Franklin Mutual Global Discovery Fund Class A (TEDIX)
Fund Assets | 9.29B |
Expense Ratio | 1.21% |
Min. Investment | $1,000 |
Turnover | 34.55% |
Dividend (ttm) | 3.22 |
Dividend Yield | 9.72% |
Dividend Growth | 53.28% |
Payout Frequency | n/a |
Ex-Dividend Date | Dec 20, 2024 |
Previous Close | 30.93 |
YTD Return | 11.38% |
1-Year Return | 9.49% |
5-Year Return | 91.87% |
52-Week Low | 26.62 |
52-Week High | 32.61 |
Beta (5Y) | n/a |
Holdings | 89 |
Inception Date | Nov 1, 1996 |
About TEDIX
The Franklin Mutual Global Discovery Fund Class A is an actively managed mutual fund focused on capital appreciation through investment in undervalued mid- and large-cap equity securities worldwide. The fund primarily targets companies that portfolio managers believe are trading below their intrinsic value based on fundamental analysis, with a notable emphasis on global diversification, allocating a majority of assets to foreign securities and maintaining exposure across both developed and emerging markets. It follows a value-oriented investment approach, seeking out stocks perceived as attractively priced relative to their underlying business fundamentals. The fund is broadly diversified, typically holding around 90-93 positions across sectors including energy, financial services, healthcare, industrials, and communication services. By investing globally and focusing on large-cap value stocks, the Franklin Mutual Global Discovery Fund Class A plays a role in providing investors with potential for long-term growth while offering exposure to international equity markets. The fund is managed by Franklin Templeton Investments and has been operating since 1992, with a moderate turnover rate and a minimum initial investment requirement, making it accessible to a wide range of investors.
Performance
TEDIX had a total return of 9.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.99%.
Top 10 Holdings
25.13% of assetsName | Symbol | Weight |
---|---|---|
Eur_usd_20250714 | n/a | 3.56% |
BNP Paribas SA | BNP | 2.89% |
Institutional Fiduciary Trust - Money Market Portfolio | INFXX | 2.82% |
Usd_eur_20250714 | n/a | 2.62% |
Charter Communications, Inc. | CHTR | 2.58% |
Prudential plc | PRU | 2.20% |
Roche Holding AG | ROG | 2.16% |
Fiserv, Inc. | FI | 2.13% |
Novartis AG ADR | NVSN.MX | 2.10% |
Airbus SE | AIR | 2.06% |
Dividend History
Ex-Dividend | Amount | Pay Date |
---|---|---|
Dec 20, 2024 | $2.936 | Dec 20, 2024 |
Oct 1, 2024 | $0.2838 | Oct 1, 2024 |
Dec 20, 2023 | $2.0497 | Dec 20, 2023 |
Oct 2, 2023 | $0.0509 | Oct 2, 2023 |
Dec 20, 2022 | $0.494 | Dec 20, 2022 |
Dec 15, 2022 | $1.2998 | Dec 15, 2022 |