Franklin Balance Sheet Investment A Fund (FRBSX - Free Report) a Zacks Rank #2 (Buy) was incepted in April 1990 and is managed by Franklin Advisers. The objective of FRBSX is to seek high total return of which capital appreciation and income are components. FRBSX's invests primarily in the equity securities of companies they believe are undervalued and trading at a low price relative to book value. FRBSX invests a substantial portion of its assets in small capitalization companies, which have a market capitalization such as those that comprise the Russell 2000 Index at the time of the fund's investment. FRBSX may invest up to 25% of total assets in foreign securities.
This Small Value product, as of the last filing, allocates their fund in five major groups; Large Value, Small Value, High Yield Bond, Foreign Stock and Precious Metal. Further, as of the last filing, Corning Inc, First Solar Inc and Photronics were the top holdings for FRBSX.
The Franklin Balance Sheet Investment A fund, managed by Franklin/Temp, carries an expense ratio of 0.94%. Moreover, FRBSX requires a minimal initial investment of $1,000.
FRBSX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 3.1% and 5 year 12%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
FRBSX’s performance, as of the last filing, when compared to funds in its category was in the top 35% over the past 1 year.
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