SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934
(Amendment No.)
Filed by the Registrantx
Filed by a Party other than the Registranto
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| o | Soliciting Material Pursuant to Section 240.14a-12 |
| FRANKLIN CALIFORNIA TAX-FREE INCOME FUND, INC. FRANKLIN CALIFORNIA TAX-FREE TRUST FRANKLIN CAPITAL GROWTH FUND FRANKLIN CUSTODIAN FUNDS, INC. FRANKLIN GLOBAL TRUST FRANKLIN GOLD AND PRECIOUS METALS FUND FRANKLIN HIGH INCOME TRUST FRANKLIN INVESTORS SECURITIES TRUST FRANKLIN MANAGED TRUST FRANKLIN MUNICIPAL SECURITIES TRUST FRANKLIN MUTUAL SERIES FUND INC. FRANKLIN NEW YORK TAX-FREE INCOME FUND FRANKLIN NEW YORK TAX-FREE TRUST FRANKLIN REAL ESTATE SECURITIES TRUST FRANKLIN STRATEGIC MORTGAGE PORTFOLIO FRANKLIN STRATEGIC SERIES FRANKLIN TAX-FREE TRUST | FRANKLIN TEMPLETON FUND ALLOCATOR SERIES FRANKLIN TEMPLETON GLOBAL TRUST FRANKLIN TEMPLETON INTERNATIONAL TRUST FRANKLIN TEMPLETON MONEY FUND TRUST FRANKLIN VALUE INVESTORS TRUST INSTITUTIONAL FIDUCIARY TRUST THE MONEY MARKET PORTFOLIOS TEMPLETON CHINA WORLD FUND TEMPLETON DEVELOPING MARKETS TRUST TEMPLETON FUNDS, INC. TEMPLETON GLOBAL SMALLER COMPANIES FUND TEMPLETON INCOME TRUST TEMPLETON INSTITUTIONAL FUNDS, INC. FRANKLIN FEDERAL TAX-FREE INCOME FUND FRANKLIN MONEY FUND FRANKLIN TAX-EXEMPT MONEY FUND | ||
| (Name of Registrant as Specified In Its Charter) | |||
| (Name of Person(s) Filing Proxy Statement, if other than the Registrant) | |||
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FRANKLIN TEMPLETON INVESTMENTS
March 12, 2007
YOUR IMMEDIATE ATTENTION IS REQUESTED
Dear Shareholder:
We have not received your vote on the proposals that affect your investment in the Franklin Templeton Funds. We are again asking you to cast your vote on these important fund changes. If sufficient participation is not reached, your shareholder meeting may need to adjourn.
IT IS EXTREMELY IMPORTANT THAT YOU TAKE A FEW MINUTES AND CAST YOUR VOTE TODAY. OTHERWISE YOUR FUND WILL NEED TO INCUR ADDITIONAL COSTS ASSOCIATED WITH FURTHER COMMUNICATIONS AND A POSSIBLE ADJOURNMENT.
ALL SHAREHOLDERS WILL BENEFIT FROM YOUR COOPERATION.
After careful review, the Board of Trustees has unanimously recommended a vote “FOR”
the proposals detailed in your proxy statement.
ChooseONE of the following methods to vote your shares:
TO SPEAK TO A PROXY VOTING SPECIALIST:Dial toll-free1-877-777-3418and a representative from MIS, an ADP Company, will assist you with voting your shares and answer any of your proxy related questions. Representatives are available 9:00 a.m. - 9:00 p.m. (Eastern Time), Monday - Friday and Saturday 10:00 a.m. to 6:00 p.m. (Eastern Time).
VOTE BY TOUCH-TONE:Dial the toll-free touch-tone voting number listed on your proxy card, enter theCONTROL NUMBERprinted on your proxy card and follow the simple instructions. Telephone voting is available 24 hours a day, 7 days a week.THIS CALL IS TOLL-FREE.If you have received more than one proxy card, you can vote each card during the call. Each card has a different control number.
VOTE VIA INTERNET:Go to website listed on your proxy card, enter theCONTROL NUMBERprinted on your proxy card and follow the simple instructions. If you have received more than one proxy card, you can vote each card on the website. Each card has a different control number.
VOTE BY MAIL:Sign and date the enclosed proxy card and mail back using the enclosed pre-paid postage envelope so that we will receive it by March 20, 2007 (day prior to Meeting).
YOUR VOTE IS IMPORTANT; PLEASE VOTE YOUR SHARES TODAY!