Franklin Income VIP Fund

Fund Profile

Fund profile

Fund manager

Franklin Templeton Variable Insurance Products Trust

Total assets

$3.14 bn

Liabilities

$4.77 mm

Net assets

$3.14 bn

Number of holdings

268.00

Top 200 of 268 Holdings

As of Dec 2024

Security	$Holding	Balance	% of Fund	Category	Position	Country
U.S. Treasury Notes	116.79 mm	130.00 mm principal	3.72	Debt	Long	USA
Institutional Fiduciary Trust - Money Market Portfolio	70.95 mm	70.95 mm shares	2.26	Short-term investment vehicle	Long	USA
CVX Chevron Corporation	50.69 mm	350.00 k shares	1.61	Common equity	Long	USA
JNJ Johnson & Johnson	50.62 mm	350.00 k shares	1.61	Common equity	Long	USA
XOM Exxon Mobil Corporation	43.03 mm	400.00 k shares	1.37	Common equity	Long	USA
CSCO Cisco Systems, Inc.	35.52 mm	600.00 k shares	1.13	Common equity	Long	USA
PEP PepsiCo, Inc.	34.97 mm	230.00 k shares	1.11	Common equity	Long	USA
U.S. Treasury Bonds	34.56 mm	42.50 mm principal	1.10	Debt	Long	USA
PG The Procter & Gamble Company	33.53 mm	200.00 k shares	1.07	Common equity	Long	USA
LMT Lockheed Martin Corporation	31.59 mm	65.00 k shares	1.01	Common equity	Long	USA
HD The Home Depot, Inc.	31.12 mm	80.00 k shares	0.99	Common equity	Long	USA
Royal Bank of Canada into Texas Instruments, Inc.	30.36 mm	160.00 k shares	0.97	Structured note	Long	Canada
CHS/Community Health Systems, Inc.	30.07 mm	39.75 mm principal	0.96	Debt	Long	USA
UNP Union Pacific Corporation	29.64 mm	129.99 k shares	0.94	Common equity	Long	USA
SO The Southern Company	29.64 mm	360.00 k shares	0.94	Common equity	Long	USA
U.S. Treasury Bonds	28.71 mm	40.00 mm principal	0.91	Debt	Long	USA
PFE Pfizer Inc.	28.12 mm	1.06 mm shares	0.90	Common equity	Long	USA
FHLMC Pool, 30 Year	26.60 mm	27.54 mm principal	0.85	ABS-mortgage backed security	Long	USA
CHS/Community Health Systems, Inc.	26.34 mm	25.50 mm principal	0.84	Debt	Long	USA
C Citigroup Inc.	25.70 mm	24.50 mm principal	0.82	Debt	Long	USA
MS Morgan Stanley	25.14 mm	200.00 k shares	0.80	Common equity	Long	USA
ABBV AbbVie Inc.	24.88 mm	140.00 k shares	0.79	Common equity	Long	USA
MRK Merck & Co., Inc.	24.87 mm	250.00 k shares	0.79	Common equity	Long	USA
BA The Boeing Company	24.67 mm	25.00 mm principal	0.79	Debt	Long	USA
THC Tenet Healthcare Corporation	24.03 mm	24.03 mm principal	0.77	Debt	Long	USA
JPM JPMorgan Chase & Co.	23.97 mm	100.00 k shares	0.76	Common equity	Long	USA
NEE NextEra Energy, Inc.	23.83 mm	332.38 k shares	0.76	Common equity	Long	USA
APD Air Products and Chemicals, Inc.	23.20 mm	80.00 k shares	0.74	Common equity	Long	USA
BAC Bank of America Corporation	21.98 mm	500.00 k shares	0.70	Common equity	Long	USA
CMCSA Comcast Corporation	21.58 mm	575.00 k shares	0.69	Common equity	Long	USA
RIO Rio Tinto Group	21.50 mm	365.53 k shares	0.68	Common equity	Long	UK
CCL Carnival Corporation & plc	20.04 mm	20.00 mm principal	0.64	Debt	Long	Panama
