Franklin Equity Income Fund Class A

Frequently Asked Questions About FISEX

What does FISEX invest in?

The fund normally invests at least 80% of its net assets in equity securities, including securities convertible into common stocks. It generally invests primarily in common stocks, and the remainder of its assets in other equity-related instruments such as convertible securities, equity-linked notes (ELNs) and REITs. The fund may invest in foreign securities, but does not currently anticipate investing more than 15% of its total assets in securities of issuers domiciled outside the United States.

What is the expense ratio of FISEX?

Franklin Equity Income Fund Class A (FISEX) charges an expense ratio of 0.80%. This is the annual fee deducted from fund assets to cover management and operations.

What is FISEX's dividend yield?

FISEX's trailing-twelve-month yield is 8.60%, calculated from the sum of dividends over the past year divided by the current price.

How big is FISEX?

Franklin Equity Income Fund Class A (FISEX) manages $4.93B 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 FISEX actively managed or an index fund?

FISEX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was FISEX launched?

Franklin Equity Income Fund Class A (FISEX) launched in March 1988 and is managed by Franklin Templeton.