Report
of Independent AccountantsUNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-17F-2
CERTIFICATE OF ACCOUNTING OF SECURITIES AND SIMILAR
INVESTMENTS IN THE CUSTODY OF
MANAGEMENT INVESTMENT COMPANIES
PURSUANT TO RULE N-17F-2 [17 CFR 270.17f-2]
1. Investment Company Act File Number: | Date Examination completed: | |||||
811-07866 | September 15, 2026 | |||||
2. State Identification Number: | ||||||
AL | AK | AZ | AR | CA | CO | |
CT | DE | DC | FL | GA | HI | |
ID | IL | IN | IA | KS | KY | |
LA | ME | MD | MA | MI | MN | |
MS | MO | MT | NE | NV | NH | |
NJ | NM | NY | NC | ND | OH | |
OK | OR | PA | RI | SC | SD | |
TN | TX | UT | VT | VA | WA | |
WV | WI | WY | PUERTO RICO | |||
3. Exact name of investment company as specified in registration statement: | ||||||
Templeton Emerging Markets Income Fund | ||||||
4. Address of principal executive office: (number, street, city, state, zip code) | ||||||
300 S.E. 2nd Street, Fort Lauderdale, FL 33301-1923
Report
of Independent Accountants
To the Boards of Trustees and Management of:
Franklin Custodian Funds
Franklin ETF Trust
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 Limited Duration Income Trust
Franklin Managed Trust
Franklin Real Estate Securities Trust
Franklin Strategic Series
Franklin Templeton ETF Trust
Franklin Templeton Variable Insurance Products Trust
Franklin U.S. Government Money Fund
Franklin Universal Trust
Institutional Fiduciary Trust
Templeton Developing Markets Trust
Templeton Emerging Markets Fund
Templeton Emerging Markets Income Fund
Templeton Global Investment Trust
Templeton Income Trust
Templeton
Institutional Funds
And the Boards of Directors and Management of:
Templeton
Dragon Fund, Inc.
We have examined management's assertion, included in the accompanying Management Statement Regarding Compliance with Certain Provisions of the Investment Company Act of 1940, that the Funds listed in Attachment A (the “Funds”) complied with the requirements of subsections (b) and (c) of Rule 17f-2 under the Investment Company Act of 1940 (“the Act”) (the “specified requirements”) as of December 31, 2025. The Funds’ management is responsible for its assertion and the Funds' compliance with the specified requirements. Our responsibility is to express an opinion on management's assertion about the Funds' compliance with the specified requirements based on our examination.
Our examination was conducted in accordance with attestation standards established by the American Institute of Certified Public Accountants. Those standards require that we plan and perform the examination to obtain reasonable assurance about whether management’s assertion about compliance with the specified requirements is fairly stated, in all material respects. An examination involves performing procedures to obtain evidence about whether management’s assertion is fairly stated in all material respects. The nature, timing and extent of the procedures selected depend on our judgment, including an assessment of the risks of material misstatement of management’s assertion, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion.
WWW.PWC.COM PricewaterhouseCoopers LLP
405 Howard Street, Suite 600,
San Francisco, CA 94105 T: (415) 498 5000
Included among our procedures were the following tests performed as of December 31, 2025, and with respect to agreement of security purchases and sales or maturities, for the periods as indicated in Attachment A:
- Confirmation of all securities held by Franklin Templeton Investors Services, Inc. (the “Transfer Agent”), as they pertain to the security positions owned by the Funds and held in book entry form
- Reconciliation of all such securities to the books and records of the Funds and the Transfer Agent
- Agreement of 458 security purchases and 528 security sales or maturities since our last report from the books and records of the Funds to the records of the Transfer Agent confirmations
Our examination does not provide a legal determination on the Funds’ compliance with the specified requirements.
We are required to be independent and to meet our other ethical responsibilities in accordance with relevant ethical requirements related to the engagement.
In our opinion, management's assertion that the Funds complied with the requirements of subsections (b) and (c) of Rule 17f-2 of the Investment Company Act of 1940 as of December 31, 2025 with respect to securities reflected in the investment accounts of the Funds are fairly stated, in all material respects.
