<PAGE> PAGE 1
000 A000000 05/31/95
000 C000000 0000843287
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 FRANKLIN PRINCIPAL MATURITY TRUST
001 B000000 811-5699
001 C000000 4153122000
002 A000000 777 MARINERS ISLAND BOULEVARD
002 B000000 SAN MATEO
002 C000000 CA
002 D010000 94404
002 D020000 1585
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 N
007 B000000 0
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
008 A000001 FRANKLIN ADVISERS, INC.
008 B000001 A
008 C000001 801-26292
008 D010001 SAN MATEO
008 D020001 CA
008 D030001 94403
008 D040001 7777
011 A000001 PAINE WEBBER INCORPORATED
<PAGE> PAGE 2
011 B000001 8-00000000
011 C010001 NEW YORK
011 C020001 NY
011 C030001 10019
012 A000001 NATIONAL WESTMINSTER BANK NJ
012 B000001 84-0000
012 C010001 JERSEY CITY
012 C020001 NJ
012 C030001 07302
013 A000001 COOPERS & LYBRAND L.L.P.
013 B010001 SAN FRANCISCO
013 B020001 CA
013 B030001 94105
013 B040001 2119
015 A000001 BANK OF AMERICA NT&SA
015 B000001 C
015 C010001 SAN FRANCISCO
015 C020001 CA
015 C030001 94104
015 C040001 1502
015 E010001 X
015 A000002 CITIBANK, N.A.
015 B000002 S
015 C010002 BUENOS AIRES
015 D010002 ARGENTINA
015 E040002 X
015 A000003 NATIONAL AUSTRALIA BANK LTD.
015 B000003 S
015 C010003 MELBOURNE
015 D010003 AUSTRALIA
015 E040003 X
015 A000004 CREDITANSTALT-BANKVEREIN
015 B000004 S
015 C010004 VIENNA
015 D010004 AUSTRIA
015 E040004 X
015 A000005 BARCLAYS BANK PLC VIA STANDARD CHARTERED BANK
015 B000005 S
015 C010005 DHAKA
015 D010005 BANGLADESH
015 E040005 X
015 A000006 BANQUE BRUXELLES LAMBERT SA
015 B000006 S
015 C010006 BRUSSELS
015 D010006 BELGIUM
015 E040006 X
015 A000007 THE BANK OF N.T. BUTTERFIELD & SON
015 B000007 S
015 C010007 HAMILTON
015 D010007 BERMUDA
015 E040007 X
<PAGE> PAGE 3
015 A000008 THE CANADA TRUST COMPANY
015 B000008 S
015 C010008 TORONTO
015 D010008 CANADA
015 E040008 X
015 A000009 HONG KONG AND SHANGHAI BANK
015 B000009 S
015 C010009 SHANGHAI
015 D010009 CHINA
015 E040009 X
015 A000010 CITITRUST COLOMBIA S.A. SOCIEDAD FIDUCIARIA
015 B000010 S
015 C010010 BOGOTA
015 D010010 COLOMBIA
015 E040010 X
015 A000011 UNIBANK A/S
015 B000011 S
015 C010011 COPENHAGEN
015 D010011 DENMARK
015 E040011 X
015 A000012 KANSALLIS-OSAKE-PANKKI
015 B000012 S
015 C010012 HELSINKI
015 D010012 FINLAND
015 E040012 X
015 A000013 SOCIETE GENERALE
015 B000013 S
015 C010013 NANTES
015 D010013 FRANCE
015 E040013 X
015 A000014 BERLINER HANDELS-UND FRANKFURTER BANK
015 B000014 S
015 C010014 FRANKFURT
015 D010014 GERMANY
015 E040014 X
015 A000015 NATIONAL BANK OF GREECE
015 B000015 S
015 C010015 ATHENS
015 D010015 GREECE
015 E040015 X
015 A000016 BARCLAYS BANK PLC
015 B000016 S
015 C010016 HONG KONG
015 D010016 HONG KONG
015 E040016 X
015 A000017 STANDARD CHARTERED BANK
015 B000017 S
015 C010017 BOMBAY
015 D010017 INDIA
015 E040017 X
015 A000018 HONG KONG & SHANGHAI BANK
<PAGE> PAGE 4
015 B000018 S
015 C010018 JAKARTA
015 D010018 INDONESIA
015 E040018 X
015 A000019 BANK OF IRELAND
015 B000019 S
015 C010019 DUBLIN
015 D010019 IRELAND
015 E040019 X
015 A000020 BANK LEUMI LE-ISRAEL B.M.
015 B000020 S
015 C010020 TEL AVIV
015 D010020 ISRAEL
