Franklin Mutual Quest Fund

Transcription

1 Franklin Mutual Quest Fund March 31, 2018 Portfolio Holdings The following portfolio data for the Franklin Templeton funds is made available to the public under our Portfolio Holdings Release Policy and is "as of" the date indicated. This portfolio data should not be relied upon as a complete listing of a fund's holdings (or of a fund's top holdings) as information on particular holdings may be withheld if it is in the fund's interest to do so. Additionally, foreign currency forwards are not included in the portfolio data. Instead, the net market value of all currency forward contracts is included in cash and other net assets of the fund. Further, portfolio holdings data of over-the-counter derivative investments such as Credit Default Swaps, Interest Swaps or other Swap contracts list only the name of counterparty to the derivative contract, not the details of the derivative. Complete portfolio data can be found in the semi- and annual financial statements of the fund C101 ADVANCED EMISSIONS SOLUTIONS INC 1,724,209 $19,690, % N/A N/A 00828DAP6 AFFINION GROUP INC 85,578,503 $79,267, % N/A 11/10/22 DDD AFFINION GROUP INC 74,250,000 $77,127, % FLOATER 05/10/22 DDD AFFINION GROUP INC 549,716 $5,804, % N/A 11/10/22 B86S2N0 AGEAS 527,660 $27,240, % N/A N/A 02005N100 ALLY FINANCIAL INC 24 $ % N/A N/A AMERICAN INTERNATIONAL GROUP INC 395,586 $21,527, % N/A N/A BD9PNF2 ASR NEDERLAND NV 2,800,648 $119,637, % N/A N/A 05351X101 AVAYA HOLDINGS CORP 822,528 $18,424, % N/A N/A 05351X119 AVAYA HOLDINGS CORP 338,090 $1,859, % N/A 12/15/22 053ESCAJ8 AVAYA HOLDINGS CORP 82,902,380 $0 0.00% N/A N/A DDD AVAYA INC 35,237,649 $0 0.00% N/A N/A DDD AVAYA INC 8,399,638 $0 0.00% N/A N/A DDD AVAYA INC 17,350,320 $0 0.00% N/A N/A B0FXT17 BAIDU INC 244,769 $54,629, % N/A N/A BB&T CORP 429,077 $22,329, % N/A N/A DDD BELK INC 7,165,673 $6,237, % FLOATER 12/12/22 DDD BELK INC 25,000,000 $22,375, % FLOATER 06/12/23 DDD BLUESTEM BRANDS INC 67,498,358 $47,586, % FLOATER 11/09/ BP PLC 13,916,288 $93,571, % N/A N/A BRITISH AMERICAN TOBACCO PLC 1,250,000 $72,447, % N/A N/A DDD BROADBAND VENTURES III LLC 9,271 $0 0.00% 5.00% 02/20/ H105 CAPITAL ONE FINANCIAL CORP 698,300 $66,911, % N/A N/A DDD CB FIM COINVESTORS LLC 1,439,820 $0 0.00% N/A N/A M CHECK POINT SOFTWARE TECHNOLOGIES LTD 846,738 $84,114, % N/A N/A CIT GROUP INC 882,183 $45,432, % N/A N/A CITIZENS FINANCIAL GROUP INC 780,750 $32,775, % N/A N/A 1

