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Morningstar

Franklin Equity Income A FISEX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 28.31  /  0.32 %
  • Total Assets 3.6 Bil
  • Adj. Expense Ratio
    0.830%
  • Expense Ratio 0.830%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Large Value
  • Investment Style Large Value
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.38%
  • Turnover 25%

USD | NAV as of Sep 25, 2023 | 1-Day Return as of Sep 25, 2023, 10:12 PM GMT+0

Morningstar’s Analysis FISEX

Will FISEX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FISEX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the FISEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of FISEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Hybrid securities boost yield and ease volatility at this decent income strategy.

Analyst Drew Carter

Drew Carter

Analyst

Summary

Franklin Equity Income augments its steady stock-picking approach with hybrid securities that boost yield, earning its two cheaper share classes a Morningstar Analyst Rating of Bronze, while the remaining shares are rated Neutral.

by Drew Carter
Rated on Published on

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Portfolio Holdings FISEX

More FISEX Holdings
  • Current Portfolio Date
  • Equity Holdings 65
  • Bond Holdings 3
  • Other Holdings 12
  • % Assets in Top 10 Holdings 30.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

JPMorgan Chase & Co

4.41
167,042,700
Financial Services

Johnson & Johnson

3.63
137,374,600
Healthcare

Chevron Corp

3.54
134,201,200
Energy

Morgan Stanley

3.47
131,388,600
Financial Services

Franklin IFT Money Market

3.03
114,845,597
Cash and Equivalents

Procter & Gamble Co

2.91
110,191,500
Consumer Defensive

Broadcom Inc

2.54
96,155,550
Technology

RTX Corp

2.53
95,843,700
Industrials

Oracle Corp

2.46
93,197,850
Technology

United Parcel Service Inc Class B

2.37
89,822,400
Industrials