Franklin K2 Alternative Strategies Fund (FABZX)
The investment seeks capital appreciation with lower volatility relative to the broad equity markets. The fund seeks to achieve its investment goal by allocating its assets across multiple non-traditional or "alternative" strategies, including, but not limited to, some or all of the following strategies: Long Short Equity, Relative Value, Event Driven and Global Macro. It may invest in a wide range of securities and other investments including, but not limited to: equity securities (which may include common stocks, preferred stocks and convertible securities) and debt securities.
Fund Info
US35241W5004
Oct 10, 2013
$100,000
Expense Ratio
FABZX has a high expense ratio of 1.95%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Franklin K2 Alternative Strategies Fund (FABZX) returned 1.28% year-to-date (YTD) and 0.92% over the past 12 months. Over the past 10 years, FABZX returned 1.39% annually, underperforming the S&P 500 benchmark at 10.87%.
FABZX
1.28%
2.11%
-2.17%
0.92%
1.97%
1.39%
^GSPC (Benchmark)
1.30%
12.79%
1.49%
12.35%
15.37%
10.87%
Monthly Returns
The table below presents the monthly returns of FABZX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.19% | 0.36% | -1.08% | -0.18% | 1.00% | 1.28% | |||||||
| 2024 | 0.82% | 2.35% | 2.03% | 0.00% | 1.56% | -0.60% | 1.11% | -0.00% | 1.61% | 0.08% | 1.33% | -4.20% | 6.09% |
| 2023 | 1.11% | -0.37% | -0.55% | 0.28% | -0.37% | 1.58% | 0.36% | -0.18% | -0.27% | -0.91% | 1.02% | 1.16% | 2.85% |
| 2022 | -2.08% | -1.61% | 0.34% | -2.15% | -1.32% | -2.40% | 1.55% | 0.54% | -2.23% | 0.27% | 1.00% | -0.82% | -8.64% |
| 2021 | -0.24% | 0.73% | -0.24% | 2.11% | -0.16% | 1.04% | -0.32% | 0.79% | -1.57% | 1.20% | -0.71% | -3.76% | -1.25% |
| 2020 | 0.09% | -1.21% | -5.70% | 2.42% | 2.09% | 0.71% | 1.77% | 1.48% | 0.26% | -0.26% | 3.76% | 1.24% | 6.51% |
| 2019 | 2.59% | 1.53% | 0.35% | 1.06% | -1.05% | 1.94% | 0.52% | -0.17% | -0.60% | -0.09% | 0.61% | 0.50% | 7.37% |
| 2018 | 1.68% | -0.87% | -0.70% | -0.09% | 0.62% | 0.53% | 0.52% | 0.43% | 0.35% | -2.67% | 0.27% | -4.41% | -4.41% |
| 2017 | 1.39% | 1.01% | 0.27% | 0.54% | 0.36% | 0.36% | 0.45% | 0.36% | -0.09% | 0.44% | 0.79% | 0.76% | 6.84% |
| 2016 | -3.00% | 0.10% | 1.06% | 0.96% | 0.28% | 0.47% | 1.41% | 0.19% | 0.65% | -1.20% | 0.47% | 0.58% | 1.90% |
| 2015 | 0.18% | 2.21% | 0.36% | -0.81% | 1.27% | -1.25% | 1.00% | -1.52% | -1.55% | 1.39% | -0.09% | -1.25% | -0.15% |
| 2014 | 0.67% | 2.58% | -1.03% | -0.75% | 1.14% | 1.31% | -1.48% | 1.51% | -0.93% | 0.00% | 2.43% | -0.22% | 5.26% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FABZX is 26, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Franklin K2 Alternative Strategies Fund (FABZX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Franklin K2 Alternative Strategies Fund provided a 6.53% dividend yield over the last twelve months, with an annual payout of $0.73 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.73 | $0.73 | $0.08 | $0.24 | $0.09 | $0.00 | $0.10 | $0.00 | $0.18 | $0.08 | $0.16 | $0.10 |
Dividend yield | 6.53% | 6.61% | 0.70% | 2.24% | 0.75% | 0.00% | 0.85% | 0.00% | 1.56% | 0.77% | 1.54% | 0.89% |
Monthly Dividends
The table displays the monthly dividend distributions for Franklin K2 Alternative Strategies Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.73 | $0.73 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.08 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.10 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.08 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2014 | $0.10 | $0.10 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Franklin K2 Alternative Strategies Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Franklin K2 Alternative Strategies Fund was 14.58%, occurring on Jul 14, 2022. The portfolio has not yet recovered.
The current Franklin K2 Alternative Strategies Fund drawdown is 4.66%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -14.58% | Nov 17, 2021 | 164 | Jul 14, 2022 | — | — | — |
| -10.62% | Feb 21, 2020 | 22 | Mar 23, 2020 | 111 | Aug 28, 2020 | 133 |
| -8.25% | Jun 24, 2015 | 158 | Feb 8, 2016 | 254 | Feb 9, 2017 | 412 |
| -7.48% | Sep 28, 2018 | 66 | Jan 3, 2019 | 240 | Dec 16, 2019 | 306 |
| -4.61% | Jul 7, 2014 | 72 | Oct 15, 2014 | 28 | Nov 24, 2014 | 100 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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