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
| ISIN | US3551482066 |
|---|---|
| CUSIP | 355148206 |
| Issuer | Franklin Templeton |
| Inception Date | Dec 12, 1995 |
| Category | Small Cap Value Equities |
| Min. Investment | $1,000 |
| Asset Class | Equity |
Asset Class Size | Small-Cap |
Asset Class Style | Value |
Expense Ratio
FRMCX has a high expense ratio of 1.23%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: FRMCX vs. SPY
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 had a return of -3.36% year-to-date (YTD) and 18.32% in the last 12 months. Over the past 10 years, Franklin MicroCap Value Fund had an annualized return of 5.95%, while the S&P 500 had an annualized return of 10.64%, indicating that Franklin MicroCap Value Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -3.36% | 7.50% |
| 1 month | -3.56% | -1.61% |
| 6 months | 6.61% | 17.65% |
| 1 year | 18.32% | 26.26% |
| 5 years (annualized) | 8.69% | 11.73% |
| 10 years (annualized) | 5.95% | 10.64% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -5.13% | 2.16% | 4.52% | -7.68% | ||||||||
| 2023 | -3.52% | 5.90% | 9.02% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of FRMCX is 41, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Franklin MicroCap Value Fund(FRMCX)
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 granted a 5.33% dividend yield in the last twelve months. The annual payout for that period amounted to $1.46 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $1.46 | $1.46 | $1.62 | $4.32 | $1.45 | $4.77 | $1.77 | $2.63 | $3.10 | $3.90 | $3.65 | $2.49 |
Dividend yield | 5.33% | 5.16% | 6.09% | 15.39% | 5.63% | 18.23% | 6.75% | 7.74% | 9.17% | 13.59% | 10.39% | 6.14% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $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 | $1.46 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.62 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.32 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.45 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $4.77 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.77 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.63 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.10 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.90 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.65 |
| 2013 | $2.49 |
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 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 5.17%.
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 |
| -21.59% | Jul 22, 2011 | 51 | Oct 3, 2011 | 189 | Jul 5, 2012 | 240 |
| -21.21% | Mar 11, 2014 | 486 | Feb 11, 2016 | 115 | Jul 27, 2016 | 601 |
Volatility
Volatility Chart
The current Franklin MicroCap Value Fund volatility is 4.90%, 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.