FUSAX

About FUSAX

Franklin U.S. Government Securities Fund Advisor Class is a mutual fund focused on generating income by investing primarily in mortgage-backed securities from the Government National Mortgage Association (Ginnie Maes). These obligations are backed by the full faith and credit of the U.S. government, ensuring timely payment of principal and interest. The fund avoids more speculative and illiquid mortgage-backed assets, concentrating on stable, government-guaranteed securities. With over 600 holdings and more than $2 billion in net assets, it maintains a diversified portfolio with a weighted average maturity of approximately 7.4 years and an effective duration of around 5.9 years. The fund distributes income monthly and is positioned in the intermediate government bond segment, benchmarking its performance against the Bloomberg US Government - Intermediate Index as well as peer GNMA funds. Since its inception in 1997 for the Advisor Class, the fund has consistently targeted investors seeking reliable income through securities that play a key role in funding U.S. housing markets and maintaining liquidity in government-backed mortgage lending.