Franklin Floating Rate Master Series

Transcription

1 Franklin Floating Master Series May 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. DDD HOUR FITNESS WORLDWIDE INC 19,010,758 $19,053, % FLOATER 05/28/21 DDD HOUR FITNESS WORLDWIDE INC 7,380,422 $7,386, % FLOATER 03/31/25 DDD CENTS ONLY STORES 17,548,902 $16,923, % FLOATER 01/13/22 DDD AECOM 8,580,730 $8,599, % FLOATER 03/13/25 DDD AIR CANADA 16,987,163 $17,086, % FLOATER 10/06/23 DDD AIR MEDICAL GROUP HOLDINGS, INC. 4,609,411 $4,628, % FLOATER 03/14/25 DDD ALLFLEX HOLDINGS III INC 1,638,049 $1,646, % FLOATER 07/19/21 DDD ALLISON TRANSMISSION, INC. 14,528,481 $14,635, % FLOATER 09/23/22 DDD AMC ENTERTAINMENT HOLDINGS INC 1,606,011 $1,610, % FLOATER 12/15/23 DDD AMC ENTERTAINMENT HOLDINGS INC 2,738,245 $2,748, % FLOATER 12/15/22 DDD AMERICAN AIRLINES INC 4,941,690 $4,896, % FLOATER 06/27/25 DDD AMERICAN AXLE & MANUFACTURING INC 1,949,682 $1,954, % FLOATER 04/06/24 DDD APPVION, INC. 13,853,531 $13,853, % FLOATER 07/01/18 DDD APPVION, INC. 8,853,278 $8,871, % FLOATER 07/01/18 DDD ARAMARK CORPORATION 6,803,778 $6,825, % FLOATER 03/11/ FAG4 ARES CLO LTD 3,135,000 $3,135, %.00% 07/20/ NAK0 ARES XXXVII CLO LTD 3,150,000 $3,147, % 4.15% 10/15/30 DDD ASCENA RETAIL GROUP, INC. 47,736,820 $41,912, % FLOATER 08/21/22 DDD ASHLAND LLC 5,930,832 $5,962, % FLOATER 05/17/24 DDD ASURION LLC 1,750,000 $1,759, % FLOATER 11/03/ CAN8 ATRIUM XII 2,240,000 $2,239, % 4.01% 04/22/27 DDD AVIS BUDGET CAR RENTAL, LLC 19,224,325 $19,362, % FLOATER 02/13/25 DDD DDD AXALTA COATING SYSTEMS U.S. HOLDINGS INC BI - LO, LLC (SOUTHEASTERN GROCERS) 15,822,509 $15,852, % FLOATER 06/01/24 5,000,000 $4,887, % FLOATER 05/30/ RAN5 BLUEMOUNTAIN CLO LTD 10,790,000 $10,832, % 3.75% 11/20/ RAS4 BLUEMOUNTAIN CLO LTD 1,400,000 $1,408, % 4.93% 11/20/28 1

2 09628FAG4 BLUEMOUNTAIN FUJI US CLO III LTD 2,100,000 $2,093, % 3.43% 01/15/ CAG0 BLUEMOUNTAIN FUJI US CLO I LTD 2,275,000 $2,289, % 4.71% 07/20/29 DDD BMC SOFTWARE FINANCE, INC. 6,435,559 $6,450, % FLOATER 09/10/18 DDD BOWIE RESOURCE HOLDINGS, LLC 17,404,477 $17,252, % FLOATER 08/14/20 DDD BOWIE RESOURCE HOLDINGS, LLC 2,232,388 $2,146, % FLOATER 02/16/21 DDD BOYD GAMING CORP 8,037,855 $8,087, % FLOATER 09/15/23 DDD BOYD GAMING CORPORATION 2,213,536 $2,219, % FLOATER 09/15/ PAA3 BRISTOL PARK CLO LTD 22,000,000 $22,179, % 3.77% 04/15/29 DDD CAESARS RESORT COLLECTION LLC / CRC FINCO INC 1,750,000 $1,752, % FLOATER 12/22/24 DDD