Franklin Strategic Income Fund

Fund Profile

Fund profile

Tickers

FRSTX, FSGCX, FKSAX, FKSRX, FGKNX

Fund manager

Franklin Strategic Series

Total assets

$2.72 bn

Liabilities

$147.38 mm

Net assets

$2.57 bn

Number of holdings

8.16 k

Top 200 of 8156 Holdings

As of Oct 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
U.S. Treasury Bonds	120.30 mm	125.00 mm principal	4.68	Debt	Long	USA
FNMA, Single-family, 30 Year	77.01 mm	97.14 mm principal	3.00	ABS-mortgage backed security	Long	USA
Institutional Fiduciary Trust - Money Market Portfolio	61.86 mm	61.86 mm shares	2.41	Short-term investment vehicle	Long	USA
U.S. Treasury Notes	59.83 mm	60.00 mm principal	2.33	Debt	Long	USA
FHLMC Pool, 30 Year	51.41 mm	54.11 mm principal	2.00	ABS-mortgage backed security	Long	USA
U.S. Treasury Bonds	46.96 mm	50.00 mm principal	1.83	Debt	Long	USA
U.S. Treasury Notes	43.38 mm	43.70 mm principal	1.69	Debt	Long	USA
U.S. Treasury Notes	37.61 mm	39.00 mm principal	1.46	Debt	Long	USA
U.S. Treasury Notes	35.10 mm	27.00 mm principal	1.37	Debt	Long	USA
FNMA, Single-family, 30 Year	32.93 mm	33.89 mm principal	1.28	ABS-mortgage backed security	Long	USA
FHLMC Pool, 30 Year	32.60 mm	35.24 mm principal	1.27	ABS-mortgage backed security	Long	USA
U.S. Treasury Notes	32.36 mm	32.50 mm principal	1.26	Debt	Long	USA
Dryden 75 CLO Ltd., Series 2019-75A, Class AR2	30.38 mm	30.32 mm principal	1.18	ABS-collateralized bond/debt obligation	Long	Cayman Islands
FHLMC Pool, 30 Year	26.51 mm	33.33 mm principal	1.03	ABS-mortgage backed security	Long	USA
GNMA II, Single-family, 30 Year	25.62 mm	26.23 mm principal	1.00	ABS-mortgage backed security	Long	USA
FHLMC Pool, 30 Year	25.19 mm	25.41 mm principal	0.98	ABS-mortgage backed security	Long	USA
FNMA, 30 Year	24.67 mm	24.50 mm principal	0.96	ABS-mortgage backed security	Long	USA
U.S. Treasury Notes	16.29 mm	17.00 mm principal	0.63	Debt	Long	USA
C Citigroup Inc.	15.59 mm	15.50 mm principal	0.61	Debt	Long	USA
Charter Communications Operating LLC / Charter Communications Operating Capital Corp.	13.38 mm	15.90 mm principal	0.52	Debt	Long	USA
MPLX MPLX LP	13.21 mm	15.00 mm principal	0.51	Debt	Long	USA
EXC Exelon Corporation	12.87 mm	13.40 mm principal	0.50	Debt	Long	USA
T-Mobile USA, Inc.	12.73 mm	13.40 mm principal	0.50	Debt	Long	USA
Franklin BSP Real Estate Credit BDC	12.67 mm	489.64 k shares	0.49	Common equity	Long	USA
African Export-Import Bank (The)	12.66 mm	13.60 mm principal	0.49	Debt	Long	USA
Colombia Government Bond	12.35 mm	55.75 bn principal	0.48	Debt	Long	Colombia
FOX Fox Corporation	12.25 mm	11.50 mm principal	0.48	Debt	Long	USA
U.S. Treasury Notes	12.14 mm	12.10 mm principal	0.47	Debt	Long	USA
