Recent team changes and longer-term performance struggles support a continued Morningstar Analyst Rating of Neutral across all of Franklin Mutual Shares’ share classes.
Franklin Mutual Shares A TESIX
NAV / 1-Day Return
25.15
/
1.95
%
Total Assets
7.2 Bil
Adj. Expense Ratio
1.040%
Expense Ratio
1.060%
Fee Level
Average
Longest Manager Tenure
21.03
years
Category
Allocation--85%+ Equity
Investment Style
Large ValueCredit Quality / Interest Rate Sensitivity
—Status
Open
TTM Yield
3.25%
Turnover
—
Morningstar’s Fund Analysis TESIX
Will TESIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable TESIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the TESIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of TESIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Team turnover and weak execution dent this fund’s appeal.