CANTIUM, LLC 4,723,990 $4,771, % FLOATER 06/13/20 DDD CARAUSTAR INDUSTRIES INC 12,701,575 $12,800, % FLOATER 03/14/ YAY FAA FAN1 CARLYLE GLOBAL MARKET STRATEGIES CLO LTD CARLYLE GLOBAL MARKET STRATEGIES CLO LTD CARLYLE GLOBAL MARKET STRATEGIES CLO LTD 3,675,000 $3,702, % 4.96% 01/20/29 2,800,000 $2,801, % 3.84% 04/27/27 3,596,000 $3,610, % N/A 04/27/ BAA5 CARLYLE US CLO LTD 12,600,000 $12,647, % 3.66% 04/20/31 DDD CDX.NA.HY.26-4,214,000 -$292, % 5.00% 06/20/21 DDD CDX.NA.HY.26-8,722,000 -$605, % 5.00% 06/20/21 DDD CDX.NA.HY.26-13,426,000 -$932, % 5.00% 06/20/ DAL9 CENT CLO LP 7,510,000 $7,521, % 3.77% 11/07/ DAS4 CENT CLO LP 3,200,000 $3,213, % 5.31% 11/07/26 DDD CEOC LLC 1,533,731 $1,535, % FLOATER 10/06/24 DDD CHARTER COMMUNICATIONS OPERATING LLC 19,000,000 $19,058, % FLOATER 03/13/25 DDD CHEMOURS COMPANY 8,842,745 $8,856, % FLOATER 04/03/25 DDD CIENA CORP 8,700,064 $8,754, % FLOATER 01/28/22 DDD COMMSCOPE, INC. 8,928,405 $8,967, % FLOATER 12/29/22 DDD CONSOLIDATED COMMUNICATIONS INC 2,047,284 $2,034, % FLOATER 10/05/23 DDD CROWN AMERICAS, LLC 5,620,585 $5,659, % FLOATER 04/03/25 DDD CSC HOLDINGS LLC 18,771,782 $18,715, % FLOATER 07/17/25 DDD CSM BAKERY SUPPLIES LLC 7,271,085 $6,889, % FLOATER 07/03/21 DDD CSM BAKERY SUPPLIES LLC 2,560,482 $2,521, % FLOATER 07/03/20 DDD DAVITA HEALTHCARE PARTNERS INC 7,296,984 $7,369, % FLOATER 06/24/21 DDD DAVITA HEALTHCARE PARTNERS INC 6,206,600 $6,225, % FLOATER 06/24/19 DDD DELOS FINANCE S.A.R.L. (AERCAP) 32,284,434 $32,451, % FLOATER 10/06/23 DDD DONCASTERS US FINANCE LLC 6,096,324 $5,795, % FLOATER 10/09/20 DDD DONCASTERS US FINANCE LLC 14,943,347 $14,700, % FLOATER 04/09/ BAU5 DRYDEN 30 SENIOR LOAN FUND 2,100,000 $2,084, % 4.04% 11/15/ DAL4 EATON VANCE CDO LTD 2,650,000 $2,652, % 3.55% 07/15/ KAY0 EATON VANCE CLO LTD 1,400,000 $1,401, % 4.26% 01/20/30 2

3 DDD EFS COGEN HOLDINGS I LLC (LINDEN) 4,212,232 $4,227, % FLOATER 06/28/23 DDD ELDORADO RESORTS INC 6,199,486 $6,220, % FLOATER 04/17/ QBE1 EMERSON PARK CLO LTD 1,100,000 $1,101, % 4.06% 07/15/25 DDD DDD ENDO LUXEMBOURG FINANCE CO. I S.A.R.L. AND ENDO LLC. ENVISION HEALTHCARE CORPORATION (EMERGENCY MEDICAL) 20,809,962 $20,674, % FLOATER 04/29/24 4,794,685 $4,813, % FLOATER 12/01/23 DDD EVERGREEN ACQCO 1 LP (SAVERS) 26,769,798 $26,022, % FLOATER 07/09/19 DDD DDD DDD DDD DDD FFRMT-FRANKLIN LOWER TIER FLOATING RATE FUND FFRMT-FRANKLIN MIDDLE TIER FLOATING RATE FUND FGI OPERATING COMPANY, LLC (FREEDOM GROUP) FGI