0001379491-11-000351.txt : 20110421 0001379491-11-000351.hdr.sgml : 20110421 20110421134912 ACCESSION NUMBER: 0001379491-11-000351 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 6 FILED AS OF DATE: 20110421 DATE AS OF CHANGE: 20110421 EFFECTIVENESS DATE: 20110421 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FRANKLIN INVESTORS SECURITIES TRUST CENTRAL INDEX KEY: 0000809707 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1031 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-11444 FILM NUMBER: 11773009 BUSINESS ADDRESS: STREET 1: ONE FRANKLIN PARKWAY CITY: SAN MATEO STATE: CA ZIP: 94403-1906 BUSINESS PHONE: 650-312-2200 MAIL ADDRESS: STREET 1: ONE FRANKLIN PARKWAY CITY: SAN MATEO STATE: CA ZIP: 94403-1906 0000809707 S000006854 FRANKLIN LIMITED MATURITY U.S. GOVERNMENT SECURITIES FUND C000018521 CLASS A FRGVX C000018522 ADVISOR CLASS FSUAX 0000809707 S000012705 Franklin Balanced Fund C000034238 CLASS A FBLAX C000034239 CLASS C FBMCX C000034240 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[Text Block 4] Supplement Text Block 2 Supplement Text Block 2 Supplement [Text Block 2] Supplement Text Block 3 Supplement Text Block 3 Supplement [Text Block 3] EX-101.PRE 4 fist-20110419_pre.xml XBRL INTERACTIVE DATA PRESENTATION LINKBASE EXTENSION EX-101.SCH 5 fist-20110419.xsd XBRL INTERACTIVE DATA SCHEMA EX-101.INS 6 fist-20110419.xml XBRL INTERACTIVE DATA INSTANCE 0000809707 2011-03-01 2011-03-01 0000809707 fist:S000012705Member 2011-03-01 2011-03-01 0000809707 fist:S000006854Member 2011-03-01 2011-03-01 0000809707 fist:S000006854Member fist:C000018521Member 2011-03-01 2011-03-01 0000809707 fist:S000006854Member fist:C000018522Member 2011-03-01 2011-03-01 iso4217:USD xbrli:pure xbrli:shares iso4217:USD xbrli:shares 0000809707 FRANKLIN INVESTORS SECURITIES TRUST Other 2011-03-31 2011-03-31 2010-10-31 false 2011-03-01 ~ http://xbrl.sec.gov/rr/role/RiskReturnDetail column period compact * row primary compact * ~ <div> <p style="font: bold 8pt Arial, Helvetica, sans-serif; text-align: left;"> FIST1 P-1 03/11</p> <p style="font: bold 12pt Arial, Helvetica, sans-serif; text-align: center;"> SUPPLEMENT DATED MARCH 31, 2011<br /> TO THE PROSPECTUS DATED MARCH 1, 2011 <br /> OF<br /> FRANKLIN INVESTORS SECURITIES TRUST <br /> (Franklin Balanced Fund, Franklin Convertible Securities Fund, Franklin Equity Income Fund,<br /> Franklin Limited Maturity U.S. Government Securities Fund, Franklin Real Return Fund)</p> <p style="font: normal 12pt Arial, Helvetica, sans-serif; text-align: left;"> The prospectus is amended as follows:</p> </div> Fund Summary <div> <p style="font: normal 12pt Arial, Helvetica, sans-serif; text-align: left;"> I. For the Franklin Balanced Fund, the “FUND SUMMARIES – Principal Investment Strategies” section on page 4 is revised by adding the following at the end thereof: </p> <p style="font: normal 12pt Arial, Helvetica, sans-serif; text-align: left; padding-left: 15px; padding-right: 15px;">For purposes of pursuing its investment goal, the Fund may enter into various equity-related transactions involving derivative instruments, including put and call options on equity securities and equity indices. The Fund may enter into equity-related derivatives transactions to hedge against market risk, to earn income (in the form of premiums received for writing options), to gain or increase exposure to certain equity securities or segments of the equity markets or to otherwise enhance Fund returns. For example, the Fund may write an option with a strike price that is generally equal to the price target at which the investment manager would sell (in the case of a call option) or purchase (in the case of a put option) a particular stock, and in return the Fund would earn a premium from the buyer of the option.</p> </div> Principal Investment Strategies <div><p>Under normal market conditions, the Fund invests in a diversified portfolio of stocks (substantially dividend paying), convertible securities and debt securities. The Fund normally invests at least 25% of its total assets in debt securities, including bonds, notes, debentures and money market securities. In addition, the Fund normally invests at least 25% of its total assets in equity securities, primarily common and preferred stock. To the extent that the value of convertible and preferred securities can be attributed to their debt characteristics, they will be treated as debt securities for purposes of this investment policy.</p><p>The Fund seeks income by investing in a combination of corporate, agency and government bonds issued in the United States and other countries, as well as common stocks and convertible securities. The Fund seeks capital appreciation by investing in equity securities and convertible securities of companies from a variety of industries.</p><p>The Fund generally invests in investment grade debt securities. The Fund does not currently anticipate investing more than 15% of its total assets in securities of issuers domiciled outside the United States.</p><p>The investment manager applies a &#147;bottom-up&#148; approach to investing in individual securities. The investment manager will assess the market price of a company&#146;s securities relative to the investment manager&#146;s evaluation of the company&#146;s long-term earnings, asset value and cash flow potential. The investment manager also considers a company&#146;s price/earnings ratio, profit margins and liquidation value. In determining an optimal mix of equity and fixed-income investments for the Fund, the investment manager assesses changing economic, market and industry conditions.</p><p>For purposes of pursuing its investment goal, the Fund may enter into various equity-related transactions involving derivative instruments, including put and call options on equity securities and equity indices. The Fund may enter into equity-related derivatives transactions to hedge against market risk, to earn income (in the form of premiums received for writing options), to gain or increase exposure to certain equity securities or segments of the equity markets or to otherwise enhance Fund returns. For example, the Fund may write an option with a strike price that is generally equal to the price target at which the investment manager would sell (in the case of a call option) or purchase (in the case of a put option) a particular stock, and in return the Fund would earn a premium from the buyer of the option.</p></div> <div> <p style="font: normal 12pt Arial, Helvetica, sans-serif; text-align: left;"> II. For the Franklin Balanced Fund, the “FUND SUMMARIES – Principal Risks” section beginning on page 5 is revised by adding the following:</p> <p style="font: bold 12pt Arial, Helvetica, sans-serif; text-align: left; padding-left: 15px; padding-right: 15px;"> Derivative Instruments </p> <p style="font: normal 12pt Arial, Helvetica, sans-serif; text-align: left; padding-left: 15px; padding-right: 15px;"> The performance of derivative instruments depends largely on the performance of an underlying currency, security or index and such instruments often have risks similar to their underlying instrument, in addition to other risks. Derivative instruments involve costs, may be volatile and illiquid, may give rise to leverage and may involve a small initial investment relative to the risk assumed. There may also be imperfect correlation between the value of the derivative and the underlying instrument. When used for hedging, the change in value of the derivative may also not correlate specifically with the currency, security or other risk being hedged. With over-the-counter derivatives, there is the risk that the other party to the transaction will fail to perform.