Franklin Real Estate Securities R6 (FSERX)
| Fund Assets | 250.73M |
| Expense Ratio | 0.64% |
| Min. Investment | $1,000,000 |
| Turnover | 28.21% |
| Dividend (ttm) | 1.95 |
| Dividend Yield | 11.16% |
| Dividend Growth | 95.43% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 20, 2025 |
| Previous Close | 17.41 |
| YTD Return | 4.01% |
| 1-Year Return | -3.88% |
| 5-Year Return | 32.48% |
| 52-Week Low | 15.47 |
| 52-Week High | 20.51 |
| Beta (5Y) | n/a |
| Holdings | 44 |
| Inception Date | May 1, 2013 |
About FSERX
Franklin Real Estate Securities Fund Class R6 is a mutual fund that focuses on investing primarily in equity securities of real estate companies, particularly real estate investment trusts (REITs). Its core objective is to maximize total return through a diversified portfolio that includes various types of REITs such as those in residential, commercial, industrial, and health care sectors. Notable holdings include major REITs like American Tower Corp, Welltower Inc, and Equinix Inc, reflecting exposure to specialized real estate industries including communication infrastructure and data centers. The fund is managed by multiple managers and emphasizes a mid-blend investment style with a relatively low expense ratio of 0.64%, aiming to maintain a cost advantage against peers. It serves as a vehicle for investors seeking growth and income from real estate securities, providing diversified exposure within real estate markets. The fund plays a significant role in the financial markets by offering access to real estate assets through a professionally managed portfolio, combining potential capital appreciation with income generation from real estate properties and operating companies.
Performance
FSERX had a total return of -3.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.34%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VGSNX | Vanguard | Vanguard Real Estate Index Institutional | 0.11% |
Top 10 Holdings
54.20% of assets| Name | Symbol | Weight |
|---|---|---|
| Welltower Inc. | WELL | 10.12% |
| American Tower Corporation | AMT | 9.11% |
| Equinix, Inc. | EQIX | 6.65% |
| Prologis, Inc. | PLD | 5.28% |
| Digital Realty Trust, Inc. | DLR | 4.62% |
| Realty Income Corporation | O | 4.46% |
| Extra Space Storage Inc. | EXR | 4.06% |
| AvalonBay Communities, Inc. | AVB | 3.43% |
| Ventas, Inc. | VTR | 3.39% |
| American Homes 4 Rent | AMH | 3.08% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 20, 2025 | $0.039 | Jun 20, 2025 |
| Dec 20, 2024 | $1.7808 | Dec 20, 2024 |
| Sep 20, 2024 | $0.1279 | Sep 20, 2024 |
| Jun 20, 2024 | $0.1114 | Jun 20, 2024 |
| Mar 20, 2024 | $0.0186 | Mar 20, 2024 |
| Dec 20, 2023 | $0.7597 | Dec 20, 2023 |