Franklin MicroCap Value Fund

Average Annual Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/12/1995
Fund without Sales Charge (%) (NAV) -12.23 -2.33 2.16 7.04 9.54
Fund with Sales Charge (%) (POP) -17.05 -4.16 1.02 6.44 9.28
Russell 2000 Value Index (%) -9.29 -0.83 3.61 8.66 8.82
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/12/1995
Fund without Sales Charge (%) (NAV) 18.16 1.71 4.67 9.20 10.33
Fund with Sales Charge (%) (POP) 11.65 -0.19 3.49 8.58 10.07
Russell 2000 Value Index (%) 22.39 4.77 6.99 10.57 9.60

After-Tax Average Annual Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -15.48 -4.57 -0.24 5.04
Fund without Sales Charge (%) (NAV) After Shares Sold -4.24 -1.43 1.84 5.81
Fund with Sales Charge (%) (POP) Before Shares Sold -20.12 -6.36 -1.36 4.45
Fund with Sales Charge (%) (POP) After Shares Sold -7.25 -2.81 0.95 5.29
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 13.79 -0.63 2.21 7.15
Fund without Sales Charge (%) (NAV) After Shares Sold 13.82 1.26 3.46 7.38
Fund with Sales Charge (%) (POP) Before Shares Sold 7.52 -2.49 1.06 6.55
Fund with Sales Charge (%) (POP) After Shares Sold 9.80 -0.19 2.53 6.85

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 18.16 -17.73 8.22 28.86 -7.33 -3.77 35.67 20.54 -0.14 22.07
Fund with Sales Charge (%) (POP) 11.65 -22.26 2.01 21.45 -12.67 -9.30 27.86 13.60 -5.89 15.05
Russell 2000 Value Index (%) 22.39 -12.86 7.84 31.74 -7.47 4.22 34.52 18.05 -5.50 24.50

Cumulative Total Returns [further-information] As of 02/29/2020

Month EndAs of 02/29/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/12/1995
Fund without Sales Charge (%) (NAV) -12.29 -14.71 -12.23 -6.82 11.30 97.54 807.95
Fund with Sales Charge (%) (POP) -17.10 -19.39 -17.05 -11.96 5.18 86.66 758.17
Russell 2000 Value Index (%) -11.60 -14.59 -9.29 -2.47 19.40 129.57 673.83
Quarter EndAs of 12/31/2019 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/12/1995
Fund without Sales Charge (%) (NAV) 7.50 18.16 18.16 5.21 25.63 141.03 964.49
Fund with Sales Charge (%) (POP) 1.58 11.65 11.65 -0.58 18.71 127.80 906.13
Russell 2000 Value Index (%) 8.49 22.39 22.39 15.01 40.20 172.99 805.98

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 02/29/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 16.84 16.18 15.72
Standard Deviation (Russell 2000 Value Index) 17.00 16.38 17.08
Beta 0.93 0.92 0.86
Sharpe Ratio -0.24 0.07 0.41
Information Ratio -0.26 -0.24 -0.26
Tracking Error 5.78 6.11 6.26

ADDITIONAL RISK STATISTICSAs of 02/29/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.04 1.01 0.91
Beta Bear 0.76 0.76 0.78
Bull Bear Capture Ratio 0.91 0.91 0.92
% of Positive Months 47.22 50.00 56.67
Gains/Losses 0.96 1.17 1.46
Maximum Drawdown
20.33 20.33 20.33

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

Gross Expense Ratio 1.23%
Net Expense Ratio [further-information] 1.22%
Max Initial Sales Charge 5.50%
CDSC 1.00%

Volatility Measures [further-information] As of 02/29/2020 Updated Monthly, based on a 3-year period

Beta 0.93
Sharpe Ratio -0.24
Standard Deviation 16.84

Benchmarks

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

  • Russell 2000 Value Index