Franklin Small Cap Value C
- FRVFX
- Price as of: Jan 20, 2021
-
$46.51
N/A N/A
- Primary Theme
- U.S. Small-Cap Value Equity
- Fund Company
- Franklin Templeton
- Share Class
FRVFX - Snapshot
Vitals
- YTD Return 8.1%
- 3 Yr Annualized Return 4.3%
- 5 Yr Annualized Return 9.9%
- Net Assets $3.11 B
- Holdings in Top 10 26.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.83%
SALES FEES
- Front Load N/A
- Deferred Load 1.00%
BROKERAGE FEES
- Turnover 67.46%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000
- IRA $250
Fund Classification
-
Primary Theme
U.S. Small-Cap Value Equity
- Fund Type Open End Mutual Fund
- Investment Style Small Value
FRVFX - Profile
Distributions
- YTD Total Return 8.1%
- 3 Yr Annualized Total Return 4.3%
- 5 Yr Annualized Total Return 9.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.34%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameFranklin Small Cap Value Fund
-
Fund Family NameFranklin Templeton Investments
-
Inception DateSep 03, 1996
-
Shares Outstanding2263854
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerSteven Raineri
Fund Description
The fund normally invests at least 80% of its net assets in investments of small-capitalization (small-cap) companies. Small-cap companies are companies with market capitalizations not exceeding either: 1) the highest market capitalization in the Russell 2000 Index; or 2) the 12-month average of the highest market capitalization in the Russell 2000 Index. It generally invests in equity securities that the fund's investment manager believes are undervalued at the time of purchase and have the potential for capital appreciation. It may invest up to 25% of its total assets in foreign securities.
FRVFX - Performance
Return Ranking - Trailing
| Period | FRVFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.1% | -7.6% | 18.2% | 66.51% |
| 1 Yr | 4.6% | -20.0% | 37.2% | 39.53% |
| 3 Yr | 4.3%* | -4.7% | 12.2% | 22.36% |
| 5 Yr | 9.9%* | 0.1% | 19.9% | 18.36% |
| 10 Yr | 8.2%* | 3.2% | 11.1% | 44.92% |
* Annualized
Return Ranking - Calendar
| Period | FRVFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 2.6% | -49.4% | 364.1% | 48.21% |
| 2019 | 17.4% | -21.7% | 34.0% | 58.46% |
| 2018 | -27.7% | -57.2% | -0.5% | 73.32% |
| 2017 | 0.5% | -64.9% | 17.4% | 57.41% |
| 2016 | 22.2% | -3.9% | 68.2% | 43.50% |
Total Return Ranking - Trailing
| Period | FRVFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 8.1% | -7.6% | 18.2% | 67.69% |
| 1 Yr | 3.6% | -24.4% | 37.2% | 43.87% |
| 3 Yr | 4.3%* | -5.9% | 12.2% | 20.94% |
| 5 Yr | 9.9%* | 0.1% | 19.9% | 17.16% |
| 10 Yr | 8.2%* | 3.2% | 11.1% | 42.78% |
* Annualized
Total Return Ranking - Calendar
| Period | FRVFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 2.6% | -49.4% | 364.1% | 48.21% |
| 2019 | 17.4% | -21.7% | 34.0% | 58.46% |
| 2018 | -27.7% | -48.1% | -0.5% | 82.90% |
| 2017 | 9.9% | -28.5% | 18.2% | 31.27% |
| 2016 | 28.7% | -3.9% | 70.7% | 22.88% |
NAV & Total Return History
FRVFX - Holdings
Concentration Analysis
| FRVFX | Category Low | Category High | FRVFX % Rank | |
|---|---|---|---|---|
| Net Assets | 3.11 B | 1.18 M | 36.1 B | 14.45% |
| Number of Holdings | 89 | 1 | 1554 | 64.34% |
| Net Assets in Top 10 | 814 M | 204 K | 1.77 B | 8.16% |
| Weighting of Top 10 | 26.16% | 4.8% | 100.0% | 21.65% |
Top 10 Holdings
- Old Republic International Corp 3.03%
- Avient Corp 2.98%
- The Hanover Insurance Group Inc 2.91%
- First Horizon Corp 2.88%
- Horace Mann Educators Corp 2.74%
- Jack In The Box Inc 2.66%
- Wyndham Hotels & Resorts Inc Ordinary Shares 2.57%
- Rexnord Corp 2.51%
- Minerals Technologies Inc 2.50%
- Hillenbrand Inc 2.47%
Asset Allocation
| Weighting | Return Low | Return High | FRVFX % Rank | |
|---|---|---|---|---|
| Stocks | 97.43% | 62.39% | 100.26% | 70.86% |
| Cash | 2.42% | -37.03% | 37.47% | 27.04% |
| Bonds | 0.15% | 0.00% | 34.95% | 2.56% |
| Preferred Stocks | 0.00% | 0.00% | 16.42% | 31.47% |
| Other | 0.00% | -0.89% | 3.61% | 28.67% |
| Convertible Bonds | 0.00% | 0.00% | 1.83% | 26.57% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | FRVFX % Rank | |
