Franklin U.S. Government Securities Series Class C (FRUGX)
| 6.47 Net Asset Value | +0.15% 1 Day | +0.15% Year-to-Date | Overall Morningstar Rating |
| Intermediate government Style or Category | No Load Sales Expenses | 1.23% Expense Ratio | Below Average Morningstar Risk Rating™ |
Investment Objective The investment seeks income.
The fund normally invests at least 80% of its net assets in U.S. government securities. It invests substantially all of its assets in Government National Mortgage Association obligations (Ginnie Maes). The mortgage loans may have either fixed or adjustable interest rates. As the underlying mortgage loans are paid off, Ginnie Maes provide investors with monthly payments of interest and principal as well as any unscheduled prepayments on the underlying mortgage loans.
Performance
| 1 month | +0.09% | 3 years | +0.84% | |
| 3 months | +0.25% | 5 years | +2.61% | |
| 1 year | +2.69% | Since inception | +4.73% |
Data through --
Peer Comparisonvs. Intermediate government
| FRUGX | Category | |
|---|---|---|
| Performance 5-yr return | +2.61% | +3.33% |
| Expense ratio | 1.23% | 0.96% |
| Risk 5 year sharpe ratio | 1.28 | 1.29 |
| Net assets | $6.5B | $1.3B |
| Average market cap | -- | $33.8B |
| Average P/E | -- | 18.7 |
| Portfolio turnover | 70% | 70% |
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Fund Management and Purchase Info
| Fund family | Franklin Templeton Investments |
| Fund manager & tenure | Roger Bayston / 21 Years |
| Minimal initial investment | $1,000.00 |
| Minimum IRA investment | $250.00 |
Holdings
| Fixed income | 99.56% |
| Cash | 0.44% |
| U.S. stock | 0.00% |
| International stock | 0.00% |
| Other | 0.00% |
Top 5 SectorsPortfolio weighting
| Business service | -- |
| Consumer goods | -- |
| Consumer service | -- |
| Energy | -- |
| Financial service | -- |
Top 10 HoldingsPortfolio weighting
| -- GNMA 3.5% | 3.95% |
| -- GNMA 3.5% | 2.75% |
| -- GNMA 4.5% | 2.18% |
| -- GNMA 4% | 2.02% |
| -- GNMA 3.5% | 1.83% |
| -- GNMA 4% | 1.76% |
| -- GNMA 4.5% | 1.68% |
| -- GNMA 4.5% | 1.63% |
| -- GNMA 4.5% | 1.58% |
| -- GNMA 4% | 1.57% |
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