N-MFP LIVE N 2011-06-30 0000353316 S000006890 1 N N N N 002-72614 Franklin Advisers, Inc. 801-26292 PricewaterhouseCoopers LLP San Francisco CA Franklin Templeton Services, LLC Franklin Templeton Investor Services, LLC 0000353291 84-01036 N N N Other Tax Exempt Fund 17 17 134877603.34 7918286.39 5589022.23 137206867.50 0.0011 0.9990 2011-06-30 0.9990 2011-06-30 C000018660 1000.00 137206867.50 1.00 -6304463.11 5851497.32 12155960.43 0.0000 0.9990 2011-06-30 0.9990 2011-06-30 BEXAR CNTY TEX HSG FIN AUTH MULTIFAMILY REV BEXAR CNTY TEX HSG FIN AUTH MULTIFAMILY REV 0.080000% 088376AA6 Variable Rate Demand Note N First Tier Security 2011-07-05 2011-07-05 Y FANNIE MAE N/A N/A Y FANNIE MAE N/A N/A N 5300000.00 5300000.00 0.0386 N 5300000.00 5300000.00 BUCKS CNTY PA INDL DEV AUTH REV BUCKS CNTY PA INDL DEV AUTH REV 0.060000% 11861MAA4 Variable Rate Demand Note N First Tier Security 2011-07-06 2011-07-06 Y TORONTO DOMINION BANK N/A N/A Y TORONTO DOMINION BANK N/A N/A N 2000000.00 2000000.00 0.0146 N 2000000.00 2000000.00 CALIFORNIA EDL FACS AUTH REV CALIFORNIA EDL FACS AUTH REV 0.040000% 130175JK9 Variable Rate Demand Note N First Tier Security 2011-07-05 2011-07-05 Y CALIFORNIA EDL FACS AUTH REV N/A N/A N N 5000000.00 5000000.00 0.0364 N 5000000.00 5000000.00 CALIFORNIA EDL FACS AUTH REV CALIFORNIA EDL FACS AUTH REV 0.040000% 130178EZ5 Variable Rate Demand Note N First Tier Security 2011-07-06 2011-07-06 Y CALIFORNIA EDL FACS AUTH REV N/A N/A N N 5000000.00 5000000.00 0.0364 N 5000000.00 5000000.00 CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 0.020000% 13033WQE6 Variable Rate Demand Note N First Tier Security 2011-07-01 2011-07-01 Y CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV N/A N/A N N 3320000.00 3320000.00 0.0242 N 3320000.00 3320000.00 CALIFORNIA POLLUTN CTL FING AUTH POLLUTN CTL REV CALIFORNIA POLLUTN CTL FING AUTH POLLUTN CTL REV 0.050000% 130534XA3 Variable Rate Demand Note N First Tier Security 2011-07-01 2011-07-01 Y JP MORGAN CHASE BANK ONE N/A N/A Y JP MORGAN CHASE BANK ONE N/A N/A N 1400000.00 1400000.00 0.0102 N 1400000.00 1400000.00 CALIFORNIA ST ECONOMIC RECOVERY CALIFORNIA ST ECONOMIC RECOVERY 0.030000% 13067JME8 Variable Rate Demand Note N First Tier Security 2011-07-01 2011-07-01 Y BANK OF AMERICA N/A N/A Y BANK OF AMERICA N/A N/A N 2000000.00 2000000.00 0.0146 N 2000000.00 2000000.00 CALIFORNIA ST GO CALIFORNIA ST GO 0.030000% 13063A5X8 Variable Rate Demand Note N First Tier Security 2011-07-01 2011-07-01 Y CALIFORNIA ST TCHRS RET N/A N/A STATE STREET BANK N/A N/A Y CALIFORNIA ST TCHRS RET N/A N/A STATE STREET BANK N/A N/A N 3500000.00 3500000.00 0.0255 N 3500000.00 3500000.00 CALIFORNIA ST GO CALIFORNIA ST GO 0.040000% 13063A6F6 Variable Rate Demand Note N First Tier Security 