TESIX: Franklin Mutual Shares A

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

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

TESIX Franklin Mutual Shares A


Profile

TESIX - Profile

Vitals

  • YTD Return -24.1%
  • 3 Yr Annualized Return -11.0%
  • 5 Yr Annualized Return -7.5%
  • Net Assets $8.45 B
  • Holdings in Top 10 24.5%

52 WEEK LOW AND HIGH

$20.69
$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

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Allocation--85%+ Equity

Distributions

  • YTD Total Return -24.1%
  • 3 Yr Annualized Total Return -11.0%
  • 5 Yr Annualized Total Return -7.5%
  • 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
    138840305
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Deborah Turner

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

TESIX - Performance

Return Ranking - Trailing

Period TESIX Return Category Return Low Category Return High Rank in Category (%)
YTD -24.1% -63.2% 41.4% 89.76%
1 Yr -22.3% -73.8% 55.0% 88.27%
3 Yr -11.0%* -37.7% 31.1% 84.14%
5 Yr -7.5%* -38.6% 30.4% 81.63%
10 Yr 1.1%* -37.8% 31.7% 69.57%

* Annualized

Return Ranking - Calendar

Period TESIX Return Category Return Low Category Return High Rank in Category (%)
2019 13.6% -58.1% 80.6% 53.55%
2018 -15.3% -52.1% 23.6% 63.70%
2017 1.4% -55.3% 69.8% 78.09%
2016 8.5% -84.5% 146.1% 38.34%
2015 -12.0% -50.8% 22.5% 79.50%

Total Return Ranking - Trailing

Period TESIX Return Category Return Low Category Return High Rank in Category (%)
YTD -24.1% -63.2% 41.4% 89.76%
1 Yr -22.3% -73.8% 55.0% 88.27%
3 Yr -11.0%* -37.1% 31.1% 89.48%
5 Yr -7.5%* -38.6% 30.4% 90.72%
10 Yr 1.1%* -37.8% 31.7% 86.02%

* Annualized

Total Return Ranking - Calendar

Period TESIX Return Category Return Low Category Return High Rank in Category (%)
2019 13.6% -58.1% 80.6% 53.69%
2018 -15.3% -47.9% 23.6% 74.70%
2017 1.4% -55.3% 69.8% 84.68%
2016 8.5% -84.5% 146.1% 49.29%
2015 -12.0% -50.8% 30.8% 86.02%

NAV & Total Return History


Holdings

TESIX - Holdings

Concentration Analysis

TESIX Category Low Category High TESIX % Rank
Net Assets 8.45 B 273 K 93.7 B 10.12%
Number of Holdings 115 1 5871 36.01%
Net Assets in Top 10 2.06 B -2.14 B 26.6 B 11.50%
Weighting of Top 10 24.47% 0.3% 96.3% 75.56%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High TESIX % Rank
Stocks
89.07% -203.84% 100.22% 20.08%
Cash
5.32% -5.05% 1041.68% 81.72%
Bonds
4.96% -696.69% 55.92% 14.27%
Other
0.65% -895.56% 37.72% 20.64%
Preferred Stocks
0.00% -0.02% 19.88% 59.83%
Convertible Bonds
0.00% 0.00% 18.08% 53.88%

Stock Sector Breakdown

Weighting Return Low Return High TESIX % Rank
Healthcare
21.73% 0.00% 100.00% 12.93%
Financial Services
19.68% 0.00% 100.00% 20.11%
Technology
15.23% 0.00% 99.86% 54.17%
Consumer Defense
12.46% 0.00% 68.07% 15.37%
Communication Services
9.83% 0.00% 100.00% 39.22%
Energy
7.81% 0.00% 100.00% 16.24%
Industrials
6.36% 0.00% 71.61% 78.02%
Consumer Cyclical
4.91% 0.00% 57.49% 75.86%
Real Estate
1.99% 0.00% 55.75% 59.34%
Utilities
0.00% 0.00% 99.07% 82.90%
Basic Materials
0.00% 0.00% 51.56% 90.09%

Stock Geographic Breakdown

Weighting Return Low Return High TESIX % Rank
US
72.64% -21.87% 80.00% 36.43%
Non US
16.43% -187.06% 62.12% 18.01%

Bond Sector Breakdown

Weighting Return Low Return High TESIX % Rank
Cash & Equivalents
55.77% 0.00% 100.00% 85.04%
Corporate
40.55% 0.00% 100.00% 8.03%
Government
3.68% 0.00% 87.44% 14.82%
Derivative
0.00% -0.02% 86.99% 53.88%
Securitized
0.00% 0.00% 51.13% 52.35%
Municipal
0.00% 0.00% 10.23% 49.31%

Bond Geographic Breakdown

Weighting Return Low Return High TESIX % Rank
US
4.96% -696.69% 40.50% 13.85%
Non US
0.00% -164.57% 15.42% 52.22%

Expenses

TESIX - Expenses

Operational Fees

TESIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.03% 0.04% 27.58% 80.97%
Management Fee 0.65% 0.00% 2.94% 24.90%
12b-1 Fee 0.25% 0.00% 1.00% 39.11%
Administrative Fee N/A 0.01% 1.12% 75.14%

Sales Fees

TESIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 5.50% 0.50% 5.75% 62.50%
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

TESIX 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.

TESIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 21.71% 0.00% 485.00% 26.32%

Distributions

TESIX - Distributions

Dividend Yield Analysis

TESIX Category Low Category High TESIX % Rank
Dividend Yield 0.00% 0.00% 11.31% 48.55%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

TESIX Category Low Category High TESIX % Rank
Net Income Ratio 2.07% -4.31% 4.44% 10.23%

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

18.76

18.8%

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

14.96

15.0%

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

14.96

15.0%

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
0.02 41.35 8.33 2.0