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Franklin Utilities Fund

Fund Category: SectorGo to Prices & Performance page
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Symbol FKUTX
CUSIP 353 496 409
Fund Number 107
Inception Date1 Sep 30, 1948
Distributions Quarterly
Total Net Assets
(all share classes)
As of 03/31/2014
$5,303.7
(millions)

As of  04/23/2014

NAV2 $16.39  
NAV Change $0.00  
POP3 $17.12  
YTD Total Return at NAV 10.52%
Distribution Rate at NAV 2.81%
30-day Standardized Yield4,5
As of 03/31/2014 (updated monthly)
2.87%

Average Annual Total Returns
As of Quarter End 03/31/2014

w/ Sales Charge w/o Sales Charge
1 Yr 5.70% 10.39%
5 Yrs 15.24% 16.24%
10 Yrs 9.72% 10.19%
Life 9.80% 9.88%

Expense Ratio and Sales Charge As of 02/01/2014 (updated annually)

Gross Expense Ratio6 0.75%
Net Expense Ratio 0.75%
Max Initial Sales Charge 4.25%
CDSC 0.00%
12b-1 Fee 0.15%

Fund Description

Strategy Statement
Portfolio Managers
John Kohli
"Over the fund's 60-year history, we've remained committed to our investment approach, working to provide investors with current income and relatively low volatility during various economic conditions."

John Kohli, CFA®, CPA
Joined Franklin Templeton in 1992
Managed Fund since 1998

Strategy, Benefits, Results

Strategy

  • We search for solid opportunities in the utilities arena with a specific focus on the U.S. electricity and gas sector.
  • Our investment process is rooted in fundamental, bottom-up research, which involves speaking with a company's key management and observing its operations on location.
  • Generally, we favor regulated utility companies due to their more predictable earnings and cash flow.

Benefits

  • Income component. Due to the nature of the utilities industry, our fund has historically paid an attractive quarterly dividend.
  • Diversification. By adding investments from different sectors to your portfolio, you may take advantage of rotating economic cycles.
  • Increasing Demand. Investors may capitalize on an increasing demand for basic utilities.

Results

Hypothetical $10K Investment

Hypothetical $10K Investment

Investing in the Fund

What Are the Risks?
  • All investments involve risks, including possible loss of principal.
  • Stocks historically have outperformed other asset classes over the long term, but tend to fluctuate more dramatically over the short term.
  • Securities issued by utility companies have been historically sensitive to interest rate changes.
  • When interest rates fall, utility securities prices, and thus a utilities fund’s share price, tend to rise; when interest rates rise, their prices generally fall.
  • These and other risks are described more fully in the fund’s prospectus.

Minimum Investment

$1,000.00

How Financial Advisors Help You

Speak to your financial advisor about whether this fund is appropriate for you. If you don't have a financial advisor, request a referral.

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Important Legal Information

Footnotes

For U.S. residents only.