2011-07-01 2011-07-01 Y CITIBANK N/A N/A Y CITIBANK N/A N/A N 500000.00 500000.00 0.0036 N 500000.00 500000.00 CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 0.030000% 130795UC9 Variable Rate Demand Note N First Tier Security 2011-07-01 2011-07-01 Y WELLS FARGO BANK N/A N/A Y WELLS FARGO BANK N/A N/A N 1800000.00 1800000.00 0.0131 N 1800000.00 1800000.00 CLEVELAND-CUYAHOGA CNTY OHIO PORT AUTH REV CLEVELAND-CUYAHOGA CNTY OHIO PORT AUTH REV 0.070000% 186103FJ1 Variable Rate Demand Note N First Tier Security 2011-07-06 2011-07-06 Y JP MORGAN CHASE BANK ONE N/A N/A Y JP MORGAN CHASE BANK ONE N/A N/A N 2000000.00 2000000.00 0.0146 N 2000000.00 2000000.00 COBB CNTY GA HSG AUTH MULTIFAMILY HSG REV COBB CNTY GA HSG AUTH MULTIFAMILY HSG REV 0.060000% 190901CC0 Variable Rate Demand Note N First Tier Security 2011-07-06 2011-07-06 Y FREDDIE MAC N/A N/A Y FREDDIE MAC N/A N/A N 3840000.00 3840000.00 0.0280 N 3840000.00 3840000.00 COLORADO EDL & CULTURAL FACS AUTH REV COLORADO EDL & CULTURAL FACS AUTH REV 0.050000% 196458A45 Variable Rate Demand Note N First Tier Security 2011-07-01 2011-07-01 Y BANK OF AMERICA N/A N/A Y BANK OF AMERICA N/A N/A N 2705000.00 2705000.00 0.0197 N 2705000.00 2705000.00 COLORADO EDL & CULTURAL FACS AUTH REV COLORADO EDL & CULTURAL FACS AUTH REV 7.500000% 196458WA7 Other Municipal Debt N First Tier Security 2011-12-01 2011-12-01 N N N 1750000.00 1799250.42 0.0131 N 1799805.00 1799805.00 COLORADO EDL & CULTURAL FACS AUTH REV COLORADO EDL & CULTURAL FACS AUTH REV 0.050000% 19645RFD8 Variable Rate Demand Note N First Tier Security 2011-07-01 2011-07-01 Y JP MORGAN CHASE BANK ONE N/A N/A Y JP MORGAN CHASE BANK ONE N/A N/A N 250000.00 250000.00 0.0018 N 250000.00 250000.00 COLORADO EDL & CULTURAL FACS AUTH REV COLORADO EDL & CULTURAL FACS AUTH REV 0.080000% 19645RGS4 Variable Rate Demand Note N First Tier Security 2011-07-06 2011-07-06 Y WELLS FARGO BANK N/A N/A Y WELLS FARGO BANK N/A N/A N 1500000.00 1500000.00 0.0109 N 1500000.00 1500000.00 COLORADO HSG FIN AUTH COLORADO HSG FIN AUTH 0.090000% 196478XW6 Variable Rate Demand Note N First Tier Security 2011-07-05 2011-07-05 Y FANNIE MAE N/A N/A Y FANNIE MAE N/A N/A N 2800000.00 2800000.00 0.0204 N 2800000.00 2800000.00 COLORADO HSG FIN AUTH COLORADO HSG FIN AUTH 0.090000% 196478YA3 Variable Rate Demand Note N First Tier Security 2011-07-05 2011-07-05 Y FANNIE MAE N/A N/A Y FANNIE MAE N/A N/A N 1900000.00 1900000.00 0.0138 N 1900000.00 1900000.00 CONNECTICUT ST HEALTH & EDL FACS AUTH REV CONNECTICUT ST HEALTH & EDL FACS AUTH REV 0.020000% 20774LRT4 Variable Rate Demand Note N First Tier Security 2011-07-01 2011-07-01 Y CONNECTICUT ST HEALTH & EDL FACS AUTH REV N/A N/A N N 5300000.00 5300000.00 0.0386 N 5300000.00 5300000.00 DURHAM CNTY N C INDL FACS & POLLUTION CTL FING AUTH REV DURHAM CNTY N C INDL FACS & POLLUTION CTL FING A 0.400000% 266711AT7 Other Municipal Debt N First Tier Security 2011-09-29 2011-09-29 N N N 3000000.00 3000000.00 0.0219 N 3000000.00 3000000.00 EMMAUS PA GEN AUTH REV EMMAUS PA GEN AUTH REV 0.110000% 291380LF8 Variable Rate Demand Note N First Tier Security 2011-07-05 2011-07-05 Y US BANK NATIONAL ASSOCIATION N/A N/A Y US BANK NATIONAL ASSOCIATION N/A N/A N 900000.00 900000.00 0.0066 N 900000.00 900000.00 ILLINOIS HEALTH FACS AUTH REV ILLINOIS HEALTH FACS AUTH REV 0.100000% 452008WP6 Variable Rate Demand Note N First Tier Security 2011-07-05 2011-07-05 Y JP MORGAN CHASE BANK ONE N/A N/A Y JP MORGAN CHASE BANK ONE N/A N/A N 1400000.00 1400000.00 0.0102 N 1400000.00 1400000.00 IOWA FIN AUTH REV IOWA FIN AUTH REV 0.080000% 46246KWW8 Variable Rate Demand Note N First Tier Security 2011-07-06 2011-07-06 Y WELLS FARGO BANK N/A N/A Y WELLS FARGO BANK N/A N/A N 1495000.00 1495000.00 0.0109 N 1495000.00 1495000.00 KENTUCKY ECONOMIC DEV FIN AUTH HOSP FACS REV KENTUCKY ECONOMIC DEV FIN AUTH HOSP FACS REV 0.030000% 49126KFR7 Variable Rate Demand Note N First Tier Security 2011-07-01 2011-07-01 Y JP MORGAN CHASE BANK ONE N/A N/A Y JP MORGAN CHASE BANK ONE N/A N/A N 2000000.00 2000000.00 0.0146 N 2000000.00 2000000.00 LOS ANGELES CALIF LOS ANGELES CALIF 2.500000% 544351GW3 Other Municipal Debt N First Tier Security 2012-02-29 2012-02-29 N N N 2500000.00 2534925.00 0.0185 N 2534925.00 2534925.00 LOS ANGELES CALIF DEPT OF WTR & PWR REV LOS ANGELES CALIF DEPT OF WTR & PWR REV 0.040000% 544495DN1 Variable Rate Demand Note N First Tier Security 2011-07-06 2011-07-06 Y ROYAL BANK CANADA N/A N/A Y ROYAL BANK CANADA N/A N/A N 2000000.00 2000000.00 0.0146 N 2000000.00 2000000.00 MASSACHUSETTS ST HEALTH & EDL FACS AUTH REV MASSACHUSETTS ST HEALTH & EDL REV BDS 0.020000% 57585KGP7 Variable Rate Demand Note N First Tier Security 2011-07-01 2011-07-01 Y MASSACHUSETTS ST HEALTH & EDL REV BDS N/A N/A N N 5410000.00 5410000.00 0.0394 N 5410000.00 5410000.00 MASSACHUSETTS ST HEALTH & EDL FACS AUTH REV MASSACHUSETTS ST HEALTH & EDL FACS AUTH REV 0.020000% 57586CP25 Variable Rate Demand Note N First Tier Security 2011-07-01 2011-07-01 Y MASSACHUSETTS ST HEALTH & EDL FACS AUTH REV N/A N/A N N 5000000.00 5000000.00 0.0364 N 5000000.00 5000000.00 MEDFORD ORE HOSP FACS AUTH REV MEDFORD ORE HOSP FACS AUTH REV 0.050000% 584283EK7 Variable Rate Demand Note N First Tier Security 2011-07-01 2011-07-01 Y BANK OF AMERICA N/A N/A Y BANK OF AMERICA N/A N/A N 2600000.00 2600000.00 0.0189 N 2600000.00 2600000.00 MENDOTA HEIGHTS MINN HSG MTG REV MENDOTA HEIGHTS MINN HSG MTG REV 0.180000% 586776AD8 Variable Rate Demand Note N First Tier Security 2011-07-06 2011-07-06 Y WELLS FARGO