Ford Motor Credit Co. LLC	19.99 mm	20.00 mm principal	0.64	Debt	Long	USA
THC Tenet Healthcare Corporation	19.38 mm	19.40 mm principal	0.62	Debt	Long	USA
U.S. Treasury Bonds	18.71 mm	21.00 mm principal	0.60	Debt	Long	USA
DVA DaVita Inc.	18.40 mm	20.00 mm principal	0.59	Debt	Long	USA
GS The Goldman Sachs Group, Inc.	18.28 mm	17.00 mm principal	0.58	Debt	Long	USA
CHS/Community Health Systems, Inc.	18.25 mm	25.00 mm principal	0.58	Debt	Long	USA
AMGN Amgen Inc.	18.24 mm	70.00 k shares	0.58	Common equity	Long	USA
TD The Toronto-Dominion Bank	17.86 mm	190.00 k shares	0.57	Structured note	Long	Canada
UPS United Parcel Service, Inc.	17.53 mm	139.00 k shares	0.56	Common equity	Long	USA
Mauser Packaging Solutions Holding Co.	17.21 mm	16.93 mm principal	0.55	Debt	Long	USA
FHLMC Pool, 30 Year	16.76 mm	16.98 mm principal	0.53	ABS-mortgage backed security	Long	USA
FNMA Federal National Mortgage Association	16.45 mm	475.00 shares	0.52	Preferred equity	Long	USA
DUK Duke Energy Corporation	16.16 mm	150.00 k shares	0.51	Common equity	Long	USA
D Dominion Energy, Inc.	16.16 mm	300.00 k shares	0.51	Common equity	Long	USA
SRE Sempra	15.79 mm	180.00 k shares	0.50	Common equity	Long	USA
Johnson Controls International plc	15.79 mm	200.00 k shares	0.50	Common equity	Long	Ireland
Medline Borrower LP	15.76 mm	17.00 mm principal	0.50	Debt	Long	USA
FNMA, 30 Year	15.74 mm	16.28 mm principal	0.50	ABS-mortgage backed security	Long	USA
FHLMC Pool, 30 Year	15.74 mm	16.28 mm principal	0.50	ABS-mortgage backed security	Long	USA
Shell plc	15.66 mm	250.00 k shares	0.50	Common equity	Long	UK
PM Philip Morris International Inc.	15.65 mm	130.00 k shares	0.50	Common equity	Long	USA
KO The Coca-Cola Company	15.57 mm	250.00 k shares	0.50	Common equity	Long	USA
Nestle SA	15.52 mm	190.00 k shares	0.49	Common equity	Long	Switzerland
Wells Fargo & Co.	15.49 mm	15.50 mm principal	0.49	Debt	Long	USA
TransDigm, Inc.	15.15 mm	15.00 mm principal	0.48	Debt	Long	USA
BCS Barclays PLC	15.02 mm	15.00 mm principal	0.48	Debt	Long	UK
Weatherford International Ltd.	14.98 mm	14.50 mm principal	0.48	Debt	Long	Bermuda
COP ConocoPhillips	14.88 mm	150.00 k shares	0.47	Common equity	Long	USA
Ford Motor Credit Co. LLC	14.87 mm	15.00 mm principal	0.47	Debt	Long	USA
Wells Fargo Bank NA into NextEra Energy, Inc.	14.79 mm	205.00 k shares	0.47	Structured note	Long	USA
NRG NRG Energy, Inc.	14.66 mm	15.00 mm principal	0.47	Debt	Long	USA
BA The Boeing Company	14.61 mm	240.00 k shares	0.47	Preferred equity	Long	USA
UBS AG into Oracle Corp.	14.44 mm	105.00 k shares	0.46	Structured note	Long	Switzerland
Barclays Bank plc into International Business Machines Corp.	14.30 mm	75.00 k shares	0.46	Structured note	Long	UK
TXN Texas Instruments Incorporated	14.06 mm	75.00 k shares	0.45	Common equity	Long	USA
