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FKUSX Franklin US Government Secs A1

  • Fund
  • FKUSX
  • Price as of: Jul 18, 2019
  • $6.05 + $0.01 + 0.17%
  • Category
  • Government Bonds

FKUSX - Profile

Vitals

  • YTD Return 2.7%
  • 3 Yr Annualized Return -1.7%
  • 5 Yr Annualized Return -1.5%
  • Net Assets $5.33 B
  • Holdings in Top 10 52.8%

52 WEEK LOW AND HIGH

$6.05
$5.77
$6.05

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.76%

SALES FEES

  • Front Load 3.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 44.67%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Sep 07, 2018

STANDARD (TAXABLE)

$1,000

IRA

$250

Investment Themes

CATEGORY

Government Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style Intermediate Government

Distributions

  • YTD Total Return 3.0%
  • 3 Yr Annualized Total Return 0.8%
  • 5 Yr Annualized Total Return 1.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.50%
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 May 29, 1970
  • Shares Outstanding 484105660
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Roger Bayston

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.

FKUSX - Performance

Return Ranking - Trailing

Period FKUSX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.7% -0.5% 19.9% 59.79%
1 Yr 2.4% -80.0% 10.2% 58.61%
3 Yr -1.7%* -41.5% 1.9% 87.18%
5 Yr -1.5%* -27.5% 3.4% 88.64%
10 Yr -0.9%* -14.9% 6.9% 84.93%

* Annualized


Return Ranking - Calendar

Period FKUSX Return Category Return Low Category Return High Rank in Category (%)
2018 -2.8% -80.0% 0.1% 76.56%
2017 -2.3% -2.9% 10.1% 98.90%
2016 -2.4% -9.3% 2.5% 92.31%
2015 -2.3% -46.1% 0.2% 80.22%
2014 0.8% -88.9% 41.3% 61.80%

Total Return Ranking - Trailing

Period FKUSX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -0.5% 19.9% 55.52%
1 Yr 4.0% -80.0% 10.2% 31.14%
3 Yr 0.8%* -41.5% 3.8% 12.45%
5 Yr 1.4%* -27.5% 3.5% 13.55%
10 Yr 2.4%* -14.9% 9.7% 10.50%

* Annualized


Total Return Ranking - Calendar

Period FKUSX Return Category Return Low Category Return High Rank in Category (%)
2018 0.0% -80.0% 3.0% 11.72%
2017 0.7% -2.2% 10.1% 22.34%
2016 0.7% -9.3% 5.1% 16.12%
2015 0.9% -46.1% 3.9% 5.13%
2014 4.3% -88.9% 41.3% 17.98%

NAV & Total Return History

FKUSX - Holdings

Concentration Analysis

FKUSX Category Low Category High FKUSX % Rank
Net Assets 5.33 B 1.26 M 22.2 B 10.99%
Number of Holdings 7179 7 15908 2.13%
Net Assets in Top 10 2.82 B -1.2 B 4.93 B 8.51%
Weighting of Top 10 52.78% 8.3% 425.3% 33.33%

Top 10 Holdings

  1. Government National Mortgage Association 3.5% 12.77%

  2. Government National Mortgage Association 3.5% 12.60%

  3. Government National Mortgage Association 4% 8.17%

  4. Government National Mortgage Association 3.5% 5.29%

  5. Government National Mortgage Association 3% 4.38%

  6. Government National Mortgage Association 3% 2.49%

  7. Government National Mortgage Association 3.5% 2.04%

  8. Government National Mortgage Association 4% 1.88%

  9. United States Treasury Bonds 4.75% 1.75%

  10. Government National Mortgage Association 3% 1.41%


Asset Allocation

Weighting Return Low Return High FKUSX % Rank
Bonds
96.58% 0.00% 156.49% 51.42%
Cash
3.42% -56.49% 69.74% 49.29%
Stocks
0.00% -0.22% 96.85% 53.55%
Preferred Stocks
0.00% 0.00% 3.11% 57.09%
Other
0.00% -43.10% 6.14% 56.03%
Convertible Bonds
0.00% 0.00% 3.65% 59.57%

Bond Sector Breakdown

Weighting Return Low Return High FKUSX % Rank
Securitized
94.83% 0.00% 159.61% 14.18%
Cash & Equivalents
3.42% -56.49% 70.56% 47.87%
Government
1.75% -56.38% 100.00% 71.28%
Derivative
0.00% -9.75% 14.05% 53.19%
Corporate
0.00% 0.00% 98.43% 74.47%
Municipal
0.00% 0.00% 86.81% 65.25%

Bond Geographic Breakdown

Weighting Return Low Return High FKUSX % Rank
US
96.58% 0.00% 155.87% 47.52%
Non US
0.00% -0.40% 23.63% 77.30%

FKUSX - Expenses

Operational Fees

FKUSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.76% 0.04% 3.79% 59.86%
Management Fee 0.45% 0.00% 0.80% 64.89%
12b-1 Fee 0.15% 0.00% 1.00% 21.08%
Administrative Fee 0.15% 0.00% 0.45% 75.95%

Sales Fees

FKUSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.75% 0.40% 4.75% 53.85%
Deferred Load N/A 0.50% 5.50% N/A

Trading Fees

FKUSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Turnover 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.

FKUSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 44.67% 0.00% 1450.00% 30.58%

FKUSX - Distributions

Dividend Yield Analysis

FKUSX Category Low Category High FKUSX % Rank
Dividend Yield 0.02% 0.00% 2.56% 33.69%

Dividend Distribution Analysis

FKUSX Category Low Category High Category Mode
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Dividend Payout History


Net Income Ratio Analysis

FKUSX Category Low Category High FKUSX % Rank
Net Income Ratio 2.50% 0.06% 4.99% 21.15%

Capital Gain Distribution Analysis

FKUSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

FKUSX - Managers

Roger Bayston

Manager

Start Date

Tenure

Tenure Rank

Sep 01, 1993

25.84

25.8%

Roger Bayston, CFA, is a senior vice president and a senior portfolio manager for Franklin Templeton Fixed Income Group. Mr. Bayston directs a staff performing research and trading responsibilities for government-, mortgage- and asset-backed securities. Before joining Franklin Templeton Investments in 1991, Mr. Bayston managed portfolios for Bankers Trust Company's Investment Management Group. Mr. Bayston holds a B.S. from the University of Virginia and an M.B.A. from the University of California at Los Angeles. He is a member of the Security Analysts of San Francisco and CFA Institute.


Paul Varunok

Manager

Start Date

Tenure

Tenure Rank

Dec 31, 2003

15.51

15.5%

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.


Tenure Analysis

Category Low

0.0

Category High

33.52

Category Average

7.41

Category Mode

0.33