Franklin K2 Global Macro Opps A
Name
As ofPrice
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
0.0%
1 yr return
2.9%
3 Yr Avg Return
-0.6%
5 Yr Avg Return
N/A
Net Assets
$24.5 M
Holdings in Top 10
32.4%
52 WEEK LOW AND HIGH
N/A
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 3.97%
SALES FEES
Front Load 5.50%
Deferred Load N/A
TRADING FEES
Turnover 132.88%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FKMAX - Profile
Distributions
- YTD Total Return 0.0%
- 3 Yr Annualized Total Return -0.6%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.34%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameFranklin K2 Global Macro Opportunities Fund
-
Fund Family NameFranklin Templeton Investments
-
Inception DateJul 11, 2016
-
Shares Outstanding14140
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
Fund Description
FKMAX - Performance
Return Ranking - Trailing
| Period | FKMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.0% | -15.9% | 7.0% | 30.32% |
| 1 Yr | 2.9% | -12.9% | 9.5% | 34.42% |
| 3 Yr | -0.6%* | -9.0% | 5.8% | 50.76% |
| 5 Yr | N/A* | -5.0% | 5.8% | N/A |
| 10 Yr | N/A* | -3.8% | 5.4% | N/A |
* Annualized
Return Ranking - Calendar
| Period | FKMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 2.5% | -1.3% | 25.8% | 95.42% |
| 2022 | -2.1% | -19.3% | -2.0% | 1.44% |
| 2021 | -2.2% | -3.1% | 29.4% | 94.49% |
| 2020 | N/A | -17.0% | 7.3% | N/A |
| 2019 | N/A | -14.3% | 0.0% | N/A |
Total Return Ranking - Trailing
| Period | FKMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.0% | -15.9% | 7.0% | 30.32% |
| 1 Yr | 2.9% | -12.9% | 9.5% | 34.42% |
| 3 Yr | -0.6%* | -8.8% | 5.8% | 62.12% |
| 5 Yr | N/A* | -5.0% | 7.3% | N/A |
| 10 Yr | N/A* | -3.8% | 8.8% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | FKMAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 2.5% | -1.3% | 25.8% | 95.42% |
| 2022 | -2.1% | -19.0% | -2.0% | 1.44% |
| 2021 | -2.2% | -3.1% | 29.4% | 98.43% |
| 2020 | N/A | -9.5% | 16.4% | N/A |
| 2019 | N/A | -14.3% | 3.5% | N/A |
FKMAX - Holdings
Concentration Analysis
| FKMAX | Category Low | Category High | FKMAX % Rank | |
|---|---|---|---|---|
| Net Assets | 24.5 M | 1.73 M | 171 B | 89.03% |
| Number of Holdings | 140 | 58 | 2783 | 74.19% |
| Net Assets in Top 10 | 7.4 M | -2.66 B | 26.7 B | 70.97% |
| Weighting of Top 10 | 32.37% | 9.3% | 98.3% | 41.22% |
Top 10 Holdings
- K2 Gmof Holdings Corporation - 11.89%
- K2 Gmof Holdings Corporation - 10.86%
- Russian Federation 7.25% 1.82%
- Bank of India (Jersey Branch) 3.12% 1.75%
- Bluestar Finance Holdings Limited 4.38% 1.15%
- CCCI Treasure Ltd 3.5% 1.10%
- DianJian Haiyu Limited 3% 1.09%
- Bank of India London Branch 6.25% 0.91%
- Industrial and Commercial Bank of China (Asia) Limited 5.12% 0.90%
- PowerChina Real Estate Group Limited 4.5% 0.90%
Asset Allocation
| Weighting | Return Low | Return High | FKMAX % Rank | |
|---|---|---|---|---|
| Cash | 50.88% | 0.62% | 50.88% | 0.65% |
| Bonds | 25.57% | 21.82% | 59.25% | 87.10% |
| Stocks | 22.67% | 22.67% | 69.58% | 97.42% |
| Convertible Bonds | 0.88% | -0.01% | 8.21% | 21.29% |
| Preferred Stocks | 0.00% | 0.00% | 6.45% | 61.94% |
| Other | 0.00% | -3.73% | 9.71% | 71.61% |
FKMAX - Expenses
Operational Fees
| FKMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 3.97% | 0.09% | 26.19% | 4.55% |
| Management Fee | 1.90% | 0.00% | 1.90% | 97.42% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 13.10% |
| Administrative Fee | 0.15% | 0.01% | 0.20% | 82.95% |
Sales Fees
| FKMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 5.50% | 2.50% | 5.75% | 43.48% |
| Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
| FKMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| FKMAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 132.88% | 8.00% | 145.00% | 93.51% |
FKMAX - Distributions
Dividend Yield Analysis
| FKMAX | Category Low | Category High | FKMAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 3.26% | 24.52% |
Dividend Distribution Analysis
| FKMAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Quarterly | Quarterly | Quarterly |
Net Income Ratio Analysis
| FKMAX | Category Low | Category High | FKMAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.34% | -0.35% | 4.16% | 96.10% |
Capital Gain Distribution Analysis
| FKMAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Semi-Annually | Semi-Annually |