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 04/30/2021

Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares.
Month EndAs of 04/30/2021 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/15/1987
Fund without Sales Charge (%) (NAV) 57.57 24.25 20.53 12.79 10.82
Fund with Sales Charge (%) (POP) 57.57 24.25 20.53 12.79 10.82
ICE BofA All Alternatives U.S. Convertibles Index (%) 55.04 23.33 18.50 12.36
Quarter EndAs of 03/31/2021 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 04/15/1987
Fund without Sales Charge (%) (NAV) 72.16 22.70 20.02 12.75 10.74
Fund with Sales Charge (%) (POP) 72.16 22.70 20.02 12.75 10.74
ICE BofA All Alternatives U.S. Convertibles Index (%) 64.23 22.49 18.06 12.35

After-Tax Average Annual Total Returns [further-information] As of 04/30/2021

Month EndAs of 04/30/2021 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 53.01 21.02 17.64 10.65
Fund without Sales Charge (%) (NAV) After Shares Sold 36.05 18.09 15.45 9.55
Fund with Sales Charge (%) (POP) Before Shares Sold 53.01 21.02 17.64 10.65
Fund with Sales Charge (%) (POP) After Shares Sold 36.05 18.09 15.45 9.55
Quarter EndAs of 03/31/2021 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 67.17 19.51 17.14 10.62
Fund without Sales Charge (%) (NAV) After Shares Sold 45.04 16.89 15.07 9.54
Fund with Sales Charge (%) (POP) Before Shares Sold 67.17 19.51 17.14 10.62
Fund with Sales Charge (%) (POP) After Shares Sold 45.04 16.89 15.07 9.54

Calendar Year Returns

Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares.
2020 2019 2018 2017 2016 2015 2014 2013 2012 2011
Fund without Sales Charge (%) (NAV) 46.74 24.32 4.64 18.32 8.16 1.15 4.74 23.67
Fund with Sales Charge (%) (POP) 46.74 24.32 4.64 18.32 8.16 1.15 4.74 23.67
ICE BofA All Alternatives U.S. Convertibles Index (%) 39.37 25.86 3.45 12.61 7.22 -1.35 8.34 26.33 15.66 -5.59

Cumulative Total Returns [further-information] As of 04/30/2021

Performance data quoted represents past performance, which does not guarantee future results. Current performance may differ from figures shown. Investment return and principal value will fluctuate with market conditions, and you may have a gain or a loss when you sell your shares.
Month EndAs of 04/30/2021 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/15/1987
Fund without Sales Charge (%) (NAV) 4.06 5.12 57.57 91.82 154.39 233.13 3,204.23
Fund with Sales Charge (%) (POP) 4.06 5.12 57.57 91.82 154.39 233.13 3,204.23
ICE BofA All Alternatives U.S. Convertibles Index (%) 4.47 6.26 55.04 87.63 133.63 220.86
Quarter EndAs of 03/31/2021 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 04/15/1987
Fund without Sales Charge (%) (NAV) 1.73 1.73 72.16 84.74 149.06 232.08 3,097.89
Fund with Sales Charge (%) (POP) 1.73 1.73 72.16 84.74 149.06 232.08 3,097.89
ICE BofA All Alternatives U.S. Convertibles Index (%) 3.65 3.65 64.23 83.79 129.32 220.44

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 04/30/2021 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 17.20 13.85
Standard Deviation (ICE BofA All Alternatives U.S. Convertibles Index) 15.31 12.39 11.78
Beta 1.08 1.07
Sharpe Ratio 1.33 1.40
Information Ratio 0.19 0.49
Tracking Error 4.70 4.15

SALES CHARGE, EXPENSES & FEES As of 03/01/2021 (updated annually)

Gross Expense Ratio 0.55%
Net Expense Ratio [further-information] 0.51%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 04/30/2021 Updated Monthly, based on a 3-year period

Beta 1.08
Sharpe Ratio 1.33
Standard Deviation 17.20

Benchmarks

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

  • ICE BofA All Alternatives U.S. Convertibles Index