# Franklin Convertible Securities Fund;A (FISCX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/fiscx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Franklin Templeton · Asset class: Equity - Strategy: Thematic · Inception: 1987-04-15 This fund endeavors to maximize its total return, balancing capital appreciation and robust current income while operating within acceptable risk parameters across diverse market conditions. It generally commits at least 80% of its net assets to convertible securities. While the fund has the discretion to invest up to 100% of its assets in securities rated below investment grade, it will not allocate more than 10% of its assets to non-convertible debt securities rated below B. Furthermore, up to 20% of its net assets may be deployed into other types of securities, such as common or preferre... ## Key Facts | Metric | Value | |---|---| | Price | $25.03 | | Expense Ratio | 0.82% | | Assets Under Management | $2.98B | | NAV | $25.03 | | Holdings Count | — | | Distribution Yield (TTM) | 9.46% | | Annual Distribution (TTM) | $2.37 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $22.96 – $26.98 | | Beta | 0.92 | ## Latest Distribution - Amount: $0.1252 /share - Ex-date: 2026-09-21 - Pay date: 2026-09-21 ## Frequently Asked Questions ### What does FISCX invest in? This fund endeavors to maximize its total return, balancing capital appreciation and robust current income while operating within acceptable risk parameters across diverse market conditions. It generally commits at least 80% of its net assets to convertible securities. While the fund has the discretion to invest up to 100% of its assets in securities rated below investment grade, it will not allocate more than 10% of its assets to non-convertible debt securities rated below B. Furthermore, up to 20% of its net assets may be deployed into other types of securities, such as common or preferred stocks and non-convertible debt. ### What is the expense ratio of FISCX? Franklin Convertible Securities Fund;A (FISCX) charges an expense ratio of 0.82%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is FISCX? Franklin Convertible Securities Fund;A (FISCX) manages $2.98B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is FISCX actively managed or an index fund? FISCX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was FISCX launched? Franklin Convertible Securities Fund;A (FISCX) launched in April 1987 and is managed by Franklin Templeton. ### How has FISCX performed? FISCX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does FISCX pay a dividend? Franklin Convertible Securities Fund;A (FISCX) currently distributes little or no income. Trailing-twelve-month yield is 9.46%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does FISCX pay dividends? Franklin Convertible Securities Fund;A pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is FISCX's dividend yield? FISCX's trailing-twelve-month yield is 9.46%, calculated from the sum of dividends over the past year divided by the current price. ### When is FISCX's next ex-dividend date? The most recently announced ex-dividend date for FISCX was 2026-09-21. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will FISCX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.82% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does FISCX charge its expense ratio? The expense ratio is deducted in tiny daily slices from FISCX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does FISCX cost more than a fund like VOO? FISCX's strategy (current expense ratio 0.82%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where FISCX sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to FISCX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as FISCX (0.82%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/fiscx - Distribution history: https://www.dividenddata.com/funds/fiscx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/fiscx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/fiscx/expenses - Peer comparison: https://www.dividenddata.com/funds/fiscx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.