FRANKLIN Mutual Fund Quote

FLDZX Fund  USD 8.93  0.02  0.22%   

Market Performance

11 of 100

Odds Of Distress

Less than 1

FRANKLIN LOW is trading at 8.93 as of the 24th of March 2023; that is 0.22 percent increase since the beginning of the trading day. The fund's open price was 8.91. FRANKLIN LOW has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for FRANKLIN LOW DURATION are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of February 2023 and ending today, the 24th of March 2023. Click here to learn more.
ISIN
US3536126176
The investment seeks a high level of current income as is consistent with prudent investing, while seeking preservation of capital. Franklin Low is traded on NASDAQ Exchange in the United States. More on FRANKLIN LOW DURATION

Moving together with FRANKLIN LOW

+0.81VFSTXVANGUARD SHORT-TERMPairCorr
+0.7VFSUXVANGUARD SHORT-TERMPairCorr
+0.8VBISXVANGUARD SHORT-TERM BONDPairCorr
+0.79VBITXVANGUARD SHORT-TERM BONDPairCorr
+0.69VBIRXVanguard Short-Term BondPairCorr
+0.81VFSIXVANGUARD SHORT-TERMPairCorr
+0.87LALDXLORD ABBETT SHORTPairCorr

Moving against FRANKLIN LOW

-0.54GPMFXGUIDEPATH MANAGED FUTURESPairCorr
-0.54PQTAXPIMCO TRENDS ManagedPairCorr
-0.53PQTIXAa Pimco TrPairCorr
-0.52PQTNXPIMCO TRENDS ManagedPairCorr

FRANKLIN LOW Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. FRANKLIN LOW's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding FRANKLIN LOW or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Fama & French Classification
Macroaxis Advice
The buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of FRANKLIN LOW's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellOvervalued
Beta In Three Year0.33
Startdate17th of November 2004
FRANKLIN LOW DURATION [FLDZX] is traded in USA and was established 24th of March 2023. The fund is listed under Short-Term Bond category and is part of Franklin Templeton Investments family. FRANKLIN LOW DURATION currently has accumulated 2.78 B in assets under management (AUM) with minimum initial investment of 100 K. , while the total return for the last 3 years was 1.33%.
Check FRANKLIN LOW Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on FRANKLIN Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding FRANKLIN Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as FRANKLIN LOW DURATION Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top FRANKLIN LOW DURATION Mutual Fund Constituents

FRANKLIN LOW Target Price Odds Analysis

Based on a normal probability distribution, the odds of FRANKLIN LOW jumping above the current price in 90 days from now is near 1%. The FRANKLIN LOW DURATION probability density function shows the probability of FRANKLIN LOW mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon FRANKLIN LOW DURATION has a beta of -0.0457. This usually indicates as returns on benchmark increase, returns on holding FRANKLIN LOW are expected to decrease at a much lower rate. During the bear market, however, FRANKLIN LOW DURATION is likely to outperform the market. Additionally, the company has an alpha of 0.0141, implying that it can generate a 0.0141 percent excess return over NYSE Composite after adjusting for the inherited market risk (beta).
  Odds Below 8.93HorizonTargetOdds Above 8.93
98.96%90 days
 8.93 
0.90%
Based on a normal probability distribution, the odds of FRANKLIN LOW to move above the current price in 90 days from now is near 1 (This FRANKLIN LOW DURATION probability density function shows the probability of FRANKLIN Mutual Fund to fall within a particular range of prices over 90 days) .

FRANKLIN LOW DURATION Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. FRANKLIN LOW market risk premium is the additional return an investor will receive from holding FRANKLIN LOW long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in FRANKLIN LOW. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although FRANKLIN LOW's alpha and beta are two of the key measurements used to evaluate FRANKLIN LOW's performance over the market, the standard measures of volatility play an important role as well.

FRANKLIN LOW Against Markets

Picking the right benchmark for FRANKLIN LOW mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in FRANKLIN LOW mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for FRANKLIN LOW is critical whether you are bullish or bearish towards FRANKLIN LOW DURATION at a given time.