Franklin Rising Dividends A (FRDPX - Free Report) a Zacks Ranked #2 (Buy) seeks long-term capital appreciation. FRDPX invests a large portion of its net assets in equity securities of financially sound companies that have paid consistently rising dividends, and that have increased dividends at least 100% over the last 10 years.
This Large Value fund, as of the last filing, allocates their fund in three major groups; Large Value, Intermediate Bond, Large Growth. Further, as of the last filing, ROPER INDUSTRIES INC, MICROSOFT CORP and MEDTRONIC PLC were the top holdings for FRDPX.
The Franklin Rising Dividends A fund, managed by Franklin/Temp, carries an expense ratio of 0.92. Moreover, FRDPX requires a minimal initial investment of $1,000.
FRDPX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 1.8%, 3 year 8.9%, and 5 year 9.59%. To see how this fund performed compared in its category, please click here.
FRDPX’s performance, as of the last filing, when compared to funds in its category was in the top 9% in 1 year, top 45% over the past 3 years, and in the 32% over the past 5 years.
To see the Zacks Mutual Fund Rank for the funds you’re interested in —plus, gain access to the Zacks Rank for your stocks and ETFs; Premium Screens; Equity Research Reports; Focus List portfolio of 50-longer-term stocks and more— start your 30-day free trial to Zacks Premium.