Franklin Adjustable U.S. Government Securities Fund (FISAX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

Franklin Adjustable U.S. Government Securities Fund (FISAX) is up 0.8% since the beginning of the year. FISAX is currently trading at $7 per share. Investors who bought $1,000 worth of FISAX shares 5 years ago would now be looking at an investment worth $1,113.

Franklin Adjustable U.S. Government Securities Fund (FISAX) has returned 0.78% so far this year and 3.75% over the past 12 months. Over the last ten years, FISAX has returned 1.53% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Oct 20, 1987, FISAX's average daily return is +0.01%, while the average monthly return is +0.23%. At this rate, an investment would double in approximately 25.1 years.

Historically, 76% of months were positive and 24% were negative. The best month was May 1995 with a return of +2.1%, while the worst month was Mar 2020 at -2.1%. The longest winning streak lasted 41 consecutive months, and the longest losing streak was 13 months.

On a daily basis, FISAX closed higher 23% of trading days. The best single day was Oct 3, 1990 with a return of +1.5%, while the worst single day was Mar 24, 2020 at -1.9%.

Franklin Adjustable U.S. Government Securities Fund has an annualized alpha of 2.86%, beta of -0.00, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since October 20, 1987.

• This fund captured 6.59% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -6.54%) - a profile typical of hedging or uncorrelated assets.
• Beta of -0.00 may look defensive, but with R2 of 0.00 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.00 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

FISAX has an expense ratio of 0.85%, placing it in the medium range.

FISAX ranks 93 for risk / return — in the top 93% 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.

Franklin Adjustable U.S. Government Securities Fund provided a 4.37% dividend yield over the last twelve months, with an annual payout of $0.33 per share.

The table displays the monthly dividend distributions for Franklin Adjustable U.S. Government Securities Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Franklin Adjustable U.S. Government Securities 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 Adjustable U.S. Government Securities Fund was 4.77%, occurring on Nov 3, 2022. Recovery took 310 trading sessions.

The current Franklin Adjustable U.S. Government Securities Fund drawdown is 0.27%.

The chart below shows the rolling one-month volatility.