Franklin Utilities Fund Class A1 (FKUTX)
| Fund Assets | 6.85B |
| Expense Ratio | 0.71% |
| Min. Investment | $1,000 |
| Turnover | 6.80% |
| Dividend (ttm) | 2.05 |
| Dividend Yield | 7.91% |
| Dividend Growth | 64.41% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | n/a |
| Previous Close | 24.93 |
| YTD Return | 12.26% |
| 1-Year Return | 20.22% |
| 5-Year Return | 68.90% |
| 52-Week Low | 21.63 |
| 52-Week High | 25.98 |
| Beta (5Y) | n/a |
| Holdings | 48 |
| Inception Date | Sep 30, 1948 |
About FKUTX
Franklin Utilities Fund Class A1 is an open-end mutual fund with a primary focus on seeking both capital appreciation and current income by investing predominantly in the securities of public utility companies. The fund strategically allocates at least 80% of its net assets to companies operating within the utilities sector, which includes providers of electricity, natural gas, water, and communications services, as well as firms offering services to these utilities. Its portfolio is notably concentrated, with nearly half of its assets invested in its top ten holdings, featuring major U.S. utility firms such as NextEra Energy, Southern Company, and Duke Energy. This sector-oriented approach makes the fund a representative vehicle for gaining exposure to the utility industry, which is generally characterized by stable cash flows and consistent dividend payments. Over the years, the fund has maintained a mid-value investment style and has shown a relatively low portfolio turnover, emphasizing long-term holdings. The fund’s historical performance and modest expense ratio highlight its established presence among sector-specific mutual funds, serving investors seeking diversification within essential infrastructure-related industries.
Performance
FKUTX had a total return of 20.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.92%.
Top 10 Holdings
48.23% of assets| Name | Symbol | Weight |
|---|---|---|
| NextEra Energy, Inc. | NEE | 8.41% |
| Vistra Corp. | VST | 6.22% |
| The Southern Company | SO | 5.36% |
| Entergy Corporation | ETR | 5.28% |
| Duke Energy Corporation | DUK | 4.39% |
| Evergy, Inc. | EVRG | 4.18% |
| Sempra | SRE | 4.04% |
| NiSource Inc. | NI | 3.65% |
| PPL Corporation | PPL | 3.46% |
| Exelon Corporation | EXC | 3.23% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 20, 2025 | $0.120 | Jun 20, 2025 |
| Mar 20, 2025 | $0.120 | Mar 20, 2025 |
| Dec 20, 2024 | $1.688 | Dec 20, 2024 |
| Sep 20, 2024 | $0.120 | Sep 20, 2024 |
| Jun 20, 2024 | $0.120 | Jun 20, 2024 |
| Mar 20, 2024 | $0.120 | Mar 20, 2024 |