PSMC Trust, Series 2021-3, Class A3	11.82 mm	13.31 mm principal	0.46	ABS-mortgage backed security	Long	USA
MO Altria Group, Inc.	11.45 mm	12.40 mm principal	0.45	Debt	Long	USA
Bayer US Finance II LLC	11.31 mm	11.70 mm principal	0.44	Debt	Long	USA
Banque Ouest Africaine de Developpement	11.28 mm	11.50 mm principal	0.44	Debt	Long	USA
Home Partners of America Trust, Series 2021-2, Class B	11.21 mm	11.88 mm principal	0.44	ABS-other	Long	USA
ENLC EnLink Midstream, LLC	11.00 mm	10.90 mm principal	0.43	Debt	Long	USA
HCA, Inc.	10.92 mm	11.90 mm principal	0.42	Debt	Long	USA
Vistra Operations Co. LLC	10.48 mm	11.00 mm principal	0.41	Debt	Long	USA
Prime Security Services Borrower LLC / Prime Finance, Inc.	10.36 mm	11.00 mm principal	0.40	Debt	Long	USA
Var Energi ASA	10.24 mm	9.00 mm principal	0.40	Debt	Long	Norway
MSCI MSCI Inc.	10.10 mm	11.80 mm principal	0.39	Debt	Long	USA
U.S. Treasury Bonds	9.98 mm	13.40 mm principal	0.39	Debt	Long	USA
Toronto-Dominion Bank (The)	9.89 mm	9.90 mm principal	0.38	Debt	Long	Canada
Sabine Pass Liquefaction LLC	9.73 mm	10.00 mm principal	0.38	Debt	Long	USA
J.P. Morgan Mortgage Trust, Series 2021-13, Class A4	9.73 mm	11.03 mm principal	0.38	ABS-mortgage backed security	Long	USA
Morgan Stanley	9.69 mm	10.00 mm principal	0.38	Debt	Long	USA
Metropolitan Life Global Funding I	9.69 mm	9.60 mm principal	0.38	Debt	Long	USA
TPR Tapestry, Inc.	9.51 mm	9.30 mm principal	0.37	Debt	Long	USA
Bank of America Corp.	9.41 mm	9.50 mm principal	0.37	Debt	Long	USA
SRCL Stericycle Inc	9.35 mm	9.50 mm principal	0.36	Debt	Long	USA
HSBC HSBC Holdings plc	9.09 mm	9.10 mm principal	0.35	Debt	Long	UK
DAR Darling Ingredients Inc.	8.95 mm	9.00 mm principal	0.35	Debt	Long	USA
Teva Pharmaceutical Finance Netherlands III BV	8.84 mm	9.10 mm principal	0.34	Debt	Long	Netherlands
Cablevision Lightpath LLC	8.78 mm	9.20 mm principal	0.34	Debt	Long	USA
First Student Bidco, Inc. / First Transit Parent, Inc.	8.75 mm	9.50 mm principal	0.34	Debt	Long	USA
EMRLD Borrower LP / Emerald Co-Issuer, Inc.	8.66 mm	8.50 mm principal	0.34	Debt	Long	USA
Estee Lauder Cos., Inc. (The)	8.52 mm	8.80 mm principal	0.33	Debt	Long	USA
Primo Water Holdings, Inc.	8.49 mm	9.00 mm principal	0.33	Debt	Long	USA
IRM Iron Mountain Incorporated	8.44 mm	8.20 mm principal	0.33	Debt	Long	USA
JPMorgan Chase & Co.	8.31 mm	9.40 mm principal	0.32	Debt	Long	USA
DVA DaVita Inc.	8.29 mm	9.00 mm principal	0.32	Debt	Long	USA
UBS Group AG	8.21 mm	8.15 mm principal	0.32	Debt	Long	Switzerland
Sealed Air Corp.	8.09 mm	8.00 mm principal	0.31	Debt	Long	USA
THC Tenet Healthcare Corporation	8.05 mm	8.00 mm principal	0.31	Debt	Long	USA
