FRANKLIN MICROCAP VALUE FUND
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-3.3%
1 yr return
18.6%
3 Yr Avg Return
3.2%
5 Yr Avg Return
8.9%
Net Assets
$205 M
Holdings in Top 10
24.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.99%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 31.98%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$100,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FVRMX - Profile
Distributions
- YTD Total Return -3.3%
- 3 Yr Annualized Total Return 3.2%
- 5 Yr Annualized Total Return 8.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.60%
- Dividend Yield 0.9%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameFRANKLIN MICROCAP VALUE FUND
-
Fund Family NameFranklin Templeton Group of Funds
-
Inception DateMay 21, 2007
-
Shares Outstanding1385691
-
Share ClassAdv
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerOliver Wong
Fund Description
Under normal market conditions, the Fund invests at least 80% of its net assets in investments of microcap companies. For purposes of this investment strategy, the Fund considers microcap companies as companies with a total market capitalization (share price times the number of shares of common stock outstanding) up to $1 billion, or a total market capitalization within the bottom 40% of the Russell 2000 Value Index (i.e., less than approximately $1.9 billion as of December 31, 2023), whichever is higher, at the time of purchase. The Fund may invest up to 20% of its net assets in equity securities of companies with market capitalizations greater than companies the Fund considers to be microcap companies, consistent with its goal.
The Fund generally invests in equity securities of companies that the Fund’s investment manager believes are undervalued at the time of purchase and have the potential for capital appreciation. The Fund invests predominantly in common stocks. A stock price is undervalued when it trades at less than the price at which the investment manager believes it would trade if the market reflected all factors relating to the company’s worth. The Fund may also invest in real estate investment trusts (REITs).
The types of companies the Fund may invest in include, among other things, those that may be considered out of favor due to actual or perceived cyclical or secular challenges, or are experiencing temporary setbacks, diminished expectations, mismanagement or undermanagement, or are financially stressed.
The Fund may invest up to 25% of its total assets in foreign securities.
The Fund, from time to time, may have significant positions in particular sectors, such as industrials and financial services companies.
FVRMX - Performance
Return Ranking - Trailing
Period | FVRMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.3% | -12.7% | 8.6% | 97.51% |
1 Yr | 18.6% | 0.2% | 37.8% | 79.19% |
3 Yr | 3.2%* | -14.0% | 67.3% | 37.53% |
5 Yr | 8.9%* | -3.9% | 47.4% | 24.74% |
10 Yr | 6.1%* | -3.8% | 26.2% | 69.93% |
* Annualized
Return Ranking - Calendar
Period | FVRMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.3% | -6.0% | 33.6% | 77.55% |
2022 | -5.0% | -36.7% | 212.9% | 3.47% |
2021 | 9.5% | -62.0% | 147.6% | 84.01% |
2020 | -1.9% | -24.8% | 31.3% | 74.08% |
2019 | -0.1% | -21.7% | 34.0% | 98.46% |
Total Return Ranking - Trailing
Period | FVRMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -3.3% | -12.7% | 8.6% | 97.51% |
1 Yr | 18.6% | 0.2% | 37.8% | 79.19% |
3 Yr | 3.2%* | -14.0% | 67.3% | 37.53% |
5 Yr | 8.9%* | -3.9% | 47.4% | 24.74% |
10 Yr | 6.1%* | -3.8% | 26.2% | 69.93% |
