About FRETX
Franklin Equity Income Fund Class C is a mutual fund focused on delivering a combination of high current income and long-term capital appreciation, while maintaining a reasonable level of risk. The fund primarily invests at least 80% of its assets in equity securities, including common stocks and equity-linked instruments, with a tilt toward large-cap value stocks. Its portfolio is diversified across major sectors such as financial services, energy, healthcare, consumer defensive, technology, and industrials, with top holdings typically including well-established companies like JPMorgan Chase & Co., Chevron, Johnson & Johnson, and Morgan Stanley. The fund is designed for investors seeking regular income through quarterly dividend distributions, highlighted by a notably high historical dividend yield and a strong record of dividend growth. Since its inception in 1995, Franklin Equity Income Fund Class C has played a significant role in the large value mutual fund space, attracting assets from those seeking balanced exposure to both dividend-paying equities and companies with potential for long-term value appreciation within the U.S. market.
Fund Family Franklin Templeton Investments
Category Large Value
Stock Exchange NASDAQ
Ticker Symbol FRETX
Share Class Class C
Index Russell 1000 Value TR
FRETX had a total return of 11.19% in the past year, including dividends. Since the fund's
inception, the average annual return has been 6.97%.
