Franklin MicroCap Value Fund

Average Annual Total Returns [further-information] As of 05/31/2020

Month EndAs of 05/31/2020 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/12/1995
Fund without Sales Charge (%) (NAV) -13.43 -5.07 -0.78 5.45 9.13
Fund with Sales Charge (%) (POP) -13.43 -5.07 -0.78 5.45 9.13
Russell 2000 Value Index (%) -14.69 -4.16 0.71 6.53 8.11
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 05/31/2020

Month EndAs of 05/31/2020 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold -16.65 -7.28 -3.14 3.44
Fund without Sales Charge (%) (NAV) After Shares Sold -4.25 -3.14 -0.11 4.70
Fund with Sales Charge (%) (POP) Before Shares Sold -16.65 -7.28 -3.14 3.44
Fund with Sales Charge (%) (POP) After Shares Sold -4.25 -3.14 -0.11 4.70
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 05/31/2020

Month EndAs of 05/31/2020 3 Month YTD 1 Yr 3 Yr 5 Yr 10 Yr Since Inception since 12/12/1995
Fund without Sales Charge (%) (NAV) -12.65 -25.44 -13.43 -14.46 -3.84 70.00 748.27
Fund with Sales Charge (%) (POP) -12.65 -25.44 -13.43 -14.46 -3.84 70.00 748.27
Russell 2000 Value Index (%) -12.95 -25.65 -14.69 -11.97 3.59 88.34 573.60
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 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 22.09 19.81 17.13
Standard Deviation (Russell 2000 Value Index) 23.25 20.57 18.54
Beta 0.92 0.92 0.87
Sharpe Ratio -0.33 -0.07 0.36
Information Ratio -0.22 -0.25 -0.18
Tracking Error 5.79 6.04 6.24

ADDITIONAL RISK STATISTICSAs of 06/30/2020 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.01 1.00 0.92
Beta Bear 0.85 0.85 0.86
Bull Bear Capture Ratio 0.90 0.90 0.93
Gains/Losses 0.89 1.07 1.44

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 06/30/2020 Updated Monthly, based on a 3-year period

Beta 0.92
Sharpe Ratio -0.33
Standard Deviation 22.09

Benchmarks

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

  • Russell 2000 Value Index