Advertisement
Skip to Content
Morningstar

Franklin Convertible Securities C FROTX

Morningstar Analyst Rating
Quantitative rating as of
  • NAV / 1-Day Return 19.79  /  0.92 %
  • Total Assets 2.9 Bil
  • Adj. Expense Ratio
    1.570%
  • Expense Ratio 1.580%
  • Distribution Fee Level Low
  • Share Class Type Level Load
  • Category Convertibles
  • Investment Style —
  • Min. Initial Investment 1,000
  • Status Limited
  • TTM Yield 0.00
  • Turnover 7%

USD | NAV as of Jan 31, 2023 | 1-Day Return as of Jan 31, 2023, 11:12 PM GMT+00:00

Morningstar’s Analysis FROTX

Will FROTX 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 FROTX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

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

Summary

|

Franklin Convertible Securities C's Average People Pillar and Process Pillar ratings aren't enough to prevent other weaknesses from sending this strategy to a Morningstar Quantitative Rating of Negative. Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

Unlock our full analysis with Morningstar Investor