Foreign Smaller Companies Series
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-3.1%
1 yr return
6.0%
3 Yr Avg Return
-4.8%
5 Yr Avg Return
2.1%
Net Assets
$181 M
Holdings in Top 10
17.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.02%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 31.09%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/24/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TFSCX - Profile
Distributions
- YTD Total Return -3.1%
- 3 Yr Annualized Total Return -4.8%
- 5 Yr Annualized Total Return 2.1%
- Capital Gain Distribution Frequency None
- Net Income Ratio 1.13%
- Dividend Yield 1.3%
- Dividend Distribution Frequency SemiAnnual
Fund Details
-
Legal NameForeign Smaller Companies Series
-
Fund Family NameFranklin Templeton Group of Funds
-
Inception DateJun 26, 2003
-
Shares Outstanding32154664
-
Share ClassAdv
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerHarlan Hodes
Fund Description
Under normal market conditions, the Fund invests at least 80% of its net assets in investments of smaller companies located outside the U.S., including emerging markets. For purposes of this 80% policy, smaller companies are defined as those
with market capitalizations that do not exceed $4 billion. However, under normal conditions, when making an initial purchase of securities of a company, the investment manager will only invest in securities of companies with a market capitalization of not more than $2 billion. Once a security qualifies for initial purchase, it continues to qualify for additional purchases as long as it is held by the Fund, provided that the issuer's market capitalization does not exceed $4 billion. In addition, the Fund may continue to hold securities that have grown to have a market capitalization in excess of $4 billion. The result may be that the Fund could hold a significant percentage of its net assets in securities of companies that have market capitalizations in excess of $2 billion. The Fund predominantly invests in equity securities, primarily common stock.
The Fund may invest more than 25% of its assets in the securities of issuers located in any one country.
When choosing equity investments for the Fund, the investment manager applies a “bottom-up,” value-oriented, long-term approach, focusing on the market price of a company’s securities relative to the investment manager’s evaluation of the company’s long-term earnings, asset value and cash flow potential. The investment manager also considers a company’s price/earnings ratio, profit margins and liquidation value.
In selecting securities for the Fund, the investment manager attempts to identify those companies that offer above-average opportunities for capital appreciation in various countries and industries where economic and political factors, including currency movements, are favorable to capital growth.
The investment manager may consider selling an equity security when it believes the security has become overvalued due to either its price appreciation or changes in the company's fundamentals, when the investment manager believes that the market capitalization of a security has become too large, or when the investment manager believes another security is a more attractive investment opportunity.
TFSCX - Performance
Return Ranking - Trailing
Period | TFSCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.1% | -4.7% | 5.4% | 96.39% |
1 Yr | 6.0% | -3.0% | 15.3% | 69.88% |
3 Yr | -4.8%* | -8.9% | 4.5% | 94.87% |
5 Yr | 2.1%* | 1.2% | 8.3% | 97.33% |
10 Yr | 2.7%* | 2.1% | 6.4% | 89.13% |
* Annualized
Return Ranking - Calendar
Period | TFSCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 14.3% | 1.1% | 25.3% | 14.46% |
2022 | -25.1% | -35.4% | -13.9% | 93.83% |
2021 | -5.3% | -5.3% | 14.4% | 100.00% |
2020 | 7.6% | 3.1% | 17.0% | 61.54% |
2019 | 19.2% | 13.1% | 25.4% | 56.34% |
Total Return Ranking - Trailing
Period | TFSCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.1% | -4.7% | 5.4% | 96.39% |
1 Yr | 6.0% | -3.0% | 15.3% | 69.88% |
3 Yr | -4.8%* | -8.9% | 4.5% | 94.87% |
5 Yr | 2.1%* | 1.2% | 8.3% | 97.33% |
10 Yr | 2.7%* | 2.1% | 6.4% | 89.13% |
* Annualized
Total Return Ranking - Calendar
Period | TFSCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.9% | 2.5% | 25.8% | 13.25% |
2022 | -23.3% | -35.4% | -10.9% | 91.36% |
2021 | 10.7% | 7.7% | 18.9% | 76.92% |
2020 | 9.0% | 3.5% | 18.1% | 67.95% |
2019 | 22.9% | 17.4% | 32.7% | 50.70% |
NAV & Total Return History
TFSCX - Holdings
Concentration Analysis
TFSCX | Category Low | Category High | TFSCX % Rank | |
---|---|---|---|---|
Net Assets | 181 M | 6.5 M | 11.4 B | 83.13% |
Number of Holdings | 110 | 2 | 4721 | 61.45% |
Net Assets in Top 10 | 32.5 M | 1.08 M | 11.3 B | 79.52% |
Weighting of Top 10 | 16.99% | 0.2% | 100.0% | 44.58% |
Top 10 Holdings
- Technogym SpA 2.03%
- Sanlorenzo SpA 2.02%
- OneSpaWorld Holdings Ltd. 1.78%
- Interpump Group SpA 1.70%
- Canadian Western Bank 1.67%
- MEITEC Group Holdings, Inc. 1.59%
- TechnoPro Holdings, Inc. 1.58%
- Man Group plc 1.55%
- Techtronic Industries Co. Ltd. 1.55%
- Chicony Electronics Co. Ltd. 1.52%
Asset Allocation
Weighting | Return Low | Return High | TFSCX % Rank | |
---|---|---|---|---|
Stocks | 95.22% | 0.98% | 99.43% | 69.88% |
Cash | 4.39% | 0.00% | 99.02% | 25.30% |
Preferred Stocks | 0.00% | 0.00% | 2.90% | 63.86% |
Other | 0.00% | 0.00% | 52.74% | 77.11% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 40.24% |
Bonds | 0.00% | 0.00% | 0.35% | 45.78% |
Stock Sector Breakdown
Weighting | Return Low | Return High | TFSCX % Rank | |
---|---|---|---|---|
Consumer Cyclical | 24.03% | 9.23% | 27.42% | 4.88% |
Industrials | 23.51% | 12.46% | 32.63% | 42.68% |
Technology | 14.99% | 9.14% | 22.43% | 18.29% |
Financial Services | 12.79% | 2.16% | 21.69% | 34.15% |
Healthcare | 8.09% | 0.00% | 18.67% | 13.41% |
Consumer Defense | 8.02% | 2.29% | 12.17% | 39.02% |
Basic Materials | 3.84% | 0.02% | 13.14% | 91.46% |
Communication Services | 3.43% | 1.47% | 8.56% | 56.10% |
Energy | 1.29% | 0.00% | 12.34% | 82.93% |
Utilities | 0.00% | 0.00% | 4.57% | 90.24% |
Real Estate | 0.00% | 0.00% | 12.22% | 97.56% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | TFSCX % Rank | |
---|---|---|---|---|
Non US | 91.64% | 0.00% | 99.40% | 77.11% |
US | 3.58% | 0.00% | 99.03% | 27.71% |
TFSCX - Expenses
Operational Fees
TFSCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.02% | 0.08% | 2.84% | 73.49% |
Management Fee | 0.95% | 0.05% | 1.03% | 68.67% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.15% | 0.03% | 0.25% | 95.00% |
Sales Fees
TFSCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 0.00% | 5.00% | N/A |
Trading Fees
TFSCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 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.
TFSCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 31.09% | 1.00% | 185.00% | 37.66% |
TFSCX - Distributions
Dividend Yield Analysis
TFSCX | Category Low | Category High | TFSCX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.33% | 0.00% | 3.97% | 80.72% |
Dividend Distribution Analysis
TFSCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
TFSCX | Category Low | Category High | TFSCX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.13% | 0.03% | 2.41% | 48.78% |
Capital Gain Distribution Analysis
TFSCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | None | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 20, 2023 | $0.121 | OrdinaryDividend |
Oct 02, 2023 | $0.118 | OrdinaryDividend |
Dec 20, 2022 | $0.309 | OrdinaryDividend |
Oct 03, 2022 | $0.074 | OrdinaryDividend |
Oct 02, 2020 | $0.003 | OrdinaryDividend |
Oct 08, 2019 | $0.033 | OrdinaryDividend |
Sep 09, 2015 | $0.004 | OrdinaryDividend |
Dec 27, 2012 | $0.266 | OrdinaryDividend |
Sep 11, 2012 | $0.002 | OrdinaryDividend |
Dec 28, 2011 | $0.240 | OrdinaryDividend |
Sep 07, 2011 | $0.001 | OrdinaryDividend |
Dec 29, 2010 | $0.116 | OrdinaryDividend |
Sep 03, 2010 | $0.016 | OrdinaryDividend |
Dec 17, 2009 | $0.110 | OrdinaryDividend |
Sep 03, 2009 | $0.012 | OrdinaryDividend |
Dec 19, 2008 | $0.434 | OrdinaryDividend |
Sep 04, 2008 | $0.047 | OrdinaryDividend |
Dec 19, 2007 | $0.356 | OrdinaryDividend |
Mar 06, 2007 | $0.029 | OrdinaryDividend |
Dec 19, 2006 | $0.305 | OrdinaryDividend |
Mar 07, 2006 | $0.027 | OrdinaryDividend |
Dec 20, 2005 | $0.348 | OrdinaryDividend |
Mar 08, 2005 | $0.014 | OrdinaryDividend |
Dec 14, 2004 | $0.139 | OrdinaryDividend |
Mar 09, 2004 | $0.018 | OrdinaryDividend |
Dec 16, 2003 | $0.126 | OrdinaryDividend |
TFSCX - Fund Manager Analysis
Managers
Harlan Hodes
Start Date
Tenure
Tenure Rank
Oct 31, 2007
14.59
14.6%
HARLAN B. HODES, CPA Executive Vice President Portfolio Manager, Research Analyst Harlan B. Hodes is an executive vice president for the Templeton Global Equity Group. Mr. Hodes manages the US retail Templeton Global Smaller Companies Fund and small-cap institutional portfolios, including Templeton International Smaller Companies Fund and TIF Foreign Smaller Companies Fund. In addition, he has global research responsibilities for small-cap and Asian consumer goods and small-cap cyclicals.
David Tuttle
Start Date
Tenure
Tenure Rank
Jan 01, 2021
1.41
1.4%
David Tuttle is a vice president, and portfolio manager for the Templeton Global Equity Group. Mr. Tuttle holds a bachelor of commerce degree (with distinction) from the University of Toronto. He is a Chartered Financial Analyst (CFA) charterholder, a Certified Financial Planner (CFP), and a member of the Toronto Society of Financial Analysts.
Kyle Denning
Start Date
Tenure
Tenure Rank
Mar 01, 2022
0.25
0.3%
Mr. Denning has been a portfolio manager of the Fund since March 2022, providing research and advice on the purchases and sales of individual securities, and portfolio risk assessment. He joined Franklin Templeton in 2019. Prior to joining, he was a senior research analyst at Hardman Johnston Global Advisors.
Katie Ylijoki
Start Date
Tenure
Tenure Rank
Mar 01, 2022
0.25
0.3%
Ms. Ylijoki has been a portfolio manager of the Fund since March 2022, providing research and advice on the purchases and sales of individual securities, and portfolio risk assessment. She joined Franklin Templeton in 2006.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 21.76 | 7.61 | 18.43 |