# EDGAR Filing Document

**Accession Number:** 0000809707
**File Stem:** 0001655589-25-000151
**Filing Date:** 2025-10
**Character Count:** 4245
**Document Hash:** 6b1418d665d7b0c8422ffdab02a4af26
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001655589-25-000151.hdr.sgml**: 20251031

**ACCESSION NUMBER**: 0001655589-25-000151

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251031

**DATE AS OF CHANGE**: 20251031

**EFFECTIVENESS DATE**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Franklin Investors Securities Trust
- **CENTRAL INDEX KEY:** 0000809707

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** FL
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-11444
- **FILM NUMBER:** 251438376

**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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FRANKLIN INVESTORS SECURITIES TRUST
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### FRANKLIN EQUITY INCOME FUND (Series ID: S000006852)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000018513 | Class A       | FISEX           |
| C000018515 | Class C       | FRETX           |
| C000018516 | Class R       | FREIX           |
| C000064443 | Advisor Class | FEIFX           |
| C000128878 | Class R6      | FEIQX           |

#### GOF-P36 10/25

#### FRANKLIN INVESTORS SECURITIES TRUST

#### FRANKLIN TEMPLETON VARIABLE INSURANCE

#### PRODUCTS TRUST

#### SUPPLEMENT DATED OCTOBER 31, 2025

#### TO THE SUMMARY PROSPECTUS, PROSPECTUS AND

#### STATEMENT OF ADDITIONAL INFORMATION ("SAI")

#### OF EACH FUND LISTED IN SCHEDULE A
<br>**Effective October 31, 2025, the following changes are made to the Summary Prospectus, Prospectus and SAI of each fund listed in Schedule A:**

**1. The following is added to the section titled "Fund Summary – Portfolio Managers" in each fund's Summary Prospectus and Prospectus:** 

**Daniel Nuckles, CFA, CPA**<br>Portfolio Manager of Advisers and portfolio manager of the Fund since October 2025.

**2. The following is added to the section titled "Fund Details – Management" in each fund's Prospectus:**

**Daniel Nuckles, CFA, CPA Portfolio Manager of Advisers**<br>Mr. Nuckles has been a portfolio manager of the Fund since October 2025, providing research and advice on the purchases and sales of individual securities, and portfolio risk assessment. He joined Franklin Templeton in 2005.

**3. The following is added to the section titled "Management and Other Services – Portfolio managers" in each fund's SAI:** 

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| | | | | | |
|:---|:---|:---|:---|:---|:---|
| **Name** | **Type of<br>Account** | **Number of**<br>**Accounts**<br>**Managed** | **Total Assets**<br>**Managed**<br>**(x $1 million)** | **Number of Accounts** <br>**Managed for which** <br>**Advisory Fee is** <br>**Performance-Based** | **Assets Managed for which** <br>**Advisory Fee is** <br>**Performance-Based** <br>**(x $1 million)** |
| Daniel Nuckles\* | Registered<br>Investment<br>Companies |  |  |  |  |
|  | Other Pooled<br>Investment<br>Vehicles |  |  |  |  |
|  | Other<br>Accounts |  |  |  |  |

---

\*Information is provided as of September 30, 2025.

4. The following is added to the section titled "Management and Other Services – Portfolio managers – Ownership of Fund shares" in each fund's SAI:

As of September 30, 2025, Daniel Nuckles did not own any shares of the Fund.

**<u>SCHEDULE A</u>** 

---

| | | |
|:---|:---|:---|
| **Fund**<br>| **Date of** <br>**Summary Prospectus, Prospectus and SAI** | **Date of** <br>**Summary Prospectus, Prospectus and SAI** |
| **<u>FRANKLIN INVESTORS SECURITIES TRUST</u>** | **<u>FRANKLIN INVESTORS SECURITIES TRUST</u>** |  |
| Franklin Equity Income Fund | Franklin Equity Income Fund | March 1, 2025 |
| **<u>FRANKLIN TEMPLETON VARIABLE INSURANCE</u>**<br> **<u>PRODUCTS TRUST</u>** | **<u>FRANKLIN TEMPLETON VARIABLE INSURANCE</u>**<br> **<u>PRODUCTS TRUST</u>** |  |
| Franklin Growth and Income VIP Fund | Franklin Growth and Income VIP Fund | May 1, 2025 |

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#### Please retain this supplement for future reference.

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