FRETX Performance — Franklin Equity Income Fund, Class C
Data updated: 2026-09-25
FRETX returned +12.98% year to date and +20.60% over one year to Jul 2026. Annualised returns are +15.86% over 3 years and +10.54% over 5 years. The fund beat its US Large Blend category average: $100 invested three years ago grew to $156, against $153 for the category, and to $121 over one year, against $116. Volatility over the past three years was 11.23% a year. In the 12 months to Jul 2026 the fund took in a net $170.6M, and assets reached $5.03B.
FRETX Growth of $100
What $100 invested in Franklin Equity Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Blend category average over the same months.
| Period | FRETX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $121 | $116 |
| 3 years (Aug 2023 – Jul 2026) | $156 | $153 |
| 5 years (Aug 2021 – Jul 2026) | $165 | $159 |
| Since data start (Aug 2019 – Jul 2026) | $216 | $226 |
FRETX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +12.98% |
| 1 year | +20.60% |
| 3 years (annualised) | +15.86% |
| 5 years (annualised) | +10.54% |
FRETX Annual Returns
Calendar-year total returns of Franklin Equity Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +12.98% |
| 2025 | +16.07% |
| 2024 | +17.12% |
| 2023 | +8.23% |
| 2022 | −7.55% |
| 2021 | +24.28% |
| 2020 | +4.80% |
| 2019 (Aug–Dec) | +7.92% |
FRETX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.8% | +1.3% | −4.0% | +6.5% | +0.7% | +0.6% | +3.8% | — | — | — | — | — |
| 2025 | +4.7% | −1.2% | −3.1% | −2.9% | +4.1% | +4.4% | +2.9% | +2.8% | +1.3% | +0.7% | +2.2% | −0.4% |
| 2024 | +0.5% | +2.9% | +4.5% | −1.8% | +3.4% | −0.3% | +4.2% | +2.5% | +1.3% | −0.1% | +5.0% | −5.5% |
| 2023 | +3.1% | −2.8% | −0.1% | +1.8% | −3.5% | +5.5% | +3.0% | −1.5% | −4.5% | −4.2% | +6.9% | +5.0% |
| 2022 | −2.1% | −2.1% | +2.3% | −5.7% | +1.0% | −8.0% | +6.9% | −2.8% | −8.5% | +10.1% | +6.1% | −3.1% |
| 2021 | −2.2% | +3.0% | +6.0% | +4.0% | +2.5% | −0.6% | +2.3% | +2.2% | −3.2% | +6.8% | −3.4% | +5.2% |
| 2020 | −0.9% | −9.4% | −14.1% | +10.7% | +3.4% | −0.4% | +4.6% | +4.1% | −2.1% | −2.1% | +10.9% | +2.9% |
| 2019 | — | — | — | — | — | — | — | −1.5% | +2.7% | +1.2% | +2.6% | +2.8% |
FRETX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 11.23%
- 3-year Sharpe ratio: 1.01 (vs 4.5% risk-free rate)
- Best month: +6.94% (Nov 2023)
- Worst month: −5.52% (Dec 2024)
FRETX Fund Flows
Monthly money in and out of Franklin Equity Income Fund, from SEC Form N-PORT.
- 12-month net flow: $170.6M
- 12-month gross sales (incl. reinvestments): $1.4B
- Sales ÷ redemptions: 1.14×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $47.3M | $57.1M | −$9.8M |
| Jun 2026 | $277.4M | $282.0M | −$4.7M |
| May 2026 | $170.1M | $186.2M | −$16.1M |
| Apr 2026 | $43.8M | $70.6M | −$26.8M |
| Mar 2026 | $134.4M | $137.6M | −$3.3M |
| Feb 2026 | $80.3M | $88.6M | −$8.3M |
| Jan 2026 | $52.9M | $67.4M | −$14.5M |
| Dec 2025 | $407.8M | $105.1M | $302.7M |
| Nov 2025 | $35.8M | $49.7M | −$13.9M |
| Oct 2025 | $39.5M | $55.8M | −$16.3M |
| Sep 2025 | $55.0M | $55.4M | −$407K |
| Aug 2025 | $35.4M | $53.3M | −$17.9M |
FRETX Assets Under Management
Net assets of Franklin Equity Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $5.03B |
| 2026-04-30 | $4.83B |
| 2026-01-31 | $4.71B |
| 2025-10-31 | $4.54B |
| 2025-07-31 | $4.37B |
| 2025-04-30 | $3.96B |
| 2025-01-31 | $4.30B |
| 2024-10-31 | $4.18B |
| 2024-07-31 | $4.04B |
| 2024-04-30 | $3.81B |
| 2024-01-31 | $3.72B |
| 2023-10-31 | $3.36B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.