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
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol FRETX
Share Class Class C
Index Russell 1000 Value TR
FRETX had a total return of 19.29% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.46%.
