FRSTX vs. PTY
Compare and contrast key facts about Franklin Strategic Income Fund (FRSTX) and PIMCO Corporate & Income Opportunity Fund (PTY).
FRSTX is managed by Franklin Templeton Investments. It was launched on May 23, 1994. PTY is managed by FPA. It was launched on Dec 24, 2002.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: FRSTX or PTY.
Correlation
The correlation between FRSTX and PTY is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
FRSTX vs. PTY - Performance Comparison
Key characteristics
FRSTX:
1.41
PTY:
2.05
FRSTX:
2.03
PTY:
2.38
FRSTX:
1.27
PTY:
1.58
FRSTX:
1.00
PTY:
0.90
FRSTX:
4.48
PTY:
6.70
FRSTX:
1.17%
PTY:
2.39%
FRSTX:
3.73%
PTY:
7.84%
FRSTX:
-19.09%
PTY:
-61.19%
FRSTX:
-1.21%
PTY:
-2.40%
Returns By Period
In the year-to-date period, FRSTX achieves a 1.13% return, which is significantly lower than PTY's 4.27% return. Over the past 10 years, FRSTX has underperformed PTY with an annualized return of 1.97%, while PTY has yielded a comparatively higher 9.53% annualized return.
FRSTX
1.13%
0.88%
0.25%
5.24%
1.01%
1.97%
PTY
4.27%
2.48%
9.03%
15.13%
4.25%
9.53%
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
FRSTX vs. PTY - Expense Ratio Comparison
FRSTX has a 0.89% expense ratio, which is lower than PTY's 1.19% expense ratio.
Risk-Adjusted Performance
FRSTX vs. PTY — Risk-Adjusted Performance Rank
FRSTX
PTY
FRSTX vs. PTY - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Franklin Strategic Income Fund (FRSTX) and PIMCO Corporate & Income Opportunity Fund (PTY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
FRSTX vs. PTY - Dividend Comparison
FRSTX's dividend yield for the trailing twelve months is around 4.75%, less than PTY's 9.69% yield.
TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
FRSTX Franklin Strategic Income Fund | 4.75% | 4.79% | 4.57% | 4.40% | 3.59% | 3.94% | 4.48% | 4.32% | 2.28% | 2.50% | 4.80% | 5.46% |
PTY PIMCO Corporate & Income Opportunity Fund | 9.69% | 9.93% | 10.77% | 13.12% | 9.16% | 8.74% | 8.89% | 10.63% | 9.48% | 11.81% | 12.67% | 13.90% |
Drawdowns
FRSTX vs. PTY - Drawdown Comparison
The maximum FRSTX drawdown since its inception was -19.09%, smaller than the maximum PTY drawdown of -61.19%. Use the drawdown chart below to compare losses from any high point for FRSTX and PTY. For additional features, visit the drawdowns tool.
Volatility
FRSTX vs. PTY - Volatility Comparison
Franklin Strategic Income Fund (FRSTX) has a higher volatility of 1.22% compared to PIMCO Corporate & Income Opportunity Fund (PTY) at 0.62%. This indicates that FRSTX's price experiences larger fluctuations and is considered to be riskier than PTY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.