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FRANKLIN U.S. GOVERNMENT SECURITIES FUND
mutual fund
FKFSX
Payout Change
Pending
Price as of:
$4.99
-0.01
-0.2%
primary theme
Intermediate-Term U.S. Treasury Bond
share class
FKFSX (Mutual Fund)
FRANKLIN U.S. GOVERNMENT SECURITIES FUND
Payout Change
Pending
Price as of:
$4.99
-0.01
-0.2%
primary theme
Intermediate-Term U.S. Treasury Bond
share class
FKFSX (Mutual Fund)
FRANKLIN U.S. GOVERNMENT SECURITIES FUND
Payout Change
Pending
Price as of:
$4.99
-0.01
-0.2%
primary theme
Intermediate-Term U.S. Treasury Bond
share class
Name
As of 12/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
0.5%
1 yr return
1.5%
3 Yr Avg Return
-2.1%
5 Yr Avg Return
-1.0%
Net Assets
$2.47 B
Holdings in Top 10
40.2%
52 WEEK LOW AND HIGH
$5.0
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.87%
SALES FEES
Front Load 3.75%
Deferred Load N/A
TRADING FEES
Turnover 89.16%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$250
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/19/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
FKFSX - Profile
Distributions
- YTD Total Return 0.5%
- 3 Yr Annualized Total Return -2.1%
- 5 Yr Annualized Total Return -1.0%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.79%
- Dividend Yield 3.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameFRANKLIN U.S. GOVERNMENT SECURITIES FUND
-
Fund Family NameFranklin Templeton Group of Funds
-
Inception DateSep 10, 2018
-
Shares Outstanding146124056
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPaul Varunok
Fund Description
Under normal market conditions, the Fund invests at least 80% of its net assets in U.S. government securities. The Fund presently invests substantially all of its assets in Government National Mortgage Association obligations (Ginnie Maes). Ginnie Maes represent an ownership interest in mortgage loans pooled together for sale to investors to finance purchases of homes. The mortgage loans may have either fixed or adjustable interest rates. As the underlying mortgage loans are paid off, Ginnie Maes provide investors with monthly payments of interest and principal as well as any unscheduled prepayments on the underlying mortgage loans.
Ginnie Maes carry a guarantee as to the timely repayment of principal and interest that is backed by the full faith and credit of the U.S. government. The full faith and credit guarantee does not apply to the market prices and yields of the Ginnie Maes or to the net asset value or performance of the Fund, which will vary with changes in interest rates and other market conditions.
FKFSX - Performance
Return Ranking - Trailing
| Period | FKFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.5% | -3.9% | 15.8% | 63.84% |
| 1 Yr | 1.5% | -4.4% | 16.4% | 35.71% |
| 3 Yr | -2.1%* | -8.1% | 9.2% | 27.80% |
| 5 Yr | -1.0%* | -6.0% | 3.4% | 67.45% |
| 10 Yr | N/A* | -2.4% | 3.7% | 84.03% |
* Annualized
Return Ranking - Calendar
| Period | FKFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 1.2% | -1.0% | 22.1% | 50.89% |
| 2022 | -12.7% | -20.4% | -5.8% | 25.56% |
| 2021 | -4.3% | -7.1% | 16.6% | 83.03% |
| 2020 | 0.8% | -1.3% | 8.8% | 95.28% |
| 2019 | 2.4% | 0.3% | 7.1% | 78.95% |
Total Return Ranking - Trailing
| Period | FKFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.5% | -3.9% | 15.8% | 63.84% |
| 1 Yr | 1.5% | -4.4% | 16.4% | 35.71% |
| 3 Yr | -2.1%* | -8.1% | 9.2% | 27.80% |
| 5 Yr | -1.0%* | -6.0% | 3.4% | 67.45% |
| 10 Yr | N/A* | -2.4% | 3.7% | 91.29% |
