Franklin Strategic Income Fund (FRSTX) belongs to the Multisector Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with FRSTX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to FRSTX
FRSTX charges 0.89% annually. There are 49 mutual funds in the Multisector Bonds category with lower expense ratios, going as low as 0.05%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Doubleline Selective Credit Fund | 0.05% | — | Aug 2014 | FRSTX vs DBSCX | |
| Vanguard Multi-Sector Income Bond Fund Admiral Sha... | 0.30% | — | Oct 2021 | FRSTX vs VMSAX | |
| JPMorgan Income Fund Class I | 0.40% | — | Jun 2014 | FRSTX vs JMSIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 0.40% | — | Jul 2016 | FRSTX vs BWDTX | |
| Mercer Opportunistic Fixed Income Fund | 0.44% | — | Aug 2013 | FRSTX vs MOFIX |
Best Risk-Adjusted Alternatives to FRSTX
FRSTX has a PortfoliosLab risk / return rank of 18. There are 78 mutual funds in the Multisector Bonds category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 99 | — | Nov 2015 | FRSTX vs NWXHX | |
| Nationwide Strategic Income A | 99 | — | Nov 2015 | FRSTX vs NWXEX | |
| Rational Special Situations Income Fund | 98 | — | Jul 2019 | FRSTX vs RFXIX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 98 | — | Jul 2016 | FRSTX vs BWDTX | |
| Oaktree Diversified Income Fund Inc. Class D | 98 | — | Nov 2021 | FRSTX vs ODIDX |
Top Performing FRSTX Alternatives (YTD)
FRSTX is at -0.50% YTD. There are 82 mutual funds in the Multisector Bonds category with higher YTD returns, going as high as 3.47%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| abrdn Income Credit Strategies Fund | 3.47% | — | Jan 2011 | FRSTX vs ACP | |
| BrandywineGLOBAL - Flexible Bond Fund | 3.07% | — | May 2016 | FRSTX vs LFLIX | |
| Saba Capital Income & Opportunities Fund | 3.06% | — | Dec 1987 | FRSTX vs BRW | |
| Intrepid Income Fund | 2.85% | — | Aug 2010 | FRSTX vs ICMUX | |
| Nationwide Amundi Strategic Income Fund | 2.57% | — | Nov 2015 | FRSTX vs NWXHX |
Lowest Volatility Alternatives to FRSTX
FRSTX has 3.77% 1-year volatility. There are 61 mutual funds in the Multisector Bonds category with lower 1-year volatility, going as low as 1.17%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | 1.17% | — | Nov 2015 | FRSTX vs NWXHX | |
| Nationwide Strategic Income A | 1.24% | — | Nov 2015 | FRSTX vs NWXEX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | 1.31% | — | Jul 2016 | FRSTX vs BWDTX | |
| Rational Special Situations Income Fund | 1.38% | — | Jul 2019 | FRSTX vs RFXIX | |
| Oaktree Diversified Income Fund Inc. Class D | 1.47% | — | Nov 2021 | FRSTX vs ODIDX |
Lowest Drawdown Alternatives to FRSTX
FRSTX has a 1-year max drawdown of -2.95%. There are 55 mutual funds in the Multisector Bonds category with shallower 1-year drawdowns, going as shallow as -0.41%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nationwide Amundi Strategic Income Fund | -0.41% | — | Nov 2015 | FRSTX vs NWXHX | |
| Nationwide Strategic Income A | -0.43% | — | Nov 2015 | FRSTX vs NWXEX | |
| Rational Special Situations Income Fund | -0.72% | — | Jul 2019 | FRSTX vs RFXIX | |
| CrossingBridge Low Duration High Yield Fund | -0.73% | — | Jan 2018 | FRSTX vs CBLDX | |
| Boyd Watterson Limited Duration Enhanced Income Fu... | -1.00% | — | Jul 2016 | FRSTX vs BWDTX |
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 | FRSTX vs FKDNX | |
| Franklin Gold and Precious Metals Fund | Gold, Precious Metals | 48 | -10.16% | — | May 1969 | FRSTX vs FKRCX | |
| Franklin Income Fund Class A1 | Diversified Portfolio | 87 | 5.21% | — | — | FRSTX vs FKINX | |
| Franklin Growth Fund Class A | Large Cap Growth Equities | 20 | 4.81% | — | Apr 1948 | FRSTX vs FKGRX | |
| ClearBridge Energy Midstream Opportunity Fund Inc. | MLPs, Energy Equities | 44 | 21.52% | — | Jun 2011 | FRSTX vs EMO | |
| Franklin Rising Dividends Fund | Large Cap Blend Equities | 41 | 8.25% | — | Jan 1987 | FRSTX vs FRDPX | |
| ClearBridge Large Cap Growth Fund | Large Cap Growth Equities | 6 | -0.11% | — | Aug 1997 | FRSTX vs SBLGX | |
| Templeton Institutional Fund International Equity ... | Foreign Large Cap Equities | 63 | 13.92% | — | Oct 1990 | FRSTX vs TFEQX | |
| Franklin Income Fund Advisor Class | Diversified Portfolio | 93 | 5.78% | — | Aug 1997 | FRSTX vs FRIAX | |
| ClearBridge Aggressive Growth Fund | Large Cap Blend Equities | 6 | 0.24% | — | Oct 1983 | FRSTX vs SHRAX |
Often Compared With FRSTX
Investors most often compare FRSTX with FXAIX, PTY, JSVIX. These 15 comparison targets span 5 categories, based on PortfoliosLab usage data.
Compare FRSTX with Any Fund or Stock
Compare FRSTX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair FRSTX with funds that move differently
Franklin Strategic Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to FRSTX.
Explore FRSTX Diversifiers