FKFSX: Franklin US Government Secs A

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FKFSX Franklin US Government Secs A


Profile

FKFSX - Profile

Vitals

  • YTD Return 2.5%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $4.79 B
  • Holdings in Top 10 44.7%

52 WEEK LOW AND HIGH

$6.18
$5.99
$6.19

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.89%

SALES FEES

  • Front Load 3.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 41.34%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification


Distributions

  • YTD Total Return 2.5%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.36%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Franklin U.S. Government Securities Fund
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    Sep 10, 2018
  • Shares Outstanding
    117405151
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Paul Varunok

Fund Description

The fund normally invests at least 80% of its net assets in U.S. government securities. It invests substantially all of its assets in Government National Mortgage Association obligations (Ginnie Maes). The mortgage loans may have either fixed or adjustable interest rates. As the underlying mortgage loans are paid off, Ginnie Maes provide investors with monthly payments of interest and principal as well as any unscheduled prepayments on the underlying mortgage loans.


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Categories

Performance

FKFSX - Performance

Return Ranking - Trailing

Period FKFSX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -2.4% 8.6% 70.94%
1 Yr 3.3% -2.7% 11.0% 88.18%
3 Yr N/A* -1.9% 3.4% 18.97%
5 Yr N/A* -15.1% 1.8% 18.24%
10 Yr N/A* -2.1% 1.5% 18.75%

* Annualized

Return Ranking - Calendar

Period FKFSX Return Category Return Low Category Return High Rank in Category (%)
2019 2.4% -0.4% 4.9% 88.56%
2018 N/A -3.4% -0.7% N/A
2017 N/A -2.3% 0.9% N/A
2016 N/A -9.3% 1.4% N/A
2015 N/A -4.5% 3.3% N/A

Total Return Ranking - Trailing

Period FKFSX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -2.4% 8.6% 70.94%
1 Yr 3.3% -2.7% 11.0% 88.18%
3 Yr N/A* -1.3% 4.8% 63.79%
5 Yr N/A* -15.1% 3.6% 30.19%
10 Yr N/A* -2.1% 3.7% 28.47%

* Annualized

Total Return Ranking - Calendar

Period FKFSX Return Category Return Low Category Return High Rank in Category (%)
2019 2.6% -0.2% 4.9% 83.58%
2018 N/A -3.4% 3.0% N/A
2017 N/A -1.9% 2.8% N/A
2016 N/A -9.3% 1.5% N/A
2015 N/A -4.5% 3.3% N/A

NAV & Total Return History


Holdings

FKFSX - Holdings

Concentration Analysis

FKFSX Category Low Category High FKFSX % Rank
Net Assets 4.79 B 1.31 M 25.5 B 14.22%
Number of Holdings 6639 2 15554 3.43%
Net Assets in Top 10 2.14 B 0 7.2 B 13.73%
Weighting of Top 10 44.66% 0.0% 100.0% 27.78%

Top 10 Holdings

  1. Government National Mortgage Association 3.5% 11.30%
  2. Government National Mortgage Association 3.5% 11.20%
  3. Government National Mortgage Association 3% 4.21%
  4. Government National Mortgage Association 4% 4.09%
  5. Government National Mortgage Association 4% 2.91%
  6. Government National Mortgage Association 3% 2.31%
  7. Government National Mortgage Association 3% 2.28%
  8. Government National Mortgage Association 3.5% 2.26%
  9. Government National Mortgage Association 3.5% 2.05%
  10. Government National Mortgage Association 3% 2.04%

Asset Allocation

Weighting Return Low Return High FKFSX % Rank
Bonds
97.90% 0.00% 140.64% 37.75%
Cash
2.10% -40.55% 100.00% 63.24%
Stocks
0.00% -0.16% 11.35% 54.41%
Preferred Stocks
0.00% 0.00% 0.01% 57.35%
Other
0.00% -36.30% 18.06% 58.82%
Convertible Bonds
0.00% 0.00% 0.24% 58.33%

Bond Sector Breakdown

Weighting Return Low Return High FKFSX % Rank
Securitized
97.41% 0.00% 99.75% 5.88%
Cash & Equivalents
2.10% 0.00% 100.00% 67.65%
Government
0.49% 0.00% 100.00% 82.35%
Derivative
0.00% 0.00% 10.87% 62.75%
Corporate
0.00% 0.00% 6.26% 71.57%
Municipal
0.00% 0.00% 15.90% 67.16%

Bond Geographic Breakdown

Weighting Return Low Return High FKFSX % Rank
US
97.90% 0.00% 139.29% 37.75%
Non US
0.00% 0.00% 5.41% 70.10%

Expenses

FKFSX - Expenses

Operational Fees

FKFSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.89% 0.03% 5.18% 43.59%
Management Fee 0.45% 0.00% 0.85% 68.63%
12b-1 Fee 0.25% 0.00% 1.00% 43.24%
Administrative Fee 0.15% 0.01% 0.45% 79.52%

Sales Fees

FKFSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.75% 1.00% 4.75% 58.06%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

FKFSX 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.

FKFSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 41.34% 0.00% 420.00% 38.10%

Distributions

FKFSX - Distributions

Dividend Yield Analysis

FKFSX Category Low Category High FKFSX % Rank
Dividend Yield 0.00% 0.00% 2.41% 65.69%

Dividend Distribution Analysis

FKFSX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

FKFSX Category Low Category High FKFSX % Rank
Net Income Ratio 2.36% 0.34% 2.99% 26.11%

Capital Gain Distribution Analysis

FKFSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

FKFSX - Fund Manager Analysis

Managers

Paul Varunok


Start Date

Tenure

Tenure Rank

Dec 31, 2003

16.34

16.3%

Mr. Varunok is portfolio manager of Franklin Advisers. He joined Franklin Templeton Investments in 2001. Previously, Varunok was a fixed-income analyst for Prudential Securities, Inc.

Neil Dhruv


Start Date

Tenure

Tenure Rank

Oct 24, 2019

0.52

0.5%

Portfolio Manager of FT Institutional and portfolio manager of FRANKLIN STRATEGIC MORTGAGE PORTFOLIO since October 2019.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 29.55 7.96 5.26