FCSZX – Franklin Convertible Securities Adv Investment Strategy | Morningstar

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Strategy

The investment seeks to maximize total return, consistent with reasonable risk, by seeking to optimize capital appreciation and high current income under varying market conditions. The fund normally invests at least 80% of its net assets in convertible securities. It may invest up to 100% of its assets in securities that are rated below investment grade; however, the fund will not invest more than 10% of its assets in non-convertible debt securities rated below B. It may invest up to 20% of its net assets in other securities, such as common or preferred stocks and non-convertible debt securities.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FCSZX	Franklin Convertible Securities Fund Advisor Class	Institutional	Limited			May 15, 2008	$1.83B	0.570%	Low	$100,000	−$187.59M
FISCX	Franklin Convertible Securities Fund Class A	Front Load	Limited			Apr 15, 1987	$1.03B	0.820%	Low	$1,000	−$57.52M
FROTX	Franklin Convertible Securities Fund Class C	Level Load	Limited			Oct 2, 1995	$16.77M	1.570%	Low	$1,000	−$23.71M
FCSKX	Franklin Convertible Securities Fund Class R6	Retirement, Large	Limited			Mar 4, 2014	$125.85M	0.510%	Low	$1M	−$9.86M

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