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SBIEX

ClearBridge International Value Fund

As of 11/03/2025

NAV 1

$13.59

$0.04 (0.30%)
 

POP 2

$14.38

 
 

YTD Total Return At NAV 3

32.70%

 

See the risks and other important information.

Overview

ClearBridge Investments logo
  • Fund Description
  • Meet Your Manager

Fund Description

  • Employs an active approach to invest in multi-cap, non-U.S. companies

  • Seeks geographical diversification by region and country in both developed and emerging markets

  • Emphasizes attractive companies as measured by valuation; quality of financial condition; product development and marketing; competitiveness; and other factors

Meet Your Manager

ClearBridge Investments

ClearBridge Investments is a well-established global investment manager focusing on proprietary research and fundamental investing. With over 60 years of experience building portfolios for clients seeking income solutions, high active share or low-volatility, long-tenured portfolio managers provide strong leadership in a centralized investment structure.

Fund Information
Asset Class 
Equity
Share Class Inception Date 
02/18/1986
Fund Inception Date 
02/18/1986
Benchmark4, 5 
MSCI EAFE Index-NR
Investment Style 
Value
Morningstar Category 
Foreign Large Value
Lipper Classification 
International Multi-Cap Value
Dividend Frequency, if any 
Annually
Total Net Assets  As of 09/30/2025 (Updated Monthly)
$182.66 Million
Portfolio Turnover 
25%
Sales Charges, Expenses & Fees
As of 03/01/2025
Gross Expense Ratio6 
1.47%
Net Expense Ratio6, 7 
1.29%
Maximum Initial Charge 
5.50%
CDSC8 
1.00%
Identifiers
Fund Number 
7320
Ticker 
SBIEX
CUSIP Code 
52469X607

Portfolio Managers

Sean Bogda, CFA®

Pennsylvania, United States

Managed Fund Since 2006

Grace Su

California, United States

Managed Fund Since 2017

Jean Yu, CFA®

Maryland, United States

Managed Fund Since 2022

Performance

  • Average Annual Total Returns
  • Calendar Year Returns
  • Cumulative Total Returns
  • Risk Measures

Average Annual Total Returns

Average Annual Total Returns

As of 09/30/2025

Chart

Bar chart with 3 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 5.45 to 21.95.
End of interactive chart.

Month End   As of 09/30/2025
Class A - With Sales Charge (POP) (%)
1 Year  
11.85
3 Years  
19.66
5 Years  
12.93
10 Years  
5.59
Since Inception   02/18/1986
5.45
Month End   As of 09/30/2025
Class A - Without Sales Charge (NAV) (%)
1 Year  
18.36
3 Years  
21.95
5 Years  
14.28
10 Years  
6.21
Since Inception   02/18/1986
5.61
Month End   As of 09/30/2025
MSCI EAFE Index-NR (%) 4, 5
1 Year  
14.99
3 Years  
21.70
5 Years  
11.15
10 Years  
8.17
Since Inception   02/18/1986
—

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized. 

See the risks and other important information.


Calendar Year Returns

Calendar Year Returns

As of 09/30/2025

Chart

Bar chart with 3 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -26.97 to 25.03.
End of interactive chart.

Month End   As of 09/30/2025
Class A - With Sales Charge (POP) (%)
YTD  
23.15
2024  
-3.32
2023  
6.53
2022  
-14.89
2021  
8.94
2020  
-5.21
2019  
7.19
2018  
-26.97
2017  
16.18
2016  
-2.62
2015  
-9.19
Performance Inception Date  
02/18/1986
Month End   As of 09/30/2025
Class A - Without Sales Charge (NAV) (%)
YTD  
30.36
2024  
2.26
2023  
12.73
2022  
-9.72
2021  
15.54
2020  
0.60
2019  
13.72
2018  
-22.52
2017  
23.24
2016  
3.30
2015  
-3.68
Performance Inception Date  
02/18/1986
Month End   As of 09/30/2025
MSCI EAFE Index-NR (%) 4, 5
YTD  
25.14
2024  
3.82
2023  
18.24
2022  
-14.45
2021  
11.26
2020  
7.82
2019  
22.01
2018  
-13.79
2017  
25.03
2016  
1.00
2015  
-0.81
Performance Inception Date  
—

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized. 

See the risks and other important information.


