Franklin Small Cap Value Fund, Class A

Frequently Asked Questions About FRVLX

What does FRVLX invest in?

This fund is primarily designed to invest a substantial portion—at least 80%—of its net holdings in companies categorized as small-capitalization (small-cap). For this portfolio, a small-cap company is defined as one whose market value does not surpass the higher of two benchmarks: either the current maximum market capitalization found in the Russell 2000 Index, or the average of that index's highest market capitalization over the preceding twelve months. The fund's strategy typically involves acquiring common stocks (equity securities) that its management team believes are undervalued at the time of purchase and exhibit strong potential for increasing in market price. Additionally, the fund has the flexibility to allocate up to 25% of its total assets to international (foreign) securities.

What is the expense ratio of FRVLX?

Franklin Small Cap Value Fund, Class A (FRVLX) charges an expense ratio of 0.97%. This is the annual fee deducted from fund assets to cover management and operations.

How big is FRVLX?

Franklin Small Cap Value Fund, Class A (FRVLX) manages $3.98B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is FRVLX actively managed or an index fund?

FRVLX is a passive index fund. It tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (FRVLX's is 0.97%) because there's no security selection cost.

When was FRVLX launched?

Franklin Small Cap Value Fund, Class A (FRVLX) launched in March 1996 and is managed by Franklin Templeton.

How has FRVLX performed?

FRVLX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.