Tencent Holdings Ltd.	8.02 mm	9.10 mm principal	0.31	Debt	Long	Cayman Islands
Comision Federal de Electricidad	8.02 mm	9.50 mm principal	0.31	Debt	Long	Mexico
POSCO	8.00 mm	7.95 mm principal	0.31	Debt	Long	Korea, Republic of
BA The Boeing Company	8.00 mm	8.10 mm principal	0.31	Debt	Long	USA
CZR Caesars Entertainment, Inc.	7.97 mm	8.50 mm principal	0.31	Debt	Long	USA
Truist Financial Corp.	7.97 mm	7.90 mm principal	0.31	Debt	Long	USA
Deutsche Bank AG	7.96 mm	7.80 mm principal	0.31	Debt	Long	Germany
TransDigm, Inc.	7.94 mm	8.00 mm principal	0.31	Debt	Long	USA
American Airlines, Inc. / AAdvantage Loyalty IP Ltd.	7.93 mm	8.00 mm principal	0.31	Debt	Long	USA
Dell International LLC / EMC Corp.	7.90 mm	7.80 mm principal	0.31	Debt	Long	USA
FNMA, 30 Year	7.89 mm	9.10 mm principal	0.31	ABS-mortgage backed security	Long	USA
HEES H&E Equipment Services, Inc.	7.86 mm	8.50 mm principal	0.31	Debt	Long	USA
Talen Energy Supply LLC	7.77 mm	7.20 mm principal	0.30	Debt	Long	USA
Wells Fargo & Co.	7.76 mm	7.40 mm principal	0.30	Debt	Long	USA
COTY Coty Inc.	7.73 mm	8.00 mm principal	0.30	Debt	Long	USA
Bank of America Corp.	7.71 mm	8.00 mm principal	0.30	Debt	Long	USA
Aker BP ASA	7.62 mm	8.70 mm principal	0.30	Debt	Long	Norway
Sunoco LP / Sunoco Finance Corp.	7.61 mm	8.00 mm principal	0.30	Debt	Long	USA
BPCE SA	7.46 mm	7.90 mm principal	0.29	Debt	Long	France
IQVIA, Inc.	7.40 mm	7.20 mm principal	0.29	Debt	Long	USA
Arch Capital Group Ltd.	7.40 mm	10.00 mm principal	0.29	Debt	Long	Bermuda
RHP Hotel Properties LP / RHP Finance Corp.	7.39 mm	7.30 mm principal	0.29	Debt	Long	USA
LGIH LGI Homes, Inc.	7.38 mm	7.00 mm principal	0.29	Debt	Long	USA
HSBC HSBC Holdings plc	7.36 mm	8.30 mm principal	0.29	Debt	Long	UK
BLCO Bausch + Lomb Corporation	7.35 mm	7.00 mm principal	0.29	Debt	Long	Canada
KNF Knife River Corporation	7.34 mm	7.00 mm principal	0.29	Debt	Long	USA
CNQ Canadian Natural Resources Limited	7.34 mm	8.20 mm principal	0.29	Debt	Long	Canada
EquipmentShare.com, Inc.	7.33 mm	7.10 mm principal	0.29	Debt	Long	USA
OneMain Finance Corp.	7.32 mm	6.90 mm principal	0.28	Debt	Long	USA
PM Philip Morris International Inc.	7.30 mm	7.20 mm principal	0.28	Debt	Long	USA
D Dominion Energy, Inc.	7.23 mm	7.80 mm principal	0.28	Debt	Long	USA
WESCO Distribution, Inc.	7.15 mm	7.00 mm principal	0.28	Debt	Long	USA
BX Commercial Mortgage Trust, Series 2022-LP2, Class A	7.08 mm	7.10 mm principal	0.28	ABS-mortgage backed security	Long	USA
Global Net Lease, Inc. / Global Net Lease Operating Partnership LP	7.07 mm	7.70 mm principal	0.27	Debt	Long	USA
PRG PROG Holdings, Inc.	7.06 mm	7.30 mm principal	0.27	Debt	Long	USA
Grand Canyon University	7.04 mm	7.50 mm principal	0.27	Debt	Long	USA
