Fund Description

The fund’s investment goal is to maximize total return. The Fund emphasizes investing in securities with the potential to provide high current income and long-term capital appreciation, consistent with reasonable risk. The Fund normally invests at least 80% of its net assets in equity securities, with a focus on financially strong “blue chip” companies, as well as securities convertible into common stocks, and may also invest up to 20% of its net assets in debt securities.

Strategy Statement

"We believe the fund provides opportunity to participate in the growth potential of the equity market, while seeking high current income and reduced overall risk. "

Matt Quinlan, MBA

Management

Matt Quinlan, MBA

Matt Quinlan, MBA

  • Joined Franklin Templeton in 2005
  • Managed Fund Since 2011
Alan Muschott, CFA, MBA

Alan Muschott, CFA®, MBA

  • Joined Franklin Templeton in 1998
  • Managed Fund Since 2005
Todd Brighton, CFA

Todd Brighton, CFA®

  • Joined Franklin Templeton in 2000
  • Managed Fund Since 2015

Rating

Overall Morningstar Rating As of 09/30/2017

Rating Category: Large Value

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 As of 09/30/2017

Years Ratings Funds
in category
3
3 Stars
1108
5
3 Stars
962
10
3 Stars
689

Morningstar Style Box As of06/30/2017

Strategy, Benefits, Results

Strategy

  • We search for high-quality companies with strong balance sheets and a distinct industry advantage.
  • We seek larger-cap companies that have track records of paying above-average dividend yields.
  • We further diversify the fund by investing in convertible securities and fixed-income investments.

Benefits

Investing In The Fund

What Are the Risks?

  • All investments involve risks, including possible loss of principal.
  • Stock prices fluctuate, sometimes rapidly and dramatically, due to factors affecting individual companies, particular industries or sectors, or general market conditions.
  • Convertible securities are subject to the risks of stocks when the underlying stock price is high relative to the conversion price and debt securities when the underlying stock price is low relative to the conversion price.
  • The fund’s investment in foreign securities also involves special risks, including currency fluctuations and economic as well as political uncertainty.
  • These and other risks are described more fully in the fund’s prospectus.

Minimum Investment

$1,000.00

How Financial Advisors Help You

Speak to your advisor about whether this fund is appropriate for you.

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