Cumulative Total Returns

Cumulative Total Returns

As of 09/30/2025

The hypothetical growth scenario of $10,000 does not reflect the deduction of brokerage commissions or taxes that investors may pay on distributions or the sale of shares. Had they been reflected hypothetical values would be lower.

Chart

Line chart with 2 lines.
The chart has 1 X axis displaying Time. Data ranges from 1986-02-01 00:00:00 to 2025-09-01 00:00:00.
The chart has 1 Y axis displaying values. Data ranges from 10000 to 156783.52.
End of interactive chart.

Month End   As of 09/30/2025
Class A - With Sales Charge (POP) (%)
YTD  
23.15
1 Year  
11.85
3 Years  
71.34
5 Years  
83.71
10 Years  
72.23
15 Years  
112.20
Since Inception   02/18/1986
717.29
Month End   As of 09/30/2025
Class A - Without Sales Charge (NAV) (%)
YTD  
30.36
1 Year  
18.36
3 Years  
81.37
5 Years  
94.90
10 Years  
82.69
15 Years  
125.03
Since Inception   02/18/1986
767.56
Month End   As of 09/30/2025
MSCI EAFE Index-NR (%) 4, 5
YTD  
25.14
1 Year  
14.99
3 Years  
80.26
5 Years  
69.68
10 Years  
119.28
15 Years  
166.51
Since Inception   02/18/1986
—

Historical Cumulative Total Returns

Date Selected   As of 09/30/2025
Class A - With Sales Charge (POP) (%)
YTD  
23.15
1 Year  
11.85
3 Years  
71.34
5 Years  
83.71
10 Years  
72.23
15 Years  
112.20
Since Inception   02/18/1986
717.29
Date Selected   As of 09/30/2025
Class A - Without Sales Charge (NAV) (%)
YTD  
30.36
1 Year  
18.36
3 Years  
81.37
5 Years  
94.90
10 Years  
82.69
15 Years  
125.03
Since Inception   02/18/1986
767.56
Date Selected   As of 09/30/2025
MSCI EAFE Index-NR (%) 4, 5
YTD  
25.14
1 Year  
14.99
3 Years  
80.26
5 Years  
69.68
10 Years  
119.28
15 Years  
166.51
Since Inception   02/18/1986
—

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized. 

See the risks and other important information.

If the sales charge (if applicable) had been included, the return would have been lower. 


Risk Measures

Risk Measures

 As of 09/30/2025
Measured against: MSCI EAFE Index-NR
Statistics 3 Years 5 Years 10 Years
Alpha (%)-1.862.30 -2.41
Beta1.061.11 1.18
R-Squared0.890.88 0.89
Historical Tracking Error5.106.82 6.89
Information Ratio0.050.46 -0.28
Upside Capture Ratio102.68116.31 112.62
Downside Capture Ratio103.47103.47 119.65
Standard Deviation (%) 3 Years 5 Years 10 Years
Class A - Without Sales Charge (NAV)18.5318.86 18.77
Sharpe Ratio (%) 3 Years 5 Years 10 Years
Class A - Without Sales Charge (NAV)1.070.64 0.30

Performance data quoted represents past performance, which does not guarantee future results. Current performance may be lower or higher than the figures shown. Principal value and investment returns will fluctuate, and investors' shares, when redeemed, may be worth more or less than the original cost. Performance would have been lower if fees had not been waived in various periods. Total returns assume the reinvestment of all distributions and the deduction of all Fund expenses. Returns with sales charge reflect a deduction of the stated maximum sales charge. Returns without sales charge would have been lower had sales charges been reflected. An investor cannot invest directly in an index, and unmanaged index returns do not reflect any fees, expenses or sales charges. Returns for periods of less than one year are not annualized. 

See the risks and other important information.


Portfolio

Assets

As of 09/30/2025 Updated Monthly
Total Net Assets 
$182.66 Million

Positions

As of 09/30/2025 Updated Monthly
 FundBenchmark
Number of Holdings 69693

Portfolio Statistics

As of 09/30/2025 Updated Monthly
 FundBenchmark
Price to Book 2.95x3.51x
Price to Earnings (12-Month Trailing) 14.95x17.06x
Weighted Average Market Capitalization (USD) $98.40 Billion$98.60 Billion
Median Market Cap (USD) $56.06 Billion$71.63 Billion
Portfolio Turnover 25.00%—
Price to Earnings (12-Month Forward) 14.70x16.23x

