FSMFX : Franklin Strategic Mortgage Fund Class A

FSMFX is a Bond Market Total US Bond Market with HIGH fees.

FSMFX

Franklin Strategic Mortgage Fund Class A

FI Score

24 /100

Expense Ratio Rating

3 /10

Expense Rating

0 /10

Market Score

1 /10

Category Score

10 /10

Market Size

1 /10

24% FI Score
  • fsmfx
  • Mutual Fund
  • Bond
  • Total US Bond Market

Franklin Strategic Mortgage Fund Class A

Expenses: 1.00% (Better than 0% of similar funds)

This is a bad choice for a Total US Bond Market Bond fund. See why ยป

Fund Summary

The investment seeks a high total return relative to the performance of the general mortgage securities market. The fund invests at least 80% of its net assets in mortgage securities. It invests substantially in mortgage securities that are issued or guaranteed by the U.S. government, its agencies or instrumentalities, which include mortgage pass-through securities representing interests in "pools" of mortgage loans issued or guaranteed by the Government National Mortgage Association, Fannie Mae, and Freddie Mac. The fund may invest up to 15% of its net assets in foreign securities, which may include non-U.S. dollar denominated foreign mortgage securities.

Largest Holdings

Amount Holding
7.98% Fnma Pass-Thru I 4%
6.59% Fnma Pass-Thru I 3%
6.21% 2 Year Treasury Note Future June 20
5.30% Fnma Pass-Thru I 3%
4.99% Fnma Pass-Thru I 3.5%
4.91% Fnma Pass-Thru I 3.5%
4.83% Federal Home Loan Banks 3.5%
4.45% Federal National Mortgage Association 3%
2.63% Federal National Mortgage Association 3%
2.63% Federal National Mortgage Association 2.5%
2.62% Federal Home Loan Banks 3%
2.40% Federal National Mortgage Association 4.5%
2.17% Fnma Pass-Thru I 4.5%
2.06% Federal Home Loan Mortgage Corporation 3.5%
1.77% Fnma Pass-Thru I 3.5%
1.63% Federal National Mortgage Association 3.5%
1.07% Federal Home Loan Mortgage Corporation 4.5%
1.03% Fnma Pass-Thru I 3.5%
1.01% Fnma Pass-Thru I 3%
0.99% Federal Home Loan Banks 3%
0.99% Fnma Pass-Thru I 2.5%
0.94% Fnma Pass-Thru I 3.5%
0.93% Federal National Mortgage Association 3%

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