SCHEDULE 14A INFORMATION
Proxy Statement Pursuant to Section 14(a)
of the Securities Exchange Act of 1934
Filed by the Registrant [x]
Filed by a Party other than the Registrant [ ]
Check the appropriate box:
[ ] Preliminary Proxy Statement
[ ] Definitive Proxy Statement
[x] Definitive Additional Materials
[ ] Soliciting Material Pursuant to ss.240-14a-11(c) or ss.240-14a-12
Franklin Tax-Advantaged High Yield Securities Fund
(Name of Registrant as Specified In its Charter)
Franklin Tax-Advantaged High Yield Securities Fund
(Name of Person(s) Filing Proxy Statement)
Payment of Filing Fee (Check the appropriate box):
[ ] $125 per Exchange Act Rules 0-11(c)(1)(ii), 14a-(i)(1), or 14a-6(j)(2)
[ ] $500 per each party to the controversy pursuant to Exchange Act Rule
14a-6(i)(3)
[ ] Fee computed on table below per Exchange Act Rules 14a-6(i)(4) and 0-11
(1) Title of each class of securities to which Transaction applies:
(2) Aggregate number of securities to which transaction applies:
(3) Per unit price or other underlying value of transaction computed
pursuant to Exchange Act Rule 0-11:1
(4) Proposed maximum aggregate value of transaction:
(5) Total fee paid:
[ ] Fee paid previously with preliminary material.
[ ] Check box if any part of the fee is offset as provided by Exchange Act
Rule 0-11(a)(2) and identify the filing for which the offsetting fee was
paid previously. Identify the previous filing by registration statement
number, or the Form or Schedule and the date of its filing.
1) Amount Previously Paid:
2) Form, Schedule or Registration Statement No.:
3) Filing Party:
4) Date Filed:
FRANKLIN TEMPLETON GROUP
FRANKLIN TAX-ADVANTAGED HIGH YIELD
SECURITIES FUND
SPECIAL MEETING OF PARTNERS
April 18, 1997
IMMEDIATE ATTENTION REQUIRED
Dear Partner:
We have not yet received your vote for the upcoming Special Meeting of Partners
scheduled to be APRIL 18, 1997. IT IS CRITICAL THAT YOU VOTE YOUR PROXY.
Contrary to many shareholder's belief, all votes are vital no matter how many
shares you hold and YOUR SHARES CANNOT BE REPRESENTED UNLESS WE RECEIVE VOTING
INSTRUCTIONS FROM YOU. In order for your shares to be represented, you need to
vote on or before Friday, April 18, 1997. For your convenience, we have
established three easy methods by which to register your vote.
1. BY PHONE Simply call Shareholder Communications Corporation toll-free,
at 1-800-733-8481, EXTENSION 448. Operators can take your vote over
the phone, Monday thru Friday between the hours of 9:00 a.m. and 11:00
p.m. EST.
OR
2. BY FAX Send your executed proxy to us at 1-800-733-1885, anytime.
OR
3. BY MAIL Simply return your executed proxy in the enclosed
self-addressed stamped envelope.
We urge you to act promptly so that we can obtain a sufficient number of votes
to hold the meeting as scheduled and avoid any possible meeting adjournments.
Your prompt attention benefits all Partners.
Thank you.
