Institutional Fiduciary Trust
05/28/2025 | Press release | Distributed by Public on 05/28/2025 04:00
Summary Prospectus by Investment Company (Form 497K)
GOF-P7 05/25
SUPPLEMENT DATED MAY 27, 2025
TO THE SUMMARY PROSPECTUS OF EACH
FRANKLIN TEMPLETON FUND LISTED IN SCHEDULE A
All references to [email protected] in the Summary Prospectus of each fund listed in Schedule A are replaced with [email protected].
SCHEDULE A
|
Fund |
Date of |
|
FRANKLIN ALTERNATIVE STRATEGIES FUNDS |
|
|
K2 Alternative Strategies Fund |
October 1, 2024 |
|
FRANKLIN CALIFORNIA TAX-FREE INCOME FUND |
|
|
Franklin California Tax-Free Income Fund |
July 1, 2024 |
|
FRANKLIN CALIFORNIA TAX-FREE TRUST |
|
|
Franklin California Intermediate-Term Tax-Free Income Fund |
November 1, 2024 |
|
FRANKLIN CUSTODIAN FUNDS |
|
|
Franklin DynaTech Fund |
February 1, 2025 |
|
Franklin Growth Fund |
February 1, 2025 |
|
Franklin Income Fund |
February 1, 2025 |
|
Franklin U.S. Government Securities Fund |
February 1, 2025 |
|
Franklin Utilities Fund |
February 1, 2025 |
|
FRANKLIN FEDERAL TAX-FREE INCOME FUND |
|
|
Franklin Federal Tax-Free Income Fund |
September 1, 2024 |
|
FRANKLIN FUND ALLOCATOR SERIES |
|
|
Franklin Conservative Allocation Fund |
May 1, 2025 |
|
Franklin Corefolio Allocation Fund |
May 1, 2025 |
|
Franklin Global Allocation Fund |
May 1, 2025 |
|
Franklin Growth Allocation Fund |
May 1, 2025 |
|
Franklin LifeSmart™ Retirement Income Fund |
May 1, 2025 |
|
Franklin LifeSmart™ 2020 Retirement Target Fund |
May 1, 2025 |
|
Franklin LifeSmart™ 2025 Retirement Target Fund |
May 1, 2025 |
|
Franklin LifeSmart™ 2030 Retirement Target Fund |
May 1, 2025 |
|
Fund |
Date of |
|
Franklin LifeSmart™ 2035 Retirement Target Fund |
May 1, 2025 |
|
Franklin LifeSmart™ 2040 Retirement Target Fund |
May 1, 2025 |
|
Franklin LifeSmart™ 2045 Retirement Target Fund |
May 1, 2025 |
|
Franklin LifeSmart™ 2050 Retirement Target Fund |
May 1, 2025 |
|
Franklin LifeSmart™ 2055 Retirement Target Fund |
May 1, 2025 |
|
Franklin LifeSmart™ 2060 Retirement Target Fund |
May 1, 2025 |
|
Franklin Moderate Allocation Fund |
May 1, 2025 |
|
FRANKLIN GLOBAL TRUST |
|
|
Franklin International Growth Fund |
December 1, 2024 |
|
Franklin Emerging Market Debt Opportunities Fund |
December 1, 2024 |
|
FRANKLIN GOLD AND PRECIOUS METALS FUND |
|
|
Franklin Gold and Precious Metals Fund |
December 1, 2024 |
|
FRANKLIN HIGH INCOME TRUST |
|
|
Franklin High Income Fund |
February 1, 2025 |
|
FRANKLIN INVESTORS SECURITIES TRUST |
|
|
Franklin Convertible Securities Fund |
March 1, 2025 |
|
Franklin Equity Income Fund |
March 1, 2025 |
|
Franklin Floating Rate Daily Access Fund |
March 1, 2025 |
|
Franklin Long Duration Credit Fund |
March 1, 2025 |
|
Franklin Low Duration Total Return Fund |
March 1, 2025 |
|
