Franklin Payout 2022 Advisor
Name
As of 09/28/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-4.1%
1 yr return
0.3%
3 Yr Avg Return
3.9%
5 Yr Avg Return
N/A
Net Assets
$3.65 M
Holdings in Top 10
45.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.45%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 3.12%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 09/28/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FPOQX - Profile
Distributions
- YTD Total Return -4.1%
- 3 Yr Annualized Total Return 3.9%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.18%
- Dividend Yield 1.4%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameFranklin Payout 2022 Fund
-
Fund Family NameFranklin Templeton Investments
-
Inception DateJan 23, 2018
-
Shares Outstanding175000
-
Share ClassAdv
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDavid Yuen
Fund Description
FPOQX - Performance
Return Ranking - Trailing
Period | FPOQX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -4.1% | -100.0% | 8.7% | 98.41% |
1 Yr | 0.3% | -3.8% | 24.9% | 94.86% |
3 Yr | 3.9%* | 1.4% | 10.9% | 88.37% |
5 Yr | N/A* | 0.8% | 9.1% | N/A |
10 Yr | N/A* | 2.5% | 7.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | FPOQX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.7% | -15.2% | 12.6% | 85.33% |
2022 | 4.1% | -1.1% | 13.9% | 86.77% |
2021 | N/A | -13.1% | 0.1% | N/A |
2020 | N/A | -12.3% | 10.3% | N/A |
2019 | N/A | -74.7% | 5.6% | N/A |
Total Return Ranking - Trailing
Period | FPOQX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -4.1% | -100.0% | 8.7% | 98.41% |
1 Yr | 0.3% | -3.8% | 24.9% | 92.34% |
3 Yr | 3.9%* | 0.5% | 10.9% | 86.80% |
5 Yr | N/A* | 0.2% | 9.1% | N/A |
10 Yr | N/A* | 2.5% | 7.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FPOQX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.7% | -15.2% | 12.6% | 85.33% |
2022 | 4.1% | -1.1% | 13.9% | 86.77% |
2021 | N/A | -12.9% | 0.3% | N/A |
2020 | N/A | -12.3% | 12.7% | N/A |
2019 | N/A | -2.2% | 8.9% | N/A |
NAV & Total Return History
FPOQX - Holdings
Concentration Analysis
FPOQX | Category Low | Category High | FPOQX % Rank | |
---|---|---|---|---|
Net Assets | 3.65 M | 129 K | 16.7 B | 97.28% |
Number of Holdings | 36 | 2 | 1564 | 25.29% |
Net Assets in Top 10 | 1.66 M | 104 K | 16.6 B | 99.22% |
Weighting of Top 10 | 45.44% | 4.5% | 100.0% | 76.82% |
Top 10 Holdings
- Franklin IFT Money Market 13.38%
- United States Treasury Notes 2% 4.77%
- United States Treasury Notes 1.62% 4.74%
- Federal Home Loan Banks 2.5% 4.24%
- Federal Home Loan Banks 1.88% 4.20%
- MetLife Inc. 3.05% 2.85%
- JPMorgan Chase & Co. 3.25% 2.83%
- International Business Machines Corporation 2.88% 2.82%
- American Express Company 2.65% 2.82%
- Caterpillar Financial Services Corporation 2.55% 2.82%
Asset Allocation
Weighting | Return Low | Return High | FPOQX % Rank | |
---|---|---|---|---|
Bonds | 86.79% | -9.67% | 127.57% | 21.79% |
Cash | 13.22% | -33.44% | 99.04% | 20.62% |
Stocks | 0.00% | 0.00% | 48.52% | 75.10% |
Preferred Stocks | 0.00% | 0.00% | 32.02% | 49.03% |
Other | 0.00% | -1.96% | 63.99% | 60.31% |
Convertible Bonds | 0.00% | 0.00% | 6.40% | 79.77% |
Bond Sector Breakdown
Weighting | Return Low | Return High | FPOQX % Rank | |
---|---|---|---|---|
Corporate | 58.94% | 0.00% | 99.97% | 8.95% |
Government | 23.50% | 0.00% | 99.84% | 58.37% |
Cash & Equivalents | 13.36% | 0.03% | 99.31% | 31.91% |
Securitized | 4.20% | 0.00% | 90.72% | 71.21% |
Derivative | 0.00% | 0.00% | 15.12% | 48.64% |
Municipal | 0.00% | 0.00% | 99.92% | 74.32% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | FPOQX % Rank | |
---|---|---|---|---|
US | 75.57% | -9.67% | 127.57% | 22.18% |
Non US | 11.22% | -15.81% | 18.51% | 23.35% |
FPOQX - Expenses
Operational Fees
FPOQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.45% | 0.06% | 3.21% | 48.06% |
Management Fee | 0.30% | 0.00% | 0.77% | 72.08% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.15% | 0.01% | 0.30% | 55.10% |
Sales Fees
FPOQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
FPOQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | 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.
FPOQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 3.12% | 0.00% | 130.00% | 15.77% |
FPOQX - Distributions
Dividend Yield Analysis
FPOQX | Category Low | Category High | FPOQX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.40% | 0.00% | 1.78% | 4.25% |
Dividend Distribution Analysis
FPOQX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Semi-Annually | Monthly | Monthly |
Net Income Ratio Analysis
FPOQX | Category Low | Category High | FPOQX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.18% | -0.09% | 7.19% | 29.02% |
Capital Gain Distribution Analysis
FPOQX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
FPOQX - Fund Manager Analysis
Managers
David Yuen
Start Date
Tenure
Tenure Rank
Jan 23, 2018
3.61
3.6%
David Yuen joined Franklin Templeton Investments in 2000.He was appointed Chief Investment Officer of Global Long/Short Absolute Return Strategy in 2010. Previously, he was co-CIO of US Large Cap Value Equities and CIO of the Advanced Value Fund (since 2009), as well as director of research for US Large Cap Value (since early 2008). Yuen had been the director of research for Emerging Markets Value since August 2002. He joined Bernstein in 1998 as a research analyst, covering the global retailing industry, and became a senior research analyst in 1999, covering retail, textile & apparel, gaming & lodging, and consumer appliances. Prior to joining Bernstein, Yuen worked as a senior vice president of The Coleman Company from 1994 to 1998. From 1988 to 1994, he was a consultant, then partner, at WKI, a management-consulting firm specializing in emerging-market strategies. Prior to that, Yuen was a consultant with Bain & Company. He received a BS in operations research from Columbia University’s School of Engineering in 1986. Location: New York
Tina Chou
Start Date
Tenure
Tenure Rank
Oct 15, 2019
1.88
1.9%
Thomas Runkel
Start Date
Tenure
Tenure Rank
Oct 15, 2019
1.88
1.9%
Tom Runkel is a vice president and portfolio manager for Franklin Templeton Investments. Mr. Runkel focuses on relative value security selection and allocation among the credit sectors for the multi-sector fixed income portfolios. He also serves as the director of portfolio strategies and the lead portfolio manager for the SMA Taxable Fixed Income strategies and supervises the Franklin SMA Taxable Fixed Income Portfolio Management team. Mr. Runkel joined Franklin in 1983 and served as a senior portfolio manager for Franklin's taxable money fund and investment grade fixed income assets as well as a trader for taxable fixed income and equity securities. Mr. Runkel founded Runkel Funds, Inc. in 2002 and managed a large-cap value fund until late 2005 before returning to Franklin in 2006. Mr. Runkel has an M.B.A. from the University of Santa Clara and earned a B.S. in political science from the University of California, Davis. He is a Chartered Financial Analyst (CFA) charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 16.84 | 5.1 | 3.0 |