Franklin Vertible Securities Fund Quote
| FROTX Fund | USD 20.19 0.05 0.25% |
Performance1 of 100
| Odds Of DistressLess than 22
|
Franklin Vertible is trading at 20.19 as of the 19th of April 2024; that is -0.25% down since the beginning of the trading day. The fund's open price was 20.24. Franklin Vertible has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Franklin Vertible Securities are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 20th of March 2024 and ending today, the 19th of April 2024. Click here to learn more.
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. More on Franklin Vertible Securities
Moving together with Franklin Mutual Fund
| 0.95 | TEBIX | Franklin Mutual Beacon | PairCorr |
| 0.89 | TEDMX | Templeton Developing | PairCorr |
| 0.96 | TEDIX | Franklin Mutual Global | PairCorr |
| 0.93 | TEDSX | Franklin Mutual Global | PairCorr |
| 0.96 | TEDRX | Franklin Mutual Global | PairCorr |
| 0.93 | TEFRX | Templeton Foreign | PairCorr |
| 0.94 | TEFTX | Templeton Foreign | PairCorr |
Franklin 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 Vertible's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Franklin Vertible or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Fund Concentration | Franklin Templeton Investments Funds, Large Funds, Convertibles Funds, Convertibles, Franklin Templeton Investments (View all Sectors) |
| Update Date | 31st of March 2024 |
| Expense Ratio Date | 1st of March 2023 |
| Fiscal Year End | October |
Franklin Vertible Securities [FROTX] is traded in USA and was established 19th of April 2024. Franklin Vertible is listed under Franklin Templeton Investments category by Fama And French industry classification. The fund is listed under Convertibles category and is part of Franklin Templeton Investments family. This fund currently has accumulated 2.84 B in assets under management (AUM) with no minimum investment requirementsFranklin Vertible is currently producing year-to-date (YTD) return of 0.75% with the current yeild of 0.0%, while the total return for the last 3 years was -2.5%.
Check Franklin Vertible Probability Of Bankruptcy
Instrument Allocation
Top Franklin Vertible Securities Mutual Fund Constituents
| SWK | Stanley Black Decker | Stock | Industrials |
| EQH | Axa Equitable Holdings | Stock | Financials |
| INFXX | Institutional Fiduciary Trust | Money Market Fund | US Money Market Fund |
Franklin Vertible Target Price Odds Analysis
Based on a normal probability distribution, the odds of Franklin Vertible jumping above the current price in 90 days from now is about 75.48%. The Franklin Vertible Securities probability density function shows the probability of Franklin Vertible mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon Franklin Vertible has a beta of 0.6509. This usually indicates as returns on the market go up, Franklin Vertible average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding Franklin Vertible Securities will be expected to be much smaller as well. Additionally, franklin Vertible Securities has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Franklin Vertible to move above the current price in 90 days from now is about 75.48 (This Franklin Vertible Securities probability density function shows the probability of Franklin Mutual Fund to fall within a particular range of prices over 90 days) .
Franklin Vertible Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Franklin Vertible market risk premium is the additional return an investor will receive from holding Franklin Vertible 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 Vertible. 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 Vertible's alpha and beta are two of the key measurements used to evaluate Franklin Vertible's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 0.3813 | |||
| Semi Deviation | 0.4958 | |||
| Standard Deviation | 0.4629 | |||
| Variance | 0.2143 |
Franklin Vertible Against Markets
Picking the right benchmark for Franklin Vertible 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 Vertible 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 Vertible is critical whether you are bullish or bearish towards Franklin Vertible Securities at a given time. Please also check how Franklin Vertible's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Franklin Vertible without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy Franklin Mutual Fund?
Before investing in Franklin Vertible, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Franklin Vertible. To buy Franklin Vertible fund, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Franklin Vertible. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Franklin Vertible fund. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Franklin Vertible Securities fund in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Franklin Vertible Securities fund, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the fund
It's important to note that investing in stocks, such as Franklin Vertible Securities, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in fund prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Franklin Vertible Securities?
The danger of trading Franklin Vertible Securities is mainly related to its market volatility and Mutual Fund specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Franklin Vertible is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Franklin Vertible. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Franklin Vertible is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Franklin Vertible Securities. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in estimate. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.