OPERATING COMPANY, LLC (FREEDOM GROUP) FGI OPERATING COMPANY, LLC (FREEDOM GROUP) 3,405,363 $34,121, % N/A N/A 3,457,561 $32,881, % N/A N/A 272,727 $261, % FLOATER 05/15/21 8,563,000 $8,563, % FLOATER 05/15/22 2,727,272 $2,618, % FLOATER 05/15/21 DDD FIELDWOOD ENERGY LLC 69,684,139 $70,235, % FLOATER 04/11/22 DDD FINCO I LLC (FORTRESS INVESTMENT GROUP) 19,105,228 $19,207, % FLOATER 12/27/22 DDD FIRST DATA CORP 6,201,829 $6,213, % FLOATER 06/02/20 DDD FLYING FORTRESS INC, (ILFC) 18,210,912 $18,341, % FLOATER 10/30/22 DDD FORESIGHT ENERGY LLC 26,556,008 $26,297, % FLOATER 03/28/22 DDD GARTNER INC 1,529,395 $1,539, % FLOATER 03/20/22 DDD GENERAL NUTRITION CTRS INC 27,529,650 $26,302, % FLOATER 03/04/21 DDD GENERAL NUTRITION CTRS INC 9,691,811 $10,031, % FLOATER 12/31/22 DDD GLOBAL PAYMENTS INC 9,816,895 $9,839, % FLOATER 05/02/22 DDD GLOBAL TEL*LINK CORP 4,914,833 $4,954, % FLOATER 05/23/20 DDD GLOBAL TEL*LINK CORP 3,374,142 $3,393, % FLOATER 05/23/20 DDD GO DADDY OPERATING COMPANY, LLC 2,866,666 $2,879, % FLOATER 02/15/24 DDD GRAY TELEVISION INC 14,723,539 $14,780, % FLOATER 02/07/24 DDD GREEKTOWN HOLDINGS LLC 8,388,801 $8,402, % FLOATER 04/25/24 DDD GRIFOLS WORLDWIDE OPERATIONS USA INC 11,536,783 $11,583, % FLOATER 01/31/25 DDD HARSCO CORPORATION 7,280,471 $7,362, % FLOATER 12/10/24 DDD HCA INC. 2,580,000 $2,598, % FLOATER 03/18/23 DDD HELIX GEN FUNDING, LLC 18,327,804 $18,403, % FLOATER 06/02/24 DDD HERTZ CORP 20,930,391 $20,927, % FLOATER 06/30/23 DDD HILTON WORLDWIDE FINANCE LLC 8,628,356 $8,677, % FLOATER 10/25/23 DDD HORIZON PHARMA INC 9,079,443 $9,112, % FLOATER 03/29/24 DDD INEOS US FINANCE LLC 11,650,567 $11,665, % FLOATER 03/31/24 DDD INNOVIVA, INC. 840,632 $846, % FLOATER 08/18/22 DDD INTERNATIONAL SEAWAYS OPERATING CORPORATION 3,837,743 $3,842, % FLOATER 06/22/22 3

4 DDD IQVIA INC. 10,368,750 $10,397, % FLOATER 03/07/24 DDD IRON MOUNTAIN INFORMATION MANAGEMENT LLC 4,624,481 $4,569, % FLOATER 01/26/26 DDD JBS USA LUX S.A. 25,583,566 $25,553, % FLOATER 10/30/22 DDD KFC HOLDING CO., PIZZA HUT HOLDINGS, LLC, TACO BELL OF AMERICA, LLC (YUM BRANDS) 8,427,079 $8,477, % FLOATER 04/03/25 DDD KINGPIN INTERMEDIATE HOLDINGS LLC 1,588,000 $1,605, % FLOATER 07/03/24 DDD KMG CHEMICALS INC 1,479,921 $1,492, % FLOATER 06/15/ YAA2 LCM XXIV LTD 26,400,000 $26,819, % 3.67% 03/20/ PAL6 LCM XXV LTD 4,075,000 $4,089, % 4.01% 07/20/ PAN2 LCM XXV LTD 1,625,000 $1,635, % 4.66% 07/20/30 DDD LEGALZOOM.COM, INC. 