About FRDAX
Franklin Rising Dividends Fund Advisor Class is an open-end mutual fund designed to seek long-term capital appreciation by investing at least 80% of its assets in equity securities of companies that have demonstrated a consistent ability to raise their dividends. The fund focuses on businesses that not only pay dividends, but have a proven track record of increasing dividend payouts, emphasizing stability, resilience, and disciplined capital allocation. Notable for its diversified portfolio, the fund spans various market capitalizations and sectors, with key allocations to technology, healthcare, financial services, and basic materials. Examples of significant holdings include companies such as Microsoft, Broadcom, Visa, UnitedHealth Group, and Apple. The selection process favors firms that have steadily increased dividends in at least eight out of the past ten years, have avoided dividend cuts, and, generally, maintain strong balance sheets and prudent payout ratios. The fund’s low turnover and expense ratio position it as a cost-effective option within the large blend category, appealing to investors seeking growth through rising income streams without focusing solely on high-yield stocks. Its approach highlights fundamental research and valuation discipline, with a strong emphasis on financial strength and shareholder returns.
Fund Family Franklin Templeton Investments
Category Large Blend
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FRDAX
Share Class Advisor Class
Index S&P 500 TR
FRDAX had a total return of 11.02% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.66%.