</p> </div> Principal Risks <div><p>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.</p><p>Market</p><p>The market value of securities owned by the Fund will go up and down, sometimes rapidly or unpredictably. A security&#146;s 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.</p><p>Generally, stocks have historically outperformed other types of investments over the long term. Individual stock prices, however, tend to go up and down more dramatically. A slower-growth or recessionary economic environment could have an adverse effect on the price of the various stocks held by the Fund.</p><p>Credit</p><p>An issuer of debt securities may fail to make interest payments and repay principal when due, in whole or in part. Changes in an issuer's financial strength or in a security's credit rating may affect a security's value.</p><p>Interest Rate</p><p>When interest rates rise, debt security prices generally fall. The opposite is also generally true: debt security prices rise when interest rates fall. In general, securities with longer maturities are more sensitive to these interest rate changes.</p><p>Income</p><p>Because the Fund can only distribute what it earns, the Fund's distributions to shareholders may decline when prevailing interest rates fall or when the Fund experiences defaults on debt securities it holds.</p><p>Convertible Securities</p><p>Convertible securities are subject to the risks of stocks when the underlying stock price is high relative to the conversion price (because more of the security's value resides in the conversion feature) and debt securities when the underlying stock price is low relative to the conversion price (because the conversion feature is less valuable). A convertible security is not as sensitive to interest rate changes as a similar non-convertible debt security, and generally has less potential for gain or loss than the underlying stock.</p><p>Foreign Securities</p><p>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.</p><p>Derivative Instruments</p><p>The performance of derivative instruments depends largely on the performance of an underlying currency, security or index and such derivative instruments often have risks similar to their underlying instrument, in addition to other risks. Derivative instruments involve costs, may be volatile and illiquid, may give rise to leverage and may involve a small initial investment relative to the risk assumed. There may also be imperfect correlation between the value of the derivative and the underlying instrument. When used for hedging, the change in value of the derivative may also not correlate specifically with the currency, security or other risk being hedged. With over-the-counter derivatives, there is the risk that the other party to the transaction will fail to perform.</p><p>Management</p><p>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.</p></div> <div> <p style="font: normal 12pt Arial, Helvetica, sans-serif; text-align: left;"> IX. For the Franklin Limited Maturity U.S. Government Securities Fund, the “FUND SUMMARIES – Annual Fund Operating Expenses” table on page 26 is updated as follows:</p> </div> ~ http://xbrl.sec.gov/rr/role/OperatingExpensesData column dei_LegalEntityAxis compact fist_S000006854Member column rr_ProspectusShareClassAxis compact * row primary compact * ~ 0.0050 0.0050 0.0010 0.00 0.0019 0.0019 0.0001 0.0001 0.0080 0.0070 Total annual Fund operating expenses differ from the ratio of expenses to average net assets shown in the Financial Highlights, which reflect the operating expenses of the Fund and do not include acquired fund fees and expenses. 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M````I($Z0```9FES="TR,#$Q,#0Q.5]P&UL550%``,B;K!-=7@+``$$ M)0X```0Y`0``4$L!`AX#%`````@`*VZ5/A^`:R'V`@``5@X``!$`&``````` M`0```*2!@$0``&9I'-D550%``,B;K!-=7@+``$$)0X` <``0Y`0``4$L%!@`````%``4`OP$``,%'```````` ` end XML 8 R4.xml IDEA: Risk/Return Detail Data 2.2.0.25truefalse040000 - Disclosure - Risk/Return Detail Data {Elements}truetruefalse1falsefalsefalsefalse3/1/2011 - 3/1/2011 Thttp://www.sec.gov/CIK0000809707duration2011-03-01T00:00:002011-03-01T00:00:00RatioStandardhttp://www.xbrl.org/2003/instancepurexbrli02true0rr_RiskReturnAbstractrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse3false0dei_DocumentTypedeifalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00OtherfalsefalsefalsefalsefalseOtherus-types:SECReportItemTypenaThe type of document being provided (such as 10-K, 10-Q, N-1A, etc). The document type should be limited to the same value as the supporting SEC submission type. The acceptable values are as follows: S-1, S-3, S-4, S-11, F-1, F-3, F-4, F-9, F-10, 6-K, 8-K, 10, 10-K, 10-Q, 20-F, 40-F, N-1A, 485BPOS, NCSR, N-Q, and Other.No authoritative reference available.falsefalse4false0fist_SupplementTextBlockfistfalsenadurationSupplement Text Blockfalsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <p style="font: bold 8pt Arial, Helvetica, sans-serif; text-align: left;"> FIST1 P-1 03/11</p> <p style="font: bold 12pt Arial, Helvetica, sans-serif; text-align: center;"> SUPPLEMENT DATED MARCH 31, 2011<br /> TO THE PROSPECTUS DATED MARCH 1, 2011 <br /> OF<br /> FRANKLIN INVESTORS SECURITIES TRUST <br /> (Franklin Balanced Fund, Franklin Convertible Securities Fund, Franklin Equity Income Fund,<br /> Franklin Limited Maturity U.S. Government Securities Fund, Franklin Real Return Fund)</p> <p style="font: normal 12pt Arial, Helvetica, sans-serif; text-align: left;"> The prospectus is amended as follows:</p> </div> falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringSupplement Text BlockNo authoritative reference available.falsefalse5false0dei_DocumentPeriodEndDatedeifalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse002010-10-31falsefalsetruefalsefalseOtherxbrli:dateItemTypedateThe end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements this will be the filing date. The format of the date is CCYY-MM-DD.No authoritative reference available.falsefalse6false0dei_EntityRegistrantNamedeifalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00FRANKLIN INVESTORS SECURITIES TRUSTfalsefalsefalsefalsefalseOtherxbrli:normalizedStringItemTypenormalizedstringThe exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation 12B -Number 240 -Section 12b -Subsection 1 falsefalse7false0dei_EntityCentralIndexKeydeifalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse000000809707falsefalsefalsefalsefalseOtherus-types:centralIndexKeyItemTypenaA unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation 12B -Number 240 -Section 12b -Subsection 1 falsefalse8false0dei_AmendmentFlagdeifalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalsefalseOtherxbrli:booleanItemTypenaIf the value is true, then the document as an amendment to previously-filed/accepted document.No authoritative reference available.falsefalse9false0dei_DocumentCreationDatedeifalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse002011-03-31falsefalsetruefalsefalseOtherxbrli:dateItemTypedateThe date the document was made available and submitted, in CCYY-MM-DD format. The date of submission, date of acceptance by the recipient, and the document effective date are all potentially different.No authoritative reference available.falsefalse10false0dei_DocumentEffectiveDatedeifalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse002011-03-31falsefalsetruefalsefalseOtherxbrli:dateItemTypedateThe date when a document, upon receipt and acceptance, becomes officially effective, in CCYY-MM-DD format. Usually it is a system-assigned date time value, but it may be declared by the submitter in some cases.No authoritative reference available.falsefalse11false0rr_ProspectusDaterrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse002011-03-01falsefalsetruefalsefalseOtherxbrli:dateItemTypedateThe date of the prospectus.