804,237 $813, % FLOATER 11/21/24 DDD LEIDOS INNOVATIONS CORPORATION 1,563,572 $1,575, % FLOATER 08/16/23 DDD LIONS GATE CAPITAL HOLDINGS LLC 12,095,328 $12,125, % FLOATER 03/22/23 DDD LIVE NATION ENTERTAINMENT INC 5,823,404 $5,856, % FLOATER 10/31/ JAA8 MADISON PARK FUNDING LTD 7,100,000 $7,213, % 3.89% 07/25/ NAE1 MADISON PARK FUNDING XXIV LTD 1,750,000 $1,763, % 4.96% 01/20/ BAL0 MAGNETITE IX LTD 2,793,000 $2,797, % 4.36% 07/25/ EAN0 MAGNETITE XI LTD 1,172,500 $1,175, % 4.46% 01/18/ JAA7 MAGNETITE XIV LTD 1,460,000 $1,462, % 3.75% 07/18/28 DDD DDD MALLINCKRODT INTERNATIONAL FINANCE SA & MALLINCKRODT CB LLC MARSHALL BROADCASTING GROUP INC 9,009,708 $8,822, % FLOATER 09/24/24 124,767 $125, % FLOATER 06/28/18 DDD MEDIACOM ILLINOIS LLC 4,776,793 $4,797, % FLOATER 02/15/24 DDD MICHAELS STORES INC 13,700,000 $13,691, % FLOATER 01/28/23 DDD MISSION BROADCASTING INC. 554,359 $556, % FLOATER 01/17/24 DDD MKS INSTRUMENTS INC 742,027 $746, % FLOATER 04/29/23 DDD MOSAIC COMPANY 1,226,443 $1,223, % FLOATER 11/18/21 DDD MUELLER WATER PRODUCTS INC 5,166,072 $5,204, % FLOATER 11/26/21 DDD NAVIOS MARITIME PARTNERS LP 8,408,025 $8,430, % FLOATER 09/14/20 DDD NAVISTAR INC 33,251,767 $33,521, % FLOATER 11/06/ QAE0 NEUBERGER BERMAN LOAN ADVISERS CLO 26 2,100,000 $2,089, % 4.11% 10/18/30 DDD NEXSTAR BROADCASTING INC 4,316,863 $4,333, % FLOATER 01/17/24 DDD NEXSTAR BROADCASTING INC 7,285,230 $7,298, % FLOATER 07/19/22 DDD NPC INTERNATIONAL INC 4,842,940 $4,964, % FLOATER 04/20/25 DDD NRG ENERGY INC 32,216,270 $32,241, % FLOATER 06/30/23 DDD NUTRACEUTICAL INTERNATIONAL CORP 2,911,508 $2,918, % FLOATER 08/22/23 DDD NVA HOLDINGS INC/UNITED STATES 6,554,538 $6,575, % FLOATER 02/02/ CAP7 NZCG FUNDING LTD 5,810,000 $5,813, % 3.87% 02/26/31 4

5 675920AA XAE VAG YBU5 OCTAGON INVESTMENT PARTNERS 30 LTD OCTAGON INVESTMENT PARTNERS 31 LLC OCTAGON INVESTMENT PARTNERS 37 LTD OCTAGON INVESTMENT PARTNERS XXII LTD 11,942,857 $12,029, % 3.68% 03/17/30 2,288,855 $2,304, % 4.76% 07/20/30 3,250,000 $3,250, % N/A 07/25/30 2,100,000 $2,100, % 4.26% 01/22/30 DDD ON SEMICONDUCTOR CORPORATION 12,851,939 $12,901, % FLOATER 03/31/23 DDD DDD ONSITE RENTAL GROUP OPERATIONS PTY LTD ONSITE RENTAL GROUP OPERATIONS PTY LTD 7,387,772 $7,313, % FLOATER 10/25/22 10,100,690 $7,828, % 6.10% 10/26/23 DDD OSG BULK SHIPS INC 9,950,458 $9,875, % FLOATER 08/05/19 VMGNUSD OTC SECURITIZED MARGIN CASH - USD 2,537,647 $2,537, % N/A 02/20/49 DDD OWENS-BROCKWAY