Franklin Mutual Shares Fund (TESIX)
Franklin Mutual Shares Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Short Hills, NJ, US. The stock last traded at $28.43, down 0.63% on the session, giving a market capitalisation of $7.02B. Its beta of 1.18 implies it has historically moved more than the broad market.
The Franklin Mutual Shares Fund primarily allocates its capital to company stocks, spanning both domestic and international markets. Its investment approach centers on identifying businesses whose current market prices are believed by the manager to be less than their inherent value, as determined through recognized and objective analytical criteria. Beyond these core equity holdings, the fund's portfolio can also include investments in opportunities arising from corporate mergers (merger arbitrage), as well as the debt and equity instruments of companies experiencing financial distress. Furthermore, a substantial portion of the fund's assets may be dedicated to non-U.S. securities, including government bonds issued by foreign nations.
Franklin Mutual Shares Fund is most often compared with the following Financial Services names: