Franklin Real Estate Securities Fund

Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 01/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 01/03/1994
Fund without Sales Charge (%) (NAV) 16.62 8.44 5.45 12.30 9.10
Fund with Sales Charge (%) (POP) 16.62 8.44 5.45 12.30 9.10
Linked MSCI US IMI Real Estate 25/50/ S&P US Property Index (%) 14.34 8.76 5.94 12.59 9.98
MSCI US IMI Real Estate 25/50 Index (%) 16.82 10.72
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 01/03/1994
Fund without Sales Charge (%) (NAV) 27.48 7.60 6.38 11.40 9.06
Fund with Sales Charge (%) (POP) 27.48 7.60 6.38 11.40 9.06
Linked MSCI US IMI Real Estate 25/50/ S&P US Property Index (%) 26.32 8.20 7.05 11.84 9.97
MSCI US IMI Real Estate 25/50 Index (%) 29.03 10.32

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 27.48 -6.19 4.17 5.06 4.10 30.45 2.41 16.17 9.50 27.13
Fund with Sales Charge (%) (POP) 27.48 -6.19 4.17 5.06 4.10 30.45 2.41 16.17 9.50 27.13
Linked MSCI US IMI Real Estate 25/50/ S&P US Property Index (%) 26.32 -3.92 4.35 8.44 2.36 29.60 2.84 18.36 7.92 27.93
MSCI US IMI Real Estate 25/50 Index (%) 29.03 -4.59 9.05 1.62 26.34 3.57 20.09 6.45 27.64

Cumulative Total Returns [further-information] As of 12/31/2019

Month EndAs of 01/31/2020 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 01/03/1994
Fund without Sales Charge (%) (NAV) 1.82 16.62 27.53 30.40 218.91 869.31
Fund with Sales Charge (%) (POP) 1.82 16.62 27.53 30.40 218.91 869.31
Linked MSCI US IMI Real Estate 25/50/ S&P US Property Index (%) 1.18 14.34 28.64 33.43 227.32 1,095.89
MSCI US IMI Real Estate 25/50 Index (%) 1.18 16.82 35.71
Quarter EndAs of 12/31/2019 YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 01/03/1994
Fund without Sales Charge (%) (NAV) 27.48 27.48 24.59 36.27 194.42 852.02
Fund with Sales Charge (%) (POP) 27.48 27.48 24.59 36.27 194.42 852.02
Linked MSCI US IMI Real Estate 25/50/ S&P US Property Index (%) 26.32 26.32 26.64 40.57 206.14 1,081.91
MSCI US IMI Real Estate 25/50 Index (%) 29.03 29.03 34.24

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 01/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 12.05 5.45 3.16 10.81
Fund without Sales Charge (%) (NAV) After Shares Sold 12.27 5.96 3.63 9.76
Fund with Sales Charge (%) (POP) Before Shares Sold 12.05 5.45 3.16 10.81
Fund with Sales Charge (%) (POP) After Shares Sold 12.27 5.96 3.63 9.76
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 22.49 4.63 4.08 9.93
Fund without Sales Charge (%) (NAV) After Shares Sold 19.03 5.34 4.39 8.99
Fund with Sales Charge (%) (POP) Before Shares Sold 22.49 4.63 4.08 9.93
Fund with Sales Charge (%) (POP) After Shares Sold 19.03 5.34 4.39 8.99

SALES CHARGE, EXPENSES & FEES As of 09/01/2019 (updated annually)

Gross Expense Ratio 0.75%
Net Expense Ratio [further-information] 0.75%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 01/31/2020 Updated Monthly, based on a 3-year period

Beta 0.96
Alpha -0.60
Sharpe Ratio 0.58
R-Squared 0.98
Standard Deviation 11.67

Benchmarks

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

  • Linked MSCI US IMI Real Estate 25/50/ S&P US Property Index
  • MSCI US IMI Real Estate 25/50 Index