GLASS CONTAINER INC. 6,696,176 $6,708, % FLOATER 04/22/20 DDD OXBOW CARBON LLC 5,850,000 $5,857, % FLOATER 01/04/22 DDD OXBOW CARBON LLC 4,858,500 $4,925, % FLOATER 01/04/23 DDD OXBOW CARBON LLC 7,556,613 $7,707, % FLOATER 01/04/24 DDD PETSMART INC 47,744,055 $37,393, % FLOATER 03/11/22 DDD PINNACLE FOODS FINANCE, LLC 5,075,415 $5,108, % FLOATER 02/03/24 DDD POST HOLDINGS INC 17,171,038 $17,217, % FLOATER 05/24/24 DDD PRIME SECURITY SERVICES BORROWER, LLC 3,500,000 $3,496, % FLOATER 05/02/22 DDD RACKSPACE HOSTING, INC. 5,093,727 $5,066, % FLOATER 11/03/ V104 REMINGTON OUTDOOR CO INC 870,865 $14,455, % N/A N/A DDD SABRE GLBL INC 6,407,596 $6,439, % FLOATER 07/01/22 DDD SABRE GLBL INC 1,546,335 $1,548, % FLOATER 02/22/24 DDD SAMSON RESOURCES II LLC 155,501 $3,654, % N/A N/A DDD SECURUS TECHNOLOGIES HOLDINGS, INC. 817,114 $825, % FLOATER 11/01/25 DDD SINCLAIR TELEVISION GROUP INC 17,480,647 $17,521, % FLOATER 01/03/24 DDD SINCLAIR TELEVISION GROUP INC 5,700,000 $5,707, % FLOATER 01/31/25 DDD SPECTRUM BRANDS, INC. 12,866,449 $12,886, % FLOATER 06/23/22 DDD STRIKE LLC 2,906,250 $2,955, % FLOATER 11/30/22 DDD SUNGARD AVAILABILITY SERVICES CAPITAL INC 22,015,166 $21,918, % FLOATER 10/01/22 DDD SYNEOS HEALTH INC 6,535,257 $6,552, % FLOATER 08/01/ LAG1 DDD TCI-CENT CLO INCOME NOTE ISSUER LTD TI GROUP AUTOMOTIVE SYSTEMS L.L.C. 3,000,000 $3,022, % 4.71% 07/25/30 16,310,481 $16,407, % FLOATER 06/30/ PX1 UNITED STATES TREASURY BILL 51,750,000 $50,841, % N/A 03/28/19 DDD US RENAL CARE INC 8,958,848 $8,923, % FLOATER 12/31/22 DDD UTEX INDUSTRIES INC 16,684,783 $16,580, % FLOATER 05/21/21 5

6 DDD DDD VALEANT PHARMACEUTICALS INTERNATIONAL VALEANT PHARMACEUTICALS INTERNATIONAL INC 6,339,819 $6,358, % FLOATER 06/02/25 12,697,401 $12,743, % FLOATER 04/01/22 DDD VENTIA PTY LTD 3,917,294 $3,951, % FLOATER 05/21/ QAJ2 VOYA CLO LTD 2,508,761 $2,533, % 4.71% 07/20/30 DDD WESTERN DIGITAL CORP. 3,000,000 $3,012, % FLOATER 04/29/23 DDD WESTMORELAND COAL COMPANY 3,681,763 $1,026, % FLOATER 12/16/20 DDD WEX INC 9,827,248 $9,872, % FLOATER 07/01/23 DDD WR GRACE & CO 1,847,640 $1,853, % FLOATER 04/03/25 DDD WR GRACE & CO 3,167,383 $3,177, % FLOATER 04/03/25 DDD WXXA-TV LLC AND WLAJ-TV LLC (SHIELD MEDIA) 60,316 $60, % FLOATER 07/19/22 DDD XEROX BUSINESS SERVICES LLC 3,925,000 $3,934, % FLOATER 12/07/21 DDD ZAYO GROUP LLC 16,745,715 $16,822, % FLOATER 01/19/21 6

7 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. 7