Franklin Equity Income Fund Class R (FREIX)
| Fund Assets | 4.85B |
| Expense Ratio | 1.05% |
| Min. Investment | $1,000 |
| Turnover | 33.33% |
| Dividend (ttm) | 3.25 |
| Dividend Yield | 8.97% |
| Dividend Growth | 1.05% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 20, 2026 |
| Previous Close | 36.20 |
| YTD Return | 9.51% |
| 1-Year Return | 24.02% |
| 5-Year Return | 62.91% |
| 52-Week Low | 32.03 |
| 52-Week High | 36.61 |
| Beta (5Y) | n/a |
| Holdings | 90 |
| Inception Date | Aug 1, 2002 |
About FREIX
Franklin Equity Income Fund Class R is a mutual fund designed to deliver a combination of high current income and long-term capital appreciation, consistent with maintaining reasonable risk exposure. The fund primarily invests at least 80% of its net assets in equity securities, focusing on financially strong, large-cap "blue chip" companies, and may also allocate assets to other equity-related instruments such as convertible securities and equity-linked notes. The investment approach emphasizes value, targeting companies considered undervalued relative to their fundamentals, often identified by low price ratios and higher dividend yields. Franklin Equity Income Fund Class R fits within the "Large Value" category, catering to investors looking for exposure to major U.S. companies with solid dividend-paying histories and stable growth profiles. The fund distributes dividends quarterly and typically maintains a diversified portfolio, which aims to balance income generation with the potential for capital gains. This blend of income and appreciation makes it a notable fixture for those seeking both steady cash flow and the opportunity for long-term portfolio growth within the equity market segment.
Performance
FREIX had a total return of 24.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.27%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| SWDSX | Schwab | Schwab Dividend Equity Fund™ | 0.89% |
Top 10 Holdings
28.48% of assets| Name | Symbol | Weight |
|---|---|---|
| JPMorgan Chase & Co. | JPM | 4.18% |
| Morgan Stanley | MS | 3.52% |
| Alphabet Inc. | GOOGL | 3.40% |
| Bank of America Corporation | BAC | 3.01% |
| Johnson & Johnson | JNJ | 2.72% |
| Chevron Corporation | CVX | 2.48% |
| Amazon.com, Inc. | AMZN | 2.47% |
| Cisco Systems, Inc. | CSCO | 2.26% |
| The Procter & Gamble Company | PG | 2.23% |
| Franklin Institutional U.S. Government Money Market Fund | INFXX | 2.20% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 20, 2026 | $0.1385 | Mar 20, 2026 |
| Dec 22, 2025 | $2.8193 | Dec 22, 2025 |
| Sep 22, 2025 | $0.1264 | Sep 22, 2025 |
| Jun 20, 2025 | $0.1664 | Jun 20, 2025 |
| Mar 20, 2025 | $0.1623 | Mar 20, 2025 |
| Dec 20, 2024 | $2.7224 | Dec 20, 2024 |