Franklin Mutual Financial Services 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 08/19/1997
Fund without Sales Charge (%) (NAV) -29.39 -9.85 -3.02 3.65 6.21
Fund with Sales Charge (%) (POP) -33.27 -11.54 -4.10 3.06 5.94
MSCI World Financials Sector Index (%) -20.44 -3.31 0.26 4.15
S&P Financials Index (%) -16.71 1.00 5.23 7.72 3.87
Quarter EndAs of 03/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 08/19/1997
Fund without Sales Charge (%) (NAV) -30.47 -11.32 -3.73 3.17 5.94
Fund with Sales Charge (%) (POP) -34.29 -12.97 -4.81 2.58 5.67
MSCI World Financials Sector Index (%) -20.51 -5.33 -0.61 3.35
S&P Financials Index (%) -17.15 -2.31 3.36 6.89 3.46

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 -29.67 -10.32 -3.43 3.22
Fund without Sales Charge (%) (NAV) After Shares Sold -17.03 -7.16 -2.14 2.94
Fund with Sales Charge (%) (POP) Before Shares Sold -33.54 -12.00 -4.51 2.64
Fund with Sales Charge (%) (POP) After Shares Sold -19.35 -8.37 -2.94 2.46
Quarter EndAs of 03/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -30.74 -11.78 -4.14 2.74
Fund without Sales Charge (%) (NAV) After Shares Sold -17.64 -8.18 -2.64 2.57
Fund with Sales Charge (%) (POP) Before Shares Sold -34.54 -13.43 -5.22 2.16
Fund with Sales Charge (%) (POP) After Shares Sold -19.92 -9.36 -3.44 2.10

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 19.06 -16.72 13.35 11.61 8.05 10.71 25.32 19.55 -9.49 12.45
Fund with Sales Charge (%) (POP) 12.49 -21.30 6.81 5.20 1.82 4.37 18.13 12.64 -14.72 5.96
MSCI World Financials Sector Index (%) 26.41 -16.46 23.41 13.18 -2.87 3.67 27.95 30.12 -18.07 5.07
S&P Financials Index (%) 32.13 -13.03 22.18 22.80 -1.53 15.20 35.63 28.82 -17.06 12.13

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 08/19/1997
Fund without Sales Charge (%) (NAV) -30.39 -33.13 -29.39 -26.73 -14.20 43.06 292.23
Fund with Sales Charge (%) (POP) -34.22 -36.81 -33.27 -30.77 -18.90 35.22 270.73
MSCI World Financials Sector Index (%) -24.77 -26.70 -20.44 -9.62 1.30 50.21
S&P Financials Index (%) -23.42 -25.40 -16.71 3.02 29.07 110.44 136.69
Quarter EndAs of 03/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 08/19/1997
Fund without Sales Charge (%) (NAV) -37.20 -37.20 -30.47 -30.25 -17.30 36.57 268.36
Fund with Sales Charge (%) (POP) -40.65 -40.65 -34.29 -34.09 -21.86 29.06 248.16
MSCI World Financials Sector Index (%) -31.71 -31.71 -20.51 -15.15 -3.03 39.05
S&P Financials Index (%) -31.92 -31.92 -17.15 -6.77 18.00 94.64 116.00

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

3 YR 5 YR 10 YR
Standard Deviation (Fund) 21.03 18.28 15.40
Standard Deviation (MSCI World Financials Sector Index) 20.35 18.50 18.35
Beta 1.00 0.95 0.78
Sharpe Ratio -0.55 -0.23 0.20
Information Ratio -1.25 -0.64 -0.07
Tracking Error 5.23 5.11 6.87

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

3 YR 5 YR 10 YR
Beta Bull 0.71 0.71 0.63
Beta Bear 1.19 1.16 1.01
Bull Bear Capture Ratio 0.71 0.81 0.90
% of Positive Months 52.78 56.67 60.83
Gains/Losses 0.72 0.95 1.29
Maximum Drawdown
40.06 40.06 40.06

SALES CHARGE, EXPENSES & FEES As of 05/01/2020 (updated annually)

Gross Expense Ratio 1.35%
Net Expense Ratio [further-information] 1.35%
Max Initial Sales Charge 5.50%
CDSC 1.00%

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

Beta 1.00
Sharpe Ratio -0.55
Standard Deviation 21.03

Benchmarks

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

  • MSCI World Financials Sector Index
  • S&P Financials Index