Franklin DynaTech A
FKDNX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- San Mateo, CA 94403-1906 San Mateo CA United States of America 94403-1906
- IPO Date
- Jan 2, 1980
- CIK
- 0000038721
- Website
- franklintempleton.com
- Similar Companies
- Business
- Franklin DynaTech Fund A (FKDNX) is an actively managed mutual fund that seeks capital appreciation by investing primarily in equity securities of companies believed to be leaders in innovation, those taking advantage of new technologies, featuring superior management, and benefiting from evolving industry conditions in the global economy. The fund targets large-cap growth stocks across sectors such as information technology (51.41% allocation), consumer discretionary (14.67%), communication services (14.34%), and health care (9.58%), with top holdings including NVIDIA Corp. (12.55%), Amazon.com Inc. (7.97%), Microsoft Corp. (7.60%), Broadcom Inc. (5.73%), and Alphabet Inc. Class A (5.51%); it maintains a portfolio turnover of 12% and benchmarks against the Russell 1000 Growth Index and S&P 500 Index. Franklin Equity Group, based in Silicon Valley, California, manages the fund with a focus on in-depth fundamental research across market capitalizations and geographies, including both U.S. and non-U.S. companies. Inaugurated on January 1, 1968, and headquartered in San Mateo, California, as part of Franklin Templeton (formerly Franklin Resources, Inc.), the fund operates within the large growth category (Morningstar) and Lipper large-cap growth funds classification, with total net assets of approximately $29.16 billion as of November 30, 2025. It serves investors seeking exposure to innovation themes like artificial intelligence, cloud computing, semiconductors, genomics, robotics, and green energy, positioning as a core U.S. equity holding or satellite allocation; dividends distribute annually, with capital gains typically in December. Recent developments include Franklin Templeton's broader strategic expansions, such as the completion of the acquisition of Putnam Investments on January 1, 2024, enhancing capabilities in retirement sector assets and increasing defined contribution AUM to over $100 billion; additional 2025 moves encompass the acquisition of Apera Asset Management (September 23), a multi-year partnership with Wand AI (October 23) to advance agentic AI in asset management, and a strategic infrastructure alliance with Copenhagen Infrastructure Partners, DigitalBridge, and Actis. Portfolio commentary for third quarter 2025 highlights relative strength in pharmaceuticals, electronic equipment, IT services, and semiconductors amid AI optimism and Federal Reserve rate cuts, while avoiding underperformers in consumer staples, real estate, utilities, and materials; updates to Franklin Custodian Funds' prospectus and SAI were effective November 3, 2025, reflecting ongoing operational refinements. The fund has sustained a low 12% turnover and delivered 12.08% one-year returns as of recent data, amid a Morningstar 3-star rating in the large growth category.