Morningstar® Investment Profile™   Morningstar®
Disclosure
  Format
for Print
Franklin Strategic Income VIP 1
Release date as of 2024-03-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Fees and Expenses Taken from prospectus dated 2023-08-16  
Maximum Fees
Administrative 0.15%
Management 0.63%
12b-1 ---
Actual Fees
12b-1 ---
Management 0.63%
Expense Ratio 0.75%
(taken from annual report dated 2023-06-30)
Total Annual Operating Expense 0.87%
Waiver Data
Type Date %
ManagementFee Contractual --- 0.06
  Management
Inception Date: 1999-07-01
Mngr Name Patrick Klein
Mngr Start Date 2022-08-01
Biography
Patrick Klein, Ph.D., Senior Vice President, Research Analyst and Portfolio Manager of Franklin Advisers. Dr. Patrick Klein is a senior vice president and portfolio manager for Franklin Templeton Fixed Income. He leads the team managing the multisector fixed-income strategies with a focus on portfolio construction and quantitative modelling. Prior to his current role, he was a portfolio manager and research analyst focusing on the securitized, inflations protected, and portfolio construction areas. Dr. Klein was a principal member of the Technical Staff at Sandia National Laboratories.
Mngr Name Sonal Desai
Mngr Start Date 2018-12-31
Biography
Sonal Desai, PhD, EVP, is Franklin Templeton Fixed Income Group’s Chief Investment Officer, a portfolio manager for several fixed income funds and a member of the firm's executive committee. Dr. Desai started her career in 1994 as a university academic, followed by six years at the International Monetary Fund after which she joined the private sector. She started working at Franklin Templeton in 2009. She holds a PhD(Econ) from Northwestern Univ. and a BA(Econ) from Delhi Univ.
Mngr Name Benjamin B. Cryer
Mngr Start Date 2022-08-01
Biography
Mr. Cryer joined Franklin Templeton in 2006.
Mngr Name Thomas Runkel
Mngr Start Date 2022-08-01
Biography
Tom Runkel is a vice president and portfolio manager for Franklin Templeton Investments. Mr. Runkel focuses on relative value security selection and allocation among the credit sectors for the multi-sector fixed income portfolios. He also serves as the director of portfolio strategies and the lead portfolio manager for the SMA Taxable Fixed Income strategies and supervises the Franklin SMA Taxable Fixed Income Portfolio Management team. Mr. Runkel joined Franklin in 1983 and served as a senior portfolio manager for Franklin's taxable money fund and investment grade fixed income assets as well as a trader for taxable fixed income and equity securities. Mr. Runkel founded Runkel Funds, Inc. in 2002 and managed a large-cap value fund until late 2005 before returning to Franklin in 2006. Mr. Runkel has an M.B.A. from the University of Santa Clara and earned a B.S. in political science from the University of California, Davis. He is a Chartered Financial Analyst (CFA) charterholder.
Mngr Name Patricia O'Connor
Mngr Start Date 2016-02-01
Biography
Patricia O'Connor, CFA, VP, is a vice president and portfolio manager for the Franklin Templeton Fixed Income Group. Prior to joining Franklin Templeton in 1997, Ms. O'Connor worked for Morgan Stanley Asset Management. She holds a B.S. (Accounting, Lehigh Univ.) and an MBA (Univ. of Chicago). Ms. O'Connor holds a B.S. in accounting from Lehigh University and an M.B.A. in finance and economics from the University of Chicago. She is a Chartered Financial Analyst (CFA) charterholder, as well as a member of the CFA Society of San Francisco and CFA Institute.
Investment Advisor(s)
Franklin Advisers, Inc.
Web Site
www.franklintempleton.com
Issuer
Franklin Templeton Investments
Subadvisor(s)
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