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 1 -Paragraph 3 -Subsection a falsefalse12false0rr_RiskReturnHeadingrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00Fund SummaryfalsefalsefalsefalsefalseOtherxbrli:stringItemTypestringRisk/Return Summary Investment Objectives/Goals Include the following information, in plain English under rule 421(d) under the Securities Act, in the order and subject matter indicatedReference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 2 falsefalse13false0natruenanaNo definition available.falsetruefalsefalsefalsefalsefalsefalsefalsefalsehttp://xbrl.sec.gov/rr/role/riskreturndetaildata1falsefalsefalse00falsefalsefalsefalsefalse2falsefalsetruefalse{dei_LegalEntityAxis} : Franklin Balanced Fund 3/1/2011 - 3/1/2011 S000012705http://www.sec.gov/CIK0000809707duration2011-03-01T00:00:002011-03-01T00:00:00falsefalseFranklin Balanced Funddei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldifist_S000012705Memberdei_LegalEntityAxisexplicitMemberOthernaNo definition available.No authoritative reference available.falsefalse14true0rr_RiskReturnAbstractrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse15false0fist_SupplementTextBlock2fistfalsenadurationSupplement Text Block 2falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <p style="font: normal 12pt Arial, Helvetica, sans-serif; text-align: left;"> I. For the Franklin Balanced Fund, the “FUND SUMMARIES – Principal Investment Strategies” section on page 4 is revised by adding the following at the end thereof: </p> <p style="font: normal 12pt Arial, Helvetica, sans-serif; text-align: left; padding-left: 15px; padding-right: 15px;">For purposes of pursuing its investment goal, the Fund may enter into various equity-related transactions involving derivative instruments, including put and call options on equity securities and equity indices. The Fund may enter into equity-related derivatives transactions to hedge against market risk, to earn income (in the form of premiums received for writing options), to gain or increase exposure to certain equity securities or segments of the equity markets or to otherwise enhance Fund returns. For example, the Fund may write an option with a strike price that is generally equal to the price target at which the investment manager would sell (in the case of a call option) or purchase (in the case of a put option) a particular stock, and in return the Fund would earn a premium from the buyer of the option.</p> </div> falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringSupplement Text Block 2No authoritative reference available.falsefalse16false0fist_SupplementTextBlock3fistfalsenadurationSupplement Text Block 3falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <p style="font: normal 12pt Arial, Helvetica, sans-serif; text-align: left;"> II. For the Franklin Balanced Fund, the “FUND SUMMARIES – Principal Risks” section beginning on page 5 is revised by adding the following:</p> <p style="font: bold 12pt Arial, Helvetica, sans-serif; text-align: left; padding-left: 15px; padding-right: 15px;"> Derivative Instruments </p> <p style="font: normal 12pt Arial, Helvetica, sans-serif; text-align: left; padding-left: 15px; padding-right: 15px;"> The performance of derivative instruments depends largely on the performance of an underlying currency, security or index and such instruments often have risks similar to their underlying instrument, in addition to other risks. Derivative instruments involve costs, may be volatile and illiquid, may give rise to leverage and may involve a small initial investment relative to the risk assumed. There may also be imperfect correlation between the value of the derivative and the underlying instrument. When used for hedging, the change in value of the derivative may also not correlate specifically with the currency, security or other risk being hedged. With over-the-counter derivatives, there is the risk that the other party to the transaction will fail to perform.</p> </div> falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringSupplement Text Block 3No authoritative reference available.falsefalse17false0rr_StrategyHeadingrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00Principal Investment StrategiesfalsefalsefalsefalsefalseOtherxbrli:stringItemTypestringPrincipal investment strategies of the Fund. Summarize how the Fund intends to achieve its investment objectives by identifying the Fund's principal investment strategies (including the type or types of securities in which the Fund invests or will invest principally) and any policy to concentrate in securities of issuers in a particular industry or group of industries.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection a falsefalse18false0rr_StrategyNarrativeTextBlockrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div><p>Under normal market conditions, the Fund invests in a diversified portfolio of stocks (substantially dividend paying), convertible securities and debt securities. The Fund normally invests at least 25% of its total assets in debt securities, including bonds, notes, debentures and money market securities. In addition, the Fund normally invests at least 25% of its total assets in equity securities, primarily common and preferred stock. To the extent that the value of convertible and preferred securities can be attributed to their debt characteristics, they will be treated as debt securities for purposes of this investment policy.</p><p>The Fund seeks income by investing in a combination of corporate, agency and government bonds issued in the United States and other countries, as well as common stocks and convertible securities. The Fund seeks capital appreciation by investing in equity securities and convertible securities of companies from a variety of industries.</p><p>The Fund generally invests in investment grade debt securities. The Fund does not currently anticipate investing more than 15% of its total assets in securities of issuers domiciled outside the United States.</p><p>The investment manager applies a &#147;bottom-up&#148; approach to investing in individual securities. The investment manager will assess the market price of a company&#146;s securities relative to the investment manager&#146;s evaluation of the company&#146;s long-term earnings, asset value and cash flow potential. The investment manager also considers a company&#146;s price/earnings ratio, profit margins and liquidation value. In determining an optimal mix of equity and fixed-income investments for the Fund, the investment manager assesses changing economic, market and industry conditions.