As filed with the Securities and Exchange Commission on February 5, 2013
File Nos.
033-09994
811-04894
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N- 1A
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
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Pre-Effective Amendment No. |
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Post-Effective Amendment No. |
39 |
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REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940
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Amendment No. |
40 |
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FRANKLIN MANAGED TRUST |
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(Exact Name of Registrant as Specified in Charter) |
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ONE FRANKLIN PARKWAY, SAN MATEO, CA 94403-1906 |
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(Address of Principal Executive Offices) (Zip Code) |
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Registrant's Telephone Number, Including Area Code (650) 312-2000 |
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CRAIG S. TYLE, ONE FRANKLIN PARKWAY, SAN MATEO, CA 94403-1906 |
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(Name and Address of Agent for Service of Process) |
Approximate Date of Proposed Public Offering:
It is proposed that this filing will become effective (check appropriate box)
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immediately upon filing pursuant to paragraph (b) |
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on [date] pursuant to paragraph (b) |
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60 days after filing pursuant to paragraph (a)(1) |
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on [date] pursuant to paragraph (a)(1) |
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75 days after filing pursuant to paragraph (a)(2) |
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on (date) pursuant to paragraph (a)(2) of rule 485 |
If appropriate, check the following box:
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This post-effective amendment designates a new effective date for a previously filed post-effective amendment |
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940,as amended, the Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933, as amended, and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized in the City of San Mateo and the State of California, on the 4th day of February, 2013.
FRANKLIN MANAGED TRUST
(Registrant)
By: /s/ Steven J. Gray
Steven J. Gray
Vice President and Secretary
Pursuant to the requirements of the Securities Act of 1933, as amended, this
Registration Statement has been signed below by the following persons in the capacities and on the dates indicated:
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William J. Lippman* William J. Lippman |
Chief Executive Officer-Investment Management and Trustee Dated: February 4, 2013 |
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Laura F. Fergerson* Laura F. Fergerson |
Chief Executive Officer-Finance and Administration Dated: February 4, 2013 |
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Robert G. Kubilis* Robert G. Kubilis |
Chief Financial Officer and Chief Accounting Officer Dated: February 4, 2013 |
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Frank T. Crohn* Frank T. Crohn |
Trustee Dated: February 4, 2013 |
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Burton J. Greenwald* |
Trustee |
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Burton J. Greenwald |
Dated: February 4, 2013 |
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David Niemiec* David Niemiec |
Trustee Dated: February 4, 2013 |
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Charles Rubens, II* Charles Rubens, II |
Trustee Dated: February 4, 2012 |
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Robert E. Wade* |
Trustee |
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Robert E. Wade |
Dated: February 4, 2013 |
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Gregory H. Williams* Gregory H. Williams |
Trustee Dated: February 4, 2013 |
*By: /s/ Steven J. Gray
Steven J. Gray, Attorney-in-Fact
(Pursuant to Power of Attorney previously filed)
| Label | Element | Value | |||||||
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| Risk/Return: | rr_RiskReturnAbstract | ||||||||
| Document Type | dei_DocumentType | 485BPOS | |||||||
| Document Period End Date | dei_DocumentPeriodEndDate | Sep. 30, 2012 | |||||||
| Registrant Name | dei_EntityRegistrantName | FRANKLIN MANAGED TRUST | |||||||
