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 10/31/2019

Month EndAs of 10/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 04/15/1987
Fund without Sales Charge (%) (NAV) 14.18 13.51 9.49 11.21 9.46
Fund with Sales Charge (%) (POP) 14.18 13.51 9.49 11.21 9.46
ICE BofAML All Alternatives U.S. Convertibles Index (%) 14.66 12.39 8.02 11.82
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since Inception Inception 04/15/1987
Fund without Sales Charge (%) (NAV) 6.59 12.81 9.68 10.95 9.48
Fund with Sales Charge (%) (POP) 6.59 12.81 9.68 10.95 9.48
ICE BofAML All Alternatives U.S. Convertibles Index (%) 7.74 11.02 8.13 11.40

After-Tax Average Annual Total Returns [further-information] As of 10/31/2019

Month EndAs of 10/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 11.87 11.19 7.35 9.48
Fund without Sales Charge (%) (NAV) After Shares Sold 8.70 9.64 6.59 8.44
Fund with Sales Charge (%) (POP) Before Shares Sold 11.87 11.19 7.35 9.48
Fund with Sales Charge (%) (POP) After Shares Sold 8.70 9.64 6.59 8.44
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 4.43 10.51 7.53 9.23
Fund without Sales Charge (%) (NAV) After Shares Sold 4.19 9.09 6.74 8.22
Fund with Sales Charge (%) (POP) Before Shares Sold 4.43 10.51 7.53 9.23
Fund with Sales Charge (%) (POP) After Shares Sold 4.19 9.09 6.74 8.22

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) 4.56 18.24 7.96 1.03 4.62 23.50 13.60 -5.27 20.70 50.18
Fund with Sales Charge (%) (POP) 4.56 18.24 7.96 1.03 4.62 23.50 13.60 -5.27 20.70 50.18
ICE BofAML All Alternatives U.S. Convertibles Index (%) 3.45 12.61 7.22 -1.35 8.34 26.33 15.66 -5.59 26.61 56.76

Cumulative Total Returns [further-information] As of 10/31/2019

Month EndAs of 10/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/15/1987
Fund without Sales Charge (%) (NAV) -3.51 17.66 14.18 46.23 57.36 189.24 1,797.61
Fund with Sales Charge (%) (POP) -3.51 17.66 14.18 46.23 57.36 189.24 1,797.61
ICE BofAML All Alternatives U.S. Convertibles Index (%) -0.95 18.37 14.66 41.95 47.07 205.65
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/15/1987
Fund without Sales Charge (%) (NAV) -2.51 17.34 6.59 43.55 58.69 182.71 1,792.47
Fund with Sales Charge (%) (POP) -2.51 17.34 6.59 43.55 58.69 182.71 1,792.47
ICE BofAML All Alternatives U.S. Convertibles Index (%) 0.00 16.88 7.74 36.81 47.82 194.22

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 10/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 9.59 9.35 10.15
Standard Deviation (ICE BofAML All Alternatives U.S. Convertibles Index) 8.54 8.79 10.54
Beta 1.06 1.01 0.92
Sharpe Ratio 1.25 0.91 1.05
Information Ratio 0.34 0.50 -0.21
Tracking Error 3.31 2.94 2.93

SALES CHARGE, EXPENSES & FEES As of 03/01/2019 (updated annually)

Gross Expense Ratio 0.62%
Net Expense Ratio [further-information] 0.60%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 10/31/2019 Updated Monthly, based on a 3-year period

Beta 1.06
Sharpe Ratio 1.25
Standard Deviation 9.59

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