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Trending ETFs

Franklin Convertible Securities Fund

mutual fund
FISCX
Dividend policy
Active
Price as of:
$30.65 +0.13 +0%
primary theme
Convertible Bond
FISCX (Mutual Fund)

Franklin Convertible Securities Fund

Dividend policy
Active
Price as of:
$30.65 +0.13 +0%
primary theme
Convertible Bond
FISCX (Mutual Fund)

Franklin Convertible Securities Fund

Dividend policy
Active
Price as of:
$30.65 +0.13 +0%
primary theme
Convertible Bond

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$30.65

-

0.76%

$0.23

0.84%

Vitals

YTD Return

8.3%

1 yr return

25.1%

3 Yr Avg Return

21.5%

5 Yr Avg Return

19.1%

Net Assets

$5.29 B

Holdings in Top 10

22.2%

52 WEEK LOW AND HIGH

$30.52
$26.23
$31.09

Expenses

OPERATING FEES

Expense Ratio 0.84%

SALES FEES

Front Load 5.50%

Deferred Load N/A

TRADING FEES

Turnover 32.46%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

$250


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Convertibles


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$30.65

-

0.76%

$0.23

0.84%

FISCX - Profile

Distributions

  • YTD Total Return 8.3%
  • 3 Yr Annualized Total Return 19.2%
  • 5 Yr Annualized Total Return 17.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.96%
DIVIDENDS
  • Dividend Yield 0.8%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Franklin Convertible Securities Fund
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    Apr 15, 1987
  • Shares Outstanding
    52824587
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Alan Muschott

Fund Description

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.


FISCX - Performance

Return Ranking - Trailing

Period FISCX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.3% -6.2% 10.3% 16.48%
1 Yr 25.1% 5.8% 42.3% 28.57%
3 Yr 21.5%* 7.3% 23.6% 37.80%
5 Yr 19.1%* 6.4% 20.2% 22.22%
10 Yr 14.3%* 6.9% 14.7% 8.00%

* Annualized

Return Ranking - Calendar

Period FISCX Return Category Return Low Category Return High Rank in Category (%)
2020 30.7% -4.1% 54.0% 38.55%
2019 13.9% 4.5% 24.4% 81.25%
2018 -2.5% -15.4% -2.5% 3.90%
2017 9.4% -7.8% 15.4% 52.00%
2016 2.9% 0.4% 14.2% 60.27%

Total Return Ranking - Trailing

Period FISCX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.3% -6.2% 10.3% 16.48%
1 Yr 18.2% 3.8% 38.4% 77.17%
3 Yr 19.2%* 6.5% 23.6% 47.06%
5 Yr 17.7%* 6.2% 20.2% 32.14%
10 Yr 13.7%* 6.9% 14.7% 20.00%

* Annualized

Total Return Ranking - Calendar

Period FISCX Return Category Return Low Category Return High Rank in Category (%)
2020 30.7% -4.1% 54.0% 38.55%
2019 13.9% 4.5% 24.4% 81.25%
2018 4.2% -15.4% 4.5% 2.60%
2017 18.0% 1.8% 18.4% 4.00%
2016 7.8% 0.4% 16.5% 46.58%

NAV & Total Return History


FISCX - Holdings

Concentration Analysis

FISCX Category Low Category High FISCX % Rank
Net Assets 5.29 B 26 M 6.69 B 5.81%
Number of Holdings 97 10 379 68.42%
Net Assets in Top 10 1.16 B -11.6 M 1.16 B 4.21%
Weighting of Top 10 22.23% 9.7% 100.0% 45.26%

Top 10 Holdings

  1. Franklin IFT Money Market 3.84%
  2. Hubspot Inc 0.38% 2.31%
  3. Hubspot Inc 0.38% 2.29%
  4. Zendesk Inc 0.62% 2.21%
  5. KKR & Co Inc PRF CONVERT 15/09/2023 USD 50 - Ser C 2.16%
  6. Okta Incorporation 0.12% 2.13%
  7. Broadcom Inc Broadcom Inc 8 % Mandatory Convertible Preferred Stock Ser A 2.10%
  8. Zendesk Inc 0.62% 2.10%
  9. Danaher Corp PRF CONVERT 15/04/2022 USD - Ser A 2.06%
  10. Okta Incorporation 0.12% 2.04%

