- ISIN
- US6283804044
- CUSIP
- 628380404
- Issuer
- Franklin Templeton
- Inception Date
- Dec 30, 1992
- Category
- Global Equities
- Min. Investment
- $100,000
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Value
Share Price Chart
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Performance
MDISX Performance Chart
Franklin Mutual Global Discovery Fund (MDISX) is up 7.5% since the beginning of the year. MDISX is currently trading at $35 per share. Investors who bought $1,000 worth of MDISX shares 5 years ago would now be looking at an investment worth $1,677.
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Returns By Period
Franklin Mutual Global Discovery Fund (MDISX) has returned 7.51% so far this year and 20.26% over the past 12 months. Over the last ten years, MDISX has returned 9.06% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.
Franklin Mutual Global Discovery Fund
- 1D
- 0.67%
- 1M
- 3.76%
- 6M
- 4.29%
- YTD
- 7.51%
- 1Y
- 20.26%
- 3Y*
- 14.14%
- 5Y*
- 10.89%
- 10Y*
- 9.06%
- ALL TIME*
- 10.47%
Benchmark (S&P 500 Index)
- 1D
- 0.70%
- 1M
- 0.09%
- 6M
- 7.94%
- YTD
- 9.41%
- 1Y
- 20.07%
- 3Y*
- 17.84%
- 5Y*
- 11.25%
- 10Y*
- 13.26%
- ALL TIME*
- 8.09%
MDISX Monthly Returns History
Based on dividend-adjusted daily data since Dec 31, 1992, MDISX's average daily return is +0.04%, while the average monthly return is +0.89%. At this rate, an investment would double in approximately 6.5 years.
Historically, 66% of months were positive and 34% were negative. The best month was Nov 2020 with a return of +15.8%, while the worst month was Mar 2020 at -19.9%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 5 months.
On a daily basis, MDISX closed higher 55% of trading days. The best single day was Dec 20, 2024 with a return of +11.9%, while the worst single day was Mar 16, 2020 at -12.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 3.09% | 2.81% | -7.97% | 3.64% | 0.62% | -0.52% | 6.25% | 7.51% | |||||
| 2025 | 4.91% | 3.49% | 0.00% | -2.15% | 3.61% | 3.45% | -2.05% | 4.90% | 1.49% | -0.54% | 1.95% | 2.77% | 23.75% |
| 2024 | -0.13% | 1.87% | 4.70% | -3.69% | 2.59% | -1.68% | 3.80% | 2.13% | 0.33% | -3.46% | 3.17% | -2.95% | 6.38% |
| 2023 | 7.66% | -0.89% | -1.14% | 3.38% | -4.22% | 6.34% | 3.25% | -2.12% | -1.90% | -2.91% | 8.14% | 4.21% | 20.48% |
| 2022 | 2.09% | -2.39% | -0.92% | -3.18% | 4.64% | -9.50% | 3.08% | -3.12% | -8.23% | 10.54% | 7.09% | -2.99% | -4.73% |
| 2021 | -0.14% | 4.94% | 5.11% | 2.78% | 3.41% | -0.89% | -0.12% | 1.05% | -1.60% | 3.45% | -4.88% | 5.48% | 19.60% |
Benchmark Metrics
Franklin Mutual Global Discovery Fund has an annualized alpha of 5.61%, beta of 0.53, and R2 of 0.57 versus S&P 500 Index. Calculated based on daily prices since December 31, 1992.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (75.74%) than losses (63.85%) - typical of diversified or defensive assets.
- This fund generated an annualized alpha of 5.61% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.53 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 5.61%
- Beta
- 0.53
- R²
- 0.57
- Upside Capture
- 75.74%
- Downside Capture
- 63.85%
Expense Ratio
MDISX has a high expense ratio of 0.95%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
MDISX ranks 48 for risk / return — above 48% of mutual funds peers on PortfoliosLab. Its historical combined result is near the middle of the peer group.
Risk / Return Metrics
The table below present risk-adjusted performance metrics for Franklin Mutual Global Discovery Fund (MDISX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| MDISX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.09 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.28 | 1.25 | +0.02 |
| Calmar ratioReturn relative to maximum drawdown | 1.78 | 2.00 | -0.22 |
| Martin ratioReturn relative to average drawdown | 5.21 | 8.49 | -3.28 |
Dividends
Dividend History
Franklin Mutual Global Discovery Fund provided a 9.82% dividend yield over the last twelve months, with an annual payout of $3.39 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $3.39 | $3.39 | $3.69 | $2.18 | $2.80 | $2.76 | $1.01 | $2.25 | $2.01 | $0.96 | $1.29 | $2.28 |
Dividend yield | 9.82% | 10.55% | 12.84% | 7.12% | 10.29% | 8.75% | 3.50% | 7.21% | 7.50% | 2.97% | 4.13% | 7.77% |
Monthly Dividends
The table displays the monthly dividend distributions for Franklin Mutual Global 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.64 | $0.00 | $2.75 | $3.39 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.00 | $3.44 | $3.69 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 | $0.00 | $2.13 | $2.18 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.93 | $0.00 | $1.86 | $2.80 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.00 | $2.50 | $2.76 |
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.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Franklin Mutual Global 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 Mutual Global Discovery Fund was 40.15%, occurring on Mar 23, 2020. Recovery took 233 trading sessions.
Drawdown | Fall | Recovery | Underwater | Related event |
|---|---|---|---|---|
-40.15%Mar 2020 | 2mo 2d | 11mo 8d | 1y 1moJan 2020 - Feb 2021 | COVID crash2020 |
-33.51%Mar 2009 | 1y 7mo | 1y 11mo | 3y 7moJul 2007 - Feb 2011 | Financial crisis2007–2009 |
-29.32%Oct 1998 | 4mo 19d | 1y 1mo | 1y 6moMay 1998 - Nov 1999 | — |
-22.37%Feb 2016 | 8mo 25d | 10mo 6d | 1y 6moMay 2015 - Dec 2016 | — |
-22.24%Mar 2003 | 10mo 1d | 7mo 2d | 1y 4moMay 2002 - Oct 2003 | — |
Drawdown Indicators
| MDISX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -40.15% | -56.78% | +16.63% |
Max Drawdown (1Y)Largest decline over 1 year | -10.09% | -9.10% | -0.99% |
Max Drawdown (3Y)Largest decline over 3 years | -12.93% | -18.90% | +5.97% |
Max Drawdown (5Y)Largest decline over 5 years | -21.57% | -25.43% | +3.86% |
Max Drawdown (10Y)Largest decline over 10 years | -40.15% | -33.92% | -6.23% |
Current DrawdownCurrent decline from peak | 0.00% | -1.58% | +1.58% |
Average DrawdownAverage peak-to-trough decline | -5.26% | -10.70% | +5.44% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.45% | 2.14% | +1.31% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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