Continue to site >
Trending ETFs

Franklin Payout 2022 Fund

mutual fund
FPOQX
Payout Change
Pending
Price as of:
$9.9902 +0.0 +0.0%
primary theme
N/A
share class
FPOQX (Mutual Fund)

Franklin Payout 2022 Fund

Payout Change
Pending
Price as of:
$9.9902 +0.0 +0.0%
primary theme
N/A
share class
FPOQX (Mutual Fund)

Franklin Payout 2022 Fund

Payout Change
Pending
Price as of:
$9.9902 +0.0 +0.0%
primary theme
N/A
share class

Name

As of 09/28/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.99

$3.65 M

1.40%

$0.14

0.45%

Vitals

YTD Return

-4.1%

1 yr return

0.3%

3 Yr Avg Return

3.9%

5 Yr Avg Return

N/A

Net Assets

$3.65 M

Holdings in Top 10

45.4%

52 WEEK LOW AND HIGH

$10.0
$9.99
$10.67

Expenses

OPERATING FEES

Expense Ratio 0.45%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 3.12%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 09/28/2021

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$9.99

$3.65 M

1.40%

$0.14

0.45%

FPOQX - Profile

Distributions

  • YTD Total Return -4.1%
  • 3 Yr Annualized Total Return 3.9%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.18%
DIVIDENDS
  • Dividend Yield 1.4%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Franklin Payout 2022 Fund
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    Jan 23, 2018
  • Shares Outstanding
    175000
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    David Yuen

Fund Description


FPOQX - Performance

Return Ranking - Trailing

Period FPOQX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.1% -100.0% 8.7% 98.41%
1 Yr 0.3% -3.8% 24.9% 94.86%
3 Yr 3.9%* 1.4% 10.9% 88.37%
5 Yr N/A* 0.8% 9.1% N/A
10 Yr N/A* 2.5% 7.6% N/A

* Annualized

Return Ranking - Calendar

Period FPOQX Return Category Return Low Category Return High Rank in Category (%)
2023 1.7% -15.2% 12.6% 85.33%
2022 4.1% -1.1% 13.9% 86.77%
2021 N/A -13.1% 0.1% N/A
2020 N/A -12.3% 10.3% N/A
2019 N/A -74.7% 5.6% N/A

Total Return Ranking - Trailing

Period FPOQX Return Category Return Low Category Return High Rank in Category (%)
YTD -4.1% -100.0% 8.7% 98.41%
1 Yr 0.3% -3.8% 24.9% 92.34%
3 Yr 3.9%* 0.5% 10.9% 86.80%
5 Yr N/A* 0.2% 9.1% N/A
10 Yr N/A* 2.5% 7.6% N/A

* Annualized

Total Return Ranking - Calendar

Period FPOQX Return Category Return Low Category Return High Rank in Category (%)
2023 1.7% -15.2% 12.6% 85.33%
2022 4.1% -1.1% 13.9% 86.77%
2021 N/A -12.9% 0.3% N/A
2020 N/A -12.3% 12.7% N/A
2019 N/A -2.2% 8.9% N/A

NAV & Total Return History


FPOQX - Holdings

Concentration Analysis

FPOQX Category Low Category High FPOQX % Rank
Net Assets 3.65 M 129 K 16.7 B 97.28%
Number of Holdings 36 2 1564 25.29%
Net Assets in Top 10 1.66 M 104 K 16.6 B 99.22%
Weighting of Top 10 45.44% 4.5% 100.0% 76.82%

Top 10 Holdings

  1. Franklin IFT Money Market 13.38%
  2. United States Treasury Notes 2% 4.77%
  3. United States Treasury Notes 1.62% 4.74%
  4. Federal Home Loan Banks 2.5% 4.24%
  5. Federal Home Loan Banks 1.88% 4.20%
  6. MetLife Inc. 3.05% 2.85%
  7. JPMorgan Chase & Co. 3.25% 2.83%
  8. International Business Machines Corporation 2.88% 2.82%
  9. American Express Company 2.65% 2.82%
  10. Caterpillar Financial Services Corporation 2.55% 2.82%

