Franklin U.S. Government Securities Fund (FKUSX)
The fund normally invests at least 80% of its net assets in U.S. government securities. It invests substantially all of its assets in Government National Mortgage Association obligations (Ginnie Maes). The mortgage loans may have either fixed or adjustable interest rates. As the underlying mortgage loans are paid off, Ginnie Maes provide investors with monthly payments of interest and principal as well as any unscheduled prepayments on the underlying mortgage loans.
Fund Info
US3534966078
353496607
May 28, 1970
$1,000
Expense Ratio
FKUSX has an expense ratio of 0.76%, placing it in the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Franklin U.S. Government Securities Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Franklin U.S. Government Securities Fund had a return of 2.70% year-to-date (YTD) and 6.36% in the last 12 months. Over the past 10 years, Franklin U.S. Government Securities Fund had an annualized return of 0.46%, while the S&P 500 had an annualized return of 10.21%, indicating that Franklin U.S. Government Securities Fund did not perform as well as the benchmark.
FKUSX
2.70%
0.00%
2.04%
6.36%
-1.09%
0.46%
^GSPC (Benchmark)
-5.45%
-0.36%
-4.66%
8.69%
13.87%
10.21%
Monthly Returns
The table below presents the monthly returns of FKUSX, 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 | 0.50% | 2.30% | -0.12% | 0.00% | 2.70% | ||||||||
| 2024 | -0.52% | -1.49% | 0.88% | -2.50% | 1.72% | 0.90% | 2.28% | 1.45% | 1.05% | -2.75% | 1.05% | -1.48% | 0.43% |
| 2023 | 2.79% | -2.44% | 2.01% | 0.45% | -0.72% | -0.53% | -0.14% | -0.73% | -2.72% | -1.99% | 4.49% | 4.10% | 4.34% |
| 2022 | -1.01% | -0.49% | -2.61% | -2.87% | 0.97% | -1.44% | 2.48% | -2.72% | -4.69% | -0.95% | 3.70% | -0.94% | -10.33% |
| 2021 | -0.15% | -0.31% | -0.45% | 0.18% | -0.48% | -0.14% | 0.20% | 0.00% | -0.14% | -0.32% | -0.15% | -0.33% | -2.06% |
| 2020 | 0.56% | 0.73% | 1.54% | 0.37% | 0.23% | -0.26% | -0.10% | 0.05% | -0.13% | 0.20% | 0.20% | 0.02% | 3.45% |
| 2019 | 0.77% | -0.07% | 1.27% | -0.08% | 1.09% | 0.92% | 0.40% | 1.06% | -0.08% | 0.23% | -0.10% | -0.08% | 5.44% |
| 2018 | -0.91% | -0.59% | 0.42% | -0.42% | 0.44% | 0.08% | -0.07% | 0.44% | -0.58% | -0.77% | 0.78% | 1.46% | 0.27% |
| 2017 | -0.07% | 0.42% | -0.22% | 0.41% | 0.42% | -0.55% | 0.42% | 0.42% | -0.08% | -0.26% | -0.25% | 0.08% | 0.74% |
| 2016 | 0.74% | 0.25% | 0.11% | 0.11% | 0.27% | 0.41% | 0.10% | 0.10% | 0.23% | -0.20% | -1.19% | -0.22% | 0.69% |
| 2015 | 0.28% | 0.28% | 0.43% | 0.14% | -0.05% | -0.65% | 0.27% | -0.20% | 0.42% | 0.12% | -0.05% | -0.05% | 0.95% |
| 2014 | 1.54% | 0.31% | -0.48% | 0.76% | 0.60% | 0.29% | -0.48% | 0.59% | -0.03% | 0.74% | 0.43% | -0.03% | 4.30% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 76, FKUSX is among the top 24% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Franklin U.S. Government Securities Fund (FKUSX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Franklin U.S. Government Securities Fund provided a 3.15% dividend yield over the last twelve months, with an annual payout of $0.16 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.16 | $0.17 | $0.16 | $0.14 | $0.14 | $0.16 | $0.18 | $0.18 | $0.19 | $0.20 | $0.21 | $0.22 |
Dividend yield | 3.15% | 3.43% | 3.02% | 2.81% | 2.34% | 2.58% | 2.94% | 3.12% | 3.07% | 3.15% | 3.32% | 3.45% |
Monthly Dividends
The table displays the monthly dividend distributions for Franklin U.S. Government Securities 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 | $0.02 | $0.02 | $0.01 | $0.00 | $0.04 | ||||||||
| 2024 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.17 |
| 2023 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.16 |
| 2022 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.14 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.14 |
| 2020 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.16 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.18 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.18 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.19 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.20 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2014 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the Franklin 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 U.S. Government Securities Fund was 16.50%, occurring on Oct 25, 2023. The portfolio has not yet recovered.
The current Franklin U.S. Government Securities Fund drawdown is 5.67%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -16.5% | Jun 12, 2020 | 849 | Oct 25, 2023 | — | — | — |
| -6.04% | Feb 1, 1994 | 70 | May 9, 1994 | 194 | Feb 3, 1995 | 264 |
| -5.21% | Mar 30, 1987 | 144 | Oct 15, 1987 | 20 | Nov 12, 1987 | 164 |
| -4.32% | Aug 6, 1996 | 19 | Aug 30, 1996 | 54 | Nov 14, 1996 | 73 |
| -4.25% | Sep 27, 2012 | 235 | Sep 5, 2013 | 168 | May 7, 2014 | 403 |
Volatility
Volatility Chart
The current Franklin U.S. Government Securities Fund volatility is 2.16%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.