Franklin Equity Income Fund (FEIFX) belongs to the Dividend category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FEIFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FEIFX
FEIFX charges 0.58% annually. There are 17 mutual funds in the Dividend category with lower expense ratios, going as low as 0.07%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard Dividend Appreciation Index Fund Admiral ... | 0.07% | 129.60B | Dec 2013 | FEIFX vs VDADX | |
| Vanguard High Dividend Yield Index Fund Admiral Sh... | 0.08% | 96.20B | Feb 2019 | FEIFX vs VHYAX | |
| Vanguard International High Dividend Yield Index F... | 0.16% | 20.40B | Mar 2016 | FEIFX vs VIHAX | |
| Vanguard Equity Income Fund Admiral Shares | 0.19% | 65.40B | Aug 2001 | FEIFX vs VEIRX | |
| Vanguard Dividend Growth Fund | 0.20% | 35.70B | May 1992 | FEIFX vs VDIGX |
Best Risk-Adjusted Alternatives to FEIFX
FEIFX has a PortfoliosLab risk / return rank of 84. There are 28 mutual funds in the Dividend category with higher risk-adjusted ranks, going as high as 94.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Vanguard International High Dividend Yield Index F... | 94 | 20.40B | Mar 2016 | FEIFX vs VIHAX | |
| Federated Hermes Strategic Value Dividend Fund Cla... | 93 | — | Mar 2005 | FEIFX vs SVAAX | |
| Pioneer Multi-Asset Income Fund A | 92 | — | Dec 2011 | FEIFX vs PMAIX | |
| Goldman Sachs Equity Income Fund | 92 | — | Feb 1993 | FEIFX vs GSGRX | |
| Russell Investments Equity Income Fund | 91 | — | Mar 2000 | FEIFX vs REAYX |
Top Performing FEIFX Alternatives (YTD)
FEIFX is at 12.90% YTD. There are 33 mutual funds in the Dividend category with higher YTD returns, going as high as 21.19%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Transamerica Sustainable Equity Income Fund | 21.19% | — | Jan 2013 | FEIFX vs TRDIX | |
| Goldman Sachs Equity Income Fund | 18.68% | — | Feb 1993 | FEIFX vs GSGRX | |
| Vanguard International High Dividend Yield Index F... | 18.05% | 20.40B | Mar 2016 | FEIFX vs VIHAX | |
| Allspring Emerging Markets Equity Income Fund | 17.89% | — | May 2012 | FEIFX vs EQIIX | |
| Janus Henderson Global Equity Income Fund | 17.80% | — | Nov 2006 | FEIFX vs HFQAX |
Lowest Volatility Alternatives to FEIFX
FEIFX has 9.89% 1-year volatility. There are 13 mutual funds in the Dividend category with lower 1-year volatility, going as low as 5.97%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer Multi-Asset Income Fund A | 5.97% | — | Dec 2011 | FEIFX vs PMAIX | |
| American Funds The Income Fund of America Class A | 7.41% | — | Dec 1973 | FEIFX vs AMECX | |
| American Funds Capital Income Builder Fund Class F... | 8.19% | — | Jul 1987 | FEIFX vs CAIFX | |
| American Century Equity Income Fund | 8.59% | 6.45B | Aug 1994 | FEIFX vs TWEIX | |
| American Century Equity Income Fund Class I | 8.61% | — | Jul 1998 | FEIFX vs ACIIX |
Lowest Drawdown Alternatives to FEIFX
FEIFX has a 1-year max drawdown of -6.39%. There are 12 mutual funds in the Dividend category with shallower 1-year drawdowns, going as shallow as -4.07%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Pioneer Multi-Asset Income Fund A | -4.07% | — | Dec 2011 | FEIFX vs PMAIX | |
| Federated Hermes Strategic Value Dividend Fund Cla... | -4.71% | — | Mar 2005 | FEIFX vs SVAAX | |
| John Hancock Premium Dividend Fund | -5.38% | — | Dec 1989 | FEIFX vs PDT | |
| Goldman Sachs Equity Income Fund | -5.48% | — | Feb 1993 | FEIFX vs GSGRX | |
| Columbia Dividend Income Fund Institutional 3 Clas... | -5.51% | — | Nov 2012 | FEIFX vs CDDYX |
Other Mutual Funds from Franklin Templeton
The 10 most viewed Franklin Templeton mutual funds shown here include FKDNX, FKRCX, FKINX and span 9 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Franklin DynaTech Fund | Large Cap Growth Equities, Technology Equities | 10 | 1.52% | — | Jan 1968 | FEIFX vs FKDNX | |
| Franklin Gold and Precious Metals Fund | Gold, Precious Metals | 48 | -10.16% | — | May 1969 | FEIFX vs FKRCX | |
| Franklin Income Fund Class A1 | Diversified Portfolio | 87 | 5.21% | — | — | FEIFX vs FKINX | |
| Franklin Growth Fund Class A | Large Cap Growth Equities | 20 | 4.81% | — | Apr 1948 | FEIFX vs FKGRX | |
| ClearBridge Energy Midstream Opportunity Fund | MLPs, Energy Equities | 44 | 21.52% | — | Jun 2011 | FEIFX vs EMO | |
| Franklin Rising Dividends Fund | Large Cap Blend Equities | 41 | 8.25% | — | Jan 1987 | FEIFX vs FRDPX | |
| ClearBridge Large Cap Growth Fund | Large Cap Growth Equities | 6 | -0.11% | — | Aug 1997 | FEIFX vs SBLGX | |
| Templeton Institutional Fund International Equity ... | Foreign Large Cap Equities | 63 | 13.92% | — | Oct 1990 | FEIFX vs TFEQX | |
| Franklin Income Fund Advisor Class | Diversified Portfolio | 93 | 5.78% | — | Aug 1997 | FEIFX vs FRIAX | |
| ClearBridge Aggressive Growth Fund | Large Cap Blend Equities | 6 | 0.24% | — | Oct 1983 | FEIFX vs SHRAX |
Often Compared With FEIFX
Investors most often compare FEIFX with FAIRX, FLCOX, TORYX. These 20 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare FEIFX with Any Fund or Stock
Compare FEIFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FEIFX with funds that move differently
Franklin Equity Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FEIFX.
Explore FEIFX Diversifiers