Franklin Mutual Global Discovery Fund Class R (TEDRX)
| Fund Assets | 9.05B |
| Expense Ratio | 1.46% |
| Min. Investment | $1,000 |
| Turnover | 34.55% |
| Dividend (ttm) | 3.14 |
| Dividend Yield | 10.10% |
| Dividend Growth | 55.14% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 30.84 |
| YTD Return | 13.89% |
| 1-Year Return | 14.96% |
| 5-Year Return | 98.13% |
| 52-Week Low | 26.07 |
| 52-Week High | 31.97 |
| Beta (5Y) | n/a |
| Holdings | 88 |
| Inception Date | Jan 2, 2002 |
About TEDRX
Franklin Mutual Global Discovery Fund Class R is an open-end mutual fund focused on seeking long-term capital appreciation by investing in equity securities across global markets. The fund primarily targets undervalued mid- and large-cap stocks, with a significant allocation to foreign companies and exposure to a diverse range of sectors including energy, financial services, industrials, healthcare, and consumer cyclical industries. It follows a value-driven and event-driven investment approach, selecting securities trading below their assessed fundamental value and occasionally engaging in strategies like merger arbitrage and distressed securities investments. The fund is actively managed using fundamental analysis and may also utilize derivatives to implement its strategy. With over $19 billion in assets under management and a portfolio of 93 holdings, Franklin Mutual Global Discovery Fund Class R holds a notable position among global large-stock value funds, offering shareholders diversification and exposure to global equity markets while maintaining a disciplined, valuation-conscious methodology.
Performance
TEDRX had a total return of 14.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.69%.
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 | $2.8575 | Dec 20, 2024 |
| Oct 1, 2024 | $0.2838 | Oct 1, 2024 |
| Dec 20, 2023 | $1.9739 | Dec 20, 2023 |
| Oct 2, 2023 | $0.0509 | Oct 2, 2023 |
| Dec 20, 2022 | $0.4237 | Dec 20, 2022 |
| Dec 15, 2022 | $1.2998 | Dec 15, 2022 |