BANK N/A N/A Y WELLS FARGO BANK N/A N/A N 1015000.00 1015000.00 0.0074 N 1015000.00 1015000.00 METROPOLITAN HIGHER ED AUTH METROPOLITAN HIGHER ED AUTH 0.100000% 592143AY7 Variable Rate Demand Note N First Tier Security 2011-07-06 2011-07-06 Y JP MORGAN CHASE BANK ONE N/A N/A Y JP MORGAN CHASE BANK ONE N/A N/A N 2995000.00 2995000.00 0.0218 N 2995000.00 2995000.00 METROPOLITAN TRANSN AUTH TRANSPORTATION REV METROPOLITAN TRANSN AUTH TRANSPORTATION REV 0.030000% 59259R7S7 Variable Rate Demand Note N First Tier Security 2011-07-06 2011-07-06 Y BANK OF NOVA SCOTIA N/A N/A Y BANK OF NOVA SCOTIA N/A N/A N 4500000.00 4500000.00 0.0328 N 4500000.00 4500000.00 METROPOLITAN WTR DIST SOUTHN CALIF WTRWKS REV METROPOLITAN WTR DIST SOUTHN CALIF WTRWKS REV 0.040000% 59266TCZ2 Variable Rate Demand Note N First Tier Security 2011-07-06 2011-07-06 Y METROPOLITAN WTR DIST SOUTHN CALIF WTRWKS REV N/A N/A N N 5000000.00 5000000.00 0.0364 N 5000000.00 5000000.00 MICHIGAN HIGHER ED FACS AUTH REV MICHIGAN HIGHER ED FACS AUTH REV 0.050000% 594519K25 Variable Rate Demand Note N First Tier Security 2011-07-01 2011-07-01 Y JP MORGAN CHASE BANK ONE N/A N/A Y JP MORGAN CHASE BANK ONE N/A N/A N 1700000.00 1700000.00 0.0124 N 1700000.00 1700000.00 MINNEAPOLIS MINN MULTIFAMILY REV MINNEAPOLIS MINN MULTIFAMILY REV 0.180000% 603767KS2 Variable Rate Demand Note N First Tier Security 2011-07-06 2011-07-06 Y WELLS FARGO BANK N/A N/A Y WELLS FARGO BANK N/A N/A N 145000.00 145000.00 0.0011 N 145000.00 145000.00 MISSOURI ST HEALTH & EDL FACS AUTH EDL FACS REV MISSOURI ST HEALTH & EDL FACS REV BDS 0.030000% 606901P42 Variable Rate Demand Note N First Tier Security 2011-07-01 2011-07-01 Y US BANK NATIONAL ASSOCIATION N/A N/A Y US BANK NATIONAL ASSOCIATION N/A N/A N 2165000.00 2165000.00 0.0158 N 2165000.00 2165000.00 NEW JERSEY HEALTH CARE FACS FING AUTH REV NEW JERSEY HEALTH CARE FACS FING AUTH REV 0.060000% 64579FYL1 Variable Rate Demand Note N First Tier Security 2011-07-06 2011-07-06 Y TORONTO DOMINION BANK N/A N/A Y TORONTO DOMINION BANK N/A N/A N 2000000.00 2000000.00 0.0146 N 2000000.00 2000000.00 NEW YORK LIBERTY DEV CORP LIBERTY REV NEW YORK LIBERTY DEV CORP LIBERTY REV 0.350000% 649519BE4 Other Municipal Debt N First Tier Security 2012-02-01 2012-02-01 N N N 2000000.00 2000000.00 0.0146 N 2000180.00 2000180.00 NEW YORK N Y CITY TR CULTURAL RES REV NEW YORK N Y CITY TR CULTURAL RES REV 0.050000% 649717PP4 Variable Rate Demand Note N First Tier Security 2011-07-05 2011-07-05 Y US BANK NATIONAL ASSOCIATION N/A N/A Y US BANK NATIONAL ASSOCIATION N/A N/A N 3000000.00 3000000.00 0.0219 N 3000000.00 3000000.00 NEW YORK ST DORM AUTH REVS NEW YORK ST DORM AUTH REVS 0.050000% 64983M4M7 Variable Rate Demand Note N First Tier Security 2011-07-05 2011-07-05 