Franklin Alternative Strategies Fund Class R (FSKKX)
| Fund Assets | 520.67M |
| Expense Ratio | 2.69% |
| Min. Investment | $1,000 |
| Turnover | 266.59% |
| Dividend (ttm) | 1.24 |
| Dividend Yield | 11.15% |
| Dividend Growth | 6,926.70% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 11.29 |
| YTD Return | 1.80% |
| 1-Year Return | 1.71% |
| 5-Year Return | 7.48% |
| 52-Week Low | 10.72 |
| 52-Week High | 11.86 |
| Beta (5Y) | n/a |
| Holdings | 2612 |
| Inception Date | Nov 11, 2013 |
About FSKKX
K2 Alternative Strategies Fund - Class R is a mutual fund that primarily focuses on providing investors with exposure to a diverse array of alternative investment strategies. The fund's main purpose is to pursue capital appreciation by allocating its assets across multiple non-traditional investment strategies, including, but not limited to, hedge-fund-like approaches and other alternatives to conventional stock and bond investments. This multi-strategy approach aims to deliver risk-adjusted returns that are less correlated with traditional equity and fixed income markets, potentially enhancing diversification within a broader investment portfolio. Notable features include its benchmarking against both the BofA Merrill Lynch US 3-Month Treasury Bill Index and the HFRX Global Hedge Fund Index, reflecting its focus on capturing alternative risk premiums and absolute return potential. With total assets of approximately $523 million and an expense ratio reflecting the complexity of active management, K2 Alternative Strategies Fund - Class R serves institutional and individual investors seeking to complement their core holdings with diversified alternative exposures, providing access to sophisticated investment techniques typically found in hedge funds.
Performance
FSKKX had a total return of 1.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.67%.
Top 10 Holdings
51.19% of assets| Name | Symbol | Weight |
|---|---|---|
| Short Term Investment Fund Fidelity Instl Mmkt Govt 57 | n/a | 7.46% |
| Dreyfus Govt Cm Inst 289 Stif 02/20/2049 | n/a | 6.75% |
| K2 Holdings Investment Corporation - Cfm Cc Usd Npv Tis A/C #34110 | n/a | 6.58% |
| Dreyfus Government Cash Management Stif Usd Npv Cl I Income | n/a | 5.01% |
| Comcast Holdings Corp 2.00% 10/15/2029 Cnv | n/a | 4.91% |
| Comcast Holdings Corp 2% 11/15/2029 Cnv | n/a | 4.84% |
| E-mini Nasdaq 100 Future Mar 26 | n/a | 4.33% |
| E-mini S&P 500 Future Mar 26 | n/a | 4.30% |
| K2 Holdings Investment Corporation-Graham Cc Usd Npv A/C # 18452 | n/a | 4.00% |
| 2 Year Treasury Note Future Mar 26 | n/a | 3.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $1.2367 | Dec 30, 2024 |
| Dec 28, 2023 | $0.0176 | Dec 28, 2023 |
| Dec 29, 2022 | $0.1966 | Dec 29, 2022 |
| Dec 30, 2021 | $0.5499 | Dec 30, 2021 |
| Dec 30, 2019 | $0.0375 | Dec 31, 2019 |
| Dec 28, 2018 | $0.2519 | Dec 31, 2018 |