Franklin Mutual Global Discovery C
- TEDSX
- Price as of: Jul 30, 2021
-
$32.52
N/A N/A
- Primary Theme
- N/A
- Fund Company
- Franklin Templeton
- Share Class
TEDSX - Snapshot
Vitals
- YTD Return 15.3%
- 3 Yr Annualized Return 6.7%
- 5 Yr Annualized Return 7.7%
- Net Assets $10.5 B
- Holdings in Top 10 25.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 2.01%
SALES FEES
- Front Load N/A
- Deferred Load 1.00%
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
TEDSX - Profile
Distributions
- YTD Total Return 15.3%
- 3 Yr Annualized Total Return 6.7%
- 5 Yr Annualized Total Return 7.7%
- Capital Gain Distribution Frequency None
- Net Income Ratio 2.66%
- Dividend Yield 1.5%
- Dividend Distribution Frequency Semi-Monthly
Fund Details
-
Legal NameFranklin Mutual Global Discovery Fund
-
Fund Family NameFranklin Templeton Investments
-
Inception DateDec 31, 1992
-
Shares Outstanding14482282
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerTimothy 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.
TEDSX - Performance
Return Ranking - Trailing
| Period | TEDSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.3% | -35.6% | 29.2% | 8.17% |
| 1 Yr | 40.3% | 17.3% | 252.4% | 68.98% |
| 3 Yr | 6.7%* | -3.5% | 34.6% | 93.19% |
| 5 Yr | 7.7%* | 0.1% | 32.7% | 93.15% |
| 10 Yr | 6.4%* | -6.9% | 18.3% | 90.17% |
* Annualized
Return Ranking - Calendar
| Period | TEDSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -7.7% | -24.3% | 957.1% | 96.45% |
| 2019 | 16.0% | -38.3% | 47.1% | 75.73% |
| 2018 | -16.5% | -54.2% | 0.6% | 64.60% |
| 2017 | 4.0% | -76.0% | 54.1% | 96.49% |
| 2016 | 5.8% | -26.1% | 47.8% | 18.66% |
Total Return Ranking - Trailing
| Period | TEDSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 15.3% | -35.6% | 29.2% | 8.17% |
| 1 Yr | 39.3% | 11.4% | 252.4% | 67.39% |
| 3 Yr | 6.7%* | -3.5% | 34.6% | 91.24% |
| 5 Yr | 7.7%* | 0.1% | 32.7% | 92.08% |
| 10 Yr | 6.4%* | -6.9% | 18.3% | 89.24% |
* Annualized
Total Return Ranking - Calendar
| Period | TEDSX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | -7.7% | -24.3% | 957.1% | 96.45% |
| 2019 | 16.0% | -33.1% | 47.1% | 75.98% |
| 2018 | -16.5% | -44.4% | 1.8% | 75.91% |
| 2017 | 4.0% | -6.5% | 54.1% | 98.68% |
| 2016 | 5.8% | -14.4% | 47.8% | 34.61% |
NAV & Total Return History
TEDSX - Holdings
Concentration Analysis
| TEDSX | Category Low | Category High | TEDSX % Rank | |
|---|---|---|---|---|
| Net Assets | 10.5 B | 199 K | 133 B | 8.33% |
| Number of Holdings | 89 | 1 | 9075 | 39.87% |
| Net Assets in Top 10 | 2.71 B | -18 M | 37.6 B | 12.11% |
| Weighting of Top 10 | 25.07% | 9.1% | 100.0% | 68.76% |
Top 10 Holdings
- GlaxoSmithKline PLC 3.43%
- GlaxoSmithKline PLC 3.43%
- GlaxoSmithKline PLC 3.43%
- GlaxoSmithKline PLC 3.43%
- GlaxoSmithKline PLC 3.43%
- GlaxoSmithKline PLC 3.43%
- GlaxoSmithKline PLC 3.43%
- GlaxoSmithKline PLC 3.43%
- GlaxoSmithKline PLC 3.43%
- GlaxoSmithKline PLC 3.43%
Asset Allocation
| Weighting | Return Low | Return High | TEDSX % Rank | |
|---|---|---|---|---|
| Stocks | 89.10% | 61.84% | 125.47% | 97.80% |
| Cash | 8.15% | -174.70% | 23.12% | 7.71% |
| Bonds | 2.69% | -1.50% | 161.67% | 0.99% |
| Convertible Bonds | 0.07% | 0.00% | 4.46% | 98.35% |
| Preferred Stocks | 0.00% | -0.01% | 5.28% | 98.02% |
| Other | 0.00% | -13.98% | 19.14% | 97.80% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | TEDSX % Rank | |
|---|---|---|---|---|
| Financial Services | 23.11% | 0.00% | 38.42% | 4.63% |
