE ACT, UNDER SECTIONS 6(c) AND 17(b) OF THE ACT
GRANTING AN EXEMPTION FROM SECTION 17(a) OF THE ACT, AND UNDER
SECTION 6(C) OF THE ACT FOR AN EXEMPTION FROM RULE 12d1-2(a)
UNDER THE ACT
Franklin Fund Allocator Series, Franklin Advisers, Inc., and
Franklin Templeton Distributors, Inc. filed an application
on February 9, 2016, and an amendment to the application on
May 23, 2017, requesting an order under section 12(d)(1)(J)
of the Investment Company Act of 1940 (the "Act") granting
an exemption from sections 12(d)(1)(A), (B), and (C) of the
Act, under sections 6(c) and 17(b) of the Act granting an
exemption from section 17(a) of the Act, and under section
6(c) of the Act for an exemption from rule 12d1-2(a) under
the Act. The order would permit (a) certain registered open-end
management investment companies that operate as "funds of funds"
to acquire shares of certain registered open-end management
investment companies, registered closed-end management investment
companies, "business development companies," as defined by section
2(a)(48) of the Act, and registered unit investment trusts that
are within and outside the same group of investment companies as
the acquiring investment companies and (b) certain registered
open-end management investment companies relying on rule 12d1-2
under the Act to invest in certain financial instruments.
On June 5, 2017, a notice of the filing of the application was
issued (Investment Company Act Release No. 32669). The notice
gave interested persons an opportunity to request a hearing
and stated that an order granting the application would be
issued unless a hearing was ordered. No request for a hearing
has been filed, and the Commission has not ordered a hearing.
2
The matter has been considered and it is found, on the basis
of the information set forth in the application, as amended,
that granting the requested exemption is appropriate in and
consistent with the public interest and consistent with the
protection of investors and the purposes fairly intended by
the policy and provisions of the Act.
It is also found that the terms of the proposed transactions
are reasonable and fair and do not involve overreaching, and
the proposed transactions are consistent with the policies of
each registered investment company concerned and with the
general purposes of the Act.
Accordingly,
IT IS ORDERED, that the relief requested under section 12(d)(1)(J)
of the Act from sections 12(d)(1)(A), (B), and (C) of the Act,
under sections 6(c) and 17(b) of the Act from section 17(a) of
the Act, and under section 6(c) of the Act for an exemption from
rule 12d1-2(a) under the Act by Franklin Fund Allocator Series,
et al. (File No. 812-14611) is granted, effective immediately,
subject to the conditions contained in the application, as amended.
For the Commission, by the Division of Investment Management,
under delegated authority.
Eduardo Aleman
Assistant Secretary
EXEMPT ORDER INFO
5
IC-15534.txt
SEC Releases, In the Matter of Age High Income Fund, Inc., et al.,
777 Mariners Island Boulevard, San Mateo, CA 94404, Securities and
Exchange Commission, (Jan. 13, 1987)
SEC Releases
Click to open document in a browser
37 SEC-DOCKET 569-02
Release No. IC-15534
File No. 812-6505
January 13, 1987
ORDER PERMITTING JOINT TRADING ACCOUNTS
AGE High Income Fund, Inc; Birr, Wilson Money Fund; Franklin
California Tax-Free Income Fund, Inc.; Franklin New York Tax-Free
Income Fund, Inc; Franklin California Tax-Free Trust; Franklin
Tax-Free Trust; Franklin Corporate Cash Management Fund; Franklin
Custodian Funds, Inc; Franklin Equity Fund; Franklin Federal Money
Fund; Franklin Federal Tax-Free Income Fund; Franklin Gold Fund;
Franklin Money Fund; Franklin Option Fund; Franklin Tax-Exempt Money
Fund; Franklin New York Tax-Exempt Money Fund; Franklin
Pennsylvania Investors Fund; and Institutional Fiduciary Trust
("Funds") and Franklin Advisers, Inc., filed an application on
October 17, 1986, and an amendment thereto on November 24,
1986, requesting an order of the Commission under Section 17(d)
of the Investment Company Act of 1940 ("Act") and Rule 17d-1
thereunder to permit the Funds, as well as future investment
companies for which subsidiaries or affiliates of Franklin
Resources, Inc. serve as investment managers, to deposit
their cash balances remaining uninvested at the end of each
trading day into a single joint account whose daily balance
would be used to enter into one or more repurchase agreements
in a total amount equal to the aggregate daily balance in
the account ("Joint Accounts").
On December 17, 1986, a notice was issued (Investment Company
Act Release No. 15485) of the filing of the application. The
notice gave interested persons an opportunity to request a
hearing and stated that an order disposing of the application
would be issued as of course unless a hearing should be ordered.
No request for a hearing has been filed, and the Commission has
not ordered a hearing.
The matter having been considered, it is found that the
participation of the Funds in the Joint Accounts is consistent
with the provisions, policies and purposes of the Act and that
their participation in the Joint Accounts is not on a basis less
advantageous than that of any other participant. Accordingly,
IT IS ORDERED, pursuant to Section 17(d) of the Act and Rule 17d-1
thereunder that the application to permit the Funds to participate
in the Joint Accounts as described in the application, be, and
hereby is granted, effective forthwith.
For the Commission, by the Division of Investment Management,
under delegated authority.
Jonathan G. Katz
Secretary