Portfolio Allocations

  • Assets
  • Geography
  • Sector
  • Market Capitalization

Assets

Asset Allocation

As of 09/30/2025 % of Total Updated Monthly

Chart

Bar chart with 3 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 1.2748 to 97.28149.
End of interactive chart.
Fund
Equity 97.28%
Bond 1.27%
Cash 1.44%

Geography

Geographic Allocation

As of 09/30/2025 Equity as a % of Total Fund Updated Monthly

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 0.4276 to 65.7417.
End of interactive chart.
Fund Benchmark
63.85% 65.74%
26.02% 26.18%
3.96% —
3.02% —
0.43% 1.07%

Sector

Sector Allocation

As of 09/30/2025 Equity as a % of Total Updated Monthly

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 1.08144 to 25.2361.
End of interactive chart.
Fund Benchmark
Financials 25.24% 24.70%
Industrials 21.52% 19.35%
Consumer Discretionary 9.46% 10.23%
Information Technology 9.35% 8.33%
Materials 8.50% 5.63%
Health Care 6.98% 10.79%
Consumer Staples 5.64% 7.53%
Energy 3.89% 3.18%
Utilities 2.96% 3.44%
Communication Services 2.67% 4.93%
Real Estate 1.08% 1.89%

Market Capitalization

Market Capitalization Allocation

As of 09/30/2025 % of Equity Updated Monthly

Chart

Bar chart with 5 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 1.87909 to 53.21763.
End of interactive chart.
Fund
<3 Billion 1.88%
3-10 Billion 12.77%
10-25 Billion 14.50%
25-50 Billion 17.64%
>50 Billion 53.22%

Portfolio Holdings

  • Holdings
  • Top Ten Holdings

Holdings

Holdings

As of 09/30/2025 Updated Monthly
Security Name 
Siemens AG
Sector Name 
Industrials
Weight (%) 
3.34
Market Value ($) 
6,101,504
Quantity 
22,600
Security Name 
Airbus Group SE
Sector Name 
Industrials
Weight (%) 
3.09
Market Value ($) 
5,641,287
Quantity 
24,157
Security Name 
Fujitsu Ltd
Sector Name 
Information Technology
Weight (%) 
2.93
Market Value ($) 
5,350,846
Quantity 
228,100
Security Name 
Mitsubishi UFJ Financial Group
Sector Name 
Financials
Weight (%) 
2.88
Market Value ($) 
5,249,151
Quantity 
325,400
Security Name 
Samsung Electronics
Sector Name 
Information Technology
Weight (%) 
2.65
Market Value ($) 
4,834,095
Quantity 
80,635
Security Name 
Marubeni Corp.
Sector Name 
Industrials
Weight (%) 
2.59
Market Value ($) 
4,731,439
Quantity 
189,620
Security Name 
Lloyds Banking Group PLC
Sector Name 
Financials
Weight (%) 
2.57
Market Value ($) 
4,683,831
Quantity 
4,139,176
Security Name 
AXA SA
Sector Name 
Financials
Weight (%) 
2.48
Market Value ($) 
4,530,646
Quantity 
94,477
Security Name 
KBC Group NV
Sector Name 
Financials
Weight (%) 
2.31
Market Value ($) 
4,215,814
Quantity 
35,179
Security Name 
Shell PLC
Sector Name 
Energy
Weight (%) 
2.25
Market Value ($) 
4,101,001
Quantity 
115,064

Portfolio holdings are based on the total portfolio and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security.

Top Ten Holdings

Top Equity Issuers

As of 09/30/2025 Updated Monthly

Chart

Bar chart with 10 bars.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from 2.24239 to 3.33625.
End of interactive chart.
Fund
Siemens AG 3.34%
Airbus SE 3.08%
Fujitsu Ltd 2.93%
Mitsubishi UFJ Financial Group Inc 2.87%
Samsung Electronics Co Ltd 2.64%
Marubeni Corp 2.59%
Lloyds Banking Group PLC 2.56%
AXA SA 2.48%
KBC Group NV 2.31%
Shell PLC 2.24%

Portfolio holdings are based on the total portfolio and are subject to change at any time. Holdings are provided for informational purposes only and should not be construed as a recommendation to purchase or sell any security.

