Personnel turnover and recent struggles support the downgrade of Franklin Mutual Beacon’s Morningstar Analyst Rating from Bronze to Neutral across its share classes.
Franklin Mutual Beacon Z BEGRX
NAV / 1-Day Return
18.80
/
1.67
%
Total Assets
3.7 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.800%
Expense Ratio
0.820%
Fee Level
Below Average
Longest Manager Tenure
14.46
years
Category
World Large-Stock Value
Investment Style
Large ValueMin. Initial Investment
100,000
Status
Open
TTM Yield
2.35%
Turnover
42%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will BEGRX 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 BEGRX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the BEGRX 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 BEGRX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Personnel losses and increased volatility dim this fund’s appeal.
