<SEC-DOCUMENT>0000856119-16-000090-index.html : 20160830
<SEC-HEADER>0000856119-16-000090.hdr.sgml : 20160830
<ACCEPTANCE-DATETIME>20160830110904
ACCESSION NUMBER:		0000856119-16-000090
CONFORMED SUBMISSION TYPE:	N-PX
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20160630
FILED AS OF DATE:		20160830
DATE AS OF CHANGE:		20160830
EFFECTIVENESS DATE:		20160830

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			FRANKLIN VALUE INVESTORS TRUST
		CENTRAL INDEX KEY:			0000856119
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			MA
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		N-PX
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-05878
		FILM NUMBER:		161859660

	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 BALANCE SHEET INVESTMENT FUND
		DATE OF NAME CHANGE:	19920703
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<SERIES-NAME>FRANKLIN MICROCAP VALUE FUND
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<CLASS-CONTRACT-TICKER-SYMBOL>FVRMX
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<CLASS-CONTRACT-TICKER-SYMBOL>FMVAX
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<OWNER-CIK>0000856119
<SERIES-ID>S000007356
<SERIES-NAME>FRANKLIN SMALL CAP VALUE FUND
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<CLASS-CONTRACT-ID>C000020203
<CLASS-CONTRACT-NAME>CLASS A
<CLASS-CONTRACT-TICKER-SYMBOL>FRVLX
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<CLASS-CONTRACT-TICKER-SYMBOL>FRVFX
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<CLASS-CONTRACT-ID>C000020206
<CLASS-CONTRACT-NAME>CLASS R
<CLASS-CONTRACT-TICKER-SYMBOL>FVFRX
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<CLASS-CONTRACT-ID>C000020207
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<CLASS-CONTRACT-ID>C000128827
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<OWNER-CIK>0000856119
<SERIES-ID>S000017725
<SERIES-NAME>Franklin All Cap Value Fund
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<CLASS-CONTRACT-TICKER-SYMBOL>FRAVX
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<DOCUMENT>
<TYPE>N-PX
<SEQUENCE>1
<FILENAME>fvit_npx-0616.htm
<TEXT>
Document 1 - file: fvit_npx-0616.htm

</DOCUMENT>
</SEC-DOCUMENT>