Franklin Real Estate Securituies Fund Cl A (FREEX)
Franklin Real Estate Securituies Fund Cl A operates in the Asset Management industry of the Financial Services sector, headquartered in San Mateo, CA, US. The stock last traded at $17.32, up 0.58% on the session, giving a market capitalisation of $410.9M. Its beta of 0.94 implies it has historically moved less than the broad market.
This fund typically allocates a minimum of 80% of its net assets to equity holdings in companies predominantly involved in the U.S. real estate sector. This encompasses federally qualified Real Estate Investment Trusts (REITs), as well as businesses that derive at least half of their assets or revenue from activities such as the ownership, construction, management, operation, development, or sale of commercial or residential properties. Such companies may include real estate operating and service firms, homebuilders, hospitality providers, and property developers. The fund maintains a concentrated, non-diversified portfolio.
Franklin Real Estate Securituies Fund Cl A is most often compared with the following Financial Services names: