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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 10/31/2015

As of  11/25/2015

NAV2 $15.93  
NAV Change -$0.08  
POP3 $16.64  
YTD Total Return at NAV -8.34%
Distribution Rate at NAV 2.89%
30-day Standardized Yield4 w/ Waiver w/o Waiver
As of 10/31/2015
(updated monthly)
2.92% 2.92%

Average Annual Total Returns
As of Quarter End 09/30/2015

w/ Sales Charge w/o Sales Charge
1 Yr -2.17% 2.19%
5 Yrs 10.25% 11.22%
10 Yrs 7.04% 7.51%
Life 9.68% 9.75%

Expense Ratio and Sales Charge As of 02/01/2015 (updated annually)

Gross Expense Ratio5 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."

Strategy, Benefits, Results


  • 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.


  • 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.


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


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


For US residents only.