* Annualized
Total Return Ranking - Calendar
| Period | FKFSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 4.3% | -0.5% | 28.8% | 51.79% |
| 2022 | -10.4% | -18.5% | -3.3% | 18.39% |
| 2021 | -2.2% | -4.5% | 25.3% | 70.18% |
| 2020 | 3.4% | -1.3% | 13.0% | 91.51% |
| 2019 | 5.3% | 1.8% | 11.3% | 74.16% |
NAV & Total Return History
FKFSX - Holdings
Concentration Analysis
| FKFSX | Category Low | Category High | FKFSX % Rank | |
|---|---|---|---|---|
| Net Assets | 2.47 B | 8.74 M | 134 B | 31.25% |
| Number of Holdings | 672 | 13 | 12380 | 41.52% |
| Net Assets in Top 10 | 960 M | 5.7 M | 55.6 B | 30.36% |
| Weighting of Top 10 | 40.24% | 6.2% | 99.3% | 33.93% |
Top 10 Holdings
- GNMA II, Single-family, 30 Year 7.22%
- GNMA II, Single-family, 30 Year 5.56%
- GNMA II, Single-family, 30 Year 4.65%
- GNMA I, 30 Year 4.47%
- GNMA II, Single-family, 30 Year 4.46%
- GNMA II, Single-family, 30 Year 3.10%
- GNMA II, Single-family, 30 Year 2.97%
- GNMA II, Single-family, 30 Year 2.89%
- GNMA II, Single-family, 30 Year 2.54%
- GNMA II, Single-family, 30 Year 2.40%
Asset Allocation
| Weighting | Return Low | Return High | FKFSX % Rank | |
|---|---|---|---|---|
| Bonds | 98.22% | 0.03% | 161.75% | 75.89% |
| Cash | 1.78% | -20.28% | 28.09% | 54.91% |
| Stocks | 0.00% | 0.00% | 95.39% | 62.50% |
| Preferred Stocks | 0.00% | 0.00% | 0.11% | 62.50% |
| Other | 0.00% | -20.46% | 42.16% | 74.55% |
| Convertible Bonds | 0.00% | 0.00% | 3.29% | 62.95% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FKFSX % Rank | |
|---|---|---|---|---|
| Securitized | 97.18% | 0.00% | 99.79% | 3.13% |
| Cash & Equivalents | 1.51% | 0.00% | 28.09% | 51.34% |
| Government | 0.51% | 0.00% | 100.00% | 91.52% |
| Derivative | 0.00% | -12.53% | 3.25% | 45.54% |
| Corporate | 0.00% | 0.00% | 9.48% | 75.00% |
| Municipal | 0.00% | 0.00% | 5.24% | 71.43% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FKFSX % Rank | |
|---|---|---|---|---|
| US | 98.22% | 0.03% | 161.75% | 75.89% |
| Non US | 0.00% | 0.00% | 2.20% | 62.50% |
FKFSX - Expenses
Operational Fees
| FKFSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.87% | 0.03% | 2.85% | 37.67% |
| Management Fee | 0.46% | 0.00% | 0.85% | 78.57% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 44.23% |
| Administrative Fee | 0.15% | 0.01% | 0.45% | 88.35% |
Sales Fees
| FKFSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | 3.75% | 2.00% | 4.50% | 66.67% |
| Deferred Load | N/A | 1.00% | 4.50% | N/A |
Trading Fees
| FKFSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 1.00% | 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.
| FKFSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 89.16% | 3.35% | 948.00% | 41.43% |
FKFSX - Distributions
Dividend Yield Analysis
| FKFSX | Category Low | Category High | FKFSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.96% | 0.00% | 4.94% | 60.71% |
Dividend Distribution Analysis
| FKFSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
| FKFSX | Category Low | Category High | FKFSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.79% | -0.80% | 2.96% | 47.98% |
Capital Gain Distribution Analysis
| FKFSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Nov 25, 2024 | $0.012 | OrdinaryDividend |
| Oct 28, 2024 | $0.016 | OrdinaryDividend |
| Sep 25, 2024 | $0.014 | OrdinaryDividend |
| Aug 27, 2024 | $0.014 | OrdinaryDividend |
| Apr 25, 2024 | $0.013 | OrdinaryDividend |
| Mar 25, 2024 | $0.014 | OrdinaryDividend |
