Franklin Convertible Financials
FISCX Fund | USD 23.92 0.07 0.29% |
Franklin |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Franklin Convertible Fund Summary
Franklin Convertible competes with Franklin Equity, Franklin Utilities, Franklin Strategic, Franklin Rising, and Franklin Natural. The fund normally invests at least 80 percent of its net assets in convertible securities. It may invest up to 100 percent of its assets in securities that are rated below investment grade however, the fund will not invest more than 10 percent of its assets in non-convertible debt securities rated below B. It may invest up to 20 percent of its net assets in other securities, such as common or preferred stocks and non-convertible debt securities.Specialization | Convertibles, Large Growth |
Instrument | USA Mutual Fund View All |
Exchange | NMFQS Exchange |
ISIN | US3536121045 |
Business Address | Franklin Investors Securities |
Mutual Fund Family | Franklin Templeton Investments |
Mutual Fund Category | Convertibles |
Benchmark | Dow Jones Industrial |
Phone | 800 342 5236 |
Currency | USD - US Dollar |
Franklin Convertible Key Financial Ratios
Franklin Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Franklin Convertible's current stock value. Our valuation model uses many indicators to compare Franklin Convertible value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Franklin Convertible competition to find correlations between indicators driving Franklin Convertible's intrinsic value. More Info.Franklin Vertible Securities is one of the top funds in price to earning among similar funds. It also is one of the top funds in price to book among similar funds fabricating about 0.13 of Price To Book per Price To Earning. The ratio of Price To Earning to Price To Book for Franklin Vertible Securities is roughly 7.44 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Franklin Convertible's earnings, one of the primary drivers of an investment's value.Franklin Convertible Systematic Risk
Franklin Convertible's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Franklin Convertible volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-four with a total number of output elements of thirty-seven. The Beta measures systematic risk based on how returns on Franklin Convertible correlated with the market. If Beta is less than 0 Franklin Convertible generally moves in the opposite direction as compared to the market. If Franklin Convertible Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Franklin Convertible is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Franklin Convertible is generally in the same direction as the market. If Beta > 1 Franklin Convertible moves generally in the same direction as, but more than the movement of the benchmark.
Franklin Convertible Thematic Clasifications
Franklin Vertible Securities is part of Convertibles Funds investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Funds investing in convertibles debt instruments. Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date
This theme covers Funds investing in convertibles debt instruments. Funds or Etfs that invest in debt that is expected to be converted into a predetermined amount of the company equity at some future date. Get More Thematic Ideas
Franklin Vertible Securities is one of the top funds in net asset among similar funds. Total Asset Under Management (AUM) of Convertibles category is currently estimated at about 42.63 Billion. Franklin Convertible holds roughly 2.84 Billion in net asset claiming about 7% of funds in Convertibles category.Convertibles Funds | View |
Franklin Convertible November 22, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Franklin Convertible help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Franklin Vertible Securities. We use our internally-developed statistical techniques to arrive at the intrinsic value of Franklin Vertible Securities based on widely used predictive technical indicators. In general, we focus on analyzing Franklin Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Franklin Convertible's daily price indicators and compare them against related drivers.
Downside Deviation | 0.3985 | |||
Information Ratio | 0.0944 | |||
Maximum Drawdown | 1.92 | |||
Value At Risk | (0.56) | |||
Potential Upside | 1.14 |
Other Information on Investing in Franklin Mutual Fund
Franklin Convertible financial ratios help investors to determine whether Franklin Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Franklin with respect to the benefits of owning Franklin Convertible security.
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