Asset Allocation

Weighting Return Low Return High FPOQX % Rank
Bonds
86.79% -9.67% 127.57% 21.79%
Cash
13.22% -33.44% 99.04% 20.62%
Stocks
0.00% 0.00% 48.52% 75.10%
Preferred Stocks
0.00% 0.00% 32.02% 49.03%
Other
0.00% -1.96% 63.99% 60.31%
Convertible Bonds
0.00% 0.00% 6.40% 79.77%

Bond Sector Breakdown

Weighting Return Low Return High FPOQX % Rank
Corporate
58.94% 0.00% 99.97% 8.95%
Government
23.50% 0.00% 99.84% 58.37%
Cash & Equivalents
13.36% 0.03% 99.31% 31.91%
Securitized
4.20% 0.00% 90.72% 71.21%
Derivative
0.00% 0.00% 15.12% 48.64%
Municipal
0.00% 0.00% 99.92% 74.32%

Bond Geographic Breakdown

Weighting Return Low Return High FPOQX % Rank
US
75.57% -9.67% 127.57% 22.18%
Non US
11.22% -15.81% 18.51% 23.35%

FPOQX - Expenses

Operational Fees

FPOQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.45% 0.06% 3.21% 48.06%
Management Fee 0.30% 0.00% 0.77% 72.08%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.01% 0.30% 55.10%

Sales Fees

FPOQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.75% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

FPOQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FPOQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 3.12% 0.00% 130.00% 15.77%

FPOQX - Distributions

Dividend Yield Analysis

FPOQX Category Low Category High FPOQX % Rank
Dividend Yield 1.40% 0.00% 1.78% 4.25%

Dividend Distribution Analysis

FPOQX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Semi-Annually Monthly Monthly

Net Income Ratio Analysis

FPOQX Category Low Category High FPOQX % Rank
Net Income Ratio 2.18% -0.09% 7.19% 29.02%

Capital Gain Distribution Analysis

FPOQX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

FPOQX - Fund Manager Analysis

Managers

David Yuen


Start Date

Tenure

Tenure Rank

Jan 23, 2018

3.61

3.6%

David Yuen joined Franklin Templeton Investments in 2000.He was appointed Chief Investment Officer of Global Long/Short Absolute Return Strategy in 2010. Previously, he was co-CIO of US Large Cap Value Equities and CIO of the Advanced Value Fund (since 2009), as well as director of research for US Large Cap Value (since early 2008). Yuen had been the director of research for Emerging Markets Value since August 2002. He joined Bernstein in 1998 as a research analyst, covering the global retailing industry, and became a senior research analyst in 1999, covering retail, textile & apparel, gaming & lodging, and consumer appliances. Prior to joining Bernstein, Yuen worked as a senior vice president of The Coleman Company from 1994 to 1998. From 1988 to 1994, he was a consultant, then partner, at WKI, a management-consulting firm specializing in emerging-market strategies. Prior to that, Yuen was a consultant with Bain & Company. He received a BS in operations research from Columbia University’s School of Engineering in 1986. Location: New York

Tina Chou


Start Date

Tenure

Tenure Rank

Oct 15, 2019

1.88

1.9%

Thomas Runkel


Start Date

Tenure

Tenure Rank

Oct 15, 2019

1.88

1.9%

Tom Runkel is a vice president and portfolio manager for Franklin Templeton Investments. Mr. Runkel focuses on relative value security selection and allocation among the credit sectors for the multi-sector fixed income portfolios. He also serves as the director of portfolio strategies and the lead portfolio manager for the SMA Taxable Fixed Income strategies and supervises the Franklin SMA Taxable Fixed Income Portfolio Management team. Mr. Runkel joined Franklin in 1983 and served as a senior portfolio manager for Franklin's taxable money fund and investment grade fixed income assets as well as a trader for taxable fixed income and equity securities. Mr. Runkel founded Runkel Funds, Inc. in 2002 and managed a large-cap value fund until late 2005 before returning to Franklin in 2006. Mr. Runkel has an M.B.A. from the University of Santa Clara and earned a B.S. in political science from the University of California, Davis. He is a Chartered Financial Analyst (CFA) charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 16.84 5.1 3.0