Franklin Rising Dividends Fund

Franklin Managed Trust · Series S000006858 · 5 share classes

Equity fund · 97% stocks
One fund, 5 share classes:FRDAXFRDPXFRDTXFRDRXFRISX
$27.36B NAV
56 positions · as of 2026-06-30 · filed 2026-08-27
data updated 2026-09-08

Fund profile

As filed in the prospectus · 2026 Q1

Long-term capital appreciation. Preservation of capital, while not a goal, is also an important consideration.

Strategy · summarised

The fund invests at least 65% of assets in equity securities of companies that have increased dividends in at least 8 of the last 10 years without decreasing them, doubled dividends over the decade, retain more than 35% of earnings, and carry manageable debt levels. The manager applies fundamental analysis and valuation screening to identify securities trading below intrinsic value, with the remainder of the 80% dividend-paying allocation in companies meeting less stringent criteria. Because performance depends on the manager's security selection and valuation judgments, results may diverge materially from broad market returns.

Expenses
0.52% 1.58%across 5 share classes
Share classGrossNet
FRDAX0.59%0.58%
FRDPX0.84%0.83%
FRDTX1.59%1.58%
FRDRX1.09%1.08%
FRISX0.52%0.52%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 11.20% · as of 2026 Q1

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q2

98.44%
of net assets
Stocks96.87%
Cash & short-term1.58%

Latest quarter

What changed since the fund's previous filing

2026Q2 vs 2026Q1: 3 new5 exited

New: UNH, PM, HONA

Exited: STERIS plc, Accenture plc, ROP, INTU, ERIE

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026

Share class1-year3-year5-yearVolWorst fall
+18.81%+36.74%+49.88%9.85%-7.64%
+18.52%+35.72%+48.02%9.85%-7.70%
+17.63%+32.71%+42.57%9.84%-7.87%
+18.22%+34.71%+46.18%9.85%-7.76%
+18.89%+37.01%+50.40%9.86%-7.62%

These classes hold the same portfolio, so the 7.83pp spread over 5 years is the cost difference between them — roughly 1.57pp a year — not a difference in what they own.

Cumulative return· Jul 2023 – Apr 2026

May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Microsoft Corp.MSFT5.49%$1.50B
Broadcom, Inc.AVGO4.75%$1.30B
Eli Lilly & Co.LLY4.16%$1.14B
Apple, Inc.AAPL4.11%$1.13B
JPMorgan Chase & Co.JPM3.89%$1.07B
Visa, Inc.V3.29%$898.90M
Linde plc3.22%$882.20M
Applied Materials, Inc.AMAT3.22%$880.98M
Walmart, Inc.WMT3.04%$833.03M
Analog Devices, Inc.ADI2.69%$734.76M
Showing 10 of 56Sign in to see more

Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.

Top 10 positions are 37.87% of net assets, top 25 66.32%, across 56 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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