Franklin MicroCap Value Fund

Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/12/1995
Fund without Sales Charge (%) (NAV) 18.40 1.94 4.93 9.46 10.49
Fund with Sales Charge (%) (POP) 18.40 1.94 4.93 9.46 10.49
Russell 2000 Value Index (%) 22.39 4.77 6.99 10.57 9.60
Quarter EndAs of 12/31/2019 1 Yr 3 Yr 5 Yr 10 Yr Since InceptionInception 12/12/1995
Fund without Sales Charge (%) (NAV) 18.40 1.94 4.93 9.46 10.49
Fund with Sales Charge (%) (POP) 18.40 1.94 4.93 9.46 10.49
Russell 2000 Value Index (%) 22.39 4.77 6.99 10.57 9.60

After-Tax Average Annual Total Returns [further-information] As of 12/31/2019

Month EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 14.00 -0.42 2.44 7.39
Fund without Sales Charge (%) (NAV) After Shares Sold 13.99 1.44 3.66 7.60
Fund with Sales Charge (%) (POP) Before Shares Sold 14.00 -0.42 2.44 7.39
Fund with Sales Charge (%) (POP) After Shares Sold 13.99 1.44 3.66 7.60
Quarter EndAs of 12/31/2019 1 YR 3 YR 5 YR 10 YR
Fund without Sales Charge (%) (NAV) Before Shares Sold 14.00 -0.42 2.44 7.39
Fund without Sales Charge (%) (NAV) After Shares Sold 13.99 1.44 3.66 7.60
Fund with Sales Charge (%) (POP) Before Shares Sold 14.00 -0.42 2.44 7.39
Fund with Sales Charge (%) (POP) After Shares Sold 13.99 1.44 3.66 7.60

Calendar Year Returns

2019 2018 2017 2016 2015 2014 2013 2012 2011 2010
Fund without Sales Charge (%) (NAV) 18.40 -17.52 8.48 29.22 -7.10 -3.55 35.99 20.83 0.10 22.41
Fund with Sales Charge (%) (POP) 18.40 -17.52 8.48 29.22 -7.10 -3.55 35.99 20.83 0.10 22.41
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 12/31/2019

Month 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) 7.54 18.40 18.40 5.94 27.18 146.96 1,001.35
Fund with Sales Charge (%) (POP) 7.54 18.40 18.40 5.94 27.18 146.96 1,001.35
Russell 2000 Value Index (%) 8.49 22.39 22.39 15.01 40.20 172.99 805.98
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) 7.54 18.40 18.40 5.94 27.18 146.96 1,001.35
Fund with Sales Charge (%) (POP) 7.54 18.40 18.40 5.94 27.18 146.96 1,001.35
Russell 2000 Value Index (%) 8.49 22.39 22.39 15.01 40.20 172.99 805.98

MODERN PORTFOLIO THEORY (MPT) STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Standard Deviation (Fund) 15.66 15.63 15.32
Standard Deviation (Russell 2000 Value Index) 15.68 15.74 16.71
Beta 0.92 0.92 0.85
Sharpe Ratio 0.02 0.25 0.58
Information Ratio -0.47 -0.33 -0.18
Tracking Error 6.07 6.17 6.27

ADDITIONAL RISK STATISTICSAs of 12/31/2019 (updated monthly)

3 YR 5 YR 10 YR
Beta Bull 1.07 1.00 0.92
Beta Bear 0.76 0.73 0.77
Bull Bear Capture Ratio 0.85 0.90 0.96
% of Positive Months 47.22 51.67 57.50
Gains/Losses 1.16 1.33 1.64
Maximum Drawdown
20.26 20.26 20.26

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

Gross Expense Ratio 0.93%
Net Expense Ratio [further-information] 0.92%
Max Initial Sales Charge 0.00%
CDSC

Volatility Measures [further-information] As of 12/31/2019 Updated Monthly, based on a 3-year period

Beta 0.92
Sharpe Ratio 0.02
Standard Deviation 15.66

Benchmarks

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

  • Russell 2000 Value Index