BNP Paribas Issuance BV into Freeport-McMoRan, Inc.	13.78 mm	350.00 k shares	0.44	Structured note	Long	Netherlands
TTE TotalEnergies SE	13.63 mm	250.00 k shares	0.43	Common equity	Long	France
Delta Air Lines, Inc. / SkyMiles IP Ltd.	13.51 mm	13.69 mm principal	0.43	Debt	Long	USA
FNMA, 30 Year	13.38 mm	13.83 mm principal	0.43	ABS-mortgage backed security	Long	USA
Calumet Specialty Products Partners LP / Calumet Finance Corp.	13.31 mm	13.19 mm principal	0.42	Debt	Long	USA
ORCL Oracle Corporation	13.21 mm	15.00 mm principal	0.42	Debt	Long	USA
Citigroup Global Markets Holdings, Inc. into Boeing Co. (The)	12.88 mm	79.90 k shares	0.41	Structured note	Long	USA
Mizuho Markets Cayman LP into Intel Corp.	12.87 mm	615.00 k shares	0.41	Structured note	Long	Cayman Islands
MT ArcelorMittal S.A.	12.83 mm	12.00 mm principal	0.41	Debt	Long	Luxembourg
LOW Lowe's Companies, Inc.	12.80 mm	13.00 mm principal	0.41	Debt	Long	USA
Citigroup Global Markets Holdings, Inc. into Exxon Mobil Corp.	12.79 mm	120.67 k shares	0.41	Structured note	Long	USA
ADI Analog Devices, Inc.	12.75 mm	60.00 k shares	0.41	Common equity	Long	USA
MU Micron Technology, Inc.	12.62 mm	150.00 k shares	0.40	Common equity	Long	USA
United Rentals North America, Inc.	12.47 mm	12.80 mm principal	0.40	Debt	Long	USA
GM General Motors Company	12.43 mm	13.50 mm principal	0.40	Debt	Long	USA
THC Tenet Healthcare Corporation	12.42 mm	12.50 mm principal	0.40	Debt	Long	USA
Mizuho Markets Cayman LP into Bristol-Myers Squibb Co.	12.26 mm	230.00 k shares	0.39	Structured note	Long	Cayman Islands
Celanese US Holdings LLC	12.18 mm	12.00 mm principal	0.39	Debt	Long	USA
JPMorgan Chase Bank NA into Alphabet, Inc.	11.97 mm	75.50 k shares	0.38	Structured note	Long	USA
BA The Boeing Company	11.53 mm	11.50 mm principal	0.37	Debt	Long	USA
National Bank of Canada into Broadcom, Inc.	11.33 mm	8.00 k shares	0.36	Structured note	Long	USA
Barclays Bank plc into RTX Corp.	11.30 mm	98.00 k shares	0.36	Structured note	Long	USA
EMRLD Borrower LP / Emerald Co-Issuer, Inc.	11.03 mm	11.00 mm principal	0.35	Debt	Long	USA
BCS Barclays PLC	11.01 mm	10.00 mm principal	0.35	Debt	Long	UK
Wells Fargo Bank NA into QUALCOMM, Inc.	10.86 mm	68.50 k shares	0.35	Structured note	Long	USA
Merrill Lynch BV into Microsoft Corp	10.85 mm	25.60 k shares	0.35	Structured note	Long	Netherlands
Venture Global LNG, Inc.	10.73 mm	10.25 mm principal	0.34	Debt	Long	USA
Merrill Lynch International & Co. CV into Morgan Stanley	10.64 mm	100.00 k shares	0.34	Structured note	Long	Netherlands
C Citigroup Inc.	10.56 mm	150.00 k shares	0.34	Common equity	Long	USA
RTX RTX Corporation	10.41 mm	90.00 k shares	0.33	Common equity	Long	USA
COF Capital One Financial Corporation	10.37 mm	10.40 mm principal	0.33	Debt	Long	USA
SO The Southern Company	10.30 mm	10.00 mm principal	0.33	Debt	Long	USA
