Franklin Alternative Strategies Fund Class C (FASCX)
| Fund Assets | 605.26M |
| Expense Ratio | 3.18% |
| Min. Investment | $1,000 |
| Turnover | 266.59% |
| Dividend (ttm) | 1.10 |
| Dividend Yield | 9.79% |
| Dividend Growth | -4.87% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 30, 2025 |
| Previous Close | 11.20 |
| YTD Return | 4.77% |
| 1-Year Return | 9.72% |
| 5-Year Return | 14.51% |
| 52-Week Low | 10.68 |
| 52-Week High | 11.36 |
| Beta (5Y) | 0.28 |
| Holdings | 5457 |
| 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 9.72% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.09%.
Top 10 Holdings
37.49% of assets| Name | Symbol | Weight |
|---|---|---|
| DREYFUS QII GOV CASH 289 | n/a | 9.00% |
| Fidelity Government Portfolio | FIGXX | 7.90% |
| Dreyfus Government Cash Management Fund | DGCXX | 7.48% |
| United States Treasury Bills - B 0 03/12/26 | n/a | 2.86% |
| United States Treasury Bills - B 0 04/09/26 | B.0 04.09.26 | 2.66% |
| United States Treasury Bills - B 0 03/26/26 | B.0 03.26.26 | 2.28% |
| Western Digital Corp. - WDC 3 11/15/28 | WDC.3 11.15.28 | 1.70% |
| United States Treasury Bills - B 0 05/05/26 | B.0 05.05.26 | 1.42% |
| United States Treasury Bonds - T 4.75 08/15/55 | T.4.75 08.15.55 | 1.15% |
| Lumentum Holdings Inc. - LITE 0.5 12/15/26 | LITE.0.5 12.15.26 | 1.04% |
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 |