Franklin Convertible Securities (FROTX)

Fund Fact Sheet 12-31-09 09-30-09 06-30-2009 03-31-2009 Prospectus Fact Sheet Explanation

Fund Summary The investment seeks to maximize total return, consistent with reasonable risk. The fund normally invests at least 80% of net assets in convertible securities (and common stock received upon conversion of convertible securities). It may not invest more than 10% of assets in securities rated below B or in unrated securities of comparable quality.

Fund Management Alan Muschott, Lead Manager since 01-Jul-02
Muschott is a vice president of Franklin Advisers, Inc. He has been with Franklin Templeton Investments since 1998. Muschott holds the Chartered Financial Analyst designation.