FNMA, 30 Year	7.01 mm	7.43 mm principal	0.27	ABS-mortgage backed security	Long	USA
VZ Verizon Communications Inc.	7.01 mm	8.40 mm principal	0.27	Debt	Long	USA
Jefferson Capital Holdings LLC	6.98 mm	7.00 mm principal	0.27	Debt	Long	USA
Allison Transmission, Inc.	6.98 mm	7.00 mm principal	0.27	Debt	Long	USA
Flex Ltd.	6.95 mm	7.10 mm principal	0.27	Debt	Long	Singapore
Trivium Packaging Finance BV	6.94 mm	7.00 mm principal	0.27	Debt	Long	Netherlands
Indonesia Asahan Aluminium PT / Mineral Industri Indonesia Persero PT	6.93 mm	6.90 mm principal	0.27	Debt	Long	Indonesia
Jaguar Land Rover Automotive plc	6.84 mm	7.00 mm principal	0.27	Debt	Long	UK
IT Gartner, Inc.	6.84 mm	7.00 mm principal	0.27	Debt	Long	USA
Societe Generale SA	6.82 mm	7.20 mm principal	0.27	Debt	Long	France
ET+E Energy Transfer Operating, L.P.	6.81 mm	7.30 mm principal	0.26	Debt	Long	USA
Provident Funding Associates LLP, Series 2021-J1, Class A3	6.80 mm	7.77 mm principal	0.26	ABS-mortgage backed security	Long	USA
Avis Budget Car Rental LLC / Avis Budget Finance, Inc.	6.75 mm	6.60 mm principal	0.26	Debt	Long	USA
AMGN Amgen Inc.	6.67 mm	6.60 mm principal	0.26	Debt	Long	USA
Vertiv Group Corp.	6.67 mm	7.00 mm principal	0.26	Debt	Long	USA
Organon & Co. / Organon Foreign Debt Co-Issuer BV	6.64 mm	7.00 mm principal	0.26	Debt	Long	USA
AerCap Ireland Capital DAC / AerCap Global Aviation Trust	6.61 mm	7.70 mm principal	0.26	Debt	Long	Ireland
BNP Paribas SA	6.54 mm	6.50 mm principal	0.25	Debt	Long	France
RGA Global Funding	6.53 mm	6.40 mm principal	0.25	Debt	Long	USA
Allied Universal Holdco LLC	6.52 mm	6.40 mm principal	0.25	Debt	Long	USA
T AT&T Inc.	6.51 mm	8.00 mm principal	0.25	Debt	Long	USA
Societe Generale SA	6.37 mm	7.50 mm principal	0.25	Debt	Long	France
Syngenta Finance NV	6.37 mm	6.39 mm principal	0.25	Debt	Long	Netherlands
ESI Element Solutions Inc	6.36 mm	6.60 mm principal	0.25	Debt	Long	USA
Santander UK Group Holdings plc	6.34 mm	6.70 mm principal	0.25	Debt	Long	UK
Suzano Austria GmbH	6.34 mm	7.10 mm principal	0.25	Debt	Long	Austria
SO The Southern Company	6.28 mm	6.10 mm principal	0.24	Debt	Long	USA
Allwyn Entertainment Financing UK plc	6.22 mm	6.00 mm principal	0.24	Debt	Long	UK
GS The Goldman Sachs Group, Inc.	6.20 mm	6.20 mm principal	0.24	Debt	Long	USA
Wynn Resorts Finance LLC / Wynn Resorts Capital Corp.	6.12 mm	6.30 mm principal	0.24	Debt	Long	USA
DTM DT Midstream, Inc.	6.08 mm	6.60 mm principal	0.24	Debt	Long	USA
FirstCash, Inc.	6.08 mm	6.00 mm principal	0.24	Debt	Long	USA
Neogen Food Safety Corp.	6.07 mm	5.60 mm principal	0.24	Debt	Long	USA
VTLE Vital Energy, Inc.	6.06 mm	6.30 mm principal	0.24	Debt	Long	USA
