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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_FinancialServicesSectorMember_lbl" xml:lang="en-US">Financial Services Sector [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_MoneyMarketFundsMember_lbl" xml:lang="en-US">Money Market Funds [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_TechnologySectorMember_lbl" xml:lang="en-US">Technology Sector [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_SpectrumBrandsHoldingsMember_lbl" xml:lang="en-US">Spectrum Brands Holdings [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_UnitedNaturalFoodsIncMember_lbl" xml:lang="en-US">United Natural Foods Inc [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_IconPlcIrelandMember_lbl" xml:lang="en-US">Icon Plc Ireland [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20260630.xsd#frnkx_ScienceApplicationsIntlCorpMember" xlink:label="frnkx_ScienceApplicationsIntlCorpMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_ScienceApplicationsIntlCorpMember" xlink:to="frnkx_ScienceApplicationsIntlCorpMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_ScienceApplicationsIntlCorpMember_lbl" xml:lang="en-US">Science Applications Intl Corp [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20260630.xsd#frnkx_MplxLpMember" xlink:label="frnkx_MplxLpMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_MplxLpMember_lbl" xml:lang="en-US">Mplx Lp [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20260630.xsd#frnkx_VistraCorpMember" xlink:label="frnkx_VistraCorpMember" />
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_C000093501Member_lbl" xml:lang="en-US">CLASS C</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_RussellMidCapClassCMember_lbl" xml:lang="en-US">Russell Mid Cap Class C [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_C000093502Member_lbl" xml:lang="en-US">INSTITUTIONAL CLASS</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_RussellMidCapInstlMember_lbl" xml:lang="en-US">Russell Mid Cap Instl [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_C000200195Member_lbl" xml:lang="en-US">Class A Shares</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_HFRXEventDrivenIndexMember_lbl" xml:lang="en-US">HFRX Event Driven Index</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_BasicMaterialsMember_lbl" xml:lang="en-US">Basic Materials [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_ConvertibleBondsMember_lbl" xml:lang="en-US">Convertible Bonds [Member]</link:label>
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      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_CorporateBondsMember_lbl" xml:lang="en-US">Corporate Bonds [Member]</link:label>
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      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_RealEstateSectorMember" xlink:label="us-gaap_RealEstateSectorMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_RealEstateSectorMember" xlink:to="us-gaap_RealEstateSectorMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_RealEstateSectorMember_lbl" xml:lang="en-US">Real Estate Sector [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20260630.xsd#frnkx_RealEstateInvestmentTrustsMember" xlink:label="frnkx_RealEstateInvestmentTrustsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_RealEstateInvestmentTrustsMember" xlink:to="frnkx_RealEstateInvestmentTrustsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_RealEstateInvestmentTrustsMember_lbl" xml:lang="en-US">Real Estate Investment Trusts [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20260630.xsd#frnkx_StructuredNotesMember" xlink:label="frnkx_StructuredNotesMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_StructuredNotesMember" xlink:to="frnkx_StructuredNotesMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_StructuredNotesMember_lbl" xml:lang="en-US">Structured Notes [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20260630.xsd#frnkx_USTreasuryNoteBondsMember" xlink:label="frnkx_USTreasuryNoteBondsMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_USTreasuryNoteBondsMember" xlink:to="frnkx_USTreasuryNoteBondsMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_USTreasuryNoteBondsMember_lbl" xml:lang="en-US">U S Treasury Note Bonds [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_WarrantMember" xlink:label="us-gaap_WarrantMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_WarrantMember" xlink:to="us-gaap_WarrantMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_WarrantMember_lbl" xml:lang="en-US">Warrant [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20260630.xsd#frnkx_FidelityInvMMTreasPortfolioMember" xlink:label="frnkx_FidelityInvMMTreasPortfolioMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_FidelityInvMMTreasPortfolioMember" xlink:to="frnkx_FidelityInvMMTreasPortfolioMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_FidelityInvMMTreasPortfolioMember_lbl" xml:lang="en-US">Fidelity Inv M M Treas Portfolio [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20260630.xsd#frnkx_KimberlyClarkCorpMember" xlink:label="frnkx_KimberlyClarkCorpMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_KimberlyClarkCorpMember" xlink:to="frnkx_KimberlyClarkCorpMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_KimberlyClarkCorpMember_lbl" xml:lang="en-US">Kimberly Clark Corp [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20260630.xsd#frnkx_CrownCastleIntlCorpMember" xlink:label="frnkx_CrownCastleIntlCorpMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_CrownCastleIntlCorpMember" xlink:to="frnkx_CrownCastleIntlCorpMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_CrownCastleIntlCorpMember_lbl" xml:lang="en-US">Crown Castle Intl Corp [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20260630.xsd#frnkx_HumanaIncMember" xlink:label="frnkx_HumanaIncMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_HumanaIncMember" xlink:to="frnkx_HumanaIncMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_HumanaIncMember_lbl" xml:lang="en-US">Humana Inc [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20260630.xsd#frnkx_MedtronicPlcIrelandMember" xlink:label="frnkx_MedtronicPlcIrelandMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_MedtronicPlcIrelandMember" xlink:to="frnkx_MedtronicPlcIrelandMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_MedtronicPlcIrelandMember_lbl" xml:lang="en-US">Medtronic Plc Ireland [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20260630.xsd#frnkx_BioMarinPharmaceuticalMember" xlink:label="frnkx_BioMarinPharmaceuticalMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_BioMarinPharmaceuticalMember" xlink:to="frnkx_BioMarinPharmaceuticalMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_BioMarinPharmaceuticalMember_lbl" xml:lang="en-US">Bio Marin Pharmaceutical [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20260630.xsd#frnkx_OccidentalPetroleumCorpMember" xlink:label="frnkx_OccidentalPetroleumCorpMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_OccidentalPetroleumCorpMember" xlink:to="frnkx_OccidentalPetroleumCorpMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_OccidentalPetroleumCorpMember_lbl" xml:lang="en-US">Occidental Petroleum Corp [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20260630.xsd#frnkx_USTreasuryNote2033Nov15Member" xlink:label="frnkx_USTreasuryNote2033Nov15Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_USTreasuryNote2033Nov15Member" xlink:to="frnkx_USTreasuryNote2033Nov15Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_USTreasuryNote2033Nov15Member_lbl" xml:lang="en-US">U S Treasury Note 2033 Nov 15 [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20260630.xsd#frnkx_NewmontCorpMember" xlink:label="frnkx_NewmontCorpMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_NewmontCorpMember" xlink:to="frnkx_NewmontCorpMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_NewmontCorpMember_lbl" xml:lang="en-US">Newmont Corp [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20260630.xsd#frnkx_Phillips66Member" xlink:label="frnkx_Phillips66Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_Phillips66Member" xlink:to="frnkx_Phillips66Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_Phillips66Member_lbl" xml:lang="en-US">Phillips 66 [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20260630.xsd#frnkx_C000200196Member" xlink:label="frnkx_C000200196Member" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_C000200196Member" xlink:to="frnkx_C000200196Member_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_C000200196Member_lbl" xml:lang="en-US">Institutional Class Shares</link:label>
      <link:loc xlink:type="locator" xlink:href="frnkx-20260630.xsd#frnkx_HFRXEventDrivenInstlMember" xlink:label="frnkx_HFRXEventDrivenInstlMember" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="frnkx_HFRXEventDrivenInstlMember" xlink:to="frnkx_HFRXEventDrivenInstlMember_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="frnkx_HFRXEventDrivenInstlMember_lbl" xml:lang="en-US">H F R X Event Driven Instl [Member]</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_AssetsNet" xlink:label="us-gaap_AssetsNet" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_AssetsNet" xlink:to="us-gaap_AssetsNet_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_AssetsNet_lbl" xml:lang="en-US">Net Assets</link:label>
      <link:loc xlink:type="locator" xlink:href="https://xbrl.fasb.org/us-gaap/2024/elts/us-gaap-2024.xsd#us-gaap_InvestmentCompanyPortfolioTurnover" xlink:label="us-gaap_InvestmentCompanyPortfolioTurnover" />
      <link:labelArc xlink:arcrole="http://www.xbrl.org/2003/arcrole/concept-label" xlink:from="us-gaap_InvestmentCompanyPortfolioTurnover" xlink:to="us-gaap_InvestmentCompanyPortfolioTurnover_lbl" xlink:type="arc" />
      <link:label xlink:type="resource" xlink:role="http://www.xbrl.org/2003/role/label" xlink:label="us-gaap_InvestmentCompanyPortfolioTurnover_lbl" xml:lang="en-US">Investment Company, Portfolio Turnover</link:label>
    </link:labelLink>
</link:linkbase>