| Healthcare | 18.74% | 0.00% | 35.42% | 16.96% |
| Technology | 14.40% | 0.00% | 49.87% | 78.52% |
| Energy | 10.01% | 0.00% | 21.15% | 1.10% |
| Communication Services | 8.61% | 0.00% | 57.66% | 69.49% |
| Industrials | 7.28% | 0.00% | 44.06% | 86.12% |
| Consumer Cyclical | 7.26% | 0.00% | 40.94% | 83.48% |
| Consumer Defense | 6.62% | 0.00% | 73.28% | 52.20% |
| Basic Materials | 3.97% | 0.00% | 38.60% | 34.80% |
| Utilities | 0.00% | 0.00% | 29.12% | 99.78% |
| Real Estate | 0.00% | 0.00% | 39.48% | 99.89% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | TEDSX % Rank | |
|---|---|---|---|---|
| US | 44.79% | 0.13% | 103.82% | 72.14% |
| Non US | 44.31% | 0.58% | 99.46% | 65.09% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | TEDSX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 75.16% | 0.00% | 100.00% | 92.06% |
| Corporate | 19.54% | 0.00% | 99.70% | 4.14% |
| Government | 5.30% | 0.00% | 100.00% | 2.24% |
| Derivative | 0.00% | 0.00% | 100.00% | 99.66% |
| Securitized | 0.00% | 0.00% | 24.65% | 97.99% |
| Municipal | 0.00% | 0.00% | 0.70% | 97.99% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | TEDSX % Rank | |
|---|---|---|---|---|
| US | 2.69% | -0.01% | 130.80% | 1.10% |
| Non US | 0.00% | -11.21% | 30.87% | 98.13% |
TEDSX - Expenses
Operational Fees
| TEDSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 2.01% | 0.01% | 44.27% | 17.90% |
| Management Fee | 0.84% | 0.00% | 1.82% | 80.74% |
| 12b-1 Fee | 1.00% | 0.00% | 1.00% | 99.78% |
| Administrative Fee | N/A | 0.01% | 0.76% | 75.71% |
Sales Fees
| TEDSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | 1.00% | 1.00% | 5.00% | 100.00% |
Trading Fees
| TEDSX 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.
| TEDSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 17.25% | 0.00% | 395.00% | 14.33% |
TEDSX - Distributions
Dividend Yield Analysis
| TEDSX | Category Low | Category High | TEDSX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.54% | 0.00% | 3.26% | 98.25% |
Dividend Distribution Analysis
| TEDSX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Semi-Monthly | Annually | Annually | Annually |
Net Income Ratio Analysis
| TEDSX | Category Low | Category High | TEDSX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.66% | -4.27% | 12.65% | 6.25% |
Capital Gain Distribution Analysis
| TEDSX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | None | Annually | Semi-Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Dec 20, 2011 | $0.249 |
| Sep 07, 2011 | $0.003 |
| Dec 21, 2010 | $0.282 |
| Sep 08, 2010 | $0.007 |
| Dec 22, 2009 | $0.069 |
| Dec 23, 2008 | $0.133 |
| Sep 09, 2008 | $0.017 |
| Dec 26, 2007 | $0.431 |
| Jun 19, 2007 | $0.009 |
| Dec 27, 2006 | $0.274 |
| Jun 20, 2006 | $0.104 |
| Jun 21, 2005 | $0.160 |
| Dec 28, 2004 | $0.010 |
| Dec 21, 2004 | $0.221 |
| Jun 22, 2004 | $0.107 |
| Dec 23, 2003 | $0.167 |
| Jun 17, 2003 | $0.097 |
| Dec 24, 2002 | $0.115 |
| Jun 18, 2002 | $0.030 |
| Dec 18, 2001 | $0.097 |
| Jun 26, 2001 | $0.063 |
| Jun 29, 2000 | $0.269 |
| Dec 28, 1999 | $0.195 |
| Jun 25, 1999 | $0.025 |
| Dec 28, 1998 | $0.240 |
| Jul 20, 1998 | $0.065 |
| Dec 29, 1997 | $0.561 |
TEDSX - Fund Manager Analysis
Managers
Timothy Rankin
Start Date
Tenure
Tenure Rank
Dec 31, 2010
10.59
10.6%
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
3.58
3.6%
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
0.74
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 |