Franklin Convertible Securities Fund

This fund or share class has been closed to new investors.

This fund or share class has been closed to new investors.

Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/15/1987
Fund without Sales Charge (%) (NAV) 17.30 14.64 11.39 11.11 9.65
Fund with Sales Charge (%) (POP) 10.84 12.50 10.13 10.48 9.47
ICE BofAML All Alternatives U.S. Convertibles Index (%) 16.01 12.38 8.66 11.11
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/15/1987
Fund without Sales Charge (%) (NAV) -5.80 7.44 6.88 8.53 8.94
Fund with Sales Charge (%) (POP) -11.00 5.43 5.68 7.92 8.76
ICE BofAML All Alternatives U.S. Convertibles Index (%) -0.81 7.08 5.88 9.21

After-Tax Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 14.26 12.00 9.11 9.30
Fund without Sales Charge (%) (NAV) After Shares Sold 10.95 10.50 8.08 8.32
Fund with Sales Charge (%) (POP) Before Shares Sold 7.97 9.90 7.88 8.69
Fund with Sales Charge (%) (POP) After Shares Sold 7.09 8.80 7.07 7.77
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -8.25 4.96 4.70 6.77
Fund without Sales Charge (%) (NAV) After Shares Sold -2.35 5.20 4.70 6.26
Fund with Sales Charge (%) (POP) Before Shares Sold -13.30 3.00 3.52 6.17
Fund with Sales Charge (%) (POP) After Shares Sold -5.49 3.64 3.78 5.75

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 23.88 4.26 17.94 7.74 0.77 4.34 23.20 13.39 -5.58 20.50
Fund with Sales Charge (%) (POP) 17.04 -1.46 11.14 1.52 -5.04 -1.65 16.11 6.87 -11.01 13.58
ICE BofAML All Alternatives U.S. Convertibles Index (%) 25.86 3.45 12.61 7.22 -1.35 8.34 26.33 15.66 -5.59 26.61

Cumulative Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/15/1987
Fund without Sales Charge (%) (NAV) 9.78 8.92 17.30 50.68 71.48 186.79 2,017.50
Fund with Sales Charge (%) (POP) 3.74 2.93 10.84 42.37 62.02 171.01 1,901.89
ICE BofAML All Alternatives U.S. Convertibles Index (%) 2.63 2.68 16.01 41.94 51.48 186.87
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/15/1987
Fund without Sales Charge (%) (NAV) -13.38 -13.38 -5.80 24.03 39.49 126.75 1,584.07
Fund with Sales Charge (%) (POP) -18.14 -18.14 -11.00 17.20 31.83 114.34 1,492.12
ICE BofAML All Alternatives U.S. Convertibles Index (%) -12.04 -12.04 -0.81 22.78 33.06 141.41

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 15.81 13.39 11.98
Standard Deviation (ICE BofAML All Alternatives U.S. Convertibles Index) 13.39 11.73 11.42
Beta 1.14 1.09 1.00
Sharpe Ratio 0.95 0.89 0.96
Information Ratio 0.71 0.78 0.07
Tracking Error 4.61 4.00 3.51

SALES CHARGE, EXPENSES & FEES As of 03/01/2020 (updated annually)

Gross Expense Ratio 0.86%
Net Expense Ratio [further-information] 0.84%
Max Initial Sales Charge 5.50%
CDSC 1.00%

Volatility Measures [further-information] As of 06/30/2020 Updated Monthly, based on a 3-year period

Beta 1.14
Sharpe Ratio 0.95
Standard Deviation 15.81

Benchmarks

A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.

  • ICE BofAML All Alternatives U.S. Convertibles Index