FRUSX Fees and Costs — Franklin Utilities Fund, Class C
Data updated: 2026-08-27
The net expense ratio is 1.20%: a 0.46% management fee, a 0.65% 12b-1 fee plus 0.09% other expenses. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $688K in broker commissions, 0.0102% of average net assets, and portfolio turnover was 11%.
FRUSX Fees and Expenses
Annual operating expenses and sales charges of FRUSX. Prospectus, as of September 30, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.46% |
| 12b-1 fee | 0.65% |
| Other expenses | 0.09% |
| Gross expense ratio | 1.20% |
| Fee waiver | — |
| Net expense ratio | 1.20% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
FRUSX Costs Over Time
On $10,000 invested in FRUSX, assuming 5% a year before costs, total costs come to $754 over 5 years, cutting the return by 1.27% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $104 | $0 | $0 |
| Fund expenses (net expense ratio 1.20%) | $126 | $392 | $679 |
| Trading costs (broker commissions) | $1 | $3 | $6 |
| Lost growth on money paid in costs | $0 | $20 | $69 |
| Total costs | $231 | $415 | $754 |
| Value after costs | $10,269 | $11,161 | $12,009 |
| Impact on return, per year | 2.31% | 1.27% | 1.27% |
FRUSX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending September 30, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0102%
- Total broker commissions: $688K
- Bought from dealers (principal trades, not a cost): $1.2B
- Portfolio turnover (prospectus): 11%
- Securities on loan, average value: $0
- Net income from securities lending: $92 (0.000% of average net assets)
FRUSX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $89K | 17.46% |
| RBC Capital Markets, LLC | $87K | 17.26% |
| Citigroup Global Markets Inc. | $62K | 12.25% |
| Goldman Sachs & Co. LLC | $48K | 9.48% |
| JonesTrading Institutional Services LLC | $44K | 8.75% |
| Cowen and Company | $39K | 7.64% |
| BTIG, LLC | $38K | 7.40% |
| ROBERT W. BAIRD & CO. INCORPORATED | $35K | 6.85% |
| Morgan Stanley & Co. LLC | $33K | 6.51% |
| Rosenblatt Securities Inc. | $33K | 6.42% |
FRUSX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.1B | 91.47% |
| Barclays Capital, Inc. | $50.0M | 4.01% |
| Goldman Sachs & Co. LLC | $30.0M | 2.40% |
| Morgan Stanley & Co. LLC | $20.0M | 1.60% |
| RBC Capital Markets, LLC | $5.6M | 0.45% |
| Fiduciary Trust Company International | $858K | 0.07% |
Franklin Utilities Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| FUFRX | Class R6 | 0.50% | none |
| FRUAX | Advisor Class | 0.55% | none |
| FKUTX | Class A1 | 0.70% | 3.75% |
| FKUQX | Class A | 0.80% | 3.75% |
| FRURX | Class R | 1.05% | none |
| FRUSX | Class C | 1.20% | none |
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.