Morningstar

Franklin Real Estate Securities Fund Class R6 FSERX

Medalist Rating as of Aug 31, 2026 See Franklin Templeton Investment Hub

Strategy

The investment seeks to maximize total return. Normally, the fund invests at least 80% of its net assets in equity securities of companies operating in the real estate industry predominantly in the United States, including: companies qualifying under federal tax law as real estate investment trusts (REITs); and companies that derive at least half of their assets or revenues from the ownership, construction, management, operation, development or sale of commercial or residential real estate (such as real estate operating or service companies, homebuilders, lodging providers, and developers). It is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
FRLAX	Franklin Real Estate Securities Fund Advisor Class	Institutional	Open			Dec 31, 1996	$27.15M	0.830%	Average	$100,000	−$4.02M
FREEX	Franklin Real Estate Securities Fund Class A	Front Load	Open			Jan 3, 1994	$170.72M	1.080%	Below Average	$1,000	−$26.69M
FRRSX	Franklin Real Estate Securities Fund Class C	Level Load	Open			May 1, 1995	$3.72M	1.830%	Below Average	$1,000	−$953,823.88
FSERX	Franklin Real Estate Securities Fund Class R6	Retirement, Large	Open			May 1, 2013	$14.37M	0.660%	Low	$1M	−$8.48M

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