2 20030N101 COMCAST CORP 2,059,900 $70,386, % N/A N/A B67C970 CRESCENT POINT ENERGY CORP 8,512,600 $57,876, % N/A N/A DDD CUMULUS MEDIA HOLDINGS INC 19,175,109 $16,418, % FLOATER 12/23/ M109 DISH NETWORK CORP 460,500 $17,448, % N/A N/A DDD DOW CORNING CORP 2,850,000 $0 0.00% N/A N/A DDD DOW CORNING CORP 7,437,829 $0 0.00% N/A N/A DDD DOW CORNING CORP 1,801,364 $0 0.00% N/A N/A ELI LILLY & CO 979,247 $75,764, % N/A N/A DDD EUR/USD -814 $644, % N/A 06/18/18 DDD FIM COINVESTOR HOLDINGS I LLC 17,934,688 $0 0.00% N/A N/A 35906AAW8 FRONTIER COMMUNICATIONS CORP 77,063,000 $64,835, % 10.50% 09/15/ AAZ1 FRONTIER COMMUNICATIONS CORP 41,812,000 $31,541, % 11.00% 09/15/25 DDD GBP/USD $874, % N/A 06/18/ GENERAL ELECTRIC CO 4,027,000 $54,283, % N/A N/A GLAXOSMITHKLINE PLC 4,970,464 $97,211, % N/A N/A GOODYEAR TIRE & RUBBER CO/THE 1,291,372 $34,324, % N/A N/A 40075T607 GUARANTY BANCORP 347,127 $9,841, % N/A N/A GULFMARK OFFSHORE INC 1,712 $1, % N/A 11/14/ GULFMARK OFFSHORE INC 158 $4, % N/A N/A HARTFORD FINANCIAL SERVICES GROUP INC 1,825,990 $94,075, % N/A N/A BL5 IHEARTCOMMUNICATIONS INC 72,867,000 $58,202, % 9.00% 12/15/19 DDD IHEARTCOMMUNICATIONS INC 46,662,631 $37,001, % FLOATER 01/30/19 DDD IHEARTCOMMUNICATIONS INC 14,995,597 $11,858, % FLOATER 07/30/ INFOSYS LTD 2,791,311 $49,824, % N/A N/A 45904F983 DDD INTERNATIONAL AUTOMOTIVE COMPONENTS GROUP BRAZIL LLC INTERNATIONAL AUTOMOTIVE COMPONENTS GROUP NA LLC 2,548,299 $105, % N/A N/A 19,924,658 $9,773, % N/A N/A B627LW9 JXTG HOLDINGS INC 15,844,655 $96,598, % N/A N/A 49456B101 KINDER MORGAN INC 2,458,870 $37,030, % N/A N/A KONINKLIJKE KPN NV 28,618,114 $85,807, % N/A N/A LEE ENTERPRISES INC 4,824,268 $9,407, % N/A N/A AF6 LEE ENTERPRISES INC 99,050,000 $104,002, % 9.50% 03/15/22 DDD LEE ENTERPRISES INC 1,110,000 $342, % N/A 12/31/22 DDD LEE ENTERPRISES INC 53,727,139 $55,876, % FLOATER 12/15/22 DDD LEHMAN BROTHERS HOLDINGS INC 459,471,220 $10,262, % N/A N/A G5960L103 MEDTRONIC PLC 1,245,243 $99,893, % N/A N/A 58933Y105 MERCK & CO INC 1,455,970 $79,306, % N/A N/A DDD NEW MEDIA HOLDINGS II LLC 110,760,646 $111,522, % FLOATER 07/14/ V106 NEW MEDIA INVESTMENT GROUP INC 4,831,182 $82,806, % N/A N/A DDD NEWPAGE CORP 723,000 $0 0.00% N/A N/A 2

3 656ESCAE0 NORTEL NETWORKS CORP 12,968,000 $453, % N/A N/A 656ESCAF7 NORTEL NETWORKS CORP 18,224,000 $637, % N/A N/A 665ESC885 NORTEL NETWORKS LTD 20,912,000 $522, % N/A N/A 66987V109 NOVARTIS AG 1,423,506 $115,090, % N/A N/A PEUGEOT SA 4,111,080 $98,885, % N/A N/A 69331C108 PG&E CORP 618,600 $27,175, % N/A N/A RITE AID CORP 15,422,700 $25,910, % N/A N/A B09CBL4 ROYAL DUTCH SHELL PLC 3,899,615 $123,713, % N/A N/A BKKMKR2 RSA INSURANCE GROUP PLC 2,630,267 $23,248, % N/A N/A SAMSUNG ELECTRONICS CO LTD 23,596 $45,513, % N/A N/A SKY PLC 3,948,759 $71,882, % N/A N/A AF9 SORENSON COMMUNICATIONS LLC 96,671,937 $98,170, % 9.00% 10/31/20 DDD SORENSON COMMUNICATIONS LLC 224,278 $173,816, % N/A N/A DDD SORENSON COMMUNICATIONS LLC 140,263,819 $141,228, % FLOATER 04/30/ TAA5 SORENSON HOLDINGS LLC/FINANCE CORP 20,117,561 $20,721, % 13.85% 10/31/ AA4 SUNSHINE OILSANDS LTD 17,873,000 $10,051, % 10.00% 02/20/ SUNTRUST BANKS INC 493,567 $33,582, % N/A N/A SYMANTEC CORP 861,457 $22,268, % N/A N/A BYWKW32 TEVA PHARMACEUTICAL INDUSTRIES LTD TEVA PHARMACEUTICAL INDUSTRIES LTD 1,597,910 $27,308, % N/A N/A 104,000 $34,228, % N/A 12/15/ TIME WARNER INC 607,220 $57,430, % N/A N/A DDD TOYS R US-DELAWARE INC 73,423,169 $28,792, % FLOATER 04/24/20 DDD TOYS R US-DELAWARE INC 41,186,601 $41,289, % FLOATER 01/18/19 DDD TRIBUNE MEDIA CO 1,534,136 $0 0.00% N/A N/A LX5 UNITED STATES TREASURY BILL 50,000,000 $49,947, % N/A 04/26/ NV7 UNITED STATES TREASURY BILL 50,000,000 $49,577, % N/A 09/13/ NY1 UNITED STATES TREASURY BILL 45,000,000 $44,993, % N/A 04/05/ PA1 UNITED STATES TREASURY BILL 40,000,000 $39,981, % N/A 04/12/ PB9 UNITED STATES TREASURY BILL 25,000,000 $24,980, % N/A 04/19/ PC7 UNITED STATES TREASURY BILL 25,000,000 $24,965, % N/A 05/03/ PM5 UNITED STATES TREASURY BILL 50,000,000 $49,797, % N/A 06/28/ PN3 UNITED STATES TREASURY BILL 25,000,000 $24,888, % N/A 07/05/ PQ6 UNITED STATES TREASURY BILL 45,000,000 $44,780, % N/A 07/12/ PR4 UNITED STATES TREASURY BILL 50,000,000 $49,719, % N/A 07/26/ PS2 UNITED STATES TREASURY BILL 25,000,000 $24,848, % N/A 08/02/ PU7 UNITED STATES TREASURY BILL 50,000,000 $49,673, % N/A 08/09/ PZ6 UNITED STATES TREASURY BILL 56,000,000 $55,502, % N/A 09/20/ QA0 UNITED STATES TREASURY BILL 50,000,000 $49,537, % N/A 09/27/18 DDD VARIATION MARGIN-JPMORGAN-USD 4,627,206 $4,627, % N/A 02/20/49 3

