PRICE AND YTD RETURN As of 07/22/2016

NAV up $0.02 $12.22
POP $12.97
YTD Total return at Nav 15.33%

AVERAGE ANNUAL TOTAL RETURNS As of Quarter end 06/30/2016

Sales Charge

1 YEAR RETURN -1.98%
Since inception Inception: 09/06/2013 6.74%


Investment Category Infrastructure
Distributions Quarterly
CUSIP 353 533 623
Fund Number 997
Inception Date Sep 06, 2013
Total Net Assets (all share classes) As of 06/30/2016 $29.4 (M)
Distribution Rate at NAV As of 07/22/2016 0.00%
30-Day Standardized yield As of 06/30/2016 (updated monthly)
w/ Waiver 1.83%
w/o Waiver 1.07%

SALES CHARGE, EXPENSES, & FEES As of 12/01/2015 (updated annually)

Gross Expense Ratio 2.16%
Net Expense Ratio 1.40%
Max Initial Sales Charge 5.75%
CDSC 0.00%
12b-1 Fee 0.25%

Fund Description

The fund seeks total investment return consisting of income and capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets in securities of infrastructure-related companies located anywhere in the world.

Strategy Statement

"Global listed infrastructure as an asset class appears poised for strong growth potential, driven by aging infrastructure, population growth and public fiscal constraints."

Wilson Magee


Wilson Magee

Wilson Magee

  • Joined Franklin Templeton in 2010
  • Managed Fund Since 2013
Ketul K Sakhpara, CFA, MBA

Ketul K Sakhpara, CFA®, MBA

  • Joined Franklin Templeton in 2013
  • Managed Fund Since 2014

Strategy, Benefits, Results


  • The fund invests in the securities of companies whose principal business is the ownership, management, construction, operation, utilization or financing of infrastructure assets and which are located around the world, including emerging markets.
  • We combine top-down macro analysis with bottom-up research of individual stocks to locate investment opportunities.
  • While benchmark aware, we rely primarily on our team’s research and local expertise when making investment decisions.


  • Growth Potential. The fund provides access to a market with attractive growth potential that spans both developed and emerging markets.
  • Diversified Source of Income. Global listed infrastructure securities offer an added source of income beyond traditional fixed income asset classes, which could make the fund compelling to yield-oriented investors.

  • Experienced Management. Franklin Real Asset Advisors has been investing globally since 1984.

Investing In The Fund

What Are the Risks?
  • All investments involve risks, including possible loss of principal.
  • Investments in infrastructure-related securities involve special risks, such as high interest costs, high leverage and increased susceptibility to adverse economic or regulatory developments affecting the sector.
  • Investments in utility company securities, if purchased for dividend yield, involve additional interest rate risks. When interest rates have risen, the stock prices of these companies have tended to fall. Thus, as the prices of utility company stocks in the fund adjust to a rise in interest rates, the fund’s share price may decline.
  • By focusing on an industry or group of industries, the fund carries much greater risk of adverse developments and price movements in such industries than a fund that invests in a wider variety of industries.
  • Special risks are associated with foreign investing, including currency rate fluctuations, economic instability and political developments. The risks of foreign investing may be greater in developing or emerging markets.
  • Investors should be comfortable with fluctuations in the value of their investment, as small and mid-sized-company stocks can be volatile, especially over the short term.
  • Smaller or relatively new or unseasoned companies can be particularly sensitive to changing economic conditions, and their prospects for growth are less certain than those of larger, more established companies.
  • The fund’s use of derivatives and foreign currency techniques involve special risks as such techniques may not achieve the anticipated benefits and/or may result in losses to the fund.
  • These and other risk considerations are discussed in the fund’s prospectus.

Minimum Investment


How Financial Advisors Help You

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