Distributions & Tax

  • Distributions
  • Tax Information

Distributions

Distribution Schedules

Dividend Frequency, if any  This fund is an ex-Dividend fund
Annually
Capital Gain Distributions 
December

Proposed 2025 distribution dates for some Franklin Templeton Specialist Investment Managers (excluding ETFs).

Final composition of the current year’s distribution—income, capital gains and/or return of capital—are based on US tax rules and will be determined by February of the following year. For tax characterization of a distribution, such as return of capital and tax-exempt income, click on the “Tax Information” tab above.

Distributions Per Share

Current Year Distributions Per Share
Distribution amounts may be estimates
Record Date  
12/10/2025
Ex-Dividend Date  
12/11/2025
Reinvestment Date  
12/11/2025
Payable Date  
12/11/2025
Reinvestment Price  
—
Long-Term Capital Gains  
$0.0000-$0.0000 Estimates
Short-Term Capital Gains  
$0.0000-$0.0000 Estimates
Income  
—
Total Distribution Per Share  
— Estimates
Record Date  
06/12/2025
Ex-Dividend Date  
06/13/2025
Reinvestment Date  
06/13/2025
Payable Date  
06/13/2025
Reinvestment Price  
$12.30
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.022581
Total Distribution Per Share  
$0.022581
Historical Distributions Per Share
Since Inception Year
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
  • 2010
  • 2009
  • 2008
  • 2007
  • 2006
  • 2005
  • 2004
  • 2003
  • 2000
  • 1999
  • Since Inception
Record Date  
12/11/2024
Ex-Dividend Date  
12/12/2024
Reinvestment Date  
12/12/2024
Payable Date  
12/12/2024
Reinvestment Price  
$10.57
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.196719
Total Distribution Per Share  
$0.196719
Record Date  
12/12/2023
Ex-Dividend Date  
12/13/2023
Reinvestment Date  
12/13/2023
Payable Date  
12/13/2023
Reinvestment Price  
$9.93
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.409885
Total Distribution Per Share  
$0.409885
Record Date  
12/12/2022
Ex-Dividend Date  
12/13/2022
Reinvestment Date  
12/13/2022
Payable Date  
12/13/2022
Reinvestment Price  
$9.54
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.66911
Total Distribution Per Share  
$0.66911
Record Date  
12/03/2021
Ex-Dividend Date  
12/06/2021
Reinvestment Date  
12/06/2021
Payable Date  
12/06/2021
Reinvestment Price  
$10.75
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.249279
Total Distribution Per Share  
$0.249279
Record Date  
12/04/2020
Ex-Dividend Date  
12/07/2020
Reinvestment Date  
12/07/2020
Payable Date  
12/07/2020
Reinvestment Price  
$9.70
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.097635
Total Distribution Per Share  
$0.097635
Record Date  
12/05/2019
Ex-Dividend Date  
12/06/2019
Reinvestment Date  
12/06/2019
Payable Date  
12/06/2019
Reinvestment Price  
$9.50
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.304103
Total Distribution Per Share  
$0.304103
Record Date  
12/06/2018
Ex-Dividend Date  
12/07/2018
Reinvestment Date  
12/07/2018
Payable Date  
12/07/2018
Reinvestment Price  
$9.33
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.132646
Total Distribution Per Share  
$0.132646
Record Date  
12/06/2017
Ex-Dividend Date  
12/07/2017
Reinvestment Date  
12/07/2017
Payable Date  
12/07/2017
Reinvestment Price  
$11.45
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.141952
Total Distribution Per Share  
$0.141952
Record Date  
12/07/2016
Ex-Dividend Date  
12/08/2016
Reinvestment Date  
12/08/2016
Payable Date  
12/08/2016
Reinvestment Price  
$9.84
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.146709
Total Distribution Per Share  
$0.146709
Record Date  
12/09/2015
Ex-Dividend Date  
12/10/2015
Reinvestment Date  
12/10/2015
Payable Date  
12/10/2015
Reinvestment Price  
$9.58
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.159684
Total Distribution Per Share  
$0.159684
Record Date  
12/10/2014
Ex-Dividend Date  
12/11/2014
Reinvestment Date  
12/11/2014
Payable Date  
12/11/2014
Reinvestment Price  
$10.19
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.088611
Total Distribution Per Share  
$0.088611
Record Date  
12/11/2013
Ex-Dividend Date  
12/12/2013
Reinvestment Date  
12/12/2013
Payable Date  
12/12/2013
