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Franklin Strategic Mortgage Fund (FSMIX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US35471H1086

CUSIP

35471H108

Inception Date

Feb 1, 1993

Min. Investment

$1,000

Asset Class

Bond

Expense Ratio

FSMIX has an expense ratio of 0.75%, placing it in the medium range.


Expense ratio chart for FSMIX: current value is 0.75%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
FSMIX: 0.75%

Share Price Chart


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Compare to other instruments

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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Franklin Strategic Mortgage Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


200.00%300.00%400.00%500.00%Nov 03Nov 10Nov 17Nov 24DecemberDec 08Dec 15Dec 22Dec 29Jan 05Jan 12Jan 19Jan 26Feb 02Feb 09Feb 16
167.47%
535.19%
FSMIX (Franklin Strategic Mortgage Fund)
Benchmark (^GSPC)

Returns By Period


FSMIX

YTD

N/A

1M

N/A

6M

N/A

1Y

N/A

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

-4.72%

1M

-0.51%

6M

-1.78%

1Y

11.67%

5Y*

14.69%

10Y*

10.26%

*Annualized

Monthly Returns

The table below presents the monthly returns of FSMIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20250.30%0.00%0.30%
2024-0.37%-1.50%0.81%-3.08%1.93%1.20%2.52%1.58%1.15%-2.85%1.20%-1.65%0.74%
20233.05%-2.38%1.81%0.62%-0.88%-0.49%-0.27%-0.76%-2.83%-2.15%4.83%4.11%4.39%
2022-1.55%-1.00%-2.60%-3.10%0.80%-1.36%2.91%-3.12%-4.46%-1.58%3.67%-0.50%-11.54%
20210.14%-0.49%-0.70%0.48%-0.29%0.07%0.69%-0.28%-0.28%-0.32%-0.08%-0.26%-1.34%
20200.89%0.98%-1.03%0.33%1.29%0.10%0.08%0.49%-0.08%0.02%0.14%0.37%3.62%
20190.86%-0.14%1.50%-0.02%1.28%0.59%0.31%1.04%-0.05%0.38%-0.17%0.03%5.72%
2018-1.10%-0.59%0.49%-0.66%0.74%-0.03%-0.14%0.64%-0.60%-0.69%0.76%1.62%0.40%
20170.17%0.55%-0.05%0.85%0.63%-0.22%0.48%0.59%-0.39%-0.02%-0.04%0.36%2.92%
20161.03%0.20%0.18%0.38%0.08%0.93%0.41%0.04%0.31%-0.20%-1.67%0.00%1.69%
20150.91%-0.52%0.54%-0.02%0.09%-0.90%0.84%-0.02%0.43%-0.03%-0.13%-0.08%1.11%
20141.60%0.50%0.05%0.91%0.91%0.38%-0.16%0.85%-0.20%0.63%0.72%0.34%6.71%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of FSMIX is 48, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of FSMIX is 4848
Overall Rank
The Sharpe Ratio Rank of FSMIX is 5252
Sharpe Ratio Rank
The Sortino Ratio Rank of FSMIX is 5252
Sortino Ratio Rank
The Omega Ratio Rank of FSMIX is 5151
Omega Ratio Rank
The Calmar Ratio Rank of FSMIX is 4141
Calmar Ratio Rank
The Martin Ratio Rank of FSMIX is 4242
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Franklin Strategic Mortgage Fund (FSMIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


There is not enough data available to calculate the Sharpe ratio for Franklin Strategic Mortgage Fund. We calculate this metric based on the past 12 months of trading data. Please check back later for updated information.


Rolling 12-month Sharpe Ratio0.001.002.003.00Nov 03Nov 10Nov 17Nov 24DecemberDec 08Dec 15Dec 22Dec 29Jan 05Jan 12Jan 19Jan 26Feb 02Feb 09Feb 16
0.59
1.62
FSMIX (Franklin Strategic Mortgage Fund)
Benchmark (^GSPC)

Dividends

Dividend History

Franklin Strategic Mortgage Fund provided a 102.55% dividend yield over the last twelve months, with an annual payout of $7.88 per share.


2.00%2.50%3.00%3.50%$0.00$0.10$0.20$0.30$0.4020142015201620172018201920202021202220232024
Dividends
Dividend Yield
PeriodTTM20242023202220212020201920182017201620152014
Dividend$7.88$0.27$0.24$0.19$0.17$0.21$0.31$0.33$0.31$0.23$0.23$0.35

Dividend yield

102.55%3.45%3.10%2.45%1.86%2.23%3.35%3.66%3.29%2.44%2.49%3.69%

Monthly Dividends

The table displays the monthly dividend distributions for Franklin Strategic Mortgage Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.02$7.68$7.70
2024$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.27
2023$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.24
2022$0.01$0.01$0.01$0.01$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.19
2021$0.01$0.01$0.02$0.01$0.01$0.02$0.01$0.01$0.01$0.01$0.01$0.02$0.17
2020$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.01$0.01$0.01$0.01$0.01$0.21
2019$0.03$0.03$0.03$0.03$0.03$0.02$0.03$0.03$0.02$0.02$0.02$0.02$0.31
2018$0.03$0.03$0.02$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.03$0.33
2017$0.03$0.02$0.02$0.03$0.03$0.03$0.02$0.03$0.02$0.02$0.04$0.02$0.31
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$0.23
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$0.23
2014$0.04$0.04$0.04$0.04$0.03$0.04$0.04$0.02$0.02$0.02$0.02$0.02$0.35

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.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%Nov 03Nov 10Nov 17Nov 24DecemberDec 08Dec 15Dec 22Dec 29Jan 05Jan 12Jan 19Jan 26Feb 02Feb 09Feb 16
-8.28%
-2.13%
FSMIX (Franklin Strategic Mortgage Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Franklin Strategic Mortgage 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 Strategic Mortgage Fund was 17.62%, occurring on Oct 25, 2023. The portfolio has not yet recovered.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-17.62%Feb 8, 2021684Oct 25, 2023
-12.13%Jan 16, 2008215Nov 20, 2008194Aug 31, 2009409
-4.69%Mar 10, 20208Mar 19, 202049May 29, 202057
-3.73%May 3, 201378Aug 22, 2013106Jan 24, 2014184
-3.18%Apr 9, 199988Aug 10, 199933Sep 24, 1999121

Volatility

Volatility Chart

The current Franklin Strategic Mortgage Fund volatility is 0.85%, 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.


1.00%2.00%3.00%4.00%5.00%Nov 03Nov 10Nov 17Nov 24DecemberDec 08Dec 15Dec 22Dec 29Jan 05Jan 12Jan 19Jan 26Feb 02Feb 09Feb 16
0.85%
3.43%
FSMIX (Franklin Strategic Mortgage Fund)
Benchmark (^GSPC)