PRICE AND YTD RETURN As of 05/04/2016

NAV down $-0.07 $11.30
POP $11.99
YTD Total return at Nav 3.39%

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

Sales Charge

1 YEAR RETURN -6.78%
5 YEAR RETURN 5.27%
Since inception Inception: 07/03/2006 5.07%

KEY STATS

Investment Category Balanced / Hybrid
Distributions Monthly
CUSIP 353 612 682
Fund Number 424
Inception Date Jul 03, 2006
Total Net Assets (all share classes) As of 04/30/2016 $3,199.4 (M)
Distribution Rate at NAV As of 05/04/2016 3.19%
30-Day Standardized yield As of 03/31/2016 (updated monthly)
w/ Waiver 2.26%
w/o Waiver 2.24%

SALES CHARGE, EXPENSES, & FEES As of 03/01/2016 (updated annually)

Gross Expense Ratio 1.04%
Net Expense Ratio 1.03%
Max Initial Sales Charge 5.75%
CDSC 0.00%
12b-1 Fee 0.25%

Fund Description

Under normal market conditions, the fund will invest in a diversified portfolio of common stocks (substantially dividend paying), convertible securities, and investment grade fixed income securities.

Strategy Statement

"By combining the growth potential of stocks with the income exposure of bonds, we believe the fund could be attractive as a solid core holding in an investor's portfolio."

Edward D. Perks, CFA®

Management

Edward D. Perks, CFA

Edward D. Perks, CFA®

  • Joined Franklin Templeton in 1992
  • Managed Fund Since 2006
Brent Loder, MBA

Brent Loder, MBA

  • Joined Franklin Templeton in 2005
  • Managed Fund Since 2011
Blair Schmicker, CFA, MBA

Blair Schmicker, CFA®, MBA

  • Joined Franklin Templeton in 2006
  • Managed Fund Since 2011
Alan Muschott, CFA, MBA

Alan Muschott, CFA®, MBA

  • Joined Franklin Templeton in 1998
  • Managed Fund Since 2006
Shawn Lyons, CFA

Shawn Lyons, CFA®

  • Joined Franklin Templeton in 1996
  • Managed Fund Since 2006

Overall Morningstar Rating As of 03/31/2016

Rating Category: Moderate Allocation

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
856
5
3 Stars
744
10
Stars

Morningstar Style Box As of 12/31/2015

Strategy, Benefits, Results

Strategy

  • Diversify Holdings. We aim to create a diversified portfolio of stocks, fixed income securities and convertible securities.
  • Research and Evaluate. We conduct a bottom-up assessment of a company's security price relative to our evaluation of its long-term earnings and cash flow potential, asset value and profit margins.
  • Find the Right Mix. We actively seek an optimal mix of equity and fixed income investments by evaluating changing economic, market and industry conditions.

Benefits

  • Experienced management team culled from both Franklin Equity Group and Franklin Templeton Fixed Income Group®.
  • Broad diversification spread across multiple asset classes.

Investing In The Fund

What Are the Risks?
  • All investments involve risks, including possible loss of principal.
  • The fund’s share price and yield will be affected by interest rate movements.
  • Bond prices generally move in the opposite direction of interest rates. As the prices of bonds in the fund adjust to a rise in interest rates, the fund’s share price may decline.
  • Stock prices fluctuate, sometimes rapidly and dramatically, due to factors affecting individual companies, particular industries or sectors, or general market conditions.
  • These and other risk considerations are described more fully in the 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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