Franklin MicroCap Value Fund

Average Annual Total Returns [further-information] As of 11/30/2019

Month EndAs of 11/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/12/1995
Fund without Sales Charge (%) (NAV) 4.36 2.14 4.42 9.36 10.24
Fund with Sales Charge (%) (POP) -1.37 0.24 3.25 8.75 9.98
Russell 2000 Value Index (%) 3.96 4.99 6.83 10.99 9.47
Quarter EndAs of 09/30/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/12/1995
Fund without Sales Charge (%) (NAV) -9.55 3.41 3.51 8.42 10.11
Fund with Sales Charge (%) (POP) -14.53 1.48 2.35 7.81 9.85
Russell 2000 Value Index (%) -8.24 6.54 7.17 10.06 9.33

After-Tax Average Annual Total Returns [further-information] As of 11/30/2019

Month EndAs of 11/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 2.83 0.38 2.26 7.71
Fund without Sales Charge (%) (NAV) After Shares Sold 3.46 1.61 3.22 7.55
Fund with Sales Charge (%) (POP) Before Shares Sold -2.82 -1.49 1.11 7.10
Fund with Sales Charge (%) (POP) After Shares Sold 0.02 0.15 2.30 7.02
Quarter EndAs of 09/30/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -10.87 1.62 1.36 6.78
Fund without Sales Charge (%) (NAV) After Shares Sold -4.82 2.65 2.57 6.80
Fund with Sales Charge (%) (POP) Before Shares Sold -15.78 -0.28 0.22 6.18
Fund with Sales Charge (%) (POP) After Shares Sold -7.81 1.16 1.66 6.27

Calendar Year Returns

2018 2017 2016 2015 2014 2013 2012 2011 2010 2009
Fund without Sales Charge (%) (NAV) -17.73 8.22 28.86 -7.33 -3.77 35.67 20.54 -0.14 22.07 27.79
Fund with Sales Charge (%) (POP) -22.26 2.01 21.45 -12.67 -9.30 27.86 13.60 -5.89 15.05 20.43
Russell 2000 Value Index (%) -12.86 7.84 31.74 -7.47 4.22 34.52 18.05 -5.50 24.50 20.58

Cumulative Total Returns [further-information] As of 11/30/2019

Month EndAs of 11/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/12/1995
Fund without Sales Charge (%) (NAV) 11.96 14.91 4.36 6.56 24.16 144.77 935.19
Fund with Sales Charge (%) (POP) 5.79 8.57 -1.37 0.72 17.33 131.27 878.44
Russell 2000 Value Index (%) 10.20 18.25 3.96 15.71 39.16 183.74 775.34
Quarter EndAs of 09/30/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/12/1995
Fund without Sales Charge (%) (NAV) 1.84 9.91 -9.55 10.57 18.82 124.40 890.19
Fund with Sales Charge (%) (POP) -3.77 3.85 -14.53 4.50 12.29 112.07 835.91
Russell 2000 Value Index (%) -0.57 12.82 -8.24 20.93 41.37 160.75 735.08

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 11/30/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 15.78 15.61 15.35
Standard Deviation (Russell 2000 Value Index) 15.72 15.72 16.82
Beta 0.93 0.92 0.85
Sharpe Ratio 0.03 0.22 0.57
Information Ratio -0.47 -0.39 -0.26
Tracking Error 6.07 6.18 6.34

ADDITIONAL RISK STATISTICSAs of 11/30/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.08 1.00 0.90
Beta Bear 0.76 0.73 0.77
Bull Bear Capture Ratio 0.86 0.88 0.94
Gains/Losses 1.17 1.30 1.63

SALES CHARGE, EXPENSES & FEES As of 03/01/2019 (updated annually)

Gross Expense Ratio 1.18%
Net Expense Ratio [further-information] 1.17%
Max Initial Sales Charge 5.50%
CDSC 1.00%

Volatility Measures [further-information] As of 11/30/2019 Updated Monthly, based on a 3-year period

Beta 0.93
Sharpe Ratio 0.03
Standard Deviation 15.78

Benchmarks

A benchmark is a comparable broad-based index that can be used to evaluate a fund's performance.

  • Russell 2000 Value Index