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TESIX Franklin Mutual Shares A

  • Fund
  • TESIX
  • Price as of: Sep 18, 2017
  • $29.04
  • + $0.07
  • + 0.24%
  • Category
  • Large Cap Value Equities

TESIX - Profile

Vitals

  • YTD Return 3.8%
  • 3 Yr Annualized Return 4.4%
  • 5 Yr Annualized Return 10.2%
  • Net Assets $15.4 B
  • Holdings in Top 10 22.8%

52 WEEK LOW AND HIGH

$29.04
$27.14
$29.97

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.05%

SALES FEES

  • Front Load 5.75%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 20.56%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000

IRA

$250

Investment Themes

CATEGORY

Large Cap Value Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--85%+ Equity

Distributions

  • YTD Total Return 3.8%
  • 3 Yr Annualized Total Return 2.4%
  • 5 Yr Annualized Total Return 8.9%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 2.08%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name Franklin Mutual Shares Fund
  • Fund Family Name Franklin Templeton Investments
  • Inception Date Jul 01, 1949
  • Shares Outstanding N/A
  • Share Class A
  • Currency USD
  • Domiciled Country United States
  • Manager Deborah A. Turner

TESIX - Performance

Return Ranking - Trailing

Period TESIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.8% -83.3% 32.8% 79.98% 5
1 Yr 10.3% -47.2% 188.6% 79.00% 4
3 Yr 4.4% * -32.1% 29.1% 78.30% 4
5 Yr 10.2% * -16.8% 22.5% 82.65% 5
10 Yr 4.5% * -9.8% 8.4% 76.78% 4

* Annualized


Return Ranking - Calendar

Period TESIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 8.5% -40.1% 180.5% 56.16% 4
2015 -12.0% -47.3% 9.6% 62.13% 4
2014 4.2% -46.4% 35.3% 43.58% 3
2013 26.0% -13.6% 45.0% 52.52% 3
2012 12.6% -22.7% 35.8% 48.41% 3

Total Return Ranking - Trailing

Period TESIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 3.8% -83.3% 32.8% 80.04% 5
1 Yr 4.0% -51.7% 188.6% 91.46% 5
3 Yr 2.4% * -11.2% 44.0% 90.41% 5
5 Yr 8.9% * -2.3% 41.5% 90.95% 5
10 Yr 3.9% * -2.3% 17.7% 85.73% 5

* Annualized


Total Return Ranking - Calendar

Period TESIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 10.4% -23.8% 187.5% 54.24% 3
2015 -4.7% -26.0% 39.5% 54.54% 3
2014 8.4% -14.3% 57.4% 83.25% 5
2013 33.6% 0.0% 289.2% 78.45% 4
2012 18.9% -21.5% 528.1% 57.58% 3

NAV & Total Return History

TESIX - Holdings

Filings data as of: Jun 30, 2017

Concentration Analysis

TESIX Category Low Category High TESIX % Rank Quintile
Net Assets 15.4 B 273 K 93.5 B 1.43% 1
Number of Holdings 149 1 920 5.23% 1
Net Assets in Top 10 3.61 B 0 26.6 B 1.81% 1
Weighting of Top 10 22.8% 0.0% 100.1% 24.83% 4

Top 10 Holdings

  1. Microsoft Corp 2.11%
  2. Merck & Co Inc 2.79%
  3. Medtronic PLC 3.54%
  4. American International Group Inc 2.00%
  5. Eli Lilly and Co 2.40%
  6. Symantec Corp 2.08%
  7. Time Warner Inc 2.12%
  8. British American Tobacco PLC 1.88%
  9. Charter Communications Inc A 1.84%
  10. Novartis AG ADR 2.00%

Asset Allocation

Weighting Category Low Category High TESIX % Rank Quintile
Stocks
86.65% 0.00% 135.80% 24.55% 5
Cash
5.43% -35.79% 100.00% 4.76% 1
Bonds
4.61% -0.13% 71.99% 1.05% 1
Other
3.32% -4.39% 31.14% 1.43% 1
Preferred Stocks
0.00% 0.00% 33.29% 4.28% 2
Convertible Bonds
0.00% 0.00% 74.22% 1.14% 1

