Franklin Biotechnology Discovery Fund (FBDIX)
The investment seeks capital appreciation. Under normal market conditions, the fund invests at least 80% of its net assets in securities of biotechnology companies and discovery research firms. The fund predominantly invests in equity securities. In addition to its investments in biotechnology companies, the fund may also invest up to 20% of its net assets in equity or debt securities of any type of issuer. It is non-diversified.
Fund Info
| ISIN | US3547138442 |
|---|---|
| CUSIP | 354713844 |
| Issuer | Franklin Templeton Investments |
| Inception Date | Sep 14, 1997 |
| Category | Health & Biotech Equities |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
FBDIX has a high expense ratio of 1.06%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: FBDIX vs. FSHCX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Franklin Biotechnology Discovery Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Franklin Biotechnology Discovery Fund had a return of 6.69% year-to-date (YTD) and 20.59% in the last 12 months. Over the past 10 years, Franklin Biotechnology Discovery Fund had an annualized return of 6.88%, while the S&P 500 had an annualized return of 10.99%, indicating that Franklin Biotechnology Discovery Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.69% | 11.18% |
| 1 month | 3.87% | 5.60% |
| 6 months | 30.35% | 17.48% |
| 1 year | 20.59% | 26.33% |
| 5 years (annualized) | 7.09% | 13.16% |
| 10 years (annualized) | 6.88% | 10.99% |
Monthly Returns
The table below presents the monthly returns of FBDIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 4.83% | 8.01% | -1.55% | -6.54% | 6.69% | ||||||||
| 2023 | 5.35% | -4.76% | 0.52% | 3.95% | -3.44% | 1.43% | 2.78% | -0.93% | -3.48% | -5.71% | 4.18% | 19.44% | 18.40% |
| 2022 | -10.01% | -3.70% | 4.67% | -8.70% | -6.72% | 3.56% | 3.19% | 0.08% | -1.39% | 4.26% | 6.82% | -3.72% | -12.65% |
| 2021 | 0.32% | 1.00% | -6.70% | 0.92% | -5.67% | 5.99% | -5.34% | 5.07% | -4.88% | -1.52% | -7.87% | 0.84% | -17.45% |
| 2020 | -4.57% | 0.79% | -8.97% | 13.89% | 9.86% | 3.16% | 0.48% | 0.11% | 3.10% | -4.23% | 11.74% | 3.53% | 29.85% |
| 2019 | 14.11% | 4.94% | -0.31% | -4.96% | -2.65% | 12.17% | -4.18% | -5.16% | -5.66% | 11.29% | 10.36% | 3.49% | 34.99% |
| 2018 | 6.05% | -3.18% | -2.53% | -2.88% | 5.07% | 1.22% | 2.26% | 4.30% | -1.59% | -14.78% | 3.70% | -12.15% | -15.77% |
| 2017 | 5.64% | 7.94% | -1.07% | 0.65% | -7.01% | 9.03% | 2.78% | 5.18% | 1.08% | -7.79% | -1.05% | 3.53% | 18.83% |
| 2016 | -22.92% | -6.37% | 4.60% | 3.81% | 5.98% | -7.44% | 10.09% | -1.49% | 5.61% | -10.69% | 8.99% | -3.31% | -17.12% |
| 2015 | 5.51% | 5.52% | 2.76% | -5.47% | 10.01% | 0.55% | 2.06% | -10.20% | -12.45% | 5.96% | 4.29% | -0.32% | 5.73% |
| 2014 | 11.24% | 7.31% | -10.61% | -7.57% | 2.85% | 8.27% | -0.97% | 12.70% | -1.95% | 8.25% | 1.26% | 1.51% | 33.76% |
| 2013 | 8.74% | 2.09% | 7.53% | 6.71% | 3.17% | -1.00% | 15.81% | -1.72% | 9.81% | -6.00% | 6.75% | 3.39% | 68.70% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FBDIX is 29, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
FBDIX (Franklin Biotechnology Discovery Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Franklin Biotechnology Discovery Fund (FBDIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Franklin Biotechnology Discovery Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.14 | $17.68 | $24.84 | $14.16 | $4.55 | $3.60 | $5.93 | $13.78 | $6.67 | $8.79 |
Dividend yield | 0.00% | 0.00% | 0.13% | 14.37% | 14.50% | 9.39% | 3.72% | 2.39% | 4.57% | 8.42% | 3.96% | 6.71% |
Monthly Dividends
The table displays the monthly dividend distributions for Franklin Biotechnology Discovery Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 | $0.14 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $17.68 | $17.68 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $24.84 | $24.84 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $14.16 | $14.16 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.55 | $4.55 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.60 | $3.60 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $5.93 | $5.93 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $13.78 | $13.78 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.67 | $6.67 |
| 2013 | $8.79 | $8.79 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Franklin Biotechnology Discovery Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Franklin Biotechnology Discovery Fund was 71.44%, occurring on Jul 10, 2002. Recovery took 2562 trading sessions.
The current Franklin Biotechnology Discovery Fund drawdown is 18.51%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -71.44% | Mar 7, 2000 | 584 | Jul 10, 2002 | 2562 | Sep 17, 2012 | 3146 |
| -47.19% | Feb 9, 2021 | 339 | Jun 13, 2022 | — | — | — |
| -42.19% | Jul 20, 2015 | 141 | Feb 8, 2016 | 1076 | May 18, 2020 | 1217 |
| -35.19% | May 11, 1998 | 81 | Aug 31, 1998 | 226 | Jul 13, 1999 | 307 |
| -24.05% | Feb 26, 2014 | 35 | Apr 15, 2014 | 134 | Oct 24, 2014 | 169 |
Volatility
Volatility Chart
The current Franklin Biotechnology Discovery Fund volatility is 4.98%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.