About MUTHX
Franklin Mutual Shares Fund Class Z is a value-oriented mutual fund primarily focused on capital appreciation, with income as a secondary objective. The fund invests mainly in undervalued mid- and large-cap equity securities, targeting companies that are trading below their intrinsic value based on fundamental criteria. While its core holdings are U.S. equities, the fund also includes foreign securities, and allocates to distressed securities and merger arbitrage opportunities to enhance diversification and return potential.
Franklin Mutual Shares Fund Class Z is managed with a flexible approach, enabling allocation to various sectors and regions as dictated by prevailing economic conditions. The fund's strategy includes risk management tools such as currency hedging using forward contracts and futures, particularly when holding foreign securities. Although it does not concentrate heavily in any one sector, its portfolio frequently features significant holdings in financial services, energy, healthcare, and real estate.
This fund holds a notable place within the aggressive allocation and multi-cap value fund categories, offering investors a blend of capital growth and selective income while aiming to deliver consistent performance across different market cycles.
Fund Family Franklin Templeton Investments
Category Allocation--85%+ Equity
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol MUTHX
Share Class Class Z
Index Russell 1000 Value TR
MUTHX had a total return of 17.08% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.57%.
