Franklin Mutual Quest Fund C (TEMQX) seeks capital appreciation. TEMQX's secondary goal is income. Under normal market conditions, the fund invests mainly in equity securities of companies of any nation that are available at market prices less than their value based on certain recognized objective criteria. Following this value-oriented strategy, each fund primarily invests in undervalued securities, risk arbitrage securities and distressed companies.
This All Cap Value product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 2.8% and 5 year 7.9%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
TEMQX’s performance, as of the last filing, when compared to funds in its category was in the top 78% over the past 1 year, and in the top 93% over the past 3 years and in the top 90% over the past 5 years.
The Franklin Mutual Quest Fund C, as of the last filing, allocates its fund in top three markets: High Yield Bond, Large Value and Foreign Stock. Further, as of the last filing, Sorenson Communications I, Nrg Energy Inc and Royal Dutch Shell (LON:RDSa) Plc A were the top holdings for TEMQX.
This Zacks Rank #4 (Sell) was incepted in September 1980 and is managed by Franklin/Temp. TEMQX carries an expense ratio of 1.79% and requires a minimal initial investment of $ 1,000.
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Zacks Investment Research