Reinvestment Price  
$10.70
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.109794
Total Distribution Per Share  
$0.109794
Record Date  
12/12/2012
Ex-Dividend Date  
12/13/2012
Reinvestment Date  
12/13/2012
Payable Date  
12/13/2012
Reinvestment Price  
$8.99
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.146381
Total Distribution Per Share  
$0.146381
Record Date  
12/27/2011
Ex-Dividend Date  
12/28/2011
Reinvestment Date  
12/28/2011
Payable Date  
12/28/2011
Reinvestment Price  
$7.46
Long-Term Capital Gains  
$0.113115
Short-Term Capital Gains  
—
Income  
$0.113115
Total Distribution Per Share  
$0.22623
Record Date  
12/28/2010
Ex-Dividend Date  
12/29/2010
Reinvestment Date  
12/29/2010
Payable Date  
12/29/2010
Reinvestment Price  
$8.74
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.117489
Total Distribution Per Share  
$0.117489
Record Date  
12/28/2009
Ex-Dividend Date  
12/29/2009
Reinvestment Date  
12/29/2009
Payable Date  
12/29/2009
Reinvestment Price  
$8.03
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.097042
Total Distribution Per Share  
$0.097042
Record Date  
12/26/2008
Ex-Dividend Date  
12/29/2008
Reinvestment Date  
12/29/2008
Payable Date  
12/29/2008
Reinvestment Price  
$6.03
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.10131
Total Distribution Per Share  
$0.10131
Record Date  
12/26/2007
Ex-Dividend Date  
12/27/2007
Reinvestment Date  
12/27/2007
Payable Date  
12/27/2007
Reinvestment Price  
$10.98
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.134781
Total Distribution Per Share  
$0.134781
Record Date  
12/13/2007
Ex-Dividend Date  
12/13/2007
Reinvestment Date  
—
Payable Date  
12/13/2007
Reinvestment Price  
$11.09
Long-Term Capital Gains  
$4.17208
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$4.17208
Record Date  
12/26/2006
Ex-Dividend Date  
12/27/2006
Reinvestment Date  
12/27/2006
Payable Date  
12/27/2006
Reinvestment Price  
$14.51
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.196421
Total Distribution Per Share  
$0.196421
Record Date  
12/08/2006
Ex-Dividend Date  
12/08/2006
Reinvestment Date  
—
Payable Date  
12/08/2006
Reinvestment Price  
$14.30
Long-Term Capital Gains  
$1.08392
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$1.08392
Record Date  
12/27/2005
Ex-Dividend Date  
12/28/2005
Reinvestment Date  
12/28/2005
Payable Date  
12/28/2005
Reinvestment Price  
$12.76
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.179978
Total Distribution Per Share  
$0.179978
Record Date  
12/09/2005
Ex-Dividend Date  
12/09/2005
Reinvestment Date  
—
Payable Date  
12/09/2005
Reinvestment Price  
$12.70
Long-Term Capital Gains  
$2.25463
Short-Term Capital Gains  
$0.1106
Income  
—
Total Distribution Per Share  
$2.36523
Record Date  
12/14/2004
Ex-Dividend Date  
12/15/2004
Reinvestment Date  
12/15/2004
Payable Date  
12/17/2004
Reinvestment Price  
$13.33
Long-Term Capital Gains  
$0.917
Short-Term Capital Gains  
—
Income  
$0.0336
Total Distribution Per Share  
$0.9506
Record Date  
12/26/2003
Ex-Dividend Date  
12/29/2003
Reinvestment Date  
12/29/2003
Payable Date  
12/30/2003
Reinvestment Price  
$12.17
Long-Term Capital Gains  
—
Short-Term Capital Gains  
—
Income  
$0.0907
Total Distribution Per Share  
$0.0907
Record Date  
12/22/2000
Ex-Dividend Date  
12/22/2000
Reinvestment Date  
—
Payable Date  
12/22/2000
Reinvestment Price  
$17.43
Long-Term Capital Gains  
$4.4373
Short-Term Capital Gains  
—
Income  
—
Total Distribution Per Share  
$4.4373
Record Date  
12/15/1999
Ex-Dividend Date  
12/16/1999
Reinvestment Date  
12/16/1999
Payable Date  
12/17/1999
Reinvestment Price  
$29.88
Long-Term Capital Gains  
$1.8601
Short-Term Capital Gains  
—
Income  
$0.3776
Total Distribution Per Share  
$2.2377

Annually, a fund must distribute all realized capital gains net of realized losses, so the fund will not be subject to an entity level income tax. A fund’s capital gain distribution in a particular year may be a result of the disposition of holdings that appreciated in value during prior years. Thus, while the fund may gain or lose value over the course of a year, a capital gain distribution paid by the fund may not be indicative of current performance of the fund.