| Central Index Key | dei_EntityCentralIndexKey | 0000805650 | |||||||
| Amendment Flag | dei_AmendmentFlag | false | |||||||
| Document Creation Date | dei_DocumentCreationDate | Jan. 28, 2013 | |||||||
| Document Effective Date | dei_DocumentEffectiveDate | Feb. 01, 2013 | |||||||
| Prospectus Date | rr_ProspectusDate | Feb. 01, 2013 | |||||||
| Risk/Return [Heading] | rr_RiskReturnHeading | Fund Summary | |||||||
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Franklin Rising Dividends Fund
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| Risk/Return: | rr_RiskReturnAbstract | ||||||||
| Objective [Heading] | rr_ObjectiveHeading | Investment Goal | |||||||
| Objective, Primary [Text Block] | rr_ObjectivePrimaryTextBlock | Long-term capital appreciation. Preservation of capital, while not a goal, is also an important consideration. | |||||||
| Expense [Heading] | rr_ExpenseHeading | Fees and Expenses of the Fund | |||||||
| Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | These tables describe the fees and expenses that you may pay if you buy and hold shares of the Fund. You may qualify for sales charge discounts in Class A if you and your family invest, or agree to invest in the future, at least $50,000 in Franklin Templeton funds. More information about these and other discounts is available from your financial professional and under “Your Account” on page 27 in the Fund's Prospectus and under “Buying and Selling Shares” on page 34 of the Fund’s Statement of Additional Information. | |||||||
| Shareholder Fees Caption [Text] | rr_ShareholderFeesCaption | SHAREHOLDER FEES (fees paid directly from your investment) | |||||||
| Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | ANNUAL FUND OPERATING EXPENSES (expenses that you pay each year as a percentage of the value of your investment) |
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| Portfolio Turnover [Heading] | rr_PortfolioTurnoverHeading | Portfolio Turnover | |||||||
| Portfolio Turnover [Text Block] | rr_PortfolioTurnoverTextBlock | The Fund pays transaction costs, such as commissions, when it buys and sells securities (or "turns over" its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in annual Fund operating expenses or in the example, affect the Fund's performance. During the most recent fiscal year, the Fund's portfolio turnover rate was 2.77% of the average value of its portfolio. |
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| Portfolio Turnover, Rate | rr_PortfolioTurnoverRate | 2.77% | |||||||
| Expense Breakpoint Discounts [Text] | rr_ExpenseBreakpointDiscounts | You may qualify for sales charge discounts in Class A if you and your family invest, or agree to invest in the future, at least $50,000 in Franklin Templeton funds. | |||||||
| Expense Breakpoint, Minimum Investment Required [Amount] | rr_ExpenseBreakpointMinimumInvestmentRequiredAmount | 50,000 | |||||||
| Expense Example [Heading] | rr_ExpenseExampleHeading | Example | |||||||
| Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | This Example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The Example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of the period. The Example also assumes that your investment has a 5% return each year and that the Fund's operating expenses remain the same. The Example reflects adjustments made to the Fund's operating expenses due to the fee waiver and/or expense reimbursement by the investment manager and/or administrator for the 1 Year numbers only. Although your actual costs may be higher or lower, based on these assumptions your costs would be: | |||||||
| Expense Example, No Redemption, By Year, Caption [Text] | rr_ExpenseExampleNoRedemptionByYearCaption | If you do not sell your shares: | |||||||
| Strategy [Heading] | rr_StrategyHeading | Principal Investment Strategies | |||||||
| Strategy Narrative [Text Block] | rr_StrategyNarrativeTextBlock | Under normal market conditions, the Fund invests at least 80% of its net assets in investments of companies that have paid consistently rising dividends. The Fund invests predominantly in equity securities, primarily common stock. Companies that have paid consistently rising dividends include those companies that currently pay dividends on their common stocks and have maintained or increased their dividend rate during the last four consecutive years. Under normal market conditions, the Fund invests at least 65% of its net assets in securities of companies that have: consistently increased dividends in at least 8 out of the last 10 years and have not decreased dividends during that time; increased