HON Honeywell International Inc.	10.25 mm	45.39 k shares	0.33	Common equity	Long	USA
US Bancorp	10.22 mm	10.00 mm principal	0.33	Debt	Long	USA
Teva Pharmaceutical Finance Netherlands III BV	10.22 mm	10.00 mm principal	0.33	Debt	Long	Netherlands
Barclays Bank plc into Oracle Corp.	10.20 mm	85.00 k shares	0.32	Structured note	Long	USA
Barclays Bank plc into Target Corp.	10.13 mm	75.00 k shares	0.32	Structured note	Long	USA
HPQ HP Inc.	10.09 mm	10.00 mm principal	0.32	Debt	Long	USA
UNH UnitedHealth Group Incorporated	10.07 mm	10.00 mm principal	0.32	Debt	Long	USA
VZ Verizon Communications Inc.	10.00 mm	250.00 k shares	0.32	Common equity	Long	USA
BNP Paribas Issuance BV into Applied Materials, Inc.	9.97 mm	60.00 k shares	0.32	Structured note	Long	France
Vistra Operations Co. LLC	9.90 mm	10.51 mm principal	0.32	Debt	Long	USA
HCA, Inc.	9.90 mm	10.00 mm principal	0.32	Debt	Long	USA
Mizuho Markets Cayman LP into Freeport-McMoRan, Inc.	9.83 mm	250.00 k shares	0.31	Structured note	Long	Cayman Islands
VICI Properties LP	9.74 mm	10.00 mm principal	0.31	Debt	Long	USA
CPNLQ Calpine Corp	9.71 mm	10.00 mm principal	0.31	Debt	Long	USA
Dornoch Debt Merger Sub, Inc.	9.69 mm	11.95 mm principal	0.31	Debt	Long	USA
CCO Holdings LLC / CCO Holdings Capital Corp.	9.65 mm	10.00 mm principal	0.31	Debt	Long	USA
J.P. Morgan Structured Products BV into Home Depot, Inc. (The)	9.49 mm	25.00 k shares	0.30	Structured note	Long	USA
CNC Centene Corporation	9.47 mm	10.00 mm principal	0.30	Debt	Long	USA
EXE Expand Energy Corporation	9.43 mm	9.50 mm principal	0.30	Debt	Long	USA
Broadcom Pte. Ltd.	9.38 mm	10.00 mm principal	0.30	Debt	Long	USA
ALB Albemarle Corporation	9.36 mm	230.00 k shares	0.30	Preferred equity	Long	USA
AEP American Electric Power Company, Inc.	9.22 mm	100.00 k shares	0.29	Common equity	Long	USA
GT The Goodyear Tire & Rubber Company	9.19 mm	10.00 mm principal	0.29	Debt	Long	USA
Morgan Stanley	9.15 mm	8.65 mm principal	0.29	Debt	Long	USA
WDAY Workday, Inc.	9.10 mm	10.00 mm principal	0.29	Debt	Long	USA
Ardagh Packaging Finance plc / Ardagh Holdings USA, Inc.	9.01 mm	10.00 mm principal	0.29	Debt	Long	USA
Mizuho Markets Cayman LP into International Paper Co.	9.00 mm	215.00 k shares	0.29	Structured note	Long	Cayman Islands
Calumet Specialty Products Partners LP / Calumet Finance Corp.	8.80 mm	8.82 mm principal	0.28	Debt	Long	USA
XEL Xcel Energy Inc.	8.78 mm	130.00 k shares	0.28	Common equity	Long	USA
Barclays Bank plc into Dell Technologies Inc	8.70 mm	75.00 k shares	0.28	Structured note	Long	USA
MCD McDonald's Corporation	8.70 mm	30.00 k shares	0.28	Common equity	Long	USA
CommScope LLC	8.68 mm	9.85 mm principal	0.28	Debt	Long	USA
MU Micron Technology, Inc.	8.52 mm	8.00 mm principal	0.27	Debt	Long	USA
IFF International Flavors & Fragrances Inc.	8.50 mm	10.00 mm principal	0.27	Debt	Long	USA
