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FCBSX Franklin Balance Sheet Investment C

  • Fund
  • FCBSX
  • Price as of: Dec 09, 2016
  • $39.36
  • + $0.11
  • + 0.28%
  • Category
  • Mid Cap Value Equities

FCBSX - Profile

Vitals

  • YTD Return 21.9%
  • 3 Yr Annualized Return 2.4%
  • 5 Yr Annualized Return 10.2%
  • Net Assets $942 M
  • Holdings in Top 10 21.0%

52 WEEK LOW AND HIGH

$39.36
$28.03
$39.36

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.70%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 26.31%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$250

Investment Themes

CATEGORY

Mid Cap Value Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Mid-Cap Value

Distributions

  • YTD Total Return 21.9%
  • 3 Yr Annualized Total Return 2.4%
  • 5 Yr Annualized Total Return 10.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.30%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Franklin Balance Sheet Investment Fund
  • Fund Family Name Franklin Templeton Investments
  • Inception Date Mar 01, 2001
  • Shares Outstanding N/A
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager Grace Hoefig

Fund Description

The fund invests most of its assets in equity securities of companies the fund's investment manager believes are undervalued at the time of purchase but that have the potential for capital appreciation. It invests predominantly in common stocks. The fund may invest in companies of any size, across the entire market capitalization spectrum including smaller and midsize companies. It may invest up to 25% of its total assets in foreign securities.

FCBSX - Performance

Return Ranking - Trailing

Period FCBSX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 21.9% -16.3% 33.7% 20.19% 1
1 Yr 11.9% -33.1% 29.7% 34.12% 2
3 Yr 2.4% * -9.7% 12.7% 96.27% 5
5 Yr 10.2% * -4.5% 21.3% 94.30% 5
10 Yr 3.1% * -1.2% 10.7% 96.57% 5

* Annualized


Return Ranking - Calendar

Period FCBSX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -23.8% -30.9% 0.7% 88.75% 5
2014 -15.8% -18.7% 14.7% 94.99% 5
2013 21.5% -39.7% 66.3% 70.64% 4
2012 8.2% 0.0% 41.2% 84.38% 5
2011 -18.0% -34.9% 5.7% 91.78% 5

Total Return Ranking - Trailing

Period FCBSX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 21.9% -16.3% 33.7% 23.26% 2
1 Yr 10.9% -28.1% 97.8% 35.55% 2
3 Yr 2.4% * -9.5% 12.7% 95.20% 5
5 Yr 10.2% * -5.6% 21.3% 92.88% 5
10 Yr 3.1% * -1.2% 10.7% 96.88% 5

* Annualized


Total Return Ranking - Calendar

Period FCBSX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -11.8% -26.7% 2.4% 85.82% 5
2014 -1.1% -12.4% 25.7% 95.26% 5
2013 64.7% 0.0% 165.8% 17.44% 1
2012 33.6% 0.0% 258.2% 28.83% 2
2011 -17.1% -53.5% 12.7% 92.43% 5

NAV & Total Return History

FCBSX - Holdings

Filings data as of: Sep 30, 2016

Concentration Analysis

FCBSX Category Low Category High FCBSX % Rank Quintile
Net Assets 942 M 313 K 38.1 B 10.14% 3
Number of Holdings 85 20 2644 12.26% 3
Net Assets in Top 10 204 M 105 K 9.53 B 9.91% 2
Weighting of Top 10 21.0% 6.4% 75.7% 17.69% 3

Top 10 Holdings

  1. Corning Inc 4.04%
  2. MKS Instruments Inc 2.15%
  3. Citizens Financial Group Inc 2.24%
  4. Bio-Rad Laboratories Inc 2.22%
  5. Devon Energy Corp 1.79%
  6. Archer-Daniels Midland Co 1.76%
  7. JPMorgan Chase & Co 2.05%
  8. Royal Dutch Shell PLC ADR Class A 1.60%
  9. Comerica Inc 1.58%
  10. Bunge Ltd 1.55%

Asset Allocation

Weighting Category Low Category High FCBSX % Rank Quintile
Stocks
82.42% 47.12% 100.15% 27.83% 5
Cash
16.96% -0.36% 52.89% 1.89% 1
Preferred Stocks
0.63% 0.00% 14.07% 2.36% 1
Other
0.00% -5.25% 4.99% 7.55% 4
Convertible Bonds
0.00% 0.00% 2.31% 2.12% 4
Bonds
0.00% -0.05% 21.99% 3.54% 4