Y TORONTO DOMINION BANK N/A N/A Y TORONTO DOMINION BANK N/A N/A N 2600000.00 2600000.00 0.0189 N 2600000.00 2600000.00 NEW YORK ST DORM AUTH REVS NEW YORK ST DORM AUTH REVS 0.060000% 64983M4R6 Variable Rate Demand Note N First Tier Security 2011-07-06 2011-07-06 Y TORONTO DOMINION BANK N/A N/A Y TORONTO DOMINION BANK N/A N/A N 2000000.00 2000000.00 0.0146 N 2000000.00 2000000.00 NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 0.040000% 649905DF0 Variable Rate Demand Note N First Tier Security 2011-07-05 2011-07-05 Y NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT N/A N/A N N 5500000.00 5500000.00 0.0401 N 5500000.00 5500000.00 NEW YORK ST HSG FIN AGY REV NEW YORK ST HSG FIN AGY REV 0.040000% 64986MX83 Variable Rate Demand Note N First Tier Security 2011-07-05 2011-07-05 Y FREDDIE MAC N/A N/A Y FREDDIE MAC N/A N/A N 3695000.00 3695000.00 0.0269 N 3695000.00 3695000.00 OAKLAND-ALAMEDA CNTY CALIF COL LEASE REV OAKLAND-ALAMEDA CNTY CALIF COL LEASE REV 0.080000% 672211AH2 Variable Rate Demand Note N First Tier Security 2011-07-05 2011-07-05 Y BANK OF NEW YORK N/A N/A CALIFORNIA ST TCHRS RET N/A N/A Y BANK OF NEW YORK N/A N/A CALIFORNIA ST TCHRS RET N/A N/A N 3100000.00 3100000.00 0.0226 N 3100000.00 3100000.00 PENNSYLVANIA ST HIGHER EDL FACS AUTH REV PENNSYLVANIA ST HIGHER EDL FACS AUTH REV 0.090000% 70917RTA3 Variable Rate Demand Note N First Tier Security 2011-07-06 2011-07-06 Y TORONTO DOMINION BANK N/A N/A Y TORONTO DOMINION BANK N/A N/A N 2000000.00 2000000.00 0.0146 N 2000000.00 2000000.00 ROSEVILLE CALIF CITY SCH DIST ROSEVILLE CALIF CITY SCH DIST 2.000000% 777798HZ5 Other Municipal Debt N First Tier Security 2011-09-01 2011-09-01 N N N 4000000.00 4008427.92 0.0292 N 4009400.00 4009400.00 ROSWELL GA HSG AUTH AZALEA PK APTS ROSWELL GA HSG AUTH AZALEA PK APTS 0.090000% 778542BS8 Variable Rate Demand Note N First Tier Security 2011-07-05 2011-07-05 Y FANNIE MAE N/A N/A Y FANNIE MAE N/A N/A N 1200000.00 1200000.00 0.0087 N 1200000.00 1200000.00 UNIVERSITY TEX UNIV REVS UNIVERSITY TEX UNIV REVS 0.030000% 9151153V9 Variable Rate Demand Note N First Tier Security 2011-07-06 2011-07-06 Y UNIVERSITY TEX UNIV REVS N/A N/A N N 4000000.00 4000000.00 0.0292 N 4000000.00 4000000.00 VANCOUVER WASH HSG AUTH REV VANCOUVER WASH HSG AUTH REV 0.080000% 921626JT5 Variable Rate Demand Note N First Tier Security 2011-07-06 2011-07-06 Y FREDDIE MAC N/A N/A Y FREDDIE MAC N/A N/A N 2800000.00 2800000.00 0.0204 N 2800000.00 2800000.00 WASHINGTON ST HSG FIN COMMN NONPROFIT HSG REV WASHINGTON ST HSG FIN COMMN NONPROFIT HSG REV 0.110000% 93978LAT3 Variable Rate Demand Note N First Tier Security 2011-07-06 2011-07-06 Y WELLS FARGO BANK N/A N/A Y WELLS FARGO BANK N/A N/A N 1200000.00 1200000.00 0.0087 N 1200000.00 1200000.00