About FNRAX
Franklin Natural Resources Fund Advisor Class is an actively managed mutual fund focused on providing high total return by investing predominantly in companies within the natural resources sector. The fund allocates at least 80% of its net assets to equity and debt securities of businesses that own, produce, refine, process, transport, and market natural resources, as well as firms supplying related services. Its portfolio is diversified across both domestic and international holdings, with a notable emphasis on energy and basic materials industries. Managed by a seasoned team with decades of industry experience, the fund typically holds a concentrated portfolio, with the top ten holdings representing over 30% of assets. It offers annual dividends and capital gains distributions, and aims to capture long-term growth opportunities driven by global demand for natural resources. The fund is designed for investors seeking exposure to commodity-linked sectors through professional management, emphasizing both value and income within the broader equity market.
Fund Family Franklin Templeton Investments
Category Natural Resources
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FNRAX
Share Class Advisor Class
Index S&P North American Natural Resources Sector TR
FNRAX had a total return of 47.83% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.96%.