The distributable amount of net capital gains are paid on a per-share basis to all investors who hold shares of the fund on the record date of the distribution and are recognized by the shareholder for tax purposes as of the ex-date of the distribution, regardless of when the gains or losses arose in the fund. Net gains on holdings held long term by the fund would be distributed to shareholders as a long-term capital gain distribution no matter how long the shareholder has owned shares in the fund.

Refer to the fund’s annual report or statement of additional information for specific information regarding distributions.

Tax Information

Tax Information

Federal ID Number 133628257
For information on tax years prior to 2008, please contact us
These amounts represent distributions paid by the fund, foreign taxes passed through (if any), and other distribution characteristics for the calendar year selected. These amounts are reported to shareholders on Form 1099-DIV.
Distributions per Share ($)
2024 Year
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
Record Date  
Dec 11
Ordinary Dividends  
0.21952
Qualified Dividends  
0.21952
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
0.022801
Exempt Interest Dividends  
—
Interest on Tax Reclaim Refunds  
—
Record Date  
Ordinary Dividends  
0.21952
Qualified Dividends  
0.21952
Capital Gain Distributions  
—
Unrecaptured Section 1250 Gain  
—
Non-Taxable Return Of Capital  
—
Section 199a Dividends  
—
Foreign Tax Paid  
0.022801
Exempt Interest Dividends  
—
Interest on Tax Reclaim Refunds  
—
Supplemental Tax Information
Foreign Source Income 
100.00%
Foreign Source Qualified Dividends 
100.00%
Direct U.S. Government Obligations 
—
Specified Private Activity Bond Interest 
—
Dividends Received Deduction 
—
Section 163(j) 
—
Indiana Resident Taxable Income 
—
Utah Resident Taxable Income 
—

Franklin Templeton and its specialized investment managers and its employees are not in the business of providing tax or legal advice to taxpayers. These materials and any tax-related statements are not intended or written to be used, and cannot be used or relied upon, by any such taxpayer for the purpose of avoiding tax penalties or complying with any applicable tax laws or regulations. Tax-related statements, if any, may have been written in connection with the promotion or marketing of the transaction(s) or matter(s) addressed by these materials, to the extent allowed by applicable law. Each investor’s tax situation is different, and is based on an individual’s tax bracket, type of account used for investment and other factors. Any such taxpayer should seek advice based on the taxpayer's particular circumstances from an independent tax advisor.

Pricing

Pricing History Chart

As of 11/03/2025 Updated Daily
Since Inception Time Period
  • 1 Month
  • 3 Months
  • 6 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Since Inception

Chart

Line chart with 7802 data points.
The chart has 1 X axis displaying Time. Data ranges from 1986-02-18 00:00:01 to 2025-11-03 00:00:01.
The chart has 1 Y axis displaying values. Data ranges from 4.63 to 34.15.
End of interactive chart.

Daily Fund Prices

As of 11/03/2025

Share Prices

As of 11/03/2025
NAV1 (Net Asset Value)
$13.59
NAV Change1 
$0.04
NAV Change (%)1 
0.30%
POP2 (Public Offering Price)
$14.38

52-Week Range

Highest NAV 
$13.67
Lowest NAV 
$9.93
Historical Data - Daily Fund Prices
1 Month Time Period
  • 1 Month
  • 3 Months
  • 6 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Since Inception
NAV  As of 11/03/2025
$13.59 (USD)
POP  As of 11/03/2025
$14.38 (USD)
Highest NAV  As of 10/27/2025
$13.67 (USD)
Lowest NAV  As of 10/10/2025
$13.17 (USD)

