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Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

Franklin Templeton SMACS: Series I

FQTIX | Fund

$9.56

$3.68 M

7.05%

$0.67

-

Vitals

YTD Return

0.8%

1 yr return

17.0%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$3.68 M

Holdings in Top 10

51.9%

52 WEEK LOW AND HIGH

$9.6
$8.94
$9.79

Expenses

OPERATING FEES

Expense Ratio N/A

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 43.24%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$0

IRA

N/A

Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

High Yield Bond

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

Franklin Templeton SMACS: Series I

FQTIX | Fund

$9.56

$3.68 M

7.05%

$0.67

-

FQTIX - Profile

Distributions

  • YTD Total Return 0.8%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.96%
DIVIDENDS
  • Dividend Yield 7.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    Franklin Templeton SMACS: Series I
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    Jun 03, 2019
  • Shares Outstanding
    381109
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Todd Brighton

Fund Description

Under normal market conditions, the fund invests predominantly in debt securities. It may invest up to 100% of its total assets in debt securities that are rated below investment grade (also known as "junk bonds"), including a portion in defaulted securities. The fund may also invest up to 25% of its assets in foreign securities. It is non-diversified.

FQTIX - Performance

Return Ranking - Trailing

Period FQTIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.8% -69.1% 18.4% 33.98%
1 Yr 17.0% -16.2% 44.9% 5.63%
3 Yr N/A* -14.6% 17.4% N/A
5 Yr N/A* -7.1% 13.4% N/A
10 Yr N/A* 2.5% 10.8% N/A

* Annualized

Return Ranking - Calendar

Period FQTIX Return Category Return Low Category Return High Rank in Category (%)
2020 -3.7% -75.1% 399.1% 88.24%
2019 N/A -56.9% 226.1% N/A
2018 N/A -61.3% -0.4% N/A
2017 N/A -49.0% 18.8% N/A
2016 N/A -25.2% 28.6% N/A

Total Return Ranking - Trailing

Period FQTIX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.8% -69.1% 18.4% 34.50%
1 Yr 17.0% -18.7% 52.4% 6.65%
3 Yr N/A* -14.6% 16.3% N/A
5 Yr N/A* -7.1% 12.7% N/A
10 Yr N/A* 2.5% 10.8% N/A

* Annualized

Total Return Ranking - Calendar

Period FQTIX Return Category Return Low Category Return High Rank in Category (%)
2020 -3.7% -75.1% 399.1% 88.24%
2019 N/A -56.9% 23.9% N/A
2018 N/A -61.3% 0.9% N/A
2017 N/A -49.0% 18.8% N/A
2016 N/A -25.2% 39.0% N/A

NAV & Total Return History

FQTIX - Holdings

Concentration Analysis

FQTIX Category Low Category High FQTIX % Rank
Net Assets 3.68 M 3.09 M 29.8 B 99.73%
Number of Holdings 36 1 2534 89.60%
Net Assets in Top 10 1.83 M -557 M 4.07 B 92.20%
Weighting of Top 10 51.94% 2.6% 100.0% 9.60%

Top 10 Holdings

  1. Community Health Systems Incorporated 6.875% 11.62%
  2. Tenet Healthcare Corporation 7% 8.58%
  3. Community Health Systems Incorporated 8% 5.39%
  4. Weatherford International Ltd Bermuda 6.5% 5.12%
  5. Community Health Systems Incorporated 8% 4.52%
  6. Clear Channel Outdoor Holdings Inc New 7.75% 4.49%
  7. Tenet Healthcare Corporation 6.125% 4.48%
  8. Franklin IFT Money Market 4.44%
  9. BWAY Holding Company 7.25% 4.24%
  10. Bausch Health Companies Inc 6.125% 4.23%

Asset Allocation

Weighting Return Low Return High FQTIX % Rank
Bonds 		103.81% 0.00% 149.08% 2.60%
Stocks 		0.00% 0.00% 38.15% 89.85%
Preferred Stocks 		0.00% 0.00% 13.89% 85.77%
Other 		0.00% -53.57% 32.06% 74.26%
Convertible Bonds 		0.00% 0.00% 18.19% 98.27%
Cash 		-3.81% -46.64% 100.00% 96.04%

Bond Sector Breakdown

Weighting Return Low Return High FQTIX % Rank
Corporate 		93.17% 0.00% 100.00% 64.81%
Cash & Equivalents 		4.10% 0.00% 100.00% 41.02%
Securitized 		2.73% 0.00% 94.09% 15.37%
Derivative 		0.00% 0.00% 42.24% 77.57%
Municipal 		0.00% 0.00% 11.89% 71.13%
Government 		0.00% 0.00% 76.79% 80.30%

Bond Geographic Breakdown

Weighting Return Low Return High FQTIX % Rank
US 		103.81% 0.00% 135.50% 0.74%
Non US 		0.00% 0.00% 96.92% 99.13%

FQTIX - Expenses

Operational Fees

FQTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.03% 4.79% 1.94%
Management Fee 0.00% 0.00% 1.84% 0.41%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

FQTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 0.00% 5.50% N/A

Trading Fees

FQTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

FQTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 43.24% 0.00% 347.00% 16.06%

FQTIX - Distributions

Dividend Yield Analysis

FQTIX Category Low Category High FQTIX % Rank
Dividend Yield 7.05% 0.00% 34.04% 70.52%

Dividend Distribution Analysis

FQTIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Monthly Monthly Monthly

Net Income Ratio Analysis

FQTIX Category Low Category High FQTIX % Rank
Net Income Ratio 3.96% -2.39% 10.53% 84.06%

Capital Gain Distribution Analysis

FQTIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Monthly Semi-Monthly

Dividend Payout History

View More +

FQTIX - Fund Manager Analysis

Managers

Todd Brighton

Start Date

Tenure

Tenure Rank

Jun 03, 2019

2.33

2.3%

Todd Brighton is a vice president, portfolio manager and research analyst for Franklin Templeton Multi-Asset Solutions. He is the lead manager of the Franklin Liberty US Low Volatility ETF. Mr. Brighton analyzes equity and equity-linked investments for the Core/Hybrid team and specializes in the development of volatility-based strategies. Mr. Brighton joined Franklin Templeton in 2000. He is a Chartered Financial Analyst (CFA) charterholder and a member of the CFA Institute and the CFA Society of San Francisco.

Brendan Circle

Start Date

Tenure

Tenure Rank

Jun 03, 2019

2.33

2.3%

Brendan Circle is a vice president, portfolio manager, and research analyst for Franklin Templeton Multi-Asset Solutions. In this role, Mr. Circle serves as a comanager of Franklin Income Fund and related portfolios, as well as Franklin Managed Income Fund. He also specializes in analyzing investment opportunities across the fixed income markets for the Multi-Asset Solutions team. Mr. Circle joined Franklin Templeton in 2014. Mr. Circle is a Chartered Financial Analyst (CFA) Charterholder, as well as a member of the CFA Institute and the CFA Society of San Francisco.

Edward Perks

Start Date

Tenure

Tenure Rank

Jun 03, 2019

2.33

2.3%

Edward Perks is chief investment officer of Franklin Templeton Investment Solutions and president of Franklin Advisers, Inc. In this role, Mr. Perks has oversight of myriad multi-asset investment capabilities designed to meet client needs for specific investment solutions. Mr. Perks joined Franklin Templeton in 1992. Mr. Perks holds a B.A. in economics and political science from Yale University. He is a Chartered Financial Analyst (CFA) charterholder, a member of the CFA Institute, and the Security Analysts of San Francisco (SASF).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 37.13 6.87 2.25

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