* Annualized
Total Return Ranking - Calendar
Period | FVRMX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 12.0% | 1.8% | 35.4% | 78.23% |
2022 | 1.0% | -36.7% | 250.0% | 4.86% |
2021 | 26.9% | -3.0% | 157.9% | 73.03% |
2020 | 3.8% | -13.5% | 33.4% | 44.50% |
2019 | 18.4% | -1.5% | 34.3% | 91.03% |
NAV & Total Return History
FVRMX - Holdings
Concentration Analysis
FVRMX | Category Low | Category High | FVRMX % Rank | |
---|---|---|---|---|
Net Assets | 205 M | 2.13 M | 52.9 B | 62.22% |
Number of Holdings | 70 | 10 | 1578 | 73.98% |
Net Assets in Top 10 | 49.8 M | 180 K | 3.01 B | 61.76% |
Weighting of Top 10 | 24.19% | 0.3% | 88.4% | 30.84% |
Top 10 Holdings
- L B Foster Co., Class A 3.05%
- Miller Industries, Inc. 2.80%
- Northeast Bank 2.67%
- Sterling Infrastructure, Inc. 2.56%
- First Business Financial Services, Inc. 2.33%
- Matrix Service Co. 2.32%
- Helix Energy Solutions Group, Inc. 2.23%
- Hooker Furnishings Corp. 2.11%
- First Internet Bancorp 2.07%
- Rocky Brands, Inc. 2.06%
Asset Allocation
Weighting | Return Low | Return High | FVRMX % Rank | |
---|---|---|---|---|
Stocks | 98.01% | 0.99% | 104.11% | 58.60% |
Cash | 2.02% | 0.00% | 99.01% | 43.67% |
Preferred Stocks | 0.00% | 0.00% | 2.62% | 49.10% |
Other | 0.00% | -1.78% | 40.01% | 60.63% |
Convertible Bonds | 0.00% | 0.00% | 2.63% | 46.10% |
Bonds | 0.00% | 0.00% | 73.18% | 47.51% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FVRMX % Rank | |
---|---|---|---|---|
Financial Services | 29.43% | 0.00% | 35.71% | 9.95% |
Industrials | 23.50% | 0.65% | 48.61% | 10.65% |
Consumer Cyclical | 11.09% | 0.00% | 51.62% | 53.47% |
Healthcare | 9.61% | 0.00% | 25.76% | 12.50% |
Technology | 8.75% | 0.00% | 34.03% | 52.31% |
Real Estate | 6.21% | 0.00% | 44.41% | 62.73% |
Basic Materials | 3.88% | 0.00% | 67.30% | 75.93% |
Utilities | 3.64% | 0.00% | 13.86% | 33.10% |
Consumer Defense | 1.84% | 0.00% | 13.22% | 84.26% |
Energy | 1.44% | 0.00% | 29.42% | 96.99% |
Communication Services | 0.61% | 0.00% | 24.90% | 86.34% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FVRMX % Rank | |
---|---|---|---|---|
US | 96.41% | 0.96% | 104.11% | 66.74% |
Non US | 1.60% | 0.00% | 67.90% | 19.91% |
FVRMX - Expenses
Operational Fees
FVRMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.99% | 0.05% | 37.04% | 68.55% |
Management Fee | 0.75% | 0.00% | 1.50% | 41.95% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.15% | 0.01% | 0.35% | 69.34% |
Sales Fees
FVRMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
FVRMX 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.
FVRMX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 31.98% | 7.00% | 252.00% | 19.27% |
FVRMX - Distributions
Dividend Yield Analysis
FVRMX | Category Low | Category High | FVRMX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.90% | 0.00% | 14.36% | 19.46% |
Dividend Distribution Analysis
FVRMX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
FVRMX | Category Low | Category High | FVRMX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.60% | -1.43% | 4.13% | 36.81% |
Capital Gain Distribution Analysis
FVRMX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 20, 2023 | $1.523 | OrdinaryDividend |
Dec 20, 2022 | $0.156 | OrdinaryDividend |
Dec 15, 2022 | $1.536 | OrdinaryDividend |
Dec 19, 2017 | $0.091 | OrdinaryDividend |
Dec 19, 2016 | $0.191 | OrdinaryDividend |
Dec 18, 2013 | $0.119 | OrdinaryDividend |
Dec 19, 2012 | $0.601 | OrdinaryDividend |
Dec 17, 2009 | $0.206 | OrdinaryDividend |
Dec 19, 2006 | $0.668 | OrdinaryDividend |