Historical Pricing Results   From   10/03/2025   To   11/03/2025

Date 
11/03/2025
NAV  
$13.59
POP  
$14.38
NAV Change  
$0.04
NAV Change (%)  
0.30%
Date 
10/31/2025
NAV  
$13.55
POP  
$14.34
NAV Change  
$0.01
NAV Change (%)  
0.07%
Date 
10/30/2025
NAV  
$13.54
POP  
$14.33
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
10/29/2025
NAV  
$13.54
POP  
$14.33
NAV Change  
$-0.07
NAV Change (%)  
-0.51%
Date 
10/28/2025
NAV  
$13.61
POP  
$14.40
NAV Change  
$-0.06
NAV Change (%)  
-0.44%
Date 
10/27/2025
NAV  
$13.67
POP  
$14.47
NAV Change  
$0.11
NAV Change (%)  
0.81%
Date 
10/24/2025
NAV  
$13.56
POP  
$14.35
NAV Change  
$0.07
NAV Change (%)  
0.52%
Date 
10/23/2025
NAV  
$13.49
POP  
$14.28
NAV Change  
$0.06
NAV Change (%)  
0.45%
Date 
10/22/2025
NAV  
$13.43
POP  
$14.21
NAV Change  
$0.00
NAV Change (%)  
0.00%
Date 
10/21/2025
NAV  
$13.43
POP  
$14.21
NAV Change  
$-0.09
NAV Change (%)  
-0.67%
Date 
10/20/2025
NAV  
$13.52
POP  
$14.31
NAV Change  
$0.07
NAV Change (%)  
0.52%
Date 
10/17/2025
NAV  
$13.45
POP  
$14.23
NAV Change  
$-0.01
NAV Change (%)  
-0.07%
Date 
10/16/2025
NAV  
$13.46
POP  
$14.24
NAV Change  
$0.08
NAV Change (%)  
0.60%
Date 
10/15/2025
NAV  
$13.38
POP  
$14.16
NAV Change  
$0.05
NAV Change (%)  
0.38%
Date 
10/14/2025
NAV  
$13.33
POP  
$14.11
NAV Change  
$0.03
NAV Change (%)  
0.23%
Date 
10/13/2025
NAV  
$13.30
POP  
$14.07
NAV Change  
$0.13
NAV Change (%)  
0.99%
Date 
10/10/2025
NAV  
$13.17
POP  
$13.94
NAV Change  
$-0.31
NAV Change (%)  
-2.30%
Date 
10/09/2025
NAV  
$13.48
POP  
$14.26
NAV Change  
$-0.08
NAV Change (%)  
-0.59%
Date 
10/08/2025
NAV  
$13.56
POP  
$14.35
NAV Change  
$0.11
NAV Change (%)  
0.82%
Date 
10/07/2025
NAV  
$13.45
POP  
$14.23
NAV Change  
$-0.16
NAV Change (%)  
-1.18%
Date 
10/06/2025
NAV  
$13.61
POP  
$14.40
NAV Change  
$0.02
NAV Change (%)  
0.15%
Date 
10/03/2025
NAV  
$13.59
POP  
$14.38
NAV Change  
$0.11
NAV Change (%)  
0.82%

Documents

  • Fund Literature
  • Regulatory Documents

Fund Literature

PDF Format

Factsheet

Public
PDF Format

Product Commentary

Public

Regulatory Documents

PDF Format

Prospectus

Public
PDF Format

Summary Prospectus

Public
PDF Format

Annual Report

Public
PDF Format

Semi-Annual Report

Public
PDF Format

Statement Of Additional Information

Public
PDF Format

Fiscal Q1 Holdings

Public
PDF Format

Fiscal Q3 Holdings

Public
PDF Format

Annual Financial Statements And Other Information

Public
PDF Format

Semi-Annual Financial Statements And Other Information

Public

 

View Proxy Voting Records and Proxy Voting Policies

Risks

What Are the Risks?

All investments involve risks, including possible loss of principal. Equity securities are subject to price fluctuation and possible loss of principal. Small- and mid-cap stocks involve greater risks and volatility than large-cap stocks. The investment style may become out of favor, which may have a negative impact on performance. International investments are subject to special risks, including currency fluctuations and social, economic and political uncertainties, which could increase volatility. These risks are magnified in emerging markets. Fixed income securities involve interest rate, credit, inflation and reinvestment risks, and possible loss of principal. As interest rates rise, the value of fixed income securities falls. The manager may consider environmental, social and governance (ESG) criteria in the research or investment process; however, ESG considerations may not be a determinative factor in security selection. In addition, the manager may not assess every investment for ESG criteria, and not every ESG factor may be identified or evaluated. These and other risks are discussed in the fund’s prospectus.