dividends substantially (at least 100%) over the last 10 years; reinvested earnings, paying out less than 65% of current earnings in dividends (except for utility companies); either long-term debt that is no more than 50% of total capitalization (except for utility companies) or senior debt that has been rated investment grade by at least one of the major bond rating organizations; and attractive prices, either: (1) in the lower half of the stock's price/earnings ratio range for the past 10 years; or (2) less than price/earnings ratio of the Standard & Poor's® 500 Stock Index (this criterion applies only at the time of purchase). The Fund typically invests the rest of its assets in equity securities of companies that pay dividends but do not meet all of these criteria. The Fund may invest in companies of any size, across the entire market spectrum including smaller and midsize companies. Although the investment manager searches for investments that it believes to meet the criteria across all sectors, from time to time, based on economic conditions, the Fund may have significant positions in particular sectors. The investment manager is a research driven, fundamental investor. As a "bottom-up" investor focusing primarily on individual securities, the investment manager looks for companies that it believes meet the criteria above and are fundamentally sound and attempts to acquire them at attractive prices. In following these criteria, the Fund does not necessarily focus on companies whose securities pay a high dividend rate but rather on companies that consistently increase their dividends. The Fund may invest up to 25% of its total assets in foreign securities. |
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| Risk [Heading] | rr_RiskHeading | Principal Risks | |||||||
| Risk Narrative [Text Block] | rr_RiskNarrativeTextBlock | You could lose money by investing in the Fund. Mutual fund shares are not deposits or obligations of, or guaranteed or endorsed by, any bank, and are not insured by the Federal Deposit Insurance Corporation, the Federal Reserve Board, or any other agency of the U.S. government. Market The market values of securities owned by the Fund will go up or down, sometimes rapidly or unpredictably. A securitys market value may be reduced by market activity or other results of supply and demand unrelated to the issuer. This is a basic risk associated with all securities. When there are more sellers than buyers, prices tend to fall. Likewise, when there are more buyers than sellers, prices tend to rise. Individual stock prices tend to go up and down more dramatically than those of other types of investments. A slower-growth or recessionary economic environment could have an adverse effect on the prices of the various stocks held by the Fund. Dividend-Oriented Companies Companies that have historically paid regular dividends to shareholders may decrease or eliminate dividend payments in the future. A decrease in dividend payments by an issuer may result in a decrease in the value of the issuer's stock and less available income for the portfolio. Smaller and Midsize Companies Securities issued by smaller and midsize companies may be more volatile in price than those of larger companies, involve substantial risks and should be considered speculative. Such risks may include greater sensitivity to economic conditions, less certain growth prospects, lack of depth of management and funds for growth and development and limited or less developed product lines and markets. In addition, smaller and midsize companies may be particularly affected by interest rate increases, as they may find it more difficult to borrow money to continue or expand operations, or may have difficulty in repaying any loans. Focus To the extent that the Fund focuses on particular countries, regions, industries, sectors or types of investment from time to time, the Fund may be subject to greater risks of adverse developments in such areas of focus than a fund that invests in a wider variety of countries, regions, industries, sectors or investments. Foreign Securities Investing in foreign securities typically involves more risks than investing in U.S. securities, including risks related to currency exchange rates and policies, country or government specific issues, less favorable trading practices or regulation and greater price volatility. Certain of these risks also may apply to securities of U.S. companies with significant foreign operations. Management The Fund is subject to management risk because it is an actively managed investment portfolio. The Fund's investment manager applies investment techniques and risk analyses in making investment decisions for the Fund, but there can be no guarantee that these decisions will produce the desired results. |
