Franklin Global Dividend Fund
Data updated: 2024-05-23
C000123683 — Franklin Global Dividend Fund. Alternative · $20.49M AUM · 0.95% expense ratio · 13.4% 1-yr return. Holdings, fees, performance and SEC filings.
C000123683 Fund Overview
Franklin Global Dividend Fund is a US mutual fund managed by Legg Mason Partners Investment Trust, categorised as Alternative. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Legg Mason Partners Investment Trust
- Category: Alternative
- Assets under management: $20.49M
- 1-year return: 13.4%
- SEC CIK: 0000880366
- SEC series ID: S000039864
- Share class ID: C000123683
C000123683 Investment Objective and Strategy
Franklin Global Dividend Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Legg Mason Partners Investment Trust.
Investment objective
The fund seeks to provide long-term capital appreciation and income.
Principal investment strategy
Under normal circumstances, the fund invests at least 80% of its net assets, plus the amount of borrowings for investment purposes, if any, in equity and equity-related securities that provide investment income, dividend payments or other distributions or in other investments with similar economic characteristics. As a global fund, the fund can seek investment opportunities anywhere in the world, and under normal circumstances, the fund invests in at least three countries, which may include the United States. The fund can invest without limitation in foreign securities in any country, including countries with developed or emerging markets. The fund may invest in issuers of any market capitalization. Equity securities and equity-related securities may include exchange-traded and over-the-counter (OTC) common stocks, preferred stock, warrants and rights, securities convertible into common stocks, American Depositary Receipts and securities of other investment companies, real estate investment trusts (REITs) and master limited partnerships (MLPs).
The subadviser emphasizes investments in stocks expected to pay dividends and favors stocks that have shown more stable return characteristics as identified by its proprietary security risk assessment process. Dividend-paying stocks are identified by using a combination of historical dividend payments and future dividend estimates from third party analyst databases, as available. The subadviser pursues the funds investment objective by creating an equity portfolio of primarily dividend-paying stocks using quantitative investment models to assist with stock selection, portfolio construction and risk control. The subadviser attempts to keep the funds volatility lower than that of its benchmark, the MSCI All Country World Index. The subadviser seeks to manage volatility through the following methods: Analyzing the measurements of each stocks risk relative to the overall risk of the equity markets (beta) Looking for companies that offer a combination of attractive yields, high dividend growth, a record of increasing dividends and the cash flow to support dividend payments Both of these types of risk measures (statistical and fundamental) are used to assist the subadviser in constructing a portfolio of securities for the fund.
Additionally, elements of the subadvisers fundamentally-based stock-ranking model are used to identify securities that the subadviser believes will have superior risk-adjusted returns than the overall equity markets. The portfolio managers are part of a team approach to research to improve the quantitative models, which are based on fundamental stock characteristics, and thus the models are expected to evolve over time as changes are incorporated.
C000123683 Holdings
Top 1 holdings of Franklin Global Dividend Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Invesco Treasury Portfolio | 99.42% |
C000123683 Portfolio Allocation
Asset-class allocation of Franklin Global Dividend Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Cash & Equivalents | 99.4% |
C000123683 Performance
Total returns for C000123683 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 13.4% |
| 3 years (annualised) | 6.7% |
C000123683 Risk Information
Risk metrics for C000123683, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 10.5%
C000123683 Costs and Fees
C000123683 costs about $95 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.95%
- Gross expense ratio: 0.97%
- Portfolio turnover: 24%
- Brokerage commissions: 1.01 bps of average net assets (SEC N-CEN)
C000123683 Cashflows
Over the 12 months to 2024-03, Franklin Global Dividend Fund had net outflows of $118.07M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-03 | −$145.02M |
| 2024-02 | −$6.80M |
| 2024-01 | −$419.87K |
| 2023-12 | $5.55M |
| 2023-11 | $7.21M |
| 2023-10 | $4.87M |
C000123683 Debt Constituents
No individual debt constituents are reported in Franklin Global Dividend Fund's latest SEC N-PORT filing.
C000123683 Prospectus and SEC Filings
Official Franklin Global Dividend Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-01-26
- Prospectus (485BPOS) — filed 2023-01-24
- Prospectus (485BPOS) — filed 2022-01-24
- Portfolio holdings (N-PORT) — filed 2024-05-23
- Portfolio holdings (N-PORT) — filed 2024-02-23
- Portfolio holdings (N-PORT) — filed 2023-11-29
- Annual census (N-CEN) — filed 2023-12-06
- Annual census (N-CEN) — filed 2022-12-07
Related Funds
Other Alternative 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.