Franklin Alternative Strategies Fund Class C (FASCX)

Fund Assets	563.27M
Expense Ratio	3.18%
Min. Investment	$1,000
Turnover	362.98%
Dividend (ttm)	0.63
Dividend Yield	5.63%
Dividend Growth	8.13%
Payout Frequency	n/a
Ex-Dividend Date	Dec 30, 2025

Previous Close	11.19
YTD Return	4.68%
1-Year Return	8.13%
5-Year Return	14.13%
52-Week Low	10.68
52-Week High	11.36
Beta (5Y)	0.28
Holdings	2896
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.

• Fund Family: Franklin Templeton Investments
• Category: Multistrategy
• Performance Rating: Below Average
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: FASCX
• Share Class: Class C
• Index: Index is not available on Lipper Database

Performance

FASCX had a total return of 8.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.05%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
FABZX	Advisor Class	2.18%
FASRX	Class R6	2.18%
FAAAX	Class A	2.43%
FSKKX	Class R	2.68%

Top 10 Holdings

57.80% of assets

Name	Symbol	Weight
Mexico (United Mexican States) 8.5%	MBONO.8.5 11.18.38 M	16.67%
K2 Holdings Investment Corporation - Cfm Cc Usd Npv Tis A/C #34110	n/a	6.52%
BNY Dreyfus Govt Cash Mgmt Instl	DGCXX	6.39%
Short Term Investment Fund Fidelity Instl Mmkt Govt 57	n/a	5.27%
Mexico (United Mexican States) 8%	MBONO.8 02.21.36 M	4.85%
Petroleos Mexicanos Sa De CV 10.8%	PEMEX.10.8 08.08.34 26-2	4.11%
K2 Holdings Investment Corporation-Graham Cc Usd Npv A/C # 18452	n/a	3.81%
Comcast Holdings Corporation	CCZ	3.79%
Comcast Corp 2 % Zero Premium Option Note Exchangeable Secs 1999-15.11.29 B	CMCSA.2 11.15.29	3.73%
iShares MSCI ACWI ETF	ACWI	2.63%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 30, 2025	$1.0969	Dec 30, 2025
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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 28, 2026

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