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.
Fund Family Franklin Templeton, Inc
Category Utilities
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol FKUTX
Share Class Class A1
Index S&P 500 Utilities TR
FKUTX had a total return of -2.93% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.75%.
