What are the breakpoints for Franklin Templeton funds?
What are the breakpoints for Franklin Templeton funds?
Legg Mason Funds Sales Charge and Breakpoint Schedules
| Value of Shares | Sales charge as a % of offering price |
|---|---|
| $50,000 – $99,999 | 4.50 |
| $100,000 – $249,999 | 3.50 |
| $250,000 – $499,999 | 2.50 |
| $500,000 – $749,999 | 2.00 |
Is Frdpx a good investment?
Performance. The fund has returned 14.51 percent over the past year, 16.11 percent over the past three years, 14.41 percent over the past five years, and 12.68 percent over the past decade.
What are American Funds breakpoints?
A breakpoint is the total value that your American Funds account must have to qualify for a lower sales charge on Class A, Class 529-A and ABLE-A shares. The amount of your current investment is taken into account when determining the breakpoint at which the investment will be priced.
Is Franklin Income Fund a good investment?
Since Franklin Income Fund’s inception in 1948, it has traversed rising and declining interest rate environments, seeking what it considers the best income-generating opportunities at any given time. This has resulted in a record of strong returns for long-term investors.
What is breakpoint schedule?
Breakpoint schedules are levels set by the mutual fund that allows an investor to receive a sales load discount. Discounts from breakpoints are typically applied to funds with a front-end sales load, but they could be applicable to all shares of a fund.
Is Franklin Templeton FDIC insured?
Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE.
Is Vanguard better than American Funds?
American Funds charges front-end and back-end loads with high expense ratios. Vanguard offers no-load funds with low expense ratios. American Funds products are actively managed by portfolio managers while Vanguard Funds are passively managed.
Do C shares count towards breakpoints?
As explained below, many mutual funds offer volume discounts to the front-end sales charge assessed on Class A shares at certain pre-determined levels of investment, which are called “breakpoint discounts.” In contrast, Class B and C shares usually do not carry any front-end sales charges.
Can fixed income funds lose money?
Bond mutual funds can lose value if the bond manager sells a significant amount of bonds in a rising interest rate environment and investors in the open market demand a discount (pay a lower price) on the older bonds that pay lower interest rates. Falling prices will adversely affect the NAV.
Who is eligible for breakpoints?
Investors can qualify for breakpoints through a single purchase of Class A mutual fund shares, with a letter of intent (LOI) or through rights of accumulation (ROA).
How are breakpoints calculated?
Breakpoints are determined by the mutual fund and integrated within the fund distribution process. Rights of accumulation (ROA) grant existing holders of mutual fund shares the potential for reduced loads (commissions) when purchasing more fund shares to reach breakpoints.