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Morningstar

Franklin Equity Income R FREIX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 28.28  /  0.04 %
  • Total Assets 3.5 Bil
  • Adj. Expense Ratio
    1.080%
  • Expense Ratio 1.080%
  • Distribution Fee Level Below Average
  • Share Class Type Retirement, Medium
  • Category Large Value
  • Investment Style Large Value
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.38%
  • Turnover 25%

USD | NAV as of Nov 28, 2023 | 1-Day Return as of Nov 28, 2023, 11:14 PM GMT+0

Morningstar’s Analysis FREIX

Will FREIX 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 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.

A decent income strategy.

Analyst Drew Carter

Drew Carter

Analyst

Summary

Franklin Equity Income’s experienced managers add hybrid securities to boost the yield of this steady, large-value approach, making it a decent option for investors at the right price.

by Drew Carter
Rated on Published on

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Portfolio Holdings FREIX

More FREIX Holdings
  • Current Portfolio Date
  • Equity Holdings 66
  • Bond Holdings 1
  • Other Holdings 14
  • % Assets in Top 10 Holdings 29.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

JPMorgan Chase & Co

4.24
142,884,150
Financial Services

Chevron Corp

3.46
116,365,405
Energy

Johnson & Johnson

3.41
114,963,500
Healthcare

Franklin IFT Money Market

3.33
112,105,897
Cash and Equivalents

Morgan Stanley

3.18
106,938,200
Financial Services

Procter & Gamble Co

3.14
105,771,150
Consumer Defensive

Oracle Corp

2.66
89,441,000
Technology

Duke Energy Corp

2.47
83,112,150
Utilities

Broadcom Inc

2.45
82,538,397
Technology

Cisco Systems Inc

2.28
76,631,100
Technology