• FirefoxTry Yahoo Finance on Firefox »
  •  Dow Down0.73% Nasdaq Down0.96%

    Franklin Convertible Securities A (FISCX)

    18.23 Down 0.16(0.87%) Jul 27

    Profile as of Jun 29, 2015Get Profile for:
    Franklin Convertible Securities A
    Franklin Investors Securities TrustOne Franklin ParkwaySan Mateo, CA 94403-1906
    Map
    Phone: 800-632-2301
    Fund Overview 
    Category:Convertibles
    Fund Family:Franklin Templeton Investments
    Net Assets:2.20B
    Year-to-Date Return:3.10%
    Yield:1.66%
    Morningstar Rating:2 stars
    Fund Inception Date:Apr 15, 1987
    Morningstar Style Box 
    Convertibles
    [View Category Definition]
    View Top Convertibles Funds
    About the Morningstar Style Box
    Management Information 
    Alan Muschott
    Lead Manager since Jul 1, 2002
    Mr. Schmicker has been a portfolio manager with Franklin Advisers, Inc. since 2009, providing research and advice on the purchases and sales of individual securities, and portfolio risk assessment. He joined Franklin Templeton Investments in 2007. Prior to joining Franklin Templeton Investments in 2007, he worked as an associate at Aetos Capital and as an analyst at Credit Suisse.
    Investment Information 
    Min Initial Investment:1,000
    Min Initial Investment, IRA:250
    Min Initial Investment, AIP:50
    Min Subsequent Investment:N/A
    Min Subsequent Investment, IRA:N/A
    Min Subsequent Investment, AIP:N/A
    FISCX can be purchased from 145 brokerages.

    Fund Summary 
    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 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.

    Fund Operations 
    Last Dividend (Jun 14, 2015) : 0.07
    Last Cap Gain : 0.00
    Annual Holdings Turnover (Jul 23, 2015) : 23.05%
    Average for Category:102.88%
    Fees & Expenses 
    ExpenseFISCXCategory Avg
    Annual Report Expense Ratio (net):0.88%1.20%
    Prospectus Net Expense Ratio:0.88%N/A
    Prospectus Gross Expense Ratio:0.88%N/A
    Max 12b1 Fee:0.25%N/A
    Max Front End Sales Load:5.75%4.93%
    Max Deferred Sales Load: N/A2.65%
    3 Yr Expense Projection*:838568
    5 Yr Expense Projection*:1,032824
    10 Yr Expense Projection*:1,5921,633
    * Per $10,000 invested