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| Bar Chart and Performance Table [Heading] | rr_BarChartAndPerformanceTableHeading | Performance | |||||||
| Performance Narrative [Text Block] | rr_PerformanceNarrativeTextBlock | The following bar chart and table provide some indication of the risks of investing in the Fund. The bar chart shows changes in the Fund's performance from year to year for Class A shares. The table shows how the Fund's average annual returns for 1 year, 5 years, 10 years or since inception, as applicable, compared with those of a broad measure of market performance. The Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. You can obtain updated performance information at franklintempleton.com or by calling (800) DIAL BEN/342-5236. Sales charges are not reflected in the bar chart, and if those charges were included, returns would be less than those shown. |
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| Performance Information Illustrates Variability of Returns [Text] | rr_PerformanceInformationIllustratesVariabilityOfReturns | The following bar chart and table provide some indication of the risks of investing in the Fund. The bar chart shows changes in the Fund's performance from year to year for Class A shares. The table shows how the Fund's average annual returns for 1 year, 5 years, 10 years or since inception, as applicable, compared with those of a broad measure of market performance. | |||||||
| Performance Availability Phone [Text] | rr_PerformanceAvailabilityPhone | (800) DIAL BEN/342-5236 | |||||||
| Performance Availability Website Address [Text] | rr_PerformanceAvailabilityWebSiteAddress | franklintempleton.com | |||||||
| Performance Past Does Not Indicate Future [Text] | rr_PerformancePastDoesNotIndicateFuture | The Fund's past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. | |||||||
| Bar Chart [Heading] | rr_BarChartHeading | CLASS A ANNUAL TOTAL RETURNS | |||||||
| Bar Chart Does Not Reflect Sales Loads [Text] | rr_BarChartDoesNotReflectSalesLoads | Sales charges are not reflected in the bar chart, and if those charges were included, returns would be less than those shown. | |||||||
| Bar Chart Closing [Text Block] | rr_BarChartClosingTextBlock |
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| Performance Table Heading | rr_PerformanceTableHeading | AVERAGE ANNUAL TOTAL RETURNS For the periods ended December 31, 2012 |
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| Performance Table Closing [Text Block] | rr_PerformanceTableClosingTextBlock | Historical performance for Advisor Class shares prior to its inception is based on the performance of Class A shares. Such Advisor Class performance has been adjusted to reflect differences in sales charges between classes. The after-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor's tax situation and may differ from those shown. After-tax returns are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts. After-tax returns are shown only for Class A and after-tax returns for other classes will vary. |
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Franklin Rising Dividends Fund | S&P 500® Index
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| Risk/Return: | rr_RiskReturnAbstract | ||||||||
| 1 Year | rr_AverageAnnualReturnYear01 | 16.00% | |||||||
| 5 Years | rr_AverageAnnualReturnYear05 | 1.66% | |||||||
| 10 Years | rr_AverageAnnualReturnYear10 | 7.10% | |||||||
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Franklin Rising Dividends Fund | Class A
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| Risk/Return: | rr_RiskReturnAbstract | ||||||||
| Maximum Cumulative Sales Charge (as a percentage of Offering Price) | rr_MaximumCumulativeSalesChargeOverOfferingPrice | 5.75% | |||||||
| Maximum Deferred Sales Charge (as a percentage of Offering Price) | rr_MaximumDeferredSalesChargeOverOfferingPrice | none | |||||||
| Management Fees (as a percentage of Assets) | rr_ManagementFeesOverAssets | 0.53% | |||||||
| Distribution and Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | |||||||
| Other Expenses (as a percentage of Assets): | rr_OtherExpensesOverAssets | 0.19% | |||||||
| Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 0.01% | |||||||
| Expenses (as a percentage of Assets) | rr_ExpensesOverAssets | 0.98% | |||||||
| Fee Waiver or Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.01%) | [1] | ||||||
