Franklin Investors Securities Trust
09/26/2024 | Press release | Distributed by Public on 09/26/2024 07:27
Prospectus by Investment Company - Form 497
814 P1 09/24
FRANKLIN INVESTORS SECURITIES TRUST
SUPPLEMENT DATED SEPTEMBER 26, 2024
TO THE SUMMARY PROSPECTUS, PROSPECTUS AND
STATEMENT OF ADDITIONAL INFORMATION ("SAI"),
EACH DATED MARCH 1, 2024, OF
FRANKLIN LONG DURATION CREDIT FUND (THE "FUND")
Effective September 30, 2024, the following changes are made to the Fund's Summary Prospectus, Prospectus and SAI:
1.The following is added to the section titled "Fund Summary - Portfolio Managers" in the Fund's Summary Prospectus and Prospectus:
Andrew C. Benson
Portfolio Manager of Advisers and portfolio manager of the Fund since September 2024.
2.The following is added to the section titled "Fund Details - Management" in the Fund's Prospectus:
Andrew C. Benson Portfolio Managerof Advisers
Mr. Benson has been a portfolio manager of the Fund since September 2024. He joined Franklin Templeton in 2024. Prior to joining Franklin Templeton, Mr. Benson was a portfolio manager for Putnam Investment Management, LLC.
3.The following is added to the section titled "Management and Other Services - Portfolio managers"in the Fund's SAI:
|
Name |
Type of |
Number of Accounts Managed |
Total Assets Managed (x $1 million) |
Number of Accounts Managed for which Advisory Fee is Performance-Based |
Assets Managed for which Advisory Fee is Performance-Based (x $1 million) |
|
Andrew C. Benson* |
Registered Investment Companies |
14 |
13,950.2 |
2 |
1,867.1 |
|
Other Pooled Investment Vehicles |
15 |
7,628.1 |
None |
None |
|
|
Other Accounts |
4 |
17,688.3 |
None |
None |
*Information is provided as of August 31, 2024.
4.The following is added to the section titled "Management and Other Services - Portfolio managers - Ownership of Fund shares" in the Fund's SAI:
|
Portfolio Manager |
Dollar Range of Fund Shares Beneficially Owned |
|
Andrew C. Benson* |
None |
|
*Information is provided as of August 31, 2024 |
Please retain this supplement for future reference.