| Feb 26, 2024 | $0.013 | OrdinaryDividend |
| Feb 26, 2024 | $0.013 | Extra |
| Jan 26, 2024 | $0.012 | OrdinaryDividend |
| Dec 26, 2023 | $0.013 | OrdinaryDividend |
| Nov 27, 2023 | $0.013 | OrdinaryDividend |
| Oct 26, 2023 | $0.013 | OrdinaryDividend |
| Sep 26, 2023 | $0.013 | OrdinaryDividend |
| Aug 28, 2023 | $0.013 | OrdinaryDividend |
| Jul 26, 2023 | $0.013 | OrdinaryDividend |
| Jun 27, 2023 | $0.013 | OrdinaryDividend |
| May 25, 2023 | $0.013 | OrdinaryDividend |
| Apr 25, 2023 | $0.013 | OrdinaryDividend |
| Mar 28, 2023 | $0.012 | OrdinaryDividend |
| Feb 23, 2023 | $0.012 | OrdinaryDividend |
| Jan 26, 2023 | $0.012 | OrdinaryDividend |
| Dec 27, 2022 | $0.012 | OrdinaryDividend |
| Nov 25, 2022 | $0.013 | OrdinaryDividend |
| Oct 26, 2022 | $0.012 | OrdinaryDividend |
| Sep 27, 2022 | $0.012 | OrdinaryDividend |
| Aug 26, 2022 | $0.012 | OrdinaryDividend |
| Jul 26, 2022 | $0.012 | OrdinaryDividend |
| Jun 27, 2022 | $0.012 | OrdinaryDividend |
| May 25, 2022 | $0.011 | OrdinaryDividend |
| Apr 26, 2022 | $0.011 | OrdinaryDividend |
| Mar 28, 2022 | $0.011 | OrdinaryDividend |
| Feb 23, 2022 | $0.011 | OrdinaryDividend |
| Jan 26, 2022 | $0.011 | OrdinaryDividend |
| Dec 30, 2021 | $0.011 | OrdinaryDividend |
| Nov 30, 2021 | $0.011 | OrdinaryDividend |
| Oct 29, 2021 | $0.011 | OrdinaryDividend |
| Sep 30, 2021 | $0.011 | OrdinaryDividend |
| Aug 31, 2021 | $0.009 | OrdinaryDividend |
| Jul 30, 2021 | $0.012 | OrdinaryDividend |
| Jun 30, 2021 | $0.011 | OrdinaryDividend |
| May 28, 2021 | $0.011 | OrdinaryDividend |
| Apr 30, 2021 | $0.011 | OrdinaryDividend |
| Mar 31, 2021 | $0.012 | OrdinaryDividend |
| Feb 26, 2021 | $0.010 | OrdinaryDividend |
| Jan 29, 2021 | $0.011 | OrdinaryDividend |
| Dec 30, 2020 | $0.011 | OrdinaryDividend |
| Nov 30, 2020 | $0.011 | OrdinaryDividend |
| Oct 30, 2020 | $0.012 | OrdinaryDividend |
| Sep 30, 2020 | $0.012 | OrdinaryDividend |
| Aug 31, 2020 | $0.013 | OrdinaryDividend |
| Jul 31, 2020 | $0.014 | OrdinaryDividend |
| Jun 30, 2020 | $0.014 | OrdinaryDividend |
| May 29, 2020 | $0.013 | OrdinaryDividend |
| Apr 30, 2020 | $0.013 | OrdinaryDividend |
| Mar 31, 2020 | $0.014 | OrdinaryDividend |
| Feb 28, 2020 | $0.014 | OrdinaryDividend |
| Jan 31, 2020 | $0.014 | OrdinaryDividend |
| Dec 30, 2019 | $0.014 | OrdinaryDividend |
| Nov 29, 2019 | $0.013 | OrdinaryDividend |
| Oct 31, 2019 | $0.014 | OrdinaryDividend |
| Sep 30, 2019 | $0.015 | OrdinaryDividend |
| Aug 30, 2019 | $0.014 | OrdinaryDividend |
| Jul 31, 2019 | $0.014 | OrdinaryDividend |
| Jun 28, 2019 | $0.014 | OrdinaryDividend |
| May 31, 2019 | $0.014 | OrdinaryDividend |
| Apr 30, 2019 | $0.015 | OrdinaryDividend |
| Mar 29, 2019 | $0.014 | OrdinaryDividend |
| Feb 28, 2019 | $0.015 | OrdinaryDividend |
| Jan 31, 2019 | $0.015 | OrdinaryDividend |
| Dec 28, 2018 | $0.015 | OrdinaryDividend |
| Nov 30, 2018 | $0.015 | OrdinaryDividend |
| Oct 31, 2018 | $0.016 | OrdinaryDividend |
FKFSX - Fund Manager Analysis
Managers
Paul Varunok
Start Date
Tenure
Tenure Rank
Dec 31, 2003
18.43
18.4%
Mr. Varunok is portfolio manager of Franklin Advisers. He joined Franklin Templeton Investments in 2001. Previously, Varunok was a fixed-income analyst for Prudential Securities, Inc.
Neil Dhruv
Start Date
Tenure
Tenure Rank
Oct 24, 2019
2.6
2.6%
Portfolio Manager of FT Institutional and portfolio manager of FRANKLIN STRATEGIC MORTGAGE PORTFOLIO since October 2019.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.11 | 31.64 | 8.43 | 7.35 |
