Because of a technical error, the Analyst Rating for one or more share classes of this fund was incorrect. We have resolved the error and corrected the Analyst Rating for all share classes affected by it. For further details, go to morningstar.com/learn/ar. Franklin Utilities stands out in its Morningstar Category for its experienced managers and disciplined approach, though it’s not distinctive enough from its benchmark to earn the highest Process score.
Franklin Utilities Adv FRUAX
NAV / 1-Day Return
18.49
/
2.12
%
Total Assets
6.1 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
22.16
years
Category
Utilities
Investment Style
Mid ValueMin. Initial Investment
100,000
Status
Open
TTM Yield
2.86%
Turnover
12%
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.
An excellent utilities strategy with a cautious approach.
