Franklin Strategic Income’s reshaped team continues incorporating more quantitative resources, but the strategy often takes risks that have not paid off versus its typical multisector bond Morningstar Category peer over the long haul.
Franklin Strategic Income A FRSTX
- NAV / 1-Day Return 8.18 / +0.37 %
- Total Assets 2.6 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.930%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category Multisector Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 4.68%
- Effective Duration 4.07 years
USD | NAV as of May 03, 2024 | 1-Day Return as of May 03, 2024, 10:14 PM GMT+0
Morningstar’s Analysis FRSTX
Will FRSTX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 20.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
5 Year Treasury Note Future June 24 | 5.05 | 134.2 Mil | Government |
United States Treasury Notes 4% | 3.18 | 84.4 Mil | Government |
Government National Mortgage Association 2% | 2.89 | 76.8 Mil | Securitized |
10 Year Treasury Note Future June 24 | 2.86 | 76.0 Mil | Government |
United States Treasury Notes 1.5% | 2.44 | 64.9 Mil | Government |
Federal Home Loan Mortgage Corp. 4.5% | 2.04 | 54.2 Mil | Securitized |
Federal National Mortgage Association 5.5% | 1.94 | 51.6 Mil | Securitized |
United States Treasury Notes 3.875% | 1.64 | 43.6 Mil | Government |
United States Treasury Notes 2.75% | 1.40 | 37.2 Mil | Government |
Franklin IFT Money Market | 1.30 | 34.7 Mil | Cash and Equivalents |