PRICE AND YTD RETURN As of 04/29/2016

NAV down $-0.27 $50.42
POP $53.50
YTD Total return at Nav 5.99%

AVERAGE ANNUAL TOTAL RETURNS As of Quarter end 03/31/2016

Sales Charge

1 YEAR RETURN -4.91%
5 YEAR RETURN 8.96%
10 YEAR RETURN 5.57%

KEY STATS

Investment Category Blend
Distributions Quarterly
CUSIP 353 825 102
Fund Number 158
Inception Date Jan 14, 1987
Total Net Assets (all share classes) As of 03/31/2016 $16,429.7 (M)
Distribution Rate at NAV N/A
30-Day Standardized yield

SALES CHARGE, EXPENSES, & FEES As of 02/01/2016 (updated annually)

Gross Expense Ratio 0.92%
Net Expense Ratio 0.92%
Max Initial Sales Charge 5.75%
CDSC 0.00%
12b-1 Fee 0.25%

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

"Using a rigorous, research-driven stock selection process, we only consider a company if it passes our five screens and then only buy if they are attractively priced relative to historical valuations."

Management

Donald Taylor

Donald Taylor

  • Joined Franklin Templeton in 1996
  • Managed Fund Since 1996
Nicholas Getaz, CFA, MBA

Nicholas Getaz, CFA®, MBA

  • Joined Franklin Templeton in 2011
  • Managed Fund Since 2014
Bruce Baughman

Bruce Baughman

  • Joined Franklin Templeton in 1987
  • Managed Fund Since 1987

Overall Morningstar Rating As of 03/31/2016

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 As of 03/31/2016

Years Ratings Funds
in category
3
2 Stars
1398
5
3 Stars
1225
10
3 Stars
893

Morningstar Style Box As of 12/31/2015

Strategy, Benefits, Results

Strategy

We employ a unique, disciplined approach to stock selection. Companies must meet the following criteria before stocks are considered for purchase:

  • Consistent Dividend Increases. We only consider companies that have increased their dividend in at least 8 out the last 10 years, without a decrease.
  • Substantial Dividend Increases. We look for companies that have doubled their dividend over the last 10 years.
  • Strong Balance Sheets. We invest in companies with strong financials and low levels of long-term debt.
  • Reinvested Earnings for Future Long-Term Growth. We search for companies that reinvest at least 35% of their earnings in their own future growth.
  • Attractive Price. We purchase shares that are attractively priced relative to historical valuations and stocks must have a price-to-earnings ratio (P/E) in the lower half of its range over the last 10 years or less than the current P/E ratio of stocks in the S&P 500 Index.

Benefits

  • Diversification. We invest in companies across the entire market-cap spectrum, with a variety of industries and sector.
  • A Record of Lower Volatility.
  • Value Expertise. Investors can benefit from our veteran management team with extensive value investing experience.

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.
  • 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 Advisors Help You

Speak to your financial advisor about whether this fund is appropriate for you. If you don't have a financial advisor, request a referral.

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