This report is intended solely for the information and use of management and the Boards of Trustees or Boards of Directors of the Funds 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
September 15, 2026
Attachment A
Franklin Custodian Funds: | Examination Period | ||
Franklin DynaTech Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Growth Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Income Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Government Securities Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Utilities Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin ETF Trust: | |||
Franklin Short Duration U.S. Government ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin Floating Rate Master Trust: | |||
Franklin Floating Rate Master Series | August 1, 2025 - December 31, 2025 b | ||
Franklin Fund Allocator Series: | |||
Franklin Conservative Allocation Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Corefolio Allocation Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Emerging Market Core Equity (IU) Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Global Allocation Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Growth Allocation Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin International Core Equity (IU) Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin LifeSmart Retirement Income Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin LifeSmart 2020 Retirement Target Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin LifeSmart 2025 Retirement Target Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin LifeSmart 2030 Retirement Target Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin LifeSmart 2035 Retirement Target Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin LifeSmart 2040 Retirement Target Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin LifeSmart 2045 Retirement Target Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin LifeSmart 2050 Retirement Target Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin LifeSmart 2055 Retirement Target Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin LifeSmart 2060 Retirement Target Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Moderate Allocation Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Core Equity (IU) Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Global Trust: | |||
Franklin Emerging Market Debt Opportunities Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin International Growth Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Gold and Precious Metals Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin High Income Trust: | |||
Franklin High Income Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Investors Securities Trust: | |||
Franklin Convertible Securities Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Equity Income Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Floating Rate Daily Access Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Long Duration Credit Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Low Duration Total Return Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Low Duration U.S. Government Securities Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Managed Income Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Total Return Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Limited Duration Income Trust | August 1, 2025 - December 31, 2025 a | ||
Franklin Managed Trust: | |||
Franklin Rising Dividends Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Real Estate Securities Trust: | |||
Franklin Real Estate Securities Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Strategic Series: | |||
Franklin Biotechnology Discovery Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Growth Opportunities Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Natural Resources Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Small Cap Growth Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Small-Mid Cap Growth Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Core Plus Bond Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Templeton SMACS: Series C | August 1, 2025 - December 31, 2025 a | ||
Franklin Templeton SMACS: Series CP | August 1, 2025 - December 31, 2025 a | ||
Franklin Templeton SMACS: Series E | August 1, 2025 - December 31, 2025 a | ||
Franklin Templeton SMACS: Series I | August 1, 2025 - December 31, 2025 a | ||
Franklin Templeton ETF Trust: | |||
Franklin Dividend Growth ETF | August 28, 2025 (inception date) – December 31, 2025 b | ||
Franklin Emerging Market Core Dividend Tilt Index ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin Exponential Data ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin Focused Growth ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Asia ex Japan ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Australia ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Brazil ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Canada ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE China ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Europe ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Eurozone ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Germany ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE India ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Japan ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Japan Hedged ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Latin America ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Mexico ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Saudi Arabia ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE South Korea ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Switzerland ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Taiwan ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE United Kingdom ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin High Yield Corporate ETF | August 1, 2025 - December 31, 2025 b | ||
Franklin Income Equity Focus ETF | August 1, 2025 - December 31, 2025 b | ||
Franklin Income Focus ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin International Aggregate Bond ETF | August 1, 2025 - December 31, 2025 b | ||
Franklin International Core Dividend Tilt Index ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin International Dividend Booster Index ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin Investment Grade Corporate ETF | August 1, 2025 - December 31, 2025 b | ||
Franklin Multisector Income ETF | August 26, 2025 (inception date) – December 31, 2025 b | ||
Franklin Senior Loan ETF | August 1, 2025 - December 31, 2025 b | ||
Franklin Small Cap Enhanced ETF | December 9, 2025 (inception date) – December 31, 2025 b | ||
Franklin Systematic Style Premia ETF | August 1, 2025 - December 31, 2025 b | ||
Franklin Ultra Short Bond ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Core Bond ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Core Dividend Tilt Index ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Dividend Booster Index ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Equity Index ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Large Cap Multifactor Index ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Mid Cap Multifactor Index ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Small Cap Multifactor Index ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Treasury Bond ETF | August 1, 2025 - December 31, 2025 a | ||
Templeton International Insights ETF | October 21, 2025 (inception date) – December 31, 2025 b | ||
Franklin Templeton Variable Insurance Products Trust: | |||
Franklin Allocation VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin DynaTech VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Global Real Estate VIP Fund | August 1, 2025 - December 31, 2025 b | ||
Franklin Growth and Income VIP Fund | August 1, 2025 - December 31, 2025 b | ||
Franklin Income VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Large Cap Growth VIP Fund | August 1, 2025 - December 31, 2025 b | ||
Franklin Mutual Global Discovery VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Mutual Shares VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Rising Dividends VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Small Cap Value VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Small-Mid Cap Growth VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Strategic Income VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Government Securities VIP Fund | August 1, 2025 - December 31, 2025 b | ||
Templeton Developing Markets VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Templeton Foreign VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Templeton Global Bond VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Government Money Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Universal Trust | August 1, 2025 - December 31, 2025 a | ||
Institutional Fiduciary Trust: | |||
Franklin Institutional U.S. Government Money Market Fund | August 1, 2025 - December 31, 2025 a | ||
Templeton Developing Markets Trust | August 1, 2025 - December 31, 2025 a | ||
Templeton Emerging Markets Fund | August 1, 2025 - December 31, 2025 a | ||
Templeton Emerging Markets Income Fund | August 1, 2025 - December 31, 2025 a | ||
Templeton Global Investment Trust: | |||
Franklin Templeton SMACS: Series EM | August 1, 2025 - December 31, 2025 a | ||
Templeton Emerging Markets Small Cap Fund | August 1, 2025 - December 31, 2025 a | ||
Templeton Global Dynamic Income Fund | August 1, 2025 - December 31, 2025 a | ||
Templeton Income Trust: | |||
Templeton Global Bond Fund | August 1, 2025 - December 31, 2025 a | ||
Templeton Global Bond Enhanced Fund | August 1, 2025 - December 31, 2025 a | ||
Templeton Sustainable Emerging Markets Bond Fund | August 1, 2025 - December 31, 2025 a | ||
Templeton Institutional Funds: | |||
International Equity Series | August 1, 2025 - December 31, 2025 a | ||
Templeton Dragon Fund, Inc. | August 1, 2025 - December 31, 2025 a | ||
Legend:
a: July 31, 2025 represents the date of our last examination.