Stock Sector Breakdown

Weighting Category Low Category High FCBSX % Rank Quintile
Financial Services
21.03% 0.00% 37.79% 12.50% 2
Energy
11.38% -0.85% 37.42% 3.30% 1
Technology
11.07% 0.00% 31.67% 13.68% 2
Industrials
10.19% 0.00% 38.57% 23.11% 4
Consumer Cyclical
8.35% 0.00% 31.91% 27.83% 5
Basic Materials
6.80% 0.00% 18.74% 8.02% 2
Consumer Defense
4.09% 0.00% 15.99% 17.45% 3
Utilities
3.39% 0.00% 14.65% 21.46% 4
Healthcare
3.17% 0.00% 21.19% 25.94% 5
Communication Services
1.59% 0.00% 9.76% 6.60% 1
Real Estate
1.35% 0.00% 48.98% 25.71% 5

Stock Geographic Breakdown

Weighting Category Low Category High FCBSX % Rank Quintile
US
78.48% 40.09% 99.96% 29.48% 5
Non US
3.94% -0.75% 35.73% 11.56% 2

FCBSX - Expenses

Operational Fees

FCBSX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.70% 0.08% 19.64% 17.22% 4
Management Fee 0.47% 0.04% 1.26% 9.20% 1
12b-1 Fee 1.00% 0.00% 1.00% 0.35% 5
Administrative Fee 0.15% 0.01% 0.40% 4.90% 4

Sales Fees

FCBSX Fees (% of AUM) Category Low Category High FCBSX Rank Quintile
Front Load N/A 3.50% 5.75% N/A N/A
Deferred Load 1.00% 1.00% 5.00% 5.00% 3

Trading Fees

FCBSX Fees (% of AUM) Category Low Category High FCBSX Rank Quintile
Max Redemption Fee N/A 0.50% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

FCBSX Fees (% of AUM) Category Low Category High FCBSX Rank Quintile
Turnover 26.31% 6.63% 493.00% 18.63% 1

FCBSX - Distributions

Dividend Yield Analysis

FCBSX Category Low Category High FCBSX % Rank Quintile
Dividend Yield 0.3% 0.00% 2.23% 13.39% 1

Dividend Distribution Analysis

FCBSX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

FCBSX Category Low Category High FCBSX % Rank Quintile
Net Income Ratio -0.30% -3.26% 7.52% 40.09% 5

Capital Gain Distribution Analysis

FCBSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

FCBSX - Managers

Grace Hoefig

Lead Manager

Start Date

Jul 02, 2012

Tenure

4.42

Tenure Rank

10.9%

Grace Hoefig, Vice President and Portfolio Manager of Franklin Advisory Services. Ms. Hoefig joined Franklin Templeton in February 2008 as a research analyst. She has been in the investment industry for more than 20 years. Prior to joining Franklin Templeton, Ms. Hoefig was a managing director at AXIA Capital Management LLC., and has held senior analyst positions at Heine Securities Co., First Manhattan Co. and Neuberger & Berman.


Donald G. Taylor

Manager

Start Date

Dec 30, 1996

Tenure

19.93

Tenure Rank

0.5%

Don Taylor is the president and chief investment officer for Franklin Equity Group's US Value team. He is lead portfolio manager for Franklin Rising Dividends Fund and related products. Mr. Taylor has more than 30 years of experience in the investment industry. Prior to joining Franklin Templeton Investments in 1996, Mr. Taylor was a portfolio manager for Fidelity Management and Research Company and Pilgrim Group. In addition, he worked for Tait, He holds a B.S. in economics from the Wharton School of the University of Pennsylvania.


Bruce C. Baughman

Manager

Start Date

Apr 02, 1990

Tenure

26.68

Tenure Rank

0.2%

Bruce C. Baughman, CPA, Senior Vice President and Portfolio Manager of Franklin Advisory Services. Mr. Baughman joined Franklin Templeton in 1988. He has been in the investment industry for more than 30 years. Prior to joining Franklin Templeton, Mr. Baughman served as a portfolio manager with L.F. Rothschild, and began his mutual fund career with the Pilgrim Group.


Tenure Analysis

Category Low

0.1

Category High

28.3

Category Average

7

Category Mode

1.9