Franklin MicroCap Value Fund

Average Annual Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/12/1995
Fund without Sales Charge (%) (NAV) -21.00 -6.96 -1.18 4.54 9.11
Fund with Sales Charge (%) (POP) -21.00 -6.96 -1.18 4.54 9.11
Russell 2000 Value Index (%) -23.84 -6.06 0.30 5.30 8.01
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/12/1995
Fund without Sales Charge (%) (NAV) -27.32 -10.18 -3.34 3.86 8.65
Fund with Sales Charge (%) (POP) -27.32 -10.18 -3.34 3.86 8.65
Russell 2000 Value Index (%) -29.64 -9.51 -2.42 4.79 7.52

After-Tax Average Annual Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -23.94 -9.12 -3.52 2.55
Fund without Sales Charge (%) (NAV) After Shares Sold -8.99 -4.51 -0.38 3.96
Fund with Sales Charge (%) (POP) Before Shares Sold -23.94 -9.12 -3.52 2.55
Fund with Sales Charge (%) (POP) After Shares Sold -8.99 -4.51 -0.38 3.96
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -30.03 -12.27 -5.63 1.88
Fund without Sales Charge (%) (NAV) After Shares Sold -12.46 -6.58 -1.74 3.62
Fund with Sales Charge (%) (POP) Before Shares Sold -30.03 -12.27 -5.63 1.88
Fund with Sales Charge (%) (POP) After Shares Sold -12.46 -6.58 -1.74 3.62

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013
Fund without Sales Charge (%) (NAV) 18.52 -17.45 8.60 29.37 -6.94 -3.38 36.15
Fund with Sales Charge (%) (POP) 18.52 -17.45 8.60 29.37 -6.94 -3.38 36.15
Russell 2000 Value Index (%) 22.39 -12.86 7.84 31.74 -7.47 4.22 34.52

Cumulative Total Returns [further-information] As of 04/30/2020

Month EndAs of 04/30/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/12/1995
Fund without Sales Charge (%) (NAV) -21.07 -26.42 -21.00 -19.46 -5.74 55.93 737.14
Fund with Sales Charge (%) (POP) -21.07 -26.42 -21.00 -19.46 -5.74 55.93 737.14
Russell 2000 Value Index (%) -23.60 -27.72 -23.84 -17.09 1.53 67.61 554.81
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/12/1995
Fund without Sales Charge (%) (NAV) -34.06 -34.06 -27.32 -27.54 -15.60 45.99 650.21
Fund with Sales Charge (%) (POP) -34.06 -34.06 -27.32 -27.54 -15.60 45.99 650.21
Russell 2000 Value Index (%) -35.66 -35.66 -29.64 -25.91 -11.55 59.65 482.91

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 04/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 22.32 19.75 17.49
Standard Deviation (Russell 2000 Value Index) 23.27 20.50 18.97
Beta 0.93 0.92 0.87
Sharpe Ratio -0.39 -0.12 0.23
Information Ratio -0.15 -0.25 -0.12
Tracking Error 5.86 6.04 6.24

ADDITIONAL RISK STATISTICSAs of 04/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.01 1.00 0.92
Beta Bear 0.84 0.85 0.86
Bull Bear Capture Ratio 0.92 0.90 0.93
% of Positive Months 44.44 50.00 55.83
Gains/Losses 0.85 1.03 1.31
Maximum Drawdown
37.66 37.66 37.66

SALES CHARGE, EXPENSES & FEES As of 03/01/2020 (updated annually)

Gross Expense Ratio 0.90%
Net Expense Ratio [further-information] 0.88%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 04/30/2020 Updated Monthly, based on a 3-year period

Beta 0.93
Sharpe Ratio -0.39
Standard Deviation 22.32

Benchmarks

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

  • Russell 2000 Value Index