Franklin Low Duration U.S. Government Securities Fund |
March 1, 2025 |
|
Franklin Managed Income Fund |
March 1, 2025 |
|
Franklin Total Return Fund |
March 1, 2025 |
|
FRANKLIN MANAGED TRUST |
|
|
Franklin Rising Dividends Fund |
February 1, 2025 |
|
FRANKLIN MUNICIPAL SECURITIES TRUST |
|
|
Franklin California High Yield Municipal Fund |
July 1, 2024 |
|
FRANKLIN MUTUAL SERIES FUNDS |
|
|
Franklin Mutual Beacon Fund |
May 1, 2025 |
|
Franklin Mutual Global Discovery Fund |
May 1, 2025 |
|
Franklin Mutual International Value Fund |
May 1, 2025 |
|
Franklin Mutual Quest Fund |
May 1, 2025 |
|
Franklin Mutual Shares Fund |
May 1, 2025 |
|
FRANKLIN NEW YORK TAX-FREE INCOME FUND |
|
|
Franklin New York Tax-Free Income Fund |
July 1, 2024 |
|
FRANKLIN NEW YORK TAX-FREE TRUST |
|
|
Franklin New York Intermediate-Term Tax-Free Income Fund |
February 1, 2025 |
|
Fund |
Date of |
|
FRANKLIN REAL ESTATE SECURITIES TRUST |
|
|
Franklin Real Estate Securities Fund |
September 1, 2024 |
|
FRANKLIN STRATEGIC SERIES |
|
|
Franklin Biotechnology Discovery Fund |
September 1, 2024 |
|
Franklin Growth Opportunities Fund |
September 1, 2024 |
|
Franklin Natural Resources Fund |
September 1, 2024 |
|
Franklin Small Cap Growth Fund |
September 1, 2024 |
|
Franklin Small-Mid Cap Growth Fund |
September 1, 2024 |
|
Franklin Core Plus Bond Fund |
September 1, 2024 |
|
Franklin Templeton SMACS: Series CH |
January 1, 2025 |
|
Franklin Templeton SMACS: Series E |
January 1, 2025 |
|
Franklin Templeton SMACS: Series I |
January 1, 2025 |
|
Franklin Templeton SMACS: Series H |
January 1, 2025 |
|
FRANKLIN TAX-FREE TRUST |
|
|
Franklin Alabama Tax-Free Income Fund |
July 1, 2024 |
|
Franklin Arizona Tax-Free Income Fund |
July 1, 2024 |
|
Franklin Colorado Tax-Free Income Fund |
July 1, 2024 |
|
Franklin Connecticut Tax-Free Income Fund |
July 1, 2024 |
|
Franklin Federal Intermediate-Term Tax-Free Income Fund |
July 1, 2024 |
|
Franklin Federal Limited-Term Tax-Free Income Fund |
July 1, 2024 |
|
Franklin Georgia Tax-Free Income Fund |
July 1, 2024 |
|
Franklin High Yield Tax-Free Income Fund |
July 1, 2024 |
|
Franklin Louisiana Tax-Free Income Fund |
July 1, 2024 |
|
Franklin Maryland Tax-Free Income Fund |
July 1, 2024 |
|
Franklin Massachusetts Tax-Free Income Fund |
July 1, 2024 |
|
Franklin Michigan Tax-Free Income Fund |
July 1, 2024 |
|
Franklin Minnesota Tax-Free Income Fund |
July 1, 2024 |
|
Franklin Missouri Tax-Free Income Fund |
July 1, 2024 |
|
Franklin New Jersey Tax-Free Income Fund |
July 1, 2024 |
|
Franklin North Carolina Tax-Free Income Fund |
July 1, 2024 |
|
Franklin Ohio Tax-Free Income Fund |
July 1, 2024 |
|
Franklin Oregon Tax-Free Income Fund |
July 1, 2024 |
|
Franklin Pennsylvania Tax-Free Income Fund |
July 1, 2024 |
|
Franklin Virginia Tax-Free Income Fund |