Alliant Holdings Intermediate LLC / Alliant Holdings Co-Issuer	6.03 mm	6.00 mm principal	0.23	Debt	Long	USA
NRG NRG Energy, Inc.	5.94 mm	6.00 mm principal	0.23	Debt	Long	USA
Zegona Finance plc	5.93 mm	5.60 mm principal	0.23	Debt	Long	UK
HSBC HSBC Holdings plc	5.89 mm	5.85 mm principal	0.23	Debt	Long	UK
FFCB	5.86 mm	7.70 mm principal	0.23	Debt	Long	USA
XPO XPO Logistics, Inc.	5.82 mm	5.60 mm principal	0.23	Debt	Long	USA
Voya CLO Ltd., Series 2013-2A, Class BR	5.80 mm	5.77 mm principal	0.23	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Directv Financing LLC / Directv Financing Co-Obligor, Inc.	5.78 mm	6.00 mm principal	0.22	Debt	Long	USA
Vistra Operations Co. LLC	5.76 mm	6.00 mm principal	0.22	Debt	Long	USA
Pactiv Evergreen Group Issuer LLC / Pactiv Evergreen Group Issuer, Inc.	5.74 mm	6.10 mm principal	0.22	Debt	Long	USA
Venture Global LNG, Inc.	5.72 mm	5.50 mm principal	0.22	Debt	Long	USA
DTE DTE Energy Company	5.71 mm	5.70 mm principal	0.22	Debt	Long	USA
Northwestern Mutual Global Funding	5.64 mm	5.60 mm principal	0.22	Debt	Long	USA
Constellium SE	5.62 mm	6.20 mm principal	0.22	Debt	Long	France
Nationstar Mortgage Holdings Inc	5.55 mm	5.80 mm principal	0.22	Debt	Long	USA
Royal Caribbean Cruises Ltd.	5.54 mm	5.50 mm principal	0.22	Debt	Long	Liberia
Adient Global Holdings Ltd.	5.49 mm	5.30 mm principal	0.21	Debt	Long	Jersey
GS The Goldman Sachs Group, Inc.	5.48 mm	6.50 mm principal	0.21	Debt	Long	USA
Iliad Holding SASU	5.47 mm	5.40 mm principal	0.21	Debt	Long	France
DUK Duke Energy Corporation	5.45 mm	6.20 mm principal	0.21	Debt	Long	USA
1011778 BC ULC / New Red Finance, Inc.	5.42 mm	6.00 mm principal	0.21	Debt	Long	Canada
CommScope Technologies LLC	5.41 mm	5.52 mm principal	0.21	Debt	Long	USA
MTDR Matador Resources Company	5.35 mm	5.40 mm principal	0.21	Debt	Long	USA
Six Flags Entertainment Corp. / Six Flags Theme Parks, Inc.	5.30 mm	5.20 mm principal	0.21	Debt	Long	USA
ACA Arcosa, Inc.	5.29 mm	5.60 mm principal	0.21	Debt	Long	USA
MFG Mizuho Financial Group, Inc.	5.25 mm	5.10 mm principal	0.20	Debt	Long	Japan
Bombardier, Inc.	5.23 mm	5.10 mm principal	0.20	Debt	Long	Canada
Kodiak Gas Services LLC	5.14 mm	5.00 mm principal	0.20	Debt	Long	USA
CMCSA Comcast Corporation	5.14 mm	5.20 mm principal	0.20	Debt	Long	USA
Medline Borrower LP	5.14 mm	5.30 mm principal	0.20	Debt	Long	USA
FNMA, 30 Year	5.13 mm	5.80 mm principal	0.20	ABS-mortgage backed security	Long	USA
AR Antero Resources Corporation	5.10 mm	4.97 mm principal	0.20	Debt	Long	USA
CRBG Corebridge Financial, Inc.	5.09 mm	4.90 mm principal	0.20	Debt	Long	USA
Kinetik Holdings LP	4.97 mm	5.00 mm principal	0.19	Debt	Long	USA
