Franklin Utilities Fund (MUTF: FKUTX)
The investment objective of Franklin Utilities Fund is to seek capital appreciation and current income. The mutual fund typically invests >80% of its net assets in the securities of public utilities companies. These are companies that provide electricity, natural gas, water and communications services to the public and companies that provide services to public utilities companies. It may concentrate in companies operating in the utilities industry, especially their common stocks.
Fund Details
- Fund Inception Date: 09/30/1948
- Ticker Symbol: FKUTX
- CUSIP: 353496409
- Beta (3yr): 0.32
- Rank in category (YTD): 39%
- Category: Utilities
- Distribution: 3.22%
- Capital Gains: 0%
- Expense Ratio: 0.76%
- Net Assets: $ 4.51 billion
- Number of Years Up: 47 years
- Number of Years Down: 16 years
- Annual Turnover Rate: 5.21%
Updated on 1/9/2013