- ISIN
- US3536126333
- CUSIP
- 353612633
- Issuer
- Franklin Templeton
- Inception Date
- May 15, 2008
- Category
- Large Cap Value Equities
- Min. Investment
- $100,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
FEIFX Performance Chart
Franklin Equity Income Fund (FEIFX) is up 9.8% since the beginning of the year. FEIFX is currently trading at $36 per share. Investors who bought $1,000 worth of FEIFX shares 5 years ago would now be looking at an investment worth $1,976.
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Returns By Period
Franklin Equity Income Fund (FEIFX) has returned 9.76% so far this year and 24.41% over the past 12 months. Over the last ten years, FEIFX has had an annualized return of 13.68%, just under the S&P 500 Index benchmark’s 13.88%.
Franklin Equity Income Fund
- 1D
- 0.14%
- 1M
- 1.42%
- YTD
- 9.76%
- 6M
- 9.20%
- 1Y
- 24.41%
- 3Y*
- 16.63%
- 5Y*
- 14.59%
- 10Y*
- 13.68%
Benchmark (S&P 500 Index)
- 1D
- -0.37%
- 1M
- -0.01%
- YTD
- 9.16%
- 6M
- 8.64%
- 1Y
- 25.22%
- 3Y*
- 19.78%
- 5Y*
- 11.99%
- 10Y*
- 13.88%
FEIFX Monthly Returns History
Based on dividend-adjusted daily data since Jan 2, 2009, FEIFX's average daily return is +0.05%, while the average monthly return is +1.10%. At this rate, an investment would double in approximately 5.3 years.
Historically, 65% of months were positive and 35% were negative. The best month was Dec 2021 with a return of +18.5%, while the worst month was Mar 2020 at -14.1%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 5 months.
On a daily basis, FEIFX closed higher 53% of trading days. The best single day was Dec 15, 2021 with a return of +13.5%, while the worst single day was Mar 16, 2020 at -11.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.81% | 1.42% | -3.90% | 6.63% | 0.73% | 1.00% | 9.76% | ||||||
| 2025 | 4.75% | -1.10% | -3.66% | -2.84% | 4.11% | 4.55% | 2.92% | 2.86% | 1.43% | 0.80% | 2.26% | -0.21% | 16.58% |
| 2024 | 0.58% | 2.94% | 4.64% | -1.74% | 3.47% | -0.21% | 4.26% | 2.56% | 1.38% | -0.06% | 5.06% | -5.35% | 18.44% |
| 2023 | 3.20% | -2.69% | 0.00% | 1.89% | -3.46% | 5.61% | 3.08% | -1.48% | -4.37% | -4.09% | 7.03% | 5.09% | 9.30% |
| 2022 | -1.97% | -2.05% | 2.35% | -5.64% | 1.02% | -7.87% | 7.02% | -2.71% | -8.40% | 10.25% | 6.16% | -3.09% | -6.64% |
| 2021 | -2.08% | 3.06% | 6.07% | 4.02% | 2.64% | -0.52% | 2.37% | 2.26% | -3.15% | 6.97% | -3.32% | 18.54% | 41.33% |
Benchmark Metrics
Franklin Equity Income Fund has an annualized alpha of 2.20%, beta of 0.82, and R2 of 0.81 versus S&P 500 Index. Calculated based on daily prices since January 02, 2009.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (91.96%) than losses (89.96%) - typical of diversified or defensive assets.
- This fund generated an annualized alpha of 2.20% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Alpha
- 2.20%
- Beta
- 0.82
- R²
- 0.81
- Upside Capture
- 91.96%
- Downside Capture
- 89.96%
Expense Ratio
FEIFX has an expense ratio of 0.58%, placing it in the medium range.
Return for Risk
Risk / Return Rank
FEIFX ranks 82 for risk / return — in the top 82% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Franklin Equity Income Fund (FEIFX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FEIFX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.45 | ||
| Sortino ratioReturn per unit of downside risk | +0.75 | ||
| Omega ratioGain probability vs. loss probability | 1.44 | 1.37 | +0.07 |
| Calmar ratioReturn relative to maximum drawdown | 3.84 | 2.78 | +1.05 |
| Martin ratioReturn relative to average drawdown | 15.17 | 12.44 | +2.73 |
Dividends
Dividend History
Franklin Equity Income Fund provided a 8.84% dividend yield over the last twelve months, with an annual payout of $3.21 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.21 | $3.24 | $3.37 | $1.31 | $1.64 | $5.80 | $0.90 | $2.16 | $1.63 | $1.27 | $1.53 | $1.22 |
Dividend yield | 8.84% | 9.72% | 10.73% | 4.45% | 5.84% | 18.19% | 3.28% | 8.06% | 7.27% | 5.04% | 6.70% | 5.63% |
Monthly Dividends
The table displays the monthly dividend distributions for Franklin Equity Income 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.00 | $0.18 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $2.86 | $3.24 |
| 2024 | $0.00 | $0.00 | $0.19 | $0.00 | $0.00 | $0.21 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $2.77 | $3.37 |
| 2023 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.22 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $0.71 | $1.31 |
| 2022 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.20 | $0.00 | $0.00 | $1.10 | $1.64 |
| 2021 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $0.16 | $0.00 | $0.00 | $0.17 | $0.00 | $0.00 | $5.30 | $5.80 |
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 Equity Income 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 Equity Income Fund was 35.39%, occurring on Mar 24, 2020. Recovery took 165 trading sessions.
The current Franklin Equity Income Fund drawdown is 0.98%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -35.39%Mar 2020 | 1mo 5d | 7mo 27d | 9mo 2dFeb 2020 - Nov 2020 |
Financial crisis2007–2009 | -25.30%Mar 2009 | 2mo 1d | 2mo 24d | 4mo 25dJan 2009 - Jun 2009 |
Bear market2022 | -18.53%Sep 2022 | 8mo 28d | 9mo 27d | 1y 6moJan 2022 - Jul 2023 |
2011 correction2011 | -18.50%Oct 2011 | 5mo 4d | 5mo 12d | 10mo 16dMay 2011 - Mar 2012 |
2025 selloff2025 | -16.69%Apr 2025 | 3mo 16d | 2mo 25d | 6mo 11dDec 2024 - Jul 2025 |
Drawdown Indicators
| FEIFX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -35.39% | -56.78% | +21.39% |
Max Drawdown (1Y)Largest decline over 1 year | -6.39% | -9.10% | +2.71% |
Max Drawdown (3Y)Largest decline over 3 years | -16.69% | -18.90% | +2.21% |
Max Drawdown (5Y)Largest decline over 5 years | -18.53% | -25.43% | +6.90% |
Max Drawdown (10Y)Largest decline over 10 years | -35.39% | -33.92% | -1.47% |
Current DrawdownCurrent decline from peak | -0.98% | -1.80% | +0.82% |
Average DrawdownAverage peak-to-trough decline | -3.51% | -10.71% | +7.20% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.61% | 2.03% | -0.42% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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