015 E040020 X
015 A000021 CITIBANK, N.A.
015 B000021 S
015 C010021 MILAN
015 D010021 ITALY
015 E040021 X
015 A000022 BARCLAYS TRUST AND BANKING COMPANY
015 B000022 S
015 C010022 TOKYO
015 D010022 JAPAN
015 E040022 X
015 A000023 HONG KONG AND SHANGHAI BANK
015 B000023 S
015 C010023 SEOUL
015 D010023 KOREA
015 E040023 X
015 A000024 CEDEL S.A.
015 B000024 S
015 C010024 LUXEMBOURG
015 D010024 LUXEMBOURG
015 E040024 X
015 A000025 UNITED MALAYSIAN BANKING CORPORATION
015 B000025 S
015 C010025 KUALA LUMPUR
015 D010025 MALAYSIA
015 E040025 X
015 A000026 BANCO NACIONAL DE MEXICO
015 B000026 S
015 C010026 MEXICO CITY
015 D010026 MEXICO
015 E040026 X
015 A000027 KAS-ASSOCIATIE N.V.
015 B000027 S
015 C010027 AMSTERDAM
015 D010027 NETHERLANDS
015 E040027 X
015 A000028 ANZ BANKING GROUP LIMITED
015 B000028 S
<PAGE> PAGE 5
015 C010028 WELLINGTON
015 D010028 NEW ZEALAND
015 E040028 X
015 A000029 CHRISTIANA BANK OG KREDITKASSE
015 B000029 S
015 C010029 BERGEN
015 D010029 NORWAY
015 E040029 X
015 A000030 STANDARD CHARTERED BANK
015 B000030 S
015 C010030 KARACHI
015 D010030 PAKISTAN
015 E040030 X
015 A000031 BANCO DE CREDITO DEL PERU
015 B000031 S
015 C010031 LIMA
015 D010031 PERU
015 E040031 X
015 A000032 HONG KONG AND SHANGHAI BANK
015 B000032 S
015 C010032 MANILA
015 D010032 PHILIPPINES
015 E040032 X
015 A000033 BANCO ESPIRITO SANTO E COMERCIAL DE LISBON
015 B000033 S
015 C010033 LISBON
015 D010033 PORTUGAL
015 E040033 X
015 A000034 BARCLAYS BANK PLC
015 B000034 S
015 C010034 SINGAPORE
015 D010034 SINGAPORE
015 E040034 X
015 A000035 STANDARD BANK OF SOUTH AFRICA LIMITED
015 B000035 S
015 C010035 JOHANNESBURG
015 D010035 SOUTH AFRICA
015 E040035 X
015 A000036 BANCO DE SANTANDER
015 B000036 S
015 C010036 MADRID
015 D010036 SPAIN
015 E040036 X
015 A000037 HONG KONG AND SHANGHAI BANK
015 B000037 S
015 C010037 COLOMBO
015 D010037 SRI LANKA
015 E040037 X
015 A000038 SKANDINAVISKA ENSKILDA BANKEN
015 B000038 S
015 C010038 STOCKHOLM
<PAGE> PAGE 6
015 D010038 SWEDEN
015 E040038 X
015 A000039 SWISS BANK CORPORATION
015 B000039 S
015 C010039 ZURICH
015 D010039 SWITZERLAND
015 E040039 X
015 A000040 BANGKOK BANK LIMITED
015 B000040 S
015 C010040 BANGKOK
015 D010040 THAILAND
015 E040040 X
015 A000041 YAPI VE KREDI BANKASI A.S.
015 B000041 S
015 C010041 ISTANBUL
015 D010041 TURKEY
015 E040041 X
015 A000042 BANK OF AMERICA NT & SA
015 B000042 S
015 C010042 LONDON
015 D010042 UNITED KINGDOM
015 E040042 X
015 A000043 CITIBANK, N.A.
015 B000043 S
015 C010043 CARACAS
015 D010043 VENEZUELA
015 E040043 X
015 A000044 HONG KONG & SHANGHAI BANK
015 B000044 S
015 C010044 SHENZHEN
015 D010044 CHINA
015 E040044 X
015 A000045 CITIBANK POLAND S.A.
015 B000045 S
015 C010045 WARSAW
015 D010045 POLAND
015 E040045 X
018 000000 Y
019 A000000 Y
019 B000000 184
019 C000000 FRNKTEMGRP
020 A000001 SMITH BARNEY SHEARSON
020 B000001 13-1912900
020 C000001 58
020 A000002 SEIDLER AMDEC SECURITIES INC.
020 B000002 95-2581813
020 C000002 5
020 A000003 JANNEY MONTGOMERY SCOTT INC.
020 B000003 23-0731260
020 C000003 5
020 A000004 LIBRA INVESTMENTS INC.
<PAGE> PAGE 7
020 B000004 95-4326949
020 C000004 5
