FROTX

About FROTX

Franklin Convertible Securities Fund Class C is a mutual fund specializing in convertible securities, which are typically bonds or preferred stocks that can be converted into common stock. The fund's primary objective is to maximize total return while managing risk by investing at least 80% of its assets in convertible securities, as well as common stock acquired through such conversions. Convertible securities offer a unique blend of fixed income and equity characteristics, providing potential for both income and capital appreciation. With over $2.8 billion in assets under management, the fund holds a diversified portfolio across various issuers and sectors, aiming to balance income generation with growth opportunities. It distributes dividends quarterly and has shown notable dividend growth in recent years. The fund is benchmarked against the ICE BofA Convertibles Total Return Alternatives Index and is rated above average in its category for performance. Its typical investor profile includes those seeking exposure to the potential upside of equities with the risk mitigation typically associated with bonds, making it a strategic asset within a diversified portfolio focused on moderate risk and return objectives.