| Ticker: | FKUTX |
| Manager: | John Kohli |
| Manager Since: | 12/98 |
| NAV (05/20/2013): | 15.61 |
| Objective: | Equity - Sector Utilities |
| Peer: | UT LV |
| Net Assets ($mil): | 3076.13 |
| Inception: | 09/30/1948 |
FKUTX : Description
The fund was incepted in September 1948 and is managed by Franklin Advisers. The objective of this fund is to seek capital appreciation and current income. The fund invests at least 80% of its net assets in the securities of public utilities companies. The fund invests more than 25% of its total assets in companies operating in the utilities industry. The manager expects that more than 50% of the fund's assets will be invested in electric utilities securities. The fund invests primarily in equity securities. The fund may invest up to 25% of its assets in debt securities. The fund offers dividends quarterly and capital gains, if any annually.
FKUTX : Composition - 05/13
| Stocks | 97.34% |
| Foreign Stocks | 5.45% |
| Cash | 0.69% |
| Bonds | 1.81% |
| Foreign Bonds | 0.00% |
| Preferred | 0.00% |
| Convertible | 0.00% |
| Other | 0.16% |
| Foreign Hedged | 0.00% |
FKUTX : Style Analysis - 05/13
| Large Growth | 0.00% |
| Large Value | 52.57% |
| Small Growth | 0.00% |
| Small Value | 0.00% |
| Foreign Stock | 0.00% |
| Emerging Market | 0.00% |
| Precious Metals | 0.00% |
| Intermediate Bond | 0.00% |
| High Yield Bond | 0.00% |
| Foreign Bond | 0.00% |
FKUTX : Risk Analysis
| Beta v. S&P 500 | 0.47 |
| Beta v. EAFE | -0.02 |
| Beta v. Barclays Agg Bond | 1.40 |
| Alpha 3 Yr | 12.45 |
| Alpha 5 Yr | 4.67 |
| R-Sq 3 Yr | 0.30 |
| R-Sq 5 Yr | 0.48 |
| Std Dev 3 Yr | 9.36 |
| Std Dev 5 Yr | 13.20 |
| Sharpe 3 Yr | 1.87 |
| Sharpe 5 Yr | 0.61 |
FKUTX : Fees
| Expense Ratio | 0.76 |
| % Max Load | 4.25 |
| % Min Load | 0.00 |
| % Deferred Load | NA |
| % Redemption | NA |
| % Max 12 B1 Fee | 0.15 |
| % Max Mgt Fee | 0.46 |
FKUTX : Purchase Choices:
| Min Initial Investment | 1000 |
| Min Subsequent Investment | 0 |
FKUTX : Returns Analysis - Annual
| 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | YTD | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NAV ($) | 9.41 | 11.09 | 11.77 | 13.66 | 14.74 | 10.52 | 11.29 | 11.60 | 13.37 | 13.62 | 15.61 |
| Total Return (%) | 19.30 | 23.11 | 10.73 | 23.88 | 16.41 | -25.57 | 13.80 | 6.84 | 19.44 | 5.64 | 17.89 |
| Annual Dividend Yield (%) | 4.22 | 3.81 | 3.32 | 2.91 | 2.33 | 3.75 | 3.73 | 3.52 | 3.17 | 3.46 | 2.99 |
| Relative Performance | |||||||||||
| Rel Performance-S&P500(%) | -93.91 | 122.44 | 58.41 | 80.93 | 109.17 | 114.30 | -126.16 | -82.17 | 173.44 | -103.46 | 51.48 |
| Rel Performance-Obj.Ret.(%) | -6.01 | 6.06 | -17.42 | -3.54 | 9.58 | 122.44 | -82.83 | -40.38 | 143.66 | -59.67 | 32.98 |
| Ret.Quintile vs Obj(1 is best) | 4 | 3 | 4 | 3 | 4 | 1 | 4 | 4 | 1 | 4 | 2 |
| Turnover, Yields, and Gains | |||||||||||
| Fund Assets Net($mil) | 1,342 | 1,451 | 1,655 | 1,927 | 2,158 | 1,769 | 1,543 | 1,824 | 2,220 | 3,076 | 3,076 |
| Annual Turnover (%) | 25.81 | 16.13 | 18.62 | 7.97 | 10.84 | 8.32 | 15.49 | 5.27 | 5.21 | 1.27 | 1.27 |
| Annual Dividend Paid ($) | 0.41 | 0.44 | 0.41 | 0.42 | 0.37 | 0.41 | 0.44 | 0.42 | 0.44 | 0.49 | 0.11 |
| Annual Capital Gains Paid($) | 0.00 | 0.00 | 0.09 | 0.44 | 0.76 | 0.08 | 0.16 | 0.00 | 0.00 | 0.00 | 0.00 |
FKUTX : Returns Analysis - Trailing Total Return
| 1 Month | 3 Month | 6 Month | YTD | 1 Year | 3 Year | 5 Year | 10 Year | 15 Year | 20 Year | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Return (through 05/13) | 5.35% | 12.75% | 14.19% | 17.89% | 21.51% | 17.16% | 7.38% | 11.98% | 8.42% | 8.48% |
| Ret. Percentile vs. Obj. (1 is best) | 17 | 20 | 56 | 20 | 49 | 18 | 2 | 30 | 21 | 38 |
FKUTX : Stock Portfolio Snapshot - 05/13
| Average Price/Earnings | 15.96 |
| Average Price/Book | 1.84 |
| Average EPS Growth | 3.75 |
| Average Market Value | 18,925.00 |
FKUTX : Stock Sector Breakout - 05/13
FKUTX : Top Holdings - 05/13
| Name | Weight | Shares |
|---|---|---|
| DUKE ENERGY CORP | 5.11 | 3,500,000 |
| EDISON INTL | 4.66 | 4,500,000 |
| SEMPRA ENERGY | 4.06 | 2,500,000 |
| AMERICAN ELECTRIC POWER | 4.01 | 4,100,000 |
| EXELON CORP | 3.34 | 4,900,000 |
| SOUTHERN CO/THE | 3.92 | 4,000,000 |
| DOMINION RESOURCES INC VA | 3.68 | 3,100,000 |
| P G & E CORP | 3.50 | 3,800,000 |
| NEXTERA ENERGY INC | 3.96 | 2,500,000 |