</p><p>For purposes of pursuing its investment goal, the Fund may enter into various equity-related transactions involving derivative instruments, including put and call options on equity securities and equity indices. The Fund may enter into equity-related derivatives transactions to hedge against market risk, to earn income (in the form of premiums received for writing options), to gain or increase exposure to certain equity securities or segments of the equity markets or to otherwise enhance Fund returns. For example, the Fund may write an option with a strike price that is generally equal to the price target at which the investment manager would sell (in the case of a call option) or purchase (in the case of a put option) a particular stock, and in return the Fund would earn a premium from the buyer of the option.</p></div>falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringPrincipal investment strategies of the Fund. Summarize how the Fund intends to achieve its investment objectives by identifying the Fund's principal investment strategies (including the type or types of securities in which the Fund invests or will invest principally) and any policy to concentrate in securities of issuers in a particular industry or group of industries.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection a falsefalse19false0rr_RiskHeadingrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00Principal RisksfalsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNarrative Risk Disclosure.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 1 -Subsection b falsefalse20false0rr_RiskNarrativeTextBlockrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div><p>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.</p><p>Market</p><p>The market value of securities owned by the Fund will go up and down, sometimes rapidly or unpredictably. A security&#146;s 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.</p><p>Generally, stocks have historically outperformed other types of investments over the long term. Individual stock prices, however, tend to go up and down more dramatically. A slower-growth or recessionary economic environment could have an adverse effect on the price of the various stocks held by the Fund.</p><p>Credit</p><p>An issuer of debt securities may fail to make interest payments and repay principal when due, in whole or in part. Changes in an issuer's financial strength or in a security's credit rating may affect a security's value.</p><p>Interest Rate</p><p>When interest rates rise, debt security prices generally fall. The opposite is also generally true: debt security prices rise when interest rates fall. In general, securities with longer maturities are more sensitive to these interest rate changes.</p><p>Income</p><p>Because the Fund can only distribute what it earns, the Fund's distributions to shareholders may decline when prevailing interest rates fall or when the Fund experiences defaults on debt securities it holds.</p><p>Convertible Securities</p><p>Convertible securities are subject to the risks of stocks when the underlying stock price is high relative to the conversion price (because more of the security's value resides in the conversion feature) and debt securities when the underlying stock price is low relative to the conversion price (because the conversion feature is less valuable). A convertible security is not as sensitive to interest rate changes as a similar non-convertible debt security, and generally has less potential for gain or loss than the underlying stock.</p><p>Foreign Securities</p><p>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.</p><p>Derivative Instruments</p><p>The performance of derivative instruments depends largely on the performance of an underlying currency, security or index and such derivative instruments often have risks similar to their underlying instrument, in addition to other risks. Derivative instruments involve costs, may be volatile and illiquid, may give rise to leverage and may involve a small initial investment relative to the risk assumed. There may also be imperfect correlation between the value of the derivative and the underlying instrument. When used for hedging, the change in value of the derivative may also not correlate specifically with the currency, security or other risk being hedged. With over-the-counter derivatives, there is the risk that the other party to the transaction will fail to perform.</p><p>Management</p><p>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.</p></div>falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringNarrative Risk Disclosure. A Fund may, in responding to this Item, describe the types of investors for whom the Fund is intended or the types of investment goals that may be consistent with an investment in the Fund.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 1 -Subparagraph i -Clause instruction -Subsection b falsefalse21false0natruenanaNo definition available.falsetruefalsefalsefalsefalsefalsefalsefalsefalsehttp://xbrl.sec.gov/rr/role/riskreturndetaildata1falsefalsefalse00falsefalsefalsefalsefalse3falsefalsetruefalse{dei_LegalEntityAxis} : Franklin Limited Maturity U.S. Government Securities Fund 3/1/2011 - 3/1/2011 S000006854http://www.sec.gov/CIK0000809707duration2011-03-01T00:00:002011-03-01T00:00:00falsefalseFranklin Limited Maturity U.S. Government Securities Funddei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldifist_S000006854Memberdei_LegalEntityAxisexplicitMemberOthernaNo definition available.No authoritative reference available.falsefalse22true0rr_RiskReturnAbstractrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse23false0fist_SupplementTextBlock4fistfalsenadurationSupplement Text Block 4falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <p style="font: normal 12pt Arial, Helvetica, sans-serif; text-align: left;"> IX. For the Franklin Limited Maturity U.S. Government Securities Fund, the “FUND SUMMARIES – Annual Fund Operating Expenses” table on page 26 is updated as follows:</p> </div> falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringSupplement Text Block 4No authoritative reference available.falsefalse24false0natruenanaNo definition available.falsetruefalsefalsefalsefalsefalsefalsefalsefalsehttp://xbrl.sec.gov/rr/role/riskreturndetaildata1falsefalsefalse00falsefalsefalsefalsefalse4falsefalsetruefalse{dei_LegalEntityAxis} : Franklin Limited Maturity U.S. Government Securities Fund {rr_ProspectusShareClassAxis} : Franklin Limited Maturity U.S. Government Securities Fund Class A 3/1/2011 - 3/1/2011 S000006854_C000018521http://www.sec.gov/CIK0000809707duration2011-03-01T00:00:002011-03-01T00:00:00falsefalseFranklin Limited Maturity U.S. Government Securities Funddei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldifist_S000006854Memberdei_LegalEntityAxisexplicitMemberfalsefalseClass Arr_ProspectusShareClassAxisxbrldihttp://xbrl.org/2006/xbrldifist_C000018521Memberrr_ProspectusShareClassAxisexplicitMemberRatioStandardhttp://www.xbrl.org/2003/instancepurexbrli0OthernaNo definition available.No authoritative reference available.falsefalse25true0rr_RiskReturnAbstractrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse26false0rr_ManagementFeesOverAssetsrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.00500.0050falsefalsefalsefalsefalseOtherrr:NonNegativePure4TypepureManagement Fees include investment advisory fees (including any fees based on the Fund's performance), any other management fees payable to the investment adviser or its affiliates, and administrative fees payable to the investment adviser or its affiliates that are not included as "Other Expenses."Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subparagraph a -Subsection instructions falsefalse27false0rr_DistributionAndService12b1FeesOverAssetsrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.00100.0010falsefalsefalsefalsefalseOtherrr:NonNegativePure4TypepureDistribution [and/or Service] (12b-1) Fees" include all distribution or other expenses incurred during the most recent fiscal year under a plan adopted pursuant to rule 12b-1 [17 CFR 270.12b-1]. Under an appropriate caption or a subcaption of "Other Expenses," disclose the amount of any distribution or similar expenses deducted from the Fund's assets other than pursuant to a rule 12b-1 plan.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 9 -Subsection table falsefalse28false0rr_OtherExpensesOverAssetsrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.00190.0019falsefalsefalsefalsefalseOtherrr:NonNegativePure4Typepure"Other Expenses" include all expenses not otherwise disclosed in the table that are deducted from the Fund's assets or charged to all shareholder accounts. The amount of expenses deducted from the Fund's assets are the amounts shown as expenses in the Fund's statement of operations (including increases resulting from complying with paragraph 2(g) of rule 6-07 of Regulation S-X [17 CFR 210.6-07]). "Other Expenses" do not include extraordinary expenses as determined under generally accepted accounting principles (see Accounting Principles Board Opinion No. 30). If extraordinary expenses were incurred that materially affected the Fund's "Other Expenses," disclose in a footnote to the table what "Other Expenses" would have been had the extraordinary expenses been included.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subparagraph c -Clause i -Subsection instructions falsefalse29false0rr_AcquiredFundFeesAndExpensesOverAssetsrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.00010.0001[1]falsefalsefalsefalsefalseOtherrr:NonNegativePure4TypepureTotal Annual Fund Operating Expenses.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 11 -Subsection table falsefalse30false0rr_ExpensesOverAssetsrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.00800.0080[1]falsefalsefalsefalsefalseOtherrr:NonNegativePure4TypepureTotal Annual Fund Operating Expenses. If the Fund is a Feeder Fund, reflect the aggregate expenses of the Feeder Fund and the Master Fund in a single fee table using the captions provided. In a footnote to the fee table, state that the table and Example reflect the expenses of both the Feeder and Master Funds. If the prospectus offers more than one Class of a Multiple Class Fund or more than one Feeder Fund that invests in the same Master Fund, provide a separate response for each Class or Feeder Fund. Base the percentages of "Annual Fund Operating Expenses" on amounts incurred during the Fund's most recent fiscal year, but include in expenses amounts that would have been incurred absent expense reimbursement or fee waiver arrangements. If the Fund has changed its fiscal year and, as a result, the most recent fiscal year is less than three months, use the fiscal year prior to the most recent fiscal year as the basis for determining "Annual Fund Operating Expenses."Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subparagraph d -Subsection instructions falsefalse31false0natruenanaNo definition available.falsetruefalsefalsefalsefalsefalsefalsefalsefalsehttp://xbrl.sec.gov/rr/role/riskreturndetaildata1falsefalsefalse00falsefalsefalsefalsefalse5falsefalsetruefalse{dei_LegalEntityAxis} : Franklin Limited Maturity U.S. Government Securities Fund {rr_ProspectusShareClassAxis} : Franklin Limited Maturity U.S. Government Securities Fund Advisor Class 3/1/2011 - 3/1/2011 S000006854_C000018522http://www.sec.gov/CIK0000809707duration2011-03-01T00:00:002011-03-01T00:00:00falsefalseFranklin Limited Maturity U.S. Government Securities Funddei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldifist_S000006854Memberdei_LegalEntityAxisexplicitMemberfalsefalseAdvisor Classrr_ProspectusShareClassAxisxbrldihttp://xbrl.org/2006/xbrldifist_C000018522Memberrr_ProspectusShareClassAxisexplicitMemberRatioStandardhttp://www.xbrl.org/2003/instancepurexbrli0OthernaNo definition available.No authoritative reference available.falsefalse32true0rr_RiskReturnAbstractrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00falsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNo definition available.falsefalse33false0rr_ManagementFeesOverAssetsrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.00500.0050falsefalsefalsefalsefalseOtherrr:NonNegativePure4TypepureManagement Fees include investment advisory fees (including any fees based on the Fund's performance), any other management fees payable to the investment adviser or its affiliates, and administrative fees payable to the investment adviser or its affiliates that are not included as "Other Expenses."Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subparagraph a -Subsection instructions falsefalse34false0rr_DistributionAndService12b1FeesOverAssetsrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.000.00falsefalsefalsefalsefalseOtherrr:NonNegativePure4TypepureDistribution [and/or Service] (12b-1) Fees" include all distribution or other expenses incurred during the most recent fiscal year under a plan adopted pursuant to rule 12b-1 [17 CFR 270.12b-1]. Under an appropriate caption or a subcaption of "Other Expenses," disclose the amount of any distribution or similar expenses deducted from the Fund's assets other than pursuant to a rule 12b-1 plan.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 9 -Subsection table falsefalse35false0rr_OtherExpensesOverAssetsrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.00190.0019falsefalsefalsefalsefalseOtherrr:NonNegativePure4Typepure"Other Expenses" include all expenses not otherwise disclosed in the table that are deducted from the Fund's assets or charged to all shareholder accounts. The amount of expenses deducted from the Fund's assets are the amounts shown as expenses in the Fund's statement of operations (including increases resulting from complying with paragraph 2(g) of rule 6-07 of Regulation S-X [17 CFR 210.6-07]). "Other Expenses" do not include extraordinary expenses as determined under generally accepted accounting principles (see Accounting Principles Board Opinion No. 30). If extraordinary expenses were incurred that materially affected the Fund's "Other Expenses," disclose in a footnote to the table what "Other Expenses" would have been had the extraordinary expenses been included.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subparagraph c -Clause i -Subsection instructions falsefalse36false0rr_AcquiredFundFeesAndExpensesOverAssetsrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.00010.0001[1]falsefalsefalsefalsefalseOtherrr:NonNegativePure4TypepureTotal Annual Fund Operating Expenses.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 11 -Subsection table falsefalse37false0rr_ExpensesOverAssetsrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.00700.0070[1]falsefalsefalsefalsefalseOtherrr:NonNegativePure4TypepureTotal Annual Fund Operating Expenses. If the Fund is a Feeder Fund, reflect the aggregate expenses of the Feeder Fund and the Master Fund in a single fee table using the captions provided. In a footnote to the fee table, state that the table and Example reflect the expenses of both the Feeder and Master Funds. If the prospectus offers more than one Class of a Multiple Class Fund or more than one Feeder Fund that invests in the same Master Fund, provide a separate response for each Class or Feeder Fund. Base the percentages of "Annual Fund Operating Expenses" on amounts incurred during the Fund's most recent fiscal year, but include in expenses amounts that would have been incurred absent expense reimbursement or fee waiver arrangements. If the Fund has changed its fiscal year and, as a result, the most recent fiscal year is less than three months, use the fiscal year prior to the most recent fiscal year as the basis for determining "Annual Fund Operating Expenses."Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subparagraph d -Subsection instructions falsefalse1Total annual Fund operating expenses differ from the ratio of expenses to average net assets shown in the Financial Highlights, which reflect the operating expenses of the Fund and do not include acquired fund fees and expenses.136Risk/Return Detail DataUnKnownUnKnownUnKnownUnKnowntruetrue XML 9 defnref.xml IDEA: XBRL DOCUMENT No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. 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No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. No authoritative reference available. XML 10 R1.xml IDEA: Risk/Return Summary 2.2.0.25truefalse010000 - Document - Risk/Return Summary {Unlabeled}falsefalsetrue1falsefalsefalsefalse3/1/2011 - 3/1/2011 Thttp://www.sec.gov/CIK0000809707duration2011-03-01T00:00:002011-03-01T00:00:003false0rr_RiskReturnHeadingrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00Fund SummaryfalsefalsefalsefalsefalseOtherxbrli:stringItemTypestringRisk/Return Summary Investment Objectives/Goals Include the following information, in plain English under rule 421(d) under the Securities Act, in the order and subject matter indicatedReference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 2 falsefalse4false0fist_SupplementTextBlockfistfalsenadurationSupplement Text Blockfalsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <p style="font: bold 8pt Arial, Helvetica, sans-serif; text-align: left;"> FIST1 P-1 03/11</p> <p style="font: bold 12pt Arial, Helvetica, sans-serif; text-align: center;"> SUPPLEMENT DATED MARCH 31, 2011<br /> TO THE PROSPECTUS DATED MARCH 1, 2011 <br /> OF<br /> FRANKLIN INVESTORS SECURITIES TRUST <br /> (Franklin Balanced Fund, Franklin Convertible Securities Fund, Franklin Equity Income Fund,<br /> Franklin Limited Maturity U.S. Government Securities Fund, Franklin Real Return Fund)</p> <p style="font: normal 12pt Arial, Helvetica, sans-serif; text-align: left;"> The prospectus is amended as follows:</p> </div> falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringSupplement Text BlockNo authoritative reference available.falsefalse5false0natruenanaNo definition available.falsetruefalsefalsefalsefalsefalsefalsefalsefalsehttp://xbrl.sec.gov/rr/role/riskreturn1falsefalsefalse00Franklin Balanced FundFranklin Balanced Fundfalsefalsefalsefalsefalse2falsefalsetruefalse{dei_LegalEntityAxis} : Franklin Balanced Fund 3/1/2011 - 3/1/2011 S000012705http://www.sec.gov/CIK0000809707duration2011-03-01T00:00:002011-03-01T00:00:00falsefalsefist_S000012705Memberdei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldifist_S000012705Memberdei_LegalEntityAxisexplicitMemberOthernaNo definition available.No authoritative reference available.falsefalse7false0fist_SupplementTextBlock2fistfalsenadurationSupplement Text Block 2falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <p style="font: normal 12pt Arial, Helvetica, sans-serif; text-align: left;"> I. For the Franklin Balanced Fund, the “FUND SUMMARIES – Principal Investment Strategies” section on page 4 is revised by adding the following at the end thereof: </p> <p style="font: normal 12pt Arial, Helvetica, sans-serif; text-align: left; padding-left: 15px; padding-right: 15px;">For purposes of pursuing its investment goal, the Fund may enter into various equity-related transactions involving derivative instruments, including put and call options on equity securities and equity indices. The Fund may enter into equity-related derivatives transactions to hedge against market risk, to earn income (in the form of premiums received for writing options), to gain or increase exposure to certain equity securities or segments of the equity markets or to otherwise enhance Fund returns. For example, the Fund may write an option with a strike price that is generally equal to the price target at which the investment manager would sell (in the case of a call option) or purchase (in the case of a put option) a particular stock, and in return the Fund would earn a premium from the buyer of the option.</p> </div> falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringSupplement Text Block 2No authoritative reference available.falsefalse8false0fist_SupplementTextBlock3fistfalsenadurationSupplement Text Block 3falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <p style="font: normal 12pt Arial, Helvetica, sans-serif; text-align: left;"> II. For the Franklin Balanced Fund, the “FUND SUMMARIES – Principal Risks” section beginning on page 5 is revised by adding the following:</p> <p style="font: bold 12pt Arial, Helvetica, sans-serif; text-align: left; padding-left: 15px; padding-right: 15px;"> Derivative Instruments </p> <p style="font: normal 12pt Arial, Helvetica, sans-serif; text-align: left; padding-left: 15px; padding-right: 15px;"> The performance of derivative instruments depends largely on the performance of an underlying currency, security or index and such instruments often have risks similar to their underlying instrument, in addition to other risks. Derivative instruments involve costs, may be volatile and illiquid, may give rise to leverage and may involve a small initial investment relative to the risk assumed. There may also be imperfect correlation between the value of the derivative and the underlying instrument. When used for hedging, the change in value of the derivative may also not correlate specifically with the currency, security or other risk being hedged. With over-the-counter derivatives, there is the risk that the other party to the transaction will fail to perform.</p> </div> falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringSupplement Text Block 3No authoritative reference available.falsefalse9false0rr_StrategyHeadingrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00Principal Investment StrategiesfalsefalsefalsefalsefalseOtherxbrli:stringItemTypestringPrincipal investment strategies of the Fund. Summarize how the Fund intends to achieve its investment objectives by identifying the Fund's principal investment strategies (including the type or types of securities in which the Fund invests or will invest principally) and any policy to concentrate in securities of issuers in a particular industry or group of industries.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection a falsefalse10false0rr_StrategyNarrativeTextBlockrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div><p>Under normal market conditions, the Fund invests in a diversified portfolio of stocks (substantially dividend paying), convertible securities and debt securities. The Fund normally invests at least 25% of its total assets in debt securities, including bonds, notes, debentures and money market securities. In addition, the Fund normally invests at least 25% of its total assets in equity securities, primarily common and preferred stock. To the extent that the value of convertible and preferred securities can be attributed to their debt characteristics, they will be treated as debt securities for purposes of this investment policy.