Name
As of 02/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.1%
1 yr return
5.4%
3 Yr Avg Return
2.4%
5 Yr Avg Return
4.6%
Net Assets
$99.8 M
Holdings in Top 10
53.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.20%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 41.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
$1,000,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 02/16/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
LRRIX - Profile
Distributions
- YTD Total Return -0.1%
- 3 Yr Annualized Total Return 2.4%
- 5 Yr Annualized Total Return 4.6%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 0.44%
- Dividend Yield 3.2%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameFranklin Strategic Real Return Fund
-
Fund Family NameFRANKLIN TEMPLETON
-
Inception DateMar 01, 2010
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerS. Leech
Fund Description
• | Inflation-Linked Debt Securities (40%) |
• | Global Inflation-Sensitive Equity (20%) |
• | Commodity-Linked Securities (20%) |
• | Real Estate Investment Trusts (“REITs”) and Exchange-Traded Funds (“ETFs”) that invest in REITs (10%) |
• | Tactical Strategy (10%) |
LRRIX - Performance
Return Ranking - Trailing
Period | LRRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.1% | -2.9% | 11.2% | 69.87% |
1 Yr | 5.4% | -7.9% | 73.9% | 67.98% |
3 Yr | 2.4%* | -26.0% | 9.4% | 33.19% |
5 Yr | 4.6%* | -11.7% | 20.5% | 49.29% |
10 Yr | 1.7%* | -5.0% | 9.2% | 89.21% |
* Annualized
Return Ranking - Calendar
Period | LRRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.1% | -18.9% | 60.2% | 76.86% |
2022 | -18.6% | -48.5% | 0.1% | 65.94% |
2021 | -1.3% | -19.0% | 48.3% | 71.49% |
2020 | 1.5% | -16.5% | 52.8% | 75.12% |
2019 | 12.2% | -8.5% | 27.3% | 38.68% |
Total Return Ranking - Trailing
Period | LRRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.1% | -2.9% | 11.2% | 69.87% |
1 Yr | 5.4% | -7.9% | 73.9% | 67.98% |
3 Yr | 2.4%* | -26.0% | 9.4% | 33.19% |
5 Yr | 4.6%* | -11.7% | 20.5% | 49.29% |
10 Yr | 1.7%* | -5.0% | 9.2% | 89.21% |
* Annualized
Total Return Ranking - Calendar
Period | LRRIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.4% | -11.7% | 61.8% | 70.74% |
2022 | -9.5% | -48.5% | 4.6% | 23.14% |
2021 | 16.1% | -14.2% | 48.3% | 18.86% |
2020 | 3.8% | -11.7% | 77.4% | 76.04% |
2019 | 16.5% | -3.9% | 30.2% | 28.77% |
NAV & Total Return History
LRRIX - Holdings
Concentration Analysis
LRRIX | Category Low | Category High | LRRIX % Rank | |
---|---|---|---|---|
Net Assets | 99.8 M | 1.67 M | 13.2 B | 64.07% |
Number of Holdings | 238 | 2 | 1893 | 13.85% |
Net Assets in Top 10 | 53 M | -18.4 M | 10.1 B | 66.67% |
Weighting of Top 10 | 53.11% | -86.0% | 149.2% | 75.76% |
Top 10 Holdings
- STIT - Government Agency Portfolio 22.99%
- United States Treasury Inflation Indexed Bonds 5.27%
- United States Treasury Inflation Indexed Bonds 4.28%
- iShares Global Infrastructure ETF 4.07%
- United States Treasury Inflation Indexed Bonds 4.04%
- United States Treasury Inflation Indexed Bonds 3.03%
- United States Treasury Inflation Indexed Bonds 2.81%
- United States Treasury Inflation Indexed Bonds 2.61%
- United States Treasury Inflation Indexed Bonds 2.15%
- United States Treasury Inflation Indexed Bonds 1.87%
Asset Allocation
Weighting | Return Low | Return High | LRRIX % Rank | |
---|---|---|---|---|
Stocks | 56.74% | 0.00% | 135.63% | 69.26% |
Bonds | 42.20% | 0.00% | 106.59% | 16.88% |
Cash | 1.70% | -33.22% | 203.47% | 75.32% |
Preferred Stocks | 0.00% | 0.00% | 5.36% | 25.97% |
Convertible Bonds | 0.00% | 0.00% | 8.92% | 58.01% |
Other | -0.63% | -175.70% | 149.98% | 86.15% |
Stock Sector Breakdown
Weighting | Return Low | Return High | LRRIX % Rank | |
---|---|---|---|---|
Real Estate | 30.04% | 0.00% | 99.45% | 7.61% |
Technology | 14.78% | 0.00% | 85.77% | 56.35% |