Univision Communications, Inc.	8.48 mm	8.50 mm principal	0.27	Debt	Long	USA
FITB Fifth Third Bancorp	8.46 mm	200.00 k shares	0.27	Common equity	Long	USA
Barclays Bank plc into Air Products and Chemicals, Inc.	8.44 mm	33.00 k shares	0.27	Structured note	Long	USA
MCHP Microchip Technology Incorporated	8.38 mm	146.06 k shares	0.27	Common equity	Long	USA
SCIH Salt Holdings, Inc.	8.37 mm	8.89 mm principal	0.27	Debt	Long	USA
BNP Paribas Issuance BV into Bank of America Corp.	8.36 mm	225.00 k shares	0.27	Structured note	Long	Netherlands
United Airlines, Inc.	8.33 mm	8.75 mm principal	0.27	Debt	Long	USA
Wells Fargo Bank NA into UnitedHealth Group, Inc.	8.32 mm	17.00 k shares	0.26	Structured note	Long	USA
PNC The PNC Financial Services Group, Inc.	8.28 mm	8.00 mm principal	0.26	Debt	Long	USA
Barclays Bank plc into Microchip Technology, Inc.	8.27 mm	135.00 k shares	0.26	Structured note	Long	UK
Wells Fargo Bank NA into Schlumberger NV	8.19 mm	206.50 k shares	0.26	Structured note	Long	USA
AstraZeneca plc	8.19 mm	125.00 k shares	0.26	Common equity	Long	UK
LyondellBasell Industries NV, Class A	8.17 mm	110.00 k shares	0.26	Common equity	Long	Netherlands
Wynn Resorts Finance LLC / Wynn Resorts Capital Corp.	8.13 mm	8.25 mm principal	0.26	Debt	Long	USA
United Rentals North America, Inc.	8.08 mm	8.00 mm principal	0.26	Debt	Long	USA
FHLMC Pool, 30 Year	8.08 mm	8.17 mm principal	0.26	ABS-mortgage backed security	Long	USA
FHLMC Pool, 30 Year	8.04 mm	8.13 mm principal	0.26	ABS-mortgage backed security	Long	USA
Royal Bank of Canada into Cisco Systems, Inc.	8.02 mm	150.00 k shares	0.26	Structured note	Long	Canada
BAC Bank of America Corporation	8.00 mm	8.00 mm principal	0.25	Debt	Long	USA
Medtronic plc	7.99 mm	100.00 k shares	0.25	Common equity	Long	Ireland
JBS USA Holding Lux SARL / JBS USA Food Co. / JBS Lux Co. SARL	7.97 mm	8.00 mm principal	0.25	Debt	Long	Luxembourg
Alcoa Nederland Holding BV	7.94 mm	8.50 mm principal	0.25	Debt	Long	Netherlands
NextEra Energy Capital Holdings, Inc.	7.92 mm	8.00 mm principal	0.25	Debt	Long	USA
Kinder Morgan, Inc.	7.88 mm	8.00 mm principal	0.25	Debt	Long	USA
Consolidated Energy Finance SA	7.88 mm	8.00 mm principal	0.25	Debt	Long	Luxembourg
VST Vistra Corp.	7.85 mm	7.80 mm principal	0.25	Debt	Long	USA
GE HealthCare Technologies, Inc.	7.80 mm	7.50 mm principal	0.25	Debt	Long	USA
FCX Freeport-McMoRan Inc.	7.76 mm	8.00 mm principal	0.25	Debt	Long	USA
Rain Carbon, Inc.	7.72 mm	7.30 mm principal	0.25	Debt	Long	USA
SPRINT Corp	7.67 mm	7.50 mm principal	0.24	Debt	Long	USA
Mizuho Markets Cayman LP into Hewlett Packard Enterprise Co.	7.66 mm	400.00 k shares	0.24	Structured note	Long	Cayman Islands
MPH Acquisition Holdings LLC	7.63 mm	8.89 mm principal	0.24	Debt	Long	USA
American Airlines, Inc. / AAdvantage Loyalty IP Ltd.	7.48 mm	7.50 mm principal	0.24	Debt	Long	USA