</p><p>The Fund seeks income by investing in a combination of corporate, agency and government bonds issued in the United States and other countries, as well as common stocks and convertible securities. The Fund seeks capital appreciation by investing in equity securities and convertible securities of companies from a variety of industries.</p><p>The Fund generally invests in investment grade debt securities. The Fund does not currently anticipate investing more than 15% of its total assets in securities of issuers domiciled outside the United States.</p><p>The investment manager applies a &#147;bottom-up&#148; approach to investing in individual securities. The investment manager will assess the market price of a company&#146;s securities relative to the investment manager&#146;s evaluation of the company&#146;s long-term earnings, asset value and cash flow potential. The investment manager also considers a company&#146;s price/earnings ratio, profit margins and liquidation value. In determining an optimal mix of equity and fixed-income investments for the Fund, the investment manager assesses changing economic, market and industry conditions.</p><p>For purposes of pursuing its investment goal, the Fund may enter into various equity-related transactions involving derivative instruments, including put and call options on equity securities and equity indices. The Fund may enter into equity-related derivatives transactions to hedge against market risk, to earn income (in the form of premiums received for writing options), to gain or increase exposure to certain equity securities or segments of the equity markets or to otherwise enhance Fund returns. For example, the Fund may write an option with a strike price that is generally equal to the price target at which the investment manager would sell (in the case of a call option) or purchase (in the case of a put option) a particular stock, and in return the Fund would earn a premium from the buyer of the option.</p></div>falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringPrincipal investment strategies of the Fund. Summarize how the Fund intends to achieve its investment objectives by identifying the Fund's principal investment strategies (including the type or types of securities in which the Fund invests or will invest principally) and any policy to concentrate in securities of issuers in a particular industry or group of industries.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Subsection a falsefalse11false0rr_RiskHeadingrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00Principal RisksfalsefalsefalsefalsefalseOtherxbrli:stringItemTypestringNarrative Risk Disclosure.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 1 -Subsection b falsefalse12false0rr_RiskNarrativeTextBlockrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div><p>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.</p><p>Market</p><p>The market value of securities owned by the Fund will go up and down, sometimes rapidly or unpredictably. A security&#146;s 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.</p><p>Generally, stocks have historically outperformed other types of investments over the long term. Individual stock prices, however, tend to go up and down more dramatically. A slower-growth or recessionary economic environment could have an adverse effect on the price of the various stocks held by the Fund.</p><p>Credit</p><p>An issuer of debt securities may fail to make interest payments and repay principal when due, in whole or in part. Changes in an issuer's financial strength or in a security's credit rating may affect a security's value.</p><p>Interest Rate</p><p>When interest rates rise, debt security prices generally fall. The opposite is also generally true: debt security prices rise when interest rates fall. In general, securities with longer maturities are more sensitive to these interest rate changes.</p><p>Income</p><p>Because the Fund can only distribute what it earns, the Fund's distributions to shareholders may decline when prevailing interest rates fall or when the Fund experiences defaults on debt securities it holds.</p><p>Convertible Securities</p><p>Convertible securities are subject to the risks of stocks when the underlying stock price is high relative to the conversion price (because more of the security's value resides in the conversion feature) and debt securities when the underlying stock price is low relative to the conversion price (because the conversion feature is less valuable). A convertible security is not as sensitive to interest rate changes as a similar non-convertible debt security, and generally has less potential for gain or loss than the underlying stock.</p><p>Foreign Securities</p><p>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.</p><p>Derivative Instruments</p><p>The performance of derivative instruments depends largely on the performance of an underlying currency, security or index and such derivative instruments often have risks similar to their underlying instrument, in addition to other risks. Derivative instruments involve costs, may be volatile and illiquid, may give rise to leverage and may involve a small initial investment relative to the risk assumed. There may also be imperfect correlation between the value of the derivative and the underlying instrument. When used for hedging, the change in value of the derivative may also not correlate specifically with the currency, security or other risk being hedged. With over-the-counter derivatives, there is the risk that the other party to the transaction will fail to perform.</p><p>Management</p><p>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.</p></div>falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringNarrative Risk Disclosure. A Fund may, in responding to this Item, describe the types of investors for whom the Fund is intended or the types of investment goals that may be consistent with an investment in the Fund.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 4 -Paragraph 1 -Subparagraph i -Clause instruction -Subsection b falsefalse13false0natruenanaNo definition available.falsetruefalsefalsefalsefalsefalsefalsefalsefalsehttp://xbrl.sec.gov/rr/role/riskreturn1falsefalsefalse00Franklin Limited Maturity U.S. Government Securities FundFranklin Limited Maturity U.S. Government Securities Fundfalsefalsefalsefalsefalse3falsefalsetruefalse{dei_LegalEntityAxis} : Franklin Limited Maturity U.S. Government Securities Fund 3/1/2011 - 3/1/2011 S000006854http://www.sec.gov/CIK0000809707duration2011-03-01T00:00:002011-03-01T00:00:00falsefalsefist_S000006854Memberdei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldifist_S000006854Memberdei_LegalEntityAxisexplicitMemberOthernaNo definition available.No authoritative reference available.falsefalse15false0fist_SupplementTextBlock4fistfalsenadurationSupplement Text Block 4falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00<div> <p style="font: normal 12pt Arial, Helvetica, sans-serif; text-align: left;"> IX. For the Franklin Limited Maturity U.S. Government Securities Fund, the “FUND SUMMARIES – Annual Fund Operating Expenses” table on page 26 is updated as follows:</p> </div> falsefalsefalsefalsefalseOtherus-types:textBlockItemTypestringSupplement Text Block 4No authoritative reference available.falsefalse16false0rr_AnnualFundOperatingExpensesTableTextBlockrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1falsefalsefalse00~ http://xbrl.sec.gov/rr/role/OperatingExpensesData column dei_LegalEntityAxis compact fist_S000006854Member column rr_ProspectusShareClassAxis compact * row primary compact * ~falsefalse~ http://xbrl.sec.gov/rr/role/OperatingExpensesData