Franklin MicroCap Value Fund (FRMCX)
The fund invests at least 80% of its net assets in investments of microcap companies. The fund managers consider microcap companies as companies with a total market capitalization of $1 billion or less, or a total market capitalization within the bottom 40% of the Russell 2000 Value Index. 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. It may invest up to 25% of its total assets in foreign securities.
Fund Info
US3551482066
355148206
Dec 12, 1995
$1,000
Small-Cap
Value
Expense Ratio
FRMCX has a high expense ratio of 1.23%, indicating above-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Franklin MicroCap Value 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 MicroCap Value Fund (FRMCX) returned -6.48% year-to-date (YTD) and 2.19% over the past 12 months. Over the past 10 years, FRMCX returned 6.55% annually, underperforming the S&P 500 benchmark at 10.43%.
FRMCX
-6.48%
14.41%
-12.61%
2.19%
15.60%
6.55%
^GSPC (Benchmark)
-3.70%
13.67%
-5.18%
9.18%
14.14%
10.43%
Monthly Returns
The table below presents the monthly returns of FRMCX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 3.24% | -2.50% | -6.48% | -4.49% | 4.02% | -6.48% | |||||||
| 2024 | -5.13% | 2.16% | 4.52% | -7.68% | 6.73% | -3.36% | 12.68% | -0.78% | 0.03% | -1.74% | 10.90% | -8.44% | 7.65% |
| 2023 | 7.51% | -1.96% | -6.09% | -5.16% | -2.60% | 8.87% | 7.28% | -2.14% | -4.02% | -3.52% | 5.90% | 9.02% | 11.72% |
| 2022 | -2.35% | 0.55% | -1.81% | -3.81% | 2.11% | -5.11% | 7.17% | -0.11% | -8.07% | 11.04% | 4.90% | -2.30% | 0.62% |
| 2021 | 5.65% | 11.68% | 4.29% | 1.90% | 2.89% | -1.39% | -1.04% | 2.26% | -3.72% | 2.36% | -3.13% | 3.13% | 26.75% |
| 2020 | -6.80% | -8.48% | -22.79% | 11.54% | 1.30% | 3.34% | -0.94% | 8.07% | -1.67% | 2.74% | 18.88% | 4.90% | 3.70% |
| 2019 | 9.42% | 4.95% | -6.44% | 2.63% | -7.57% | 5.91% | -1.38% | -3.58% | 7.10% | 1.70% | 2.80% | 2.83% | 18.16% |
| 2018 | -0.38% | -5.05% | 2.33% | -0.27% | 4.12% | -0.12% | -0.91% | 3.82% | -3.19% | -8.54% | -0.93% | -9.27% | -17.82% |
| 2017 | -1.30% | -2.43% | 0.31% | 0.37% | -4.60% | 5.08% | -1.22% | -1.48% | 9.59% | 3.88% | 1.89% | -1.22% | 8.39% |
| 2016 | -5.23% | 2.10% | 6.96% | 3.20% | -2.02% | 1.70% | 5.67% | 0.74% | 0.68% | -4.19% | 13.21% | 4.17% | 28.88% |
| 2015 | -5.97% | 2.39% | 3.72% | -0.14% | -0.71% | 0.57% | -4.23% | -0.36% | -6.10% | 4.84% | 2.86% | -3.64% | -7.29% |
| 2014 | -4.10% | 2.42% | 0.45% | -0.88% | 0.58% | 0.98% | -3.31% | 3.14% | -4.46% | 4.04% | -3.84% | 1.57% | -3.82% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FRMCX is 29, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Franklin MicroCap Value Fund (FRMCX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Franklin MicroCap Value Fund provided a 0.65% dividend yield over the last twelve months, with an annual payout of $0.15 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.15 | $0.15 | $0.18 | $0.09 | $0.09 | $0.11 | $0.06 | $0.00 | $0.00 | $0.11 |
Dividend yield | 0.65% | 0.60% | 0.65% | 0.32% | 0.30% | 0.42% | 0.23% | 0.00% | 0.00% | 0.32% |
Monthly Dividends
The table displays the monthly dividend distributions for Franklin MicroCap Value 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 | $0.15 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 | $0.18 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 | $0.09 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.11 | $0.11 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.06 |
| 2018 | $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 |
| 2017 | $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 |
| 2016 | $0.11 | $0.11 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Franklin MicroCap Value 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 MicroCap Value Fund was 56.77%, occurring on Mar 9, 2009. Recovery took 520 trading sessions.
The current Franklin MicroCap Value Fund drawdown is 14.96%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -56.77% | Jul 16, 2007 | 415 | Mar 9, 2009 | 520 | Mar 30, 2011 | 935 |
| -46.73% | Sep 4, 2018 | 387 | Mar 18, 2020 | 203 | Jan 6, 2021 | 590 |
| -35.07% | May 4, 1998 | 433 | Dec 29, 1999 | 499 | Dec 28, 2001 | 932 |
| -25.67% | Nov 26, 2024 | 90 | Apr 8, 2025 | — | — | — |
| -21.59% | Jul 22, 2011 | 51 | Oct 3, 2011 | 189 | Jul 5, 2012 | 240 |
Volatility
Volatility Chart
The current Franklin MicroCap Value Fund volatility is 11.62%, 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.