Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 12/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
12.6%
1 yr return
16.8%
3 Yr Avg Return
5.9%
5 Yr Avg Return
5.1%
Net Assets
$2.64 B
Holdings in Top 10
22.9%
Expense Ratio 1.30%
Front Load N/A
Deferred Load N/A
Turnover 52.07%
Redemption Fee N/A
Standard (Taxable)
$1,000
IRA
$250
Fund Type
Open End Mutual Fund
Name
As of 12/03/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Under normal market conditions, the Fund invests substantially to 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 (fundamental value). Following this value-oriented strategy, the Fund invests primarily in undervalued securities (securities trading at a discount to fundamental value). The equity securities in which the Fund invests are primarily common stock. To a lesser extent, the Fund also invests in merger arbitrage securities and the debt and equity of distressed companies.
The Fund is not limited to pre-set maximums or minimums governing the size of the companies in which it may invest. However, the Fund currently invests the equity portion of its portfolio primarily to predominantly in mid- and large cap companies, with the remaining portion of its equity portfolio in smaller companies. While the Fund does not concentrate in any one industry, from time to time, based on economic conditions, it may make significant investments in certain sectors.
The Fund regularly attempts to hedge (protect) against currency risks, largely using currency forward contracts and currency futures contracts (including currency index futures contracts) when, in the investment manager’s opinion, it would be advantageous to the Fund to do so. The Fund may also, from time to time, attempt to hedge against market risk using a variety of derivatives.
The Fund may invest substantially and potentially up to 100% of its assets in foreign securities and participations in foreign government debt. Although the investment manager will search for investments across a large number of countries and regions, from time to time, based on economic conditions, the Fund may have significant positions in particular countries or regions.
The Fund may, at times, maintain a large position in cash and cash equivalents (including money market funds).
Portfolio Selection
The investment manager employs a research driven, fundamental value strategy for the Fund. Investments are generally selected based on the investment manager's own analysis of the security's fundamental value, including for equity securities, an analysis of cash flow potential, long-term earnings, multiples of earnings, book value, and fundamental analysis, including environmental, social and governance (ESG) considerations. The investment manager examines each investment separately and there are no set criteria as to specific value parameters, asset size, earnings or industry type. The investment manager does not assess every investment for ESG factors and, when it does, not every ESG factor may be identified or evaluated. For example, the investment manager’s assessment of investments in special situations investments, notably merger arbitrage and distressed debt, generally does not include analysis of ESG factors.
Period | FMQSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 12.6% | -23.7% | 16.4% | 14.16% |
1 Yr | 16.8% | -8.9% | 48.3% | 21.46% |