| Net Expenses (as a percentage of Assets) | rr_NetExpensesOverAssets | 0.97% | [2] | ||||||
| Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | 668 | |||||||
| Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 868 | |||||||
| Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 1,085 | |||||||
| Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 1,707 | |||||||
| Annual Return 2003 | rr_AnnualReturn2003 | 23.70% | |||||||
| Annual Return 2004 | rr_AnnualReturn2004 | 10.28% | |||||||
| Annual Return 2005 | rr_AnnualReturn2005 | 2.32% | |||||||
| Annual Return 2006 | rr_AnnualReturn2006 | 17.36% | |||||||
| Annual Return 2007 | rr_AnnualReturn2007 | (2.95%) | |||||||
| Annual Return 2008 | rr_AnnualReturn2008 | (27.22%) | |||||||
| Annual Return 2009 | rr_AnnualReturn2009 | 17.05% | |||||||
| Annual Return 2010 | rr_AnnualReturn2010 | 19.08% | |||||||
| Annual Return 2011 | rr_AnnualReturn2011 | 7.21% | |||||||
| Annual Return 2012 | rr_AnnualReturn2012 | 10.29% | |||||||
| Highest Quarterly Return, Label | rr_HighestQuarterlyReturnLabel | Best Quarter: | |||||||
| Highest Quarterly Return, Date | rr_BarChartHighestQuarterlyReturnDate | Jun. 30, 2009 | |||||||
| Highest Quarterly Return | rr_BarChartHighestQuarterlyReturn | 14.00% | |||||||
| Lowest Quarterly Return, Label | rr_LowestQuarterlyReturnLabel | Worst Quarter: | |||||||
| Lowest Quarterly Return, Date | rr_BarChartLowestQuarterlyReturnDate | Dec. 31, 2008 | |||||||
| Lowest Quarterly Return | rr_BarChartLowestQuarterlyReturn | (15.66%) | |||||||
| Label | rr_AverageAnnualReturnLabel | Return Before Taxes | |||||||
| 1 Year | rr_AverageAnnualReturnYear01 | 3.96% | |||||||
| 5 Years | rr_AverageAnnualReturnYear05 | 2.48% | |||||||
| 10 Years | rr_AverageAnnualReturnYear10 | 6.04% | |||||||
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Franklin Rising Dividends Fund | Class A | After Taxes on Distributions
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| Risk/Return: | rr_RiskReturnAbstract | ||||||||
| 1 Year | rr_AverageAnnualReturnYear01 | 3.73% | |||||||
| 5 Years | rr_AverageAnnualReturnYear05 | 2.28% | |||||||
| 10 Years | rr_AverageAnnualReturnYear10 | 5.73% | |||||||
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Franklin Rising Dividends Fund | Class A | After Taxes on Distributions and Sales
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| Risk/Return: | rr_RiskReturnAbstract | ||||||||
| 1 Year | rr_AverageAnnualReturnYear01 | 2.87% | |||||||
| 5 Years | rr_AverageAnnualReturnYear05 | 2.08% | |||||||
| 10 Years | rr_AverageAnnualReturnYear10 | 5.25% | |||||||
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Franklin Rising Dividends Fund | Class B
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| Risk/Return: | rr_RiskReturnAbstract | ||||||||
| Maximum Cumulative Sales Charge (as a percentage of Offering Price) | rr_MaximumCumulativeSalesChargeOverOfferingPrice | none | [3] | ||||||
| Maximum Deferred Sales Charge (as a percentage of Offering Price) | rr_MaximumDeferredSalesChargeOverOfferingPrice | 4.00% | [3] | ||||||
| Management Fees (as a percentage of Assets) | rr_ManagementFeesOverAssets | 0.53% | |||||||
| Distribution and Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | |||||||
| Other Expenses (as a percentage of Assets): | rr_OtherExpensesOverAssets | 0.19% | |||||||
| Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 0.01% | |||||||
| Expenses (as a percentage of Assets) | rr_ExpensesOverAssets | 1.73% | |||||||
| Fee Waiver or Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.01%) | [1] | ||||||
| Net Expenses (as a percentage of Assets) | rr_NetExpensesOverAssets | 1.72% | [2] | ||||||
| Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | 575 | |||||||
| Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 844 | |||||||
| Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 1,138 | |||||||
| Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 1,842 | |||||||
| Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 175 | |||||||
| Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 544 | |||||||
| Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 938 | |||||||
| Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | 1,842 | |||||||
| 1 Year | rr_AverageAnnualReturnYear01 | 5.45% | |||||||
| 5 Years | rr_AverageAnnualReturnYear05 | 2.57% | |||||||
| 10 Years | rr_AverageAnnualReturnYear10 | 6.08% | |||||||
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Franklin Rising Dividends Fund | Class C
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| Risk/Return: | rr_RiskReturnAbstract | ||||||||
| Maximum Cumulative Sales Charge (as a percentage of Offering Price) | rr_MaximumCumulativeSalesChargeOverOfferingPrice | none | |||||||