Asset Allocation

Weighting Return Low Return High FISCX % Rank
Convertible Bonds
71.80% 0.41% 121.44% 72.63%
Preferred Stocks
13.07% 0.00% 26.09% 21.05%
Stocks
10.88% 0.00% 42.03% 30.53%
Cash
4.24% -56.65% 11.19% 16.84%
Other
0.00% -17.05% 1.51% 56.84%
Bonds
0.00% -26.84% 72.97% 70.53%

Stock Sector Breakdown

Weighting Return Low Return High FISCX % Rank
Utilities
58.64% 0.00% 100.00% 54.02%
Financial Services
16.72% 0.00% 92.56% 11.49%
Basic Materials
10.70% 0.00% 14.17% 11.49%
Healthcare
7.75% 0.00% 18.24% 57.47%
Technology
6.20% 0.00% 28.49% 54.02%
Real Estate
0.00% 0.00% 27.42% 54.02%
Industrials
0.00% 0.00% 100.00% 87.36%
Energy
0.00% 0.00% 15.22% 59.77%
Communication Services
0.00% 0.00% 47.36% 58.62%
Consumer Defense
0.00% 0.00% 6.96% 50.57%
Consumer Cyclical
0.00% 0.00% 39.07% 54.02%

Stock Geographic Breakdown

Weighting Return Low Return High FISCX % Rank
US
10.88% 0.00% 41.52% 29.47%
Non US
0.00% 0.00% 4.40% 69.47%

FISCX - Expenses

Operational Fees

FISCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.84% 0.20% 2.97% 74.16%
Management Fee 0.46% 0.20% 1.33% 15.29%
12b-1 Fee 0.25% 0.00% 1.00% 36.54%
Administrative Fee 0.15% 0.04% 0.15% 100.00%

Sales Fees

FISCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 0.00% 5.75% 20.00%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FISCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FISCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 32.46% 30.00% 242.00% 5.88%

FISCX - Distributions

Dividend Yield Analysis

FISCX Category Low Category High FISCX % Rank
Dividend Yield 0.76% 0.00% 0.76% 49.47%

Dividend Distribution Analysis

FISCX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Quarterly Monthly Quarterly

Net Income Ratio Analysis

FISCX Category Low Category High FISCX % Rank
Net Income Ratio 0.96% -14.00% 7.18% 58.33%

Capital Gain Distribution Analysis

FISCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

FISCX - Fund Manager Analysis

Managers

Alan Muschott


Start Date

Tenure

Tenure Rank

Jul 01, 2002

19.18

19.2%

Mr. Muschott is a vice president of Franklin Advisers, Inc. He has been with Franklin Templeton Investments since 1998. Mr. Muschott holds the Chartered Financial Analyst designation.

Eric Webster


Start Date

Tenure

Tenure Rank

Mar 01, 2016

5.5

5.5%

Eric Webster is a research analyst for Franklin Equity Group. Mr. Webster specializes in research of the housing industry, with coverage responsibilities of companies within the home building, building products, and construction materials industries as well as the Government Sponsored Enterprises (GSEs). In addition, Mr. Webster also covers waste & environmental services companies. Prior to joining Franklin Templeton Investments in 2012, Mr. Webster previously worked as an associate at LitiNomics and Charles River Associates International, where he performed economic damages and valuation analysis for clients involved in class-action securities fraud litigation, merger disputes, and intellectual property infringement cases. Mr. Webster earned a B.S. in physics and B.A. in economics from the University of California at San Diego, an M.B.A. in analytic finance and economics from the University of Chicago Booth School of Business, and is a Chartered Financial Analyst (CFA) charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.5 36.22 10.18 6.67