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3 Franklin Templeton Funds You Must Add to your Portfolio

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Founded in 1947, Franklin Templeton Investments prides itself in offering "exceptional asset management" to clients in more than 165 nations. It has offices in more than 30 countries and approximately 1,300 investment professionals. With around $1.5 trillion assets under management as of Dec 31, 2020, 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 three best-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 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 6.2%.

As of the end of February 2021, FVHIX held 295 issues with 1.15% of its assets invested in BWAY Holding Company 7.25%.

Franklin DynaTech Fund Advisor Class (FDYZX - Free Report) aims for capital appreciation. The fund invests the majority of its assets in common stocks of companies that the fund manager believes are leaders in innovation, take advantage of new technologies, have superior management, and benefit from new industry conditions in the dynamically changing global economy. FDYZX has three-year annualized returns of 30.6%.

FDYZX has an expense ratio of 0.60% compared with the category average of 1.04%.

Franklin Small-Mid Cap Growth Fund Class A (FRSGX - Free Report) aims for long-term capital growth. The fund invests the majority of its assets in equity securities of small-capitalization and mid-capitalization companies. Its managers choose companies from a range of sectors that include information technology, consumer discretionary, industrials and healthcare. The fund has returned 25.2% in the past three years.

Michael McCarthy has been one of the fund managers of FRSGX since 1993.

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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