FMFVX Performance — Franklin Mutual Financial Services Fund, Class R6
Data updated: 2024-05-23
FMFVX returned +34.12% over one year to Mar 2024. The annualised 3-year return is +8.76%. Against its Global Financials Equity category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $129, against $120 for the category, and to $134 over one year, against $135. Volatility over the past three years was 20.22% a year. In the 12 months to Mar 2024 the fund lost a net $50.2M, and assets reached $374.88M.
FMFVX Growth of $100
What $100 invested in Franklin Mutual Financial Services Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Financials Equity category average over the same months.
| Period | FMFVX | Category average |
|---|---|---|
| 1 year (Apr 2023 – Mar 2024) | $134 | $135 |
| 3 years (Apr 2021 – Mar 2024) | $129 | $120 |
| Since data start (Jul 2019 – Mar 2024) | $149 | $147 |
FMFVX Trailing Returns
Total returns to Mar 2024, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +34.12% |
| 3 years (annualised) | +8.76% |
FMFVX Annual Returns
Calendar-year total returns of Franklin Mutual Financial Services Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2024 (Jan–Mar) | +11.58% |
| 2023 | +12.45% |
| 2022 | −4.66% |
| 2021 | +24.09% |
| 2020 | −6.57% |
| 2019 (Jul–Dec) | +7.63% |
FMFVX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | +1.1% | +1.8% | +8.4% | — | — | — | — | — | — | — | — | — |
| 2023 | +9.6% | −1.0% | −13.8% | +3.6% | −5.6% | +6.1% | +5.8% | −2.8% | −3.1% | −1.6% | +10.7% | +6.7% |
| 2022 | +4.5% | −4.5% | −1.9% | −6.2% | +4.9% | −9.5% | +2.3% | −1.0% | −6.1% | +11.7% | +6.2% | −3.1% |
| 2021 | −2.9% | +13.1% | +5.0% | +3.5% | +3.8% | −5.1% | −0.8% | +4.5% | +0.5% | +2.8% | −5.9% | +4.7% |
| 2020 | −3.9% | −9.1% | −28.1% | +6.5% | +3.4% | +4.5% | −0.1% | +6.3% | −4.7% | −1.2% | +23.7% | +4.4% |
| 2019 | — | — | — | — | — | — | +0.2% | −5.7% | +6.2% | +0.1% | +4.7% | +2.4% |
FMFVX Risk
Risk measures from monthly returns over Apr 2021 – Mar 2024.
- 3-year volatility (annualised): 20.22%
- 3-year Sharpe ratio: 0.21 (vs 4.5% risk-free rate)
- Best month: +11.70% (Oct 2022)
- Worst month: −13.78% (Mar 2023)
FMFVX Fund Flows
Monthly money in and out of Franklin Mutual Financial Services Fund, from SEC Form N-PORT.
- 12-month net flow: −$50.2M
- 12-month gross sales (incl. reinvestments): $39.0M
- Sales ÷ redemptions: 0.44×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Mar 2024 | $1.5M | $9.9M | −$8.4M |
| Feb 2024 | $1.6M | $8.3M | −$6.7M |
| Jan 2024 | $2.2M | $6.2M | −$3.9M |
| Dec 2023 | $10.6M | $6.8M | $3.8M |
| Nov 2023 | $1.7M | $5.5M | −$3.8M |
| Oct 2023 | $2.4M | $5.9M | −$3.6M |
| Sep 2023 | $1.5M | $7.8M | −$6.3M |
| Aug 2023 | $1.7M | $6.9M | −$5.2M |
| Jul 2023 | $2.8M | $5.9M | −$3.1M |
| Jun 2023 | $2.3M | $6.3M | −$4.1M |
| May 2023 | $6.7M | $11.5M | −$4.9M |
| Apr 2023 | $3.9M | $8.0M | −$4.1M |
FMFVX Assets Under Management
Net assets of Franklin Mutual Financial Services Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2024-03-31 | $374.88M |
| 2023-12-31 | $354.69M |
| 2023-09-30 | $316.37M |
| 2023-06-30 | $331.79M |
| 2023-03-31 | $332.95M |
| 2022-12-31 | $365.81M |
| 2022-09-30 | $326.82M |
| 2022-06-30 | $353.45M |
| 2022-03-31 | $415.85M |
| 2021-12-31 | $416.08M |
| 2021-09-30 | $411.63M |
| 2021-06-30 | $405.53M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.