TEDIX: Franklin Mutual Global Discovery Fund - MutualFunds.com
Continue to site >
Trending ETFs

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Franklin Mutual Global Discovery A

TEDIX - Snapshot

Vitals

  • YTD Return 15.7%
  • 3 Yr Annualized Return 7.5%
  • 5 Yr Annualized Return 8.5%
  • Net Assets $10.5 B
  • Holdings in Top 10 25.1%

52 WEEK LOW AND HIGH

$32.65
$23.57
$33.41

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.26%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 17.25%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $250

Fund Classification

  • Primary Theme N/A
  • Fund Type Open End Mutual Fund
  • Investment Style World Large-Stock Value

Compare TEDIX to Popular Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$110.31

-0.56%

$1.26 T

-

$0.00

16.47%

0.14%

$226.69

-0.59%

$1.26 T

0.93%

$2.13

16.30%

0.03%

$403.15

-0.49%

$753.41 B

1.30%

$5.29

17.06%

0.03%

$406.07

-0.53%

$753.41 B

-

$0.00

17.16%

0.14%

$20.80

-0.81%

$404.73 B

-

$0.00

7.22%

0.17%

TEDIX - Profile

Distributions

  • YTD Total Return 15.7%
  • 3 Yr Annualized Total Return 5.5%
  • 5 Yr Annualized Total Return 7.3%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 3.39%
DIVIDENDS
  • Dividend Yield 2.3%
  • Dividend Distribution Frequency Semi-Monthly

Fund Details

  • Legal Name
    Franklin Mutual Global Discovery Fund
  • Fund Family Name
    Franklin Templeton Investments
  • Inception Date
    Dec 31, 1992
  • Shares Outstanding
    175071743
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Timothy Rankin

Fund Description

The fund invests primarily in equity securities (including securities convertible into, or that the investment manager expects to be exchanged for, common or preferred stock) of U.S. and foreign companies that the investment manager believes are available at market prices less than their value based on certain recognized or objective criteria (intrinsic value). The equity securities in which the fund invests are primarily common stock. The fund may invest substantially and potentially up to 100% of its assets in foreign securities and participations in foreign government debt.


TEDIX - Performance

Return Ranking - Trailing

Period TEDIX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.7% -35.6% 29.2% 6.38%
1 Yr 41.3% 17.3% 252.4% 65.91%
3 Yr 7.5%* -3.5% 34.6% 88.81%
5 Yr 8.5%* 0.1% 32.7% 90.07%
10 Yr 7.2%* -6.9% 18.3% 83.67%

* Annualized

Return Ranking - Calendar

Period TEDIX Return Category Return Low Category Return High Rank in Category (%)
2020 -7.8% -24.3% 957.1% 96.81%
2019 15.9% -38.3% 47.1% 76.11%
2018 -17.2% -54.2% 0.6% 69.58%
2017 4.0% -76.0% 54.1% 96.63%
2016 5.9% -26.1% 47.8% 18.02%

Total Return Ranking - Trailing

Period TEDIX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.7% -35.6% 29.2% 6.49%
1 Yr 33.5% 11.4% 252.4% 80.00%
3 Yr 5.5%* -3.5% 34.6% 95.86%
5 Yr 7.3%* 0.1% 32.7% 94.63%
10 Yr 6.6%* -6.9% 18.3% 87.76%

* Annualized

Total Return Ranking - Calendar

Period TEDIX Return Category Return Low Category Return High Rank in Category (%)
2020 -7.8% -24.3% 957.1% 96.81%
2019 15.9% -33.1% 47.1% 76.36%
2018 -17.2% -44.4% 1.8% 79.00%
2017 4.0% -6.5% 54.1% 98.83%
2016 5.9% -14.4% 47.8% 33.01%

NAV & Total Return History


TEDIX - Holdings

Concentration Analysis

TEDIX Category Low Category High TEDIX % Rank
Net Assets 10.5 B 199 K 133 B 8.11%
Number of Holdings 89 1 9075 39.65%
Net Assets in Top 10 2.71 B -18 M 37.6 B 11.89%
Weighting of Top 10 25.07% 9.1% 100.0% 68.54%

Top 10 Holdings

  1. GlaxoSmithKline PLC 3.43%
  2. GlaxoSmithKline PLC 3.43%
  3. GlaxoSmithKline PLC 3.43%
  4. GlaxoSmithKline PLC 3.43%
  5. GlaxoSmithKline PLC 3.43%
  6. GlaxoSmithKline PLC 3.43%
  7. GlaxoSmithKline PLC 3.43%
  8. GlaxoSmithKline PLC 3.43%
  9. GlaxoSmithKline PLC 3.43%
  10. GlaxoSmithKline PLC 3.43%

