# Portfolio overlap — FKFSX vs APLU

Comparing **Franklin U.S. Government Securities Fund** (2026-03-31) and **Allspring Core Plus ETF** (2026-02-28).

- Shared positions: 7
- Franklin U.S. Government Securities Fund covered by Allspring Core Plus ETF: 0.03696090163563159506355985236
- Allspring Core Plus ETF covered by Franklin U.S. Government Securities Fund: 0.03696090163563159506355985235

## Franklin U.S. Government Securities Fund — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| G2 MA7534 | 0.071252 | ✓ |
| G2 MA7533 | 0.053108 |  |
| G2 MA4719 | 0.046851 |  |
| GNMA I, 30 Year | 0.042100 |  |
| G2 MB0486 | 0.042019 |  |
| G2 MA7535 | 0.035277 | ✓ |
| G2 MB0686 | 0.034450 | ✓ |
| G2 MB0556 | 0.030727 |  |
| G2 MA7767 | 0.028992 |  |
| G2 MA7589 | 0.028824 | ✓ |
| Franklin Institutional US Government Money Market Fund | 0.025850 |  |
| G2 MA7472 | 0.023971 |  |
| G2 MA9668 | 0.018422 |  |
| GOVERNMENT NATIONAL MORTGAGE CORPORATION | 0.018279 |  |
| G2 MA7649 | 0.018125 |  |
| GNMA I, 30 Year | 0.017685 |  |
| GNMA I, 30 Year | 0.016566 |  |
| US TREASURY N/B | 0.015763 |  |
| G2 MA9727 | 0.014423 |  |
| Government National Mortgage Association | 0.014217 |  |
| G2 MA0392 | 0.013028 |  |
| G2 MA9105 | 0.012296 |  |
| G2 MA4452 | 0.011362 |  |
| G2 MA9016 | 0.010444 |  |
| G2 MA0220 | 0.010334 |  |
| GNMA II, Single-family, 30 Year | 0.010143 |  |
| G2 MA9170 | 0.009946 |  |
| G2 MB0091 | 0.009909 | ✓ |
| G2 MA7590 | 0.009402 |  |
| G2 MA9017 | 0.009034 |  |
| G2 MA4511 | 0.008677 |  |
| G2 MA4777 | 0.008111 |  |
| GNMA II, 30 Year | 0.007510 |  |
| US TREASURY N/B | 0.006901 |  |
| G2 MA2302 | 0.006502 |  |
| G2 5175 | 0.006378 |  |
| G2 MA3596 | 0.006258 |  |
| G2 MA9726 | 0.005897 |  |
| G2 MB0624 | 0.005678 | ✓ |
| G2 MA4587 | 0.005512 |  |
| GNMA II, Single-family, 30 Year | 0.005297 |  |
| G2 MA4718 | 0.005033 |  |
| GOVERNMENT NATIONAL MORTGAGE ASSOCIATION | 0.004656 |  |
| G2 MA9670 | 0.004616 |  |
| G2 5204 | 0.004606 |  |
| G2 MA1090 | 0.004533 |  |
| G2 5115 | 0.004421 |  |
| G2 5203 | 0.004165 |  |
| G2 5082 | 0.003972 |  |
| G2 5233 | 0.003968 |  |

## Allspring Core Plus ETF — top positions

| Security | Weight | Shared |
|----------|--------|--------|
| US TREASURY N/B | 0.045462 |  |
| US TREASURY N/B | 0.029174 |  |
| ALLSPRING GOVERNMENT MONEY MAR | 0.028730 |  |
| Fannie Mae Pool | 0.016889 |  |
| Uniform Mortgage-Backed Securities | 0.016427 |  |
| G2 MB0091 | 0.014340 | ✓ |
| US TREASURY N/B | 0.013278 |  |
| FN MA5646 | 0.012503 |  |
| US TREASURY N/B | 0.010748 |  |
| G2 MB0092 | 0.009869 |  |
| Uniform Mortgage-Backed Securities | 0.009740 |  |
| US TREASURY N/B | 0.009732 |  |
| FNMA 30YR 2% 12/01/2051#BQ6913 | 0.009401 |  |
| Fannie Mae Pool | 0.008279 |  |
| G2SF 5 3/25 | 0.008002 |  |
| Freddie Mac Pool | 0.007855 |  |
| US TREASURY N/B | 0.007723 |  |
| FN MA5701 | 0.007644 |  |
| US TREASURY N/B | 0.007383 |  |
| FR SD8390 | 0.007170 |  |
| G2 MA7589 | 0.007076 | ✓ |
| G2 MB0686 | 0.007025 | ✓ |
| FR RQ0064 | 0.007010 |  |
| FN MA5880 | 0.006943 |  |
| Fannie Mae Pool | 0.006566 |  |
| FN MA5736 | 0.005595 |  |
| Freddie Mac Pool | 0.005406 |  |
| G2 MB0624 | 0.005124 | ✓ |
| Presidencia da Republica | 0.005008 |  |
| FNMASECY | 0.004977 |  |
| US TREASURY N/B | 0.004965 |  |
| Gouvernement De France | 0.004813 |  |
| EUROPEAN UNION /EUR/ REGD REG S EMTN SER UFA 2.62500000 | 0.004811 |  |
| VANGUARD INT-TERM CORPORATE MUTUAL FUND | 0.004808 |  |
| FNMA POOL FM9482 FN 11/51 FIXED VAR | 0.004718 |  |
| COGENT IPV4 LLC SER 2024-1A CL A2 REGD 144A P/P 7.92400000 | 0.004463 |  |
| Angel Oak Mortgage Trust, Series 2025-HB2, Class A1 | 0.004429 |  |
| FN MA5528 | 0.004332 |  |
| CAJUN GLOBAL LLC SER 2025-2A CL A2 REGD 144A P/P 5.91200000 | 0.004330 |  |
| Pagaya AI Debt Selection Trust Series 2025-7, Class B | 0.004292 |  |
| FR SB8371 | 0.004169 |  |
| GNMA | 0.004165 |  |
| TITULOS DE TESORERIA 5.750000% 11/03/2027 | 0.004110 |  |
| Service Experts Issuer LLC, Series 2025-1A, Class A | 0.004104 |  |
| G2 MA7535 | 0.004039 | ✓ |
| FANNIE MAE POOL UMBS P#CB9418 6.50000000 | 0.004026 |  |
| FNCL 6 3/24 | 0.003859 |  |
| G2 MB0306 | 0.003815 |  |
| G2 MA9906 | 0.003773 |  |
| Uniform Mortgage-Backed Security, TBA | 0.003704 |  |


## Sources

- N-PORT (fund A) — accession `0002071691-26-012242` (as of 2026-03-31)
  <https://www.sec.gov/Archives/edgar/data/38721/000207169126012242/0002071691-26-012242-index.htm>
- N-PORT (fund B) — accession `0001410368-26-038305` (as of 2026-02-28)
  <https://www.sec.gov/Archives/edgar/data/1611331/000141036826038305/0001410368-26-038305-index.htm>

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_Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._

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