Morningstar

Franklin Equity Income Fund Class R FREIX

Morningstar Medalist Rating
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Medalist Rating as of See Franklin Templeton Investment Hub
  • NAV / 1-Day Return $37.30  /  +0.05 %
  • Fund Size $4.9B
  • Adjusted Expense Ratio 1.050%
  • Net Expense Ratio 1.040%
  • Fee Level: Distribution Below Average
  • Share Class Type Retirement, Medium
  • Morningstar Category Large Value
  • Equity Style Box (Funds) Large Value
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 1.28%
  • Turnover Ratio 33%
NAV and 1-Day Return as of

Morningstar’s Analysis FREIX

Will FREIX outperform in the 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 FREIX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FREIX 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 FREIX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Steady, with a yield boost.

Analyst Drew Carter

Drew Carter

Analyst

Summary

Franklin Equity Income’s steady approach and income-boosting efforts make it a decent option at the right price for large-value investors, especially those focused on yield.

by Drew Carter
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Portfolio Holdings FREIX

More FREIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 31.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

5.41 259M
Technology

Amazon.com Inc

4.70 225M
Consumer Cyclical

JPMorgan Chase & Co

3.73 179M
Financial Services

Johnson & Johnson

3.16 152M
Healthcare

Apple Inc

3.06 147M
Technology

Bank of America Corp

2.85 137M
Financial Services

Morgan Stanley

2.22 106M
Financial Services

Chevron Corp

2.17 104M
Energy

Philip Morris International Inc

2.06 99M
Consumer Defensive

Cisco Systems Inc

2.01 96M
Technology

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