| Maximum Deferred Sales Charge (as a percentage of Offering Price) | rr_MaximumDeferredSalesChargeOverOfferingPrice | 1.00% | |||||||
| Management Fees (as a percentage of Assets) | rr_ManagementFeesOverAssets | 0.53% | |||||||
| Distribution and Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | |||||||
| Other Expenses (as a percentage of Assets): | rr_OtherExpensesOverAssets | 0.19% | |||||||
| Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 0.01% | |||||||
| Expenses (as a percentage of Assets) | rr_ExpensesOverAssets | 1.73% | |||||||
| Fee Waiver or Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.01%) | [1] | ||||||
| Net Expenses (as a percentage of Assets) | rr_NetExpensesOverAssets | 1.72% | [2] | ||||||
| Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | 275 | |||||||
| Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 544 | |||||||
| Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 938 | |||||||
| Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 2,041 | |||||||
| Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 175 | |||||||
| Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 544 | |||||||
| Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 938 | |||||||
| Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | 2,041 | |||||||
| 1 Year | rr_AverageAnnualReturnYear01 | 8.47% | |||||||
| 5 Years | rr_AverageAnnualReturnYear05 | 2.94% | |||||||
| 10 Years | rr_AverageAnnualReturnYear10 | 5.91% | |||||||
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Franklin Rising Dividends Fund | Class R
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| Risk/Return: | rr_RiskReturnAbstract | ||||||||
| Maximum Cumulative Sales Charge (as a percentage of Offering Price) | rr_MaximumCumulativeSalesChargeOverOfferingPrice | none | |||||||
| Maximum Deferred Sales Charge (as a percentage of Offering Price) | rr_MaximumDeferredSalesChargeOverOfferingPrice | none | |||||||
| Management Fees (as a percentage of Assets) | rr_ManagementFeesOverAssets | 0.53% | |||||||
| Distribution and Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.50% | |||||||
| Other Expenses (as a percentage of Assets): | rr_OtherExpensesOverAssets | 0.19% | |||||||
| Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 0.01% | |||||||
| Expenses (as a percentage of Assets) | rr_ExpensesOverAssets | 1.23% | |||||||
| Fee Waiver or Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.01%) | [1] | ||||||
| Net Expenses (as a percentage of Assets) | rr_NetExpensesOverAssets | 1.22% | [2] | ||||||
| Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | 124 | |||||||
| Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 389 | |||||||
| Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 675 | |||||||
| Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 1,488 | |||||||
| 1 Year | rr_AverageAnnualReturnYear01 | 9.99% | |||||||
| 5 Years | rr_AverageAnnualReturnYear05 | 3.44% | |||||||
| 10 Years | rr_AverageAnnualReturnYear10 | 6.45% | |||||||
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Franklin Rising Dividends Fund | Advisor Class
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| Risk/Return: | rr_RiskReturnAbstract | ||||||||
| Maximum Cumulative Sales Charge (as a percentage of Offering Price) | rr_MaximumCumulativeSalesChargeOverOfferingPrice | none | |||||||
| Maximum Deferred Sales Charge (as a percentage of Offering Price) | rr_MaximumDeferredSalesChargeOverOfferingPrice | none | |||||||
| Management Fees (as a percentage of Assets) | rr_ManagementFeesOverAssets | 0.53% | |||||||
| Distribution and Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | |||||||
| Other Expenses (as a percentage of Assets): | rr_OtherExpensesOverAssets | 0.19% | |||||||
| Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 0.01% | |||||||
| Expenses (as a percentage of Assets) | rr_ExpensesOverAssets | 0.73% | |||||||
| Fee Waiver or Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.01%) | [1] | ||||||
| Net Expenses (as a percentage of Assets) | rr_NetExpensesOverAssets | 0.72% | [2] | ||||||
| Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | 74 | |||||||
| Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 232 | |||||||
| Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 405 | |||||||
| Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 906 | |||||||
| 1 Year | rr_AverageAnnualReturnYear01 | 10.56% | |||||||
| 5 Years | rr_AverageAnnualReturnYear05 | 3.97% | |||||||
| 10 Years | rr_AverageAnnualReturnYear10 | 6.86% | |||||||
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