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4 Best Franklin Templeton Funds to Buy Today

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Founded in 1947, Franklin Templeton Investments prides itself in offering "exceptional asset management" to its clients in more than 170 nations. It has presence in 34 countries and more than 600 investment professionals. With around $717.1 billion assets under management as of Aug 31, 2019, Franklin Templeton Investments is a well-known global investment management firm. The company offers investment management strategies and integrated risk management solutions to individuals, institutions, pension plans, trusts and partnerships.

Below we share with you four best-ranked Franklin Templeton mutual funds. Each has earned a Zacks Mutual Fund Rank #1  (Strong Buy) or 2 (Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of all Franklin Templeton mutual funds, their Zacks Rank and past performance.

Franklin Convertible Securities Fund Class A (FISCX - Free Report) invests a bulk of its assets in convertible securities. FISCX may invest almost all its assets in securities rated lower than investment grade. The fund may invest about one-fifth of its assets in preferred and common stocks as well as non-convertible debt securities. Franklin Convertible Securities A has returned 14% in the past three years.

As of Jul 2019, FISCX held 82 issues, with 5.03% of its assets invested in Franklin IFT Money Market.

Franklin Convertible Securities Fund Advisor Class (FCSZX - Free Report) seeks maximum total returns through appreciation of capital and a high level of current income. FCSZX invests a major portion of its assets in convertible securities. Though FCSZX may invest all of its assets in non-investment grade securities, it invests a maximum of 10% of its assets in unrated securities or those rated below B. Franklin Convertible Securities Fund has three-year annualized returns of 14.3%.

FCSZX has an expense ratio of 0.60% compared with the category average of 1.10%.

Franklin DynaTech Fund Advisor Class (FDYZX - Free Report) seeks capital appreciation over the long run. FDYZX invests a major portion of its assets in equity securities issued by companies, which are believed to be leaders in innovation and benefiting from new industry conditions. Franklin DynaTech Fund Advisor has returned 23.3% over the past three years.

Rupert H. Johnson is one of the fund managers of FDYZX since 1968.

Franklin Mutual U.S. Value Fund Advisor Class (FBSAX - Free Report) seeks high total return by investing the lion’s share of its assets in stocks of such companies, which the fund manager identifies as undervalued or trading at low price compared to its book value. FBSAX has three-year annualized returns 9.7%.

FBSAX has an expense ratio of 0.66% compared with the category average of 1.11%.

To view the Zacks Rank and the past performance of all Franklin Templeton mutual funds, investors can click here to see the complete list of funds.

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