Stock Sector Breakdown

Weighting Category Low Category High TESIX % Rank Quintile
Financial Services
21.07% 0.00% 42.29% 19.35% 4
Healthcare
14.95% 0.00% 29.91% 8.96% 2
Technology
13.23% 0.00% 29.75% 8.58% 2
Energy
8.69% 0.00% 18.81% 16.21% 3
Consumer Defense
8.14% 0.00% 35.07% 13.82% 3
Consumer Cyclical
6.89% 0.00% 39.15% 18.11% 3
Communication Services
5.12% 0.00% 13.84% 5.91% 2
Industrials
3.74% 0.00% 36.04% 27.55% 5
Basic Materials
2.64% 0.00% 17.72% 16.21% 4
Real Estate
1.64% -0.40% 21.79% 14.30% 3
Utilities
0.52% -0.24% 80.76% 22.21% 5

Stock Geographic Breakdown

Weighting Category Low Category High TESIX % Rank Quintile
US
70.33% 0.00% 134.44% 28.64% 5
Non US
16.32% 0.00% 97.64% 2.57% 1

Bond Sector Breakdown

Weighting Category Low Category High TESIX % Rank Quintile
Cash & Equivalents
7.57% -35.79% 100.00% 3.24% 1
Corporate
1.85% 0.00% 91.53% 3.04% 1
Government
0.44% -0.13% 24.19% 1.33% 1
Municipal
0.25% 0.00% 1.38% 0.29% 1
Securitized
0.00% 0.00% 27.70% 0.57% 1
Derivative
-0.07% -0.57% 0.27% 0.76% 5

Bond Geographic Breakdown

Weighting Category Low Category High TESIX % Rank Quintile
US
4.49% -0.13% 61.28% 1.05% 1
Non US
0.12% 0.00% 13.14% 1.33% 1

TESIX - Expenses

Operational Fees

TESIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.05% 0.05% 21.67% 15.79% 3
Management Fee 0.65% 0.00% 1.20% 3.33% 3
12b-1 Fee 0.25% 0.00% 1.00% 2.17% 2
Administrative Fee 0.15% 0.00% 0.50% 2.59% 3

Sales Fees

TESIX Fees (% of AUM) Category Low Category High TESIX Rank Quintile
Front Load 5.75% 1.00% 5.75% 0.57% 3
Deferred Load N/A 1.00% 5.50% N/A N/A

Trading Fees

TESIX Fees (% of AUM) Category Low Category High TESIX 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.

TESIX Fees (% of AUM) Category Low Category High TESIX Rank Quintile
Turnover 20.56% 0.00% 229.00% 12.75% 2

TESIX - Distributions

Dividend Yield Analysis

TESIX Category Low Category High TESIX % Rank Quintile
Dividend Yield 0.4% 0.00% 3.76% 13.19% 1

Dividend Distribution Analysis

TESIX Category Low Category High Category Mode
Dividend Distribution Frequency None Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

TESIX Category Low Category High TESIX % Rank Quintile
Net Income Ratio 2.08% -2.34% 4.47% 7.61% 1

Capital Gain Distribution Analysis

TESIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Daily Annually

TESIX - Managers

Deborah A. Turner

Manager

Start Date

Aug 01, 2001

Tenure

16.09

Tenure Rank

2.2%

Turner is a portfolio manager of Franklin Mutual. She joined Franklin Templeton Investments in 1996. Between 1993 and 1996, she was employed at Heine Securities Corporation, the Funds' former manager. She has more than 13 years of experience in the investment management industry.


Peter A. Langerman

Lead Manager

Start Date

May 19, 2005

Tenure

12.29

Tenure Rank

3.6%

Langerman is Chairman, President, and Chief Executive Officer of Franklin Mutual. He rejoined Franklin Templeton Investments in 2005 and became Lead Portfolio Manager of the Mutual Shares Fund and Mutual Discovery Fund (2009). Langerman originally joined Franklin Templeton in 1996 and left in 2002 to serve as Director of New Jersey's Division of Investment, until 2004. Previously, he served as a Research Analyst with Heine Securities Corporation between 1986 and 1996.


David F. Segal

Lead Manager

Start Date

May 19, 2005

Tenure

12.29

Tenure Rank

3.6%

David Segal is an analyst for Franklin Mutual Advisers, specializing in the analysis of the oil and gas, paper and forest products, and defense sectors. Prior to joining Mutual Advisers in 2002, Mr. Segal was an associate director in the structured finance group at MetLife. He has over 12 years of experience in the financial services industry. Mr. Segal received a Bachelor of Arts degree from the University of Michigan and an MBA from New York University's Stern School of Business. He has a CFA designation, and is a member of the CFA Institute and the New York Society of Security Analysts.


Tenure Analysis

Category Low

0.1

Category High

39.0

Category Average

7.12

Category Mode

2.7