020 A000005 DABNEY-RESNICK
020 B000005 95-4221398
020 C000005 3
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 76
022 A000001 LEHMAN BROTHERS SECS
022 B000001 13-2518466
022 C000001 238493
022 D000001 0
022 A000002 DAIWA SECURITIES AMERICA INC
022 B000002 13-5680329
022 C000002 163015
022 D000002 0
022 A000003 CITICORP
022 B000003 13-3187336
022 C000003 68533
022 D000003 1410
022 A000004 SMITH BARNEY SHEARSON
022 B000004 13-1912900
022 C000004 41102
022 D000004 838
022 A000005 FUJI SECURITIES INC
022 B000005 13-3038090
022 C000005 20742
022 D000005 0
022 A000006 SANWA-BGK SEC
022 B000006 13-3154528
022 C000006 15511
022 D000006 0
022 A000007 JEFFERIES & CO INC
022 B000007 95-2622900
022 C000007 7043
022 D000007 4350
022 A000008 CREDIT RESEARCH
022 B000008 06-1284702
022 C000008 0
022 D000008 5016
022 A000009 GREENWICH SEC
022 B000009 13-2697091
022 C000009 3617
022 D000009 0
022 A000010 BANK OF AMERICA NT & SA
022 B000010 94-1687665
022 C000010 0
022 D000010 3492
<PAGE> PAGE 8
023 C000000 565637
023 D000000 30666
024 000000 N
025 D000001 0
025 D000002 0
025 D000003 0
025 D000004 0
025 D000005 0
025 D000006 0
025 D000007 0
025 D000008 0
026 A000000 N
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 N
038 000000 0
045 000000 Y
046 000000 N
047 000000 Y
048 000000 0.600
048 A010000 0
048 A020000 0.000
048 B010000 0
048 B020000 0.000
048 C010000 0
048 C020000 0.000
048 D010000 0
048 D020000 0.000
048 E010000 0
048 E020000 0.000
048 F010000 0
048 F020000 0.000
048 G010000 0
048 G020000 0.000
048 H010000 0
048 H020000 0.000
048 I010000 0
048 I020000 0.000
048 J010000 0
048 J020000 0.000
048 K010000 0
048 K020000 0.000
049 000000 N
050 000000 N
051 000000 N
<PAGE> PAGE 9
052 000000 N
053 A000000 N
054 A000000 Y
054 B000000 Y
054 C000000 Y
054 D000000 N
054 E000000 N
054 F000000 N
054 G000000 Y
054 H000000 Y
054 I000000 N
054 J000000 Y
054 K000000 N
054 L000000 Y
054 M000000 Y
054 N000000 N
054 O000000 N
055 A000000 N
055 B000000 N
056 000000 N
057 000000 N
058 A000000 N
059 000000 Y
060 A000000 Y
060 B000000 Y
061 000000 1000
062 A000000 Y
062 B000000 0.0
062 C000000 0.0
062 D000000 0.3
062 E000000 0.0
062 F000000 0.0
062 G000000 0.0
062 H000000 0.0
062 I000000 0.0
062 J000000 0.0
062 K000000 0.0
062 L000000 1.0
062 M000000 35.6
062 N000000 48.5
062 O000000 0.0
062 P000000 28.6
062 Q000000 6.9
062 R000000 19.9
063 A000000 0
063 B000000 5.8
064 A000000 N
064 B000000 Y
065 000000 N
066 A000000 N
067 000000 N
<PAGE> PAGE 10
068 A000000 N
068 B000000 N
069 000000 N
070 A010000 Y
070 A020000 Y
070 B010000 Y
070 B020000 N
070 C010000 Y
070 C020000 N
070 D010000 Y
070 D020000 N
070 E010000 Y
070 E020000 N
070 F010000 Y
070 F020000 N
070 G010000 Y
070 G020000 N
070 H010000 Y
070 H020000 N
070 I010000 N
070 I020000 N
070 J010000 Y
070 J020000 Y
070 K010000 Y
070 K020000 N
070 L010000 Y
070 L020000 Y
070 M010000 Y
070 M020000 Y
070 N010000 Y
070 N020000 N
070 O010000 Y
070 O020000 Y
070 P010000 Y
070 P020000 N
070 Q010000 Y
070 Q020000 N
070 R010000 Y
070 R020000 N
071 A000000 53434
071 B000000 61393
071 C000000 228717
071 D000000 23
072 A000000 6
072 B000000 7802
