TESIX: Franklin Mutual Shares A

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TESIX Franklin Mutual Shares A


Profile

TESIX - Profile

Vitals

  • YTD Return -18.7%
  • 3 Yr Annualized Return -8.6%
  • 5 Yr Annualized Return -4.1%
  • Net Assets $8.63 B
  • Holdings in Top 10 25.5%

52 WEEK LOW AND HIGH

$22.16
$16.82
$28.45

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.03%

SALES FEES

  • Front Load 5.50%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 21.71%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Distributions

  • YTD Total Return -18.7%
  • 3 Yr Annualized Total Return -8.6%
  • 5 Yr Annualized Total Return -4.1%
  • Capital Gain Distribution Frequency None
  • Net Income Ratio 2.07%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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
    129019017
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Deborah Turner

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Categories

Performance

TESIX - Performance

Return Ranking - Trailing

Period TESIX Return Category Return Low Category Return High Rank in Category (%)
YTD -18.7% -42.4% 39.2% 97.82%
1 Yr -20.1% -47.6% 46.9% 98.01%
3 Yr -8.6%* -37.6% 17.4% 95.17%
5 Yr -4.1%* -19.0% 16.6% 92.68%
10 Yr 1.4%* -9.2% 13.1% 78.79%

* Annualized

Return Ranking - Calendar

Period TESIX Return Category Return Low Category Return High Rank in Category (%)
2019 13.6% -46.3% 66.4% 77.38%
2018 -15.3% -64.5% 1.8% 54.72%
2017 1.4% -38.9% 80.9% 97.88%
2016 8.5% -26.1% 36.8% 5.86%
2015 -12.0% -42.3% 13.2% 83.95%

Total Return Ranking - Trailing

Period TESIX Return Category Return Low Category Return High Rank in Category (%)
YTD -18.7% -42.4% 39.2% 97.82%
1 Yr -20.1% -47.6% 46.9% 98.01%
3 Yr -8.6%* -37.0% 20.0% 97.19%
5 Yr -4.1%* -17.1% 17.3% 96.39%
10 Yr 1.4%* -7.4% 15.7% 91.86%

* Annualized

Total Return Ranking - Calendar

Period TESIX Return Category Return Low Category Return High Rank in Category (%)
2019 13.6% -46.3% 66.4% 77.38%
2018 -15.3% -64.5% 4.0% 73.75%
2017 1.4% -9.3% 80.9% 99.53%
2016 8.5% -23.9% 39.4% 22.63%
2015 -12.0% -34.5% 13.2% 90.61%

NAV & Total Return History


Holdings

TESIX - Holdings

Concentration Analysis

TESIX Category Low Category High TESIX % Rank
Net Assets 8.63 B 12 K 55 B 7.10%
Number of Holdings 107 1 8660 9.57%
Net Assets in Top 10 2.18 B 77.7 K 33 B 14.86%
Weighting of Top 10 25.50% 10.7% 109.6% 90.17%

Top 10 Holdings

  1. Medtronic PLC 3.18%
  2. Charter Communications Inc A 3.17%
  3. Merck & Co Inc 2.79%
  4. Samsung Electronics Co Ltd 2.52%
  5. The Kraft Heinz Co 2.46%
  6. Williams Companies Inc 2.34%
  7. The Walt Disney Co 2.28%
  8. GlaxoSmithKline PLC 2.28%
  9. Oracle Corp 2.26%
  10. Cognizant Technology Solutions Corp A 2.23%

Asset Allocation

Weighting Return Low Return High TESIX % Rank
Stocks
91.20% 62.95% 259.02% 44.87%
Bonds
7.43% -235.37% 29.37% 36.30%
Cash
1.37% -93.75% 187.11% 70.51%
Preferred Stocks
0.00% 0.00% 13.36% 74.14%
Other
0.00% -2.38% 75.09% 80.08%
Convertible Bonds
0.00% 0.00% 6.64% 80.80%

Stock Sector Breakdown

Weighting Return Low Return High TESIX % Rank
Financial Services
20.46% 0.00% 47.35% 3.21%
Healthcare
19.42% 0.00% 53.30% 6.37%
Technology
14.93% 0.00% 51.17% 82.21%
Consumer Defense
12.64% 0.00% 30.49% 4.70%
Communication Services
9.47% 0.00% 37.99% 29.86%
Industrials
7.07% 0.00% 47.47% 95.66%
Energy
6.94% 0.00% 85.32% 10.11%
Consumer Cyclical
6.43% 0.00% 32.90% 88.04%
Real Estate
1.57% 0.00% 43.77% 92.92%
Utilities
1.08% 0.00% 80.71% 88.70%
Basic Materials
0.00% 0.00% 34.56% 95.06%

Stock Geographic Breakdown

Weighting Return Low Return High TESIX % Rank
US
76.24% -0.92% 78.23% 1.43%
Non US
14.96% 5.26% 193.33% 99.46%

Bond Sector Breakdown

Weighting Return Low Return High TESIX % Rank
Corporate
72.01% 0.00% 99.82% 1.67%
Cash & Equivalents
17.73% -0.83% 187.10% 82.54%
Government
10.26% -2.84% 85.11% 64.42%
Derivative
0.00% -170.75% 74.30% 67.58%
Securitized
0.00% 0.00% 40.76% 81.23%
Municipal
0.00% 0.00% 5.04% 73.84%

Bond Geographic Breakdown

Weighting Return Low Return High TESIX % Rank
US
7.43% -189.52% 31.35% 25.68%
Non US
0.00% -10.76% 33.33% 81.51%

Expenses

TESIX - Expenses

Operational Fees

TESIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.03% 0.01% 45.88% 40.76%
Management Fee 0.65% 0.00% 1.60% 73.00%
12b-1 Fee 0.25% 0.00% 1.00% 36.71%
Administrative Fee N/A 0.01% 0.70% 75.14%

Sales Fees

TESIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 2.25% 5.75% 54.85%
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

TESIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.20% 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.

TESIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 21.71% 0.00% 614.00% 36.25%

Distributions

TESIX - Distributions

Dividend Yield Analysis

TESIX Category Low Category High TESIX % Rank
Dividend Yield 0.00% 0.00% 11.17% 43.61%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

TESIX Category Low Category High TESIX % Rank
Net Income Ratio 2.07% -7.55% 13.14% 20.41%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

TESIX - Fund Manager Analysis

Managers

Deborah Turner


Start Date

Tenure

Tenure Rank

Aug 01, 2001

19.1

19.1%

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 Langerman


Start Date

Tenure

Tenure Rank

May 19, 2005

15.3

15.3%

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.

F. David Segal


Start Date

Tenure

Tenure Rank

May 19, 2005

15.3

15.3%

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 Category High Category Average Category Mode
0.01 38.02 5.19 0.67