column dei_LegalEntityAxis compact fist_S000006854Member column rr_ProspectusShareClassAxis compact * row primary compact * ~falsehttp://xbrl.sec.gov/rr/role/OperatingExpensesDatafalsefalse020020 - Schedule - Annual Fund Operating Expensestruefalsefalse1falseColumnperiodPeriod*Columndei_LegalEntityAxisAxisfist_S000006854MemberColumnrr_ProspectusShareClassAxisAxis*ColumnunitUnit*duration2011-03-01T00:00:002011-03-01T00:00:00falsefalseFranklin Limited Maturity U.S. Government Securities Funddei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldifist_S000006854Memberdei_LegalEntityAxisexplicitMemberfalsefalseClass Arr_ProspectusShareClassAxisxbrldihttp://xbrl.org/2006/xbrldifist_C000018521Memberrr_ProspectusShareClassAxisexplicitMemberFranklin Limited Maturity U.S. Government Securities FundClass AStandard0falseUSDfalsefalse$2falseColumnperiodPeriod*Columndei_LegalEntityAxisAxisfist_S000006854MemberColumnrr_ProspectusShareClassAxisAxis*ColumnunitUnit*duration2011-03-01T00:00:002011-03-01T00:00:00falsefalseFranklin Limited Maturity U.S. Government Securities Funddei_LegalEntityAxisxbrldihttp://xbrl.org/2006/xbrldifist_S000006854Memberdei_LegalEntityAxisexplicitMemberfalsefalseAdvisor Classrr_ProspectusShareClassAxisxbrldihttp://xbrl.org/2006/xbrldifist_C000018522Memberrr_ProspectusShareClassAxisexplicitMemberFranklin Limited Maturity U.S. Government Securities FundAdvisor ClassStandard0falseUSDfalsefalse$1falseRowprimaryElement*3false0rr_ManagementFeesOverAssetsrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.00500.0050falsefalsefalsetruefalse2truetruetrue0.00500.0050falsefalsefalsetruefalseOtherrr:NonNegativePure4TypepureManagement Fees include investment advisory fees (including any fees based on the Fund's performance), any other management fees payable to the investment adviser or its affiliates, and administrative fees payable to the investment adviser or its affiliates that are not included as "Other Expenses."Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subparagraph a -Subsection instructions falsefalse0rr_ManagementFeesOverAssetstruefalsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.00500.0050falsefalsefalsetruefalse2truetruetrue0.00500.0050falsefalsefalsetruefalseOthernanafalsefalse2falseRowprimaryElement*4false0rr_DistributionAndService12b1FeesOverAssetsrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.00100.0010falsefalsefalsetruefalse2truetruetrue0.000.00falsefalsefalsetruefalseOtherrr:NonNegativePure4TypepureDistribution [and/or Service] (12b-1) Fees" include all distribution or other expenses incurred during the most recent fiscal year under a plan adopted pursuant to rule 12b-1 [17 CFR 270.12b-1]. Under an appropriate caption or a subcaption of "Other Expenses," disclose the amount of any distribution or similar expenses deducted from the Fund's assets other than pursuant to a rule 12b-1 plan.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 9 -Subsection table falsefalse0rr_DistributionAndService12b1FeesOverAssetstruefalsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.00100.0010falsefalsefalsetruefalse2truetruetrue0.000.00falsefalsefalsetruefalseOthernanafalsefalse3falseRowprimaryElement*5false0rr_OtherExpensesOverAssetsrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.00190.0019falsefalsefalsetruefalse2truetruetrue0.00190.0019falsefalsefalsetruefalseOtherrr:NonNegativePure4Typepure"Other Expenses" include all expenses not otherwise disclosed in the table that are deducted from the Fund's assets or charged to all shareholder accounts. The amount of expenses deducted from the Fund's assets are the amounts shown as expenses in the Fund's statement of operations (including increases resulting from complying with paragraph 2(g) of rule 6-07 of Regulation S-X [17 CFR 210.6-07]). "Other Expenses" do not include extraordinary expenses as determined under generally accepted accounting principles (see Accounting Principles Board Opinion No. 30). If extraordinary expenses were incurred that materially affected the Fund's "Other Expenses," disclose in a footnote to the table what "Other Expenses" would have been had the extraordinary expenses been included.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subparagraph c -Clause i -Subsection instructions falsefalse0rr_OtherExpensesOverAssetstruefalsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.00190.0019falsefalsefalsetruefalse2truetruetrue0.00190.0019falsefalsefalsetruefalseOthernanafalsefalse4falseRowprimaryElement*6false0rr_AcquiredFundFeesAndExpensesOverAssetsrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.00010.0001[1]falsefalsefalsetruefalse2truetruetrue0.00010.0001[1]falsefalsefalsetruefalseOtherrr:NonNegativePure4TypepureTotal Annual Fund Operating Expenses.Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 1 -Subparagraph 11 -Subsection table falsefalse0rr_AcquiredFundFeesAndExpensesOverAssetstruefalsefalsefalsefalsefalsefalsefalsefalsefalsefalse[1]1truetruetrue0.00010.0001falsefalsefalsetruefalse2truetruetrue0.00010.0001falsefalsefalsetruefalseOthernanafalsefalse5falseRowprimaryElement*7false0rr_ExpensesOverAssetsrrfalsenadurationNo definition available.falsefalsefalsefalsefalsefalsefalsefalsefalsefalse1truetruetrue0.00800.0080[1]falsefalsefalsetruefalse2truetruetrue0.00700.0070[1]falsefalsefalsetruefalseOtherrr:NonNegativePure4TypepureTotal Annual Fund Operating Expenses. If the Fund is a Feeder Fund, reflect the aggregate expenses of the Feeder Fund and the Master Fund in a single fee table using the captions provided. In a footnote to the fee table, state that the table and Example reflect the expenses of both the Feeder and Master Funds. If the prospectus offers more than one Class of a Multiple Class Fund or more than one Feeder Fund that invests in the same Master Fund, provide a separate response for each Class or Feeder Fund. Base the percentages of "Annual Fund Operating Expenses" on amounts incurred during the Fund's most recent fiscal year, but include in expenses amounts that would have been incurred absent expense reimbursement or fee waiver arrangements. If the Fund has changed its fiscal year and, as a result, the most recent fiscal year is less than three months, use the fiscal year prior to the most recent fiscal year as the basis for determining "Annual Fund Operating Expenses."Reference 1: 1 -Publisher SEC -Name Form -Number N-1A -Chapter A -Section 3 -Paragraph 3 -Subparagraph d -Subsection instructions falsefalse0rr_ExpensesOverAssetstruefalsefalsefalsefalsefalsefalsefalsefalsefalsefalse[1]1truetruetrue0.00800.0080falsefalsefalsetruefalse2truetruetrue0.00700.0070falsefalsefalsetruefalseOthernanafalsefalse1Total annual Fund operating expenses differ from the ratio of expenses to average net assets shown in the Financial Highlights, which reflect the operating expenses of the Fund and do not include acquired fund fees and expenses.25Annual Fund Operating Expenses Franklin Limited Maturity U.S. Government Securities FundUnKnownUnKnownUnKnownUnKnownfalsetrueColumnperiodPeriod*Columndei_LegalEntityAxisAxisfist_S000006854MemberColumnrr_ProspectusShareClassAxisAxis*ColumnunitUnit*RowprimaryElement*falsefalsefalseOtherus-types:textBlockItemTypestringContains a command for the SEC Viewer for the role corresponding to OperatingExpensesData.No authoritative reference available.falsefalse112Risk/Return SummaryUnKnownUnKnownUnKnownUnKnownfalsetrue XML 11 FilingSummary.xml IDEA: XBRL DOCUMENT 2.2.0.25 true Sheet 010000 - 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