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FRBRX Franklin Biotechnology Discovery R6

  • Fund
  • FRBRX
  • Price as of: Jul 13, 2018
  • $170.85
  • + $0.45
  • + 0.26%
  • Category
  • Health & Biotech Equities

FRBRX - Profile

Vitals

  • YTD Return 10.3%
  • 3 Yr Annualized Return -3.2%
  • 5 Yr Annualized Return 13.7%
  • Net Assets $1.39 B
  • Holdings in Top 10 43.2%

52 WEEK LOW AND HIGH

$170.85
$146.79
$170.85

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.63%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 26.95%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000,000

IRA

N/A

Investment Themes

CATEGORY

Health & Biotech Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Health

Distributions

  • YTD Total Return 10.3%
  • 3 Yr Annualized Total Return -3.2%
  • 5 Yr Annualized Total Return 13.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.17%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Franklin Biotechnology Discovery Fund
  • Fund Family Name Franklin Templeton Investments
  • Inception Date May 01, 2013
  • Shares Outstanding N/A
  • Share Class Retirement
  • Currency USD
  • Domiciled Country United States
  • Manager Evan S. McCulloch

FRBRX - Performance

Return Ranking - Trailing

Period FRBRX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 10.3% -14.9% 27.0% 53.57% 3
1 Yr 7.1% -14.8% 49.6% 56.76% 3
3 Yr -3.2% * -7.5% 17.2% 96.30% 5
5 Yr 13.7% * 7.0% 23.4% 55.14% 3
10 Yr 15.2% * 6.1% 19.3% 25.24% 2

* Annualized


Return Ranking - Calendar

Period FRBRX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 16.6% -19.5% 43.9% 49.09% 3
2016 -20.6% -29.8% 14.5% 79.09% 5
2015 -2.4% -20.4% 33.7% 54.55% 3
2014 29.3% -5.8% 48.1% 6.36% 1
2013 N/A -3.1% 65.2% N/A N/A

Total Return Ranking - Trailing

Period FRBRX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 10.3% -14.9% 27.0% 54.05% 3
1 Yr 7.1% -18.3% 49.6% 50.91% 3
3 Yr -3.2% * -14.2% 16.9% 93.52% 5
5 Yr 13.7% * 6.3% 23.4% 52.34% 3
10 Yr 15.2% * 6.1% 19.3% 23.30% 2

* Annualized


Total Return Ranking - Calendar

Period FRBRX Return Category Return Low Category Return High Rank in Category (%) Quintile
2017 16.6% -19.5% 43.9% 49.54% 3
2016 -20.6% -25.1% 39.1% 81.65% 5
2015 6.1% -16.6% 100.0% 66.06% 4
2014 40.6% -5.8% 79.8% 21.10% 2
2013 N/A 0.0% 398.7% N/A N/A

NAV & Total Return History

FRBRX - Holdings

Filings data as of: May 31, 2018

Concentration Analysis

FRBRX Category Low Category High FRBRX % Rank Quintile
Net Assets 1.39 B 16.3 M 45.3 B 16.07% 3
Number of Holdings 98 30 380 13.39% 3
Net Assets in Top 10 598 M 8.3 M 18.4 B 16.96% 3
Weighting of Top 10 43.2% 20.4% 73.1% 13.39% 2

Top 10 Holdings

  1. Celgene Corp 5.95%
  2. Gilead Sciences Inc 3.04%
  3. Biogen Inc 5.02%
  4. Regeneron Pharmaceuticals Inc 3.12%
  5. Vertex Pharmaceuticals Inc 4.95%
  6. Alexion Pharmaceuticals Inc 7.10%
  7. Illumina Inc 4.42%
  8. Amgen Inc 3.07%
  9. Heron Therapeutics Inc 3.41%
  10. Biomarin Pharmaceutical Inc 3.14%

Asset Allocation

Weighting Category Low Category High FRBRX % Rank Quintile
Stocks
97.39% 91.25% 99.78% 20.54% 3
Cash
2.33% 0.00% 7.04% 10.71% 2
Other
0.28% -1.15% 5.64% 12.50% 3
Preferred Stocks
0.00% 0.00% 2.32% 10.71% 5
Convertible Bonds
0.00% 0.00% 0.47% 2.68% 4
Bonds
0.00% 0.00% 4.69% 3.57% 4

Stock Sector Breakdown

Weighting Category Low Category High FRBRX % Rank Quintile
Healthcare
97.28% 9.78% 99.78% 8.04% 1
Energy
0.10% 0.00% 0.10% 0.89% 1
Utilities
0.00% 0.00% 0.48% 1.79% 4
Technology
0.00% 0.00% 69.25% 26.79% 5
Real Estate
0.00% 0.00% 1.07% 2.68% 4
Industrials
0.00% 0.00% 8.36% 9.82% 4
Financial Services
0.00% 0.00% 5.45% 6.25% 4
Communication Services
0.00% 0.00% 0.00% 0.89% 4
Consumer Defense
0.00% 0.00% 1.31% 10.71% 4
Consumer Cyclical
0.00% 0.00% 7.68% 8.93% 5
Basic Materials
0.00% 0.00% 0.58% 2.68% 4

Stock Geographic Breakdown

Weighting Category Low Category High FRBRX % Rank Quintile
US
91.87% 63.89% 99.64% 11.61% 2
Non US
5.52% 0.00% 35.89% 28.57% 4

FRBRX - Expenses

Operational Fees

FRBRX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.63% 0.10% 4.31% 66.07% 1
Management Fee 0.59% 0.09% 1.25% 14.29% 1
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee 0.15% 0.01% 0.40% 6.15% 4

Sales Fees

FRBRX Fees (% of AUM) Category Low Category High FRBRX Rank Quintile
Front Load N/A 2.50% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

FRBRX Fees (% of AUM) Category Low Category High FRBRX Rank Quintile
Max Redemption Fee N/A 0.75% 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.

FRBRX Fees (% of AUM) Category Low Category High FRBRX Rank Quintile
Turnover 26.95% 0.00% 699.00% 23.21% 2

FRBRX - Distributions

Dividend Yield Analysis

FRBRX Category Low Category High FRBRX % Rank Quintile
Dividend Yield N/A 0.01% 0.94% N/A N/A

Dividend Distribution Analysis

FRBRX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

FRBRX Category Low Category High FRBRX % Rank Quintile
Net Income Ratio -0.17% -2.22% 1.46% 31.25% 2

Capital Gain Distribution Analysis

FRBRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

FRBRX - Managers

Evan S. McCulloch

Lead Manager

Start Date

Sep 15, 1997

Tenure

20.8

Tenure Rank

0.5%

Mr. McCulloch, CFA, joined Franklin Templeton Investments in 1992.


Steven Kornfeld

Manager

Start Date

Sep 15, 2015

Tenure

2.79

Tenure Rank

19.4%

Steven Kornfeld is VP, Research Analyst and Portfolio Manager with Franklin Equity Group. He specializes in research analysis of the pharmaceutical industry and is a member of the Franklin Core/Hybrid team. Prior to joining Franklin Templeton Investments in January 2001, Mr. Kornfeld most recently worked in private equity and previously as a sell-side research analyst where he specialized in covering emerging growth companies. He holds an MBA from Northwestern University and a bachelor’s degree from the Wharton School of Business at the University of Pennsylvania. He is a CFA®* Charterholder.


Tenure Analysis

Category Low

0.1

Category High

20.8

Category Average

9.46

Category Mode

3.5