Franklin Convertible Securities Fund Class C (FROTX)
| Fund Assets | 3.01B |
| Expense Ratio | 1.58% |
| Min. Investment | $1,000 |
| Turnover | 30.12% |
| Dividend (ttm) | 2.18 |
| Dividend Yield | 9.29% |
| Dividend Growth | 172.43% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 22, 2025 |
| Previous Close | 23.27 |
| YTD Return | 1.69% |
| 1-Year Return | 11.30% |
| 5-Year Return | 16.90% |
| 52-Week Low | 18.57 |
| 52-Week High | 23.83 |
| Beta (5Y) | 0.61 |
| Holdings | 77 |
| Inception Date | Oct 2, 1995 |
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.
Performance
FROTX had a total return of 11.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.80%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FIQVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class Z | 0.55% |
| FTCVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class M | 1.19% |
| FCCVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class C | 1.71% |
| FICVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class I | 0.68% |
| FACVX | Fidelity | Fidelity Advisor Convertible Securities Fund - Class A | 0.94% |
Top 10 Holdings
22.55% of assets| Name | Symbol | Weight |
|---|---|---|
| Bridgebio Pharma Inc 1.75% | BBIO.1.75 03.01.31 | 2.72% |
| PTC Therapeutics, Inc. 1.5% | PTCT.1.5 09.15.26 | 2.41% |
| Welltower OP LLC 3.125% | WELL.3.125 07.15.29 | 2.40% |
| Hewlett Packard Enterprise Co 7.625% PRF CONVERT 01/09/2027 USD 50 - Ser C | HPE.7.625 09.01.27 | 2.30% |
| Lyft Inc 0.625% | LYFT.0.625 03.01.29 | 2.21% |
| Wayfair Inc 3.25% | W.3.25 09.15.27 | 2.21% |
| Albemarle Corp PRF PERPETUAL USD 1000 - Ser A 1/20th Pref St | ALB.7.25 03.01.27 | 2.13% |
| Burlington Stores Inc. 1.25% | BURL.1.25 12.15.27 | 2.12% |
| Apollo Asset Management, Inc. 6.75% PRF CONVERT 31/07/2026 USD 50 - Ser A | APO.6.75 07.31.26 | 2.07% |
| Cloudflare Inc 0% | NET.0 08.15.26 | 1.99% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 22, 2025 | $2.0573 | Dec 22, 2025 |
| Sep 22, 2025 | $0.0408 | Sep 22, 2025 |
| Jun 20, 2025 | $0.0437 | Jun 20, 2025 |
| Mar 20, 2025 | $0.0349 | Mar 20, 2025 |
| Dec 20, 2024 | $0.7479 | Dec 20, 2024 |
| Sep 20, 2024 | $0.0348 | Sep 20, 2024 |