b: Fund was not in scope for the July 31, 2025 examination.
Franklin Templeton Services, LLC
3355 Data Drive
Rancho Cordova, CA 95670
tel (800) 632.2350
franklintempleton.com
Management Statement Regarding Compliance with Certain
Provisions of the Investment Company Act of 1940
We, as members of management of the Funds listed in Attachment A (the “Funds”), are responsible for complying with the requirements of subsections (b) and (c) of Rule 17f-2, Custody of Investments by Registered Management Investment Companies, of the Investment Company Act of 1940. We are also responsible for establishing and maintaining effective internal controls over compliance with those requirements. We have performed an evaluation of the Funds' compliance with the requirements of subsections (b) and (c) of Rule 17f-2 as of December 31, 2025, and for the periods indicated in Attachment A.
Based on this evaluation, we assert that the Funds were in compliance with the requirements of subsections (b) and (c) of Rule 17f-2 of the Investment Company Act of 1940 as of December 31, 2025, and for the periods indicated in Attachment A, with respect to securities reflected in the investment account of the Funds.
By:
/s/CHRISTOPHER
KINGS
Christopher Kings
Chief Executive Officer - Finance and Administration
Franklin
Templeton Group of Funds
Date September 15, 2026
/s/JEFFREY W. WHITE
Jeffrey
W. White
Chief Financial Officer, Chief Accounting Officer and Treasurer
Date
September 15, 2026
Attachment A
Franklin Custodian Funds: | Examination Period | ||
Franklin DynaTech Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Growth Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Income Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Government Securities Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Utilities Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin ETF Trust: | |||
Franklin Short Duration U.S. Government ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin Floating Rate Master Trust: | |||
Franklin Floating Rate Master Series | August 1, 2025 - December 31, 2025 b | ||
Franklin Fund Allocator Series: | |||
Franklin Conservative Allocation Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Corefolio Allocation Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Emerging Market Core Equity (IU) Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Global Allocation Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Growth Allocation Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin International Core Equity (IU) Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin LifeSmart Retirement Income Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin LifeSmart 2020 Retirement Target Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin LifeSmart 2025 Retirement Target Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin LifeSmart 2030 Retirement Target Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin LifeSmart 2035 Retirement Target Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin LifeSmart 2040 Retirement Target Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin LifeSmart 2045 Retirement Target Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin LifeSmart 2050 Retirement Target Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin LifeSmart 2055 Retirement Target Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin LifeSmart 2060 Retirement Target Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Moderate Allocation Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Core Equity (IU) Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Global Trust: | |||
Franklin Emerging Market Debt Opportunities Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin International Growth Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Gold and Precious Metals Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin High Income Trust: | |||
Franklin High Income Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Investors Securities Trust: | |||
Franklin Convertible Securities Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Equity Income Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Floating Rate Daily Access Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Long Duration Credit Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Low Duration Total Return Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Low Duration U.S. Government Securities Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Managed Income Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Total Return Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Limited Duration Income Trust | August 1, 2025 - December 31, 2025 a | ||
Franklin Managed Trust: | |||
Franklin Rising Dividends Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Real Estate Securities Trust: | |||
Franklin Real Estate Securities Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Strategic Series: | |||
Franklin Biotechnology Discovery Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Growth Opportunities Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Natural Resources Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Small Cap Growth Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Small-Mid Cap Growth Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Core Plus Bond Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Templeton SMACS: Series C | August 1, 2025 - December 31, 2025 a | ||
Franklin Templeton SMACS: Series CP | August 1, 2025 - December 31, 2025 a | ||
Franklin Templeton SMACS: Series E | August 1, 2025 - December 31, 2025 a | ||
Franklin Templeton SMACS: Series I | August 1, 2025 - December 31, 2025 a | ||
Franklin Templeton ETF Trust: | |||