3 Yr | 5.9%* | -2.2% | 16.4% | 89.53% |
5 Yr | 5.1%* | -0.7% | 13.4% | 91.36% |
10 Yr | N/A* | 0.9% | 11.8% | 50.42% |
* Annualized
Period | FMQSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 5.4% | -40.8% | 20.6% | 28.82% |
2022 | -10.4% | -21.0% | 24.5% | 91.57% |
2021 | 8.6% | -24.2% | 27.8% | 82.48% |
2020 | -5.4% | -23.1% | 11.7% | 94.53% |
2019 | 8.5% | -100.0% | 20.6% | 97.00% |
Period | FMQSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 12.6% | -23.7% | 16.4% | 14.16% |
1 Yr | 16.8% | -12.8% | 48.3% | 20.76% |
3 Yr | 5.9%* | -3.4% | 16.4% | 86.46% |
5 Yr | 5.1%* | -1.1% | 13.4% | 90.39% |
10 Yr | N/A* | 0.9% | 11.8% | 46.96% |
* Annualized
Period | FMQSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.0% | -40.8% | 20.6% | 28.82% |
2022 | -7.4% | -21.0% | 24.5% | 91.57% |
2021 | 11.0% | -24.2% | 27.8% | 85.05% |
2020 | -2.4% | -23.1% | 11.7% | 97.02% |
2019 | 11.9% | -2.9% | 23.1% | 91.01% |
FMQSX | Category Low | Category High | FMQSX % Rank | |
---|---|---|---|---|
Net Assets | 2.64 B | 1.12 M | 110 B | 19.44% |
Number of Holdings | 118 | 2 | 10961 | 65.34% |
Net Assets in Top 10 | 626 M | -31.7 M | 22 B | 23.17% |
Weighting of Top 10 | 22.87% | 10.8% | 100.0% | 60.75% |
Weighting | Return Low | Return High | FMQSX % Rank | |
---|---|---|---|---|
Stocks | 78.84% | -45.72% | 98.42% | 24.01% |
Bonds | 16.98% | -39.76% | 93.84% | 77.45% |
Cash | 4.38% | -97.12% | 185.58% | 35.91% |
Convertible Bonds | 0.75% | 0.00% | 25.49% | 27.14% |
Preferred Stocks | 0.00% | -0.03% | 14.00% | 36.95% |
Other | -0.10% | -1.25% | 197.12% | 19.62% |
Weighting | Return Low | Return High | FMQSX % Rank | |
---|---|---|---|---|
Financial Services | 30.48% | 0.00% | 30.34% | 1.70% |
Communication Services | 15.34% | 0.00% | 28.59% | 4.03% |
Healthcare | 14.94% | 0.00% | 30.30% | 4.67% |
Technology | 11.40% | 0.00% | 39.48% | 74.52% |
Consumer Defense | 10.14% | 0.00% | 31.85% | 13.38% |
Consumer Cyclical | 5.33% | 0.00% | 20.84% | 73.67% |
Industrials | 5.09% | 0.09% | 32.39% | 91.93% |
Energy | 3.13% | 0.00% | 38.61% | 71.55% |
Basic Materials | 2.67% | 0.00% | 60.23% | 91.51% |
Real Estate | 1.48% | 0.00% | 90.14% | 86.41% |
Utilities | 0.00% | 0.00% | 40.29% | 92.57% |
Weighting | Return Low | Return High | FMQSX % Rank | |
---|---|---|---|---|
US | 51.45% | -4.82% | 95.75% | 38.00% |
Non US | 27.39% | -46.69% | 57.06% | 18.58% |
Weighting | Return Low | Return High | FMQSX % Rank | |
---|---|---|---|---|
Corporate | 70.59% | 0.00% | 99.90% | 14.20% |
Cash & Equivalents | 4.38% | 0.10% | 100.00% | 25.47% |
Securitized | 0.30% | 0.00% | 83.28% | 69.73% |
Municipal | 0.00% | 0.00% | 31.28% | 52.19% |
Government | 0.00% | 0.00% | 98.64% | 92.28% |
Derivative | -0.10% | 0.00% | 41.88% | 62.84% |
Weighting | Return Low | Return High | FMQSX % Rank | |
---|---|---|---|---|
US | 16.98% | -177.12% | 87.76% | 55.74% |
Non US | 0.00% | -39.00% | 137.36% | 89.35% |
FMQSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.30% | 0.16% | 2.71% | 32.15% |
Management Fee | 0.68% | 0.00% | 1.70% | 49.04% |
12b-1 Fee | 0.50% | 0.00% | 1.00% | 58.17% |
Administrative Fee | N/A | 0.01% | 0.70% | N/A |
FMQSX 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 | 1.00% | 5.50% | N/A |
FMQSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | N/A |
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.
FMQSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 52.07% | 0.00% | 441.00% | 41.15% |
FMQSX | Category Low | Category High | FMQSX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.10% | 0.00% | 10.92% | 13.72% |
FMQSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | SemiAnnual | Annually | Monthly | Monthly |
FMQSX | Category Low | Category High | FMQSX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.72% | -5.20% | 6.33% | 19.61% |
FMQSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | None | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Oct 01, 2024 | $0.007 | OrdinaryDividend |
Dec 20, 2023 | $0.551 | OrdinaryDividend |
Oct 02, 2023 | $0.011 | OrdinaryDividend |
Dec 20, 2022 | $0.414 | OrdinaryDividend |
Oct 03, 2022 | $0.002 | OrdinaryDividend |
Dec 17, 2021 | $0.297 | OrdinaryDividend |
Oct 01, 2021 | $0.010 | OrdinaryDividend |
Dec 18, 2020 | $0.397 | OrdinaryDividend |
Oct 02, 2020 | $0.014 | OrdinaryDividend |
Dec 20, 2019 | $0.403 | OrdinaryDividend |
Oct 04, 2019 | $0.016 | OrdinaryDividend |
Dec 21, 2018 | $0.425 | OrdinaryDividend |
Dec 21, 2018 | $0.234 | CapitalGainShortTerm |
Dec 21, 2018 | $0.968 | CapitalGainLongTerm |
Dec 22, 2017 | $0.529 | OrdinaryDividend |
Sep 01, 2017 | $0.040 | OrdinaryDividend |
Sep 01, 2017 | $0.096 | CapitalGainShortTerm |
Sep 01, 2017 | $0.038 | CapitalGainLongTerm |
Dec 22, 2016 | $0.856 | OrdinaryDividend |
Dec 22, 2016 | $0.123 | CapitalGainShortTerm |
Dec 22, 2016 | $0.154 | CapitalGainLongTerm |
Sep 02, 2016 | $0.070 | OrdinaryDividend |
Dec 18, 2015 | $0.616 | OrdinaryDividend |
Sep 04, 2015 | $0.029 | CapitalGainShortTerm |
Sep 04, 2015 | $0.121 | CapitalGainLongTerm |
Dec 19, 2014 | $0.720 | OrdinaryDividend |
Dec 19, 2014 | $0.608 | CapitalGainShortTerm |
Dec 19, 2014 | $1.121 | CapitalGainLongTerm |
Sep 05, 2014 | $0.033 | OrdinaryDividend |
Sep 05, 2014 | $0.009 | CapitalGainLongTerm |
Dec 20, 2013 | $0.512 | OrdinaryDividend |
Dec 20, 2013 | $0.975 | CapitalGainShortTerm |
Dec 20, 2013 | $0.627 | CapitalGainLongTerm |
Sep 06, 2013 | $0.013 | OrdinaryDividend |
Sep 06, 2013 | $0.131 | CapitalGainShortTerm |
Sep 06, 2013 | $0.301 | CapitalGainLongTerm |
Dec 20, 2012 | $0.346 | OrdinaryDividend |
Dec 20, 2012 | $0.655 | CapitalGainShortTerm |
Dec 20, 2012 | $0.379 | CapitalGainLongTerm |
Sep 07, 2012 | $0.269 | CapitalGainLongTerm |
Dec 16, 2011 | $0.436 | OrdinaryDividend |
Dec 16, 2011 | $0.218 | CapitalGainLongTerm |
Sep 02, 2011 | $0.173 | CapitalGainShortTerm |
Sep 02, 2011 | $0.181 | CapitalGainLongTerm |
Dec 17, 2010 | $0.364 | OrdinaryDividend |
Dec 17, 2010 | $0.171 | CapitalGainShortTerm |
Dec 17, 2010 | $0.664 | CapitalGainLongTerm |
Sep 03, 2010 | $0.012 | OrdinaryDividend |
Dec 18, 2009 | $0.314 | OrdinaryDividend |
Sep 04, 2009 | $0.016 | CapitalGainLongTerm |
Start Date
Tenure
Tenure Rank
Dec 31, 2010
11.42
11.4%
KEITH LUH, CFA, has been a portfolio manager for Franklin Mutual since 2009. He has been an analyst for Franklin Mutual since 2005, when he joined Franklin Templeton Investments. Previously, he worked in the investment banking group at Volpe Brown Whelan and Co., LLC and the derivative products trading group at BNP.
Start Date
Tenure
Tenure Rank
Nov 02, 2020
1.58
1.6%
Mr. Dinnhaupt has been a portfolio manager for Franklin Mutual since January 2014 and assumed the duties of co-lead portfolio manager in December 2014. He joined Franklin Templeton Investments in 2011. Prior to joining Franklin Templeton Investments, he was a portfolio manager and senior analyst covering the global financial services sector for RBC Capital Markets. Previously, Dinnhaupt is a vice president and co-portfolio manager at Mitchell Hutchins Asset Management. He joined the firm in 1996 as an equity analyst. Previously, he worked at Summit Bank as a research analyst for the financial services, transportation and aerospace industries. Dinnhaupt earned his Chartered Financial Analyst designation in 1998.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.03 | 30.27 | 6.52 | 9.25 |
Dividend Investing Ideas Center
Have you ever wished for the safety of bonds, but the return potential...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...
Dividend Investing Ideas Center
If you are reaching retirement age, there is a good chance that you...