About FQTHX
Franklin Templeton SMACS: Series H Advisor Class is a mutual fund primarily focused on investment in debt securities. Its main objective is to seek value by investing in a broad array of fixed income instruments, including both secured and unsecured bonds, convertible securities, senior floating rate and term loans, mortgage-backed and asset-backed instruments, debentures, and shorter-term obligations. A unique feature of this series is its targeted allocation to distressed debt, meaning it can invest in securities of issuers that are undergoing, or are expected to undergo, reorganizations, financial restructurings, or bankruptcies—often referred to as distressed securities. This approach potentially allows the fund to capitalize on turnaround opportunities when issuers may resume payments or see other favorable developments. The fund draws on Franklin Templeton's value-oriented, bottom-up investment process. This involves rigorous fundamental analysis and an independent assessment of security quality, rather than relying heavily on third-party ratings. As such, Franklin Templeton SMACS: Series H Advisor Class offers exposure to complex credit opportunities and aims to achieve returns through strategic selection of undervalued fixed income assets, playing a specialized role in diversified portfolios that seek access to both conventional and distressed credit markets.
Fund Family Franklin Templeton Investments
Category Miscellaneous Fixed Income
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol FQTHX
Index Bloomberg Municipal Bond TR
FQTHX had a total return of 8.51% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.03%.