Franklin Dividend Growth ETF | August 28, 2025 (inception date) – December 31, 2025 b | ||
Franklin Emerging Market Core Dividend Tilt Index ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin Exponential Data ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin Focused Growth ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Asia ex Japan ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Australia ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Brazil ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Canada ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE China ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Europe ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Eurozone ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Germany ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE India ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Japan ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Japan Hedged ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Latin America ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Mexico ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Saudi Arabia ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE South Korea ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Switzerland ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE Taiwan ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin FTSE United Kingdom ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin High Yield Corporate ETF | August 1, 2025 - December 31, 2025 b | ||
Franklin Income Equity Focus ETF | August 1, 2025 - December 31, 2025 b | ||
Franklin Income Focus ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin International Aggregate Bond ETF | August 1, 2025 - December 31, 2025 b | ||
Franklin International Core Dividend Tilt Index ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin International Dividend Booster Index ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin Investment Grade Corporate ETF | August 1, 2025 - December 31, 2025 b | ||
Franklin Multisector Income ETF | August 26, 2025 (inception date) – December 31, 2025 b | ||
Franklin Senior Loan ETF | August 1, 2025 - December 31, 2025 b | ||
Franklin Small Cap Enhanced ETF | December 9, 2025 (inception date) – December 31, 2025 b | ||
Franklin Systematic Style Premia ETF | August 1, 2025 - December 31, 2025 b | ||
Franklin Ultra Short Bond ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Core Bond ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Core Dividend Tilt Index ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Dividend Booster Index ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Equity Index ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Large Cap Multifactor Index ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Mid Cap Multifactor Index ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Small Cap Multifactor Index ETF | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Treasury Bond ETF | August 1, 2025 - December 31, 2025 a | ||
Templeton International Insights ETF | October 21, 2025 (inception date) – December 31, 2025 b | ||
Franklin Templeton Variable Insurance Products Trust: | |||
Franklin Allocation VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin DynaTech VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Global Real Estate VIP Fund | August 1, 2025 - December 31, 2025 b | ||
Franklin Growth and Income VIP Fund | August 1, 2025 - December 31, 2025 b | ||
Franklin Income VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Large Cap Growth VIP Fund | August 1, 2025 - December 31, 2025 b | ||
Franklin Mutual Global Discovery VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Mutual Shares VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Rising Dividends VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Small Cap Value VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Small-Mid Cap Growth VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Strategic Income VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Government Securities VIP Fund | August 1, 2025 - December 31, 2025 b | ||
Templeton Developing Markets VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Templeton Foreign VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Templeton Global Bond VIP Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin U.S. Government Money Fund | August 1, 2025 - December 31, 2025 a | ||
Franklin Universal Trust | August 1, 2025 - December 31, 2025 a | ||
Institutional Fiduciary Trust: | |||
Franklin Institutional U.S. Government Money Market Fund | August 1, 2025 - December 31, 2025 a | ||
Templeton Developing Markets Trust | August 1, 2025 - December 31, 2025 a | ||
Templeton Emerging Markets Fund | August 1, 2025 - December 31, 2025 a | ||
Templeton Emerging Markets Income Fund | August 1, 2025 - December 31, 2025 a | ||
Templeton Global Investment Trust: | |||
Franklin Templeton SMACS: Series EM | August 1, 2025 - December 31, 2025 a | ||
Templeton Emerging Markets Small Cap Fund | August 1, 2025 - December 31, 2025 a | ||
Templeton Global Dynamic Income Fund | August 1, 2025 - December 31, 2025 a | ||
Templeton Income Trust: | |||
Templeton Global Bond Fund | August 1, 2025 - December 31, 2025 a | ||
Templeton Global Bond Enhanced Fund | August 1, 2025 - December 31, 2025 a | ||
Templeton Sustainable Emerging Markets Bond Fund | August 1, 2025 - December 31, 2025 a | ||
Templeton Institutional Funds: | |||
International Equity Series | August 1, 2025 - December 31, 2025 a | ||
Templeton Dragon Fund, Inc. | August 1, 2025 - December 31, 2025 a | ||
Legend:
a: July 31, 2025 represents the date of our last examination.
b: Fund was not in scope for the July 31, 2025 examination.