Franklin Mutual Global Discovery Fund Class A (TEDIX)
| Fund Assets | 9.05B |
| Expense Ratio | 1.21% |
| Min. Investment | $1,000 |
| Turnover | 34.55% |
| Dividend (ttm) | 3.22 |
| Dividend Yield | 9.61% |
| Dividend Growth | 53.28% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 31.67 |
| YTD Return | 14.04% |
| 1-Year Return | 14.98% |
| 5-Year Return | 97.20% |
| 52-Week Low | 26.62 |
| 52-Week High | 32.61 |
| Beta (5Y) | n/a |
| Holdings | 88 |
| 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 14.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.09%.
Top 10 Holdings
24.00% of assets| Name | Symbol | Weight |
|---|---|---|
| Eur_usd_20250714 | n/a | 3.65% |
| BNP Paribas SA | BNP | 2.89% |
| Usd_eur_20250714 | n/a | 2.59% |
| Charter Communications, Inc. | CHTR | 2.57% |
| Roche Holding AG | ROG | 2.20% |
| AerCap Holdings N.V. | AER | 2.07% |
| Novartis AG ADR | NVSN.MX | 2.07% |
| Prudential plc | PRU | 2.05% |
| Elevance Health, Inc. | ELV | 1.97% |
| Heineken N.V. | HEIA | 1.95% |
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 |