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What grade does FKDNX get?

Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.

A

Fundprints Fund Grade · as of 2026-10-01

Franklin DynaTech A

#30 of 500 graded active funds · blend · large segment peer group

The point · specialist footprint

FKDNX puts more of its book behind proven specialists than 96% of graded funds.

Bottom 20%

Bottom 40%

Middle

Top 40%

● Top 20%

beat the S&P in 22% of quarters+3.8 pts/qtr better · 43% beat rate

That has mattered: over the past 2.7 years, funds on this rung beat bottom-rung funds by about 3.8 points per quarter, and beat the S&P in 43% of fund-quarters versus their 22%. The evidence argues this fund earns its seat.

2,825 disclosing funds tracked · the graded specialists among them drive every read · evidence, not advice

The grade scores this fund's specialist share — the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.

FKDNX vs the Honor Roll — share card ↗

Conviction exposure

64.7%

of the book in specialist-converged names

Late-stage weight

22.3%

of the book in Crowded or Fading names

Active share

82.2%

how far it strays from the index

The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.

Inside the book — top names by stage · as of 2026-10-01

Early Conviction
GH 0.7%PANW 0.5%BKNG 0.4%+3 locked
Consensus
NVDA 12.7%AMZN 8.4%MSFT 6.7%+35 locked
Emerging
KLAC 1.5%INSM 0.5%UTHR 0.4%+5 locked
Crowded
MELI 1.1%AXON 1%KTOS 0.7%+3 locked
Fading
AVGO 5.9%TSLA 2.7%NFLX 1.6%+9 locked

We email you the day it crosses 50% crowded, and where you stand every month.

Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.

The read · what to do with it

Franklin DynaTech A grades A and ranks 30 out of 500, with 64.7% specialist ownership placing it in the top 20% of peers. The early reads on KLAC, Guardant Health, and Palo Alto Networks are promising, but AVGO at 5.9% is the largest fading position and worth watching closely.

→ Monitor AVGO closely, as specialists are leaving a position that makes up 5.9% of the fund.

→ Note early specialist conviction in KLAC and Guardant Health as the clearest evidence the fund is ahead of the crowd.

Support leaving these positions

AVGO 5.9% of the fund · Fading

TSLA 2.7% of the fund · Fading

NFLX 1.6% of the fund · Fading

APP 1.3% of the fund · Fading

APH 1.2% of the fund · Fading

Where it's genuinely early

KLAC 1.5% of the fund · Emerging

GH 0.7% of the fund · Early Conviction

PANW 0.5% of the fund · Early Conviction

Read from today's disclosed book. Evidence, not advice.

The evidence base updates this week.

The specialists — not the whales — are already positioned for what comes next. Stop finding out last.

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