Industrials | 10.81% | 0.00% | 23.85% | 26.90% |
Healthcare | 8.74% | 0.00% | 38.63% | 73.10% |
Financial Services | 6.55% | 0.00% | 98.22% | 82.74% |
Energy | 6.10% | 0.00% | 60.89% | 44.67% |
Basic Materials | 6.07% | 0.00% | 56.73% | 23.35% |
Consumer Cyclical | 6.05% | 0.00% | 25.83% | 61.42% |
Communication Services | 5.63% | 0.00% | 21.61% | 49.24% |
Consumer Defense | 5.22% | 0.00% | 37.51% | 60.41% |
Utilities | 0.01% | 0.00% | 91.12% | 86.29% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | LRRIX % Rank | |
---|---|---|---|---|
US | 49.83% | 0.00% | 135.63% | 69.70% |
Non US | 6.91% | -1.94% | 49.02% | 19.48% |
Bond Sector Breakdown
Weighting | Return Low | Return High | LRRIX % Rank | |
---|---|---|---|---|
Government | 21.83% | 0.00% | 99.78% | 56.71% |
Corporate | 1.10% | 0.00% | 98.28% | 59.31% |
Cash & Equivalents | 0.26% | 0.00% | 93.38% | 79.65% |
Securitized | 0.00% | 0.00% | 52.99% | 54.98% |
Municipal | 0.00% | 0.00% | 19.13% | 41.56% |
Derivative | -0.63% | -175.70% | 149.98% | 86.58% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | LRRIX % Rank | |
---|---|---|---|---|
US | 42.20% | 0.00% | 92.67% | 10.39% |
Non US | 0.00% | 0.00% | 29.59% | 28.57% |
LRRIX - Expenses
Operational Fees
LRRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.20% | 0.49% | 5.69% | 73.59% |
Management Fee | 0.75% | 0.00% | 1.50% | 38.53% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.05% | 0.70% | N/A |
Sales Fees
LRRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
LRRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 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.
LRRIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 41.00% | 1.75% | 441.00% | 20.74% |
LRRIX - Distributions
Dividend Yield Analysis
LRRIX | Category Low | Category High | LRRIX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.24% | 0.00% | 12.14% | 14.72% |
Dividend Distribution Analysis
LRRIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | Quarterly | Annual |
Net Income Ratio Analysis
LRRIX | Category Low | Category High | LRRIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.44% | -2.01% | 13.72% | 48.92% |
Capital Gain Distribution Analysis
LRRIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 22, 2021 | $1.280 | OrdinaryDividend |
Dec 22, 2020 | $0.168 | OrdinaryDividend |
Dec 18, 2019 | $0.061 | OrdinaryDividend |
Dec 05, 2019 | $0.371 | OrdinaryDividend |
Dec 19, 2018 | $0.534 | OrdinaryDividend |
Dec 20, 2017 | $0.165 | OrdinaryDividend |
Dec 23, 2014 | $0.036 | OrdinaryDividend |
Dec 27, 2012 | $0.073 | OrdinaryDividend |
Jun 19, 2012 | $0.003 | ExtraDividend |
Dec 29, 2011 | $0.106 | OrdinaryDividend |
Dec 29, 2010 | $0.547 | OrdinaryDividend |
LRRIX - Fund Manager Analysis
Managers
S. Leech
Start Date
Tenure
Tenure Rank
Mar 31, 2014
8.17
8.2%
– Western Asset Management Company, LLC – Chief Investment Officer, 1990– – Greenwich Capital Markets – Portfolio Manager, 1988–1990 – The First Boston Corporation – Fixed Income Manager, 1980–1988 – National Bank of Detroit – Portfolio Manager, 1977–1980 – The Wharton School, University of Pennsylvania, M.B.A., B.S., B.A., summa cum laude, 1972–1976
Joseph Giroux
Start Date
Tenure
Tenure Rank
May 30, 2014
8.01
8.0%
Joseph S. Giroux Member of the Portfolio Management team. Formerly a developed markets Portfolio Manager at Batterymarch Financial Management from 2012 to 2014. Prior to joining Batterymarch, he managed both US and non-US assets for 5 years at several firms—Golden Capital Management, Wells Capital Management and Evergreen Investments—that were affiliated with or acquired by Wells Fargo. He also served as a Portfolio Manager at TriPoint Asset Management and The Boston Company Asset Management. Education: BS in Computer Science from New England Institute of Technology.
