Back to top

Image: Bigstock

Grab These 3 Franklin Templeton Mutual Funds for Stellar Returns

Read MoreHide Full Article

With around $1.4 trillion assets under management as of Sep 30, 2020, Franklin Templeton Investments is a well-known global investment management firm. Franklin Templeton acquired Legg Mason on Jul 31. It offers investment management strategies and integrated risk-management solutions to individuals, institutions, pension plans, trusts and partnerships.

Founded in 1947, Franklin Templeton Investments offers "exceptional asset management" to clients in more than 165 countries. It has presence in 34 countries and more than 12,000 employees. Franklin Templeton Investments is the biggest cross-border fund management group in the world.

Below we share with you three top-ranked Franklin Templeton mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong 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 Emerging Market Debt Opportunities Fund (FEMDX - Free Report) aims for high total return. The fund invests the majority of its assets in debt securities of emerging market countries. Emerging market countries generally include those considered to be developing by the World Bank. FEMDX has three-year annualized returns of 3.7%.

As of the end of January 2021, FEMDX held 80 issues with 4.5% of its assets invested in Iraq (Republic Of) 5.8%.

Franklin DynaTech Fund Class A (FKDNX - Free Report) aims for capital appreciation. The fund primarily invests in common stocks of companies, which the fund manager believes are leaders in innovation, take advantage of new technologies, have superior management and benefit from new industry conditions in a dynamically changing global economy. FKDNX has three-year annualized returns of 30.3%.

FKDNX has an expense ratio of 0.85% compared to the category average of 1.04%.

Franklin High Income Fund Advisor Class (FVHIX - Free Report) aims for high current income. The fund also aims for capital appreciation to the extent it is possible and consistent with the fund's principal goal by investing predominantly in high yield, lower-rated debt securities. FVHIX has three-year annualized returns of 5.6%.

Glenn I. Voyles has been one of the fund managers of FVHIX since 2015.

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.

Want key mutual fund info delivered straight to your inbox?

Zacks' free Fund Newsletter will brief you on top news and analysis, as well as top-performing mutual funds, each week. Get it free >>

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Franklin DynaTech A (FKDNX) - free report >>

Franklin Emg Mkt Debt Opportuns (FEMDX) - free report >>

Franklin High Income Adv (FVHIX) - free report >>