X0101 EFFECT 33 LIVE 2014-02-28 0001379491-14-000231 485APOS 0000809707 FRANKLIN INVESTORS SECURITIES TRUST 033-11444 S000006850 FRANKLIN ADJUSTABLE U.S. GOVERNMENT SECURITIES FUND C000018509 CLASS A S000006850 FRANKLIN ADJUSTABLE U.S. GOVERNMENT SECURITIES FUND C000018510 CLASS C S000006850 FRANKLIN ADJUSTABLE U.S. GOVERNMENT SECURITIES FUND C000064441 ADVISOR CLASS S000006850 FRANKLIN ADJUSTABLE U.S. GOVERNMENT SECURITIES FUND C000133492 Class R6 S000006850 FRANKLIN ADJUSTABLE U.S. GOVERNMENT SECURITIES FUND C000140480 Class A1 S000006851 FRANKLIN CONVERTIBLE SECURITIES FUND C000018511 CLASS A S000006851 FRANKLIN CONVERTIBLE SECURITIES FUND C000018512 CLASS C S000006851 FRANKLIN CONVERTIBLE SECURITIES FUND C000064442 ADVISOR CLASS S000006851 FRANKLIN CONVERTIBLE SECURITIES FUND C000141439 Class R6 S000006852 FRANKLIN EQUITY INCOME FUND C000018513 CLASS A S000006852 FRANKLIN EQUITY INCOME FUND C000018515 CLASS C S000006852 FRANKLIN EQUITY INCOME FUND C000018516 CLASS R S000006852 FRANKLIN EQUITY INCOME FUND C000064443 ADVISOR CLASS S000006852 FRANKLIN EQUITY INCOME FUND C000128878 Class R6 S000006853 FRANKLIN FLOATING RATE DAILY ACCESS FUND C000018517 CLASS A S000006853 FRANKLIN FLOATING RATE DAILY ACCESS FUND C000018519 CLASS C S000006853 FRANKLIN FLOATING RATE DAILY ACCESS FUND C000018520 ADVISOR CLASS S000006853 FRANKLIN FLOATING RATE DAILY ACCESS FUND C000128879 Class R6 S000006854 FRANKLIN LIMITED MATURITY U.S. GOVERNMENT SECURITIES FUND C000018521 CLASS A S000006854 FRANKLIN LIMITED MATURITY U.S. GOVERNMENT SECURITIES FUND C000018522 ADVISOR CLASS S000006854 FRANKLIN LIMITED MATURITY U.S. GOVERNMENT SECURITIES FUND C000128880 Class R6 S000006855 FRANKLIN LOW DURATION TOTAL RETURN FUND C000018523 CLASS A S000006855 FRANKLIN LOW DURATION TOTAL RETURN FUND C000064444 ADVISOR CLASS S000006855 FRANKLIN LOW DURATION TOTAL RETURN FUND C000120960 Class C S000006855 FRANKLIN LOW DURATION TOTAL RETURN FUND C000128881 Class R6 S000006856 FRANKLIN REAL RETURN FUND C000018524 ADVISOR CLASS S000006856 FRANKLIN REAL RETURN FUND C000018525 CLASS A S000006856 FRANKLIN REAL RETURN FUND C000073537 CLASS C S000006856 FRANKLIN REAL RETURN FUND C000128882 Class R6 S000006857 FRANKLIN TOTAL RETURN FUND C000018526 CLASS A S000006857 FRANKLIN TOTAL RETURN FUND C000018528 CLASS C S000006857 FRANKLIN TOTAL RETURN FUND C000018529 ADVISOR CLASS S000006857 FRANKLIN TOTAL RETURN FUND C000018530 CLASS R S000006857 FRANKLIN TOTAL RETURN FUND C000128883 Class R6 S000012705 Franklin Balanced Fund C000034238 CLASS A S000012705 Franklin Balanced Fund C000034239 CLASS C S000012705 Franklin Balanced Fund C000034240 CLASS R S000012705 Franklin Balanced Fund C000034241 ADVISOR CLASS S000012705 Franklin Balanced Fund C000128884 Class R6