About FRDPX
Franklin Rising Dividends Fund Class A is an open-end mutual fund designed to provide long-term capital appreciation by investing primarily in companies that have demonstrated a consistent track record of increasing their dividends. The fund allocates at least 80% of its net assets to equities of such companies, focusing on businesses that have increased their dividends in at least 8 out of the last 10 years and have not reduced dividends during that period. Notable features include rigorous criteria regarding dividend growth, payout ratios, and balance sheet health, with a preference for companies reinvesting earnings and maintaining prudent debt levels. The fund's portfolio spans across large-cap, mid-cap, and small-cap stocks, with a diverse sector allocation but a tendency to hold significant positions in particular sectors based on prevailing market conditions. As of recent data, the fund’s top holdings include leading firms in technology, financial services, and healthcare, representing a large blend investment style. The management employs a fundamental, bottom-up research approach aiming to identify fundamentally sound businesses trading below intrinsic value, with the goal of capturing sustainable dividend growth and long-term performance.
Fund Family Franklin Templeton Investments
Category Large Blend
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FRDPX
Share Class Class A
Index S&P 500 TR
FRDPX had a total return of 1.32% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.06%.
