The Franklin Strategic Income Fund Class C (FSGCX) is a mutual fund that focuses on generating income for investors through a diversified portfolio of fixed-income securities. This fund is managed by Franklin Templeton Investments and aims to provide a steady stream of income while also seeking capital appreciation. The fund may invest in a variety of fixed-income securities, including government and corporate bonds, mortgage-backed securities, and high-yield bonds. It may also invest in foreign securities and use various strategies, such as credit analysis and interest rate management, to achieve its investment objectives. The Class C shares of this fund have a lower expense ratio compared to other share classes, making it a more cost-effective option for investors. Overall, the Franklin Strategic Income Fund Class C offers a balanced approach to income generation and capital growth for investors seeking a conservative investment option.