Franklin Equity Income Fund Quote
| FREIX Fund | USD 30.42 0.01 0.03% |
Performance9 of 100
| Odds Of DistressLess than 19
|
Franklin Equity is trading at 30.42 as of the 19th of April 2024; that is -0.03 percent down since the beginning of the trading day. The fund's open price was 30.43. Franklin Equity has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Franklin Equity Income are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of April 2022 and ending today, the 19th of April 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in equity securities, including securities convertible into common stocks. It generally invests predominantly in common stocks, and the remainder of its assets in other equity-related instruments such as convertible securities and equity-linked notes . More on Franklin Equity Income
Moving together with Franklin Mutual Fund
| 0.97 | TEBIX | Franklin Mutual Beacon | PairCorr |
| 0.93 | TEDMX | Templeton Developing | PairCorr |
| 0.97 | TEDIX | Franklin Mutual Global | PairCorr |
| 0.95 | TEDSX | Franklin Mutual Global | PairCorr |
| 0.97 | TEDRX | Franklin Mutual Global | PairCorr |
| 0.97 | TEFRX | Templeton Foreign | PairCorr |
| 0.97 | TEFTX | Templeton Foreign | PairCorr |
Franklin Mutual Fund Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Franklin Equity's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Franklin Equity or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Franklin Templeton Investments Funds, Large Value Funds, Large Value, Franklin Templeton Investments (View all Sectors) |
| Update Date | 31st of March 2024 |
Franklin Equity Income [FREIX] is traded in USA and was established 19th of April 2024. Franklin Equity is listed under Franklin Templeton Investments category by Fama And French industry classification. The fund is listed under Large Value category and is part of Franklin Templeton Investments family. This fund currently has accumulated 2.26 B in assets under management (AUM) with no minimum investment requirementsFranklin Equity Me is currently producing year-to-date (YTD) return of 4.49% with the current yeild of 0.02%, while the total return for the last 3 years was 6.3%.
Check Franklin Equity Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Franklin Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Franklin Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Franklin Equity Income Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Franklin Equity Income Mutual Fund Constituents
| TFC | Truist Financial Corp | Stock | Financials |
| WFC | Wells Fargo | Stock | Financials |
| MSFT | Microsoft | Stock | Information Technology |
| VZ | Verizon Communications | Stock | Communication Services |
| UPS | United Parcel Service | Stock | Industrials |
| TGT | Target | Stock | Consumer Staples |
| RTX | Raytheon Technologies Corp | Stock | Industrials |
Franklin Equity Target Price Odds Analysis
Based on a normal probability distribution, the odds of Franklin Equity jumping above the current price in 90 days from now is about 44.6%. The Franklin Equity Income probability density function shows the probability of Franklin Equity mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Franklin Equity has a beta of 0.8919. This usually indicates Franklin Equity Income market returns are sensitive to returns on the market. As the market goes up or down, Franklin Equity is expected to follow. Additionally, franklin Equity Income has an alpha of 0.0181, implying that it can generate a 0.0181 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
Based on a normal probability distribution, the odds of Franklin Equity to move above the current price in 90 days from now is about 44.6 (This Franklin Equity Income probability density function shows the probability of Franklin Mutual Fund to fall within a particular range of prices over 90 days) .
Franklin Equity Me Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Franklin Equity market risk premium is the additional return an investor will receive from holding Franklin Equity long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Franklin Equity. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Franklin Equity's alpha and beta are two of the key measurements used to evaluate Franklin Equity's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.4438 | |||
| Semi Deviation | 0.5068 | |||
| Standard Deviation | 0.574 | |||
| Variance | 0.3294 |
Franklin Equity Against Markets
Picking the right benchmark for Franklin Equity mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Franklin Equity mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Franklin Equity is critical whether you are bullish or bearish towards Franklin Equity Income at a given time. Please also check how Franklin Equity's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Franklin Equity without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Franklin Mutual Fund?
Before investing in Franklin Equity, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Franklin Equity. To buy Franklin Equity fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Franklin Equity. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Franklin Equity fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Franklin Equity Income fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Franklin Equity Income fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Franklin Equity Income, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Franklin Equity Income?
The danger of trading Franklin Equity Income is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Franklin Equity is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Franklin Equity. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Franklin Equity Me is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Equity Income. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in gross domestic product. You can also try the Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.