FRDRX Mutual Fund — Franklin Rising Dividends R

Franklin Rising Dividends R (FRDRX)

Updated October 16, 2026.

FRDRX is a Mutual Fund. its distribution rate is 0.43%, its trailing-12-month yield is 9.24%, its expense ratio is 1.08%. Dividend Vision Distribution Safety Score™ is 71/100 (Generally safe). Total return is 637.6% over the past 24.6 years, 301.3 points behind SPY at 938.9%.

Franklin Rising Dividends R is a mutual fund that invests at least 80% of its assets in equities of companies with a history of consistently rising dividend payments, with companies of any size across the market spectrum and up to 25% in foreign securities. The fund carries an expense ratio of 1.08% and maintains a modest current distribution rate. This fund appeals to dividend growth investors seeking companies with established track records of increasing payouts rather than those prioritizing current income yield.

FRDRX performance versus SPY

Price and return data through 2026-10-16.

Total return is 637.6% over the past 24.6 years, 301.3 points behind SPY at 938.9%. Over the past year its total return — price change plus distributions reinvested — is 9.5%. Its deepest 1-year drawdown was 7.1%.

FRDRX key facts

Distribution Safety Score™

71 · Generally safe

Safety-Adjusted Yield

0.31%

Issuer

Franklin Templeton

Asset type

Mutual Fund

Asset class

Equity

Expense ratio

1.08%

Distribution rate

0.43%

Distribution frequency

Quarterly

Trailing yield

9.24%

Last close

$97.02 (as of 2026-10-16)

NAV

$98.57 as of 2026-09-30; source eodhd (stale)

Premium / discount

N/A (price 2026-10-16, NAV 2026-09-30) (NAV stale)

AUM

$20,113,666,048

Average volume

0.0

Dividend

$0.115

Ex-dividend date

07/20/2026

Beta

0.73

How Dividend Vision calculates yield and returns

Distribution rate (0.43%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (9.24%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Franklin Templeton; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FRDRX risks and drawbacks

FRDRX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Payments are quarterly, so cash flow is lumpy versus a monthly fund. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 7.1%.

Who may consider FRDRX — and who may not

It is a weaker fit for investors who need monthly cash flow (FRDRX pays quarterly); investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

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Frequently asked questions

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