Asset Allocation

Weighting Return Low Return High TEDIX % Rank
Stocks
89.10% 61.84% 125.47% 97.58%
Cash
8.15% -174.70% 23.12% 7.49%
Bonds
2.69% -1.50% 161.67% 0.77%
Convertible Bonds
0.07% 0.00% 4.46% 40.64%
Preferred Stocks
0.00% -0.01% 5.28% 46.70%
Other
0.00% -13.98% 19.14% 52.97%

Stock Sector Breakdown

Weighting Return Low Return High TEDIX % Rank
Financial Services
23.11% 0.00% 38.42% 4.41%
Healthcare
18.74% 0.00% 35.42% 16.74%
Technology
14.40% 0.00% 49.87% 78.30%
Energy
10.01% 0.00% 21.15% 0.88%
Communication Services
8.61% 0.00% 57.66% 69.27%
Industrials
7.28% 0.00% 44.06% 85.90%
Consumer Cyclical
7.26% 0.00% 40.94% 83.26%
Consumer Defense
6.62% 0.00% 73.28% 51.65%
Basic Materials
3.97% 0.00% 38.60% 34.58%
Utilities
0.00% 0.00% 29.12% 82.38%
Real Estate
0.00% 0.00% 39.48% 83.59%

Stock Geographic Breakdown

Weighting Return Low Return High TEDIX % Rank
US
44.79% 0.13% 103.82% 71.92%
Non US
44.31% 0.58% 99.46% 64.87%

Bond Sector Breakdown

Weighting Return Low Return High TEDIX % Rank
Cash & Equivalents
75.16% 0.00% 100.00% 91.83%
Corporate
19.54% 0.00% 99.70% 3.91%
Government
5.30% 0.00% 100.00% 2.01%
Derivative
0.00% 0.00% 100.00% 44.63%
Securitized
0.00% 0.00% 24.65% 36.69%
Municipal
0.00% 0.00% 0.70% 36.69%

Bond Geographic Breakdown

Weighting Return Low Return High TEDIX % Rank
US
2.69% -0.01% 130.80% 0.88%
Non US
0.00% -11.21% 30.87% 39.98%

TEDIX - Expenses

Operational Fees

TEDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.26% 0.01% 44.27% 44.24%
Management Fee 0.84% 0.00% 1.82% 79.98%
12b-1 Fee 0.25% 0.00% 1.00% 30.38%
Administrative Fee N/A 0.01% 0.76% 72.47%

Sales Fees

TEDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 2.50% 5.75% 50.40%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

TEDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

TEDIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 17.25% 0.00% 395.00% 14.11%

TEDIX - Distributions

Dividend Yield Analysis

TEDIX Category Low Category High TEDIX % Rank
Dividend Yield 2.33% 0.00% 3.26% 40.26%

Dividend Distribution Analysis

TEDIX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Monthly Annually Annually Annually

Net Income Ratio Analysis

TEDIX Category Low Category High TEDIX % Rank
Net Income Ratio 3.39% -4.27% 12.65% 2.39%

Capital Gain Distribution Analysis

TEDIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency None Annually Semi-Annually Annually

Dividend Payout History

View More +

TEDIX - Fund Manager Analysis

Managers

Timothy Rankin


Start Date

Tenure

Tenure Rank

Dec 31, 2010

10.5

10.5%

Rankin, CFA, has been a co-lead portfolio manager for the Franklin Mutual since January 2018. He is a Portfolio Manager at Franklin Templeton Investments. With 17 years of investment management experience, Rankin first started at Franklin in 1997 as a Research Analyst and became Assistant Portfolio Manager in 2001. In 2004, he left to serve as Managing Director at Blue Harbour Group, LLC before re-joining Franklin in 2010. Prior to his original employment with the Mutual Series Funds, Rankin was an Equity Analyst at Glickenhaus & Co.

Christian Correa


Start Date

Tenure

Tenure Rank

Jan 01, 2018

3.5

3.5%

Christian Correa, CFA is a portfolio manager and director of research for Franklin Mutual Series. Mr. Correa has been a lead or co-lead portfolio manager of the Franklin Mutual Beacon Fund since 2007 and co-lead portfolio manager of the Franklin Mutual Global Discovery Fund since 2018. Prior to joining Franklin Mutual Series in 2003, he worked at Lehman Brothers Holdings Inc. He has more than a decade of investment experience. He holds a B.A. from Claremont McKenna College, an M.A. (economics) from Northwestern Univ. and is a graduate of Harvard Law School.

Katrina Dudley


Start Date

Tenure

Tenure Rank

Nov 02, 2020

0.66

0.7%

Katrina Dudley is co-lead portfolio manager of the Franklin Mutual European mutual funds. She has been a manager of these funds for the past 10 years and has been a member of the Mutual Series team for 14 years. Ms. Dudley has an MBA from New York University's Stern School of Business, a B.A. of Laws and a B.A. in Commerce from Bond University, and an Associate of Science degree from the University of the People. She is a CFA charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.82 6.24 1.25