4 DDD VARIATION MARGIN-MORGAN STANLEY-USD 1,166,980 $1,166, % N/A 02/20/ VICI PROPERTIES INC 321,315 $5,886, % N/A N/A 882ESCAM8 VISTRA ENERGY CORP 40,665,000 $406, % N/A N/A 92840M102 VISTRA ENERGY CORP 2,433,367 $50,687, % N/A N/A 92840M110 VISTRA ENERGY CORP 2,433,367 $1,581, % N/A N/A DDD VISTRA ENERGY CORP 104,175,133 $1,041, % N/A N/A BH4HKS3 VODAFONE GROUP PLC 47,816,110 $130,294, % N/A N/A VOLKSWAGEN AG 108,674 $21,577, % N/A N/A VORNADO REALTY TRUST 1,391,563 $93,652, % N/A N/A BKWQ2N2 VOYA FINANCIAL INC 1,628,800 $82,254, % N/A N/A WALT DISNEY CO 543,800 $54,619, % N/A N/A DDD WARRIOR MET COAL INC 431,052 $12,073, % N/A N/A WELLS FARGO & CO 915,124 $47,961, % N/A N/A 4

5 Important Legal Information Portfolio holdings are subject to change without notice and may not represent current or future portfolio composition. The portfolio data is as of the date indicated and we disclaim any responsibility to update the information. The net market value of all currency forward contracts is included in cash and other net assets, reflected in the base currency of the fund. The net market value of any Credit Default, Interest and/or other Swap contract positions are displayed as exposure to the issuing counterparty (i.e. "Citibank"). Unlike the fund s regulatory filings, the portfolio data and its presentation in this document are not required to conform to Generally Accepted Accounting Principles (GAAP) and Securities and Exchange Commission (SEC) presentation requirements. Therefore, it differs from that in the complete statement of investments in the annual and semiannual report to shareholders filed with the SEC on Form N-CSR, and the complete statement of investments provided in the first and third quarter SEC Form N-Q filings for each fiscal year. The portfolio data is for information only. It does not constitute a recommendation or an offer for a particular security or fund, nor should it be taken as a solicitation or a recommendation to buy or sell securities or other investments. Investors should carefully consider a fund s investment goals, risks, charges and expenses before investing. To obtain a prospectus, which contains this and other information, talk to your financial advisor, call us at 1-800/DIAL BEN (1-800/ ) or visit our website at. Please read the prospectus carefully before investing. Franklin Templeton Distributors Inc., One Franklin Parkway, San Mateo, CA Franklin Templeton Distributors, Inc. One Franklin Parkway San Mateo, CA (800) DIAL BEN/ Franklin Templeton Investments. All rights reserved. 5