Franklin Mutual Beacon Fund
Data updated: 2026-08-27
C000082421 — Franklin Mutual Beacon Fund. Global (incl. US) Large Cap Value Equity · $3.43B AUM. Holdings, fees, performance and SEC filings.
C000082421 Fund Overview
Franklin Mutual Beacon Fund is a US mutual fund managed by Franklin Mutual Series Funds, categorised as Global (incl. US) Large Cap Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Franklin Mutual Series Funds
- Category: Global (incl. US) Large Cap Value Equity
- Assets under management: $3.43B
- 1-year return: 12.6%
- SEC CIK: 0000825063
- SEC series ID: S000007860
- Share class ID: C000082421
C000082421 Investment Objective and Strategy
Franklin Mutual Beacon Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Franklin Mutual Series Funds.
Investment objective
Capital appreciation, which may occasionally be short term. The secondary goal is income.
Principal investment strategy
Under normal market conditions, the Fund invests primarily to predominantly in equity securities (including securities convertible into, or that the investment manager expects to be exchanged for, common or preferred stock) of U.S. and foreign companies that the investment manager believes are available at market prices less than their value based on certain recognized or objective criteria (fundamental value). Following this value-oriented strategy, the Fund invests primarily to predominantly in undervalued securities (securities trading at a discount to fundamental value). The equity securities in which the Fund invests are primarily common stock. To a lesser extent, the Fund may also invest in merger arbitrage securities and the debt and equity of distressed companies. The Fund is not limited to pre-set maximums or minimums governing the size of the companies in which it may invest.
However, the Fund currently invests the equity portion of its portfolio primarily to predominantly in large- and mid-cap companies, with the remaining portion of its equity portfolio in smaller companies. While the Fund does not concentrate in any one industry, from time to time, based on economic conditions, it may make significant investments in certain sectors. The Fund may, from time to time, attempt to hedge (protect) against currency risks, largely using currency forward contracts and currency futures contracts (including currency index futures contracts) when, in the investment managers opinion, it would be advantageous to the Fund to do so. The Fund may also, from time to time, attempt to hedge against market risk using a variety of derivatives. The Fund may invest substantially and potentially up to 100% of its assets in foreign securities and participations in foreign government debt.
The Fund presently does not intend to invest more than a portion (no more than 25%) of its assets in securities of issuers located in emerging market countries. Although the investment manager will search for investments across a large number of countries and regions, from time to time, based on economic conditions, the Fund may have significant positions in particular countries or regions. Portfolio Selection The investment manager employs a research driven, fundamental value strategy for the Fund. Investments are generally selected based on the investment manager's own analysis of the security's fundamental value, including for equity securities, an analysis of cash flow potential, long-term earnings, multiples of earnings, book value, and fundamental analysis, including environmental, social and governance (ESG) considerations.
The investment manager examines each investment separately and there are no set criteria as to specific value parameters, asset size, earnings or industry type. The investment manager does not assess every investment for ESG factors and, when it does, not every ESG factor may be identified or evaluated. For example, the investment managers assessment of investments in special situations investments, notably merger arbitrage and distressed debt, generally does not include analysis of ESG factors.
C000082421 Holdings
Top 10 holdings of Franklin Mutual Beacon Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| DBS Group Holdings Ltd. | 5.03% |
| JPMorgan Chase & Co. | 4.99% |
| Microsoft Corp. | 4.66% |
| Progressive Corp. (The) | 4.29% |
| Hartford Insurance Group, Inc. (The) | 4.25% |
| Johnson Controls International plc | 4.24% |
| Haleon plc | 4.22% |
| Parker-Hannifin Corp. | 4.21% |
| Amazon.com, Inc. | 4.17% |
| Ferguson Enterprises, Inc. | 4.15% |
C000082421 Portfolio Allocation
Asset-class allocation of Franklin Mutual Beacon Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 99.0% |
| Cash & Equivalents | 0.9% |
C000082421 Performance
Total returns for C000082421 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 1.8% |
| 1 year | 12.6% |
| 3 years (annualised) | 13.5% |
| 5 years (annualised) | 6.7% |
C000082421 Risk Information
Risk metrics for C000082421, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.5%
C000082421 Costs and Fees
C000082421 costs about $126 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.26%
- Gross expense ratio: 1.26%
- Portfolio turnover: 47%
- Brokerage commissions: 4.02 bps of average net assets (SEC N-CEN)
C000082421 Cashflows
Over the 12 months to 2026-06, Franklin Mutual Beacon Fund had net outflows of $84.59M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$31.99M |
| 2026-05 | −$30.74M |
| 2026-04 | −$24.83M |
| 2026-03 | −$24.08M |
| 2026-02 | −$14.83M |
| 2026-01 | −$23.63M |
C000082421 Debt Constituents
No individual debt constituents are reported in Franklin Mutual Beacon Fund's latest SEC N-PORT filing.
C000082421 Prospectus and SEC Filings
Official Franklin Mutual Beacon Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-28
- Prospectus (485BPOS) — filed 2025-04-28
- Prospectus (485BPOS) — filed 2024-04-25
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-27
- Portfolio holdings (N-PORT) — filed 2026-02-25
- Annual census (N-CEN) — filed 2026-03-13
- Annual census (N-CEN) — filed 2025-03-13
Related Funds
Other Global (incl. US) Large Cap Value Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.