<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE FRANKLIN
INVESTORS SECURITIES TRUST OCTOBER 31, 2000 ANNUAL REPORT AND IS QUALIFIED IN
ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.
</LEGEND>
<SERIES>
<NUMBER> 014
<NAME> FRANKLIN SHORT-INTERMEDIATE U.S. GOVT SECURITIES FUND - ADVISOR CLASS
<S> <C>
<PERIOD-TYPE> YEAR
<FISCAL-YEAR-END> OCT-31-2000
<PERIOD-END> OCT-31-2000
<INVESTMENTS-AT-COST> 142,319,843
<INVESTMENTS-AT-VALUE> 142,609,968
<RECEIVABLES> 1,399,129
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 144,009,097
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 880,402
<TOTAL-LIABILITIES> 880,402
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 150,700,436
<SHARES-COMMON-STOCK> 147,149
<SHARES-COMMON-PRIOR> 135,439
<ACCUMULATED-NII-CURRENT> 177,762
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> (8,039,628)
<ACCUM-APPREC-OR-DEPREC> 290,125
<NET-ASSETS> 143,128,695
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 10,225,677
<OTHER-INCOME> 0
<EXPENSES-NET> (1,328,031)
<NET-INVESTMENT-INCOME> 8,897,646
<REALIZED-GAINS-CURRENT> (2,364,551)
<APPREC-INCREASE-CURRENT> 2,139,300
<NET-CHANGE-FROM-OPS> 8,672,395
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (93,801)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 62,186
<NUMBER-OF-SHARES-REDEEMED> (58,653)
<SHARES-REINVESTED> 8,177
<NET-CHANGE-IN-ASSETS> (34,352,217)
<ACCUMULATED-NII-PRIOR> 587,841
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (5,675,077)
<GROSS-ADVISORY-FEES> (905,933)
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> (1,328,031)
<AVERAGE-NET-ASSETS> 157,190,116
<PER-SHARE-NAV-BEGIN> 10.100
<PER-SHARE-NII> .570<F1>
<PER-SHARE-GAIN-APPREC> .010
<PER-SHARE-DIVIDEND> (.600)
<PER-SHARE-DISTRIBUTIONS> .000
<RETURNS-OF-CAPITAL> .000
<PER-SHARE-NAV-END> 10.080
<EXPENSE-RATIO> .750
<FN>
<F1>BASED ON AVERAGE SHARES OUTSTANDING>
</FN>
</TABLE>
