Fund Description

The fund seeks long-term capital appreciation by investing at least 80% of its net assets in companies of any size that have paid consistently rising dividends.

Strategy Statement

"We believe consistent and robust dividend growth is a likely marker for earnings growth, good corporate governance and a resilient business model."

Management

Nicholas Getaz, CFA

Nicholas Getaz, CFA®

  • Joined Franklin Templeton in 2011
  • Managed Fund Since 2014
Matt Quinlan

Matt Quinlan

  • Joined Franklin Templeton in 2005
  • Managed Fund Since 2019
Amritha Kasturirangan, CFA

Amritha Kasturirangan, CFA®

  • Joined Franklin Templeton in 2009
  • Managed Fund Since 2019
Nayan M Sheth, CFA

Nayan M Sheth, CFA®

  • Joined Franklin Templeton in 2014
  • Managed Fund Since 2019

Rating

Overall Morningstar Rating As of 09/30/2020

Rating Category: Large Blend

Morningstar
The fund's overall Morningstar Rating measures risk-adjusted returns and is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) rating metrics.

Historical Morningstar Rating [further-information] As of 09/30/2020

Years Ratings Funds
in category
3
3 Stars
1229
5
4 Stars
1066
10
3 Stars
819

Morningstar Style Box As of08/31/2020

Strategy, Benefits, Results

Strategy

The Fund Invests Primarily In Companies That Have:

  • Consistent dividend increases
    • At least 8 out of 10 years
    • No dividend decreases during that time
  • Substantial dividend increases
    • At least double over last 10 years
  • Reinvested earnings
    • Paid out less than 65% of current earnings in dividends (except for utility companies), and
  • Strong balance sheets
    • Long-term debt less than 50% of total capitalization (except for utility companies), or
    • Investment-grade senior debt

As a fundamental investor focusing on individual securities, the investment manager looks for companies that it believes meet the criteria above, trade below their intrinsic value and are fundamentally sound, and attempts to acquire them at attractive prices.

Benefits

  • Diversification. We invest in companies across the entire market-cap spectrum, with a variety of industries and sectors.
  • Focus on High-Quality Companies. 
  • Leverages both the research resources of Franklin Equity Group and a dedicated team focused on dividend growth investing.

Investing In The Fund

What Are the Risks?

  • All investments involve risks, including possible loss of principal.
  • Value securities may not increase in price as anticipated, or may decline further in value.
  • For stocks paying dividends, dividends are not guaranteed, and can increase, decrease or be totally eliminated without notice.
  • Smaller- and mid-sized company stocks carry special risks, including greater price volatility over the short term.
  • Smaller and mid-sized companies often have relatively small revenues, limited product lines and a small market share.
  • These and other risks are described more fully in the fund’s prospectus.

Minimum Investment

$1,000.00

How Financial Professionals Help You

Speak with your financial professional about whether this fund is appropriate for you.

Learn more from FINRA about How to Find and Work with an Investment Professional.