About FNCRX
Franklin Natural Resources Fund is a mutual fund designed to provide high total return by investing at least 80% of its net assets in equity and debt securities of companies involved in the ownership, production, refinement, processing, transportation, and marketing of natural resources, as well as those providing related services. The fund primarily targets firms in the energy and basic materials sectors, with significant portfolio allocations to major global players in oil, gas, mining, and related industries. Its top holdings often include large-cap companies like Exxon Mobil, ConocoPhillips, Chevron, Shell, and Newmont, reflecting broad exposure to both traditional energy and materials markets. With a history dating back to 1995, the fund is positioned as a specialized vehicle within the natural resources category, serving investors seeking diversification through commodities and resource-based equities. The fund is actively managed, maintains an annual turnover of roughly 12%, and distributes income on an annual basis. Its investment approach aligns with sector-focused strategies designed to benefit from trends in global resource demand.
Fund Family Franklin Templeton Investments
Category Natural Resources
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FNCRX
Share Class Class C
Index S&P North American Natural Resources Sector TR
FNCRX had a total return of 46.33% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.05%.
