Fund Evaluator:
Franklin DynaTech R6 (FDTRX)
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Best Performing in Large Growth Over the Last Year
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Fund Details
Franklin DynaTech R6 Overview
Franklin DynaTech R6 (FDTRX) is an actively managed U.S. Equity Large Growth fund. Franklin Templeton Investments launched the fund in 2013.
The investment seeks capital appreciation. The fund invests primarily in equity securities of companies that the investment manager believes are leaders in innovation, take advantage of new technologies, have superior management, and benefit from new industry conditions in the dynamically changing global economy. It invests predominantly in common stock. The investment manager may invest in companies in any economic sector or of any market capitalization and may invest in companies both inside and outside of the United States.
About Franklin DynaTech R6 (FDTRX)
There are 2 members of the management team with an average tenure of 40.15 years: Matthew Moberg (2004), Rupert Johnson (1968). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and S&P 500 (TR) (1970) index with a weighting of 100%. Franklin DynaTech R6 has 109 securities in its portfolio. The top 10 holdings constitute 57.9% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
Franklin DynaTech R6 is part of the Equity global asset class and is within the U.S. Equity fund group. Franklin DynaTech R6 has 10.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 89.2%. There is 10.5% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Franklin DynaTech R6 has 0.4% of the portfolio in cash.
Assets Under Management
The fund has $9 billion in total assets, which is above the $2 billion average for the Large Growth category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
FDTRX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Franklin DynaTech R6 expense ratio is average compared to funds in the Large Growth category. Franklin DynaTech R6 has an expense ratio of 0.44%, which is 54% lower than its category average, making the fund expense ratio grade a A. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. Franklin DynaTech R6 has a portfolio turnover rate of 29%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 54% for the Large Growth category.
Recently, in the month of June 2026, Franklin DynaTech R6 returned -0.5%, which earned it a grade of B, as the Large Growth category had an average return of -1.3%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
Franklin DynaTech R6 has a trailing yield of 0.00%, which is below the 0.06% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
Franklin DynaTech R6 Grades
Year to date, the fund has returned 11.4%, 4.3 percentage points better than the category, which translates into a grade of A. The fund has returned 21.2% over the past year (grade of B), 23.9% over the past three years (grade of B) and 9.0% per year over the past five years (grade of D) and 18.8% per year over the past 10 years (grade of A).
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FDTRX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| FDTRX Return (NAV) | -0.5% | 25.0% | 21.2% | 23.9% | 9.0% | 18.8% |
| FDTRX Grade | B | A | B | B | D | A |
| +/- Category | 0.8% | 7.1% | 5.3% | 3.2% | -1.0% | 2.4% |
| Large Growth Avg | -1.3% | 17.8% | 15.9% | 20.7% | 10.0% | 16.4% |
| FDTRX Tax Cost Ratio | na | na | 2.2% | 0.7% | 0.5% | 0.5% |
FDTRX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| FDTRX Return (NAV) | 11.4% | 18.9% | 31.0% | 44.9% | -40.1% | 12.9% | 58.2% | 36.9% | 3.2% | 39.9% | 1.7% |
| FDTRX Grade | A | B | C | B | F | F | A | A | A | A | C |
| +/- Category | 4.3% | 3.1% | 1.4% | 6.1% | -8.1% | -7.6% | 16.2% | 3.7% | 3.9% | 10.1% | -1.1% |
| Large Growth Avg | 7.1% | 15.7% | 29.6% | 38.8% | -32.0% | 20.5% | 42.0% | 33.2% | -0.7% | 29.8% | 2.8% |
| Risk Measures | |
| Standard Deviation: | 20.6% |
| Total Risk Index: | 1.69 - High |
| Category Risk Index: | 1.19 - High |
| Category Risk Grade: | F (91% Rank) |
| Beta: | 1.46 |
| R-Squared: | 86% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $30202 Mil |
| Fund Total Assets: | $9,534 Mil |
| Share Class Type: | Retirement |
| Portfolio Turnover: | 30% |
Management Team
| Number of Managers: 2 | |||
| Longest Tenure: 58.5 years | |||
| Average Tenure: 40.1 years | |||
| Managers (Year): Johnson Rupert (1968), Moberg Matthew (2004) | |||
Portfolio Composition (as of 5/31/26)
| # of Holdings: | 109 |
| % in Top 10 Holdings: | 57.9% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 10.5% |
Portfolio Allocation |
|
| Domestic Stock: | 89.2% |
| Foreign Stock: | 10.5% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.4% |
Purchase Information
| Fund Family: | Franklin Templeton Investments |
| Phone Number: | 800-342-5236 |
| Website: | www.franklintempleton.com |
| Status: | Open |
| Inception Date: | May 1, 2013 |
| Min. Initial Purchase: | $1,000,000 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.44% ( Rating : Avg ) |
| Category Average Expense Ratio (%): | 0.96% |
| Share Class: | Franklin DynaTech A |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
