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Franklin Income Fund US and Luxembourg Versons Comparison

Franklin Income Fund US version has lower expense ratio of 0.62%, while the Luxembourg version has a expense raio of 1.67%.


Strategies

  • US Version: using a value-oriented approach, we screen a broad universe of securities across asset classes, looking for those that we believe are undervalued or out-of-favor.
  • Luxembourg Version: the Fund aims to maximise income while maintaining prospects for capital appreciation by investing primarily in equity securities and long & short-term debt securities. The Fund may invest up to 25% of its net assets in non-U.S. securities.

Top Holdings (As of 03/31/2022)

US Luxembourg
Asset Weight (%) Asset Percentag
COMMUNITY HEALTH SYSTEMS, INC. 4.47 GOVERNMENT OF THE UNITED STATES OF AMERICA 5.11
UNITED STATES TREASURIES 4.36 COMMUNITY HEALTH SYSTEMS, INC. 2.76
GOVERNMENT OF THE UNITED STATES OF AMERICA 3.85 BAUSCH HEALTH COMPANIES INC. 2.45
BAUSCH HEALTH COMPANIES INC. 2.53 JPMORGAN CHASE & CO. 2.30
JPMORGAN CHASE & CO. 2.51 BANK OF AMERICA CORP 2.04
CHEVRON CORPORATION 2.10 BROADCOM INC. 2.04
ABBVIE, INC. 1.85 ABBVIE, INC. 1.91
SOUTHERN COMPANY 1.69 SOUTHERN COMPAN 1.85
BANK OF AMERICA CORP 1.51 DISH NETWORK CORP. 1.58
DISH NETWORK CORP. 1.49 VERIZON COMMUNICATIONS INC. 1.48

Performance Comparioson

Comparing on the 28th of April, 2022

  • US version 1 year return: 6.43%.
  • Luxembourg version 1 year return: 7.22%.
  • US version 3 year return: 24.98%.
  • Luxembourg version 3 year return: 19.88%.
  • US version 5 year return: 36.34%.
  • Luxembourg version 5 year return: 28.25%.
  • US version 10 year return: 94.11%.
  • Luxembourg version 10 year return: 60.99%.
  • US version 15 year return: 126.61%.
  • Luxembourg version 15 year return: 83.60%.

Seems like the Luxembourg version is seriously beat by the US version.

Some investors pay tax to dividends given out by the US version but not the Luxembourg version. Let's compare the performannce with dividend tax.
Investment duration: days (max = 5590).
Dividend Tax on US Verson: %

Comparison Results:

  • Begining Date:.
  • End Date:.
  • Franklin Income Fund Luxembourg Verson Cumulative Return:%.
  • Franklin Income Fund US Verson Cumulative Return:%.

Simulate 100 Times

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