KeyBank NA	4.97 mm	5.00 mm principal	0.19	Debt	Long	USA
Celanese US Holdings LLC	4.96 mm	4.85 mm principal	0.19	Debt	Long	USA
United Rentals North America, Inc.	4.95 mm	4.90 mm principal	0.19	Debt	Long	USA
Mill City Mortgage Loan Trust, Series 2018-4, Class A1B	4.78 mm	4.91 mm principal	0.19	ABS-mortgage backed security	Long	USA
Atlantica Sustainable Infrastructure plc	4.77 mm	5.00 mm principal	0.19	Debt	Long	UK
GPD Cos., Inc.	4.76 mm	5.00 mm principal	0.19	Debt	Long	USA
GE HealthCare Technologies, Inc.	4.74 mm	4.70 mm principal	0.18	Debt	Long	USA
Clearway Energy Operating LLC	4.74 mm	5.30 mm principal	0.18	Debt	Long	USA
Kedrion SpA	4.72 mm	5.00 mm principal	0.18	Debt	Long	Italy
HRI Herc Holdings Inc.	4.71 mm	4.60 mm principal	0.18	Debt	Long	USA
Wrangler Holdco Corp.	4.70 mm	4.60 mm principal	0.18	Debt	Long	USA
AES Andes SA	4.70 mm	4.60 mm principal	0.18	Debt	Long	Chile
Wells Fargo & Co.	4.68 mm	4.70 mm principal	0.18	Debt	Long	USA
Toll Brothers Finance Corp.	4.66 mm	4.90 mm principal	0.18	Debt	Long	USA
Hilcorp Energy I LP / Hilcorp Finance Co.	4.65 mm	4.90 mm principal	0.18	Debt	Long	USA
UniCredit SpA	4.64 mm	5.30 mm principal	0.18	Debt	Long	Italy
Standard Industries, Inc.	4.63 mm	4.80 mm principal	0.18	Debt	Long	USA
Octagon Investment Partners 36 Ltd., Series 2018-1A, Class A1	4.62 mm	4.61 mm principal	0.18	ABS-collateralized bond/debt obligation	Long	Cayman Islands
CDW LLC / CDW Finance Corp.	4.62 mm	5.00 mm principal	0.18	Debt	Long	USA
LCM XVII LP, Series 17A, Class BRR	4.60 mm	4.59 mm principal	0.18	ABS-collateralized bond/debt obligation	Long	Cayman Islands
Acrisure LLC / Acrisure Finance, Inc.	4.58 mm	4.50 mm principal	0.18	Debt	Long	USA
Wayfair LLC	4.56 mm	4.50 mm principal	0.18	Debt	Long	USA
Calumet Specialty Products Partners LP / Calumet Finance Corp.	4.56 mm	4.40 mm principal	0.18	Debt	Long	USA
JBS USA Holding Lux SARL / JBS USA Food Co. / JBS Lux Co. SARL	4.55 mm	4.80 mm principal	0.18	Debt	Long	Luxembourg
XEL Xcel Energy Inc.	4.54 mm	4.50 mm principal	0.18	Debt	Long	USA
OI European Group BV	4.53 mm	5.00 mm principal	0.18	Debt	Long	Netherlands
BA The Boeing Company	4.52 mm	5.00 mm principal	0.18	Debt	Long	USA
McGraw-Hill Education, Inc.	4.51 mm	4.40 mm principal	0.18	Debt	Long	USA
CENT Central Garden & Pet Company	4.49 mm	5.00 mm principal	0.17	Debt	Long	USA
Wells Fargo & Co.	4.44 mm	4.40 mm principal	0.17	Debt	Long	USA
Romania Government Bond	4.43 mm	4.70 mm principal	0.17	Debt	Long	Romania
CNC Centene Corporation	4.41 mm	5.30 mm principal	0.17	Debt	Long	USA
HPE Hewlett Packard Enterprise Company	4.41 mm	4.50 mm principal	0.17	Debt	Long	USA
Transocean, Inc.	4.41 mm	4.25 mm principal	0.17	Debt	Long	Cayman Islands