072 C000000 66
072 D000000 0
072 E000000 0
072 F000000 482
072 G000000 0
072 H000000 0
<PAGE> PAGE 11
072 I000000 41
072 J000000 13
072 K000000 12
072 L000000 10
072 M000000 8
072 N000000 0
072 O000000 0
072 P000000 2169
072 Q000000 0
072 R000000 15
072 S000000 17
072 T000000 0
072 U000000 0
072 V000000 0
072 W000000 25
072 X000000 2792
072 Y000000 0
072 Z000000 5076
072AA000000 7997
072BB000000 12905
072CC010000 0
072CC020000 15256
072DD010000 5729
072DD020000 0
072EE000000 0
073 A010000 0.2850
073 A020000 0.0000
073 B000000 0.0000
073 C000000 0.0000
074 A000000 529
074 B000000 514
074 C000000 1750
074 D000000 200051
074 E000000 3602
074 F000000 29519
074 G000000 0
074 H000000 0
074 I000000 0
074 J000000 0
074 K000000 0
074 L000000 2045
074 M000000 0
074 N000000 238010
074 O000000 0
074 P000000 83
074 Q000000 0
074 R010000 69588
074 R020000 0
074 R030000 0
074 R040000 1137
074 S000000 0
<PAGE> PAGE 12
074 T000000 167202
074 U010000 20463
074 U020000 0
074 V010000 8.17
074 V020000 0.00
074 W000000 0.0000
074 X000000 3108
074 Y000000 8235
075 A000000 0
075 B000000 160522
076 000000 7.13
077 A000000 N
078 000000 N
080 C000000 0
081 B000000 0
082 B000000 0
083 B000000 0
084 B000000 0
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
087 A010000 COMMON STOCK
087 A020000 35459D103
087 A030000 FPT US
088 A000000 Y
088 B000000 N
088 C000000 N
088 D000000 Y
SIGNATURE DIOMEDES LOO-TAM
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THE SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
PRINCIPAL MATURITY TRUST MAY 31, 1995 SEMI-ANNUAL REPORT AND IS QUALIFIED IN ITS
ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1995
<PERIOD-END> MAY-31-1995
<INVESTMENTS-AT-COST> 249,285,789
<INVESTMENTS-AT-VALUE> 234,921,969
<RECEIVABLES> 2,559,113
<ASSETS-OTHER> 529,194
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 238,010,276
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 70,807,785
<TOTAL-LIABILITIES> 70,807,785
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 185,357,844
<SHARES-COMMON-STOCK> 20,462,600
<SHARES-COMMON-PRIOR> 20,462,600
<ACCUMULATED-NII-CURRENT> 1,459,500
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (5,253,764)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (14,361,089)
<NET-ASSETS> 167,202,491
<DIVIDEND-INCOME> 66,317
<INTEREST-INCOME> 7,801,850
<OTHER-INCOME> 0
<EXPENSES-NET> (2,791,771)
<NET-INVESTMENT-INCOME> 5,076,396
<REALIZED-GAINS-CURRENT> (4,908,231)
<APPREC-INCREASE-CURRENT> 15,256,014
<NET-CHANGE-FROM-OPS> 15,424,179
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (5,729,529)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 9,694,650
<ACCUMULATED-NII-PRIOR> 2,090,458
<ACCUMULATED-GAINS-PRIOR> (323,358)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> (482,005)
<INTEREST-EXPENSE> (2,168,981)
<GROSS-EXPENSE> (2,791,771)
<AVERAGE-NET-ASSETS> 160,522,201
<PER-SHARE-NAV-BEGIN> 7.70
<PER-SHARE-NII> .250
<PER-SHARE-GAIN-APPREC> .505
<PER-SHARE-DIVIDEND> (.285)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 8.17
<EXPENSE-RATIO> 3.48
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