|---|---|---|---|---|
| Financial Services | 27.62% | 0.00% | 42.63% | 27.06% |
| Industrials | 25.68% | 2.99% | 38.91% | 9.65% |
| Consumer Cyclical | 15.92% | 1.14% | 48.45% | 28.47% |
| Basic Materials | 11.57% | 0.00% | 77.97% | 4.47% |
| Technology | 6.04% | 0.00% | 34.20% | 83.53% |
| Healthcare | 4.13% | 0.00% | 22.21% | 62.82% |
| Utilities | 3.18% | 0.00% | 11.41% | 39.06% |
| Consumer Defense | 2.17% | 0.00% | 14.73% | 79.29% |
| Energy | 2.16% | 0.00% | 37.23% | 76.00% |
| Real Estate | 1.53% | 0.00% | 23.82% | 87.29% |
| Communication Services | 0.00% | 0.00% | 16.35% | 94.82% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | FRVFX % Rank | |
|---|---|---|---|---|
| US | 92.21% | 18.85% | 100.26% | 80.89% |
| Non US | 5.22% | 0.00% | 73.13% | 17.02% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | FRVFX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 94.21% | 0.00% | 100.00% | 86.81% |
| Corporate | 5.79% | 0.00% | 100.00% | 9.35% |
| Derivative | 0.00% | 0.00% | 96.95% | 27.82% |
| Securitized | 0.00% | 0.00% | 19.73% | 26.86% |
| Municipal | 0.00% | 0.00% | 0.16% | 26.86% |
| Government | 0.00% | 0.00% | 38.89% | 27.10% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | FRVFX % Rank | |
|---|---|---|---|---|
| US | 0.15% | 0.00% | 96.59% | 2.56% |
| Non US | 0.00% | -61.64% | 0.00% | 25.17% |
FRVFX - Expenses
Operational Fees
| FRVFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.83% | 0.05% | 49.72% | 20.62% |
| Management Fee | 0.58% | 0.00% | 1.48% | 10.05% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 87.97% |
| Administrative Fee | 0.15% | 0.01% | 0.47% | 64.19% |
Sales Fees
| FRVFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 5.00% | 38.30% |
Trading Fees
| FRVFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
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.
| FRVFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 67.46% | 3.00% | 468.00% | 63.01% |
FRVFX - Distributions
Dividend Yield Analysis
| FRVFX | Category Low | Category High | FRVFX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 4.36% | 30.54% |
Dividend Distribution Analysis
| FRVFX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
| FRVFX | Category Low | Category High | FRVFX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.34% | -2.48% | 4.15% | 73.82% |
Capital Gain Distribution Analysis
| FRVFX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Dec 19, 2017 | $0.060 |
| Dec 19, 2012 | $0.188 |
| Dec 17, 2008 | $0.034 |
| Dec 17, 2004 | $0.064 |
FRVFX - Fund Manager Analysis
Managers
Steven Raineri
Start Date
Tenure
Tenure Rank
Jul 02, 2012
8.5
8.5%
Steven B. Raineri, Vice President and Portfolio Manager of Franklin Advisory Services. Mr. Raineri joined Franklin Templeton in 2005. He has been in the investment industry for more than 20 years. Mr. Raineri began his career at Gabelli & Company, and has also worked for Dresdner Kleinwort Wasserstein and WoodAllen Capital Management. He also spent several years as a business valuation analyst for Arthur Andersen and J&W Seligman Valuations.
Christopher Meeker
Start Date
Tenure
Tenure Rank
Mar 01, 2015
5.84
5.8%
Christopher Meeker, CFA, Portfolio Manager/Research Analyst of Franklin Advisory Services. Mr. Meeker joined Franklin Templeton Investments in September 2012 as a research analyst. He has been in the investment industry for more than 15 years. Prior to joining Franklin Templeton, Mr. Meeker worked as a senior research analyst at Federated Global Investment Management. Mr. Meeker also has prior investment experience at Farr, Miller & Washington LLC, a boutique asset manager. Prior to his buy-side work, Mr. Meeker spent six years as an investment banker with Houlihan Lokey Howard & Zukin, Inc. and AMT Capital Advisors, LLC."
Nicholas Karzon
Start Date
Tenure
Tenure Rank
Dec 31, 2019
1.0
1.0%
Mr. Karzon has been a portfolio manager of the Small Cap Value Fund since December 2019. He joined Franklin Templeton in 2014.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 36.03 | 7.12 | 1.17 |