Franklin Equity Income Fund Class R6 (FEIQX)
| Fund Assets | 4.10B |
| Expense Ratio | 0.50% |
| Min. Investment | $1,000,000 |
| Turnover | 29.71% |
| Dividend (ttm) | 3.40 |
| Dividend Yield | 10.11% |
| Dividend Growth | 155.24% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 20, 2025 |
| Previous Close | 33.67 |
| YTD Return | 7.74% |
| 1-Year Return | 12.78% |
| 5-Year Return | 113.03% |
| 52-Week Low | 27.97 |
| 52-Week High | 36.11 |
| Beta (5Y) | n/a |
| Holdings | 84 |
| Inception Date | May 1, 2013 |
About FEIQX
Franklin Equity Income Fund Class R6 is an open-end mutual fund primarily designed to provide a combination of high current income and long-term capital appreciation. Managed by Franklin Templeton Investments, the fund invests at least 80% of its net assets in equity securities, focusing on large-cap, financially robust companies that exhibit a consistent track record of dividend payments. The fund's portfolio is broadly diversified, featuring a strong concentration in "blue chip" stocks across multiple sectors, including financials, health care, and energy. The investment strategy employs a bottom-up approach, carefully analyzing companies based on financial strength, cash flow potential, and valuation metrics such as price/earnings ratios and dividend yield. This approach aims to balance income generation with prudent risk management. The fund is noted for its relatively low expense ratio and long-term orientation, appealing to investors seeking both steady income through dividends and the potential for capital growth. With substantial assets under management and a disciplined investment process, Franklin Equity Income Fund Class R6 plays a significant role in providing diversified equity income exposure within the broader financial markets.
Performance
FEIQX had a total return of 12.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.34%.
Top 10 Holdings
30.81% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Chase & Co. | JPM | 4.61% |
| Institutional Fiduciary Trust - Money Market Portfolio | INFXX | 4.35% |
| Morgan Stanley | MS | 3.47% |
| Bank of America Corporation | BAC | 3.10% |
| Chevron Corporation | CVX | 3.06% |
| The Procter & Gamble Company | PG | 2.75% |
| Johnson & Johnson | JNJ | 2.48% |
| Duke Energy Corporation | DUK | 2.42% |
| Walmart Inc. | WMT | 2.42% |
| The Charles Schwab Corporation | SCHW | 2.16% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 20, 2025 | $0.2085 | Jun 20, 2025 |
| Mar 20, 2025 | $0.2085 | Mar 20, 2025 |
| Dec 20, 2024 | $2.7752 | Dec 20, 2024 |
| Sep 20, 2024 | $0.2063 | Sep 20, 2024 |
| Jun 20, 2024 | $0.2176 | Jun 20, 2024 |
| Mar 20, 2024 | $0.1941 | Mar 20, 2024 |