K2 Alternative Strategies Fund Class R6 (FASRX)
| Fund Assets | 1.22B |
| Expense Ratio | 2.19% |
| Min. Investment | $1,000,000 |
| Turnover | n/a |
| Dividend (ttm) | 1.30 |
| Dividend Yield | 11.80% |
| Dividend Growth | 1,282.40% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 11.04 |
| YTD Return | 0.64% |
| 1-Year Return | 6.12% |
| 5-Year Return | 22.66% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 1697 |
| Inception Date | Nov 11, 2013 |
About FASRX
The Fund's investment strategy focuses on Alt Multi-Strategy with 1.87% total expense ratio. The minimum amount to invest in Franklin Alternative Strategies Funds: Franklin K2 Alternative Strategies Fund; Class R6 Shares is $1,000,000 on a standard taxable account. Franklin Alternative Strategies Funds: Franklin K2 Alternative Strategies Fund; Class R6 Shares seeks capital appreciation with lower volatility relative to the broad equity markets. FASRX allocates its assets across multiple non-traditional or alternative strategies, including, but not limited to; Long Short Equity, Relative Value, Event Driven and Global Macro, each of which is described below.
Performance
FASRX had a total return of 6.12% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.46%.
Top 10 Holdings
56.79% of assets| Name | Symbol | Weight |
|---|---|---|
| Dreyfus Government Cash Management Fund | DGCXX | 9.13% |
| Dreyfus Govt Cm Inst 289 Stif 02/20/2049 | n/a | 7.77% |
| Fidelity Government Portfolio | FIGXX | 7.40% |
| K2 Holdings Investment Corporation - Cfm Cc Usd Npv Tis A/C #34110 | n/a | 6.29% |
| 2 Year Treasury Note Future Mar 25 | n/a | 5.09% |
| Comcast Corp 2 % Zero Premium Option Note Exchangeable Secs 1999-15.10.29 B | CCZ | 4.86% |
| K2 Holdings Investment Corporation-Graham Cc Usd Npv A/C # 18452 | n/a | 4.73% |
| Comcast Corp 2 % Zero Premium Option Note Exchangeable Secs 1999-15.11.29 B | CMCSA 2 11.15.29 | 4.48% |
| Short Term Investment Fund Fidelity Investment Mm Gov 1 57 | n/a | 4.28% |
| Nasdaq 100 E-Mini Mar25 Mar 25 Future | n/a | 2.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $1.3036 | Dec 30, 2024 |
| Dec 28, 2023 | $0.0943 | Dec 28, 2023 |
| Dec 29, 2022 | $0.3446 | Dec 29, 2022 |
| Dec 30, 2021 | $0.5993 | Dec 30, 2021 |
| Dec 30, 2019 | $0.1132 | Dec 31, 2019 |
| Dec 28, 2018 | $0.2519 | Dec 31, 2018 |