Morningstar

Franklin Utilities Fund Advisor Class FRUAX

Morningstar Medalist Rating
Medalist Rating as of | See Franklin Templeton Investment Hub
  • NAV / 1-Day Return 23.04  /  +0.52 %
  • Total Assets 6.6B
  • Adj. Expense Ratio
    0.550%
  • Expense Ratio 0.550%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Utilities
  • Investment Style Mid Value
  • Min. Initial Investment 100,000
  • Status Open
  • TTM Yield 2.51%
  • Turnover 11%

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:46 AM GMT+0

Morningstar’s Analysis FRUAX

Will FRUAX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FRUAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the FRUAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of FRUAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Losing a longtime manager doesn’t change its prospects.

Senior Analyst Todd Trubey

Todd Trubey

Senior Analyst

Summary

On April 17, 2026, Franklin Templeton announced that John Kohli was one of several portfolio managers departing as part of a series of voluntary buyout offers extended to eligible employees in February 2026. Kohli, who became a listed manager here in 1999, will be in place until Sept. 30, 2026; after that date, long-tenured comanager Blair Schmicker and recently promoted portfolio manager Luke Lotti will be the new team.

by Todd Trubey
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FRUAX

More FRUAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 48.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NextEra Energy Inc

9.57 675M
Utilities

Entergy Corp

6.44 455M
Utilities

Sempra

4.61 325M
Utilities

Southern Co

4.37 308M
Utilities

Evergy Inc

4.36 308M
Utilities

Duke Energy Corp

4.33 306M
Utilities

PPL Corp

3.82 270M
Utilities

Constellation Energy Corp

3.80 268M
Utilities

PG&E Corp

3.77 266M
Utilities

Vistra Corp

3.70 261M
Utilities

Sponsor Center