X0101 EFFECT 33 LIVE 2009-07-27 15:15:00

N-14

0000809707 FRANKLIN INVESTORS SECURITIES TRUST 333-160119 0000809707 FRANKLIN INVESTORS SECURITIES TRUST S000006857 FRANKLIN TOTAL RETURN FUND C000018526 CLASS A 0000798290 HSBC INVESTOR FUNDS S000005037 HSBC Investor Core Plus Fixed Income Fund C000013746 A Shares 0000809707 FRANKLIN INVESTORS SECURITIES TRUST S000006857 FRANKLIN TOTAL RETURN FUND C000018526 CLASS A 0000798290 HSBC INVESTOR FUNDS S000005037 HSBC Investor Core Plus Fixed Income Fund C000013747 B Shares 0000809707 FRANKLIN INVESTORS SECURITIES TRUST S000006857 FRANKLIN TOTAL RETURN FUND C000018526 CLASS A 0000798290 HSBC INVESTOR FUNDS S000005040 HSBC Investor Intermediate Duration Fixed Income Fund C000013755 A Shares 0000809707 FRANKLIN INVESTORS SECURITIES TRUST S000006857 FRANKLIN TOTAL RETURN FUND C000018526 CLASS A 0000798290 HSBC INVESTOR FUNDS S000005040 HSBC Investor Intermediate Duration Fixed Income Fund C000013757 B Shares 0000809707 FRANKLIN INVESTORS SECURITIES TRUST S000006857 FRANKLIN TOTAL RETURN FUND C000018528 CLASS C 0000798290 HSBC INVESTOR FUNDS S000005037 HSBC Investor Core Plus Fixed Income Fund C000013748 C Shares 0000809707 FRANKLIN INVESTORS SECURITIES TRUST S000006857 FRANKLIN TOTAL RETURN FUND C000018528 CLASS C 0000798290 HSBC INVESTOR FUNDS S000005040 HSBC Investor Intermediate Duration Fixed Income Fund C000013758 C Shares 0000809707 FRANKLIN INVESTORS SECURITIES TRUST S000006857 FRANKLIN TOTAL RETURN FUND C000018529 ADVISOR CLASS 0000798290 HSBC INVESTOR FUNDS S000005040 HSBC Investor Intermediate Duration Fixed Income Fund C000013756 I Shares 0000809707 FRANKLIN INVESTORS SECURITIES TRUST S000006857 FRANKLIN TOTAL RETURN FUND C000018529 ADVISOR CLASS 0001010296 HSBC ADVISOR FUNDS TRUST S000009283 Core Plus Fixed Income Fund C000025345 Class I Shares