FPOHX: Franklin Payout 2020 Advisor

Welcome to MutualFunds.com. Please help us personalize your experience.

Select the one that best describes you

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission, we hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

FPOHX Franklin Payout 2020 Advisor

  • Fund
  • FPOHX
  • Price as of: Jan 17, 2020
  • $10.01
    - $0.00 - 0.00%

Profile

FPOHX - Profile

Vitals

  • YTD Return 0.2%
  • 3 Yr Annualized Return 0.0%
  • 5 Yr Annualized Return N/A
  • Net Assets $4.05 M
  • Holdings in Top 10 32.4%

52 WEEK LOW AND HIGH

$10.01
$9.87
$10.18

Expenses

OPERATING RELATED FEES

  • Expense Ratio 3.23%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 6.50%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Target Maturity

Distributions

  • YTD Total Return 0.2%
  • 3 Yr Annualized Total Return 1.3%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.06%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Franklin Payout 2020 Fund Advisor Class
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    Jun 01, 2015
  • Shares Outstanding
    202763
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Yuen

Fund Description

Under normal market conditions, the fund invests predominantly in U.S. dollar denominated investment grade debt securities and investments, including government and corporate debt securities and asset-backed securities and municipal securities. It focuses on investment grade securities and investments or in unrated securities and investments the investment manager determines are of comparable quality.


Get Updates About FPOHX

Sign up for Advisor Access to receive email updates about FPOHX competitors, news, CE accredited webcasts and more.

Please Enter Your Email
Please Select Your Advisor Type

Categories

Performance

FPOHX - Performance

Return Ranking - Trailing

Period FPOHX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.2% -1.7% 4.8% 71.55%
1 Yr 1.5% -10.2% 47.4% 90.54%
3 Yr 0.0%* -9.1% 15.1% 82.62%
5 Yr N/A* -7.9% 24.2% N/A
10 Yr N/A* -5.8% 13.7% N/A

* Annualized

Return Ranking - Calendar

Period FPOHX Return Category Return Low Category Return High Rank in Category (%)
2019 1.4% -10.2% 62.6% 89.71%
2018 -1.4% -53.1% 2.2% 4.96%
2017 -0.1% -9.1% 20.0% 93.80%
2016 1.5% -12.3% 219.0% 69.19%
2015 N/A -29.9% 14.0% N/A

Total Return Ranking - Trailing

Period FPOHX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.2% -1.7% 4.8% 71.55%
1 Yr 1.5% -10.2% 47.4% 90.26%
3 Yr 1.3%* -9.1% 15.1% 68.52%
5 Yr N/A* -7.7% 32.8% N/A
10 Yr N/A* -5.8% 14.1% N/A

* Annualized

Total Return Ranking - Calendar

Period FPOHX Return Category Return Low Category Return High Rank in Category (%)
2019 1.4% -10.2% 62.6% 89.71%
2018 0.7% -53.1% 3.8% 2.86%
2017 1.9% -6.6% 21.6% 89.45%
2016 3.5% -12.3% 242.1% 61.25%
2015 N/A -29.9% 22.6% N/A

NAV & Total Return History


Holdings

FPOHX - Holdings

Concentration Analysis

FPOHX Category Low Category High FPOHX % Rank
Net Assets 4.05 M 907 K 14.3 B 96.72%
Number of Holdings 47 5 3801 82.90%
Net Assets in Top 10 1.32 M -101 M 17.7 B 95.90%
Weighting of Top 10 32.39% 5.6% 1055.7% 57.18%

Top 10 Holdings

  1. United States Treasury Notes 2.38% 5.07%
  2. Federal Home Loan Banks 3.12% 4.99%
  3. United States Treasury Notes 2.62% 3.60%
  4. United States Treasury Notes 2% 3.58%
  5. Morgan Stanley 5.5% 2.57%
  6. JPMorgan Chase & Co. 4.25% 2.52%
  7. Emerson Electric Co. 4.25% 2.52%
  8. Hershey Co (The) 4.12% 2.52%
  9. TransCanada Pipelines Limited 3.8% 2.51%
  10. Travelers Companies, Inc. 3.9% 2.51%

Asset Allocation

Weighting Return Low Return High FPOHX % Rank
Bonds
94.92% 80.04% 1025.08% 47.33%
Cash
5.09% -1000.79% 21.44% 35.57%
Stocks
0.00% -6.36% 110.51% 86.59%
Preferred Stocks
0.00% 0.00% 10.86% 85.64%
Other
0.00% -29.23% 67.70% 82.76%
Convertible Bonds
0.00% 0.00% 50.87% 93.30%

Bond Sector Breakdown

Weighting Return Low Return High FPOHX % Rank
Corporate
70.23% 0.00% 120.52% 8.07%
Government
24.68% -0.16% 263.38% 82.63%
Cash & Equivalents
5.09% -221.24% 51.46% 57.59%
Derivative
0.00% -6.01% 63.60% 88.24%
Securitized
0.00% 0.00% 89.51% 90.29%
Municipal
0.00% 0.00% 55.86% 85.36%

Bond Geographic Breakdown

Weighting Return Low Return High FPOHX % Rank
US
84.97% -30.83% 1120.91% 14.50%
Non US
9.95% -95.83% 193.82% 85.23%

Expenses

FPOHX - Expenses

Operational Fees

FPOHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.23% 0.01% 241.89% 7.31%
Management Fee 0.30% 0.00% 2.50% 8.65%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.50% 69.80%

Sales Fees

FPOHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.75% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FPOHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.75% 2.00% 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.

FPOHX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 6.50% 0.00% 2053.00% 5.25%

Distributions

FPOHX - Distributions

Dividend Yield Analysis

FPOHX Category Low Category High FPOHX % Rank
Dividend Yield 0.00% 0.00% 10.79% 94.66%

Dividend Distribution Analysis

FPOHX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

FPOHX Category Low Category High FPOHX % Rank
Net Income Ratio 2.06% -1.27% 8.91% 64.14%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

FPOHX - Fund Manager Analysis

Managers

David Yuen


Start Date

Tenure

Tenure Rank

Jun 01, 2015

4.59

4.6%

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

Thomas Runkel


Start Date

Tenure

Tenure Rank

Oct 15, 2019

0.21

0.2%

Tom Runkel, CFA Vice President Director of Portfolio Strategies Franklin Templeton Portfolio Advisors, Inc. San Mateo, California, United States Tom Runkel is a vice president and director of portfolio strategies and the lead portfolio manager for all the SMA Taxable Fixed Income strategies and supervises the Taxable Fixed Portfolio Management team. Prior to joining FPA in 2006, Mr. Runkel founded Runkel Funds, Inc. in 2002 and managed a large-cap value fund until late 2005. Prior to that, Mr. Runkel spent 19 years at Franklin Templeton during which time he was 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 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.

Tina Chou


Start Date

Tenure

Tenure Rank

Oct 15, 2019

0.21

0.2%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 29.02 5.87 10.34