Franklin Utilities remains in very experienced hands, but its relatively bland approach has limitations. As a result, its Process rating drops to Average from Above Average, and its Morningstar Analyst Rating falls to Bronze or Neutral, depending on share class fees.
Franklin Utilities Adv FRUAX
NAV / 1-Day Return
21.31
/
0.98
%
Total Assets
6.7 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.580%
Expense Ratio
0.580%
Fee Level
Low
Longest Manager Tenure
23.07
years
Category
Utilities
Investment Style
Mid ValueMin. Initial Investment
100,000
Status
Open
TTM Yield
2.29%
Turnover
5%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will FRUAX 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 FRUAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FRUAX 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 FRUAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Seasoned managers; humdrum approach.