UBS AG into Apple, Inc.	7.47 mm	39.00 k shares	0.24	Structured note	Long	Switzerland
JetBlue Airways Corp. / JetBlue Loyalty LP	7.44 mm	7.00 mm principal	0.24	Debt	Long	USA
T-Mobile USA, Inc.	7.43 mm	7.50 mm principal	0.24	Debt	Long	USA
SCHW The Charles Schwab Corporation	7.40 mm	100.00 k shares	0.24	Common equity	Long	USA
American Airlines, Inc.	7.35 mm	7.00 mm principal	0.23	Debt	Long	USA
UBS AG into Analog Devices, Inc.	7.34 mm	34.00 k shares	0.23	Structured note	Long	Switzerland
CommScope LLC	7.18 mm	7.50 mm principal	0.23	Debt	Long	USA
JPMorgan Chase Bank NA into Truist Financial Corp.	7.16 mm	168.00 k shares	0.23	Structured note	Long	USA
ORCL Oracle Corporation	7.16 mm	6.75 mm principal	0.23	Debt	Long	USA
Mauser Packaging Solutions Holding Co.	7.15 mm	7.00 mm principal	0.23	Debt	Long	USA
Wells Fargo Bank NA into Intel Corp.	7.15 mm	350.00 k shares	0.23	Structured note	Long	USA
National Bank of Canada into Albemarle Corp.	7.10 mm	80.00 k shares	0.23	Structured note	Long	USA
CommScope LLC	6.97 mm	7.00 mm principal	0.22	Debt	Long	USA
F Ford Motor Company	6.97 mm	7.00 mm principal	0.22	Debt	Long	USA
FNMA, 30 Year	6.84 mm	6.93 mm principal	0.22	ABS-mortgage backed security	Long	USA
TGT Target Corporation	6.76 mm	50.00 k shares	0.22	Common equity	Long	USA
Camelot Return Merger Sub, Inc.	6.62 mm	6.90 mm principal	0.21	Debt	Long	USA
JPMorgan Chase Bank NA into CVS Health Corp.	6.59 mm	145.00 k shares	0.21	Structured note	Long	USA
Fertitta Entertainment LLC / Fertitta Entertainment Finance Co., Inc.	6.52 mm	7.00 mm principal	0.21	Debt	Long	USA
TFC Truist Financial Corporation	6.51 mm	150.00 k shares	0.21	Common equity	Long	USA
COF Capital One Financial Corporation	6.48 mm	7.00 mm principal	0.21	Debt	Long	USA
Morgan Stanley	6.45 mm	6.00 mm principal	0.21	Debt	Long	USA
1375209 BC Ltd.	6.39 mm	6.37 mm principal	0.20	Debt	Long	Canada
CZR Caesars Entertainment, Inc.	6.37 mm	6.25 mm principal	0.20	Debt	Long	USA
BNP Paribas SA into International Paper Co.	6.37 mm	125.00 k shares	0.20	Structured note	Long	France
BAT Capital Corp.	6.34 mm	6.00 mm principal	0.20	Debt	Long	USA
United Airlines Pass-Through Trust, Series 2023-1, Class A	6.30 mm	6.16 mm principal	0.20	ABS-other	Long	USA
OXY Occidental Petroleum Corporation	6.28 mm	6.00 mm principal	0.20	Debt	Long	USA
Merrill Lynch International & Co. CV into Halliburton Co.	6.28 mm	225.00 k shares	0.20	Structured note	Long	Netherlands
Bank of America Corp.	6.18 mm	6.50 mm principal	0.20	Debt	Long	USA
Merrill Lynch International & Co. CV into Fifth Third Bancorp	6.17 mm	160.00 k shares	0.20	Structured note	Long	Netherlands
CCO Clear Channel Outdoor Holdings, Inc.	6.13 mm	7.00 mm principal	0.20	Debt	Long	USA
Wells Fargo Bank NA into Boeing Co. (The)	6.12 mm	35.00 k shares	0.19	Structured note	Long	USA
BA The Boeing Company	6.11 mm	34.54 k shares	0.19	Common equity	Long	USA