Franklin Real Estate Securities Adv (FRLAX)
| Fund Assets | 238.43M |
| Expense Ratio | 0.78% |
| Min. Investment | $1,000 |
| Turnover | 32.25% |
| Dividend (ttm) | 1.09 |
| Dividend Yield | 5.85% |
| Dividend Growth | -43.25% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 22, 2026 |
| Previous Close | 18.70 |
| YTD Return | 14.06% |
| 1-Year Return | 14.07% |
| 5-Year Return | 33.02% |
| 52-Week Low | 16.12 |
| 52-Week High | 18.76 |
| Beta (5Y) | 0.79 |
| Holdings | 42 |
| Inception Date | Jan 1, 1997 |
About FRLAX
Franklin Real Estate Securities Fund Advisor Class is an open-end mutual fund focused on the real estate sector. Its principal aim is to maximize total return by investing at least 80% of its net assets in equity securities of U.S.-based companies operating across the real estate industry, with a particular emphasis on real estate investment trusts (REITs) and firms significantly involved in ownership, construction, management, or development of commercial and residential properties. The fund incorporates both growth and value stocks spanning diverse market capitalizations, employing a blend of fundamental analysis and both bottom-up and top-down stock selection approaches. Notably, it also seeks out companies committed to responsible environmental practices. With a concentrated portfolio—its top ten holdings comprise over half of total assets—the fund provides targeted exposure to real estate equities, making it a significant player in the broader sector and a key vehicle for investors seeking to participate in real estate market movements through publicly traded securities.
Performance
FRLAX had a total return of 14.07% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.48%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VGSLX | Vanguard | Vanguard Real Estate Index Fund Admiral Shares | 0.13% |
Top 10 Holdings
56.31% of assets| Name | Symbol | Weight |
|---|---|---|
| Welltower Inc. | WELL | 10.59% |
| Equinix, Inc. | EQIX | 7.88% |
| American Tower Corporation | AMT | 7.38% |
| Prologis, Inc. | PLD | 7.04% |
| Digital Realty Trust, Inc. | DLR | 5.13% |
| Realty Income Corporation | O | 4.50% |
| AvalonBay Communities, Inc. | AVB | 4.00% |
| Ventas, Inc. | VTR | 3.35% |
| Iron Mountain Incorporated | IRM | 3.27% |
| Simon Property Group, Inc. | SPG | 3.17% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 22, 2026 | $0.0248 | Jun 22, 2026 |
| Dec 22, 2025 | $0.9805 | Dec 22, 2025 |
| Sep 22, 2025 | $0.0888 | Sep 22, 2025 |
| Jun 20, 2025 | $0.0258 | Jun 20, 2025 |
| Dec 20, 2024 | $1.788 | Dec 20, 2024 |
| Sep 20, 2024 | $0.1141 | Sep 20, 2024 |