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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$7.39

$9.69 M

8.75%

$0.65

-

Vitals

YTD Return

-22.9%

1 yr return

-5.5%

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$9.69 M

Holdings in Top 10

41.7%

52 WEEK LOW AND HIGH

$7.5
$7.39
$9.63

Expenses

OPERATING FEES

Expense Ratio N/A

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 32.50%

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

$7.39

$9.69 M

8.75%

$0.65

-

FQTIX - Profile

Distributions

  • YTD Total Return -22.9%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 7.01%
DIVIDENDS
  • Dividend Yield 8.8%
  • 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
    1138664
  • 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 -22.9% -57.5% 9.6% 95.34%
1 Yr -5.5% -37.5% 44.9% 60.24%
3 Yr N/A* -25.4% 17.4% N/A
5 Yr N/A* -15.8% 13.4% N/A
10 Yr N/A* 0.4% 9.0% N/A

* Annualized

Return Ranking - Calendar

Period FQTIX Return Category Return Low Category Return High Rank in Category (%)
2021 1.1% -47.5% 15.2% 19.80%
2020 -3.7% -56.9% 399.1% 92.87%
2019 N/A -53.7% 226.1% N/A
2018 N/A -33.7% 2.0% N/A
2017 N/A -9.5% 18.8% N/A

Total Return Ranking - Trailing

Period FQTIX Return Category Return Low Category Return High Rank in Category (%)
YTD -22.9% -57.5% 9.6% 95.34%
1 Yr -5.5% -37.5% 52.4% 51.59%
3 Yr N/A* -25.4% 16.3% N/A
5 Yr N/A* -15.8% 12.7% N/A
10 Yr N/A* 0.4% 9.0% N/A

* Annualized

Total Return Ranking - Calendar

Period FQTIX Return Category Return Low Category Return High Rank in Category (%)
2021 1.1% -47.5% 15.2% 19.94%
2020 -3.7% -56.9% 399.1% 92.87%
2019 N/A -53.7% 226.1% N/A
2018 N/A -33.7% 2.0% N/A
2017 N/A -9.4% 18.8% N/A

NAV & Total Return History


FQTIX - Holdings

Concentration Analysis

FQTIX Category Low Category High FQTIX % Rank
Net Assets 9.69 M 1.47 M 26.2 B 97.35%
Number of Holdings 59 2 2736 93.01%
Net Assets in Top 10 2.79 M -492 M 2.55 B 91.99%
Weighting of Top 10 41.71% 3.0% 100.0% 8.56%

Top 10 Holdings

  1. Franklin IFT Money Market 12.21%
  2. Tenet Healthcare Corporation 7% 8.58%
  3. Bausch Health Companies Inc 8.5% 5.66%
  4. Bausch Health Companies Inc 6.125% 5.45%
  5. Community Health Systems Incorporated 6.875% 4.99%
  6. Weatherford International Ltd Bermuda 8.75% 4.22%
  7. Government National Mortgage Association 3.5% 3.80%
  8. Government National Mortgage Association 3% 3.50%
  9. General Motors Company 6.12% 3.19%
  10. Community Health Systems Incorporated 8% 3.15%

Asset Allocation

Weighting Return Low Return High FQTIX % Rank
Bonds
84.30% 0.00% 154.38% 94.30%
Cash
8.74% -52.00% 100.00% 5.46%
Convertible Bonds
6.97% 0.00% 17.89% 1.65%
Stocks
0.00% -0.60% 52.82% 95.57%
Preferred Stocks
0.00% 0.00% 14.10% 90.98%
Other
0.00% -63.70% 32.06% 86.79%

Bond Sector Breakdown

Weighting Return Low Return High FQTIX % Rank
Corporate
85.61% 0.00% 100.00% 85.50%
Cash & Equivalents
14.39% 0.00% 99.98% 3.18%
Derivative
0.00% 0.00% 45.95% 86.39%
Securitized
0.00% 0.00% 97.24% 90.20%
Municipal
0.00% 0.00% 1.17% 81.93%
Government
0.00% 0.00% 99.07% 88.68%

Bond Geographic Breakdown

Weighting Return Low Return High FQTIX % Rank
US
79.64% 0.00% 150.64% 58.32%
Non US
4.66% 0.00% 96.17% 94.79%

FQTIX - Expenses

Operational Fees

FQTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio N/A 0.02% 4.67% 1.94%
Management Fee 0.00% 0.00% 1.84% 0.66%
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 1.00% 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 32.50% 1.00% 327.00% 8.56%

FQTIX - Distributions

Dividend Yield Analysis

FQTIX Category Low Category High FQTIX % Rank
Dividend Yield 8.75% 0.00% 30.27% 0.76%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

FQTIX Category Low Category High FQTIX % Rank
Net Income Ratio 7.01% -2.39% 14.30% 2.08%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

FQTIX - Fund Manager Analysis

Managers

Todd Brighton


Start Date

Tenure

Tenure Rank

Jun 03, 2019

2.99

3.0%

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

2.99

3.0%

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

2.99

3.0%

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
0.13 37.79 7.16 2.92