Franklin Alternative Strategies Fund Class C (FASCX)
| Fund Assets | 520.67M |
| Expense Ratio | 3.19% |
| Min. Investment | $1,000 |
| Turnover | 266.59% |
| Dividend (ttm) | 1.15 |
| Dividend Yield | 10.80% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 10.87 |
| YTD Return | 1.68% |
| 1-Year Return | 1.97% |
| 5-Year Return | 5.53% |
| 52-Week Low | 10.30 |
| 52-Week High | 11.36 |
| Beta (5Y) | n/a |
| Holdings | 2612 |
| Inception Date | Nov 11, 2013 |
About FASCX
K2 Alternative Strategies Fund - Class C is a multi-strategy mutual fund designed to provide investors with broad exposure to alternative investment strategies. The fund primarily allocates its assets among approaches such as long/short equity, relative value, global macro, and event-driven investing, each managed by specialized external managers. Its purpose is to seek diversified returns that are less correlated with traditional equity and bond markets by blending various hedge fund-like strategies within a liquid mutual fund structure. Notably, the fund benchmarks its performance against the HFRX Global Hedge Fund Index and the ICE BofA US 3-Month Treasury Bill Index, reflecting its alignment with both alternative and low-volatility market standards. With total net assets in the hundreds of millions of dollars, the fund’s notable features include significant gross and net exposure, frequent portfolio turnover, and a moderate risk profile as evidenced by relatively low beta and standard deviation figures. Its extensive allocation to cash, short-term investments, and U.S. Treasury bills underscores an emphasis on liquidity and risk management. The fund’s diversified strategy and institutional partnerships position it as a notable vehicle for investors seeking alternative solutions beyond conventional asset classes.
Performance
FASCX had a total return of 1.97% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.16%.
Top 10 Holdings
51.19% of assets| Name | Symbol | Weight |
|---|---|---|
| Short Term Investment Fund Fidelity Instl Mmkt Govt 57 | n/a | 7.46% |
| Dreyfus Govt Cm Inst 289 Stif 02/20/2049 | n/a | 6.75% |
| K2 Holdings Investment Corporation - Cfm Cc Usd Npv Tis A/C #34110 | n/a | 6.58% |
| Dreyfus Government Cash Management Stif Usd Npv Cl I Income | n/a | 5.01% |
| Comcast Holdings Corp 2.00% 10/15/2029 Cnv | n/a | 4.91% |
| Comcast Holdings Corp 2% 11/15/2029 Cnv | n/a | 4.84% |
| E-mini Nasdaq 100 Future Mar 26 | n/a | 4.33% |
| E-mini S&P 500 Future Mar 26 | n/a | 4.30% |
| K2 Holdings Investment Corporation-Graham Cc Usd Npv A/C # 18452 | n/a | 4.00% |
| 2 Year Treasury Note Future Mar 26 | n/a | 3.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $1.153 | Dec 30, 2024 |
| Dec 29, 2022 | $0.2015 | Dec 29, 2022 |
| Dec 30, 2021 | $0.5003 | Dec 30, 2021 |
| Dec 30, 2019 | $0.0059 | Dec 31, 2019 |
| Dec 28, 2018 | $0.2519 | Dec 31, 2018 |
| Dec 28, 2017 | $0.0602 | Dec 29, 2017 |