Thomas Picciochi
Start Date
Tenure
Tenure Rank
May 30, 2014
8.01
8.0%
Tom Picciochi, CAIA Head of Multi-Asset Portfolio Management • Responsible for Multi-Asset portfolio management. • Formerly senior portfolio manager for Deutsche Asset Management’s Quantitative Strategies group, and member of the Global Tactical Asset Allocation Investment Oversight Committee and portfolio manager for Absolute Return Strategies from 1999 to 2010. Prior to joining Deutsche Asset Management, he held various research and analysis positions at State Street Global Advisors, FPL Energy, Barnett Bank, Trade Finance Corporation and Reserve Financial Management over a 13 year period. • Education: BA from University of Miami; MBA from University of Miami.
Frederick Marki
Start Date
Tenure
Tenure Rank
Aug 01, 2016
5.83
5.8%
Frederick R. Marki is a Portfolio manager of Western since 2005. He began his investment career in 1983 and has a BS from the Massachusetts Institute of Technology. Marki joined Western Asset in 2006. Prior to this, Marki was a director of Citigroup Asset Management and investment officer of the manager. and its predecessor companies.
Christopher Floyd
Start Date
Tenure
Tenure Rank
Feb 01, 2019
3.33
3.3%
Christopher W. Floyd, CFA Member of the Portfolio Management team. Formerly a developed markets Senior Portfolio Manager at Batterymarch Financial Management from 2012 to 2014. At Batterymarch, he also served as a Portfolio Manager from 2003 to 2012 and and Quantitative Analyst from 2000 to 2003. Prior to joining Batterymarch, he performed market analysis at Urban & Associates and worked with retirement plans at Bay State Federal Savings Bank. Education: BA in Economics from Dartmouth College; MBA from Cornell University.
Laura Green
Start Date
Tenure
Tenure Rank
Aug 07, 2021
0.81
0.8%
Laura Green, CFA Portfolio Manager • Member of the Portfolio Management group. During this time, she held portfolio manager and portfolio assistant positions. • Formerly at Deutsche Asset Management from 2007 – 2010. • Education: BA from University of Pennsylvania. "Laura Green is a vice president and portfolio manager within Franklin Templeton Investment Solutions. Ms. Green is responsible for asset allocation (multi-asset) strategies, including target-date, target-risk, volatility-controlled, ESG and customized solutions. Prior to joining Franklin Templeton, Ms. Green was a member of the Portfolio Management team at QS Investors, a quantitative multi-asset and equity manager, where she was responsible for managing similar strategies. QS Investors combined with Franklin Templeton Multi-Asset Solutions in October 2020 to create Franklin Templeton Investment Solutions. Before joining QS Investors in 2010, Ms .Green was a member of its predecessor, Deutsche Asset Management Quantitative Strategies group, where she held portfolio manager and portfolio assistant positions. Ms. Green holds a bachelor of arts in communication from the University of Pennsylvania. She also holds the Chartered Financial Analyst (CFA) designation"
Jacqueline Kenney
Start Date
Tenure
Tenure Rank
Aug 07, 2021
0.81
0.8%
Jacqueline Hurley, CFA, is a Portfolio Manager and a member of the Portfolio Management Group within QS Investors. Formerly at Deutsche Asset Management from 2008 – 2010. Prior to joining Deutsche Asset Management, she had 4 years of experience as a consultant at Bearing Point and Accenture. Ms. Hurley holds a B.A. in Computer Science from Colgate University and an M.B.A. in inance and Accounting from University of Michigan, Ross School of Business.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 33.83 | 6.56 | 13.0 |