July 1, 2024 |
|
FRANKLIN TEMPLETON TRUST |
|
|
Franklin OnChain U.S. Government Money Fund |
January 3, 2025 |
|
Fund |
Date of |
|
FRANKLIN TEMPLETON VARIABLE INSURANCE PRODUCTS TRUST |
|
|
Franklin Allocation VIP Fund |
May 1, 2025 |
|
Franklin DynaTech VIP Fund |
May 1, 2025 |
|
Franklin Global Real Estate VIP Fund |
May 1, 2025 |
|
Franklin Growth and Income VIP Fund |
May 1, 2025 |
|
Franklin Income VIP Fund |
May 1, 2025 |
|
Franklin Large Cap Growth VIP Fund |
May 1, 2025 |
|
Franklin Mutual Global Discovery VIP Fund |
May 1, 2025 |
|
Franklin Mutual Shares VIP Fund |
May 1, 2025 |
|
Franklin Rising Dividends VIP Fund |
May 1, 2025 |
|
Franklin Small Cap Value VIP Fund |
May 1, 2025 |
|
Franklin Small-Mid Cap Growth VIP Fund |
May 1, 2025 |
|
Franklin Strategic Income VIP Fund |
May 1, 2025 |
|
Franklin U.S. Government Securities VIP Fund |
May 1, 2025 |
|
Franklin VolSmart Allocation VIP Fund |
May 1, 2025 |
|
Templeton Developing Markets VIP Fund |
May 1, 2025 |
|
Templeton Foreign VIP Fund |
May 1, 2025 |
|
Templeton Global Bond VIP Fund |
May 1, 2025 |
|
Templeton Growth VIP Fund |
May 1, 2025 |
|
FRANKLIN U.S. GOVERNMENT MONEY FUND |
|
|
Franklin U.S. Government Money Fund |
November 1, 2024 |
|
FRANKLIN VALUE INVESTORS TRUST |
|
|
Franklin Mutual Small-Mid Cap Value Fund |
March 1, 2025 |
|
Franklin Mutual U.S. Mid Cap Value Fund |
March 1, 2025 |
|
Franklin Small Cap Value Fund |
March 1, 2025 |
|
INSTITUTIONAL FIDUCIARY TRUST |
|
|
Money Market Portfolio |
November 1, 2024 |
|
TEMPLETON DEVELOPING MARKETS TRUST |
|
|
Templeton Developing Markets Trust |
May 1, 2025 |
|
TEMPLETON FUNDS |
|
|
Templeton Foreign Fund |
January 1, 2025 |
|
Templeton World Fund |
January 1, 2025 |
|
TEMPLETON GLOBAL INVESTMENT TRUST |
|
|
Franklin Templeton SMACS: Series EM |
January 1, 2025 |
|
Templeton Emerging Markets Small Cap Fund |
January 1, 2025 |
|
Templeton Global Balanced Fund |
May 1, 2024 |
|
TEMPLETON GLOBAL SMALLER COMPANIES FUND |
|
|
Templeton Global Smaller Companies Fund |
January 1, 2025 |
|
TEMPLETON GROWTH FUND, INC. |
|
Fund |
Date of |
|
Templeton Growth Fund, Inc. |
January 1, 2025 |
|
TEMPLETON INCOME TRUST |
|
|
Templeton Global Bond Fund |
May 1, 2025 |
|
Templeton Global Total Return Fund |
May 1, 2025 |
|
Templeton International Bond Fund |
May 1, 2025 |
|
Templeton Sustainable Emerging Markets Bond Fund |
May 1, 2025 |
|
TEMPLETON INSTITUTIONAL FUNDS |
|
|
Foreign Smaller Companies Series |
May 1, 2025 |
|
International Equity Series |
May 1, 2025 |
Please retain this supplement for future reference.
Institutional Fiduciary Trust published this content on May 28, 2025, and is solely responsible for the information contained herein. Distributed via SEC EDGAR on May 28, 2025 at 10:00 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]